VRANKEN TIM: 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 TIM
Largest movements
- Tangible fixed assets +€32,351
up €32,351 (+3328.1%), from €972 to €33,324
- Stocks and contracts +€15,415
up €15,415 (+55.9%), from €27,581 to €42,996
- Receivables within one year +€13,662
up €13,662 (+89.9%), from €15,205 to €28,867
of which Other amounts receivable: +€9,001
- Deferred charges and accrued income +€1,992
up €1,992 (+687.4%), from €290 to €2,281
- Cash +€1,339
up €1,339 (+14.5%), from €9,208 to €10,548
mainly Trade debts (+€36,962) and Debts after one year (+€26,077)
- Trade debts +€36,962
up €36,962 (+1493.9%), from €2,474 to €39,436
- Debts after one year +€26,077
new in 2025: €26,077
- Current portion of long-term debt +€5,913
new in 2025: €5,913
- Accrued charges and deferred income -€4,710
no longer reported in 2025 (was €4,710)
- Other debts -€3,160
down €3,160 (-20.6%), from €15,330 to €12,170
- Gross operating margin +€16,678
up €16,678 (+46.9%), from €35,582 to €52,260
- Other operating charges +€7,297
up €7,297 (+573.8%), from €1,272 to €8,569
- Staff costs +€4,825
up €4,825 (+14.5%), from €33,259 to €38,084
- Taxes +€2,375
new in 2025: €2,375
- Financial income +€1,593
new in 2025: €1,593
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 | €53,256 | €118,015 | +€64,759 | +121.6% |
| Fixed assets | 21/28 | €972 | €33,324 | +€32,351 | +3328.1% |
| Tangible fixed assets | 22/27 | €972 | €33,324 | +€32,351 | +3328.1% |
| Plant, machinery and equipment | 23 | €972 | €33,324 | +€32,351 | +3328.1% |
| Current assets | 29/58 | €52,284 | €84,691 | +€32,407 | +62.0% |
| Stocks and contracts in progress | 3 | €27,581 | €42,996 | +€15,415 | +55.9% |
| Stocks | 30/36 | €27,581 | €42,996 | +€15,415 | +55.9% |
| Amounts receivable within one year | 40/41 | €15,205 | €28,867 | +€13,662 | +89.9% |
| Trade receivables | 40 | €9,850 | €14,510 | +€4,660 | +47.3% |
| Other amounts receivable | 41 | €5,355 | €14,356 | +€9,001 | +168.1% |
| Cash at bank and in hand | 54/58 | €9,208 | €10,548 | +€1,339 | +14.5% |
| Deferred charges and accrued income | 490/1 | €290 | €2,281 | +€1,992 | +687.4% |
| Total equity and liabilities | 10/49 | €53,256 | €118,015 | +€64,759 | +121.6% |
| Equity | 10/15 | €20,680 | €23,419 | +€2,740 | +13.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,680 | €18,419 | +€2,740 | +17.5% |
| Distributable reserves | 133 | €15,680 | €18,419 | +€2,740 | +17.5% |
| Amounts payable | 17/49 | €32,576 | €94,596 | +€62,019 | +190.4% |
| Amounts payable after more than one year | 17 | - | €26,077 | +€26,077 | |
| Financial debts | 170/4 | - | €26,077 | +€26,077 | |
| Amounts payable within one year | 42/48 | €27,867 | €68,519 | +€40,652 | +145.9% |
| Current portion of amounts payable after more than one year | 42 | - | €5,913 | +€5,913 | |
| Trade debts | 44 | €2,474 | €39,436 | +€36,962 | +1493.9% |
| Suppliers | 440/4 | €2,474 | €39,436 | +€36,962 | +1493.9% |
| Taxes, remuneration and social security | 45 | €10,063 | €10,999 | +€937 | +9.3% |
| Taxes | 450/3 | €5,213 | €1,794 | -€3,420 | -65.6% |
| Remuneration and social security | 454/9 | €4,849 | €9,206 | +€4,356 | +89.8% |
| Other amounts payable | 47/48 | €15,330 | €12,170 | -€3,160 | -20.6% |
| Accrued charges and deferred income | 492/3 | €4,710 | - | -€4,710 | |
| Non-recurring operating income | 76A | €12,203 | - | -€12,203 | |
| Remuneration, social security and pensions | 62 | €33,259 | €38,084 | +€4,825 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €812 | €1,329 | +€517 | +63.7% |
| Other operating charges | 640/8 | €1,272 | €8,569 | +€7,297 | +573.8% |
| Gross operating margin | 9900 | €35,582 | €52,260 | +€16,678 | +46.9% |
| Operating profit (loss) | 9901 | €239 | €4,279 | +€4,039 | +1688.2% |
| Financial income | 75/76B | - | €1,593 | +€1,593 | |
| Recurring financial income | 75 | - | €1,593 | +€1,593 | |
| Financial charges | 65/66B | €124 | €757 | +€633 | +512.0% |
| Recurring financial charges | 65 | €124 | €757 | +€633 | +512.0% |
| Profit (loss) for the period before taxes | 9903 | €116 | €5,115 | +€4,999 | +4324.2% |
| Income taxes | 67/77 | - | €2,375 | +€2,375 | |
| Profit (loss) for the period | 9904 | €116 | €2,740 | +€2,624 | +2269.8% |
| Profit (loss) for the period to be appropriated | 9905 | €116 | €2,740 | +€2,624 | +2269.8% |
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 12 October 2026 via checked.be.