AKVALITO: 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.
AKVALITO
Largest movements
- Receivables after one year -€69,000
no longer reported in 2025 (was €69,000)
- Receivables within one year +€19,018
up €19,018 (+94.4%), from €20,141 to €39,159
of which Other amounts receivable: +€32,195
- Stocks and contracts -€6,623
down €6,623 (-74.6%), from €8,879 to €2,256
- Cash -€6,414
down €6,414 (-97.2%), from €6,599 to €185
mainly Net result for the year (-€47,641) and Receivables within one year (-€19,018)
- Profit (loss) carried forward -€47,641
down €47,641 (-77.4%), from €61,551 to €13,910
- Trade debts -€14,202
down €14,202 (-87.1%), from €16,315 to €2,112
- Advances received -€3,432
down €3,432 (-98.5%), from €3,486 to €54
- Tax, wage and social debts +€2,585
up €2,585 (+90.5%), from €2,857 to €5,441
of which Remuneration and social security: +€1,950
- Gross operating margin -€27,648
down €27,648 (-157.9%), from -€17,507 to -€45,154
- Financial charges +€2,292
up €2,292 (+595.2%), from €385 to €2,677
- Financial income -€1,576
down €1,576 (-58.1%), from €2,713 to €1,138
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 | €104,660 | €41,969 | -€62,691 | -59.9% |
| Current assets | 29/58 | €104,660 | €41,969 | -€62,691 | -59.9% |
| Amounts receivable after more than one year | 29 | €69,000 | - | -€69,000 | |
| Other amounts receivable | 291 | €69,000 | - | -€69,000 | |
| Stocks and contracts in progress | 3 | €8,879 | €2,256 | -€6,623 | -74.6% |
| Stocks | 30/36 | €8,879 | €2,256 | -€6,623 | -74.6% |
| Amounts receivable within one year | 40/41 | €20,141 | €39,159 | +€19,018 | +94.4% |
| Trade receivables | 40 | €13,375 | €198 | -€13,177 | -98.5% |
| Other amounts receivable | 41 | €6,766 | €38,961 | +€32,195 | +475.9% |
| Cash at bank and in hand | 54/58 | €6,599 | €185 | -€6,414 | -97.2% |
| Deferred charges and accrued income | 490/1 | €41 | €369 | +€328 | +803.9% |
| Total equity and liabilities | 10/49 | €104,660 | €41,969 | -€62,691 | -59.9% |
| Equity | 10/15 | €82,002 | €34,362 | -€47,641 | -58.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,551 | €13,910 | -€47,641 | -77.4% |
| Amounts payable | 17/49 | €22,657 | €7,608 | -€15,050 | -66.4% |
| Amounts payable within one year | 42/48 | €22,657 | €7,608 | -€15,050 | -66.4% |
| Trade debts | 44 | €16,315 | €2,112 | -€14,202 | -87.1% |
| Suppliers | 440/4 | €16,315 | €2,112 | -€14,202 | -87.1% |
| Advances received on contracts in progress | 46 | €3,486 | €54 | -€3,432 | -98.5% |
| Taxes, remuneration and social security | 45 | €2,857 | €5,441 | +€2,585 | +90.5% |
| Taxes | 450/3 | €2,857 | €3,491 | +€635 | +22.2% |
| Remuneration and social security | 454/9 | - | €1,950 | +€1,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €231 | - | -€231 | |
| Other operating charges | 640/8 | €847 | €947 | +€100 | +11.8% |
| Gross operating margin | 9900 | -€17,507 | -€45,154 | -€27,648 | -157.9% |
| Operating profit (loss) | 9901 | -€18,585 | -€46,101 | -€27,516 | -148.1% |
| Financial income | 75/76B | €2,713 | €1,138 | -€1,576 | -58.1% |
| Recurring financial income | 75 | €2,713 | €1,138 | -€1,576 | -58.1% |
| Financial charges | 65/66B | €385 | €2,677 | +€2,292 | +595.2% |
| Recurring financial charges | 65 | €385 | €2,677 | +€2,292 | +595.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,257 | -€47,641 | -€31,384 | -193.1% |
| Income taxes | 67/77 | €5 | - | -€5 | |
| Profit (loss) for the period | 9904 | -€16,262 | -€47,641 | -€31,379 | -193.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,262 | -€47,641 | -€31,379 | -193.0% |
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 5 October 2026 via checked.be.