Hydewa Benelux: 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.
Hydewa Benelux
Largest movements
- Receivables within one year -€189,232
down €189,232 (-82.5%), from €229,482 to €40,250
- Tangible fixed assets -€21,065
no longer reported in 2025 (was €21,065)
- Other debts -€201,575
down €201,575 (-51.6%), from €390,790 to €189,215
- Profit (loss) carried forward -€7,767
down €7,767 (-5.5%), from -€142,469 to -€150,236
- Gross operating margin +€26,236
up €26,236 (+80.1%), from -€32,755 to -€6,519
- Depreciation -€16,898
no longer reported in 2025 (was €16,898)
- Financial income -€8,332
no longer reported in 2025 (was €8,332)
- Other operating charges -€4,763
no longer reported in 2025 (was €4,763)
- Financial charges -€383
down €383 (-67.7%), from €566 to €182
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 | €250,596 | €40,979 | -€209,618 | -83.6% |
| Fixed assets | 21/28 | €21,065 | - | -€21,065 | |
| Tangible fixed assets | 22/27 | €21,065 | - | -€21,065 | |
| Furniture and vehicles | 24 | €21,065 | - | -€21,065 | |
| Current assets | 29/58 | €229,531 | €40,979 | -€188,553 | -82.1% |
| Amounts receivable within one year | 40/41 | €229,482 | €40,250 | -€189,232 | -82.5% |
| Other amounts receivable | 41 | €229,482 | €40,250 | -€189,232 | -82.5% |
| Cash at bank and in hand | 54/58 | €49 | €728 | +€679 | +1,380% |
| Total equity and liabilities | 10/49 | €250,596 | €40,979 | -€209,618 | -83.6% |
| Equity | 10/15 | -€140,469 | -€148,236 | -€7,767 | -5.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,469 | -€150,236 | -€7,767 | -5.5% |
| Amounts payable | 17/49 | €391,066 | €189,215 | -€201,851 | -51.6% |
| Amounts payable within one year | 42/48 | €391,066 | €189,215 | -€201,851 | -51.6% |
| Taxes, remuneration and social security | 45 | €276 | - | -€276 | |
| Taxes | 450/3 | €276 | - | -€276 | |
| Other amounts payable | 47/48 | €390,790 | €189,215 | -€201,575 | -51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,898 | - | -€16,898 | |
| Other operating charges | 640/8 | €4,763 | - | -€4,763 | |
| Non-recurring operating charges | 66A | - | €1,065 | +€1,065 | |
| Gross operating margin | 9900 | -€32,755 | -€6,519 | +€26,236 | +80.1% |
| Operating profit (loss) | 9901 | -€54,417 | -€7,584 | +€46,833 | +86.1% |
| Financial income | 75/76B | €8,332 | - | -€8,332 | |
| Recurring financial income | 75 | €8,332 | - | -€8,332 | |
| Financial charges | 65/66B | €566 | €182 | -€383 | -67.7% |
| Recurring financial charges | 65 | €566 | €182 | -€383 | -67.7% |
| Profit (loss) for the period before taxes | 9903 | -€46,651 | -€7,767 | +€38,884 | +83.4% |
| Income taxes | 67/77 | €203 | - | -€203 | |
| Profit (loss) for the period | 9904 | -€46,854 | -€7,767 | +€39,087 | +83.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,854 | -€7,767 | +€39,087 | +83.4% |
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 24 October 2026 via checked.be.