High Tops: what changed
Two fiscal 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 Tops
Largest movements
- Cash +€4,902
up €4,902 (+21.1%), from €23,200 to €28,102
mainly Net result for the year (+€23,121) and Depreciation (+€257)
- Receivables within one year +€4,215
up €4,215 (+85.4%), from €4,935 to €9,150
of which Trade receivables: +€4,160
- Tangible fixed assets +€1,968
up €1,968 (+108.7%), from €1,810 to €3,778
of which Furniture and vehicles: +€2,164
- Deferred charges and accrued income +€1,256
up €1,256 (+101.4%), from €1,239 to €2,495
- Reserves +€23,121
new in 2025: €23,121
- Other debts -€7,320
down €7,320 (-37.0%), from €19,795 to €12,475
- Tax, wage and social debts -€3,539
down €3,539 (-86.9%), from €4,074 to €536
- Gross operating margin +€26,340
up €26,340 (+316.9%), from €8,311 to €34,651
- Taxes +€7,656
up €7,656 (+478.7%), from €1,599 to €9,255
- Financial charges -€656
down €656 (-30.8%), from €2,127 to €1,471
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.
Cash bridge derived
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 | €31,184 | €43,525 | +€12,341 | +39.6% |
| Fixed assets | 21/28 | €1,810 | €3,778 | +€1,968 | +108.7% |
| Tangible fixed assets | 22/27 | €1,810 | €3,778 | +€1,968 | +108.7% |
| Plant, machinery and equipment | 23 | €1,810 | €1,614 | -€196 | -10.8% |
| Furniture and vehicles | 24 | - | €2,164 | +€2,164 | |
| Current assets | 29/58 | €29,374 | €39,747 | +€10,373 | +35.3% |
| Amounts receivable within one year | 40/41 | €4,935 | €9,150 | +€4,215 | +85.4% |
| Trade receivables | 40 | €4,840 | €9,000 | +€4,160 | +86.0% |
| Other amounts receivable | 41 | €95 | €150 | +€55 | +58.5% |
| Cash at bank and in hand | 54/58 | €23,200 | €28,102 | +€4,902 | +21.1% |
| Deferred charges and accrued income | 490/1 | €1,239 | €2,495 | +€1,256 | +101.4% |
| Total equity and liabilities | 10/49 | €31,184 | €43,525 | +€12,341 | +39.6% |
| Equity | 10/15 | €5,087 | €28,208 | +€23,121 | +454.5% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | - | €23,121 | +€23,121 | |
| Distributable reserves | 133 | - | €23,121 | +€23,121 | |
| Profit (loss) carried forward | 14 | €3,887 | €3,887 | = | 0.0% |
| Amounts payable | 17/49 | €26,097 | €15,317 | -€10,780 | -41.3% |
| Amounts payable within one year | 42/48 | €26,097 | €15,317 | -€10,780 | -41.3% |
| Trade debts | 44 | €2,228 | €2,306 | +€78 | +3.5% |
| Suppliers | 440/4 | €2,228 | €2,306 | +€78 | +3.5% |
| Taxes, remuneration and social security | 45 | €4,074 | €536 | -€3,539 | -86.9% |
| Taxes | 450/3 | €4,074 | €536 | -€3,539 | -86.9% |
| Other amounts payable | 47/48 | €19,795 | €12,475 | -€7,320 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152 | €257 | +€105 | +68.9% |
| Other operating charges | 640/8 | €545 | €569 | +€24 | +4.4% |
| Gross operating margin | 9900 | €8,311 | €34,651 | +€26,340 | +316.9% |
| Operating profit (loss) | 9901 | €7,613 | €33,824 | +€26,211 | +344.3% |
| Financial income | 75/76B | €0 | €23 | +€23 | +7274.2% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +7274.2% |
| Financial charges | 65/66B | €2,127 | €1,471 | -€656 | -30.8% |
| Recurring financial charges | 65 | €2,127 | €1,471 | -€656 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €5,486 | €32,376 | +€26,890 | +490.1% |
| Income taxes | 67/77 | €1,599 | €9,255 | +€7,656 | +478.7% |
| Profit (loss) for the period | 9904 | €3,887 | €23,121 | +€19,234 | +494.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,887 | €23,121 | +€19,234 | +494.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.