AQUA - SOFT: what changed
Two fiscal 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 - SOFT
Largest movements
- Tangible fixed assets +€103,246
up €103,246 (+23.4%), from €440,464 to €543,710
of which Furniture and vehicles: +€121,320
- Cash -€33,094
down €33,094 (-5.4%), from €607,696 to €574,602
mainly Investment in fixed assets (net) (-€211,679) and Deferred charges and accrued income (-€26,057)
- Deferred charges and accrued income +€26,057
up €26,057 (+131.4%), from €19,829 to €45,886
- Debts after one year +€119,435
up €119,435 (+37.9%), from €315,493 to €434,928
- Current portion of long-term debt -€24,558
down €24,558 (-32.1%), from €76,620 to €52,062
- Gross operating margin +€82,677
up €82,677 (+14.6%), from €565,847 to €648,524
- Staff costs +€81,471
up €81,471 (+23.4%), from €347,588 to €429,059
- Financial charges +€45,176
up €45,176 (+1131.9%), from €3,991 to €49,167
of which Financial charges: +€29,824
- Depreciation +€28,543
up €28,543 (+35.7%), from €79,890 to €108,433
- Taxes +€27,785
new in 2024: €27,785
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,294,546 | €1,385,891 | +€91,345 | +7.1% |
| Fixed assets | 21/28 | €447,297 | €550,543 | +€103,246 | +23.1% |
| Tangible fixed assets | 22/27 | €440,464 | €543,710 | +€103,246 | +23.4% |
| Land and buildings | 22 | €252,012 | €236,528 | -€15,484 | -6.1% |
| Plant, machinery and equipment | 23 | €19,072 | €16,482 | -€2,590 | -13.6% |
| Furniture and vehicles | 24 | €169,380 | €290,700 | +€121,320 | +71.6% |
| Financial fixed assets | 28 | €6,833 | €6,833 | = | 0.0% |
| Current assets | 29/58 | €847,249 | €835,348 | -€11,901 | -1.4% |
| Stocks and contracts in progress | 3 | €20,757 | €20,757 | = | 0.0% |
| Stocks | 30/36 | €20,757 | €20,757 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €169,619 | €164,754 | -€4,865 | -2.9% |
| Trade receivables | 40 | €116,094 | €137,376 | +€21,282 | +18.3% |
| Other amounts receivable | 41 | €53,525 | €27,378 | -€26,147 | -48.9% |
| Current investments | 50/53 | €29,348 | €29,349 | +€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €607,696 | €574,602 | -€33,094 | -5.4% |
| Deferred charges and accrued income | 490/1 | €19,829 | €45,886 | +€26,057 | +131.4% |
| Total equity and liabilities | 10/49 | €1,294,546 | €1,385,891 | +€91,345 | +7.1% |
| Equity | 10/15 | €740,741 | €742,084 | +€1,343 | +0.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €73,137 | €73,137 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,160 | €5,160 | = | 0.0% |
| Legal reserve | 130 | €5,160 | €5,160 | = | 0.0% |
| Tax-exempt reserves | 132 | €67,977 | €67,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | €605,604 | €606,947 | +€1,343 | +0.2% |
| Amounts payable | 17/49 | €553,805 | €643,807 | +€90,002 | +16.3% |
| Amounts payable after more than one year | 17 | €315,493 | €434,928 | +€119,435 | +37.9% |
| Financial debts | 170/4 | €315,493 | €434,928 | +€119,435 | +37.9% |
| Amounts payable within one year | 42/48 | €238,312 | €208,879 | -€29,433 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €76,620 | €52,062 | -€24,558 | -32.1% |
| Trade debts | 44 | €36,930 | €30,953 | -€5,977 | -16.2% |
| Suppliers | 440/4 | €36,930 | €30,953 | -€5,977 | -16.2% |
| Taxes, remuneration and social security | 45 | €30,788 | €30,799 | +€11 | 0.0% |
| Taxes | 450/3 | €30,267 | €30,278 | +€11 | 0.0% |
| Remuneration and social security | 454/9 | €521 | €521 | = | 0.0% |
| Other amounts payable | 47/48 | €93,974 | €95,065 | +€1,091 | +1.2% |
| Remuneration, social security and pensions | 62 | €347,588 | €429,059 | +€81,471 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,890 | €108,433 | +€28,543 | +35.7% |
| Other operating charges | 640/8 | €5,010 | €7,809 | +€2,799 | +55.9% |
| Gross operating margin | 9900 | €565,847 | €648,524 | +€82,677 | +14.6% |
| Operating profit (loss) | 9901 | €133,359 | €103,223 | -€30,136 | -22.6% |
| Financial income | 75/76B | €7 | €72 | +€65 | +928.6% |
| Recurring financial income | 75 | €7 | €72 | +€65 | +928.6% |
| Financial charges | 65/66B | €3,991 | €49,167 | +€45,176 | +1131.9% |
| Recurring financial charges | 65 | €3,991 | €33,815 | +€29,824 | +747.3% |
| Non-recurring financial charges | 66B | - | €15,352 | +€15,352 | |
| Profit (loss) for the period before taxes | 9903 | €129,375 | €54,128 | -€75,247 | -58.2% |
| Income taxes | 67/77 | - | €27,785 | +€27,785 | |
| Profit (loss) for the period | 9904 | €129,375 | €26,343 | -€103,032 | -79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €129,375 | €26,343 | -€103,032 | -79.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.