HarAch: 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.
HarAch
Largest movements
- Cash +€9,293
up €9,293 (+57.8%), from €16,076 to €25,369
mainly Other debts (+€39,297) and Net result for the year (+€10,641)
- Tangible fixed assets +€3,836
up €3,836 (+239.9%), from €1,599 to €5,436
of which Furniture and vehicles: +€4,119
- Deferred charges and accrued income -€2,497
down €2,497 (-52.0%), from €4,802 to €2,306
- Receivables within one year +€1,837
up €1,837 (+3.1%), from €59,038 to €60,875
of which Trade receivables: +€2,115
- Other debts +€39,297
up €39,297 (+1412.4%), from €2,782 to €42,079
- Profit (loss) carried forward -€29,359
down €29,359 (-39.1%), from €75,170 to €45,811
- Tax, wage and social debts +€2,684
up €2,684 (+101.9%), from €2,634 to €5,318
- Gross operating margin -€4,724
down €4,724 (-22.1%), from €21,392 to €16,668
- Taxes -€1,863
down €1,863 (-34.6%), from €5,385 to €3,523
- Depreciation +€770
up €770 (+103.5%), from €744 to €1,514
- Financial charges -€252
down €252 (-26.7%), from €944 to €692
- Financial income -€234
down €234 (-29.7%), from €787 to €554
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 | €81,515 | €93,985 | +€12,470 | +15.3% |
| Fixed assets | 21/28 | €1,599 | €5,436 | +€3,836 | +239.9% |
| Tangible fixed assets | 22/27 | €1,599 | €5,436 | +€3,836 | +239.9% |
| Plant, machinery and equipment | 23 | €777 | €494 | -€283 | -36.4% |
| Furniture and vehicles | 24 | €822 | €4,941 | +€4,119 | +501.1% |
| Current assets | 29/58 | €79,916 | €88,549 | +€8,633 | +10.8% |
| Amounts receivable within one year | 40/41 | €59,038 | €60,875 | +€1,837 | +3.1% |
| Trade receivables | 40 | €39,282 | €41,397 | +€2,115 | +5.4% |
| Other amounts receivable | 41 | €19,756 | €19,477 | -€278 | -1.4% |
| Cash at bank and in hand | 54/58 | €16,076 | €25,369 | +€9,293 | +57.8% |
| Deferred charges and accrued income | 490/1 | €4,802 | €2,306 | -€2,497 | -52.0% |
| Total equity and liabilities | 10/49 | €81,515 | €93,985 | +€12,470 | +15.3% |
| Equity | 10/15 | €75,270 | €45,911 | -€29,359 | -39.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,170 | €45,811 | -€29,359 | -39.1% |
| Amounts payable | 17/49 | €6,246 | €48,074 | +€41,828 | +669.7% |
| Amounts payable within one year | 42/48 | €6,246 | €48,074 | +€41,828 | +669.7% |
| Trade debts | 44 | €830 | €677 | -€153 | -18.4% |
| Suppliers | 440/4 | €830 | €677 | -€153 | -18.4% |
| Taxes, remuneration and social security | 45 | €2,634 | €5,318 | +€2,684 | +101.9% |
| Taxes | 450/3 | €2,634 | €5,318 | +€2,684 | +101.9% |
| Other amounts payable | 47/48 | €2,782 | €42,079 | +€39,297 | +1412.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €744 | €1,514 | +€770 | +103.5% |
| Other operating charges | 640/8 | €903 | €853 | -€51 | -5.6% |
| Gross operating margin | 9900 | €21,392 | €16,668 | -€4,724 | -22.1% |
| Operating profit (loss) | 9901 | €19,745 | €14,302 | -€5,443 | -27.6% |
| Financial income | 75/76B | €787 | €554 | -€234 | -29.7% |
| Recurring financial income | 75 | €787 | €554 | -€234 | -29.7% |
| Financial charges | 65/66B | €944 | €692 | -€252 | -26.7% |
| Recurring financial charges | 65 | €944 | €692 | -€252 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €19,589 | €14,164 | -€5,425 | -27.7% |
| Income taxes | 67/77 | €5,385 | €3,523 | -€1,863 | -34.6% |
| Profit (loss) for the period | 9904 | €14,204 | €10,641 | -€3,562 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,204 | €10,641 | -€3,562 | -25.1% |
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 11 October 2026 via checked.be.