Hydor: 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.
Hydor
Largest movements
- Cash -€531,260
down €531,260 (-68.1%), from €779,941 to €248,681
mainly Current investments (-€500,000) and Receivables within one year (-€223,540)
- Current investments +€500,000
up €500,000 (+837%), from €59,770 to €559,770
- Receivables within one year +€223,540
up €223,540 (+61.6%), from €363,027 to €586,567
of which Trade receivables: +€251,805
- Tangible fixed assets +€49,311
up €49,311 (+47.0%), from €104,905 to €154,215
of which Furniture and vehicles: +€59,235
- Reserves +€173,000
up €173,000 (+15.1%), from €1.1m to €1.3m
of which Distributable reserves: +€173,000
- Other debts +€54,339
new in 2024: €54,339
- Gross operating margin -€92,423
down €92,423 (-17.1%), from €541,414 to €448,992
- Taxes -€26,175
down €26,175 (-24.0%), from €109,035 to €82,860
- Staff costs -€15,939
down €15,939 (-8.0%), from €198,554 to €182,615
- Depreciation +€12,448
up €12,448 (+111%), from €11,241 to €23,689
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.
Derived cash bridge
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 | €1,376,732 | €1,604,892 | +€228,160 | +16.6% |
| Fixed assets | 21/28 | €106,176 | €155,621 | +€49,446 | +46.6% |
| Tangible fixed assets | 22/27 | €104,905 | €154,215 | +€49,311 | +47.0% |
| Plant, machinery and equipment | 23 | €23,467 | €21,963 | -€1,504 | -6.4% |
| Furniture and vehicles | 24 | €5,793 | €65,029 | +€59,235 | +1,023% |
| Other tangible fixed assets | 26 | €75,644 | €67,223 | -€8,421 | -11.1% |
| Financial fixed assets | 28 | €1,271 | €1,406 | +€135 | +10.6% |
| Current assets | 29/58 | €1,270,556 | €1,449,270 | +€178,715 | +14.1% |
| Stocks and contracts in progress | 3 | €67,817 | €54,252 | -€13,565 | -20.0% |
| Stocks | 30/36 | €67,817 | €54,252 | -€13,565 | -20.0% |
| Amounts receivable within one year | 40/41 | €363,027 | €586,567 | +€223,540 | +61.6% |
| Trade receivables | 40 | €322,929 | €574,734 | +€251,805 | +78.0% |
| Other amounts receivable | 41 | €40,098 | €11,833 | -€28,265 | -70.5% |
| Current investments | 50/53 | €59,770 | €559,770 | +€500,000 | +837% |
| Cash at bank and in hand | 54/58 | €779,941 | €248,681 | -€531,260 | -68.1% |
| Total equity and liabilities | 10/49 | €1,376,732 | €1,604,892 | +€228,160 | +16.6% |
| Equity | 10/15 | €1,193,267 | €1,366,521 | +€173,254 | +14.5% |
| Contributions | 10/11 | €44,621 | €44,621 | = | 0.0% |
| Reserves | 13 | €1,146,451 | €1,319,451 | +€173,000 | +15.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €23,589 | €23,589 | = | 0.0% |
| Distributable reserves | 133 | €1,122,862 | €1,295,862 | +€173,000 | +15.4% |
| Profit (loss) carried forward | 14 | €2,195 | €2,449 | +€254 | +11.6% |
| Amounts payable | 17/49 | €183,465 | €238,371 | +€54,906 | +29.9% |
| Amounts payable after more than one year | 17 | €12,500 | €12,500 | = | 0.0% |
| Financial debts | 170/4 | €12,500 | €12,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €170,466 | €225,169 | +€54,703 | +32.1% |
| Trade debts | 44 | €117,362 | €132,390 | +€15,027 | +12.8% |
| Suppliers | 440/4 | €117,362 | €132,390 | +€15,027 | +12.8% |
| Taxes, remuneration and social security | 45 | €53,104 | €38,440 | -€14,663 | -27.6% |
| Taxes | 450/3 | €34,472 | €22,752 | -€11,719 | -34.0% |
| Remuneration and social security | 454/9 | €18,632 | €15,688 | -€2,944 | -15.8% |
| Other amounts payable | 47/48 | - | €54,339 | +€54,339 | |
| Accrued charges and deferred income | 492/3 | €499 | €702 | +€203 | +40.7% |
| Remuneration, social security and pensions | 62 | €198,554 | €182,615 | -€15,939 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,241 | €23,689 | +€12,448 | +111% |
| Other operating charges | 640/8 | €1,834 | €1,472 | -€361 | -19.7% |
| Gross operating margin | 9900 | €541,414 | €448,992 | -€92,423 | -17.1% |
| Operating profit (loss) | 9901 | €329,785 | €241,214 | -€88,571 | -26.9% |
| Financial income | 75/76B | €13,837 | €17,277 | +€3,440 | +24.9% |
| Recurring financial income | 75 | €13,837 | €17,277 | +€3,440 | +24.9% |
| Financial charges | 65/66B | €1,873 | €2,377 | +€505 | +26.9% |
| Recurring financial charges | 65 | €1,873 | €2,377 | +€505 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €341,749 | €256,114 | -€85,635 | -25.1% |
| Income taxes | 67/77 | €109,035 | €82,860 | -€26,175 | -24.0% |
| Profit (loss) for the period | 9904 | €232,714 | €173,254 | -€59,460 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €232,714 | €173,254 | -€59,460 | -25.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.