Aqua'Time: 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'Time
Largest movements
- Tangible fixed assets -€15,169
down €15,169 (-3.7%), from €407,874 to €392,705
of which Land and buildings: -€11,107
- Receivables within one year +€7,068
up €7,068 (+866.7%), from €815 to €7,883
of which Trade receivables: +€7,428
- Debts after one year -€11,068
down €11,068 (-6.1%), from €180,053 to €168,985
- Accrued charges and deferred income -€9,904
down €9,904 (-49.8%), from €19,900 to €9,996
- Other debts +€8,671
up €8,671 (+4.0%), from €219,100 to €227,771
- Gross operating margin +€37,811
up €37,811 (+302.6%), from €12,494 to €50,305
- Staff costs +€6,865
up €6,865 (+44.1%), from €15,572 to €22,437
- Depreciation +€2,984
up €2,984 (+25.4%), from €11,767 to €14,752
- Financial charges +€614
up €614 (+7.0%), from €8,813 to €9,428
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 | €415,442 | €405,856 | -€9,586 | -2.3% |
| Fixed assets | 21/28 | €407,874 | €392,705 | -€15,169 | -3.7% |
| Tangible fixed assets | 22/27 | €407,874 | €392,705 | -€15,169 | -3.7% |
| Land and buildings | 22 | €403,812 | €392,705 | -€11,107 | -2.8% |
| Furniture and vehicles | 24 | €4,061 | - | -€4,061 | |
| Current assets | 29/58 | €7,568 | €13,151 | +€5,583 | +73.8% |
| Amounts receivable within one year | 40/41 | €815 | €7,883 | +€7,068 | +866.7% |
| Trade receivables | 40 | €120 | €7,548 | +€7,428 | +6190.0% |
| Other amounts receivable | 41 | €695 | €335 | -€360 | -51.8% |
| Cash at bank and in hand | 54/58 | €6,664 | €5,106 | -€1,558 | -23.4% |
| Deferred charges and accrued income | 490/1 | €89 | €162 | +€73 | +82.0% |
| Total equity and liabilities | 10/49 | €415,442 | €405,856 | -€9,586 | -2.3% |
| Equity | 10/15 | -€28,552 | -€25,262 | +€3,290 | +11.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,552 | -€28,262 | +€3,290 | +10.4% |
| Amounts payable | 17/49 | €443,994 | €431,118 | -€12,875 | -2.9% |
| Amounts payable after more than one year | 17 | €180,053 | €168,985 | -€11,068 | -6.1% |
| Financial debts | 170/4 | €180,053 | €168,985 | -€11,068 | -6.1% |
| Amounts payable within one year | 42/48 | €244,041 | €252,137 | +€8,096 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €10,609 | €11,068 | +€459 | +4.3% |
| Trade debts | 44 | €11,770 | €8,343 | -€3,427 | -29.1% |
| Suppliers | 440/4 | €11,770 | €8,343 | -€3,427 | -29.1% |
| Taxes, remuneration and social security | 45 | €2,562 | €4,956 | +€2,393 | +93.4% |
| Taxes | 450/3 | €2,562 | €4,287 | +€1,725 | +67.3% |
| Remuneration and social security | 454/9 | - | €668 | +€668 | |
| Other amounts payable | 47/48 | €219,100 | €227,771 | +€8,671 | +4.0% |
| Accrued charges and deferred income | 492/3 | €19,900 | €9,996 | -€9,904 | -49.8% |
| Remuneration, social security and pensions | 62 | €15,572 | €22,437 | +€6,865 | +44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,767 | €14,752 | +€2,984 | +25.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €12,494 | €50,305 | +€37,811 | +302.6% |
| Operating profit (loss) | 9901 | -€15,232 | €12,717 | +€27,949 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €8,813 | €9,428 | +€614 | +7.0% |
| Recurring financial charges | 65 | €8,813 | €9,428 | +€614 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | -€24,045 | €3,290 | +€27,335 | |
| Profit (loss) for the period | 9904 | -€24,045 | €3,290 | +€27,335 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,045 | €3,290 | +€27,335 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.