Aqua - Rota: 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 - Rota
NACE 41.001, General construction of residential buildings
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€51,110
2025 · -€27,056+€78,166
Equity
€3.5m
2025 · €3.5m+€51,110
Cash
€16,317
2025 · €49,282-€32,965
Balance sheet total
€5.1m
2025 · €5.2m-€75,238
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€177,932
down €177,932 (-35.9%), from €494,956 to €317,024
of which Financial debts: -€177,932
- Short-term financial debts +€150,000
new in 2026: €150,000
- Other debts -€93,426
down €93,426 (-9.2%), from €1.0m to €925,223
- Profit (loss) carried forward +€69,143
up €69,143 (+2.3%), from €3.0m to €3.1m
Income statement
- Financial income +€90,451
up €90,451, from €0 to €90,451
- Taxes -€44,727
down €44,727 (-99.3%), from €45,043 to €315
- Gross operating margin -€13,044
down €13,044 (-10.8%), from €120,549 to €107,505
- Depreciation -€1,450
down €1,450 (-2.3%), from €63,423 to €61,974
From the 2025 result to the 2026 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 2025
-€27,056
Gross operating margin
-€13,044
Depreciation
+€1,450
Other operating charges
-€267
Other operating items
-€935
Financial income
+€90,451
Financial charges
+€236
Taxes
+€44,727
Deferred taxes and other
-€44,454
Result 2026
€51,110
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€20,982
Investment
-€14,466
Financing
-€39,481
Cash 2025
€49,282
From operations (derived)
+€20,982
Net result for the year
+€51,110
Depreciation
+€61,974
Receivables within one year
-€5,229
Deferred charges and accrued income
-€5
Provisions
-€6,011
Trade debts
+€12,555
Tax, wage and social debts
-€3,450
Other debts
-€93,426
Accrued charges and deferred income
+€3,466
Investment (derived)
-€14,466
Investment in fixed assets (net)
-€14,466
Financing
-€39,481
Debts after one year
-€177,932
Current portion of long-term debt
-€11,550
Short-term financial debts
+€150,000
Cash 2026
€16,317
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,212,819 | €5,137,581 | -€75,238 | -1.4% |
| Fixed assets | 21/28 | €5,151,090 | €5,103,583 | -€47,507 | -0.9% |
| Tangible fixed assets | 22/27 | €1,110,594 | €1,063,086 | -€47,507 | -4.3% |
| Land and buildings | 22 | €836,562 | €793,484 | -€43,078 | -5.1% |
| Plant, machinery and equipment | 23 | €4,716 | €9,483 | +€4,767 | +101% |
| Furniture and vehicles | 24 | €20,635 | €11,439 | -€9,196 | -44.6% |
| Other tangible fixed assets | 26 | €248,680 | €248,680 | = | 0.0% |
| Financial fixed assets | 28 | €4,040,496 | €4,040,496 | = | 0.0% |
| Current assets | 29/58 | €61,729 | €33,998 | -€27,731 | -44.9% |
| Amounts receivable within one year | 40/41 | €11,850 | €17,079 | +€5,229 | +44.1% |
| Trade receivables | 40 | €11,850 | €12,394 | +€545 | +4.6% |
| Other amounts receivable | 41 | €0 | €4,685 | +€4,685 | |
| Cash at bank and in hand | 54/58 | €49,282 | €16,317 | -€32,965 | -66.9% |
| Deferred charges and accrued income | 490/1 | €597 | €602 | +€5 | +0.8% |
| Total equity and liabilities | 10/49 | €5,212,819 | €5,137,581 | -€75,238 | -1.4% |
| Equity | 10/15 | €3,468,748 | €3,519,857 | +€51,110 | +1.5% |
| Contributions | 10/11 | €87,000 | €87,000 | = | 0.0% |
| Reserves | 13 | €361,158 | €343,125 | -€18,033 | -5.0% |
| Tax-exempt reserves | 132 | €256,807 | €238,774 | -€18,033 | -7.0% |
| Distributable reserves | 133 | €104,351 | €104,351 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,020,589 | €3,089,732 | +€69,143 | +2.3% |
| Provisions and deferred taxes | 16 | €85,602 | €79,591 | -€6,011 | -7.0% |
| Deferred taxes | 168 | €85,602 | €79,591 | -€6,011 | -7.0% |
| Amounts payable | 17/49 | €1,658,468 | €1,538,132 | -€120,336 | -7.3% |
| Amounts payable after more than one year | 17 | €494,956 | €317,024 | -€177,932 | -35.9% |
| Financial debts | 170/4 | €494,956 | €317,024 | -€177,932 | -35.9% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,096,034 | €1,150,163 | +€54,129 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €62,668 | €51,118 | -€11,550 | -18.4% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €2,548 | €15,103 | +€12,555 | +493% |
| Suppliers | 440/4 | €2,548 | €15,103 | +€12,555 | +493% |
| Taxes, remuneration and social security | 45 | €12,169 | €8,720 | -€3,450 | -28.3% |
| Taxes | 450/3 | €12,169 | €8,720 | -€3,450 | -28.3% |
| Other amounts payable | 47/48 | €1,018,649 | €925,223 | -€93,426 | -9.2% |
| Accrued charges and deferred income | 492/3 | €67,479 | €70,945 | +€3,466 | +5.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,423 | €61,974 | -€1,450 | -2.3% |
| Other operating charges | 640/8 | €4,853 | €5,120 | +€267 | +5.5% |
| Non-recurring operating charges | 66A | €0 | €935 | +€935 | |
| Gross operating margin | 9900 | €120,549 | €107,505 | -€13,044 | -10.8% |
| Operating profit (loss) | 9901 | €52,272 | €39,477 | -€12,795 | -24.5% |
| Financial income | 75/76B | €0 | €90,451 | +€90,451 | |
| Recurring financial income | 75 | €0 | €90,451 | +€90,451 | |
| Financial charges | 65/66B | €84,750 | €84,514 | -€236 | -0.3% |
| Recurring financial charges | 65 | €84,750 | €84,514 | -€236 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€32,478 | €45,414 | +€77,892 | |
| Transfer from deferred taxes | 780 | €50,465 | €6,011 | -€44,454 | -88.1% |
| Income taxes | 67/77 | €45,043 | €315 | -€44,727 | -99.3% |
| Profit (loss) for the period | 9904 | -€27,056 | €51,110 | +€78,166 | |
| Transfer from tax-exempt reserves | 789 | €151,395 | €18,033 | -€133,361 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €124,339 | €69,143 | -€55,196 | -44.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.