Viking Security: 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.
Viking Security
Largest movements
- Cash +€5,613
up €5,613 (+220.5%), from €2,545 to €8,159
mainly Short-term financial debts (+€26,986) and Trade debts (+€4,237)
- Tangible fixed assets +€1,078
up €1,078 (+219.3%), from €491 to €1,569
of which Land and buildings: +€1,254
- Short-term financial debts +€26,986
new in 2025: €26,986
- Other debts -€20,558
down €20,558 (-52.7%), from €39,022 to €18,464
- Tax, wage and social debts -€5,254
down €5,254 (-44.8%), from €11,718 to €6,464
- Trade debts +€4,237
up €4,237 (+77.4%), from €5,473 to €9,710
- Advances received +€4,000
new in 2025: €4,000
- Gross operating margin -€32,256
down €32,256, from €29,979 to -€2,277
- Taxes -€6,597
no longer reported in 2025 (was €6,597)
- Other operating charges -€624
down €624 (-83.9%), from €744 to €120
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 | €83,571 | €89,998 | +€6,426 | +7.7% |
| Fixed assets | 21/28 | €751 | €1,829 | +€1,078 | +143.5% |
| Tangible fixed assets | 22/27 | €491 | €1,569 | +€1,078 | +219.3% |
| Land and buildings | 22 | - | €1,254 | +€1,254 | |
| Plant, machinery and equipment | 23 | €491 | €315 | -€177 | -35.9% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €82,820 | €88,168 | +€5,348 | +6.5% |
| Amounts receivable within one year | 40/41 | €80,274 | €80,009 | -€265 | -0.3% |
| Trade receivables | 40 | €79,378 | €79,113 | -€265 | -0.3% |
| Other amounts receivable | 41 | €896 | €896 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,545 | €8,159 | +€5,613 | +220.5% |
| Total equity and liabilities | 10/49 | €83,571 | €89,998 | +€6,426 | +7.7% |
| Equity | 10/15 | €27,358 | €24,373 | -€2,985 | -10.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,358 | €19,373 | -€2,985 | -13.4% |
| Amounts payable | 17/49 | €56,213 | €65,624 | +€9,411 | +16.7% |
| Amounts payable within one year | 42/48 | €56,213 | €65,624 | +€9,411 | +16.7% |
| Financial debts | 43 | - | €26,986 | +€26,986 | |
| Credit institutions | 430/8 | - | €26,986 | +€26,986 | |
| Trade debts | 44 | €5,473 | €9,710 | +€4,237 | +77.4% |
| Suppliers | 440/4 | €5,473 | €9,710 | +€4,237 | +77.4% |
| Advances received on contracts in progress | 46 | - | €4,000 | +€4,000 | |
| Taxes, remuneration and social security | 45 | €11,718 | €6,464 | -€5,254 | -44.8% |
| Taxes | 450/3 | €11,718 | €6,464 | -€5,254 | -44.8% |
| Other amounts payable | 47/48 | €39,022 | €18,464 | -€20,558 | -52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38 | €238 | +€200 | +524.8% |
| Other operating charges | 640/8 | €744 | €120 | -€624 | -83.9% |
| Gross operating margin | 9900 | €29,979 | -€2,277 | -€32,256 | |
| Operating profit (loss) | 9901 | €29,197 | -€2,635 | -€31,832 | |
| Financial charges | 65/66B | €242 | €350 | +€108 | +44.7% |
| Recurring financial charges | 65 | €242 | €350 | +€108 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €28,955 | -€2,985 | -€31,940 | |
| Income taxes | 67/77 | €6,597 | - | -€6,597 | |
| Profit (loss) for the period | 9904 | €22,358 | -€2,985 | -€25,343 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,358 | -€2,985 | -€25,343 |
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 7 October 2026 via checked.be.