VRANKEN VASTGOED: 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 VASTGOED
Largest movements
- Cash -€241,620
down €241,620 (-77.8%), from €310,649 to €69,029
mainly Contributions, distributions and other (-€281,344) and Net result for the year (-€6,850)
- Tangible fixed assets -€46,249
down €46,249 (-20.2%), from €228,857 to €182,607
- Contributions -€281,344
down €281,344 (-47.9%), from €587,820 to €306,476
- Reserves -€5,900
no longer reported in 2025 (was €5,900)
- Financial income -€2,979
down €2,979 (-97.2%), from €3,066 to €87
- Gross operating margin -€807
down €807 (-1.8%), from €45,558 to €44,752
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 | €542,386 | €254,399 | -€287,987 | -53.1% |
| Fixed assets | 21/28 | €228,857 | €182,607 | -€46,249 | -20.2% |
| Tangible fixed assets | 22/27 | €228,857 | €182,607 | -€46,249 | -20.2% |
| Land and buildings | 22 | €228,857 | €182,607 | -€46,249 | -20.2% |
| Current assets | 29/58 | €313,529 | €71,792 | -€241,738 | -77.1% |
| Amounts receivable within one year | 40/41 | €2,465 | €2,333 | -€132 | -5.4% |
| Trade receivables | 40 | €1,387 | €1,387 | = | 0.0% |
| Other amounts receivable | 41 | €1,078 | €946 | -€132 | -12.2% |
| Cash at bank and in hand | 54/58 | €310,649 | €69,029 | -€241,620 | -77.8% |
| Deferred charges and accrued income | 490/1 | €415 | €429 | +€14 | +3.4% |
| Total equity and liabilities | 10/49 | €542,386 | €254,399 | -€287,987 | -53.1% |
| Equity | 10/15 | €542,262 | €254,068 | -€288,194 | -53.1% |
| Contributions | 10/11 | €587,820 | €306,476 | -€281,344 | -47.9% |
| Reserves | 13 | €5,900 | - | -€5,900 | |
| Distributable reserves | 133 | €5,900 | - | -€5,900 | |
| Profit (loss) carried forward | 14 | -€51,458 | -€52,408 | -€950 | -1.8% |
| Amounts payable | 17/49 | €124 | €331 | +€207 | +166% |
| Amounts payable within one year | 42/48 | €124 | €331 | +€207 | +166% |
| Trade debts | 44 | €124 | €331 | +€207 | +166% |
| Suppliers | 440/4 | €124 | €331 | +€207 | +166% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,249 | €46,249 | = | 0.0% |
| Other operating charges | 640/8 | €5,055 | €5,208 | +€153 | +3.0% |
| Gross operating margin | 9900 | €45,558 | €44,752 | -€807 | -1.8% |
| Operating profit (loss) | 9901 | -€5,746 | -€6,706 | -€960 | -16.7% |
| Financial income | 75/76B | €3,066 | €87 | -€2,979 | -97.2% |
| Recurring financial income | 75 | €3,066 | €87 | -€2,979 | -97.2% |
| Financial charges | 65/66B | €198 | €231 | +€33 | +16.4% |
| Recurring financial charges | 65 | €198 | €231 | +€33 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,878 | -€6,850 | -€3,971 | -138% |
| Profit (loss) for the period | 9904 | -€2,878 | -€6,850 | -€3,971 | -138% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,878 | -€6,850 | -€3,971 | -138% |
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 28 October 2026 via checked.be.