HAPRO: 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.
What changed
HAPRO
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €2.2m-€1.1m
Equity
€4.5m
2024 · €3.4m+€1.1m
Cash
-
not filed
Balance sheet total
€5.8m
2024 · €4.5m+€1.3m
Largest movements
Assets
- Receivables within one year +€1.3m
up €1.3m (+32.7%), from €4.0m to €5.3m
of which Other amounts receivable: +€1.4m
Equity and liabilities
- Profit (loss) carried forward +€1.1m
up €1.1m (+146%), from €734,145 to €1.8m
- Trade debts +€630,599
up €630,599 (+95.8%), from €658,127 to €1.3m
- Other debts -€465,000
no longer reported in 2025 (was €465,000)
Income statement
- Turnover -€2.1m
down €2.1m (-2.1%), from €99.6m to €97.5m
- Goods and materials -€1.1m
down €1.1m (-1.2%), from €96.9m to €95.8m
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.
Result 2024
€2.2m
Turnover
-€2.1m
Other operating income
-€6,848
Goods and materials
+€1.1m
Services and other goods
-€145,718
Staff costs
-€30,746
Depreciation
+€10,541
Other operating charges
+€33
Other operating items
+€4,313
Financial income
-€84
Financial charges
+€12,598
Taxes
+€49,562
Result 2025
€1.1m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,524,772 | €5,781,167 | +€1.3m | +27.8% |
| Fixed assets | 21/28 | €101,799 | €87,992 | -€13,808 | -13.6% |
| Tangible fixed assets | 22/27 | €51,799 | €17,992 | -€33,808 | -65.3% |
| Plant, machinery and equipment | 23 | €779 | €540 | -€239 | -30.7% |
| Furniture and vehicles | 24 | €51,020 | €17,452 | -€33,569 | -65.8% |
| Financial fixed assets | 28 | €50,000 | €70,000 | +€20,000 | +40.0% |
| Other financial fixed assets | 284/8 | €50,000 | €70,000 | +€20,000 | +40.0% |
| Shares | 284 | €50,000 | €70,000 | +€20,000 | +40.0% |
| Current assets | 29/58 | €4,422,972 | €5,693,176 | +€1.3m | +28.7% |
| Amounts receivable after more than one year | 29 | €409,482 | €367,379 | -€42,103 | -10.3% |
| Other amounts receivable | 291 | €409,482 | €367,379 | -€42,103 | -10.3% |
| Amounts receivable within one year | 40/41 | €4,012,874 | €5,324,068 | +€1.3m | +32.7% |
| Trade receivables | 40 | €2,769,333 | €2,707,984 | -€61,349 | -2.2% |
| Other amounts receivable | 41 | €1,243,541 | €2,616,084 | +€1.4m | +110% |
| Deferred charges and accrued income | 490/1 | €616 | €1,729 | +€1,113 | +181% |
| Total equity and liabilities | 10/49 | €4,524,772 | €5,781,167 | +€1.3m | +27.8% |
| Equity | 10/15 | €3,401,645 | €4,469,973 | +€1.1m | +31.4% |
| Contributions | 10/11 | €2,425,000 | €2,425,000 | = | 0.0% |
| Capital | 10 | €2,425,000 | €2,425,000 | = | 0.0% |
| Issued capital | 100 | €2,425,000 | €2,425,000 | = | 0.0% |
| Reserves | 13 | €242,500 | €242,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €242,500 | €242,500 | = | 0.0% |
| Legal reserve | 130 | €242,500 | €242,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €734,145 | €1,802,473 | +€1.1m | +146% |
| Amounts payable | 17/49 | €1,123,127 | €1,311,194 | +€188,067 | +16.7% |
| Amounts payable within one year | 42/48 | €1,123,127 | €1,311,194 | +€188,067 | +16.7% |
| Trade debts | 44 | €658,127 | €1,288,726 | +€630,599 | +95.8% |
| Suppliers | 440/4 | €658,127 | €1,288,726 | +€630,599 | +95.8% |
| Taxes, remuneration and social security | 45 | - | €22,468 | +€22,468 | |
| Taxes | 450/3 | - | €12,331 | +€12,331 | |
| Remuneration and social security | 454/9 | - | €10,137 | +€10,137 | |
| Other amounts payable | 47/48 | €465,000 | - | -€465,000 | |
| Operating income | 70/76A | €99,673,413 | €97,562,167 | -€2.1m | -2.1% |
| Turnover | 70 | €99,569,564 | €97,460,167 | -€2.1m | -2.1% |
| Other operating income | 74 | €103,849 | €97,000 | -€6,848 | -6.6% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Operating charges | 60/66A | €97,514,384 | €96,547,801 | -€966,582 | -1.0% |
| Goods for resale, raw materials and consumables | 60 | €96,896,670 | €95,763,511 | -€1.1m | -1.2% |
| Purchases | 600/8 | €96,896,670 | €95,763,511 | -€1.1m | -1.2% |
| Services and other goods | 61 | €583,712 | €729,431 | +€145,718 | +25.0% |
| Remuneration, social security and pensions | 62 | €8,360 | €39,105 | +€30,746 | +368% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,484 | €11,943 | -€10,541 | -46.9% |
| Other operating charges | 640/8 | €3,157 | €3,124 | -€33 | -1.1% |
| Non-recurring operating charges | 66A | - | €687 | +€687 | |
| Operating profit (loss) | 9901 | €2,159,029 | €1,014,366 | -€1.1m | -53.0% |
| Financial income | 75/76B | €61,061 | €60,978 | -€84 | -0.1% |
| Recurring financial income | 75 | €61,061 | €60,978 | -€84 | -0.1% |
| Income from financial fixed assets | 750 | €23,523 | €22,612 | -€912 | -3.9% |
| Income from current assets | 751 | €36,534 | €37,101 | +€567 | +1.6% |
| Other financial income | 752/9 | €1,004 | €1,265 | +€260 | +25.9% |
| Financial charges | 65/66B | €13,062 | €465 | -€12,598 | -96.4% |
| Recurring financial charges | 65 | €13,062 | €465 | -€12,598 | -96.4% |
| Debt charges | 650 | €12,203 | - | -€12,203 | |
| Other financial charges | 652/9 | €859 | €465 | -€394 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €2,207,028 | €1,074,879 | -€1.1m | -51.3% |
| Income taxes | 67/77 | €56,112 | €6,550 | -€49,562 | -88.3% |
| Taxes | 670/3 | €56,120 | €6,550 | -€49,570 | -88.3% |
| Tax adjustments and reversals of tax provisions | 77 | €8 | - | -€8 | |
| Profit (loss) for the period | 9904 | €2,150,916 | €1,068,328 | -€1.1m | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,150,916 | €1,068,328 | -€1.1m | -50.3% |
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 15 October 2026 via checked.be.