VRANCKEN JENS: 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.
VRANCKEN JENS
Largest movements
- Receivables within one year +€26,605
up €26,605 (+568%), from €4,685 to €31,291
of which Other amounts receivable: +€13,378
- Cash +€22,185
up €22,185 (+21.6%), from €102,557 to €124,742
mainly Net result for the year (+€54,866) and Tax, wage and social debts (+€9,278)
- Tangible fixed assets +€11,226
up €11,226 (+40.7%), from €27,598 to €38,823
of which Plant, machinery and equipment: +€7,380
- Reserves +€54,866
up €54,866 (+46.8%), from €117,283 to €172,149
- Tax, wage and social debts +€9,278
up €9,278 (+152%), from €6,103 to €15,381
of which Taxes: +€9,278
- Trade debts -€3,982
down €3,982 (-37.2%), from €10,708 to €6,726
- Gross operating margin +€27,390
up €27,390 (+58.0%), from €47,184 to €74,574
- Taxes +€5,457
up €5,457 (+59.4%), from €9,188 to €14,645
- Depreciation +€2,215
up €2,215 (+157%), from €1,409 to €3,624
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 | €137,481 | €197,256 | +€59,776 | +43.5% |
| Fixed assets | 21/28 | €27,598 | €38,823 | +€11,226 | +40.7% |
| Tangible fixed assets | 22/27 | €27,598 | €38,823 | +€11,226 | +40.7% |
| Plant, machinery and equipment | 23 | €3,555 | €10,935 | +€7,380 | +208% |
| Furniture and vehicles | 24 | €2,157 | €4,608 | +€2,451 | +114% |
| Assets under construction and advance payments | 27 | €21,886 | €23,281 | +€1,395 | +6.4% |
| Current assets | 29/58 | €109,883 | €158,433 | +€48,550 | +44.2% |
| Amounts receivable within one year | 40/41 | €4,685 | €31,291 | +€26,605 | +568% |
| Trade receivables | 40 | €2,795 | €16,022 | +€13,227 | +473% |
| Other amounts receivable | 41 | €1,890 | €15,268 | +€13,378 | +708% |
| Cash at bank and in hand | 54/58 | €102,557 | €124,742 | +€22,185 | +21.6% |
| Deferred charges and accrued income | 490/1 | €2,640 | €2,400 | -€240 | -9.1% |
| Total equity and liabilities | 10/49 | €137,481 | €197,256 | +€59,776 | +43.5% |
| Equity | 10/15 | €120,283 | €175,149 | +€54,866 | +45.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €117,283 | €172,149 | +€54,866 | +46.8% |
| Distributable reserves | 133 | €117,283 | €172,149 | +€54,866 | +46.8% |
| Amounts payable | 17/49 | €17,198 | €22,107 | +€4,909 | +28.5% |
| Amounts payable within one year | 42/48 | €17,198 | €22,107 | +€4,909 | +28.5% |
| Trade debts | 44 | €10,708 | €6,726 | -€3,982 | -37.2% |
| Suppliers | 440/4 | €10,708 | €6,726 | -€3,982 | -37.2% |
| Taxes, remuneration and social security | 45 | €6,103 | €15,381 | +€9,278 | +152% |
| Taxes | 450/3 | €6,103 | €15,381 | +€9,278 | +152% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €387 | €0 | -€387 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,409 | €3,624 | +€2,215 | +157% |
| Other operating charges | 640/8 | €835 | €514 | -€321 | -38.4% |
| Gross operating margin | 9900 | €47,184 | €74,574 | +€27,390 | +58.0% |
| Operating profit (loss) | 9901 | €44,940 | €70,435 | +€25,496 | +56.7% |
| Financial income | 75/76B | €0 | €224 | +€224 | +58,897% |
| Recurring financial income | 75 | €0 | €224 | +€224 | +58,897% |
| Financial charges | 65/66B | €1,216 | €1,148 | -€68 | -5.6% |
| Recurring financial charges | 65 | €1,216 | €1,148 | -€68 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €43,724 | €69,512 | +€25,787 | +59.0% |
| Income taxes | 67/77 | €9,188 | €14,645 | +€5,457 | +59.4% |
| Profit (loss) for the period | 9904 | €34,536 | €54,866 | +€20,330 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,536 | €54,866 | +€20,330 | +58.9% |
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 27 October 2026 via checked.be.