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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

HAROBEL

BE 0750.831.765
NACE 43.211, General electrical installation work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€9,933
2023 · €3,791+€6,142
Equity
€29,497
2023 · €19,564+€9,933
Cash
€1,831
2023 · €2,527-€696
Balance sheet total
€69,519
2023 · €92,105-€22,585

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€30,406

    down €30,406 (-34.7%), from €87,523 to €57,118

    of which Other amounts receivable: -€25,865

  • Tangible fixed assets +€7,872

    up €7,872 (+403.5%), from €1,951 to €9,823

Equity and liabilities
  • Trade debts -€36,921

    down €36,921 (-57.8%), from €63,843 to €26,922

  • Profit (loss) carried forward +€9,933

    up €9,933 (+56.6%), from €17,564 to €27,497

  • Tax, wage and social debts +€4,403

    up €4,403 (+50.6%), from €8,698 to €13,101

    of which Taxes: +€3,194

Income statement
  • Staff costs -€42,984

    no longer reported in 2024 (was €42,984)

  • Gross operating margin -€34,148

    down €34,148 (-64.3%), from €53,080 to €18,932

  • Depreciation +€2,061

    up €2,061 (+203.1%), from €1,015 to €3,075

  • Taxes +€1,551

    up €1,551 (+58.6%), from €2,644 to €4,194

  • Other operating charges -€1,113

    down €1,113 (-48.9%), from €2,275 to €1,162

From the 2023 result to the 2024 result

effect on the 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 2023 €3,791
Gross operating margin -€34,148
Staff costs +€42,984
Depreciation -€2,061
Other operating charges +€1,113
Financial income -€26
Financial charges -€169
Taxes -€1,551
Result 2024 €9,933

Cash bridge derived

cash 2023 to 2024

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.

From operations +€10,252
Investment -€10,948
Financing €0
Cash 2023 €2,527
Net result for the year +€9,933
Depreciation +€3,075
Receivables within one year +€30,406
Deferred charges and accrued income -€644
Trade debts -€36,921
Tax, wage and social debts +€4,403
Investment in fixed assets (net) -€10,948
Cash 2024 €1,831
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €92,105 €69,519 -€22,585 -24.5%
Fixed assets 21/28 €1,951 €9,823 +€7,872 +403.5%
Tangible fixed assets 22/27 €1,951 €9,823 +€7,872 +403.5%
Furniture and vehicles 24 €1,951 €9,823 +€7,872 +403.5%
Current assets 29/58 €90,154 €59,697 -€30,457 -33.8%
Amounts receivable within one year 40/41 €87,523 €57,118 -€30,406 -34.7%
Trade receivables 40 €22,083 €17,542 -€4,541 -20.6%
Other amounts receivable 41 €65,441 €39,576 -€25,865 -39.5%
Cash at bank and in hand 54/58 €2,527 €1,831 -€696 -27.5%
Deferred charges and accrued income 490/1 €104 €748 +€644 +620.7%
Total equity and liabilities 10/49 €92,105 €69,519 -€22,585 -24.5%
Equity 10/15 €19,564 €29,497 +€9,933 +50.8%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €17,564 €27,497 +€9,933 +56.6%
Amounts payable 17/49 €72,541 €40,023 -€32,518 -44.8%
Amounts payable within one year 42/48 €72,541 €40,023 -€32,518 -44.8%
Trade debts 44 €63,843 €26,922 -€36,921 -57.8%
Suppliers 440/4 €63,843 €26,922 -€36,921 -57.8%
Taxes, remuneration and social security 45 €8,698 €13,101 +€4,403 +50.6%
Taxes 450/3 €2,919 €6,113 +€3,194 +109.4%
Remuneration and social security 454/9 €5,779 €6,988 +€1,209 +20.9%
Remuneration, social security and pensions 62 €42,984 - -€42,984
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,015 €3,075 +€2,061 +203.1%
Other operating charges 640/8 €2,275 €1,162 -€1,113 -48.9%
Gross operating margin 9900 €53,080 €18,932 -€34,148 -64.3%
Operating profit (loss) 9901 €6,807 €14,695 +€7,887 +115.9%
Financial income 75/76B €26 - -€26
Recurring financial income 75 €26 - -€26
Non-recurring financial income 76B €26 - -€26
Financial charges 65/66B €398 €567 +€169 +42.5%
Recurring financial charges 65 €398 €567 +€169 +42.5%
Profit (loss) for the period before taxes 9903 €6,435 €14,127 +€7,692 +119.5%
Income taxes 67/77 €2,644 €4,194 +€1,551 +58.6%
Profit (loss) for the period 9904 €3,791 €9,933 +€6,142 +162.0%
Profit (loss) for the period to be appropriated 9905 €3,791 €9,933 +€6,142 +162.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 September 2026 via checked.be.