PARKWIND: 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.
What changed
PARKWIND
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€118.7m
2023 · €24.2m+€94.5m
Equity
€514.4m
2023 · €396.1m+€118.3m
Cash
€12.3m
2023 · €12.4m-€155,641
Balance sheet total
€541.2m
2023 · €421.8m+€119.4m
Largest movements
Assets
- Receivables within one year +€139.4m
up €139.4m (+1110.4%), from €12.6m to €151.9m
of which Other amounts receivable: +€136.2m
- Current investments -€20.5m
no longer reported in 2024 (was €20.5m)
Equity and liabilities
- Profit (loss) carried forward +€111.8m
up €111.8m (+72.7%), from €153.7m to €265.4m
- Reserves +€5.9m
up €5.9m (+31.2%), from €19.0m to €25.0m
of which Non-distributable reserves: +€5.9m
Income statement
- Financial income +€94.5m
up €94.5m (+216.3%), from €43.7m to €138.2m
of which Non-recurring financial income: +€66.6m
- Turnover +€5.6m
up €5.6m (+21.7%), from €25.8m to €31.5m
- Services and other goods +€3.1m
up €3.1m (+12.6%), from €24.3m to €27.4m
- Staff costs +€2.4m
up €2.4m (+13.0%), from €18.1m to €20.4m
- Taxes +€784,206
up €784,206 (+1001.4%), from €78,315 to €862,521
From the 2023 result to the 2024 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 2023
€24.2m
Turnover
+€5.6m
Other operating income
+€134,190
Services and other goods
-€3.1m
Staff costs
-€2.4m
Depreciation
+€8,517
Other operating charges
-€15,819
Financial income
+€94.5m
Financial charges
+€450,489
Taxes
-€784,206
Result 2024
€118.7m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€17.3m
Investment
+€17.6m
Financing
-€536,301
Cash 2023
€12.4m
From operations (derived)
-€17.3m
Net result for the year
+€118.7m
Depreciation
+€442,795
Receivables within one year
-€139.4m
Deferred charges and accrued income
+€1.7m
Smaller working-capital items
+€237,935
Tax, wage and social debts
+€992,678
Investment (derived)
+€17.6m
Investment in fixed assets (net)
-€2.9m
Current investments
+€20.5m
Financing
-€536,301
Debts after one year
-€68,300
Contributions, distributions and other
-€468,001
Cash 2024
€12.3m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €421,811,670 | €541,237,267 | +€119.4m | +28.3% |
| Fixed assets | 21/28 | €364,156,484 | €366,566,496 | +€2.4m | +0.7% |
| Intangible fixed assets | 21 | €80,088 | €40,829 | -€39,259 | -49.0% |
| Tangible fixed assets | 22/27 | €3,042,293 | €3,282,264 | +€239,971 | +7.9% |
| Plant, machinery and equipment | 23 | €33,772 | €81,343 | +€47,571 | +140.9% |
| Furniture and vehicles | 24 | €331,122 | €252,642 | -€78,480 | -23.7% |
| Other tangible fixed assets | 26 | €930,826 | €769,581 | -€161,245 | -17.3% |
| Assets under construction and advance payments | 27 | €1,746,572 | €2,178,698 | +€432,126 | +24.7% |
| Financial fixed assets | 28 | €361,034,103 | €363,243,403 | +€2.2m | +0.6% |
| Affiliated companies | 280/1 | €319,976,838 | €346,731,560 | +€26.8m | +8.4% |
| Participating interests | 280 | €121,007,580 | €140,237,301 | +€19.2m | +15.9% |
| Amounts receivable | 281 | €198,969,258 | €206,494,260 | +€7.5m | +3.8% |
| Companies linked by participating interests | 282/3 | €41,057,265 | €16,511,843 | -€24.5m | -59.8% |
| Participating interests | 282 | €26,295,562 | €2,095,711 | -€24.2m | -92.0% |
| Amounts receivable | 283 | €14,761,703 | €14,416,132 | -€345,571 | -2.3% |
| Current assets | 29/58 | €57,655,185 | €174,670,771 | +€117.0m | +203.0% |
| Amounts receivable within one year | 40/41 | €12,551,745 | €151,920,949 | +€139.4m | +1110.4% |
| Trade receivables | 40 | €5,026,066 | €8,176,377 | +€3.2m | +62.7% |
| Other amounts receivable | 41 | €7,525,679 | €143,744,572 | +€136.2m | +1810.1% |
| Current investments | 50/53 | €20,500,000 | - | -€20.5m | |
| Other investments | 51/53 | €20,500,000 | - | -€20.5m | |
| Cash at bank and in hand | 54/58 | €12,448,633 | €12,292,992 | -€155,641 | -1.3% |
| Deferred charges and accrued income | 490/1 | €12,154,807 | €10,456,829 | -€1.7m | -14.0% |
| Total equity and liabilities | 10/49 | €421,811,670 | €541,237,267 | +€119.4m | +28.3% |
| Equity | 10/15 | €396,094,823 | €514,358,107 | +€118.3m | +29.9% |
| Contributions | 10/11 | €223,320,966 | €223,320,966 | = | 0.0% |
| Capital | 10 | €223,320,966 | €223,320,966 | = | 0.0% |
| Issued capital | 100 | €223,320,966 | €223,320,966 | = | 0.0% |
| Reserves | 13 | €19,016,478 | €24,953,043 | +€5.9m | +31.2% |
| Non-distributable reserves | 130/1 | €11,061,203 | €16,997,768 | +€5.9m | +53.7% |
| Legal reserve | 130 | €11,061,203 | €16,997,768 | +€5.9m | +53.7% |
| Distributable reserves | 133 | €7,955,275 | €7,955,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,693,285 | €265,444,269 | +€111.8m | +72.7% |
| Investment grants | 15 | €64,093 | €639,830 | +€575,736 | +898.3% |
| Provisions and deferred taxes | 16 | €21,364 | €213,277 | +€191,912 | +898.3% |
| Deferred taxes | 168 | €21,364 | €213,277 | +€191,912 | +898.3% |
| Amounts payable | 17/49 | €25,695,482 | €26,665,883 | +€970,400 | +3.8% |
| Amounts payable after more than one year | 17 | €15,000,000 | €14,931,700 | -€68,300 | -0.5% |
| Financial debts | 170/4 | €15,000,000 | €14,931,700 | -€68,300 | -0.5% |
| Other loans | 174 | €15,000,000 | €14,931,700 | -€68,300 | -0.5% |
| Amounts payable within one year | 42/48 | €8,677,308 | €9,658,128 | +€980,820 | +11.3% |
| Trade debts | 44 | €4,130,534 | €3,873,325 | -€257,209 | -6.2% |
| Suppliers | 440/4 | €4,130,534 | €3,873,325 | -€257,209 | -6.2% |
| Taxes, remuneration and social security | 45 | €3,746,347 | €4,739,025 | +€992,678 | +26.5% |
| Taxes | 450/3 | €591,555 | €1,101,549 | +€509,994 | +86.2% |
| Remuneration and social security | 454/9 | €3,154,792 | €3,637,475 | +€482,684 | +15.3% |
| Other amounts payable | 47/48 | €800,426 | €1,045,778 | +€245,351 | +30.7% |
| Accrued charges and deferred income | 492/3 | €2,018,175 | €2,076,055 | +€57,880 | +2.9% |
| Operating income | 70/76A | €26,473,261 | €32,222,124 | +€5.7m | +21.7% |
| Turnover | 70 | €25,838,436 | €31,453,110 | +€5.6m | +21.7% |
| Other operating income | 74 | €634,824 | €769,014 | +€134,190 | +21.1% |
| Operating charges | 60/66A | €42,941,865 | €48,378,097 | +€5.4m | +12.7% |
| Services and other goods | 61 | €24,333,277 | €27,402,174 | +€3.1m | +12.6% |
| Remuneration, social security and pensions | 62 | €18,089,502 | €20,449,534 | +€2.4m | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451,312 | €442,795 | -€8,517 | -1.9% |
| Other operating charges | 640/8 | €67,775 | €83,594 | +€15,819 | +23.3% |
| Operating profit (loss) | 9901 | -€16,468,604 | -€16,155,973 | +€312,631 | +1.9% |
| Financial income | 75/76B | €43,698,174 | €138,202,484 | +€94.5m | +216.3% |
| Recurring financial income | 75 | €43,698,174 | €71,621,348 | +€27.9m | +63.9% |
| Income from financial fixed assets | 750 | €43,288,687 | €70,148,341 | +€26.9m | +62.0% |
| Income from current assets | 751 | €259,011 | €1,283,101 | +€1.0m | +395.4% |
| Other financial income | 752/9 | €150,476 | €189,906 | +€39,430 | +26.2% |
| Non-recurring financial income | 76B | - | €66,581,137 | +€66.6m | |
| Financial charges | 65/66B | €2,903,193 | €2,452,704 | -€450,489 | -15.5% |
| Recurring financial charges | 65 | €2,903,193 | €2,452,704 | -€450,489 | -15.5% |
| Debt charges | 650 | €2,314,560 | €1,040,613 | -€1.3m | -55.0% |
| Other financial charges | 652/9 | €588,634 | €1,412,091 | +€823,458 | +139.9% |
| Profit (loss) for the period before taxes | 9903 | €24,326,377 | €119,593,806 | +€95.3m | +391.6% |
| Income taxes | 67/77 | €78,315 | €862,521 | +€784,206 | +1001.4% |
| Taxes | 670/3 | €78,315 | €862,521 | +€784,206 | +1001.4% |
| Profit (loss) for the period | 9904 | €24,248,062 | €118,731,285 | +€94.5m | +389.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,248,062 | €118,731,285 | +€94.5m | +389.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.