HYDROPLAN: 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.
HYDROPLAN
Largest movements
- Stocks and contracts -€431,987
down €431,987 (-29.2%), from €1.5m to €1.0m
- Receivables within one year +€206,390
up €206,390 (+53.9%), from €383,121 to €589,511
of which Trade receivables: +€208,103
- Tangible fixed assets +€177,372
up €177,372 (+68.7%), from €258,016 to €435,388
of which Leasing and similar rights: +€172,085
- Cash -€31,743
down €31,743 (-33.2%), from €95,542 to €63,799
mainly Net result for the year (-€314,018) and Investment in fixed assets (net) (-€266,000)
- Reserves -€314,018
down €314,018 (-61.7%), from €508,636 to €194,618
of which Distributable reserves: -€314,018
- Trade debts +€262,250
up €262,250 (+111%), from €236,174 to €498,424
- Debts after one year -€44,935
down €44,935 (-27.4%), from €164,233 to €119,298
- Gross operating margin -€347,095
down €347,095 (-30.3%), from €1.1m to €798,853
- Staff costs -€141,783
down €141,783 (-13.0%), from €1.1m to €947,682
- Depreciation +€44,612
up €44,612 (+101%), from €44,015 to €88,628
- Financial charges +€15,883
up €15,883 (+28.9%), from €54,921 to €70,804
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,245,670 | €2,155,970 | -€89,700 | -4.0% |
| Fixed assets | 21/28 | €269,396 | €446,768 | +€177,372 | +65.8% |
| Tangible fixed assets | 22/27 | €258,016 | €435,388 | +€177,372 | +68.7% |
| Plant, machinery and equipment | 23 | €18,498 | €30,926 | +€12,428 | +67.2% |
| Furniture and vehicles | 24 | €27,160 | €20,814 | -€6,346 | -23.4% |
| Leasing and similar rights | 25 | €209,722 | €381,807 | +€172,085 | +82.1% |
| Other tangible fixed assets | 26 | €2,636 | €1,841 | -€795 | -30.2% |
| Financial fixed assets | 28 | €11,380 | €11,380 | = | 0.0% |
| Current assets | 29/58 | €1,976,274 | €1,709,202 | -€267,073 | -13.5% |
| Stocks and contracts in progress | 3 | €1,477,431 | €1,045,444 | -€431,987 | -29.2% |
| Stocks | 30/36 | €1,477,431 | €1,045,444 | -€431,987 | -29.2% |
| Amounts receivable within one year | 40/41 | €383,121 | €589,511 | +€206,390 | +53.9% |
| Trade receivables | 40 | €376,602 | €584,705 | +€208,103 | +55.3% |
| Other amounts receivable | 41 | €6,519 | €4,806 | -€1,712 | -26.3% |
| Cash at bank and in hand | 54/58 | €95,542 | €63,799 | -€31,743 | -33.2% |
| Deferred charges and accrued income | 490/1 | €20,181 | €10,448 | -€9,733 | -48.2% |
| Total equity and liabilities | 10/49 | €2,245,670 | €2,155,970 | -€89,700 | -4.0% |
| Equity | 10/15 | €528,636 | €214,618 | -€314,018 | -59.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €508,636 | €194,618 | -€314,018 | -61.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,244 | €38,244 | = | 0.0% |
| Distributable reserves | 133 | €468,392 | €154,374 | -€314,018 | -67.0% |
| Amounts payable | 17/49 | €1,717,034 | €1,941,352 | +€224,317 | +13.1% |
| Amounts payable after more than one year | 17 | €164,233 | €119,298 | -€44,935 | -27.4% |
| Financial debts | 170/4 | €164,233 | €119,298 | -€44,935 | -27.4% |
| Amounts payable within one year | 42/48 | €1,552,801 | €1,822,053 | +€269,252 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €69,823 | €68,922 | -€901 | -1.3% |
| Financial debts | 43 | €1,230,000 | €1,250,000 | +€20,000 | +1.6% |
| Credit institutions | 430/8 | €800,000 | €800,000 | = | 0.0% |
| Other loans | 439 | €430,000 | €450,000 | +€20,000 | +4.7% |
| Trade debts | 44 | €236,174 | €498,424 | +€262,250 | +111% |
| Suppliers | 440/4 | €236,174 | €498,424 | +€262,250 | +111% |
| Taxes, remuneration and social security | 45 | €16,805 | €4,707 | -€12,097 | -72.0% |
| Taxes | 450/3 | €10,535 | €4,707 | -€5,828 | -55.3% |
| Remuneration and social security | 454/9 | €6,269 | €0 | -€6,269 | -100% |
| Non-recurring operating income | 76A | €5,000 | €4,306 | -€694 | -13.9% |
| Remuneration, social security and pensions | 62 | €1,089,465 | €947,682 | -€141,783 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,015 | €88,628 | +€44,612 | +101% |
| Other operating charges | 640/8 | €4,849 | €5,762 | +€913 | +18.8% |
| Gross operating margin | 9900 | €1,145,948 | €798,853 | -€347,095 | -30.3% |
| Operating profit (loss) | 9901 | €7,618 | -€243,219 | -€250,837 | |
| Financial income | 75/76B | €72 | €5 | -€67 | -92.8% |
| Recurring financial income | 75 | €72 | €5 | -€67 | -92.8% |
| Financial charges | 65/66B | €54,921 | €70,804 | +€15,883 | +28.9% |
| Recurring financial charges | 65 | €54,921 | €70,804 | +€15,883 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | -€47,231 | -€314,018 | -€266,787 | -565% |
| Profit (loss) for the period | 9904 | -€47,231 | -€314,018 | -€266,787 | -565% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,231 | -€314,018 | -€266,787 | -565% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.