HARAS DE L'AUBE: 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
HARAS DE L'AUBE
NACE 01.500, Mixed farming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5,219
2024 · €1,274+€3,945
Equity
€152,133
2024 · €146,914+€5,219
Cash
€644
2024 · €1,198-€554
Balance sheet total
€966,180
2024 · €1.0m-€62,726
Largest movements
Assets
- Tangible fixed assets -€89,012
down €89,012 (-13.7%), from €651,160 to €562,148
of which Plant, machinery and equipment: -€66,627
- Stocks and contracts +€34,000
up €34,000 (+9.7%), from €351,200 to €385,200
Equity and liabilities
- Debts after one year -€59,842
down €59,842 (-7.9%), from €761,164 to €701,322
of which Financial debts: -€58,089
Income statement
- Staff costs -€22,948
down €22,948 (-23.3%), from €98,394 to €75,446
- Gross operating margin -€11,660
down €11,660 (-5.6%), from €207,985 to €196,325
- Depreciation +€6,323
up €6,323 (+7.3%), from €86,183 to €92,506
- Financial charges -€2,651
down €2,651 (-18.9%), from €14,038 to €11,387
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
€1,274
Gross operating margin
-€11,660
Staff costs
+€22,948
Depreciation
-€6,323
Other operating charges
-€216
Other operating items
-€2,342
Financial income
+€128
Financial charges
+€2,651
Taxes
-€1,240
Result 2025
€5,219
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€57,541
Investment
-€3,494
Financing
-€54,600
Cash 2024
€1,198
From operations (derived)
+€57,541
Net result for the year
+€5,219
Depreciation
+€92,506
Stocks and contracts
-€34,000
Receivables within one year
+€6,612
Deferred charges and accrued income
+€548
Trade debts
-€5,659
Tax, wage and social debts
-€7,686
Investment (derived)
-€3,494
Investment in fixed assets (net)
-€3,494
Financing
-€54,600
Debts after one year
-€59,842
Current portion of long-term debt
-€829
Short-term financial debts
+€6,070
Cash 2025
€644
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,028,906 | €966,180 | -€62,726 | -6.1% |
| Fixed assets | 21/28 | €665,365 | €576,353 | -€89,012 | -13.4% |
| Tangible fixed assets | 22/27 | €651,160 | €562,148 | -€89,012 | -13.7% |
| Land and buildings | 22 | €262,486 | €262,486 | = | 0.0% |
| Plant, machinery and equipment | 23 | €317,312 | €250,684 | -€66,627 | -21.0% |
| Furniture and vehicles | 24 | €71,363 | €48,978 | -€22,385 | -31.4% |
| Financial fixed assets | 28 | €14,205 | €14,205 | = | 0.0% |
| Current assets | 29/58 | €363,541 | €389,827 | +€26,285 | +7.2% |
| Stocks and contracts in progress | 3 | €351,200 | €385,200 | +€34,000 | +9.7% |
| Stocks | 30/36 | €351,200 | €385,200 | +€34,000 | +9.7% |
| Amounts receivable within one year | 40/41 | €8,237 | €1,625 | -€6,612 | -80.3% |
| Trade receivables | 40 | €8,237 | €1,625 | -€6,612 | -80.3% |
| Cash at bank and in hand | 54/58 | €1,198 | €644 | -€554 | -46.2% |
| Deferred charges and accrued income | 490/1 | €2,906 | €2,358 | -€548 | -18.9% |
| Total equity and liabilities | 10/49 | €1,028,906 | €966,180 | -€62,726 | -6.1% |
| Equity | 10/15 | €146,914 | €152,133 | +€5,219 | +3.6% |
| Contributions | 10/11 | €108,501 | €108,501 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,414 | €43,633 | +€5,219 | +13.6% |
| Amounts payable | 17/49 | €881,992 | €814,046 | -€67,945 | -7.7% |
| Amounts payable after more than one year | 17 | €761,164 | €701,322 | -€59,842 | -7.9% |
| Financial debts | 170/4 | €166,193 | €108,104 | -€58,089 | -35.0% |
| Other amounts payable | 178/9 | €594,971 | €593,218 | -€1,753 | -0.3% |
| Amounts payable within one year | 42/48 | €120,828 | €112,724 | -€8,104 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €58,679 | €57,850 | -€829 | -1.4% |
| Financial debts | 43 | - | €6,070 | +€6,070 | |
| Credit institutions | 430/8 | - | €6,070 | +€6,070 | |
| Trade debts | 44 | €31,907 | €26,248 | -€5,659 | -17.7% |
| Suppliers | 440/4 | €31,907 | €26,248 | -€5,659 | -17.7% |
| Taxes, remuneration and social security | 45 | €30,243 | €22,556 | -€7,686 | -25.4% |
| Taxes | 450/3 | €15,023 | €13,445 | -€1,579 | -10.5% |
| Remuneration and social security | 454/9 | €15,219 | €9,112 | -€6,108 | -40.1% |
| Non-recurring operating income | 76A | €1,195 | €3,788 | +€2,593 | +217% |
| Remuneration, social security and pensions | 62 | €98,394 | €75,446 | -€22,948 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,183 | €92,506 | +€6,323 | +7.3% |
| Other operating charges | 640/8 | €6,991 | €7,207 | +€216 | +3.1% |
| Non-recurring operating charges | 66A | €368 | €2,710 | +€2,342 | +636% |
| Gross operating margin | 9900 | €207,985 | €196,325 | -€11,660 | -5.6% |
| Operating profit (loss) | 9901 | €16,050 | €18,455 | +€2,405 | +15.0% |
| Financial income | 75/76B | €81 | €209 | +€128 | +159% |
| Recurring financial income | 75 | €81 | €209 | +€128 | +159% |
| Financial charges | 65/66B | €14,038 | €11,387 | -€2,651 | -18.9% |
| Recurring financial charges | 65 | €14,038 | €11,387 | -€2,651 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €2,092 | €7,277 | +€5,184 | +248% |
| Income taxes | 67/77 | €818 | €2,058 | +€1,240 | +152% |
| Profit (loss) for the period | 9904 | €1,274 | €5,219 | +€3,945 | +310% |
| Profit (loss) for the period to be appropriated | 9905 | €1,274 | €5,219 | +€3,945 | +310% |
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 1 November 2026 via checked.be.