HIGHFIELD FARM: 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 FARM
Largest movements
- Stocks and contracts +€696,173
up €696,173 (+167%), from €416,200 to €1.1m
- Tangible fixed assets -€332,287
down €332,287 (-83.2%), from €399,543 to €67,255
of which Land and buildings: -€328,658
- Receivables within one year +€131,699
up €131,699 (+57.4%), from €229,488 to €361,187
of which Other amounts receivable: +€104,927
- Cash +€51,643
up €51,643 (+116%), from €44,473 to €96,116
mainly Net result for the year (+€422,604) and Investment in fixed assets (net) (+€316,408)
- Reserves +€422,604
up €422,604 (+292%), from €144,720 to €567,323
of which Distributable reserves: +€422,604
- Debts after one year -€150,579
down €150,579 (-68.3%), from €220,579 to €70,000
- Tax, wage and social debts +€130,350
up €130,350 (+434%), from €30,040 to €160,390
- Advances received +€110,500
up €110,500 (+2,210%), from €5,000 to €115,500
- Trade debts +€30,406
up €30,406 (+13.8%), from €219,877 to €250,282
- Gross operating margin +€470,879
up €470,879 (+342%), from €137,858 to €608,737
- Taxes +€130,254
up €130,254 (+519%), from €25,100 to €155,354
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 | €1,094,180 | €1,639,877 | +€545,697 | +49.9% |
| Fixed assets | 21/28 | €399,543 | €67,255 | -€332,287 | -83.2% |
| Tangible fixed assets | 22/27 | €399,543 | €67,255 | -€332,287 | -83.2% |
| Land and buildings | 22 | €328,658 | €0 | -€328,658 | -100% |
| Plant, machinery and equipment | 23 | €857 | €172 | -€684 | -79.9% |
| Furniture and vehicles | 24 | €70,029 | €67,083 | -€2,946 | -4.2% |
| Current assets | 29/58 | €694,637 | €1,572,622 | +€877,985 | +126% |
| Stocks and contracts in progress | 3 | €416,200 | €1,112,373 | +€696,173 | +167% |
| Stocks | 30/36 | €416,200 | €1,112,373 | +€696,173 | +167% |
| Amounts receivable within one year | 40/41 | €229,488 | €361,187 | +€131,699 | +57.4% |
| Trade receivables | 40 | €228,160 | €254,932 | +€26,772 | +11.7% |
| Other amounts receivable | 41 | €1,328 | €106,255 | +€104,927 | +7,902% |
| Cash at bank and in hand | 54/58 | €44,473 | €96,116 | +€51,643 | +116% |
| Deferred charges and accrued income | 490/1 | €4,475 | €2,946 | -€1,530 | -34.2% |
| Total equity and liabilities | 10/49 | €1,094,180 | €1,639,877 | +€545,697 | +49.9% |
| Equity | 10/15 | €163,320 | €585,923 | +€422,604 | +259% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,720 | €567,323 | +€422,604 | +292% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €142,860 | €565,463 | +€422,604 | +296% |
| Amounts payable | 17/49 | €930,860 | €1,053,954 | +€123,094 | +13.2% |
| Amounts payable after more than one year | 17 | €220,579 | €70,000 | -€150,579 | -68.3% |
| Financial debts | 170/4 | €220,579 | €70,000 | -€150,579 | -68.3% |
| Amounts payable within one year | 42/48 | €708,781 | €982,454 | +€273,673 | +38.6% |
| Current portion of amounts payable after more than one year | 42 | €23,322 | €0 | -€23,322 | -100% |
| Trade debts | 44 | €219,877 | €250,282 | +€30,406 | +13.8% |
| Suppliers | 440/4 | €219,877 | €250,282 | +€30,406 | +13.8% |
| Advances received on contracts in progress | 46 | €5,000 | €115,500 | +€110,500 | +2,210% |
| Taxes, remuneration and social security | 45 | €30,040 | €160,390 | +€130,350 | +434% |
| Taxes | 450/3 | €30,040 | €160,390 | +€130,350 | +434% |
| Other amounts payable | 47/48 | €430,542 | €456,281 | +€25,740 | +6.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | €149 | +€149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,857 | €15,880 | -€5,978 | -27.3% |
| Other operating charges | 640/8 | €5,513 | €4,676 | -€838 | -15.2% |
| Gross operating margin | 9900 | €137,858 | €608,737 | +€470,879 | +342% |
| Operating profit (loss) | 9901 | €110,488 | €588,033 | +€477,545 | +432% |
| Financial income | 75/76B | €27 | €1,396 | +€1,369 | +5,026% |
| Recurring financial income | 75 | €27 | €1,396 | +€1,369 | +5,026% |
| Financial charges | 65/66B | €9,250 | €11,472 | +€2,221 | +24.0% |
| Recurring financial charges | 65 | €9,250 | €11,472 | +€2,221 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €101,265 | €577,958 | +€476,693 | +471% |
| Income taxes | 67/77 | €25,100 | €155,354 | +€130,254 | +519% |
| Profit (loss) for the period | 9904 | €76,165 | €422,604 | +€346,439 | +455% |
| Profit (loss) for the period to be appropriated | 9905 | €76,165 | €422,604 | +€346,439 | +455% |
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 24 October 2026 via checked.be.