HARCA: what changed
Two fiscal 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.
HARCA
Largest movements
- Tangible fixed assets -€12,717
down €12,717 (-4.3%), from €298,916 to €286,199
of which Land and buildings: -€12,606
- Reserves -€18,287
down €18,287 (-5.6%), from €323,919 to €305,633
- Gross operating margin -€5,603
down €5,603, from €2,548 to -€3,055
- Other operating charges -€5,096
down €5,096 (-56.6%), from €8,998 to €3,903
- Depreciation +€1,831
up €1,831 (+16.8%), from €10,885 to €12,717
- Financial charges +€1,183
up €1,183 (+275.5%), from €429 to €1,612
- Financial income -€550
down €550 (-15.5%), from €3,550 to €3,000
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €423,919 | €406,894 | -€17,025 | -4.0% |
| Fixed assets | 21/28 | €298,916 | €286,199 | -€12,717 | -4.3% |
| Tangible fixed assets | 22/27 | €298,916 | €286,199 | -€12,717 | -4.3% |
| Land and buildings | 22 | €296,784 | €284,178 | -€12,606 | -4.2% |
| Plant, machinery and equipment | 23 | €2,132 | €2,021 | -€110 | -5.2% |
| Current assets | 29/58 | €125,003 | €120,695 | -€4,308 | -3.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Trade receivables | 290 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,052 | €15,420 | -€1,632 | -9.6% |
| Trade receivables | 40 | €364 | - | -€364 | |
| Other amounts receivable | 41 | €16,689 | €15,420 | -€1,268 | -7.6% |
| Cash at bank and in hand | 54/58 | €7,951 | €4,190 | -€3,761 | -47.3% |
| Deferred charges and accrued income | 490/1 | €0 | €1,085 | +€1,085 | |
| Total equity and liabilities | 10/49 | €423,919 | €406,894 | -€17,025 | -4.0% |
| Equity | 10/15 | €423,919 | €405,633 | -€18,287 | -4.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €323,919 | €305,633 | -€18,287 | -5.6% |
| Distributable reserves | 133 | €323,919 | €305,633 | -€18,287 | -5.6% |
| Amounts payable | 17/49 | €0 | €1,262 | +€1,262 | |
| Amounts payable within one year | 42/48 | €0 | €258 | +€258 | |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €0 | €258 | +€258 | |
| Suppliers | 440/4 | €0 | €258 | +€258 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €1,003 | +€1,003 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,885 | €12,717 | +€1,831 | +16.8% |
| Other operating charges | 640/8 | €8,998 | €3,903 | -€5,096 | -56.6% |
| Gross operating margin | 9900 | €2,548 | -€3,055 | -€5,603 | |
| Operating profit (loss) | 9901 | -€17,336 | -€19,675 | -€2,339 | -13.5% |
| Financial income | 75/76B | €3,550 | €3,000 | -€550 | -15.5% |
| Recurring financial income | 75 | €3,550 | €3,000 | -€550 | -15.5% |
| Financial charges | 65/66B | €429 | €1,612 | +€1,183 | +275.5% |
| Recurring financial charges | 65 | €429 | €1,612 | +€1,183 | +275.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,215 | -€18,287 | -€4,071 | -28.6% |
| Profit (loss) for the period | 9904 | -€14,215 | -€18,287 | -€4,071 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,215 | -€18,287 | -€4,071 | -28.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.