HAROS: 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.
HAROS
Largest movements
- Tangible fixed assets -€8,006
down €8,006 (-29.5%), from €27,147 to €19,141
of which Furniture and vehicles: -€7,400
- Receivables within one year +€7,870
up €7,870 (+2.1%), from €375,458 to €383,328
of which Other amounts receivable: +€42,167
No liability line moved by more than 1% of the balance sheet total.
- Staff costs +€50,397
up €50,397 (+127.8%), from €39,437 to €89,835
- Gross operating margin -€38,223
down €38,223 (-22.6%), from €168,905 to €130,681
- Taxes -€23,458
down €23,458 (-49.5%), from €47,390 to €23,933
- Other operating charges -€2,864
down €2,864 (-28.0%), from €10,215 to €7,351
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 | €672,259 | €676,050 | +€3,791 | +0.6% |
| Fixed assets | 21/28 | €32,397 | €24,391 | -€8,006 | -24.7% |
| Tangible fixed assets | 22/27 | €27,147 | €19,141 | -€8,006 | -29.5% |
| Land and buildings | 22 | €19,747 | €19,141 | -€606 | -3.1% |
| Furniture and vehicles | 24 | €7,400 | - | -€7,400 | |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €639,862 | €651,659 | +€11,797 | +1.8% |
| Amounts receivable within one year | 40/41 | €375,458 | €383,328 | +€7,870 | +2.1% |
| Trade receivables | 40 | €262,083 | €227,785 | -€34,298 | -13.1% |
| Other amounts receivable | 41 | €113,375 | €155,542 | +€42,167 | +37.2% |
| Cash at bank and in hand | 54/58 | €264,403 | €268,331 | +€3,928 | +1.5% |
| Total equity and liabilities | 10/49 | €672,259 | €676,050 | +€3,791 | +0.6% |
| Equity | 10/15 | €671,968 | €673,136 | +€1,168 | +0.2% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Outside capital | 11 | €8,060 | €8,060 | = | 0.0% |
| Other | 1109/19 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €663,908 | €665,076 | +€1,168 | +0.2% |
| Amounts payable | 17/49 | €291 | €2,914 | +€2,623 | +901.8% |
| Amounts payable within one year | 42/48 | €291 | €2,914 | +€2,623 | +901.8% |
| Financial debts | 43 | €20 | €20 | = | 0.0% |
| Credit institutions | 430/8 | €20 | €20 | = | 0.0% |
| Trade debts | 44 | €271 | €2,893 | +€2,623 | +969.3% |
| Suppliers | 440/4 | €271 | €2,893 | +€2,623 | +969.3% |
| Remuneration, social security and pensions | 62 | €39,437 | €89,835 | +€50,397 | +127.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,082 | €8,006 | -€76 | -0.9% |
| Other operating charges | 640/8 | €10,215 | €7,351 | -€2,864 | -28.0% |
| Gross operating margin | 9900 | €168,905 | €130,681 | -€38,223 | -22.6% |
| Operating profit (loss) | 9901 | €111,170 | €25,489 | -€85,681 | -77.1% |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €406 | €418 | +€11 | +2.8% |
| Recurring financial charges | 65 | €406 | €418 | +€11 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €110,764 | €25,101 | -€85,663 | -77.3% |
| Income taxes | 67/77 | €47,390 | €23,933 | -€23,458 | -49.5% |
| Profit (loss) for the period | 9904 | €63,373 | €1,168 | -€62,205 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,373 | €1,168 | -€62,205 | -98.2% |
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 3 October 2026 via checked.be.