Vikings: 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.
Vikings
Largest movements
- Tangible fixed assets -€27,610
down €27,610 (-10.0%), from €277,183 to €249,573
of which Other tangible fixed assets: -€14,046
- Debts after one year -€24,446
down €24,446 (-40.0%), from €61,078 to €36,632
- Trade debts -€4,188
down €4,188 (-73.3%), from €5,710 to €1,522
- Gross operating margin -€7,769
down €7,769 (-18.2%), from €42,667 to €34,899
- Depreciation -€3,083
down €3,083 (-9.5%), from €32,520 to €29,438
- Financial charges -€1,709
down €1,709 (-25.9%), from €6,606 to €4,897
- Other operating charges +€722
up €722 (+78.7%), from €918 to €1,639
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 | €337,721 | €308,780 | -€28,941 | -8.6% |
| Fixed assets | 21/28 | €277,183 | €249,573 | -€27,610 | -10.0% |
| Tangible fixed assets | 22/27 | €277,183 | €249,573 | -€27,610 | -10.0% |
| Plant, machinery and equipment | 23 | €88,219 | €78,182 | -€10,037 | -11.4% |
| Furniture and vehicles | 24 | €10,534 | €7,006 | -€3,527 | -33.5% |
| Other tangible fixed assets | 26 | €178,431 | €164,385 | -€14,046 | -7.9% |
| Current assets | 29/58 | €60,538 | €59,207 | -€1,331 | -2.2% |
| Stocks and contracts in progress | 3 | €5,201 | €4,369 | -€832 | -16.0% |
| Stocks | 30/36 | €5,201 | €4,369 | -€832 | -16.0% |
| Amounts receivable within one year | 40/41 | €1,298 | €1,470 | +€172 | +13.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,298 | €1,470 | +€172 | +13.3% |
| Cash at bank and in hand | 54/58 | €53,675 | €52,968 | -€707 | -1.3% |
| Deferred charges and accrued income | 490/1 | €364 | €400 | +€36 | +10.0% |
| Total equity and liabilities | 10/49 | €337,721 | €308,780 | -€28,941 | -8.6% |
| Equity | 10/15 | €10,981 | €9,730 | -€1,252 | -11.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,019 | -€50,270 | -€1,252 | -2.6% |
| Amounts payable | 17/49 | €326,740 | €299,050 | -€27,690 | -8.5% |
| Amounts payable after more than one year | 17 | €61,078 | €36,632 | -€24,446 | -40.0% |
| Financial debts | 170/4 | €61,078 | €36,632 | -€24,446 | -40.0% |
| Amounts payable within one year | 42/48 | €265,662 | €262,418 | -€3,244 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €23,528 | €24,446 | +€918 | +3.9% |
| Trade debts | 44 | €5,710 | €1,522 | -€4,188 | -73.3% |
| Suppliers | 440/4 | €5,710 | €1,522 | -€4,188 | -73.3% |
| Taxes, remuneration and social security | 45 | €440 | €432 | -€8 | -1.7% |
| Taxes | 450/3 | €440 | €432 | -€8 | -1.7% |
| Other amounts payable | 47/48 | €235,984 | €236,018 | +€34 | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,520 | €29,438 | -€3,083 | -9.5% |
| Other operating charges | 640/8 | €918 | €1,639 | +€722 | +78.7% |
| Gross operating margin | 9900 | €42,667 | €34,899 | -€7,769 | -18.2% |
| Operating profit (loss) | 9901 | €9,229 | €3,822 | -€5,408 | -58.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €6,606 | €4,897 | -€1,709 | -25.9% |
| Recurring financial charges | 65 | €6,606 | €4,897 | -€1,709 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €2,623 | -€1,075 | -€3,699 | |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | €2,449 | -€1,252 | -€3,701 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,449 | -€1,252 | -€3,701 |
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 15 October 2026 via checked.be.