Disclosures in relation to specific circumstances
Time horizons
The short-term horizon covers the period up to 1 year from the current financial year; the medium-term horizon covers between 1 and 5 years from the current financial year; and the long-term horizon covers more than 5 years from the current financial year.
Value chain estimates
In calculating our upstream Scope 3 emissions, we have followed the spend-based method in combination with a method based on the sector average emissions for operational data. In calculating our downstream Scope 3 emissions, we have used a method based on the sector average emissions for operational data. The use of a spend-based method may lead to less accurate results than a method based on actual emissions. The combination of both methods allows us to estimate the full Scope 3 emissions, while the use of sector average emissions provides a certain degree of accuracy.
Sources of uncertain estimates and results
In drafting the sustainability statement, we had to rely on estimates and assumptions. These are based on experience and various other factors which are considered fair under the circumstances. Assumptions have been required to determine the spend-based analysis of upstream Scope 3 emissions, which leads to a certain degree of measurement uncertainty. The assumptions relate to the conversion of spend and material flows into CO2. We have assumed that the euro spend on materials can be a substitute for volume and serve as an accurate basis to calculate the CO2 emitted. Comparing sustainability information between companies and over time is difficult, as historical data that conforms to the ESRS is often unavailable and companies use diverging measurement methods.
Changes in the preparation or presentation of sustainability information
For the 2025 financial year, Hydratec’s reporting has been compiled in the spirit of the European Sustainability Reporting Standards (ESRS), in accordance with the EU Corporate Sustainability Reporting Directive (CSRD). The content and structure of the 2025 annual report has been revised to improve the readability of the sustainability statement.
Events after the end of the reporting period
No information has come to light after the reporting date that has a material impact on sustainability reporting and has not been included in this report.
Reporting errors in previous periods
No errors were identified in the 2024 report. If any unforeseen errors do arise, they will be adjusted where necessary and carefully processed.
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.