VIKINGWORKX: 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.
VIKINGWORKX
Largest movements
- Tangible fixed assets -€28,407
down €28,407 (-27.6%), from €102,797 to €74,390
of which Furniture and vehicles: -€22,119
- Receivables within one year -€9,140
down €9,140 (-97.9%), from €9,336 to €197
- Cash -€7,782
down €7,782 (-78.2%), from €9,953 to €2,171
mainly Debts after one year (-€15,445) and Other debts (-€13,705)
- Debts after one year -€15,445
down €15,445 (-29.4%), from €52,538 to €37,093
- Other debts -€13,705
down €13,705 (-38.7%), from €35,425 to €21,720
- Profit (loss) carried forward -€11,899
new in 2025: -€11,899
- Tax, wage and social debts -€2,373
down €2,373 (-50.9%), from €4,664 to €2,291
of which Remuneration and social security: -€2,591
- Trade debts -€1,506
down €1,506 (-52.2%), from €2,885 to €1,378
- Gross operating margin -€18,689
down €18,689 (-43.0%), from €43,457 to €24,768
- Depreciation +€2,745
up €2,745 (+9.2%), from €29,923 to €32,668
- Taxes -€1,855
down €1,855 (-89.5%), from €2,073 to €218
- Other operating charges -€558
down €558 (-31.8%), from €1,754 to €1,196
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 | €122,307 | €77,983 | -€44,324 | -36.2% |
| Fixed assets | 21/28 | €102,797 | €74,390 | -€28,407 | -27.6% |
| Tangible fixed assets | 22/27 | €102,797 | €74,390 | -€28,407 | -27.6% |
| Plant, machinery and equipment | 23 | €26,268 | €19,979 | -€6,288 | -23.9% |
| Furniture and vehicles | 24 | €76,529 | €54,411 | -€22,119 | -28.9% |
| Current assets | 29/58 | €19,510 | €3,593 | -€15,917 | -81.6% |
| Amounts receivable within one year | 40/41 | €9,336 | €197 | -€9,140 | -97.9% |
| Other amounts receivable | 41 | €9,336 | €197 | -€9,140 | -97.9% |
| Cash at bank and in hand | 54/58 | €9,953 | €2,171 | -€7,782 | -78.2% |
| Deferred charges and accrued income | 490/1 | €220 | €1,226 | +€1,005 | +456% |
| Total equity and liabilities | 10/49 | €122,307 | €77,983 | -€44,324 | -36.2% |
| Equity | 10/15 | €11,956 | €57 | -€11,899 | -99.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,956 | €6,956 | = | 0.0% |
| Distributable reserves | 133 | €6,956 | €6,956 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,899 | -€11,899 | |
| Amounts payable | 17/49 | €110,351 | €77,926 | -€32,424 | -29.4% |
| Amounts payable after more than one year | 17 | €52,538 | €37,093 | -€15,445 | -29.4% |
| Financial debts | 170/4 | €52,538 | €37,093 | -€15,445 | -29.4% |
| Amounts payable within one year | 42/48 | €57,813 | €40,833 | -€16,980 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €14,839 | €15,445 | +€606 | +4.1% |
| Trade debts | 44 | €2,885 | €1,378 | -€1,506 | -52.2% |
| Suppliers | 440/4 | €2,885 | €1,378 | -€1,506 | -52.2% |
| Taxes, remuneration and social security | 45 | €4,664 | €2,291 | -€2,373 | -50.9% |
| Taxes | 450/3 | €2,073 | €2,291 | +€218 | +10.5% |
| Remuneration and social security | 454/9 | €2,591 | - | -€2,591 | |
| Other amounts payable | 47/48 | €35,425 | €21,720 | -€13,705 | -38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,923 | €32,668 | +€2,745 | +9.2% |
| Other operating charges | 640/8 | €1,754 | €1,196 | -€558 | -31.8% |
| Gross operating margin | 9900 | €43,457 | €24,768 | -€18,689 | -43.0% |
| Operating profit (loss) | 9901 | €11,780 | -€9,097 | -€20,876 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,751 | €2,585 | -€165 | -6.0% |
| Recurring financial charges | 65 | €2,751 | €2,585 | -€165 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €9,029 | -€11,682 | -€20,711 | |
| Income taxes | 67/77 | €2,073 | €218 | -€1,855 | -89.5% |
| Profit (loss) for the period | 9904 | €6,956 | -€11,899 | -€18,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,956 | -€11,899 | -€18,856 |
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 17 October 2026 via checked.be.