HYDROSTEEL: what changed
HYDROSTEEL
Largest movements
- Receivables within one year +€26,476
up €26,476 (+62.8%), from €42,193 to €68,669
of which Trade receivables: +€21,574
- Tangible fixed assets -€5,593
down €5,593 (-22.6%), from €24,705 to €19,112
of which Furniture and vehicles: -€14,604
- Cash -€3,748
down €3,748 (-17.8%), from €21,088 to €17,340
mainly Receivables within one year (-€26,476) and Net result for the year (-€2,704)
- Trade debts +€22,330
up €22,330 (+31.6%), from €70,716 to €93,046
- Profit (loss) carried forward -€2,704
down €2,704 (-20.7%), from €13,077 to €10,374
- Other debts -€1,338
down €1,338 (-81.7%), from €1,638 to €300
- Tax, wage and social debts -€1,250
no longer reported in 2025 (was €1,250)
- Turnover -€347,986
down €347,986 (-29.0%), from €1.2m to €851,291
- Purchases and services -€333,328
down €333,328 (-28.3%), from €1.2m to €845,542
- Gross operating margin -€14,658
down €14,658 (-71.8%), from €20,407 to €5,749
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,082 | €105,121 | +€17,039 | +19.3% |
| Fixed assets | 21/28 | €24,705 | €19,112 | -€5,593 | -22.6% |
| Tangible fixed assets | 22/27 | €24,705 | €19,112 | -€5,593 | -22.6% |
| Plant, machinery and equipment | 23 | €10,100 | €8,334 | -€1,767 | -17.5% |
| Furniture and vehicles | 24 | €14,604 | - | -€14,604 | |
| Other tangible fixed assets | 26 | - | €10,778 | +€10,778 | |
| Current assets | 29/58 | €63,377 | €86,009 | +€22,632 | +35.7% |
| Amounts receivable within one year | 40/41 | €42,193 | €68,669 | +€26,476 | +62.8% |
| Trade receivables | 40 | €15,878 | €37,452 | +€21,574 | +136% |
| Other amounts receivable | 41 | €26,315 | €31,217 | +€4,902 | +18.6% |
| Cash at bank and in hand | 54/58 | €21,088 | €17,340 | -€3,748 | -17.8% |
| Deferred charges and accrued income | 490/1 | €97 | - | -€97 | |
| Total equity and liabilities | 10/49 | €88,082 | €105,121 | +€17,039 | +19.3% |
| Equity | 10/15 | €14,478 | €11,775 | -€2,704 | -18.7% |
| Contributions | 10/11 | €1 | - | -€1 | |
| Capital | 10 | €1 | - | -€1 | |
| Issued capital | 100 | €1 | - | -€1 | |
| Reserves | 13 | €1,400 | €1,401 | +€1 | +0.1% |
| Non-distributable reserves | 130/1 | €1,400 | €1 | -€1,399 | -99.9% |
| Legal reserve | 130 | €1,400 | - | -€1,400 | |
| Other | 1319 | - | €1 | +€1 | |
| Distributable reserves | 133 | - | €1,400 | +€1,400 | |
| Profit (loss) carried forward | 14 | €13,077 | €10,374 | -€2,704 | -20.7% |
| Amounts payable | 17/49 | €73,604 | €93,346 | +€19,742 | +26.8% |
| Amounts payable within one year | 42/48 | €73,604 | €93,346 | +€19,742 | +26.8% |
| Trade debts | 44 | €70,716 | €93,046 | +€22,330 | +31.6% |
| Suppliers | 440/4 | €70,716 | €93,046 | +€22,330 | +31.6% |
| Taxes, remuneration and social security | 45 | €1,250 | - | -€1,250 | |
| Remuneration and social security | 454/9 | €1,250 | - | -€1,250 | |
| Other amounts payable | 47/48 | €1,638 | €300 | -€1,338 | -81.7% |
| Turnover | 70 | €1,199,277 | €851,291 | -€347,986 | -29.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,178,870 | €845,542 | -€333,328 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,598 | €8,230 | +€5,632 | +217% |
| Other operating charges | 640/8 | €149 | €149 | = | 0.0% |
| Gross operating margin | 9900 | €20,407 | €5,749 | -€14,658 | -71.8% |
| Operating profit (loss) | 9901 | €17,660 | -€2,630 | -€20,289 | |
| Financial income | 75/76B | €17 | €3 | -€14 | -84.0% |
| Recurring financial income | 75 | €17 | €3 | -€14 | -84.0% |
| Financial charges | 65/66B | €3,199 | €77 | -€3,123 | -97.6% |
| Recurring financial charges | 65 | €3,199 | €77 | -€3,123 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | €14,477 | -€2,704 | -€17,181 | |
| Profit (loss) for the period | 9904 | €14,477 | -€2,704 | -€17,181 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,477 | -€2,704 | -€17,181 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.