Highfield: 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.
Highfield
Largest movements
- Cash +€93,871
up €93,871 (+92.1%), from €101,940 to €195,811
mainly Net result for the year (+€110,382) and Receivables within one year (+€20,876)
- Receivables within one year -€20,876
down €20,876 (-12.4%), from €168,695 to €147,818
of which Trade receivables: -€24,692
- Tangible fixed assets +€17,224
new in 2025: €17,224
of which Other tangible fixed assets: +€13,745
- Reserves +€110,382
up €110,382 (+48.5%), from €227,596 to €337,977
- Tax, wage and social debts -€18,374
down €18,374 (-39.5%), from €46,566 to €28,192
- Gross operating margin +€13,012
up €13,012 (+10.4%), from €124,791 to €137,803
- Taxes +€3,586
up €3,586 (+12.4%), from €28,996 to €32,583
- Financial income +€3,529
up €3,529 (+88.2%), from €4,002 to €7,531
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 | €276,092 | €369,400 | +€93,308 | +33.8% |
| Fixed assets | 21/28 | - | €17,224 | +€17,224 | |
| Tangible fixed assets | 22/27 | - | €17,224 | +€17,224 | |
| Furniture and vehicles | 24 | - | €3,480 | +€3,480 | |
| Other tangible fixed assets | 26 | - | €13,745 | +€13,745 | |
| Current assets | 29/58 | €276,092 | €352,175 | +€76,083 | +27.6% |
| Amounts receivable within one year | 40/41 | €168,695 | €147,818 | -€20,876 | -12.4% |
| Trade receivables | 40 | €49,195 | €24,503 | -€24,692 | -50.2% |
| Other amounts receivable | 41 | €119,500 | €123,316 | +€3,816 | +3.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €101,940 | €195,811 | +€93,871 | +92.1% |
| Deferred charges and accrued income | 490/1 | €5,458 | €8,547 | +€3,089 | +56.6% |
| Total equity and liabilities | 10/49 | €276,092 | €369,400 | +€93,308 | +33.8% |
| Equity | 10/15 | €228,596 | €338,977 | +€110,382 | +48.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €227,596 | €337,977 | +€110,382 | +48.5% |
| Distributable reserves | 133 | €227,596 | €337,977 | +€110,382 | +48.5% |
| Amounts payable | 17/49 | €47,496 | €30,422 | -€17,074 | -35.9% |
| Amounts payable within one year | 42/48 | €47,496 | €30,422 | -€17,074 | -35.9% |
| Trade debts | 44 | €931 | €2,230 | +€1,300 | +139.7% |
| Suppliers | 440/4 | €931 | €2,230 | +€1,300 | +139.7% |
| Taxes, remuneration and social security | 45 | €46,566 | €28,192 | -€18,374 | -39.5% |
| Taxes | 450/3 | €46,566 | €28,192 | -€18,374 | -39.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €184 | +€184 | |
| Other operating charges | 640/8 | €512 | €1,535 | +€1,022 | +199.5% |
| Gross operating margin | 9900 | €124,791 | €137,803 | +€13,012 | +10.4% |
| Operating profit (loss) | 9901 | €124,278 | €136,085 | +€11,806 | +9.5% |
| Financial income | 75/76B | €4,002 | €7,531 | +€3,529 | +88.2% |
| Recurring financial income | 75 | €4,002 | €7,531 | +€3,529 | +88.2% |
| Financial charges | 65/66B | €711 | €651 | -€60 | -8.5% |
| Recurring financial charges | 65 | €711 | €651 | -€60 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €127,569 | €142,964 | +€15,396 | +12.1% |
| Income taxes | 67/77 | €28,996 | €32,583 | +€3,586 | +12.4% |
| Profit (loss) for the period | 9904 | €98,572 | €110,382 | +€11,809 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,572 | €110,382 | +€11,809 | +12.0% |
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 10 October 2026 via checked.be.