HYDROFIX: 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.
HYDROFIX
Largest movements
- Intangible fixed assets +€351,027
up €351,027 (+410%), from €85,608 to €436,636
- Cash +€129,970
up €129,970 (+43.2%), from €300,831 to €430,801
mainly Debts after one year (+€854,752) and Depreciation (+€57,137)
- Stocks and contracts +€64,372
up €64,372 (+312%), from €20,639 to €85,011
- Receivables within one year +€56,382
up €56,382 (+194%), from €29,125 to €85,507
of which Other amounts receivable: +€37,632
- Tangible fixed assets +€27,575
up €27,575 (+181%), from €15,225 to €42,800
of which Furniture and vehicles: +€13,819
- Debts after one year +€854,752
new in 2025: €854,752
- Profit (loss) carried forward -€233,225
down €233,225 (-149%), from -€156,376 to -€389,600
- Trade debts +€24,928
up €24,928 (+18.4%), from €135,486 to €160,414
- Depreciation +€47,081
up €47,081 (+468%), from €10,056 to €57,137
- Staff costs +€33,697
up €33,697 (+426%), from €7,908 to €41,605
- Financial charges +€9,599
up €9,599 (+4,403%), from €218 to €9,817
- Gross operating margin -€2,873
down €2,873 (-2.4%), from -€118,456 to -€121,328
- Other operating charges +€1,385
up €1,385 (+73.6%), from €1,882 to €3,267
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 | €452,158 | €1,107,892 | +€655,734 | +145% |
| Fixed assets | 21/28 | €100,834 | €487,161 | +€386,327 | +383% |
| Intangible fixed assets | 21 | €85,608 | €436,636 | +€351,027 | +410% |
| Tangible fixed assets | 22/27 | €15,225 | €42,800 | +€27,575 | +181% |
| Plant, machinery and equipment | 23 | €4,988 | €10,294 | +€5,306 | +106% |
| Furniture and vehicles | 24 | €10,238 | €24,056 | +€13,819 | +135% |
| Leasing and similar rights | 25 | - | €5,707 | +€5,707 | |
| Other tangible fixed assets | 26 | - | €2,744 | +€2,744 | |
| Financial fixed assets | 28 | - | €7,725 | +€7,725 | |
| Current assets | 29/58 | €351,324 | €620,731 | +€269,407 | +76.7% |
| Stocks and contracts in progress | 3 | €20,639 | €85,011 | +€64,372 | +312% |
| Stocks | 30/36 | €20,639 | €85,011 | +€64,372 | +312% |
| Amounts receivable within one year | 40/41 | €29,125 | €85,507 | +€56,382 | +194% |
| Trade receivables | 40 | €3,384 | €22,134 | +€18,750 | +554% |
| Other amounts receivable | 41 | €25,742 | €63,373 | +€37,632 | +146% |
| Cash at bank and in hand | 54/58 | €300,831 | €430,801 | +€129,970 | +43.2% |
| Deferred charges and accrued income | 490/1 | €729 | €19,411 | +€18,683 | +2,564% |
| Total equity and liabilities | 10/49 | €452,158 | €1,107,892 | +€655,734 | +145% |
| Equity | 10/15 | €273,640 | €40,415 | -€233,225 | -85.2% |
| Contributions | 10/11 | €430,015 | €430,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,376 | -€389,600 | -€233,225 | -149% |
| Amounts payable | 17/49 | €178,518 | €1,067,477 | +€888,959 | +498% |
| Amounts payable after more than one year | 17 | - | €854,752 | +€854,752 | |
| Financial debts | 170/4 | - | €854,752 | +€854,752 | |
| Amounts payable within one year | 42/48 | €178,518 | €212,603 | +€34,085 | +19.1% |
| Financial debts | 43 | €2,095 | €95 | -€2,000 | -95.5% |
| Credit institutions | 430/8 | €0 | €95 | +€95 | |
| Other loans | 439 | €2,095 | - | -€2,095 | |
| Trade debts | 44 | €135,486 | €160,414 | +€24,928 | +18.4% |
| Suppliers | 440/4 | €135,486 | €160,414 | +€24,928 | +18.4% |
| Advances received on contracts in progress | 46 | - | €6,120 | +€6,120 | |
| Taxes, remuneration and social security | 45 | €2,829 | €152 | -€2,677 | -94.6% |
| Taxes | 450/3 | - | €152 | +€152 | |
| Remuneration and social security | 454/9 | €2,829 | - | -€2,829 | |
| Other amounts payable | 47/48 | €38,109 | €45,823 | +€7,714 | +20.2% |
| Accrued charges and deferred income | 492/3 | - | €122 | +€122 | |
| Remuneration, social security and pensions | 62 | €7,908 | €41,605 | +€33,697 | +426% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,056 | €57,137 | +€47,081 | +468% |
| Other operating charges | 640/8 | €1,882 | €3,267 | +€1,385 | +73.6% |
| Gross operating margin | 9900 | -€118,456 | -€121,328 | -€2,873 | -2.4% |
| Operating profit (loss) | 9901 | -€138,301 | -€223,338 | -€85,037 | -61.5% |
| Financial income | 75/76B | €10 | €119 | +€109 | +1,044% |
| Recurring financial income | 75 | €10 | €119 | +€109 | +1,044% |
| Financial charges | 65/66B | €218 | €9,817 | +€9,599 | +4,403% |
| Recurring financial charges | 65 | €218 | €9,817 | +€9,599 | +4,403% |
| Profit (loss) for the period before taxes | 9903 | -€138,509 | -€233,036 | -€94,527 | -68.2% |
| Income taxes | 67/77 | - | €152 | +€152 | |
| Profit (loss) for the period | 9904 | -€138,509 | -€233,187 | -€94,678 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€138,509 | -€233,187 | -€94,678 | -68.4% |
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 17 October 2026 via checked.be.