HYDRO PULS SYSTEMS: 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 PULS SYSTEMS
Largest movements
- Financial fixed assets -€191,878
down €191,878 (-33.0%), from €580,706 to €388,827
- Tangible fixed assets +€94,951
up €94,951 (+61.2%), from €155,216 to €250,166
of which Other tangible fixed assets: +€96,564
- Receivables within one year +€10,498
up €10,498 (+36.8%), from €28,500 to €38,998
of which Other amounts receivable: +€6,570
- Profit (loss) carried forward -€162,195
down €162,195 (-25.7%), from -€631,175 to -€793,369
- Trade debts +€38,681
up €38,681 (+636%), from €6,077 to €44,758
- Tax, wage and social debts +€32,046
new in 2024: €32,046
- Other debts +€12,529
up €12,529 (+32.8%), from €38,161 to €50,689
- Debts after one year -€11,017
down €11,017 (-13.0%), from €84,574 to €73,557
- Gross operating margin -€105,154
down €105,154, from €14,736 to -€90,417
- Other operating charges +€12,712
up €12,712 (+683%), from €1,860 to €14,572
- Depreciation +€5,262
up €5,262 (+93.8%), from €5,612 to €10,875
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €765,613 | €679,087 | -€86,525 | -11.3% |
| Fixed assets | 21/28 | €735,921 | €638,994 | -€96,928 | -13.2% |
| Tangible fixed assets | 22/27 | €155,216 | €250,166 | +€94,951 | +61.2% |
| Land and buildings | 22 | €155,216 | €149,603 | -€5,612 | -3.6% |
| Furniture and vehicles | 24 | - | €3,999 | +€3,999 | |
| Other tangible fixed assets | 26 | - | €96,564 | +€96,564 | |
| Financial fixed assets | 28 | €580,706 | €388,827 | -€191,878 | -33.0% |
| Current assets | 29/58 | €29,692 | €40,094 | +€10,402 | +35.0% |
| Amounts receivable within one year | 40/41 | €28,500 | €38,998 | +€10,498 | +36.8% |
| Trade receivables | 40 | €28,500 | €32,428 | +€3,928 | +13.8% |
| Other amounts receivable | 41 | - | €6,570 | +€6,570 | |
| Cash at bank and in hand | 54/58 | €1,177 | €842 | -€335 | -28.4% |
| Deferred charges and accrued income | 490/1 | €15 | €254 | +€239 | +1,611% |
| Total equity and liabilities | 10/49 | €765,613 | €679,087 | -€86,525 | -11.3% |
| Equity | 10/15 | €287,375 | €125,181 | -€162,195 | -56.4% |
| Contributions | 10/11 | €918,550 | €918,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€631,175 | -€793,369 | -€162,195 | -25.7% |
| Provisions and deferred taxes | 16 | €336,018 | €329,226 | -€6,791 | -2.0% |
| Provisions for liabilities and charges | 160/5 | €336,018 | €329,226 | -€6,791 | -2.0% |
| Other liabilities and charges | 164/5 | €336,018 | €329,226 | -€6,791 | -2.0% |
| Amounts payable | 17/49 | €142,220 | €224,680 | +€82,461 | +58.0% |
| Amounts payable after more than one year | 17 | €84,574 | €73,557 | -€11,017 | -13.0% |
| Financial debts | 170/4 | €84,574 | €73,557 | -€11,017 | -13.0% |
| Amounts payable within one year | 42/48 | €55,099 | €138,511 | +€83,412 | +151% |
| Current portion of amounts payable after more than one year | 42 | €10,861 | €11,017 | +€157 | +1.4% |
| Trade debts | 44 | €6,077 | €44,758 | +€38,681 | +636% |
| Suppliers | 440/4 | €6,077 | €44,758 | +€38,681 | +636% |
| Taxes, remuneration and social security | 45 | - | €32,046 | +€32,046 | |
| Taxes | 450/3 | - | €32,046 | +€32,046 | |
| Other amounts payable | 47/48 | €38,161 | €50,689 | +€12,529 | +32.8% |
| Accrued charges and deferred income | 492/3 | €2,547 | €12,612 | +€10,066 | +395% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,612 | €10,875 | +€5,262 | +93.8% |
| Other operating charges | 640/8 | €1,860 | €14,572 | +€12,712 | +683% |
| Non-recurring operating charges | 66A | €253,971 | €20,578 | -€233,392 | -91.9% |
| Gross operating margin | 9900 | €14,736 | -€90,417 | -€105,154 | |
| Operating profit (loss) | 9901 | -€246,707 | -€136,443 | +€110,264 | +44.7% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €25,593 | €25,765 | +€172 | +0.7% |
| Recurring financial charges | 65 | €25,593 | €25,765 | +€172 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€272,300 | -€162,195 | +€110,105 | +40.4% |
| Profit (loss) for the period | 9904 | -€272,300 | -€162,195 | +€110,105 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€272,300 | -€162,195 | +€110,105 | +40.4% |
Source: filed annual accounts (NBB), financial years ended 30 November 2023 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.