PASCALE HAUTFENNE: what changed
PASCALE HAUTFENNE
Largest movements
- Cash +€144,053
up €144,053 (+2,610%), from €5,519 to €149,571
mainly Net result for the year (+€103,144) and Trade debts (+€60,086)
- Receivables within one year +€17,428
up €17,428 (+5.8%), from €302,662 to €320,089
of which Other amounts receivable: +€51,199
- Reserves +€99,644
up €99,644 (+91.3%), from €109,139 to €208,783
of which Distributable reserves: +€99,644
- Trade debts +€60,086
up €60,086 (+53.1%), from €113,119 to €173,205
- Tax, wage and social debts +€11,704
up €11,704 (+19.0%), from €61,591 to €73,296
- Debts after one year -€9,197
no longer reported in 2023 (was €9,197)
- Gross operating margin +€74,244
up €74,244 (+69.0%), from €107,523 to €181,767
- Taxes +€21,624
up €21,624 (+61.7%), from €35,022 to €56,647
- Other operating charges +€5,649
up €5,649 (+135%), from €4,189 to €9,838
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €319,868 | €484,467 | +€164,599 | +51.5% |
| Fixed assets | 21/28 | €11,688 | €14,806 | +€3,118 | +26.7% |
| Tangible fixed assets | 22/27 | €9,288 | €12,406 | +€3,118 | +33.6% |
| Furniture and vehicles | 24 | €9,288 | €9,468 | +€181 | +1.9% |
| Other tangible fixed assets | 26 | - | €2,938 | +€2,938 | |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €308,180 | €469,661 | +€161,480 | +52.4% |
| Amounts receivable within one year | 40/41 | €302,662 | €320,089 | +€17,428 | +5.8% |
| Trade receivables | 40 | €129,904 | €96,133 | -€33,771 | -26.0% |
| Other amounts receivable | 41 | €172,758 | €223,957 | +€51,199 | +29.6% |
| Cash at bank and in hand | 54/58 | €5,519 | €149,571 | +€144,053 | +2,610% |
| Total equity and liabilities | 10/49 | €319,868 | €484,467 | +€164,599 | +51.5% |
| Equity | 10/15 | €115,339 | €214,983 | +€99,644 | +86.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €109,139 | €208,783 | +€99,644 | +91.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €808 | €808 | = | 0.0% |
| Distributable reserves | 133 | €106,471 | €206,115 | +€99,644 | +93.6% |
| Amounts payable | 17/49 | €204,529 | €269,483 | +€64,954 | +31.8% |
| Amounts payable after more than one year | 17 | €9,197 | - | -€9,197 | |
| Financial debts | 170/4 | €9,197 | - | -€9,197 | |
| Amounts payable within one year | 42/48 | €195,332 | €269,483 | +€74,151 | +38.0% |
| Current portion of amounts payable after more than one year | 42 | €9,913 | €9,197 | -€716 | -7.2% |
| Trade debts | 44 | €113,119 | €173,205 | +€60,086 | +53.1% |
| Suppliers | 440/4 | €113,119 | €173,205 | +€60,086 | +53.1% |
| Taxes, remuneration and social security | 45 | €61,591 | €73,296 | +€11,704 | +19.0% |
| Taxes | 450/3 | €61,591 | €73,296 | +€11,704 | +19.0% |
| Other amounts payable | 47/48 | €10,709 | €13,786 | +€3,077 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,595 | €10,059 | +€464 | +4.8% |
| Other operating charges | 640/8 | €4,189 | €9,838 | +€5,649 | +135% |
| Gross operating margin | 9900 | €107,523 | €181,767 | +€74,244 | +69.0% |
| Operating profit (loss) | 9901 | €93,739 | €161,870 | +€68,131 | +72.7% |
| Financial income | 75/76B | €193 | €204 | +€12 | +6.0% |
| Recurring financial income | 75 | €193 | €204 | +€12 | +6.0% |
| Financial charges | 65/66B | €2,257 | €2,283 | +€26 | +1.1% |
| Recurring financial charges | 65 | €2,257 | €2,283 | +€26 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €91,674 | €159,791 | +€68,117 | +74.3% |
| Income taxes | 67/77 | €35,022 | €56,647 | +€21,624 | +61.7% |
| Profit (loss) for the period | 9904 | €56,652 | €103,144 | +€46,492 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,652 | €103,144 | +€46,492 | +82.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 August 2022 and 31 August 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.