HYDROCON: 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.
HYDROCON
Largest movements
- Cash -€39,069
down €39,069 (-66.3%), from €58,886 to €19,816
mainly Other debts (-€20,827) and Net result for the year (-€12,793)
- Receivables within one year +€2,710
up €2,710 (+1.7%), from €161,761 to €164,471
of which Trade receivables: +€3,578
- Other debts -€20,827
down €20,827 (-23.4%), from €88,992 to €68,165
- Profit (loss) carried forward -€12,793
down €12,793 (-69.0%), from €18,550 to €5,757
- Gross operating margin -€26,990
down €26,990, from €18,847 to -€8,143
- Staff costs -€13,664
no longer reported in 2024 (was €13,664)
- Taxes +€2,486
up €2,486 (+245%), from €1,014 to €3,500
- Financial charges -€653
down €653 (-93.8%), from €697 to €44
- Other operating charges +€422
up €422 (+61.5%), from €685 to €1,107
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 | €220,894 | €184,477 | -€36,417 | -16.5% |
| Current assets | 29/58 | €220,894 | €184,477 | -€36,417 | -16.5% |
| Stocks and contracts in progress | 3 | €247 | €189 | -€58 | -23.3% |
| Stocks | 30/36 | €247 | €189 | -€58 | -23.3% |
| Amounts receivable within one year | 40/41 | €161,761 | €164,471 | +€2,710 | +1.7% |
| Trade receivables | 40 | €62,413 | €65,990 | +€3,578 | +5.7% |
| Other amounts receivable | 41 | €99,349 | €98,481 | -€867 | -0.9% |
| Cash at bank and in hand | 54/58 | €58,886 | €19,816 | -€39,069 | -66.3% |
| Total equity and liabilities | 10/49 | €220,894 | €184,477 | -€36,417 | -16.5% |
| Equity | 10/15 | €26,550 | €13,757 | -€12,793 | -48.2% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,550 | €5,757 | -€12,793 | -69.0% |
| Amounts payable | 17/49 | €194,344 | €170,720 | -€23,624 | -12.2% |
| Amounts payable within one year | 42/48 | €194,344 | €170,720 | -€23,624 | -12.2% |
| Trade debts | 44 | €104,337 | €102,555 | -€1,782 | -1.7% |
| Suppliers | 440/4 | €104,337 | €102,555 | -€1,782 | -1.7% |
| Taxes, remuneration and social security | 45 | €1,014 | - | -€1,014 | |
| Taxes | 450/3 | €1,014 | - | -€1,014 | |
| Other amounts payable | 47/48 | €88,992 | €68,165 | -€20,827 | -23.4% |
| Remuneration, social security and pensions | 62 | €13,664 | - | -€13,664 | |
| Other operating charges | 640/8 | €685 | €1,107 | +€422 | +61.5% |
| Gross operating margin | 9900 | €18,847 | -€8,143 | -€26,990 | |
| Operating profit (loss) | 9901 | €4,498 | -€9,250 | -€13,747 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €697 | €44 | -€653 | -93.8% |
| Recurring financial charges | 65 | €697 | €44 | -€653 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €3,801 | -€9,293 | -€13,094 | |
| Income taxes | 67/77 | €1,014 | €3,500 | +€2,486 | +245% |
| Profit (loss) for the period | 9904 | €2,787 | -€12,793 | -€15,580 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,787 | -€12,793 | -€15,580 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.