El Gofre: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
El Gofre
Largest movements
- Cash -€64,193
down €64,193 (-81.8%), from €78,519 to €14,326
mainly Receivables after one year (-€60,000) and Net result for the year (-€9,917)
- Receivables after one year +€60,000
new in 2025: €60,000
- Tangible fixed assets -€5,394
down €5,394 (-15.4%), from €35,021 to €29,628
- Profit (loss) carried forward -€9,917
down €9,917 (-22.2%), from -€44,588 to -€54,505
- Gross operating margin -€1,855
down €1,855 (-80.7%), from -€2,298 to -€4,153
- Financial income +€162
up €162 (+27.8%), from €585 to €747
- Financial charges +€48
up €48 (+39.2%), from €122 to €170
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,412 | €105,495 | -€9,917 | -8.6% |
| Fixed assets | 21/28 | €35,612 | €29,897 | -€5,714 | -16.0% |
| Intangible fixed assets | 21 | €590 | €270 | -€321 | -54.3% |
| Tangible fixed assets | 22/27 | €35,021 | €29,628 | -€5,394 | -15.4% |
| Plant, machinery and equipment | 23 | €35,021 | €29,628 | -€5,394 | -15.4% |
| Current assets | 29/58 | €79,800 | €75,597 | -€4,203 | -5.3% |
| Amounts receivable after more than one year | 29 | - | €60,000 | +€60,000 | |
| Other amounts receivable | 291 | - | €60,000 | +€60,000 | |
| Amounts receivable within one year | 40/41 | €1,281 | €524 | -€757 | -59.1% |
| Other amounts receivable | 41 | €1,281 | €524 | -€757 | -59.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €78,519 | €14,326 | -€64,193 | -81.8% |
| Deferred charges and accrued income | 490/1 | - | €747 | +€747 | |
| Total equity and liabilities | 10/49 | €115,412 | €105,495 | -€9,917 | -8.6% |
| Equity | 10/15 | €115,412 | €105,495 | -€9,917 | -8.6% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,588 | -€54,505 | -€9,917 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,714 | €5,714 | = | 0.0% |
| Other operating charges | 640/8 | €603 | €626 | +€24 | +3.9% |
| Gross operating margin | 9900 | -€2,298 | -€4,153 | -€1,855 | -80.7% |
| Operating profit (loss) | 9901 | -€8,615 | -€10,494 | -€1,879 | -21.8% |
| Financial income | 75/76B | €585 | €747 | +€162 | +27.8% |
| Recurring financial income | 75 | €585 | €747 | +€162 | +27.8% |
| Financial charges | 65/66B | €122 | €170 | +€48 | +39.2% |
| Recurring financial charges | 65 | €122 | €170 | +€48 | +39.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,153 | -€9,917 | -€1,764 | -21.6% |
| Profit (loss) for the period | 9904 | -€8,153 | -€9,917 | -€1,764 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,153 | -€9,917 | -€1,764 | -21.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.