HARTEMIS: 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.
HARTEMIS
Largest movements
- Tangible fixed assets -€10,149
down €10,149 (-2.4%), from €418,937 to €408,788
of which Land and buildings: -€10,235
- Receivables within one year +€8,649
new in 2025: €8,649
- Debts after one year -€16,678
down €16,678 (-7.0%), from €238,782 to €222,104
- Profit (loss) carried forward +€8,758
up €8,758 (+26.4%), from -€33,132 to -€24,375
- Trade debts +€4,483
up €4,483 (+547.9%), from €818 to €5,301
- Gross operating margin +€4,951
up €4,951 (+17.0%), from €29,192 to €34,143
- Financial charges +€931
up €931 (+14.0%), from €6,650 to €7,581
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 | €436,714 | €435,515 | -€1,200 | -0.3% |
| Fixed assets | 21/28 | €418,937 | €408,788 | -€10,149 | -2.4% |
| Tangible fixed assets | 22/27 | €418,937 | €408,788 | -€10,149 | -2.4% |
| Land and buildings | 22 | €416,666 | €406,430 | -€10,235 | -2.5% |
| Furniture and vehicles | 24 | €2,271 | €2,357 | +€86 | +3.8% |
| Current assets | 29/58 | €17,778 | €26,727 | +€8,949 | +50.3% |
| Amounts receivable within one year | 40/41 | - | €8,649 | +€8,649 | |
| Trade receivables | 40 | - | €8,649 | +€8,649 | |
| Cash at bank and in hand | 54/58 | €17,524 | €17,617 | +€93 | +0.5% |
| Deferred charges and accrued income | 490/1 | €253 | €461 | +€208 | +82.2% |
| Total equity and liabilities | 10/49 | €436,714 | €435,515 | -€1,200 | -0.3% |
| Equity | 10/15 | -€28,132 | -€19,375 | +€8,758 | +31.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,132 | -€24,375 | +€8,758 | +26.4% |
| Amounts payable | 17/49 | €464,847 | €454,889 | -€9,958 | -2.1% |
| Amounts payable after more than one year | 17 | €238,782 | €222,104 | -€16,678 | -7.0% |
| Financial debts | 170/4 | €238,782 | €222,104 | -€16,678 | -7.0% |
| Amounts payable within one year | 42/48 | €226,064 | €229,673 | +€3,609 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €16,278 | €16,678 | +€401 | +2.5% |
| Trade debts | 44 | €818 | €5,301 | +€4,483 | +547.9% |
| Suppliers | 440/4 | €818 | €5,301 | +€4,483 | +547.9% |
| Taxes, remuneration and social security | 45 | €941 | €1,626 | +€685 | +72.8% |
| Taxes | 450/3 | €941 | €1,626 | +€685 | +72.8% |
| Other amounts payable | 47/48 | €208,028 | €206,068 | -€1,960 | -0.9% |
| Accrued charges and deferred income | 492/3 | - | €3,112 | +€3,112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,565 | €14,437 | -€129 | -0.9% |
| Other operating charges | 640/8 | €3,219 | €3,367 | +€148 | +4.6% |
| Gross operating margin | 9900 | €29,192 | €34,143 | +€4,951 | +17.0% |
| Operating profit (loss) | 9901 | €11,408 | €16,339 | +€4,931 | +43.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €6,650 | €7,581 | +€931 | +14.0% |
| Recurring financial charges | 65 | €6,650 | €7,581 | +€931 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €4,758 | €8,758 | +€4,000 | +84.1% |
| Profit (loss) for the period | 9904 | €4,758 | €8,758 | +€4,000 | +84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,758 | €8,758 | +€4,000 | +84.1% |
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 9 October 2026 via checked.be.