Victorious: 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.
Victorious
Largest movements
- Receivables within one year -€361
no longer reported in 2025 (was €361)
- Cash +€198
up €198 (+3.3%), from €5,962 to €6,160
mainly Other debts (+€925) and Receivables within one year (+€361)
- Profit (loss) carried forward -€1,140
down €1,140 (-31.7%), from -€3,601 to -€4,741
- Other debts +€925
up €925 (+31.1%), from €2,975 to €3,901
- Gross operating margin -€114
down €114 (-24.6%), from -€463 to -€577
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €6,374 | €6,160 | -€214 | -3.4% |
| Fixed assets | 21/28 | €51 | - | -€51 | |
| Financial fixed assets | 28 | €51 | - | -€51 | |
| Current assets | 29/58 | €6,323 | €6,160 | -€163 | -2.6% |
| Amounts receivable within one year | 40/41 | €361 | - | -€361 | |
| Other amounts receivable | 41 | €361 | - | -€361 | |
| Cash at bank and in hand | 54/58 | €5,962 | €6,160 | +€198 | +3.3% |
| Total equity and liabilities | 10/49 | €6,374 | €6,160 | -€214 | -3.4% |
| Equity | 10/15 | €3,399 | €2,259 | -€1,140 | -33.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,601 | -€4,741 | -€1,140 | -31.7% |
| Amounts payable | 17/49 | €2,975 | €3,901 | +€925 | +31.1% |
| Amounts payable within one year | 42/48 | €2,975 | €3,901 | +€925 | +31.1% |
| Other amounts payable | 47/48 | €2,975 | €3,901 | +€925 | +31.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€463 | -€577 | -€114 | -24.6% |
| Operating profit (loss) | 9901 | -€850 | -€976 | -€126 | -14.9% |
| Financial charges | 65/66B | €163 | €163 | = | 0.0% |
| Recurring financial charges | 65 | €163 | €163 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,013 | -€1,140 | -€126 | -12.5% |
| Profit (loss) for the period | 9904 | -€1,013 | -€1,140 | -€126 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,013 | -€1,140 | -€126 | -12.5% |
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.