AQUA ENGINEERING: what changed
Two fiscal 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 ENGINEERING
Largest movements
- Receivables within one year -€92,570
down €92,570 (-38.6%), from €239,795 to €147,225
of which Trade receivables: -€106,472
- Stocks and contracts +€78,651
up €78,651 (+116.5%), from €67,522 to €146,173
of which Stocks: +€64,639
- Cash +€59,979
up €59,979 (+877.4%), from €6,836 to €66,815
mainly Receivables within one year (+€92,570) and Trade debts (+€79,911)
- Deferred charges and accrued income +€9,422
up €9,422 (+305.9%), from €3,080 to €12,501
- Tangible fixed assets -€6,935
down €6,935 (-5.6%), from €123,389 to €116,454
of which Furniture and vehicles: -€39,626
- Trade debts +€79,911
up €79,911 (+82.1%), from €97,389 to €177,300
- Short-term financial debts -€26,013
down €26,013 (-81.5%), from €31,932 to €5,919
- Debts after one year -€20,636
down €20,636 (-28.4%), from €72,638 to €52,002
- Reserves +€17,889
up €17,889 (+9.4%), from €190,749 to €208,638
of which Distributable reserves: +€17,889
- Current portion of long-term debt -€12,366
down €12,366 (-35.8%), from €34,508 to €22,142
- Depreciation +€7,099
up €7,099 (+19.8%), from €35,786 to €42,885
- Taxes -€2,180
down €2,180 (-8.6%), from €25,308 to €23,129
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 | €447,722 | €492,958 | +€45,236 | +10.1% |
| Fixed assets | 21/28 | €130,490 | €120,245 | -€10,245 | -7.9% |
| Tangible fixed assets | 22/27 | €123,389 | €116,454 | -€6,935 | -5.6% |
| Plant, machinery and equipment | 23 | €4,660 | €37,351 | +€32,691 | +701.6% |
| Furniture and vehicles | 24 | €118,729 | €79,103 | -€39,626 | -33.4% |
| Financial fixed assets | 28 | €7,101 | €3,791 | -€3,310 | -46.6% |
| Current assets | 29/58 | €317,232 | €372,713 | +€55,481 | +17.5% |
| Stocks and contracts in progress | 3 | €67,522 | €146,173 | +€78,651 | +116.5% |
| Stocks | 30/36 | €67,522 | €132,161 | +€64,639 | +95.7% |
| Contracts in progress | 37 | - | €14,012 | +€14,012 | |
| Amounts receivable within one year | 40/41 | €239,795 | €147,225 | -€92,570 | -38.6% |
| Trade receivables | 40 | €239,475 | €133,003 | -€106,472 | -44.5% |
| Other amounts receivable | 41 | €319 | €14,222 | +€13,902 | +4352.3% |
| Cash at bank and in hand | 54/58 | €6,836 | €66,815 | +€59,979 | +877.4% |
| Deferred charges and accrued income | 490/1 | €3,080 | €12,501 | +€9,422 | +305.9% |
| Total equity and liabilities | 10/49 | €447,722 | €492,958 | +€45,236 | +10.1% |
| Equity | 10/15 | €196,946 | €214,835 | +€17,889 | +9.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €190,749 | €208,638 | +€17,889 | +9.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €190,749 | €208,638 | +€17,889 | +9.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €250,776 | €278,123 | +€27,347 | +10.9% |
| Amounts payable after more than one year | 17 | €72,638 | €52,002 | -€20,636 | -28.4% |
| Financial debts | 170/4 | €72,638 | €52,002 | -€20,636 | -28.4% |
| Amounts payable within one year | 42/48 | €178,137 | €226,121 | +€47,984 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €34,508 | €22,142 | -€12,366 | -35.8% |
| Financial debts | 43 | €31,932 | €5,919 | -€26,013 | -81.5% |
| Credit institutions | 430/8 | €31,932 | €5,919 | -€26,013 | -81.5% |
| Trade debts | 44 | €97,389 | €177,300 | +€79,911 | +82.1% |
| Suppliers | 440/4 | €97,389 | €177,300 | +€79,911 | +82.1% |
| Taxes, remuneration and social security | 45 | €11,868 | €19,536 | +€7,667 | +64.6% |
| Taxes | 450/3 | €11,868 | €18,936 | +€7,067 | +59.5% |
| Remuneration and social security | 454/9 | - | €600 | +€600 | |
| Other amounts payable | 47/48 | €2,441 | €1,225 | -€1,216 | -49.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,786 | €42,885 | +€7,099 | +19.8% |
| Other operating charges | 640/8 | €3,613 | €3,156 | -€457 | -12.6% |
| Gross operating margin | 9900 | €135,794 | €136,544 | +€750 | +0.6% |
| Operating profit (loss) | 9901 | €96,395 | €90,502 | -€5,893 | -6.1% |
| Financial income | 75/76B | €29 | €155 | +€126 | +439.2% |
| Recurring financial income | 75 | €29 | €155 | +€126 | +439.2% |
| Financial charges | 65/66B | €5,119 | €5,354 | +€235 | +4.6% |
| Recurring financial charges | 65 | €5,119 | €5,354 | +€235 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €91,305 | €85,303 | -€6,002 | -6.6% |
| Income taxes | 67/77 | €25,308 | €23,129 | -€2,180 | -8.6% |
| Profit (loss) for the period | 9904 | €65,997 | €62,175 | -€3,822 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,997 | €62,175 | -€3,822 | -5.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.