Dr. Alice Van Goethem: what changed
Dr. Alice Van Goethem
Largest movements
- Cash -€144,576
down €144,576 (-41.8%), from €346,160 to €201,584
mainly Contributions, distributions and other (-€420,588) and Current investments (-€24,580)
- Current investments +€24,580
up €24,580 (+30.9%), from €79,630 to €104,210
- Tangible fixed assets -€7,315
down €7,315 (-50.4%), from €14,523 to €7,208
of which Furniture and vehicles: -€7,315
- Profit (loss) carried forward -€233,880
down €233,880 (-54.6%), from €428,732 to €194,852
- Other debts +€108,542
up €108,542 (+2,761%), from €3,932 to €112,474
- Gross operating margin +€23,769
up €23,769 (+10.3%), from €229,990 to €253,758
- Taxes +€11,871
up €11,871 (+23.3%), from €50,930 to €62,801
- Depreciation -€3,688
down €3,688 (-33.5%), from €11,003 to €7,315
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €441,368 | €317,126 | -€124,242 | -28.1% |
| Fixed assets | 21/28 | €14,523 | €7,208 | -€7,315 | -50.4% |
| Tangible fixed assets | 22/27 | €14,523 | €7,208 | -€7,315 | -50.4% |
| Plant, machinery and equipment | 23 | €1,855 | €1,855 | = | 0.0% |
| Furniture and vehicles | 24 | €12,668 | €5,353 | -€7,315 | -57.7% |
| Current assets | 29/58 | €426,845 | €309,918 | -€116,927 | -27.4% |
| Amounts receivable within one year | 40/41 | - | €4,124 | +€4,124 | |
| Trade receivables | 40 | - | €4,124 | +€4,124 | |
| Current investments | 50/53 | €79,630 | €104,210 | +€24,580 | +30.9% |
| Cash at bank and in hand | 54/58 | €346,160 | €201,584 | -€144,576 | -41.8% |
| Deferred charges and accrued income | 490/1 | €1,055 | - | -€1,055 | |
| Total equity and liabilities | 10/49 | €441,368 | €317,126 | -€124,242 | -28.1% |
| Equity | 10/15 | €430,732 | €196,852 | -€233,880 | -54.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €428,732 | €194,852 | -€233,880 | -54.6% |
| Amounts payable | 17/49 | €10,635 | €120,274 | +€109,639 | +1,031% |
| Amounts payable within one year | 42/48 | €10,635 | €120,274 | +€109,639 | +1,031% |
| Trade debts | 44 | €1,115 | - | -€1,115 | |
| Suppliers | 440/4 | €1,115 | - | -€1,115 | |
| Taxes, remuneration and social security | 45 | €5,588 | €7,801 | +€2,212 | +39.6% |
| Taxes | 450/3 | €5,588 | €7,801 | +€2,212 | +39.6% |
| Other amounts payable | 47/48 | €3,932 | €112,474 | +€108,542 | +2,761% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,003 | €7,315 | -€3,688 | -33.5% |
| Other operating charges | 640/8 | €505 | - | -€505 | |
| Gross operating margin | 9900 | €229,990 | €253,758 | +€23,769 | +10.3% |
| Operating profit (loss) | 9901 | €218,482 | €246,444 | +€27,962 | +12.8% |
| Financial income | 75/76B | €1,332 | €3,110 | +€1,778 | +134% |
| Recurring financial income | 75 | €1,332 | €3,110 | +€1,778 | +134% |
| Financial charges | 65/66B | €114 | €45 | -€69 | -60.6% |
| Recurring financial charges | 65 | €114 | €45 | -€69 | -60.6% |
| Profit (loss) for the period before taxes | 9903 | €219,699 | €249,508 | +€29,809 | +13.6% |
| Income taxes | 67/77 | €50,930 | €62,801 | +€11,871 | +23.3% |
| Profit (loss) for the period | 9904 | €168,769 | €186,708 | +€17,938 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €168,769 | €186,708 | +€17,938 | +10.6% |
Next steps
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 4 November 2026 via checked.be.