AQUA MULTI SERVICES: 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 MULTI SERVICES
Largest movements
- Receivables within one year -€167,409
down €167,409 (-48.5%), from €345,464 to €178,055
of which Trade receivables: -€160,420
- Cash +€136,511
up €136,511 (+15.0%), from €911,488 to €1.0m
mainly Receivables within one year (+€167,409) and Tax, wage and social debts (+€83,869)
- Trade debts -€140,935
down €140,935 (-73.2%), from €192,547 to €51,612
- Tax, wage and social debts +€83,869
up €83,869 (+240.1%), from €34,937 to €118,806
of which Remuneration and social security: +€57,114
- Other debts +€42,971
up €42,971 (+15.3%), from €280,441 to €323,411
- Reserves -€23,100
down €23,100 (-6.4%), from €361,942 to €338,842
- Other operating charges -€13,193
down €13,193 (-73.6%), from €17,935 to €4,742
- Write-downs +€13,068
no longer reported in 2025 (was -€13,068)
- Gross operating margin -€6,861
down €6,861 (-1.3%), from €547,924 to €541,062
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 | €1,287,354 | €1,240,980 | -€46,374 | -3.6% |
| Fixed assets | 21/28 | €22,915 | €12,051 | -€10,863 | -47.4% |
| Tangible fixed assets | 22/27 | €22,915 | €12,051 | -€10,863 | -47.4% |
| Plant, machinery and equipment | 23 | €907 | €557 | -€350 | -38.6% |
| Furniture and vehicles | 24 | €22,007 | €11,494 | -€10,513 | -47.8% |
| Current assets | 29/58 | €1,264,439 | €1,228,928 | -€35,511 | -2.8% |
| Amounts receivable within one year | 40/41 | €345,464 | €178,055 | -€167,409 | -48.5% |
| Trade receivables | 40 | €307,227 | €146,806 | -€160,420 | -52.2% |
| Other amounts receivable | 41 | €38,237 | €31,248 | -€6,989 | -18.3% |
| Cash at bank and in hand | 54/58 | €911,488 | €1,047,999 | +€136,511 | +15.0% |
| Deferred charges and accrued income | 490/1 | €7,488 | €2,875 | -€4,613 | -61.6% |
| Total equity and liabilities | 10/49 | €1,287,354 | €1,240,980 | -€46,374 | -3.6% |
| Equity | 10/15 | €759,783 | €736,747 | -€23,036 | -3.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €361,942 | €338,842 | -€23,100 | -6.4% |
| Distributable reserves | 133 | €361,942 | €338,842 | -€23,100 | -6.4% |
| Profit (loss) carried forward | 14 | €379,250 | €379,314 | +€64 | 0.0% |
| Amounts payable | 17/49 | €527,570 | €504,232 | -€23,338 | -4.4% |
| Amounts payable after more than one year | 17 | €10,158 | €2,189 | -€7,969 | -78.5% |
| Financial debts | 170/4 | €10,158 | €2,189 | -€7,969 | -78.5% |
| Amounts payable within one year | 42/48 | €516,942 | €502,044 | -€14,898 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €8,772 | €7,969 | -€802 | -9.1% |
| Trade debts | 44 | €192,547 | €51,612 | -€140,935 | -73.2% |
| Suppliers | 440/4 | €192,547 | €51,612 | -€140,935 | -73.2% |
| Advances received on contracts in progress | 46 | €245 | €245 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €34,937 | €118,806 | +€83,869 | +240.1% |
| Taxes | 450/3 | €8,877 | €35,632 | +€26,755 | +301.4% |
| Remuneration and social security | 454/9 | €26,061 | €83,174 | +€57,114 | +219.2% |
| Other amounts payable | 47/48 | €280,441 | €323,411 | +€42,971 | +15.3% |
| Accrued charges and deferred income | 492/3 | €471 | - | -€471 | |
| Non-recurring operating income | 76A | €1,425 | €3,136 | +€1,711 | +120.1% |
| Remuneration, social security and pensions | 62 | €497,350 | €500,492 | +€3,142 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,033 | €10,863 | -€169 | -1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,068 | - | +€13,068 | |
| Other operating charges | 640/8 | €17,935 | €4,742 | -€13,193 | -73.6% |
| Non-recurring operating charges | 66A | €19,635 | €395 | -€19,240 | -98.0% |
| Gross operating margin | 9900 | €547,924 | €541,062 | -€6,861 | -1.3% |
| Operating profit (loss) | 9901 | €15,039 | €24,570 | +€9,532 | +63.4% |
| Financial income | 75/76B | €7,291 | €2,477 | -€4,814 | -66.0% |
| Recurring financial income | 75 | €7,291 | €2,477 | -€4,814 | -66.0% |
| Financial charges | 65/66B | €3,649 | €2,700 | -€949 | -26.0% |
| Recurring financial charges | 65 | €3,649 | €2,700 | -€949 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €18,681 | €24,347 | +€5,666 | +30.3% |
| Income taxes | 67/77 | €5,989 | €7,383 | +€1,394 | +23.3% |
| Profit (loss) for the period | 9904 | €12,691 | €16,964 | +€4,272 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,691 | €16,964 | +€4,272 | +33.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.