HIGHTOPP: 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.
HIGHTOPP
Largest movements
- Cash -€15,932
down €15,932 (-34.3%), from €46,506 to €30,574
mainly Contributions, distributions and other (-€56,983) and Receivables within one year (-€14,478)
- Receivables within one year +€14,478
up €14,478 (+64.2%), from €22,550 to €37,028
of which Trade receivables: +€14,438
- Tangible fixed assets -€4,089
down €4,089 (-41.7%), from €9,811 to €5,722
- Current investments +€4,000
new in 2025: €4,000
- Other debts +€19,045
up €19,045 (+287.2%), from €6,631 to €25,676
- Debts after one year -€10,469
down €10,469 (-51.1%), from €20,480 to €10,011
- Profit (loss) carried forward -€8,180
down €8,180 (-99.4%), from €8,234 to €53
- Trade debts -€4,292
down €4,292 (-46.9%), from €9,146 to €4,855
- Tax, wage and social debts +€2,014
up €2,014 (+36.8%), from €5,469 to €7,483
- Gross operating margin +€13,283
up €13,283 (+23.4%), from €56,741 to €70,024
- Taxes +€6,507
up €6,507 (+77.4%), from €8,405 to €14,912
- Depreciation +€1,751
up €1,751 (+74.9%), from €2,338 to €4,089
- Other operating charges -€740
down €740 (-45.2%), from €1,638 to €898
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 | €80,347 | €78,917 | -€1,430 | -1.8% |
| Fixed assets | 21/28 | €9,811 | €5,722 | -€4,089 | -41.7% |
| Tangible fixed assets | 22/27 | €9,811 | €5,722 | -€4,089 | -41.7% |
| Furniture and vehicles | 24 | €9,811 | €5,722 | -€4,089 | -41.7% |
| Current assets | 29/58 | €70,535 | €73,195 | +€2,659 | +3.8% |
| Amounts receivable within one year | 40/41 | €22,550 | €37,028 | +€14,478 | +64.2% |
| Trade receivables | 40 | €15,942 | €30,380 | +€14,438 | +90.6% |
| Other amounts receivable | 41 | €6,608 | €6,648 | +€40 | +0.6% |
| Current investments | 50/53 | - | €4,000 | +€4,000 | |
| Cash at bank and in hand | 54/58 | €46,506 | €30,574 | -€15,932 | -34.3% |
| Deferred charges and accrued income | 490/1 | €1,480 | €1,593 | +€113 | +7.6% |
| Total equity and liabilities | 10/49 | €80,347 | €78,917 | -€1,430 | -1.8% |
| Equity | 10/15 | €28,234 | €20,053 | -€8,180 | -29.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,234 | €53 | -€8,180 | -99.4% |
| Amounts payable | 17/49 | €52,113 | €58,863 | +€6,750 | +13.0% |
| Amounts payable after more than one year | 17 | €20,480 | €10,011 | -€10,469 | -51.1% |
| Financial debts | 170/4 | €20,480 | €10,011 | -€10,469 | -51.1% |
| Amounts payable within one year | 42/48 | €31,263 | €48,483 | +€17,220 | +55.1% |
| Current portion of amounts payable after more than one year | 42 | €10,017 | €10,469 | +€452 | +4.5% |
| Trade debts | 44 | €9,146 | €4,855 | -€4,292 | -46.9% |
| Suppliers | 440/4 | €9,146 | €4,855 | -€4,292 | -46.9% |
| Taxes, remuneration and social security | 45 | €5,469 | €7,483 | +€2,014 | +36.8% |
| Taxes | 450/3 | €5,469 | €7,483 | +€2,014 | +36.8% |
| Other amounts payable | 47/48 | €6,631 | €25,676 | +€19,045 | +287.2% |
| Accrued charges and deferred income | 492/3 | €370 | €370 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,338 | €4,089 | +€1,751 | +74.9% |
| Other operating charges | 640/8 | €1,638 | €898 | -€740 | -45.2% |
| Gross operating margin | 9900 | €56,741 | €70,024 | +€13,283 | +23.4% |
| Operating profit (loss) | 9901 | €52,765 | €65,036 | +€12,271 | +23.3% |
| Financial charges | 65/66B | €1,780 | €1,322 | -€458 | -25.8% |
| Recurring financial charges | 65 | €1,780 | €1,322 | -€458 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €50,985 | €63,715 | +€12,730 | +25.0% |
| Income taxes | 67/77 | €8,405 | €14,912 | +€6,507 | +77.4% |
| Profit (loss) for the period | 9904 | €42,580 | €48,802 | +€6,222 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,580 | €48,802 | +€6,222 | +14.6% |
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 9 October 2026 via checked.be.