HARLAND: 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.
HARLAND
Largest movements
- Receivables within one year -€34,646
down €34,646 (-63.1%), from €54,938 to €20,292
of which Trade receivables: -€18,384
- Cash +€21,600
up €21,600 (+27.2%), from €79,503 to €101,103
mainly Receivables within one year (+€34,646) and Other debts (+€5,010)
- Tangible fixed assets -€3,321
down €3,321 (-18.3%), from €18,182 to €14,862
of which Plant, machinery and equipment: -€2,862
- Trade debts -€20,659
down €20,659 (-72.3%), from €28,575 to €7,916
- Other debts +€5,010
new in 2025: €5,010
- Profit (loss) carried forward +€3,986
up €3,986 (+10.9%), from -€36,694 to -€32,708
- Debts after one year -€3,622
down €3,622 (-33.6%), from €10,779 to €7,157
- Financial income -€3,720
down €3,720 (-51.9%), from €7,168 to €3,448
of which Non-recurring financial income: -€3,458
- Taxes +€1,492
up €1,492 (+591%), from €253 to €1,744
- Gross operating margin -€928
down €928 (-10.0%), from €9,264 to €8,336
- Financial charges -€643
down €643 (-23.0%), from €2,796 to €2,152
of which Financial charges: -€918
- Depreciation -€182
down €182 (-5.2%), from €3,503 to €3,321
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 | €153,772 | €137,135 | -€16,637 | -10.8% |
| Fixed assets | 21/28 | €18,813 | €15,492 | -€3,321 | -17.7% |
| Tangible fixed assets | 22/27 | €18,182 | €14,862 | -€3,321 | -18.3% |
| Plant, machinery and equipment | 23 | €17,724 | €14,862 | -€2,862 | -16.1% |
| Furniture and vehicles | 24 | €458 | - | -€458 | |
| Financial fixed assets | 28 | €630 | €630 | = | 0.0% |
| Current assets | 29/58 | €134,959 | €121,643 | -€13,316 | -9.9% |
| Amounts receivable within one year | 40/41 | €54,938 | €20,292 | -€34,646 | -63.1% |
| Trade receivables | 40 | €36,023 | €17,639 | -€18,384 | -51.0% |
| Other amounts receivable | 41 | €18,915 | €2,653 | -€16,262 | -86.0% |
| Cash at bank and in hand | 54/58 | €79,503 | €101,103 | +€21,600 | +27.2% |
| Deferred charges and accrued income | 490/1 | €517 | €247 | -€270 | -52.2% |
| Total equity and liabilities | 10/49 | €153,772 | €137,135 | -€16,637 | -10.8% |
| Equity | 10/15 | €72,021 | €76,007 | +€3,986 | +5.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €102,517 | €102,517 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €100,658 | €100,658 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,694 | -€32,708 | +€3,986 | +10.9% |
| Provisions and deferred taxes | 16 | €33,553 | €33,553 | = | 0.0% |
| Deferred taxes | 168 | €33,553 | €33,553 | = | 0.0% |
| Amounts payable | 17/49 | €48,198 | €27,576 | -€20,622 | -42.8% |
| Amounts payable after more than one year | 17 | €10,779 | €7,157 | -€3,622 | -33.6% |
| Financial debts | 170/4 | €10,779 | €7,157 | -€3,622 | -33.6% |
| Amounts payable within one year | 42/48 | €36,501 | €20,019 | -€16,483 | -45.2% |
| Current portion of amounts payable after more than one year | 42 | €3,436 | €3,622 | +€186 | +5.4% |
| Trade debts | 44 | €28,575 | €7,916 | -€20,659 | -72.3% |
| Suppliers | 440/4 | €28,575 | €7,916 | -€20,659 | -72.3% |
| Advances received on contracts in progress | 46 | €2,574 | €1,485 | -€1,089 | -42.3% |
| Taxes, remuneration and social security | 45 | €1,916 | €1,986 | +€69 | +3.6% |
| Taxes | 450/3 | €1,916 | €1,986 | +€69 | +3.6% |
| Other amounts payable | 47/48 | - | €5,010 | +€5,010 | |
| Accrued charges and deferred income | 492/3 | €918 | €400 | -€518 | -56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,503 | €3,321 | -€182 | -5.2% |
| Other operating charges | 640/8 | €561 | €581 | +€19 | +3.4% |
| Gross operating margin | 9900 | €9,264 | €8,336 | -€928 | -10.0% |
| Operating profit (loss) | 9901 | €5,199 | €4,435 | -€765 | -14.7% |
| Financial income | 75/76B | €7,168 | €3,448 | -€3,720 | -51.9% |
| Recurring financial income | 75 | €1,112 | €850 | -€262 | -23.6% |
| Non-recurring financial income | 76B | €6,057 | €2,598 | -€3,458 | -57.1% |
| Financial charges | 65/66B | €2,796 | €2,152 | -€643 | -23.0% |
| Recurring financial charges | 65 | €2,365 | €1,447 | -€918 | -38.8% |
| Non-recurring financial charges | 66B | €431 | €706 | +€274 | +63.6% |
| Profit (loss) for the period before taxes | 9903 | €9,571 | €5,730 | -€3,841 | -40.1% |
| Income taxes | 67/77 | €253 | €1,744 | +€1,492 | +591% |
| Profit (loss) for the period | 9904 | €9,319 | €3,986 | -€5,333 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,319 | €3,986 | -€5,333 | -57.2% |
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.