HARLI: 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.
HARLI
Largest movements
- Receivables within one year -€53,445
down €53,445 (-45.6%), from €117,091 to €63,646
- Cash -€3,692
down €3,692 (-36.5%), from €10,127 to €6,436
mainly Other debts (-€80,000) and Tax, wage and social debts (-€624)
- Other debts -€80,000
down €80,000 (-99.9%), from €80,118 to €118
- Profit (loss) carried forward +€14,757
up €14,757 (+304.0%), from €4,854 to €19,610
- Trade debts +€7,703
up €7,703 (+1345.3%), from €573 to €8,276
- Gross operating margin -€6,149
down €6,149 (-19.3%), from €31,792 to €25,643
- Taxes -€624
down €624 (-8.0%), from €7,763 to €7,139
- Financial income -€535
down €535 (-25.6%), from €2,091 to €1,555
- Depreciation +€371
up €371 (+62.2%), from €597 to €968
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 | €160,957 | €102,793 | -€58,164 | -36.1% |
| Fixed assets | 21/28 | €33,166 | €32,198 | -€968 | -2.9% |
| Tangible fixed assets | 22/27 | €33,166 | €32,198 | -€968 | -2.9% |
| Land and buildings | 22 | €33,166 | €32,198 | -€968 | -2.9% |
| Current assets | 29/58 | €127,791 | €70,594 | -€57,196 | -44.8% |
| Amounts receivable within one year | 40/41 | €117,091 | €63,646 | -€53,445 | -45.6% |
| Other amounts receivable | 41 | €117,091 | €63,646 | -€53,445 | -45.6% |
| Cash at bank and in hand | 54/58 | €10,127 | €6,436 | -€3,692 | -36.5% |
| Deferred charges and accrued income | 490/1 | €573 | €513 | -€60 | -10.4% |
| Total equity and liabilities | 10/49 | €160,957 | €102,793 | -€58,164 | -36.1% |
| Equity | 10/15 | €72,504 | €87,260 | +€14,757 | +20.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | - | -€6,150 | |
| Reserves not available under the articles | 1311 | €6,150 | - | -€6,150 | |
| Distributable reserves | 133 | - | €6,150 | +€6,150 | |
| Profit (loss) carried forward | 14 | €4,854 | €19,610 | +€14,757 | +304.0% |
| Amounts payable | 17/49 | €88,453 | €15,532 | -€72,921 | -82.4% |
| Amounts payable within one year | 42/48 | €88,453 | €15,532 | -€72,921 | -82.4% |
| Trade debts | 44 | €573 | €8,276 | +€7,703 | +1345.3% |
| Suppliers | 440/4 | €573 | €8,276 | +€7,703 | +1345.3% |
| Taxes, remuneration and social security | 45 | €7,763 | €7,139 | -€624 | -8.0% |
| Taxes | 450/3 | €7,763 | €7,139 | -€624 | -8.0% |
| Other amounts payable | 47/48 | €80,118 | €118 | -€80,000 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €597 | €968 | +€371 | +62.2% |
| Other operating charges | 640/8 | €3,695 | €3,811 | +€116 | +3.1% |
| Gross operating margin | 9900 | €31,792 | €25,643 | -€6,149 | -19.3% |
| Operating profit (loss) | 9901 | €27,500 | €20,864 | -€6,636 | -24.1% |
| Financial income | 75/76B | €2,091 | €1,555 | -€535 | -25.6% |
| Recurring financial income | 75 | €2,091 | €1,555 | -€535 | -25.6% |
| Financial charges | 65/66B | €329 | €523 | +€195 | +59.3% |
| Recurring financial charges | 65 | €329 | €523 | +€195 | +59.3% |
| Profit (loss) for the period before taxes | 9903 | €29,262 | €21,896 | -€7,367 | -25.2% |
| Income taxes | 67/77 | €7,763 | €7,139 | -€624 | -8.0% |
| Profit (loss) for the period | 9904 | €21,499 | €14,757 | -€6,743 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,499 | €14,757 | -€6,743 | -31.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.