AQUA N.E.S: 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 N.E.S
Largest movements
- Receivables within one year -€11,877
down €11,877 (-14.7%), from €80,705 to €68,828
of which Trade receivables: -€10,145
- Stocks and contracts -€4,922
no longer reported in 2025 (was €4,922)
- Cash +€3,174
up €3,174 (+2,697%), from €118 to €3,291
mainly Net result for the year (+€21,442) and Receivables within one year (+€11,877)
- Trade debts -€16,342
down €16,342 (-84.6%), from €19,318 to €2,976
- Advances received +€10,969
new in 2025: €10,969
- Profit (loss) carried forward -€8,558
down €8,558 (-37.6%), from €22,774 to €14,216
- Tax, wage and social debts +€5,056
up €5,056 (+79.0%), from €6,402 to €11,458
of which Taxes: +€11,458
- Other debts -€5,000
down €5,000 (-14.3%), from €35,000 to €30,000
- Gross operating margin +€35,650
up €35,650, from -€2,503 to €33,146
- Taxes +€4,523
up €4,523 (+848%), from €533 to €5,056
- Financial charges -€3,428
down €3,428 (-82.6%), from €4,150 to €723
- Depreciation -€3,000
no longer reported in 2025 (was €3,000)
- Financial income -€2,586
no longer reported in 2025 (was €2,586)
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 | €85,994 | €72,119 | -€13,875 | -16.1% |
| Fixed assets | 21/28 | €250 | - | -€250 | |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €85,744 | €72,119 | -€13,625 | -15.9% |
| Stocks and contracts in progress | 3 | €4,922 | - | -€4,922 | |
| Stocks | 30/36 | €4,922 | - | -€4,922 | |
| Amounts receivable within one year | 40/41 | €80,705 | €68,828 | -€11,877 | -14.7% |
| Trade receivables | 40 | €28,627 | €18,482 | -€10,145 | -35.4% |
| Other amounts receivable | 41 | €52,077 | €50,346 | -€1,731 | -3.3% |
| Cash at bank and in hand | 54/58 | €118 | €3,291 | +€3,174 | +2,697% |
| Total equity and liabilities | 10/49 | €85,994 | €72,119 | -€13,875 | -16.1% |
| Equity | 10/15 | €25,274 | €16,716 | -€8,558 | -33.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,774 | €14,216 | -€8,558 | -37.6% |
| Amounts payable | 17/49 | €60,720 | €55,403 | -€5,317 | -8.8% |
| Amounts payable within one year | 42/48 | €60,720 | €55,403 | -€5,317 | -8.8% |
| Trade debts | 44 | €19,318 | €2,976 | -€16,342 | -84.6% |
| Suppliers | 440/4 | €19,318 | €2,976 | -€16,342 | -84.6% |
| Advances received on contracts in progress | 46 | - | €10,969 | +€10,969 | |
| Taxes, remuneration and social security | 45 | €6,402 | €11,458 | +€5,056 | +79.0% |
| Taxes | 450/3 | - | €11,458 | +€11,458 | |
| Remuneration and social security | 454/9 | €6,402 | - | -€6,402 | |
| Other amounts payable | 47/48 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Remuneration, social security and pensions | 62 | - | €428 | +€428 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,000 | - | -€3,000 | |
| Other operating charges | 640/8 | €4,902 | €5,498 | +€596 | +12.2% |
| Gross operating margin | 9900 | -€2,503 | €33,146 | +€35,650 | |
| Operating profit (loss) | 9901 | -€10,405 | €27,221 | +€37,626 | |
| Financial income | 75/76B | €2,586 | - | -€2,586 | |
| Recurring financial income | 75 | €2,586 | - | -€2,586 | |
| Financial charges | 65/66B | €4,150 | €723 | -€3,428 | -82.6% |
| Recurring financial charges | 65 | €4,150 | €723 | -€3,428 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,970 | €26,498 | +€38,468 | |
| Income taxes | 67/77 | €533 | €5,056 | +€4,523 | +848% |
| Profit (loss) for the period | 9904 | -€12,503 | €21,442 | +€33,945 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,503 | €21,442 | +€33,945 |
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 17 October 2026 via checked.be.