High Performance Solutions: 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 Solutions
Largest movements
- Current investments -€175,031
down €175,031 (-52.5%), from €333,358 to €158,327
- Cash +€59,609
up €59,609 (+385%), from €15,479 to €75,089
mainly Current investments (+€175,031) and Net result for the year (+€148,131)
- Deferred charges and accrued income -€5,346
down €5,346 (-79.9%), from €6,690 to €1,344
- Receivables within one year -€4,753
down €4,753 (-20.2%), from €23,490 to €18,737
of which Trade receivables: -€3,921
- Profit (loss) carried forward -€147,750
down €147,750 (-49.9%), from €296,156 to €148,406
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Tax, wage and social debts +€6,854
up €6,854 (+17.5%), from €39,105 to €45,959
of which Taxes: +€10,511
- Financial income +€86,720
up €86,720 (+662%), from €13,109 to €99,830
- Taxes +€21,396
up €21,396 (+65.3%), from €32,743 to €54,139
- Financial charges -€14,379
down €14,379 (-97.5%), from €14,752 to €373
- Gross operating margin +€8,487
up €8,487 (+8.9%), from €94,856 to €103,343
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.
Derived cash bridge
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 | €456,403 | €330,563 | -€125,840 | -27.6% |
| Fixed assets | 21/28 | €2,386 | €2,066 | -€319 | -13.4% |
| Tangible fixed assets | 22/27 | €436 | €116 | -€319 | -73.3% |
| Furniture and vehicles | 24 | €436 | €116 | -€319 | -73.3% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €454,018 | €328,497 | -€125,521 | -27.6% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,490 | €18,737 | -€4,753 | -20.2% |
| Trade receivables | 40 | €21,537 | €17,616 | -€3,921 | -18.2% |
| Other amounts receivable | 41 | €1,953 | €1,122 | -€832 | -42.6% |
| Current investments | 50/53 | €333,358 | €158,327 | -€175,031 | -52.5% |
| Cash at bank and in hand | 54/58 | €15,479 | €75,089 | +€59,609 | +385% |
| Deferred charges and accrued income | 490/1 | €6,690 | €1,344 | -€5,346 | -79.9% |
| Total equity and liabilities | 10/49 | €456,403 | €330,563 | -€125,840 | -27.6% |
| Equity | 10/15 | €406,701 | €271,351 | -€135,350 | -33.3% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €104,345 | €104,345 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €102,485 | €104,345 | +€1,860 | +1.8% |
| Profit (loss) carried forward | 14 | €296,156 | €148,406 | -€147,750 | -49.9% |
| Amounts payable | 17/49 | €49,702 | €59,212 | +€9,509 | +19.1% |
| Amounts payable within one year | 42/48 | €49,702 | €59,212 | +€9,509 | +19.1% |
| Trade debts | 44 | €5,430 | €7,262 | +€1,831 | +33.7% |
| Suppliers | 440/4 | €5,430 | €7,262 | +€1,831 | +33.7% |
| Taxes, remuneration and social security | 45 | €39,105 | €45,959 | +€6,854 | +17.5% |
| Taxes | 450/3 | €35,447 | €45,959 | +€10,511 | +29.7% |
| Remuneration and social security | 454/9 | €3,658 | €0 | -€3,658 | -100% |
| Other amounts payable | 47/48 | €5,167 | €5,992 | +€825 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,077 | €319 | -€758 | -70.3% |
| Other operating charges | 640/8 | €1,120 | €211 | -€909 | -81.1% |
| Gross operating margin | 9900 | €94,856 | €103,343 | +€8,487 | +8.9% |
| Operating profit (loss) | 9901 | €92,659 | €102,812 | +€10,154 | +11.0% |
| Financial income | 75/76B | €13,109 | €99,830 | +€86,720 | +662% |
| Recurring financial income | 75 | €13,109 | €99,830 | +€86,720 | +662% |
| Financial charges | 65/66B | €14,752 | €373 | -€14,379 | -97.5% |
| Recurring financial charges | 65 | €14,752 | €373 | -€14,379 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | €91,016 | €202,269 | +€111,253 | +122% |
| Income taxes | 67/77 | €32,743 | €54,139 | +€21,396 | +65.3% |
| Profit (loss) for the period | 9904 | €58,273 | €148,131 | +€89,857 | +154% |
| Profit (loss) for the period to be appropriated | 9905 | €58,273 | €148,131 | +€89,857 | +154% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.