HIGHFIVE DEVELOPMENT: 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.
HIGHFIVE DEVELOPMENT
Largest movements
- Tangible fixed assets +€9,587
up €9,587 (+627%), from €1,528 to €11,115
- Receivables within one year +€3,197
up €3,197 (+8.5%), from €37,486 to €40,683
of which Other amounts receivable: +€7,541
- Cash +€3,172
up €3,172 (+264%), from €1,203 to €4,375
mainly Net result for the year (+€9,999) and Tax, wage and social debts (+€8,376)
- Tax, wage and social debts +€8,376
up €8,376 (+72.7%), from €11,514 to €19,889
- Reserves +€5,129
up €5,129 (+40.7%), from €12,610 to €17,739
- Profit (loss) carried forward +€4,871
no longer reported in 2025 (was -€4,871)
- Trade debts -€1,925
down €1,925 (-52.2%), from €3,690 to €1,765
- Depreciation +€5,348
up €5,348 (+8,190%), from €65 to €5,413
- Gross operating margin +€2,112
up €2,112 (+10.1%), from €20,941 to €23,053
- Other operating charges +€1,159
up €1,159 (+299%), from €387 to €1,546
- Financial income +€849
up €849 (+104%), from €820 to €1,669
- Financial charges -€747
down €747 (-73.2%), from €1,020 to €274
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 | €40,319 | €56,769 | +€16,450 | +40.8% |
| Fixed assets | 21/28 | €1,528 | €11,115 | +€9,587 | +627% |
| Tangible fixed assets | 22/27 | €1,528 | €11,115 | +€9,587 | +627% |
| Furniture and vehicles | 24 | €1,528 | €11,115 | +€9,587 | +627% |
| Current assets | 29/58 | €38,791 | €45,654 | +€6,863 | +17.7% |
| Amounts receivable within one year | 40/41 | €37,486 | €40,683 | +€3,197 | +8.5% |
| Trade receivables | 40 | €10,438 | €6,095 | -€4,343 | -41.6% |
| Other amounts receivable | 41 | €27,048 | €34,588 | +€7,541 | +27.9% |
| Cash at bank and in hand | 54/58 | €1,203 | €4,375 | +€3,172 | +264% |
| Deferred charges and accrued income | 490/1 | €102 | €595 | +€493 | +482% |
| Total equity and liabilities | 10/49 | €40,319 | €56,769 | +€16,450 | +40.8% |
| Equity | 10/15 | €13,940 | €23,939 | +€9,999 | +71.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,610 | €17,739 | +€5,129 | +40.7% |
| Distributable reserves | 133 | €12,610 | €17,739 | +€5,129 | +40.7% |
| Profit (loss) carried forward | 14 | -€4,871 | - | +€4,871 | |
| Amounts payable | 17/49 | €26,380 | €32,830 | +€6,450 | +24.5% |
| Amounts payable within one year | 42/48 | €26,380 | €32,830 | +€6,450 | +24.5% |
| Trade debts | 44 | €3,690 | €1,765 | -€1,925 | -52.2% |
| Suppliers | 440/4 | €3,690 | €1,765 | -€1,925 | -52.2% |
| Taxes, remuneration and social security | 45 | €11,514 | €19,889 | +€8,376 | +72.7% |
| Taxes | 450/3 | €11,514 | €19,889 | +€8,376 | +72.7% |
| Other amounts payable | 47/48 | €11,176 | €11,176 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65 | €5,413 | +€5,348 | +8,190% |
| Other operating charges | 640/8 | €387 | €1,546 | +€1,159 | +299% |
| Gross operating margin | 9900 | €20,941 | €23,053 | +€2,112 | +10.1% |
| Operating profit (loss) | 9901 | €20,488 | €16,093 | -€4,395 | -21.5% |
| Financial income | 75/76B | €820 | €1,669 | +€849 | +104% |
| Recurring financial income | 75 | €820 | €1,669 | +€849 | +104% |
| Financial charges | 65/66B | €1,020 | €274 | -€747 | -73.2% |
| Recurring financial charges | 65 | €1,020 | €274 | -€747 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €20,287 | €17,489 | -€2,799 | -13.8% |
| Income taxes | 67/77 | €7,677 | €7,489 | -€188 | -2.4% |
| Profit (loss) for the period | 9904 | €12,610 | €9,999 | -€2,611 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,610 | €9,999 | -€2,611 | -20.7% |
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 30 October 2026 via checked.be.