Kine Van Geem: what changed
Kine Van Geem
Largest movements
- Tangible fixed assets -€16,232
down €16,232 (-8.6%), from €188,115 to €171,883
of which Land and buildings: -€16,658
- Cash +€4,696
up €4,696 (+4.8%), from €96,851 to €101,547
mainly Net result for the year (+€24,257) and Depreciation (+€18,060)
- Receivables within one year +€3,344
up €3,344 (+2,066%), from €162 to €3,505
of which Other amounts receivable: +€2,745
- Reserves +€24,257
up €24,257 (+42.8%), from €56,630 to €80,887
of which Distributable reserves: +€24,257
- Other debts -€17,856
down €17,856 (-84.2%), from €21,205 to €3,349
- Debts after one year -€16,131
down €16,131 (-9.4%), from €171,657 to €155,526
- Depreciation -€3,482
down €3,482 (-16.2%), from €21,542 to €18,060
- Gross operating margin -€3,181
down €3,181 (-5.4%), from €59,045 to €55,864
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 | €288,192 | €279,689 | -€8,503 | -3.0% |
| Fixed assets | 21/28 | €188,115 | €171,883 | -€16,232 | -8.6% |
| Tangible fixed assets | 22/27 | €188,115 | €171,883 | -€16,232 | -8.6% |
| Land and buildings | 22 | €181,607 | €164,949 | -€16,658 | -9.2% |
| Plant, machinery and equipment | 23 | €4,195 | €4,534 | +€339 | +8.1% |
| Furniture and vehicles | 24 | €2,312 | €2,400 | +€88 | +3.8% |
| Current assets | 29/58 | €100,077 | €107,806 | +€7,729 | +7.7% |
| Amounts receivable within one year | 40/41 | €162 | €3,505 | +€3,344 | +2,066% |
| Trade receivables | 40 | €0 | €599 | +€599 | |
| Other amounts receivable | 41 | €162 | €2,907 | +€2,745 | +1,696% |
| Cash at bank and in hand | 54/58 | €96,851 | €101,547 | +€4,696 | +4.8% |
| Deferred charges and accrued income | 490/1 | €3,064 | €2,753 | -€310 | -10.1% |
| Total equity and liabilities | 10/49 | €288,192 | €279,689 | -€8,503 | -3.0% |
| Equity | 10/15 | €75,528 | €99,785 | +€24,257 | +32.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €56,630 | €80,887 | +€24,257 | +42.8% |
| Non-distributable reserves | 130/1 | €2,105 | €2,105 | = | 0.0% |
| Other | 1319 | €2,105 | €2,105 | = | 0.0% |
| Distributable reserves | 133 | €54,525 | €78,782 | +€24,257 | +44.5% |
| Profit (loss) carried forward | 14 | €148 | €148 | = | 0.0% |
| Amounts payable | 17/49 | €212,664 | €179,904 | -€32,760 | -15.4% |
| Amounts payable after more than one year | 17 | €171,657 | €155,526 | -€16,131 | -9.4% |
| Financial debts | 170/4 | €171,657 | €155,526 | -€16,131 | -9.4% |
| Amounts payable within one year | 42/48 | €39,740 | €24,306 | -€15,434 | -38.8% |
| Current portion of amounts payable after more than one year | 42 | €15,881 | €16,131 | +€250 | +1.6% |
| Trade debts | 44 | €2,653 | €4,825 | +€2,172 | +81.9% |
| Suppliers | 440/4 | €2,653 | €4,825 | +€2,172 | +81.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,205 | €3,349 | -€17,856 | -84.2% |
| Accrued charges and deferred income | 492/3 | €1,267 | €72 | -€1,195 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,542 | €18,060 | -€3,482 | -16.2% |
| Other operating charges | 640/8 | €1,099 | €1,080 | -€19 | -1.7% |
| Gross operating margin | 9900 | €59,045 | €55,864 | -€3,181 | -5.4% |
| Operating profit (loss) | 9901 | €36,404 | €36,725 | +€320 | +0.9% |
| Financial income | 75/76B | €383 | €388 | +€6 | +1.5% |
| Recurring financial income | 75 | €383 | €388 | +€6 | +1.5% |
| Financial charges | 65/66B | €3,324 | €3,101 | -€224 | -6.7% |
| Recurring financial charges | 65 | €3,324 | €3,101 | -€224 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €33,463 | €34,012 | +€550 | +1.6% |
| Income taxes | 67/77 | €9,838 | €9,755 | -€83 | -0.8% |
| Profit (loss) for the period | 9904 | €23,625 | €24,257 | +€632 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,625 | €24,257 | +€632 | +2.7% |
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 8 November 2026 via checked.be.