IMMO VRANKEN: 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.
IMMO VRANKEN
Largest movements
- Tangible fixed assets -€2,948
down €2,948 (-1.3%), from €234,945 to €231,997
of which Land and buildings: -€2,645
- Tax, wage and social debts +€84,112
up €84,112 (+4665.1%), from €1,803 to €85,915
of which Remuneration and social security: +€84,234
- Other debts -€80,312
no longer reported in 2025 (was €80,312)
- Debts after one year -€9,808
down €9,808 (-11.4%), from €85,699 to €75,891
of which Financial debts: -€9,807
- Financial charges -€891
down €891 (-11.4%), from €7,838 to €6,947
- Gross operating margin +€373
up €373 (+1.6%), from €23,904 to €24,277
- Depreciation +€266
up €266 (+2.7%), from €9,730 to €9,996
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 | €286,420 | €282,780 | -€3,640 | -1.3% |
| Fixed assets | 21/28 | €234,945 | €231,997 | -€2,948 | -1.3% |
| Tangible fixed assets | 22/27 | €234,945 | €231,997 | -€2,948 | -1.3% |
| Land and buildings | 22 | €234,504 | €231,859 | -€2,645 | -1.1% |
| Furniture and vehicles | 24 | €441 | €138 | -€303 | -68.7% |
| Current assets | 29/58 | €51,475 | €50,783 | -€692 | -1.3% |
| Amounts receivable within one year | 40/41 | €6,005 | €6,243 | +€238 | +4.0% |
| Other amounts receivable | 41 | €6,005 | €6,243 | +€238 | +4.0% |
| Cash at bank and in hand | 54/58 | €44,446 | €43,476 | -€970 | -2.2% |
| Deferred charges and accrued income | 490/1 | €1,024 | €1,064 | +€40 | +3.9% |
| Total equity and liabilities | 10/49 | €286,420 | €282,780 | -€3,640 | -1.3% |
| Equity | 10/15 | €101,227 | €103,948 | +€2,721 | +2.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €39,254 | €41,975 | +€2,721 | +6.9% |
| Non-distributable reserves | 130/1 | €898 | €898 | = | 0.0% |
| Legal reserve | 130 | €898 | €898 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,905 | €16,037 | -€868 | -5.1% |
| Distributable reserves | 133 | €21,451 | €25,040 | +€3,589 | +16.7% |
| Provisions and deferred taxes | 16 | €7,302 | €6,855 | -€447 | -6.1% |
| Deferred taxes | 168 | €7,302 | €6,855 | -€447 | -6.1% |
| Amounts payable | 17/49 | €177,891 | €171,977 | -€5,914 | -3.3% |
| Amounts payable after more than one year | 17 | €85,699 | €75,891 | -€9,808 | -11.4% |
| Financial debts | 170/4 | €19,268 | €9,461 | -€9,807 | -50.9% |
| Other amounts payable | 178/9 | €66,431 | €66,430 | -€1 | 0.0% |
| Amounts payable within one year | 42/48 | €92,192 | €96,086 | +€3,894 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €9,297 | €9,806 | +€509 | +5.5% |
| Trade debts | 44 | €780 | €365 | -€415 | -53.2% |
| Suppliers | 440/4 | €780 | €365 | -€415 | -53.2% |
| Taxes, remuneration and social security | 45 | €1,803 | €85,915 | +€84,112 | +4665.1% |
| Taxes | 450/3 | €1,803 | €1,681 | -€122 | -6.8% |
| Remuneration and social security | 454/9 | - | €84,234 | +€84,234 | |
| Other amounts payable | 47/48 | €80,312 | - | -€80,312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,730 | €9,996 | +€266 | +2.7% |
| Other operating charges | 640/8 | €3,514 | €3,620 | +€106 | +3.0% |
| Gross operating margin | 9900 | €23,904 | €24,277 | +€373 | +1.6% |
| Operating profit (loss) | 9901 | €10,660 | €10,661 | +€1 | 0.0% |
| Financial charges | 65/66B | €7,838 | €6,947 | -€891 | -11.4% |
| Recurring financial charges | 65 | €7,838 | €6,947 | -€891 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €2,822 | €3,714 | +€892 | +31.6% |
| Transfer from deferred taxes | 780 | €447 | €447 | = | 0.0% |
| Income taxes | 67/77 | €1,316 | €1,440 | +€124 | +9.4% |
| Profit (loss) for the period | 9904 | €1,953 | €2,721 | +€768 | +39.3% |
| Transfer from tax-exempt reserves | 789 | €868 | €868 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,821 | €3,589 | +€768 | +27.2% |
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 10 October 2026 via checked.be.