HYDROMETAL: what changed
What changed
HYDROMETAL
NACE 25.510, Coating of metals
filed annual accounts (NBB)
Net result for the year
-€2.2m
2024 · €182,621-€2.4m
Equity
€6.9m
2024 · €9.2m-€2.3m
Cash
€180,397
2024 · €212,686-€32,289
Balance sheet total
€24.4m
2024 · €21.4m+€3.0m
Largest movements
Assets
- Receivables within one year +€2.8m
up €2.8m (+73.7%), from €3.8m to €6.6m
of which Trade receivables: +€2.6m
Equity and liabilities
- Debts after one year +€3.8m
up €3.8m (+509%), from €741,552 to €4.5m
- Trade debts +€3.0m
up €3.0m (+69.6%), from €4.3m to €7.3m
- Profit (loss) carried forward -€2.2m
down €2.2m (-37.7%), from €5.9m to €3.7m
- Accrued charges and deferred income -€1.4m
down €1.4m (-30.0%), from €4.5m to €3.2m
Income statement
- Turnover -€1.8m
down €1.8m (-8.9%), from €20.0m to €18.2m
- Other operating income +€921,675
up €921,675 (+64.6%), from €1.4m to €2.3m
- Staff costs +€666,277
up €666,277 (+7.6%), from €8.8m to €9.4m
- Depreciation +€529,447
up €529,447 (+12.5%), from €4.2m to €4.8m
- Services and other goods +€391,660
up €391,660 (+4.8%), from €8.2m to €8.6m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€182,621
Turnover
-€1.8m
Other operating income
+€921,675
Goods and materials
+€42,758
Services and other goods
-€391,660
Staff costs
-€666,277
Depreciation
-€529,447
Write-downs
+€17,489
Provisions
-€78,840
Other operating charges
-€160,404
Other operating items
+€438,453
Financial income
-€106,168
Financial charges
-€74,782
Taxes
-€66,157
Result 2025
-€2.2m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.3m
Investment
-€5.0m
Financing
+€3.7m
Cash 2024
€212,686
From operations (derived)
+€1.3m
Net result for the year
-€2.2m
Depreciation
+€4.8m
Stocks and contracts
+€33,031
Receivables within one year
-€2.8m
Deferred charges and accrued income
+€37,782
Provisions
-€68,451
Trade debts
+€3.0m
Tax, wage and social debts
-€49,927
Other debts
-€11,000
Accrued charges and deferred income
-€1.4m
Investment (derived)
-€5.0m
Investment in fixed assets (net)
-€5.0m
Financing
+€3.7m
Debts after one year
+€3.8m
Current portion of long-term debt
+€6,539
Contributions, distributions and other
-€68,757
Cash 2025
€180,397
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,390,153 | €24,369,802 | +€3.0m | +13.9% |
| Fixed assets | 21/28 | €15,415,398 | €15,696,452 | +€281,054 | +1.8% |
| Intangible fixed assets | 21 | €21,132 | €64,418 | +€43,286 | +205% |
| Tangible fixed assets | 22/27 | €15,392,266 | €15,630,034 | +€237,768 | +1.5% |
| Land and buildings | 22 | €420,440 | €415,595 | -€4,844 | -1.2% |
| Plant, machinery and equipment | 23 | €13,507,295 | €14,202,607 | +€695,313 | +5.1% |
| Furniture and vehicles | 24 | €295,794 | €223,671 | -€72,123 | -24.4% |
| Leasing and similar rights | 25 | €1,168,737 | €788,160 | -€380,577 | -32.6% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €2,000 | €2,000 | = | 0.0% |
| Participating interests | 282 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €5,974,755 | €8,673,350 | +€2.7m | +45.2% |
| Stocks and contracts in progress | 3 | €1,630,580 | €1,597,550 | -€33,031 | -2.0% |
| Stocks | 30/36 | €1,630,580 | €1,597,550 | -€33,031 | -2.0% |
| Raw materials and consumables | 30/31 | €303,505 | €272,777 | -€30,728 | -10.1% |
| Goods purchased for resale | 34 | €1,327,075 | €1,324,773 | -€2,302 | -0.2% |
| Amounts receivable within one year | 40/41 | €3,799,585 | €6,601,282 | +€2.8m | +73.7% |
| Trade receivables | 40 | €1,794,089 | €4,366,086 | +€2.6m | +143% |
| Other amounts receivable | 41 | €2,005,496 | €2,235,196 | +€229,700 | +11.5% |
| Cash at bank and in hand | 54/58 | €212,686 | €180,397 | -€32,289 | -15.2% |
| Deferred charges and accrued income | 490/1 | €331,904 | €294,122 | -€37,782 | -11.4% |
| Total equity and liabilities | 10/49 | €21,390,153 | €24,369,802 | +€3.0m | +13.9% |
| Equity | 10/15 | €9,235,566 | €6,925,851 | -€2.3m | -25.0% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €2,358,169 | €2,358,169 | = | 0.0% |
| Non-distributable reserves | 130/1 | €75,000 | €75,000 | = | 0.0% |
| Legal reserve | 130 | €75,000 | €75,000 | = | 0.0% |
| Distributable reserves | 133 | €2,283,169 | €2,283,169 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,946,625 | €3,705,666 | -€2.2m | -37.7% |
| Investment grants | 15 | €180,773 | €112,016 | -€68,757 | -38.0% |
| Provisions and deferred taxes | 16 | €167,598 | €99,147 | -€68,451 | -40.8% |
| Provisions for liabilities and charges | 160/5 | €167,598 | €99,147 | -€68,451 | -40.8% |
| Other liabilities and charges | 164/5 | €167,598 | €99,147 | -€68,451 | -40.8% |
| Amounts payable | 17/49 | €11,986,988 | €17,344,804 | +€5.4m | +44.7% |
| Amounts payable after more than one year | 17 | €741,552 | €4,512,376 | +€3.8m | +509% |
| Financial debts | 170/4 | €741,552 | €4,512,376 | +€3.8m | +509% |
| Leasing and similar obligations | 172 | €741,552 | €358,347 | -€383,205 | -51.7% |
| Credit institutions | 173 | - | €4,154,029 | +€4.2m | |
| Amounts payable within one year | 42/48 | €6,712,783 | €9,659,062 | +€2.9m | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €376,666 | €383,205 | +€6,539 | +1.7% |
| Trade debts | 44 | €4,314,147 | €7,314,814 | +€3.0m | +69.6% |
| Suppliers | 440/4 | €4,314,147 | €7,314,814 | +€3.0m | +69.6% |
| Taxes, remuneration and social security | 45 | €2,010,970 | €1,961,043 | -€49,927 | -2.5% |
| Taxes | 450/3 | €461,182 | €295,767 | -€165,415 | -35.9% |
| Remuneration and social security | 454/9 | €1,549,788 | €1,665,276 | +€115,488 | +7.5% |
| Other amounts payable | 47/48 | €11,000 | €0 | -€11,000 | -100% |
| Accrued charges and deferred income | 492/3 | €4,532,653 | €3,173,366 | -€1.4m | -30.0% |
| Operating income | 70/76A | €23,099,346 | €22,689,255 | -€410,091 | -1.8% |
| Turnover | 70 | €19,976,328 | €18,206,109 | -€1.8m | -8.9% |
| Own construction capitalised | 72 | €1,696,349 | €2,039,386 | +€343,036 | +20.2% |
| Other operating income | 74 | €1,426,669 | €2,348,344 | +€921,675 | +64.6% |
| Non-recurring operating income | 76A | - | €95,416 | +€95,416 | |
| Operating charges | 60/66A | €23,183,873 | €24,950,255 | +€1.8m | +7.6% |
| Goods for resale, raw materials and consumables | 60 | €1,894,559 | €1,851,801 | -€42,758 | -2.3% |
| Purchases | 600/8 | €2,012,030 | €1,824,186 | -€187,844 | -9.3% |
| Change in stocks: decrease (increase) | 609 | -€117,471 | €27,615 | +€145,086 | |
| Services and other goods | 61 | €8,184,093 | €8,575,753 | +€391,660 | +4.8% |
| Remuneration, social security and pensions | 62 | €8,757,703 | €9,423,980 | +€666,277 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,233,372 | €4,762,819 | +€529,447 | +12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,904 | €5,415 | -€17,489 | -76.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€147,291 | -€68,451 | +€78,840 | +53.5% |
| Other operating charges | 640/8 | €238,533 | €398,937 | +€160,404 | +67.2% |
| Operating profit (loss) | 9901 | -€84,527 | -€2,261,000 | -€2.2m | -2,575% |
| Financial income | 75/76B | €197,942 | €91,775 | -€106,168 | -53.6% |
| Recurring financial income | 75 | €197,942 | €91,775 | -€106,168 | -53.6% |
| Other financial income | 752/9 | €197,942 | €91,775 | -€106,168 | -53.6% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €69,835 | €144,617 | +€74,782 | +107% |
| Recurring financial charges | 65 | €69,835 | €144,617 | +€74,782 | +107% |
| Debt charges | 650 | €58,640 | €130,103 | +€71,463 | +122% |
| Other financial charges | 652/9 | €11,195 | €14,515 | +€3,319 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €43,580 | -€2,313,843 | -€2.4m | |
| Income taxes | 67/77 | -€139,041 | -€72,885 | +€66,157 | +47.6% |
| Taxes | 670/3 | €4,655 | €5,610 | +€955 | +20.5% |
| Tax adjustments and reversals of tax provisions | 77 | €143,696 | €78,494 | -€65,202 | -45.4% |
| Profit (loss) for the period | 9904 | €182,621 | -€2,240,958 | -€2.4m | |
| Transfer from tax-exempt reserves | 789 | €210,500 | - | -€210,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €393,121 | -€2,240,958 | -€2.6m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.