Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Declercq from Eeklo, company number BE0423153194, closed financial year 2025 with a result of € -18,334 after tax. For that financial year Declercq recorded a gross margin of € 8,620 and equity of € 50,507. Compared with financial year 2024, the result moved from € 22,399 to € -18,334. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 13, 2026.
€ 50,507
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,334
▼ still € 22,399 profit in 2024
Profit after tax over the fiscal year.
€ 11,627
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -41,461.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,203
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 55,289
▼ 12% vs 2024
€ 7,715 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 2
▼ € 25,173 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 613
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,790 | € 5,135 | € 39,425 | € 8,620 | ▼ 78% |
| Profit after taxes | € -14,333 | € -7,710 | € 22,399 | € -18,334 | ▼ € 40,733 |
| Equity | € 54,152 | € 46,442 | € 68,841 | € 50,507 | ▼ 27% |
| Total debts | € 39,312 | € 87,000 | € 325,716 | € 261,421 | ▼ 20% |
| Cash | € 8,038 | € 5,083 | € 22,739 | € 11,627 | ▼ 49% |
| Land & buildings | € 79,326 | € 116,179 | € 295,563 | € 285,624 | ▼ 3% |
| Retained profit | € -37,816 | € -45,527 | € -23,127 | € -41,461 | ▼ € 18,334 |
| Bank debt | € 0 | € 70,719 | € 63,004 | € 55,289 | ▼ 12% |
| Balance sheet total | € 93,464 | € 133,442 | € 394,558 | € 311,928 | ▼ 21% |
Key figures of Declercq, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Declercq?
What happened at Declercq in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,334 (▼ € 40,733 vs 2024). Source: NBB ↗
- Elias Vandevoorde became a director. NBB
- Kurt Declercq stepped down as director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Eeklo. KBO
In short
From € 14,333 loss in 2022 to € 18,334 loss in 2025.
Best year ever: 2024, with € 22,399 profit.
Management
The stake of Rent 2 Work comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DeclercqBehind Declercq is Elias Vandevoorde. The shares are held by Rent 2 Work (100%).
Directors
According to the 2025 annual accounts
Elias Vandevoorde
Director
Also active at: SMITZ & CO, L&A TRANS, E & S RECYCLING, Sanel Zeebrugge, ELIAS VANDEVOORDE
since 2025
Kurt Declercq
Director
· until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pastoor Bontestraat 65
9900 Eeklo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.153.194
- VAT number
- BE 0423.153.194
- Registered office
- Pastoor Bontestraat 65, 9900 Eeklo
- Names & denominations
- Declercq
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 1982
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Fokvarkenshouderijen
Fokvarkenshouderij