HydroSub tech: what changed
Two fiscal 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.
HydroSub tech
Largest movements
- Cash +€24,355
up €24,355 (+762.1%), from €3,196 to €27,550
mainly Other debts (+€28,793) and Trade debts (+€5,295)
- Receivables within one year +€10,743
up €10,743 (+8.5%), from €126,956 to €137,699
of which Trade receivables: +€15,853
- Other debts +€28,793
up €28,793 (+28.8%), from €100,126 to €128,919
- Trade debts +€5,295
up €5,295 (+173.8%), from €3,046 to €8,341
- Gross operating margin +€22,537
up €22,537, from -€13,407 to €9,129
- Taxes +€1,124
up €1,124 (+28.5%), from €3,941 to €5,065
- Depreciation -€768
down €768 (-15.8%), from €4,877 to €4,108
- Financial charges +€381
up €381 (+133.7%), from €285 to €665
- Other operating charges -€209
down €209 (-20.0%), from €1,045 to €836
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 | €193,059 | €223,944 | +€30,886 | +16.0% |
| Fixed assets | 21/28 | €60,837 | €58,617 | -€2,220 | -3.6% |
| Tangible fixed assets | 22/27 | €60,837 | €58,617 | -€2,220 | -3.6% |
| Land and buildings | 22 | €54,950 | €54,950 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,115 | €3,342 | -€773 | -18.8% |
| Furniture and vehicles | 24 | €1,771 | €325 | -€1,447 | -81.7% |
| Current assets | 29/58 | €132,222 | €165,327 | +€33,105 | +25.0% |
| Stocks and contracts in progress | 3 | €1,994 | €0 | -€1,994 | -100.0% |
| Stocks | 30/36 | €1,994 | €0 | -€1,994 | -100.0% |
| Amounts receivable within one year | 40/41 | €126,956 | €137,699 | +€10,743 | +8.5% |
| Trade receivables | 40 | €104,205 | €120,057 | +€15,853 | +15.2% |
| Other amounts receivable | 41 | €22,751 | €17,642 | -€5,110 | -22.5% |
| Cash at bank and in hand | 54/58 | €3,196 | €27,550 | +€24,355 | +762.1% |
| Deferred charges and accrued income | 490/1 | €76 | €78 | +€2 | +3.2% |
| Total equity and liabilities | 10/49 | €193,059 | €223,944 | +€30,886 | +16.0% |
| Equity | 10/15 | €87,775 | €86,229 | -€1,546 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,130 | €105,130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €270 | €0 | -€270 | -100.0% |
| Reserves not available under the articles | 1311 | €270 | €0 | -€270 | -100.0% |
| Distributable reserves | 133 | €104,860 | €105,130 | +€270 | +0.3% |
| Profit (loss) carried forward | 14 | -€23,555 | -€25,101 | -€1,546 | -6.6% |
| Amounts payable | 17/49 | €105,284 | €137,715 | +€32,431 | +30.8% |
| Amounts payable within one year | 42/48 | €105,284 | €137,715 | +€32,431 | +30.8% |
| Trade debts | 44 | €3,046 | €8,341 | +€5,295 | +173.8% |
| Suppliers | 440/4 | €3,046 | €8,341 | +€5,295 | +173.8% |
| Taxes, remuneration and social security | 45 | €2,112 | €455 | -€1,657 | -78.5% |
| Taxes | 450/3 | €2,112 | €455 | -€1,657 | -78.5% |
| Other amounts payable | 47/48 | €100,126 | €128,919 | +€28,793 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,877 | €4,108 | -€768 | -15.8% |
| Other operating charges | 640/8 | €1,045 | €836 | -€209 | -20.0% |
| Gross operating margin | 9900 | -€13,407 | €9,129 | +€22,537 | |
| Operating profit (loss) | 9901 | -€19,329 | €4,184 | +€23,514 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €285 | €665 | +€381 | +133.7% |
| Recurring financial charges | 65 | €285 | €665 | +€381 | +133.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,614 | €3,519 | +€23,133 | |
| Income taxes | 67/77 | €3,941 | €5,065 | +€1,124 | +28.5% |
| Profit (loss) for the period | 9904 | -€23,555 | -€1,546 | +€22,009 | +93.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,555 | -€1,546 | +€22,009 | +93.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.