HIGHLANDERS AM Group: 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.
HIGHLANDERS AM Group
Largest movements
- Receivables within one year +€1.0m
up €1.0m (+27.0%), from €3.8m to €4.8m
of which Other amounts receivable: +€955,651
- Financial fixed assets -€323,699
down €323,699 (-4.1%), from €7.9m to €7.6m
- Other debts +€855,790
up €855,790 (+86.2%), from €993,044 to €1.8m
- Gross operating margin +€46,592
up €46,592 (+33.2%), from -€140,317 to -€93,725
- Financial charges -€29,271
down €29,271 (-73.7%), from €39,724 to €10,452
- Financial income -€28,998
down €28,998 (-20.4%), from €141,927 to €112,929
- Other operating charges +€6,872
up €6,872 (+716%), from €960 to €7,833
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,908,016 | €16,753,658 | +€845,642 | +5.3% |
| Fixed assets | 21/28 | €7,938,550 | €7,614,851 | -€323,699 | -4.1% |
| Intangible fixed assets | 21 | €25,000 | €25,000 | = | 0.0% |
| Financial fixed assets | 28 | €7,913,550 | €7,589,851 | -€323,699 | -4.1% |
| Current assets | 29/58 | €7,969,466 | €9,138,807 | +€1.2m | +14.7% |
| Amounts receivable within one year | 40/41 | €3,790,185 | €4,812,649 | +€1.0m | +27.0% |
| Trade receivables | 40 | €55,325 | €122,137 | +€66,812 | +121% |
| Other amounts receivable | 41 | €3,734,861 | €4,690,512 | +€955,651 | +25.6% |
| Current investments | 50/53 | €3,810,005 | €3,810,005 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €58 | €6 | -€52 | -89.5% |
| Deferred charges and accrued income | 490/1 | €369,218 | €516,147 | +€146,929 | +39.8% |
| Total equity and liabilities | 10/49 | €15,908,016 | €16,753,658 | +€845,642 | +5.3% |
| Equity | 10/15 | €14,504,080 | €14,504,999 | +€919 | 0.0% |
| Contributions | 10/11 | €6,025,000 | €6,025,000 | = | 0.0% |
| Capital | 10 | €6,025,000 | - | -€6.0m | |
| Issued capital | 100 | €6,025,000 | - | -€6.0m | |
| Contributions outside capital | 11 | - | €6,025,000 | +€6.0m | |
| Other | 1109/19 | - | €6,025,000 | +€6.0m | |
| Reserves | 13 | €4,024,005 | €4,024,005 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,024,005 | €4,024,005 | = | 0.0% |
| Reserves not available under the articles | 1311 | €214,000 | €214,000 | = | 0.0% |
| Own shares acquired | 1312 | €3,810,005 | €3,810,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,455,076 | €4,455,994 | +€919 | 0.0% |
| Amounts payable | 17/49 | €1,403,935 | €2,248,659 | +€844,724 | +60.2% |
| Amounts payable within one year | 42/48 | €1,403,935 | €2,248,659 | +€844,724 | +60.2% |
| Trade debts | 44 | €410,891 | €399,825 | -€11,067 | -2.7% |
| Suppliers | 440/4 | €410,891 | €399,825 | -€11,067 | -2.7% |
| Other amounts payable | 47/48 | €993,044 | €1,848,834 | +€855,790 | +86.2% |
| Other operating charges | 640/8 | €960 | €7,833 | +€6,872 | +716% |
| Gross operating margin | 9900 | -€140,317 | -€93,725 | +€46,592 | +33.2% |
| Operating profit (loss) | 9901 | -€141,277 | -€101,558 | +€39,719 | +28.1% |
| Financial income | 75/76B | €141,927 | €112,929 | -€28,998 | -20.4% |
| Recurring financial income | 75 | €141,927 | €112,929 | -€28,998 | -20.4% |
| Financial charges | 65/66B | €39,724 | €10,452 | -€29,271 | -73.7% |
| Recurring financial charges | 65 | €39,724 | €10,452 | -€29,271 | -73.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,073 | €919 | +€39,992 | |
| Profit (loss) for the period | 9904 | -€39,073 | €919 | +€39,992 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,073 | €919 | +€39,992 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.