Aqua Calor Construct: 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 Calor Construct
Largest movements
- Receivables within one year +€110,581
up €110,581 (+504.6%), from €21,915 to €132,496
of which Trade receivables: +€107,119
- Tangible fixed assets +€30,275
up €30,275 (+816.9%), from €3,706 to €33,982
of which Furniture and vehicles: +€28,908
- Cash +€7,517
up €7,517 (+3625.2%), from €207 to €7,724
mainly Other debts (+€109,725) and Net result for the year (+€21,131)
- Other debts +€109,725
up €109,725 (+368.2%), from €29,800 to €139,525
- Profit (loss) carried forward +€21,131
up €21,131, from -€20,281 to €850
- Tax, wage and social debts +€8,451
up €8,451 (+1627.6%), from €519 to €8,970
- Trade debts +€8,201
up €8,201 (+70.9%), from €11,569 to €19,770
- Gross operating margin +€38,751
up €38,751 (+16729.1%), from €232 to €38,983
- Taxes +€8,362
up €8,362 (+1610.4%), from €519 to €8,881
- Write-downs +€6,281
no longer reported in 2025 (was -€6,281)
- Depreciation +€5,260
up €5,260 (+284.9%), from €1,846 to €7,107
- Other operating charges +€703
up €703 (+68.2%), from €1,031 to €1,734
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 | €42,409 | €190,807 | +€148,398 | +349.9% |
| Fixed assets | 21/28 | €3,706 | €33,982 | +€30,275 | +816.9% |
| Tangible fixed assets | 22/27 | €3,706 | €33,982 | +€30,275 | +816.9% |
| Plant, machinery and equipment | 23 | €1,806 | €3,173 | +€1,367 | +75.7% |
| Furniture and vehicles | 24 | €1,900 | €30,808 | +€28,908 | +1521.5% |
| Current assets | 29/58 | €38,703 | €156,825 | +€118,122 | +305.2% |
| Stocks and contracts in progress | 3 | €16,581 | €16,606 | +€25 | +0.2% |
| Stocks | 30/36 | €16,581 | €16,606 | +€25 | +0.2% |
| Amounts receivable within one year | 40/41 | €21,915 | €132,496 | +€110,581 | +504.6% |
| Trade receivables | 40 | €18,494 | €125,612 | +€107,119 | +579.2% |
| Other amounts receivable | 41 | €3,421 | €6,883 | +€3,462 | +101.2% |
| Cash at bank and in hand | 54/58 | €207 | €7,724 | +€7,517 | +3625.2% |
| Total equity and liabilities | 10/49 | €42,409 | €190,807 | +€148,398 | +349.9% |
| Equity | 10/15 | -€1,681 | €19,450 | +€21,131 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,281 | €850 | +€21,131 | |
| Amounts payable | 17/49 | €44,091 | €171,357 | +€127,266 | +288.6% |
| Amounts payable within one year | 42/48 | €44,091 | €171,357 | +€127,266 | +288.6% |
| Trade debts | 44 | €11,569 | €19,770 | +€8,201 | +70.9% |
| Suppliers | 440/4 | €11,569 | €19,770 | +€8,201 | +70.9% |
| Advances received on contracts in progress | 46 | €2,203 | €3,092 | +€889 | +40.4% |
| Taxes, remuneration and social security | 45 | €519 | €8,970 | +€8,451 | +1627.6% |
| Taxes | 450/3 | €519 | €8,970 | +€8,451 | +1627.6% |
| Other amounts payable | 47/48 | €29,800 | €139,525 | +€109,725 | +368.2% |
| Non-recurring operating income | 76A | - | €1,457 | +€1,457 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,846 | €7,107 | +€5,260 | +284.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,281 | - | +€6,281 | |
| Other operating charges | 640/8 | €1,031 | €1,734 | +€703 | +68.2% |
| Gross operating margin | 9900 | €232 | €38,983 | +€38,751 | +16729.1% |
| Operating profit (loss) | 9901 | €3,636 | €30,143 | +€26,507 | +729.0% |
| Financial income | 75/76B | €0 | €305 | +€305 | +1015466.7% |
| Recurring financial income | 75 | €0 | €305 | +€305 | +1015466.7% |
| Financial charges | 65/66B | €1,099 | €435 | -€664 | -60.4% |
| Recurring financial charges | 65 | €1,099 | €435 | -€664 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €2,536 | €30,012 | +€27,476 | +1083.2% |
| Income taxes | 67/77 | €519 | €8,881 | +€8,362 | +1610.4% |
| Profit (loss) for the period | 9904 | €2,017 | €21,131 | +€19,114 | +947.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,017 | €21,131 | +€19,114 | +947.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.