VIKTOR: 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.
VIKTOR
Largest movements
- Tangible fixed assets -€17,308
down €17,308 (-3.6%), from €480,242 to €462,935
of which Land and buildings: -€13,760
- Cash +€5,323
up €5,323 (+51.0%), from €10,439 to €15,762
mainly Depreciation (+€17,308) and Other debts (+€282)
- Profit (loss) carried forward -€11,767
down €11,767 (-5.7%), from -€205,793 to -€217,560
- Gross operating margin -€774
down €774 (-10.7%), from €7,205 to €6,431
- Other operating charges -€620
down €620 (-42.6%), from €1,456 to €836
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 | €490,682 | €478,697 | -€11,985 | -2.4% |
| Fixed assets | 21/28 | €480,242 | €462,935 | -€17,308 | -3.6% |
| Tangible fixed assets | 22/27 | €480,242 | €462,935 | -€17,308 | -3.6% |
| Land and buildings | 22 | €469,597 | €455,838 | -€13,760 | -2.9% |
| Plant, machinery and equipment | 23 | €6,352 | €4,235 | -€2,117 | -33.3% |
| Furniture and vehicles | 24 | €4,293 | €2,862 | -€1,431 | -33.3% |
| Current assets | 29/58 | €10,439 | €15,762 | +€5,323 | +51.0% |
| Cash at bank and in hand | 54/58 | €10,439 | €15,762 | +€5,323 | +51.0% |
| Total equity and liabilities | 10/49 | €490,682 | €478,697 | -€11,985 | -2.4% |
| Equity | 10/15 | -€193,293 | -€205,060 | -€11,767 | -6.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,793 | -€217,560 | -€11,767 | -5.7% |
| Amounts payable | 17/49 | €683,975 | €683,757 | -€218 | 0.0% |
| Amounts payable within one year | 42/48 | €683,475 | €683,757 | +€282 | 0.0% |
| Trade debts | 44 | €484 | €484 | = | 0.0% |
| Suppliers | 440/4 | €484 | €484 | = | 0.0% |
| Other amounts payable | 47/48 | €682,991 | €683,273 | +€282 | 0.0% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,308 | €17,308 | = | 0.0% |
| Other operating charges | 640/8 | €1,456 | €836 | -€620 | -42.6% |
| Gross operating margin | 9900 | €7,205 | €6,431 | -€774 | -10.7% |
| Operating profit (loss) | 9901 | -€11,559 | -€11,713 | -€154 | -1.3% |
| Financial charges | 65/66B | €3 | €54 | +€51 | +1700.0% |
| Recurring financial charges | 65 | €3 | €54 | +€51 | +1700.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,562 | -€11,767 | -€205 | -1.8% |
| Profit (loss) for the period | 9904 | -€11,562 | -€11,767 | -€205 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,562 | -€11,767 | -€205 | -1.8% |
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.