Haardvuur: what changed
Two financial 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.
Haardvuur
Largest movements
- Cash +€23,305
up €23,305 (+29.3%), from €79,543 to €102,847
mainly Net result for the year (+€29,251) and Depreciation (+€5,024)
- Profit (loss) carried forward +€29,251
up €29,251 (+46.6%), from -€62,723 to -€33,472
- Trade debts -€3,952
down €3,952 (-90.9%), from €4,349 to €397
- Other debts -€3,195
down €3,195 (-3.8%), from €84,353 to €81,158
- Gross operating margin +€74,712
up €74,712, from -€39,295 to €35,417
- Depreciation +€3,371
up €3,371 (+204%), from €1,654 to €5,024
- Other operating charges -€570
down €570 (-89.7%), from €635 to €66
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.
Derived cash bridge
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 | €101,964 | €125,229 | +€23,265 | +22.8% |
| Fixed assets | 21/28 | €6,210 | €5,871 | -€339 | -5.5% |
| Tangible fixed assets | 22/27 | €6,210 | €5,871 | -€339 | -5.5% |
| Furniture and vehicles | 24 | €6,210 | €5,871 | -€339 | -5.5% |
| Current assets | 29/58 | €95,754 | €119,358 | +€23,604 | +24.7% |
| Amounts receivable within one year | 40/41 | €15,975 | €16,044 | +€68 | +0.4% |
| Trade receivables | 40 | €15,938 | €12,332 | -€3,606 | -22.6% |
| Other amounts receivable | 41 | €37 | €3,711 | +€3,674 | +9,909% |
| Cash at bank and in hand | 54/58 | €79,543 | €102,847 | +€23,305 | +29.3% |
| Deferred charges and accrued income | 490/1 | €236 | €467 | +€231 | +98.1% |
| Total equity and liabilities | 10/49 | €101,964 | €125,229 | +€23,265 | +22.8% |
| Equity | 10/15 | €697 | €29,948 | +€29,251 | +4,195% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €44,828 | €44,828 | = | 0.0% |
| Distributable reserves | 133 | €44,828 | €44,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,723 | -€33,472 | +€29,251 | +46.6% |
| Amounts payable | 17/49 | €101,267 | €95,281 | -€5,986 | -5.9% |
| Amounts payable within one year | 42/48 | €101,267 | €95,281 | -€5,986 | -5.9% |
| Trade debts | 44 | €4,349 | €397 | -€3,952 | -90.9% |
| Suppliers | 440/4 | €4,349 | €397 | -€3,952 | -90.9% |
| Taxes, remuneration and social security | 45 | €12,565 | €13,727 | +€1,162 | +9.2% |
| Taxes | 450/3 | €12,565 | €13,727 | +€1,162 | +9.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €84,353 | €81,158 | -€3,195 | -3.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €169 | €412 | +€243 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,654 | €5,024 | +€3,371 | +204% |
| Other operating charges | 640/8 | €635 | €66 | -€570 | -89.7% |
| Non-recurring operating charges | 66A | €71 | €14 | -€57 | -80.0% |
| Gross operating margin | 9900 | -€39,295 | €35,417 | +€74,712 | |
| Operating profit (loss) | 9901 | -€41,824 | €29,901 | +€71,725 | |
| Financial income | 75/76B | €154 | €131 | -€23 | -15.0% |
| Recurring financial income | 75 | €154 | €131 | -€23 | -15.0% |
| Financial charges | 65/66B | €377 | €454 | +€77 | +20.3% |
| Recurring financial charges | 65 | €377 | €454 | +€77 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | -€42,047 | €29,578 | +€71,625 | |
| Income taxes | 67/77 | €359 | €327 | -€32 | -9.0% |
| Profit (loss) for the period | 9904 | -€42,406 | €29,251 | +€71,657 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,406 | €29,251 | +€71,657 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.