Aqua-Fer: 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-Fer
Largest movements
- Tangible fixed assets +€688
new in 2025: €688
- Cash +€542
up €542 (+7.3%), from €7,452 to €7,994
mainly Net result for the year (+€1,959) and Trade debts (+€1,530)
- Receivables within one year +€463
up €463 (+5.0%), from €9,267 to €9,730
of which Other amounts receivable: +€463
- Profit (loss) carried forward +€1,959
up €1,959 (+25.1%), from €7,796 to €9,754
- Tax, wage and social debts -€1,769
down €1,769 (-35.7%), from €4,950 to €3,181
- Trade debts +€1,530
up €1,530 (+8,084%), from €19 to €1,548
- Gross operating margin +€1,603
up €1,603 (+44.6%), from €3,596 to €5,199
- Financial charges -€438
down €438 (-25.8%), from €1,698 to €1,260
- Taxes +€311
up €311 (+30.1%), from €1,035 to €1,346
- Depreciation +€303
new in 2025: €303
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 | €17,265 | €18,984 | +€1,719 | +10.0% |
| Fixed assets | 21/28 | - | €688 | +€688 | |
| Tangible fixed assets | 22/27 | - | €688 | +€688 | |
| Plant, machinery and equipment | 23 | - | €688 | +€688 | |
| Current assets | 29/58 | €17,265 | €18,296 | +€1,031 | +6.0% |
| Amounts receivable within one year | 40/41 | €9,267 | €9,730 | +€463 | +5.0% |
| Trade receivables | 40 | €50 | €50 | = | 0.0% |
| Other amounts receivable | 41 | €9,217 | €9,680 | +€463 | +5.0% |
| Cash at bank and in hand | 54/58 | €7,452 | €7,994 | +€542 | +7.3% |
| Deferred charges and accrued income | 490/1 | €545 | €572 | +€27 | +4.9% |
| Total equity and liabilities | 10/49 | €17,265 | €18,984 | +€1,719 | +10.0% |
| Equity | 10/15 | €12,296 | €14,254 | +€1,959 | +15.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,796 | €9,754 | +€1,959 | +25.1% |
| Amounts payable | 17/49 | €4,969 | €4,730 | -€239 | -4.8% |
| Amounts payable within one year | 42/48 | €4,969 | €4,730 | -€239 | -4.8% |
| Trade debts | 44 | €19 | €1,548 | +€1,530 | +8,084% |
| Suppliers | 440/4 | €19 | €1,548 | +€1,530 | +8,084% |
| Taxes, remuneration and social security | 45 | €4,950 | €3,181 | -€1,769 | -35.7% |
| Taxes | 450/3 | €4,950 | €3,181 | -€1,769 | -35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €303 | +€303 | |
| Other operating charges | 640/8 | €846 | €812 | -€33 | -3.9% |
| Gross operating margin | 9900 | €3,596 | €5,199 | +€1,603 | +44.6% |
| Operating profit (loss) | 9901 | €2,751 | €4,084 | +€1,333 | +48.5% |
| Financial income | 75/76B | €499 | €481 | -€17 | -3.5% |
| Recurring financial income | 75 | €499 | €481 | -€17 | -3.5% |
| Financial charges | 65/66B | €1,698 | €1,260 | -€438 | -25.8% |
| Recurring financial charges | 65 | €1,698 | €1,260 | -€438 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €1,552 | €3,305 | +€1,753 | +113% |
| Income taxes | 67/77 | €1,035 | €1,346 | +€311 | +30.1% |
| Profit (loss) for the period | 9904 | €517 | €1,959 | +€1,442 | +279% |
| Profit (loss) for the period to be appropriated | 9905 | €517 | €1,959 | +€1,442 | +279% |
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 22 October 2026 via checked.be.