HYDRO JET: 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 JET
Largest movements
- Cash +€156,959
up €156,959 (+24.1%), from €650,847 to €807,805
mainly Net result for the year (+€137,070) and Depreciation (+€122,812)
- Tangible fixed assets -€26,291
down €26,291 (-3.6%), from €721,536 to €695,244
of which Land and buildings: -€45,139
- Receivables within one year +€22,597
up €22,597 (+29.4%), from €76,754 to €99,351
of which Trade receivables: +€20,614
- Reserves +€137,070
up €137,070 (+24.7%), from €554,859 to €691,929
of which Distributable reserves: +€137,070
- Tax, wage and social debts +€24,943
up €24,943 (+105%), from €23,678 to €48,622
of which Taxes: +€27,373
- Gross operating margin +€38,495
up €38,495 (+10.8%), from €357,878 to €396,373
- Staff costs -€25,371
down €25,371 (-30.9%), from €82,148 to €56,777
- Taxes +€16,340
up €16,340 (+37.7%), from €43,345 to €59,685
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,455,930 | €1,602,401 | +€146,471 | +10.1% |
| Fixed assets | 21/28 | €728,329 | €695,244 | -€33,084 | -4.5% |
| Tangible fixed assets | 22/27 | €721,536 | €695,244 | -€26,291 | -3.6% |
| Land and buildings | 22 | €478,871 | €433,732 | -€45,139 | -9.4% |
| Plant, machinery and equipment | 23 | €64,165 | €107,306 | +€43,141 | +67.2% |
| Furniture and vehicles | 24 | €178,500 | €154,206 | -€24,293 | -13.6% |
| Financial fixed assets | 28 | €6,793 | - | -€6,793 | |
| Current assets | 29/58 | €727,601 | €907,156 | +€179,555 | +24.7% |
| Amounts receivable within one year | 40/41 | €76,754 | €99,351 | +€22,597 | +29.4% |
| Trade receivables | 40 | €69,364 | €89,977 | +€20,614 | +29.7% |
| Other amounts receivable | 41 | €7,391 | €9,374 | +€1,983 | +26.8% |
| Cash at bank and in hand | 54/58 | €650,847 | €807,805 | +€156,959 | +24.1% |
| Total equity and liabilities | 10/49 | €1,455,930 | €1,602,401 | +€146,471 | +10.1% |
| Equity | 10/15 | €1,360,789 | €1,497,858 | +€137,070 | +10.1% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Contributions outside capital | 11 | €12,395 | €12,395 | = | 0.0% |
| Other | 1109/19 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €554,859 | €691,929 | +€137,070 | +24.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €528,000 | €665,070 | +€137,070 | +26.0% |
| Profit (loss) carried forward | 14 | €793,535 | €793,535 | = | 0.0% |
| Amounts payable | 17/49 | €95,141 | €104,542 | +€9,401 | +9.9% |
| Amounts payable after more than one year | 17 | €41,982 | €26,793 | -€15,189 | -36.2% |
| Financial debts | 170/4 | €41,982 | €26,793 | -€15,189 | -36.2% |
| Amounts payable within one year | 42/48 | €53,159 | €77,749 | +€24,590 | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €14,557 | €15,189 | +€632 | +4.3% |
| Trade debts | 44 | €14,923 | €13,939 | -€985 | -6.6% |
| Suppliers | 440/4 | €14,923 | €13,939 | -€985 | -6.6% |
| Taxes, remuneration and social security | 45 | €23,678 | €48,622 | +€24,943 | +105% |
| Taxes | 450/3 | €16,231 | €43,604 | +€27,373 | +169% |
| Remuneration and social security | 454/9 | €7,447 | €5,017 | -€2,430 | -32.6% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €82,148 | €56,777 | -€25,371 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,226 | €122,812 | +€3,586 | +3.0% |
| Other operating charges | 640/8 | €10,468 | €11,226 | +€758 | +7.2% |
| Non-recurring operating charges | 66A | - | €6,793 | +€6,793 | |
| Gross operating margin | 9900 | €357,878 | €396,373 | +€38,495 | +10.8% |
| Operating profit (loss) | 9901 | €146,035 | €198,766 | +€52,730 | +36.1% |
| Financial income | 75/76B | €1,142 | €951 | -€191 | -16.7% |
| Recurring financial income | 75 | €1,142 | €951 | -€191 | -16.7% |
| Financial charges | 65/66B | €3,834 | €2,961 | -€873 | -22.8% |
| Recurring financial charges | 65 | €3,834 | €2,961 | -€873 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €143,343 | €196,755 | +€53,412 | +37.3% |
| Income taxes | 67/77 | €43,345 | €59,685 | +€16,340 | +37.7% |
| Profit (loss) for the period | 9904 | €99,998 | €137,070 | +€37,072 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €99,998 | €137,070 | +€37,072 | +37.1% |
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 24 October 2026 via checked.be.