Aqua Logistics: 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 Logistics
Largest movements
- Tangible fixed assets -€250,000
down €250,000 (-10.0%), from €2.5m to €2.3m
- Deferred charges and accrued income -€218,388
down €218,388 (-99.7%), from €219,103 to €715
- Cash +€156,549
new in 2025: €156,549
mainly Depreciation (+€250,000) and Deferred charges and accrued income (+€218,388)
- Current investments +€150,000
new in 2025: €150,000
- Debts after one year -€158,332
down €158,332 (-6.2%), from €2.6m to €2.4m
of which Financial debts: -€158,332
- Profit (loss) carried forward -€58,326
down €58,326 (-41.1%), from -€141,771 to -€200,096
- Accrued charges and deferred income +€54,551
up €54,551 (+46.6%), from €117,009 to €171,560
- Financial charges -€5,172
down €5,172 (-4.6%), from €112,229 to €107,057
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 | €2,723,571 | €2,562,324 | -€161,246 | -5.9% |
| Fixed assets | 21/28 | €2,503,425 | €2,253,425 | -€250,000 | -10.0% |
| Tangible fixed assets | 22/27 | €2,503,425 | €2,253,425 | -€250,000 | -10.0% |
| Furniture and vehicles | 24 | €2,503,425 | €2,253,425 | -€250,000 | -10.0% |
| Current assets | 29/58 | €220,146 | €308,900 | +€88,754 | +40.3% |
| Amounts receivable within one year | 40/41 | €1,043 | €1,636 | +€592 | +56.8% |
| Other amounts receivable | 41 | €1,043 | €1,636 | +€592 | +56.8% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | - | €156,549 | +€156,549 | |
| Deferred charges and accrued income | 490/1 | €219,103 | €715 | -€218,388 | -99.7% |
| Total equity and liabilities | 10/49 | €2,723,571 | €2,562,324 | -€161,246 | -5.9% |
| Equity | 10/15 | -€116,771 | -€175,096 | -€58,326 | -49.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,771 | -€200,096 | -€58,326 | -41.1% |
| Amounts payable | 17/49 | €2,840,341 | €2,737,420 | -€102,921 | -3.6% |
| Amounts payable after more than one year | 17 | €2,564,587 | €2,406,255 | -€158,332 | -6.2% |
| Financial debts | 170/4 | €1,464,587 | €1,306,255 | -€158,332 | -10.8% |
| Trade debts | 175 | €1,100,000 | €1,100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €158,745 | €159,605 | +€860 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €158,332 | €158,332 | = | 0.0% |
| Trade debts | 44 | €413 | €1,273 | +€860 | +208.1% |
| Suppliers | 440/4 | €413 | €1,273 | +€860 | +208.1% |
| Accrued charges and deferred income | 492/3 | €117,009 | €171,560 | +€54,551 | +46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250,000 | €250,000 | = | 0.0% |
| Other operating charges | 640/8 | €569 | €1,184 | +€615 | +108.1% |
| Gross operating margin | 9900 | €299,977 | €297,864 | -€2,114 | -0.7% |
| Operating profit (loss) | 9901 | €49,408 | €46,679 | -€2,729 | -5.5% |
| Financial income | 75/76B | - | €2,052 | +€2,052 | |
| Recurring financial income | 75 | - | €2,052 | +€2,052 | |
| Financial charges | 65/66B | €112,229 | €107,057 | -€5,172 | -4.6% |
| Recurring financial charges | 65 | €112,229 | €107,057 | -€5,172 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€62,821 | -€58,326 | +€4,495 | +7.2% |
| Profit (loss) for the period | 9904 | -€62,821 | -€58,326 | +€4,495 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,821 | -€58,326 | +€4,495 | +7.2% |
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.