HydroLesse: 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.
HydroLesse
Largest movements
- Cash -€45,497
down €45,497 (-67.4%), from €67,490 to €21,992
mainly Other debts (-€76,180) and Trade debts (-€4,914)
- Tangible fixed assets -€24,439
down €24,439 (-4.3%), from €564,377 to €539,938
- Other debts -€76,180
down €76,180 (-21.6%), from €352,180 to €276,000
- Profit (loss) carried forward +€18,169
up €18,169 (+23.6%), from €76,843 to €95,012
- Gross operating margin +€6,513
up €6,513 (+15.5%), from €42,012 to €48,525
- Taxes +€2,577
up €2,577 (+84.2%), from €3,059 to €5,636
- Depreciation +€1,056
up €1,056 (+4.5%), from €23,383 to €24,439
- Other operating charges +€804
up €804 (+144.8%), from €556 to €1,360
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 | €648,007 | €583,027 | -€64,981 | -10.0% |
| Fixed assets | 21/28 | €564,377 | €539,938 | -€24,439 | -4.3% |
| Tangible fixed assets | 22/27 | €564,377 | €539,938 | -€24,439 | -4.3% |
| Land and buildings | 22 | €564,377 | €539,938 | -€24,439 | -4.3% |
| Current assets | 29/58 | €83,630 | €43,088 | -€40,542 | -48.5% |
| Amounts receivable within one year | 40/41 | - | €1,885 | +€1,885 | |
| Trade receivables | 40 | - | €520 | +€520 | |
| Other amounts receivable | 41 | - | €1,364 | +€1,364 | |
| Cash at bank and in hand | 54/58 | €67,490 | €21,992 | -€45,497 | -67.4% |
| Deferred charges and accrued income | 490/1 | €16,140 | €19,211 | +€3,071 | +19.0% |
| Total equity and liabilities | 10/49 | €648,007 | €583,027 | -€64,981 | -10.0% |
| Equity | 10/15 | €286,513 | €303,420 | +€16,907 | +5.9% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €6,460 | €7,272 | +€813 | +12.6% |
| Non-distributable reserves | 130/1 | €6,460 | €7,272 | +€813 | +12.6% |
| Legal reserve | 130 | €6,460 | €7,272 | +€813 | +12.6% |
| Profit (loss) carried forward | 14 | €76,843 | €95,012 | +€18,169 | +23.6% |
| Investment grants | 15 | €43,211 | €41,136 | -€2,075 | -4.8% |
| Amounts payable | 17/49 | €361,494 | €279,607 | -€81,887 | -22.7% |
| Amounts payable within one year | 42/48 | €360,604 | €278,578 | -€82,026 | -22.7% |
| Trade debts | 44 | €5,176 | €261 | -€4,914 | -94.9% |
| Suppliers | 440/4 | €5,176 | €261 | -€4,914 | -94.9% |
| Taxes, remuneration and social security | 45 | €3,248 | €2,316 | -€932 | -28.7% |
| Taxes | 450/3 | €3,248 | €2,316 | -€932 | -28.7% |
| Other amounts payable | 47/48 | €352,180 | €276,000 | -€76,180 | -21.6% |
| Accrued charges and deferred income | 492/3 | €890 | €1,029 | +€139 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,383 | €24,439 | +€1,056 | +4.5% |
| Other operating charges | 640/8 | €556 | €1,360 | +€804 | +144.8% |
| Gross operating margin | 9900 | €42,012 | €48,525 | +€6,513 | +15.5% |
| Operating profit (loss) | 9901 | €18,073 | €22,726 | +€4,653 | +25.7% |
| Financial income | 75/76B | €2,075 | €2,075 | = | 0.0% |
| Recurring financial income | 75 | €2,075 | €2,075 | = | 0.0% |
| Financial charges | 65/66B | €168 | €184 | +€16 | +9.3% |
| Recurring financial charges | 65 | €168 | €184 | +€16 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €19,980 | €24,617 | +€4,637 | +23.2% |
| Income taxes | 67/77 | €3,059 | €5,636 | +€2,577 | +84.2% |
| Profit (loss) for the period | 9904 | €16,921 | €18,982 | +€2,060 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,921 | €18,982 | +€2,060 | +12.2% |
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 12 October 2026 via checked.be.