VIKMAX: 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.
VIKMAX
Largest movements
- Receivables within one year +€8,329
up €8,329 (+64.3%), from €12,963 to €21,292
of which Other amounts receivable: +€9,459
- Tangible fixed assets -€6,528
down €6,528 (-36.2%), from €18,044 to €11,516
of which Furniture and vehicles: -€5,023
- Cash -€4,239
down €4,239 (-67.8%), from €6,252 to €2,013
mainly Contributions, distributions and other (-€10,000) and Receivables within one year (-€8,329)
- Other debts +€8,500
new in 2025: €8,500
- Current portion of long-term debt -€6,083
no longer reported in 2025 (was €6,083)
- Profit (loss) carried forward -€4,066
down €4,066 (-18.3%), from €22,251 to €18,185
- Trade debts -€1,330
down €1,330 (-45.3%), from €2,939 to €1,609
- Tax, wage and social debts +€649
up €649 (+20.3%), from €3,204 to €3,853
of which Taxes: +€716
- Gross operating margin -€9,059
down €9,059 (-35.6%), from €25,414 to €16,355
- Depreciation -€3,175
down €3,175 (-32.7%), from €9,703 to €6,528
- Taxes -€522
down €522 (-16.6%), from €3,137 to €2,615
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 | €37,477 | €35,147 | -€2,330 | -6.2% |
| Fixed assets | 21/28 | €18,044 | €11,516 | -€6,528 | -36.2% |
| Tangible fixed assets | 22/27 | €18,044 | €11,516 | -€6,528 | -36.2% |
| Plant, machinery and equipment | 23 | €2,660 | €1,155 | -€1,505 | -56.6% |
| Furniture and vehicles | 24 | €15,384 | €10,361 | -€5,023 | -32.7% |
| Current assets | 29/58 | €19,433 | €23,631 | +€4,198 | +21.6% |
| Amounts receivable within one year | 40/41 | €12,963 | €21,292 | +€8,329 | +64.3% |
| Trade receivables | 40 | €1,130 | - | -€1,130 | |
| Other amounts receivable | 41 | €11,833 | €21,292 | +€9,459 | +79.9% |
| Cash at bank and in hand | 54/58 | €6,252 | €2,013 | -€4,239 | -67.8% |
| Deferred charges and accrued income | 490/1 | €218 | €326 | +€108 | +49.5% |
| Total equity and liabilities | 10/49 | €37,477 | €35,147 | -€2,330 | -6.2% |
| Equity | 10/15 | €25,251 | €21,185 | -€4,066 | -16.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,251 | €18,185 | -€4,066 | -18.3% |
| Amounts payable | 17/49 | €12,226 | €13,962 | +€1,736 | +14.2% |
| Amounts payable within one year | 42/48 | €12,226 | €13,962 | +€1,736 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €6,083 | - | -€6,083 | |
| Trade debts | 44 | €2,939 | €1,609 | -€1,330 | -45.3% |
| Suppliers | 440/4 | €2,939 | €1,609 | -€1,330 | -45.3% |
| Taxes, remuneration and social security | 45 | €3,204 | €3,853 | +€649 | +20.3% |
| Taxes | 450/3 | €3,137 | €3,853 | +€716 | +22.8% |
| Remuneration and social security | 454/9 | €67 | - | -€67 | |
| Other amounts payable | 47/48 | - | €8,500 | +€8,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,703 | €6,528 | -€3,175 | -32.7% |
| Other operating charges | 640/8 | €816 | €1,034 | +€218 | +26.7% |
| Gross operating margin | 9900 | €25,414 | €16,355 | -€9,059 | -35.6% |
| Operating profit (loss) | 9901 | €14,895 | €8,793 | -€6,102 | -41.0% |
| Financial income | 75/76B | €612 | €829 | +€217 | +35.5% |
| Recurring financial income | 75 | €612 | €829 | +€217 | +35.5% |
| Financial charges | 65/66B | €1,126 | €1,073 | -€53 | -4.7% |
| Recurring financial charges | 65 | €1,126 | €1,073 | -€53 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €14,381 | €8,549 | -€5,832 | -40.6% |
| Income taxes | 67/77 | €3,137 | €2,615 | -€522 | -16.6% |
| Profit (loss) for the period | 9904 | €11,244 | €5,934 | -€5,310 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,244 | €5,934 | -€5,310 | -47.2% |
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 8 October 2026 via checked.be.