HIGH LIFT: what changed
What changed
HIGH LIFT
NACE 46.140, Agents in the wholesale of industrial machinery, ships and aircraft
filed annual accounts (NBB)
Net result for the year
€179,075
2024 · €146,621+€32,454
Equity
€740,258
2024 · €561,183+€179,075
Cash
€372,564
2024 · €120,362+€252,202
Balance sheet total
€1.3m
2024 · €827,815+€435,788
Largest movements
Assets
- Cash +€252,202
up €252,202 (+210%), from €120,362 to €372,564
mainly Trade debts (+€237,956) and Net result for the year (+€179,075)
- Stocks and contracts +€199,750
up €199,750 (+108%), from €185,620 to €385,370
Equity and liabilities
- Trade debts +€237,956
up €237,956 (+169%), from €140,989 to €378,945
- Reserves +€170,000
up €170,000 (+70.5%), from €241,240 to €411,240
of which Distributable reserves: +€170,000
- Current portion of long-term debt +€45,315
up €45,315 (+111%), from €40,880 to €86,195
- Other debts -€37,093
down €37,093 (-97.9%), from €37,905 to €812
- Tax, wage and social debts +€13,519
up €13,519 (+30.8%), from €43,874 to €57,393
of which Taxes: +€6,952
Income statement
- Gross operating margin +€87,812
up €87,812 (+36.2%), from €242,331 to €330,143
- Staff costs +€33,553
up €33,553 (+333%), from €10,063 to €43,616
- Taxes +€17,960
up €17,960 (+28.6%), from €62,894 to €80,854
- Depreciation +€6,999
up €6,999 (+38.4%), from €18,248 to €25,247
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€146,621
Gross operating margin
+€87,812
Staff costs
-€33,553
Depreciation
-€6,999
Other operating charges
+€803
Financial income
+€1,236
Financial charges
+€1,115
Taxes
-€17,960
Result 2025
€179,075
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€232,304
Investment
-€22,433
Financing
+€42,331
Cash 2024
€120,362
From operations (derived)
+€232,304
Net result for the year
+€179,075
Depreciation
+€25,247
Stocks and contracts
-€199,750
Receivables within one year
+€12,409
Deferred charges and accrued income
+€941
Trade debts
+€237,956
Tax, wage and social debts
+€13,519
Other debts
-€37,093
Investment (derived)
-€22,433
Investment in fixed assets (net)
-€22,433
Financing
+€42,331
Debts after one year
-€2,984
Current portion of long-term debt
+€45,315
Cash 2025
€372,564
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €827,815 | €1,263,603 | +€435,788 | +52.6% |
| Fixed assets | 21/28 | €84,505 | €81,691 | -€2,814 | -3.3% |
| Tangible fixed assets | 22/27 | €84,505 | €81,691 | -€2,814 | -3.3% |
| Plant, machinery and equipment | 23 | €24,101 | €39,275 | +€15,174 | +63.0% |
| Furniture and vehicles | 24 | €60,404 | €42,416 | -€17,988 | -29.8% |
| Current assets | 29/58 | €743,310 | €1,181,912 | +€438,602 | +59.0% |
| Stocks and contracts in progress | 3 | €185,620 | €385,370 | +€199,750 | +108% |
| Stocks | 30/36 | €185,620 | €385,370 | +€199,750 | +108% |
| Amounts receivable within one year | 40/41 | €435,548 | €423,139 | -€12,409 | -2.8% |
| Trade receivables | 40 | €420,014 | €411,867 | -€8,147 | -1.9% |
| Other amounts receivable | 41 | €15,534 | €11,272 | -€4,262 | -27.4% |
| Cash at bank and in hand | 54/58 | €120,362 | €372,564 | +€252,202 | +210% |
| Deferred charges and accrued income | 490/1 | €1,780 | €839 | -€941 | -52.9% |
| Total equity and liabilities | 10/49 | €827,815 | €1,263,603 | +€435,788 | +52.6% |
| Equity | 10/15 | €561,183 | €740,258 | +€179,075 | +31.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €241,240 | €411,240 | +€170,000 | +70.5% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €240,000 | €410,000 | +€170,000 | +70.8% |
| Profit (loss) carried forward | 14 | €307,543 | €316,618 | +€9,075 | +3.0% |
| Amounts payable | 17/49 | €266,632 | €523,345 | +€256,713 | +96.3% |
| Amounts payable after more than one year | 17 | €2,984 | - | -€2,984 | |
| Financial debts | 170/4 | €2,984 | - | -€2,984 | |
| Amounts payable within one year | 42/48 | €263,648 | €523,345 | +€259,697 | +98.5% |
| Current portion of amounts payable after more than one year | 42 | €40,880 | €86,195 | +€45,315 | +111% |
| Trade debts | 44 | €140,989 | €378,945 | +€237,956 | +169% |
| Suppliers | 440/4 | €140,989 | €378,945 | +€237,956 | +169% |
| Taxes, remuneration and social security | 45 | €43,874 | €57,393 | +€13,519 | +30.8% |
| Taxes | 450/3 | €43,874 | €50,826 | +€6,952 | +15.8% |
| Remuneration and social security | 454/9 | - | €6,567 | +€6,567 | |
| Other amounts payable | 47/48 | €37,905 | €812 | -€37,093 | -97.9% |
| Remuneration, social security and pensions | 62 | €10,063 | €43,616 | +€33,553 | +333% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,248 | €25,247 | +€6,999 | +38.4% |
| Other operating charges | 640/8 | €1,419 | €616 | -€803 | -56.6% |
| Gross operating margin | 9900 | €242,331 | €330,143 | +€87,812 | +36.2% |
| Operating profit (loss) | 9901 | €212,601 | €260,664 | +€48,063 | +22.6% |
| Financial income | 75/76B | €507 | €1,743 | +€1,236 | +244% |
| Recurring financial income | 75 | €507 | €1,743 | +€1,236 | +244% |
| Financial charges | 65/66B | €3,593 | €2,478 | -€1,115 | -31.0% |
| Recurring financial charges | 65 | €3,593 | €2,478 | -€1,115 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €209,515 | €259,929 | +€50,414 | +24.1% |
| Income taxes | 67/77 | €62,894 | €80,854 | +€17,960 | +28.6% |
| Profit (loss) for the period | 9904 | €146,621 | €179,075 | +€32,454 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €146,621 | €179,075 | +€32,454 | +22.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.