Kine Van Goethem: what changed
Kine Van Goethem
Largest movements
- Receivables within one year +€28,584
up €28,584 (+41.0%), from €69,707 to €98,292
of which Trade receivables: +€58,294
- Cash +€11,586
up €11,586 (+368%), from €3,144 to €14,731
mainly Net result for the year (+€40,443) and Other debts (+€35,202)
- Tangible fixed assets -€7,126
down €7,126 (-34.7%), from €20,508 to €13,381
of which Furniture and vehicles: -€8,692
- Other debts +€35,202
up €35,202 (+4,621%), from €762 to €35,964
- Debts after one year -€16,600
down €16,600 (-70.6%), from €23,516 to €6,916
- Tax, wage and social debts +€10,746
up €10,746 (+1,342%), from €801 to €11,547
- Current portion of long-term debt +€3,360
up €3,360 (+11.3%), from €29,840 to €33,200
- Gross operating margin +€47,377
up €47,377 (+350%), from €13,543 to €60,920
- Taxes +€14,398
up €14,398 (+3,329%), from €433 to €14,831
- Depreciation -€7,361
down €7,361 (-68.5%), from €10,748 to €3,387
- Financial charges -€1,490
down €1,490 (-51.6%), from €2,890 to €1,400
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 | €144,520 | €178,040 | +€33,519 | +23.2% |
| Fixed assets | 21/28 | €71,008 | €63,881 | -€7,126 | -10.0% |
| Tangible fixed assets | 22/27 | €20,508 | €13,381 | -€7,126 | -34.7% |
| Plant, machinery and equipment | 23 | €1,814 | €1,042 | -€772 | -42.6% |
| Furniture and vehicles | 24 | €16,557 | €7,865 | -€8,692 | -52.5% |
| Other tangible fixed assets | 26 | €2,137 | €4,475 | +€2,338 | +109% |
| Financial fixed assets | 28 | €50,500 | €50,500 | = | 0.0% |
| Current assets | 29/58 | €73,513 | €114,158 | +€40,646 | +55.3% |
| Amounts receivable within one year | 40/41 | €69,707 | €98,292 | +€28,584 | +41.0% |
| Trade receivables | 40 | €30,156 | €88,450 | +€58,294 | +193% |
| Other amounts receivable | 41 | €39,551 | €9,841 | -€29,710 | -75.1% |
| Cash at bank and in hand | 54/58 | €3,144 | €14,731 | +€11,586 | +368% |
| Deferred charges and accrued income | 490/1 | €661 | €1,136 | +€475 | +71.9% |
| Total equity and liabilities | 10/49 | €144,520 | €178,040 | +€33,519 | +23.2% |
| Equity | 10/15 | €87,346 | €88,439 | +€1,093 | +1.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €85,439 | €85,439 | = | 0.0% |
| Distributable reserves | 133 | €85,439 | €85,439 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,093 | - | +€1,093 | |
| Amounts payable | 17/49 | €57,174 | €89,601 | +€32,427 | +56.7% |
| Amounts payable after more than one year | 17 | €23,516 | €6,916 | -€16,600 | -70.6% |
| Financial debts | 170/4 | €23,516 | €6,916 | -€16,600 | -70.6% |
| Amounts payable within one year | 42/48 | €33,073 | €81,970 | +€48,898 | +148% |
| Current portion of amounts payable after more than one year | 42 | €29,840 | €33,200 | +€3,360 | +11.3% |
| Trade debts | 44 | €1,671 | €1,260 | -€411 | -24.6% |
| Suppliers | 440/4 | €1,671 | €1,260 | -€411 | -24.6% |
| Taxes, remuneration and social security | 45 | €801 | €11,547 | +€10,746 | +1,342% |
| Taxes | 450/3 | €801 | €11,547 | +€10,746 | +1,342% |
| Other amounts payable | 47/48 | €762 | €35,964 | +€35,202 | +4,621% |
| Accrued charges and deferred income | 492/3 | €585 | €714 | +€129 | +22.1% |
| Non-recurring operating income | 76A | - | €5,721 | +€5,721 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,748 | €3,387 | -€7,361 | -68.5% |
| Other operating charges | 640/8 | €566 | €582 | +€16 | +2.8% |
| Non-recurring operating charges | 66A | - | €278 | +€278 | |
| Gross operating margin | 9900 | €13,543 | €60,920 | +€47,377 | +350% |
| Operating profit (loss) | 9901 | €2,230 | €56,674 | +€54,444 | +2,442% |
| Financial charges | 65/66B | €2,890 | €1,400 | -€1,490 | -51.6% |
| Recurring financial charges | 65 | €2,890 | €1,400 | -€1,490 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | -€660 | €55,274 | +€55,934 | |
| Income taxes | 67/77 | €433 | €14,831 | +€14,398 | +3,329% |
| Profit (loss) for the period | 9904 | -€1,093 | €40,443 | +€41,536 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,093 | €40,443 | +€41,536 |
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.