AQUA - VITAE: 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 - VITAE
Largest movements
- Tangible fixed assets -€15,592
down €15,592 (-28.7%), from €54,276 to €38,683
of which Furniture and vehicles: -€16,351
- Receivables within one year +€14,394
up €14,394 (+121%), from €11,913 to €26,307
of which Other amounts receivable: +€11,073
- Cash +€5,874
up €5,874 (+11.6%), from €50,513 to €56,386
mainly Depreciation (+€16,418) and Net result for the year (+€13,017)
- Debts after one year -€13,323
down €13,323 (-41.7%), from €31,918 to €18,595
- Reserves +€11,351
up €11,351 (+26.1%), from €43,485 to €54,836
- Trade debts +€10,106
up €10,106 (+229%), from €4,418 to €14,524
- Other debts -€4,329
down €4,329 (-72.2%), from €5,995 to €1,666
- Tax, wage and social debts +€2,068
up €2,068 (+11.8%), from €17,550 to €19,618
of which Taxes: +€1,891
- Gross operating margin +€10,146
up €10,146 (+14.8%), from €68,728 to €78,874
- Write-downs -€9,691
no longer reported in 2025 (was €9,691)
- Taxes +€4,779
up €4,779 (+261%), from €1,831 to €6,610
- Financial income -€1,168
down €1,168 (-83.6%), from €1,398 to €229
- Staff costs +€1,008
up €1,008 (+2.7%), from €37,009 to €38,017
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 | €118,639 | €123,062 | +€4,423 | +3.7% |
| Fixed assets | 21/28 | €54,554 | €38,961 | -€15,592 | -28.6% |
| Tangible fixed assets | 22/27 | €54,276 | €38,683 | -€15,592 | -28.7% |
| Plant, machinery and equipment | 23 | - | €759 | +€759 | |
| Furniture and vehicles | 24 | €54,276 | €37,924 | -€16,351 | -30.1% |
| Financial fixed assets | 28 | €278 | €278 | = | 0.0% |
| Current assets | 29/58 | €64,086 | €84,100 | +€20,015 | +31.2% |
| Amounts receivable within one year | 40/41 | €11,913 | €26,307 | +€14,394 | +121% |
| Trade receivables | 40 | €6,913 | €10,234 | +€3,322 | +48.1% |
| Other amounts receivable | 41 | €5,000 | €16,073 | +€11,073 | +221% |
| Cash at bank and in hand | 54/58 | €50,513 | €56,386 | +€5,874 | +11.6% |
| Deferred charges and accrued income | 490/1 | €1,660 | €1,407 | -€253 | -15.2% |
| Total equity and liabilities | 10/49 | €118,639 | €123,062 | +€4,423 | +3.7% |
| Equity | 10/15 | €43,985 | €55,336 | +€11,351 | +25.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €43,485 | €54,836 | +€11,351 | +26.1% |
| Distributable reserves | 133 | €43,485 | €54,836 | +€11,351 | +26.1% |
| Amounts payable | 17/49 | €74,654 | €67,726 | -€6,929 | -9.3% |
| Amounts payable after more than one year | 17 | €31,918 | €18,595 | -€13,323 | -41.7% |
| Financial debts | 170/4 | €31,918 | €18,595 | -€13,323 | -41.7% |
| Amounts payable within one year | 42/48 | €40,775 | €49,131 | +€8,356 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €12,812 | €13,323 | +€511 | +4.0% |
| Trade debts | 44 | €4,418 | €14,524 | +€10,106 | +229% |
| Suppliers | 440/4 | €4,418 | €14,524 | +€10,106 | +229% |
| Taxes, remuneration and social security | 45 | €17,550 | €19,618 | +€2,068 | +11.8% |
| Taxes | 450/3 | €12,224 | €14,114 | +€1,891 | +15.5% |
| Remuneration and social security | 454/9 | €5,326 | €5,504 | +€178 | +3.3% |
| Other amounts payable | 47/48 | €5,995 | €1,666 | -€4,329 | -72.2% |
| Accrued charges and deferred income | 492/3 | €1,962 | - | -€1,962 | |
| Remuneration, social security and pensions | 62 | €37,009 | €38,017 | +€1,008 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,185 | €16,418 | +€233 | +1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,691 | - | -€9,691 | |
| Other operating charges | 640/8 | €879 | €832 | -€47 | -5.4% |
| Gross operating margin | 9900 | €68,728 | €78,874 | +€10,146 | +14.8% |
| Operating profit (loss) | 9901 | €4,963 | €23,607 | +€18,644 | +376% |
| Financial income | 75/76B | €1,398 | €229 | -€1,168 | -83.6% |
| Recurring financial income | 75 | €1,398 | €229 | -€1,168 | -83.6% |
| Financial charges | 65/66B | €3,967 | €4,209 | +€242 | +6.1% |
| Recurring financial charges | 65 | €3,967 | €4,209 | +€242 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €2,394 | €19,627 | +€17,233 | +720% |
| Income taxes | 67/77 | €1,831 | €6,610 | +€4,779 | +261% |
| Profit (loss) for the period | 9904 | €563 | €13,017 | +€12,454 | +2,213% |
| Profit (loss) for the period to be appropriated | 9905 | €563 | €13,017 | +€12,454 | +2,213% |
Source: filed annual accounts (NBB), financial 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 November 2026 via checked.be.