GOFATRA: what changed
Two fiscal 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.
GOFATRA
Largest movements
- Tangible fixed assets -€160,013
down €160,013 (-4.9%), from €3.3m to €3.1m
of which Land and buildings: -€137,156
- Profit (loss) carried forward -€158,889
down €158,889 (-23.0%), from €690,821 to €531,932
- Trade debts -€86,600
down €86,600 (-51.9%), from €166,816 to €80,216
- Other debts +€42,999
up €42,999 (+1.9%), from €2.2m to €2.3m
- Staff costs +€211,882
up €211,882 (+84.6%), from €250,389 to €462,271
- Gross operating margin +€57,205
up €57,205 (+11.5%), from €496,742 to €553,947
- Financial charges -€32,087
down €32,087 (-42.5%), from €75,478 to €43,391
of which Financial charges: -€30,671
- Other operating charges +€29,994
up €29,994 (+173.3%), from €17,310 to €47,304
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.
Cash bridge derived
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 | €3,376,238 | €3,189,547 | -€186,691 | -5.5% |
| Fixed assets | 21/28 | €3,339,431 | €3,179,264 | -€160,167 | -4.8% |
| Tangible fixed assets | 22/27 | €3,298,947 | €3,138,934 | -€160,013 | -4.9% |
| Land and buildings | 22 | €3,175,725 | €3,038,569 | -€137,156 | -4.3% |
| Plant, machinery and equipment | 23 | €113,222 | €100,365 | -€12,857 | -11.4% |
| Furniture and vehicles | 24 | €10,000 | - | -€10,000 | |
| Financial fixed assets | 28 | €40,484 | €40,330 | -€154 | -0.4% |
| Current assets | 29/58 | €36,807 | €10,283 | -€26,524 | -72.1% |
| Amounts receivable within one year | 40/41 | - | €3,669 | +€3,669 | |
| Trade receivables | 40 | - | €3,669 | +€3,669 | |
| Cash at bank and in hand | 54/58 | €36,807 | €6,614 | -€30,193 | -82.0% |
| Total equity and liabilities | 10/49 | €3,376,239 | €3,189,547 | -€186,692 | -5.5% |
| Equity | 10/15 | €920,164 | €761,275 | -€158,889 | -17.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €198,356 | €198,356 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €195,257 | €195,257 | = | 0.0% |
| Profit (loss) carried forward | 14 | €690,821 | €531,932 | -€158,889 | -23.0% |
| Amounts payable | 17/49 | €2,456,075 | €2,428,272 | -€27,803 | -1.1% |
| Amounts payable within one year | 42/48 | €2,456,075 | €2,428,272 | -€27,803 | -1.1% |
| Trade debts | 44 | €166,816 | €80,216 | -€86,600 | -51.9% |
| Suppliers | 440/4 | €166,816 | €80,216 | -€86,600 | -51.9% |
| Taxes, remuneration and social security | 45 | €65,576 | €81,374 | +€15,798 | +24.1% |
| Taxes | 450/3 | €43,511 | €27,615 | -€15,896 | -36.5% |
| Remuneration and social security | 454/9 | €22,065 | €53,759 | +€31,694 | +143.6% |
| Other amounts payable | 47/48 | €2,223,683 | €2,266,682 | +€42,999 | +1.9% |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €250,389 | €462,271 | +€211,882 | +84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,043 | €160,013 | +€2,970 | +1.9% |
| Other operating charges | 640/8 | €17,310 | €47,304 | +€29,994 | +173.3% |
| Gross operating margin | 9900 | €496,742 | €553,947 | +€57,205 | +11.5% |
| Operating profit (loss) | 9901 | €72,000 | -€115,641 | -€187,641 | |
| Financial income | 75/76B | €3,967 | €144 | -€3,823 | -96.4% |
| Recurring financial income | 75 | €3,967 | €144 | -€3,823 | -96.4% |
| Financial charges | 65/66B | €75,478 | €43,391 | -€32,087 | -42.5% |
| Recurring financial charges | 65 | €74,062 | €43,391 | -€30,671 | -41.4% |
| Non-recurring financial charges | 66B | €1,416 | - | -€1,416 | |
| Profit (loss) for the period before taxes | 9903 | €489 | -€158,888 | -€159,377 | |
| Profit (loss) for the period | 9904 | €489 | -€158,888 | -€159,377 | |
| Profit (loss) for the period to be appropriated | 9905 | €489 | -€158,888 | -€159,377 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.