Aqua - Hobby: 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 - Hobby
Largest movements
- Stocks and contracts -€345,113
down €345,113 (-81.4%), from €423,924 to €78,811
- Cash +€296,226
up €296,226 (+562%), from €52,725 to €348,952
mainly Stocks and contracts (+€345,113) and Net result for the year (+€94,077)
- Receivables within one year +€19,437
up €19,437 (+699%), from €2,782 to €22,219
of which Other amounts receivable: +€21,729
- Tax, wage and social debts -€27,842
down €27,842 (-78.4%), from €35,492 to €7,650
of which Remuneration and social security: -€15,738
- Other debts +€25,298
up €25,298 (+12.4%), from €204,443 to €229,741
- Trade debts -€11,009
down €11,009 (-86.2%), from €12,775 to €1,767
- Current portion of long-term debt -€10,635
down €10,635 (-55.0%), from €19,333 to €8,698
- Debts after one year -€8,698
no longer reported in 2025 (was €8,698)
- Gross operating margin +€63,806
up €63,806 (+38.7%), from €164,672 to €228,478
- Staff costs -€38,407
down €38,407 (-33.2%), from €115,539 to €77,133
- Taxes +€26,054
up €26,054 (+440%), from €5,925 to €31,979
- Financial charges -€5,890
down €5,890 (-30.1%), from €19,595 to €13,705
- Financial income -€2,545
down €2,545 (-49.4%), from €5,154 to €2,609
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 | €595,517 | €562,632 | -€32,885 | -5.5% |
| Fixed assets | 21/28 | €116,086 | €112,649 | -€3,436 | -3.0% |
| Tangible fixed assets | 22/27 | €115,962 | €112,600 | -€3,362 | -2.9% |
| Land and buildings | 22 | €114,283 | €112,600 | -€1,683 | -1.5% |
| Plant, machinery and equipment | 23 | €1,679 | - | -€1,679 | |
| Financial fixed assets | 28 | €124 | €50 | -€74 | -60.0% |
| Current assets | 29/58 | €479,431 | €449,982 | -€29,449 | -6.1% |
| Stocks and contracts in progress | 3 | €423,924 | €78,811 | -€345,113 | -81.4% |
| Stocks | 30/36 | €423,924 | €78,811 | -€345,113 | -81.4% |
| Amounts receivable within one year | 40/41 | €2,782 | €22,219 | +€19,437 | +699% |
| Trade receivables | 40 | €2,759 | €466 | -€2,292 | -83.1% |
| Other amounts receivable | 41 | €23 | €21,753 | +€21,729 | +93,260% |
| Cash at bank and in hand | 54/58 | €52,725 | €348,952 | +€296,226 | +562% |
| Total equity and liabilities | 10/49 | €595,517 | €562,632 | -€32,885 | -5.5% |
| Equity | 10/15 | €314,776 | €314,776 | = | 0.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €64,776 | €64,776 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €39,776 | €39,776 | = | 0.0% |
| Amounts payable | 17/49 | €280,741 | €247,855 | -€32,885 | -11.7% |
| Amounts payable after more than one year | 17 | €8,698 | - | -€8,698 | |
| Financial debts | 170/4 | €8,698 | - | -€8,698 | |
| Amounts payable within one year | 42/48 | €272,043 | €247,855 | -€24,188 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €19,333 | €8,698 | -€10,635 | -55.0% |
| Trade debts | 44 | €12,775 | €1,767 | -€11,009 | -86.2% |
| Suppliers | 440/4 | €12,775 | €1,767 | -€11,009 | -86.2% |
| Taxes, remuneration and social security | 45 | €35,492 | €7,650 | -€27,842 | -78.4% |
| Taxes | 450/3 | €15,599 | €3,496 | -€12,104 | -77.6% |
| Remuneration and social security | 454/9 | €19,893 | €4,154 | -€15,738 | -79.1% |
| Other amounts payable | 47/48 | €204,443 | €229,741 | +€25,298 | +12.4% |
| Non-recurring operating income | 76A | - | €128,321 | +€128,321 | |
| Remuneration, social security and pensions | 62 | €115,539 | €77,133 | -€38,407 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,243 | €1,683 | -€1,560 | -48.1% |
| Other operating charges | 640/8 | €12,208 | €12,510 | +€302 | +2.5% |
| Gross operating margin | 9900 | €164,672 | €228,478 | +€63,806 | +38.7% |
| Operating profit (loss) | 9901 | €33,682 | €137,152 | +€103,470 | +307% |
| Financial income | 75/76B | €5,154 | €2,609 | -€2,545 | -49.4% |
| Recurring financial income | 75 | €5,154 | €2,609 | -€2,545 | -49.4% |
| Financial charges | 65/66B | €19,595 | €13,705 | -€5,890 | -30.1% |
| Recurring financial charges | 65 | €19,595 | €13,705 | -€5,890 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €19,241 | €126,056 | +€106,815 | +555% |
| Income taxes | 67/77 | €5,925 | €31,979 | +€26,054 | +440% |
| Profit (loss) for the period | 9904 | €13,317 | €94,077 | +€80,761 | +606% |
| Profit (loss) for the period to be appropriated | 9905 | €13,317 | €94,077 | +€80,761 | +606% |
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 23 October 2026 via checked.be.