HIIGH: 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.
HIIGH
Largest movements
- Financial fixed assets +€500,000
up €500,000 (+11.9%), from €4.2m to €4.7m
- Receivables within one year -€197,212
down €197,212 (-56.6%), from €348,144 to €150,932
of which Other amounts receivable: -€188,706
- Contributions +€450,000
up €450,000 (+20.0%), from €2.3m to €2.7m
- Short-term financial debts -€400,000
down €400,000 (-44.4%), from €900,000 to €500,000
- Reserves +€395,490
new in 2024: €395,490
- Debts after one year -€267,318
down €267,318 (-22.2%), from €1.2m to €937,021
- Profit (loss) carried forward +€84,793
no longer reported in 2024 (was -€84,793)
- Gross operating margin +€423,395
up €423,395, from -€11,043 to €412,352
- Financial income +€210,324
up €210,324 (+10,516,178%), from €2 to €210,326
- Taxes +€65,168
new in 2024: €65,168
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 | €4,602,021 | €4,931,458 | +€329,437 | +7.2% |
| Fixed assets | 21/28 | €4,215,940 | €4,715,940 | +€500,000 | +11.9% |
| Financial fixed assets | 28 | €4,215,940 | €4,715,940 | +€500,000 | +11.9% |
| Current assets | 29/58 | €386,082 | €215,518 | -€170,563 | -44.2% |
| Amounts receivable within one year | 40/41 | €348,144 | €150,932 | -€197,212 | -56.6% |
| Trade receivables | 40 | €58,144 | €49,638 | -€8,506 | -14.6% |
| Other amounts receivable | 41 | €290,000 | €101,294 | -€188,706 | -65.1% |
| Cash at bank and in hand | 54/58 | €37,938 | €64,586 | +€26,648 | +70.2% |
| Total equity and liabilities | 10/49 | €4,602,021 | €4,931,458 | +€329,437 | +7.2% |
| Equity | 10/15 | €2,165,207 | €3,095,490 | +€930,283 | +43.0% |
| Contributions | 10/11 | €2,250,000 | €2,700,000 | +€450,000 | +20.0% |
| Reserves | 13 | - | €395,490 | +€395,490 | |
| Distributable reserves | 133 | - | €395,490 | +€395,490 | |
| Profit (loss) carried forward | 14 | -€84,793 | - | +€84,793 | |
| Amounts payable | 17/49 | €2,436,814 | €1,835,968 | -€600,846 | -24.7% |
| Amounts payable after more than one year | 17 | €1,204,339 | €937,021 | -€267,318 | -22.2% |
| Financial debts | 170/4 | €1,204,339 | €937,021 | -€267,318 | -22.2% |
| Amounts payable within one year | 42/48 | €1,232,476 | €898,947 | -€333,528 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €258,034 | €267,318 | +€9,284 | +3.6% |
| Financial debts | 43 | €900,000 | €500,000 | -€400,000 | -44.4% |
| Credit institutions | 430/8 | €900,000 | €500,000 | -€400,000 | -44.4% |
| Trade debts | 44 | €48,855 | €61,873 | +€13,018 | +26.6% |
| Suppliers | 440/4 | €48,855 | €61,873 | +€13,018 | +26.6% |
| Taxes, remuneration and social security | 45 | €587 | €11,282 | +€10,695 | +1,823% |
| Taxes | 450/3 | €587 | €11,282 | +€10,695 | +1,823% |
| Other amounts payable | 47/48 | €25,000 | €58,474 | +€33,474 | +134% |
| Other operating charges | 640/8 | €732 | €387 | -€345 | -47.1% |
| Gross operating margin | 9900 | -€11,043 | €412,352 | +€423,395 | |
| Operating profit (loss) | 9901 | -€11,775 | €411,965 | +€423,740 | |
| Financial income | 75/76B | €2 | €210,326 | +€210,324 | +10,516,178% |
| Recurring financial income | 75 | €2 | €210,326 | +€210,324 | +10,516,178% |
| Financial charges | 65/66B | €73,020 | €76,839 | +€3,819 | +5.2% |
| Recurring financial charges | 65 | €73,020 | €76,839 | +€3,819 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€84,793 | €545,451 | +€630,244 | |
| Income taxes | 67/77 | - | €65,168 | +€65,168 | |
| Profit (loss) for the period | 9904 | -€84,793 | €480,283 | +€565,076 | |
| Profit (loss) for the period to be appropriated | 9905 | -€84,793 | €480,283 | +€565,076 |
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 31 October 2026 via checked.be.