HYDROLEC - DENIS: 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 - DENIS
Largest movements
- Tangible fixed assets -€41,350
down €41,350 (-18.7%), from €220,626 to €179,277
of which Furniture and vehicles: -€22,091
- Cash -€9,019
down €9,019 (-24.3%), from €37,106 to €28,088
mainly Net result for the year (-€53,293) and Deferred charges and accrued income (-€866)
- Receivables within one year -€4,772
down €4,772 (-71.9%), from €6,639 to €1,867
- Profit (loss) carried forward -€53,293
new in 2025: -€53,293
- Gross operating margin -€62,046
down €62,046, from €50,826 to -€11,220
- Depreciation +€11,924
up €11,924 (+40.5%), from €29,425 to €41,350
- Financial income -€2,206
down €2,206 (-98.6%), from €2,237 to €31
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 | €265,313 | €211,039 | -€54,274 | -20.5% |
| Fixed assets | 21/28 | €220,924 | €179,574 | -€41,350 | -18.7% |
| Tangible fixed assets | 22/27 | €220,626 | €179,277 | -€41,350 | -18.7% |
| Plant, machinery and equipment | 23 | €123,206 | €103,947 | -€19,259 | -15.6% |
| Furniture and vehicles | 24 | €97,420 | €75,330 | -€22,091 | -22.7% |
| Financial fixed assets | 28 | €297 | €297 | = | 0.0% |
| Current assets | 29/58 | €44,389 | €31,464 | -€12,925 | -29.1% |
| Amounts receivable within one year | 40/41 | €6,639 | €1,867 | -€4,772 | -71.9% |
| Trade receivables | 40 | €6,639 | €1,867 | -€4,772 | -71.9% |
| Cash at bank and in hand | 54/58 | €37,106 | €28,088 | -€9,019 | -24.3% |
| Deferred charges and accrued income | 490/1 | €644 | €1,510 | +€866 | +135% |
| Total equity and liabilities | 10/49 | €265,313 | €211,039 | -€54,274 | -20.5% |
| Equity | 10/15 | €83,617 | €30,323 | -€53,293 | -63.7% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €64,867 | €64,867 | = | 0.0% |
| Distributable reserves | 133 | €64,867 | €64,867 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€53,293 | -€53,293 | |
| Amounts payable | 17/49 | €181,696 | €180,715 | -€981 | -0.5% |
| Amounts payable within one year | 42/48 | €181,538 | €180,550 | -€988 | -0.5% |
| Trade debts | 44 | €908 | €222 | -€686 | -75.5% |
| Suppliers | 440/4 | €908 | €222 | -€686 | -75.5% |
| Taxes, remuneration and social security | 45 | €630 | €628 | -€2 | -0.3% |
| Taxes | 450/3 | €630 | €628 | -€2 | -0.3% |
| Other amounts payable | 47/48 | €180,000 | €179,700 | -€300 | -0.2% |
| Accrued charges and deferred income | 492/3 | €159 | €165 | +€7 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,425 | €41,350 | +€11,924 | +40.5% |
| Other operating charges | 640/8 | €693 | €711 | +€18 | +2.6% |
| Gross operating margin | 9900 | €50,826 | -€11,220 | -€62,046 | |
| Operating profit (loss) | 9901 | €20,708 | -€53,281 | -€73,988 | |
| Financial income | 75/76B | €2,237 | €31 | -€2,206 | -98.6% |
| Recurring financial income | 75 | €2,237 | €31 | -€2,206 | -98.6% |
| Financial charges | 65/66B | €44 | €44 | -€1 | -2.1% |
| Recurring financial charges | 65 | €44 | €44 | -€1 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €22,900 | -€53,293 | -€76,194 | |
| Income taxes | 67/77 | €26 | €0 | -€26 | -100% |
| Profit (loss) for the period | 9904 | €22,874 | -€53,293 | -€76,168 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,874 | -€53,293 | -€76,168 |
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 24 October 2026 via checked.be.