HYDROTEC: 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
HYDROTEC
NACE 46.649, Wholesale of other machinery and equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€376,514
2024 · €467,755-€91,241
Equity
€4.4m
2024 · €4.1m+€376,514
Cash
€1.3m
2024 · €1.3m+€55,340
Balance sheet total
€5.4m
2024 · €5.2m+€166,585
Largest movements
Assets
- Current investments +€451,096
up €451,096 (+50.8%), from €887,378 to €1.3m
- Receivables within one year -€259,220
down €259,220 (-14.4%), from €1.8m to €1.5m
of which Trade receivables: -€255,931
- Cash +€55,340
up €55,340 (+4.4%), from €1.3m to €1.3m
mainly Net result for the year (+€376,514) and Receivables within one year (+€259,220)
Equity and liabilities
- Reserves +€376,514
up €376,514 (+9.4%), from €4.0m to €4.4m
of which Distributable reserves: +€518,514
- Tax, wage and social debts -€116,466
down €116,466 (-66.9%), from €173,983 to €57,518
of which Taxes: -€115,453
- Debts after one year -€62,687
down €62,687 (-28.2%), from €221,964 to €159,277
Income statement
- Gross operating margin -€112,422
down €112,422 (-12.4%), from €909,517 to €797,095
- Taxes -€38,906
down €38,906 (-17.2%), from €226,059 to €187,153
- Financial income -€18,890
down €18,890 (-51.6%), from €36,644 to €17,753
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
€467,755
Gross operating margin
-€112,422
Staff costs
+€6,944
Depreciation
-€7,756
Other operating charges
+€206
Financial income
-€18,890
Financial charges
+€1,771
Taxes
+€38,906
Result 2025
€376,514
raises the resultlowers the result
Derived cash bridge
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
+€644,322
Investment
-€522,793
Financing
-€66,189
Cash 2024
€1.3m
From operations (derived)
+€644,322
Net result for the year
+€376,514
Depreciation
+€117,698
Receivables after one year
+€34,691
Stocks and contracts
+€3,517
Receivables within one year
+€259,220
Deferred charges and accrued income
-€3,578
Provisions
-€636
Trade debts
-€35,605
Tax, wage and social debts
-€116,466
Other debts
-€5,170
Accrued charges and deferred income
+€14,137
Investment (derived)
-€522,793
Investment in fixed assets (net)
-€71,696
Current investments
-€451,096
Financing
-€66,189
Debts after one year
-€62,687
Current portion of long-term debt
-€3,502
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,184,130 | €5,350,715 | +€166,585 | +3.2% |
| Fixed assets | 21/28 | €1,004,084 | €958,082 | -€46,002 | -4.6% |
| Tangible fixed assets | 22/27 | €1,004,084 | €958,082 | -€46,002 | -4.6% |
| Land and buildings | 22 | €851,566 | €798,922 | -€52,645 | -6.2% |
| Plant, machinery and equipment | 23 | €21,981 | €29,078 | +€7,097 | +32.3% |
| Furniture and vehicles | 24 | €58,509 | €74,434 | +€15,925 | +27.2% |
| Leasing and similar rights | 25 | €72,027 | €34,016 | -€38,012 | -52.8% |
| Other tangible fixed assets | 26 | - | €21,633 | +€21,633 | |
| Current assets | 29/58 | €4,180,046 | €4,392,633 | +€212,587 | +5.1% |
| Amounts receivable after more than one year | 29 | €34,691 | €0 | -€34,691 | -100% |
| Other amounts receivable | 291 | €34,691 | €0 | -€34,691 | -100% |
| Stocks and contracts in progress | 3 | €173,648 | €170,130 | -€3,517 | -2.0% |
| Stocks | 30/36 | €173,648 | €170,130 | -€3,517 | -2.0% |
| Amounts receivable within one year | 40/41 | €1,797,951 | €1,538,731 | -€259,220 | -14.4% |
| Trade receivables | 40 | €1,199,955 | €944,025 | -€255,931 | -21.3% |
| Other amounts receivable | 41 | €597,995 | €594,706 | -€3,289 | -0.6% |
| Current investments | 50/53 | €887,378 | €1,338,474 | +€451,096 | +50.8% |
| Cash at bank and in hand | 54/58 | €1,259,021 | €1,314,361 | +€55,340 | +4.4% |
| Deferred charges and accrued income | 490/1 | €27,358 | €30,936 | +€3,578 | +13.1% |
| Total equity and liabilities | 10/49 | €5,184,130 | €5,350,715 | +€166,585 | +3.2% |
| Equity | 10/15 | €4,062,646 | €4,439,161 | +€376,514 | +9.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €4,000,673 | €4,377,187 | +€376,514 | +9.4% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €310,800 | €168,800 | -€142,000 | -45.7% |
| Distributable reserves | 133 | €3,683,676 | €4,202,190 | +€518,514 | +14.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €190,000 | €189,364 | -€636 | -0.3% |
| Provisions for liabilities and charges | 160/5 | €190,000 | €189,364 | -€636 | -0.3% |
| Pensions and similar obligations | 160 | €190,000 | €189,364 | -€636 | -0.3% |
| Amounts payable | 17/49 | €931,484 | €722,190 | -€209,294 | -22.5% |
| Amounts payable after more than one year | 17 | €221,964 | €159,277 | -€62,687 | -28.2% |
| Financial debts | 170/4 | €221,964 | €159,277 | -€62,687 | -28.2% |
| Amounts payable within one year | 42/48 | €703,191 | €542,447 | -€160,743 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €66,189 | €62,687 | -€3,502 | -5.3% |
| Trade debts | 44 | €382,631 | €347,026 | -€35,605 | -9.3% |
| Suppliers | 440/4 | €382,631 | €347,026 | -€35,605 | -9.3% |
| Taxes, remuneration and social security | 45 | €173,983 | €57,518 | -€116,466 | -66.9% |
| Taxes | 450/3 | €165,166 | €49,712 | -€115,453 | -69.9% |
| Remuneration and social security | 454/9 | €8,817 | €7,805 | -€1,012 | -11.5% |
| Other amounts payable | 47/48 | €80,387 | €75,217 | -€5,170 | -6.4% |
| Accrued charges and deferred income | 492/3 | €6,330 | €20,466 | +€14,137 | +223% |
| Remuneration, social security and pensions | 62 | €101,315 | €94,370 | -€6,944 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,942 | €117,698 | +€7,756 | +7.1% |
| Other operating charges | 640/8 | €16,437 | €16,231 | -€206 | -1.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €909,517 | €797,095 | -€112,422 | -12.4% |
| Operating profit (loss) | 9901 | €681,823 | €568,795 | -€113,028 | -16.6% |
| Financial income | 75/76B | €36,644 | €17,753 | -€18,890 | -51.6% |
| Recurring financial income | 75 | €36,644 | €17,753 | -€18,890 | -51.6% |
| Financial charges | 65/66B | €24,653 | €22,882 | -€1,771 | -7.2% |
| Recurring financial charges | 65 | €24,653 | €22,882 | -€1,771 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €693,814 | €563,667 | -€130,148 | -18.8% |
| Income taxes | 67/77 | €226,059 | €187,153 | -€38,906 | -17.2% |
| Profit (loss) for the period | 9904 | €467,755 | €376,514 | -€91,241 | -19.5% |
| Transfer from tax-exempt reserves | 789 | - | €310,400 | +€310,400 | |
| Transfer to tax-exempt reserves | 689 | - | €168,400 | +€168,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €467,755 | €518,514 | +€50,759 | +10.9% |
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 22 October 2026 via checked.be.