HARKER: 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.
HARKER
Largest movements
- Receivables within one year +€3,050
up €3,050 (+367.8%), from €829 to €3,879
of which Other amounts receivable: +€2,021
- Cash -€2,571
down €2,571 (-25.6%), from €10,043 to €7,473
mainly Receivables within one year (-€3,050) and Investment in fixed assets (net) (-€2,800)
- Tangible fixed assets +€2,373
new in 2025: €2,373
- Profit (loss) carried forward +€3,784
up €3,784 (+63.0%), from €6,011 to €9,795
- Other debts -€750
down €750 (-28.0%), from €2,680 to €1,930
- Trade debts -€182
no longer reported in 2025 (was €182)
- Gross operating margin -€3,115
down €3,115 (-38.6%), from €8,078 to €4,963
- Taxes -€1,370
down €1,370 (-71.0%), from €1,928 to €559
- Depreciation +€427
new in 2025: €427
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 | €10,873 | €13,725 | +€2,852 | +26.2% |
| Fixed assets | 21/28 | - | €2,373 | +€2,373 | |
| Tangible fixed assets | 22/27 | - | €2,373 | +€2,373 | |
| Furniture and vehicles | 24 | - | €2,373 | +€2,373 | |
| Current assets | 29/58 | €10,873 | €11,352 | +€480 | +4.4% |
| Amounts receivable within one year | 40/41 | €829 | €3,879 | +€3,050 | +367.8% |
| Trade receivables | 40 | - | €1,029 | +€1,029 | |
| Other amounts receivable | 41 | €829 | €2,850 | +€2,021 | +243.6% |
| Cash at bank and in hand | 54/58 | €10,043 | €7,473 | -€2,571 | -25.6% |
| Total equity and liabilities | 10/49 | €10,873 | €13,725 | +€2,852 | +26.2% |
| Equity | 10/15 | €8,011 | €11,795 | +€3,784 | +47.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,011 | €9,795 | +€3,784 | +63.0% |
| Amounts payable | 17/49 | €2,862 | €1,930 | -€932 | -32.6% |
| Amounts payable within one year | 42/48 | €2,862 | €1,930 | -€932 | -32.6% |
| Trade debts | 44 | €182 | - | -€182 | |
| Suppliers | 440/4 | €182 | - | -€182 | |
| Other amounts payable | 47/48 | €2,680 | €1,930 | -€750 | -28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €427 | +€427 | |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Gross operating margin | 9900 | €8,078 | €4,963 | -€3,115 | -38.6% |
| Operating profit (loss) | 9901 | €8,078 | €4,486 | -€3,592 | -44.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €139 | €144 | +€5 | +3.6% |
| Recurring financial charges | 65 | €139 | €144 | +€5 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €7,939 | €4,343 | -€3,597 | -45.3% |
| Income taxes | 67/77 | €1,928 | €559 | -€1,370 | -71.0% |
| Profit (loss) for the period | 9904 | €6,011 | €3,784 | -€2,227 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,011 | €3,784 | -€2,227 | -37.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.