Harley Partners: what changed
Harley Partners
Largest movements
- Receivables within one year +€11,791
up €11,791 (+166%), from €7,097 to €18,889
of which Other amounts receivable: +€7,731
- Financial fixed assets +€5,000
new in 2025: €5,000
- Cash -€4,709
down €4,709 (-20.5%), from €22,962 to €18,253
mainly Receivables within one year (-€11,791) and Investment in fixed assets (net) (-€9,329)
- Tangible fixed assets +€2,863
up €2,863 (+98.3%), from €2,911 to €5,775
of which Furniture and vehicles: +€2,233
- Deferred charges and accrued income +€749
new in 2025: €749
- Profit (loss) carried forward +€10,354
up €10,354 (+47.6%), from €21,736 to €32,090
- Tax, wage and social debts +€6,389
up €6,389 (+107%), from €5,981 to €12,370
- Trade debts -€1,049
down €1,049 (-25.9%), from €4,054 to €3,005
- Gross operating margin -€10,754
down €10,754 (-37.4%), from €28,778 to €18,024
- Financial income +€906
up €906 (+1,533%), from €59 to €965
- Depreciation +€761
up €761 (+108%), from €705 to €1,466
- Taxes +€408
up €408 (+6.8%), from €5,981 to €6,389
- Other operating charges +€312
up €312 (+80.7%), from €387 to €700
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,971 | €48,665 | +€15,694 | +47.6% |
| Fixed assets | 21/28 | €2,911 | €10,775 | +€7,863 | +270% |
| Tangible fixed assets | 22/27 | €2,911 | €5,775 | +€2,863 | +98.3% |
| Plant, machinery and equipment | 23 | €1,805 | €2,435 | +€630 | +34.9% |
| Furniture and vehicles | 24 | €1,107 | €3,340 | +€2,233 | +202% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €30,060 | €37,890 | +€7,831 | +26.1% |
| Amounts receivable within one year | 40/41 | €7,097 | €18,889 | +€11,791 | +166% |
| Trade receivables | 40 | - | €4,060 | +€4,060 | |
| Other amounts receivable | 41 | €7,097 | €14,829 | +€7,731 | +109% |
| Cash at bank and in hand | 54/58 | €22,962 | €18,253 | -€4,709 | -20.5% |
| Deferred charges and accrued income | 490/1 | - | €749 | +€749 | |
| Total equity and liabilities | 10/49 | €32,971 | €48,665 | +€15,694 | +47.6% |
| Equity | 10/15 | €22,936 | €33,290 | +€10,354 | +45.1% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,736 | €32,090 | +€10,354 | +47.6% |
| Amounts payable | 17/49 | €10,035 | €15,375 | +€5,340 | +53.2% |
| Amounts payable within one year | 42/48 | €10,035 | €15,375 | +€5,340 | +53.2% |
| Trade debts | 44 | €4,054 | €3,005 | -€1,049 | -25.9% |
| Suppliers | 440/4 | €4,054 | €3,005 | -€1,049 | -25.9% |
| Taxes, remuneration and social security | 45 | €5,981 | €12,370 | +€6,389 | +107% |
| Taxes | 450/3 | €5,981 | €12,370 | +€6,389 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €1,466 | +€761 | +108% |
| Other operating charges | 640/8 | €387 | €700 | +€312 | +80.7% |
| Gross operating margin | 9900 | €28,778 | €18,024 | -€10,754 | -37.4% |
| Operating profit (loss) | 9901 | €27,685 | €15,858 | -€11,827 | -42.7% |
| Financial income | 75/76B | €59 | €965 | +€906 | +1,533% |
| Recurring financial income | 75 | €59 | €965 | +€906 | +1,533% |
| Financial charges | 65/66B | €27 | €80 | +€53 | +197% |
| Recurring financial charges | 65 | €27 | €80 | +€53 | +197% |
| Profit (loss) for the period before taxes | 9903 | €27,717 | €16,743 | -€10,974 | -39.6% |
| Income taxes | 67/77 | €5,981 | €6,389 | +€408 | +6.8% |
| Profit (loss) for the period | 9904 | €21,736 | €10,354 | -€11,383 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,736 | €10,354 | -€11,383 | -52.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.