VIKTHUR: what changed
What changed
VIKTHUR
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€39,754
2024 · €80,182-€40,428
Equity
€536,993
2024 · €537,146-€153
Cash
€3,312
2024 · €6,325-€3,013
Balance sheet total
€828,287
2024 · €854,185-€25,898
Largest movements
Assets
- Tangible fixed assets -€28,742
down €28,742 (-27.0%), from €106,492 to €77,751
of which Other tangible fixed assets: -€25,731
Equity and liabilities
- Debts after one year -€20,778
down €20,778 (-11.5%), from €180,163 to €159,384
- Accrued charges and deferred income -€8,896
down €8,896 (-63.7%), from €13,971 to €5,074
Income statement
- Gross operating margin -€51,362
down €51,362 (-25.7%), from €200,125 to €148,763
- Taxes -€12,232
down €12,232 (-47.2%), from €25,909 to €13,677
- Staff costs +€6,637
up €6,637 (+13.8%), from €48,007 to €54,644
- Financial charges -€5,570
down €5,570 (-34.4%), from €16,191 to €10,621
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€80,182
Gross operating margin
-€51,362
Staff costs
-€6,637
Other operating charges
-€238
Financial income
+€6
Financial charges
+€5,570
Taxes
+€12,232
Result 2025
€39,754
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€57,338
Investment
€0
Financing
-€60,352
Cash 2024
€6,325
From operations (derived)
+€57,338
Net result for the year
+€39,754
Depreciation
+€28,742
Receivables within one year
-€323
Deferred charges and accrued income
-€5,534
Trade debts
+€4,065
Tax, wage and social debts
+€1,805
Advances received
+€5,000
Other debts
-€7,274
Accrued charges and deferred income
-€8,896
Financing
-€60,352
Debts after one year
-€20,778
Current portion of long-term debt
+€334
Contributions, distributions and other
-€39,907
Cash 2025
€3,312
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €854,185 | €828,287 | -€25,898 | -3.0% |
| Fixed assets | 21/28 | €844,587 | €815,846 | -€28,742 | -3.4% |
| Tangible fixed assets | 22/27 | €106,492 | €77,751 | -€28,742 | -27.0% |
| Furniture and vehicles | 24 | €13,063 | €10,052 | -€3,010 | -23.0% |
| Other tangible fixed assets | 26 | €93,430 | €67,698 | -€25,731 | -27.5% |
| Financial fixed assets | 28 | €738,095 | €738,095 | = | 0.0% |
| Current assets | 29/58 | €9,597 | €12,441 | +€2,844 | +29.6% |
| Amounts receivable within one year | 40/41 | €1,000 | €1,323 | +€323 | +32.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,000 | €1,323 | +€323 | +32.3% |
| Cash at bank and in hand | 54/58 | €6,325 | €3,312 | -€3,013 | -47.6% |
| Deferred charges and accrued income | 490/1 | €2,273 | €7,806 | +€5,534 | +243% |
| Total equity and liabilities | 10/49 | €854,185 | €828,287 | -€25,898 | -3.0% |
| Equity | 10/15 | €537,146 | €536,993 | -€153 | 0.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €477,146 | €476,993 | -€153 | 0.0% |
| Distributable reserves | 133 | €477,146 | €476,993 | -€153 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €317,039 | €291,294 | -€25,745 | -8.1% |
| Amounts payable after more than one year | 17 | €180,163 | €159,384 | -€20,778 | -11.5% |
| Financial debts | 170/4 | €180,163 | €159,384 | -€20,778 | -11.5% |
| Amounts payable within one year | 42/48 | €122,906 | €126,835 | +€3,930 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €20,444 | €20,778 | +€334 | +1.6% |
| Trade debts | 44 | €7,351 | €11,416 | +€4,065 | +55.3% |
| Suppliers | 440/4 | €7,351 | €11,416 | +€4,065 | +55.3% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €15,261 | €17,066 | +€1,805 | +11.8% |
| Taxes | 450/3 | €8,109 | €9,264 | +€1,155 | +14.2% |
| Remuneration and social security | 454/9 | €7,152 | €7,802 | +€650 | +9.1% |
| Other amounts payable | 47/48 | €79,849 | €72,576 | -€7,274 | -9.1% |
| Accrued charges and deferred income | 492/3 | €13,971 | €5,074 | -€8,896 | -63.7% |
| Remuneration, social security and pensions | 62 | €48,007 | €54,644 | +€6,637 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,742 | €28,742 | = | 0.0% |
| Other operating charges | 640/8 | €1,094 | €1,331 | +€238 | +21.7% |
| Gross operating margin | 9900 | €200,125 | €148,763 | -€51,362 | -25.7% |
| Operating profit (loss) | 9901 | €122,282 | €64,046 | -€58,237 | -47.6% |
| Financial income | 75/76B | €0 | €6 | +€6 | |
| Recurring financial income | 75 | €0 | €6 | +€6 | |
| Financial charges | 65/66B | €16,191 | €10,621 | -€5,570 | -34.4% |
| Recurring financial charges | 65 | €16,191 | €10,621 | -€5,570 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €106,091 | €53,431 | -€52,660 | -49.6% |
| Income taxes | 67/77 | €25,909 | €13,677 | -€12,232 | -47.2% |
| Profit (loss) for the period | 9904 | €80,182 | €39,754 | -€40,428 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €80,182 | €39,754 | -€40,428 | -50.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.