HARLEY FUNNY: 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.
HARLEY FUNNY
Largest movements
- Stocks and contracts +€7,545
up €7,545 (+7.3%), from €103,401 to €110,946
- Receivables within one year -€6,275
down €6,275 (-76.8%), from €8,169 to €1,894
of which Trade receivables: -€6,320
- Deferred charges and accrued income -€3,262
down €3,262 (-100.0%), from €3,262 to €0
- Cash +€2,410
up €2,410 (+30.2%), from €7,982 to €10,392
mainly Other debts (+€13,040) and Receivables within one year (+€6,275)
- Other debts +€13,040
up €13,040 (+54.4%), from €23,985 to €37,025
- Short-term financial debts -€10,000
down €10,000 (-7.4%), from €135,000 to €125,000
- Profit (loss) carried forward -€8,903
down €8,903 (-12.1%), from -€73,523 to -€82,427
- Tax, wage and social debts +€4,006
up €4,006 (+22.5%), from €17,821 to €21,827
of which Taxes: +€2,738
- Trade debts +€3,543
up €3,543 (+42.5%), from €8,339 to €11,882
- Gross operating margin -€15,447
down €15,447 (-29.5%), from €52,436 to €36,989
- Financial charges -€5,060
down €5,060 (-42.0%), from €12,050 to €6,990
- Staff costs +€4,089
up €4,089 (+13.4%), from €30,453 to €34,543
- Taxes -€1,680
down €1,680 (-55.3%), from €3,039 to €1,359
- Depreciation +€881
up €881 (+18.6%), from €4,729 to €5,610
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 | €134,050 | €134,858 | +€808 | +0.6% |
| Fixed assets | 21/28 | €10,371 | €10,762 | +€390 | +3.8% |
| Tangible fixed assets | 22/27 | €9,590 | €9,981 | +€390 | +4.1% |
| Furniture and vehicles | 24 | €3,296 | €694 | -€2,601 | -78.9% |
| Other tangible fixed assets | 26 | €6,295 | €9,286 | +€2,992 | +47.5% |
| Financial fixed assets | 28 | €781 | €781 | = | 0.0% |
| Current assets | 29/58 | €123,679 | €124,096 | +€417 | +0.3% |
| Stocks and contracts in progress | 3 | €103,401 | €110,946 | +€7,545 | +7.3% |
| Stocks | 30/36 | €103,401 | €110,946 | +€7,545 | +7.3% |
| Amounts receivable within one year | 40/41 | €8,169 | €1,894 | -€6,275 | -76.8% |
| Trade receivables | 40 | €8,169 | €1,849 | -€6,320 | -77.4% |
| Other amounts receivable | 41 | €0 | €45 | +€45 | |
| Current investments | 50/53 | €865 | €865 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,982 | €10,392 | +€2,410 | +30.2% |
| Deferred charges and accrued income | 490/1 | €3,262 | €0 | -€3,262 | -100.0% |
| Total equity and liabilities | 10/49 | €134,050 | €134,858 | +€808 | +0.6% |
| Equity | 10/15 | -€53,072 | -€61,976 | -€8,903 | -16.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,523 | -€82,427 | -€8,903 | -12.1% |
| Amounts payable | 17/49 | €187,123 | €196,833 | +€9,711 | +5.2% |
| Amounts payable within one year | 42/48 | €185,145 | €196,833 | +€11,688 | +6.3% |
| Financial debts | 43 | €135,000 | €125,000 | -€10,000 | -7.4% |
| Credit institutions | 430/8 | €135,000 | €125,000 | -€10,000 | -7.4% |
| Trade debts | 44 | €8,339 | €11,882 | +€3,543 | +42.5% |
| Suppliers | 440/4 | €8,339 | €11,882 | +€3,543 | +42.5% |
| Advances received on contracts in progress | 46 | - | €1,100 | +€1,100 | |
| Taxes, remuneration and social security | 45 | €17,821 | €21,827 | +€4,006 | +22.5% |
| Taxes | 450/3 | €17,261 | €19,999 | +€2,738 | +15.9% |
| Remuneration and social security | 454/9 | €560 | €1,828 | +€1,268 | +226.4% |
| Other amounts payable | 47/48 | €23,985 | €37,025 | +€13,040 | +54.4% |
| Accrued charges and deferred income | 492/3 | €1,977 | €0 | -€1,977 | -100.0% |
| Remuneration, social security and pensions | 62 | €30,453 | €34,543 | +€4,089 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,729 | €5,610 | +€881 | +18.6% |
| Other operating charges | 640/8 | €1,084 | €680 | -€405 | -37.3% |
| Gross operating margin | 9900 | €52,436 | €36,989 | -€15,447 | -29.5% |
| Operating profit (loss) | 9901 | €16,170 | -€3,843 | -€20,013 | |
| Financial income | 75/76B | €2,685 | €3,289 | +€604 | +22.5% |
| Recurring financial income | 75 | €2,685 | €3,289 | +€604 | +22.5% |
| Financial charges | 65/66B | €12,050 | €6,990 | -€5,060 | -42.0% |
| Recurring financial charges | 65 | €12,050 | €6,990 | -€5,060 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €6,805 | -€7,544 | -€14,349 | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €3,039 | €1,359 | -€1,680 | -55.3% |
| Profit (loss) for the period | 9904 | €3,766 | -€8,903 | -€12,669 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €3,766 | -€8,903 | -€12,669 |
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 9 October 2026 via checked.be.