HYDROTRACK: 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.
HYDROTRACK
Largest movements
- Tangible fixed assets -€6,759
down €6,759 (-38.6%), from €17,490 to €10,730
- Receivables within one year +€4,198
up €4,198 (+7.3%), from €57,291 to €61,490
of which Trade receivables: +€4,417
- Current portion of long-term debt -€7,081
down €7,081 (-95.5%), from €7,414 to €334
- Profit (loss) carried forward +€1,890
up €1,890 (+15.5%), from -€12,227 to -€10,337
- Other debts +€1,137
up €1,137 (+7.9%), from €14,358 to €15,495
- Tax, wage and social debts +€1,022
up €1,022 (+9.1%), from €11,284 to €12,306
of which Taxes: +€3,218
- Staff costs -€7,807
down €7,807 (-24.9%), from €31,336 to €23,529
- Gross operating margin -€6,375
down €6,375 (-15.8%), from €40,234 to €33,858
- Depreciation -€3,649
down €3,649 (-51.1%), from €7,140 to €3,491
- Financial income -€2,425
no longer reported in 2025 (was €2,425)
- Financial charges +€935
up €935 (+164%), from €570 to €1,505
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 | €76,183 | €73,167 | -€3,017 | -4.0% |
| Fixed assets | 21/28 | €17,666 | €10,906 | -€6,759 | -38.3% |
| Tangible fixed assets | 22/27 | €17,490 | €10,730 | -€6,759 | -38.6% |
| Furniture and vehicles | 24 | €17,490 | €10,730 | -€6,759 | -38.6% |
| Financial fixed assets | 28 | €176 | €176 | = | 0.0% |
| Current assets | 29/58 | €58,518 | €62,261 | +€3,743 | +6.4% |
| Amounts receivable within one year | 40/41 | €57,291 | €61,490 | +€4,198 | +7.3% |
| Trade receivables | 40 | €9,520 | €13,937 | +€4,417 | +46.4% |
| Other amounts receivable | 41 | €47,771 | €47,553 | -€218 | -0.5% |
| Cash at bank and in hand | 54/58 | €787 | €771 | -€16 | -2.0% |
| Deferred charges and accrued income | 490/1 | €439 | - | -€439 | |
| Total equity and liabilities | 10/49 | €76,183 | €73,167 | -€3,017 | -4.0% |
| Equity | 10/15 | €42,309 | €44,199 | +€1,890 | +4.5% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Capital | 10 | €49,579 | €49,579 | = | 0.0% |
| Issued capital | 100 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €4,958 | €4,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Legal reserve | 130 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,227 | -€10,337 | +€1,890 | +15.5% |
| Amounts payable | 17/49 | €33,874 | €28,968 | -€4,906 | -14.5% |
| Amounts payable after more than one year | 17 | €334 | - | -€334 | |
| Financial debts | 170/4 | €334 | - | -€334 | |
| Amounts payable within one year | 42/48 | €33,540 | €28,580 | -€4,960 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €7,414 | €334 | -€7,081 | -95.5% |
| Trade debts | 44 | €484 | €446 | -€38 | -7.9% |
| Suppliers | 440/4 | €484 | €446 | -€38 | -7.9% |
| Taxes, remuneration and social security | 45 | €11,284 | €12,306 | +€1,022 | +9.1% |
| Taxes | 450/3 | €6,481 | €9,699 | +€3,218 | +49.6% |
| Remuneration and social security | 454/9 | €4,802 | €2,607 | -€2,195 | -45.7% |
| Other amounts payable | 47/48 | €14,358 | €15,495 | +€1,137 | +7.9% |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Remuneration, social security and pensions | 62 | €31,336 | €23,529 | -€7,807 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,140 | €3,491 | -€3,649 | -51.1% |
| Other operating charges | 640/8 | €1,047 | €931 | -€116 | -11.1% |
| Non-recurring operating charges | 66A | - | €1,693 | +€1,693 | |
| Gross operating margin | 9900 | €40,234 | €33,858 | -€6,375 | -15.8% |
| Operating profit (loss) | 9901 | €712 | €4,215 | +€3,504 | +492% |
| Financial income | 75/76B | €2,425 | - | -€2,425 | |
| Recurring financial income | 75 | €2,425 | - | -€2,425 | |
| Financial charges | 65/66B | €570 | €1,505 | +€935 | +164% |
| Recurring financial charges | 65 | €570 | €1,505 | +€935 | +164% |
| Profit (loss) for the period before taxes | 9903 | €2,566 | €2,710 | +€144 | +5.6% |
| Income taxes | 67/77 | €1,523 | €821 | -€702 | -46.1% |
| Profit (loss) for the period | 9904 | €1,043 | €1,890 | +€846 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,043 | €1,890 | +€846 | +81.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.