Hydraupelt: 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.
Hydraupelt
Largest movements
- Cash +€23,084
up €23,084 (+145.8%), from €15,831 to €38,915
mainly Net result for the year (+€13,795) and Tax, wage and social debts (+€5,449)
- Tangible fixed assets -€2,290
down €2,290 (-35.5%), from €6,455 to €4,165
- Receivables within one year -€1,238
down €1,238 (-59.2%), from €2,091 to €853
of which Trade receivables: -€1,068
- Reserves +€13,795
up €13,795 (+100.8%), from €13,691 to €27,486
- Tax, wage and social debts +€5,449
up €5,449 (+89.0%), from €6,126 to €11,575
- Trade debts -€1,706
down €1,706 (-85.6%), from €1,992 to €286
- Accrued charges and deferred income +€1,408
new in 2025: €1,408
- Gross operating margin +€6,212
up €6,212 (+34.6%), from €17,932 to €24,144
- Financial charges +€2,011
up €2,011 (+3267.0%), from €62 to €2,073
- Taxes +€1,139
up €1,139 (+28.2%), from €4,034 to €5,173
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 | €53,219 | €72,166 | +€18,947 | +35.6% |
| Formation expenses | 20 | €868 | €578 | -€290 | -33.4% |
| Fixed assets | 21/28 | €6,455 | €4,165 | -€2,290 | -35.5% |
| Tangible fixed assets | 22/27 | €6,455 | €4,165 | -€2,290 | -35.5% |
| Plant, machinery and equipment | 23 | €6,455 | €4,165 | -€2,290 | -35.5% |
| Current assets | 29/58 | €45,896 | €67,422 | +€21,526 | +46.9% |
| Stocks and contracts in progress | 3 | €27,974 | €27,654 | -€320 | -1.1% |
| Stocks | 30/36 | €27,974 | €27,654 | -€320 | -1.1% |
| Amounts receivable within one year | 40/41 | €2,091 | €853 | -€1,238 | -59.2% |
| Trade receivables | 40 | €1,921 | €853 | -€1,068 | -55.6% |
| Other amounts receivable | 41 | €170 | - | -€170 | |
| Cash at bank and in hand | 54/58 | €15,831 | €38,915 | +€23,084 | +145.8% |
| Total equity and liabilities | 10/49 | €53,219 | €72,166 | +€18,947 | +35.6% |
| Equity | 10/15 | €16,691 | €30,486 | +€13,795 | +82.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,691 | €27,486 | +€13,795 | +100.8% |
| Distributable reserves | 133 | €13,691 | €27,486 | +€13,795 | +100.8% |
| Amounts payable | 17/49 | €36,528 | €41,680 | +€5,152 | +14.1% |
| Amounts payable within one year | 42/48 | €36,528 | €40,272 | +€3,744 | +10.2% |
| Trade debts | 44 | €1,992 | €286 | -€1,706 | -85.6% |
| Suppliers | 440/4 | €1,992 | €286 | -€1,706 | -85.6% |
| Taxes, remuneration and social security | 45 | €6,126 | €11,575 | +€5,449 | +89.0% |
| Taxes | 450/3 | €6,126 | €11,575 | +€5,449 | +89.0% |
| Other amounts payable | 47/48 | €28,410 | €28,410 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,408 | +€1,408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,580 | €2,580 | = | 0.0% |
| Other operating charges | 640/8 | €499 | €523 | +€24 | +4.8% |
| Gross operating margin | 9900 | €17,932 | €24,144 | +€6,212 | +34.6% |
| Operating profit (loss) | 9901 | €14,853 | €21,041 | +€6,188 | +41.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €62 | €2,073 | +€2,011 | +3267.0% |
| Recurring financial charges | 65 | €62 | €2,073 | +€2,011 | +3267.0% |
| Profit (loss) for the period before taxes | 9903 | €14,792 | €18,968 | +€4,176 | +28.2% |
| Income taxes | 67/77 | €4,034 | €5,173 | +€1,139 | +28.2% |
| Profit (loss) for the period | 9904 | €10,758 | €13,795 | +€3,037 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,758 | €13,795 | +€3,037 | +28.2% |
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 3 October 2026 via checked.be.