HARLEKIJN: 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.
HARLEKIJN
Largest movements
- Receivables within one year +€44,805
up €44,805 (+5.5%), from €811,990 to €856,795
of which Trade receivables: +€25,300
- Reserves -€580,131
down €580,131 (-54.6%), from €1.1m to €482,304
- Debts after one year +€554,120
up €554,120 (+472%), from €117,327 to €671,447
- Other debts +€59,461
up €59,461 (+125%), from €47,450 to €106,911
- Financial income +€11,726
up €11,726 (+1,542,876%), from €1 to €11,727
- Gross operating margin +€7,559
up €7,559 (+22.8%), from €33,119 to €40,678
- Taxes +€7,327
up €7,327 (+188%), from €3,902 to €11,229
- Other operating charges -€2,525
down €2,525 (-65.3%), from €3,865 to €1,340
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 | €1,390,303 | €1,425,571 | +€35,269 | +2.5% |
| Fixed assets | 21/28 | €569,687 | €559,446 | -€10,241 | -1.8% |
| Tangible fixed assets | 22/27 | €71,687 | €61,446 | -€10,241 | -14.3% |
| Land and buildings | 22 | €71,687 | €61,446 | -€10,241 | -14.3% |
| Financial fixed assets | 28 | €498,000 | €498,000 | = | 0.0% |
| Current assets | 29/58 | €820,616 | €866,126 | +€45,510 | +5.5% |
| Amounts receivable within one year | 40/41 | €811,990 | €856,795 | +€44,805 | +5.5% |
| Trade receivables | 40 | €286,819 | €312,119 | +€25,300 | +8.8% |
| Other amounts receivable | 41 | €525,171 | €544,676 | +€19,505 | +3.7% |
| Cash at bank and in hand | 54/58 | €384 | €7,510 | +€7,126 | +1,855% |
| Deferred charges and accrued income | 490/1 | €8,242 | €1,820 | -€6,422 | -77.9% |
| Total equity and liabilities | 10/49 | €1,390,303 | €1,425,571 | +€35,269 | +2.5% |
| Equity | 10/15 | €1,145,556 | €577,425 | -€568,131 | -49.6% |
| Contributions | 10/11 | €83,000 | €95,000 | +€12,000 | +14.5% |
| Reserves | 13 | €1,062,435 | €482,304 | -€580,131 | -54.6% |
| Distributable reserves | 133 | €1,062,435 | €482,304 | -€580,131 | -54.6% |
| Profit (loss) carried forward | 14 | €121 | €121 | = | 0.0% |
| Amounts payable | 17/49 | €244,747 | €848,146 | +€603,399 | +247% |
| Amounts payable after more than one year | 17 | €117,327 | €671,447 | +€554,120 | +472% |
| Financial debts | 170/4 | €117,327 | €671,447 | +€554,120 | +472% |
| Amounts payable within one year | 42/48 | €123,670 | €172,713 | +€49,043 | +39.7% |
| Current portion of amounts payable after more than one year | 42 | €5,483 | €5,713 | +€231 | +4.2% |
| Financial debts | 43 | €3,102 | €3,070 | -€32 | -1.0% |
| Credit institutions | 430/8 | €3,102 | €3,070 | -€32 | -1.0% |
| Trade debts | 44 | €304 | €1,933 | +€1,629 | +537% |
| Suppliers | 440/4 | €304 | €1,933 | +€1,629 | +537% |
| Taxes, remuneration and social security | 45 | €67,332 | €55,086 | -€12,246 | -18.2% |
| Taxes | 450/3 | €18,181 | €0 | -€18,181 | -100% |
| Remuneration and social security | 454/9 | €49,151 | €55,086 | +€5,935 | +12.1% |
| Other amounts payable | 47/48 | €47,450 | €106,911 | +€59,461 | +125% |
| Accrued charges and deferred income | 492/3 | €3,750 | €3,986 | +€236 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,241 | €10,241 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,865 | €1,340 | -€2,525 | -65.3% |
| Gross operating margin | 9900 | €33,119 | €40,678 | +€7,559 | +22.8% |
| Operating profit (loss) | 9901 | €19,013 | €29,097 | +€10,084 | +53.0% |
| Financial income | 75/76B | €1 | €11,727 | +€11,726 | +1,542,876% |
| Recurring financial income | 75 | €1 | €11,727 | +€11,726 | +1,542,876% |
| Financial charges | 65/66B | €6,750 | €6,525 | -€225 | -3.3% |
| Recurring financial charges | 65 | €6,750 | €6,525 | -€225 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €12,264 | €34,299 | +€22,035 | +180% |
| Income taxes | 67/77 | €3,902 | €11,229 | +€7,327 | +188% |
| Profit (loss) for the period | 9904 | €8,362 | €23,069 | +€14,708 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €8,362 | €23,069 | +€14,708 | +176% |
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 23 October 2026 via checked.be.