HYDROscan: 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.
What changed
HYDROscan
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€114,352
2024 · €45,976+€68,376
Equity
€1.3m
2024 · €1.2m+€114,352
Cash
€114,109
2024 · €227,283-€113,174
Balance sheet total
€3.3m
2024 · €3.1m+€229,995
Largest movements
Assets
- Receivables within one year +€465,631
up €465,631 (+32.5%), from €1.4m to €1.9m
of which Trade receivables: +€365,703
- Intangible fixed assets -€116,207
down €116,207 (-16.0%), from €727,096 to €610,889
- Cash -€113,174
down €113,174 (-49.8%), from €227,283 to €114,109
mainly Receivables within one year (-€465,631) and Investment in fixed assets (net) (-€430,566)
Equity and liabilities
- Trade debts +€304,468
up €304,468 (+223.7%), from €136,080 to €440,548
- Accrued charges and deferred income -€254,249
down €254,249 (-56.2%), from €452,219 to €197,971
- Short-term financial debts +€230,000
up €230,000 (+148.4%), from €155,000 to €385,000
- Debts after one year -€148,765
down €148,765 (-28.9%), from €514,626 to €365,861
- Profit (loss) carried forward +€108,635
up €108,635 (+39.0%), from €278,745 to €387,380
Income statement
- Depreciation -€137,529
down €137,529 (-19.3%), from €713,806 to €576,277
- Staff costs +€134,519
up €134,519 (+4.2%), from €3.2m to €3.3m
- Gross operating margin +€101,296
up €101,296 (+2.6%), from €3.9m to €4.0m
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.
Result 2024
€45,976
Gross operating margin
+€101,296
Staff costs
-€134,519
Depreciation
+€137,529
Provisions
-€27,867
Other operating charges
-€8,883
Financial income
+€8,124
Financial charges
+€9,494
Taxes
-€16,798
Result 2025
€114,352
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.
From operations
+€264,373
Investment
-€454,598
Financing
+€77,051
Cash 2024
€227,283
From operations (derived)
+€264,373
Net result for the year
+€114,352
Depreciation
+€576,277
Receivables within one year
-€465,631
Smaller working-capital items
+€2,175
Provisions
+€37,317
Trade debts
+€304,468
Tax, wage and social debts
-€50,336
Accrued charges and deferred income
-€254,249
Investment (derived)
-€454,598
Investment in fixed assets (net)
-€430,566
Current investments
-€24,032
Financing
+€77,051
Debts after one year
-€148,765
Current portion of long-term debt
-€4,185
Short-term financial debts
+€230,000
Cash 2025
€114,109
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,065,149 | €3,295,144 | +€229,995 | +7.5% |
| Fixed assets | 21/28 | €1,335,609 | €1,189,898 | -€145,711 | -10.9% |
| Intangible fixed assets | 21 | €727,096 | €610,889 | -€116,207 | -16.0% |
| Tangible fixed assets | 22/27 | €75,837 | €46,233 | -€29,604 | -39.0% |
| Plant, machinery and equipment | 23 | €6,544 | €5,839 | -€705 | -10.8% |
| Furniture and vehicles | 24 | €63,555 | €37,376 | -€26,180 | -41.2% |
| Other tangible fixed assets | 26 | €5,737 | €3,018 | -€2,719 | -47.4% |
| Financial fixed assets | 28 | €532,676 | €532,776 | +€100 | 0.0% |
| Current assets | 29/58 | €1,729,540 | €2,105,246 | +€375,706 | +21.7% |
| Amounts receivable within one year | 40/41 | €1,434,679 | €1,900,311 | +€465,631 | +32.5% |
| Trade receivables | 40 | €1,189,635 | €1,555,338 | +€365,703 | +30.7% |
| Other amounts receivable | 41 | €245,045 | €344,973 | +€99,928 | +40.8% |
| Current investments | 50/53 | €37,800 | €61,832 | +€24,032 | +63.6% |
| Cash at bank and in hand | 54/58 | €227,283 | €114,109 | -€113,174 | -49.8% |
| Deferred charges and accrued income | 490/1 | €29,778 | €28,994 | -€783 | -2.6% |
| Total equity and liabilities | 10/49 | €3,065,149 | €3,295,144 | +€229,995 | +7.5% |
| Equity | 10/15 | €1,155,032 | €1,269,384 | +€114,352 | +9.9% |
| Contributions | 10/11 | €222,689 | €222,689 | = | 0.0% |
| Capital | 10 | €222,689 | €222,689 | = | 0.0% |
| Issued capital | 100 | €222,689 | €222,689 | = | 0.0% |
| Reserves | 13 | €653,598 | €659,316 | +€5,718 | +0.9% |
| Non-distributable reserves | 130/1 | €14,568 | €20,285 | +€5,718 | +39.2% |
| Legal reserve | 130 | €14,568 | €20,285 | +€5,718 | +39.2% |
| Tax-exempt reserves | 132 | €885 | €885 | = | 0.0% |
| Distributable reserves | 133 | €638,146 | €638,146 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,745 | €387,380 | +€108,635 | +39.0% |
| Provisions and deferred taxes | 16 | €9,450 | €46,767 | +€37,317 | +394.9% |
| Provisions for liabilities and charges | 160/5 | €9,450 | €46,767 | +€37,317 | +394.9% |
| Other liabilities and charges | 164/5 | €9,450 | €46,767 | +€37,317 | +394.9% |
| Amounts payable | 17/49 | €1,900,667 | €1,978,993 | +€78,326 | +4.1% |
| Amounts payable after more than one year | 17 | €514,626 | €365,861 | -€148,765 | -28.9% |
| Financial debts | 170/4 | €514,626 | €365,861 | -€148,765 | -28.9% |
| Amounts payable within one year | 42/48 | €933,822 | €1,415,161 | +€481,339 | +51.5% |
| Current portion of amounts payable after more than one year | 42 | €174,956 | €170,771 | -€4,185 | -2.4% |
| Financial debts | 43 | €155,000 | €385,000 | +€230,000 | +148.4% |
| Credit institutions | 430/8 | €155,000 | €385,000 | +€230,000 | +148.4% |
| Trade debts | 44 | €136,080 | €440,548 | +€304,468 | +223.7% |
| Suppliers | 440/4 | €136,080 | €440,548 | +€304,468 | +223.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €467,786 | €417,451 | -€50,336 | -10.8% |
| Taxes | 450/3 | €123,931 | €64,314 | -€59,618 | -48.1% |
| Remuneration and social security | 454/9 | €343,855 | €353,137 | +€9,282 | +2.7% |
| Other amounts payable | 47/48 | €0 | €1,392 | +€1,392 | |
| Accrued charges and deferred income | 492/3 | €452,219 | €197,971 | -€254,249 | -56.2% |
| Non-recurring operating income | 76A | €2,269 | €8,421 | +€6,152 | +271.2% |
| Remuneration, social security and pensions | 62 | €3,198,931 | €3,333,450 | +€134,519 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €713,806 | €576,277 | -€137,529 | -19.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €9,450 | €37,317 | +€27,867 | +294.9% |
| Other operating charges | 640/8 | €17,387 | €26,270 | +€8,883 | +51.1% |
| Gross operating margin | 9900 | €3,946,515 | €4,047,811 | +€101,296 | +2.6% |
| Operating profit (loss) | 9901 | €6,942 | €74,498 | +€67,556 | +973.2% |
| Financial income | 75/76B | €70,316 | €78,440 | +€8,124 | +11.6% |
| Recurring financial income | 75 | €70,316 | €78,440 | +€8,124 | +11.6% |
| Financial charges | 65/66B | €68,423 | €58,929 | -€9,494 | -13.9% |
| Recurring financial charges | 65 | €59,122 | €58,929 | -€193 | -0.3% |
| Non-recurring financial charges | 66B | €9,301 | €0 | -€9,301 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €8,834 | €94,009 | +€85,174 | +964.1% |
| Income taxes | 67/77 | -€37,142 | -€20,344 | +€16,798 | +45.2% |
| Profit (loss) for the period | 9904 | €45,976 | €114,352 | +€68,376 | +148.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,976 | €114,352 | +€68,376 | +148.7% |
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.