HYDROWARE: 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.
HYDROWARE
Largest movements
- Receivables within one year -€115,261
down €115,261 (-38.6%), from €298,742 to €183,481
of which Trade receivables: -€116,473
- Cash +€20,074
up €20,074 (+67.6%), from €29,697 to €49,771
mainly Receivables within one year (+€115,261) and Other debts (+€3,888)
- Trade debts -€99,327
down €99,327 (-33.5%), from €296,239 to €196,911
- Other debts +€3,888
up €3,888 (+6.7%), from €57,932 to €61,820
- Gross operating margin -€20,732
down €20,732 (-83.2%), from €24,925 to €4,193
- Other operating charges -€789
no longer reported in 2025 (was €789)
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.
Cash bridge derived
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 | €328,439 | €233,252 | -€95,187 | -29.0% |
| Current assets | 29/58 | €328,439 | €233,252 | -€95,187 | -29.0% |
| Amounts receivable within one year | 40/41 | €298,742 | €183,481 | -€115,261 | -38.6% |
| Trade receivables | 40 | €295,166 | €178,694 | -€116,473 | -39.5% |
| Other amounts receivable | 41 | €3,575 | €4,787 | +€1,212 | +33.9% |
| Cash at bank and in hand | 54/58 | €29,697 | €49,771 | +€20,074 | +67.6% |
| Total equity and liabilities | 10/49 | €328,439 | €233,252 | -€95,187 | -29.0% |
| Equity | 10/15 | -€25,732 | -€25,480 | +€252 | +1.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,732 | -€30,480 | +€252 | +0.8% |
| Amounts payable | 17/49 | €354,171 | €258,732 | -€95,439 | -26.9% |
| Amounts payable within one year | 42/48 | €354,171 | €258,732 | -€95,439 | -26.9% |
| Trade debts | 44 | €296,239 | €196,911 | -€99,327 | -33.5% |
| Suppliers | 440/4 | €296,239 | €196,911 | -€99,327 | -33.5% |
| Other amounts payable | 47/48 | €57,932 | €61,820 | +€3,888 | +6.7% |
| Other operating charges | 640/8 | €789 | - | -€789 | |
| Gross operating margin | 9900 | €24,925 | €4,193 | -€20,732 | -83.2% |
| Operating profit (loss) | 9901 | €24,136 | €4,193 | -€19,943 | -82.6% |
| Financial charges | 65/66B | €3,876 | €3,941 | +€64 | +1.7% |
| Recurring financial charges | 65 | €3,876 | €3,941 | +€64 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €20,259 | €252 | -€20,007 | -98.8% |
| Profit (loss) for the period | 9904 | €20,259 | €252 | -€20,007 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,259 | €252 | -€20,007 | -98.8% |
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 9 October 2026 via checked.be.