HYDRIA: 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.
What changed
HYDRIA
NACE 36.000, Water collection, treatment and supply
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€333,989
2024 · €494,067-€160,078
Equity
€178.7m
2024 · €178.3m+€333,989
Cash
€15.3m
2024 · €7.4m+€7.9m
Balance sheet total
€300.6m
2024 · €308.3m-€7.7m
Largest movements
Assets
- Tangible fixed assets -€11.8m
down €11.8m (-5.4%), from €218.7m to €206.9m
of which Land and buildings: -€13.8m
- Cash +€7.9m
up €7.9m (+105.6%), from €7.4m to €15.3m
mainly Depreciation (+€14.9m) and Deferred charges and accrued income (+€3.5m)
- Deferred charges and accrued income -€3.5m
down €3.5m (-28.2%), from €12.4m to €8.9m
Equity and liabilities
- Debts after one year -€9.2m
down €9.2m (-15.2%), from €60.3m to €51.1m
Income statement
- Services and other goods -€521,185
down €521,185 (-6.9%), from €7.6m to €7.1m
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.
Result 2024
€494,067
Turnover
-€448,673
Other operating income
+€2,178
Goods and materials
-€192,825
Services and other goods
+€521,185
Staff costs
-€189,879
Depreciation
-€307,102
Other operating charges
-€2,244
Other operating items
+€216,865
Financial income
-€46,567
Financial charges
+€288,891
Taxes
-€1,908
Result 2025
€333,989
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.
From operations
+€18.6m
Investment
-€1.8m
Financing
-€8.9m
Cash 2024
€7.4m
From operations (derived)
+€18.6m
Net result for the year
+€333,989
Depreciation
+€14.9m
Stocks and contracts
-€277,173
Receivables within one year
-€762,250
Deferred charges and accrued income
+€3.5m
Trade debts
-€586,498
Tax, wage and social debts
+€222,741
Accrued charges and deferred income
+€1.2m
Investment (derived)
-€1.8m
Investment in fixed assets (net)
-€4.1m
Current investments
+€2.3m
Financing
-€8.9m
Debts after one year
-€9.2m
Current portion of long-term debt
+€276,338
Cash 2025
€15.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €308,262,196 | €300,554,368 | -€7.7m | -2.5% |
| Fixed assets | 21/28 | €220,075,696 | €209,256,177 | -€10.8m | -4.9% |
| Intangible fixed assets | 21 | €1,396,704 | €2,378,272 | +€981,568 | +70.3% |
| Tangible fixed assets | 22/27 | €218,669,814 | €206,868,727 | -€11.8m | -5.4% |
| Land and buildings | 22 | €212,155,434 | €198,386,130 | -€13.8m | -6.5% |
| Plant, machinery and equipment | 23 | €5,053,292 | €5,132,456 | +€79,163 | +1.6% |
| Furniture and vehicles | 24 | €195,142 | €240,873 | +€45,731 | +23.4% |
| Assets under construction and advance payments | 27 | €1,265,946 | €3,109,268 | +€1.8m | +145.6% |
| Financial fixed assets | 28 | €9,178 | €9,178 | = | 0.0% |
| Other financial fixed assets | 284/8 | €9,178 | €9,178 | = | 0.0% |
| Shares | 284 | €8,603 | €8,603 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €575 | €575 | = | 0.0% |
| Current assets | 29/58 | €88,186,500 | €91,298,191 | +€3.1m | +3.5% |
| Stocks and contracts in progress | 3 | €659,673 | €936,846 | +€277,173 | +42.0% |
| Stocks | 30/36 | €659,673 | €936,846 | +€277,173 | +42.0% |
| Goods purchased for resale | 34 | €659,673 | €936,846 | +€277,173 | +42.0% |
| Amounts receivable within one year | 40/41 | €13,732,391 | €14,494,641 | +€762,250 | +5.6% |
| Trade receivables | 40 | €4,368,704 | €8,382,858 | +€4.0m | +91.9% |
| Other amounts receivable | 41 | €9,363,687 | €6,111,782 | -€3.3m | -34.7% |
| Current investments | 50/53 | €54,000,240 | €51,700,240 | -€2.3m | -4.3% |
| Other investments | 51/53 | €54,000,240 | €51,700,240 | -€2.3m | -4.3% |
| Cash at bank and in hand | 54/58 | €7,435,545 | €15,287,796 | +€7.9m | +105.6% |
| Deferred charges and accrued income | 490/1 | €12,358,652 | €8,878,669 | -€3.5m | -28.2% |
| Total equity and liabilities | 10/49 | €308,262,196 | €300,554,368 | -€7.7m | -2.5% |
| Equity | 10/15 | €178,347,633 | €178,681,621 | +€333,989 | +0.2% |
| Contributions | 10/11 | €182,194,633 | €182,194,633 | = | 0.0% |
| Capital | 10 | €182,194,633 | €182,194,633 | = | 0.0% |
| Issued capital | 100 | €182,194,633 | €182,194,633 | = | 0.0% |
| Reserves | 13 | €271,171 | €271,171 | = | 0.0% |
| Non-distributable reserves | 130/1 | €271,171 | €271,171 | = | 0.0% |
| Legal reserve | 130 | €271,171 | €271,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,118,172 | -€3,784,183 | +€333,989 | +8.1% |
| Amounts payable | 17/49 | €129,914,564 | €121,872,747 | -€8.0m | -6.2% |
| Amounts payable after more than one year | 17 | €60,290,586 | €51,099,160 | -€9.2m | -15.2% |
| Financial debts | 170/4 | €60,290,586 | €51,099,160 | -€9.2m | -15.2% |
| Credit institutions | 173 | €60,290,586 | €51,099,160 | -€9.2m | -15.2% |
| Amounts payable within one year | 42/48 | €42,484,915 | €42,397,496 | -€87,419 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €8,915,088 | €9,191,425 | +€276,338 | +3.1% |
| Trade debts | 44 | €32,993,680 | €32,407,183 | -€586,498 | -1.8% |
| Suppliers | 440/4 | €32,989,501 | €32,402,203 | -€587,298 | -1.8% |
| Bills of exchange payable | 441 | €4,179 | €4,980 | +€801 | +19.2% |
| Taxes, remuneration and social security | 45 | €576,147 | €798,888 | +€222,741 | +38.7% |
| Taxes | 450/3 | €135,346 | €212,701 | +€77,355 | +57.2% |
| Remuneration and social security | 454/9 | €440,801 | €586,187 | +€145,386 | +33.0% |
| Accrued charges and deferred income | 492/3 | €27,139,063 | €28,376,090 | +€1.2m | +4.6% |
| Operating income | 70/76A | €84,184,768 | €83,955,114 | -€229,654 | -0.3% |
| Turnover | 70 | €45,495,998 | €45,047,324 | -€448,673 | -1.0% |
| Other operating income | 74 | €38,621,799 | €38,623,977 | +€2,178 | 0.0% |
| Non-recurring operating income | 76A | €66,971 | €283,812 | +€216,842 | +323.8% |
| Operating charges | 60/66A | €83,130,600 | €83,301,441 | +€170,840 | +0.2% |
| Goods for resale, raw materials and consumables | 60 | €52,728,106 | €52,920,931 | +€192,825 | +0.4% |
| Purchases | 600/8 | €52,798,836 | €53,198,104 | +€399,268 | +0.8% |
| Change in stocks: decrease (increase) | 609 | -€70,730 | -€277,173 | -€206,443 | -291.9% |
| Services and other goods | 61 | €7,583,344 | €7,062,159 | -€521,185 | -6.9% |
| Remuneration, social security and pensions | 62 | €8,138,467 | €8,328,346 | +€189,879 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,640,168 | €14,947,270 | +€307,102 | +2.1% |
| Other operating charges | 640/8 | €40,490 | €42,734 | +€2,244 | +5.5% |
| Non-recurring operating charges | 66A | €24 | - | -€24 | |
| Operating profit (loss) | 9901 | €1,054,167 | €653,674 | -€400,494 | -38.0% |
| Financial income | 75/76B | €968,794 | €922,227 | -€46,567 | -4.8% |
| Recurring financial income | 75 | €968,794 | €922,227 | -€46,567 | -4.8% |
| Income from financial fixed assets | 750 | €40,243 | €51,179 | +€10,935 | +27.2% |
| Other financial income | 752/9 | €928,550 | €871,048 | -€57,502 | -6.2% |
| Financial charges | 65/66B | €1,525,518 | €1,236,627 | -€288,891 | -18.9% |
| Recurring financial charges | 65 | €1,525,518 | €1,236,627 | -€288,891 | -18.9% |
| Debt charges | 650 | €1,517,495 | €1,231,495 | -€286,000 | -18.8% |
| Other financial charges | 652/9 | €8,023 | €5,132 | -€2,891 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €497,443 | €339,273 | -€158,170 | -31.8% |
| Income taxes | 67/77 | €3,375 | €5,284 | +€1,908 | +56.5% |
| Taxes | 670/3 | €3,674 | €5,284 | +€1,610 | +43.8% |
| Tax adjustments and reversals of tax provisions | 77 | €298 | - | -€298 | |
| Profit (loss) for the period | 9904 | €494,067 | €333,989 | -€160,078 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €494,067 | €333,989 | -€160,078 | -32.4% |
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 30 September 2026 via checked.be.