HIGH PERFORMANCE GROUP LTD.: 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 PERFORMANCE GROUP LTD.
Largest movements
- Financial fixed assets -€78,000
no longer reported in 2025 (was €78,000)
- Cash -€65,821
down €65,821 (-96.4%), from €68,267 to €2,446
mainly Provisions (-€140,431) and Current portion of long-term debt (-€86,203)
- Tangible fixed assets -€45,939
down €45,939 (-27.4%), from €167,833 to €121,893
- Receivables within one year -€24,946
down €24,946 (-13.6%), from €183,484 to €158,538
of which Trade receivables: -€153,556
- Deferred charges and accrued income -€24,067
no longer reported in 2025 (was €24,067)
- Provisions -€140,431
no longer reported in 2025 (was €140,431)
- Current portion of long-term debt -€86,203
no longer reported in 2025 (was €86,203)
- Debts after one year +€85,815
up €85,815 (+25.7%), from €334,185 to €420,000
- Trade debts -€64,738
down €64,738 (-60.4%), from €107,127 to €42,389
of which Suppliers: -€107,127
- Profit (loss) carried forward -€56,925
down €56,925 (-13.5%), from -€422,316 to -€479,241
- Provisions -€140,431
new in 2025: -€140,431
- Financial charges +€93,935
up €93,935 (+315%), from €29,802 to €123,736
of which Non-recurring financial charges: +€71,800
- Gross operating margin -€66,526
down €66,526 (-81.8%), from €81,368 to €14,842
- Write-downs +€27,392
new in 2025: €27,392
- Other operating charges +€6,003
up €6,003 (+202%), from €2,964 to €8,967
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 | €1,171,651 | €932,877 | -€238,773 | -20.4% |
| Fixed assets | 21/28 | €245,833 | €121,893 | -€123,939 | -50.4% |
| Tangible fixed assets | 22/27 | €167,833 | €121,893 | -€45,939 | -27.4% |
| Land and buildings | 22 | €167,833 | €121,893 | -€45,939 | -27.4% |
| Financial fixed assets | 28 | €78,000 | - | -€78,000 | |
| Current assets | 29/58 | €925,818 | €810,984 | -€114,834 | -12.4% |
| Amounts receivable after more than one year | 29 | €650,000 | €650,000 | = | 0.0% |
| Other amounts receivable | 291 | €650,000 | €650,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €183,484 | €158,538 | -€24,946 | -13.6% |
| Trade receivables | 40 | €183,484 | €29,928 | -€153,556 | -83.7% |
| Other amounts receivable | 41 | - | €128,610 | +€128,610 | |
| Cash at bank and in hand | 54/58 | €68,267 | €2,446 | -€65,821 | -96.4% |
| Deferred charges and accrued income | 490/1 | €24,067 | - | -€24,067 | |
| Total equity and liabilities | 10/49 | €1,171,651 | €932,877 | -€238,773 | -20.4% |
| Equity | 10/15 | €74,355 | €17,430 | -€56,925 | -76.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €490,471 | €490,471 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,386 | €37,386 | = | 0.0% |
| Distributable reserves | 133 | €451,225 | €451,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€422,316 | -€479,241 | -€56,925 | -13.5% |
| Provisions and deferred taxes | 16 | €140,431 | - | -€140,431 | |
| Provisions for liabilities and charges | 160/5 | €140,431 | - | -€140,431 | |
| Pensions and similar obligations | 160 | €40,431 | - | -€40,431 | |
| Environmental obligations | 163 | €100,000 | - | -€100,000 | |
| Amounts payable | 17/49 | €956,866 | €915,447 | -€41,418 | -4.3% |
| Amounts payable after more than one year | 17 | €334,185 | €420,000 | +€85,815 | +25.7% |
| Financial debts | 170/4 | €334,185 | €420,000 | +€85,815 | +25.7% |
| Amounts payable within one year | 42/48 | €622,681 | €495,447 | -€127,233 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €86,203 | - | -€86,203 | |
| Financial debts | 43 | €33,291 | - | -€33,291 | |
| Credit institutions | 430/8 | €33,291 | - | -€33,291 | |
| Trade debts | 44 | €107,127 | €42,389 | -€64,738 | -60.4% |
| Suppliers | 440/4 | €107,127 | - | -€107,127 | |
| Bills of exchange payable | 441 | - | €42,389 | +€42,389 | |
| Taxes, remuneration and social security | 45 | €17,631 | €39,947 | +€22,316 | +127% |
| Taxes | 450/3 | €9,790 | €39,947 | +€30,156 | +308% |
| Remuneration and social security | 454/9 | €7,840 | - | -€7,840 | |
| Other amounts payable | 47/48 | €378,430 | €413,111 | +€34,682 | +9.2% |
| Non-recurring operating income | 76A | €12,452 | €14,292 | +€1,840 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,939 | €45,939 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €27,392 | +€27,392 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€140,431 | -€140,431 | |
| Other operating charges | 640/8 | €2,964 | €8,967 | +€6,003 | +202% |
| Non-recurring operating charges | 66A | - | €6,200 | +€6,200 | |
| Gross operating margin | 9900 | €81,368 | €14,842 | -€66,526 | -81.8% |
| Operating profit (loss) | 9901 | €32,464 | €66,774 | +€34,309 | +106% |
| Financial income | 75/76B | €4,088 | €38 | -€4,050 | -99.1% |
| Recurring financial income | 75 | €4,088 | €38 | -€4,050 | -99.1% |
| Financial charges | 65/66B | €29,802 | €123,736 | +€93,935 | +315% |
| Recurring financial charges | 65 | €29,802 | €51,936 | +€22,135 | +74.3% |
| Non-recurring financial charges | 66B | - | €71,800 | +€71,800 | |
| Profit (loss) for the period before taxes | 9903 | €6,750 | -€56,925 | -€63,675 | |
| Income taxes | 67/77 | €3,000 | - | -€3,000 | |
| Profit (loss) for the period | 9904 | €3,750 | -€56,925 | -€60,675 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,750 | -€56,925 | -€60,675 |
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 28 October 2026 via checked.be.