HYDROCATALA: 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.
HYDROCATALA
Largest movements
- Deferred charges and accrued income +€31,232
up €31,232 (+84.9%), from €36,770 to €68,002
- Tangible fixed assets -€23,873
down €23,873 (-3.6%), from €669,298 to €645,424
- Cash -€22,477
down €22,477 (-79.7%), from €28,196 to €5,718
mainly Deferred charges and accrued income (-€31,232) and Other debts (-€27,970)
- Other debts -€27,970
down €27,970 (-8.3%), from €335,382 to €307,411
- Profit (loss) carried forward +€19,125
up €19,125 (+55.2%), from -€34,655 to -€15,530
- Trade debts -€7,406
down €7,406 (-97.6%), from €7,588 to €182
- Gross operating margin -€12,176
down €12,176 (-20.7%), from €58,961 to €46,785
- Write-downs +€5,529
up €5,529, from -€5,529 to €0
- Financial income -€5,187
down €5,187 (-63.6%), from €8,157 to €2,970
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 | €739,502 | €720,943 | -€18,559 | -2.5% |
| Fixed assets | 21/28 | €669,298 | €645,424 | -€23,873 | -3.6% |
| Tangible fixed assets | 22/27 | €669,298 | €645,424 | -€23,873 | -3.6% |
| Land and buildings | 22 | €669,298 | €645,424 | -€23,873 | -3.6% |
| Current assets | 29/58 | €70,205 | €75,518 | +€5,314 | +7.6% |
| Amounts receivable within one year | 40/41 | €5,239 | €1,798 | -€3,441 | -65.7% |
| Trade receivables | 40 | €5,239 | €1,798 | -€3,441 | -65.7% |
| Cash at bank and in hand | 54/58 | €28,196 | €5,718 | -€22,477 | -79.7% |
| Deferred charges and accrued income | 490/1 | €36,770 | €68,002 | +€31,232 | +84.9% |
| Total equity and liabilities | 10/49 | €739,502 | €720,943 | -€18,559 | -2.5% |
| Equity | 10/15 | €95,678 | €111,834 | +€16,155 | +16.9% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,655 | -€15,530 | +€19,125 | +55.2% |
| Investment grants | 15 | €65,333 | €62,364 | -€2,970 | -4.5% |
| Amounts payable | 17/49 | €643,824 | €609,109 | -€34,715 | -5.4% |
| Amounts payable after more than one year | 17 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 170/4 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €343,739 | €309,042 | -€34,697 | -10.1% |
| Trade debts | 44 | €7,588 | €182 | -€7,406 | -97.6% |
| Suppliers | 440/4 | €7,588 | €182 | -€7,406 | -97.6% |
| Taxes, remuneration and social security | 45 | €769 | €1,449 | +€680 | +88.4% |
| Taxes | 450/3 | €769 | €1,449 | +€680 | +88.4% |
| Other amounts payable | 47/48 | €335,382 | €307,411 | -€27,970 | -8.3% |
| Accrued charges and deferred income | 492/3 | €85 | €67 | -€18 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,909 | €30,066 | +€158 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,529 | €0 | +€5,529 | |
| Other operating charges | 640/8 | €466 | €482 | +€15 | +3.3% |
| Gross operating margin | 9900 | €58,961 | €46,785 | -€12,176 | -20.7% |
| Operating profit (loss) | 9901 | €34,115 | €16,237 | -€17,878 | -52.4% |
| Financial income | 75/76B | €8,157 | €2,970 | -€5,187 | -63.6% |
| Recurring financial income | 75 | €8,157 | €2,970 | -€5,187 | -63.6% |
| Financial charges | 65/66B | €83 | €82 | -€1 | -0.7% |
| Recurring financial charges | 65 | €83 | €82 | -€1 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €42,189 | €19,125 | -€23,064 | -54.7% |
| Profit (loss) for the period | 9904 | €42,189 | €19,125 | -€23,064 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,189 | €19,125 | -€23,064 | -54.7% |
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 7 October 2026 via checked.be.