Park2: what changed
Two fiscal 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.
Park2
Largest movements
- Receivables within one year -€19,321
down €19,321 (-14.8%), from €130,604 to €111,283
of which Trade receivables: -€12,876
- Tangible fixed assets -€16,457
down €16,457 (-30.2%), from €54,433 to €37,977
of which Plant, machinery and equipment: -€15,736
- Deferred charges and accrued income -€3,000
no longer reported in 2025 (was €3,000)
- Reserves -€31,636
down €31,636 (-30.7%), from €102,957 to €71,321
of which Distributable reserves: -€32,144
- Trade debts -€12,740
down €12,740 (-33.0%), from €38,629 to €25,888
- Tax, wage and social debts +€12,454
up €12,454 (+156.7%), from €7,946 to €20,400
of which Taxes: +€7,674
- Provisions -€10,373
down €10,373 (-66.7%), from €15,560 to €5,186
- Profit (loss) carried forward +€8,656
up €8,656 (+398.6%), from €2,172 to €10,828
- Turnover +€256,836
new in 2025: €256,836
- Purchases and services +€235,079
new in 2025: €235,079
- Gross operating margin -€29,623
down €29,623 (-57.7%), from €51,380 to €21,757
- Staff costs -€26,346
down €26,346 (-45.2%), from €58,254 to €31,908
- Taxes -€3,488
down €3,488 (-99.6%), from €3,500 to €13
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 | €197,037 | €158,306 | -€38,732 | -19.7% |
| Fixed assets | 21/28 | €54,433 | €37,977 | -€16,457 | -30.2% |
| Tangible fixed assets | 22/27 | €54,433 | €37,977 | -€16,457 | -30.2% |
| Plant, machinery and equipment | 23 | €52,992 | €37,256 | -€15,736 | -29.7% |
| Furniture and vehicles | 24 | €1,442 | €721 | -€721 | -50.0% |
| Current assets | 29/58 | €142,604 | €120,329 | -€22,275 | -15.6% |
| Stocks and contracts in progress | 3 | €9,000 | €9,000 | = | 0.0% |
| Stocks | 30/36 | €9,000 | €9,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €130,604 | €111,283 | -€19,321 | -14.8% |
| Trade receivables | 40 | €12,876 | - | -€12,876 | |
| Other amounts receivable | 41 | €117,729 | €111,283 | -€6,446 | -5.5% |
| Cash at bank and in hand | 54/58 | - | €46 | +€46 | |
| Deferred charges and accrued income | 490/1 | €3,000 | - | -€3,000 | |
| Total equity and liabilities | 10/49 | €197,037 | €158,306 | -€38,732 | -19.7% |
| Equity | 10/15 | €123,721 | €100,741 | -€22,980 | -18.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €102,957 | €71,321 | -€31,636 | -30.7% |
| Non-distributable reserves | 130/1 | €23,359 | €1,859 | -€21,500 | -92.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €21,500 | - | -€21,500 | |
| Tax-exempt reserves | 132 | €47,454 | €69,462 | +€22,007 | +46.4% |
| Distributable reserves | 133 | €32,144 | - | -€32,144 | |
| Profit (loss) carried forward | 14 | €2,172 | €10,828 | +€8,656 | +398.6% |
| Provisions and deferred taxes | 16 | €15,560 | €5,186 | -€10,373 | -66.7% |
| Deferred taxes | 168 | €15,560 | €5,186 | -€10,373 | -66.7% |
| Amounts payable | 17/49 | €57,757 | €52,379 | -€5,378 | -9.3% |
| Amounts payable after more than one year | 17 | €6,123 | - | -€6,123 | |
| Financial debts | 170/4 | €6,123 | - | -€6,123 | |
| Amounts payable within one year | 42/48 | €51,634 | €52,379 | +€745 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €4,684 | €6,091 | +€1,406 | +30.0% |
| Financial debts | 43 | €375 | - | -€375 | |
| Credit institutions | 430/8 | €375 | - | -€375 | |
| Trade debts | 44 | €38,629 | €25,888 | -€12,740 | -33.0% |
| Suppliers | 440/4 | €38,629 | €25,888 | -€12,740 | -33.0% |
| Taxes, remuneration and social security | 45 | €7,946 | €20,400 | +€12,454 | +156.7% |
| Taxes | 450/3 | €2,907 | €10,582 | +€7,674 | +264.0% |
| Remuneration and social security | 454/9 | €5,038 | €9,818 | +€4,780 | +94.9% |
| Turnover | 70 | - | €256,836 | +€256,836 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €235,079 | +€235,079 | |
| Remuneration, social security and pensions | 62 | €58,254 | €31,908 | -€26,346 | -45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,523 | €16,457 | -€67 | -0.4% |
| Other operating charges | 640/8 | €135 | €289 | +€154 | +114.1% |
| Gross operating margin | 9900 | €51,380 | €21,757 | -€29,623 | -57.7% |
| Operating profit (loss) | 9901 | -€23,532 | -€26,896 | -€3,364 | -14.3% |
| Financial charges | 65/66B | €5,487 | €6,444 | +€957 | +17.4% |
| Recurring financial charges | 65 | €5,487 | €6,444 | +€957 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,020 | -€33,341 | -€4,321 | -14.9% |
| Transfer from deferred taxes | 780 | €10,373 | €10,373 | = | 0.0% |
| Income taxes | 67/77 | €3,500 | €13 | -€3,488 | -99.6% |
| Profit (loss) for the period | 9904 | -€22,147 | -€22,980 | -€834 | -3.8% |
| Transfer from tax-exempt reserves | 789 | €31,636 | €31,636 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,490 | €8,656 | -€834 | -8.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.