HYDRO TOOLS S.A. - N.V.: 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 TOOLS S.A. - N.V.
Largest movements
- Tangible fixed assets +€100,437
up €100,437 (+45.5%), from €220,541 to €320,978
of which Land and buildings: +€112,919
- Stocks and contracts -€17,921
down €17,921 (-5.3%), from €338,031 to €320,110
- Cash -€13,088
down €13,088 (-26.6%), from €49,213 to €36,125
mainly Investment in fixed assets (net) (-€129,893) and Net result for the year (-€44,132)
- Receivables within one year +€9,683
up €9,683 (+16.1%), from €60,236 to €69,919
of which Trade receivables: +€10,322
- Debts after one year +€100,127
new in 2025: €100,127
- Profit (loss) carried forward -€44,131
down €44,131 (-168%), from -€26,340 to -€70,471
- Tax, wage and social debts +€10,656
up €10,656 (+96.2%), from €11,071 to €21,727
of which Remuneration and social security: +€6,539
- Current portion of long-term debt +€10,001
new in 2025: €10,001
- Gross operating margin -€11,335
down €11,335 (-13.0%), from €87,414 to €76,079
- Write-downs +€4,090
new in 2025: €4,090
- Depreciation +€3,391
up €3,391 (+13.0%), from €26,065 to €29,456
- Financial income +€2,981
up €2,981 (+46.4%), from €6,417 to €9,398
of which Non-recurring financial income: +€7,365
- Staff costs +€1,591
up €1,591 (+1.9%), from €85,764 to €87,355
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 | €669,900 | €751,516 | +€81,616 | +12.2% |
| Fixed assets | 21/28 | €220,541 | €320,978 | +€100,437 | +45.5% |
| Tangible fixed assets | 22/27 | €220,541 | €320,978 | +€100,437 | +45.5% |
| Land and buildings | 22 | €172,116 | €285,035 | +€112,919 | +65.6% |
| Plant, machinery and equipment | 23 | €1,417 | €964 | -€453 | -32.0% |
| Furniture and vehicles | 24 | €47,008 | €34,980 | -€12,028 | -25.6% |
| Current assets | 29/58 | €449,359 | €430,537 | -€18,822 | -4.2% |
| Stocks and contracts in progress | 3 | €338,031 | €320,110 | -€17,921 | -5.3% |
| Stocks | 30/36 | €338,031 | €320,110 | -€17,921 | -5.3% |
| Amounts receivable within one year | 40/41 | €60,236 | €69,919 | +€9,683 | +16.1% |
| Trade receivables | 40 | €55,773 | €66,095 | +€10,322 | +18.5% |
| Other amounts receivable | 41 | €4,463 | €3,824 | -€639 | -14.3% |
| Cash at bank and in hand | 54/58 | €49,213 | €36,125 | -€13,088 | -26.6% |
| Deferred charges and accrued income | 490/1 | €1,879 | €4,384 | +€2,505 | +133% |
| Total equity and liabilities | 10/49 | €669,900 | €751,516 | +€81,616 | +12.2% |
| Equity | 10/15 | €637,291 | €591,188 | -€46,103 | -7.2% |
| Contributions | 10/11 | €206,465 | €206,465 | +€0 | 0.0% |
| Capital | 10 | €206,465 | €206,465 | +€0 | 0.0% |
| Issued capital | 100 | €206,465 | €218,550 | +€12,085 | +5.9% |
| Uncalled capital | 101 | - | €12,085 | +€12,085 | |
| Reserves | 13 | €444,676 | €444,676 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €14,830 | €14,830 | +€0 | 0.0% |
| Legal reserve | 130 | €14,830 | €14,830 | +€0 | 0.0% |
| Distributable reserves | 133 | €429,846 | €429,846 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€26,340 | -€70,471 | -€44,131 | -168% |
| Investment grants | 15 | €12,490 | €10,518 | -€1,972 | -15.8% |
| Amounts payable | 17/49 | €32,609 | €160,328 | +€127,719 | +392% |
| Amounts payable after more than one year | 17 | - | €100,127 | +€100,127 | |
| Financial debts | 170/4 | - | €100,127 | +€100,127 | |
| Amounts payable within one year | 42/48 | €32,609 | €60,009 | +€27,400 | +84.0% |
| Current portion of amounts payable after more than one year | 42 | - | €10,001 | +€10,001 | |
| Trade debts | 44 | €21,538 | €28,281 | +€6,743 | +31.3% |
| Suppliers | 440/4 | €21,538 | €28,281 | +€6,743 | +31.3% |
| Taxes, remuneration and social security | 45 | €11,071 | €21,727 | +€10,656 | +96.2% |
| Taxes | 450/3 | €4,291 | €8,408 | +€4,117 | +95.9% |
| Remuneration and social security | 454/9 | €6,780 | €13,319 | +€6,539 | +96.4% |
| Accrued charges and deferred income | 492/3 | - | €192 | +€192 | |
| Remuneration, social security and pensions | 62 | €85,764 | €87,355 | +€1,591 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,065 | €29,456 | +€3,391 | +13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,090 | +€4,090 | |
| Other operating charges | 640/8 | €3,393 | €3,336 | -€57 | -1.7% |
| Non-recurring operating charges | 66A | - | €1,988 | +€1,988 | |
| Gross operating margin | 9900 | €87,414 | €76,079 | -€11,335 | -13.0% |
| Operating profit (loss) | 9901 | -€27,808 | -€50,146 | -€22,338 | -80.3% |
| Financial income | 75/76B | €6,417 | €9,398 | +€2,981 | +46.4% |
| Recurring financial income | 75 | €6,417 | €2,032 | -€4,385 | -68.3% |
| Non-recurring financial income | 76B | - | €7,365 | +€7,365 | |
| Financial charges | 65/66B | €4,198 | €4,389 | +€191 | +4.5% |
| Recurring financial charges | 65 | €4,198 | €4,389 | +€191 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,589 | -€45,137 | -€19,548 | -76.4% |
| Income taxes | 67/77 | €431 | -€1,005 | -€1,436 | |
| Profit (loss) for the period | 9904 | -€26,020 | -€44,132 | -€18,112 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,020 | -€44,132 | -€18,112 | -69.6% |
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 31 October 2026 via checked.be.