WILLIAM PARKER: 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.
What changed
WILLIAM PARKER
NACE 43.990, Other specialised construction activities
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€51,105
2023 · €44,199+€6,907
Equity
€309,308
2023 · €258,203+€51,105
Cash
€38,821
2023 · €37,593+€1,228
Balance sheet total
€492,347
2023 · €469,191+€23,155
Largest movements
Assets
- Receivables within one year +€46,601
up €46,601 (+55.7%), from €83,715 to €130,317
of which Other amounts receivable: +€33,114
- Tangible fixed assets -€29,858
down €29,858 (-21.4%), from €139,229 to €109,371
Equity and liabilities
- Profit (loss) carried forward +€51,105
up €51,105 (+22.1%), from €231,080 to €282,186
- Debts after one year -€19,167
down €19,167 (-33.0%), from €58,032 to €38,866
- Trade debts -€16,793
down €16,793 (-60.0%), from €27,975 to €11,182
- Tax, wage and social debts +€10,098
up €10,098 (+73.0%), from €13,837 to €23,935
of which Taxes: +€14,586
Income statement
- Staff costs -€38,887
down €38,887 (-74.0%), from €52,568 to €13,681
- Depreciation +€14,778
up €14,778 (+63.0%), from €23,467 to €38,244
- Gross operating margin -€12,040
down €12,040 (-8.7%), from €137,749 to €125,708
- Taxes +€6,790
up €6,790 (+45.2%), from €15,027 to €21,817
- Financial income +€2,848
up €2,848 (+44.4%), from €6,418 to €9,266
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
€44,199
Gross operating margin
-€12,040
Staff costs
+€38,887
Depreciation
-€14,778
Other operating charges
-€2,215
Other operating items
+€74
Financial income
+€2,848
Financial charges
-€2,809
Taxes
-€6,790
Deferred taxes and other
+€3,729
Result 2024
€51,105
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€33,597
Investment
-€10,086
Financing
-€22,283
Cash 2023
€37,593
From operations (derived)
+€33,597
Net result for the year
+€51,105
Depreciation
+€38,244
Receivables within one year
-€46,601
Deferred charges and accrued income
-€3,484
Provisions
-€650
Trade debts
-€16,793
Tax, wage and social debts
+€10,098
Other debts
+€1,678
Investment (derived)
-€10,086
Investment in fixed assets (net)
-€10,086
Financing
-€22,283
Debts after one year
-€19,167
Current portion of long-term debt
-€3,116
Cash 2024
€38,821
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €469,191 | €492,347 | +€23,155 | +4.9% |
| Fixed assets | 21/28 | €139,229 | €111,071 | -€28,158 | -20.2% |
| Tangible fixed assets | 22/27 | €139,229 | €109,371 | -€29,858 | -21.4% |
| Plant, machinery and equipment | 23 | €52,782 | €41,135 | -€11,647 | -22.1% |
| Furniture and vehicles | 24 | €77,616 | €66,480 | -€11,136 | -14.3% |
| Leasing and similar rights | 25 | €6,490 | - | -€6,490 | |
| Other tangible fixed assets | 26 | €2,340 | €1,755 | -€585 | -25.0% |
| Financial fixed assets | 28 | - | €1,700 | +€1,700 | |
| Current assets | 29/58 | €329,962 | €381,276 | +€51,314 | +15.6% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €83,715 | €130,317 | +€46,601 | +55.7% |
| Trade receivables | 40 | €26,624 | €40,112 | +€13,488 | +50.7% |
| Other amounts receivable | 41 | €57,091 | €90,205 | +€33,114 | +58.0% |
| Cash at bank and in hand | 54/58 | €37,593 | €38,821 | +€1,228 | +3.3% |
| Deferred charges and accrued income | 490/1 | €88,654 | €92,138 | +€3,484 | +3.9% |
| Total equity and liabilities | 10/49 | €469,191 | €492,347 | +€23,155 | +4.9% |
| Equity | 10/15 | €258,203 | €309,308 | +€51,105 | +19.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €26,123 | €26,123 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,023 | €26,023 | = | 0.0% |
| Profit (loss) carried forward | 14 | €231,080 | €282,186 | +€51,105 | +22.1% |
| Provisions and deferred taxes | 16 | €91,079 | €90,429 | -€650 | -0.7% |
| Provisions for liabilities and charges | 160/5 | €88,000 | €88,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €88,000 | €88,000 | = | 0.0% |
| Deferred taxes | 168 | €3,079 | €2,429 | -€650 | -21.1% |
| Amounts payable | 17/49 | €119,909 | €92,609 | -€27,300 | -22.8% |
| Amounts payable after more than one year | 17 | €58,032 | €38,866 | -€19,167 | -33.0% |
| Financial debts | 170/4 | €58,032 | €38,866 | -€19,167 | -33.0% |
| Amounts payable within one year | 42/48 | €61,877 | €53,743 | -€8,133 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €20,065 | €16,949 | -€3,116 | -15.5% |
| Trade debts | 44 | €27,975 | €11,182 | -€16,793 | -60.0% |
| Suppliers | 440/4 | €27,975 | €11,182 | -€16,793 | -60.0% |
| Taxes, remuneration and social security | 45 | €13,837 | €23,935 | +€10,098 | +73.0% |
| Taxes | 450/3 | €7,826 | €22,412 | +€14,586 | +186% |
| Remuneration and social security | 454/9 | €6,010 | €1,523 | -€4,488 | -74.7% |
| Other amounts payable | 47/48 | - | €1,678 | +€1,678 | |
| Non-recurring operating income | 76A | €47,606 | €8,055 | -€39,551 | -83.1% |
| Remuneration, social security and pensions | 62 | €52,568 | €13,681 | -€38,887 | -74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,467 | €38,244 | +€14,778 | +63.0% |
| Other operating charges | 640/8 | €2,023 | €4,238 | +€2,215 | +109% |
| Non-recurring operating charges | 66A | €171 | €97 | -€74 | -43.5% |
| Gross operating margin | 9900 | €137,749 | €125,708 | -€12,040 | -8.7% |
| Operating profit (loss) | 9901 | €59,519 | €69,448 | +€9,929 | +16.7% |
| Financial income | 75/76B | €6,418 | €9,266 | +€2,848 | +44.4% |
| Recurring financial income | 75 | €6,418 | €9,266 | +€2,848 | +44.4% |
| Financial charges | 65/66B | €3,633 | €6,442 | +€2,809 | +77.3% |
| Recurring financial charges | 65 | €3,633 | €6,442 | +€2,809 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €62,305 | €72,272 | +€9,968 | +16.0% |
| Transfer from deferred taxes | 780 | €171 | €650 | +€479 | +280% |
| Transfer to deferred taxes | 680 | €3,250 | - | -€3,250 | |
| Income taxes | 67/77 | €15,027 | €21,817 | +€6,790 | +45.2% |
| Profit (loss) for the period | 9904 | €44,199 | €51,105 | +€6,907 | +15.6% |
| Transfer from tax-exempt reserves | 789 | €513 | - | -€513 | |
| Transfer to tax-exempt reserves | 689 | €9,750 | - | -€9,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,961 | €51,105 | +€16,144 | +46.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.