HARATI: 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.
HARATI
Largest movements
- Receivables within one year +€30,198
up €30,198 (+478%), from €6,319 to €36,517
- Cash +€18,401
up €18,401 (+40.7%), from €45,198 to €63,599
mainly Net result for the year (+€34,864) and Other debts (+€30,505)
- Deferred charges and accrued income -€16,317
no longer reported in 2025 (was €16,317)
- Other debts +€30,505
up €30,505 (+123%), from €24,858 to €55,363
- Debts after one year -€2,025
down €2,025 (-36.1%), from €5,608 to €3,583
- Trade debts +€1,858
up €1,858 (+98.3%), from €1,891 to €3,749
- Gross operating margin +€41,559
up €41,559 (+921%), from €4,514 to €46,073
- Taxes +€7,353
up €7,353 (+1,751%), from €420 to €7,773
- Depreciation +€874
up €874 (+41.7%), from €2,095 to €2,969
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 | €78,342 | €109,559 | +€31,217 | +39.8% |
| Fixed assets | 21/28 | €10,508 | €9,443 | -€1,065 | -10.1% |
| Tangible fixed assets | 22/27 | €10,508 | €9,443 | -€1,065 | -10.1% |
| Land and buildings | 22 | €7,358 | €7,324 | -€34 | -0.5% |
| Furniture and vehicles | 24 | €3,150 | €2,119 | -€1,031 | -32.7% |
| Current assets | 29/58 | €67,834 | €100,116 | +€32,282 | +47.6% |
| Amounts receivable within one year | 40/41 | €6,319 | €36,517 | +€30,198 | +478% |
| Trade receivables | 40 | €6,319 | €36,517 | +€30,198 | +478% |
| Cash at bank and in hand | 54/58 | €45,198 | €63,599 | +€18,401 | +40.7% |
| Deferred charges and accrued income | 490/1 | €16,317 | - | -€16,317 | |
| Total equity and liabilities | 10/49 | €78,342 | €109,559 | +€31,217 | +39.8% |
| Equity | 10/15 | €30,430 | €30,295 | -€135 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,470 | €1,471 | +€1 | +0.1% |
| Non-distributable reserves | 130/1 | €1,470 | €1,471 | +€1 | +0.1% |
| Reserves not available under the articles | 1311 | €1,470 | €1,471 | +€1 | +0.1% |
| Profit (loss) carried forward | 14 | €10,360 | €10,224 | -€136 | -1.3% |
| Amounts payable | 17/49 | €47,912 | €79,264 | +€31,352 | +65.4% |
| Amounts payable after more than one year | 17 | €5,608 | €3,583 | -€2,025 | -36.1% |
| Financial debts | 170/4 | €5,608 | €3,583 | -€2,025 | -36.1% |
| Amounts payable within one year | 42/48 | €42,304 | €75,681 | +€33,377 | +78.9% |
| Current portion of amounts payable after more than one year | 42 | €1,937 | €2,026 | +€89 | +4.6% |
| Trade debts | 44 | €1,891 | €3,749 | +€1,858 | +98.3% |
| Suppliers | 440/4 | €1,891 | €3,749 | +€1,858 | +98.3% |
| Taxes, remuneration and social security | 45 | €13,618 | €14,543 | +€925 | +6.8% |
| Taxes | 450/3 | €13,618 | €14,543 | +€925 | +6.8% |
| Other amounts payable | 47/48 | €24,858 | €55,363 | +€30,505 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,095 | €2,969 | +€874 | +41.7% |
| Other operating charges | 640/8 | €71 | - | -€71 | |
| Gross operating margin | 9900 | €4,514 | €46,073 | +€41,559 | +921% |
| Operating profit (loss) | 9901 | €2,348 | €43,104 | +€40,756 | +1,736% |
| Financial charges | 65/66B | €540 | €467 | -€73 | -13.5% |
| Recurring financial charges | 65 | €540 | €467 | -€73 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €1,808 | €42,637 | +€40,829 | +2,258% |
| Income taxes | 67/77 | €420 | €7,773 | +€7,353 | +1,751% |
| Profit (loss) for the period | 9904 | €1,388 | €34,864 | +€33,476 | +2,412% |
| Profit (loss) for the period to be appropriated | 9905 | €1,388 | €34,864 | +€33,476 | +2,412% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.