ENHYDRO: 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.
ENHYDRO
Largest movements
- Cash +€20,045
up €20,045 (+20.6%), from €97,472 to €117,517
mainly Other debts (+€11,701) and Receivables within one year (+€9,217)
- Receivables within one year -€9,217
down €9,217 (-39.4%), from €23,376 to €14,159
of which Trade receivables: -€9,343
- Tangible fixed assets -€7,317
down €7,317 (-17.5%), from €41,892 to €34,575
of which Other tangible fixed assets: -€3,768
- Other debts +€11,701
up €11,701 (+12.0%), from €97,129 to €108,830
- Profit (loss) carried forward -€5,330
down €5,330 (-39.0%), from €13,665 to €8,335
- Gross operating margin -€7,662
down €7,662 (-77.5%), from €9,880 to €2,218
- Depreciation -€2,223
down €2,223 (-23.3%), from €9,540 to €7,317
- Other operating charges +€614
up €614 (+211.8%), from €290 to €903
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.
Cash bridge derived
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 | €166,697 | €170,354 | +€3,657 | +2.2% |
| Fixed assets | 21/28 | €42,392 | €35,075 | -€7,317 | -17.3% |
| Tangible fixed assets | 22/27 | €41,892 | €34,575 | -€7,317 | -17.5% |
| Plant, machinery and equipment | 23 | €11,346 | €7,797 | -€3,549 | -31.3% |
| Other tangible fixed assets | 26 | €30,546 | €26,778 | -€3,768 | -12.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €124,305 | €135,279 | +€10,974 | +8.8% |
| Amounts receivable within one year | 40/41 | €23,376 | €14,159 | -€9,217 | -39.4% |
| Trade receivables | 40 | €23,246 | €13,903 | -€9,343 | -40.2% |
| Other amounts receivable | 41 | €129 | €256 | +€127 | +98.1% |
| Cash at bank and in hand | 54/58 | €97,472 | €117,517 | +€20,045 | +20.6% |
| Deferred charges and accrued income | 490/1 | €3,457 | €3,603 | +€145 | +4.2% |
| Total equity and liabilities | 10/49 | €166,697 | €170,354 | +€3,657 | +2.2% |
| Equity | 10/15 | €63,648 | €58,318 | -€5,330 | -8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,383 | €31,383 | = | 0.0% |
| Distributable reserves | 133 | €31,383 | €31,383 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,665 | €8,335 | -€5,330 | -39.0% |
| Amounts payable | 17/49 | €103,049 | €112,036 | +€8,987 | +8.7% |
| Amounts payable within one year | 42/48 | €103,049 | €112,036 | +€8,987 | +8.7% |
| Trade debts | 44 | €2,604 | €910 | -€1,694 | -65.1% |
| Suppliers | 440/4 | €2,604 | €910 | -€1,694 | -65.1% |
| Taxes, remuneration and social security | 45 | €3,316 | €2,296 | -€1,020 | -30.8% |
| Taxes | 450/3 | €3,316 | €2,296 | -€1,020 | -30.8% |
| Other amounts payable | 47/48 | €97,129 | €108,830 | +€11,701 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,540 | €7,317 | -€2,223 | -23.3% |
| Other operating charges | 640/8 | €290 | €903 | +€614 | +211.8% |
| Gross operating margin | 9900 | €9,880 | €2,218 | -€7,662 | -77.5% |
| Operating profit (loss) | 9901 | €50 | -€6,002 | -€6,052 | |
| Financial income | 75/76B | €974 | €973 | -€1 | -0.1% |
| Recurring financial income | 75 | €974 | €973 | -€1 | -0.1% |
| Financial charges | 65/66B | €155 | €137 | -€18 | -11.7% |
| Recurring financial charges | 65 | €155 | €137 | -€18 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €869 | -€5,165 | -€6,034 | |
| Income taxes | 67/77 | €160 | €165 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | €709 | -€5,330 | -€6,039 | |
| Profit (loss) for the period to be appropriated | 9905 | €709 | -€5,330 | -€6,039 |
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 9 October 2026 via checked.be.