VIKRAM: 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.
VIKRAM
Largest movements
- Stocks and contracts +€6,500
up €6,500 (+30.2%), from €21,531 to €28,031
- Cash +€5,389
up €5,389 (+1191.6%), from €452 to €5,841
mainly Trade debts (+€15,905) and Net result for the year (+€8,524)
- Trade debts +€15,905
up €15,905 (+844.4%), from €1,884 to €17,789
- Other debts -€14,768
down €14,768 (-36.1%), from €40,925 to €26,157
- Profit (loss) carried forward +€8,524
up €8,524 (+22.7%), from -€37,576 to -€29,052
- Tax, wage and social debts +€2,240
up €2,240 (+209.8%), from €1,068 to €3,308
of which Remuneration and social security: +€2,358
- Gross operating margin +€4,841
up €4,841 (+51.9%), from €9,322 to €14,163
- Taxes +€3,218
new in 2025: €3,218
- Financial charges -€250
down €250 (-72.1%), from €347 to €97
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 | €24,900 | €36,801 | +€11,901 | +47.8% |
| Fixed assets | 21/28 | €2,917 | €2,688 | -€229 | -7.9% |
| Tangible fixed assets | 22/27 | €401 | €172 | -€229 | -57.1% |
| Plant, machinery and equipment | 23 | €401 | €172 | -€229 | -57.1% |
| Financial fixed assets | 28 | €2,516 | €2,516 | = | 0.0% |
| Current assets | 29/58 | €21,983 | €34,113 | +€12,130 | +55.2% |
| Stocks and contracts in progress | 3 | €21,531 | €28,031 | +€6,500 | +30.2% |
| Stocks | 30/36 | €21,531 | €28,031 | +€6,500 | +30.2% |
| Cash at bank and in hand | 54/58 | €452 | €5,841 | +€5,389 | +1191.6% |
| Deferred charges and accrued income | 490/1 | - | €241 | +€241 | |
| Total equity and liabilities | 10/49 | €24,900 | €36,801 | +€11,901 | +47.8% |
| Equity | 10/15 | -€18,976 | -€10,452 | +€8,524 | +44.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,576 | -€29,052 | +€8,524 | +22.7% |
| Amounts payable | 17/49 | €43,876 | €47,253 | +€3,377 | +7.7% |
| Amounts payable within one year | 42/48 | €43,876 | €47,253 | +€3,377 | +7.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,884 | €17,789 | +€15,905 | +844.4% |
| Suppliers | 440/4 | €1,884 | €17,789 | +€15,905 | +844.4% |
| Taxes, remuneration and social security | 45 | €1,068 | €3,308 | +€2,240 | +209.8% |
| Taxes | 450/3 | €1,068 | €950 | -€118 | -11.1% |
| Remuneration and social security | 454/9 | - | €2,358 | +€2,358 | |
| Other amounts payable | 47/48 | €40,925 | €26,157 | -€14,768 | -36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €229 | €229 | = | 0.0% |
| Other operating charges | 640/8 | €2,130 | €2,095 | -€35 | -1.7% |
| Gross operating margin | 9900 | €9,322 | €14,163 | +€4,841 | +51.9% |
| Operating profit (loss) | 9901 | €6,963 | €11,839 | +€4,877 | +70.0% |
| Financial charges | 65/66B | €347 | €97 | -€250 | -72.1% |
| Recurring financial charges | 65 | €347 | €97 | -€250 | -72.1% |
| Profit (loss) for the period before taxes | 9903 | €6,616 | €11,742 | +€5,127 | +77.5% |
| Income taxes | 67/77 | - | €3,218 | +€3,218 | |
| Profit (loss) for the period | 9904 | €6,616 | €8,524 | +€1,908 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,616 | €8,524 | +€1,908 | +28.8% |
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 12 October 2026 via checked.be.