MARKELBACH & CORNE: 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
MARKELBACH & CORNE
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · -€759,060+€2.3m
Equity
€10.2m
2024 · €9.7m+€526,121
Cash
€273,740
2024 · €296,018-€22,278
Balance sheet total
€13.6m
2024 · €12.8m+€778,165
Largest movements
Assets
- Stocks and contracts +€788,789
up €788,789 (+11.4%), from €6.9m to €7.7m
Equity and liabilities
- Other debts +€884,581
up €884,581 (+50.2%), from €1.8m to €2.6m
- Trade debts -€500,684
down €500,684 (-51.8%), from €967,468 to €466,783
- Reserves +€500,000
up €500,000 (+5.9%), from €8.4m to €8.9m
of which Distributable reserves: +€500,000
- Tax, wage and social debts -€218,445
down €218,445 (-57.0%), from €383,493 to €165,048
of which Taxes: -€121,613
Income statement
- Turnover -€1.9m
down €1.9m (-5.0%), from €37.8m to €35.9m
- Goods and materials -€1.4m
down €1.4m (-4.5%), from €31.8m to €30.4m
of which Purchases: -€1.1m
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
-€759,060
Turnover
-€1.9m
Other operating income
-€968
Goods and materials
+€1.4m
Services and other goods
-€119,610
Staff costs
-€38,243
Depreciation
+€17,887
Write-downs
+€15,395
Other operating charges
+€999
Other operating items
+€3.2m
Financial income
-€37,496
Financial charges
+€27,161
Taxes
-€316,180
Result 2025
€1.6m
raises the resultlowers the resultnot broken down further in the accounts
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
+€1.1m
Investment
-€103,268
Financing
-€1.0m
Cash 2024
€296,018
From operations (derived)
+€1.1m
Net result for the year
+€1.6m
Depreciation
+€176,073
Stocks and contracts
-€788,789
Receivables within one year
-€89,685
Deferred charges and accrued income
+€5,225
Trade debts
-€500,684
Tax, wage and social debts
-€218,445
Other debts
+€884,581
Accrued charges and deferred income
+€86,662
Investment (derived)
-€103,268
Investment in fixed assets (net)
-€103,268
Financing
-€1.0m
Debts after one year
-€69
Contributions, distributions and other
-€1.0m
Cash 2025
€273,740
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,793,896 | €13,572,061 | +€778,165 | +6.1% |
| Fixed assets | 21/28 | €773,946 | €701,140 | -€72,806 | -9.4% |
| Tangible fixed assets | 22/27 | €773,822 | €701,016 | -€72,806 | -9.4% |
| Land and buildings | 22 | €436,455 | €391,023 | -€45,432 | -10.4% |
| Plant, machinery and equipment | 23 | €92,032 | €159,210 | +€67,177 | +73.0% |
| Furniture and vehicles | 24 | €245,335 | €150,783 | -€94,551 | -38.5% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Other financial fixed assets | 284/8 | €124 | €124 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €12,019,950 | €12,870,921 | +€850,971 | +7.1% |
| Stocks and contracts in progress | 3 | €6,921,226 | €7,710,014 | +€788,789 | +11.4% |
| Stocks | 30/36 | €6,921,226 | €7,710,014 | +€788,789 | +11.4% |
| Raw materials and consumables | 30/31 | €37,545 | €43,624 | +€6,079 | +16.2% |
| Goods purchased for resale | 34 | €6,855,279 | €7,666,391 | +€811,112 | +11.8% |
| Advance payments | 36 | €28,402 | - | -€28,402 | |
| Amounts receivable within one year | 40/41 | €4,786,706 | €4,876,392 | +€89,685 | +1.9% |
| Trade receivables | 40 | €4,503,734 | €4,634,270 | +€130,535 | +2.9% |
| Other amounts receivable | 41 | €282,972 | €242,122 | -€40,850 | -14.4% |
| Cash at bank and in hand | 54/58 | €296,018 | €273,740 | -€22,278 | -7.5% |
| Deferred charges and accrued income | 490/1 | €16,000 | €10,775 | -€5,225 | -32.7% |
| Total equity and liabilities | 10/49 | €12,793,896 | €13,572,061 | +€778,165 | +6.1% |
| Equity | 10/15 | €9,681,256 | €10,207,377 | +€526,121 | +5.4% |
| Contributions | 10/11 | €1,239,468 | €1,239,468 | = | 0.0% |
| Capital | 10 | €1,239,468 | €1,239,468 | = | 0.0% |
| Issued capital | 100 | €1,239,468 | €1,239,468 | = | 0.0% |
| Reserves | 13 | €8,428,291 | €8,928,291 | +€500,000 | +5.9% |
| Non-distributable reserves | 130/1 | €123,947 | €123,947 | = | 0.0% |
| Legal reserve | 130 | €123,947 | €123,947 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,344 | €54,344 | = | 0.0% |
| Distributable reserves | 133 | €8,250,000 | €8,750,000 | +€500,000 | +6.1% |
| Profit (loss) carried forward | 14 | €13,498 | €39,619 | +€26,121 | +194% |
| Amounts payable | 17/49 | €3,112,640 | €3,364,684 | +€252,044 | +8.1% |
| Amounts payable after more than one year | 17 | €69 | - | -€69 | |
| Financial debts | 170/4 | €69 | - | -€69 | |
| Credit institutions | 173 | €69 | - | -€69 | |
| Amounts payable within one year | 42/48 | €3,112,571 | €3,278,022 | +€165,451 | +5.3% |
| Trade debts | 44 | €967,468 | €466,783 | -€500,684 | -51.8% |
| Suppliers | 440/4 | €967,468 | €466,783 | -€500,684 | -51.8% |
| Taxes, remuneration and social security | 45 | €383,493 | €165,048 | -€218,445 | -57.0% |
| Taxes | 450/3 | €138,685 | €17,072 | -€121,613 | -87.7% |
| Remuneration and social security | 454/9 | €244,808 | €147,976 | -€96,832 | -39.6% |
| Other amounts payable | 47/48 | €1,761,610 | €2,646,191 | +€884,581 | +50.2% |
| Accrued charges and deferred income | 492/3 | €0 | €86,662 | +€86,662 | |
| Operating income | 70/76A | €37,870,283 | €35,965,162 | -€1.9m | -5.0% |
| Turnover | 70 | €37,811,809 | €35,924,679 | -€1.9m | -5.0% |
| Other operating income | 74 | €35,573 | €34,605 | -€968 | -2.7% |
| Non-recurring operating income | 76A | €22,902 | €5,878 | -€17,024 | -74.3% |
| Operating charges | 60/66A | €38,638,017 | €34,077,949 | -€4.6m | -11.8% |
| Goods for resale, raw materials and consumables | 60 | €31,804,145 | €30,358,562 | -€1.4m | -4.5% |
| Purchases | 600/8 | €32,265,719 | €31,175,753 | -€1.1m | -3.4% |
| Change in stocks: decrease (increase) | 609 | -€461,574 | -€817,191 | -€355,617 | -77.0% |
| Services and other goods | 61 | €1,749,632 | €1,869,242 | +€119,610 | +6.8% |
| Remuneration, social security and pensions | 62 | €1,547,643 | €1,585,885 | +€38,243 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,961 | €176,073 | -€17,887 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,395 | - | -€15,395 | |
| Other operating charges | 640/8 | €77,078 | €76,080 | -€999 | -1.3% |
| Non-recurring operating charges | 66A | €3,250,162 | €12,106 | -€3.2m | -99.6% |
| Operating profit (loss) | 9901 | -€767,734 | €1,887,213 | +€2.7m | |
| Financial income | 75/76B | €50,460 | €12,963 | -€37,496 | -74.3% |
| Recurring financial income | 75 | €50,460 | €12,963 | -€37,496 | -74.3% |
| Other financial income | 752/9 | €50,460 | €12,963 | -€37,496 | -74.3% |
| Financial charges | 65/66B | €40,914 | €13,753 | -€27,161 | -66.4% |
| Recurring financial charges | 65 | €40,914 | €13,753 | -€27,161 | -66.4% |
| Debt charges | 650 | €40,161 | €13,666 | -€26,495 | -66.0% |
| Other financial charges | 652/9 | €753 | €87 | -€666 | -88.4% |
| Profit (loss) for the period before taxes | 9903 | -€758,188 | €1,886,423 | +€2.6m | |
| Income taxes | 67/77 | €871 | €317,052 | +€316,180 | +36,282% |
| Taxes | 670/3 | €871 | €317,052 | +€316,180 | +36,282% |
| Profit (loss) for the period | 9904 | -€759,060 | €1,569,371 | +€2.3m | |
| Profit (loss) for the period to be appropriated | 9905 | -€759,060 | €1,569,371 | +€2.3m |
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 30 October 2026 via checked.be.