AQRI: 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.
AQRI
Largest movements
- Tangible fixed assets +€44,552
up €44,552 (+724%), from €6,155 to €50,707
- Cash +€9,560
up €9,560 (+534%), from €1,791 to €11,351
mainly Debts after one year (+€57,608) and Tax, wage and social debts (+€4,974)
- Receivables within one year +€6,833
up €6,833 (+36.0%), from €18,997 to €25,831
of which Other amounts receivable: +€7,945
- Debts after one year +€57,608
up €57,608 (+1,087%), from €5,300 to €62,908
- Tax, wage and social debts +€4,974
up €4,974 (+97.7%), from €5,093 to €10,066
- Profit (loss) carried forward -€3,594
down €3,594 (-26.8%), from €13,416 to €9,822
- Current portion of long-term debt +€2,092
new in 2025: €2,092
- Gross operating margin -€14,561
down €14,561 (-77.6%), from €18,773 to €4,212
- Financial charges +€1,641
up €1,641 (+510%), from €322 to €1,962
- Depreciation +€1,443
up €1,443 (+1,250%), from €115 to €1,558
- Other operating charges -€602
down €602 (-41.7%), from €1,444 to €842
- Financial income +€573
up €573 (+119%), from €480 to €1,053
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 | €26,943 | €87,889 | +€60,945 | +226% |
| Fixed assets | 21/28 | €6,155 | €50,707 | +€44,552 | +724% |
| Tangible fixed assets | 22/27 | €6,155 | €50,707 | +€44,552 | +724% |
| Land and buildings | 22 | €6,155 | €50,707 | +€44,552 | +724% |
| Current assets | 29/58 | €20,789 | €37,182 | +€16,393 | +78.9% |
| Amounts receivable within one year | 40/41 | €18,997 | €25,831 | +€6,833 | +36.0% |
| Trade receivables | 40 | €3,630 | €2,518 | -€1,112 | -30.6% |
| Other amounts receivable | 41 | €15,367 | €23,312 | +€7,945 | +51.7% |
| Cash at bank and in hand | 54/58 | €1,791 | €11,351 | +€9,560 | +534% |
| Total equity and liabilities | 10/49 | €26,943 | €87,889 | +€60,945 | +226% |
| Equity | 10/15 | €16,416 | €12,822 | -€3,594 | -21.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,416 | €9,822 | -€3,594 | -26.8% |
| Amounts payable | 17/49 | €10,527 | €75,066 | +€64,539 | +613% |
| Amounts payable after more than one year | 17 | €5,300 | €62,908 | +€57,608 | +1,087% |
| Financial debts | 170/4 | €5,300 | €62,908 | +€57,608 | +1,087% |
| Amounts payable within one year | 42/48 | €5,227 | €12,159 | +€6,932 | +133% |
| Current portion of amounts payable after more than one year | 42 | - | €2,092 | +€2,092 | |
| Trade debts | 44 | €134 | - | -€134 | |
| Suppliers | 440/4 | €134 | - | -€134 | |
| Taxes, remuneration and social security | 45 | €5,093 | €10,066 | +€4,974 | +97.7% |
| Taxes | 450/3 | €5,093 | €10,066 | +€4,974 | +97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115 | €1,558 | +€1,443 | +1,250% |
| Other operating charges | 640/8 | €1,444 | €842 | -€602 | -41.7% |
| Gross operating margin | 9900 | €18,773 | €4,212 | -€14,561 | -77.6% |
| Operating profit (loss) | 9901 | €17,214 | €1,813 | -€15,401 | -89.5% |
| Financial income | 75/76B | €480 | €1,053 | +€573 | +119% |
| Recurring financial income | 75 | €480 | €1,053 | +€573 | +119% |
| Financial charges | 65/66B | €322 | €1,962 | +€1,641 | +510% |
| Recurring financial charges | 65 | €322 | €1,962 | +€1,641 | +510% |
| Profit (loss) for the period before taxes | 9903 | €17,372 | €903 | -€16,469 | -94.8% |
| Income taxes | 67/77 | €3,955 | €4,497 | +€542 | +13.7% |
| Profit (loss) for the period | 9904 | €13,416 | -€3,594 | -€17,011 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,416 | -€3,594 | -€17,011 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.