AQUA-POSEIDON: 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-POSEIDON
Largest movements
- Tangible fixed assets -€47,776
down €47,776 (-7.0%), from €685,959 to €638,183
of which Furniture and vehicles: -€34,474
- Receivables within one year -€10,113
down €10,113 (-39.4%), from €25,642 to €15,529
of which Trade receivables: -€10,799
- Cash -€8,708
down €8,708 (-23.0%), from €37,859 to €29,151
mainly Other debts (-€113,636) and Debts after one year (-€34,059)
- Other debts -€113,636
down €113,636 (-38.3%), from €296,354 to €182,718
- Reserves +€79,369
up €79,369 (+8,043%), from €987 to €80,356
- Debts after one year -€34,059
down €34,059 (-8.8%), from €385,842 to €351,783
- Profit (loss) carried forward +€10,083
up €10,083, from -€10,083 to €0
- Trade debts -€10,027
down €10,027 (-48.9%), from €20,522 to €10,495
- Gross operating margin +€87,216
up €87,216 (+104%), from €83,485 to €170,701
- Taxes +€34,638
new in 2025: €34,638
- Depreciation -€13,592
down €13,592 (-30.8%), from €44,159 to €30,567
- Other operating charges -€4,541
down €4,541 (-58.9%), from €7,705 to €3,164
- Financial income -€2,299
down €2,299 (-99.2%), from €2,318 to €19
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 | €749,460 | €682,863 | -€66,597 | -8.9% |
| Fixed assets | 21/28 | €685,959 | €638,183 | -€47,776 | -7.0% |
| Tangible fixed assets | 22/27 | €685,959 | €638,183 | -€47,776 | -7.0% |
| Land and buildings | 22 | €459,022 | €446,004 | -€13,018 | -2.8% |
| Plant, machinery and equipment | 23 | €895 | €611 | -€284 | -31.8% |
| Furniture and vehicles | 24 | €226,042 | €191,568 | -€34,474 | -15.3% |
| Current assets | 29/58 | €63,501 | €44,680 | -€18,821 | -29.6% |
| Amounts receivable within one year | 40/41 | €25,642 | €15,529 | -€10,113 | -39.4% |
| Trade receivables | 40 | €25,078 | €14,279 | -€10,799 | -43.1% |
| Other amounts receivable | 41 | €564 | €1,251 | +€686 | +122% |
| Cash at bank and in hand | 54/58 | €37,859 | €29,151 | -€8,708 | -23.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €749,460 | €682,863 | -€66,597 | -8.9% |
| Equity | 10/15 | €9,504 | €98,956 | +€89,452 | +941% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €987 | €80,356 | +€79,369 | +8,043% |
| Distributable reserves | 133 | €987 | €80,356 | +€79,369 | +8,043% |
| Profit (loss) carried forward | 14 | -€10,083 | €0 | +€10,083 | |
| Amounts payable | 17/49 | €739,957 | €583,907 | -€156,050 | -21.1% |
| Amounts payable after more than one year | 17 | €385,842 | €351,783 | -€34,059 | -8.8% |
| Financial debts | 170/4 | €385,842 | €351,783 | -€34,059 | -8.8% |
| Amounts payable within one year | 42/48 | €353,612 | €231,657 | -€121,955 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €35,337 | €35,306 | -€31 | -0.1% |
| Trade debts | 44 | €20,522 | €10,495 | -€10,027 | -48.9% |
| Suppliers | 440/4 | €20,522 | €10,495 | -€10,027 | -48.9% |
| Taxes, remuneration and social security | 45 | €1,398 | €3,137 | +€1,740 | +124% |
| Taxes | 450/3 | €1,398 | €3,137 | +€1,740 | +124% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €296,354 | €182,718 | -€113,636 | -38.3% |
| Accrued charges and deferred income | 492/3 | €503 | €467 | -€36 | -7.1% |
| Non-recurring operating income | 76A | €3,416 | €125,076 | +€121,659 | +3,561% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,159 | €30,567 | -€13,592 | -30.8% |
| Other operating charges | 640/8 | €7,705 | €3,164 | -€4,541 | -58.9% |
| Non-recurring operating charges | 66A | - | €1,708 | +€1,708 | |
| Gross operating margin | 9900 | €83,485 | €170,701 | +€87,216 | +104% |
| Operating profit (loss) | 9901 | €31,622 | €135,262 | +€103,640 | +328% |
| Financial income | 75/76B | €2,318 | €19 | -€2,299 | -99.2% |
| Recurring financial income | 75 | €2,318 | €19 | -€2,299 | -99.2% |
| Financial charges | 65/66B | €11,589 | €10,358 | -€1,231 | -10.6% |
| Recurring financial charges | 65 | €11,589 | €10,358 | -€1,231 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €22,351 | €124,923 | +€102,572 | +459% |
| Income taxes | 67/77 | - | €34,638 | +€34,638 | |
| Profit (loss) for the period | 9904 | €22,351 | €90,285 | +€67,934 | +304% |
| Profit (loss) for the period to be appropriated | 9905 | €22,351 | €90,285 | +€67,934 | +304% |
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 31 October 2026 via checked.be.