Gofimo
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 49 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,121
2024 · €4,440
Working capital
€278,459▼ 11.0%
2024 · €312,706
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€11,768
▼ 219%
2025
20182025
Net result
-€4,121
2025
20182025
Equity
€1.1m
▼ 0.4%
2025
20182025
Total assets
€1.2m
▲ 0.8%
2025
20182025
Debt
€53,386
▲ 33.5%
2025
20182025
Working capital
€278,459
▼ 11.0%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.006m--€0.009m-€0.005m▲ 41.5%€0.01m-€0.03m-€0.01m▲ 46.9%-€0.004m▲ 72.9%-€0.01m▼ 219%
Net result€0.01m-€0.001m▼ 93.4%€0.005m▲ 600%€0.03m▲ 372%-€0.02m-€0.004m▲ 73.9%€0.004m-€0.004m
Equity€1.1m-€1.1m▲ 0.1%€1.1m▲ 0.5%€1.2m▲ 2.3%€1.1m▼ 1.3%€1.1m▼ 0.3%€1.1m▲ 0.4%€1.1m▼ 0.4%
Total assets€1.5m-€1.5m=€1.4m▼ 0.3%€1.3m▼ 8.6%€1.3m▼ 2.5%€1.3m▼ 1.9%€1.2m▼ 6.3%€1.2m▲ 0.8%
Debt€0.3m-€0.3m▼ 0.2%€0.3m▼ 3.1%€0.2m▼ 48.0%€0.1m▼ 11.1%€0.1m▼ 14.0%€0.04m▼ 67.9%€0.05m▲ 33.5%
Working capital€0.7m-€0.7m=€0.7m▼ 0.6%€0.6m▼ 20.6%€0.5m▼ 6.3%€0.5m▼ 10.6%€0.3m▼ 33.4%€0.3m▼ 11.0%
The operating result for 2025 is a loss of €11,768, larger than the loss of €3,691 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€866,629 ▲ 4.2%
Current assets
€326,845 ▼ 7.3%
Equity and liabilities €1.2m
Equity
€1.1m ▼ 0.4%
Debt
€53,386 ▲ 33.5%
Debt's share of the balance-sheet total rises from 3.4% to 4.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
6.75▼
2024 · 8.82
Debt to equity
0.05▲
2024 · 0.03
ROE
-0.4%▼
2024 · 0.4%
ROA
-0.3%▼
2024 · 0.4%
Debt ≤ 1 year
€48,386▲
2024 · €39,990
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €31,564 | €61,429 | €35,126 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €7,995 | €8,158 | €8,870 | €9,659 | €9,188 | ▼ 4.9% |
| Gross operating margin9900 | €13,517 | -€1,135 | €2,846 | €22,149 | -€17,461 | -€4,733 | €5,968 | -€2,579 | - |
| Operating profit (loss)9901 | €6,082 | -€8,700 | -€5,091 | €14,154 | -€25,619 | -€13,604 | -€3,691 | -€11,768 | ▼ 219% |
| Financial income75/76B | - | - | - | €13,875 | €13,199 | €12,056 | €8,998 | €8,022 | ▼ 10.9% |
| Recurring financial income75 | €14,625 | €14,255 | €14,085 | €13,875 | €13,199 | €12,056 | €8,998 | €8,022 | ▼ 10.9% |
| Financial charges65/66B | - | - | - | €2,376 | €2,710 | €2,402 | €867 | €375 | ▼ 56.7% |
| Recurring financial charges65 | €8,979 | €4,779 | €3,561 | €2,376 | €2,710 | €2,402 | €867 | €375 | ▼ 56.7% |
| Profit (loss) for the period before taxes9903 | €11,728 | €776 | €5,433 | €25,653 | -€15,130 | -€3,950 | €4,440 | -€4,121 | - |
| Income taxes67/77 | €0 | - | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €11,728 | €776 | €5,433 | €25,653 | -€15,130 | -€3,950 | €4,440 | -€4,121 | - |
| Profit (loss) for the period to be appropriated9905 | €11,728 | €776 | €5,433 | €25,653 | -€15,130 | -€3,950 | €4,440 | -€4,121 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €1.5m | €1.4m | €1.3m | €1.3m | €1.3m | €1.2m | €1.2m | ▲ 0.8% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.8m | €0.8m | €0.9m | ▲ 4.2% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.8m | €0.8m | €0.9m | ▲ 4.2% |
| Land and buildings22 | - | - | - | €0.7m | €0.7m | €0.8m | €0.8m | €0.9m | ▲ 4.2% |
| Financial fixed assets28 | €0 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | €0.5m | €0.4m | €0.3m | ▼ 7.3% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.7m | €0.7m | €0.7m | €0.6m | €0.5m | €0.4m | €0.3m | €0.3m | = |
| Trade receivables40 | - | - | - | €0.01m | €0 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.6m | €0.5m | €0.4m | €0.3m | €0.3m | = |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.004m | €0.001m | €0.006m | €327 | €0.03m | €0.05m | €0.03m | €0.004m | ▼ 86.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.009m | €0.008m | ▼ 12.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.4m | €1.3m | €1.3m | €1.3m | €1.2m | €1.2m | ▲ 0.8% |
| Equity10/15 | €1.1m | €1.1m | €1.1m | €1.2m | €1.1m | €1.1m | €1.1m | €1.1m | ▼ 0.4% |
| Contributions10/11 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.03m | €0.03m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.03m | €0.03m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €1.2m | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | ▼ 0.4% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Other1319 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Tax-exempt reserves132 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Distributable reserves133 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 1.4% |
| Profit (loss) carried forward14 | -€0.1m | -€0.1m | -€0.1m | €0 | - | - | - | - | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.1m | €0.04m | €0.05m | ▲ 33.5% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | €0.3m | €0.1m | €0.1m | €0.1m | €0 | - | - |
| Financial debts170/4 | - | - | - | €0.1m | €0.1m | €0.1m | €0 | - | - |
| Amounts payable within one year42/48 | €0.003m | €0.003m | €0.003m | €0.02m | €0.02m | €0.02m | €0.04m | €0.05m | ▲ 21.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.02m | €0.02m | €0 | - | - |
| Trade debts44 | €0 | - | - | €102 | €0.002m | €0.002m | €0.02m | €0.001m | ▼ 96.9% |
| Suppliers440/4 | - | - | - | €102 | €0.002m | €0.002m | €0.02m | €0.001m | ▼ 96.9% |
| Other amounts payable47/48 | - | - | - | €0.003m | €0.003m | €0.003m | €0.02m | €0.05m | ▲ 109% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - | - | €0.005m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,728 | €776 | €5,433 | €25,653 | -€15,130 | -€3,950 | €4,440 | -€4,121 | - |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €11,728 | €776 | €5,433 | €25,653 | -€15,130 | -€3,950 | €4,440 | -€4,121 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | -€31,564 | -€61,429 | -€35,126 | ▲ 42.8% |
| Change in cash | - | -€2,500 | €4,700 | -€5,739 | €31,529 | €15,280 | -€18,437 | -€24,729 | ▼ 34.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as Gofimo has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
94.1%
was still going
5.2%
stopped otherwise
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Gofimo itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for Gofimo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 03-07-2026 | 2026-00252114 | |
| 31-12-2024 | abbreviated format | 11-07-2025 | 2025-00258915 | |
| 31-12-2023 | abbreviated format | 04-06-2024 | 2024-00109578 | |
| 31-12-2022 | micro format | 30-03-2023 | 2023-00048893 | |
| 31-12-2021 | abbreviated format | 30-09-2022 | 2022-20443714 | |
| 31-12-2020 | abbreviated format | 24-09-2021 | 2021-69800264 | |
| 31-12-2019 | abbreviated format | 10-08-2020 | 2020-40100313 | |
| 31-12-2018 | abbreviated format | 27-08-2019 | 2019-52600056 | |
| 31-12-2017 | abbreviated format | 09-07-2018 | 2018-30900180 | |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-58900290 |