Harent: 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.
Harent
Largest movements
- Current investments +€99,500
new in 2025: €99,500
- Cash -€65,650
down €65,650 (-53.7%), from €122,269 to €56,619
mainly Current investments (-€99,500) and Debts after one year (-€21,528)
- Tangible fixed assets -€9,546
down €9,546 (-24.1%), from €39,660 to €30,114
- Reserves +€70,000
up €70,000 (+32.0%), from €218,748 to €288,748
- Debts after one year -€21,528
down €21,528 (-53.9%), from €39,973 to €18,445
- Tax, wage and social debts -€17,881
down €17,881 (-46.4%), from €38,520 to €20,639
of which Taxes: -€17,881
- Financial income -€28,890
down €28,890 (-48.1%), from €60,001 to €31,111
- Gross operating margin +€3,373
up €3,373 (+5.6%), from €60,721 to €64,094
- Depreciation +€1,475
up €1,475 (+18.3%), from €8,071 to €9,546
- Financial charges -€757
down €757 (-15.3%), from €4,942 to €4,186
- Taxes +€749
up €749 (+6.2%), from €12,024 to €12,773
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.
Cash bridge derived
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 | €381,345 | €406,005 | +€24,660 | +6.5% |
| Fixed assets | 21/28 | €242,660 | €233,114 | -€9,546 | -3.9% |
| Tangible fixed assets | 22/27 | €39,660 | €30,114 | -€9,546 | -24.1% |
| Furniture and vehicles | 24 | €39,660 | €30,114 | -€9,546 | -24.1% |
| Financial fixed assets | 28 | €203,000 | €203,000 | = | 0.0% |
| Current assets | 29/58 | €138,686 | €172,892 | +€34,206 | +24.7% |
| Amounts receivable within one year | 40/41 | €12,100 | €12,100 | = | 0.0% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Current investments | 50/53 | - | €99,500 | +€99,500 | |
| Cash at bank and in hand | 54/58 | €122,269 | €56,619 | -€65,650 | -53.7% |
| Deferred charges and accrued income | 490/1 | €4,316 | €4,672 | +€356 | +8.3% |
| Total equity and liabilities | 10/49 | €381,345 | €406,005 | +€24,660 | +6.5% |
| Equity | 10/15 | €247,858 | €314,960 | +€67,103 | +27.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €218,748 | €288,748 | +€70,000 | +32.0% |
| Distributable reserves | 133 | €218,748 | €288,748 | +€70,000 | +32.0% |
| Profit (loss) carried forward | 14 | €4,110 | €1,213 | -€2,897 | -70.5% |
| Amounts payable | 17/49 | €133,487 | €91,045 | -€42,442 | -31.8% |
| Amounts payable after more than one year | 17 | €39,973 | €18,445 | -€21,528 | -53.9% |
| Financial debts | 170/4 | €39,973 | €18,445 | -€21,528 | -53.9% |
| Amounts payable within one year | 42/48 | €91,353 | €70,692 | -€20,661 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €23,933 | €21,528 | -€2,405 | -10.0% |
| Trade debts | 44 | €1,112 | €737 | -€375 | -33.7% |
| Suppliers | 440/4 | €1,112 | €737 | -€375 | -33.7% |
| Taxes, remuneration and social security | 45 | €38,520 | €20,639 | -€17,881 | -46.4% |
| Taxes | 450/3 | €36,420 | €18,539 | -€17,881 | -49.1% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €27,788 | €27,788 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,162 | €1,908 | -€253 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,071 | €9,546 | +€1,475 | +18.3% |
| Other operating charges | 640/8 | €742 | €764 | +€23 | +3.0% |
| Gross operating margin | 9900 | €60,721 | €64,094 | +€3,373 | +5.6% |
| Operating profit (loss) | 9901 | €51,908 | €53,783 | +€1,875 | +3.6% |
| Financial income | 75/76B | €60,001 | €31,111 | -€28,890 | -48.1% |
| Recurring financial income | 75 | €60,001 | €31,111 | -€28,890 | -48.1% |
| Financial charges | 65/66B | €4,942 | €4,186 | -€757 | -15.3% |
| Recurring financial charges | 65 | €4,942 | €4,186 | -€757 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €106,967 | €80,709 | -€26,258 | -24.5% |
| Income taxes | 67/77 | €12,024 | €12,773 | +€749 | +6.2% |
| Profit (loss) for the period | 9904 | €94,943 | €67,936 | -€27,007 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €94,943 | €67,936 | -€27,007 | -28.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.