VIK Projects: 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.
VIK Projects
Largest movements
- Tangible fixed assets -€288,593
down €288,593 (-81.3%), from €355,131 to €66,538
- Receivables within one year +€147,912
up €147,912 (+47.8%), from €309,251 to €457,163
of which Other amounts receivable: +€139,639
- Cash +€24,958
up €24,958 (+11,399%), from €219 to €25,177
mainly Investment in fixed assets (net) (+€288,593) and Current portion of long-term debt (+€53,000)
- Debts after one year -€165,000
down €165,000 (-100%), from €165,000 to €0
- Current portion of long-term debt +€53,000
new in 2025: €53,000
- Contributions -€10,000
down €10,000 (-2.0%), from €500,000 to €490,000
- Gross operating margin +€44,283
up €44,283, from -€3,151 to €41,132
- Other operating charges +€19,114
up €19,114 (+2,869%), from €666 to €19,780
- Financial charges +€8,636
up €8,636 (+124%), from €6,961 to €15,597
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 | €664,602 | €548,878 | -€115,724 | -17.4% |
| Fixed assets | 21/28 | €355,131 | €66,538 | -€288,593 | -81.3% |
| Tangible fixed assets | 22/27 | €355,131 | €66,538 | -€288,593 | -81.3% |
| Land and buildings | 22 | €355,131 | €66,538 | -€288,593 | -81.3% |
| Current assets | 29/58 | €309,470 | €482,340 | +€172,869 | +55.9% |
| Amounts receivable within one year | 40/41 | €309,251 | €457,163 | +€147,912 | +47.8% |
| Trade receivables | 40 | - | €8,273 | +€8,273 | |
| Other amounts receivable | 41 | €309,251 | €448,890 | +€139,639 | +45.2% |
| Cash at bank and in hand | 54/58 | €219 | €25,177 | +€24,958 | +11,399% |
| Total equity and liabilities | 10/49 | €664,602 | €548,878 | -€115,724 | -17.4% |
| Equity | 10/15 | €494,170 | €490,782 | -€3,388 | -0.7% |
| Contributions | 10/11 | €500,000 | €490,000 | -€10,000 | -2.0% |
| Reserves | 13 | - | €782 | +€782 | |
| Distributable reserves | 133 | - | €782 | +€782 | |
| Profit (loss) carried forward | 14 | -€5,830 | €0 | +€5,830 | |
| Amounts payable | 17/49 | €170,432 | €58,096 | -€112,336 | -65.9% |
| Amounts payable after more than one year | 17 | €165,000 | €0 | -€165,000 | -100% |
| Financial debts | 170/4 | €165,000 | €0 | -€165,000 | -100% |
| Amounts payable within one year | 42/48 | €5,432 | €58,096 | +€52,664 | +970% |
| Current portion of amounts payable after more than one year | 42 | - | €53,000 | +€53,000 | |
| Financial debts | 43 | €5,432 | €16 | -€5,416 | -99.7% |
| Credit institutions | 430/8 | €5,432 | €16 | -€5,416 | -99.7% |
| Trade debts | 44 | - | €5,080 | +€5,080 | |
| Suppliers | 440/4 | - | €5,080 | +€5,080 | |
| Other operating charges | 640/8 | €666 | €19,780 | +€19,114 | +2,869% |
| Gross operating margin | 9900 | -€3,151 | €41,132 | +€44,283 | |
| Operating profit (loss) | 9901 | -€3,818 | €21,352 | +€25,170 | |
| Financial income | 75/76B | €1,155 | €857 | -€298 | -25.8% |
| Recurring financial income | 75 | €1,155 | €857 | -€298 | -25.8% |
| Financial charges | 65/66B | €6,961 | €15,597 | +€8,636 | +124% |
| Recurring financial charges | 65 | €6,961 | €15,597 | +€8,636 | +124% |
| Profit (loss) for the period before taxes | 9903 | -€9,623 | €6,612 | +€16,235 | |
| Income taxes | 67/77 | €91 | €0 | -€91 | -100% |
| Profit (loss) for the period | 9904 | -€9,714 | €6,612 | +€16,326 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,714 | €6,612 | +€16,326 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.