LES HAUTS: 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.
LES HAUTS
Largest movements
- Receivables within one year +€55,992
up €55,992 (+53.0%), from €105,703 to €161,695
of which Trade receivables: +€41,235
- Trade debts +€146,181
up €146,181 (+240%), from €60,986 to €207,168
- Debts after one year -€87,543
down €87,543 (-35.6%), from €246,171 to €158,629
- Current portion of long-term debt -€10,000
down €10,000 (-10.3%), from €97,543 to €87,543
- Profit (loss) carried forward +€6,238
up €6,238 (+13.2%), from €47,322 to €53,560
- Gross operating margin +€16,961
up €16,961 (+16.3%), from €104,113 to €121,074
- Depreciation +€7,138
up €7,138 (+7.6%), from €94,411 to €101,549
- Taxes +€2,229
up €2,229 (+5,295%), from €42 to €2,271
- Financial income -€1,541
down €1,541 (-99.5%), from €1,549 to €8
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 | €459,456 | €516,433 | +€56,976 | +12.4% |
| Fixed assets | 21/28 | €301,104 | €304,555 | +€3,451 | +1.1% |
| Tangible fixed assets | 22/27 | €301,104 | €304,555 | +€3,451 | +1.1% |
| Plant, machinery and equipment | 23 | €301,104 | €213,720 | -€87,385 | -29.0% |
| Furniture and vehicles | 24 | - | €90,836 | +€90,836 | |
| Current assets | 29/58 | €158,352 | €211,877 | +€53,525 | +33.8% |
| Stocks and contracts in progress | 3 | €48,742 | €47,134 | -€1,608 | -3.3% |
| Stocks | 30/36 | €48,742 | €47,134 | -€1,608 | -3.3% |
| Amounts receivable within one year | 40/41 | €105,703 | €161,695 | +€55,992 | +53.0% |
| Trade receivables | 40 | €97,478 | €138,713 | +€41,235 | +42.3% |
| Other amounts receivable | 41 | €8,225 | €22,982 | +€14,757 | +179% |
| Cash at bank and in hand | 54/58 | €3,863 | €1,358 | -€2,504 | -64.8% |
| Deferred charges and accrued income | 490/1 | €44 | €1,689 | +€1,645 | +3,728% |
| Total equity and liabilities | 10/49 | €459,456 | €516,433 | +€56,976 | +12.4% |
| Equity | 10/15 | €53,322 | €59,560 | +€6,238 | +11.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,322 | €53,560 | +€6,238 | +13.2% |
| Amounts payable | 17/49 | €406,134 | €456,872 | +€50,738 | +12.5% |
| Amounts payable after more than one year | 17 | €246,171 | €158,629 | -€87,543 | -35.6% |
| Financial debts | 170/4 | €246,171 | €158,629 | -€87,543 | -35.6% |
| Amounts payable within one year | 42/48 | €159,963 | €298,244 | +€138,281 | +86.4% |
| Current portion of amounts payable after more than one year | 42 | €97,543 | €87,543 | -€10,000 | -10.3% |
| Trade debts | 44 | €60,986 | €207,168 | +€146,181 | +240% |
| Suppliers | 440/4 | €60,986 | €207,168 | +€146,181 | +240% |
| Taxes, remuneration and social security | 45 | €1,434 | €3,533 | +€2,100 | +146% |
| Taxes | 450/3 | €1,434 | €3,533 | +€2,100 | +146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,411 | €101,549 | +€7,138 | +7.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €104,113 | €121,074 | +€16,961 | +16.3% |
| Operating profit (loss) | 9901 | €9,316 | €19,125 | +€9,810 | +105% |
| Financial income | 75/76B | €1,549 | €8 | -€1,541 | -99.5% |
| Recurring financial income | 75 | €1,549 | €8 | -€1,541 | -99.5% |
| Financial charges | 65/66B | €9,990 | €10,624 | +€635 | +6.4% |
| Recurring financial charges | 65 | €9,990 | €10,624 | +€635 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €875 | €8,509 | +€7,634 | +873% |
| Income taxes | 67/77 | €42 | €2,271 | +€2,229 | +5,295% |
| Profit (loss) for the period | 9904 | €832 | €6,238 | +€5,406 | +649% |
| Profit (loss) for the period to be appropriated | 9905 | €832 | €6,238 | +€5,406 | +649% |
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 14 October 2026 via checked.be.