HARO-CONSTRUCT: 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.
HARO-CONSTRUCT
Largest movements
- Receivables within one year +€39,403
up €39,403 (+74.9%), from €52,593 to €91,996
of which Trade receivables: +€91,730
- Trade debts +€73,730
up €73,730 (+1726.7%), from €4,270 to €78,000
- Profit (loss) carried forward -€34,496
down €34,496 (-771.5%), from -€4,471 to -€38,967
- Gross operating margin -€29,622
down €29,622 (-673.2%), from -€4,400 to -€34,022
- Other operating charges +€434
new in 2025: €434
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 | €54,136 | €93,370 | +€39,234 | +72.5% |
| Current assets | 29/58 | €54,136 | €93,370 | +€39,234 | +72.5% |
| Amounts receivable within one year | 40/41 | €52,593 | €91,996 | +€39,403 | +74.9% |
| Trade receivables | 40 | - | €91,730 | +€91,730 | |
| Other amounts receivable | 41 | €52,593 | €266 | -€52,328 | -99.5% |
| Cash at bank and in hand | 54/58 | €1,543 | €1,374 | -€169 | -10.9% |
| Total equity and liabilities | 10/49 | €54,136 | €93,370 | +€39,234 | +72.5% |
| Equity | 10/15 | €19,400 | -€15,096 | -€34,496 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,872 | €3,872 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €1,872 | €1,872 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,471 | -€38,967 | -€34,496 | -771.5% |
| Amounts payable | 17/49 | €34,736 | €108,465 | +€73,730 | +212.3% |
| Amounts payable within one year | 42/48 | €34,736 | €108,465 | +€73,730 | +212.3% |
| Trade debts | 44 | €4,270 | €78,000 | +€73,730 | +1726.7% |
| Suppliers | 440/4 | €4,270 | €78,000 | +€73,730 | +1726.7% |
| Taxes, remuneration and social security | 45 | €119 | €119 | = | 0.0% |
| Taxes | 450/3 | €119 | €119 | = | 0.0% |
| Other amounts payable | 47/48 | €30,347 | €30,347 | = | 0.0% |
| Other operating charges | 640/8 | - | €434 | +€434 | |
| Gross operating margin | 9900 | -€4,400 | -€34,022 | -€29,622 | -673.2% |
| Operating profit (loss) | 9901 | -€4,400 | -€34,456 | -€30,056 | -683.1% |
| Financial charges | 65/66B | €71 | €40 | -€32 | -44.7% |
| Recurring financial charges | 65 | €71 | €40 | -€32 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,471 | -€34,496 | -€30,024 | -671.5% |
| Profit (loss) for the period | 9904 | -€4,471 | -€34,496 | -€30,024 | -671.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,471 | -€34,496 | -€30,024 | -671.5% |
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 11 October 2026 via checked.be.