HAARFIJN: 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.
HAARFIJN
Largest movements
- Cash +€11,993
up €11,993 (+27.5%), from €43,575 to €55,568
mainly Net result for the year (+€8,450) and Depreciation (+€2,977)
- Tangible fixed assets -€2,974
down €2,974 (-37.4%), from €7,948 to €4,974
of which Furniture and vehicles: -€2,787
- Stocks and contracts -€2,683
down €2,683 (-30.4%), from €8,812 to €6,130
- Receivables within one year +€870
up €870 (+40.3%), from €2,161 to €3,032
- Reserves +€7,617
up €7,617 (+38.1%), from €20,019 to €27,636
of which Distributable reserves: +€7,617
- Tax, wage and social debts -€4,507
down €4,507 (-65.1%), from €6,924 to €2,417
of which Taxes: -€2,607
- Other debts +€2,962
up €2,962 (+24.1%), from €12,286 to €15,248
- Current portion of long-term debt +€1,347
up €1,347 (+159%), from €846 to €2,193
- Gross operating margin -€2,870
down €2,870 (-14.4%), from €19,894 to €17,023
- Taxes -€690
down €690 (-13.4%), from €5,142 to €4,452
- Other operating charges -€656
down €656 (-40.9%), from €1,603 to €947
- Financial charges -€328
down €328 (-62.2%), from €528 to €199
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 | €63,318 | €70,641 | +€7,323 | +11.6% |
| Fixed assets | 21/28 | €7,956 | €4,979 | -€2,977 | -37.4% |
| Intangible fixed assets | 21 | €8 | €5 | -€3 | -40.0% |
| Tangible fixed assets | 22/27 | €7,948 | €4,974 | -€2,974 | -37.4% |
| Plant, machinery and equipment | 23 | €187 | - | -€187 | |
| Furniture and vehicles | 24 | €7,761 | €4,974 | -€2,787 | -35.9% |
| Current assets | 29/58 | €55,362 | €65,662 | +€10,300 | +18.6% |
| Stocks and contracts in progress | 3 | €8,812 | €6,130 | -€2,683 | -30.4% |
| Stocks | 30/36 | €8,812 | €6,130 | -€2,683 | -30.4% |
| Amounts receivable within one year | 40/41 | €2,161 | €3,032 | +€870 | +40.3% |
| Other amounts receivable | 41 | €2,161 | €3,032 | +€870 | +40.3% |
| Cash at bank and in hand | 54/58 | €43,575 | €55,568 | +€11,993 | +27.5% |
| Deferred charges and accrued income | 490/1 | €813 | €933 | +€120 | +14.8% |
| Total equity and liabilities | 10/49 | €63,318 | €70,641 | +€7,323 | +11.6% |
| Equity | 10/15 | €39,260 | €46,877 | +€7,617 | +19.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,019 | €27,636 | +€7,617 | +38.1% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €19,819 | €27,436 | +€7,617 | +38.4% |
| Profit (loss) carried forward | 14 | €6,841 | €6,841 | = | 0.0% |
| Amounts payable | 17/49 | €24,058 | €23,763 | -€294 | -1.2% |
| Amounts payable within one year | 42/48 | €23,630 | €23,315 | -€314 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €846 | €2,193 | +€1,347 | +159% |
| Trade debts | 44 | €3,574 | €3,457 | -€117 | -3.3% |
| Suppliers | 440/4 | €3,574 | €3,457 | -€117 | -3.3% |
| Taxes, remuneration and social security | 45 | €6,924 | €2,417 | -€4,507 | -65.1% |
| Taxes | 450/3 | €5,024 | €2,417 | -€2,607 | -51.9% |
| Remuneration and social security | 454/9 | €1,900 | - | -€1,900 | |
| Other amounts payable | 47/48 | €12,286 | €15,248 | +€2,962 | +24.1% |
| Accrued charges and deferred income | 492/3 | €428 | €448 | +€20 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,169 | €2,977 | -€192 | -6.1% |
| Other operating charges | 640/8 | €1,603 | €947 | -€656 | -40.9% |
| Gross operating margin | 9900 | €19,894 | €17,023 | -€2,870 | -14.4% |
| Operating profit (loss) | 9901 | €15,121 | €13,099 | -€2,022 | -13.4% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €528 | €199 | -€328 | -62.2% |
| Recurring financial charges | 65 | €528 | €199 | -€328 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €14,594 | €12,902 | -€1,692 | -11.6% |
| Income taxes | 67/77 | €5,142 | €4,452 | -€690 | -13.4% |
| Profit (loss) for the period | 9904 | €9,452 | €8,450 | -€1,002 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,452 | €8,450 | -€1,002 | -10.6% |
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 13 October 2026 via checked.be.