HARRAS NETWORK: 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.
HARRAS NETWORK
Largest movements
- Receivables within one year +€17,408
up €17,408 (+208%), from €8,361 to €25,769
of which Trade receivables: +€15,691
- Tangible fixed assets -€6,101
down €6,101 (-5.0%), from €122,365 to €116,264
of which Land and buildings: -€5,579
- Cash -€3,337
down €3,337 (-13.8%), from €24,226 to €20,889
mainly Receivables within one year (-€17,408) and Trade debts (-€3,515)
- Reserves +€8,125
up €8,125 (+8.8%), from €92,501 to €100,626
of which Distributable reserves: +€8,125
- Trade debts -€3,515
down €3,515 (-63.7%), from €5,519 to €2,004
- Tax, wage and social debts +€3,361
up €3,361 (+41.3%), from €8,145 to €11,506
- Gross operating margin +€9,520
up €9,520 (+82.3%), from €11,567 to €21,087
- Taxes +€3,287
up €3,287 (+329%), from €998 to €4,285
- Financial income +€554
new in 2025: €554
- Write-downs -€227
down €227 (-41.7%), from €545 to €318
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 | €155,355 | €163,326 | +€7,971 | +5.1% |
| Fixed assets | 21/28 | €122,615 | €116,514 | -€6,101 | -5.0% |
| Tangible fixed assets | 22/27 | €122,365 | €116,264 | -€6,101 | -5.0% |
| Land and buildings | 22 | €121,820 | €116,241 | -€5,579 | -4.6% |
| Furniture and vehicles | 24 | €545 | €23 | -€522 | -95.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €32,740 | €46,812 | +€14,072 | +43.0% |
| Amounts receivable within one year | 40/41 | €8,361 | €25,769 | +€17,408 | +208% |
| Trade receivables | 40 | €3,114 | €18,805 | +€15,691 | +504% |
| Other amounts receivable | 41 | €5,247 | €6,964 | +€1,717 | +32.7% |
| Current investments | 50/53 | €153 | €154 | +€1 | +0.7% |
| Cash at bank and in hand | 54/58 | €24,226 | €20,889 | -€3,337 | -13.8% |
| Total equity and liabilities | 10/49 | €155,355 | €163,326 | +€7,971 | +5.1% |
| Equity | 10/15 | €141,691 | €149,816 | +€8,125 | +5.7% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €92,501 | €100,626 | +€8,125 | +8.8% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,793 | €13,793 | = | 0.0% |
| Distributable reserves | 133 | €75,609 | €83,734 | +€8,125 | +10.7% |
| Profit (loss) carried forward | 14 | €18,203 | €18,203 | = | 0.0% |
| Amounts payable | 17/49 | €13,664 | €13,510 | -€154 | -1.1% |
| Amounts payable within one year | 42/48 | €13,664 | €13,510 | -€154 | -1.1% |
| Trade debts | 44 | €5,519 | €2,004 | -€3,515 | -63.7% |
| Suppliers | 440/4 | €5,519 | €2,004 | -€3,515 | -63.7% |
| Taxes, remuneration and social security | 45 | €8,145 | €11,506 | +€3,361 | +41.3% |
| Taxes | 450/3 | €8,145 | €11,506 | +€3,361 | +41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,110 | €6,101 | -€9 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €545 | €318 | -€227 | -41.7% |
| Other operating charges | 640/8 | €2,549 | €2,626 | +€77 | +3.0% |
| Gross operating margin | 9900 | €11,567 | €21,087 | +€9,520 | +82.3% |
| Operating profit (loss) | 9901 | €2,363 | €12,042 | +€9,679 | +410% |
| Financial income | 75/76B | - | €554 | +€554 | |
| Recurring financial income | 75 | - | €554 | +€554 | |
| Financial charges | 65/66B | €139 | €186 | +€47 | +33.8% |
| Recurring financial charges | 65 | €139 | €186 | +€47 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | €2,224 | €12,410 | +€10,186 | +458% |
| Income taxes | 67/77 | €998 | €4,285 | +€3,287 | +329% |
| Profit (loss) for the period | 9904 | €1,226 | €8,125 | +€6,899 | +563% |
| Profit (loss) for the period to be appropriated | 9905 | €1,226 | €8,125 | +€6,899 | +563% |
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 18 October 2026 via checked.be.