HYDROPONIC: 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.
HYDROPONIC
Largest movements
- Tangible fixed assets -€104,649
down €104,649 (-11.8%), from €890,261 to €785,612
of which Plant, machinery and equipment: -€58,382
- Cash +€40,325
up €40,325 (+33.6%), from €119,907 to €160,232
mainly Depreciation (+€204,108) and Net result for the year (+€81,356)
- Stocks and contracts -€25,618
down €25,618 (-65.3%), from €39,242 to €13,624
- Receivables within one year +€22,669
up €22,669 (+25.3%), from €89,456 to €112,125
of which Other amounts receivable: +€48,943
- Current portion of long-term debt -€96,000
down €96,000 (-60.0%), from €160,000 to €64,000
- Debts after one year -€88,000
down €88,000 (-52.4%), from €168,000 to €80,000
- Reserves +€81,356
up €81,356 (+6.2%), from €1.3m to €1.4m
- Advances received +€43,924
new in 2025: €43,924
- Trade debts -€19,582
down €19,582 (-43.4%), from €45,119 to €25,537
- Gross operating margin -€170,749
down €170,749 (-29.6%), from €576,458 to €405,709
- Financial income -€70,040
down €70,040 (-77.7%), from €90,167 to €20,127
- Taxes -€59,141
down €59,141 (-61.4%), from €96,372 to €37,231
- Staff costs -€22,718
down €22,718 (-20.6%), from €110,440 to €87,721
- Depreciation +€8,417
up €8,417 (+4.3%), from €195,691 to €204,108
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 | €1,850,115 | €1,782,369 | -€67,746 | -3.7% |
| Fixed assets | 21/28 | €890,396 | €785,747 | -€104,649 | -11.8% |
| Tangible fixed assets | 22/27 | €890,261 | €785,612 | -€104,649 | -11.8% |
| Land and buildings | 22 | €191,281 | €150,926 | -€40,355 | -21.1% |
| Plant, machinery and equipment | 23 | €671,133 | €612,751 | -€58,382 | -8.7% |
| Furniture and vehicles | 24 | €27,847 | €21,935 | -€5,912 | -21.2% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €959,719 | €996,622 | +€36,903 | +3.8% |
| Stocks and contracts in progress | 3 | €39,242 | €13,624 | -€25,618 | -65.3% |
| Contracts in progress | 37 | €39,242 | €13,624 | -€25,618 | -65.3% |
| Amounts receivable within one year | 40/41 | €89,456 | €112,125 | +€22,669 | +25.3% |
| Trade receivables | 40 | €75,285 | €49,012 | -€26,273 | -34.9% |
| Other amounts receivable | 41 | €14,170 | €63,113 | +€48,943 | +345.4% |
| Current investments | 50/53 | €700,000 | €700,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €119,907 | €160,232 | +€40,325 | +33.6% |
| Deferred charges and accrued income | 490/1 | €11,115 | €10,641 | -€474 | -4.3% |
| Total equity and liabilities | 10/49 | €1,850,115 | €1,782,369 | -€67,746 | -3.7% |
| Equity | 10/15 | €1,456,030 | €1,537,386 | +€81,356 | +5.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,306,030 | €1,387,386 | +€81,356 | +6.2% |
| Distributable reserves | 133 | €1,306,030 | €1,387,386 | +€81,356 | +6.2% |
| Amounts payable | 17/49 | €394,085 | €244,983 | -€149,102 | -37.8% |
| Amounts payable after more than one year | 17 | €168,000 | €80,000 | -€88,000 | -52.4% |
| Financial debts | 170/4 | €168,000 | €80,000 | -€88,000 | -52.4% |
| Amounts payable within one year | 42/48 | €226,085 | €160,351 | -€65,734 | -29.1% |
| Current portion of amounts payable after more than one year | 42 | €160,000 | €64,000 | -€96,000 | -60.0% |
| Trade debts | 44 | €45,119 | €25,537 | -€19,582 | -43.4% |
| Suppliers | 440/4 | €45,119 | €25,537 | -€19,582 | -43.4% |
| Advances received on contracts in progress | 46 | - | €43,924 | +€43,924 | |
| Taxes, remuneration and social security | 45 | €10,748 | €12,617 | +€1,869 | +17.4% |
| Taxes | 450/3 | €432 | €490 | +€57 | +13.3% |
| Remuneration and social security | 454/9 | €10,316 | €12,127 | +€1,812 | +17.6% |
| Other amounts payable | 47/48 | €10,218 | €14,273 | +€4,055 | +39.7% |
| Accrued charges and deferred income | 492/3 | - | €4,632 | +€4,632 | |
| Remuneration, social security and pensions | 62 | €110,440 | €87,721 | -€22,718 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195,691 | €204,108 | +€8,417 | +4.3% |
| Other operating charges | 640/8 | €9,117 | €12,698 | +€3,581 | +39.3% |
| Gross operating margin | 9900 | €576,458 | €405,709 | -€170,749 | -29.6% |
| Operating profit (loss) | 9901 | €261,210 | €101,182 | -€160,028 | -61.3% |
| Financial income | 75/76B | €90,167 | €20,127 | -€70,040 | -77.7% |
| Recurring financial income | 75 | €90,167 | €20,127 | -€70,040 | -77.7% |
| Financial charges | 65/66B | €5,525 | €2,722 | -€2,803 | -50.7% |
| Recurring financial charges | 65 | €5,525 | €2,722 | -€2,803 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €345,852 | €118,587 | -€227,265 | -65.7% |
| Income taxes | 67/77 | €96,372 | €37,231 | -€59,141 | -61.4% |
| Profit (loss) for the period | 9904 | €249,480 | €81,356 | -€168,124 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €249,480 | €81,356 | -€168,124 | -67.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.