VRANCKX INDUSTRIES: 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.
VRANCKX INDUSTRIES
Largest movements
- Receivables within one year -€338,020
down €338,020 (-25.5%), from €1.3m to €988,640
of which Trade receivables: -€292,726
- Cash +€164,182
up €164,182 (+9.5%), from €1.7m to €1.9m
mainly Net result for the year (+€347,435) and Receivables within one year (+€338,020)
- Reserves +€347,435
up €347,435 (+15.9%), from €2.2m to €2.5m
of which Distributable reserves: +€349,335
- Trade debts -€329,939
down €329,939 (-62.6%), from €527,208 to €197,269
- Tax, wage and social debts -€117,312
down €117,312 (-50.3%), from €233,268 to €115,956
of which Taxes: -€116,864
- Accrued charges and deferred income -€109,475
down €109,475 (-100%), from €109,475 to €0
- Advances received +€34,475
new in 2025: €34,475
- Gross operating margin -€353,208
down €353,208 (-33.1%), from €1.1m to €714,120
- Taxes -€77,825
down €77,825 (-33.9%), from €229,690 to €151,865
- Staff costs -€47,126
down €47,126 (-18.3%), from €258,110 to €210,985
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 | €3,062,825 | €2,888,010 | -€174,815 | -5.7% |
| Fixed assets | 21/28 | €6,100 | €5,122 | -€978 | -16.0% |
| Tangible fixed assets | 22/27 | €2,100 | €1,122 | -€978 | -46.6% |
| Furniture and vehicles | 24 | €2,100 | €1,122 | -€978 | -46.6% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €3,056,725 | €2,882,887 | -€173,838 | -5.7% |
| Amounts receivable within one year | 40/41 | €1,326,660 | €988,640 | -€338,020 | -25.5% |
| Trade receivables | 40 | €743,080 | €450,355 | -€292,726 | -39.4% |
| Other amounts receivable | 41 | €583,580 | €538,285 | -€45,295 | -7.8% |
| Cash at bank and in hand | 54/58 | €1,730,065 | €1,894,247 | +€164,182 | +9.5% |
| Total equity and liabilities | 10/49 | €3,062,825 | €2,888,010 | -€174,815 | -5.7% |
| Equity | 10/15 | €2,192,874 | €2,540,309 | +€347,435 | +15.8% |
| Contributions | 10/11 | €6,605 | €6,605 | +€0 | 0.0% |
| Capital | 10 | €6,605 | - | -€6,605 | |
| Issued capital | 100 | €19,000 | - | -€19,000 | |
| Uncalled capital | 101 | €12,395 | - | -€12,395 | |
| Reserves | 13 | €2,186,269 | €2,533,704 | +€347,435 | +15.9% |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Legal reserve | 130 | €1,900 | - | -€1,900 | |
| Distributable reserves | 133 | €2,184,369 | €2,533,704 | +€349,335 | +16.0% |
| Amounts payable | 17/49 | €869,951 | €347,701 | -€522,250 | -60.0% |
| Amounts payable within one year | 42/48 | €760,476 | €347,701 | -€412,775 | -54.3% |
| Trade debts | 44 | €527,208 | €197,269 | -€329,939 | -62.6% |
| Suppliers | 440/4 | €527,208 | €197,269 | -€329,939 | -62.6% |
| Advances received on contracts in progress | 46 | - | €34,475 | +€34,475 | |
| Taxes, remuneration and social security | 45 | €233,268 | €115,956 | -€117,312 | -50.3% |
| Taxes | 450/3 | €211,129 | €94,265 | -€116,864 | -55.4% |
| Remuneration and social security | 454/9 | €22,139 | €21,691 | -€448 | -2.0% |
| Accrued charges and deferred income | 492/3 | €109,475 | €0 | -€109,475 | -100% |
| Remuneration, social security and pensions | 62 | €258,110 | €210,985 | -€47,126 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734 | €977 | +€243 | +33.2% |
| Other operating charges | 640/8 | €8,601 | €1,863 | -€6,738 | -78.3% |
| Gross operating margin | 9900 | €1,067,328 | €714,120 | -€353,208 | -33.1% |
| Operating profit (loss) | 9901 | €799,883 | €500,295 | -€299,588 | -37.5% |
| Financial income | 75/76B | €167 | €907 | +€740 | +443% |
| Recurring financial income | 75 | €167 | €907 | +€740 | +443% |
| Financial charges | 65/66B | €2,109 | €1,902 | -€207 | -9.8% |
| Recurring financial charges | 65 | €2,109 | €1,902 | -€207 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €797,941 | €499,300 | -€298,641 | -37.4% |
| Income taxes | 67/77 | €229,690 | €151,865 | -€77,825 | -33.9% |
| Profit (loss) for the period | 9904 | €568,251 | €347,435 | -€220,816 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €568,251 | €347,435 | -€220,816 | -38.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.