HAREMZA: what changed
HAREMZA
Largest movements
- Tangible fixed assets +€33,741
up €33,741 (+239%), from €14,146 to €47,887
of which Furniture and vehicles: +€33,741
- Cash +€11,068
up €11,068 (+59.1%), from €18,723 to €29,791
mainly Debts after one year (+€46,667) and Net result for the year (+€17,504)
- Deferred charges and accrued income +€6,734
new in 2025: €6,734
- Receivables within one year -€5,975
down €5,975 (-21.7%), from €27,592 to €21,617
of which Trade receivables: -€5,975
- Debts after one year +€46,667
new in 2025: €46,667
- Profit (loss) carried forward +€17,504
up €17,504 (+79.9%), from €21,899 to €39,403
- Trade debts -€14,686
down €14,686 (-78.7%), from €18,660 to €3,974
- Current portion of long-term debt -€7,528
no longer reported in 2025 (was €7,528)
- Tax, wage and social debts +€3,655
up €3,655 (+111%), from €3,300 to €6,955
- Gross operating margin +€28,764
up €28,764 (+352%), from €8,162 to €36,926
- Taxes +€8,883
up €8,883 (+6,186%), from €144 to €9,027
- Depreciation -€1,578
down €1,578 (-15.1%), from €10,427 to €8,849
- Financial charges -€653
down €653 (-28.6%), from €2,285 to €1,632
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,461 | €106,029 | +€45,567 | +75.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €14,146 | €47,887 | +€33,741 | +239% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €14,146 | €47,887 | +€33,741 | +239% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €14,146 | €47,887 | +€33,741 | +239% |
| Current assets | 29/58 | €46,316 | €58,142 | +€11,826 | +25.5% |
| Amounts receivable within one year | 40/41 | €27,592 | €21,617 | -€5,975 | -21.7% |
| Trade receivables | 40 | €24,715 | €18,740 | -€5,975 | -24.2% |
| Other amounts receivable | 41 | €2,877 | €2,877 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,723 | €29,791 | +€11,068 | +59.1% |
| Deferred charges and accrued income | 490/1 | - | €6,734 | +€6,734 | |
| Total equity and liabilities | 10/49 | €60,461 | €106,029 | +€45,567 | +75.4% |
| Equity | 10/15 | €29,959 | €47,463 | +€17,504 | +58.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,899 | €39,403 | +€17,504 | +79.9% |
| Amounts payable | 17/49 | €30,502 | €58,565 | +€28,063 | +92.0% |
| Amounts payable after more than one year | 17 | - | €46,667 | +€46,667 | |
| Financial debts | 170/4 | - | €46,667 | +€46,667 | |
| Amounts payable within one year | 42/48 | €30,502 | €11,899 | -€18,604 | -61.0% |
| Current portion of amounts payable after more than one year | 42 | €7,528 | - | -€7,528 | |
| Trade debts | 44 | €18,660 | €3,974 | -€14,686 | -78.7% |
| Suppliers | 440/4 | €18,660 | €3,974 | -€14,686 | -78.7% |
| Taxes, remuneration and social security | 45 | €3,300 | €6,955 | +€3,655 | +111% |
| Taxes | 450/3 | €3,300 | €6,955 | +€3,655 | +111% |
| Other amounts payable | 47/48 | €1,015 | €970 | -€45 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,427 | €8,849 | -€1,578 | -15.1% |
| Other operating charges | 640/8 | €166 | - | -€166 | |
| Gross operating margin | 9900 | €8,162 | €36,926 | +€28,764 | +352% |
| Operating profit (loss) | 9901 | -€2,431 | €28,077 | +€30,508 | |
| Financial income | 75/76B | €67 | €86 | +€19 | +28.6% |
| Recurring financial income | 75 | €67 | €86 | +€19 | +28.6% |
| Financial charges | 65/66B | €2,285 | €1,632 | -€653 | -28.6% |
| Recurring financial charges | 65 | €2,285 | €1,632 | -€653 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,648 | €26,531 | +€31,180 | |
| Income taxes | 67/77 | €144 | €9,027 | +€8,883 | +6,186% |
| Profit (loss) for the period | 9904 | -€4,792 | €17,504 | +€22,296 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,792 | €17,504 | +€22,296 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.