VIKAS (0666.513.229): financials and annual accounts

VIKAS

Antwerp ·KBO/BCE: BE 0666.513.229

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
Balance sheet: assets
Total assets`20/58`	515,276	473,575	486,278	478,510	464,078	431,494	429,337	425,312	1.5m
Fixed assets`21/28`	409,625	409,625	410,188	410,838	411,488	409,656	409,843	410,030	1.5m
Tangible fixed assets`22/27`	-	-	563	1,213	1,863	31	218	405	-
Plant, machinery and equipment`23`	-	-	-	-	-	31	218	405	-
Furniture and vehicles`24`	-	-	563	1,213	1,863	-	-	-	-
Financial fixed assets`28`	409,625	409,625	409,625	409,625	409,625	409,625	409,625	409,625	1.5m
Current assets`29/58`	105,651	63,950	76,090	67,672	52,591	21,838	19,494	15,283	9,266
Amounts receivable within one year`40/41`	61,521	40,060	8,077	56,955	44,532	7,642	6,242	8,160	1,057
Trade receivables`40`	45,000	22,000	-	50,838	38,284	1,525	784	-	111
Other amounts receivable`41`	16,521	18,060	8,077	6,117	6,247	6,117	5,457	8,160	945
Cash at bank and in hand`54/58`	39,768	19,635	63,969	6,797	6,550	12,801	11,907	5,971	5,935
Deferred charges and accrued income`490/1`	4,363	4,255	4,043	3,920	1,509	1,395	1,346	1,151	2,274
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	515,276	473,575	486,278	478,510	464,078	431,494	429,337	425,312	1.5m
Equity`10/15`	253,267	401,039	316,243	254,815	333,457	266,484	236,423	182,540	115,585
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600
Reserves`13`	234,667	382,439	297,643	236,215	1,860	1,860	1,860	1,860	9,698
Non-distributable reserves`130/1`	-	-	-	1,860	1,860	1,860	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	9,698
Reserves not available under the articles`1311`	-	-	-	1,860	1,860	1,860	-	-	-
Distributable reserves`133`	234,667	382,439	297,643	234,355	-	-	-	-	-
Profit (loss) carried forward`14`	-	-	-	-	312,997	246,024	215,963	162,080	87,286
Amounts payable`17/49`	262,009	72,535	170,034	223,695	130,621	165,009	192,914	242,772	1.4m
Amounts payable after more than one year`17`	-	-	-	-	45,426	89,968	133,644	176,460	1.3m
Financial debts`170/4`	-	-	-	-	45,426	89,968	133,644	176,460	1.3m
Amounts payable within one year`42/48`	262,009	72,105	170,034	223,695	85,195	75,041	59,271	66,313	47,374
Current portion of amounts payable after more than one year`42`	-	-	-	45,426	44,542	43,675	42,816	41,992	41,175
Trade debts`44`	1,501	1,950	1,238	3,527	547	4,115	3,002	3,117	2,864
Suppliers`440/4`	1,501	1,950	1,238	3,527	547	4,115	3,002	3,117	2,864
Taxes, remuneration and social security`45`	10,507	10,155	18,797	10,242	28,606	23,251	9,452	16,609	2,742
Taxes`450/3`	10,507	10,155	18,797	10,242	28,606	23,251	9,452	16,609	2,742
Other amounts payable`47/48`	250,000	60,000	150,000	164,500	11,500	4,000	4,000	4,594	594
Accrued charges and deferred income`492/3`	-	430	-	-	-	-	-	-	33,480
Income statement
Gross operating margin`9900`	94,197	42,830	97,126	99,911	83,219	46,092	45,455	41,548	42,213
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	563	650	650	118	187	187	156	955
Other operating charges`640/8`	1,397	1,757	1,586	1,304	1,195	1,424	2,040	1,772	652
Non-recurring operating charges`66A`	-	-	-	-	3,038	-	-	-	-
Operating profit (loss)`9901`	92,799	40,511	94,890	97,956	78,868	44,480	43,228	39,620	40,606
Financial income`75/76B`	30,000	115,000	138,500	30,000	18,500	-	25,000	75,001	100,000
Recurring financial income`75`	30,000	115,000	138,500	30,000	18,500	-	25,000	75,001	100,000
Financial charges`65/66B`	621	732	1,460	3,204	2,632	3,772	4,893	22,762	40,879
Recurring financial charges`65`	621	732	1,460	3,204	2,632	3,772	4,893	22,762	40,879
Profit (loss) for the period before taxes`9903`	122,179	154,779	231,930	124,752	94,736	40,708	63,335	91,859	99,727
Income taxes`67/77`	19,950	9,983	20,502	21,395	17,763	10,646	9,452	4,903	2,742
Profit (loss) for the period`9904`	102,228	144,796	211,428	103,358	76,973	30,062	53,883	86,955	96,985
Profit (loss) for the period to be appropriated`9905`	102,228	144,796	211,428	103,358	76,973	30,062	53,883	86,955	96,985
Appropriation of the result
Profit (loss) to be appropriated`9906`	102,228	144,796	211,428	416,355	322,997	246,024	215,963	174,242	96,985
Profit (loss) brought forward from the previous period`14P`	-	-	-	312,997	246,024	-	-	-	-
Transfer from equity`791/2`	147,772	-	-	78,642	-	-	-	7,838	-
Transfer to equity`691/2`	-	84,796	61,428	312,997	-	-	-	-	9,698
To the legal reserve`6920`	-	-	-	-	-	-	-	-	9,698
To other reserves`6921`	-	84,796	61,428	312,997	-	-	-	-	-
Profit to be distributed`694/7`	250,000	60,000	150,000	182,000	10,000	-	-	20,000	-
Return on contributions (dividend)`694`	250,000	60,000	150,000	182,000	10,000	-	-	20,000	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	20-03-2026	2026-00061790	PDF
31-12-2024	abbreviated format	02-07-2025	2025-00234489	PDF
31-12-2023	abbreviated format	30-07-2024	2024-00302156	PDF
31-12-2022	abbreviated format	30-08-2023	2023-00379892	PDF
31-12-2021	abbreviated format	29-06-2022	2022-20114700	PDF
31-12-2020	abbreviated format	08-07-2021	2021-33200084	PDF
31-12-2019	abbreviated format	09-07-2020	2020-28500263	PDF
31-12-2018	abbreviated format	21-06-2019	2019-21400191	PDF
31-12-2017	abbreviated format	22-06-2018	2018-22000125	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
EBITDA	-	41,074	95,540	98,606	78,986	44,667	43,415	39,776	41,561
Cash flow	-	145,359	212,078	104,008	77,091	30,249	54,070	87,111	97,940
Investment in fixed assets (approximation)	-	0	0	0	1,950	0	0	561	1.5m
Change in cash	20,132	-44,334	57,172	247	-6,251	894	5,935	36	-
Working capital	-156,358	-8,156	-93,945	-156,023	-32,604	-53,203	-39,777	-51,030	-38,108
Solvency	49.2%	84.7%	65.0%	53.3%	71.9%	61.8%	55.1%	42.9%	7.5%
Current ratio	0.40	0.89	0.45	0.30	0.62	0.29	0.33	0.23	0.20
Debt to equity	1.03	0.18	0.54	0.88	0.39	0.62	0.82	1.33	12.28
ROE	40.4%	36.1%	66.9%	40.6%	23.1%	11.3%	22.8%	47.6%	83.9%
ROA	19.8%	30.6%	43.5%	21.6%	16.6%	7.0%	12.6%	20.4%	6.3%
Interest coverage	-	56.14	65.45	30.78	30.01	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	-	-	€1,950
Depreciation and write-downs of the year	-	€563	€650	€650	€118

VIKAS

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency49.2%

Current ratio0.40

Return on assets19.8%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on VIKAS

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