AQUA-BLOCK: 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-BLOCK
Largest movements
- Cash -€19,727
down €19,727 (-20.2%), from €97,853 to €78,126
mainly Tax, wage and social debts (-€20,259) and Receivables within one year (-€13,142)
- Receivables within one year +€13,142
up €13,142 (+9.9%), from €132,809 to €145,951
of which Other amounts receivable: +€9,550
- Deferred charges and accrued income +€7,657
up €7,657 (+27.8%), from €27,510 to €35,167
- Tax, wage and social debts -€20,259
down €20,259 (-61.1%), from €33,143 to €12,883
of which Taxes: -€22,559
- Trade debts +€12,520
up €12,520 (+60.2%), from €20,801 to €33,320
- Reserves +€8,817
up €8,817 (+6.5%), from €135,636 to €144,453
of which Distributable reserves: +€8,817
- Gross operating margin -€70,829
down €70,829 (-77.0%), from €91,975 to €21,146
- Taxes -€20,348
down €20,348 (-70.6%), from €28,831 to €8,483
- Other operating charges +€3,529
up €3,529 (+144%), from €2,457 to €5,987
- Financial income -€3,205
down €3,205 (-38.4%), from €8,342 to €5,137
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 | €264,093 | €263,628 | -€465 | -0.2% |
| Fixed assets | 21/28 | €3,271 | €1,733 | -€1,538 | -47.0% |
| Tangible fixed assets | 22/27 | €3,271 | €1,733 | -€1,538 | -47.0% |
| Plant, machinery and equipment | 23 | €2,481 | €1,134 | -€1,348 | -54.3% |
| Furniture and vehicles | 24 | €790 | €600 | -€190 | -24.1% |
| Current assets | 29/58 | €260,822 | €261,895 | +€1,072 | +0.4% |
| Stocks and contracts in progress | 3 | €2,650 | €2,650 | = | 0.0% |
| Stocks | 30/36 | €2,650 | €2,650 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €132,809 | €145,951 | +€13,142 | +9.9% |
| Trade receivables | 40 | €41,337 | €44,929 | +€3,591 | +8.7% |
| Other amounts receivable | 41 | €91,472 | €101,022 | +€9,550 | +10.4% |
| Cash at bank and in hand | 54/58 | €97,853 | €78,126 | -€19,727 | -20.2% |
| Deferred charges and accrued income | 490/1 | €27,510 | €35,167 | +€7,657 | +27.8% |
| Total equity and liabilities | 10/49 | €264,093 | €263,628 | -€465 | -0.2% |
| Equity | 10/15 | €204,208 | €213,025 | +€8,817 | +4.3% |
| Contributions | 10/11 | €68,572 | €68,572 | = | 0.0% |
| Reserves | 13 | €135,636 | €144,453 | +€8,817 | +6.5% |
| Non-distributable reserves | 130/1 | €6,857 | €6,857 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,857 | €6,857 | = | 0.0% |
| Distributable reserves | 133 | €128,779 | €137,596 | +€8,817 | +6.8% |
| Amounts payable | 17/49 | €59,885 | €50,603 | -€9,282 | -15.5% |
| Amounts payable after more than one year | 17 | €4,399 | €2,770 | -€1,629 | -37.0% |
| Financial debts | 170/4 | €4,399 | €2,770 | -€1,629 | -37.0% |
| Amounts payable within one year | 42/48 | €55,486 | €47,833 | -€7,653 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €1,543 | €1,629 | +€87 | +5.6% |
| Trade debts | 44 | €20,801 | €33,320 | +€12,520 | +60.2% |
| Suppliers | 440/4 | €20,801 | €33,320 | +€12,520 | +60.2% |
| Taxes, remuneration and social security | 45 | €33,143 | €12,883 | -€20,259 | -61.1% |
| Taxes | 450/3 | €29,543 | €6,983 | -€22,559 | -76.4% |
| Remuneration and social security | 454/9 | €3,600 | €5,900 | +€2,300 | +63.9% |
| Non-recurring operating income | 76A | €4,750 | €12,337 | +€7,586 | +160% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,508 | €1,538 | +€30 | +2.0% |
| Other operating charges | 640/8 | €2,457 | €5,987 | +€3,529 | +144% |
| Non-recurring operating charges | 66A | €1,850 | - | -€1,850 | |
| Gross operating margin | 9900 | €91,975 | €21,146 | -€70,829 | -77.0% |
| Operating profit (loss) | 9901 | €86,160 | €13,622 | -€72,538 | -84.2% |
| Financial income | 75/76B | €8,342 | €5,137 | -€3,205 | -38.4% |
| Recurring financial income | 75 | €8,342 | €5,137 | -€3,205 | -38.4% |
| Financial charges | 65/66B | €912 | €1,459 | +€547 | +60.0% |
| Recurring financial charges | 65 | €912 | €1,459 | +€547 | +60.0% |
| Profit (loss) for the period before taxes | 9903 | €93,590 | €17,300 | -€76,289 | -81.5% |
| Income taxes | 67/77 | €28,831 | €8,483 | -€20,348 | -70.6% |
| Profit (loss) for the period | 9904 | €64,758 | €8,817 | -€55,941 | -86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,758 | €8,817 | -€55,941 | -86.4% |
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 15 October 2026 via checked.be.