DE HARP: what changed
Two fiscal 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.
DE HARP
Largest movements
- Receivables within one year +€37,258
up €37,258 (+61.6%), from €60,477 to €97,734
- Cash -€5,052
down €5,052 (-97.7%), from €5,170 to €118
mainly Receivables within one year (-€37,258) and Trade debts (-€166)
- Profit (loss) carried forward +€30,846
up €30,846 (+17.6%), from -€175,458 to -€144,611
- Gross operating margin +€9,188
up €9,188 (+41.2%), from €22,282 to €31,470
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 | €127,620 | €159,826 | +€32,206 | +25.2% |
| Fixed assets | 21/28 | €61,973 | €61,973 | = | 0.0% |
| Tangible fixed assets | 22/27 | €61,973 | €61,973 | = | 0.0% |
| Land and buildings | 22 | €61,973 | €61,973 | = | 0.0% |
| Current assets | 29/58 | €65,647 | €97,853 | +€32,206 | +49.1% |
| Amounts receivable within one year | 40/41 | €60,477 | €97,734 | +€37,258 | +61.6% |
| Other amounts receivable | 41 | €60,477 | €97,734 | +€37,258 | +61.6% |
| Cash at bank and in hand | 54/58 | €5,170 | €118 | -€5,052 | -97.7% |
| Total equity and liabilities | 10/49 | €127,620 | €159,826 | +€32,206 | +25.2% |
| Equity | 10/15 | -€117,661 | -€86,815 | +€30,846 | +26.2% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Capital | 10 | €49,579 | €49,579 | = | 0.0% |
| Issued capital | 100 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €8,217 | €8,217 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Legal reserve | 130 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €3,260 | €3,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€175,458 | -€144,611 | +€30,846 | +17.6% |
| Amounts payable | 17/49 | €245,282 | €246,641 | +€1,359 | +0.6% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €195,282 | €196,641 | +€1,359 | +0.7% |
| Trade debts | 44 | €645 | €479 | -€166 | -25.7% |
| Suppliers | 440/4 | €645 | €479 | -€166 | -25.7% |
| Taxes, remuneration and social security | 45 | €499 | €1,024 | +€525 | +105.3% |
| Taxes | 450/3 | €499 | €1,024 | +€525 | +105.3% |
| Other amounts payable | 47/48 | €194,138 | €195,138 | +€1,000 | +0.5% |
| Other operating charges | 640/8 | €574 | €587 | +€12 | +2.2% |
| Gross operating margin | 9900 | €22,282 | €31,470 | +€9,188 | +41.2% |
| Operating profit (loss) | 9901 | €21,708 | €30,883 | +€9,176 | +42.3% |
| Financial charges | 65/66B | €44 | €37 | -€6 | -14.5% |
| Recurring financial charges | 65 | €44 | €37 | -€6 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €21,664 | €30,846 | +€9,182 | +42.4% |
| Profit (loss) for the period | 9904 | €21,664 | €30,846 | +€9,182 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,664 | €30,846 | +€9,182 | +42.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.