HARSHIT: what changed
HARSHIT
Largest movements
- Cash +€106,610
up €106,610 (+92.9%), from €114,744 to €221,354
mainly Net result for the year (+€123,551) and Other debts (+€34,371)
- Receivables within one year +€20,945
up €20,945 (+274%), from €7,633 to €28,578
of which Trade receivables: +€16,784
- Tangible fixed assets +€13,715
up €13,715 (+110%), from €12,521 to €26,236
of which Furniture and vehicles: +€13,619
- Reserves +€50,000
up €50,000 (+122%), from €41,000 to €91,000
of which Distributable reserves: +€50,000
- Other debts +€34,371
up €34,371 (+229%), from €15,000 to €49,371
- Tax, wage and social debts +€29,547
up €29,547 (+95.0%), from €31,116 to €60,663
of which Taxes: +€30,022
- Profit (loss) carried forward +€23,551
up €23,551 (+62.5%), from €37,660 to €61,211
- Trade debts +€4,059
up €4,059 (+3,342%), from €121 to €4,181
- Gross operating margin +€59,129
up €59,129 (+29.8%), from €198,654 to €257,784
- Staff costs +€5,750
up €5,750 (+6.3%), from €91,107 to €96,858
- Taxes +€4,686
up €4,686 (+21.6%), from €21,742 to €26,428
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 | €134,898 | €276,426 | +€141,528 | +105% |
| Fixed assets | 21/28 | €12,521 | €26,236 | +€13,715 | +110% |
| Tangible fixed assets | 22/27 | €12,521 | €26,236 | +€13,715 | +110% |
| Land and buildings | 22 | €3,062 | €1,771 | -€1,291 | -42.2% |
| Plant, machinery and equipment | 23 | €8,862 | €10,250 | +€1,388 | +15.7% |
| Furniture and vehicles | 24 | €596 | €14,215 | +€13,619 | +2,284% |
| Current assets | 29/58 | €122,376 | €250,189 | +€127,813 | +104% |
| Amounts receivable within one year | 40/41 | €7,633 | €28,578 | +€20,945 | +274% |
| Trade receivables | 40 | - | €16,784 | +€16,784 | |
| Other amounts receivable | 41 | €7,633 | €11,794 | +€4,161 | +54.5% |
| Cash at bank and in hand | 54/58 | €114,744 | €221,354 | +€106,610 | +92.9% |
| Deferred charges and accrued income | 490/1 | - | €257 | +€257 | |
| Total equity and liabilities | 10/49 | €134,898 | €276,426 | +€141,528 | +105% |
| Equity | 10/15 | €88,660 | €162,211 | +€73,551 | +83.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | - | -€10,000 | |
| Other | 1109/19 | €10,000 | - | -€10,000 | |
| Reserves | 13 | €41,000 | €91,000 | +€50,000 | +122% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €90,000 | +€50,000 | +125% |
| Profit (loss) carried forward | 14 | €37,660 | €61,211 | +€23,551 | +62.5% |
| Amounts payable | 17/49 | €46,237 | €114,215 | +€67,977 | +147% |
| Amounts payable within one year | 42/48 | €46,237 | €114,215 | +€67,977 | +147% |
| Trade debts | 44 | €121 | €4,181 | +€4,059 | +3,342% |
| Suppliers | 440/4 | €121 | €4,181 | +€4,059 | +3,342% |
| Taxes, remuneration and social security | 45 | €31,116 | €60,663 | +€29,547 | +95.0% |
| Taxes | 450/3 | €24,337 | €54,358 | +€30,022 | +123% |
| Remuneration and social security | 454/9 | €6,779 | €6,304 | -€475 | -7.0% |
| Other amounts payable | 47/48 | €15,000 | €49,371 | +€34,371 | +229% |
| Remuneration, social security and pensions | 62 | €91,107 | €96,858 | +€5,750 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,043 | €6,446 | -€1,597 | -19.9% |
| Other operating charges | 640/8 | €3,049 | €808 | -€2,240 | -73.5% |
| Gross operating margin | 9900 | €198,654 | €257,784 | +€59,129 | +29.8% |
| Operating profit (loss) | 9901 | €96,455 | €153,671 | +€57,216 | +59.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,401 | €3,692 | +€1,291 | +53.8% |
| Recurring financial charges | 65 | €2,401 | €3,692 | +€1,291 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €94,054 | €149,979 | +€55,925 | +59.5% |
| Income taxes | 67/77 | €21,742 | €26,428 | +€4,686 | +21.6% |
| Profit (loss) for the period | 9904 | €72,312 | €123,551 | +€51,239 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,312 | €123,551 | +€51,239 | +70.9% |
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 8 November 2026 via checked.be.