Aqua Republique: 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 Republique
Largest movements
- Cash +€9,954
up €9,954 (+73.9%), from €13,468 to €23,421
mainly Trade debts (+€8,785) and Net result for the year (+€5,003)
- Trade debts +€8,785
up €8,785 (+4,076%), from €216 to €9,000
- Reserves +€5,003
up €5,003 (+2.9%), from €172,375 to €177,378
- Tax, wage and social debts -€3,173
down €3,173 (-69.3%), from €4,582 to €1,409
- Gross operating margin -€16,574
down €16,574 (-71.8%), from €23,086 to €6,512
- Taxes -€3,173
down €3,173 (-69.3%), from €4,582 to €1,409
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 | €192,173 | €202,786 | +€10,614 | +5.5% |
| Fixed assets | 21/28 | €1 | €1 | = | 0.0% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €192,172 | €202,786 | +€10,614 | +5.5% |
| Amounts receivable after more than one year | 29 | €55,000 | €55,000 | = | 0.0% |
| Other amounts receivable | 291 | €55,000 | €55,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €122,500 | €122,500 | = | 0.0% |
| Trade receivables | 40 | €122,500 | €122,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,468 | €23,421 | +€9,954 | +73.9% |
| Deferred charges and accrued income | 490/1 | €1,204 | €1,864 | +€660 | +54.8% |
| Total equity and liabilities | 10/49 | €192,173 | €202,786 | +€10,614 | +5.5% |
| Equity | 10/15 | €187,375 | €192,378 | +€5,003 | +2.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €172,375 | €177,378 | +€5,003 | +2.9% |
| Distributable reserves | 133 | €172,375 | €177,378 | +€5,003 | +2.9% |
| Amounts payable | 17/49 | €4,797 | €10,409 | +€5,611 | +117% |
| Amounts payable within one year | 42/48 | €4,797 | €10,409 | +€5,611 | +117% |
| Trade debts | 44 | €216 | €9,000 | +€8,785 | +4,076% |
| Suppliers | 440/4 | €216 | €9,000 | +€8,785 | +4,076% |
| Taxes, remuneration and social security | 45 | €4,582 | €1,409 | -€3,173 | -69.3% |
| Taxes | 450/3 | €4,582 | €1,409 | -€3,173 | -69.3% |
| Other operating charges | 640/8 | €732 | €656 | -€75 | -10.3% |
| Gross operating margin | 9900 | €23,086 | €6,512 | -€16,574 | -71.8% |
| Operating profit (loss) | 9901 | €22,354 | €5,855 | -€16,499 | -73.8% |
| Financial income | 75/76B | €660 | €660 | = | 0.0% |
| Recurring financial income | 75 | €660 | €660 | = | 0.0% |
| Financial charges | 65/66B | €104 | €104 | = | 0.0% |
| Recurring financial charges | 65 | €104 | €104 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €22,910 | €6,411 | -€16,499 | -72.0% |
| Income taxes | 67/77 | €4,582 | €1,409 | -€3,173 | -69.3% |
| Profit (loss) for the period | 9904 | €18,328 | €5,003 | -€13,325 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,328 | €5,003 | -€13,325 | -72.7% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.