GOSSELIN-WDP: 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.
GOSSELIN-WDP
Largest movements
- Tangible fixed assets +€32.9m
up €32.9m (+96.9%), from €34.0m to €66.9m
of which Land and buildings: +€25.3m
- Debts after one year +€34.0m
up €34.0m (+211%), from €16.1m to €50.0m
- Trade debts -€5.6m
down €5.6m (-88.6%), from €6.4m to €726,419
- Contributions +€3.3m
up €3.3m (+29.5%), from €11.2m to €14.5m
- Current portion of long-term debt +€810,000
up €810,000 (+94.1%), from €861,000 to €1.7m
- Short-term financial debts +€700,000
new in 2025: €700,000
- Turnover +€1.8m
up €1.8m (+194%), from €940,583 to €2.8m
- Gross operating margin +€1.7m
up €1.7m (+339%), from €490,885 to €2.2m
- Depreciation +€957,795
up €957,795 (+179%), from €536,326 to €1.5m
- Financial charges +€653,127
up €653,127 (+289%), from €225,814 to €878,941
- Purchases and services +€163,923
up €163,923 (+36.5%), from €449,698 to €613,621
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,536,243 | €67,643,423 | +€33.1m | +95.9% |
| Fixed assets | 21/28 | €33,962,628 | €66,878,391 | +€32.9m | +96.9% |
| Tangible fixed assets | 22/27 | €33,962,628 | €66,878,391 | +€32.9m | +96.9% |
| Land and buildings | 22 | €27,506,855 | €52,841,673 | +€25.3m | +92.1% |
| Assets under construction and advance payments | 27 | €6,455,773 | €14,036,718 | +€7.6m | +117% |
| Current assets | 29/58 | €573,615 | €765,032 | +€191,417 | +33.4% |
| Amounts receivable within one year | 40/41 | €300,073 | €514,760 | +€214,687 | +71.5% |
| Trade receivables | 40 | €221,181 | €483,812 | +€262,631 | +119% |
| Other amounts receivable | 41 | €78,892 | €30,948 | -€47,944 | -60.8% |
| Current investments | 50/53 | €257,993 | €230,948 | -€27,045 | -10.5% |
| Deferred charges and accrued income | 490/1 | €15,549 | €19,324 | +€3,775 | +24.3% |
| Total equity and liabilities | 10/49 | €34,536,243 | €67,643,423 | +€33.1m | +95.9% |
| Equity | 10/15 | €10,933,667 | €14,013,539 | +€3.1m | +28.2% |
| Contributions | 10/11 | €11,200,000 | €14,500,000 | +€3.3m | +29.5% |
| Capital | 10 | €11,200,000 | €14,500,000 | +€3.3m | +29.5% |
| Issued capital | 100 | €11,200,000 | €14,500,000 | +€3.3m | +29.5% |
| Profit (loss) carried forward | 14 | -€266,333 | -€486,461 | -€220,128 | -82.7% |
| Amounts payable | 17/49 | €23,602,576 | €53,629,884 | +€30.0m | +127% |
| Amounts payable after more than one year | 17 | €16,077,247 | €50,045,370 | +€34.0m | +211% |
| Financial debts | 170/4 | €16,077,247 | €50,045,370 | +€34.0m | +211% |
| Amounts payable within one year | 42/48 | €7,278,899 | €3,197,622 | -€4.1m | -56.1% |
| Current portion of amounts payable after more than one year | 42 | €861,000 | €1,671,000 | +€810,000 | +94.1% |
| Financial debts | 43 | - | €700,000 | +€700,000 | |
| Credit institutions | 430/8 | - | €700,000 | +€700,000 | |
| Trade debts | 44 | €6,359,322 | €726,419 | -€5.6m | -88.6% |
| Suppliers | 440/4 | €6,359,322 | €726,419 | -€5.6m | -88.6% |
| Other amounts payable | 47/48 | €58,577 | €100,203 | +€41,626 | +71.1% |
| Accrued charges and deferred income | 492/3 | €246,430 | €386,892 | +€140,462 | +57.0% |
| Turnover | 70 | €940,583 | €2,767,615 | +€1.8m | +194% |
| Goods, raw materials, services and sundry goods | 60/61 | €449,698 | €613,621 | +€163,923 | +36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €536,326 | €1,494,121 | +€957,795 | +179% |
| Other operating charges | 640/8 | €640 | €1,060 | +€420 | +65.6% |
| Gross operating margin | 9900 | €490,885 | €2,153,994 | +€1.7m | +339% |
| Operating profit (loss) | 9901 | -€46,081 | €658,813 | +€704,894 | |
| Financial income | 75/76B | €7,946 | €0 | -€7,946 | -100% |
| Recurring financial income | 75 | €7,946 | €0 | -€7,946 | -100% |
| Financial charges | 65/66B | €225,814 | €878,941 | +€653,127 | +289% |
| Recurring financial charges | 65 | €225,814 | €878,941 | +€653,127 | +289% |
| Profit (loss) for the period before taxes | 9903 | -€263,949 | -€220,128 | +€43,821 | +16.6% |
| Income taxes | 67/77 | €2,384 | - | -€2,384 | |
| Profit (loss) for the period | 9904 | -€266,333 | -€220,128 | +€46,205 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€266,333 | -€220,128 | +€46,205 | +17.3% |
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 1 November 2026 via checked.be.