ACQUA VERDE: 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.
ACQUA VERDE
Largest movements
- Receivables within one year +€20,383
up €20,383 (+12,610%), from €162 to €20,545
of which Trade receivables: +€20,267
- Cash -€958
down €958 (-66.8%), from €1,434 to €477
mainly Receivables within one year (-€20,383) and Net result for the year (-€9,383)
- Tangible fixed assets -€903
down €903 (-45.3%), from €1,994 to €1,091
- Formation expenses -€479
down €479 (-57.5%), from €834 to €354
- Other debts +€27,010
up €27,010 (+427%), from €6,326 to €33,335
- Profit (loss) carried forward -€9,383
down €9,383 (-186%), from -€5,040 to -€14,424
- Gross operating margin +€1,433
up €1,433 (+16.2%), from -€8,851 to -€7,418
- Depreciation -€89
down €89 (-6.1%), from €1,472 to €1,382
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 | €6,285 | €24,133 | +€17,848 | +284% |
| Formation expenses | 20 | €834 | €354 | -€479 | -57.5% |
| Fixed assets | 21/28 | €1,994 | €1,091 | -€903 | -45.3% |
| Tangible fixed assets | 22/27 | €1,994 | €1,091 | -€903 | -45.3% |
| Plant, machinery and equipment | 23 | €1,994 | €1,091 | -€903 | -45.3% |
| Current assets | 29/58 | €3,458 | €22,688 | +€19,230 | +556% |
| Stocks and contracts in progress | 3 | €1,862 | €1,666 | -€195 | -10.5% |
| Stocks | 30/36 | €1,862 | €1,666 | -€195 | -10.5% |
| Amounts receivable within one year | 40/41 | €162 | €20,545 | +€20,383 | +12,610% |
| Trade receivables | 40 | - | €20,267 | +€20,267 | |
| Other amounts receivable | 41 | €162 | €277 | +€116 | +71.6% |
| Cash at bank and in hand | 54/58 | €1,434 | €477 | -€958 | -66.8% |
| Total equity and liabilities | 10/49 | €6,285 | €24,133 | +€17,848 | +284% |
| Equity | 10/15 | -€40 | -€9,424 | -€9,383 | -23,174% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,040 | -€14,424 | -€9,383 | -186% |
| Amounts payable | 17/49 | €6,326 | €33,556 | +€27,231 | +430% |
| Amounts payable within one year | 42/48 | €6,326 | €33,556 | +€27,231 | +430% |
| Trade debts | 44 | - | €221 | +€221 | |
| Suppliers | 440/4 | - | €221 | +€221 | |
| Other amounts payable | 47/48 | €6,326 | €33,335 | +€27,010 | +427% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,472 | €1,382 | -€89 | -6.1% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Non-recurring operating charges | 66A | - | €27 | +€27 | |
| Gross operating margin | 9900 | -€8,851 | -€7,418 | +€1,433 | +16.2% |
| Operating profit (loss) | 9901 | -€10,707 | -€9,214 | +€1,493 | +13.9% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €138 | €169 | +€31 | +22.3% |
| Recurring financial charges | 65 | €138 | €169 | +€31 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,825 | -€9,383 | +€1,442 | +13.3% |
| Profit (loss) for the period | 9904 | -€10,825 | -€9,383 | +€1,442 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,825 | -€9,383 | +€1,442 | +13.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.