VRANJE II: what changed
What changed
VRANJE II
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
-€34,092
2024 · €20,901-€54,993
Equity
-€48,353
2024 · -€14,261-€34,092
Cash
€57,341
2024 · €70,474-€13,133
Balance sheet total
€238,469
2024 · €285,820-€47,351
Largest movements
Assets
- Intangible fixed assets -€31,878
down €31,878 (-17.6%), from €180,729 to €148,851
- Cash -€13,133
down €13,133 (-18.6%), from €70,474 to €57,341
mainly Debts after one year (-€39,847) and Net result for the year (-€34,092)
- Receivables within one year +€4,358
up €4,358 (+46.5%), from €9,377 to €13,735
of which Trade receivables: +€4,358
- Tangible fixed assets -€3,698
down €3,698 (-19.7%), from €18,740 to €15,042
of which Land and buildings: -€3,866
- Stocks and contracts -€3,000
down €3,000 (-46.2%), from €6,500 to €3,500
Equity and liabilities
- Debts after one year -€39,847
down €39,847 (-79.9%), from €49,901 to €10,054
- Profit (loss) carried forward -€34,092
down €34,092 (-120%), from -€28,521 to -€62,613
- Trade debts +€15,751
up €15,751 (+43.6%), from €36,092 to €51,843
- Other debts +€7,451
up €7,451 (+5.1%), from €145,265 to €152,716
Income statement
- Gross operating margin -€60,053
down €60,053 (-25.1%), from €239,646 to €179,593
- Provisions +€3,445
up €3,445, from -€3,256 to €189
- Staff costs +€2,406
up €2,406 (+1.4%), from €170,205 to €172,611
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€20,901
Gross operating margin
-€60,053
Staff costs
-€2,406
Depreciation
+€529
Provisions
-€3,445
Other operating charges
-€321
Other operating items
+€10,195
Financial income
-€20
Financial charges
+€557
Taxes
-€29
Result 2025
-€34,092
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€27,252
Investment
-€1,090
Financing
-€39,295
Cash 2024
€70,474
From operations (derived)
+€27,252
Net result for the year
-€34,092
Depreciation
+€36,666
Stocks and contracts
+€3,000
Receivables within one year
-€4,358
Trade debts
+€15,751
Tax, wage and social debts
+€2,834
Other debts
+€7,451
Investment (derived)
-€1,090
Investment in fixed assets (net)
-€1,090
Financing
-€39,295
Debts after one year
-€39,847
Current portion of long-term debt
+€552
Cash 2025
€57,341
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,820 | €238,469 | -€47,351 | -16.6% |
| Fixed assets | 21/28 | €199,469 | €163,893 | -€35,576 | -17.8% |
| Intangible fixed assets | 21 | €180,729 | €148,851 | -€31,878 | -17.6% |
| Tangible fixed assets | 22/27 | €18,740 | €15,042 | -€3,698 | -19.7% |
| Land and buildings | 22 | €16,292 | €12,426 | -€3,866 | -23.7% |
| Plant, machinery and equipment | 23 | €1,537 | €2,616 | +€1,079 | +70.2% |
| Furniture and vehicles | 24 | €911 | - | -€911 | |
| Current assets | 29/58 | €86,351 | €74,576 | -€11,775 | -13.6% |
| Stocks and contracts in progress | 3 | €6,500 | €3,500 | -€3,000 | -46.2% |
| Stocks | 30/36 | €6,500 | €3,500 | -€3,000 | -46.2% |
| Amounts receivable within one year | 40/41 | €9,377 | €13,735 | +€4,358 | +46.5% |
| Trade receivables | 40 | €5,472 | €9,830 | +€4,358 | +79.6% |
| Other amounts receivable | 41 | €3,905 | €3,905 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €70,474 | €57,341 | -€13,133 | -18.6% |
| Total equity and liabilities | 10/49 | €285,820 | €238,469 | -€47,351 | -16.6% |
| Equity | 10/15 | -€14,261 | -€48,353 | -€34,092 | -239% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,521 | -€62,613 | -€34,092 | -120% |
| Amounts payable | 17/49 | €300,081 | €286,822 | -€13,259 | -4.4% |
| Amounts payable after more than one year | 17 | €49,901 | €10,054 | -€39,847 | -79.9% |
| Financial debts | 170/4 | €49,901 | €10,054 | -€39,847 | -79.9% |
| Amounts payable within one year | 42/48 | €250,180 | €276,768 | +€26,588 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €39,295 | €39,847 | +€552 | +1.4% |
| Trade debts | 44 | €36,092 | €51,843 | +€15,751 | +43.6% |
| Suppliers | 440/4 | €36,092 | €51,843 | +€15,751 | +43.6% |
| Taxes, remuneration and social security | 45 | €29,528 | €32,362 | +€2,834 | +9.6% |
| Taxes | 450/3 | €7,434 | €5,803 | -€1,631 | -21.9% |
| Remuneration and social security | 454/9 | €22,094 | €26,559 | +€4,465 | +20.2% |
| Other amounts payable | 47/48 | €145,265 | €152,716 | +€7,451 | +5.1% |
| Non-recurring operating income | 76A | €9,455 | €1,816 | -€7,639 | -80.8% |
| Remuneration, social security and pensions | 62 | €170,205 | €172,611 | +€2,406 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,195 | €36,666 | -€529 | -1.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,256 | €189 | +€3,445 | |
| Other operating charges | 640/8 | €605 | €926 | +€321 | +53.1% |
| Non-recurring operating charges | 66A | €10,195 | - | -€10,195 | |
| Gross operating margin | 9900 | €239,646 | €179,593 | -€60,053 | -25.1% |
| Operating profit (loss) | 9901 | €24,702 | -€30,799 | -€55,501 | |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €3,690 | €3,133 | -€557 | -15.1% |
| Recurring financial charges | 65 | €3,690 | €3,133 | -€557 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €21,032 | -€33,932 | -€54,964 | |
| Income taxes | 67/77 | €131 | €160 | +€29 | +22.1% |
| Profit (loss) for the period | 9904 | €20,901 | -€34,092 | -€54,993 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,901 | -€34,092 | -€54,993 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.