VIK CONSTRUCT: what changed
Two fiscal 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.
VIK CONSTRUCT
Largest movements
- Tangible fixed assets +€53,045
up €53,045 (+81.3%), from €65,255 to €118,300
- Receivables within one year +€24,805
up €24,805 (+55.6%), from €44,614 to €69,419
of which Other amounts receivable: +€27,316
- Financial fixed assets +€9,000
new in 2024: €9,000
- Receivables after one year +€4,935
new in 2024: €4,935
- Debts after one year +€97,003
up €97,003 (+254.8%), from €38,067 to €135,070
- Tax, wage and social debts +€8,969
up €8,969 (+83.6%), from €10,726 to €19,695
of which Remuneration and social security: +€8,490
- Profit (loss) carried forward -€8,363
down €8,363 (-38.0%), from €22,015 to €13,652
- Current portion of long-term debt -€7,233
no longer reported in 2024 (was €7,233)
- Depreciation +€13,278
up €13,278 (+106.6%), from €12,452 to €25,729
- Gross operating margin -€6,677
down €6,677 (-22.4%), from €29,869 to €23,192
- Financial charges -€2,700
down €2,700 (-84.1%), from €3,211 to €511
- Other operating charges +€1,949
up €1,949 (+59.1%), from €3,299 to €5,248
- Staff costs -€654
down €654 (-90.8%), from €720 to €66
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,839 | €208,750 | +€92,910 | +80.2% |
| Fixed assets | 21/28 | €65,255 | €127,300 | +€62,045 | +95.1% |
| Tangible fixed assets | 22/27 | €65,255 | €118,300 | +€53,045 | +81.3% |
| Furniture and vehicles | 24 | €65,255 | €118,300 | +€53,045 | +81.3% |
| Financial fixed assets | 28 | - | €9,000 | +€9,000 | |
| Current assets | 29/58 | €50,585 | €81,450 | +€30,865 | +61.0% |
| Amounts receivable after more than one year | 29 | - | €4,935 | +€4,935 | |
| Other amounts receivable | 291 | - | €4,935 | +€4,935 | |
| Amounts receivable within one year | 40/41 | €44,614 | €69,419 | +€24,805 | +55.6% |
| Trade receivables | 40 | €2,511 | - | -€2,511 | |
| Other amounts receivable | 41 | €42,103 | €69,419 | +€27,316 | +64.9% |
| Cash at bank and in hand | 54/58 | €5,737 | €6,018 | +€281 | +4.9% |
| Deferred charges and accrued income | 490/1 | €234 | €1,078 | +€845 | +361.5% |
| Total equity and liabilities | 10/49 | €115,839 | €208,750 | +€92,910 | +80.2% |
| Equity | 10/15 | €27,015 | €18,652 | -€8,363 | -31.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,015 | €13,652 | -€8,363 | -38.0% |
| Amounts payable | 17/49 | €88,825 | €190,098 | +€101,273 | +114.0% |
| Amounts payable after more than one year | 17 | €38,067 | €135,070 | +€97,003 | +254.8% |
| Financial debts | 170/4 | €38,067 | €135,070 | +€97,003 | +254.8% |
| Amounts payable within one year | 42/48 | €50,758 | €55,028 | +€4,270 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €7,233 | - | -€7,233 | |
| Financial debts | 43 | - | €2,069 | +€2,069 | |
| Other loans | 439 | - | €2,069 | +€2,069 | |
| Trade debts | 44 | €32,799 | €33,265 | +€465 | +1.4% |
| Suppliers | 440/4 | €32,799 | €33,265 | +€465 | +1.4% |
| Taxes, remuneration and social security | 45 | €10,726 | €19,695 | +€8,969 | +83.6% |
| Taxes | 450/3 | €10,726 | €11,204 | +€478 | +4.5% |
| Remuneration and social security | 454/9 | - | €8,490 | +€8,490 | |
| Remuneration, social security and pensions | 62 | €720 | €66 | -€654 | -90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,452 | €25,729 | +€13,278 | +106.6% |
| Other operating charges | 640/8 | €3,299 | €5,248 | +€1,949 | +59.1% |
| Gross operating margin | 9900 | €29,869 | €23,192 | -€6,677 | -22.4% |
| Operating profit (loss) | 9901 | €13,398 | -€7,852 | -€21,250 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,211 | €511 | -€2,700 | -84.1% |
| Recurring financial charges | 65 | €3,211 | €511 | -€2,700 | -84.1% |
| Profit (loss) for the period before taxes | 9903 | €10,187 | -€8,363 | -€18,550 | |
| Profit (loss) for the period | 9904 | €10,187 | -€8,363 | -€18,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,187 | -€8,363 | -€18,550 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.