VANMARCKE-SOFTWARE: what changed
Two fiscal 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.
VANMARCKE-SOFTWARE
Largest movements
- Cash -€41,501
down €41,501 (-48.7%), from €85,300 to €43,799
mainly Trade debts (-€37,047) and Accrued charges and deferred income (-€31,577)
- Tangible fixed assets -€17,778
down €17,778 (-34.1%), from €52,106 to €34,327
of which Furniture and vehicles: -€14,336
- Receivables within one year +€16,199
up €16,199 (+9.6%), from €169,458 to €185,657
of which Trade receivables: +€16,372
- Deferred charges and accrued income +€3,469
up €3,469 (+130.5%), from €2,658 to €6,127
- Other debts +€50,731
up €50,731 (+8818.8%), from €575 to €51,306
- Trade debts -€37,047
down €37,047 (-26.9%), from €137,583 to €100,536
- Accrued charges and deferred income -€31,577
down €31,577 (-98.6%), from €32,015 to €438
- Profit (loss) carried forward -€12,931
down €12,931, from €0 to -€12,931
- Debts after one year -€11,126
down €11,126 (-56.5%), from €19,687 to €8,561
- Gross operating margin +€111,326
up €111,326 (+30.1%), from €369,995 to €481,321
- Staff costs +€70,049
up €70,049 (+18.4%), from €380,660 to €450,709
- Financial charges +€14,790
up €14,790 (+417.6%), from €3,542 to €18,332
of which Non-recurring financial charges: +€14,128
- Financial income -€7,589
down €7,589 (-98.3%), from €7,721 to €132
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.
Cash bridge derived
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 | €309,522 | €269,911 | -€39,611 | -12.8% |
| Fixed assets | 21/28 | €52,106 | €34,327 | -€17,778 | -34.1% |
| Tangible fixed assets | 22/27 | €52,106 | €34,327 | -€17,778 | -34.1% |
| Plant, machinery and equipment | 23 | €7,517 | €5,496 | -€2,021 | -26.9% |
| Furniture and vehicles | 24 | €37,115 | €22,779 | -€14,336 | -38.6% |
| Other tangible fixed assets | 26 | €7,473 | €6,052 | -€1,421 | -19.0% |
| Current assets | 29/58 | €257,416 | €235,584 | -€21,833 | -8.5% |
| Amounts receivable within one year | 40/41 | €169,458 | €185,657 | +€16,199 | +9.6% |
| Trade receivables | 40 | €162,648 | €179,020 | +€16,372 | +10.1% |
| Other amounts receivable | 41 | €6,810 | €6,637 | -€173 | -2.5% |
| Cash at bank and in hand | 54/58 | €85,300 | €43,799 | -€41,501 | -48.7% |
| Deferred charges and accrued income | 490/1 | €2,658 | €6,127 | +€3,469 | +130.5% |
| Total equity and liabilities | 10/49 | €309,522 | €269,911 | -€39,611 | -12.8% |
| Equity | 10/15 | €20,010 | €7,079 | -€12,931 | -64.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,410 | €1,410 | = | 0.0% |
| Distributable reserves | 133 | €1,410 | €1,410 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€12,931 | -€12,931 | |
| Amounts payable | 17/49 | €289,512 | €262,832 | -€26,680 | -9.2% |
| Amounts payable after more than one year | 17 | €19,687 | €8,561 | -€11,126 | -56.5% |
| Financial debts | 170/4 | €19,687 | €8,561 | -€11,126 | -56.5% |
| Amounts payable within one year | 42/48 | €237,811 | €253,834 | +€16,023 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €14,339 | €11,126 | -€3,213 | -22.4% |
| Trade debts | 44 | €137,583 | €100,536 | -€37,047 | -26.9% |
| Suppliers | 440/4 | €137,583 | €100,536 | -€37,047 | -26.9% |
| Taxes, remuneration and social security | 45 | €85,314 | €90,866 | +€5,552 | +6.5% |
| Taxes | 450/3 | €21,523 | €12,006 | -€9,517 | -44.2% |
| Remuneration and social security | 454/9 | €63,790 | €78,859 | +€15,069 | +23.6% |
| Other amounts payable | 47/48 | €575 | €51,306 | +€50,731 | +8818.8% |
| Accrued charges and deferred income | 492/3 | €32,015 | €438 | -€31,577 | -98.6% |
| Remuneration, social security and pensions | 62 | €380,660 | €450,709 | +€70,049 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,654 | €21,250 | -€4,404 | -17.2% |
| Other operating charges | 640/8 | €3,770 | €3,230 | -€541 | -14.3% |
| Gross operating margin | 9900 | €369,995 | €481,321 | +€111,326 | +30.1% |
| Operating profit (loss) | 9901 | -€40,090 | €6,132 | +€46,222 | |
| Financial income | 75/76B | €7,721 | €132 | -€7,589 | -98.3% |
| Recurring financial income | 75 | €7,721 | €132 | -€7,589 | -98.3% |
| Financial charges | 65/66B | €3,542 | €18,332 | +€14,790 | +417.6% |
| Recurring financial charges | 65 | €3,542 | €4,204 | +€662 | +18.7% |
| Non-recurring financial charges | 66B | - | €14,128 | +€14,128 | |
| Profit (loss) for the period before taxes | 9903 | -€35,911 | -€12,068 | +€23,843 | +66.4% |
| Income taxes | 67/77 | €704 | €863 | +€159 | +22.5% |
| Profit (loss) for the period | 9904 | -€36,615 | -€12,931 | +€23,684 | +64.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,615 | -€12,931 | +€23,684 | +64.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.