VRANCKEN: 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.
VRANCKEN
Largest movements
- Cash -€10,087
down €10,087 (-97.3%), from €10,366 to €280
mainly Receivables within one year (-€8,508) and Net result for the year (-€1,939)
- Receivables within one year +€8,508
up €8,508 (+13.6%), from €62,722 to €71,229
of which Trade receivables: +€9,670
- Profit (loss) carried forward -€2,705
down €2,705 (-9.3%), from €29,079 to €26,374
- Trade debts +€1,071
up €1,071 (+1684.2%), from €64 to €1,135
- Gross operating margin +€42,621
up €42,621 (+95.8%), from -€44,500 to -€1,879
- Write-downs +€21,348
no longer reported in 2025 (was -€21,348)
- Financial income -€1,437
no longer reported in 2025 (was €1,437)
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 | €73,088 | €71,509 | -€1,579 | -2.2% |
| Current assets | 29/58 | €73,088 | €71,509 | -€1,579 | -2.2% |
| Amounts receivable within one year | 40/41 | €62,722 | €71,229 | +€8,508 | +13.6% |
| Trade receivables | 40 | €15,224 | €24,894 | +€9,670 | +63.5% |
| Other amounts receivable | 41 | €47,498 | €46,335 | -€1,163 | -2.4% |
| Cash at bank and in hand | 54/58 | €10,366 | €280 | -€10,087 | -97.3% |
| Total equity and liabilities | 10/49 | €73,088 | €71,509 | -€1,579 | -2.2% |
| Equity | 10/15 | €59,275 | €56,570 | -€2,705 | -4.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €11,604 | €11,604 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €9,745 | €9,745 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,079 | €26,374 | -€2,705 | -9.3% |
| Amounts payable | 17/49 | €13,814 | €14,939 | +€1,126 | +8.1% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,814 | €4,939 | +€1,126 | +29.5% |
| Trade debts | 44 | €64 | €1,135 | +€1,071 | +1684.2% |
| Suppliers | 440/4 | €64 | €1,135 | +€1,071 | +1684.2% |
| Taxes, remuneration and social security | 45 | - | €55 | +€55 | |
| Taxes | 450/3 | - | €55 | +€55 | |
| Other amounts payable | 47/48 | €3,750 | €3,750 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€21,348 | - | +€21,348 | |
| Gross operating margin | 9900 | -€44,500 | -€1,879 | +€42,621 | +95.8% |
| Operating profit (loss) | 9901 | -€23,151 | -€1,879 | +€21,272 | +91.9% |
| Financial income | 75/76B | €1,437 | - | -€1,437 | |
| Recurring financial income | 75 | €1,437 | - | -€1,437 | |
| Financial charges | 65/66B | €109 | €60 | -€49 | -44.8% |
| Recurring financial charges | 65 | €109 | €60 | -€49 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,822 | -€1,939 | +€19,884 | +91.1% |
| Profit (loss) for the period | 9904 | -€21,822 | -€1,939 | +€19,884 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,822 | -€1,939 | +€19,884 | +91.1% |
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 8 October 2026 via checked.be.