FAHIFANE: 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.
FAHIFANE
Largest movements
- Receivables within one year +€1.2m
new in 2023: €1.2m
- Tangible fixed assets -€199,928
down €199,928 (-4.7%), from €4.3m to €4.1m
of which Land and buildings: -€175,966
- Other debts +€1.1m
up €1.1m (+3,489%), from €31,651 to €1.1m
- Debts after one year -€124,736
down €124,736 (-6.4%), from €2.0m to €1.8m
- Gross operating margin +€31,726
up €31,726 (+17.4%), from €182,656 to €214,382
- Purchases and services -€6,975
down €6,975 (-14.4%), from €48,586 to €41,611
- Depreciation +€2,969
up €2,969 (+1.7%), from €176,951 to €179,920
- Financial charges +€2,807
up €2,807 (+6.0%), from €46,882 to €49,689
- Financial income +€2,680
up €2,680 (+7,445%), from €36 to €2,716
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 | €8,444,947 | €9,529,624 | +€1.1m | +12.8% |
| Fixed assets | 21/28 | €8,444,778 | €8,294,797 | -€149,980 | -1.8% |
| Intangible fixed assets | 21 | - | €49,697 | +€49,697 | |
| Tangible fixed assets | 22/27 | €4,251,084 | €4,051,157 | -€199,928 | -4.7% |
| Land and buildings | 22 | €4,226,640 | €4,050,674 | -€175,966 | -4.2% |
| Plant, machinery and equipment | 23 | €603 | €483 | -€121 | -20.0% |
| Other tangible fixed assets | 26 | €23,841 | - | -€23,841 | |
| Financial fixed assets | 28 | €4,193,693 | €4,193,943 | +€250 | 0.0% |
| Current assets | 29/58 | €170 | €1,234,827 | +€1.2m | +728,153% |
| Amounts receivable within one year | 40/41 | - | €1,234,763 | +€1.2m | |
| Other amounts receivable | 41 | - | €1,234,763 | +€1.2m | |
| Cash at bank and in hand | 54/58 | €170 | €63 | -€106 | -62.6% |
| Total equity and liabilities | 10/49 | €8,444,947 | €9,529,624 | +€1.1m | +12.8% |
| Equity | 10/15 | €6,291,298 | €6,278,787 | -€12,511 | -0.2% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Revaluation surpluses | 12 | €6,035,352 | €6,035,352 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,053 | -€4,458 | -€12,511 | |
| Amounts payable | 17/49 | €2,153,649 | €3,250,836 | +€1.1m | +50.9% |
| Amounts payable after more than one year | 17 | €1,952,750 | €1,828,015 | -€124,736 | -6.4% |
| Financial debts | 170/4 | €1,952,750 | €1,828,015 | -€124,736 | -6.4% |
| Amounts payable within one year | 42/48 | €193,198 | €1,406,422 | +€1.2m | +628% |
| Current portion of amounts payable after more than one year | 42 | €121,936 | €124,736 | +€2,800 | +2.3% |
| Financial debts | 43 | - | €79,947 | +€79,947 | |
| Credit institutions | 430/8 | - | €79,947 | +€79,947 | |
| Trade debts | 44 | €37,212 | €63,339 | +€26,127 | +70.2% |
| Suppliers | 440/4 | €37,212 | €63,339 | +€26,127 | +70.2% |
| Advances received on contracts in progress | 46 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €31,651 | €1,136,000 | +€1.1m | +3,489% |
| Accrued charges and deferred income | 492/3 | €7,700 | €16,400 | +€8,700 | +113% |
| Goods, raw materials, services and sundry goods | 60/61 | €48,586 | €41,611 | -€6,975 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €176,951 | €179,920 | +€2,969 | +1.7% |
| Gross operating margin | 9900 | €182,656 | €214,382 | +€31,726 | +17.4% |
| Operating profit (loss) | 9901 | €5,705 | €34,462 | +€28,757 | +504% |
| Financial income | 75/76B | €36 | €2,716 | +€2,680 | +7,445% |
| Recurring financial income | 75 | €36 | €2,716 | +€2,680 | +7,445% |
| Financial charges | 65/66B | €46,882 | €49,689 | +€2,807 | +6.0% |
| Recurring financial charges | 65 | €46,882 | €49,689 | +€2,807 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€41,142 | -€12,511 | +€28,631 | +69.6% |
| Profit (loss) for the period | 9904 | -€41,142 | -€12,511 | +€28,631 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,142 | -€12,511 | +€28,631 | +69.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.