HYDROTEC VENTILATION: 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.
HYDROTEC VENTILATION
Largest movements
- Cash +€108,603
up €108,603 (+157%), from €69,341 to €177,943
mainly Trade debts (+€93,823) and Current investments (+€85,000)
- Tangible fixed assets +€105,626
up €105,626 (+941%), from €11,231 to €116,857
of which Furniture and vehicles: +€106,095
- Current investments -€85,000
no longer reported in 2025 (was €85,000)
- Receivables within one year +€28,254
up €28,254 (+16.2%), from €174,881 to €203,135
of which Trade receivables: +€26,622
- Stocks and contracts -€17,750
down €17,750 (-21.8%), from €81,263 to €63,512
- Trade debts +€93,823
up €93,823 (+52.2%), from €179,729 to €273,552
- Debts after one year +€58,618
new in 2025: €58,618
- Other debts -€15,800
down €15,800 (-23.2%), from €68,013 to €52,213
- Current portion of long-term debt +€12,332
up €12,332 (+190%), from €6,490 to €18,822
- Tax, wage and social debts -€8,354
down €8,354 (-21.7%), from €38,462 to €30,108
of which Taxes: -€4,253
- Staff costs -€26,644
down €26,644 (-6.3%), from €423,915 to €397,271
- Depreciation +€16,212
up €16,212 (+209%), from €7,772 to €23,984
- Other operating charges +€11,383
up €11,383 (+184%), from €6,173 to €17,556
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €423,923 | €565,782 | +€141,859 | +33.5% |
| Fixed assets | 21/28 | €13,115 | €118,741 | +€105,626 | +805% |
| Tangible fixed assets | 22/27 | €11,231 | €116,857 | +€105,626 | +941% |
| Plant, machinery and equipment | 23 | €2,851 | €2,382 | -€469 | -16.4% |
| Furniture and vehicles | 24 | €8,379 | €114,474 | +€106,095 | +1,266% |
| Financial fixed assets | 28 | €1,884 | €1,884 | = | 0.0% |
| Current assets | 29/58 | €410,808 | €447,041 | +€36,233 | +8.8% |
| Stocks and contracts in progress | 3 | €81,263 | €63,512 | -€17,750 | -21.8% |
| Stocks | 30/36 | €81,263 | €63,512 | -€17,750 | -21.8% |
| Amounts receivable within one year | 40/41 | €174,881 | €203,135 | +€28,254 | +16.2% |
| Trade receivables | 40 | €155,716 | €182,338 | +€26,622 | +17.1% |
| Other amounts receivable | 41 | €19,165 | €20,797 | +€1,632 | +8.5% |
| Current investments | 50/53 | €85,000 | - | -€85,000 | |
| Cash at bank and in hand | 54/58 | €69,341 | €177,943 | +€108,603 | +157% |
| Deferred charges and accrued income | 490/1 | €324 | €2,451 | +€2,127 | +657% |
| Total equity and liabilities | 10/49 | €423,923 | €565,782 | +€141,859 | +33.5% |
| Equity | 10/15 | €105,626 | €106,910 | +€1,284 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,026 | €88,310 | +€1,284 | +1.5% |
| Distributable reserves | 133 | €87,026 | €88,310 | +€1,284 | +1.5% |
| Amounts payable | 17/49 | €318,297 | €458,872 | +€140,575 | +44.2% |
| Amounts payable after more than one year | 17 | - | €58,618 | +€58,618 | |
| Financial debts | 170/4 | - | €58,618 | +€58,618 | |
| Amounts payable within one year | 42/48 | €318,240 | €400,253 | +€82,013 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €6,490 | €18,822 | +€12,332 | +190% |
| Financial debts | 43 | €25,009 | €25,023 | +€13 | +0.1% |
| Credit institutions | 430/8 | €25,009 | €25,023 | +€13 | +0.1% |
| Trade debts | 44 | €179,729 | €273,552 | +€93,823 | +52.2% |
| Suppliers | 440/4 | €179,729 | €273,552 | +€93,823 | +52.2% |
| Advances received on contracts in progress | 46 | €536 | €536 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €38,462 | €30,108 | -€8,354 | -21.7% |
| Taxes | 450/3 | €8,505 | €4,252 | -€4,253 | -50.0% |
| Remuneration and social security | 454/9 | €29,957 | €25,856 | -€4,101 | -13.7% |
| Other amounts payable | 47/48 | €68,013 | €52,213 | -€15,800 | -23.2% |
| Accrued charges and deferred income | 492/3 | €57 | - | -€57 | |
| Remuneration, social security and pensions | 62 | €423,915 | €397,271 | -€26,644 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,772 | €23,984 | +€16,212 | +209% |
| Other operating charges | 640/8 | €6,173 | €17,556 | +€11,383 | +184% |
| Gross operating margin | 9900 | €454,202 | €454,795 | +€593 | +0.1% |
| Operating profit (loss) | 9901 | €16,343 | €15,984 | -€359 | -2.2% |
| Financial income | 75/76B | €578 | €199 | -€378 | -65.5% |
| Recurring financial income | 75 | €578 | €199 | -€378 | -65.5% |
| Financial charges | 65/66B | €5,844 | €5,647 | -€196 | -3.4% |
| Recurring financial charges | 65 | €5,844 | €5,647 | -€196 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €11,077 | €10,536 | -€541 | -4.9% |
| Income taxes | 67/77 | €6,417 | €9,252 | +€2,835 | +44.2% |
| Profit (loss) for the period | 9904 | €4,660 | €1,284 | -€3,376 | -72.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,660 | €1,284 | -€3,376 | -72.4% |
Source: filed annual accounts (NBB), financial years ended 1 July 2024 and 1 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.