PAKAWI PARK: what changed
What changed
PAKAWI PARK
NACE 91.420, Libraries, archives, museums and other cultural activities
filed annual accounts (NBB)
Net result for the year
€298,431
2024 · €59,497+€238,934
Equity
€995,694
2024 · €697,263+€298,431
Cash
€368,990
2024 · €98,514+€270,476
Balance sheet total
€3.5m
2024 · €3.4m+€16,560
Largest movements
Assets
- Cash +€270,476
up €270,476 (+275%), from €98,514 to €368,990
mainly Depreciation (+€354,354) and Net result for the year (+€298,431)
- Tangible fixed assets -€220,069
down €220,069 (-8.2%), from €2.7m to €2.5m
of which Land and buildings: -€137,697
- Stocks and contracts -€53,932
down €53,932 (-10.0%), from €537,687 to €483,756
Equity and liabilities
- Reserves +€298,431
up €298,431 (+44.0%), from €678,663 to €977,094
of which Distributable reserves: +€298,431
- Debts after one year -€159,578
down €159,578 (-11.3%), from €1.4m to €1.3m
of which Financial debts: -€590,831
- Short-term financial debts -€100,932
down €100,932 (-20.7%), from €487,028 to €386,096
- Other debts +€64,598
up €64,598 (+18.7%), from €346,263 to €410,860
- Trade debts -€57,753
down €57,753 (-30.0%), from €192,549 to €134,796
Income statement
- Staff costs -€233,908
down €233,908 (-15.3%), from €1.5m to €1.3m
- Taxes -€131,852
down €131,852, from €0 to -€131,852
- Gross operating margin -€119,564
down €119,564 (-5.9%), from €2.0m to €1.9m
- Depreciation +€55,388
up €55,388 (+18.5%), from €298,966 to €354,354
- Financial income +€33,119
up €33,119 (+970%), from €3,413 to €36,533
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€59,497
Gross operating margin
-€119,564
Staff costs
+€233,908
Depreciation
-€55,388
Other operating charges
+€8,183
Other operating items
+€9,521
Financial income
+€33,119
Financial charges
-€2,698
Taxes
+€131,852
Result 2025
€298,431
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€641,965
Investment
-€130,185
Financing
-€241,304
Cash 2024
€98,514
From operations (derived)
+€641,965
Net result for the year
+€298,431
Depreciation
+€354,354
Stocks and contracts
+€53,932
Receivables within one year
-€26,830
Deferred charges and accrued income
+€2,646
Trade debts
-€57,753
Tax, wage and social debts
-€26,818
Advances received
-€21,562
Other debts
+€64,598
Accrued charges and deferred income
+€970
Investment (derived)
-€130,185
Investment in fixed assets (net)
-€130,185
Financing
-€241,304
Debts after one year
-€159,578
Current portion of long-term debt
+€19,206
Short-term financial debts
-€100,932
Cash 2025
€368,990
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,446,280 | €3,462,839 | +€16,560 | +0.5% |
| Fixed assets | 21/28 | €2,694,727 | €2,470,558 | -€224,169 | -8.3% |
| Intangible fixed assets | 21 | €4,100 | €0 | -€4,100 | -100% |
| Tangible fixed assets | 22/27 | €2,690,627 | €2,470,558 | -€220,069 | -8.2% |
| Land and buildings | 22 | €2,258,896 | €2,121,199 | -€137,697 | -6.1% |
| Plant, machinery and equipment | 23 | €324,752 | €275,402 | -€49,350 | -15.2% |
| Furniture and vehicles | 24 | €106,980 | €73,958 | -€33,022 | -30.9% |
| Current assets | 29/58 | €751,552 | €992,281 | +€240,729 | +32.0% |
| Stocks and contracts in progress | 3 | €537,687 | €483,756 | -€53,932 | -10.0% |
| Stocks | 30/36 | €537,687 | €483,756 | -€53,932 | -10.0% |
| Amounts receivable within one year | 40/41 | €106,444 | €133,274 | +€26,830 | +25.2% |
| Trade receivables | 40 | €34,163 | €39,905 | +€5,742 | +16.8% |
| Other amounts receivable | 41 | €72,281 | €93,369 | +€21,088 | +29.2% |
| Cash at bank and in hand | 54/58 | €98,514 | €368,990 | +€270,476 | +275% |
| Deferred charges and accrued income | 490/1 | €8,907 | €6,262 | -€2,646 | -29.7% |
| Total equity and liabilities | 10/49 | €3,446,280 | €3,462,839 | +€16,560 | +0.5% |
| Equity | 10/15 | €697,263 | €995,694 | +€298,431 | +42.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €678,663 | €977,094 | +€298,431 | +44.0% |
| 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 | €676,803 | €975,234 | +€298,431 | +44.1% |
| Amounts payable | 17/49 | €2,749,017 | €2,467,146 | -€281,871 | -10.3% |
| Amounts payable after more than one year | 17 | €1,412,676 | €1,253,097 | -€159,578 | -11.3% |
| Financial debts | 170/4 | €1,412,676 | €821,845 | -€590,831 | -41.8% |
| Other amounts payable | 178/9 | - | €431,253 | +€431,253 | |
| Amounts payable within one year | 42/48 | €1,336,041 | €1,212,779 | -€123,262 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €113,600 | €132,806 | +€19,206 | +16.9% |
| Financial debts | 43 | €487,028 | €386,096 | -€100,932 | -20.7% |
| Credit institutions | 430/8 | €487,028 | €386,096 | -€100,932 | -20.7% |
| Trade debts | 44 | €192,549 | €134,796 | -€57,753 | -30.0% |
| Suppliers | 440/4 | €192,549 | €134,796 | -€57,753 | -30.0% |
| Advances received on contracts in progress | 46 | €21,562 | €0 | -€21,562 | -100% |
| Taxes, remuneration and social security | 45 | €175,039 | €148,220 | -€26,818 | -15.3% |
| Taxes | 450/3 | €6,203 | €0 | -€6,203 | -100% |
| Remuneration and social security | 454/9 | €168,835 | €148,220 | -€20,615 | -12.2% |
| Other amounts payable | 47/48 | €346,263 | €410,860 | +€64,598 | +18.7% |
| Accrued charges and deferred income | 492/3 | €300 | €1,270 | +€970 | +323% |
| Non-recurring operating income | 76A | €61,487 | €0 | -€61,487 | -100% |
| Remuneration, social security and pensions | 62 | €1,523,887 | €1,289,979 | -€233,908 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298,966 | €354,354 | +€55,388 | +18.5% |
| Other operating charges | 640/8 | €62,621 | €54,437 | -€8,183 | -13.1% |
| Non-recurring operating charges | 66A | €10,671 | €1,149 | -€9,521 | -89.2% |
| Gross operating margin | 9900 | €2,030,276 | €1,910,712 | -€119,564 | -5.9% |
| Operating profit (loss) | 9901 | €134,131 | €210,792 | +€76,661 | +57.2% |
| Financial income | 75/76B | €3,413 | €36,533 | +€33,119 | +970% |
| Recurring financial income | 75 | €3,413 | €36,533 | +€33,119 | +970% |
| Financial charges | 65/66B | €78,048 | €80,745 | +€2,698 | +3.5% |
| Recurring financial charges | 65 | €78,048 | €80,745 | +€2,698 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €59,497 | €166,579 | +€107,082 | +180% |
| Income taxes | 67/77 | €0 | -€131,852 | -€131,852 | |
| Profit (loss) for the period | 9904 | €59,497 | €298,431 | +€238,934 | +402% |
| Profit (loss) for the period to be appropriated | 9905 | €59,497 | €298,431 | +€238,934 | +402% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.