high voltage pinball: 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 voltage pinball
Largest movements
- Cash -€46,498
down €46,498 (-29.9%), from €155,438 to €108,940
mainly Trade debts (-€206,611) and Investment in fixed assets (net) (-€108,697)
- Receivables within one year -€33,956
down €33,956 (-16.8%), from €202,309 to €168,353
of which Trade receivables: -€19,264
- Tangible fixed assets +€32,072
up €32,072 (+18.3%), from €175,252 to €207,324
of which Plant, machinery and equipment: +€35,482
- Stocks and contracts +€11,059
up €11,059 (+79.7%), from €13,869 to €24,928
- Intangible fixed assets +€5,811
up €5,811 (+124%), from €4,688 to €10,498
- Trade debts -€206,611
down €206,611 (-98.4%), from €209,979 to €3,369
- Profit (loss) carried forward +€106,267
up €106,267 (+56.0%), from €189,699 to €295,966
- Reserves +€30,000
new in 2025: €30,000
- Tax, wage and social debts +€24,965
up €24,965 (+80.6%), from €30,973 to €55,938
- Other debts -€18,683
down €18,683 (-26.1%), from €71,633 to €52,950
- Gross operating margin +€79,206
up €79,206 (+48.2%), from €164,379 to €243,586
- Financial income +€25,718
up €25,718 (+284%), from €9,070 to €34,788
of which Non-recurring financial income: +€25,662
- Taxes +€25,272
up €25,272 (+90.3%), from €27,973 to €53,245
- Write-downs +€15,288
up €15,288, from -€2,548 to €12,740
- Depreciation +€6,851
up €6,851 (+10.7%), from €63,964 to €70,814
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 | €553,891 | €521,186 | -€32,704 | -5.9% |
| Fixed assets | 21/28 | €179,939 | €217,822 | +€37,883 | +21.1% |
| Intangible fixed assets | 21 | €4,688 | €10,498 | +€5,811 | +124% |
| Tangible fixed assets | 22/27 | €175,252 | €207,324 | +€32,072 | +18.3% |
| Plant, machinery and equipment | 23 | €169,959 | €205,442 | +€35,482 | +20.9% |
| Furniture and vehicles | 24 | - | €925 | +€925 | |
| Other tangible fixed assets | 26 | €1,318 | €958 | -€360 | -27.3% |
| Assets under construction and advance payments | 27 | €3,975 | - | -€3,975 | |
| Current assets | 29/58 | €373,951 | €303,364 | -€70,587 | -18.9% |
| Stocks and contracts in progress | 3 | €13,869 | €24,928 | +€11,059 | +79.7% |
| Stocks | 30/36 | €13,869 | €24,928 | +€11,059 | +79.7% |
| Amounts receivable within one year | 40/41 | €202,309 | €168,353 | -€33,956 | -16.8% |
| Trade receivables | 40 | €178,639 | €159,375 | -€19,264 | -10.8% |
| Other amounts receivable | 41 | €23,670 | €8,978 | -€14,692 | -62.1% |
| Cash at bank and in hand | 54/58 | €155,438 | €108,940 | -€46,498 | -29.9% |
| Deferred charges and accrued income | 490/1 | €2,336 | €1,144 | -€1,192 | -51.0% |
| Total equity and liabilities | 10/49 | €553,891 | €521,186 | -€32,704 | -5.9% |
| Equity | 10/15 | €194,699 | €330,966 | +€136,267 | +70.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | €189,699 | €295,966 | +€106,267 | +56.0% |
| Amounts payable | 17/49 | €359,192 | €190,220 | -€168,972 | -47.0% |
| Amounts payable within one year | 42/48 | €358,846 | €189,712 | -€169,134 | -47.1% |
| Current portion of amounts payable after more than one year | 42 | €4,858 | €20,121 | +€15,263 | +314% |
| Financial debts | 43 | €353 | - | -€353 | |
| Other loans | 439 | €353 | - | -€353 | |
| Trade debts | 44 | €209,979 | €3,369 | -€206,611 | -98.4% |
| Suppliers | 440/4 | €209,979 | €3,369 | -€206,611 | -98.4% |
| Advances received on contracts in progress | 46 | €41,050 | €57,334 | +€16,284 | +39.7% |
| Taxes, remuneration and social security | 45 | €30,973 | €55,938 | +€24,965 | +80.6% |
| Taxes | 450/3 | €30,973 | €55,938 | +€24,965 | +80.6% |
| Other amounts payable | 47/48 | €71,633 | €52,950 | -€18,683 | -26.1% |
| Accrued charges and deferred income | 492/3 | €345 | €508 | +€162 | +47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,964 | €70,814 | +€6,851 | +10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,548 | €12,740 | +€15,288 | |
| Other operating charges | 640/8 | €384 | €1,517 | +€1,132 | +295% |
| Non-recurring operating charges | 66A | €1,377 | €471 | -€906 | -65.8% |
| Gross operating margin | 9900 | €164,379 | €243,586 | +€79,206 | +48.2% |
| Operating profit (loss) | 9901 | €101,203 | €158,044 | +€56,841 | +56.2% |
| Financial income | 75/76B | €9,070 | €34,788 | +€25,718 | +284% |
| Recurring financial income | 75 | €73 | €129 | +€56 | +76.9% |
| Non-recurring financial income | 76B | €8,997 | €34,659 | +€25,662 | +285% |
| Financial charges | 65/66B | €603 | €3,319 | +€2,717 | +451% |
| Recurring financial charges | 65 | €603 | €1,318 | +€715 | +119% |
| Non-recurring financial charges | 66B | - | €2,002 | +€2,002 | |
| Profit (loss) for the period before taxes | 9903 | €109,670 | €189,512 | +€79,843 | +72.8% |
| Income taxes | 67/77 | €27,973 | €53,245 | +€25,272 | +90.3% |
| Profit (loss) for the period | 9904 | €81,696 | €136,267 | +€54,571 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,696 | €136,267 | +€54,571 | +66.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.