HYDROTECH: 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.
HYDROTECH
Largest movements
- Receivables within one year -€182,701
down €182,701 (-98.1%), from €186,334 to €3,633
- Cash +€21,183
up €21,183 (+160.6%), from €13,193 to €34,376
mainly Receivables within one year (+€182,701) and Investment in fixed assets (net) (+€5,309)
- Other debts -€127,898
down €127,898 (-47.0%), from €271,853 to €143,955
- Tax, wage and social debts -€27,360
down €27,360 (-99.8%), from €27,414 to €54
of which Remuneration and social security: -€17,396
- Reserves -€11,086
down €11,086 (-1.7%), from €642,114 to €631,028
of which Distributable reserves: -€11,086
- Gross operating margin -€77,210
down €77,210 (-57.5%), from €134,229 to €57,019
- Staff costs -€55,003
down €55,003 (-49.9%), from €110,171 to €55,168
- Depreciation -€10,046
down €10,046 (-100.0%), from €10,046 to €0
- Financial income -€4,086
down €4,086 (-89.3%), from €4,573 to €487
- Taxes -€2,755
down €2,755 (-89.0%), from €3,093 to €339
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €964,396 | €797,569 | -€166,827 | -17.3% |
| Fixed assets | 21/28 | €764,870 | €759,560 | -€5,309 | -0.7% |
| Tangible fixed assets | 22/27 | €47,608 | €42,299 | -€5,309 | -11.2% |
| Land and buildings | 22 | €42,299 | €42,299 | = | 0.0% |
| Furniture and vehicles | 24 | €5,309 | €0 | -€5,309 | -100.0% |
| Financial fixed assets | 28 | €717,262 | €717,262 | = | 0.0% |
| Current assets | 29/58 | €199,526 | €38,008 | -€161,518 | -81.0% |
| Amounts receivable within one year | 40/41 | €186,334 | €3,633 | -€182,701 | -98.1% |
| Other amounts receivable | 41 | €186,334 | €3,633 | -€182,701 | -98.1% |
| Cash at bank and in hand | 54/58 | €13,193 | €34,376 | +€21,183 | +160.6% |
| Total equity and liabilities | 10/49 | €964,396 | €797,569 | -€166,827 | -17.3% |
| Equity | 10/15 | €664,646 | €653,560 | -€11,086 | -1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €642,114 | €631,028 | -€11,086 | -1.7% |
| Tax-exempt reserves | 132 | €44,479 | €44,479 | = | 0.0% |
| Distributable reserves | 133 | €597,635 | €586,549 | -€11,086 | -1.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €3,932 | €3,932 | = | 0.0% |
| Amounts payable | 17/49 | €299,750 | €144,009 | -€155,741 | -52.0% |
| Amounts payable within one year | 42/48 | €299,750 | €144,009 | -€155,741 | -52.0% |
| Trade debts | 44 | €483 | €0 | -€483 | -100.0% |
| Suppliers | 440/4 | €483 | €0 | -€483 | -100.0% |
| Taxes, remuneration and social security | 45 | €27,414 | €54 | -€27,360 | -99.8% |
| Taxes | 450/3 | €10,018 | €54 | -€9,964 | -99.5% |
| Remuneration and social security | 454/9 | €17,396 | €0 | -€17,396 | -100.0% |
| Other amounts payable | 47/48 | €271,853 | €143,955 | -€127,898 | -47.0% |
| Non-recurring operating income | 76A | - | €91 | +€91 | |
| Remuneration, social security and pensions | 62 | €110,171 | €55,168 | -€55,003 | -49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,046 | €0 | -€10,046 | -100.0% |
| Other operating charges | 640/8 | €8,060 | €8,898 | +€838 | +10.4% |
| Gross operating margin | 9900 | €134,229 | €57,019 | -€77,210 | -57.5% |
| Operating profit (loss) | 9901 | €5,951 | -€7,047 | -€12,998 | |
| Financial income | 75/76B | €4,573 | €487 | -€4,086 | -89.3% |
| Recurring financial income | 75 | €4,573 | €487 | -€4,086 | -89.3% |
| Financial charges | 65/66B | €1,656 | €4,188 | +€2,533 | +153.0% |
| Recurring financial charges | 65 | €1,656 | €4,188 | +€2,533 | +153.0% |
| Profit (loss) for the period before taxes | 9903 | €8,868 | -€10,748 | -€19,616 | |
| Income taxes | 67/77 | €3,093 | €339 | -€2,755 | -89.0% |
| Profit (loss) for the period | 9904 | €5,775 | -€11,086 | -€16,861 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,775 | -€11,086 | -€16,861 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.