Harvestis: 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.
What changed
Harvestis
NACE 01.130, Growing of vegetables, melons, roots and tubers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€151,376
2024 · €330,709-€179,333
Equity
€4.1m
2024 · €4.2m-€123,532
Cash
€532,856
2024 · €2.3m-€1.7m
Balance sheet total
€6.9m
2024 · €7.5m-€647,738
Largest movements
Assets
- Cash -€1.7m
down €1.7m (-76.3%), from €2.3m to €532,856
mainly Current investments (-€1.3m) and Debts after one year (-€368,881)
- Current investments +€1.3m
new in 2025: €1.3m
- Tangible fixed assets -€605,054
down €605,054 (-15.8%), from €3.8m to €3.2m
of which Land and buildings: -€577,215
- Receivables within one year +€296,087
up €296,087 (+59.3%), from €499,332 to €795,419
of which Trade receivables: +€300,313
- Deferred charges and accrued income +€97,787
up €97,787 (+10.1%), from €963,782 to €1.1m
Equity and liabilities
- Debts after one year -€368,881
down €368,881 (-30.3%), from €1.2m to €848,314
of which Financial debts: -€371,881
- Investment grants -€274,908
down €274,908 (-15.9%), from €1.7m to €1.5m
- Reserves +€151,376
up €151,376 (+6.0%), from €2.5m to €2.7m
- Accrued charges and deferred income -€131,114
down €131,114 (-20.5%), from €638,963 to €507,849
Income statement
- Services and other goods +€386,679
up €386,679 (+52.8%), from €732,608 to €1.1m
- Staff costs +€201,230
up €201,230 (+5.2%), from €3.9m to €4.1m
- Depreciation -€149,333
down €149,333 (-13.7%), from €1.1m to €938,207
- Other operating income +€112,219
up €112,219 (+2.7%), from €4.2m to €4.3m
- Taxes -€78,531
down €78,531, from €63,938 to -€14,593
of which Taxes: -€41,866
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.
Result 2024
€330,709
Turnover
+€69,653
Other operating income
+€112,219
Goods and materials
+€2,373
Services and other goods
-€386,679
Staff costs
-€201,230
Depreciation
+€149,333
Write-downs
-€4,132
Other operating charges
-€32,139
Other operating items
+€14,080
Financial income
+€14,356
Financial charges
+€4,302
Taxes
+€78,531
Result 2025
€151,376
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€537,166
Investment
-€1.6m
Financing
-€643,789
Cash 2024
€2.3m
From operations (derived)
+€537,166
Net result for the year
+€151,376
Depreciation
+€938,207
Receivables after one year
-€3,219
Receivables within one year
-€296,087
Deferred charges and accrued income
-€97,787
Debts within one year
-€24,210
Accrued charges and deferred income
-€131,114
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€333,153
Current investments
-€1.3m
Financing
-€643,789
Debts after one year
-€368,881
Contributions, distributions and other
-€274,908
Cash 2025
€532,856
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,536,635 | €6,888,898 | -€647,738 | -8.6% |
| Fixed assets | 21/28 | €3,820,889 | €3,215,835 | -€605,054 | -15.8% |
| Tangible fixed assets | 22/27 | €3,818,789 | €3,213,735 | -€605,054 | -15.8% |
| Land and buildings | 22 | €2,789,723 | €2,212,507 | -€577,215 | -20.7% |
| Plant, machinery and equipment | 23 | €979,565 | €849,065 | -€130,500 | -13.3% |
| Furniture and vehicles | 24 | €49,502 | €152,163 | +€102,661 | +207% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,100 | €2,100 | = | 0.0% |
| Shares | 284 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €3,715,746 | €3,673,063 | -€42,683 | -1.1% |
| Amounts receivable after more than one year | 29 | - | €3,219 | +€3,219 | |
| Trade receivables | 290 | - | €3,219 | +€3,219 | |
| Amounts receivable within one year | 40/41 | €499,332 | €795,419 | +€296,087 | +59.3% |
| Trade receivables | 40 | €462,329 | €762,642 | +€300,313 | +65.0% |
| Other amounts receivable | 41 | €37,003 | €32,777 | -€4,226 | -11.4% |
| Current investments | 50/53 | - | €1,280,000 | +€1.3m | |
| Cash at bank and in hand | 54/58 | €2,252,632 | €532,856 | -€1.7m | -76.3% |
| Deferred charges and accrued income | 490/1 | €963,782 | €1,061,569 | +€97,787 | +10.1% |
| Total equity and liabilities | 10/49 | €7,536,635 | €6,888,898 | -€647,738 | -8.6% |
| Equity | 10/15 | €4,236,978 | €4,113,446 | -€123,532 | -2.9% |
| Revaluation surpluses | 12 | €225 | €225 | = | 0.0% |
| Reserves | 13 | €2,502,887 | €2,654,263 | +€151,376 | +6.0% |
| Investment grants | 15 | €1,733,865 | €1,458,957 | -€274,908 | -15.9% |
| Amounts payable | 17/49 | €3,299,657 | €2,775,452 | -€524,205 | -15.9% |
| Amounts payable after more than one year | 17 | €1,217,195 | €848,314 | -€368,881 | -30.3% |
| Financial debts | 170/4 | €1,217,195 | €845,314 | -€371,881 | -30.6% |
| Credit institutions | 173 | €1,217,195 | €845,314 | -€371,881 | -30.6% |
| Other amounts payable | 178/9 | - | €3,000 | +€3,000 | |
| Amounts payable within one year | 42/48 | €1,443,499 | €1,419,289 | -€24,210 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €369,552 | €371,881 | +€2,329 | +0.6% |
| Trade debts | 44 | €357,084 | €304,973 | -€52,112 | -14.6% |
| Suppliers | 440/4 | €357,084 | €304,973 | -€52,112 | -14.6% |
| Taxes, remuneration and social security | 45 | €545,345 | €573,828 | +€28,483 | +5.2% |
| Taxes | 450/3 | €32,514 | €47,221 | +€14,707 | +45.2% |
| Remuneration and social security | 454/9 | €512,831 | €526,606 | +€13,776 | +2.7% |
| Accrued charges and deferred income | 492/3 | €638,963 | €507,849 | -€131,114 | -20.5% |
| Operating income | 70/76A | €7,063,321 | €7,259,273 | +€195,952 | +2.8% |
| Turnover | 70 | €1,947,306 | €2,016,958 | +€69,653 | +3.6% |
| Membership fees, donations, legacies and grants | 73 | €933,774 | €947,855 | +€14,080 | +1.5% |
| Other operating income | 74 | €4,182,241 | €4,294,460 | +€112,219 | +2.7% |
| Operating charges | 60/66A | €6,654,280 | €7,126,753 | +€472,473 | +7.1% |
| Goods for resale, raw materials and consumables | 60 | €931,484 | €929,111 | -€2,373 | -0.3% |
| Purchases | 600/8 | €931,484 | €929,111 | -€2,373 | -0.3% |
| Services and other goods | 61 | €732,608 | €1,119,287 | +€386,679 | +52.8% |
| Remuneration, social security and pensions | 62 | €3,893,771 | €4,095,001 | +€201,230 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,087,540 | €938,207 | -€149,333 | -13.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,525 | €9,657 | +€4,132 | +74.8% |
| Other operating charges | 640/8 | €3,351 | €35,490 | +€32,139 | +959% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €409,041 | €132,520 | -€276,522 | -67.6% |
| Financial income | 75/76B | €185 | €14,541 | +€14,356 | +7,765% |
| Recurring financial income | 75 | €185 | €14,541 | +€14,356 | +7,765% |
| Income from financial fixed assets | 750 | €185 | €426 | +€241 | +131% |
| Income from current assets | 751 | - | €14,102 | +€14,102 | |
| Other financial income | 752/9 | €0 | €12 | +€12 | +13,611% |
| Financial charges | 65/66B | €14,580 | €10,278 | -€4,302 | -29.5% |
| Recurring financial charges | 65 | €14,580 | €10,278 | -€4,302 | -29.5% |
| Debt charges | 650 | €14,479 | €9,978 | -€4,502 | -31.1% |
| Other financial charges | 652/9 | €101 | €300 | +€200 | +198% |
| Profit (loss) for the period before taxes | 9903 | €394,646 | €136,783 | -€257,864 | -65.3% |
| Income taxes | 67/77 | €63,938 | -€14,593 | -€78,531 | |
| Taxes | 670/3 | €63,938 | €22,072 | -€41,866 | -65.5% |
| Tax adjustments and reversals of tax provisions | 77 | - | €36,665 | +€36,665 | |
| Profit (loss) for the period | 9904 | €330,709 | €151,376 | -€179,333 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €330,709 | €151,376 | -€179,333 | -54.2% |
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.