1.28 Taxation
|
x €1,000 |
Note |
2025 |
2024 |
||
|
Current taxation |
-7,564 |
-6,246 |
|||
|
Adjustment for previous years |
61 |
||||
|
Deferred taxation |
1.32 |
176 |
165 |
||
|
Total tax on result |
-7,388 |
-6,020 |
The tax expense in the statement of profit or loss relates to income tax calculated on the income for financial reporting purposes from subsidiaries with offices in the Netherlands as well as those with offices outside the Netherlands.
Calculation of tax liability
|
x € 1.000 |
2025 |
% |
2024 |
% |
|
|
Result before tax |
29,684 |
24,258 |
|||
|
Tax expense on the basis of nominal rate in the Netherlands |
-7,659 |
25.8 |
-6,259 |
25.8 |
|
|
Rebates |
54 |
-0.2 |
68 |
-0.3 |
|
|
Application of local nominal rates |
-26 |
0.1 |
-51 |
0.2 |
|
|
Non-measured deferred assets |
-55 |
0.2 |
-478 |
2.0 |
|
|
Benefit from innovation box |
0.0 |
710 |
-2.9 |
||
|
Tax and untaxed income |
-24 |
0.1 |
-48 |
0.2 |
|
|
Capitalisation or decapitalisation of deductible losses and valuation differences |
-298 |
1.0 |
0.0 |
||
|
Changes in local tax rates |
0.0 |
-23 |
0.1 |
||
|
Non-deductible expenses and prior-year adjustments |
0.0 |
61 |
-0.3 |
||
|
Correction for liquidation losses in previous years |
619 |
-2.1 |
0.0 |
||
|
Tax expense in line with statement of profit or loss |
-7,388 |
24.9 |
-6,020 |
24.8 |
The management report as referred to in Part 9 of Book 2 of the Dutch Civil Code monitors the elements from the foreword to the historical summary inclusive. This version of the annual financial reporting of Hydratec Industries N.V. for the financial year ending on 31 December 2025 is not presented in the ESEF format as specified in the regulatory technical standards for ESEF (Delegated Regulation (EU) 2019/815). The set of ESEF reports can be downloaded at the download page.