Harukey: 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.
Harukey
Largest movements
- Intangible fixed assets +€127,187
up €127,187 (+30.3%), from €419,748 to €546,935
- Cash -€123,728
down €123,728 (-35.3%), from €350,109 to €226,381
mainly Investment in fixed assets (net) (-€262,926) and Accrued charges and deferred income (-€222,300)
- Receivables within one year +€25,074
up €25,074 (+12.0%), from €209,716 to €234,790
of which Other amounts receivable: +€13,465
- Profit (loss) carried forward +€310,753
up €310,753 (+72.6%), from €428,136 to €738,889
- Accrued charges and deferred income -€222,300
down €222,300 (-57.9%), from €384,000 to €161,700
- Tax, wage and social debts -€58,690
down €58,690 (-65.2%), from €89,993 to €31,302
- Gross operating margin +€164,142
up €164,142 (+39.9%), from €411,607 to €575,750
- Taxes +€69,004
up €69,004 (+93.7%), from €73,618 to €142,622
- Depreciation +€52,667
up €52,667 (+63.4%), from €83,071 to €135,739
- Write-downs -€33,660
down €33,660, from €20,113 to -€13,547
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 | €987,343 | €1,011,537 | +€24,194 | +2.5% |
| Fixed assets | 21/28 | €419,748 | €546,935 | +€127,187 | +30.3% |
| Intangible fixed assets | 21 | €419,748 | €546,935 | +€127,187 | +30.3% |
| Current assets | 29/58 | €567,595 | €464,602 | -€102,993 | -18.1% |
| Amounts receivable within one year | 40/41 | €209,716 | €234,790 | +€25,074 | +12.0% |
| Trade receivables | 40 | €209,716 | €221,325 | +€11,609 | +5.5% |
| Other amounts receivable | 41 | - | €13,465 | +€13,465 | |
| Cash at bank and in hand | 54/58 | €350,109 | €226,381 | -€123,728 | -35.3% |
| Deferred charges and accrued income | 490/1 | €7,770 | €3,431 | -€4,339 | -55.8% |
| Total equity and liabilities | 10/49 | €987,343 | €1,011,537 | +€24,194 | +2.5% |
| Equity | 10/15 | €448,136 | €758,889 | +€310,753 | +69.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €428,136 | €738,889 | +€310,753 | +72.6% |
| Amounts payable | 17/49 | €539,207 | €252,649 | -€286,559 | -53.1% |
| Amounts payable within one year | 42/48 | €155,207 | €90,948 | -€64,259 | -41.4% |
| Trade debts | 44 | €65,214 | €59,646 | -€5,568 | -8.5% |
| Suppliers | 440/4 | €65,214 | €59,646 | -€5,568 | -8.5% |
| Taxes, remuneration and social security | 45 | €89,993 | €31,302 | -€58,690 | -65.2% |
| Taxes | 450/3 | €89,993 | €31,302 | -€58,690 | -65.2% |
| Accrued charges and deferred income | 492/3 | €384,000 | €161,700 | -€222,300 | -57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,071 | €135,739 | +€52,667 | +63.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,113 | -€13,547 | -€33,660 | |
| Other operating charges | 640/8 | €477 | €400 | -€78 | -16.3% |
| Gross operating margin | 9900 | €411,607 | €575,750 | +€164,142 | +39.9% |
| Operating profit (loss) | 9901 | €307,946 | €453,158 | +€145,212 | +47.2% |
| Financial income | 75/76B | €0 | €360 | +€360 | +1200266.7% |
| Recurring financial income | 75 | €0 | €360 | +€360 | +1200266.7% |
| Financial charges | 65/66B | €257 | €144 | -€113 | -44.0% |
| Recurring financial charges | 65 | €257 | €144 | -€113 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €307,689 | €453,375 | +€145,685 | +47.3% |
| Income taxes | 67/77 | €73,618 | €142,622 | +€69,004 | +93.7% |
| Profit (loss) for the period | 9904 | €234,071 | €310,753 | +€76,682 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €234,071 | €310,753 | +€76,682 | +32.8% |
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 11 October 2026 via checked.be.