AGUA: what changed
Two fiscal 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.
AGUA
Largest movements
- Cash +€8,963
up €8,963 (+39.2%), from €22,876 to €31,839
mainly Net result for the year (+€9,819) and Trade debts (+€2,733)
- Tangible fixed assets +€3,455
up €3,455 (+96.0%), from €3,599 to €7,054
of which Plant, machinery and equipment: +€3,571
- Receivables within one year +€441
up €441 (+168.3%), from €262 to €703
of which Other amounts receivable: +€441
- Profit (loss) carried forward +€9,819
up €9,819 (+62.1%), from -€15,822 to -€6,002
- Trade debts +€2,733
up €2,733 (+1316.5%), from €208 to €2,941
- Tax, wage and social debts +€501
up €501 (+94.3%), from €532 to €1,033
- Gross operating margin +€4,595
up €4,595 (+68.3%), from €6,726 to €11,321
- Depreciation +€650
up €650 (+128.2%), from €507 to €1,157
- Financial charges -€210
down €210 (-66.3%), from €316 to €107
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.
Cash bridge derived
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 | €26,737 | €39,596 | +€12,859 | +48.1% |
| Fixed assets | 21/28 | €3,599 | €7,054 | +€3,455 | +96.0% |
| Tangible fixed assets | 22/27 | €3,599 | €7,054 | +€3,455 | +96.0% |
| Land and buildings | 22 | €231 | €116 | -€116 | -50.0% |
| Plant, machinery and equipment | 23 | €3,367 | €6,939 | +€3,571 | +106.1% |
| Current assets | 29/58 | €23,138 | €32,542 | +€9,404 | +40.6% |
| Amounts receivable within one year | 40/41 | €262 | €703 | +€441 | +168.3% |
| Trade receivables | 40 | €55 | €55 | = | 0.0% |
| Other amounts receivable | 41 | €207 | €648 | +€441 | +212.5% |
| Cash at bank and in hand | 54/58 | €22,876 | €31,839 | +€8,963 | +39.2% |
| Total equity and liabilities | 10/49 | €26,737 | €39,596 | +€12,859 | +48.1% |
| Equity | 10/15 | €4,685 | €14,505 | +€9,819 | +209.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,915 | €1,915 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €56 | €56 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,822 | -€6,002 | +€9,819 | +62.1% |
| Amounts payable | 17/49 | €22,051 | €25,091 | +€3,040 | +13.8% |
| Amounts payable after more than one year | 17 | €20,539 | €20,539 | = | 0.0% |
| Financial debts | 170/4 | €20,539 | €20,539 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,512 | €4,552 | +€3,040 | +201.0% |
| Trade debts | 44 | €208 | €2,941 | +€2,733 | +1316.5% |
| Suppliers | 440/4 | €208 | €2,941 | +€2,733 | +1316.5% |
| Taxes, remuneration and social security | 45 | €532 | €1,033 | +€501 | +94.3% |
| Taxes | 450/3 | €532 | €1,033 | +€501 | +94.3% |
| Other amounts payable | 47/48 | €773 | €578 | -€195 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €507 | €1,157 | +€650 | +128.2% |
| Other operating charges | 640/8 | €244 | €247 | +€4 | +1.5% |
| Non-recurring operating charges | 66A | €799 | - | -€799 | |
| Gross operating margin | 9900 | €6,726 | €11,321 | +€4,595 | +68.3% |
| Operating profit (loss) | 9901 | €5,177 | €9,917 | +€4,740 | +91.6% |
| Financial income | 75/76B | €20 | €9 | -€11 | -55.5% |
| Recurring financial income | 75 | €20 | €9 | -€11 | -55.5% |
| Financial charges | 65/66B | €316 | €107 | -€210 | -66.3% |
| Recurring financial charges | 65 | €316 | €107 | -€210 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €4,881 | €9,819 | +€4,939 | +101.2% |
| Profit (loss) for the period | 9904 | €4,881 | €9,819 | +€4,939 | +101.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,881 | €9,819 | +€4,939 | +101.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.