HAUTE RIVE: what changed
Two fiscal 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.
HAUTE RIVE
Largest movements
- Tangible fixed assets +€9,445
up €9,445 (+1.7%), from €563,048 to €572,493
of which Land and buildings: +€6,616
- Receivables within one year +€8,261
up €8,261 (+70.3%), from €11,746 to €20,007
of which Trade receivables: +€5,998
- Trade debts +€11,381
up €11,381 (+75.5%), from €15,083 to €26,464
- Gross operating margin +€8,764
up €8,764 (+663.1%), from €1,322 to €10,085
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.
Cash bridge derived
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 | €575,287 | €593,089 | +€17,803 | +3.1% |
| Fixed assets | 21/28 | €563,048 | €572,493 | +€9,445 | +1.7% |
| Tangible fixed assets | 22/27 | €563,048 | €572,493 | +€9,445 | +1.7% |
| Land and buildings | 22 | €560,643 | €567,259 | +€6,616 | +1.2% |
| Plant, machinery and equipment | 23 | €2,290 | €1,199 | -€1,091 | -47.6% |
| Furniture and vehicles | 24 | - | €4,034 | +€4,034 | |
| Other tangible fixed assets | 26 | €115 | - | -€115 | |
| Current assets | 29/58 | €12,239 | €20,597 | +€8,358 | +68.3% |
| Amounts receivable within one year | 40/41 | €11,746 | €20,007 | +€8,261 | +70.3% |
| Trade receivables | 40 | €11,682 | €17,680 | +€5,998 | +51.3% |
| Other amounts receivable | 41 | €64 | €2,328 | +€2,264 | +3547.8% |
| Cash at bank and in hand | 54/58 | €291 | €378 | +€87 | +29.8% |
| Deferred charges and accrued income | 490/1 | €202 | €212 | +€10 | +4.9% |
| Total equity and liabilities | 10/49 | €575,287 | €593,089 | +€17,803 | +3.1% |
| Equity | 10/15 | €477,493 | €482,015 | +€4,522 | +0.9% |
| Contributions | 10/11 | €317,955 | €317,955 | = | 0.0% |
| Revaluation surpluses | 12 | €188,645 | €188,645 | = | 0.0% |
| Reserves | 13 | €88,362 | €88,362 | = | 0.0% |
| 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 | €86,502 | €86,502 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,469 | -€112,947 | +€4,522 | +3.8% |
| Provisions and deferred taxes | 16 | €44,542 | €44,542 | = | 0.0% |
| Deferred taxes | 168 | €44,542 | €44,542 | = | 0.0% |
| Amounts payable | 17/49 | €53,252 | €66,533 | +€13,281 | +24.9% |
| Amounts payable after more than one year | 17 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €50,252 | €63,533 | +€13,281 | +26.4% |
| Trade debts | 44 | €15,083 | €26,464 | +€11,381 | +75.5% |
| Suppliers | 440/4 | €15,083 | €26,464 | +€11,381 | +75.5% |
| Other amounts payable | 47/48 | €35,169 | €37,069 | +€1,900 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,941 | €4,010 | +€70 | +1.8% |
| Other operating charges | 640/8 | €1,419 | €1,464 | +€45 | +3.2% |
| Gross operating margin | 9900 | €1,322 | €10,085 | +€8,764 | +663.1% |
| Operating profit (loss) | 9901 | -€4,038 | €4,611 | +€8,649 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +171.4% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +171.4% |
| Financial charges | 65/66B | €93 | €90 | -€3 | -3.2% |
| Recurring financial charges | 65 | €93 | €90 | -€3 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,131 | €4,522 | +€8,652 | |
| Profit (loss) for the period | 9904 | -€4,131 | €4,522 | +€8,652 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,131 | €4,522 | +€8,652 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.