VRANKEN: 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.
VRANKEN
Largest movements
- Cash +€7,892
up €7,892 (+37.6%), from €20,994 to €28,885
mainly Net result for the year (+€15,147) and Depreciation (+€4,098)
- Tangible fixed assets -€4,098
down €4,098 (-5.5%), from €74,607 to €70,509
of which Land and buildings: -€3,366
- Receivables within one year -€2,623
down €2,623 (-27.2%), from €9,626 to €7,003
- Reserves +€10,000
up €10,000 (+49.1%), from €20,364 to €30,364
of which Distributable reserves: +€10,000
- Debts after one year -€5,990
no longer reported in 2024 (was €5,990)
- Current portion of long-term debt -€5,949
down €5,949 (-47.9%), from €12,415 to €6,467
- Profit (loss) carried forward +€5,147
up €5,147 (+54.2%), from €9,499 to €14,646
- Other debts -€2,483
down €2,483 (-26.6%), from €9,327 to €6,844
- Gross operating margin +€28,946
up €28,946 (+127.8%), from €22,650 to €51,597
- Financial charges -€3,038
down €3,038 (-85.3%), from €3,560 to €522
- Taxes +€993
up €993 (+12333.9%), from €8 to €1,001
- Other operating charges +€559
up €559 (+20.8%), from €2,693 to €3,251
- Write-downs -€527
down €527 (-99.7%), from €528 to €2
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,136 | €126,950 | +€2,815 | +2.3% |
| Fixed assets | 21/28 | €80,607 | €76,509 | -€4,098 | -5.1% |
| Tangible fixed assets | 22/27 | €74,607 | €70,509 | -€4,098 | -5.5% |
| Land and buildings | 22 | €71,676 | €68,310 | -€3,366 | -4.7% |
| Plant, machinery and equipment | 23 | €2,931 | €2,199 | -€732 | -25.0% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €43,529 | €50,442 | +€6,913 | +15.9% |
| Stocks and contracts in progress | 3 | €11,476 | €12,722 | +€1,245 | +10.9% |
| Stocks | 30/36 | €11,476 | €12,722 | +€1,245 | +10.9% |
| Amounts receivable within one year | 40/41 | €9,626 | €7,003 | -€2,623 | -27.2% |
| Other amounts receivable | 41 | €9,626 | €7,003 | -€2,623 | -27.2% |
| Cash at bank and in hand | 54/58 | €20,994 | €28,885 | +€7,892 | +37.6% |
| Deferred charges and accrued income | 490/1 | €1,433 | €1,832 | +€399 | +27.8% |
| Total equity and liabilities | 10/49 | €124,136 | €126,950 | +€2,815 | +2.3% |
| Equity | 10/15 | €79,863 | €95,010 | +€15,147 | +19.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €20,364 | €30,364 | +€10,000 | +49.1% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,364 | €6,364 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | €19,000 | +€10,000 | +111.1% |
| Profit (loss) carried forward | 14 | €9,499 | €14,646 | +€5,147 | +54.2% |
| Amounts payable | 17/49 | €44,272 | €31,941 | -€12,332 | -27.9% |
| Amounts payable after more than one year | 17 | €5,990 | - | -€5,990 | |
| Financial debts | 170/4 | €5,990 | - | -€5,990 | |
| Amounts payable within one year | 42/48 | €38,282 | €31,941 | -€6,341 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €12,415 | €6,467 | -€5,949 | -47.9% |
| Trade debts | 44 | €7,254 | €8,948 | +€1,694 | +23.4% |
| Suppliers | 440/4 | €7,254 | €8,948 | +€1,694 | +23.4% |
| Taxes, remuneration and social security | 45 | €9,286 | €9,682 | +€397 | +4.3% |
| Taxes | 450/3 | €1,353 | €2,071 | +€718 | +53.1% |
| Remuneration and social security | 454/9 | €7,933 | €7,611 | -€321 | -4.1% |
| Other amounts payable | 47/48 | €9,327 | €6,844 | -€2,483 | -26.6% |
| Remuneration, social security and pensions | 62 | €28,188 | €27,958 | -€230 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,098 | €4,098 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €528 | €2 | -€527 | -99.7% |
| Other operating charges | 640/8 | €2,693 | €3,251 | +€559 | +20.8% |
| Gross operating margin | 9900 | €22,650 | €51,597 | +€28,946 | +127.8% |
| Operating profit (loss) | 9901 | -€12,857 | €16,287 | +€29,144 | |
| Financial income | 75/76B | €58 | €382 | +€324 | +562.8% |
| Recurring financial income | 75 | €58 | €382 | +€324 | +562.8% |
| Financial charges | 65/66B | €3,560 | €522 | -€3,038 | -85.3% |
| Recurring financial charges | 65 | €3,560 | €522 | -€3,038 | -85.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,359 | €16,147 | +€32,507 | |
| Income taxes | 67/77 | €8 | €1,001 | +€993 | +12333.9% |
| Profit (loss) for the period | 9904 | -€16,367 | €15,147 | +€31,514 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,367 | €15,147 | +€31,514 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.