VRANKEN MOTORS: what changed
What changed
VRANKEN MOTORS
NACE 47.830, Retail sale of motorcycles and motorcycle parts and accessories
filed annual accounts (NBB)
Net result for the year
€313,294
2024 · €120,150+€193,144
Equity
€1.5m
2024 · €1.3m+€249,675
Cash
€80,809
2024 · €318,324-€237,515
Balance sheet total
€1.9m
2024 · €1.6m+€300,595
Largest movements
Assets
- Current investments +€279,968
up €279,968 (+37.0%), from €756,069 to €1.0m
- Cash -€237,515
down €237,515 (-74.6%), from €318,324 to €80,809
mainly Current investments (-€279,968) and Stocks and contracts (-€206,839)
- Stocks and contracts +€206,839
up €206,839 (+45.7%), from €452,329 to €659,168
- Tangible fixed assets +€40,875
up €40,875 (+81.5%), from €50,162 to €91,037
of which Furniture and vehicles: +€58,220
Equity and liabilities
- Reserves +€249,675
up €249,675 (+22.1%), from €1.1m to €1.4m
of which Distributable reserves: +€249,675
- Trade debts +€75,837
up €75,837 (+40.7%), from €186,439 to €262,276
Income statement
- Gross operating margin +€303,969
up €303,969 (+105%), from €288,779 to €592,748
- Taxes +€85,279
up €85,279 (+143%), from €59,642 to €144,921
- Depreciation +€16,054
up €16,054 (+311%), from €5,170 to €21,224
- Financial charges +€6,080
up €6,080 (+1,312%), from €464 to €6,544
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
€120,150
Gross operating margin
+€303,969
Staff costs
-€152
Depreciation
-€16,054
Financial income
-€3,259
Financial charges
-€6,080
Taxes
-€85,279
Result 2025
€313,294
raises the resultlowers the result
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
+€167,711
Investment
-€342,067
Financing
-€63,159
Cash 2024
€318,324
From operations (derived)
+€167,711
Net result for the year
+€313,294
Depreciation
+€21,224
Stocks and contracts
-€206,839
Receivables within one year
-€11,403
Deferred charges and accrued income
+€975
Trade debts
+€75,837
Tax, wage and social debts
-€18,632
Advances received
-€8,325
Other debts
+€1,580
Investment (derived)
-€342,067
Investment in fixed assets (net)
-€62,099
Current investments
-€279,968
Financing
-€63,159
Short-term financial debts
+€460
Contributions, distributions and other
-€63,619
Cash 2025
€80,809
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,590,073 | €1,890,668 | +€300,595 | +18.9% |
| Fixed assets | 21/28 | €50,162 | €91,037 | +€40,875 | +81.5% |
| Tangible fixed assets | 22/27 | €50,162 | €91,037 | +€40,875 | +81.5% |
| Land and buildings | 22 | €39,663 | €24,088 | -€15,575 | -39.3% |
| Plant, machinery and equipment | 23 | €4,694 | €2,925 | -€1,769 | -37.7% |
| Furniture and vehicles | 24 | €5,805 | €64,025 | +€58,220 | +1,003% |
| Current assets | 29/58 | €1,539,912 | €1,799,631 | +€259,719 | +16.9% |
| Stocks and contracts in progress | 3 | €452,329 | €659,168 | +€206,839 | +45.7% |
| Stocks | 30/36 | €452,329 | €659,168 | +€206,839 | +45.7% |
| Amounts receivable within one year | 40/41 | €12,215 | €23,618 | +€11,403 | +93.3% |
| Trade receivables | 40 | €11,416 | €22,750 | +€11,334 | +99.3% |
| Other amounts receivable | 41 | €800 | €868 | +€68 | +8.5% |
| Current investments | 50/53 | €756,069 | €1,036,037 | +€279,968 | +37.0% |
| Cash at bank and in hand | 54/58 | €318,324 | €80,809 | -€237,515 | -74.6% |
| Deferred charges and accrued income | 490/1 | €975 | - | -€975 | |
| Total equity and liabilities | 10/49 | €1,590,073 | €1,890,668 | +€300,595 | +18.9% |
| Equity | 10/15 | €1,255,445 | €1,505,120 | +€249,675 | +19.9% |
| Contributions | 10/11 | €125,830 | €125,830 | = | 0.0% |
| Reserves | 13 | €1,129,615 | €1,379,290 | +€249,675 | +22.1% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,110,865 | €1,360,540 | +€249,675 | +22.5% |
| Provisions and deferred taxes | 16 | €41,704 | €41,704 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €41,704 | €41,704 | = | 0.0% |
| Major repairs and maintenance | 162 | €41,704 | €41,704 | = | 0.0% |
| Amounts payable | 17/49 | €292,924 | €343,844 | +€50,920 | +17.4% |
| Amounts payable within one year | 42/48 | €292,924 | €343,844 | +€50,920 | +17.4% |
| Financial debts | 43 | - | €460 | +€460 | |
| Credit institutions | 430/8 | - | €460 | +€460 | |
| Trade debts | 44 | €186,439 | €262,276 | +€75,837 | +40.7% |
| Suppliers | 440/4 | €186,439 | €262,276 | +€75,837 | +40.7% |
| Advances received on contracts in progress | 46 | €8,325 | - | -€8,325 | |
| Taxes, remuneration and social security | 45 | €97,267 | €78,635 | -€18,632 | -19.2% |
| Taxes | 450/3 | €73,274 | €67,729 | -€5,545 | -7.6% |
| Remuneration and social security | 454/9 | €23,993 | €10,906 | -€13,087 | -54.5% |
| Other amounts payable | 47/48 | €893 | €2,473 | +€1,580 | +177% |
| Non-recurring operating income | 76A | - | €20,661 | +€20,661 | |
| Remuneration, social security and pensions | 62 | €124,041 | €124,192 | +€152 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,170 | €21,224 | +€16,054 | +311% |
| Gross operating margin | 9900 | €288,779 | €592,748 | +€303,969 | +105% |
| Operating profit (loss) | 9901 | €159,568 | €447,332 | +€287,763 | +180% |
| Financial income | 75/76B | €20,687 | €17,427 | -€3,259 | -15.8% |
| Recurring financial income | 75 | €20,687 | €17,427 | -€3,259 | -15.8% |
| Financial charges | 65/66B | €464 | €6,544 | +€6,080 | +1,312% |
| Recurring financial charges | 65 | €464 | €6,544 | +€6,080 | +1,312% |
| Profit (loss) for the period before taxes | 9903 | €179,792 | €458,215 | +€278,423 | +155% |
| Income taxes | 67/77 | €59,642 | €144,921 | +€85,279 | +143% |
| Profit (loss) for the period | 9904 | €120,150 | €313,294 | +€193,144 | +161% |
| Profit (loss) for the period to be appropriated | 9905 | €120,150 | €313,294 | +€193,144 | +161% |
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 7 November 2026 via checked.be.