't 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.
't PARK
Largest movements
- Cash -€15,346
down €15,346 (-8.7%), from €176,891 to €161,545
mainly Tax, wage and social debts (-€10,854) and Investment in fixed assets (net) (-€9,517)
- Receivables within one year -€11,157
down €11,157 (-56.9%), from €19,596 to €8,439
of which Other amounts receivable: -€9,550
- Tangible fixed assets +€7,975
up €7,975 (+91.6%), from €8,703 to €16,678
- Tax, wage and social debts -€10,854
down €10,854 (-38.3%), from €28,346 to €17,492
of which Remuneration and social security: -€8,269
- Trade debts -€5,856
down €5,856 (-31.4%), from €18,636 to €12,780
- Other debts -€3,709
down €3,709 (-17.1%), from €21,715 to €18,006
- Gross operating margin -€26,456
down €26,456 (-16.2%), from €163,781 to €137,325
- Taxes -€7,942
down €7,942 (-84.5%), from €9,401 to €1,459
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
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 | €219,927 | €201,214 | -€18,713 | -8.5% |
| Fixed assets | 21/28 | €8,783 | €16,758 | +€7,975 | +90.8% |
| Tangible fixed assets | 22/27 | €8,703 | €16,678 | +€7,975 | +91.6% |
| Plant, machinery and equipment | 23 | €8,703 | €16,678 | +€7,975 | +91.6% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €211,145 | €184,457 | -€26,688 | -12.6% |
| Stocks and contracts in progress | 3 | €8,187 | €6,386 | -€1,801 | -22.0% |
| Stocks | 30/36 | €8,187 | €6,386 | -€1,801 | -22.0% |
| Amounts receivable within one year | 40/41 | €19,596 | €8,439 | -€11,157 | -56.9% |
| Trade receivables | 40 | €2,695 | €1,088 | -€1,607 | -59.6% |
| Other amounts receivable | 41 | €16,901 | €7,351 | -€9,550 | -56.5% |
| Cash at bank and in hand | 54/58 | €176,891 | €161,545 | -€15,346 | -8.7% |
| Deferred charges and accrued income | 490/1 | €6,471 | €8,087 | +€1,616 | +25.0% |
| Total equity and liabilities | 10/49 | €219,927 | €201,214 | -€18,713 | -8.5% |
| Equity | 10/15 | €142,984 | €144,165 | +€1,181 | +0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €135,676 | €136,857 | +€1,181 | +0.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €135,676 | €136,857 | +€1,181 | +0.9% |
| Profit (loss) carried forward | 14 | €1,108 | €1,108 | = | 0.0% |
| Amounts payable | 17/49 | €76,943 | €57,049 | -€19,894 | -25.9% |
| Amounts payable within one year | 42/48 | €71,408 | €51,506 | -€19,903 | -27.9% |
| Trade debts | 44 | €18,636 | €12,780 | -€5,856 | -31.4% |
| Suppliers | 440/4 | €18,636 | €12,780 | -€5,856 | -31.4% |
| Advances received on contracts in progress | 46 | €2,712 | €3,228 | +€516 | +19.0% |
| Taxes, remuneration and social security | 45 | €28,346 | €17,492 | -€10,854 | -38.3% |
| Taxes | 450/3 | €12,375 | €9,790 | -€2,585 | -20.9% |
| Remuneration and social security | 454/9 | €15,971 | €7,702 | -€8,269 | -51.8% |
| Other amounts payable | 47/48 | €21,715 | €18,006 | -€3,709 | -17.1% |
| Accrued charges and deferred income | 492/3 | €5,535 | €5,543 | +€8 | +0.2% |
| Non-recurring operating income | 76A | €7,240 | €0 | -€7,240 | -100% |
| Remuneration, social security and pensions | 62 | €127,380 | €127,983 | +€603 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,429 | €1,543 | +€114 | +8.0% |
| Other operating charges | 640/8 | €3,206 | €2,467 | -€739 | -23.1% |
| Gross operating margin | 9900 | €163,781 | €137,325 | -€26,456 | -16.2% |
| Operating profit (loss) | 9901 | €31,766 | €5,332 | -€26,433 | -83.2% |
| Financial income | 75/76B | €910 | €1,493 | +€583 | +64.0% |
| Recurring financial income | 75 | €910 | €1,493 | +€583 | +64.0% |
| Financial charges | 65/66B | €4,646 | €4,185 | -€461 | -9.9% |
| Recurring financial charges | 65 | €4,646 | €4,185 | -€461 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €28,030 | €2,640 | -€25,390 | -90.6% |
| Income taxes | 67/77 | €9,401 | €1,459 | -€7,942 | -84.5% |
| Profit (loss) for the period | 9904 | €18,629 | €1,181 | -€17,448 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,629 | €1,181 | -€17,448 | -93.7% |
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 26 October 2026 via checked.be.