Financials
Financial year 2025
High Square from Kortenaken, company number BE0786358709, closed financial year 2025 with a result of € 6,959 after tax. For that financial year High Square recorded a gross margin of € 75,691 and equity of € 88,198. Compared with financial year 2024, the result moved from € 30,708 to € 6,959. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ 88,198
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,959
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 10,772
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 70,198.
People and assets in 2025
€ 42,501
▲ 41% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24,300
▲ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,561
▲ € 11,580 vs 2024
€ 4,228 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,752
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,427
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 84,445 | € 84,508 | € 75,691 | ▼ 10% |
| Profit after taxes | € 32,532 | € 30,708 | € 6,959 | ▼ 77% |
| Equity | € 50,532 | € 81,239 | € 88,198 | ▲ 9% |
| Total debts | € 44,911 | € 47,301 | € 42,740 | ▼ 10% |
| Cash | € 18,634 | € 22,197 | € 10,772 | ▼ 51% |
| Retained profit | € 32,532 | € 63,239 | € 70,198 | ▲ 11% |
| Bank debt | € 14,707 | € 1,981 | € 13,561 | ▲ € 11,580 |
| Balance sheet total | € 95,443 | € 128,540 | € 130,938 | ▲ 2% |
Key figures of High Square, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to High Square?
What happened at High Square in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,959 (▼ 77% vs 2024). filed late Source: NBB ↗
- Adel Moneer Hanna Abeed Shehata became a director. NBB
- Ayman Yassa Naguib Hanna became a director. NBB
- New establishment in Kortenaken. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,532 profit in 2023 to € 6,959 profit in 2025.
Paid € 26,670 in corporate taxes since 2023.
Best year ever: 2023, with € 32,532 profit.
Management
Behind High Square are Ayman Yassa Naguib Hanna and Adel Moneer Hanna Abeed Shehata.
Directors
According to the 2025 annual accounts
Ayman Yassa Naguib Hanna
Director
since 2023
Adel Moneer Hanna Abeed Shehata
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Dorpsplein 29
3470 Kortenaken
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0786.358.709
- VAT number
- BE 0786.358.709
- Registered office
- Dorpsplein 29, 3470 Kortenaken
- Names & denominations
- High Square
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 2022
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
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