AQUA SOLUTION: 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 SOLUTION
Largest movements
- Receivables within one year -€159,573
down €159,573 (-68.8%), from €231,950 to €72,377
of which Trade receivables: -€182,549
- Deferred charges and accrued income +€30,858
up €30,858 (+84.7%), from €36,441 to €67,299
- Tangible fixed assets -€4,749
down €4,749 (-56.1%), from €8,471 to €3,722
- Trade debts -€83,780
down €83,780 (-86.4%), from €97,001 to €13,221
- Tax, wage and social debts -€31,906
down €31,906 (-70.7%), from €45,132 to €13,226
of which Taxes: -€27,103
- Advances received -€10,707
no longer reported in 2025 (was €10,707)
- Profit (loss) carried forward -€4,485
down €4,485 (-3.1%), from €145,542 to €141,057
- Other debts -€3,230
no longer reported in 2025 (was €3,230)
- Gross operating margin -€56,781
down €56,781 (-71.8%), from €79,115 to €22,334
- Financial charges +€24,516
up €24,516 (+11919.0%), from €206 to €24,722
- Taxes -€17,413
down €17,413, from €14,000 to -€3,413
- Other operating charges +€3,903
up €3,903 (+513.3%), from €760 to €4,663
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.
Cash bridge derived
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 | €303,612 | €169,504 | -€134,109 | -44.2% |
| Fixed assets | 21/28 | €8,471 | €3,722 | -€4,749 | -56.1% |
| Tangible fixed assets | 22/27 | €8,471 | €3,722 | -€4,749 | -56.1% |
| Furniture and vehicles | 24 | €8,471 | €3,722 | -€4,749 | -56.1% |
| Current assets | 29/58 | €295,141 | €165,782 | -€129,359 | -43.8% |
| Amounts receivable within one year | 40/41 | €231,950 | €72,377 | -€159,573 | -68.8% |
| Trade receivables | 40 | €231,950 | €49,401 | -€182,549 | -78.7% |
| Other amounts receivable | 41 | - | €22,975 | +€22,975 | |
| Cash at bank and in hand | 54/58 | €26,750 | €26,106 | -€644 | -2.4% |
| Deferred charges and accrued income | 490/1 | €36,441 | €67,299 | +€30,858 | +84.7% |
| Total equity and liabilities | 10/49 | €303,612 | €169,504 | -€134,109 | -44.2% |
| Equity | 10/15 | €147,542 | €143,057 | -€4,485 | -3.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,542 | €141,057 | -€4,485 | -3.1% |
| Amounts payable | 17/49 | €156,070 | €26,447 | -€129,623 | -83.1% |
| Amounts payable within one year | 42/48 | €156,070 | €26,447 | -€129,623 | -83.1% |
| Trade debts | 44 | €97,001 | €13,221 | -€83,780 | -86.4% |
| Suppliers | 440/4 | €97,001 | €13,221 | -€83,780 | -86.4% |
| Advances received on contracts in progress | 46 | €10,707 | - | -€10,707 | |
| Taxes, remuneration and social security | 45 | €45,132 | €13,226 | -€31,906 | -70.7% |
| Taxes | 450/3 | €40,328 | €13,226 | -€27,103 | -67.2% |
| Remuneration and social security | 454/9 | €4,803 | - | -€4,803 | |
| Other amounts payable | 47/48 | €3,230 | - | -€3,230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,793 | €1,042 | -€751 | -41.9% |
| Other operating charges | 640/8 | €760 | €4,663 | +€3,903 | +513.3% |
| Gross operating margin | 9900 | €79,115 | €22,334 | -€56,781 | -71.8% |
| Operating profit (loss) | 9901 | €76,561 | €16,628 | -€59,933 | -78.3% |
| Financial income | 75/76B | €245 | €195 | -€50 | -20.3% |
| Recurring financial income | 75 | €245 | €195 | -€50 | -20.3% |
| Financial charges | 65/66B | €206 | €24,722 | +€24,516 | +11919.0% |
| Recurring financial charges | 65 | €206 | €24,722 | +€24,516 | +11919.0% |
| Profit (loss) for the period before taxes | 9903 | €76,601 | -€7,899 | -€84,500 | |
| Income taxes | 67/77 | €14,000 | -€3,413 | -€17,413 | |
| Profit (loss) for the period | 9904 | €62,601 | -€4,485 | -€67,086 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,601 | -€4,485 | -€67,086 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.