HARVEST: 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.
HARVEST
Largest movements
- Receivables within one year -€12,718
down €12,718 (-86.6%), from €14,680 to €1,962
of which Trade receivables: -€14,680
- Cash -€6,813
down €6,813 (-56.9%), from €11,964 to €5,151
mainly Debts after one year (-€10,336) and Tax, wage and social debts (-€8,005)
- Debts after one year -€10,336
down €10,336 (-43.1%), from €23,957 to €13,621
- Tax, wage and social debts -€8,005
down €8,005 (-31.1%), from €25,760 to €17,755
of which Taxes: -€8,005
- Reserves +€4,666
up €4,666 (+1.6%), from €300,257 to €304,923
- Current portion of long-term debt -€4,526
down €4,526 (-30.5%), from €14,862 to €10,336
- Other debts -€4,481
down €4,481 (-30.9%), from €14,494 to €10,013
- Gross operating margin -€40,114
down €40,114 (-71.9%), from €55,783 to €15,669
- Taxes -€13,083
down €13,083 (-72.9%), from €17,947 to €4,864
- Financial charges +€996
up €996 (+21.9%), from €4,556 to €5,551
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 | €400,616 | €380,789 | -€19,827 | -4.9% |
| Fixed assets | 21/28 | €371,746 | €371,535 | -€211 | -0.1% |
| Tangible fixed assets | 22/27 | €351 | €140 | -€211 | -60.2% |
| Plant, machinery and equipment | 23 | €351 | €140 | -€211 | -60.2% |
| Financial fixed assets | 28 | €371,395 | €371,395 | = | 0.0% |
| Current assets | 29/58 | €28,870 | €9,254 | -€19,616 | -67.9% |
| Amounts receivable within one year | 40/41 | €14,680 | €1,962 | -€12,718 | -86.6% |
| Trade receivables | 40 | €14,680 | €0 | -€14,680 | -100% |
| Other amounts receivable | 41 | €0 | €1,962 | +€1,962 | |
| Cash at bank and in hand | 54/58 | €11,964 | €5,151 | -€6,813 | -56.9% |
| Deferred charges and accrued income | 490/1 | €2,226 | €2,141 | -€85 | -3.8% |
| Total equity and liabilities | 10/49 | €400,616 | €380,789 | -€19,827 | -4.9% |
| Equity | 10/15 | €318,857 | €323,523 | +€4,666 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €300,257 | €304,923 | +€4,666 | +1.6% |
| Distributable reserves | 133 | €300,257 | €304,923 | +€4,666 | +1.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,759 | €57,265 | -€24,493 | -30.0% |
| Amounts payable after more than one year | 17 | €23,957 | €13,621 | -€10,336 | -43.1% |
| Financial debts | 170/4 | €23,957 | €13,621 | -€10,336 | -43.1% |
| Amounts payable within one year | 42/48 | €57,802 | €43,644 | -€14,158 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €14,862 | €10,336 | -€4,526 | -30.5% |
| Trade debts | 44 | €2,687 | €5,541 | +€2,854 | +106% |
| Suppliers | 440/4 | €2,687 | €5,541 | +€2,854 | +106% |
| Taxes, remuneration and social security | 45 | €25,760 | €17,755 | -€8,005 | -31.1% |
| Taxes | 450/3 | €25,760 | €17,755 | -€8,005 | -31.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,494 | €10,013 | -€4,481 | -30.9% |
| Non-recurring operating income | 76A | €5,260 | €0 | -€5,260 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211 | €211 | = | 0.0% |
| Other operating charges | 640/8 | €748 | €377 | -€371 | -49.6% |
| Gross operating margin | 9900 | €55,783 | €15,669 | -€40,114 | -71.9% |
| Operating profit (loss) | 9901 | €54,824 | €15,081 | -€39,742 | -72.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,556 | €5,551 | +€996 | +21.9% |
| Recurring financial charges | 65 | €4,556 | €5,551 | +€996 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €50,268 | €9,530 | -€40,738 | -81.0% |
| Income taxes | 67/77 | €17,947 | €4,864 | -€13,083 | -72.9% |
| Profit (loss) for the period | 9904 | €32,322 | €4,666 | -€27,655 | -85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,322 | €4,666 | -€27,655 | -85.6% |
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 18 October 2026 via checked.be.