HYDRO - DESIGN: 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.
HYDRO - DESIGN
Largest movements
- Cash +€4,780
up €4,780 (+220.6%), from €2,167 to €6,947
mainly Other debts (+€26,404) and Trade debts (+€16,123)
- Deferred charges and accrued income +€4,410
up €4,410 (+82.6%), from €5,338 to €9,748
- Current portion of long-term debt -€31,721
down €31,721 (-29.1%), from €109,114 to €77,393
- Other debts +€26,404
up €26,404 (+17.5%), from €150,586 to €176,991
- Trade debts +€16,123
up €16,123 (+49.7%), from €32,453 to €48,576
- Gross operating margin -€8,378
down €8,378 (-6.9%), from €120,562 to €112,184
- Staff costs +€4,177
up €4,177 (+4.0%), from €105,313 to €109,490
- Financial charges -€3,476
down €3,476 (-30.7%), from €11,311 to €7,835
- Financial income -€3,309
down €3,309 (-25.3%), from €13,057 to €9,748
of which Non-recurring financial income: -€7,659
- Taxes +€1,320
up €1,320, from €0 to €1,320
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 | €400,922 | €409,681 | +€8,759 | +2.2% |
| Fixed assets | 21/28 | €309 | €309 | = | 0.0% |
| Financial fixed assets | 28 | €309 | €309 | = | 0.0% |
| Current assets | 29/58 | €400,613 | €409,372 | +€8,759 | +2.2% |
| Amounts receivable after more than one year | 29 | €175,000 | €175,000 | = | 0.0% |
| Other amounts receivable | 291 | €175,000 | €175,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €26,486 | €27,944 | +€1,458 | +5.5% |
| Stocks | 30/36 | €26,486 | €27,944 | +€1,458 | +5.5% |
| Amounts receivable within one year | 40/41 | €191,622 | €189,734 | -€1,889 | -1.0% |
| Trade receivables | 40 | €173,996 | €177,292 | +€3,295 | +1.9% |
| Other amounts receivable | 41 | €17,626 | €12,442 | -€5,184 | -29.4% |
| Cash at bank and in hand | 54/58 | €2,167 | €6,947 | +€4,780 | +220.6% |
| Deferred charges and accrued income | 490/1 | €5,338 | €9,748 | +€4,410 | +82.6% |
| Total equity and liabilities | 10/49 | €400,922 | €409,681 | +€8,759 | +2.2% |
| Equity | 10/15 | €58,294 | €60,599 | +€2,305 | +4.0% |
| Contributions | 10/11 | €15,179 | €15,179 | = | 0.0% |
| Reserves | 13 | €11,691 | €11,691 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,394 | €2,394 | = | 0.0% |
| Distributable reserves | 133 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,424 | €33,729 | +€2,305 | +7.3% |
| Amounts payable | 17/49 | €342,628 | €349,082 | +€6,454 | +1.9% |
| Amounts payable within one year | 42/48 | €341,012 | €348,663 | +€7,651 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €109,114 | €77,393 | -€31,721 | -29.1% |
| Trade debts | 44 | €32,453 | €48,576 | +€16,123 | +49.7% |
| Suppliers | 440/4 | €32,453 | €48,576 | +€16,123 | +49.7% |
| Taxes, remuneration and social security | 45 | €48,859 | €45,704 | -€3,155 | -6.5% |
| Taxes | 450/3 | €21,079 | €30,905 | +€9,827 | +46.6% |
| Remuneration and social security | 454/9 | €27,780 | €14,799 | -€12,982 | -46.7% |
| Other amounts payable | 47/48 | €150,586 | €176,991 | +€26,404 | +17.5% |
| Accrued charges and deferred income | 492/3 | €1,615 | €419 | -€1,197 | -74.1% |
| Remuneration, social security and pensions | 62 | €105,313 | €109,490 | +€4,177 | +4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €187 | €127 | -€61 | -32.4% |
| Other operating charges | 640/8 | €154 | €855 | +€701 | +454.4% |
| Gross operating margin | 9900 | €120,562 | €112,184 | -€8,378 | -6.9% |
| Operating profit (loss) | 9901 | €14,908 | €1,712 | -€13,196 | -88.5% |
| Financial income | 75/76B | €13,057 | €9,748 | -€3,309 | -25.3% |
| Recurring financial income | 75 | €5,399 | €9,748 | +€4,350 | +80.6% |
| Non-recurring financial income | 76B | €7,659 | €0 | -€7,659 | -100.0% |
| Financial charges | 65/66B | €11,311 | €7,835 | -€3,476 | -30.7% |
| Recurring financial charges | 65 | €11,311 | €7,835 | -€3,476 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €16,654 | €3,625 | -€13,029 | -78.2% |
| Income taxes | 67/77 | €0 | €1,320 | +€1,320 | |
| Profit (loss) for the period | 9904 | €16,654 | €2,305 | -€14,349 | -86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,654 | €2,305 | -€14,349 | -86.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.