Aqua Libra: 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 Libra
Largest movements
- Tangible fixed assets -€61,836
down €61,836 (-15.0%), from €413,271 to €351,435
of which Plant, machinery and equipment: -€59,873
- Receivables within one year +€27,467
up €27,467 (+128.7%), from €21,336 to €48,803
of which Trade receivables: +€20,473
- Cash +€12,052
up €12,052 (+64.0%), from €18,833 to €30,885
mainly Depreciation (+€63,030) and Trade debts (+€19,419)
- Debts after one year -€49,449
down €49,449 (-24.8%), from €199,211 to €149,763
- Trade debts +€19,419
up €19,419 (+211.4%), from €9,186 to €28,604
- Tax, wage and social debts +€9,009
up €9,009 (+3924.4%), from €230 to €9,238
of which Taxes: +€6,036
- Other debts -€5,199
down €5,199 (-47.7%), from €10,902 to €5,703
- Profit (loss) carried forward +€4,786
up €4,786 (+60.9%), from -€7,859 to -€3,073
- Gross operating margin +€14,779
up €14,779 (+15.4%), from €95,974 to €110,752
- Other operating charges +€3,099
up €3,099 (+9.3%), from €33,159 to €36,257
- Depreciation -€2,500
down €2,500 (-3.8%), from €65,530 to €63,030
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 | €464,846 | €443,508 | -€21,339 | -4.6% |
| Fixed assets | 21/28 | €413,571 | €351,435 | -€62,136 | -15.0% |
| Tangible fixed assets | 22/27 | €413,271 | €351,435 | -€61,836 | -15.0% |
| Plant, machinery and equipment | 23 | €409,493 | €349,620 | -€59,873 | -14.6% |
| Furniture and vehicles | 24 | €3,779 | €1,815 | -€1,964 | -52.0% |
| Financial fixed assets | 28 | €300 | - | -€300 | |
| Current assets | 29/58 | €51,275 | €92,073 | +€40,798 | +79.6% |
| Stocks and contracts in progress | 3 | €3,733 | €4,950 | +€1,217 | +32.6% |
| Stocks | 30/36 | €3,733 | €4,950 | +€1,217 | +32.6% |
| Amounts receivable within one year | 40/41 | €21,336 | €48,803 | +€27,467 | +128.7% |
| Trade receivables | 40 | €17,973 | €38,447 | +€20,473 | +113.9% |
| Other amounts receivable | 41 | €3,362 | €10,356 | +€6,994 | +208.0% |
| Current investments | 50/53 | €5,209 | €5,209 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,833 | €30,885 | +€12,052 | +64.0% |
| Deferred charges and accrued income | 490/1 | €2,164 | €2,227 | +€63 | +2.9% |
| Total equity and liabilities | 10/49 | €464,846 | €443,508 | -€21,339 | -4.6% |
| Equity | 10/15 | €195,497 | €200,283 | +€4,786 | +2.4% |
| Contributions | 10/11 | €48,550 | €48,550 | = | 0.0% |
| Reserves | 13 | €154,806 | €154,806 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,907 | €1,907 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,907 | €1,907 | = | 0.0% |
| Distributable reserves | 133 | €152,899 | €152,899 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,859 | -€3,073 | +€4,786 | +60.9% |
| Amounts payable | 17/49 | €269,349 | €243,225 | -€26,124 | -9.7% |
| Amounts payable after more than one year | 17 | €199,211 | €149,763 | -€49,449 | -24.8% |
| Financial debts | 170/4 | €199,211 | €149,763 | -€49,449 | -24.8% |
| Amounts payable within one year | 42/48 | €70,138 | €93,462 | +€23,324 | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €48,843 | €49,449 | +€606 | +1.2% |
| Trade debts | 44 | €9,186 | €28,604 | +€19,419 | +211.4% |
| Suppliers | 440/4 | €9,186 | €28,604 | +€19,419 | +211.4% |
| Advances received on contracts in progress | 46 | €978 | €468 | -€510 | -52.2% |
| Taxes, remuneration and social security | 45 | €230 | €9,238 | +€9,009 | +3924.4% |
| Taxes | 450/3 | €230 | €6,265 | +€6,036 | +2629.3% |
| Remuneration and social security | 454/9 | - | €2,973 | +€2,973 | |
| Other amounts payable | 47/48 | €10,902 | €5,703 | -€5,199 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,530 | €63,030 | -€2,500 | -3.8% |
| Other operating charges | 640/8 | €33,159 | €36,257 | +€3,099 | +9.3% |
| Gross operating margin | 9900 | €95,974 | €110,752 | +€14,779 | +15.4% |
| Operating profit (loss) | 9901 | -€2,715 | €11,465 | +€14,180 | |
| Financial income | 75/76B | €653 | €886 | +€233 | +35.7% |
| Recurring financial income | 75 | €653 | €886 | +€233 | +35.7% |
| Financial charges | 65/66B | €5,547 | €6,426 | +€878 | +15.8% |
| Recurring financial charges | 65 | €5,547 | €6,426 | +€878 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,609 | €5,926 | +€13,535 | |
| Income taxes | 67/77 | €250 | €1,140 | +€890 | +356.4% |
| Profit (loss) for the period | 9904 | -€7,859 | €4,786 | +€12,645 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,859 | €4,786 | +€12,645 |
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 10 October 2026 via checked.be.