AQUA et DUNA: 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 et DUNA
Largest movements
- Receivables after one year -€718,356
no longer reported in 2025 (was €718,356)
- Cash +€11,034
up €11,034 (+10,700%), from €103 to €11,137
mainly Receivables after one year (+€718,356) and Smaller working-capital items (+€2)
- Debts after one year -€705,000
no longer reported in 2025 (was €705,000)
- Gross operating margin -€156
down €156 (-7.8%), from -€1,995 to -€2,151
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 | €719,325 | €11,805 | -€707,520 | -98.4% |
| Fixed assets | 21/28 | €668 | €668 | = | 0.0% |
| Financial fixed assets | 28 | €668 | €668 | = | 0.0% |
| Current assets | 29/58 | €718,657 | €11,137 | -€707,520 | -98.5% |
| Amounts receivable after more than one year | 29 | €718,356 | - | -€718,356 | |
| Other amounts receivable | 291 | €718,356 | - | -€718,356 | |
| Amounts receivable within one year | 40/41 | €197 | - | -€197 | |
| Trade receivables | 40 | €197 | - | -€197 | |
| Cash at bank and in hand | 54/58 | €103 | €11,137 | +€11,034 | +10,700% |
| Total equity and liabilities | 10/49 | €719,325 | €11,805 | -€707,520 | -98.4% |
| Equity | 10/15 | €14,002 | €11,677 | -€2,324 | -16.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,998 | -€18,323 | -€2,324 | -14.5% |
| Amounts payable | 17/49 | €705,323 | €128 | -€705,195 | -100.0% |
| Amounts payable after more than one year | 17 | €705,000 | - | -€705,000 | |
| Other amounts payable | 178/9 | €705,000 | - | -€705,000 | |
| Amounts payable within one year | 42/48 | €323 | €128 | -€195 | -60.4% |
| Trade debts | 44 | €323 | €128 | -€195 | -60.4% |
| Suppliers | 440/4 | €323 | €128 | -€195 | -60.4% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | -€1,995 | -€2,151 | -€156 | -7.8% |
| Operating profit (loss) | 9901 | -€2,121 | -€2,279 | -€158 | -7.5% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,164 | -€2,324 | -€160 | -7.4% |
| Profit (loss) for the period | 9904 | -€2,164 | -€2,324 | -€160 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,164 | -€2,324 | -€160 | -7.4% |
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 30 October 2026 via checked.be.