HIGH FIVE INTERNATIONAL: 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.
HIGH FIVE INTERNATIONAL
Largest movements
- Tangible fixed assets +€62,548
up €62,548 (+115%), from €54,327 to €116,875
of which Other tangible fixed assets: +€65,905
- Receivables within one year -€52,050
down €52,050 (-11.6%), from €449,376 to €397,326
of which Other amounts receivable: -€53,550
- Cash +€17,210
up €17,210 (+139%), from €12,383 to €29,593
mainly Net result for the year (+€179,822) and Trade debts (+€56,937)
- Reserves +€79,822
up €79,822 (+39.2%), from €203,524 to €283,346
- Trade debts +€56,937
up €56,937 (+113%), from €50,278 to €107,215
- Other debts -€50,000
down €50,000 (-32.9%), from €151,840 to €101,840
- Tax, wage and social debts -€42,408
down €42,408 (-74.6%), from €56,815 to €14,407
- Debts after one year -€11,691
down €11,691 (-27.7%), from €42,242 to €30,551
- Gross operating margin -€75,219
down €75,219 (-24.2%), from €310,802 to €235,584
- Taxes -€3,575
down €3,575 (-8.1%), from €44,310 to €40,735
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.
Derived cash bridge
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 | €544,482 | €570,861 | +€26,378 | +4.8% |
| Fixed assets | 21/28 | €54,627 | €117,175 | +€62,548 | +114% |
| Tangible fixed assets | 22/27 | €54,327 | €116,875 | +€62,548 | +115% |
| Plant, machinery and equipment | 23 | €3,266 | €1,159 | -€2,107 | -64.5% |
| Furniture and vehicles | 24 | €4,359 | €3,109 | -€1,250 | -28.7% |
| Other tangible fixed assets | 26 | €46,702 | €112,607 | +€65,905 | +141% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €489,855 | €453,686 | -€36,169 | -7.4% |
| Stocks and contracts in progress | 3 | €26,766 | €26,766 | = | 0.0% |
| Stocks | 30/36 | €26,766 | €26,766 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €449,376 | €397,326 | -€52,050 | -11.6% |
| Trade receivables | 40 | €13,709 | €15,209 | +€1,500 | +10.9% |
| Other amounts receivable | 41 | €435,668 | €382,118 | -€53,550 | -12.3% |
| Cash at bank and in hand | 54/58 | €12,383 | €29,593 | +€17,210 | +139% |
| Deferred charges and accrued income | 490/1 | €1,330 | - | -€1,330 | |
| Total equity and liabilities | 10/49 | €544,482 | €570,861 | +€26,378 | +4.8% |
| Equity | 10/15 | €213,524 | €293,346 | +€79,822 | +37.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €203,524 | €283,346 | +€79,822 | +39.2% |
| Distributable reserves | 133 | €203,524 | €283,346 | +€79,822 | +39.2% |
| Amounts payable | 17/49 | €330,959 | €277,515 | -€53,444 | -16.1% |
| Amounts payable after more than one year | 17 | €42,242 | €30,551 | -€11,691 | -27.7% |
| Other amounts payable | 178/9 | €42,242 | €30,551 | -€11,691 | -27.7% |
| Amounts payable within one year | 42/48 | €288,717 | €246,964 | -€41,753 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €29,784 | €23,502 | -€6,282 | -21.1% |
| Trade debts | 44 | €50,278 | €107,215 | +€56,937 | +113% |
| Suppliers | 440/4 | €50,278 | €107,215 | +€56,937 | +113% |
| Taxes, remuneration and social security | 45 | €56,815 | €14,407 | -€42,408 | -74.6% |
| Taxes | 450/3 | €56,815 | €14,407 | -€42,408 | -74.6% |
| Other amounts payable | 47/48 | €151,840 | €101,840 | -€50,000 | -32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,440 | €8,968 | -€472 | -5.0% |
| Other operating charges | 640/8 | €1,255 | €1,144 | -€111 | -8.8% |
| Non-recurring operating charges | 66A | €5,433 | - | -€5,433 | |
| Gross operating margin | 9900 | €310,802 | €235,584 | -€75,219 | -24.2% |
| Operating profit (loss) | 9901 | €294,675 | €225,472 | -€69,203 | -23.5% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €5,850 | €4,930 | -€920 | -15.7% |
| Recurring financial charges | 65 | €5,850 | €4,930 | -€920 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €288,825 | €220,558 | -€68,267 | -23.6% |
| Income taxes | 67/77 | €44,310 | €40,735 | -€3,575 | -8.1% |
| Profit (loss) for the period | 9904 | €244,514 | €179,822 | -€64,692 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €244,514 | €179,822 | -€64,692 | -26.5% |
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 15 October 2026 via checked.be.