HARRYBO: 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.
HARRYBO
Largest movements
- Receivables within one year +€46,405
up €46,405 (+113.4%), from €40,923 to €87,328
of which Trade receivables: +€36,395
- Cash +€23,352
up €23,352 (+29.7%), from €78,685 to €102,037
mainly Net result for the year (+€31,179) and Other debts (+€10,735)
- Tangible fixed assets -€9,712
down €9,712 (-19.9%), from €48,752 to €39,040
of which Furniture and vehicles: -€10,362
- Reserves +€31,179
up €31,179 (+34.0%), from €91,655 to €122,834
- Other debts +€10,735
up €10,735 (+27.0%), from €39,800 to €50,535
- Trade debts +€10,158
up €10,158 (+96.5%), from €10,525 to €20,684
- Accrued charges and deferred income +€6,596
up €6,596 (+146.6%), from €4,500 to €11,096
- Gross operating margin -€90,700
down €90,700 (-62.7%), from €144,591 to €53,891
- Taxes -€22,749
down €22,749 (-71.3%), from €31,927 to €9,177
- Depreciation -€9,203
down €9,203 (-46.4%), from €19,815 to €10,612
- Financial charges +€2,128
up €2,128 (+38.9%), from €5,475 to €7,602
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 | €321,245 | €379,445 | +€58,200 | +18.1% |
| Fixed assets | 21/28 | €58,752 | €49,040 | -€9,712 | -16.5% |
| Tangible fixed assets | 22/27 | €48,752 | €39,040 | -€9,712 | -19.9% |
| Land and buildings | 22 | €11,596 | €11,346 | -€250 | -2.2% |
| Furniture and vehicles | 24 | €30,954 | €20,592 | -€10,362 | -33.5% |
| Other tangible fixed assets | 26 | €6,202 | €7,102 | +€900 | +14.5% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €262,493 | €330,405 | +€67,912 | +25.9% |
| Amounts receivable after more than one year | 29 | €130,000 | €130,000 | = | 0.0% |
| Other amounts receivable | 291 | €130,000 | €130,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,923 | €87,328 | +€46,405 | +113.4% |
| Trade receivables | 40 | €37,136 | €73,531 | +€36,395 | +98.0% |
| Other amounts receivable | 41 | €3,787 | €13,797 | +€10,009 | +264.3% |
| Cash at bank and in hand | 54/58 | €78,685 | €102,037 | +€23,352 | +29.7% |
| Deferred charges and accrued income | 490/1 | €12,885 | €11,041 | -€1,845 | -14.3% |
| Total equity and liabilities | 10/49 | €321,245 | €379,445 | +€58,200 | +18.1% |
| Equity | 10/15 | €92,655 | €123,834 | +€31,179 | +33.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €91,655 | €122,834 | +€31,179 | +34.0% |
| Distributable reserves | 133 | €91,655 | €122,834 | +€31,179 | +34.0% |
| Amounts payable | 17/49 | €228,590 | €255,611 | +€27,021 | +11.8% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €74,090 | €94,515 | +€20,425 | +27.6% |
| Trade debts | 44 | €10,525 | €20,684 | +€10,158 | +96.5% |
| Suppliers | 440/4 | €10,525 | €20,684 | +€10,158 | +96.5% |
| Taxes, remuneration and social security | 45 | €23,765 | €23,296 | -€469 | -2.0% |
| Taxes | 450/3 | €23,765 | €23,296 | -€469 | -2.0% |
| Other amounts payable | 47/48 | €39,800 | €50,535 | +€10,735 | +27.0% |
| Accrued charges and deferred income | 492/3 | €4,500 | €11,096 | +€6,596 | +146.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,815 | €10,612 | -€9,203 | -46.4% |
| Other operating charges | 640/8 | €1,010 | €1,080 | +€70 | +7.0% |
| Gross operating margin | 9900 | €144,591 | €53,891 | -€90,700 | -62.7% |
| Operating profit (loss) | 9901 | €123,765 | €42,198 | -€81,567 | -65.9% |
| Financial income | 75/76B | €5,291 | €5,760 | +€469 | +8.9% |
| Recurring financial income | 75 | €5,291 | €5,760 | +€469 | +8.9% |
| Financial charges | 65/66B | €5,475 | €7,602 | +€2,128 | +38.9% |
| Recurring financial charges | 65 | €5,475 | €7,602 | +€2,128 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €123,581 | €40,356 | -€83,225 | -67.3% |
| Income taxes | 67/77 | €31,927 | €9,177 | -€22,749 | -71.3% |
| Profit (loss) for the period | 9904 | €91,655 | €31,179 | -€60,476 | -66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,655 | €31,179 | -€60,476 | -66.0% |
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 6 October 2026 via checked.be.