Algemene Hydraulica Constructie: 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.
What changed
Algemene Hydraulica Constructie
NACE 33.120, Repair and maintenance of machinery
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€34,324
2024 · €25,548+€8,776
Equity
€619,168
2024 · €584,844+€34,324
Cash
€12,636
2024 · €13,905-€1,270
Balance sheet total
€1.4m
2024 · €1.5m-€68,975
Largest movements
Assets
- Receivables within one year -€124,057
down €124,057 (-32.0%), from €387,911 to €263,854
of which Trade receivables: -€124,609
- Tangible fixed assets +€46,790
up €46,790 (+450%), from €10,403 to €57,193
of which Leasing and similar rights: +€41,725
Equity and liabilities
- Other debts -€103,155
down €103,155 (-23.0%), from €448,499 to €345,344
- Trade debts -€67,539
down €67,539 (-32.5%), from €207,573 to €140,034
- Tax, wage and social debts +€47,632
up €47,632 (+80.3%), from €59,315 to €106,947
of which Remuneration and social security: +€48,297
- Reserves +€34,324
up €34,324 (+6.6%), from €520,844 to €555,168
of which Distributable reserves: +€34,324
- Debts after one year +€26,547
up €26,547, from €0 to €26,547
Income statement
- Gross operating margin +€71,232
up €71,232 (+19.4%), from €366,408 to €437,639
- Staff costs +€60,331
up €60,331 (+19.0%), from €317,907 to €378,238
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
€25,548
Gross operating margin
+€71,232
Staff costs
-€60,331
Depreciation
-€701
Write-downs
+€3,696
Other operating charges
+€308
Financial income
-€120
Financial charges
-€4,310
Taxes
-€997
Result 2025
€34,324
raises the resultlowers the result
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.
From operations
+€33,244
Investment
-€54,483
Financing
+€19,970
Cash 2024
€13,905
From operations (derived)
+€33,244
Net result for the year
+€34,324
Depreciation
+€7,693
Stocks and contracts
-€7,459
Receivables within one year
+€124,057
Deferred charges and accrued income
-€2,102
Trade debts
-€67,539
Tax, wage and social debts
+€47,632
Other debts
-€103,155
Accrued charges and deferred income
-€208
Investment (derived)
-€54,483
Investment in fixed assets (net)
-€54,483
Financing
+€19,970
Debts after one year
+€26,547
Current portion of long-term debt
+€1,037
Short-term financial debts
-€7,614
Cash 2025
€12,636
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,477,450 | €1,408,475 | -€68,975 | -4.7% |
| Fixed assets | 21/28 | €10,681 | €57,471 | +€46,790 | +438% |
| Tangible fixed assets | 22/27 | €10,403 | €57,193 | +€46,790 | +450% |
| Plant, machinery and equipment | 23 | €5,309 | €12,178 | +€6,869 | +129% |
| Furniture and vehicles | 24 | €3,694 | €2,309 | -€1,385 | -37.5% |
| Leasing and similar rights | 25 | - | €41,725 | +€41,725 | |
| Other tangible fixed assets | 26 | €1,400 | €981 | -€419 | -29.9% |
| Financial fixed assets | 28 | €278 | €278 | = | 0.0% |
| Current assets | 29/58 | €1,466,769 | €1,351,003 | -€115,765 | -7.9% |
| Amounts receivable after more than one year | 29 | €725,000 | €725,000 | = | 0.0% |
| Other amounts receivable | 291 | €725,000 | €725,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €183,791 | €191,250 | +€7,459 | +4.1% |
| Stocks | 30/36 | €183,791 | €191,250 | +€7,459 | +4.1% |
| Amounts receivable within one year | 40/41 | €387,911 | €263,854 | -€124,057 | -32.0% |
| Trade receivables | 40 | €229,226 | €104,617 | -€124,609 | -54.4% |
| Other amounts receivable | 41 | €158,685 | €159,236 | +€552 | +0.3% |
| Current investments | 50/53 | €153,125 | €153,125 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,905 | €12,636 | -€1,270 | -9.1% |
| Deferred charges and accrued income | 490/1 | €3,037 | €5,139 | +€2,102 | +69.2% |
| Total equity and liabilities | 10/49 | €1,477,450 | €1,408,475 | -€68,975 | -4.7% |
| Equity | 10/15 | €584,844 | €619,168 | +€34,324 | +5.9% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €520,844 | €555,168 | +€34,324 | +6.6% |
| Non-distributable reserves | 130/1 | €159,525 | €159,525 | = | 0.0% |
| Legal reserve | 130 | €6,400 | €6,400 | = | 0.0% |
| Own shares acquired | 1312 | €153,125 | €153,125 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €323,819 | €358,143 | +€34,324 | +10.6% |
| Amounts payable | 17/49 | €892,606 | €789,307 | -€103,299 | -11.6% |
| Amounts payable after more than one year | 17 | €0 | €26,547 | +€26,547 | |
| Financial debts | 170/4 | €0 | €26,547 | +€26,547 | |
| Amounts payable within one year | 42/48 | €891,762 | €762,123 | -€129,639 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €13,537 | +€1,037 | +8.3% |
| Financial debts | 43 | €163,876 | €156,262 | -€7,614 | -4.6% |
| Credit institutions | 430/8 | €163,876 | €156,262 | -€7,614 | -4.6% |
| Trade debts | 44 | €207,573 | €140,034 | -€67,539 | -32.5% |
| Suppliers | 440/4 | €207,573 | €140,034 | -€67,539 | -32.5% |
| Taxes, remuneration and social security | 45 | €59,315 | €106,947 | +€47,632 | +80.3% |
| Taxes | 450/3 | €35,262 | €34,598 | -€665 | -1.9% |
| Remuneration and social security | 454/9 | €24,052 | €72,350 | +€48,297 | +201% |
| Other amounts payable | 47/48 | €448,499 | €345,344 | -€103,155 | -23.0% |
| Accrued charges and deferred income | 492/3 | €844 | €636 | -€208 | -24.6% |
| Remuneration, social security and pensions | 62 | €317,907 | €378,238 | +€60,331 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,992 | €7,693 | +€701 | +10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,848 | -€1,848 | -€3,696 | |
| Other operating charges | 640/8 | €1,796 | €1,488 | -€308 | -17.1% |
| Gross operating margin | 9900 | €366,408 | €437,639 | +€71,232 | +19.4% |
| Operating profit (loss) | 9901 | €37,865 | €52,068 | +€14,203 | +37.5% |
| Financial income | 75/76B | €18,700 | €18,581 | -€120 | -0.6% |
| Recurring financial income | 75 | €18,700 | €18,581 | -€120 | -0.6% |
| Financial charges | 65/66B | €20,880 | €25,190 | +€4,310 | +20.6% |
| Recurring financial charges | 65 | €20,880 | €25,190 | +€4,310 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €35,685 | €45,459 | +€9,774 | +27.4% |
| Income taxes | 67/77 | €10,137 | €11,135 | +€997 | +9.8% |
| Profit (loss) for the period | 9904 | €25,548 | €34,324 | +€8,776 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,548 | €34,324 | +€8,776 | +34.4% |
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 31 October 2026 via checked.be.