HYRO SRL: 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.
HYRO SRL
Largest movements
- Tangible fixed assets +€110,461
up €110,461 (+24.5%), from €450,977 to €561,438
of which Land and buildings: +€111,197
- Cash -€45,948
down €45,948 (-81.0%), from €56,736 to €10,788
mainly Investment in fixed assets (net) (-€137,329) and Debts after one year (-€22,201)
- Receivables within one year +€18,770
up €18,770 (+25.2%), from €74,400 to €93,170
of which Trade receivables: +€18,872
- Profit (loss) carried forward +€80,070
up €80,070 (+85.2%), from €93,940 to €174,010
- Tax, wage and social debts +€25,918
up €25,918 (+504%), from €5,147 to €31,065
- Debts after one year -€22,201
down €22,201 (-6.2%), from €356,530 to €334,330
- Gross operating margin +€43,572
up €43,572 (+42.9%), from €101,555 to €145,128
- Taxes +€21,263
up €21,263 (+1,409%), from €1,509 to €22,773
- Depreciation +€15,636
up €15,636 (+139%), from €11,233 to €26,868
- Financial charges -€5,205
down €5,205 (-30.1%), from €17,304 to €12,099
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 | €793,613 | €877,256 | +€83,642 | +10.5% |
| Fixed assets | 21/28 | €662,477 | €772,938 | +€110,461 | +16.7% |
| Tangible fixed assets | 22/27 | €450,977 | €561,438 | +€110,461 | +24.5% |
| Land and buildings | 22 | €449,003 | €560,200 | +€111,197 | +24.8% |
| Furniture and vehicles | 24 | €1,975 | €1,238 | -€737 | -37.3% |
| Financial fixed assets | 28 | €211,500 | €211,500 | = | 0.0% |
| Current assets | 29/58 | €131,136 | €104,318 | -€26,818 | -20.5% |
| Amounts receivable within one year | 40/41 | €74,400 | €93,170 | +€18,770 | +25.2% |
| Trade receivables | 40 | €74,298 | €93,170 | +€18,872 | +25.4% |
| Other amounts receivable | 41 | €102 | - | -€102 | |
| Cash at bank and in hand | 54/58 | €56,736 | €10,788 | -€45,948 | -81.0% |
| Deferred charges and accrued income | 490/1 | - | €359 | +€359 | |
| Total equity and liabilities | 10/49 | €793,613 | €877,256 | +€83,642 | +10.5% |
| Equity | 10/15 | €107,140 | €187,210 | +€80,070 | +74.7% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €1,200 | €1,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,200 | €1,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,940 | €174,010 | +€80,070 | +85.2% |
| Amounts payable | 17/49 | €686,473 | €690,046 | +€3,572 | +0.5% |
| Amounts payable after more than one year | 17 | €356,530 | €334,330 | -€22,201 | -6.2% |
| Financial debts | 170/4 | €356,530 | €334,330 | -€22,201 | -6.2% |
| Amounts payable within one year | 42/48 | €328,236 | €354,041 | +€25,804 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €21,621 | €22,201 | +€580 | +2.7% |
| Financial debts | 43 | - | €8 | +€8 | |
| Credit institutions | 430/8 | - | €8 | +€8 | |
| Trade debts | 44 | €1,231 | €328 | -€904 | -73.4% |
| Suppliers | 440/4 | €1,231 | €328 | -€904 | -73.4% |
| Taxes, remuneration and social security | 45 | €5,147 | €31,065 | +€25,918 | +504% |
| Taxes | 450/3 | €5,147 | €31,065 | +€25,918 | +504% |
| Other amounts payable | 47/48 | €300,237 | €300,439 | +€201 | +0.1% |
| Accrued charges and deferred income | 492/3 | €1,707 | €1,675 | -€32 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,233 | €26,868 | +€15,636 | +139% |
| Other operating charges | 640/8 | €2,711 | €3,318 | +€607 | +22.4% |
| Non-recurring operating charges | 66A | €59,421 | - | -€59,421 | |
| Gross operating margin | 9900 | €101,555 | €145,128 | +€43,572 | +42.9% |
| Operating profit (loss) | 9901 | €28,191 | €114,941 | +€86,750 | +308% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €17,304 | €12,099 | -€5,205 | -30.1% |
| Recurring financial charges | 65 | €17,304 | €12,099 | -€5,205 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €10,887 | €102,843 | +€91,955 | +845% |
| Income taxes | 67/77 | €1,509 | €22,773 | +€21,263 | +1,409% |
| Profit (loss) for the period | 9904 | €9,378 | €80,070 | +€70,692 | +754% |
| Profit (loss) for the period to be appropriated | 9905 | €9,378 | €80,070 | +€70,692 | +754% |
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 18 October 2026 via checked.be.