GOCRA: 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.
GOCRA
Largest movements
- Tangible fixed assets -€108,869
down €108,869 (-7.1%), from €1.5m to €1.4m
of which Land and buildings: -€84,848
- Cash +€52,239
up €52,239 (+75.7%), from €68,975 to €121,214
mainly Depreciation (+€108,938) and Trade debts (+€11,575)
- Other debts -€47,306
down €47,306 (-21.8%), from €217,207 to €169,901
- Debts after one year -€40,229
down €40,229 (-23.7%), from €169,410 to €129,182
- Gross operating margin -€23,400
down €23,400 (-16.0%), from €145,832 to €122,432
- Depreciation +€9,520
up €9,520 (+9.6%), from €99,418 to €108,938
- Financial income +€8,049
up €8,049 (+1019.2%), from €790 to €8,838
- Financial charges -€3,420
down €3,420 (-35.2%), from €9,719 to €6,299
- Taxes -€1,555
down €1,555 (-16.8%), from €9,254 to €7,700
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,683,475 | €1,616,177 | -€67,298 | -4.0% |
| Fixed assets | 21/28 | €1,606,735 | €1,488,387 | -€118,348 | -7.4% |
| Tangible fixed assets | 22/27 | €1,523,579 | €1,414,710 | -€108,869 | -7.1% |
| Land and buildings | 22 | €1,460,131 | €1,375,283 | -€84,848 | -5.8% |
| Furniture and vehicles | 24 | €63,448 | €39,427 | -€24,021 | -37.9% |
| Financial fixed assets | 28 | €83,156 | €73,677 | -€9,479 | -11.4% |
| Current assets | 29/58 | €76,741 | €127,790 | +€51,050 | +66.5% |
| Amounts receivable within one year | 40/41 | €7,766 | €6,577 | -€1,189 | -15.3% |
| Trade receivables | 40 | €7,020 | €4,090 | -€2,930 | -41.7% |
| Other amounts receivable | 41 | €746 | €2,487 | +€1,741 | +233.4% |
| Cash at bank and in hand | 54/58 | €68,975 | €121,214 | +€52,239 | +75.7% |
| Total equity and liabilities | 10/49 | €1,683,475 | €1,616,177 | -€67,298 | -4.0% |
| Equity | 10/15 | €1,256,859 | €1,265,131 | +€8,272 | +0.7% |
| Contributions | 10/11 | €1,122,000 | €1,122,000 | = | 0.0% |
| Reserves | 13 | €134,859 | €143,131 | +€8,272 | +6.1% |
| Distributable reserves | 133 | €134,859 | €143,131 | +€8,272 | +6.1% |
| Amounts payable | 17/49 | €426,616 | €351,046 | -€75,570 | -17.7% |
| Amounts payable after more than one year | 17 | €169,410 | €129,182 | -€40,229 | -23.7% |
| Financial debts | 170/4 | €169,410 | €129,182 | -€40,229 | -23.7% |
| Amounts payable within one year | 42/48 | €257,206 | €221,864 | -€35,342 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €39,839 | €40,229 | +€390 | +1.0% |
| Trade debts | 44 | €160 | €11,734 | +€11,575 | +7244.1% |
| Suppliers | 440/4 | €160 | €11,734 | +€11,575 | +7244.1% |
| Other amounts payable | 47/48 | €217,207 | €169,901 | -€47,306 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,418 | €108,938 | +€9,520 | +9.6% |
| Other operating charges | 640/8 | €543 | €62 | -€481 | -88.6% |
| Gross operating margin | 9900 | €145,832 | €122,432 | -€23,400 | -16.0% |
| Operating profit (loss) | 9901 | €45,871 | €13,432 | -€32,439 | -70.7% |
| Financial income | 75/76B | €790 | €8,838 | +€8,049 | +1019.2% |
| Recurring financial income | 75 | €790 | €8,838 | +€8,049 | +1019.2% |
| Financial charges | 65/66B | €9,719 | €6,299 | -€3,420 | -35.2% |
| Recurring financial charges | 65 | €9,719 | €6,299 | -€3,420 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €36,942 | €15,971 | -€20,970 | -56.8% |
| Income taxes | 67/77 | €9,254 | €7,700 | -€1,555 | -16.8% |
| Profit (loss) for the period | 9904 | €27,687 | €8,272 | -€19,416 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,687 | €8,272 | -€19,416 | -70.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.