VRANCKX RUDI CONSTRUCT: 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 RUDI CONSTRUCT
Largest movements
- Tangible fixed assets +€11,336
up €11,336 (+79.3%), from €14,303 to €25,638
of which Furniture and vehicles: +€18,079
- Cash +€4,649
up €4,649 (+4.5%), from €102,598 to €107,248
mainly Depreciation (+€15,396) and Debts after one year (+€14,405)
- Receivables within one year -€3,443
down €3,443 (-40.4%), from €8,522 to €5,079
of which Trade receivables: -€3,114
- Debts after one year +€14,405
up €14,405 (+2,716%), from €530 to €14,935
- Reserves -€3,000
down €3,000 (-2.7%), from €110,894 to €107,894
- Tax, wage and social debts +€1,835
new in 2025: €1,835
- Gross operating margin -€8,079
down €8,079 (-35.9%), from €22,528 to €14,448
- Depreciation +€4,311
up €4,311 (+38.9%), from €11,085 to €15,396
- Taxes -€2,188
no longer reported in 2025 (was €2,188)
- Financial charges +€896
up €896 (+350%), from €256 to €1,153
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 | €127,447 | €140,012 | +€12,565 | +9.9% |
| Fixed assets | 21/28 | €14,303 | €25,638 | +€11,336 | +79.3% |
| Tangible fixed assets | 22/27 | €14,303 | €25,638 | +€11,336 | +79.3% |
| Plant, machinery and equipment | 23 | €8,317 | €1,574 | -€6,743 | -81.1% |
| Furniture and vehicles | 24 | €5,985 | €24,064 | +€18,079 | +302% |
| Current assets | 29/58 | €113,145 | €114,374 | +€1,229 | +1.1% |
| Amounts receivable within one year | 40/41 | €8,522 | €5,079 | -€3,443 | -40.4% |
| Trade receivables | 40 | €3,114 | - | -€3,114 | |
| Other amounts receivable | 41 | €5,408 | €5,079 | -€329 | -6.1% |
| Cash at bank and in hand | 54/58 | €102,598 | €107,248 | +€4,649 | +4.5% |
| Deferred charges and accrued income | 490/1 | €2,024 | €2,047 | +€23 | +1.2% |
| Total equity and liabilities | 10/49 | €127,447 | €140,012 | +€12,565 | +9.9% |
| Equity | 10/15 | €117,094 | €114,094 | -€3,000 | -2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €110,894 | €107,894 | -€3,000 | -2.7% |
| Distributable reserves | 133 | €110,894 | €107,894 | -€3,000 | -2.7% |
| Amounts payable | 17/49 | €10,353 | €25,918 | +€15,565 | +150% |
| Amounts payable after more than one year | 17 | €530 | €14,935 | +€14,405 | +2,716% |
| Financial debts | 170/4 | €530 | €14,935 | +€14,405 | +2,716% |
| Amounts payable within one year | 42/48 | €9,823 | €10,983 | +€1,160 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €8,208 | €7,002 | -€1,206 | -14.7% |
| Trade debts | 44 | €1,509 | €1,990 | +€481 | +31.9% |
| Suppliers | 440/4 | €1,509 | €1,990 | +€481 | +31.9% |
| Taxes, remuneration and social security | 45 | - | €1,835 | +€1,835 | |
| Remuneration and social security | 454/9 | - | €1,835 | +€1,835 | |
| Other amounts payable | 47/48 | €106 | €155 | +€50 | +47.3% |
| Remuneration, social security and pensions | 62 | - | €60 | +€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,085 | €15,396 | +€4,311 | +38.9% |
| Other operating charges | 640/8 | €757 | €959 | +€202 | +26.7% |
| Gross operating margin | 9900 | €22,528 | €14,448 | -€8,079 | -35.9% |
| Operating profit (loss) | 9901 | €10,685 | -€1,967 | -€12,652 | |
| Financial income | 75/76B | €184 | €119 | -€64 | -35.0% |
| Recurring financial income | 75 | €184 | €119 | -€64 | -35.0% |
| Financial charges | 65/66B | €256 | €1,153 | +€896 | +350% |
| Recurring financial charges | 65 | €256 | €1,153 | +€896 | +350% |
| Profit (loss) for the period before taxes | 9903 | €10,613 | -€3,000 | -€13,613 | |
| Income taxes | 67/77 | €2,188 | - | -€2,188 | |
| Profit (loss) for the period | 9904 | €8,424 | -€3,000 | -€11,424 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,424 | -€3,000 | -€11,424 |
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 20 October 2026 via checked.be.