HYDRO EQUIPEMENT: 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.
What changed
HYDRO EQUIPEMENT
NACE 46.711, Wholesale of cars and light vans (up to 3.5 tonnes)
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€709
2023 · €5,121-€4,412
Equity
€165,053
2023 · €164,343+€709
Cash
€21,033
2023 · €23,568-€2,535
Balance sheet total
€389,760
2023 · €427,935-€38,175
Largest movements
Assets
- Stocks and contracts -€28,654
down €28,654 (-8.1%), from €351,618 to €322,964
- Tangible fixed assets -€10,190
down €10,190 (-28.6%), from €35,567 to €25,377
Equity and liabilities
- Short-term financial debts -€25,000
down €25,000 (-35.7%), from €70,000 to €45,000
- Trade debts -€9,368
down €9,368 (-47.1%), from €19,868 to €10,501
- Debts after one year -€7,302
down €7,302 (-14.3%), from €50,921 to €43,619
- Other debts +€5,410
up €5,410 (+5.6%), from €96,784 to €102,194
Income statement
- Gross operating margin -€7,437
down €7,437 (-25.8%), from €28,793 to €21,356
- Taxes -€1,962
down €1,962 (-83.9%), from €2,338 to €376
- Financial charges -€1,115
down €1,115 (-14.5%), from €7,673 to €6,557
From the 2023 result to the 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.
Result 2023
€5,121
Gross operating margin
-€7,437
Other operating charges
-€65
Financial income
+€12
Financial charges
+€1,115
Taxes
+€1,962
Result 2024
€709
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€30,278
Investment
€0
Financing
-€32,813
Cash 2023
€23,568
From operations (derived)
+€30,278
Net result for the year
+€709
Depreciation
+€10,190
Stocks and contracts
+€28,654
Receivables within one year
-€3,810
Deferred charges and accrued income
+€607
Trade debts
-€9,368
Tax, wage and social debts
-€2,613
Advances received
+€500
Other debts
+€5,410
Accrued charges and deferred income
-€1
Financing
-€32,813
Debts after one year
-€7,302
Current portion of long-term debt
-€511
Short-term financial debts
-€25,000
Cash 2024
€21,033
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €427,935 | €389,760 | -€38,175 | -8.9% |
| Fixed assets | 21/28 | €35,567 | €25,377 | -€10,190 | -28.6% |
| Tangible fixed assets | 22/27 | €35,567 | €25,377 | -€10,190 | -28.6% |
| Furniture and vehicles | 24 | €35,567 | €25,377 | -€10,190 | -28.6% |
| Current assets | 29/58 | €392,368 | €364,383 | -€27,985 | -7.1% |
| Stocks and contracts in progress | 3 | €351,618 | €322,964 | -€28,654 | -8.1% |
| Stocks | 30/36 | €351,618 | €322,964 | -€28,654 | -8.1% |
| Amounts receivable within one year | 40/41 | €16,000 | €19,810 | +€3,810 | +23.8% |
| Trade receivables | 40 | €16,000 | €19,600 | +€3,600 | +22.5% |
| Other amounts receivable | 41 | €0 | €210 | +€210 | |
| Cash at bank and in hand | 54/58 | €23,568 | €21,033 | -€2,535 | -10.8% |
| Deferred charges and accrued income | 490/1 | €1,182 | €575 | -€607 | -51.4% |
| Total equity and liabilities | 10/49 | €427,935 | €389,760 | -€38,175 | -8.9% |
| Equity | 10/15 | €164,343 | €165,053 | +€709 | +0.4% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €114,765 | €115,474 | +€709 | +0.6% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €109,807 | €110,516 | +€709 | +0.6% |
| Amounts payable | 17/49 | €263,592 | €224,707 | -€38,885 | -14.8% |
| Amounts payable after more than one year | 17 | €50,921 | €43,619 | -€7,302 | -14.3% |
| Financial debts | 170/4 | €50,921 | €43,619 | -€7,302 | -14.3% |
| Amounts payable within one year | 42/48 | €211,160 | €179,579 | -€31,581 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €7,813 | €7,302 | -€511 | -6.5% |
| Financial debts | 43 | €70,000 | €45,000 | -€25,000 | -35.7% |
| Credit institutions | 430/8 | €70,000 | €45,000 | -€25,000 | -35.7% |
| Trade debts | 44 | €19,868 | €10,501 | -€9,368 | -47.1% |
| Suppliers | 440/4 | €19,868 | €10,501 | -€9,368 | -47.1% |
| Advances received on contracts in progress | 46 | €9,500 | €10,000 | +€500 | +5.3% |
| Taxes, remuneration and social security | 45 | €7,195 | €4,581 | -€2,613 | -36.3% |
| Taxes | 450/3 | €5,886 | €3,248 | -€2,638 | -44.8% |
| Remuneration and social security | 454/9 | €1,309 | €1,333 | +€24 | +1.8% |
| Other amounts payable | 47/48 | €96,784 | €102,194 | +€5,410 | +5.6% |
| Accrued charges and deferred income | 492/3 | €1,510 | €1,509 | -€1 | -0.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,190 | €10,190 | = | 0.0% |
| Other operating charges | 640/8 | €3,473 | €3,538 | +€65 | +1.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €28,793 | €21,356 | -€7,437 | -25.8% |
| Operating profit (loss) | 9901 | €15,130 | €7,629 | -€7,501 | -49.6% |
| Financial income | 75/76B | €1 | €13 | +€12 | +1,225% |
| Recurring financial income | 75 | €1 | €13 | +€12 | +1,225% |
| Financial charges | 65/66B | €7,673 | €6,557 | -€1,115 | -14.5% |
| Recurring financial charges | 65 | €7,673 | €6,557 | -€1,115 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €7,459 | €1,085 | -€6,374 | -85.5% |
| Income taxes | 67/77 | €2,338 | €376 | -€1,962 | -83.9% |
| Profit (loss) for the period | 9904 | €5,121 | €709 | -€4,412 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,121 | €709 | -€4,412 | -86.1% |
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 15 October 2026 via checked.be.