YVES DE CLERCQ: 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.
What changed
YVES DE CLERCQ
NACE 73.200, Market research and public opinion polling
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€90,370
2024 · €93,480-€3,110
Equity
€456,499
2024 · €366,129+€90,370
Cash
€101,758
2024 · €102,823-€1,065
Balance sheet total
€707,939
2024 · €696,038+€11,901
Largest movements
Assets
- Tangible fixed assets +€11,067
up €11,067 (+2.0%), from €564,816 to €575,883
Equity and liabilities
- Profit (loss) carried forward +€90,370
up €90,370 (+42.6%), from €212,129 to €302,499
- Other debts -€81,701
down €81,701 (-26.1%), from €313,099 to €231,398
Income statement
- Staff costs +€13,851
up €13,851 (+15.9%), from €87,366 to €101,217
- Taxes -€10,378
down €10,378 (-32.7%), from €31,703 to €21,325
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.
Result 2024
€93,480
Gross operating margin
+€1,299
Staff costs
-€13,851
Depreciation
-€629
Other operating charges
-€228
Financial charges
-€79
Taxes
+€10,378
Result 2025
€90,370
raises the resultlowers the result
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.
From operations
+€20,655
Investment
-€21,720
Financing
€0
Cash 2024
€102,823
From operations (derived)
+€20,655
Net result for the year
+€90,370
Depreciation
+€10,653
Receivables within one year
-€3,920
Deferred charges and accrued income
+€2,021
Trade debts
+€4,233
Tax, wage and social debts
-€1,001
Other debts
-€81,701
Investment (derived)
-€21,720
Investment in fixed assets (net)
-€21,720
Cash 2025
€101,758
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €696,038 | €707,939 | +€11,901 | +1.7% |
| Fixed assets | 21/28 | €565,009 | €576,076 | +€11,067 | +2.0% |
| Tangible fixed assets | 22/27 | €564,816 | €575,883 | +€11,067 | +2.0% |
| Land and buildings | 22 | €564,816 | €575,883 | +€11,067 | +2.0% |
| Financial fixed assets | 28 | €193 | €193 | = | 0.0% |
| Current assets | 29/58 | €131,029 | €131,863 | +€834 | +0.6% |
| Amounts receivable within one year | 40/41 | €25,129 | €29,049 | +€3,920 | +15.6% |
| Trade receivables | 40 | €21,833 | €18,078 | -€3,755 | -17.2% |
| Other amounts receivable | 41 | €3,297 | €10,971 | +€7,675 | +233% |
| Cash at bank and in hand | 54/58 | €102,823 | €101,758 | -€1,065 | -1.0% |
| Deferred charges and accrued income | 490/1 | €3,077 | €1,056 | -€2,021 | -65.7% |
| Total equity and liabilities | 10/49 | €696,038 | €707,939 | +€11,901 | +1.7% |
| Equity | 10/15 | €366,129 | €456,499 | +€90,370 | +24.7% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Capital | 10 | €140,000 | €140,000 | = | 0.0% |
| Issued capital | 100 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €14,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,000 | €14,000 | = | 0.0% |
| Legal reserve | 130 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €212,129 | €302,499 | +€90,370 | +42.6% |
| Amounts payable | 17/49 | €329,909 | €251,440 | -€78,469 | -23.8% |
| Amounts payable within one year | 42/48 | €329,909 | €251,440 | -€78,469 | -23.8% |
| Trade debts | 44 | €2,678 | €6,910 | +€4,233 | +158% |
| Suppliers | 440/4 | €2,678 | €6,910 | +€4,233 | +158% |
| Taxes, remuneration and social security | 45 | €14,132 | €13,132 | -€1,001 | -7.1% |
| Taxes | 450/3 | €8,865 | €9,226 | +€361 | +4.1% |
| Remuneration and social security | 454/9 | €5,267 | €3,906 | -€1,361 | -25.8% |
| Other amounts payable | 47/48 | €313,099 | €231,398 | -€81,701 | -26.1% |
| Remuneration, social security and pensions | 62 | €87,366 | €101,217 | +€13,851 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,024 | €10,653 | +€629 | +6.3% |
| Other operating charges | 640/8 | €7,252 | €7,480 | +€228 | +3.1% |
| Gross operating margin | 9900 | €230,198 | €231,497 | +€1,299 | +0.6% |
| Operating profit (loss) | 9901 | €125,557 | €112,147 | -€13,409 | -10.7% |
| Financial charges | 65/66B | €373 | €452 | +€79 | +21.2% |
| Recurring financial charges | 65 | €373 | €452 | +€79 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €125,183 | €111,695 | -€13,488 | -10.8% |
| Income taxes | 67/77 | €31,703 | €21,325 | -€10,378 | -32.7% |
| Profit (loss) for the period | 9904 | €93,480 | €90,370 | -€3,110 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,480 | €90,370 | -€3,110 | -3.3% |
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.