Brouwerij Van Goethem: 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.
Brouwerij Van Goethem
Largest movements
- Cash -€312,323
down €312,323 (-94.4%), from €330,947 to €18,624
mainly Current investments (-€223,629) and Other debts (-€38,332)
- Current investments +€223,629
new in 2025: €223,629
- Receivables within one year +€25,136
up €25,136 (+20.7%), from €121,535 to €146,671
of which Other amounts receivable: +€26,404
- Tangible fixed assets -€8,267
down €8,267 (-33.3%), from €24,791 to €16,524
of which Furniture and vehicles: -€5,164
- Other debts -€38,332
down €38,332 (-99.6%), from €38,467 to €136
- Profit (loss) carried forward -€37,556
down €37,556 (-30.7%), from €122,311 to €84,755
- Gross operating margin +€21,112
up €21,112 (+41.4%), from -€50,933 to -€29,822
- Financial income +€711
up €711 (+18.2%), from €3,905 to €4,615
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.
Derived cash bridge
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 | €594,710 | €523,590 | -€71,120 | -12.0% |
| Fixed assets | 21/28 | €24,791 | €16,524 | -€8,267 | -33.3% |
| Tangible fixed assets | 22/27 | €24,791 | €16,524 | -€8,267 | -33.3% |
| Furniture and vehicles | 24 | €5,164 | - | -€5,164 | |
| Other tangible fixed assets | 26 | €19,627 | €16,524 | -€3,103 | -15.8% |
| Current assets | 29/58 | €569,920 | €507,066 | -€62,853 | -11.0% |
| Amounts receivable after more than one year | 29 | €115,000 | €115,000 | = | 0.0% |
| Other amounts receivable | 291 | €115,000 | €115,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,899 | €2,587 | +€688 | +36.2% |
| Stocks | 30/36 | €1,899 | €2,587 | +€688 | +36.2% |
| Amounts receivable within one year | 40/41 | €121,535 | €146,671 | +€25,136 | +20.7% |
| Trade receivables | 40 | €116,868 | €115,600 | -€1,268 | -1.1% |
| Other amounts receivable | 41 | €4,667 | €31,071 | +€26,404 | +566% |
| Current investments | 50/53 | - | €223,629 | +€223,629 | |
| Cash at bank and in hand | 54/58 | €330,947 | €18,624 | -€312,323 | -94.4% |
| Deferred charges and accrued income | 490/1 | €538 | €554 | +€16 | +3.0% |
| Total equity and liabilities | 10/49 | €594,710 | €523,590 | -€71,120 | -12.0% |
| Equity | 10/15 | €539,827 | €502,271 | -€37,556 | -7.0% |
| Contributions | 10/11 | €291,275 | €291,275 | = | 0.0% |
| Capital | 10 | €291,275 | €291,275 | = | 0.0% |
| Issued capital | 100 | €291,275 | €291,275 | = | 0.0% |
| Reserves | 13 | €126,241 | €126,241 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,127 | €29,127 | = | 0.0% |
| Legal reserve | 130 | €29,127 | €29,127 | = | 0.0% |
| Distributable reserves | 133 | €97,114 | €97,114 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,311 | €84,755 | -€37,556 | -30.7% |
| Amounts payable | 17/49 | €54,883 | €21,319 | -€33,563 | -61.2% |
| Amounts payable within one year | 42/48 | €54,883 | €21,319 | -€33,563 | -61.2% |
| Trade debts | 44 | €15,393 | €20,953 | +€5,560 | +36.1% |
| Suppliers | 440/4 | €15,393 | €20,953 | +€5,560 | +36.1% |
| Taxes, remuneration and social security | 45 | €1,023 | €231 | -€792 | -77.4% |
| Taxes | 450/3 | €1,023 | €231 | -€792 | -77.4% |
| Other amounts payable | 47/48 | €38,467 | €136 | -€38,332 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,581 | €8,267 | -€314 | -3.7% |
| Other operating charges | 640/8 | €3,208 | €3,597 | +€390 | +12.1% |
| Gross operating margin | 9900 | -€50,933 | -€29,822 | +€21,112 | +41.4% |
| Operating profit (loss) | 9901 | -€62,722 | -€41,685 | +€21,037 | +33.5% |
| Financial income | 75/76B | €3,905 | €4,615 | +€711 | +18.2% |
| Recurring financial income | 75 | €3,905 | €4,615 | +€711 | +18.2% |
| Financial charges | 65/66B | €78 | - | -€78 | |
| Recurring financial charges | 65 | €78 | - | -€78 | |
| Profit (loss) for the period before taxes | 9903 | -€58,896 | -€37,070 | +€21,826 | +37.1% |
| Income taxes | 67/77 | €489 | €486 | -€3 | -0.6% |
| Profit (loss) for the period | 9904 | -€59,385 | -€37,556 | +€21,829 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,385 | -€37,556 | +€21,829 | +36.8% |
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 21 October 2026 via checked.be.