HYDROS: 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.
HYDROS
Largest movements
- Receivables within one year -€146,230
no longer reported in 2024 (was €146,230)
of which Other amounts receivable: -€91,959
- Receivables after one year +€56,300
new in 2024: €56,300
of which Trade receivables: +€47,571
- Cash -€44,331
down €44,331 (-51.3%), from €86,464 to €42,133
mainly Receivables after one year (-€56,300) and Other debts (-€47,292)
- Current investments +€30,375
new in 2024: €30,375
- Tangible fixed assets -€9,405
down €9,405 (-4.7%), from €201,069 to €191,664
of which Furniture and vehicles: -€6,087
- Other debts -€47,292
down €47,292 (-37.8%), from €124,955 to €77,663
- Reserves -€31,523
down €31,523 (-19.1%), from €165,289 to €133,767
of which Distributable reserves: -€31,523
- Tax, wage and social debts -€17,176
down €17,176 (-65.9%), from €26,072 to €8,896
of which Remuneration and social security: -€10,901
- Profit (loss) carried forward -€13,551
new in 2024: -€13,551
- Debts after one year -€12,673
down €12,673 (-13.5%), from €93,621 to €80,948
- Taxes +€42,533
up €42,533 (+1358.3%), from €3,131 to €45,665
- Gross operating margin +€7,369
up €7,369 (+6.9%), from €106,268 to €113,637
- Financial income -€4,125
down €4,125 (-97.1%), from €4,249 to €123
- Other operating charges -€2,143
down €2,143 (-49.2%), from €4,359 to €2,216
- Write-downs +€1,560
new in 2024: €1,560
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €438,809 | €322,818 | -€115,992 | -26.4% |
| Fixed assets | 21/28 | €203,447 | €193,692 | -€9,755 | -4.8% |
| Intangible fixed assets | 21 | €2,328 | €1,978 | -€350 | -15.0% |
| Tangible fixed assets | 22/27 | €201,069 | €191,664 | -€9,405 | -4.7% |
| Land and buildings | 22 | €151,918 | €146,943 | -€4,975 | -3.3% |
| Plant, machinery and equipment | 23 | €32,019 | €33,675 | +€1,656 | +5.2% |
| Furniture and vehicles | 24 | €17,133 | €11,046 | -€6,087 | -35.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €235,363 | €129,126 | -€106,236 | -45.1% |
| Amounts receivable after more than one year | 29 | - | €56,300 | +€56,300 | |
| Trade receivables | 290 | - | €47,571 | +€47,571 | |
| Other amounts receivable | 291 | - | €8,729 | +€8,729 | |
| Amounts receivable within one year | 40/41 | €146,230 | - | -€146,230 | |
| Trade receivables | 40 | €54,271 | - | -€54,271 | |
| Other amounts receivable | 41 | €91,959 | - | -€91,959 | |
| Current investments | 50/53 | - | €30,375 | +€30,375 | |
| Cash at bank and in hand | 54/58 | €86,464 | €42,133 | -€44,331 | -51.3% |
| Deferred charges and accrued income | 490/1 | €2,669 | €319 | -€2,351 | -88.1% |
| Total equity and liabilities | 10/49 | €438,809 | €322,818 | -€115,992 | -26.4% |
| Equity | 10/15 | €171,489 | €126,415 | -€45,074 | -26.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €165,289 | €133,767 | -€31,523 | -19.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €163,430 | €131,908 | -€31,523 | -19.3% |
| Profit (loss) carried forward | 14 | - | -€13,551 | -€13,551 | |
| Amounts payable | 17/49 | €267,320 | €196,402 | -€70,918 | -26.5% |
| Amounts payable after more than one year | 17 | €93,621 | €80,948 | -€12,673 | -13.5% |
| Financial debts | 170/4 | €93,621 | €80,948 | -€12,673 | -13.5% |
| Amounts payable within one year | 42/48 | €173,617 | €115,455 | -€58,163 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €12,476 | €9,514 | -€2,962 | -23.7% |
| Trade debts | 44 | €10,115 | €19,382 | +€9,267 | +91.6% |
| Suppliers | 440/4 | €10,115 | €19,382 | +€9,267 | +91.6% |
| Taxes, remuneration and social security | 45 | €26,072 | €8,896 | -€17,176 | -65.9% |
| Taxes | 450/3 | €15,170 | €8,896 | -€6,275 | -41.4% |
| Remuneration and social security | 454/9 | €10,901 | - | -€10,901 | |
| Other amounts payable | 47/48 | €124,955 | €77,663 | -€47,292 | -37.8% |
| Accrued charges and deferred income | 492/3 | €82 | - | -€82 | |
| Remuneration, social security and pensions | 62 | €57,059 | €57,512 | +€453 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,230 | €18,424 | +€195 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,560 | +€1,560 | |
| Other operating charges | 640/8 | €4,359 | €2,216 | -€2,143 | -49.2% |
| Gross operating margin | 9900 | €106,268 | €113,637 | +€7,369 | +6.9% |
| Operating profit (loss) | 9901 | €26,619 | €33,924 | +€7,305 | +27.4% |
| Financial income | 75/76B | €4,249 | €123 | -€4,125 | -97.1% |
| Recurring financial income | 75 | €4,249 | €123 | -€4,125 | -97.1% |
| Financial charges | 65/66B | €1,844 | €1,935 | +€90 | +4.9% |
| Recurring financial charges | 65 | €1,844 | €1,935 | +€90 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €29,024 | €32,113 | +€3,089 | +10.6% |
| Income taxes | 67/77 | €3,131 | €45,665 | +€42,533 | +1358.3% |
| Profit (loss) for the period | 9904 | €25,892 | -€13,551 | -€39,444 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,892 | -€13,551 | -€39,444 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.