Harten: 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.
Harten
Largest movements
- Tangible fixed assets -€60,953
down €60,953 (-3.4%), from €1.8m to €1.7m
of which Land and buildings: -€56,609
- Receivables within one year +€30,173
up €30,173 (+147%), from €20,534 to €50,708
of which Trade receivables: +€26,039
- Revaluation surpluses -€61,328
down €61,328 (-5.0%), from €1.2m to €1.2m
- Reserves +€61,328
up €61,328 (+10.0%), from €613,283 to €674,611
- Gross operating margin +€77,249
up €77,249 (+199%), from €38,887 to €116,137
- Taxes -€6,715
down €6,715 (-47.5%), from €14,147 to €7,433
- Depreciation +€3,093
up €3,093 (+2.8%), from €108,791 to €111,884
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 | €1,804,840 | €1,778,331 | -€26,509 | -1.5% |
| Fixed assets | 21/28 | €1,780,173 | €1,719,220 | -€60,953 | -3.4% |
| Tangible fixed assets | 22/27 | €1,780,173 | €1,719,220 | -€60,953 | -3.4% |
| Land and buildings | 22 | €1,763,744 | €1,707,134 | -€56,609 | -3.2% |
| Plant, machinery and equipment | 23 | €15,430 | €10,386 | -€5,044 | -32.7% |
| Furniture and vehicles | 24 | €1,000 | €357 | -€642 | -64.3% |
| Leasing and similar rights | 25 | - | €1,343 | +€1,343 | |
| Current assets | 29/58 | €24,667 | €59,111 | +€34,444 | +140% |
| Amounts receivable within one year | 40/41 | €20,534 | €50,708 | +€30,173 | +147% |
| Trade receivables | 40 | €7,768 | €33,807 | +€26,039 | +335% |
| Other amounts receivable | 41 | €12,766 | €16,901 | +€4,135 | +32.4% |
| Cash at bank and in hand | 54/58 | €1,944 | €7,047 | +€5,103 | +263% |
| Deferred charges and accrued income | 490/1 | €2,189 | €1,357 | -€832 | -38.0% |
| Total equity and liabilities | 10/49 | €1,804,840 | €1,778,331 | -€26,509 | -1.5% |
| Equity | 10/15 | €350,755 | €343,381 | -€7,374 | -2.1% |
| Contributions | 10/11 | €782,500 | €782,500 | = | 0.0% |
| Capital | 10 | €782,500 | €782,500 | = | 0.0% |
| Issued capital | 100 | €782,500 | €782,500 | = | 0.0% |
| Revaluation surpluses | 12 | €1,228,407 | €1,167,078 | -€61,328 | -5.0% |
| Reserves | 13 | €613,283 | €674,611 | +€61,328 | +10.0% |
| Distributable reserves | 133 | €613,283 | €674,611 | +€61,328 | +10.0% |
| Profit (loss) carried forward | 14 | -€2,273,434 | -€2,280,808 | -€7,374 | -0.3% |
| Amounts payable | 17/49 | €1,454,085 | €1,434,949 | -€19,135 | -1.3% |
| Amounts payable after more than one year | 17 | €1,300,000 | €1,300,000 | = | 0.0% |
| Financial debts | 170/4 | €1,300,000 | €1,300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €152,085 | €134,949 | -€17,135 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €20,561 | €5,520 | -€15,041 | -73.2% |
| Suppliers | 440/4 | €20,561 | €5,520 | -€15,041 | -73.2% |
| Other amounts payable | 47/48 | €131,524 | €129,429 | -€2,094 | -1.6% |
| Accrued charges and deferred income | 492/3 | €2,000 | €0 | -€2,000 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,791 | €111,884 | +€3,093 | +2.8% |
| Other operating charges | 640/8 | €3,709 | €3,531 | -€178 | -4.8% |
| Gross operating margin | 9900 | €38,887 | €116,137 | +€77,249 | +199% |
| Operating profit (loss) | 9901 | -€73,613 | €721 | +€74,334 | |
| Financial charges | 65/66B | €732 | €663 | -€69 | -9.4% |
| Recurring financial charges | 65 | €732 | €663 | -€69 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€74,345 | €58 | +€74,403 | |
| Income taxes | 67/77 | €14,147 | €7,433 | -€6,715 | -47.5% |
| Profit (loss) for the period | 9904 | -€88,492 | -€7,374 | +€81,118 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€88,492 | -€7,374 | +€81,118 | +91.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.