VRANKEN-BAILLIEN: 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-BAILLIEN
Largest movements
- Stocks and contracts -€1,588
down €1,588 (-3.6%), from €44,695 to €43,107
- Tangible fixed assets -€1,481
down €1,481 (-8.5%), from €17,422 to €15,941
of which Plant, machinery and equipment: -€3,163
- Receivables within one year -€1,339
down €1,339 (-24.1%), from €5,550 to €4,211
- Cash +€1,053
up €1,053 (+6.4%), from €16,369 to €17,422
mainly Depreciation (+€4,327) and Trade debts (+€2,363)
- Trade debts +€2,363
up €2,363 (+27.5%), from €8,595 to €10,958
- Profit (loss) carried forward -€2,040
down €2,040 (-12.5%), from €16,321 to €14,281
- Debts after one year -€1,683
down €1,683 (-34.8%), from €4,837 to €3,154
- Other debts -€963
down €963 (-3.4%), from €27,958 to €26,995
- Gross operating margin -€7,127
down €7,127 (-19.0%), from €37,463 to €30,336
- Staff costs +€1,880
up €1,880 (+7.3%), from €25,677 to €27,557
- Depreciation +€690
up €690 (+19.0%), from €3,637 to €4,327
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 | €89,152 | €85,836 | -€3,316 | -3.7% |
| Fixed assets | 21/28 | €22,538 | €21,096 | -€1,442 | -6.4% |
| Tangible fixed assets | 22/27 | €17,422 | €15,941 | -€1,481 | -8.5% |
| Plant, machinery and equipment | 23 | €15,448 | €12,285 | -€3,163 | -20.5% |
| Furniture and vehicles | 24 | €1,974 | €3,656 | +€1,682 | +85.2% |
| Financial fixed assets | 28 | €5,116 | €5,155 | +€39 | +0.8% |
| Current assets | 29/58 | €66,614 | €64,740 | -€1,874 | -2.8% |
| Stocks and contracts in progress | 3 | €44,695 | €43,107 | -€1,588 | -3.6% |
| Stocks | 30/36 | €44,695 | €43,107 | -€1,588 | -3.6% |
| Amounts receivable within one year | 40/41 | €5,550 | €4,211 | -€1,339 | -24.1% |
| Other amounts receivable | 41 | €5,550 | €4,211 | -€1,339 | -24.1% |
| Cash at bank and in hand | 54/58 | €16,369 | €17,422 | +€1,053 | +6.4% |
| Total equity and liabilities | 10/49 | €89,152 | €85,836 | -€3,316 | -3.7% |
| Equity | 10/15 | €43,352 | €41,312 | -€2,040 | -4.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €12,031 | €12,031 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,285 | €2,285 | = | 0.0% |
| Distributable reserves | 133 | €9,746 | €9,746 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,321 | €14,281 | -€2,040 | -12.5% |
| Amounts payable | 17/49 | €45,800 | €44,524 | -€1,276 | -2.8% |
| Amounts payable after more than one year | 17 | €4,837 | €3,154 | -€1,683 | -34.8% |
| Financial debts | 170/4 | €4,837 | €3,154 | -€1,683 | -34.8% |
| Amounts payable within one year | 42/48 | €40,772 | €41,370 | +€598 | +1.5% |
| Trade debts | 44 | €8,595 | €10,958 | +€2,363 | +27.5% |
| Suppliers | 440/4 | €8,595 | €10,958 | +€2,363 | +27.5% |
| Taxes, remuneration and social security | 45 | €4,219 | €3,417 | -€802 | -19.0% |
| Taxes | 450/3 | €1,189 | €824 | -€365 | -30.7% |
| Remuneration and social security | 454/9 | €3,030 | €2,593 | -€437 | -14.4% |
| Other amounts payable | 47/48 | €27,958 | €26,995 | -€963 | -3.4% |
| Accrued charges and deferred income | 492/3 | €191 | - | -€191 | |
| Remuneration, social security and pensions | 62 | €25,677 | €27,557 | +€1,880 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,637 | €4,327 | +€690 | +19.0% |
| Other operating charges | 640/8 | - | €237 | +€237 | |
| Gross operating margin | 9900 | €37,463 | €30,336 | -€7,127 | -19.0% |
| Operating profit (loss) | 9901 | €8,149 | -€1,785 | -€9,934 | |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €230 | €232 | +€2 | +0.9% |
| Recurring financial charges | 65 | €230 | €232 | +€2 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €7,919 | -€1,988 | -€9,907 | |
| Income taxes | 67/77 | €32 | €52 | +€20 | +62.5% |
| Profit (loss) for the period | 9904 | €7,887 | -€2,040 | -€9,927 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,887 | -€2,040 | -€9,927 |
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 23 October 2026 via checked.be.