HyDro B: 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.
HyDro B
Largest movements
- Receivables within one year +€26,505
up €26,505 (+12.6%), from €209,950 to €236,455
of which Other amounts receivable: +€21,705
- Cash +€20,196
up €20,196 (+7.9%), from €254,549 to €274,744
mainly Net result for the year (+€25,941) and Trade debts (+€20,781)
- Profit (loss) carried forward +€25,941
up €25,941 (+3.5%), from €750,944 to €776,886
- Trade debts +€20,781
up €20,781 (+28.1%), from €74,035 to €94,817
- Financial income -€68,343
down €68,343 (-94.8%), from €72,118 to €3,776
- Gross operating margin +€15,324
up €15,324 (+13.2%), from €116,186 to €131,509
- Staff costs +€7,260
up €7,260 (+7.4%), from €97,574 to €104,834
- Financial charges +€2,107
up €2,107 (+262.8%), from €802 to €2,909
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 | €1,360,440 | €1,407,146 | +€46,705 | +3.4% |
| Fixed assets | 21/28 | €895,477 | €895,946 | +€469 | +0.1% |
| Financial fixed assets | 28 | €895,477 | €895,946 | +€469 | +0.1% |
| Current assets | 29/58 | €464,963 | €511,199 | +€46,236 | +9.9% |
| Amounts receivable within one year | 40/41 | €209,950 | €236,455 | +€26,505 | +12.6% |
| Trade receivables | 40 | €92,021 | €96,821 | +€4,800 | +5.2% |
| Other amounts receivable | 41 | €117,929 | €139,634 | +€21,705 | +18.4% |
| Cash at bank and in hand | 54/58 | €254,549 | €274,744 | +€20,196 | +7.9% |
| Deferred charges and accrued income | 490/1 | €465 | €0 | -€465 | -100.0% |
| Total equity and liabilities | 10/49 | €1,360,440 | €1,407,146 | +€46,705 | +3.4% |
| Equity | 10/15 | €1,234,557 | €1,260,499 | +€25,941 | +2.1% |
| Contributions | 10/11 | €449,506 | €449,506 | = | 0.0% |
| Capital | 10 | €449,506 | €449,506 | = | 0.0% |
| Issued capital | 100 | €449,506 | €449,506 | = | 0.0% |
| Reserves | 13 | €34,107 | €34,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,107 | €34,107 | = | 0.0% |
| Legal reserve | 130 | €34,107 | €34,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | €750,944 | €776,886 | +€25,941 | +3.5% |
| Amounts payable | 17/49 | €125,883 | €146,647 | +€20,764 | +16.5% |
| Amounts payable within one year | 42/48 | €125,273 | €146,647 | +€21,373 | +17.1% |
| Trade debts | 44 | €74,035 | €94,817 | +€20,781 | +28.1% |
| Suppliers | 440/4 | €74,035 | €94,817 | +€20,781 | +28.1% |
| Taxes, remuneration and social security | 45 | €4,659 | €5,251 | +€592 | +12.7% |
| Taxes | 450/3 | €1,046 | €0 | -€1,046 | -100.0% |
| Remuneration and social security | 454/9 | €3,613 | €5,251 | +€1,638 | +45.3% |
| Other amounts payable | 47/48 | €46,579 | €46,579 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €609 | €0 | -€609 | -100.0% |
| Remuneration, social security and pensions | 62 | €97,574 | €104,834 | +€7,260 | +7.4% |
| Other operating charges | 640/8 | €1,074 | €1,105 | +€31 | +2.9% |
| Gross operating margin | 9900 | €116,186 | €131,509 | +€15,324 | +13.2% |
| Operating profit (loss) | 9901 | €17,538 | €25,571 | +€8,032 | +45.8% |
| Financial income | 75/76B | €72,118 | €3,776 | -€68,343 | -94.8% |
| Recurring financial income | 75 | €72,118 | €3,776 | -€68,343 | -94.8% |
| Financial charges | 65/66B | €802 | €2,909 | +€2,107 | +262.8% |
| Recurring financial charges | 65 | €802 | €2,909 | +€2,107 | +262.8% |
| Profit (loss) for the period before taxes | 9903 | €88,855 | €26,438 | -€62,417 | -70.2% |
| Income taxes | 67/77 | €24 | €496 | +€473 | +2008.9% |
| Profit (loss) for the period | 9904 | €88,831 | €25,941 | -€62,890 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €88,831 | €25,941 | -€62,890 | -70.8% |
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 5 October 2026 via checked.be.