High Laver: 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 Laver
Largest movements
- Financial fixed assets +€799,808
up €799,808 (+333%), from €240,000 to €1.0m
- Receivables within one year +€40,721
up €40,721 (+7.1%), from €571,897 to €612,618
of which Other amounts receivable: +€35,849
- Debts after one year +€838,500
up €838,500 (+80.2%), from €1.0m to €1.9m
- Accrued charges and deferred income +€21,314
up €21,314 (+68.8%), from €30,989 to €52,303
- Other debts -€18,726
down €18,726 (-94.6%), from €19,796 to €1,070
- Gross operating margin +€20,751
up €20,751, from -€12,481 to €8,270
- Financial charges +€6,127
up €6,127 (+37.9%), from €16,152 to €22,279
- Depreciation -€5,162
down €5,162 (-65.8%), from €7,850 to €2,688
- Financial income +€4,588
up €4,588 (+72.3%), from €6,349 to €10,937
- Other operating charges -€2,170
down €2,170 (-94.8%), from €2,288 to €118
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 | €858,497 | €1,700,749 | +€842,253 | +98.1% |
| Fixed assets | 21/28 | €245,122 | €1,046,635 | +€801,513 | +327% |
| Tangible fixed assets | 22/27 | €5,122 | €6,827 | +€1,705 | +33.3% |
| Furniture and vehicles | 24 | €5,122 | €6,827 | +€1,705 | +33.3% |
| Financial fixed assets | 28 | €240,000 | €1,039,808 | +€799,808 | +333% |
| Current assets | 29/58 | €613,375 | €654,115 | +€40,740 | +6.6% |
| Amounts receivable after more than one year | 29 | €25,873 | €25,873 | = | 0.0% |
| Trade receivables | 290 | €25,873 | €25,873 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €571,897 | €612,618 | +€40,721 | +7.1% |
| Trade receivables | 40 | €6,594 | €11,467 | +€4,873 | +73.9% |
| Other amounts receivable | 41 | €565,303 | €601,151 | +€35,849 | +6.3% |
| Cash at bank and in hand | 54/58 | €34 | €53 | +€19 | +54.5% |
| Deferred charges and accrued income | 490/1 | €15,571 | €15,571 | = | 0.0% |
| Total equity and liabilities | 10/49 | €858,497 | €1,700,749 | +€842,253 | +98.1% |
| Equity | 10/15 | -€245,894 | -€252,164 | -€6,271 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€264,494 | -€270,764 | -€6,271 | -2.4% |
| Amounts payable | 17/49 | €1,104,390 | €1,952,913 | +€848,523 | +76.8% |
| Amounts payable after more than one year | 17 | €1,045,708 | €1,884,208 | +€838,500 | +80.2% |
| Other amounts payable | 178/9 | €1,045,708 | €1,884,208 | +€838,500 | +80.2% |
| Amounts payable within one year | 42/48 | €27,693 | €16,403 | -€11,291 | -40.8% |
| Trade debts | 44 | €3,240 | €12,564 | +€9,324 | +288% |
| Suppliers | 440/4 | €3,240 | €12,564 | +€9,324 | +288% |
| Advances received on contracts in progress | 46 | €3,630 | - | -€3,630 | |
| Taxes, remuneration and social security | 45 | €1,028 | €2,768 | +€1,741 | +169% |
| Taxes | 450/3 | €1,028 | €2,768 | +€1,741 | +169% |
| Other amounts payable | 47/48 | €19,796 | €1,070 | -€18,726 | -94.6% |
| Accrued charges and deferred income | 492/3 | €30,989 | €52,303 | +€21,314 | +68.8% |
| Non-recurring operating income | 76A | - | €7,037 | +€7,037 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,850 | €2,688 | -€5,162 | -65.8% |
| Other operating charges | 640/8 | €2,288 | €118 | -€2,170 | -94.8% |
| Gross operating margin | 9900 | -€12,481 | €8,270 | +€20,751 | |
| Operating profit (loss) | 9901 | -€22,619 | €5,464 | +€28,083 | |
| Financial income | 75/76B | €6,349 | €10,937 | +€4,588 | +72.3% |
| Recurring financial income | 75 | €6,349 | €10,937 | +€4,588 | +72.3% |
| Financial charges | 65/66B | €16,152 | €22,279 | +€6,127 | +37.9% |
| Recurring financial charges | 65 | €16,152 | €22,279 | +€6,127 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | -€32,422 | -€5,878 | +€26,543 | +81.9% |
| Income taxes | 67/77 | €302 | €393 | +€91 | +30.0% |
| Profit (loss) for the period | 9904 | -€32,724 | -€6,271 | +€26,453 | +80.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,724 | -€6,271 | +€26,453 | +80.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.