1.34 Accounts receivable
The accounts receivable position less the provision for expected credit losses can be analysed as follows:
|
x € 1.000 |
2025 |
% |
2024 |
% |
|
|
Days |
|||||
|
0-30 |
31,296 |
76.7 |
23,482 |
60.3 |
|
|
31-60 |
4,694 |
11.5 |
6,081 |
15.6 |
|
|
61-90 |
1,315 |
3.2 |
3,232 |
8.3 |
|
|
> 90 |
3,515 |
8.6 |
6,139 |
15.8 |
|
|
Total |
40,820 |
100.0 |
38,934 |
100.0 |
|
x €1,000 |
2025 |
2024 |
||
|
Gross accounts receivable |
41,560 |
39,705 |
||
|
Of which within due date |
30,284 |
26,361 |
||
|
Of which overdue |
11,276 |
13,344 |
||
|
Provision for expected credit loss |
-740 |
-771 |
||
|
Net accounts receivable |
40,820 |
38,934 |
Outstanding balances are analysed on a regular basis to determine the provision for expected credit losses. A credit provision is recognised based on an expected loss for the entire term of the receivable in question. The provision for expected credit losses refers to the total expected credit losses. A summary of changes in this provision is shown in the table below. Please refer to financial risk factors for more information about credit risk.
|
x €1,000 |
2025 |
2024 |
||
|
Opening balance sheet at 1 January |
771 |
803 |
||
|
Release/use |
-31 |
-32 |
||
|
Additions |
||||
|
Acquisitions |
||||
|
Deconsolidation |
||||
|
Closing balance sheet at 31 December |
740 |
771 |
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.