HAARBAZAAR: 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.
HAARBAZAAR
Largest movements
- Receivables within one year +€17,779
up €17,779 (+94.1%), from €18,895 to €36,674
of which Other amounts receivable: +€17,764
- Tangible fixed assets -€10,835
down €10,835 (-34.3%), from €31,618 to €20,783
of which Other tangible fixed assets: -€5,733
- Cash -€3,776
down €3,776 (-27.9%), from €13,549 to €9,773
mainly Contributions, distributions and other (-€47,365) and Receivables within one year (-€17,779)
- Stocks and contracts +€2,391
up €2,391 (+18.4%), from €12,961 to €15,352
- Other debts +€42,852
up €42,852 (+18455.4%), from €232 to €43,084
- Reserves -€27,702
down €27,702 (-66.6%), from €41,616 to €13,913
- Debts after one year -€10,851
down €10,851 (-68.5%), from €15,851 to €5,000
- Tax, wage and social debts +€4,492
up €4,492 (+184.7%), from €2,432 to €6,924
of which Remuneration and social security: +€2,324
- Current portion of long-term debt -€2,317
down €2,317 (-17.6%), from €13,168 to €10,851
- Staff costs +€7,167
up €7,167 (+12.9%), from €55,770 to €62,937
- Gross operating margin +€5,659
up €5,659 (+5.5%), from €103,731 to €109,390
- Depreciation -€1,775
down €1,775 (-13.7%), from €12,951 to €11,176
- Other operating charges +€1,541
up €1,541 (+118.7%), from €1,299 to €2,840
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 | €84,529 | €90,224 | +€5,695 | +6.7% |
| Fixed assets | 21/28 | €39,001 | €27,826 | -€11,176 | -28.7% |
| Intangible fixed assets | 21 | €2,383 | €2,043 | -€340 | -14.3% |
| Tangible fixed assets | 22/27 | €31,618 | €20,783 | -€10,835 | -34.3% |
| Land and buildings | 22 | €10,648 | €9,034 | -€1,614 | -15.2% |
| Furniture and vehicles | 24 | €7,480 | €3,992 | -€3,488 | -46.6% |
| Other tangible fixed assets | 26 | €13,490 | €7,757 | -€5,733 | -42.5% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €45,528 | €62,399 | +€16,870 | +37.1% |
| Stocks and contracts in progress | 3 | €12,961 | €15,352 | +€2,391 | +18.4% |
| Stocks | 30/36 | €12,961 | €15,352 | +€2,391 | +18.4% |
| Amounts receivable within one year | 40/41 | €18,895 | €36,674 | +€17,779 | +94.1% |
| Trade receivables | 40 | €0 | €15 | +€15 | |
| Other amounts receivable | 41 | €18,895 | €36,659 | +€17,764 | +94.0% |
| Cash at bank and in hand | 54/58 | €13,549 | €9,773 | -€3,776 | -27.9% |
| Deferred charges and accrued income | 490/1 | €123 | €600 | +€477 | +387.3% |
| Total equity and liabilities | 10/49 | €84,529 | €90,224 | +€5,695 | +6.7% |
| Equity | 10/15 | €44,616 | €16,913 | -€27,702 | -62.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €41,616 | €13,913 | -€27,702 | -66.6% |
| Distributable reserves | 133 | €41,616 | €13,913 | -€27,702 | -66.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €39,914 | €73,311 | +€33,397 | +83.7% |
| Amounts payable after more than one year | 17 | €15,851 | €5,000 | -€10,851 | -68.5% |
| Financial debts | 170/4 | €15,851 | €5,000 | -€10,851 | -68.5% |
| Amounts payable within one year | 42/48 | €23,763 | €68,011 | +€44,248 | +186.2% |
| Current portion of amounts payable after more than one year | 42 | €13,168 | €10,851 | -€2,317 | -17.6% |
| Trade debts | 44 | €7,931 | €7,152 | -€779 | -9.8% |
| Suppliers | 440/4 | €7,931 | €7,152 | -€779 | -9.8% |
| Taxes, remuneration and social security | 45 | €2,432 | €6,924 | +€4,492 | +184.7% |
| Taxes | 450/3 | €17 | €2,185 | +€2,168 | +13021.1% |
| Remuneration and social security | 454/9 | €2,415 | €4,739 | +€2,324 | +96.2% |
| Other amounts payable | 47/48 | €232 | €43,084 | +€42,852 | +18455.4% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €55,770 | €62,937 | +€7,167 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,951 | €11,176 | -€1,775 | -13.7% |
| Other operating charges | 640/8 | €1,299 | €2,840 | +€1,541 | +118.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €103,731 | €109,390 | +€5,659 | +5.5% |
| Operating profit (loss) | 9901 | €33,712 | €32,437 | -€1,275 | -3.8% |
| Financial income | 75/76B | €0 | €277 | +€276 | +70833.3% |
| Recurring financial income | 75 | €0 | €277 | +€276 | +70833.3% |
| Financial charges | 65/66B | €2,783 | €3,491 | +€708 | +25.4% |
| Recurring financial charges | 65 | €2,783 | €3,491 | +€708 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €30,929 | €29,223 | -€1,707 | -5.5% |
| Income taxes | 67/77 | €9,268 | €9,560 | +€292 | +3.2% |
| Profit (loss) for the period | 9904 | €21,661 | €19,663 | -€1,999 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,661 | €19,663 | -€1,999 | -9.2% |
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.