GOFRA
ActiveSummary
GOFRA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.7m and a net result of €513,064. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41=
Solvency79▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000,000 at 30 days acceptable
Liquidity ample (current ratio 2.64 against 2.79 in 2024; short-term debt: 8.5% and cash: 0.6% of total assets), and 46.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.6%
Return on assets
1.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
14 d early
2022
11 d early
2021
11 d early
2020
6 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 company by total assets in Lier, Real estate sector#2 company by equity in Lier, Real estate sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€513,064▲ 20.9%
2024 · €424,385
Working capital
€3.8m▲ 18.6%
2024 · €3.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€766,693▲ 9.0%€1.2m▲ 61.2%€941,813▼ 23.8%€1.0m▲ 9.7%€1.1m▲ 4.5%
Net result€319,316above the sector's middle half▲ 43.6%€586,250above the sector's middle half▲ 83.6%€328,628above the sector's middle half▼ 43.9%€424,385above the sector's middle half▲ 29.1%€513,064above the sector's middle half▲ 20.9%
Equity€12.9mabove the sector's middle half▲ 2.5%€13.5mabove the sector's middle half▲ 4.5%€13.8mabove the sector's middle half▲ 2.4%€14.2mabove the sector's middle half▲ 3.1%€14.7mabove the sector's middle half▲ 3.6%
Total assets€28.1mabove the sector's middle half▲ 0.6%€26.0mabove the sector's middle half▼ 7.4%€26.3mabove the sector's middle half▲ 1.4%€26.8mabove the sector's middle half▲ 1.7%€27.5mabove the sector's middle half▲ 2.7%
Debt€6.2m▼ 3.3%€2.1m▼ 67.0%€2.0m▼ 1.4%€2.0m▼ 0.8%€2.5m▲ 26.5%
Working capital-€793,513▲ 49.6%€1.7m€2.4m▲ 41.8%€3.2m▲ 36.3%€3.8m▲ 18.6%
Solvency45.9%within the sector's middle half▲ 0.9pp51.9%within the sector's middle half▲ 5.9pp52.4%within the sector's middle half▲ 0.6pp53.1%within the sector's middle half▲ 0.7pp53.6%within the sector's middle half▲ 0.5pp
Staff (FTE)0.1below the sector's middle half=0.1below the sector's middle half=0.1within the sector's middle half=0.1within the sector's middle half=0.1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.5m
Fixed assets
€21.3m ▼ 2.0%
Current assets
€6.2m ▲ 22.5%
Equity and liabilities €27.5m
Equity
€14.7m ▲ 3.6%
Provisions
€10.2m ▼ 3.1%
Debt
€2.5m ▲ 26.5%
Debt's share of the balance-sheet total rises from 7.5% to 9.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.5m▲
2024 · €1.5m
Cash flow
€938,472▲
2024 · €850,529
Current ratio
2.64▼
2024 · 2.79
Debt to equity
0.17▲
2024 · 0.14
ROE
3.5%▲
2024 · 3.0%
ROA
1.9%▲
2024 · 1.6%
Interest coverage
2.41▲
2024 · 2.37
Debt ≤ 1 year
€2.4m▲
2024 · €1.8m
Debt > 1 year
€164,255▲
2024 · €164,015
Income taxes
€189,138▲
2024 · €143,848
Staff costs
€3,938▲
2024 · €3,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3,478 | €3,176 | €3,659 | €3,825 | €3,938 | ▲ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €401,159 | €407,664 | €417,722 | €426,144 | €425,407 | ▼ 0.2% |
| Other operating charges640/8 | €42,398 | €159,613 | €191,890 | €119,922 | €153,403 | ▲ 27.9% |
| Gross operating margin9900 | €1.2m | €1.8m | €1.6m | €1.6m | €1.7m | ▲ 5.0% |
| Operating profit (loss)9901 | €766,693 | €1.2m | €941,813 | €1.0m | €1.1m | ▲ 4.5% |
| Financial income75/76B | €197,858 | €93,827 | €132,052 | €175,979 | €251,712 | ▲ 43.0% |
| Recurring financial income75 | €142,023 | €39,882 | €71,103 | €114,754 | €184,476 | ▲ 60.8% |
| Non-recurring financial income76B | €55,835 | €53,945 | €60,950 | €61,226 | €67,236 | ▲ 9.8% |
| Financial charges65/66B | €529,671 | €527,852 | €641,530 | €641,165 | €628,998 | ▼ 1.9% |
| Recurring financial charges65 | €496,960 | €527,852 | €616,583 | €614,868 | €624,336 | ▲ 1.5% |
| Non-recurring financial charges66B | €32,711 | - | €24,946 | €26,297 | €4,663 | ▼ 82.3% |
| Profit (loss) for the period before taxes9903 | €434,880 | €801,747 | €432,336 | €568,233 | €702,202 | ▲ 23.6% |
| Income taxes67/77 | €115,564 | €215,497 | €103,708 | €143,848 | €189,138 | ▲ 31.5% |
| Profit (loss) for the period9904 | €319,316 | €586,250 | €328,628 | €424,385 | €513,064 | ▲ 20.9% |
| Profit (loss) for the period to be appropriated9905 | €319,316 | €586,250 | €328,628 | €424,385 | €513,064 | ▲ 20.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28.1m | €26.0m | €26.3m | €26.8m | €27.5m | ▲ 2.7% |
| Fixed assets21/28 | €22.8m | €22.4m | €22.1m | €21.7m | €21.3m | ▼ 2.0% |
| Tangible fixed assets22/27 | €8.1m | €7.7m | €7.4m | €7.0m | €6.6m | ▼ 6.1% |
| Land and buildings22 | €8.0m | €7.7m | €7.3m | €6.9m | €6.5m | ▼ 5.8% |
| Furniture and vehicles24 | €16,438 | €8,219 | €114,779 | €92,492 | €65,963 | ▼ 28.7% |
| Financial fixed assets28 | €14.7m | €14.7m | €14.7m | €14.7m | €14.7m | = |
| Current assets29/58 | €5.3m | €3.6m | €4.2m | €5.1m | €6.2m | ▲ 22.5% |
| Amounts receivable within one year40/41 | €51,739 | €44,659 | €83,187 | €70,054 | €90,986 | ▲ 29.9% |
| Trade receivables40 | €31,490 | €20,481 | €18,935 | €7,260 | €14,919 | ▲ 106% |
| Other amounts receivable41 | €20,249 | €24,178 | €64,252 | €62,795 | €76,067 | ▲ 21.1% |
| Current investments50/53 | €3.1m | €1.2m | €3.0m | €3.4m | €4.6m | ▲ 33.3% |
| Cash at bank and in hand54/58 | €1.1m | €1.4m | €458,174 | €1.1m | €160,137 | ▼ 85.9% |
| Deferred charges and accrued income490/1 | €1.0m | €930,876 | €688,179 | €407,451 | €1.4m | ▲ 232% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28.1m | €26.0m | €26.3m | €26.8m | €27.5m | ▲ 2.7% |
| Equity10/15 | €12.9m | €13.5m | €13.8m | €14.2m | €14.7m | ▲ 3.6% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | €12.8m | €13.4m | €13.7m | €14.2m | €14.7m | ▲ 3.6% |
| Provisions and deferred taxes16 | €8.9m | €10.5m | €10.5m | €10.6m | €10.2m | ▼ 3.1% |
| Provisions for liabilities and charges160/5 | €8.9m | €10.5m | €10.5m | €10.6m | €10.2m | ▼ 3.1% |
| Pensions and similar obligations160 | - | - | - | - | €10.2m | - |
| Other liabilities and charges164/5 | €8.9m | €10.5m | €10.5m | €10.6m | - | - |
| Amounts payable17/49 | €6.2m | €2.1m | €2.0m | €2.0m | €2.5m | ▲ 26.5% |
| Amounts payable after more than one year17 | €163,985 | €164,015 | €164,015 | €164,015 | €164,255 | ▲ 0.1% |
| Other amounts payable178/9 | €163,985 | €164,015 | €164,015 | €164,015 | €164,255 | ▲ 0.1% |
| Amounts payable within one year42/48 | €6.1m | €1.9m | €1.8m | €1.8m | €2.4m | ▲ 29.6% |
| Trade debts44 | €64,008 | €118,387 | €67,758 | €70,203 | €72,107 | ▲ 2.7% |
| Suppliers440/4 | €64,008 | €118,387 | €67,758 | €70,203 | €72,107 | ▲ 2.7% |
| Taxes, remuneration and social security45 | €80,671 | €68,212 | €58,679 | €36,814 | €71,428 | ▲ 94.0% |
| Taxes450/3 | €80,671 | €68,212 | €58,451 | €36,581 | €71,182 | ▲ 94.6% |
| Remuneration and social security454/9 | - | - | €228 | €233 | €246 | ▲ 5.8% |
| Other amounts payable47/48 | €5.9m | €1.7m | €1.7m | €1.7m | €2.2m | ▲ 29.3% |
| Accrued charges and deferred income492/3 | €721 | €466 | €31,619 | €35,700 | €31,533 | ▼ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €319,316 | €586,250 | €328,628 | €424,385 | €513,064 | ▲ 20.9% |
| + Depreciation and write-downs630 | €401,159 | €407,664 | €417,722 | €426,144 | €425,407 | ▼ 0.2% |
| Operating cash flow (approximation) | €720,476 | €993,914 | €746,349 | €850,529 | €938,472 | ▲ 10.3% |
| Investment in fixed assets (approximation) | - | -€32,408 | -€128,589 | -€41,990 | €0 | ▲ 100% |
| Change in cash | - | €329,820 | -€967,141 | €677,457 | -€975,494 | ▼ 244% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.89
Current ratio from 0.87 to 1.89; short-term debt falls from €6.1m to €1.9m.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €222,390 ▼10.2%
Net result drops to €222,390, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lier · 1 establishment unit since 1993
Ground area
3,766 m²
Building footprint
1,262 m²
Volume, LiDAR
7,862 m³
2 parcels, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Dorpsstraat 17, 2590 Berlaar
since 19932.063.527.520
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12002D0117/00E000 | Flanders | 2,075 m² | 1 · 1,016 m² | 11.5 m · 1 fl. |
| 12393F0003/00P000 | Flanders | 1,690 m² | 1 · 245 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
99.87%
According to the 2025 annual accounts of GOFRA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
254900TN7NDPGIZCQ653
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. 1,684 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded11-05-1993
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0450073466
Registered
17-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.