GOFI: 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.
GOFI
Largest movements
- Intangible fixed assets -€111,112
down €111,112 (-20.0%), from €555,746 to €444,634
- Cash -€23,848
down €23,848 (-39.6%), from €60,199 to €36,351
mainly Contributions, distributions and other (-€254,000) and Debts after one year (-€111,467)
- Debts after one year -€111,467
down €111,467 (-23.1%), from €482,315 to €370,848
- Tax, wage and social debts -€32,804
no longer reported in 2025 (was €32,804)
of which Taxes: -€32,484
- Financial income +€16,815
up €16,815 (+1833.8%), from €917 to €17,732
- Gross operating margin -€15,236
down €15,236 (-3.3%), from €459,190 to €443,954
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 | €1,196,458 | €1,062,208 | -€134,250 | -11.2% |
| Fixed assets | 21/28 | €580,640 | €464,239 | -€116,401 | -20.0% |
| Intangible fixed assets | 21 | €555,746 | €444,634 | -€111,112 | -20.0% |
| Tangible fixed assets | 22/27 | €24,894 | €19,605 | -€5,289 | -21.2% |
| Land and buildings | 22 | €9,066 | €7,657 | -€1,409 | -15.5% |
| Plant, machinery and equipment | 23 | €7,171 | €5,541 | -€1,630 | -22.7% |
| Furniture and vehicles | 24 | €8,656 | €6,407 | -€2,250 | -26.0% |
| Current assets | 29/58 | €615,818 | €597,969 | -€17,849 | -2.9% |
| Amounts receivable within one year | 40/41 | €287,158 | €289,162 | +€2,003 | +0.7% |
| Trade receivables | 40 | €283,775 | €262,024 | -€21,752 | -7.7% |
| Other amounts receivable | 41 | €3,383 | €27,138 | +€23,755 | +702.1% |
| Current investments | 50/53 | €260,629 | €261,454 | +€825 | +0.3% |
| Cash at bank and in hand | 54/58 | €60,199 | €36,351 | -€23,848 | -39.6% |
| Deferred charges and accrued income | 490/1 | €7,832 | €11,003 | +€3,171 | +40.5% |
| Total equity and liabilities | 10/49 | €1,196,458 | €1,062,208 | -€134,250 | -11.2% |
| Equity | 10/15 | €326,091 | €325,863 | -€228 | -0.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €315,550 | €315,550 | = | 0.0% |
| Distributable reserves | 133 | €315,550 | €315,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €541 | €313 | -€228 | -42.1% |
| Amounts payable | 17/49 | €870,367 | €736,345 | -€134,022 | -15.4% |
| Amounts payable after more than one year | 17 | €482,315 | €370,848 | -€111,467 | -23.1% |
| Financial debts | 170/4 | €482,315 | €370,848 | -€111,467 | -23.1% |
| Amounts payable within one year | 42/48 | €388,052 | €365,497 | -€22,555 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €110,248 | €111,467 | +€1,219 | +1.1% |
| Trade debts | 44 | - | €30 | +€30 | |
| Suppliers | 440/4 | - | €30 | +€30 | |
| Taxes, remuneration and social security | 45 | €32,804 | - | -€32,804 | |
| Taxes | 450/3 | €32,484 | - | -€32,484 | |
| Remuneration and social security | 454/9 | €320 | - | -€320 | |
| Other amounts payable | 47/48 | €245,000 | €254,000 | +€9,000 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,287 | €117,230 | -€2,057 | -1.7% |
| Other operating charges | 640/8 | €357 | €311 | -€46 | -12.9% |
| Gross operating margin | 9900 | €459,190 | €443,954 | -€15,236 | -3.3% |
| Operating profit (loss) | 9901 | €339,547 | €326,413 | -€13,133 | -3.9% |
| Financial income | 75/76B | €917 | €17,732 | +€16,815 | +1833.8% |
| Recurring financial income | 75 | €917 | €17,732 | +€16,815 | +1833.8% |
| Financial charges | 65/66B | €7,381 | €6,152 | -€1,229 | -16.7% |
| Recurring financial charges | 65 | €7,381 | €6,152 | -€1,229 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €333,083 | €337,994 | +€4,911 | +1.5% |
| Income taxes | 67/77 | €87,684 | €84,222 | -€3,462 | -3.9% |
| Profit (loss) for the period | 9904 | €245,399 | €253,772 | +€8,373 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €245,399 | €253,772 | +€8,373 | +3.4% |
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 9 October 2026 via checked.be.