F&F Construct Team: 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.
F&F Construct Team
Largest movements
- Receivables within one year +€17,810
up €17,810 (+197%), from €9,045 to €26,856
of which Trade receivables: +€18,446
- Tangible fixed assets +€2,972
up €2,972 (+277%), from €1,073 to €4,046
- Trade debts +€9,953
up €9,953 (+534%), from €1,863 to €11,816
- Profit (loss) carried forward +€6,188
up €6,188 (+80.0%), from €7,732 to €13,919
- Tax, wage and social debts +€4,393
up €4,393 (+170%), from €2,581 to €6,975
of which Remuneration and social security: +€4,399
- Turnover +€172,948
up €172,948 (+63.1%), from €273,933 to €446,882
- Purchases and services +€171,076
up €171,076 (+64.4%), from €265,549 to €436,625
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,676 | €33,210 | +€20,534 | +162% |
| Fixed assets | 21/28 | €1,073 | €4,046 | +€2,972 | +277% |
| Tangible fixed assets | 22/27 | €1,073 | €4,046 | +€2,972 | +277% |
| Plant, machinery and equipment | 23 | €1,073 | €4,046 | +€2,972 | +277% |
| Current assets | 29/58 | €11,603 | €29,164 | +€17,562 | +151% |
| Amounts receivable within one year | 40/41 | €9,045 | €26,856 | +€17,810 | +197% |
| Trade receivables | 40 | €6,838 | €25,284 | +€18,446 | +270% |
| Other amounts receivable | 41 | €2,207 | €1,572 | -€635 | -28.8% |
| Cash at bank and in hand | 54/58 | €2,557 | €2,309 | -€248 | -9.7% |
| Total equity and liabilities | 10/49 | €12,676 | €33,210 | +€20,534 | +162% |
| Equity | 10/15 | €8,232 | €14,419 | +€6,188 | +75.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,732 | €13,919 | +€6,188 | +80.0% |
| Amounts payable | 17/49 | €4,445 | €18,791 | +€14,346 | +323% |
| Amounts payable within one year | 42/48 | €4,445 | €18,791 | +€14,346 | +323% |
| Trade debts | 44 | €1,863 | €11,816 | +€9,953 | +534% |
| Suppliers | 440/4 | €1,863 | €11,816 | +€9,953 | +534% |
| Taxes, remuneration and social security | 45 | €2,581 | €6,975 | +€4,393 | +170% |
| Taxes | 450/3 | €2,154 | €2,148 | -€6 | -0.3% |
| Remuneration and social security | 454/9 | €427 | €4,827 | +€4,399 | +1,030% |
| Turnover | 70 | €273,933 | €446,882 | +€172,948 | +63.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €265,549 | €436,625 | +€171,076 | +64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18 | €665 | +€647 | +3,552% |
| Other operating charges | 640/8 | €269 | €408 | +€139 | +51.6% |
| Gross operating margin | 9900 | €8,384 | €10,257 | +€1,872 | +22.3% |
| Operating profit (loss) | 9901 | €8,097 | €9,184 | +€1,087 | +13.4% |
| Financial charges | 65/66B | €141 | €848 | +€707 | +503% |
| Recurring financial charges | 65 | €141 | €848 | +€707 | +503% |
| Profit (loss) for the period before taxes | 9903 | €7,956 | €8,336 | +€380 | +4.8% |
| Transfer from deferred taxes | 780 | €20 | - | -€20 | |
| Income taxes | 67/77 | €1,751 | €2,148 | +€397 | +22.7% |
| Profit (loss) for the period | 9904 | €6,225 | €6,188 | -€37 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,225 | €6,188 | -€37 | -0.6% |
Source: filed annual accounts (NBB), financial years ended 31 August 2022 and 31 August 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.