HYDRO EXTRUSION EUPEN: 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 EXTRUSION EUPEN
NACE 24.420, Manufacture of basic metals
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.6m
2024 · €511,786-€2.1m
Equity
-€636,267
2024 · €987,708-€1.6m
Cash
€48
2024 · €151-€103
Balance sheet total
€3.2m
2024 · €2.9m+€244,835
Largest movements
Assets
- Tangible fixed assets +€575,731
up €575,731 (+59.0%), from €975,225 to €1.6m
of which Plant, machinery and equipment: +€560,472
- Receivables within one year -€404,104
down €404,104 (-35.4%), from €1.1m to €738,485
of which Trade receivables: -€384,182
- Intangible fixed assets +€230,071
new in 2025: €230,071
- Stocks and contracts -€156,759
down €156,759 (-19.2%), from €816,412 to €659,653
of which Stocks: -€107,226
Equity and liabilities
- Short-term financial debts +€1.8m
up €1.8m (+305%), from €587,787 to €2.4m
- Profit (loss) carried forward -€1.6m
down €1.6m (-49.8%), from -€3.3m to -€4.9m
- Trade debts +€151,863
up €151,863 (+19.5%), from €777,700 to €929,563
- Accrued charges and deferred income +€120,080
up €120,080 (+487%), from €24,652 to €144,732
- Provisions -€120,000
no longer reported in 2025 (was €120,000)
Income statement
- Turnover -€3.3m
down €3.3m (-41.3%), from €7.9m to €4.6m
- Goods and materials -€837,451
down €837,451 (-34.2%), from €2.4m to €1.6m
of which Purchases: -€845,075
- Staff costs -€711,249
down €711,249 (-19.4%), from €3.7m to €3.0m
- Services and other goods -€194,853
down €194,853 (-7.7%), from €2.5m to €2.3m
- Other operating income -€167,873
down €167,873 (-20.6%), from €816,222 to €648,349
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
€511,786
Turnover
-€3.3m
Other operating income
-€167,873
Goods and materials
+€837,451
Services and other goods
+€194,853
Staff costs
+€711,249
Depreciation
-€8,527
Write-downs
+€14,221
Provisions
-€147,000
Other operating charges
-€18,955
Other operating items
-€288,325
Financial income
-€281
Financial charges
-€1,508
Taxes
+€47
Result 2025
-€1.6m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
-€956,497
Investment
-€835,957
Financing
+€1.8m
Cash 2024
€151
From operations (derived)
-€956,497
Net result for the year
-€1.6m
Depreciation
+€30,155
Stocks and contracts
+€156,759
Receivables within one year
+€404,104
Provisions
-€120,000
Trade debts
+€151,863
Tax, wage and social debts
-€75,483
Accrued charges and deferred income
+€120,080
Investment (derived)
-€835,957
Investment in fixed assets (net)
-€835,957
Financing
+€1.8m
Short-term financial debts
+€1.8m
Cash 2025
€48
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,934,946 | €3,179,781 | +€244,835 | +8.3% |
| Fixed assets | 21/28 | €975,794 | €1,781,596 | +€805,802 | +82.6% |
| Intangible fixed assets | 21 | - | €230,071 | +€230,071 | |
| Tangible fixed assets | 22/27 | €975,225 | €1,550,955 | +€575,731 | +59.0% |
| Land and buildings | 22 | €953,162 | €934,066 | -€19,096 | -2.0% |
| Plant, machinery and equipment | 23 | €4,754 | €565,226 | +€560,472 | +11,789% |
| Furniture and vehicles | 24 | €17,308 | €51,663 | +€34,355 | +198% |
| Financial fixed assets | 28 | €569 | €569 | = | 0.0% |
| Other financial fixed assets | 284/8 | €569 | €569 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €569 | €569 | = | 0.0% |
| Current assets | 29/58 | €1,959,152 | €1,398,185 | -€560,967 | -28.6% |
| Stocks and contracts in progress | 3 | €816,412 | €659,653 | -€156,759 | -19.2% |
| Stocks | 30/36 | €629,672 | €522,447 | -€107,226 | -17.0% |
| Raw materials and consumables | 30/31 | €483,872 | €376,938 | -€106,934 | -22.1% |
| Finished goods | 33 | €145,800 | €145,509 | -€291 | -0.2% |
| Contracts in progress | 37 | €186,740 | €137,206 | -€49,534 | -26.5% |
| Amounts receivable within one year | 40/41 | €1,142,588 | €738,485 | -€404,104 | -35.4% |
| Trade receivables | 40 | €1,038,064 | €653,882 | -€384,182 | -37.0% |
| Other amounts receivable | 41 | €104,524 | €84,602 | -€19,922 | -19.1% |
| Cash at bank and in hand | 54/58 | €151 | €48 | -€103 | -68.4% |
| Total equity and liabilities | 10/49 | €2,934,946 | €3,179,781 | +€244,835 | +8.3% |
| Equity | 10/15 | €987,708 | -€636,267 | -€1.6m | |
| Contributions | 10/11 | €4,250,000 | €4,250,000 | = | 0.0% |
| Capital | 10 | €4,250,000 | €4,250,000 | = | 0.0% |
| Issued capital | 100 | €4,250,000 | €4,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,262,292 | -€4,886,267 | -€1.6m | -49.8% |
| Provisions and deferred taxes | 16 | €120,000 | - | -€120,000 | |
| Provisions for liabilities and charges | 160/5 | €120,000 | - | -€120,000 | |
| Major repairs and maintenance | 162 | €120,000 | - | -€120,000 | |
| Amounts payable | 17/49 | €1,827,237 | €3,816,048 | +€2.0m | +109% |
| Amounts payable within one year | 42/48 | €1,802,585 | €3,671,316 | +€1.9m | +104% |
| Financial debts | 43 | €587,787 | €2,380,137 | +€1.8m | +305% |
| Credit institutions | 430/8 | €587,787 | €2,380,137 | +€1.8m | +305% |
| Trade debts | 44 | €777,700 | €929,563 | +€151,863 | +19.5% |
| Suppliers | 440/4 | €777,700 | €929,563 | +€151,863 | +19.5% |
| Taxes, remuneration and social security | 45 | €437,098 | €361,615 | -€75,483 | -17.3% |
| Remuneration and social security | 454/9 | €437,098 | €361,615 | -€75,483 | -17.3% |
| Accrued charges and deferred income | 492/3 | €24,652 | €144,732 | +€120,080 | +487% |
| Operating income | 70/76A | €8,953,252 | €5,235,941 | -€3.7m | -41.5% |
| Turnover | 70 | €7,898,530 | €4,637,416 | -€3.3m | -41.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €113,500 | -€49,825 | -€163,325 | |
| Other operating income | 74 | €816,222 | €648,349 | -€167,873 | -20.6% |
| Non-recurring operating income | 76A | €125,000 | - | -€125,000 | |
| Operating charges | 60/66A | €8,405,353 | €6,822,060 | -€1.6m | -18.8% |
| Goods for resale, raw materials and consumables | 60 | €2,448,168 | €1,610,717 | -€837,451 | -34.2% |
| Purchases | 600/8 | €2,334,635 | €1,489,561 | -€845,075 | -36.2% |
| Change in stocks: decrease (increase) | 609 | €113,532 | €121,156 | +€7,624 | +6.7% |
| Services and other goods | 61 | €2,532,178 | €2,337,325 | -€194,853 | -7.7% |
| Remuneration, social security and pensions | 62 | €3,667,134 | €2,955,885 | -€711,249 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,628 | €30,155 | +€8,527 | +39.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€14,221 | -€14,221 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€267,000 | -€120,000 | +€147,000 | +55.1% |
| Other operating charges | 640/8 | €3,245 | €22,200 | +€18,955 | +584% |
| Operating profit (loss) | 9901 | €547,899 | -€1,586,120 | -€2.1m | |
| Financial income | 75/76B | €2,000 | €1,719 | -€281 | -14.0% |
| Recurring financial income | 75 | €2,000 | €1,719 | -€281 | -14.0% |
| Income from current assets | 751 | €2,000 | - | -€2,000 | |
| Other financial income | 752/9 | - | €1,719 | +€1,719 | |
| Financial charges | 65/66B | €37,294 | €38,802 | +€1,508 | +4.0% |
| Recurring financial charges | 65 | €37,294 | €38,802 | +€1,508 | +4.0% |
| Debt charges | 650 | €4,384 | €35,260 | +€30,876 | +704% |
| Other financial charges | 652/9 | €32,910 | €3,542 | -€29,368 | -89.2% |
| Profit (loss) for the period before taxes | 9903 | €512,604 | -€1,623,203 | -€2.1m | |
| Income taxes | 67/77 | €819 | €772 | -€47 | -5.7% |
| Taxes | 670/3 | €819 | €772 | -€47 | -5.7% |
| Profit (loss) for the period | 9904 | €511,786 | -€1,623,975 | -€2.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €511,786 | -€1,623,975 | -€2.1m |
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 17 October 2026 via checked.be.