Norsk Hydro E.U.: 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.
Norsk Hydro E.U.
Largest movements
- Cash +€79,251
up €79,251 (+95.4%), from €83,106 to €162,357
mainly Trade debts (+€85,668) and Tax, wage and social debts (+€19,124)
- Receivables within one year +€55,021
up €55,021 (+39.2%), from €140,205 to €195,227
of which Trade receivables: +€58,852
- Deferred charges and accrued income -€14,132
down €14,132 (-33.6%), from €42,025 to €27,893
- Trade debts +€85,668
up €85,668 (+414%), from €20,682 to €106,350
- Tax, wage and social debts +€19,124
up €19,124 (+22.0%), from €86,826 to €105,950
of which Taxes: +€22,020
- Profit (loss) carried forward +€15,348
up €15,348 (+11.2%), from €137,368 to €152,716
- Gross operating margin +€138,494
up €138,494 (+42.0%), from €330,107 to €468,601
- Staff costs +€131,296
up €131,296 (+42.2%), from €311,011 to €442,307
- Taxes +€4,877
up €4,877 (+102%), from €4,793 to €9,669
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 | €265,336 | €385,477 | +€120,140 | +45.3% |
| Current assets | 29/58 | €265,336 | €385,477 | +€120,140 | +45.3% |
| Amounts receivable within one year | 40/41 | €140,205 | €195,227 | +€55,021 | +39.2% |
| Trade receivables | 40 | €126,571 | €185,423 | +€58,852 | +46.5% |
| Other amounts receivable | 41 | €13,634 | €9,804 | -€3,830 | -28.1% |
| Cash at bank and in hand | 54/58 | €83,106 | €162,357 | +€79,251 | +95.4% |
| Deferred charges and accrued income | 490/1 | €42,025 | €27,893 | -€14,132 | -33.6% |
| Total equity and liabilities | 10/49 | €265,336 | €385,477 | +€120,140 | +45.3% |
| Equity | 10/15 | €157,828 | €173,176 | +€15,348 | +9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,368 | €152,716 | +€15,348 | +11.2% |
| Amounts payable | 17/49 | €107,508 | €212,300 | +€104,793 | +97.5% |
| Amounts payable within one year | 42/48 | €107,508 | €212,300 | +€104,793 | +97.5% |
| Trade debts | 44 | €20,682 | €106,350 | +€85,668 | +414% |
| Suppliers | 440/4 | €20,682 | €106,350 | +€85,668 | +414% |
| Taxes, remuneration and social security | 45 | €86,826 | €105,950 | +€19,124 | +22.0% |
| Taxes | 450/3 | €15,747 | €37,767 | +€22,020 | +140% |
| Remuneration and social security | 454/9 | €71,079 | €68,183 | -€2,896 | -4.1% |
| Remuneration, social security and pensions | 62 | €311,011 | €442,307 | +€131,296 | +42.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €330,107 | €468,601 | +€138,494 | +42.0% |
| Operating profit (loss) | 9901 | €18,709 | €25,894 | +€7,185 | +38.4% |
| Financial income | 75/76B | €5,355 | €2,143 | -€3,212 | -60.0% |
| Recurring financial income | 75 | €5,355 | €2,143 | -€3,212 | -60.0% |
| Financial charges | 65/66B | €4,587 | €3,020 | -€1,567 | -34.2% |
| Recurring financial charges | 65 | €4,587 | €3,020 | -€1,567 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €19,477 | €25,017 | +€5,540 | +28.4% |
| Income taxes | 67/77 | €4,793 | €9,669 | +€4,877 | +102% |
| Profit (loss) for the period | 9904 | €14,684 | €15,348 | +€664 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,684 | €15,348 | +€664 | +4.5% |
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 24 October 2026 via checked.be.