ECOHYDRO: 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.
ECOHYDRO
Largest movements
- Receivables within one year -€51,585
down €51,585 (-59.1%), from €87,250 to €35,665
of which Trade receivables: -€48,119
- Cash -€9,580
down €9,580 (-16.2%), from €59,069 to €49,489
mainly Trade debts (-€67,915) and Accrued charges and deferred income (-€15,427)
- Trade debts -€67,915
down €67,915 (-98.6%), from €68,846 to €932
- Reserves +€17,937
up €17,937 (+61.5%), from €29,161 to €47,099
- Accrued charges and deferred income -€15,427
down €15,427 (-58.6%), from €26,341 to €10,914
- Tax, wage and social debts +€4,382
up €4,382 (+232.7%), from €1,883 to €6,265
- Other debts -€1,648
down €1,648 (-12.9%), from €12,780 to €11,133
- Gross operating margin +€22,072
up €22,072 (+301.1%), from €7,331 to €29,404
- Taxes +€4,056
up €4,056 (+367.2%), from €1,105 to €5,161
- Financial charges +€1,346
up €1,346 (+155.8%), from €864 to €2,210
- Depreciation +€312
up €312 (+9.9%), from €3,150 to €3,462
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.
Cash bridge derived
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 | €157,613 | €94,942 | -€62,671 | -39.8% |
| Fixed assets | 21/28 | €10,291 | €9,788 | -€503 | -4.9% |
| Tangible fixed assets | 22/27 | €10,291 | €9,788 | -€503 | -4.9% |
| Plant, machinery and equipment | 23 | €9,012 | €7,061 | -€1,950 | -21.6% |
| Furniture and vehicles | 24 | €1,279 | €2,727 | +€1,448 | +113.2% |
| Current assets | 29/58 | €147,322 | €85,154 | -€62,168 | -42.2% |
| Stocks and contracts in progress | 3 | €1,002 | - | -€1,002 | |
| Stocks | 30/36 | €1,002 | - | -€1,002 | |
| Amounts receivable within one year | 40/41 | €87,250 | €35,665 | -€51,585 | -59.1% |
| Trade receivables | 40 | €83,268 | €35,149 | -€48,119 | -57.8% |
| Other amounts receivable | 41 | €3,982 | €516 | -€3,466 | -87.0% |
| Cash at bank and in hand | 54/58 | €59,069 | €49,489 | -€9,580 | -16.2% |
| Total equity and liabilities | 10/49 | €157,613 | €94,942 | -€62,671 | -39.8% |
| Equity | 10/15 | €47,761 | €65,699 | +€17,937 | +37.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,161 | €47,099 | +€17,937 | +61.5% |
| Distributable reserves | 133 | €29,161 | €47,099 | +€17,937 | +61.5% |
| Amounts payable | 17/49 | €109,851 | €29,243 | -€80,608 | -73.4% |
| Amounts payable within one year | 42/48 | €83,510 | €18,330 | -€65,180 | -78.1% |
| Trade debts | 44 | €68,846 | €932 | -€67,915 | -98.6% |
| Suppliers | 440/4 | €68,846 | €932 | -€67,915 | -98.6% |
| Taxes, remuneration and social security | 45 | €1,883 | €6,265 | +€4,382 | +232.7% |
| Taxes | 450/3 | €1,883 | €6,265 | +€4,382 | +232.7% |
| Other amounts payable | 47/48 | €12,780 | €11,133 | -€1,648 | -12.9% |
| Accrued charges and deferred income | 492/3 | €26,341 | €10,914 | -€15,427 | -58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,150 | €3,462 | +€312 | +9.9% |
| Other operating charges | 640/8 | €823 | €635 | -€188 | -22.8% |
| Gross operating margin | 9900 | €7,331 | €29,404 | +€22,072 | +301.1% |
| Operating profit (loss) | 9901 | €3,359 | €25,307 | +€21,948 | +653.4% |
| Financial income | 75/76B | €220 | €1 | -€219 | -99.7% |
| Recurring financial income | 75 | €220 | €1 | -€219 | -99.7% |
| Financial charges | 65/66B | €864 | €2,210 | +€1,346 | +155.8% |
| Recurring financial charges | 65 | €864 | €2,210 | +€1,346 | +155.8% |
| Profit (loss) for the period before taxes | 9903 | €2,715 | €23,098 | +€20,383 | +750.9% |
| Income taxes | 67/77 | €1,105 | €5,161 | +€4,056 | +367.2% |
| Profit (loss) for the period | 9904 | €1,610 | €17,937 | +€16,327 | +1014.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,610 | €17,937 | +€16,327 | +1014.2% |
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 7 October 2026 via checked.be.