LECLERCQ DECORATION: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LECLERCQ DECORATION
Largest movements
- Cash +€36,313
up €36,313 (+24.4%), from €148,648 to €184,961
mainly Net result for the year (+€30,997) and Debts after one year (+€19,840)
- Tangible fixed assets +€22,171
up €22,171 (+41.2%), from €53,768 to €75,939
of which Furniture and vehicles: +€31,200
- Stocks and contracts +€10,478
up €10,478 (+6.2%), from €167,837 to €178,315
- Current investments +€9,784
up €9,784 (+31.1%), from €31,483 to €41,268
- Profit (loss) carried forward +€30,997
up €30,997 (+11.7%), from €265,930 to €296,927
- Debts after one year +€19,840
up €19,840 (+2,092%), from €949 to €20,789
- Trade debts +€18,867
up €18,867 (+17.7%), from €106,451 to €125,318
- Tax, wage and social debts +€12,270
up €12,270 (+64.3%), from €19,078 to €31,348
of which Remuneration and social security: +€11,524
- Current portion of long-term debt -€7,383
down €7,383 (-54.7%), from €13,497 to €6,114
- Gross operating margin +€83,286
up €83,286 (+72.1%), from €115,500 to €198,787
- Staff costs +€56,556
up €56,556 (+67.8%), from €83,404 to €139,960
- Taxes +€7,657
up €7,657 (+214%), from €3,578 to €11,235
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €485,614 | €559,069 | +€73,455 | +15.1% |
| Fixed assets | 21/28 | €58,974 | €81,145 | +€22,171 | +37.6% |
| Tangible fixed assets | 22/27 | €53,768 | €75,939 | +€22,171 | +41.2% |
| Plant, machinery and equipment | 23 | €25 | €0 | -€25 | -100% |
| Furniture and vehicles | 24 | €2,412 | €33,612 | +€31,200 | +1,294% |
| Other tangible fixed assets | 26 | €51,331 | €42,326 | -€9,004 | -17.5% |
| Financial fixed assets | 28 | €5,207 | €5,207 | = | 0.0% |
| Current assets | 29/58 | €426,640 | €477,924 | +€51,284 | +12.0% |
| Stocks and contracts in progress | 3 | €167,837 | €178,315 | +€10,478 | +6.2% |
| Stocks | 30/36 | €167,837 | €178,315 | +€10,478 | +6.2% |
| Amounts receivable within one year | 40/41 | €73,851 | €69,254 | -€4,597 | -6.2% |
| Trade receivables | 40 | €12,360 | €37,290 | +€24,930 | +202% |
| Other amounts receivable | 41 | €61,491 | €31,964 | -€29,527 | -48.0% |
| Current investments | 50/53 | €31,483 | €41,268 | +€9,784 | +31.1% |
| Cash at bank and in hand | 54/58 | €148,648 | €184,961 | +€36,313 | +24.4% |
| Deferred charges and accrued income | 490/1 | €4,821 | €4,126 | -€695 | -14.4% |
| Total equity and liabilities | 10/49 | €485,614 | €559,069 | +€73,455 | +15.1% |
| Equity | 10/15 | €344,503 | €375,500 | +€30,997 | +9.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €16,600 | €16,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,402 | €10,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | €265,930 | €296,927 | +€30,997 | +11.7% |
| Amounts payable | 17/49 | €141,111 | €183,569 | +€42,458 | +30.1% |
| Amounts payable after more than one year | 17 | €949 | €20,789 | +€19,840 | +2,092% |
| Financial debts | 170/4 | €949 | €20,789 | +€19,840 | +2,092% |
| Amounts payable within one year | 42/48 | €139,517 | €162,780 | +€23,263 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €13,497 | €6,114 | -€7,383 | -54.7% |
| Trade debts | 44 | €106,451 | €125,318 | +€18,867 | +17.7% |
| Suppliers | 440/4 | €106,451 | €125,318 | +€18,867 | +17.7% |
| Taxes, remuneration and social security | 45 | €19,078 | €31,348 | +€12,270 | +64.3% |
| Taxes | 450/3 | €2,219 | €2,966 | +€746 | +33.6% |
| Remuneration and social security | 454/9 | €16,859 | €28,382 | +€11,524 | +68.4% |
| Other amounts payable | 47/48 | €491 | €0 | -€491 | -100% |
| Accrued charges and deferred income | 492/3 | €645 | €0 | -€645 | -100% |
| Remuneration, social security and pensions | 62 | €83,404 | €139,960 | +€56,556 | +67.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,340 | €12,780 | -€560 | -4.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,509 | €1,552 | -€1,957 | -55.8% |
| Other operating charges | 640/8 | €2,968 | €1,500 | -€1,468 | -49.5% |
| Gross operating margin | 9900 | €115,500 | €198,787 | +€83,286 | +72.1% |
| Operating profit (loss) | 9901 | €12,279 | €42,995 | +€30,716 | +250% |
| Financial income | 75/76B | €949 | €1,863 | +€913 | +96.2% |
| Recurring financial income | 75 | €949 | €1,863 | +€913 | +96.2% |
| Financial charges | 65/66B | €3,197 | €2,626 | -€571 | -17.9% |
| Recurring financial charges | 65 | €3,197 | €2,626 | -€571 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €10,031 | €42,232 | +€32,201 | +321% |
| Income taxes | 67/77 | €3,578 | €11,235 | +€7,657 | +214% |
| Profit (loss) for the period | 9904 | €6,453 | €30,997 | +€24,544 | +380% |
| Profit (loss) for the period to be appropriated | 9905 | €6,453 | €30,997 | +€24,544 | +380% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.