Haroon: 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.
Haroon
Largest movements
- Cash +€39,156
up €39,156 (+557%), from €7,034 to €46,190
mainly Trade debts (+€30,937) and Depreciation (+€12,394)
- Receivables within one year -€10,628
down €10,628 (-65.1%), from €16,322 to €5,694
of which Trade receivables: -€6,569
- Tangible fixed assets -€10,434
down €10,434 (-3.7%), from €284,302 to €273,868
of which Land and buildings: -€11,655
- Trade debts +€30,937
up €30,937 (+367%), from €8,431 to €39,368
- Tax, wage and social debts -€18,036
down €18,036 (-61.6%), from €29,264 to €11,227
of which Taxes: -€9,741
- Other debts +€6,279
up €6,279 (+16.2%), from €38,788 to €45,067
- Debts after one year -€4,883
down €4,883 (-2.3%), from €213,761 to €208,879
- Profit (loss) carried forward +€3,932
up €3,932 (+9.4%), from €41,627 to €45,559
- Depreciation -€17,028
down €17,028 (-57.9%), from €29,422 to €12,394
- Financial charges +€16,146
up €16,146 (+195%), from €8,283 to €24,430
- Gross operating margin +€5,781
up €5,781 (+5.6%), from €102,934 to €108,715
- Other operating charges +€4,563
up €4,563 (+44.4%), from €10,277 to €14,840
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.
Derived cash bridge
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 | €371,263 | €389,893 | +€18,630 | +5.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €284,302 | €273,868 | -€10,434 | -3.7% |
| Tangible fixed assets | 22/27 | €284,302 | €273,868 | -€10,434 | -3.7% |
| Land and buildings | 22 | €282,937 | €271,282 | -€11,655 | -4.1% |
| Plant, machinery and equipment | 23 | €1,365 | €2,586 | +€1,221 | +89.5% |
| Current assets | 29/58 | €86,961 | €116,025 | +€29,064 | +33.4% |
| Stocks and contracts in progress | 3 | €63,605 | €63,605 | = | 0.0% |
| Stocks | 30/36 | €63,605 | €63,605 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,322 | €5,694 | -€10,628 | -65.1% |
| Trade receivables | 40 | €9,673 | €3,104 | -€6,569 | -67.9% |
| Other amounts receivable | 41 | €6,649 | €2,590 | -€4,059 | -61.1% |
| Cash at bank and in hand | 54/58 | €7,034 | €46,190 | +€39,156 | +557% |
| Deferred charges and accrued income | 490/1 | - | €536 | +€536 | |
| Total equity and liabilities | 10/49 | €371,263 | €389,893 | +€18,630 | +5.0% |
| Equity | 10/15 | €76,537 | €80,469 | +€3,932 | +5.1% |
| Contributions | 10/11 | €17,600 | €17,600 | = | 0.0% |
| Contributions outside capital | 11 | €17,600 | - | -€17,600 | |
| Other | 1109/19 | €17,600 | - | -€17,600 | |
| Reserves | 13 | €17,310 | €17,310 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,450 | €15,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,627 | €45,559 | +€3,932 | +9.4% |
| Amounts payable | 17/49 | €294,726 | €309,424 | +€14,698 | +5.0% |
| Amounts payable after more than one year | 17 | €213,761 | €208,879 | -€4,883 | -2.3% |
| Financial debts | 170/4 | €213,761 | €208,879 | -€4,883 | -2.3% |
| Amounts payable within one year | 42/48 | €80,965 | €100,546 | +€19,581 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €4,482 | €4,883 | +€401 | +8.9% |
| Trade debts | 44 | €8,431 | €39,368 | +€30,937 | +367% |
| Suppliers | 440/4 | €8,431 | €39,368 | +€30,937 | +367% |
| Taxes, remuneration and social security | 45 | €29,264 | €11,227 | -€18,036 | -61.6% |
| Taxes | 450/3 | €17,868 | €8,128 | -€9,741 | -54.5% |
| Remuneration and social security | 454/9 | €11,396 | €3,100 | -€8,296 | -72.8% |
| Other amounts payable | 47/48 | €38,788 | €45,067 | +€6,279 | +16.2% |
| Remuneration, social security and pensions | 62 | €48,645 | €48,195 | -€450 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,422 | €12,394 | -€17,028 | -57.9% |
| Other operating charges | 640/8 | €10,277 | €14,840 | +€4,563 | +44.4% |
| Non-recurring operating charges | 66A | - | €2,340 | +€2,340 | |
| Gross operating margin | 9900 | €102,934 | €108,715 | +€5,781 | +5.6% |
| Operating profit (loss) | 9901 | €14,591 | €30,947 | +€16,356 | +112% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €8,283 | €24,430 | +€16,146 | +195% |
| Recurring financial charges | 65 | €8,283 | €24,430 | +€16,146 | +195% |
| Profit (loss) for the period before taxes | 9903 | €6,308 | €6,517 | +€210 | +3.3% |
| Income taxes | 67/77 | €2,300 | €2,585 | +€285 | +12.4% |
| Profit (loss) for the period | 9904 | €4,008 | €3,932 | -€76 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,008 | €3,932 | -€76 | -1.9% |
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 16 October 2026 via checked.be.