'T Park Development: 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 Development
Largest movements
- Stocks and contracts -€9.7m
down €9.7m (-86.3%), from €11.2m to €1.5m
- Financial fixed assets +€3.0m
up €3.0m (+22.5%), from €13.2m to €16.1m
- Receivables within one year +€830,724
up €830,724 (+117%), from €711,838 to €1.5m
- Advances received -€6.2m
down €6.2m (-100%), from €6.2m to €0
- Trade debts +€1.2m
up €1.2m (+160%), from €760,556 to €2.0m
- Profit (loss) carried forward -€533,115
down €533,115 (-10.5%), from -€5.1m to -€5.6m
- Tax, wage and social debts -€377,153
down €377,153 (-38.6%), from €977,400 to €600,247
- Gross operating margin -€2.1m
down €2.1m, from €852,788 to -€1.2m
- Financial income +€313,640
up €313,640 (+68.3%), from €459,342 to €772,982
- Taxes +€83,518
new in 2025: €83,518
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 | €25,086,163 | €19,239,208 | -€5.8m | -23.3% |
| Fixed assets | 21/28 | €13,152,871 | €16,113,139 | +€3.0m | +22.5% |
| Financial fixed assets | 28 | €13,152,871 | €16,113,139 | +€3.0m | +22.5% |
| Current assets | 29/58 | €11,933,292 | €3,126,069 | -€8.8m | -73.8% |
| Stocks and contracts in progress | 3 | €11,221,454 | €1,542,621 | -€9.7m | -86.3% |
| Stocks | 30/36 | €11,221,454 | €1,542,621 | -€9.7m | -86.3% |
| Amounts receivable within one year | 40/41 | €711,838 | €1,542,562 | +€830,724 | +117% |
| Trade receivables | 40 | €711,838 | €1,542,562 | +€830,724 | +117% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | - | €40,886 | +€40,886 | |
| Total equity and liabilities | 10/49 | €25,086,163 | €19,239,208 | -€5.8m | -23.3% |
| Equity | 10/15 | €17,193,935 | €16,660,821 | -€533,115 | -3.1% |
| Contributions | 10/11 | €22,262,000 | €22,262,000 | = | 0.0% |
| Capital | 10 | €21,162,000 | €21,162,000 | = | 0.0% |
| Issued capital | 100 | €21,162,000 | €21,162,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Share premium | 1100/10 | €1,100,000 | €1,100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,068,065 | -€5,601,179 | -€533,115 | -10.5% |
| Amounts payable | 17/49 | €7,892,228 | €2,578,388 | -€5.3m | -67.3% |
| Amounts payable within one year | 42/48 | €7,892,228 | €2,578,388 | -€5.3m | -67.3% |
| Trade debts | 44 | €760,556 | €1,978,141 | +€1.2m | +160% |
| Suppliers | 440/4 | €760,556 | €1,978,141 | +€1.2m | +160% |
| Advances received on contracts in progress | 46 | €6,154,272 | €0 | -€6.2m | -100% |
| Taxes, remuneration and social security | 45 | €977,400 | €600,247 | -€377,153 | -38.6% |
| Taxes | 450/3 | €977,400 | €600,247 | -€377,153 | -38.6% |
| Other operating charges | 640/8 | €5,278 | €998 | -€4,279 | -81.1% |
| Gross operating margin | 9900 | €852,788 | -€1,221,103 | -€2.1m | |
| Operating profit (loss) | 9901 | €847,510 | -€1,222,102 | -€2.1m | |
| Financial income | 75/76B | €459,342 | €772,982 | +€313,640 | +68.3% |
| Recurring financial income | 75 | €459,342 | €772,982 | +€313,640 | +68.3% |
| Financial charges | 65/66B | €363 | €477 | +€114 | +31.3% |
| Recurring financial charges | 65 | €363 | €477 | +€114 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €1,306,489 | -€449,596 | -€1.8m | |
| Income taxes | 67/77 | - | €83,518 | +€83,518 | |
| Profit (loss) for the period | 9904 | €1,306,489 | -€533,115 | -€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,306,489 | -€533,115 | -€1.8m |
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 16 October 2026 via checked.be.