HYDRO PLUS: 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 PLUS
Largest movements
- Receivables within one year +€16,978
up €16,978 (+14.4%), from €118,061 to €135,039
of which Trade receivables: +€16,831
- Profit (loss) carried forward +€26,982
up €26,982 (+43.9%), from €61,399 to €88,381
- Trade debts -€22,456
down €22,456 (-70.8%), from €31,734 to €9,279
- Accrued charges and deferred income +€6,369
new in 2025: €6,369
- Tax, wage and social debts +€5,621
up €5,621 (+52.8%), from €10,649 to €16,270
- Gross operating margin +€9,714
up €9,714 (+44.3%), from €21,937 to €31,651
- Taxes +€4,732
up €4,732 (+82.0%), from €5,769 to €10,501
- Financial income +€2,025
up €2,025 (+39.6%), from €5,110 to €7,136
- Other operating charges -€470
down €470 (-37.7%), from €1,246 to €776
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 | €118,922 | €135,438 | +€16,516 | +13.9% |
| Fixed assets | 21/28 | €572 | €352 | -€220 | -38.5% |
| Tangible fixed assets | 22/27 | €487 | €267 | -€220 | -45.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €487 | €267 | -€220 | -45.2% |
| Financial fixed assets | 28 | €85 | €85 | = | 0.0% |
| Current assets | 29/58 | €118,350 | €135,086 | +€16,736 | +14.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €118,061 | €135,039 | +€16,978 | +14.4% |
| Trade receivables | 40 | €595 | €17,427 | +€16,831 | +2826.5% |
| Other amounts receivable | 41 | €117,466 | €117,612 | +€146 | +0.1% |
| Cash at bank and in hand | 54/58 | €289 | €47 | -€242 | -83.7% |
| Total equity and liabilities | 10/49 | €118,922 | €135,438 | +€16,516 | +13.9% |
| Equity | 10/15 | €75,039 | €102,021 | +€26,982 | +36.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,399 | €88,381 | +€26,982 | +43.9% |
| Amounts payable | 17/49 | €43,883 | €33,417 | -€10,466 | -23.8% |
| Amounts payable within one year | 42/48 | €43,883 | €27,048 | -€16,835 | -38.4% |
| Trade debts | 44 | €31,734 | €9,279 | -€22,456 | -70.8% |
| Suppliers | 440/4 | €31,734 | €9,279 | -€22,456 | -70.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,649 | €16,270 | +€5,621 | +52.8% |
| Taxes | 450/3 | €10,649 | €16,270 | +€5,621 | +52.8% |
| Other amounts payable | 47/48 | €1,500 | €1,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €6,369 | +€6,369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €354 | €220 | -€134 | -37.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,246 | €776 | -€470 | -37.7% |
| Gross operating margin | 9900 | €21,937 | €31,651 | +€9,714 | +44.3% |
| Operating profit (loss) | 9901 | €20,337 | €30,655 | +€10,318 | +50.7% |
| Financial income | 75/76B | €5,110 | €7,136 | +€2,025 | +39.6% |
| Recurring financial income | 75 | €5,110 | €7,136 | +€2,025 | +39.6% |
| Financial charges | 65/66B | €138 | €308 | +€170 | +123.5% |
| Recurring financial charges | 65 | €138 | €308 | +€170 | +123.5% |
| Profit (loss) for the period before taxes | 9903 | €25,310 | €37,483 | +€12,173 | +48.1% |
| Income taxes | 67/77 | €5,769 | €10,501 | +€4,732 | +82.0% |
| Profit (loss) for the period | 9904 | €19,541 | €26,982 | +€7,441 | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,541 | €26,982 | +€7,441 | +38.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.