VERZEKERINGEN DECLERCQ: what changed
Two fiscal 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.
VERZEKERINGEN DECLERCQ
Largest movements
- Cash +€173,479
up €173,479 (+15.4%), from €1.1m to €1.3m
mainly Net result for the year (+€205,161) and Provisions (+€130,013)
- Receivables after one year +€70,000
up €70,000 (+140.0%), from €50,000 to €120,000
- Tangible fixed assets -€38,143
down €38,143 (-20.3%), from €187,472 to €149,328
of which Land and buildings: -€73,619
- Receivables within one year +€16,779
up €16,779 (+42.2%), from €39,730 to €56,510
of which Other amounts receivable: +€16,029
- Provisions +€130,013
new in 2025: €130,013
- Reserves +€85,954
up €85,954 (+6.1%), from €1.4m to €1.5m
of which Tax-exempt reserves: +€390,038
- Taxes -€89,467
down €89,467 (-97.0%), from €92,217 to €2,750
- Other operating charges -€53,260
down €53,260 (-93.9%), from €56,724 to €3,464
- Depreciation -€13,107
down €13,107 (-32.2%), from €40,680 to €27,573
- Gross operating margin +€8,662
up €8,662 (+2.6%), from €337,063 to €345,725
- Financial income -€6,219
down €6,219 (-19.1%), from €32,562 to €26,343
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.
Cash bridge derived
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 | €1,407,467 | €1,629,582 | +€222,115 | +15.8% |
| Fixed assets | 21/28 | €187,472 | €149,328 | -€38,143 | -20.3% |
| Tangible fixed assets | 22/27 | €187,472 | €149,328 | -€38,143 | -20.3% |
| Land and buildings | 22 | €164,538 | €90,920 | -€73,619 | -44.7% |
| Plant, machinery and equipment | 23 | €1,730 | €3,233 | +€1,502 | +86.8% |
| Furniture and vehicles | 24 | €21,203 | €55,176 | +€33,973 | +160.2% |
| Current assets | 29/58 | €1,219,995 | €1,480,253 | +€260,258 | +21.3% |
| Amounts receivable after more than one year | 29 | €50,000 | €120,000 | +€70,000 | +140.0% |
| Other amounts receivable | 291 | €50,000 | €120,000 | +€70,000 | +140.0% |
| Amounts receivable within one year | 40/41 | €39,730 | €56,510 | +€16,779 | +42.2% |
| Trade receivables | 40 | €0 | €750 | +€750 | |
| Other amounts receivable | 41 | €39,730 | €55,760 | +€16,029 | +40.3% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,130,015 | €1,303,494 | +€173,479 | +15.4% |
| Total equity and liabilities | 10/49 | €1,407,467 | €1,629,582 | +€222,115 | +15.8% |
| Equity | 10/15 | €1,407,467 | €1,493,421 | +€85,954 | +6.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,401,269 | €1,487,224 | +€85,954 | +6.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €390,038 | +€390,038 | |
| Distributable reserves | 133 | €1,399,410 | €1,095,326 | -€304,084 | -21.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €130,013 | +€130,013 | |
| Deferred taxes | 168 | - | €130,013 | +€130,013 | |
| Amounts payable | 17/49 | €0 | €6,148 | +€6,148 | |
| Amounts payable within one year | 42/48 | €0 | €6,148 | +€6,148 | |
| Trade debts | 44 | €0 | €187 | +€187 | |
| Suppliers | 440/4 | €0 | €187 | +€187 | |
| Taxes, remuneration and social security | 45 | €0 | €5,960 | +€5,960 | |
| Taxes | 450/3 | €0 | €5,960 | +€5,960 | |
| Non-recurring operating income | 76A | €455,732 | €0 | -€455,732 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,511 | €3,000 | +€1,489 | +98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,680 | €27,573 | -€13,107 | -32.2% |
| Other operating charges | 640/8 | €56,724 | €3,464 | -€53,260 | -93.9% |
| Gross operating margin | 9900 | €337,063 | €345,725 | +€8,662 | +2.6% |
| Operating profit (loss) | 9901 | €238,148 | €311,687 | +€73,539 | +30.9% |
| Financial income | 75/76B | €32,562 | €26,343 | -€6,219 | -19.1% |
| Recurring financial income | 75 | €32,562 | €26,343 | -€6,219 | -19.1% |
| Financial charges | 65/66B | €401 | €107 | -€293 | -73.3% |
| Recurring financial charges | 65 | €401 | €107 | -€293 | -73.3% |
| Profit (loss) for the period before taxes | 9903 | €270,310 | €337,924 | +€67,614 | +25.0% |
| Transfer to deferred taxes | 680 | - | €130,013 | +€130,013 | |
| Income taxes | 67/77 | €92,217 | €2,750 | -€89,467 | -97.0% |
| Profit (loss) for the period | 9904 | €178,093 | €205,161 | +€27,068 | +15.2% |
| Transfer to tax-exempt reserves | 689 | - | €390,038 | +€390,038 | |
| Profit (loss) for the period to be appropriated | 9905 | €178,093 | -€184,878 | -€362,970 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.