AQUA PRODUCTION: 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.
What changed
AQUA PRODUCTION
NACE 03.220, Fishing and aquaculture
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€904
2024 · -€62,247+€63,150
Equity
€188,093
2024 · €187,313+€781
Cash
€47,780
2024 · €19,645+€28,135
Balance sheet total
€571,755
2024 · €522,042+€49,713
Largest movements
Assets
- Stocks and contracts +€47,143
up €47,143 (+11.5%), from €408,228 to €455,370
- Cash +€28,135
up €28,135 (+143%), from €19,645 to €47,780
mainly Other debts (+€70,710) and Depreciation (+€14,355)
- Tangible fixed assets -€12,575
down €12,575 (-32.5%), from €38,734 to €26,159
- Receivables within one year -€10,245
down €10,245 (-29.2%), from €35,051 to €24,806
of which Trade receivables: -€12,405
Equity and liabilities
- Other debts +€70,710
up €70,710 (+175%), from €40,368 to €111,079
- Trade debts -€12,589
down €12,589 (-84.4%), from €14,924 to €2,335
Income statement
- Staff costs -€64,284
down €64,284 (-16.8%), from €382,914 to €318,630
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.
Result 2024
-€62,247
Gross operating margin
-€2,291
Staff costs
+€64,284
Depreciation
+€2,113
Other operating charges
-€274
Financial income
-€706
Financial charges
+€587
Taxes
-€366
Deferred taxes and other
-€197
Result 2025
€904
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€34,885
Investment
-€602
Financing
-€6,147
Cash 2024
€19,645
From operations (derived)
+€34,885
Net result for the year
+€904
Depreciation
+€14,355
Stocks and contracts
-€47,143
Receivables within one year
+€10,245
Deferred charges and accrued income
+€1,567
Provisions
-€88
Trade debts
-€12,589
Tax, wage and social debts
-€3,078
Other debts
+€70,710
Investment (derived)
-€602
Investment in fixed assets (net)
-€602
Financing
-€6,147
Current portion of long-term debt
-€5,086
Short-term financial debts
-€938
Contributions, distributions and other
-€123
Cash 2025
€47,780
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €522,042 | €571,755 | +€49,713 | +9.5% |
| Fixed assets | 21/28 | €50,343 | €36,590 | -€13,753 | -27.3% |
| Intangible fixed assets | 21 | €11,457 | €10,279 | -€1,178 | -10.3% |
| Tangible fixed assets | 22/27 | €38,734 | €26,159 | -€12,575 | -32.5% |
| Land and buildings | 22 | €1,808 | - | -€1,808 | |
| Plant, machinery and equipment | 23 | €18,858 | €13,806 | -€5,052 | -26.8% |
| Furniture and vehicles | 24 | €11,918 | €7,139 | -€4,779 | -40.1% |
| Other tangible fixed assets | 26 | €6,151 | €5,214 | -€937 | -15.2% |
| Financial fixed assets | 28 | €152 | €152 | = | 0.0% |
| Current assets | 29/58 | €471,700 | €535,165 | +€63,465 | +13.5% |
| Stocks and contracts in progress | 3 | €408,228 | €455,370 | +€47,143 | +11.5% |
| Stocks | 30/36 | €408,228 | €455,370 | +€47,143 | +11.5% |
| Amounts receivable within one year | 40/41 | €35,051 | €24,806 | -€10,245 | -29.2% |
| Trade receivables | 40 | €29,316 | €16,911 | -€12,405 | -42.3% |
| Other amounts receivable | 41 | €5,734 | €7,895 | +€2,160 | +37.7% |
| Cash at bank and in hand | 54/58 | €19,645 | €47,780 | +€28,135 | +143% |
| Deferred charges and accrued income | 490/1 | €8,776 | €7,208 | -€1,567 | -17.9% |
| Total equity and liabilities | 10/49 | €522,042 | €571,755 | +€49,713 | +9.5% |
| Equity | 10/15 | €187,313 | €188,093 | +€781 | +0.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €20,609 | €20,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,989 | €148,892 | +€904 | +0.6% |
| Investment grants | 15 | €123 | - | -€123 | |
| Provisions and deferred taxes | 16 | €88 | - | -€88 | |
| Deferred taxes | 168 | €88 | - | -€88 | |
| Amounts payable | 17/49 | €334,642 | €383,661 | +€49,019 | +14.6% |
| Amounts payable within one year | 42/48 | €334,642 | €383,661 | +€49,019 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €12,466 | €7,380 | -€5,086 | -40.8% |
| Financial debts | 43 | €250,938 | €250,000 | -€938 | -0.4% |
| Credit institutions | 430/8 | €250,938 | €250,000 | -€938 | -0.4% |
| Trade debts | 44 | €14,924 | €2,335 | -€12,589 | -84.4% |
| Suppliers | 440/4 | €14,924 | €2,335 | -€12,589 | -84.4% |
| Taxes, remuneration and social security | 45 | €15,945 | €12,868 | -€3,078 | -19.3% |
| Taxes | 450/3 | €381 | €437 | +€56 | +14.8% |
| Remuneration and social security | 454/9 | €15,564 | €12,430 | -€3,134 | -20.1% |
| Other amounts payable | 47/48 | €40,368 | €111,079 | +€70,710 | +175% |
| Remuneration, social security and pensions | 62 | €382,914 | €318,630 | -€64,284 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,468 | €14,355 | -€2,113 | -12.8% |
| Other operating charges | 640/8 | €6,202 | €6,476 | +€274 | +4.4% |
| Gross operating margin | 9900 | €356,766 | €354,475 | -€2,291 | -0.6% |
| Operating profit (loss) | 9901 | -€48,819 | €15,013 | +€63,831 | |
| Financial income | 75/76B | €1,220 | €514 | -€706 | -57.8% |
| Recurring financial income | 75 | €1,220 | €514 | -€706 | -57.8% |
| Financial charges | 65/66B | €15,069 | €14,481 | -€587 | -3.9% |
| Recurring financial charges | 65 | €15,069 | €14,481 | -€587 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€62,667 | €1,046 | +€63,713 | |
| Transfer from deferred taxes | 780 | €285 | €88 | -€197 | -69.2% |
| Income taxes | 67/77 | -€136 | €230 | +€366 | |
| Profit (loss) for the period | 9904 | -€62,247 | €904 | +€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | -€62,247 | €904 | +€63,150 |
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 24 October 2026 via checked.be.