HIGH SOCIETY: what changed
HIGH SOCIETY
Largest movements
- Cash -€149,695
down €149,695 (-82.3%), from €181,821 to €32,126
mainly Trade debts (-€141,849) and Tax, wage and social debts (-€51,290)
- Stocks and contracts -€38,658
down €38,658 (-99.6%), from €38,808 to €150
- Receivables within one year +€7,727
up €7,727 (+2.6%), from €298,487 to €306,214
of which Other amounts receivable: +€30,111
- Trade debts -€141,849
down €141,849 (-40.0%), from €354,523 to €212,674
- Tax, wage and social debts -€51,290
down €51,290 (-90.5%), from €56,643 to €5,353
- Reserves +€19,719
up €19,719 (+17.7%), from €111,449 to €131,168
- Other debts -€9,747
no longer reported in 2025 (was €9,747)
- Gross operating margin -€2,181
down €2,181 (-33.9%), from €6,425 to €4,244
- Depreciation -€1,786
down €1,786 (-23.1%), from €7,746 to €5,960
- Financial charges -€536
down €536 (-22.3%), from €2,403 to €1,867
- Taxes -€290
down €290 (-5.1%), from €5,643 to €5,353
- Financial income +€271
up €271 (+0.9%), from €29,998 to €30,269
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €553,871 | €370,267 | -€183,604 | -33.1% |
| Fixed assets | 21/28 | €29,881 | €23,921 | -€5,960 | -19.9% |
| Intangible fixed assets | 21 | €3,245 | €1,600 | -€1,645 | -50.7% |
| Tangible fixed assets | 22/27 | €26,636 | €22,321 | -€4,315 | -16.2% |
| Other tangible fixed assets | 26 | €26,636 | €22,321 | -€4,315 | -16.2% |
| Current assets | 29/58 | €523,990 | €346,346 | -€177,644 | -33.9% |
| Stocks and contracts in progress | 3 | €38,808 | €150 | -€38,658 | -99.6% |
| Stocks | 30/36 | €38,808 | €150 | -€38,658 | -99.6% |
| Amounts receivable within one year | 40/41 | €298,487 | €306,214 | +€7,727 | +2.6% |
| Trade receivables | 40 | €194,561 | €172,177 | -€22,384 | -11.5% |
| Other amounts receivable | 41 | €103,926 | €134,037 | +€30,111 | +29.0% |
| Cash at bank and in hand | 54/58 | €181,821 | €32,126 | -€149,695 | -82.3% |
| Deferred charges and accrued income | 490/1 | €4,874 | €7,856 | +€2,982 | +61.2% |
| Total equity and liabilities | 10/49 | €553,871 | €370,267 | -€183,604 | -33.1% |
| Equity | 10/15 | €132,520 | €152,239 | +€19,719 | +14.9% |
| Contributions | 10/11 | €21,071 | €21,071 | -€0 | 0.0% |
| Reserves | 13 | €111,449 | €131,168 | +€19,719 | +17.7% |
| Distributable reserves | 133 | €111,449 | €131,168 | +€19,719 | +17.7% |
| Amounts payable | 17/49 | €421,351 | €218,027 | -€203,324 | -48.3% |
| Amounts payable within one year | 42/48 | €420,913 | €218,027 | -€202,886 | -48.2% |
| Trade debts | 44 | €354,523 | €212,674 | -€141,849 | -40.0% |
| Suppliers | 440/4 | €354,523 | €212,674 | -€141,849 | -40.0% |
| Taxes, remuneration and social security | 45 | €56,643 | €5,353 | -€51,290 | -90.5% |
| Taxes | 450/3 | €56,643 | €5,353 | -€51,290 | -90.5% |
| Other amounts payable | 47/48 | €9,747 | - | -€9,747 | |
| Accrued charges and deferred income | 492/3 | €438 | - | -€438 | |
| Non-recurring operating income | 76A | €197 | - | -€197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,746 | €5,960 | -€1,786 | -23.1% |
| Other operating charges | 640/8 | €387 | €630 | +€243 | +62.8% |
| Non-recurring operating charges | 66A | - | €983 | +€983 | |
| Gross operating margin | 9900 | €6,425 | €4,244 | -€2,181 | -33.9% |
| Operating profit (loss) | 9901 | -€1,708 | -€3,329 | -€1,621 | -94.9% |
| Financial income | 75/76B | €29,998 | €30,269 | +€271 | +0.9% |
| Recurring financial income | 75 | €29,998 | €30,269 | +€271 | +0.9% |
| Financial charges | 65/66B | €2,403 | €1,867 | -€536 | -22.3% |
| Recurring financial charges | 65 | €2,403 | €1,867 | -€536 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €25,887 | €25,072 | -€815 | -3.1% |
| Income taxes | 67/77 | €5,643 | €5,353 | -€290 | -5.1% |
| Profit (loss) for the period | 9904 | €20,244 | €19,719 | -€525 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,244 | €19,719 | -€525 | -2.6% |
Next steps
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 2 November 2026 via checked.be.