THE NEW HARMONY: 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.
THE NEW HARMONY
Largest movements
- Receivables within one year +€2,694
up €2,694 (+18.1%), from €14,865 to €17,559
of which Other amounts receivable: +€4,412
- Tangible fixed assets -€988
no longer reported in 2024 (was €988)
of which Furniture and vehicles: -€719
- Financial fixed assets -€363
no longer reported in 2024 (was €363)
- Profit (loss) carried forward -€11,167
down €11,167 (-41.8%), from -€26,691 to -€37,858
- Tax, wage and social debts +€10,940
up €10,940 (+78.9%), from €13,858 to €24,797
- Current portion of long-term debt -€4,275
no longer reported in 2024 (was €4,275)
- Other debts +€4,262
new in 2024: €4,262
- Trade debts +€2,571
up €2,571 (+57.7%), from €4,457 to €7,029
- Financial charges +€8,980
up €8,980 (+917%), from €980 to €9,960
- Gross operating margin -€6,067
down €6,067 (-68.9%), from €8,806 to €2,739
- Staff costs -€788
down €788 (-26.0%), from €3,038 to €2,249
- Financial income -€572
down €572 (-63.8%), from €897 to €325
of which Non-recurring financial income: -€703
- Depreciation -€316
down €316 (-24.2%), from €1,304 to €988
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,300 | €17,643 | +€1,344 | +8.2% |
| Fixed assets | 21/28 | €1,351 | - | -€1,351 | |
| Tangible fixed assets | 22/27 | €988 | - | -€988 | |
| Plant, machinery and equipment | 23 | €269 | - | -€269 | |
| Furniture and vehicles | 24 | €719 | - | -€719 | |
| Financial fixed assets | 28 | €363 | - | -€363 | |
| Current assets | 29/58 | €14,949 | €17,643 | +€2,694 | +18.0% |
| Amounts receivable within one year | 40/41 | €14,865 | €17,559 | +€2,694 | +18.1% |
| Trade receivables | 40 | €1,718 | - | -€1,718 | |
| Other amounts receivable | 41 | €13,148 | €17,559 | +€4,412 | +33.6% |
| Cash at bank and in hand | 54/58 | €84 | €84 | = | 0.0% |
| Total equity and liabilities | 10/49 | €16,300 | €17,643 | +€1,344 | +8.2% |
| Equity | 10/15 | -€8,091 | -€19,258 | -€11,167 | -138% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,691 | -€37,858 | -€11,167 | -41.8% |
| Amounts payable | 17/49 | €24,391 | €36,902 | +€12,511 | +51.3% |
| Amounts payable within one year | 42/48 | €24,391 | €36,902 | +€12,511 | +51.3% |
| Current portion of amounts payable after more than one year | 42 | €4,275 | - | -€4,275 | |
| Financial debts | 43 | €1,801 | €814 | -€987 | -54.8% |
| Credit institutions | 430/8 | €1,801 | €814 | -€987 | -54.8% |
| Trade debts | 44 | €4,457 | €7,029 | +€2,571 | +57.7% |
| Suppliers | 440/4 | €4,457 | €7,029 | +€2,571 | +57.7% |
| Taxes, remuneration and social security | 45 | €13,858 | €24,797 | +€10,940 | +78.9% |
| Taxes | 450/3 | €13,858 | €24,797 | +€10,940 | +78.9% |
| Other amounts payable | 47/48 | - | €4,262 | +€4,262 | |
| Remuneration, social security and pensions | 62 | €3,038 | €2,249 | -€788 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,304 | €988 | -€316 | -24.2% |
| Other operating charges | 640/8 | €879 | €1,035 | +€156 | +17.8% |
| Gross operating margin | 9900 | €8,806 | €2,739 | -€6,067 | -68.9% |
| Operating profit (loss) | 9901 | €3,586 | -€1,533 | -€5,119 | |
| Financial income | 75/76B | €897 | €325 | -€572 | -63.8% |
| Recurring financial income | 75 | €194 | €325 | +€131 | +67.1% |
| Non-recurring financial income | 76B | €703 | - | -€703 | |
| Financial charges | 65/66B | €980 | €9,960 | +€8,980 | +917% |
| Recurring financial charges | 65 | €980 | €9,960 | +€8,980 | +917% |
| Profit (loss) for the period before taxes | 9903 | €3,504 | -€11,167 | -€14,671 | |
| Profit (loss) for the period | 9904 | €3,504 | -€11,167 | -€14,671 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,504 | -€11,167 | -€14,671 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.