HARAK & Co: 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.
HARAK & Co
Largest movements
- Receivables within one year +€5,100
up €5,100 (+14.9%), from €34,331 to €39,431
of which Other amounts receivable: +€13,069
- Cash -€4,624
down €4,624 (-31.2%), from €14,800 to €10,176
mainly Receivables within one year (-€5,100) and Debts after one year (-€3,500)
- Debts after one year -€3,500
down €3,500 (-26.5%), from €13,185 to €9,685
- Trade debts +€3,012
up €3,012 (+81.9%), from €3,676 to €6,688
- Current portion of long-term debt +€1,050
up €1,050 (+65.5%), from €1,603 to €2,653
- Turnover -€31,913
down €31,913 (-45.7%), from €69,814 to €37,901
- Purchases and services -€26,184
down €26,184 (-42.7%), from €61,319 to €35,135
- Depreciation -€6,696
no longer reported in 2025 (was €6,696)
- Gross operating margin -€5,729
down €5,729 (-67.4%), from €8,495 to €2,766
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 | €66,833 | €66,761 | -€72 | -0.1% |
| Fixed assets | 21/28 | €17,154 | €17,154 | = | 0.0% |
| Tangible fixed assets | 22/27 | €17,154 | €17,154 | = | 0.0% |
| Furniture and vehicles | 24 | €17,154 | €17,154 | = | 0.0% |
| Current assets | 29/58 | €49,679 | €49,607 | -€72 | -0.1% |
| Amounts receivable within one year | 40/41 | €34,331 | €39,431 | +€5,100 | +14.9% |
| Trade receivables | 40 | €11,534 | €3,565 | -€7,969 | -69.1% |
| Other amounts receivable | 41 | €22,797 | €35,866 | +€13,069 | +57.3% |
| Cash at bank and in hand | 54/58 | €14,800 | €10,176 | -€4,624 | -31.2% |
| Deferred charges and accrued income | 490/1 | €548 | - | -€548 | |
| Total equity and liabilities | 10/49 | €66,833 | €66,761 | -€72 | -0.1% |
| Equity | 10/15 | €48,101 | €47,735 | -€366 | -0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,406 | €2,406 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,406 | €2,406 | = | 0.0% |
| Legal reserve | 130 | €2,406 | €2,406 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,495 | €39,129 | -€366 | -0.9% |
| Amounts payable | 17/49 | €18,732 | €19,026 | +€294 | +1.6% |
| Amounts payable after more than one year | 17 | €13,185 | €9,685 | -€3,500 | -26.5% |
| Financial debts | 170/4 | €13,185 | €9,685 | -€3,500 | -26.5% |
| Amounts payable within one year | 42/48 | €5,547 | €9,341 | +€3,794 | +68.4% |
| Current portion of amounts payable after more than one year | 42 | €1,603 | €2,653 | +€1,050 | +65.5% |
| Trade debts | 44 | €3,676 | €6,688 | +€3,012 | +81.9% |
| Suppliers | 440/4 | €3,676 | €6,688 | +€3,012 | +81.9% |
| Taxes, remuneration and social security | 45 | €268 | - | -€268 | |
| Taxes | 450/3 | €268 | - | -€268 | |
| Turnover | 70 | €69,814 | €37,901 | -€31,913 | -45.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €61,319 | €35,135 | -€26,184 | -42.7% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€13 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,696 | - | -€6,696 | |
| Other operating charges | 640/8 | €548 | €1,001 | +€453 | +82.7% |
| Gross operating margin | 9900 | €8,495 | €2,766 | -€5,729 | -67.4% |
| Operating profit (loss) | 9901 | €864 | €1,365 | +€501 | +58.0% |
| Financial charges | 65/66B | €322 | €586 | +€264 | +82.0% |
| Recurring financial charges | 65 | €322 | €586 | +€264 | +82.0% |
| Profit (loss) for the period before taxes | 9903 | €542 | €779 | +€237 | +43.7% |
| Transfer to deferred taxes | 680 | €230 | €1,145 | +€915 | +398% |
| Profit (loss) for the period | 9904 | €312 | -€366 | -€678 | |
| Profit (loss) for the period to be appropriated | 9905 | €312 | -€366 | -€678 |
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 24 October 2026 via checked.be.