HYDRO - TECHNOLOGY: 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 - TECHNOLOGY
Largest movements
- Receivables within one year -€53,382
down €53,382 (-20.0%), from €266,514 to €213,132
- Cash +€22,581
up €22,581 (+108.4%), from €20,833 to €43,414
mainly Receivables within one year (+€53,382) and Depreciation (+€1,709)
- Tangible fixed assets +€5,891
up €5,891 (+2550.2%), from €231 to €6,122
- Trade debts -€21,277
down €21,277 (-62.9%), from €33,800 to €12,523
- Depreciation +€1,478
up €1,478 (+639.8%), from €231 to €1,709
- Other operating charges +€191
up €191 (+33.7%), from €566 to €757
- Financial charges -€138
down €138 (-70.4%), from €196 to €58
- Gross operating margin -€134
down €134 (-3.4%), from €3,971 to €3,837
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 | €407,201 | €382,291 | -€24,910 | -6.1% |
| Fixed assets | 21/28 | €231 | €6,122 | +€5,891 | +2550.2% |
| Tangible fixed assets | 22/27 | €231 | €6,122 | +€5,891 | +2550.2% |
| Furniture and vehicles | 24 | €231 | €6,122 | +€5,891 | +2550.2% |
| Current assets | 29/58 | €406,970 | €376,169 | -€30,801 | -7.6% |
| Stocks and contracts in progress | 3 | €119,623 | €119,623 | = | 0.0% |
| Stocks | 30/36 | €119,623 | €119,623 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €266,514 | €213,132 | -€53,382 | -20.0% |
| Trade receivables | 40 | €266,514 | €213,132 | -€53,382 | -20.0% |
| Cash at bank and in hand | 54/58 | €20,833 | €43,414 | +€22,581 | +108.4% |
| Total equity and liabilities | 10/49 | €407,201 | €382,291 | -€24,910 | -6.1% |
| Equity | 10/15 | €85,989 | €87,221 | +€1,232 | +1.4% |
| Contributions | 10/11 | €63,011 | €63,011 | = | 0.0% |
| Capital | 10 | €63,011 | €63,011 | = | 0.0% |
| Issued capital | 100 | €63,011 | €63,011 | = | 0.0% |
| Reserves | 13 | €11,801 | €11,801 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,301 | €6,301 | = | 0.0% |
| Legal reserve | 130 | €6,301 | €6,301 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,500 | €5,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,177 | €12,409 | +€1,232 | +11.0% |
| Amounts payable | 17/49 | €321,212 | €295,070 | -€26,142 | -8.1% |
| Amounts payable within one year | 42/48 | €321,212 | €295,070 | -€26,142 | -8.1% |
| Trade debts | 44 | €33,800 | €12,523 | -€21,277 | -62.9% |
| Suppliers | 440/4 | €33,800 | €12,523 | -€21,277 | -62.9% |
| Taxes, remuneration and social security | 45 | €5,839 | €3,418 | -€2,421 | -41.5% |
| Taxes | 450/3 | €5,839 | €3,418 | -€2,421 | -41.5% |
| Other amounts payable | 47/48 | €281,573 | €279,129 | -€2,444 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €231 | €1,709 | +€1,478 | +639.8% |
| Other operating charges | 640/8 | €566 | €757 | +€191 | +33.7% |
| Gross operating margin | 9900 | €3,971 | €3,837 | -€134 | -3.4% |
| Operating profit (loss) | 9901 | €3,174 | €1,371 | -€1,803 | -56.8% |
| Financial income | 75/76B | €231 | €219 | -€12 | -5.2% |
| Recurring financial income | 75 | €231 | €219 | -€12 | -5.2% |
| Financial charges | 65/66B | €196 | €58 | -€138 | -70.4% |
| Recurring financial charges | 65 | €196 | €58 | -€138 | -70.4% |
| Profit (loss) for the period before taxes | 9903 | €3,209 | €1,532 | -€1,677 | -52.3% |
| Income taxes | 67/77 | €319 | €300 | -€19 | -6.0% |
| Profit (loss) for the period | 9904 | €2,890 | €1,232 | -€1,658 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,890 | €1,232 | -€1,658 | -57.4% |
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 3 October 2026 via checked.be.