MAXENCE VRANKEN SRL: 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.
MAXENCE VRANKEN SRL
Largest movements
- Tangible fixed assets -€23,250
down €23,250 (-41.5%), from €56,016 to €32,766
of which Furniture and vehicles: -€22,553
- Intangible fixed assets -€15,000
down €15,000 (-18.5%), from €81,230 to €66,230
- Receivables within one year -€2,953
down €2,953 (-14.8%), from €19,972 to €17,019
of which Trade receivables: -€2,917
- Debts after one year -€35,573
down €35,573 (-59.2%), from €60,136 to €24,563
- Other debts -€9,432
down €9,432 (-13.7%), from €69,090 to €59,659
- Short-term financial debts +€2,695
up €2,695 (+8,172%), from €33 to €2,728
- Gross operating margin -€22,805
down €22,805 (-20.3%), from €112,081 to €89,276
- Taxes -€3,752
down €3,752 (-27.2%), from €13,787 to €10,035
- Financial charges -€3,244
down €3,244 (-61.1%), from €5,308 to €2,065
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,218 | €139,232 | -€43,986 | -24.0% |
| Fixed assets | 21/28 | €137,246 | €98,995 | -€38,250 | -27.9% |
| Intangible fixed assets | 21 | €81,230 | €66,230 | -€15,000 | -18.5% |
| Tangible fixed assets | 22/27 | €56,016 | €32,766 | -€23,250 | -41.5% |
| Plant, machinery and equipment | 23 | €1,904 | €1,206 | -€697 | -36.6% |
| Furniture and vehicles | 24 | €54,113 | €31,560 | -€22,553 | -41.7% |
| Current assets | 29/58 | €45,972 | €40,236 | -€5,735 | -12.5% |
| Amounts receivable within one year | 40/41 | €19,972 | €17,019 | -€2,953 | -14.8% |
| Trade receivables | 40 | €16,759 | €13,842 | -€2,917 | -17.4% |
| Other amounts receivable | 41 | €3,213 | €3,177 | -€35 | -1.1% |
| Cash at bank and in hand | 54/58 | €12,189 | €10,897 | -€1,292 | -10.6% |
| Deferred charges and accrued income | 490/1 | €13,811 | €12,320 | -€1,490 | -10.8% |
| Total equity and liabilities | 10/49 | €183,218 | €139,232 | -€43,986 | -24.0% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €181,218 | €137,232 | -€43,986 | -24.3% |
| Amounts payable after more than one year | 17 | €60,136 | €24,563 | -€35,573 | -59.2% |
| Financial debts | 170/4 | €60,136 | €24,563 | -€35,573 | -59.2% |
| Amounts payable within one year | 42/48 | €121,037 | €112,624 | -€8,413 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €40,426 | €38,953 | -€1,473 | -3.6% |
| Financial debts | 43 | €33 | €2,728 | +€2,695 | +8,172% |
| Credit institutions | 430/8 | €33 | €2,728 | +€2,695 | +8,172% |
| Trade debts | 44 | €2,132 | €2,335 | +€203 | +9.5% |
| Suppliers | 440/4 | €2,132 | €2,335 | +€203 | +9.5% |
| Taxes, remuneration and social security | 45 | €9,356 | €8,950 | -€406 | -4.3% |
| Taxes | 450/3 | €6,631 | €6,225 | -€406 | -6.1% |
| Remuneration and social security | 454/9 | €2,725 | €2,725 | = | 0.0% |
| Other amounts payable | 47/48 | €69,090 | €59,659 | -€9,432 | -13.7% |
| Accrued charges and deferred income | 492/3 | €44 | €45 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,021 | €41,936 | -€85 | -0.2% |
| Other operating charges | 640/8 | €1,870 | €1,592 | -€278 | -14.9% |
| Gross operating margin | 9900 | €112,081 | €89,276 | -€22,805 | -20.3% |
| Operating profit (loss) | 9901 | €68,190 | €45,748 | -€22,442 | -32.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,308 | €2,065 | -€3,244 | -61.1% |
| Recurring financial charges | 65 | €5,308 | €2,065 | -€3,244 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €62,881 | €43,683 | -€19,198 | -30.5% |
| Income taxes | 67/77 | €13,787 | €10,035 | -€3,752 | -27.2% |
| Profit (loss) for the period | 9904 | €49,094 | €33,648 | -€15,446 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,094 | €33,648 | -€15,446 | -31.5% |
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.