HIGHER PEOPLE: 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.
HIGHER PEOPLE
Largest movements
- Cash +€58,544
up €58,544 (+25.1%), from €233,330 to €291,874
mainly Other debts (+€183,741) and Net result for the year (+€86,591)
- Receivables within one year -€14,465
down €14,465 (-48.6%), from €29,741 to €15,276
of which Trade receivables: -€29,741
- Other debts +€183,741
up €183,741 (+2,874%), from €6,393 to €190,135
- Profit (loss) carried forward -€180,261
down €180,261 (-97.6%), from €184,751 to €4,491
- Reserves +€42,100
up €42,100 (+50.0%), from €84,200 to €126,300
- Gross operating margin -€63,482
down €63,482 (-34.5%), from €183,975 to €120,494
- Taxes -€14,617
down €14,617 (-36.8%), from €39,746 to €25,129
- Financial income +€4,065
new in 2025: €4,065
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 | €354,312 | €396,893 | +€42,581 | +12.0% |
| Fixed assets | 21/28 | €39,068 | €36,365 | -€2,704 | -6.9% |
| Tangible fixed assets | 22/27 | €39,068 | €36,365 | -€2,704 | -6.9% |
| Land and buildings | 22 | €30,248 | €26,819 | -€3,429 | -11.3% |
| Plant, machinery and equipment | 23 | €2,482 | €1,636 | -€846 | -34.1% |
| Furniture and vehicles | 24 | €6,339 | €7,909 | +€1,571 | +24.8% |
| Current assets | 29/58 | €315,244 | €360,528 | +€45,285 | +14.4% |
| Amounts receivable within one year | 40/41 | €29,741 | €15,276 | -€14,465 | -48.6% |
| Trade receivables | 40 | €29,741 | - | -€29,741 | |
| Other amounts receivable | 41 | - | €15,276 | +€15,276 | |
| Current investments | 50/53 | €50,000 | €50,827 | +€827 | +1.7% |
| Cash at bank and in hand | 54/58 | €233,330 | €291,874 | +€58,544 | +25.1% |
| Deferred charges and accrued income | 490/1 | €2,172 | €2,551 | +€379 | +17.4% |
| Total equity and liabilities | 10/49 | €354,312 | €396,893 | +€42,581 | +12.0% |
| Equity | 10/15 | €270,951 | €132,791 | -€138,161 | -51.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €84,200 | €126,300 | +€42,100 | +50.0% |
| Tax-exempt reserves | 132 | €84,200 | €126,300 | +€42,100 | +50.0% |
| Profit (loss) carried forward | 14 | €184,751 | €4,491 | -€180,261 | -97.6% |
| Amounts payable | 17/49 | €83,361 | €264,102 | +€180,741 | +217% |
| Amounts payable within one year | 42/48 | €83,361 | €264,102 | +€180,741 | +217% |
| Trade debts | 44 | €2,533 | €1,912 | -€621 | -24.5% |
| Suppliers | 440/4 | €2,533 | €1,912 | -€621 | -24.5% |
| Taxes, remuneration and social security | 45 | €74,434 | €72,055 | -€2,379 | -3.2% |
| Taxes | 450/3 | €74,434 | €72,055 | -€2,379 | -3.2% |
| Other amounts payable | 47/48 | €6,393 | €190,135 | +€183,741 | +2,874% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,653 | €8,384 | +€1,731 | +26.0% |
| Other operating charges | 640/8 | €53 | €269 | +€216 | +407% |
| Gross operating margin | 9900 | €183,975 | €120,494 | -€63,482 | -34.5% |
| Operating profit (loss) | 9901 | €177,269 | €111,840 | -€65,429 | -36.9% |
| Financial income | 75/76B | - | €4,065 | +€4,065 | |
| Recurring financial income | 75 | - | €4,065 | +€4,065 | |
| Financial charges | 65/66B | €3,571 | €4,186 | +€616 | +17.2% |
| Recurring financial charges | 65 | €3,571 | €4,186 | +€616 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €173,698 | €111,719 | -€61,979 | -35.7% |
| Income taxes | 67/77 | €39,746 | €25,129 | -€14,617 | -36.8% |
| Profit (loss) for the period | 9904 | €133,953 | €86,591 | -€47,362 | -35.4% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €42,100 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,853 | €44,491 | -€47,362 | -51.6% |
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 17 October 2026 via checked.be.