HIGH END ELECTRO: 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.
HIGH END ELECTRO
Largest movements
- Cash +€146,541
up €146,541 (+3265.8%), from €4,487 to €151,029
mainly Net result for the year (+€87,487) and Stocks and contracts (+€34,063)
- Stocks and contracts -€34,063
no longer reported in 2025 (was €34,063)
of which Stocks: -€19,934
- Receivables within one year +€12,946
up €12,946 (+60.9%), from €21,267 to €34,212
of which Other amounts receivable: +€9,399
- Tangible fixed assets -€7,608
down €7,608 (-32.6%), from €23,358 to €15,750
of which Furniture and vehicles: -€7,261
- Deferred charges and accrued income -€4,158
no longer reported in 2025 (was €4,158)
- Reserves +€81,312
up €81,312 (+95.6%), from €85,019 to €166,331
of which Distributable reserves: +€81,312
- Tax, wage and social debts +€21,532
new in 2025: €21,532
- Profit (loss) carried forward +€6,174
no longer reported in 2025 (was -€6,174)
- Trade debts +€3,390
up €3,390 (+148.1%), from €2,289 to €5,678
- Gross operating margin +€127,249
up €127,249 (+750.9%), from €16,946 to €144,195
- Taxes +€39,967
up €39,967 (+16678.1%), from €240 to €40,207
- Depreciation -€4,199
down €4,199 (-24.8%), from €16,934 to €12,735
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 | €87,333 | €200,991 | +€113,658 | +130.1% |
| Fixed assets | 21/28 | €23,358 | €15,750 | -€7,608 | -32.6% |
| Tangible fixed assets | 22/27 | €23,358 | €15,750 | -€7,608 | -32.6% |
| Plant, machinery and equipment | 23 | €8,522 | €8,175 | -€347 | -4.1% |
| Furniture and vehicles | 24 | €14,836 | €7,575 | -€7,261 | -48.9% |
| Current assets | 29/58 | €63,975 | €185,241 | +€121,266 | +189.6% |
| Stocks and contracts in progress | 3 | €34,063 | - | -€34,063 | |
| Stocks | 30/36 | €19,934 | - | -€19,934 | |
| Contracts in progress | 37 | €14,129 | - | -€14,129 | |
| Amounts receivable within one year | 40/41 | €21,267 | €34,212 | +€12,946 | +60.9% |
| Trade receivables | 40 | €3,055 | €6,602 | +€3,547 | +116.1% |
| Other amounts receivable | 41 | €18,212 | €27,611 | +€9,399 | +51.6% |
| Cash at bank and in hand | 54/58 | €4,487 | €151,029 | +€146,541 | +3265.8% |
| Deferred charges and accrued income | 490/1 | €4,158 | - | -€4,158 | |
| Total equity and liabilities | 10/49 | €87,333 | €200,991 | +€113,658 | +130.1% |
| Equity | 10/15 | €85,044 | €172,531 | +€87,487 | +102.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,019 | €166,331 | +€81,312 | +95.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €83,159 | €164,471 | +€81,312 | +97.8% |
| Profit (loss) carried forward | 14 | -€6,174 | - | +€6,174 | |
| Amounts payable | 17/49 | €2,289 | €28,460 | +€26,171 | +1143.6% |
| Amounts payable within one year | 42/48 | €2,289 | €27,210 | +€24,921 | +1089.0% |
| Trade debts | 44 | €2,289 | €5,678 | +€3,390 | +148.1% |
| Suppliers | 440/4 | €2,289 | €5,678 | +€3,390 | +148.1% |
| Taxes, remuneration and social security | 45 | - | €21,532 | +€21,532 | |
| Taxes | 450/3 | - | €21,532 | +€21,532 | |
| Accrued charges and deferred income | 492/3 | - | €1,250 | +€1,250 | |
| Remuneration, social security and pensions | 62 | €4,134 | €2,695 | -€1,439 | -34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,934 | €12,735 | -€4,199 | -24.8% |
| Other operating charges | 640/8 | €1,428 | €1,116 | -€311 | -21.8% |
| Gross operating margin | 9900 | €16,946 | €144,195 | +€127,249 | +750.9% |
| Operating profit (loss) | 9901 | -€5,550 | €127,648 | +€133,198 | |
| Financial income | 75/76B | €941 | €1,415 | +€474 | +50.4% |
| Recurring financial income | 75 | €941 | €1,415 | +€474 | +50.4% |
| Financial charges | 65/66B | €1,327 | €1,370 | +€44 | +3.3% |
| Recurring financial charges | 65 | €1,327 | €1,370 | +€44 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,935 | €127,694 | +€133,628 | |
| Income taxes | 67/77 | €240 | €40,207 | +€39,967 | +16678.1% |
| Profit (loss) for the period | 9904 | -€6,174 | €87,487 | +€93,661 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,174 | €87,487 | +€93,661 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.