AQUA ALTA: 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.
AQUA ALTA
Largest movements
- Cash -€595
down €595 (-72.0%), from €826 to €232
mainly Net result for the year (-€590) and Receivables within one year (-€5)
- Profit (loss) carried forward -€590
down €590 (-0.5%), from -€121,131 to -€121,721
- Gross operating margin -€12
down €12 (-3.2%), from -€387 to -€400
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 | €850 | €260 | -€590 | -69.4% |
| Current assets | 29/58 | €850 | €260 | -€590 | -69.4% |
| Amounts receivable within one year | 40/41 | €24 | €29 | +€5 | +19.1% |
| Other amounts receivable | 41 | €24 | €29 | +€5 | +19.1% |
| Cash at bank and in hand | 54/58 | €826 | €232 | -€595 | -72.0% |
| Total equity and liabilities | 10/49 | €850 | €260 | -€590 | -69.4% |
| Equity | 10/15 | -€21,131 | -€21,721 | -€590 | -2.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€121,131 | -€121,721 | -€590 | -0.5% |
| Amounts payable | 17/49 | €21,982 | €21,982 | = | 0.0% |
| Amounts payable after more than one year | 17 | €21,982 | €21,982 | = | 0.0% |
| Financial debts | 170/4 | €21,982 | €21,982 | = | 0.0% |
| Other operating charges | 640/8 | €148 | €150 | +€2 | +1.4% |
| Gross operating margin | 9900 | -€387 | -€400 | -€12 | -3.2% |
| Operating profit (loss) | 9901 | -€535 | -€550 | -€14 | -2.7% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€574 | -€590 | -€16 | -2.7% |
| Profit (loss) for the period | 9904 | -€574 | -€590 | -€16 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€574 | -€590 | -€16 | -2.7% |
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 23 October 2026 via checked.be.