VANDERMARLIERE & CO
InactiveFinancials · fiscal year 2025, full schema
Turnover
€704,221▼ 9.8%
2019 · €780,972
EBIT margin
20.8%▼ 4.7pp
2019 · 25.5%
Net result
€236,927▼ 12.2%
2024 · €269,718
Working capital
€1.2m▲ 26.8%
2024 · €914,848
Trend over the years
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result falls in 2025; 2025 is 6% below 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Turnover€0.7m
2020
Operating result€0.3m
2025
Net result€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.4m
2025
Equity€1.2m
2025
Debt€0.2m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin20.8%
2020
Average staff in full-time equivalents (FTE).
Staff (FTE)5.8
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.7m-€0.8m▲ 16.5%€0.7m▼ 9.8%
Operating result€0.2m-€0.2m▲ 2.6%€0.1m▼ 26.3%€0.2m▲ 21.3%€0.2m▼ 1.5%€0.2m▲ 15.7%€0.3m▲ 70.9%€0.3m▼ 5.9%
Net result€0.1m-€0.1m▲ 4.1%€0.1m▼ 21.2%€0.1m▲ 20.5%€0.1m▼ 4.4%€0.2m▲ 22.1%€0.3m▲ 76.4%€0.2m▼ 12.2%
EBIT margin29.0%-25.5%▼ 3.4pp20.8%▼ 4.7pp
Equity€0.5m-€0.7m▲ 26.9%€0.8m▲ 16.7%€0.9m▲ 17.3%€0.5m▼ 42.1%€0.7m▲ 29.7%€0.9m▲ 40.4%€1.2m▲ 25.3%
Total assets€0.6m-€0.7m▲ 24.8%€0.8m▲ 15.7%€1.0m▲ 17.4%€0.6m▼ 38.0%€0.8m▲ 34.7%€1.1m▲ 37.7%€1.4m▲ 23.7%
Debt€0.06m-€0.07m▲ 7.1%€0.07m▲ 6.1%€0.08m▲ 18.5%€0.09m▲ 5.6%€0.1m▲ 64.2%€0.2m▲ 25.3%€0.2m▲ 15.7%
Working capital€0.5m-€0.6m▲ 27.1%€0.7m▲ 20.6%€0.8m▲ 15.6%€0.5m▼ 42.5%€0.7m▲ 35.3%€0.9m▲ 39.8%€1.2m▲ 26.8%
Staff (FTE)4.1-4▼ 2.4%4.8▲ 20.0%4.6▼ 4.2%4▼ 13.0%4.3▲ 7.5%6.2▲ 44.2%5.8▼ 6.5%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€14,785 ▼ 40.6%
Current assets
€1.4m ▲ 25.2%
Equity and liabilities €1.4m
Equity
€1.2m ▲ 25.3%
Debt
€210,527 ▲ 15.7%
Debt's share of the balance-sheet total falls from 16.2% to 15.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€336,337▼
2024 · €360,389
Cash flow
€247,025▼
2024 · €283,313
Current ratio
6.51▲
2024 · 6.07
Quick ratio
6.45▲
2024 · 6.01
Debt to equity
0.18▼
2024 · 0.19
ROE
20.2%▼
2024 · 28.8%
ROA
17.1%▼
2024 · 24.1%
Interest coverage
54.85▼
2024 · 64.10
Debt ≤ 1 year
€210,527▲
2024 · €180,372
Income taxes
€92,802▲
2024 · €91,840
Staff costs
€295,695▼
2024 · €403,152
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €670,231 | €780,972 | €704,221 | - | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €3,000 | €4,800 | €7,500 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €239,214 | €230,515 | €262,694 | €403,152 | €295,695 | ▼ 26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,265 | €19,794 | €17,675 | €14,706 | €20,062 | €16,242 | €13,595 | €10,098 | ▼ 25.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €9,299 | -€14,468 | €3,463 | -€9,701 | -€1,342 | ▲ 86.2% |
| Other operating charges640/8 | - | - | - | €3,505 | €3,670 | €3,702 | €2,263 | €2,869 | ▲ 26.8% |
| Gross operating margin9900 | - | - | - | €444,762 | €415,180 | €489,032 | €756,103 | €633,559 | ▼ 16.2% |
| Operating profit (loss)9901 | €194,035 | €199,171 | €146,824 | €178,039 | €175,402 | €202,930 | €346,794 | €326,239 | ▼ 5.9% |
| Financial income75/76B | - | - | - | €8 | €3 | €3,975 | €20,386 | €9,622 | ▼ 52.8% |
| Recurring financial income75 | €1,140 | - | €5 | €8 | €3 | €3,975 | €16,667 | €9,622 | ▼ 42.3% |
| Non-recurring financial income76B | - | - | - | - | - | - | €3,719 | - | - |
| Financial charges65/66B | - | - | - | €3,237 | €2,173 | €3,928 | €5,622 | €6,132 | ▲ 9.1% |
| Recurring financial charges65 | €1,037 | €1,015 | €1,990 | €3,237 | €2,173 | €3,928 | €5,622 | €6,132 | ▲ 9.1% |
| Debt charges650 | €34 | €65 | €100 | - | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €194,139 | €198,156 | €144,839 | €174,810 | €173,232 | €202,977 | €361,558 | €329,729 | ▼ 8.8% |
| Income taxes67/77 | €61,659 | €60,262 | €36,152 | €43,811 | €48,027 | €50,077 | €91,840 | €92,802 | ▲ 1.0% |
| Profit (loss) for the period9904 | €132,480 | €137,893 | €108,687 | €130,999 | €125,205 | €152,900 | €269,718 | €236,927 | ▼ 12.2% |
| Profit (loss) for the period to be appropriated9905 | €132,480 | €137,893 | €108,687 | €130,999 | €125,205 | €152,900 | €269,718 | €236,927 | ▼ 12.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.7m | €0.8m | €1.0m | €0.6m | €0.8m | €1.1m | €1.4m | ▲ 23.7% |
| Fixed assets21/28 | €0.04m | €0.05m | €0.03m | €0.05m | €0.04m | €0.02m | €0.02m | €0.01m | ▼ 40.6% |
| Intangible fixed assets21 | €0.003m | €0.003m | €0.002m | €0.002m | €0.001m | €0.001m | €83 | - | - |
| Tangible fixed assets22/27 | €0.04m | €0.04m | €0.03m | €0.05m | €0.03m | €0.02m | €0.02m | €0.01m | ▼ 40.4% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | ▼ 40.7% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.01m | €0.004m | €0.002m | €0.001m | ▼ 43.4% |
| Other tangible fixed assets26 | - | - | - | €0.004m | €0.003m | €0.002m | €0.003m | €0.002m | ▼ 36.3% |
| Current assets29/58 | €0.5m | €0.7m | €0.8m | €0.9m | €0.6m | €0.8m | €1.1m | €1.4m | ▲ 25.2% |
| Stocks and contracts in progress3 | €0.01m | €0.01m | €0.006m | €0.01m | €0.009m | €0.009m | €0.01m | €0.01m | = |
| Stocks30/36 | - | - | - | €0.01m | €0.009m | €0.009m | €0.01m | €0.01m | = |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | ▼ 10.7% |
| Trade receivables40 | - | - | - | €0.2m | €0.3m | €0.2m | €0.3m | €0.3m | ▼ 10.7% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.01m | €0.02m | - | - | - |
| Current investments50/53 | - | - | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Cash at bank and in hand54/58 | €0.3m | €0.5m | €0.6m | €0.7m | €0.3m | €0.4m | €0.7m | €1.0m | ▲ 45.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.01m | €270 | €0.006m | ▲ 1,994% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.7m | €0.8m | €1.0m | €0.6m | €0.8m | €1.1m | €1.4m | ▲ 23.7% |
| Equity10/15 | €0.5m | €0.7m | €0.8m | €0.9m | €0.5m | €0.7m | €0.9m | €1.2m | ▲ 25.3% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.3m | €0.6m | €0.7m | €0.8m | €0.5m | €0.6m | €0.9m | €1.1m | ▲ 27.0% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | - | - | - | €0.8m | €0.4m | €0.6m | €0.9m | €1.1m | ▲ 27.2% |
| Profit (loss) carried forward14 | €0.1m | - | €0.1m | - | - | - | - | - | - |
| Amounts payable17/49 | €0.06m | €0.07m | €0.07m | €0.08m | €0.09m | €0.1m | €0.2m | €0.2m | ▲ 15.7% |
| Amounts payable within one year42/48 | €0.06m | €0.07m | €0.07m | €0.08m | €0.08m | €0.1m | €0.2m | €0.2m | ▲ 16.7% |
| Trade debts44 | €0.04m | €0.04m | €0.03m | €0.06m | €0.04m | €0.07m | €0.06m | €0.04m | ▼ 30.4% |
| Suppliers440/4 | - | - | - | €0.06m | €0.04m | €0.07m | €0.06m | €0.04m | ▼ 30.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.04m | €0.07m | €0.1m | €0.2m | ▲ 40.7% |
| Taxes450/3 | - | - | - | - | - | €0.02m | €0.03m | €0.1m | ▲ 279% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.04m | €0.05m | €0.09m | €0.06m | ▼ 35.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.004m | €0.01m | €0.002m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €132,480 | €137,893 | €108,687 | €130,999 | €125,205 | €152,900 | €269,718 | €236,927 | ▼ 12.2% |
| + Depreciation and write-downs630 | €30,265 | €19,794 | €17,675 | €14,706 | €20,062 | €16,242 | €13,595 | €10,098 | ▼ 25.7% |
| Operating cash flow (approximation) | €162,745 | €157,687 | €126,362 | €145,705 | €145,266 | €169,142 | €283,313 | €247,025 | ▼ 12.8% |
| Investment in fixed assets (approximation) | - | -€29,121 | -€2,114 | -€32,019 | -€6,857 | -€3,635 | -€15,012 | €0 | ▲ 100% |
| Change in cash | - | €111,916 | €153,458 | €52,590 | -€387,830 | €175,980 | €210,595 | €301,975 | ▲ 43.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €10,000 awarded · €10,000 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | €0 | €10,000 |
| 2023 | 1 | €10,000 | €0 |
Schemes