HARYMO: what changed
Two fiscal 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
HARYMO
NACE 71.209, Other technical testing and analysis
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€21,049
2024 · €4,316-€25,365
Equity
€735,508
2024 · €756,557-€21,049
Cash
€62,507
2024 · €6,544+€55,963
Balance sheet total
€3.9m
2024 · €3.9m-€32,487
Largest movements
Assets
- Tangible fixed assets -€117,845
down €117,845 (-5.2%), from €2.3m to €2.2m
of which Land and buildings: -€77,815
- Cash +€55,963
up €55,963 (+855.2%), from €6,544 to €62,507
mainly Depreciation (+€126,611) and Other debts (+€59,435)
Equity and liabilities
- Debts after one year -€95,685
down €95,685 (-6.5%), from €1.5m to €1.4m
- Other debts +€59,435
up €59,435 (+4.1%), from €1.4m to €1.5m
Income statement
- Gross operating margin -€27,734
down €27,734 (-16.1%), from €172,756 to €145,022
- Financial charges -€5,259
down €5,259 (-7.8%), from €67,471 to €62,212
- Depreciation +€4,901
up €4,901 (+4.0%), from €121,710 to €126,611
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
€4,316
Gross operating margin
-€27,734
Depreciation
-€4,901
Other operating charges
+€813
Financial income
+€591
Financial charges
+€5,259
Taxes
+€607
Result 2025
-€21,049
Cash bridge derived
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
+€157,147
Investment
-€8,766
Financing
-€92,418
Cash 2024
€6,544
From operations (derived)
+€157,147
Net result for the year
-€21,049
Depreciation
+€126,611
Receivables within one year
-€34,819
Deferred charges and accrued income
+€5,425
Provisions
-€3,251
Trade debts
+€12,914
Tax, wage and social debts
+€515
Advances received
+€12,100
Other debts
+€59,435
Accrued charges and deferred income
-€734
Investment (derived)
-€8,766
Investment in fixed assets (net)
-€8,766
Financing
-€92,418
Debts after one year
-€95,685
Current portion of long-term debt
+€3,267
Cash 2025
€62,507
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,922,645 | €3,890,158 | -€32,487 | -0.8% |
| Fixed assets | 21/28 | €2,358,604 | €2,240,760 | -€117,845 | -5.0% |
| Tangible fixed assets | 22/27 | €2,269,104 | €2,151,260 | -€117,845 | -5.2% |
| Land and buildings | 22 | €2,147,544 | €2,069,729 | -€77,815 | -3.6% |
| Plant, machinery and equipment | 23 | €937 | €683 | -€254 | -27.1% |
| Furniture and vehicles | 24 | €733 | €506 | -€227 | -31.0% |
| Other tangible fixed assets | 26 | €119,891 | €80,342 | -€39,549 | -33.0% |
| Financial fixed assets | 28 | €89,500 | €89,500 | = | 0.0% |
| Current assets | 29/58 | €1,564,041 | €1,649,398 | +€85,357 | +5.5% |
| Amounts receivable within one year | 40/41 | €1,548,985 | €1,583,804 | +€34,819 | +2.2% |
| Trade receivables | 40 | €15,803 | €20,190 | +€4,387 | +27.8% |
| Other amounts receivable | 41 | €1,533,182 | €1,563,615 | +€30,432 | +2.0% |
| Cash at bank and in hand | 54/58 | €6,544 | €62,507 | +€55,963 | +855.2% |
| Deferred charges and accrued income | 490/1 | €8,511 | €3,087 | -€5,425 | -63.7% |
| Total equity and liabilities | 10/49 | €3,922,645 | €3,890,158 | -€32,487 | -0.8% |
| Equity | 10/15 | €756,557 | €735,508 | -€21,049 | -2.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €303,254 | €290,251 | -€13,003 | -4.3% |
| Non-distributable reserves | 130/1 | €4,200 | €4,200 | = | 0.0% |
| Legal reserve | 130 | €4,200 | €4,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €299,054 | €286,051 | -€13,003 | -4.3% |
| Profit (loss) carried forward | 14 | -€46,697 | -€54,742 | -€8,045 | -17.2% |
| Provisions and deferred taxes | 16 | €74,764 | €71,513 | -€3,251 | -4.3% |
| Deferred taxes | 168 | €74,764 | €71,513 | -€3,251 | -4.3% |
| Amounts payable | 17/49 | €3,091,324 | €3,083,137 | -€8,188 | -0.3% |
| Amounts payable after more than one year | 17 | €1,482,701 | €1,387,016 | -€95,685 | -6.5% |
| Financial debts | 170/4 | €1,482,701 | €1,387,016 | -€95,685 | -6.5% |
| Amounts payable within one year | 42/48 | €1,607,890 | €1,696,121 | +€88,231 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €92,418 | €95,685 | +€3,267 | +3.5% |
| Trade debts | 44 | €76,038 | €88,952 | +€12,914 | +17.0% |
| Suppliers | 440/4 | €76,038 | €88,952 | +€12,914 | +17.0% |
| Advances received on contracts in progress | 46 | - | €12,100 | +€12,100 | |
| Taxes, remuneration and social security | 45 | €5,902 | €6,417 | +€515 | +8.7% |
| Taxes | 450/3 | €5,902 | €6,417 | +€515 | +8.7% |
| Other amounts payable | 47/48 | €1,433,532 | €1,492,967 | +€59,435 | +4.1% |
| Accrued charges and deferred income | 492/3 | €734 | - | -€734 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,710 | €126,611 | +€4,901 | +4.0% |
| Other operating charges | 640/8 | €11,382 | €10,569 | -€813 | -7.1% |
| Gross operating margin | 9900 | €172,756 | €145,022 | -€27,734 | -16.1% |
| Operating profit (loss) | 9901 | €39,665 | €7,842 | -€31,823 | -80.2% |
| Financial income | 75/76B | €29,841 | €30,432 | +€591 | +2.0% |
| Recurring financial income | 75 | €29,841 | €30,432 | +€591 | +2.0% |
| Financial charges | 65/66B | €67,471 | €62,212 | -€5,259 | -7.8% |
| Recurring financial charges | 65 | €67,471 | €62,212 | -€5,259 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €2,034 | -€23,938 | -€25,972 | |
| Transfer from deferred taxes | 780 | €3,251 | €3,251 | = | 0.0% |
| Income taxes | 67/77 | €969 | €361 | -€607 | -62.7% |
| Profit (loss) for the period | 9904 | €4,316 | -€21,049 | -€25,365 | |
| Transfer from tax-exempt reserves | 789 | €13,003 | €13,003 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,320 | -€8,045 | -€25,365 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.