HARIBA: 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.
HARIBA
Largest movements
- Tangible fixed assets +€495,277
up €495,277 (+165%), from €300,181 to €795,458
of which Land and buildings: +€359,834
- Receivables within one year -€61,500
no longer reported in 2025 (was €61,500)
- Debts after one year +€347,115
up €347,115 (+130%), from €266,319 to €613,434
of which Financial debts: +€234,615
- Reserves +€136,622
new in 2025: €136,622
- Profit (loss) carried forward -€90,764
down €90,764, from €28,001 to -€62,763
- Provisions +€45,541
new in 2025: €45,541
- Other debts -€9,168
down €9,168 (-30.8%), from €29,726 to €20,559
- Gross operating margin +€176,958
up €176,958 (+252%), from €70,350 to €247,308
- Depreciation +€60,382
up €60,382 (+322%), from €18,766 to €79,149
- Financial charges +€18,892
up €18,892 (+389%), from €4,855 to €23,746
- Staff costs +€4,858
up €4,858 (+18.4%), from €26,350 to €31,207
- Taxes -€4,747
no longer reported in 2025 (was €4,747)
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 | €377,811 | €814,563 | +€436,752 | +116% |
| Fixed assets | 21/28 | €300,181 | €795,458 | +€495,277 | +165% |
| Tangible fixed assets | 22/27 | €300,181 | €795,458 | +€495,277 | +165% |
| Land and buildings | 22 | €244,302 | €604,136 | +€359,834 | +147% |
| Plant, machinery and equipment | 23 | €55,879 | €191,322 | +€135,443 | +242% |
| Current assets | 29/58 | €77,631 | €19,105 | -€58,525 | -75.4% |
| Amounts receivable within one year | 40/41 | €61,500 | - | -€61,500 | |
| Trade receivables | 40 | €61,500 | - | -€61,500 | |
| Cash at bank and in hand | 54/58 | €15,769 | €19,105 | +€3,336 | +21.2% |
| Deferred charges and accrued income | 490/1 | €362 | - | -€362 | |
| Total equity and liabilities | 10/49 | €377,811 | €814,563 | +€436,752 | +116% |
| Equity | 10/15 | €34,203 | €80,061 | +€45,859 | +134% |
| Contributions | 10/11 | €6,202 | €6,202 | = | 0.0% |
| Reserves | 13 | - | €136,622 | +€136,622 | |
| Tax-exempt reserves | 132 | - | €136,622 | +€136,622 | |
| Profit (loss) carried forward | 14 | €28,001 | -€62,763 | -€90,764 | |
| Provisions and deferred taxes | 16 | - | €45,541 | +€45,541 | |
| Deferred taxes | 168 | - | €45,541 | +€45,541 | |
| Amounts payable | 17/49 | €343,608 | €688,961 | +€345,353 | +101% |
| Amounts payable after more than one year | 17 | €266,319 | €613,434 | +€347,115 | +130% |
| Financial debts | 170/4 | €120,064 | €354,680 | +€234,615 | +195% |
| Other amounts payable | 178/9 | €146,255 | €258,755 | +€112,500 | +76.9% |
| Amounts payable within one year | 42/48 | €76,954 | €71,979 | -€4,975 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €34,885 | €39,572 | +€4,686 | +13.4% |
| Trade debts | 44 | €3,658 | €2,247 | -€1,410 | -38.6% |
| Suppliers | 440/4 | €3,658 | €2,247 | -€1,410 | -38.6% |
| Taxes, remuneration and social security | 45 | €8,685 | €9,601 | +€916 | +10.6% |
| Taxes | 450/3 | €4,747 | €5,102 | +€355 | +7.5% |
| Remuneration and social security | 454/9 | €3,938 | €4,499 | +€562 | +14.3% |
| Other amounts payable | 47/48 | €29,726 | €20,559 | -€9,168 | -30.8% |
| Accrued charges and deferred income | 492/3 | €335 | €3,548 | +€3,213 | +958% |
| Remuneration, social security and pensions | 62 | €26,350 | €31,207 | +€4,858 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,766 | €79,149 | +€60,382 | +322% |
| Other operating charges | 640/8 | €3,228 | €6,432 | +€3,204 | +99.2% |
| Non-recurring operating charges | 66A | - | €15,375 | +€15,375 | |
| Gross operating margin | 9900 | €70,350 | €247,308 | +€176,958 | +252% |
| Operating profit (loss) | 9901 | €22,006 | €115,146 | +€93,140 | +423% |
| Financial charges | 65/66B | €4,855 | €23,746 | +€18,892 | +389% |
| Recurring financial charges | 65 | €4,855 | €23,746 | +€18,892 | +389% |
| Profit (loss) for the period before taxes | 9903 | €17,151 | €91,399 | +€74,248 | +433% |
| Transfer from deferred taxes | 780 | - | €1,040 | +€1,040 | |
| Transfer to deferred taxes | 680 | - | €46,581 | +€46,581 | |
| Income taxes | 67/77 | €4,747 | - | -€4,747 | |
| Profit (loss) for the period | 9904 | €12,404 | €45,859 | +€33,455 | +270% |
| Transfer from tax-exempt reserves | 789 | - | €3,121 | +€3,121 | |
| Transfer to tax-exempt reserves | 689 | - | €139,743 | +€139,743 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,404 | -€90,764 | -€103,168 |
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 14 October 2026 via checked.be.