HARRISON MACHINES: 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.
HARRISON MACHINES
Largest movements
- Receivables within one year -€261,194
down €261,194 (-30.9%), from €844,866 to €583,672
of which Trade receivables: -€276,585
- Tangible fixed assets +€213,834
up €213,834 (+37.0%), from €578,308 to €792,142
of which Assets under construction and advance payments: +€196,134
- Stocks and contracts +€141,150
up €141,150 (+51.1%), from €275,960 to €417,110
- Cash -€35,102
down €35,102 (-97.7%), from €35,914 to €812
mainly Investment in fixed assets (net) (-€224,858) and Net result for the year (-€174,702)
- Trade debts +€212,843
up €212,843 (+93.0%), from €228,954 to €441,797
- Profit (loss) carried forward -€174,702
down €174,702 (-279%), from -€62,649 to -€237,352
- Short-term financial debts +€111,388
new in 2024: €111,388
- Tax, wage and social debts -€44,713
down €44,713 (-83.6%), from €53,461 to €8,749
of which Taxes: -€30,995
- Debts after one year -€32,068
down €32,068 (-4.5%), from €708,849 to €676,780
- Gross operating margin -€272,618
down €272,618, from €159,880 to -€112,739
- Staff costs -€81,885
no longer reported in 2024 (was €81,885)
- Taxes -€22,466
down €22,466 (-98.7%), from €22,766 to €300
- Financial charges -€7,011
down €7,011 (-11.9%), from €59,116 to €52,104
- Financial income +€1,823
up €1,823 (+99.2%), from €1,839 to €3,662
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,756,299 | €1,832,109 | +€75,811 | +4.3% |
| Fixed assets | 21/28 | €578,308 | €792,142 | +€213,834 | +37.0% |
| Tangible fixed assets | 22/27 | €578,308 | €792,142 | +€213,834 | +37.0% |
| Land and buildings | 22 | €533,625 | €542,611 | +€8,986 | +1.7% |
| Plant, machinery and equipment | 23 | €25,329 | €19,981 | -€5,349 | -21.1% |
| Furniture and vehicles | 24 | €13,080 | €27,143 | +€14,063 | +108% |
| Assets under construction and advance payments | 27 | €6,274 | €202,407 | +€196,134 | +3,126% |
| Current assets | 29/58 | €1,177,990 | €1,039,967 | -€138,023 | -11.7% |
| Stocks and contracts in progress | 3 | €275,960 | €417,110 | +€141,150 | +51.1% |
| Stocks | 30/36 | €275,960 | €417,110 | +€141,150 | +51.1% |
| Amounts receivable within one year | 40/41 | €844,866 | €583,672 | -€261,194 | -30.9% |
| Trade receivables | 40 | €736,564 | €459,979 | -€276,585 | -37.6% |
| Other amounts receivable | 41 | €108,302 | €123,693 | +€15,391 | +14.2% |
| Cash at bank and in hand | 54/58 | €35,914 | €812 | -€35,102 | -97.7% |
| Deferred charges and accrued income | 490/1 | €21,250 | €38,373 | +€17,123 | +80.6% |
| Total equity and liabilities | 10/49 | €1,756,299 | €1,832,109 | +€75,811 | +4.3% |
| Equity | 10/15 | €713,438 | €538,736 | -€174,702 | -24.5% |
| Contributions | 10/11 | €29,747 | €29,747 | = | 0.0% |
| Reserves | 13 | €746,341 | €746,341 | = | 0.0% |
| Distributable reserves | 133 | €746,341 | €746,341 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,649 | -€237,352 | -€174,702 | -279% |
| Amounts payable | 17/49 | €1,042,860 | €1,293,373 | +€250,513 | +24.0% |
| Amounts payable after more than one year | 17 | €708,849 | €676,780 | -€32,068 | -4.5% |
| Financial debts | 170/4 | €708,849 | €676,780 | -€32,068 | -4.5% |
| Amounts payable within one year | 42/48 | €334,011 | €616,593 | +€282,581 | +84.6% |
| Current portion of amounts payable after more than one year | 42 | €51,596 | €54,659 | +€3,063 | +5.9% |
| Financial debts | 43 | - | €111,388 | +€111,388 | |
| Credit institutions | 430/8 | - | €111,388 | +€111,388 | |
| Trade debts | 44 | €228,954 | €441,797 | +€212,843 | +93.0% |
| Suppliers | 440/4 | €228,954 | €441,797 | +€212,843 | +93.0% |
| Taxes, remuneration and social security | 45 | €53,461 | €8,749 | -€44,713 | -83.6% |
| Taxes | 450/3 | €39,744 | €8,749 | -€30,995 | -78.0% |
| Remuneration and social security | 454/9 | €13,718 | - | -€13,718 | |
| Non-recurring operating income | 76A | €123,222 | - | -€123,222 | |
| Remuneration, social security and pensions | 62 | €81,885 | - | -€81,885 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,053 | €11,024 | +€971 | +9.7% |
| Other operating charges | 640/8 | €3,273 | €2,198 | -€1,076 | -32.9% |
| Non-recurring operating charges | 66A | €47,274 | - | -€47,274 | |
| Gross operating margin | 9900 | €159,880 | -€112,739 | -€272,618 | |
| Operating profit (loss) | 9901 | €17,394 | -€125,960 | -€143,354 | |
| Financial income | 75/76B | €1,839 | €3,662 | +€1,823 | +99.2% |
| Recurring financial income | 75 | €1,839 | €3,662 | +€1,823 | +99.2% |
| Financial charges | 65/66B | €59,116 | €52,104 | -€7,011 | -11.9% |
| Recurring financial charges | 65 | €59,116 | €52,104 | -€7,011 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€39,883 | -€174,403 | -€134,519 | -337% |
| Income taxes | 67/77 | €22,766 | €300 | -€22,466 | -98.7% |
| Profit (loss) for the period | 9904 | -€62,649 | -€174,702 | -€112,053 | -179% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,649 | -€174,702 | -€112,053 | -179% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.