Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VAN MARCKE TRADING GROUP from Kortrijk, company number BE0437251254, closed financial year 2025 with a result of € -4.8 million after tax. For that financial year VAN MARCKE TRADING GROUP recorded revenue of € 16.6 million and equity of € 35 million. Compared with financial year 2024, the result moved from € -371,097 to € -4.8 million. 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 August 13, 2026.
€ 35 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.8 million
▼ 1192 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 27.7 million.
People and assets in 2025
66.8
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.8 million
▲ 11% vs 2024
€ 86,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 394,474
▼ 20% vs 2024
Of which on lease € 238,088.
Debts at end 2025
€ 41.4 million
▼ 33% vs 2024
€ 6.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 5.1 million
▲ 126% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 184 days on average.
€ 3.1 million
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,661,090 | € 17,801,057 | € 19,702,069 | € 16,636,996 | ▼ 16% |
| Profit after taxes | € 31,726,448 | € 1,966,469 | € -371,097 | € -4,794,403 | ▼ € 4.4 million |
| Equity | € 40,789,626 | € 40,178,024 | € 39,806,927 | € 35,012,524 | ▼ 12% |
| Total debts | € 72,849,508 | € 82,678,590 | € 91,899,281 | € 103,549,149 | ▲ 13% |
| Cash | € 222,555 | € 443,965 | € 1,202,879 | € 1,790,279 | ▲ 49% |
| Retained profit | € 30,939,041 | € 32,905,510 | € 32,534,413 | € 27,740,009 | ▼ 15% |
| Dividend | € 10,000,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 19,197,257 | € 17,062,859 | € 61,984,911 | € 41,444,632 | ▼ 33% |
| Balance sheet total | € 113,639,133 | € 122,856,613 | € 131,706,208 | € 138,561,672 | ▲ 5% |
| Employees (FTE) | 75.3 | 72.9 | 65.9 | 66.8 | ▲ 0.9 |
Key figures of VAN MARCKE TRADING GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VAN MARCKE TRADING GROUP?
What happened at VAN MARCKE TRADING GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- THINKHARD BV stepped down as director. NBB
- Frédéric POUX stepped down as director. NBB
- AVOCAT VAN LEYNSEELE BV stepped down as director. NBB
- CAVM BV stepped down as director. NBB
- Magdalena DE ROECK stepped down as director. NBB
- INCREMENTUM INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4.8 million. filed late Source: NBB ↗
- INCREMENTUM INVEST BV became a director. NBB
In short
From € 31.7 million profit in 2022 to € 4.8 million loss in 2025.
Paid € 252,742 in corporate taxes since 2022.
Best year ever: 2022, with € 31.7 million profit.
Paid out € 10 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by CARLENCO (100%). It owns 100% of Van Marcke, 100% of Van Marcke Installs & Service, 100% of Van Marcke Immo, 100% of Comptoir des fers et metaux, 100% of Helianthus and 100% of Van Marcke Excellent Distribution to Customers itself.
Directors
According to the 2025 annual accounts
Director · represented by Hubertus VERMEULEN
since 2022 · until 2027
Frédéric POUX
Director
since 2021 · until 2027
Director · represented by Patrick VAN LEYNSEELE
Also active at: INTERNATIONAL ROOFING CY, KNOHOPACK, TER DOENAERT, INTERNATIONAL SANITARY WARE - MANUFACTURING CY., Van Marcke Distribution, NORM, IMMOBILIERE HERMANT, IMMO VM +10 more
since 2020 · until 2027
Managing director · represented by Caroline VAN MARCKE
Also active at: INTERNATIONAL ROOFING CY, KNOHOPACK, TER DOENAERT, Heating Management Services, INTERNATIONAL SANITARY WARE - MANUFACTURING CY., Van Marcke Distribution, NORM, IMMOBILIERE HERMANT +18 more
since 2021 · until 2027
Magdalena DE ROECK
Director
Also active at: KNOHOPACK, IMMO VM, VM Weggevoerdenlaan ComCo, VAN MARCKE, VAN MARCKE FINANCE, VM RESCO
since 2010 · until 2027
Director · represented by Aldric d'OULTREMONT
Also active at: TER DOENAERT, INTERNATIONAL SANITARY WARE - MANUFACTURING CY., NORM, ELECWERKEN DE PETTER L., IMMOBILIERE HERMANT, IMMO VM, VM Weggevoerdenlaan ComCo, VAN MARCKE +11 more
since 2024 · until 2027
Shareholders
100%
Participations
100%
100%
Comptoir des fers et metaux
100%
100%
IBL I Limited
100%
VAN MARCKE SAS
43.9%
SAN VAM
16.7%
Establishments
Establishment units
Physical locations of this company
LAR Blok Z (Aal) 5
8511 Kortrijk
Rue de Herbesthal 161
4700 Eupen
Active since 1 January 2014
Kasteelstraat(KRU) 6 box B000
9770 Kruisem
Active since 1 January 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →TER DOENAERT same network
€ 261,029 revenue · 2025
Van Marcke Distribution same network
€ 12.8 million revenue · 2024
IMMOBILIERE HERMANT same network
€ 470,836 revenue · 2025
IMMO VM same network
€ 2.2 million revenue · 2025
VM Weggevoerdenlaan ComCo same network
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.251.254
- VAT number
- BE 0437.251.254
- Registered office
- LAR Blok Z (Aal) 5, 8511 Kortrijk
- Names & denominations
- VAN MARCKE TRADING GROUP · VMT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Managementactiviteiten van holdings
Activiteiten van hoofdkantoren
Markt- en opinieonderzoek
Marktonderzoekbureaus