Van Marcke Distribution: 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
Van Marcke Distribution
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€233,414
2024 · €430,652-€197,238
Equity
€2.4m
2024 · €2.2m+€233,414
Cash
€5,926
2024 · €708,068-€702,142
Balance sheet total
€4.8m
2024 · €6.0m-€1.2m
Largest movements
Assets
- Cash -€702,142
down €702,142 (-99.2%), from €708,068 to €5,926
mainly Other debts (-€1.2m) and Debts after one year (-€290,832)
- Tangible fixed assets -€427,033
down €427,033 (-56.5%), from €756,404 to €329,371
of which Leasing and similar rights: -€362,398
- Receivables within one year -€105,498
down €105,498 (-2.5%), from €4.3m to €4.2m
of which Trade receivables: -€641,136
Equity and liabilities
- Other debts -€1.2m
down €1.2m (-100.0%), from €1.2m to €68
- Debts after one year -€290,832
down €290,832 (-60.3%), from €482,652 to €191,820
- Reserves +€233,414
up €233,414 (+12.4%), from €1.9m to €2.1m
of which Distributable reserves: +€308,414
- Tax, wage and social debts +€184,214
up €184,214 (+32.9%), from €560,122 to €744,336
of which Taxes: +€128,778
- Current portion of long-term debt -€165,567
down €165,567 (-36.3%), from €456,399 to €290,832
Income statement
- Turnover -€922,992
down €922,992 (-7.2%), from €12.8m to €11.8m
- Goods and materials -€437,899
down €437,899 (-8.6%), from €5.1m to €4.7m
- Depreciation -€221,595
down €221,595 (-33.5%), from €661,218 to €439,623
- Services and other goods -€167,924
down €167,924 (-5.1%), from €3.3m to €3.1m
- Staff costs -€140,575
down €140,575 (-3.8%), from €3.7m to €3.5m
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
€430,652
Turnover
-€922,992
Other operating income
-€316
Goods and materials
+€437,899
Services and other goods
+€167,924
Staff costs
+€140,575
Depreciation
+€221,595
Other operating charges
+€4,482
Other operating items
-€137,922
Financial income
-€3,940
Financial charges
+€10,562
Other financial items
+€1
Taxes
-€115,106
Result 2025
€233,414
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
-€242,116
Investment
-€3,626
Financing
-€456,399
Cash 2024
€708,068
From operations (derived)
-€242,116
Net result for the year
+€233,414
Depreciation
+€439,623
Receivables within one year
+€105,498
Smaller working-capital items
+€3,159
Trade debts
-€7,720
Tax, wage and social debts
+€184,214
Other debts
-€1.2m
Investment (derived)
-€3,626
Investment in fixed assets (net)
-€3,626
Financing
-€456,399
Debts after one year
-€290,832
Current portion of long-term debt
-€165,567
Contributions, distributions and other
+€0
Not broken down
-€1
Cash 2025
€5,926
brings cash intakes cash outdifference the filed balance sheets leave
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,031,708 | €4,786,037 | -€1.2m | -20.7% |
| Formation expenses | 20 | €27,011 | €20,914 | -€6,097 | -22.6% |
| Fixed assets | 21/28 | €759,946 | €330,046 | -€429,900 | -56.6% |
| Intangible fixed assets | 21 | €2,867 | €0 | -€2,867 | -100% |
| Tangible fixed assets | 22/27 | €756,404 | €329,371 | -€427,033 | -56.5% |
| Plant, machinery and equipment | 23 | €26,726 | €7,821 | -€18,905 | -70.7% |
| Furniture and vehicles | 24 | €133,503 | €87,771 | -€45,732 | -34.3% |
| Leasing and similar rights | 25 | €596,176 | €233,778 | -€362,398 | -60.8% |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Other financial fixed assets | 284/8 | €675 | €675 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €5,244,751 | €4,435,076 | -€809,675 | -15.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,294,455 | €4,188,957 | -€105,498 | -2.5% |
| Trade receivables | 40 | €3,955,898 | €3,314,762 | -€641,136 | -16.2% |
| Other amounts receivable | 41 | €338,557 | €874,195 | +€535,638 | +158% |
| Cash at bank and in hand | 54/58 | €708,068 | €5,926 | -€702,142 | -99.2% |
| Deferred charges and accrued income | 490/1 | €242,229 | €240,193 | -€2,036 | -0.8% |
| Total equity and liabilities | 10/49 | €6,031,708 | €4,786,037 | -€1.2m | -20.7% |
| Equity | 10/15 | €2,186,609 | €2,420,023 | +€233,414 | +10.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €1,886,609 | €2,120,023 | +€233,414 | +12.4% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,320,396 | €1,245,396 | -€75,000 | -5.7% |
| Distributable reserves | 133 | €536,212 | €844,626 | +€308,414 | +57.5% |
| Amounts payable | 17/49 | €3,845,099 | €2,366,014 | -€1.5m | -38.5% |
| Amounts payable after more than one year | 17 | €482,652 | €191,820 | -€290,832 | -60.3% |
| Financial debts | 170/4 | €482,652 | €191,820 | -€290,832 | -60.3% |
| Leasing and similar obligations | 172 | €482,652 | €191,820 | -€290,832 | -60.3% |
| Amounts payable within one year | 42/48 | €3,361,699 | €2,172,323 | -€1.2m | -35.4% |
| Current portion of amounts payable after more than one year | 42 | €456,399 | €290,832 | -€165,567 | -36.3% |
| Trade debts | 44 | €1,144,807 | €1,137,087 | -€7,720 | -0.7% |
| Suppliers | 440/4 | €1,144,807 | €1,137,087 | -€7,720 | -0.7% |
| Taxes, remuneration and social security | 45 | €560,122 | €744,336 | +€184,214 | +32.9% |
| Taxes | 450/3 | €36,314 | €165,092 | +€128,778 | +355% |
| Remuneration and social security | 454/9 | €523,808 | €579,244 | +€55,436 | +10.6% |
| Other amounts payable | 47/48 | €1,200,372 | €68 | -€1.2m | -100.0% |
| Accrued charges and deferred income | 492/3 | €748 | €1,871 | +€1,123 | +150% |
| Operating income | 70/76A | €13,174,653 | €12,142,873 | -€1.0m | -7.8% |
| Turnover | 70 | €12,757,090 | €11,834,098 | -€922,992 | -7.2% |
| Other operating income | 74 | €236,283 | €235,967 | -€316 | -0.1% |
| Non-recurring operating income | 76A | €181,280 | €72,807 | -€108,473 | -59.8% |
| Operating charges | 60/66A | €12,691,566 | €11,748,541 | -€943,025 | -7.4% |
| Goods for resale, raw materials and consumables | 60 | €5,099,598 | €4,661,699 | -€437,899 | -8.6% |
| Purchases | 600/8 | €5,099,598 | €4,661,699 | -€437,899 | -8.6% |
| Services and other goods | 61 | €3,264,108 | €3,096,184 | -€167,924 | -5.1% |
| Remuneration, social security and pensions | 62 | €3,662,945 | €3,522,370 | -€140,575 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €661,218 | €439,623 | -€221,595 | -33.5% |
| Other operating charges | 640/8 | €32,619 | €28,137 | -€4,482 | -13.7% |
| Operating charges capitalised as restructuring costs | 649 | -€30,482 | €0 | +€30,482 | |
| Non-recurring operating charges | 66A | €1,560 | €527 | -€1,033 | -66.2% |
| Operating profit (loss) | 9901 | €483,087 | €394,332 | -€88,755 | -18.4% |
| Financial income | 75/76B | €12,080 | €8,140 | -€3,940 | -32.6% |
| Recurring financial income | 75 | €12,080 | €8,140 | -€3,940 | -32.6% |
| Income from current assets | 751 | €11,900 | €7,453 | -€4,447 | -37.4% |
| Other financial income | 752/9 | €180 | €687 | +€507 | +282% |
| Financial charges | 65/66B | €52,748 | €42,186 | -€10,562 | -20.0% |
| Recurring financial charges | 65 | €52,748 | €42,186 | -€10,562 | -20.0% |
| Debt charges | 650 | €42,872 | €33,122 | -€9,750 | -22.7% |
| Other financial charges | 652/9 | €9,876 | €9,064 | -€812 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €442,419 | €360,287 | -€82,132 | -18.6% |
| Income taxes | 67/77 | €11,767 | €126,873 | +€115,106 | +978% |
| Taxes | 670/3 | €11,812 | €127,263 | +€115,451 | +977% |
| Tax adjustments and reversals of tax provisions | 77 | €45 | €391 | +€346 | +776% |
| Profit (loss) for the period | 9904 | €430,652 | €233,414 | -€197,238 | -45.8% |
| Transfer from tax-exempt reserves | 789 | €85,365 | €75,000 | -€10,365 | -12.1% |
| Transfer to tax-exempt reserves | 689 | €75,000 | €0 | -€75,000 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €441,017 | €308,414 | -€132,603 | -30.1% |
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 28 October 2026 via checked.be.