AQUA KOI: what changed
What changed
AQUA KOI
NACE 47.762, Retail sale of pets, pet food and pet supplies
filed annual accounts (NBB)
Net result for the year
€45,730
2024 · €1,146+€44,584
Equity
€858,958
2024 · €913,227-€54,270
Cash
€133,845
2024 · €132,461+€1,384
Balance sheet total
€1.1m
2024 · €1.3m-€227,292
Largest movements
Assets
- Receivables within one year -€136,462
down €136,462 (-54.3%), from €251,514 to €115,052
of which Trade receivables: -€103,970
- Stocks and contracts -€52,612
down €52,612 (-17.0%), from €310,200 to €257,588
- Tangible fixed assets -€37,538
down €37,538 (-6.4%), from €587,597 to €550,059
of which Land and buildings: -€56,466
Equity and liabilities
- Trade debts -€233,333
down €233,333 (-86.1%), from €270,953 to €37,620
- Other debts +€100,000
up €100,000 (+1,326%), from €7,539 to €107,539
- Reserves -€54,270
down €54,270 (-6.4%), from €851,227 to €796,958
of which Distributable reserves: -€54,270
- Debts after one year -€21,921
down €21,921 (-43.1%), from €50,870 to €28,950
Income statement
- Gross operating margin +€117,902
up €117,902 (+27.2%), from €434,089 to €551,991
- Other operating charges +€49,299
up €49,299 (+270%), from €18,246 to €67,546
- Staff costs +€30,079
up €30,079 (+10.0%), from €300,541 to €330,620
- Taxes +€7,409
up €7,409 (+63.9%), from €11,602 to €19,011
- Financial charges -€6,941
down €6,941 (-25.4%), from €27,332 to €20,391
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,146
Gross operating margin
+€117,902
Staff costs
-€30,079
Depreciation
+€5,297
Write-downs
-€81
Other operating charges
-€49,299
Other operating items
-€180
Financial income
+€1,493
Financial charges
+€6,941
Taxes
-€7,409
Result 2025
€45,730
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€172,008
Investment
-€42,381
Financing
-€128,243
Cash 2024
€132,461
From operations (derived)
+€172,008
Net result for the year
+€45,730
Depreciation
+€82,608
Stocks and contracts
+€52,612
Receivables within one year
+€136,462
Deferred charges and accrued income
-€625
Trade debts
-€233,333
Tax, wage and social debts
-€8,447
Other debts
+€100,000
Accrued charges and deferred income
-€3,000
Investment (derived)
-€42,381
Investment in fixed assets (net)
-€42,381
Financing
-€128,243
Debts after one year
-€21,921
Current portion of long-term debt
-€6,322
Contributions, distributions and other
-€100,000
Cash 2025
€133,845
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,308,149 | €1,080,857 | -€227,292 | -17.4% |
| Fixed assets | 21/28 | €600,413 | €560,186 | -€40,227 | -6.7% |
| Intangible fixed assets | 21 | €12,816 | €10,127 | -€2,689 | -21.0% |
| Tangible fixed assets | 22/27 | €587,597 | €550,059 | -€37,538 | -6.4% |
| Land and buildings | 22 | €466,984 | €410,518 | -€56,466 | -12.1% |
| Plant, machinery and equipment | 23 | €76,790 | €88,585 | +€11,795 | +15.4% |
| Furniture and vehicles | 24 | €43,823 | €50,956 | +€7,134 | +16.3% |
| Current assets | 29/58 | €707,736 | €520,671 | -€187,065 | -26.4% |
| Stocks and contracts in progress | 3 | €310,200 | €257,588 | -€52,612 | -17.0% |
| Stocks | 30/36 | €310,200 | €257,588 | -€52,612 | -17.0% |
| Amounts receivable within one year | 40/41 | €251,514 | €115,052 | -€136,462 | -54.3% |
| Trade receivables | 40 | €186,198 | €82,228 | -€103,970 | -55.8% |
| Other amounts receivable | 41 | €65,316 | €32,823 | -€32,492 | -49.7% |
| Cash at bank and in hand | 54/58 | €132,461 | €133,845 | +€1,384 | +1.0% |
| Deferred charges and accrued income | 490/1 | €13,561 | €14,186 | +€625 | +4.6% |
| Total equity and liabilities | 10/49 | €1,308,149 | €1,080,857 | -€227,292 | -17.4% |
| Equity | 10/15 | €913,227 | €858,958 | -€54,270 | -5.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €851,227 | €796,958 | -€54,270 | -6.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,698 | €15,698 | = | 0.0% |
| Distributable reserves | 133 | €829,330 | €775,060 | -€54,270 | -6.5% |
| Amounts payable | 17/49 | €394,922 | €221,899 | -€173,023 | -43.8% |
| Amounts payable after more than one year | 17 | €50,870 | €28,950 | -€21,921 | -43.1% |
| Financial debts | 170/4 | €50,870 | €28,950 | -€21,921 | -43.1% |
| Amounts payable within one year | 42/48 | €341,052 | €192,950 | -€148,102 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €28,243 | €21,921 | -€6,322 | -22.4% |
| Trade debts | 44 | €270,953 | €37,620 | -€233,333 | -86.1% |
| Suppliers | 440/4 | €270,953 | €37,620 | -€233,333 | -86.1% |
| Taxes, remuneration and social security | 45 | €34,317 | €25,870 | -€8,447 | -24.6% |
| Taxes | 450/3 | €101 | €2,172 | +€2,070 | +2,042% |
| Remuneration and social security | 454/9 | €34,216 | €23,698 | -€10,518 | -30.7% |
| Other amounts payable | 47/48 | €7,539 | €107,539 | +€100,000 | +1,326% |
| Accrued charges and deferred income | 492/3 | €3,000 | - | -€3,000 | |
| Non-recurring operating income | 76A | - | €36,392 | +€36,392 | |
| Remuneration, social security and pensions | 62 | €300,541 | €330,620 | +€30,079 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,905 | €82,608 | -€5,297 | -6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €81 | +€81 | |
| Other operating charges | 640/8 | €18,246 | €67,546 | +€49,299 | +270% |
| Non-recurring operating charges | 66A | - | €180 | +€180 | |
| Gross operating margin | 9900 | €434,089 | €551,991 | +€117,902 | +27.2% |
| Operating profit (loss) | 9901 | €27,396 | €70,956 | +€43,560 | +159% |
| Financial income | 75/76B | €12,683 | €14,176 | +€1,493 | +11.8% |
| Recurring financial income | 75 | €12,683 | €14,176 | +€1,493 | +11.8% |
| Financial charges | 65/66B | €27,332 | €20,391 | -€6,941 | -25.4% |
| Recurring financial charges | 65 | €27,332 | €20,391 | -€6,941 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €12,748 | €64,741 | +€51,993 | +408% |
| Income taxes | 67/77 | €11,602 | €19,011 | +€7,409 | +63.9% |
| Profit (loss) for the period | 9904 | €1,146 | €45,730 | +€44,584 | +3,890% |
| Profit (loss) for the period to be appropriated | 9905 | €1,146 | €45,730 | +€44,584 | +3,890% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.