VRANKEN A: 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.
VRANKEN A
Largest movements
- Cash +€23,806
up €23,806 (+172.4%), from €13,811 to €37,617
mainly Net result for the year (+€44,714) and Investment in fixed assets (net) (+€9,123)
- Receivables within one year +€19,779
new in 2025: €19,779
- Tangible fixed assets -€9,123
down €9,123 (-100.0%), from €9,123 to €0
- Deferred charges and accrued income +€8,017
up €8,017 (+17732.8%), from €45 to €8,062
- Reserves +€31,136
new in 2025: €31,136
- Profit (loss) carried forward +€13,578
up €13,578 (+43.6%), from €31,136 to €44,714
- Tax, wage and social debts +€8,109
up €8,109 (+46.4%), from €17,493 to €25,602
- Other debts -€5,980
down €5,980 (-13.2%), from €45,466 to €39,486
- Debts after one year -€5,948
down €5,948 (-30.2%), from €19,715 to €13,767
- Gross operating margin +€13,879
up €13,879 (+28.4%), from €48,904 to €62,783
- Taxes +€3,895
up €3,895 (+32.1%), from €12,132 to €16,027
- Depreciation -€3,753
down €3,753 (-100.0%), from €3,753 to €0
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.
Cash bridge derived
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 | €122,980 | €165,458 | +€42,478 | +34.5% |
| Fixed assets | 21/28 | €109,123 | €100,000 | -€9,123 | -8.4% |
| Tangible fixed assets | 22/27 | €9,123 | €0 | -€9,123 | -100.0% |
| Furniture and vehicles | 24 | €9,123 | €0 | -€9,123 | -100.0% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €13,857 | €65,458 | +€51,602 | +372.4% |
| Amounts receivable within one year | 40/41 | - | €19,779 | +€19,779 | |
| Trade receivables | 40 | - | €19,779 | +€19,779 | |
| Cash at bank and in hand | 54/58 | €13,811 | €37,617 | +€23,806 | +172.4% |
| Deferred charges and accrued income | 490/1 | €45 | €8,062 | +€8,017 | +17732.8% |
| Total equity and liabilities | 10/49 | €122,980 | €165,458 | +€42,478 | +34.5% |
| Equity | 10/15 | €34,136 | €78,850 | +€44,714 | +131.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €31,136 | +€31,136 | |
| Distributable reserves | 133 | - | €31,136 | +€31,136 | |
| Profit (loss) carried forward | 14 | €31,136 | €44,714 | +€13,578 | +43.6% |
| Amounts payable | 17/49 | €88,844 | €86,608 | -€2,235 | -2.5% |
| Amounts payable after more than one year | 17 | €19,715 | €13,767 | -€5,948 | -30.2% |
| Financial debts | 170/4 | €19,715 | €13,767 | -€5,948 | -30.2% |
| Amounts payable within one year | 42/48 | €69,128 | €72,841 | +€3,713 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €5,707 | €5,948 | +€242 | +4.2% |
| Trade debts | 44 | €462 | €1,805 | +€1,343 | +290.7% |
| Suppliers | 440/4 | €462 | €1,805 | +€1,343 | +290.7% |
| Taxes, remuneration and social security | 45 | €17,493 | €25,602 | +€8,109 | +46.4% |
| Taxes | 450/3 | €17,493 | €25,602 | +€8,109 | +46.4% |
| Other amounts payable | 47/48 | €45,466 | €39,486 | -€5,980 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,753 | €0 | -€3,753 | -100.0% |
| Other operating charges | 640/8 | €505 | €911 | +€406 | +80.5% |
| Gross operating margin | 9900 | €48,904 | €62,783 | +€13,879 | +28.4% |
| Operating profit (loss) | 9901 | €44,647 | €61,872 | +€17,225 | +38.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,378 | €1,131 | -€248 | -18.0% |
| Recurring financial charges | 65 | €1,378 | €1,131 | -€248 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €43,269 | €60,741 | +€17,472 | +40.4% |
| Income taxes | 67/77 | €12,132 | €16,027 | +€3,895 | +32.1% |
| Profit (loss) for the period | 9904 | €31,136 | €44,714 | +€13,578 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,136 | €44,714 | +€13,578 | +43.6% |
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 11 October 2026 via checked.be.