HIGH FIVE: 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 FIVE
Largest movements
- Receivables within one year +€146,067
up €146,067 (+17.9%), from €815,750 to €961,816
of which Other amounts receivable: +€85,945
- Cash -€46,209
down €46,209 (-66.8%), from €69,219 to €23,010
mainly Receivables within one year (-€146,067) and Tax, wage and social debts (-€5,482)
- Profit (loss) carried forward +€81,483
up €81,483 (+10.5%), from €777,467 to €858,950
- Other debts +€20,000
new in 2024: €20,000
- Gross operating margin -€75,717
down €75,717 (-41.4%), from €182,790 to €107,073
- Financial income +€11,989
up €11,989 (+32.1%), from €37,384 to €49,374
- Other operating charges -€2,841
down €2,841 (-32.1%), from €8,842 to €6,001
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €927,085 | €1,024,914 | +€97,829 | +10.6% |
| Fixed assets | 21/28 | €42,117 | €34,885 | -€7,232 | -17.2% |
| Tangible fixed assets | 22/27 | €42,117 | €34,885 | -€7,232 | -17.2% |
| Furniture and vehicles | 24 | €4,873 | €3,342 | -€1,531 | -31.4% |
| Other tangible fixed assets | 26 | €37,244 | €31,543 | -€5,701 | -15.3% |
| Current assets | 29/58 | €884,968 | €990,029 | +€105,061 | +11.9% |
| Amounts receivable within one year | 40/41 | €815,750 | €961,816 | +€146,067 | +17.9% |
| Trade receivables | 40 | €42,927 | €103,049 | +€60,122 | +140.1% |
| Other amounts receivable | 41 | €772,823 | €858,767 | +€85,945 | +11.1% |
| Cash at bank and in hand | 54/58 | €69,219 | €23,010 | -€46,209 | -66.8% |
| Deferred charges and accrued income | 490/1 | - | €5,202 | +€5,202 | |
| Total equity and liabilities | 10/49 | €927,085 | €1,024,914 | +€97,829 | +10.6% |
| Equity | 10/15 | €791,727 | €873,210 | +€81,483 | +10.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €777,467 | €858,950 | +€81,483 | +10.5% |
| Amounts payable | 17/49 | €135,358 | €151,704 | +€16,346 | +12.1% |
| Amounts payable within one year | 42/48 | €135,358 | €150,704 | +€15,346 | +11.3% |
| Trade debts | 44 | €1,653 | €2,481 | +€828 | +50.1% |
| Suppliers | 440/4 | €1,653 | €2,481 | +€828 | +50.1% |
| Taxes, remuneration and social security | 45 | €133,705 | €128,223 | -€5,482 | -4.1% |
| Taxes | 450/3 | €133,705 | €128,223 | -€5,482 | -4.1% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| 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 | €7,816 | €7,232 | -€584 | -7.5% |
| Other operating charges | 640/8 | €8,842 | €6,001 | -€2,841 | -32.1% |
| Gross operating margin | 9900 | €182,790 | €107,073 | -€75,717 | -41.4% |
| Operating profit (loss) | 9901 | €166,132 | €93,840 | -€72,292 | -43.5% |
| Financial income | 75/76B | €37,384 | €49,374 | +€11,989 | +32.1% |
| Recurring financial income | 75 | €37,384 | €49,374 | +€11,989 | +32.1% |
| Financial charges | 65/66B | €2,299 | €2,571 | +€272 | +11.8% |
| Recurring financial charges | 65 | €2,299 | €2,571 | +€272 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €201,218 | €140,643 | -€60,575 | -30.1% |
| Income taxes | 67/77 | €59,368 | €59,160 | -€208 | -0.4% |
| Profit (loss) for the period | 9904 | €141,849 | €81,483 | -€60,366 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €141,849 | €81,483 | -€60,366 | -42.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.