HYDROLEC: 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.
HYDROLEC
Largest movements
- Intangible fixed assets -€11,467
down €11,467 (-33.3%), from €34,400 to €22,933
- Cash +€768
up €768 (+29527.7%), from €3 to €770
mainly Depreciation (+€11,467) and Other debts (+€2,505)
- Profit (loss) carried forward -€13,218
down €13,218 (-15.4%), from -€86,028 to -€99,246
- Other debts +€2,505
up €2,505 (+1.9%), from €134,068 to €136,573
- Trade debts +€1,030
new in 2024: €1,030
- Short-term financial debts -€1,017
no longer reported in 2024 (was €1,017)
- Financial charges -€1,940
down €1,940 (-90.5%), from €2,142 to €203
- Gross operating margin -€1,548
new in 2024: -€1,548
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.
Cash bridge derived
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 | €69,516 | €58,817 | -€10,699 | -15.4% |
| Fixed assets | 21/28 | €65,111 | €53,644 | -€11,467 | -17.6% |
| Intangible fixed assets | 21 | €34,400 | €22,933 | -€11,467 | -33.3% |
| Tangible fixed assets | 22/27 | €30,711 | €30,711 | = | 0.0% |
| Plant, machinery and equipment | 23 | €11,400 | €11,400 | = | 0.0% |
| Furniture and vehicles | 24 | €19,311 | €19,311 | = | 0.0% |
| Current assets | 29/58 | €4,405 | €5,173 | +€768 | +17.4% |
| Cash at bank and in hand | 54/58 | €3 | €770 | +€768 | +29527.7% |
| Deferred charges and accrued income | 490/1 | €4,403 | €4,403 | = | 0.0% |
| Total equity and liabilities | 10/49 | €69,516 | €58,817 | -€10,699 | -15.4% |
| Equity | 10/15 | -€65,568 | -€78,786 | -€13,218 | -20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,028 | -€99,246 | -€13,218 | -15.4% |
| Amounts payable | 17/49 | €135,085 | €137,603 | +€2,519 | +1.9% |
| Amounts payable within one year | 42/48 | €135,085 | €137,603 | +€2,519 | +1.9% |
| Financial debts | 43 | €1,017 | - | -€1,017 | |
| Credit institutions | 430/8 | €1,017 | - | -€1,017 | |
| Trade debts | 44 | - | €1,030 | +€1,030 | |
| Suppliers | 440/4 | - | €1,030 | +€1,030 | |
| Other amounts payable | 47/48 | €134,068 | €136,573 | +€2,505 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,467 | €11,467 | = | 0.0% |
| Gross operating margin | 9900 | - | -€1,548 | -€1,548 | |
| Operating profit (loss) | 9901 | -€11,467 | -€13,015 | -€1,548 | -13.5% |
| Financial charges | 65/66B | €2,142 | €203 | -€1,940 | -90.5% |
| Recurring financial charges | 65 | €2,142 | €203 | -€1,940 | -90.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,609 | -€13,218 | +€391 | +2.9% |
| Profit (loss) for the period | 9904 | -€13,609 | -€13,218 | +€391 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,609 | -€13,218 | +€391 | +2.9% |
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 11 October 2026 via checked.be.