PARK: 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.
PARK
Largest movements
- Cash -€484,599
down €484,599 (-91.6%), from €529,263 to €44,664
mainly Current investments (-€400,000) and Other debts (-€95,125)
- Current investments +€400,000
new in 2023: €400,000
- Receivables within one year -€31,416
down €31,416 (-58.5%), from €53,747 to €22,330
of which Other amounts receivable: -€30,164
- Stocks and contracts -€22,209
down €22,209 (-72.9%), from €30,446 to €8,236
- Other debts -€95,125
down €95,125 (-89.0%), from €106,871 to €11,745
- Profit (loss) carried forward -€35,720
down €35,720 (-3.8%), from €948,668 to €912,948
- Gross operating margin -€35,339
down €35,339 (-283.2%), from -€12,479 to -€47,818
- Financial income +€10,560
up €10,560 (+171.8%), from €6,146 to €16,706
- Taxes +€1,430
up €1,430 (+2814.8%), from €51 to €1,481
- Depreciation +€947
up €947 (+109.9%), from €862 to €1,809
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,093,951 | €957,734 | -€136,217 | -12.5% |
| Fixed assets | 21/28 | €326,562 | €332,320 | +€5,759 | +1.8% |
| Tangible fixed assets | 22/27 | €326,363 | €332,122 | +€5,759 | +1.8% |
| Land and buildings | 22 | €324,091 | €323,485 | -€606 | -0.2% |
| Furniture and vehicles | 24 | €2,273 | €8,637 | +€6,365 | +280.1% |
| Other tangible fixed assets | 26 | €0 | €0 | -€0 | -100.0% |
| Financial fixed assets | 28 | €198 | €198 | = | 0.0% |
| Current assets | 29/58 | €767,389 | €625,413 | -€141,976 | -18.5% |
| Amounts receivable after more than one year | 29 | €153,089 | €144,037 | -€9,052 | -5.9% |
| Other amounts receivable | 291 | €153,089 | €144,037 | -€9,052 | -5.9% |
| Stocks and contracts in progress | 3 | €30,446 | €8,236 | -€22,209 | -72.9% |
| Stocks | 30/36 | €30,446 | €8,236 | -€22,209 | -72.9% |
| Amounts receivable within one year | 40/41 | €53,747 | €22,330 | -€31,416 | -58.5% |
| Trade receivables | 40 | €11,702 | €10,449 | -€1,253 | -10.7% |
| Other amounts receivable | 41 | €42,045 | €11,881 | -€30,164 | -71.7% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €529,263 | €44,664 | -€484,599 | -91.6% |
| Deferred charges and accrued income | 490/1 | €845 | €6,145 | +€5,301 | +627.6% |
| Total equity and liabilities | 10/49 | €1,093,951 | €957,734 | -€136,217 | -12.5% |
| Equity | 10/15 | €969,128 | €933,408 | -€35,720 | -3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €948,668 | €912,948 | -€35,720 | -3.8% |
| Amounts payable | 17/49 | €124,823 | €24,326 | -€100,497 | -80.5% |
| Amounts payable within one year | 42/48 | €120,467 | €22,163 | -€98,305 | -81.6% |
| Trade debts | 44 | €7,662 | €7,969 | +€307 | +4.0% |
| Suppliers | 440/4 | €7,662 | €7,969 | +€307 | +4.0% |
| Taxes, remuneration and social security | 45 | €5,935 | €2,448 | -€3,486 | -58.7% |
| Taxes | 450/3 | €5,935 | €2,448 | -€3,486 | -58.7% |
| Other amounts payable | 47/48 | €106,871 | €11,745 | -€95,125 | -89.0% |
| Accrued charges and deferred income | 492/3 | €4,356 | €2,163 | -€2,192 | -50.3% |
| Non-recurring operating income | 76A | - | €180 | +€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €862 | €1,809 | +€947 | +109.9% |
| Other operating charges | 640/8 | €519 | €808 | +€289 | +55.6% |
| Non-recurring operating charges | 66A | €332 | €0 | -€332 | -100.0% |
| Gross operating margin | 9900 | -€12,479 | -€47,818 | -€35,339 | -283.2% |
| Operating profit (loss) | 9901 | -€14,192 | -€50,435 | -€36,243 | -255.4% |
| Financial income | 75/76B | €6,146 | €16,706 | +€10,560 | +171.8% |
| Recurring financial income | 75 | €6,146 | €16,706 | +€10,560 | +171.8% |
| Financial charges | 65/66B | €564 | €511 | -€53 | -9.5% |
| Recurring financial charges | 65 | €564 | €511 | -€53 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,610 | -€34,239 | -€25,630 | -297.7% |
| Income taxes | 67/77 | €51 | €1,481 | +€1,430 | +2814.8% |
| Profit (loss) for the period | 9904 | -€8,661 | -€35,720 | -€27,060 | -312.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,661 | -€35,720 | -€27,060 | -312.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.