Harvest Moon²: 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 Moon²
Largest movements
- Receivables within one year -€45,485
down €45,485 (-40.9%), from €111,338 to €65,853
of which Other amounts receivable: -€45,702
- Cash -€17,897
down €17,897 (-61.4%), from €29,131 to €11,233
mainly Contributions, distributions and other (-€150,000) and Investment in fixed assets (net) (-€6,353)
- Deferred charges and accrued income -€3,607
down €3,607 (-15.4%), from €23,472 to €19,864
- Tangible fixed assets -€2,684
down €2,684 (-3.7%), from €73,397 to €70,713
of which Other tangible fixed assets: -€5,038
- Reserves -€65,907
down €65,907 (-33.9%), from €194,369 to €128,462
- Trade debts -€4,892
down €4,892 (-60.1%), from €8,143 to €3,251
- Gross operating margin +€6,181
up €6,181 (+5.7%), from €108,057 to €114,237
- Taxes +€2,069
up €2,069 (+9.7%), from €21,231 to €23,300
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 | €237,337 | €167,663 | -€69,673 | -29.4% |
| Fixed assets | 21/28 | €73,397 | €70,713 | -€2,684 | -3.7% |
| Tangible fixed assets | 22/27 | €73,397 | €70,713 | -€2,684 | -3.7% |
| Plant, machinery and equipment | 23 | €545 | €1,003 | +€457 | +83.8% |
| Furniture and vehicles | 24 | €304 | €2,201 | +€1,897 | +624% |
| Other tangible fixed assets | 26 | €72,547 | €67,509 | -€5,038 | -6.9% |
| Current assets | 29/58 | €163,940 | €96,951 | -€66,989 | -40.9% |
| Amounts receivable within one year | 40/41 | €111,338 | €65,853 | -€45,485 | -40.9% |
| Trade receivables | 40 | €15,675 | €15,892 | +€217 | +1.4% |
| Other amounts receivable | 41 | €95,663 | €49,961 | -€45,702 | -47.8% |
| Cash at bank and in hand | 54/58 | €29,131 | €11,233 | -€17,897 | -61.4% |
| Deferred charges and accrued income | 490/1 | €23,472 | €19,864 | -€3,607 | -15.4% |
| Total equity and liabilities | 10/49 | €237,337 | €167,663 | -€69,673 | -29.4% |
| Equity | 10/15 | €197,369 | €131,462 | -€65,907 | -33.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €194,369 | €128,462 | -€65,907 | -33.9% |
| Distributable reserves | 133 | €194,369 | €128,462 | -€65,907 | -33.9% |
| Amounts payable | 17/49 | €39,968 | €36,201 | -€3,767 | -9.4% |
| Amounts payable within one year | 42/48 | €39,968 | €36,201 | -€3,767 | -9.4% |
| Trade debts | 44 | €8,143 | €3,251 | -€4,892 | -60.1% |
| Suppliers | 440/4 | €8,143 | €3,251 | -€4,892 | -60.1% |
| Taxes, remuneration and social security | 45 | €31,825 | €32,950 | +€1,125 | +3.5% |
| Taxes | 450/3 | €31,825 | €30,943 | -€883 | -2.8% |
| Remuneration and social security | 454/9 | - | €2,008 | +€2,008 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,301 | €9,037 | +€736 | +8.9% |
| Other operating charges | 640/8 | €667 | €528 | -€140 | -20.9% |
| Gross operating margin | 9900 | €108,057 | €114,237 | +€6,181 | +5.7% |
| Operating profit (loss) | 9901 | €99,088 | €104,673 | +€5,585 | +5.6% |
| Financial income | 75/76B | €3,431 | €3,113 | -€317 | -9.3% |
| Recurring financial income | 75 | €3,431 | €3,113 | -€317 | -9.3% |
| Financial charges | 65/66B | €1,252 | €393 | -€859 | -68.6% |
| Recurring financial charges | 65 | €1,252 | €393 | -€859 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | €101,266 | €107,393 | +€6,127 | +6.1% |
| Income taxes | 67/77 | €21,231 | €23,300 | +€2,069 | +9.7% |
| Profit (loss) for the period | 9904 | €80,035 | €84,093 | +€4,058 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €80,035 | €84,093 | +€4,058 | +5.1% |
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 30 October 2026 via checked.be.