HYDROTONIS: 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.
HYDROTONIS
Largest movements
- Tangible fixed assets +€37,994
up €37,994 (+24.7%), from €153,910 to €191,904
of which Leasing and similar rights: +€46,526
- Receivables within one year +€2,744
up €2,744 (+21.0%), from €13,050 to €15,794
- Profit (loss) carried forward +€61,197
up €61,197 (+67.5%), from -€90,709 to -€29,512
- Other debts -€48,681
down €48,681 (-54.6%), from €89,207 to €40,526
- Tax, wage and social debts +€23,034
up €23,034 (+232%), from €9,930 to €32,964
- Trade debts +€5,571
up €5,571 (+11.0%), from €50,674 to €56,245
- Current portion of long-term debt -€3,772
down €3,772 (-9.8%), from €38,330 to €34,558
- Gross operating margin +€90,304
up €90,304 (+263%), from €34,324 to €124,628
- Taxes +€20,735
up €20,735 (+611%), from €3,395 to €24,130
- Depreciation +€7,520
up €7,520 (+43.9%), from €17,114 to €24,634
- Other operating charges +€5,442
up €5,442 (+152%), from €3,592 to €9,034
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 | €172,072 | €213,080 | +€41,008 | +23.8% |
| Fixed assets | 21/28 | €159,022 | €197,016 | +€37,994 | +23.9% |
| Tangible fixed assets | 22/27 | €153,910 | €191,904 | +€37,994 | +24.7% |
| Land and buildings | 22 | €150,788 | €135,309 | -€15,479 | -10.3% |
| Plant, machinery and equipment | 23 | €3,122 | €10,069 | +€6,947 | +223% |
| Leasing and similar rights | 25 | - | €46,526 | +€46,526 | |
| Financial fixed assets | 28 | €5,112 | €5,112 | = | 0.0% |
| Current assets | 29/58 | €13,050 | €16,064 | +€3,014 | +23.1% |
| Amounts receivable within one year | 40/41 | €13,050 | €15,794 | +€2,744 | +21.0% |
| Trade receivables | 40 | €13,050 | €15,794 | +€2,744 | +21.0% |
| Cash at bank and in hand | 54/58 | - | €270 | +€270 | |
| Total equity and liabilities | 10/49 | €172,072 | €213,080 | +€41,008 | +23.8% |
| Equity | 10/15 | -€66,761 | -€5,564 | +€61,197 | +91.7% |
| Contributions | 10/11 | €21,071 | €21,071 | = | 0.0% |
| Capital | 10 | €21,071 | €21,071 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Uncalled capital | 101 | €9,916 | €9,916 | = | 0.0% |
| Reserves | 13 | €2,877 | €2,877 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,877 | €2,877 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,877 | €2,877 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,709 | -€29,512 | +€61,197 | +67.5% |
| Amounts payable | 17/49 | €238,833 | €218,644 | -€20,189 | -8.5% |
| Amounts payable after more than one year | 17 | €42,231 | €44,358 | +€2,127 | +5.0% |
| Financial debts | 170/4 | €42,231 | €44,358 | +€2,127 | +5.0% |
| Amounts payable within one year | 42/48 | €196,602 | €174,286 | -€22,316 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €38,330 | €34,558 | -€3,772 | -9.8% |
| Financial debts | 43 | €8,461 | €9,993 | +€1,532 | +18.1% |
| Credit institutions | 430/8 | €8,461 | €9,993 | +€1,532 | +18.1% |
| Trade debts | 44 | €50,674 | €56,245 | +€5,571 | +11.0% |
| Suppliers | 440/4 | €50,674 | €56,245 | +€5,571 | +11.0% |
| Taxes, remuneration and social security | 45 | €9,930 | €32,964 | +€23,034 | +232% |
| Taxes | 450/3 | €9,930 | €32,964 | +€23,034 | +232% |
| Other amounts payable | 47/48 | €89,207 | €40,526 | -€48,681 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,114 | €24,634 | +€7,520 | +43.9% |
| Other operating charges | 640/8 | €3,592 | €9,034 | +€5,442 | +152% |
| Gross operating margin | 9900 | €34,324 | €124,628 | +€90,304 | +263% |
| Operating profit (loss) | 9901 | €13,618 | €90,960 | +€77,342 | +568% |
| Financial charges | 65/66B | €6,791 | €5,633 | -€1,158 | -17.1% |
| Recurring financial charges | 65 | €6,791 | €5,633 | -€1,158 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €6,827 | €85,327 | +€78,500 | +1,150% |
| Income taxes | 67/77 | €3,395 | €24,130 | +€20,735 | +611% |
| Profit (loss) for the period | 9904 | €3,432 | €61,197 | +€57,765 | +1,683% |
| Profit (loss) for the period to be appropriated | 9905 | €3,432 | €61,197 | +€57,765 | +1,683% |
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 17 October 2026 via checked.be.