HYDROCULTURE: 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.
HYDROCULTURE
Largest movements
- Stocks and contracts -€49,466
down €49,466 (-13.8%), from €358,166 to €308,700
- Receivables within one year +€43,386
up €43,386 (+81.4%), from €53,329 to €96,714
of which Other amounts receivable: +€38,985
- Tangible fixed assets -€9,683
down €9,683 (-48.0%), from €20,177 to €10,494
of which Furniture and vehicles: -€7,584
- Trade debts -€12,982
down €12,982 (-10.1%), from €127,992 to €115,011
- Gross operating margin -€8,992
down €8,992 (-5.4%), from €167,262 to €158,271
- Depreciation -€3,951
down €3,951 (-29.0%), from €13,634 to €9,683
- Staff costs +€3,829
up €3,829 (+2.7%), from €141,102 to €144,932
- Taxes -€2,158
down €2,158 (-61.6%), from €3,504 to €1,347
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 | €452,108 | €437,233 | -€14,875 | -3.3% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €20,177 | €10,494 | -€9,683 | -48.0% |
| Tangible fixed assets | 22/27 | €20,177 | €10,494 | -€9,683 | -48.0% |
| Plant, machinery and equipment | 23 | €5,819 | €3,720 | -€2,099 | -36.1% |
| Furniture and vehicles | 24 | €14,358 | €6,774 | -€7,584 | -52.8% |
| Current assets | 29/58 | €431,931 | €426,739 | -€5,192 | -1.2% |
| Stocks and contracts in progress | 3 | €358,166 | €308,700 | -€49,466 | -13.8% |
| Stocks | 30/36 | €358,166 | €308,700 | -€49,466 | -13.8% |
| Amounts receivable within one year | 40/41 | €53,329 | €96,714 | +€43,386 | +81.4% |
| Trade receivables | 40 | €7,164 | €11,565 | +€4,401 | +61.4% |
| Other amounts receivable | 41 | €46,164 | €85,149 | +€38,985 | +84.4% |
| Cash at bank and in hand | 54/58 | €20,394 | €17,274 | -€3,119 | -15.3% |
| Deferred charges and accrued income | 490/1 | €43 | €4,050 | +€4,008 | +9390.1% |
| Total equity and liabilities | 10/49 | €452,108 | €437,233 | -€14,875 | -3.3% |
| Equity | 10/15 | €295,265 | €295,731 | +€465 | +0.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €276,715 | €277,181 | +€465 | +0.2% |
| Amounts payable | 17/49 | €156,843 | €141,502 | -€15,341 | -9.8% |
| Amounts payable within one year | 42/48 | €156,843 | €141,502 | -€15,341 | -9.8% |
| Trade debts | 44 | €127,992 | €115,011 | -€12,982 | -10.1% |
| Suppliers | 440/4 | €127,992 | €115,011 | -€12,982 | -10.1% |
| Taxes, remuneration and social security | 45 | €28,728 | €25,968 | -€2,760 | -9.6% |
| Taxes | 450/3 | €12,754 | €9,090 | -€3,665 | -28.7% |
| Remuneration and social security | 454/9 | €15,974 | €16,879 | +€905 | +5.7% |
| Other amounts payable | 47/48 | €123 | €523 | +€401 | +326.8% |
| Remuneration, social security and pensions | 62 | €141,102 | €144,932 | +€3,829 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,634 | €9,683 | -€3,951 | -29.0% |
| Other operating charges | 640/8 | €396 | €590 | +€194 | +48.9% |
| Gross operating margin | 9900 | €167,262 | €158,271 | -€8,992 | -5.4% |
| Operating profit (loss) | 9901 | €12,129 | €3,066 | -€9,064 | -74.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,726 | €1,254 | -€473 | -27.4% |
| Recurring financial charges | 65 | €1,726 | €1,254 | -€473 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €10,403 | €1,812 | -€8,591 | -82.6% |
| Income taxes | 67/77 | €3,504 | €1,347 | -€2,158 | -61.6% |
| Profit (loss) for the period | 9904 | €6,899 | €465 | -€6,433 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,899 | €465 | -€6,433 | -93.3% |
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 8 October 2026 via checked.be.