HAAR & HEM: 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.
HAAR & HEM
Largest movements
- Receivables within one year +€2,082
up €2,082 (+24.1%), from €8,645 to €10,726
of which Other amounts receivable: +€2,102
- Tangible fixed assets -€1,950
down €1,950 (-26.3%), from €7,421 to €5,471
of which Furniture and vehicles: -€2,537
- Cash -€1,213
down €1,213 (-7.2%), from €16,864 to €15,651
mainly Debts after one year (-€2,385) and Receivables within one year (-€2,082)
- Tax, wage and social debts +€2,578
up €2,578 (+30.1%), from €8,561 to €11,140
of which Taxes: +€1,332
- Debts after one year -€2,385
down €2,385 (-100.0%), from €2,385 to €0
- Trade debts -€1,308
down €1,308 (-25.6%), from €5,115 to €3,808
- Staff costs +€2,394
up €2,394 (+5.3%), from €45,436 to €47,830
- Taxes -€655
down €655 (-31.3%), from €2,091 to €1,436
- Gross operating margin +€586
up €586 (+1.1%), from €52,534 to €53,120
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 | €43,149 | €41,791 | -€1,359 | -3.1% |
| Fixed assets | 21/28 | €7,421 | €5,471 | -€1,950 | -26.3% |
| Tangible fixed assets | 22/27 | €7,421 | €5,471 | -€1,950 | -26.3% |
| Land and buildings | 22 | €2,549 | €2,138 | -€411 | -16.1% |
| Plant, machinery and equipment | 23 | - | €998 | +€998 | |
| Furniture and vehicles | 24 | €4,872 | €2,335 | -€2,537 | -52.1% |
| Current assets | 29/58 | €35,728 | €36,320 | +€591 | +1.7% |
| Stocks and contracts in progress | 3 | €8,845 | €8,845 | = | 0.0% |
| Stocks | 30/36 | €8,845 | €8,845 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,645 | €10,726 | +€2,082 | +24.1% |
| Trade receivables | 40 | €760 | €739 | -€21 | -2.7% |
| Other amounts receivable | 41 | €7,885 | €9,987 | +€2,102 | +26.7% |
| Cash at bank and in hand | 54/58 | €16,864 | €15,651 | -€1,213 | -7.2% |
| Deferred charges and accrued income | 490/1 | €1,374 | €1,097 | -€277 | -20.2% |
| Total equity and liabilities | 10/49 | €43,149 | €41,791 | -€1,359 | -3.1% |
| Equity | 10/15 | €23,699 | €23,709 | +€10 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,338 | €16,338 | = | 0.0% |
| Non-distributable reserves | 130/1 | €395 | €395 | = | 0.0% |
| Reserves not available under the articles | 1311 | €395 | €395 | = | 0.0% |
| Distributable reserves | 133 | €15,944 | €15,944 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,161 | €1,171 | +€10 | +0.9% |
| Amounts payable | 17/49 | €19,451 | €18,082 | -€1,369 | -7.0% |
| Amounts payable after more than one year | 17 | €2,385 | €0 | -€2,385 | -100.0% |
| Financial debts | 170/4 | €2,385 | €0 | -€2,385 | -100.0% |
| Amounts payable within one year | 42/48 | €16,166 | €17,332 | +€1,166 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €2,490 | €2,385 | -€105 | -4.2% |
| Trade debts | 44 | €5,115 | €3,808 | -€1,308 | -25.6% |
| Suppliers | 440/4 | €5,115 | €3,808 | -€1,308 | -25.6% |
| Taxes, remuneration and social security | 45 | €8,561 | €11,140 | +€2,578 | +30.1% |
| Taxes | 450/3 | €3,371 | €4,703 | +€1,332 | +39.5% |
| Remuneration and social security | 454/9 | €5,190 | €6,436 | +€1,246 | +24.0% |
| Accrued charges and deferred income | 492/3 | €900 | €750 | -€150 | -16.7% |
| Remuneration, social security and pensions | 62 | €45,436 | €47,830 | +€2,394 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,948 | €2,998 | +€50 | +1.7% |
| Other operating charges | 640/8 | €728 | €744 | +€16 | +2.2% |
| Gross operating margin | 9900 | €52,534 | €53,120 | +€586 | +1.1% |
| Operating profit (loss) | 9901 | €3,422 | €1,548 | -€1,874 | -54.8% |
| Financial income | 75/76B | €390 | €460 | +€70 | +18.0% |
| Recurring financial income | 75 | €390 | €460 | +€70 | +18.0% |
| Financial charges | 65/66B | €658 | €562 | -€96 | -14.6% |
| Recurring financial charges | 65 | €658 | €562 | -€96 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €3,154 | €1,446 | -€1,708 | -54.1% |
| Income taxes | 67/77 | €2,091 | €1,436 | -€655 | -31.3% |
| Profit (loss) for the period | 9904 | €1,063 | €10 | -€1,053 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,063 | €10 | -€1,053 | -99.1% |
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 1 October 2026 via checked.be.