HARVESTER MANAGEMENT: what changed
What changed
HARVESTER MANAGEMENT
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€64,404
2024 · €73,755-€9,351
Equity
€138,655
2024 · €74,251+€64,404
Cash
€59,683
2024 · €179,317-€119,634
Balance sheet total
€252,895
2024 · €311,837-€58,941
Largest movements
Assets
- Cash -€119,634
down €119,634 (-66.7%), from €179,317 to €59,683
mainly Other debts (-€75,664) and Receivables within one year (-€61,303)
- Receivables within one year +€61,303
up €61,303 (+860%), from €7,129 to €68,432
of which Trade receivables: +€56,788
Equity and liabilities
- Other debts -€75,664
no longer reported in 2025 (was €75,664)
- Reserves +€64,404
up €64,404 (+94.6%), from €68,051 to €132,455
of which Distributable reserves: +€64,404
- Trade debts -€49,725
down €49,725 (-76.8%), from €64,764 to €15,039
- Tax, wage and social debts +€11,007
up €11,007 (+46.6%), from €23,632 to €34,639
of which Taxes: +€10,695
- Debts after one year -€9,002
down €9,002 (-14.1%), from €63,919 to €54,917
Income statement
- Taxes +€6,191
up €6,191 (+28.5%), from €21,717 to €27,908
- Gross operating margin -€2,807
down €2,807 (-1.7%), from €163,001 to €160,195
- Staff costs +€2,187
up €2,187 (+4.8%), from €45,671 to €47,859
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€73,755
Gross operating margin
-€2,807
Staff costs
-€2,187
Depreciation
-€689
Other operating charges
-€141
Other operating items
+€1,256
Financial income
+€216
Financial charges
+€1,192
Taxes
-€6,191
Result 2025
€64,404
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€100,532
Investment
-€10,485
Financing
-€8,617
Cash 2024
€179,317
From operations (derived)
-€100,532
Net result for the year
+€64,404
Depreciation
+€14,944
Stocks and contracts
-€1,846
Receivables within one year
-€61,303
Deferred charges and accrued income
-€2,002
Trade debts
-€49,725
Tax, wage and social debts
+€11,007
Other debts
-€75,664
Accrued charges and deferred income
-€348
Investment (derived)
-€10,485
Investment in fixed assets (net)
-€10,484
Current investments
-€1
Financing
-€8,617
Debts after one year
-€9,002
Current portion of long-term debt
+€385
Cash 2025
€59,683
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €311,837 | €252,895 | -€58,941 | -18.9% |
| Fixed assets | 21/28 | €119,963 | €115,504 | -€4,459 | -3.7% |
| Intangible fixed assets | 21 | €2,988 | €1,592 | -€1,396 | -46.7% |
| Tangible fixed assets | 22/27 | €116,975 | €113,912 | -€3,064 | -2.6% |
| Land and buildings | 22 | €50,564 | €48,377 | -€2,187 | -4.3% |
| Plant, machinery and equipment | 23 | €55,213 | €50,844 | -€4,368 | -7.9% |
| Furniture and vehicles | 24 | €11,199 | €14,691 | +€3,492 | +31.2% |
| Current assets | 29/58 | €191,873 | €137,391 | -€54,482 | -28.4% |
| Stocks and contracts in progress | 3 | €4,157 | €6,003 | +€1,846 | +44.4% |
| Stocks | 30/36 | €4,157 | €6,003 | +€1,846 | +44.4% |
| Amounts receivable within one year | 40/41 | €7,129 | €68,432 | +€61,303 | +860% |
| Trade receivables | 40 | €742 | €57,530 | +€56,788 | +7,654% |
| Other amounts receivable | 41 | €6,387 | €10,902 | +€4,515 | +70.7% |
| Current investments | 50/53 | €293 | €294 | +€1 | +0.2% |
| Cash at bank and in hand | 54/58 | €179,317 | €59,683 | -€119,634 | -66.7% |
| Deferred charges and accrued income | 490/1 | €978 | €2,980 | +€2,002 | +205% |
| Total equity and liabilities | 10/49 | €311,837 | €252,895 | -€58,941 | -18.9% |
| Equity | 10/15 | €74,251 | €138,655 | +€64,404 | +86.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €68,051 | €132,455 | +€64,404 | +94.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €66,191 | €130,595 | +€64,404 | +97.3% |
| Amounts payable | 17/49 | €237,586 | €114,240 | -€123,345 | -51.9% |
| Amounts payable after more than one year | 17 | €63,919 | €54,917 | -€9,002 | -14.1% |
| Financial debts | 170/4 | €63,919 | €54,917 | -€9,002 | -14.1% |
| Amounts payable within one year | 42/48 | €173,319 | €59,323 | -€113,996 | -65.8% |
| Current portion of amounts payable after more than one year | 42 | €9,260 | €9,645 | +€385 | +4.2% |
| Trade debts | 44 | €64,764 | €15,039 | -€49,725 | -76.8% |
| Suppliers | 440/4 | €64,764 | €15,039 | -€49,725 | -76.8% |
| Taxes, remuneration and social security | 45 | €23,632 | €34,639 | +€11,007 | +46.6% |
| Taxes | 450/3 | €17,192 | €27,887 | +€10,695 | +62.2% |
| Remuneration and social security | 454/9 | €6,440 | €6,752 | +€312 | +4.8% |
| Other amounts payable | 47/48 | €75,664 | - | -€75,664 | |
| Accrued charges and deferred income | 492/3 | €348 | - | -€348 | |
| Remuneration, social security and pensions | 62 | €45,671 | €47,859 | +€2,187 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,255 | €14,944 | +€689 | +4.8% |
| Other operating charges | 640/8 | €855 | €996 | +€141 | +16.5% |
| Non-recurring operating charges | 66A | €1,256 | - | -€1,256 | |
| Gross operating margin | 9900 | €163,001 | €160,195 | -€2,807 | -1.7% |
| Operating profit (loss) | 9901 | €100,964 | €96,396 | -€4,568 | -4.5% |
| Financial income | 75/76B | €263 | €479 | +€216 | +82.0% |
| Recurring financial income | 75 | €263 | €479 | +€216 | +82.0% |
| Financial charges | 65/66B | €5,755 | €4,563 | -€1,192 | -20.7% |
| Recurring financial charges | 65 | €5,755 | €4,563 | -€1,192 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €95,472 | €92,312 | -€3,160 | -3.3% |
| Income taxes | 67/77 | €21,717 | €27,908 | +€6,191 | +28.5% |
| Profit (loss) for the period | 9904 | €73,755 | €64,404 | -€9,351 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,755 | €64,404 | -€9,351 | -12.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.