VIKASSUR: 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.
VIKASSUR
Largest movements
- Tangible fixed assets -€30,696
down €30,696 (-3.9%), from €784,020 to €753,325
of which Land and buildings: -€39,205
- Receivables within one year -€9,484
down €9,484 (-98.6%), from €9,622 to €138
of which Other amounts receivable: -€9,258
- Debts after one year -€50,780
down €50,780 (-8.0%), from €631,805 to €581,025
- Trade debts -€45,989
down €45,989 (-72.2%), from €63,704 to €17,714
- Other debts +€22,000
up €22,000 (+28.2%), from €78,000 to €100,000
- Reserves +€20,778
up €20,778 (+151.1%), from €13,748 to €34,526
- Gross operating margin +€150,395
up €150,395 (+53.6%), from €280,545 to €430,941
- Taxes +€40,369
up €40,369, from €0 to €40,369
- Other operating charges -€34,955
down €34,955 (-89.9%), from €38,862 to €3,907
- Staff costs +€29,935
up €29,935 (+18.8%), from €159,124 to €189,059
- Depreciation +€17,573
up €17,573 (+55.8%), from €31,491 to €49,063
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 | €888,507 | €844,574 | -€43,932 | -4.9% |
| Fixed assets | 21/28 | €822,717 | €782,278 | -€40,438 | -4.9% |
| Intangible fixed assets | 21 | €33,596 | €28,954 | -€4,643 | -13.8% |
| Tangible fixed assets | 22/27 | €784,020 | €753,325 | -€30,696 | -3.9% |
| Land and buildings | 22 | €782,889 | €743,684 | -€39,205 | -5.0% |
| Plant, machinery and equipment | 23 | €1,132 | €381 | -€751 | -66.3% |
| Furniture and vehicles | 24 | - | €9,260 | +€9,260 | |
| Financial fixed assets | 28 | €5,100 | €0 | -€5,100 | -100.0% |
| Current assets | 29/58 | €65,790 | €62,296 | -€3,494 | -5.3% |
| Amounts receivable within one year | 40/41 | €9,622 | €138 | -€9,484 | -98.6% |
| Trade receivables | 40 | €364 | €138 | -€226 | -62.1% |
| Other amounts receivable | 41 | €9,258 | €0 | -€9,258 | -100.0% |
| Cash at bank and in hand | 54/58 | €52,266 | €57,020 | +€4,754 | +9.1% |
| Deferred charges and accrued income | 490/1 | €3,902 | €5,138 | +€1,236 | +31.7% |
| Total equity and liabilities | 10/49 | €888,507 | €844,574 | -€43,932 | -4.9% |
| Equity | 10/15 | €32,348 | €53,126 | +€20,778 | +64.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,748 | €34,526 | +€20,778 | +151.1% |
| Distributable reserves | 133 | €13,748 | €34,526 | +€20,778 | +151.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €856,159 | €791,449 | -€64,710 | -7.6% |
| Amounts payable after more than one year | 17 | €631,805 | €581,025 | -€50,780 | -8.0% |
| Financial debts | 170/4 | €631,805 | €581,025 | -€50,780 | -8.0% |
| Amounts payable within one year | 42/48 | €224,259 | €210,424 | -€13,835 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €45,786 | €50,780 | +€4,994 | +10.9% |
| Trade debts | 44 | €63,704 | €17,714 | -€45,989 | -72.2% |
| Suppliers | 440/4 | €63,704 | €17,714 | -€45,989 | -72.2% |
| Taxes, remuneration and social security | 45 | €36,770 | €41,930 | +€5,160 | +14.0% |
| Taxes | 450/3 | €4,013 | €10,040 | +€6,027 | +150.2% |
| Remuneration and social security | 454/9 | €32,757 | €31,889 | -€868 | -2.6% |
| Other amounts payable | 47/48 | €78,000 | €100,000 | +€22,000 | +28.2% |
| Accrued charges and deferred income | 492/3 | €95 | €0 | -€95 | -100.0% |
| Remuneration, social security and pensions | 62 | €159,124 | €189,059 | +€29,935 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,491 | €49,063 | +€17,573 | +55.8% |
| Other operating charges | 640/8 | €38,862 | €3,907 | -€34,955 | -89.9% |
| Non-recurring operating charges | 66A | €7,963 | €0 | -€7,963 | -100.0% |
| Gross operating margin | 9900 | €280,545 | €430,941 | +€150,395 | +53.6% |
| Operating profit (loss) | 9901 | €43,106 | €188,911 | +€145,806 | +338.3% |
| Financial income | 75/76B | €0 | €1,072 | +€1,072 | +3573000.0% |
| Recurring financial income | 75 | €0 | €1,072 | +€1,072 | +3573000.0% |
| Financial charges | 65/66B | €18,836 | €28,837 | +€10,001 | +53.1% |
| Recurring financial charges | 65 | €18,836 | €28,837 | +€10,001 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €24,270 | €161,147 | +€136,877 | +564.0% |
| Income taxes | 67/77 | €0 | €40,369 | +€40,369 | |
| Profit (loss) for the period | 9904 | €24,270 | €120,778 | +€96,508 | +397.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,270 | €120,778 | +€96,508 | +397.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.