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
- Receivables within one year +€84,390
up €84,390 (+200.4%), from €42,112 to €126,503
- Deferred charges and accrued income -€54,062
down €54,062 (-98.9%), from €54,651 to €588
- Reserves +€20,934
up €20,934 (+21.4%), from €97,834 to €118,768
of which Distributable reserves: +€20,934
- Depreciation -€40,081
down €40,081 (-100.0%), from €40,081 to €0
- Gross operating margin -€16,636
down €16,636 (-30.1%), from €55,351 to €38,715
- Financial charges +€638
up €638 (+2657.1%), from €24 to €662
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 | €1,022,083 | €1,051,345 | +€29,262 | +2.9% |
| Fixed assets | 21/28 | €924,219 | €924,219 | = | 0.0% |
| Tangible fixed assets | 22/27 | €903,419 | €903,419 | = | 0.0% |
| Land and buildings | 22 | €903,419 | €903,419 | = | 0.0% |
| Financial fixed assets | 28 | €20,800 | €20,800 | = | 0.0% |
| Current assets | 29/58 | €97,864 | €127,125 | +€29,262 | +29.9% |
| Amounts receivable within one year | 40/41 | €42,112 | €126,503 | +€84,390 | +200.4% |
| Other amounts receivable | 41 | €42,112 | €126,503 | +€84,390 | +200.4% |
| Cash at bank and in hand | 54/58 | €1,101 | €34 | -€1,067 | -96.9% |
| Deferred charges and accrued income | 490/1 | €54,651 | €588 | -€54,062 | -98.9% |
| Total equity and liabilities | 10/49 | €1,022,083 | €1,051,345 | +€29,262 | +2.9% |
| Equity | 10/15 | €1,007,454 | €1,028,387 | +€20,934 | +2.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €903,419 | €903,419 | = | 0.0% |
| Reserves | 13 | €97,834 | €118,768 | +€20,934 | +21.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100.0% |
| Other | 1319 | - | €1,855 | +€1,855 | |
| Distributable reserves | 133 | €95,979 | €116,913 | +€20,934 | +21.8% |
| Amounts payable | 17/49 | €14,630 | €22,958 | +€8,328 | +56.9% |
| Amounts payable within one year | 42/48 | €14,630 | €22,958 | +€8,328 | +56.9% |
| Trade debts | 44 | €6,390 | €5,437 | -€953 | -14.9% |
| Suppliers | 440/4 | €6,390 | €5,437 | -€953 | -14.9% |
| Taxes, remuneration and social security | 45 | €8,021 | €15,641 | +€7,620 | +95.0% |
| Taxes | 450/3 | €8,021 | €15,641 | +€7,620 | +95.0% |
| Other amounts payable | 47/48 | €219 | €1,880 | +€1,661 | +757.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,081 | €0 | -€40,081 | -100.0% |
| Other operating charges | 640/8 | €9,189 | €9,500 | +€311 | +3.4% |
| Gross operating margin | 9900 | €55,351 | €38,715 | -€16,636 | -30.1% |
| Operating profit (loss) | 9901 | €6,082 | €29,215 | +€23,133 | +380.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €24 | €662 | +€638 | +2657.1% |
| Recurring financial charges | 65 | €24 | €662 | +€638 | +2657.1% |
| Profit (loss) for the period before taxes | 9903 | €6,058 | €28,554 | +€22,496 | +371.4% |
| Income taxes | 67/77 | €8,021 | €7,620 | -€401 | -5.0% |
| Profit (loss) for the period | 9904 | -€1,963 | €20,934 | +€22,897 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,963 | €20,934 | +€22,897 |
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 9 October 2026 via checked.be.