Harvey: 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.
Harvey
Largest movements
- Receivables within one year +€92,404
up €92,404 (+269%), from €34,346 to €126,750
of which Other amounts receivable: +€87,818
- Cash +€28,545
up €28,545 (+678%), from €4,208 to €32,753
mainly Net result for the year (+€128,745) and Tax, wage and social debts (+€44,034)
- Reserves +€128,745
up €128,745 (+118%), from €109,277 to €238,022
- Other debts -€90,515
down €90,515 (-100%), from €90,515 to €0
- Tax, wage and social debts +€44,034
up €44,034 (+153%), from €28,809 to €72,843
- Trade debts +€43,285
up €43,285 (+893%), from €4,850 to €48,135
- Gross operating margin +€55,532
up €55,532 (+48.8%), from €113,719 to €169,251
- Taxes +€16,623
up €16,623 (+70.6%), from €23,535 to €40,158
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 | €238,450 | €364,917 | +€126,467 | +53.0% |
| Fixed assets | 21/28 | €199,000 | €201,546 | +€2,546 | +1.3% |
| Tangible fixed assets | 22/27 | €199,000 | €201,546 | +€2,546 | +1.3% |
| Land and buildings | 22 | €199,000 | €199,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €2,546 | +€2,546 | |
| Current assets | 29/58 | €39,450 | €163,371 | +€123,921 | +314% |
| Amounts receivable within one year | 40/41 | €34,346 | €126,750 | +€92,404 | +269% |
| Trade receivables | 40 | €34,346 | €38,932 | +€4,586 | +13.4% |
| Other amounts receivable | 41 | €0 | €87,818 | +€87,818 | |
| Cash at bank and in hand | 54/58 | €4,208 | €32,753 | +€28,545 | +678% |
| Deferred charges and accrued income | 490/1 | €896 | €3,868 | +€2,972 | +332% |
| Total equity and liabilities | 10/49 | €238,450 | €364,917 | +€126,467 | +53.0% |
| Equity | 10/15 | €114,277 | €243,022 | +€128,745 | +113% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €109,277 | €238,022 | +€128,745 | +118% |
| Distributable reserves | 133 | €109,277 | €238,022 | +€128,745 | +118% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €124,173 | €121,895 | -€2,278 | -1.8% |
| Amounts payable within one year | 42/48 | €124,173 | €120,977 | -€3,196 | -2.6% |
| Trade debts | 44 | €4,850 | €48,135 | +€43,285 | +893% |
| Suppliers | 440/4 | €4,850 | €48,135 | +€43,285 | +893% |
| Taxes, remuneration and social security | 45 | €28,809 | €72,843 | +€44,034 | +153% |
| Taxes | 450/3 | €28,809 | €72,843 | +€44,034 | +153% |
| Other amounts payable | 47/48 | €90,515 | €0 | -€90,515 | -100% |
| Accrued charges and deferred income | 492/3 | - | €918 | +€918 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €8 | +€8 | |
| Other operating charges | 640/8 | €772 | €879 | +€107 | +13.8% |
| Gross operating margin | 9900 | €113,719 | €169,251 | +€55,532 | +48.8% |
| Operating profit (loss) | 9901 | €112,947 | €168,364 | +€55,417 | +49.1% |
| Financial income | 75/76B | €896 | €1,843 | +€947 | +106% |
| Recurring financial income | 75 | €896 | €1,843 | +€947 | +106% |
| Financial charges | 65/66B | €436 | €1,304 | +€867 | +199% |
| Recurring financial charges | 65 | €436 | €1,304 | +€867 | +199% |
| Profit (loss) for the period before taxes | 9903 | €113,407 | €168,903 | +€55,496 | +48.9% |
| Income taxes | 67/77 | €23,535 | €40,158 | +€16,623 | +70.6% |
| Profit (loss) for the period | 9904 | €89,872 | €128,745 | +€38,873 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €89,872 | €128,745 | +€38,873 | +43.3% |
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 15 October 2026 via checked.be.