ZAKENKANTOOR PASCAL DECLERCQ: 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.
ZAKENKANTOOR PASCAL DECLERCQ
Largest movements
- Cash -€39,719
down €39,719 (-44.1%), from €90,082 to €50,363
mainly Net result for the year (-€46,763) and Receivables within one year (-€34,093)
- Receivables within one year +€34,093
up €34,093 (+37.2%), from €91,586 to €125,679
- Current investments -€24,878
down €24,878 (-6.4%), from €391,772 to €366,894
- Tangible fixed assets -€20,022
down €20,022 (-4.7%), from €422,351 to €402,329
of which Land and buildings: -€16,421
- Profit (loss) carried forward -€46,763
down €46,763 (-11.2%), from €418,726 to €371,963
- Gross operating margin +€9,739
up €9,739 (+72.7%), from -€13,403 to -€3,664
- Financial charges +€9,602
up €9,602 (+110%), from €8,701 to €18,303
- Financial income -€5,006
down €5,006 (-11.2%), from €44,574 to €39,568
- Other operating charges -€884
down €884 (-19.0%), from €4,653 to €3,769
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 | €1,132,169 | €1,082,377 | -€49,792 | -4.4% |
| Fixed assets | 21/28 | €422,351 | €402,329 | -€20,022 | -4.7% |
| Tangible fixed assets | 22/27 | €422,351 | €402,329 | -€20,022 | -4.7% |
| Land and buildings | 22 | €412,825 | €396,404 | -€16,421 | -4.0% |
| Plant, machinery and equipment | 23 | €3,610 | €2,189 | -€1,421 | -39.4% |
| Furniture and vehicles | 24 | €5,916 | €3,736 | -€2,180 | -36.8% |
| Current assets | 29/58 | €709,818 | €680,048 | -€29,770 | -4.2% |
| Amounts receivable after more than one year | 29 | €129,720 | €129,720 | = | 0.0% |
| Other amounts receivable | 291 | €129,720 | €129,720 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €91,586 | €125,679 | +€34,093 | +37.2% |
| Other amounts receivable | 41 | €91,586 | €125,679 | +€34,093 | +37.2% |
| Current investments | 50/53 | €391,772 | €366,894 | -€24,878 | -6.4% |
| Cash at bank and in hand | 54/58 | €90,082 | €50,363 | -€39,719 | -44.1% |
| Deferred charges and accrued income | 490/1 | €6,658 | €7,392 | +€734 | +11.0% |
| Total equity and liabilities | 10/49 | €1,132,169 | €1,082,377 | -€49,792 | -4.4% |
| Equity | 10/15 | €1,028,785 | €982,022 | -€46,763 | -4.5% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Contributions outside capital | 11 | €24,800 | €24,800 | = | 0.0% |
| Other | 1109/19 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €585,259 | €585,259 | = | 0.0% |
| Tax-exempt reserves | 132 | €177 | €177 | = | 0.0% |
| Distributable reserves | 133 | €585,082 | €585,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | €418,726 | €371,963 | -€46,763 | -11.2% |
| Amounts payable | 17/49 | €103,384 | €100,355 | -€3,029 | -2.9% |
| Amounts payable within one year | 42/48 | €97,634 | €99,687 | +€2,053 | +2.1% |
| Trade debts | 44 | €2,772 | €920 | -€1,852 | -66.8% |
| Suppliers | 440/4 | €2,772 | €920 | -€1,852 | -66.8% |
| Taxes, remuneration and social security | 45 | €1,166 | €273 | -€893 | -76.6% |
| Taxes | 450/3 | €1,166 | €273 | -€893 | -76.6% |
| Other amounts payable | 47/48 | €93,696 | €98,494 | +€4,798 | +5.1% |
| Accrued charges and deferred income | 492/3 | €5,750 | €668 | -€5,082 | -88.4% |
| Remuneration, social security and pensions | 62 | €40,573 | €40,573 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,083 | €20,022 | -€61 | -0.3% |
| Other operating charges | 640/8 | €4,653 | €3,769 | -€884 | -19.0% |
| Gross operating margin | 9900 | -€13,403 | -€3,664 | +€9,739 | +72.7% |
| Operating profit (loss) | 9901 | -€78,712 | -€68,028 | +€10,684 | +13.6% |
| Financial income | 75/76B | €44,574 | €39,568 | -€5,006 | -11.2% |
| Recurring financial income | 75 | €44,574 | €39,568 | -€5,006 | -11.2% |
| Financial charges | 65/66B | €8,701 | €18,303 | +€9,602 | +110% |
| Recurring financial charges | 65 | €8,701 | €18,303 | +€9,602 | +110% |
| Profit (loss) for the period before taxes | 9903 | -€42,839 | -€46,763 | -€3,924 | -9.2% |
| Profit (loss) for the period | 9904 | -€42,839 | -€46,763 | -€3,924 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,839 | -€46,763 | -€3,924 | -9.2% |
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 20 October 2026 via checked.be.