HARRY & JERRY: 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.
HARRY & JERRY
Largest movements
- Tangible fixed assets -€4,925
down €4,925 (-25.2%), from €19,530 to €14,605
of which Plant, machinery and equipment: -€4,353
- Receivables within one year -€3,012
down €3,012 (-20.8%), from €14,469 to €11,456
of which Trade receivables: -€2,639
- Financial fixed assets +€2,158
new in 2025: €2,158
- Cash +€1,371
up €1,371 (+11.1%), from €12,322 to €13,693
mainly Trade debts (+€12,458) and Depreciation (+€4,925)
- Stocks and contracts +€900
up €900 (+200%), from €450 to €1,350
- Profit (loss) carried forward -€12,971
down €12,971 (-239%), from -€5,428 to -€18,400
- Trade debts +€12,458
up €12,458 (+680%), from €1,832 to €14,290
- Tax, wage and social debts -€2,284
down €2,284 (-12.9%), from €17,660 to €15,376
of which Taxes: -€3,905
- Other debts -€596
down €596 (-10.1%), from €5,887 to €5,291
- Staff costs +€37,978
up €37,978 (+199%), from €19,060 to €57,038
- Gross operating margin +€33,927
up €33,927 (+154%), from €21,995 to €55,922
- Financial charges +€1,447
up €1,447 (+59.0%), from €2,452 to €3,899
- Depreciation +€956
up €956 (+24.1%), from €3,969 to €4,925
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 | €47,204 | €44,134 | -€3,070 | -6.5% |
| Fixed assets | 21/28 | €19,530 | €16,763 | -€2,767 | -14.2% |
| Tangible fixed assets | 22/27 | €19,530 | €14,605 | -€4,925 | -25.2% |
| Plant, machinery and equipment | 23 | €18,312 | €13,960 | -€4,353 | -23.8% |
| Other tangible fixed assets | 26 | €1,218 | €646 | -€572 | -47.0% |
| Financial fixed assets | 28 | - | €2,158 | +€2,158 | |
| Current assets | 29/58 | €27,674 | €27,371 | -€303 | -1.1% |
| Stocks and contracts in progress | 3 | €450 | €1,350 | +€900 | +200% |
| Stocks | 30/36 | €450 | €1,350 | +€900 | +200% |
| Amounts receivable within one year | 40/41 | €14,469 | €11,456 | -€3,012 | -20.8% |
| Trade receivables | 40 | €3,478 | €839 | -€2,639 | -75.9% |
| Other amounts receivable | 41 | €10,991 | €10,617 | -€374 | -3.4% |
| Cash at bank and in hand | 54/58 | €12,322 | €13,693 | +€1,371 | +11.1% |
| Deferred charges and accrued income | 490/1 | €433 | €871 | +€439 | +101% |
| Total equity and liabilities | 10/49 | €47,204 | €44,134 | -€3,070 | -6.5% |
| Equity | 10/15 | €17,272 | €4,300 | -€12,971 | -75.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,500 | €16,500 | = | 0.0% |
| Distributable reserves | 133 | €16,500 | €16,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,428 | -€18,400 | -€12,971 | -239% |
| Amounts payable | 17/49 | €29,932 | €39,834 | +€9,902 | +33.1% |
| Amounts payable within one year | 42/48 | €27,915 | €37,484 | +€9,569 | +34.3% |
| Financial debts | 43 | €2,536 | €2,527 | -€9 | -0.4% |
| Credit institutions | 430/8 | €2,536 | €2,527 | -€9 | -0.4% |
| Trade debts | 44 | €1,832 | €14,290 | +€12,458 | +680% |
| Suppliers | 440/4 | €1,832 | €14,290 | +€12,458 | +680% |
| Taxes, remuneration and social security | 45 | €17,660 | €15,376 | -€2,284 | -12.9% |
| Taxes | 450/3 | €8,631 | €4,727 | -€3,905 | -45.2% |
| Remuneration and social security | 454/9 | €9,029 | €10,649 | +€1,620 | +17.9% |
| Other amounts payable | 47/48 | €5,887 | €5,291 | -€596 | -10.1% |
| Accrued charges and deferred income | 492/3 | €2,018 | €2,350 | +€333 | +16.5% |
| Remuneration, social security and pensions | 62 | €19,060 | €57,038 | +€37,978 | +199% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,969 | €4,925 | +€956 | +24.1% |
| Other operating charges | 640/8 | €1,963 | €1,527 | -€436 | -22.2% |
| Non-recurring operating charges | 66A | - | €1,520 | +€1,520 | |
| Gross operating margin | 9900 | €21,995 | €55,922 | +€33,927 | +154% |
| Operating profit (loss) | 9901 | -€2,996 | -€9,087 | -€6,091 | -203% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €2,452 | €3,899 | +€1,447 | +59.0% |
| Recurring financial charges | 65 | €2,452 | €3,899 | +€1,447 | +59.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,448 | -€12,971 | -€7,523 | -138% |
| Profit (loss) for the period | 9904 | -€5,448 | -€12,971 | -€7,523 | -138% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,448 | -€12,971 | -€7,523 | -138% |
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 15 October 2026 via checked.be.