HIGHWAY SERVICES: 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.
HIGHWAY SERVICES
Largest movements
- Tangible fixed assets +€29,480
up €29,480 (+26.3%), from €112,275 to €141,755
of which Furniture and vehicles: +€28,973
- Debts after one year +€11,575
up €11,575 (+10.5%), from €110,180 to €121,755
- Current portion of long-term debt +€9,722
up €9,722 (+36.2%), from €26,847 to €36,569
- Tax, wage and social debts +€4,003
up €4,003 (+49.8%), from €8,033 to €12,036
of which Taxes: +€4,003
- Trade debts +€2,910
up €2,910 (+39.9%), from €7,289 to €10,199
- Other operating charges -€15,198
down €15,198 (-61.5%), from €24,702 to €9,504
- Gross operating margin -€10,472
down €10,472 (-17.5%), from €59,888 to €49,416
- Depreciation +€9,516
up €9,516 (+46.3%), from €20,550 to €30,066
- Financial charges +€2,396
up €2,396 (+41.1%), from €5,828 to €8,224
- Taxes -€700
down €700 (-41.6%), from €1,683 to €983
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 | €199,452 | €230,292 | +€30,840 | +15.5% |
| Fixed assets | 21/28 | €112,275 | €141,755 | +€29,480 | +26.3% |
| Tangible fixed assets | 22/27 | €112,275 | €141,755 | +€29,480 | +26.3% |
| Plant, machinery and equipment | 23 | €146 | €653 | +€507 | +347.3% |
| Furniture and vehicles | 24 | €112,129 | €141,102 | +€28,973 | +25.8% |
| Current assets | 29/58 | €87,177 | €88,537 | +€1,360 | +1.6% |
| Amounts receivable within one year | 40/41 | €74,807 | €75,804 | +€997 | +1.3% |
| Trade receivables | 40 | €47,506 | €48,503 | +€997 | +2.1% |
| Other amounts receivable | 41 | €27,301 | €27,301 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,903 | €11,203 | +€1,300 | +13.1% |
| Deferred charges and accrued income | 490/1 | €2,467 | €1,530 | -€937 | -38.0% |
| Total equity and liabilities | 10/49 | €199,452 | €230,292 | +€30,840 | +15.5% |
| Equity | 10/15 | €40,514 | €41,153 | +€639 | +1.6% |
| Contributions | 10/11 | €13,700 | €13,700 | = | 0.0% |
| Capital | 10 | €13,700 | €13,700 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €4,900 | €4,900 | = | 0.0% |
| Reserves | 13 | €26,814 | €27,453 | +€639 | +2.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,954 | €25,593 | +€639 | +2.6% |
| Amounts payable | 17/49 | €158,938 | €189,139 | +€30,201 | +19.0% |
| Amounts payable after more than one year | 17 | €110,180 | €121,755 | +€11,575 | +10.5% |
| Financial debts | 170/4 | €110,180 | €121,755 | +€11,575 | +10.5% |
| Amounts payable within one year | 42/48 | €48,758 | €67,384 | +€18,626 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €26,847 | €36,569 | +€9,722 | +36.2% |
| Trade debts | 44 | €7,289 | €10,199 | +€2,910 | +39.9% |
| Suppliers | 440/4 | €7,289 | €10,199 | +€2,910 | +39.9% |
| Taxes, remuneration and social security | 45 | €8,033 | €12,036 | +€4,003 | +49.8% |
| Taxes | 450/3 | €2,833 | €6,836 | +€4,003 | +141.3% |
| Remuneration and social security | 454/9 | €5,200 | €5,200 | = | 0.0% |
| Other amounts payable | 47/48 | €6,589 | €8,580 | +€1,991 | +30.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | -€385 | - | +€385 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,550 | €30,066 | +€9,516 | +46.3% |
| Other operating charges | 640/8 | €24,702 | €9,504 | -€15,198 | -61.5% |
| Gross operating margin | 9900 | €59,888 | €49,416 | -€10,472 | -17.5% |
| Operating profit (loss) | 9901 | €15,021 | €9,846 | -€5,175 | -34.5% |
| Financial charges | 65/66B | €5,828 | €8,224 | +€2,396 | +41.1% |
| Recurring financial charges | 65 | €5,828 | €8,224 | +€2,396 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | €9,193 | €1,622 | -€7,571 | -82.4% |
| Income taxes | 67/77 | €1,683 | €983 | -€700 | -41.6% |
| Profit (loss) for the period | 9904 | €7,510 | €639 | -€6,871 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,510 | €639 | -€6,871 | -91.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.