HYDICO: 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.
HYDICO
Largest movements
- Cash +€31,585
up €31,585 (+92.4%), from €34,179 to €65,764
mainly Net result for the year (+€31,272) and Receivables within one year (+€5,374)
- Receivables within one year -€5,374
down €5,374 (-44.4%), from €12,100 to €6,726
of which Trade receivables: -€12,100
- Tangible fixed assets -€2,303
down €2,303 (-19.3%), from €11,962 to €9,659
of which Leasing and similar rights: -€1,408
- Profit (loss) carried forward +€31,272
up €31,272 (+91.8%), from €34,066 to €65,338
- Tax, wage and social debts -€4,988
down €4,988 (-33.9%), from €14,695 to €9,708
of which Taxes: -€2,988
- Other debts -€3,480
down €3,480 (-100.0%), from €3,480 to €0
- Trade debts +€1,265
up €1,265 (+126.5%), from €1,000 to €2,265
- Depreciation +€1,607
up €1,607 (+126.3%), from €1,273 to €2,881
- Gross operating margin -€1,047
down €1,047 (-2.2%), from €47,149 to €46,101
- Financial charges +€606
up €606 (+24.3%), from €2,492 to €3,098
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 | €58,241 | €82,311 | +€24,069 | +41.3% |
| Fixed assets | 21/28 | €11,962 | €9,659 | -€2,303 | -19.3% |
| Tangible fixed assets | 22/27 | €11,962 | €9,659 | -€2,303 | -19.3% |
| Plant, machinery and equipment | 23 | €5,331 | €4,436 | -€895 | -16.8% |
| Leasing and similar rights | 25 | €6,631 | €5,224 | -€1,408 | -21.2% |
| Current assets | 29/58 | €46,279 | €72,651 | +€26,372 | +57.0% |
| Amounts receivable within one year | 40/41 | €12,100 | €6,726 | -€5,374 | -44.4% |
| Trade receivables | 40 | €12,100 | €0 | -€12,100 | -100.0% |
| Other amounts receivable | 41 | - | €6,726 | +€6,726 | |
| Cash at bank and in hand | 54/58 | €34,179 | €65,764 | +€31,585 | +92.4% |
| Deferred charges and accrued income | 490/1 | - | €162 | +€162 | |
| Total equity and liabilities | 10/49 | €58,241 | €82,311 | +€24,069 | +41.3% |
| Equity | 10/15 | €39,066 | €70,338 | +€31,272 | +80.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,066 | €65,338 | +€31,272 | +91.8% |
| Amounts payable | 17/49 | €19,176 | €11,973 | -€7,203 | -37.6% |
| Amounts payable within one year | 42/48 | €19,176 | €11,973 | -€7,203 | -37.6% |
| Trade debts | 44 | €1,000 | €2,265 | +€1,265 | +126.5% |
| Suppliers | 440/4 | €1,000 | €2,265 | +€1,265 | +126.5% |
| Taxes, remuneration and social security | 45 | €14,695 | €9,708 | -€4,988 | -33.9% |
| Taxes | 450/3 | €12,695 | €9,708 | -€2,988 | -23.5% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | €3,480 | €0 | -€3,480 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,273 | €2,881 | +€1,607 | +126.3% |
| Other operating charges | 640/8 | €53 | €0 | -€53 | -100.0% |
| Gross operating margin | 9900 | €47,149 | €46,101 | -€1,047 | -2.2% |
| Operating profit (loss) | 9901 | €45,823 | €43,221 | -€2,602 | -5.7% |
| Financial income | 75/76B | - | €182 | +€182 | |
| Recurring financial income | 75 | - | €182 | +€182 | |
| Financial charges | 65/66B | €2,492 | €3,098 | +€606 | +24.3% |
| Recurring financial charges | 65 | €2,492 | €3,098 | +€606 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €43,331 | €40,305 | -€3,026 | -7.0% |
| Income taxes | 67/77 | €9,265 | €9,032 | -€233 | -2.5% |
| Profit (loss) for the period | 9904 | €34,066 | €31,272 | -€2,793 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,066 | €31,272 | -€2,793 | -8.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.