AHFIBIT: 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.
AHFIBIT
Largest movements
- Tangible fixed assets +€121,881
up €121,881 (+67.3%), from €181,103 to €302,985
of which Land and buildings: +€217,869
- Receivables within one year -€13,842
down €13,842 (-52.2%), from €26,510 to €12,668
of which Other amounts receivable: -€16,070
- Cash -€8,666
down €8,666 (-30.5%), from €28,424 to €19,758
mainly Investment in fixed assets (net) (-€130,240) and Contributions, distributions and other (-€23,529)
- Debts after one year +€90,457
up €90,457 (+62.6%), from €144,494 to €234,951
- Current portion of long-term debt +€9,119
new in 2025: €9,119
- Depreciation -€5,901
down €5,901 (-41.4%), from €14,259 to €8,358
- Gross operating margin -€4,426
down €4,426 (-7.5%), from €59,397 to €54,971
- Financial charges +€3,405
up €3,405 (+30.7%), from €11,098 to €14,503
- Taxes +€1,272
up €1,272 (+15.8%), from €8,036 to €9,308
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 | €238,775 | €338,616 | +€99,841 | +41.8% |
| Fixed assets | 21/28 | €181,103 | €302,985 | +€121,881 | +67.3% |
| Tangible fixed assets | 22/27 | €181,103 | €302,985 | +€121,881 | +67.3% |
| Land and buildings | 22 | €73,743 | €291,612 | +€217,869 | +295% |
| Plant, machinery and equipment | 23 | €2,787 | €3,762 | +€975 | +35.0% |
| Furniture and vehicles | 24 | €4,595 | €3,105 | -€1,489 | -32.4% |
| Other tangible fixed assets | 26 | €5,794 | €4,505 | -€1,289 | -22.3% |
| Assets under construction and advance payments | 27 | €94,184 | - | -€94,184 | |
| Current assets | 29/58 | €57,671 | €35,631 | -€22,040 | -38.2% |
| Amounts receivable within one year | 40/41 | €26,510 | €12,668 | -€13,842 | -52.2% |
| Trade receivables | 40 | €7,485 | €9,713 | +€2,228 | +29.8% |
| Other amounts receivable | 41 | €19,025 | €2,955 | -€16,070 | -84.5% |
| Cash at bank and in hand | 54/58 | €28,424 | €19,758 | -€8,666 | -30.5% |
| Deferred charges and accrued income | 490/1 | €2,738 | €3,205 | +€467 | +17.0% |
| Total equity and liabilities | 10/49 | €238,775 | €338,616 | +€99,841 | +41.8% |
| Equity | 10/15 | €90,129 | €88,252 | -€1,877 | -2.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,129 | €86,252 | -€1,877 | -2.1% |
| Amounts payable | 17/49 | €148,645 | €250,363 | +€101,718 | +68.4% |
| Amounts payable after more than one year | 17 | €144,494 | €234,951 | +€90,457 | +62.6% |
| Financial debts | 170/4 | €144,494 | €234,951 | +€90,457 | +62.6% |
| Amounts payable within one year | 42/48 | €4,151 | €15,413 | +€11,261 | +271% |
| Current portion of amounts payable after more than one year | 42 | - | €9,119 | +€9,119 | |
| Trade debts | 44 | €2,310 | €3,896 | +€1,586 | +68.7% |
| Suppliers | 440/4 | €2,310 | €3,896 | +€1,586 | +68.7% |
| Taxes, remuneration and social security | 45 | - | €2,398 | +€2,398 | |
| Taxes | 450/3 | - | €2,398 | +€2,398 | |
| Other amounts payable | 47/48 | €1,842 | - | -€1,842 | |
| Non-recurring operating income | 76A | €10,107 | - | -€10,107 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,259 | €8,358 | -€5,901 | -41.4% |
| Other operating charges | 640/8 | €780 | €1,179 | +€399 | +51.2% |
| Non-recurring operating charges | 66A | €246 | - | -€246 | |
| Gross operating margin | 9900 | €59,397 | €54,971 | -€4,426 | -7.5% |
| Operating profit (loss) | 9901 | €44,112 | €45,434 | +€1,322 | +3.0% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €11,098 | €14,503 | +€3,405 | +30.7% |
| Recurring financial charges | 65 | €11,098 | €14,503 | +€3,405 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €33,014 | €30,961 | -€2,053 | -6.2% |
| Income taxes | 67/77 | €8,036 | €9,308 | +€1,272 | +15.8% |
| Profit (loss) for the period | 9904 | €24,978 | €21,653 | -€3,325 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,978 | €21,653 | -€3,325 | -13.3% |
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.