HARRY JAMES: what changed
HARRY JAMES
Largest movements
- Receivables within one year -€42,147
down €42,147 (-94.8%), from €44,442 to €2,295
of which Trade receivables: -€42,300
- Cash +€25,547
up €25,547 (+60.2%), from €42,411 to €67,958
mainly Receivables within one year (+€42,147) and Other debts (+€22,607)
- Tangible fixed assets +€5,480
up €5,480 (+12.7%), from €43,130 to €48,610
of which Other tangible fixed assets: +€15,443
- Trade debts -€34,636
down €34,636 (-95.1%), from €36,426 to €1,790
- Other debts +€22,607
up €22,607 (+98.8%), from €22,871 to €45,478
- Profit (loss) carried forward +€12,142
up €12,142 (+44.5%), from €27,265 to €39,407
- Debts after one year -€7,552
down €7,552 (-30.5%), from €24,767 to €17,215
- Tax, wage and social debts -€3,170
down €3,170 (-42.3%), from €7,492 to €4,322
- Gross operating margin -€13,940
down €13,940 (-30.8%), from €45,201 to €31,261
- Depreciation +€4,724
up €4,724 (+51.8%), from €9,119 to €13,843
- Taxes -€3,318
down €3,318 (-44.3%), from €7,492 to €4,174
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,148 | €118,872 | -€11,276 | -8.7% |
| Fixed assets | 21/28 | €43,130 | €48,610 | +€5,480 | +12.7% |
| Tangible fixed assets | 22/27 | €43,130 | €48,610 | +€5,480 | +12.7% |
| Furniture and vehicles | 24 | €40,938 | €30,975 | -€9,963 | -24.3% |
| Other tangible fixed assets | 26 | €2,192 | €17,635 | +€15,443 | +704% |
| Current assets | 29/58 | €87,018 | €70,261 | -€16,757 | -19.3% |
| Amounts receivable within one year | 40/41 | €44,442 | €2,295 | -€42,147 | -94.8% |
| Trade receivables | 40 | €44,442 | €2,142 | -€42,300 | -95.2% |
| Other amounts receivable | 41 | - | €153 | +€153 | |
| Cash at bank and in hand | 54/58 | €42,411 | €67,958 | +€25,547 | +60.2% |
| Deferred charges and accrued income | 490/1 | €165 | €9 | -€157 | -94.8% |
| Total equity and liabilities | 10/49 | €130,148 | €118,872 | -€11,276 | -8.7% |
| Equity | 10/15 | €30,265 | €42,407 | +€12,142 | +40.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,265 | €39,407 | +€12,142 | +44.5% |
| Amounts payable | 17/49 | €99,883 | €76,464 | -€23,419 | -23.4% |
| Amounts payable after more than one year | 17 | €24,767 | €17,215 | -€7,552 | -30.5% |
| Financial debts | 170/4 | €24,767 | €17,215 | -€7,552 | -30.5% |
| Amounts payable within one year | 42/48 | €74,103 | €59,142 | -€14,961 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €7,314 | €7,552 | +€238 | +3.3% |
| Trade debts | 44 | €36,426 | €1,790 | -€34,636 | -95.1% |
| Suppliers | 440/4 | €36,426 | €1,790 | -€34,636 | -95.1% |
| Taxes, remuneration and social security | 45 | €7,492 | €4,322 | -€3,170 | -42.3% |
| Taxes | 450/3 | €7,492 | €4,322 | -€3,170 | -42.3% |
| Other amounts payable | 47/48 | €22,871 | €45,478 | +€22,607 | +98.8% |
| Accrued charges and deferred income | 492/3 | €1,013 | €108 | -€905 | -89.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,119 | €13,843 | +€4,724 | +51.8% |
| Other operating charges | 640/8 | €146 | €106 | -€40 | -27.3% |
| Gross operating margin | 9900 | €45,201 | €31,261 | -€13,940 | -30.8% |
| Operating profit (loss) | 9901 | €35,936 | €17,312 | -€18,624 | -51.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,180 | €996 | -€183 | -15.5% |
| Recurring financial charges | 65 | €1,180 | €996 | -€183 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €34,757 | €16,316 | -€18,441 | -53.1% |
| Income taxes | 67/77 | €7,492 | €4,174 | -€3,318 | -44.3% |
| Profit (loss) for the period | 9904 | €27,265 | €12,142 | -€15,123 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,265 | €12,142 | -€15,123 | -55.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.