HydroHeating Technics: 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.
HydroHeating Technics
Largest movements
- Cash +€24,339
up €24,339 (+263.5%), from €9,238 to €33,577
mainly Net result for the year (+€13,416) and Other debts (+€12,964)
- Receivables within one year +€14,809
up €14,809 (+586.2%), from €2,526 to €17,335
of which Trade receivables: +€12,148
- Tangible fixed assets +€4,679
up €4,679 (+91.7%), from €5,101 to €9,780
of which Plant, machinery and equipment: +€5,971
- Deferred charges and accrued income -€713
down €713 (-98.6%), from €722 to €10
- Reserves +€13,416
up €13,416 (+165.1%), from €8,126 to €21,542
- Other debts +€12,964
up €12,964 (+241.8%), from €5,362 to €18,326
- Trade debts +€12,803
up €12,803, from €0 to €12,803
- Tax, wage and social debts +€3,930
up €3,930 (+187.2%), from €2,100 to €6,030
- Gross operating margin +€11,276
up €11,276 (+101.5%), from €11,108 to €22,383
- Depreciation +€2,128
up €2,128 (+2033.9%), from €105 to €2,233
- Financial charges +€1,803
up €1,803 (+459.6%), from €392 to €2,195
- Taxes +€1,759
up €1,759 (+83.7%), from €2,100 to €3,858
- Other operating charges +€297
up €297 (+77.2%), from €385 to €682
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 | €17,588 | €60,702 | +€43,114 | +245.1% |
| Fixed assets | 21/28 | €5,101 | €9,780 | +€4,679 | +91.7% |
| Tangible fixed assets | 22/27 | €5,101 | €9,780 | +€4,679 | +91.7% |
| Plant, machinery and equipment | 23 | - | €5,971 | +€5,971 | |
| Furniture and vehicles | 24 | €5,101 | €3,809 | -€1,292 | -25.3% |
| Current assets | 29/58 | €12,487 | €50,922 | +€38,435 | +307.8% |
| Amounts receivable within one year | 40/41 | €2,526 | €17,335 | +€14,809 | +586.2% |
| Trade receivables | 40 | €126 | €12,274 | +€12,148 | +9624.2% |
| Other amounts receivable | 41 | €2,400 | €5,061 | +€2,661 | +110.9% |
| Cash at bank and in hand | 54/58 | €9,238 | €33,577 | +€24,339 | +263.5% |
| Deferred charges and accrued income | 490/1 | €722 | €10 | -€713 | -98.6% |
| Total equity and liabilities | 10/49 | €17,588 | €60,702 | +€43,114 | +245.1% |
| Equity | 10/15 | €10,126 | €23,542 | +€13,416 | +132.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €8,126 | €21,542 | +€13,416 | +165.1% |
| Distributable reserves | 133 | €8,126 | €21,542 | +€13,416 | +165.1% |
| Amounts payable | 17/49 | €7,462 | €37,160 | +€29,697 | +398.0% |
| Amounts payable within one year | 42/48 | €7,462 | €37,160 | +€29,697 | +398.0% |
| Trade debts | 44 | €0 | €12,803 | +€12,803 | |
| Suppliers | 440/4 | €0 | €12,803 | +€12,803 | |
| Taxes, remuneration and social security | 45 | €2,100 | €6,030 | +€3,930 | +187.2% |
| Taxes | 450/3 | €2,100 | €6,030 | +€3,930 | +187.2% |
| Other amounts payable | 47/48 | €5,362 | €18,326 | +€12,964 | +241.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105 | €2,233 | +€2,128 | +2033.9% |
| Other operating charges | 640/8 | €385 | €682 | +€297 | +77.2% |
| Gross operating margin | 9900 | €11,108 | €22,383 | +€11,276 | +101.5% |
| Operating profit (loss) | 9901 | €10,618 | €19,468 | +€8,850 | +83.3% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €392 | €2,195 | +€1,803 | +459.6% |
| Recurring financial charges | 65 | €392 | €2,195 | +€1,803 | +459.6% |
| Profit (loss) for the period before taxes | 9903 | €10,226 | €17,275 | +€7,049 | +68.9% |
| Income taxes | 67/77 | €2,100 | €3,858 | +€1,759 | +83.7% |
| Profit (loss) for the period | 9904 | €8,126 | €13,416 | +€5,290 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,126 | €13,416 | +€5,290 | +65.1% |
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 11 October 2026 via checked.be.