HARMONIA VISION: 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.
HARMONIA VISION
Largest movements
- Tangible fixed assets -€15,802
down €15,802 (-19.2%), from €82,167 to €66,364
of which Land and buildings: -€9,797
- Profit (loss) carried forward +€25,519
up €25,519, from -€830 to €24,689
- Reserves -€23,775
down €23,775 (-36.7%), from €64,785 to €41,010
- Debts after one year -€11,945
down €11,945 (-46.8%), from €25,505 to €13,560
- Other debts -€5,452
down €5,452 (-38.6%), from €14,117 to €8,665
- Gross operating margin +€8,068
up €8,068 (+42.5%), from €18,981 to €27,049
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 | €122,797 | €106,437 | -€16,360 | -13.3% |
| Fixed assets | 21/28 | €82,167 | €66,364 | -€15,802 | -19.2% |
| Tangible fixed assets | 22/27 | €82,167 | €66,364 | -€15,802 | -19.2% |
| Land and buildings | 22 | €63,067 | €53,270 | -€9,797 | -15.5% |
| Plant, machinery and equipment | 23 | €18,853 | €13,094 | -€5,759 | -30.5% |
| Furniture and vehicles | 24 | €247 | €1 | -€246 | -99.7% |
| Current assets | 29/58 | €40,630 | €40,072 | -€558 | -1.4% |
| Amounts receivable within one year | 40/41 | €13,112 | €12,569 | -€544 | -4.1% |
| Trade receivables | 40 | €10,212 | €6,801 | -€3,412 | -33.4% |
| Other amounts receivable | 41 | €2,900 | €5,768 | +€2,868 | +98.9% |
| Cash at bank and in hand | 54/58 | €26,195 | €27,197 | +€1,002 | +3.8% |
| Deferred charges and accrued income | 490/1 | €1,323 | €307 | -€1,016 | -76.8% |
| Total equity and liabilities | 10/49 | €122,797 | €106,437 | -€16,360 | -13.3% |
| Equity | 10/15 | €70,155 | €71,899 | +€1,744 | +2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,785 | €41,010 | -€23,775 | -36.7% |
| Distributable reserves | 133 | €64,785 | €41,010 | -€23,775 | -36.7% |
| Profit (loss) carried forward | 14 | -€830 | €24,689 | +€25,519 | |
| Amounts payable | 17/49 | €52,642 | €34,538 | -€18,104 | -34.4% |
| Amounts payable after more than one year | 17 | €25,505 | €13,560 | -€11,945 | -46.8% |
| Financial debts | 170/4 | €25,505 | €13,560 | -€11,945 | -46.8% |
| Amounts payable within one year | 42/48 | €27,137 | €20,978 | -€6,159 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €11,421 | €11,945 | +€524 | +4.6% |
| Trade debts | 44 | €1,294 | €85 | -€1,209 | -93.4% |
| Suppliers | 440/4 | €1,294 | €85 | -€1,209 | -93.4% |
| Taxes, remuneration and social security | 45 | €306 | €283 | -€23 | -7.4% |
| Taxes | 450/3 | €306 | €283 | -€23 | -7.4% |
| Other amounts payable | 47/48 | €14,117 | €8,665 | -€5,452 | -38.6% |
| Non-recurring operating income | 76A | €6,000 | - | -€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,620 | €15,802 | +€182 | +1.2% |
| Other operating charges | 640/8 | €1,101 | €1,135 | +€34 | +3.1% |
| Gross operating margin | 9900 | €18,981 | €27,049 | +€8,068 | +42.5% |
| Operating profit (loss) | 9901 | €2,260 | €10,112 | +€7,852 | +347.5% |
| Financial income | 75/76B | €51 | - | -€51 | |
| Recurring financial income | 75 | €51 | - | -€51 | |
| Financial charges | 65/66B | €8,450 | €8,236 | -€214 | -2.5% |
| Recurring financial charges | 65 | €8,450 | €8,236 | -€214 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,139 | €1,876 | +€8,015 | |
| Income taxes | 67/77 | €115 | €132 | +€17 | +14.7% |
| Profit (loss) for the period | 9904 | -€6,254 | €1,744 | +€7,999 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,254 | €1,744 | +€7,999 |
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 12 October 2026 via checked.be.