HISTOIRES D'EAUX: 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.
HISTOIRES D'EAUX
Largest movements
- Tangible fixed assets -€20,385
down €20,385 (-37.7%), from €54,059 to €33,674
- Stocks and contracts -€12,928
down €12,928 (-7.3%), from €177,431 to €164,503
- Cash -€11,709
down €11,709 (-28.8%), from €40,647 to €28,937
mainly Tax, wage and social debts (-€34,015) and Debts after one year (-€14,628)
- Receivables within one year -€10,945
down €10,945 (-79.9%), from €13,701 to €2,756
- Tax, wage and social debts -€34,015
down €34,015 (-31.2%), from €109,024 to €75,009
of which Taxes: -€19,728
- Debts after one year -€14,628
down €14,628 (-14.8%), from €98,705 to €84,078
- Trade debts -€12,905
down €12,905 (-12.2%), from €105,362 to €92,457
- Gross operating margin -€6,368
down €6,368 (-3.1%), from €205,895 to €199,527
- Financial charges -€5,544
down €5,544 (-50.4%), from €10,995 to €5,451
- Taxes +€3,735
new in 2025: €3,735
- Staff costs -€2,623
down €2,623 (-1.5%), from €172,025 to €169,401
- Financial income -€2,156
down €2,156 (-21.2%), from €10,167 to €8,011
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €945,313 | €891,086 | -€54,227 | -5.7% |
| Fixed assets | 21/28 | €536,440 | €516,175 | -€20,265 | -3.8% |
| Tangible fixed assets | 22/27 | €54,059 | €33,674 | -€20,385 | -37.7% |
| Land and buildings | 22 | €11,072 | €4,593 | -€6,479 | -58.5% |
| Plant, machinery and equipment | 23 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €10,932 | €6,776 | -€4,157 | -38.0% |
| Other tangible fixed assets | 26 | €32,055 | €22,305 | -€9,750 | -30.4% |
| Financial fixed assets | 28 | €482,381 | €482,501 | +€120 | 0.0% |
| Current assets | 29/58 | €408,874 | €374,912 | -€33,962 | -8.3% |
| Amounts receivable after more than one year | 29 | €175,887 | €175,369 | -€518 | -0.3% |
| Other amounts receivable | 291 | €175,887 | €175,369 | -€518 | -0.3% |
| Stocks and contracts in progress | 3 | €177,431 | €164,503 | -€12,928 | -7.3% |
| Stocks | 30/36 | €177,431 | €164,503 | -€12,928 | -7.3% |
| Amounts receivable within one year | 40/41 | €13,701 | €2,756 | -€10,945 | -79.9% |
| Trade receivables | 40 | €13,701 | €2,756 | -€10,945 | -79.9% |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,647 | €28,937 | -€11,709 | -28.8% |
| Deferred charges and accrued income | 490/1 | €1,207 | €3,346 | +€2,139 | +177% |
| Total equity and liabilities | 10/49 | €945,313 | €891,086 | -€54,227 | -5.7% |
| Equity | 10/15 | €524,739 | €530,112 | +€5,373 | +1.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Revaluation surpluses | 12 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €396,700 | €396,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,200 | €14,200 | = | 0.0% |
| Distributable reserves | 133 | €380,000 | €380,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,039 | €28,412 | +€5,373 | +23.3% |
| Amounts payable | 17/49 | €420,574 | €360,974 | -€59,601 | -14.2% |
| Amounts payable after more than one year | 17 | €98,705 | €84,078 | -€14,628 | -14.8% |
| Financial debts | 170/4 | €98,705 | €84,078 | -€14,628 | -14.8% |
| Amounts payable within one year | 42/48 | €318,569 | €272,154 | -€46,415 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €40,029 | €40,616 | +€587 | +1.5% |
| Financial debts | 43 | €42,249 | €41,286 | -€963 | -2.3% |
| Credit institutions | 430/8 | €42,249 | €41,286 | -€963 | -2.3% |
| Trade debts | 44 | €105,362 | €92,457 | -€12,905 | -12.2% |
| Suppliers | 440/4 | €105,362 | €92,457 | -€12,905 | -12.2% |
| Taxes, remuneration and social security | 45 | €109,024 | €75,009 | -€34,015 | -31.2% |
| Taxes | 450/3 | €61,361 | €41,633 | -€19,728 | -32.2% |
| Remuneration and social security | 454/9 | €47,662 | €33,376 | -€14,287 | -30.0% |
| Other amounts payable | 47/48 | €21,906 | €22,786 | +€880 | +4.0% |
| Accrued charges and deferred income | 492/3 | €3,300 | €4,743 | +€1,443 | +43.7% |
| Remuneration, social security and pensions | 62 | €172,025 | €169,401 | -€2,623 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,723 | €20,385 | -€1,338 | -6.2% |
| Other operating charges | 640/8 | €5,049 | €3,192 | -€1,857 | -36.8% |
| Gross operating margin | 9900 | €205,895 | €199,527 | -€6,368 | -3.1% |
| Operating profit (loss) | 9901 | €7,098 | €6,548 | -€550 | -7.8% |
| Financial income | 75/76B | €10,167 | €8,011 | -€2,156 | -21.2% |
| Recurring financial income | 75 | €10,167 | €8,011 | -€2,156 | -21.2% |
| Financial charges | 65/66B | €10,995 | €5,451 | -€5,544 | -50.4% |
| Recurring financial charges | 65 | €10,995 | €5,451 | -€5,544 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €6,271 | €9,108 | +€2,837 | +45.2% |
| Income taxes | 67/77 | - | €3,735 | +€3,735 | |
| Profit (loss) for the period | 9904 | €6,271 | €5,373 | -€897 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,271 | €5,373 | -€897 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.