AQUA & DEB: 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 & DEB
Largest movements
- Receivables within one year +€39,120
up €39,120 (+80.3%), from €48,742 to €87,862
of which Trade receivables: +€24,068
- Cash +€7,456
up €7,456 (+21.0%), from €35,454 to €42,910
mainly Tax, wage and social debts (+€22,120) and Net result for the year (+€18,441)
- Tangible fixed assets -€5,379
down €5,379 (-29.1%), from €18,509 to €13,130
- Tax, wage and social debts +€22,120
up €22,120 (+926%), from €2,389 to €24,509
- Profit (loss) carried forward +€18,441
up €18,441 (+18.6%), from €99,316 to €117,757
- Gross operating margin -€39,405
down €39,405 (-58.0%), from €67,904 to €28,499
- Taxes -€8,555
down €8,555 (-64.7%), from €13,230 to €4,675
- Financial income +€3,053
up €3,053 (+33,922%), from €9 to €3,062
- Other operating charges -€820
down €820 (-31.0%), from €2,647 to €1,827
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,705 | €143,902 | +€41,197 | +40.1% |
| Fixed assets | 21/28 | €18,509 | €13,130 | -€5,379 | -29.1% |
| Tangible fixed assets | 22/27 | €18,509 | €13,130 | -€5,379 | -29.1% |
| Furniture and vehicles | 24 | €18,509 | €13,130 | -€5,379 | -29.1% |
| Current assets | 29/58 | €84,196 | €130,772 | +€46,576 | +55.3% |
| Amounts receivable within one year | 40/41 | €48,742 | €87,862 | +€39,120 | +80.3% |
| Trade receivables | 40 | €4,924 | €28,992 | +€24,068 | +489% |
| Other amounts receivable | 41 | €43,818 | €58,870 | +€15,052 | +34.4% |
| Cash at bank and in hand | 54/58 | €35,454 | €42,910 | +€7,456 | +21.0% |
| Total equity and liabilities | 10/49 | €102,705 | €143,902 | +€41,197 | +40.1% |
| Equity | 10/15 | €100,316 | €118,757 | +€18,441 | +18.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,316 | €117,757 | +€18,441 | +18.6% |
| Amounts payable | 17/49 | €2,389 | €25,145 | +€22,756 | +953% |
| Amounts payable within one year | 42/48 | €2,389 | €25,145 | +€22,756 | +953% |
| Trade debts | 44 | - | €636 | +€636 | |
| Suppliers | 440/4 | - | €636 | +€636 | |
| Taxes, remuneration and social security | 45 | €2,389 | €24,509 | +€22,120 | +926% |
| Taxes | 450/3 | €2,389 | €24,509 | +€22,120 | +926% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,328 | €5,615 | +€287 | +5.4% |
| Other operating charges | 640/8 | €2,647 | €1,827 | -€820 | -31.0% |
| Gross operating margin | 9900 | €67,904 | €28,499 | -€39,405 | -58.0% |
| Operating profit (loss) | 9901 | €59,929 | €21,057 | -€38,872 | -64.9% |
| Financial income | 75/76B | €9 | €3,062 | +€3,053 | +33,922% |
| Recurring financial income | 75 | €9 | €3,062 | +€3,053 | +33,922% |
| Financial charges | 65/66B | €617 | €1,003 | +€386 | +62.6% |
| Recurring financial charges | 65 | €617 | €1,003 | +€386 | +62.6% |
| Profit (loss) for the period before taxes | 9903 | €59,321 | €23,116 | -€36,205 | -61.0% |
| Income taxes | 67/77 | €13,230 | €4,675 | -€8,555 | -64.7% |
| Profit (loss) for the period | 9904 | €46,091 | €18,441 | -€27,650 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,091 | €18,441 | -€27,650 | -60.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.