HaRmoShift
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €260,000 and €360,000.
Balance sheet
balance sheet total €395,998 on 31-12-2025in euro
in euro
Position in the sector
82.8%
Higher than 81% of 39,368 companies in 2025.
5.75
Higher than 81% of 38,051 companies in 2025.
35.3%
Higher than 76% of 38,523 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
395,998 | 239,074 | 84,161 | |
21/28 |
7,387 | 9,138 | 8,222 | |
22/27 |
7,387 | 9,138 | 8,222 | |
24 |
4,145 | 4,679 | 2,546 | |
26 |
3,242 | 4,459 | 5,676 | |
29/58 |
388,611 | 229,936 | 75,939 | |
40/41 |
27,397 | 27,584 | 27,225 | |
40 |
27,358 | 27,423 | 27,225 | |
41 |
39 | 161 | - | |
50/53 |
330,000 | 160,000 | - | |
54/58 |
24,706 | 33,488 | 39,759 | |
490/1 |
6,508 | 8,864 | 8,955 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
395,998 | 239,074 | 84,161 | |
10/15 |
327,878 | 188,063 | 47,026 | |
10/11 |
1,000 | 1,000 | 1,000 | |
13 |
136,825 | 69,465 | - | |
132 |
136,825 | 69,465 | - | |
14 |
190,053 | 117,598 | 46,026 | |
17/49 |
68,120 | 51,011 | 37,135 | |
42/48 |
67,577 | 50,446 | 37,135 | |
44 |
5,235 | 726 | 1,485 | |
440/4 |
5,235 | 726 | 1,485 | |
45 |
62,092 | 48,929 | 24,842 | |
450/3 |
60,092 | 48,929 | 24,842 | |
454/9 |
2,000 | - | - | |
47/48 |
251 | 792 | 10,808 | |
492/3 |
543 | 565 | - | |
| Income statement | ||||
9900 |
180,273 | 183,903 | 59,206 | |
630 |
2,733 | 2,288 | 390 | |
640/8 |
44 | 50 | 137 | |
9901 |
177,497 | 181,565 | 58,679 | |
75/76B |
4,445 | 1,891 | 0 | |
75 |
4,445 | 1,891 | 0 | |
65/66B |
1,988 | 2,047 | 646 | |
65 |
1,988 | 2,047 | 646 | |
9903 |
179,954 | 181,408 | 58,033 | |
67/77 |
40,139 | 40,372 | 12,007 | |
9904 |
139,816 | 141,037 | 46,026 | |
689 |
67,360 | 69,465 | - | |
9905 |
72,456 | 71,572 | 46,026 | |
| Appropriation of the result | ||||
9906 |
190,053 | 117,598 | 46,026 | |
14P |
117,598 | 46,026 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 180,230 | 183,853 | 59,069 | ||
| 142,548 | 143,325 | 46,416 | ||
| 982 | 3,204 | 8,612 | ||
| -8,782 | -6,271 | - | ||
| 321,034 | 179,489 | 38,804 | ||
| 82.8% | 78.7% | 55.9% | ||
| 5.75 | 4.56 | 2.04 | ||
| 0.21 | 0.27 | 0.79 | ||
| 42.6% | 75.0% | 97.9% | ||
| 35.3% | 59.0% | 54.7% | ||
| 90.67 | 89.83 | 91.40 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €982 | €3,204 | €8,612 |
| €2,733 | €2,288 | €390 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on HaRmoShift
The operating result for 2025 is 2% lower than in 2024.
Debt's share of the balance-sheet total falls from 21.3% to 17.2%. Equity and debt are higher.