HYDRE: 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.
HYDRE
Largest movements
- Tangible fixed assets +€158,401
up €158,401 (+95.3%), from €166,274 to €324,675
- Cash -€14,152
down €14,152 (-88.1%), from €16,064 to €1,912
mainly Investment in fixed assets (net) (-€162,916) and Net result for the year (-€3,406)
- Receivables within one year -€10,000
no longer reported in 2025 (was €10,000)
- Debts after one year +€127,241
up €127,241 (+116.4%), from €109,340 to €236,581
- Other debts +€6,862
up €6,862 (+9.1%), from €75,384 to €82,246
- Current portion of long-term debt +€4,060
up €4,060 (+109.8%), from €3,699 to €7,759
- Profit (loss) carried forward -€3,406
down €3,406 (-131.4%), from -€2,593 to -€5,998
- Financial charges +€3,775
up €3,775 (+127.1%), from €2,970 to €6,745
- Gross operating margin -€1,210
down €1,210 (-12.3%), from €9,861 to €8,651
- Depreciation +€1,129
up €1,129 (+33.3%), from €3,387 to €4,515
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 | €192,338 | €326,588 | +€134,249 | +69.8% |
| Fixed assets | 21/28 | €166,274 | €324,675 | +€158,401 | +95.3% |
| Tangible fixed assets | 22/27 | €166,274 | €324,675 | +€158,401 | +95.3% |
| Land and buildings | 22 | €166,274 | €324,675 | +€158,401 | +95.3% |
| Current assets | 29/58 | €26,064 | €1,912 | -€24,152 | -92.7% |
| Amounts receivable within one year | 40/41 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €16,064 | €1,912 | -€14,152 | -88.1% |
| Total equity and liabilities | 10/49 | €192,338 | €326,588 | +€134,249 | +69.8% |
| Equity | 10/15 | €3,407 | €2 | -€3,406 | -100.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,593 | -€5,998 | -€3,406 | -131.4% |
| Amounts payable | 17/49 | €188,931 | €326,586 | +€137,655 | +72.9% |
| Amounts payable after more than one year | 17 | €109,340 | €236,581 | +€127,241 | +116.4% |
| Financial debts | 170/4 | €109,340 | €236,581 | +€127,241 | +116.4% |
| Amounts payable within one year | 42/48 | €79,591 | €90,005 | +€10,415 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €3,699 | €7,759 | +€4,060 | +109.8% |
| Trade debts | 44 | €507 | - | -€507 | |
| Suppliers | 440/4 | €507 | - | -€507 | |
| Other amounts payable | 47/48 | €75,384 | €82,246 | +€6,862 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,387 | €4,515 | +€1,129 | +33.3% |
| Other operating charges | 640/8 | €761 | €797 | +€35 | +4.7% |
| Gross operating margin | 9900 | €9,861 | €8,651 | -€1,210 | -12.3% |
| Operating profit (loss) | 9901 | €5,714 | €3,339 | -€2,375 | -41.6% |
| Financial charges | 65/66B | €2,970 | €6,745 | +€3,775 | +127.1% |
| Recurring financial charges | 65 | €2,970 | €6,745 | +€3,775 | +127.1% |
| Profit (loss) for the period before taxes | 9903 | €2,744 | -€3,406 | -€6,150 | |
| Profit (loss) for the period | 9904 | €2,744 | -€3,406 | -€6,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,744 | -€3,406 | -€6,150 |
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 1 October 2026 via checked.be.