GOFRAME: 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.
GOFRAME
Largest movements
- Cash +€73,174
up €73,174 (+47.6%), from €153,731 to €226,904
mainly Net result for the year (+€125,966) and Other debts (+€16,790)
- Current investments +€24,336
up €24,336 (+12.0%), from €202,000 to €226,336
- Reserves +€125,000
up €125,000 (+28.5%), from €438,159 to €563,159
of which Distributable reserves: +€125,000
- Debts after one year -€31,351
down €31,351 (-100.0%), from €31,351 to €0
- Trade debts -€25,653
down €25,653 (-47.3%), from €54,195 to €28,542
- Other debts +€16,790
up €16,790 (+375.6%), from €4,470 to €21,260
- Gross operating margin +€12,900
up €12,900 (+6.2%), from €209,702 to €222,602
- Taxes -€9,307
down €9,307 (-16.0%), from €58,011 to €48,704
- Financial income +€4,813
up €4,813 (+367.4%), from €1,310 to €6,123
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 | €575,767 | €665,909 | +€90,142 | +15.7% |
| Fixed assets | 21/28 | €114,933 | €113,976 | -€957 | -0.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €5,109 | €4,152 | -€957 | -18.7% |
| Plant, machinery and equipment | 23 | - | €1,647 | +€1,647 | |
| Furniture and vehicles | 24 | €1,733 | €584 | -€1,149 | -66.3% |
| Other tangible fixed assets | 26 | €3,376 | €1,921 | -€1,455 | -43.1% |
| Financial fixed assets | 28 | €109,824 | €109,824 | = | 0.0% |
| Current assets | 29/58 | €460,834 | €551,933 | +€91,099 | +19.8% |
| Stocks and contracts in progress | 3 | €36,289 | €35,249 | -€1,041 | -2.9% |
| Stocks | 30/36 | €36,289 | €35,249 | -€1,041 | -2.9% |
| Amounts receivable within one year | 40/41 | €64,769 | €63,116 | -€1,653 | -2.6% |
| Trade receivables | 40 | €61,769 | €60,024 | -€1,746 | -2.8% |
| Other amounts receivable | 41 | €3,000 | €3,092 | +€92 | +3.1% |
| Current investments | 50/53 | €202,000 | €226,336 | +€24,336 | +12.0% |
| Cash at bank and in hand | 54/58 | €153,731 | €226,904 | +€73,174 | +47.6% |
| Deferred charges and accrued income | 490/1 | €4,045 | €328 | -€3,717 | -91.9% |
| Total equity and liabilities | 10/49 | €575,767 | €665,909 | +€90,142 | +15.7% |
| Equity | 10/15 | €459,442 | €585,408 | +€125,966 | +27.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €438,159 | €563,159 | +€125,000 | +28.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €436,299 | €561,299 | +€125,000 | +28.7% |
| Profit (loss) carried forward | 14 | €2,683 | €3,649 | +€966 | +36.0% |
| Amounts payable | 17/49 | €116,325 | €80,500 | -€35,825 | -30.8% |
| Amounts payable after more than one year | 17 | €31,351 | €0 | -€31,351 | -100.0% |
| Financial debts | 170/4 | €31,351 | €0 | -€31,351 | -100.0% |
| Amounts payable within one year | 42/48 | €84,974 | €80,500 | -€4,473 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €400 | €0 | -€400 | -100.0% |
| Trade debts | 44 | €54,195 | €28,542 | -€25,653 | -47.3% |
| Suppliers | 440/4 | €54,195 | €28,542 | -€25,653 | -47.3% |
| Taxes, remuneration and social security | 45 | €25,908 | €30,698 | +€4,790 | +18.5% |
| Taxes | 450/3 | €21,579 | €25,656 | +€4,076 | +18.9% |
| Remuneration and social security | 454/9 | €4,329 | €5,043 | +€714 | +16.5% |
| Other amounts payable | 47/48 | €4,470 | €21,260 | +€16,790 | +375.6% |
| Remuneration, social security and pensions | 62 | €39,811 | €41,540 | +€1,729 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,562 | €2,818 | -€1,743 | -38.2% |
| Other operating charges | 640/8 | €2,436 | €1,196 | -€1,239 | -50.9% |
| Gross operating margin | 9900 | €209,702 | €222,602 | +€12,900 | +6.2% |
| Operating profit (loss) | 9901 | €162,893 | €177,047 | +€14,154 | +8.7% |
| Financial income | 75/76B | €1,310 | €6,123 | +€4,813 | +367.4% |
| Recurring financial income | 75 | €1,310 | €6,123 | +€4,813 | +367.4% |
| Financial charges | 65/66B | €6,778 | €8,500 | +€1,722 | +25.4% |
| Recurring financial charges | 65 | €6,778 | €8,500 | +€1,722 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €157,425 | €174,670 | +€17,245 | +11.0% |
| Income taxes | 67/77 | €58,011 | €48,704 | -€9,307 | -16.0% |
| Profit (loss) for the period | 9904 | €99,414 | €125,966 | +€26,552 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €99,414 | €125,966 | +€26,552 | +26.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.