IMMO HARO: 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.
IMMO HARO
Largest movements
- Tangible fixed assets -€34,313
down €34,313 (-5.3%), from €642,945 to €608,632
of which Furniture and vehicles: -€18,920
- Debts after one year -€57,652
down €57,652 (-18.9%), from €304,625 to €246,973
- Other debts +€16,114
up €16,114 (+15.3%), from €105,496 to €121,610
- Tax, wage and social debts +€7,380
up €7,380 (+620%), from €1,190 to €8,570
- Gross operating margin +€98,484
up €98,484 (+98.3%), from €100,162 to €198,646
- Taxes +€37,525
up €37,525 (+798%), from €4,700 to €42,225
- Other operating charges -€11,616
down €11,616 (-78.4%), from €14,822 to €3,206
- Financial charges -€8,894
down €8,894 (-36.2%), from €24,540 to €15,645
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 | €670,315 | €634,531 | -€35,784 | -5.3% |
| Fixed assets | 21/28 | €642,945 | €608,632 | -€34,313 | -5.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €642,945 | €608,632 | -€34,313 | -5.3% |
| Land and buildings | 22 | €567,263 | €551,871 | -€15,392 | -2.7% |
| Furniture and vehicles | 24 | €75,682 | €56,761 | -€18,920 | -25.0% |
| Current assets | 29/58 | €27,370 | €25,898 | -€1,471 | -5.4% |
| Amounts receivable within one year | 40/41 | €10,300 | €15,689 | +€5,389 | +52.3% |
| Trade receivables | 40 | - | €7,013 | +€7,013 | |
| Other amounts receivable | 41 | €10,300 | €8,676 | -€1,624 | -15.8% |
| Current investments | 50/53 | €9 | €9 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,756 | €3,267 | -€6,489 | -66.5% |
| Deferred charges and accrued income | 490/1 | €7,305 | €6,933 | -€372 | -5.1% |
| Total equity and liabilities | 10/49 | €670,315 | €634,531 | -€35,784 | -5.3% |
| Equity | 10/15 | €194,555 | €194,312 | -€242 | -0.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €169,500 | €169,250 | -€250 | -0.1% |
| Distributable reserves | 133 | €169,500 | €169,250 | -€250 | -0.1% |
| Profit (loss) carried forward | 14 | €55 | €62 | +€8 | +13.8% |
| Amounts payable | 17/49 | €475,760 | €440,218 | -€35,542 | -7.5% |
| Amounts payable after more than one year | 17 | €304,625 | €246,973 | -€57,652 | -18.9% |
| Financial debts | 170/4 | €304,625 | €246,973 | -€57,652 | -18.9% |
| Amounts payable within one year | 42/48 | €168,358 | €190,515 | +€22,157 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €57,007 | €57,652 | +€645 | +1.1% |
| Trade debts | 44 | €4,665 | €2,683 | -€1,982 | -42.5% |
| Suppliers | 440/4 | €4,665 | €2,683 | -€1,982 | -42.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,190 | €8,570 | +€7,380 | +620% |
| Taxes | 450/3 | €1,190 | €8,570 | +€7,380 | +620% |
| Other amounts payable | 47/48 | €105,496 | €121,610 | +€16,114 | +15.3% |
| Accrued charges and deferred income | 492/3 | €2,777 | €2,730 | -€47 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,264 | €34,313 | +€49 | +0.1% |
| Other operating charges | 640/8 | €14,822 | €3,206 | -€11,616 | -78.4% |
| Gross operating margin | 9900 | €100,162 | €198,646 | +€98,484 | +98.3% |
| Operating profit (loss) | 9901 | €51,076 | €161,128 | +€110,052 | +215% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €24,540 | €15,645 | -€8,894 | -36.2% |
| Recurring financial charges | 65 | €24,540 | €15,645 | -€8,894 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €26,537 | €145,483 | +€118,946 | +448% |
| Income taxes | 67/77 | €4,700 | €42,225 | +€37,525 | +798% |
| Profit (loss) for the period | 9904 | €21,837 | €103,258 | +€81,421 | +373% |
| Profit (loss) for the period to be appropriated | 9905 | €21,837 | €103,258 | +€81,421 | +373% |
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 18 October 2026 via checked.be.