HYDREAU: 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.
HYDREAU
Largest movements
- Receivables within one year -€164,734
down €164,734 (-17.5%), from €943,939 to €779,204
of which Trade receivables: -€119,517
- Cash +€34,624
up €34,624 (+817.3%), from €4,236 to €38,860
mainly Receivables within one year (+€164,734) and Net result for the year (+€84,225)
- Trade debts -€268,530
down €268,530 (-31.7%), from €847,206 to €578,676
- Reserves +€78,000
up €78,000 (+98.6%), from €79,083 to €157,083
- Tax, wage and social debts +€53,923
up €53,923 (+177.4%), from €30,400 to €84,323
of which Taxes: +€56,548
- Gross operating margin +€318,824
up €318,824 (+133.0%), from €239,767 to €558,591
- Staff costs +€232,030
up €232,030 (+116.0%), from €199,945 to €431,975
- Taxes +€34,239
up €34,239 (+284.3%), from €12,041 to €46,280
From the 31-12-2023 result to the 31-12-2024 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.
Cash bridge derived
Derived from the 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €982,381 | €843,999 | -€138,382 | -14.1% |
| Fixed assets | 21/28 | €24,843 | €19,511 | -€5,332 | -21.5% |
| Tangible fixed assets | 22/27 | €21,343 | €14,011 | -€7,332 | -34.4% |
| Plant, machinery and equipment | 23 | €6,125 | €3,116 | -€3,010 | -49.1% |
| Furniture and vehicles | 24 | €15,218 | €10,895 | -€4,323 | -28.4% |
| Financial fixed assets | 28 | €3,500 | €5,500 | +€2,000 | +57.1% |
| Current assets | 29/58 | €957,538 | €824,488 | -€133,050 | -13.9% |
| Amounts receivable within one year | 40/41 | €943,939 | €779,204 | -€164,734 | -17.5% |
| Trade receivables | 40 | €668,138 | €548,620 | -€119,517 | -17.9% |
| Other amounts receivable | 41 | €275,801 | €230,584 | -€45,217 | -16.4% |
| Current investments | 50/53 | - | €6,425 | +€6,425 | |
| Cash at bank and in hand | 54/58 | €4,236 | €38,860 | +€34,624 | +817.3% |
| Deferred charges and accrued income | 490/1 | €9,363 | - | -€9,363 | |
| Total equity and liabilities | 10/49 | €982,381 | €843,999 | -€138,382 | -14.1% |
| Equity | 10/15 | €104,775 | €181,000 | +€76,225 | +72.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €79,083 | €157,083 | +€78,000 | +98.6% |
| Distributable reserves | 133 | €79,083 | €157,083 | +€78,000 | +98.6% |
| Profit (loss) carried forward | 14 | €7,092 | €5,317 | -€1,775 | -25.0% |
| Amounts payable | 17/49 | €877,606 | €662,999 | -€214,607 | -24.5% |
| Amounts payable within one year | 42/48 | €877,606 | €662,999 | -€214,607 | -24.5% |
| Trade debts | 44 | €847,206 | €578,676 | -€268,530 | -31.7% |
| Suppliers | 440/4 | €847,206 | €578,676 | -€268,530 | -31.7% |
| Taxes, remuneration and social security | 45 | €30,400 | €84,323 | +€53,923 | +177.4% |
| Taxes | 450/3 | €19,258 | €75,806 | +€56,548 | +293.6% |
| Remuneration and social security | 454/9 | €11,142 | €8,517 | -€2,625 | -23.6% |
| Remuneration, social security and pensions | 62 | €199,945 | €431,975 | +€232,030 | +116.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,840 | €7,332 | +€492 | +7.2% |
| Other operating charges | 640/8 | €3,601 | €313 | -€3,288 | -91.3% |
| Gross operating margin | 9900 | €239,767 | €558,591 | +€318,824 | +133.0% |
| Operating profit (loss) | 9901 | €29,381 | €118,971 | +€89,590 | +304.9% |
| Financial income | 75/76B | €11,106 | €14,078 | +€2,972 | +26.8% |
| Recurring financial income | 75 | €11,106 | €14,078 | +€2,972 | +26.8% |
| Financial charges | 65/66B | €3,684 | €2,543 | -€1,141 | -31.0% |
| Recurring financial charges | 65 | €3,684 | €2,543 | -€1,141 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €36,802 | €130,505 | +€93,703 | +254.6% |
| Income taxes | 67/77 | €12,041 | €46,280 | +€34,239 | +284.3% |
| Profit (loss) for the period | 9904 | €24,761 | €84,225 | +€59,464 | +240.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,761 | €84,225 | +€59,464 | +240.2% |
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 12 October 2026 via checked.be.