FH-RAYAN: 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.
FH-RAYAN
Largest movements
- Stocks and contracts +€3,225
up €3,225 (+11.4%), from €28,285 to €31,510
- Tangible fixed assets -€1,071
down €1,071 (-22.7%), from €4,709 to €3,639
- Receivables within one year -€575
no longer reported in 2023 (was €575)
- Other debts +€6,041
up €6,041 (+18.3%), from €32,953 to €38,993
- Trade debts -€3,363
down €3,363 (-29.8%), from €11,290 to €7,927
- Profit (loss) carried forward -€2,964
down €2,964 (-19.4%), from -€15,291 to -€18,255
- Tax, wage and social debts +€1,487
new in 2023: €1,487
- Accrued charges and deferred income +€1,000
new in 2023: €1,000
- Gross operating margin +€780
up €780 (+39.0%), from -€2,000 to -€1,220
- Other operating charges +€169
up €169 (+60.5%), from €280 to €450
- Financial charges +€28
up €28 (+14.5%), from €196 to €224
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 | €35,152 | €37,353 | +€2,201 | +6.3% |
| Fixed assets | 21/28 | €4,709 | €3,639 | -€1,071 | -22.7% |
| Tangible fixed assets | 22/27 | €4,709 | €3,639 | -€1,071 | -22.7% |
| Furniture and vehicles | 24 | €4,709 | €3,639 | -€1,071 | -22.7% |
| Current assets | 29/58 | €30,443 | €33,714 | +€3,271 | +10.7% |
| Stocks and contracts in progress | 3 | €28,285 | €31,510 | +€3,225 | +11.4% |
| Stocks | 30/36 | €28,285 | €31,510 | +€3,225 | +11.4% |
| Amounts receivable within one year | 40/41 | €575 | - | -€575 | |
| Other amounts receivable | 41 | €575 | - | -€575 | |
| Cash at bank and in hand | 54/58 | €1,582 | €1,857 | +€274 | +17.3% |
| Deferred charges and accrued income | 490/1 | - | €348 | +€348 | |
| Total equity and liabilities | 10/49 | €35,152 | €37,353 | +€2,201 | +6.3% |
| Equity | 10/15 | -€9,091 | -€12,055 | -€2,964 | -32.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | -€15,291 | -€18,255 | -€2,964 | -19.4% |
| Amounts payable | 17/49 | €44,243 | €49,408 | +€5,165 | +11.7% |
| Amounts payable within one year | 42/48 | €44,243 | €48,408 | +€4,165 | +9.4% |
| Trade debts | 44 | €11,290 | €7,927 | -€3,363 | -29.8% |
| Suppliers | 440/4 | €11,290 | €7,927 | -€3,363 | -29.8% |
| Taxes, remuneration and social security | 45 | - | €1,487 | +€1,487 | |
| Taxes | 450/3 | - | €1,487 | +€1,487 | |
| Other amounts payable | 47/48 | €32,953 | €38,993 | +€6,041 | +18.3% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,071 | €1,071 | = | 0.0% |
| Other operating charges | 640/8 | €280 | €450 | +€169 | +60.5% |
| Gross operating margin | 9900 | -€2,000 | -€1,220 | +€780 | +39.0% |
| Operating profit (loss) | 9901 | -€3,351 | -€2,740 | +€611 | +18.2% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €196 | €224 | +€28 | +14.5% |
| Recurring financial charges | 65 | €196 | €224 | +€28 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,540 | -€2,964 | +€576 | +16.3% |
| Profit (loss) for the period | 9904 | -€3,540 | -€2,964 | +€576 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,540 | -€2,964 | +€576 | +16.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2022 and 31 March 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.