Gosselin: 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.
What changed
Gosselin
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4.2m
2024 · €9.6m-€5.4m
Equity
€42.1m
2024 · €37.9m+€4.2m
Cash
€825,669
2024 · €6.1m-€5.2m
Balance sheet total
€45.8m
2024 · €41.5m+€4.3m
Largest movements
Assets
- Cash -€5.2m
down €5.2m (-86.4%), from €6.1m to €825,669
mainly Receivables within one year (-€5.1m) and Investment in fixed assets (net) (-€2.8m)
- Receivables within one year +€5.1m
up €5.1m (+1326.8%), from €387,638 to €5.5m
of which Other amounts receivable: +€4.7m
- Tangible fixed assets +€2.7m
up €2.7m (+390.1%), from €701,467 to €3.4m
of which Land and buildings: +€2.7m
- Current investments +€1.6m
up €1.6m (+13.6%), from €11.6m to €13.1m
Equity and liabilities
- Reserves +€4.2m
up €4.2m (+15.0%), from €28.0m to €32.1m
Income statement
- Financial income -€4.9m
down €4.9m (-53.5%), from €9.2m to €4.3m
of which Non-recurring financial income: -€2.9m
- Turnover +€814,780
up €814,780 (+52.9%), from €1.5m to €2.4m
- Staff costs +€707,567
up €707,567 (+99.3%), from €712,884 to €1.4m
- Services and other goods +€340,427
up €340,427 (+69.3%), from €491,196 to €831,623
- Taxes -€101,963
down €101,963 (-52.3%), from €195,000 to €93,037
of which Taxes: -€115,561
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.
Result 2024
€9.6m
Turnover
+€814,780
Other operating income
+€9,672
Services and other goods
-€340,427
Staff costs
-€707,567
Depreciation
+€1,640
Other operating charges
-€3,721
Other operating items
-€310,936
Financial income
-€4.9m
Financial charges
-€54,318
Taxes
+€101,963
Result 2025
€4.2m
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.
From operations
-€752,820
Investment
-€4.3m
Financing
-€143,891
Cash 2024
€6.1m
From operations (derived)
-€752,820
Net result for the year
+€4.2m
Depreciation
+€2,899
Receivables after one year
+€9,622
Receivables within one year
-€5.1m
Deferred charges and accrued income
-€83,395
Trade debts
+€119,075
Tax, wage and social debts
+€131,777
Accrued charges and deferred income
+€24,438
Investment (derived)
-€4.3m
Investment in fixed assets (net)
-€2.8m
Current investments
-€1.6m
Financing
-€143,891
Debts after one year
-€30,526
Current portion of long-term debt
-€113,366
Contributions, distributions and other
+€0
Cash 2025
€825,669
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,500,545 | €45,817,845 | +€4.3m | +10.4% |
| Fixed assets | 21/28 | €23,292,866 | €26,050,669 | +€2.8m | +11.8% |
| Tangible fixed assets | 22/27 | €701,467 | €3,438,100 | +€2.7m | +390.1% |
| Land and buildings | 22 | - | €2,658,291 | +€2.7m | |
| Furniture and vehicles | 24 | €194,993 | €208,028 | +€13,035 | +6.7% |
| Other tangible fixed assets | 26 | €506,474 | €571,782 | +€65,308 | +12.9% |
| Financial fixed assets | 28 | €22,591,399 | €22,612,568 | +€21,169 | +0.1% |
| Affiliated companies | 280/1 | €22,282,480 | €22,293,849 | +€11,369 | +0.1% |
| Participating interests | 280 | €22,282,480 | €22,293,849 | +€11,369 | +0.1% |
| Companies linked by participating interests | 282/3 | €308,919 | €318,719 | +€9,800 | +3.2% |
| Participating interests | 282 | €308,919 | €318,719 | +€9,800 | +3.2% |
| Current assets | 29/58 | €18,207,679 | €19,767,176 | +€1.6m | +8.6% |
| Amounts receivable after more than one year | 29 | €188,261 | €178,639 | -€9,622 | -5.1% |
| Other amounts receivable | 291 | €188,261 | €178,639 | -€9,622 | -5.1% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €387,638 | €5,530,774 | +€5.1m | +1326.8% |
| Trade receivables | 40 | €253,505 | €659,067 | +€405,562 | +160.0% |
| Other amounts receivable | 41 | €134,133 | €4,871,707 | +€4.7m | +3532.0% |
| Current investments | 50/53 | €11,578,052 | €13,148,315 | +€1.6m | +13.6% |
| Other investments | 51/53 | €11,578,052 | €13,148,315 | +€1.6m | +13.6% |
| Cash at bank and in hand | 54/58 | €6,053,345 | €825,669 | -€5.2m | -86.4% |
| Deferred charges and accrued income | 490/1 | €383 | €83,778 | +€83,395 | +21774.1% |
| Total equity and liabilities | 10/49 | €41,500,545 | €45,817,845 | +€4.3m | +10.4% |
| Equity | 10/15 | €37,923,834 | €42,109,735 | +€4.2m | +11.0% |
| Contributions | 10/11 | €9,965,000 | €9,965,000 | = | 0.0% |
| Reserves | 13 | €27,958,834 | €32,144,735 | +€4.2m | +15.0% |
| Distributable reserves | 133 | €27,958,834 | €32,144,735 | +€4.2m | +15.0% |
| Amounts payable | 17/49 | €3,576,711 | €3,708,110 | +€131,399 | +3.7% |
| Amounts payable after more than one year | 17 | €3,141,223 | €3,110,697 | -€30,526 | -1.0% |
| Financial debts | 170/4 | €3,141,223 | €3,110,697 | -€30,526 | -1.0% |
| Credit institutions | 173 | €3,141,223 | €3,110,697 | -€30,526 | -1.0% |
| Amounts payable within one year | 42/48 | €435,488 | €572,975 | +€137,487 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €143,611 | €30,245 | -€113,366 | -78.9% |
| Trade debts | 44 | €119,588 | €238,663 | +€119,075 | +99.6% |
| Suppliers | 440/4 | €119,588 | €238,663 | +€119,075 | +99.6% |
| Taxes, remuneration and social security | 45 | €172,289 | €304,066 | +€131,777 | +76.5% |
| Taxes | 450/3 | €94,232 | €152,299 | +€58,067 | +61.6% |
| Remuneration and social security | 454/9 | €78,057 | €151,767 | +€73,710 | +94.4% |
| Accrued charges and deferred income | 492/3 | - | €24,438 | +€24,438 | |
| Operating income | 70/76A | €1,884,415 | €2,397,931 | +€513,516 | +27.3% |
| Turnover | 70 | €1,539,613 | €2,354,393 | +€814,780 | +52.9% |
| Other operating income | 74 | €15,597 | €25,269 | +€9,672 | +62.0% |
| Non-recurring operating income | 76A | €329,205 | €18,269 | -€310,936 | -94.5% |
| Operating charges | 60/66A | €1,215,702 | €2,265,777 | +€1.1m | +86.4% |
| Services and other goods | 61 | €491,196 | €831,623 | +€340,427 | +69.3% |
| Remuneration, social security and pensions | 62 | €712,884 | €1,420,451 | +€707,567 | +99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,539 | €2,899 | -€1,640 | -36.1% |
| Other operating charges | 640/8 | €7,083 | €10,804 | +€3,721 | +52.5% |
| Operating profit (loss) | 9901 | €668,713 | €132,154 | -€536,559 | -80.2% |
| Financial income | 75/76B | €9,192,138 | €4,273,971 | -€4.9m | -53.5% |
| Recurring financial income | 75 | €6,111,066 | €4,103,102 | -€2.0m | -32.9% |
| Income from financial fixed assets | 750 | €5,830,906 | €3,450,503 | -€2.4m | -40.8% |
| Income from current assets | 751 | €232,692 | €614,710 | +€382,018 | +164.2% |
| Other financial income | 752/9 | €47,468 | €37,889 | -€9,579 | -20.2% |
| Non-recurring financial income | 76B | €3,081,072 | €170,869 | -€2.9m | -94.5% |
| Financial charges | 65/66B | €72,869 | €127,187 | +€54,318 | +74.5% |
| Recurring financial charges | 65 | €72,869 | €127,187 | +€54,318 | +74.5% |
| Debt charges | 650 | €63,428 | €109,359 | +€45,931 | +72.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €9,441 | €8,472 | -€969 | -10.3% |
| Other financial charges | 652/9 | - | €9,356 | +€9,356 | |
| Profit (loss) for the period before taxes | 9903 | €9,787,982 | €4,278,937 | -€5.5m | -56.3% |
| Income taxes | 67/77 | €195,000 | €93,037 | -€101,963 | -52.3% |
| Taxes | 670/3 | €208,598 | €93,037 | -€115,561 | -55.4% |
| Tax adjustments and reversals of tax provisions | 77 | €13,598 | €0 | -€13,598 | -100.0% |
| Profit (loss) for the period | 9904 | €9,592,982 | €4,185,900 | -€5.4m | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,592,982 | €4,185,900 | -€5.4m | -56.4% |
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.