HYDRO TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year -€52,634
down €52,634 (-31.1%), from €169,303 to €116,668
of which Trade receivables: -€41,437
- Tangible fixed assets -€16,191
down €16,191 (-27.0%), from €60,006 to €43,815
of which Furniture and vehicles: -€15,843
- Receivables after one year +€11,000
new in 2025: €11,000
- Cash -€10,609
down €10,609 (-58.7%), from €18,086 to €7,477
mainly Trade debts (-€151,012) and Other debts (-€33,006)
- Stocks and contracts +€4,357
up €4,357 (+11.7%), from €37,376 to €41,733
- Trade debts -€151,012
down €151,012 (-60.5%), from €249,469 to €98,457
- Tax, wage and social debts +€106,267
up €106,267 (+451.7%), from €23,527 to €129,794
- Other debts -€33,006
down €33,006 (-99.3%), from €33,235 to €229
- Profit (loss) carried forward +€13,420
up €13,420 (+44.1%), from -€30,452 to -€17,033
- Gross operating margin +€51,448
up €51,448 (+13.2%), from €390,498 to €441,945
- Financial charges +€25,792
up €25,792 (+548.4%), from €4,703 to €30,494
of which Financial charges: +€25,794
- Staff costs -€19,899
down €19,899 (-5.0%), from €401,587 to €381,688
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 | €285,779 | €221,447 | -€64,332 | -22.5% |
| Formation expenses | 20 | €1,008 | €753 | -€255 | -25.3% |
| Fixed assets | 21/28 | €60,006 | €43,815 | -€16,191 | -27.0% |
| Tangible fixed assets | 22/27 | €60,006 | €43,815 | -€16,191 | -27.0% |
| Plant, machinery and equipment | 23 | €1,392 | €1,044 | -€348 | -25.0% |
| Furniture and vehicles | 24 | €58,614 | €42,772 | -€15,843 | -27.0% |
| Current assets | 29/58 | €224,765 | €176,879 | -€47,886 | -21.3% |
| Amounts receivable after more than one year | 29 | - | €11,000 | +€11,000 | |
| Other amounts receivable | 291 | - | €11,000 | +€11,000 | |
| Stocks and contracts in progress | 3 | €37,376 | €41,733 | +€4,357 | +11.7% |
| Stocks | 30/36 | €37,376 | €41,733 | +€4,357 | +11.7% |
| Amounts receivable within one year | 40/41 | €169,303 | €116,668 | -€52,634 | -31.1% |
| Trade receivables | 40 | €156,315 | €114,878 | -€41,437 | -26.5% |
| Other amounts receivable | 41 | €12,988 | €1,791 | -€11,197 | -86.2% |
| Cash at bank and in hand | 54/58 | €18,086 | €7,477 | -€10,609 | -58.7% |
| Total equity and liabilities | 10/49 | €285,779 | €221,447 | -€64,332 | -22.5% |
| Equity | 10/15 | -€20,452 | -€7,033 | +€13,420 | +65.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,452 | -€17,033 | +€13,420 | +44.1% |
| Amounts payable | 17/49 | €306,231 | €228,480 | -€77,751 | -25.4% |
| Amounts payable within one year | 42/48 | €306,231 | €228,480 | -€77,751 | -25.4% |
| Trade debts | 44 | €249,469 | €98,457 | -€151,012 | -60.5% |
| Suppliers | 440/4 | €249,469 | €98,457 | -€151,012 | -60.5% |
| Taxes, remuneration and social security | 45 | €23,527 | €129,794 | +€106,267 | +451.7% |
| Remuneration and social security | 454/9 | €23,527 | €129,794 | +€106,267 | +451.7% |
| Other amounts payable | 47/48 | €33,235 | €229 | -€33,006 | -99.3% |
| Remuneration, social security and pensions | 62 | €401,587 | €381,688 | -€19,899 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,546 | €16,446 | +€3,900 | +31.1% |
| Other operating charges | 640/8 | €867 | - | -€867 | |
| Non-recurring operating charges | 66A | €1,248 | €8 | -€1,240 | -99.4% |
| Gross operating margin | 9900 | €390,498 | €441,945 | +€51,448 | +13.2% |
| Operating profit (loss) | 9901 | -€25,750 | €43,804 | +€69,554 | |
| Financial income | 75/76B | - | €110 | +€110 | |
| Recurring financial income | 75 | - | €110 | +€110 | |
| Financial charges | 65/66B | €4,703 | €30,494 | +€25,792 | +548.4% |
| Recurring financial charges | 65 | €4,700 | €30,494 | +€25,794 | +548.8% |
| Non-recurring financial charges | 66B | €3 | - | -€3 | |
| Profit (loss) for the period before taxes | 9903 | -€30,452 | €13,420 | +€43,872 | |
| Profit (loss) for the period | 9904 | -€30,452 | €13,420 | +€43,872 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,452 | €13,420 | +€43,872 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.