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HEIGHT: 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.

What changed

HEIGHT

BE 0463.578.836
NACE 42.219, Civil engineering
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2,155
2024 · -€2,842+€4,997
Equity
-€5,418
2024 · -€7,573+€2,155
Cash
€1,892
2024 · €2,412-€520
Balance sheet total
€2,014
2024 · €2,412-€398

Largest movements

2024 to 2025
Assets
  • Cash -€520

    down €520 (-21.6%), from €2,412 to €1,892

    mainly Other debts (-€2,891) and Receivables within one year (-€122)

  • Receivables within one year +€122

    new in 2025: €122

Equity and liabilities
  • Other debts -€2,891

    down €2,891 (-29.0%), from €9,985 to €7,094

  • Profit (loss) carried forward +€2,155

    up €2,155 (+8.2%), from -€26,165 to -€24,010

  • Trade debts +€338

    new in 2025: €338

Income statement
  • Gross operating margin +€2,873

    up €2,873 (+315%), from €913 to €3,786

  • Other operating charges -€2,023

    down €2,023 (-58.3%), from €3,470 to €1,447

  • Staff costs -€219

    no longer reported in 2025 (was €219)

  • Financial charges +€117

    up €117 (+174%), from €67 to €184

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€2,842
Gross operating margin +€2,873
Staff costs +€219
Other operating charges +€2,023
Financial charges -€117
Result 2025 €2,155
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€520
Investment €0
Financing €0
Cash 2024 €2,412
Net result for the year +€2,155
Receivables within one year -€122
Trade debts +€338
Other debts -€2,891
Cash 2025 €1,892
brings cash intakes cash out
Every line side by side 23 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,412 €2,014 -€398 -16.5%
Current assets 29/58 €2,412 €2,014 -€398 -16.5%
Amounts receivable within one year 40/41 - €122 +€122
Other amounts receivable 41 - €122 +€122
Cash at bank and in hand 54/58 €2,412 €1,892 -€520 -21.6%
Total equity and liabilities 10/49 €2,412 €2,014 -€398 -16.5%
Equity 10/15 -€7,573 -€5,418 +€2,155 +28.5%
Contributions 10/11 €18,592 €18,592 = 0.0%
Profit (loss) carried forward 14 -€26,165 -€24,010 +€2,155 +8.2%
Amounts payable 17/49 €9,985 €7,432 -€2,553 -25.6%
Amounts payable within one year 42/48 €9,985 €7,432 -€2,553 -25.6%
Trade debts 44 - €338 +€338
Suppliers 440/4 - €338 +€338
Other amounts payable 47/48 €9,985 €7,094 -€2,891 -29.0%
Remuneration, social security and pensions 62 €219 - -€219
Other operating charges 640/8 €3,470 €1,447 -€2,023 -58.3%
Gross operating margin 9900 €913 €3,786 +€2,873 +315%
Operating profit (loss) 9901 -€2,775 €2,339 +€5,114
Financial charges 65/66B €67 €184 +€117 +174%
Recurring financial charges 65 €67 €184 +€117 +174%
Profit (loss) for the period before taxes 9903 -€2,842 €2,155 +€4,997
Profit (loss) for the period 9904 -€2,842 €2,155 +€4,997
Profit (loss) for the period to be appropriated 9905 -€2,842 €2,155 +€4,997

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.