GOLIFRA: 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.
GOLIFRA
Largest movements
- Receivables within one year -€5,273
down €5,273 (-62.4%), from €8,443 to €3,171
of which Trade receivables: -€3,229
- Deferred charges and accrued income -€1,663
down €1,663 (-95.9%), from €1,734 to €71
- Tangible fixed assets -€750
down €750 (-34.7%), from €2,160 to €1,410
- Profit (loss) carried forward -€51,338
down €51,338, from €849 to -€50,488
- Other debts +€23,850
up €23,850 (+1278.6%), from €1,865 to €25,715
- Trade debts +€10,113
up €10,113 (+37.4%), from €27,052 to €37,165
- Tax, wage and social debts +€9,652
up €9,652 (+105.8%), from €9,122 to €18,774
of which Remuneration and social security: +€11,521
- Staff costs +€71,234
up €71,234 (+308.3%), from €23,102 to €94,336
- Gross operating margin +€21,821
up €21,821 (+89.6%), from €24,355 to €46,176
- Financial charges +€2,336
up €2,336 (+30452.2%), from €8 to €2,343
- Depreciation +€660
up €660 (+733.3%), from €90 to €750
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 | €43,991 | €36,165 | -€7,826 | -17.8% |
| Fixed assets | 21/28 | €2,160 | €1,410 | -€750 | -34.7% |
| Tangible fixed assets | 22/27 | €2,160 | €1,410 | -€750 | -34.7% |
| Furniture and vehicles | 24 | €2,160 | €1,410 | -€750 | -34.7% |
| Current assets | 29/58 | €41,831 | €34,755 | -€7,076 | -16.9% |
| Stocks and contracts in progress | 3 | €10,560 | €10,560 | = | 0.0% |
| Stocks | 30/36 | €10,560 | €10,560 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,443 | €3,171 | -€5,273 | -62.4% |
| Trade receivables | 40 | €5,199 | €1,971 | -€3,229 | -62.1% |
| Other amounts receivable | 41 | €3,244 | €1,200 | -€2,044 | -63.0% |
| Cash at bank and in hand | 54/58 | €21,094 | €20,953 | -€140 | -0.7% |
| Deferred charges and accrued income | 490/1 | €1,734 | €71 | -€1,663 | -95.9% |
| Total equity and liabilities | 10/49 | €43,991 | €36,165 | -€7,826 | -17.8% |
| Equity | 10/15 | €5,849 | -€45,488 | -€51,338 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €849 | -€50,488 | -€51,338 | |
| Amounts payable | 17/49 | €38,142 | €81,654 | +€43,512 | +114.1% |
| Amounts payable within one year | 42/48 | €38,039 | €81,654 | +€43,614 | +114.7% |
| Trade debts | 44 | €27,052 | €37,165 | +€10,113 | +37.4% |
| Suppliers | 440/4 | €27,052 | €37,165 | +€10,113 | +37.4% |
| Taxes, remuneration and social security | 45 | €9,122 | €18,774 | +€9,652 | +105.8% |
| Taxes | 450/3 | €7,057 | €5,188 | -€1,869 | -26.5% |
| Remuneration and social security | 454/9 | €2,065 | €13,586 | +€11,521 | +557.9% |
| Other amounts payable | 47/48 | €1,865 | €25,715 | +€23,850 | +1278.6% |
| Accrued charges and deferred income | 492/3 | €103 | - | -€103 | |
| Non-recurring operating income | 76A | - | €2,475 | +€2,475 | |
| Remuneration, social security and pensions | 62 | €23,102 | €94,336 | +€71,234 | +308.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90 | €750 | +€660 | +733.3% |
| Other operating charges | 640/8 | - | €85 | +€85 | |
| Gross operating margin | 9900 | €24,355 | €46,176 | +€21,821 | +89.6% |
| Operating profit (loss) | 9901 | €1,163 | -€48,995 | -€50,157 | |
| Financial charges | 65/66B | €8 | €2,343 | +€2,336 | +30452.2% |
| Recurring financial charges | 65 | €8 | €2,343 | +€2,336 | +30452.2% |
| Profit (loss) for the period before taxes | 9903 | €1,155 | -€51,338 | -€52,493 | |
| Income taxes | 67/77 | €306 | - | -€306 | |
| Profit (loss) for the period | 9904 | €849 | -€51,338 | -€52,187 | |
| Profit (loss) for the period to be appropriated | 9905 | €849 | -€51,338 | -€52,187 |
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.