Consolidated balance sheet as at 31 December

x € 1.000

Note

2025

2024

ASSETS

Intangible fixed assets

1.29

24,011

24,854

Tangible fixed assets

1.30

62,522

67,117

Lease assets

1.31

5,852

6,466

Deferred tax assets

1.32.1

4,984

5,269

Participating interests

1.32.2

15,118

13,307

Financial fixed assets

253

591

Total fixed assets

112,739

117,604

Contract assets

1.23.6

6,692

11,396

Inventories

1.33

23,399

25,640

Trade receivables

1.34

40,820

38,934

Corporate tax

2,098

1,298

Other taxes and social security contributions

1.35

2,964

1,694

Other receivables

2,159

3,866

Accrued assets

6,423

6,839

Cash and equivalents

1.36

24,869

9,147

Total current assets

109,424

98,814

Total assets

222,163

216,418

x € 1.000

Note

2025

2024

LIABILITIES

Shareholders’ equity attributable to Hydratec shareholders

1.38

117,255

104,579

Minority share

-

206

Total equity

1.38

117,255

104,785

Personnel-related provisions

1.40

1,777

2,178

Other provisions

1.40

5,488

3,024

Deferred tax liabilities

1.40.5

1,047

1,538

Borrowings and lease obligations

1.41.1

9,797

11,511

Other financial instruments

1.41.2

508

593

Total provisions and non-current liabilities

18,617

18,844

Contract liabilities

1.23.6

27,017

30,916

Trade payables

17,878

18,156

Corporate tax

-

192

Other taxes and social security contributions

1.42

3,797

3,394

Borrowings and lease obligations

1.41.1

2,594

3,268

Bank current account

1.43

-

-

Provisions

1.40

1,506

3,532

Other liabilities, accruals and deferred income

1.44

33,500

33,331

Total current liabilities

86,291

92,789

Total liabilities

222,163

216,418