AQUA66: what changed
What changed
AQUA66
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€2,693
2024 · €13,846-€11,153
Equity
€29,954
2024 · €28,926+€1,027
Cash
€7,617
2024 · €25,362-€17,745
Balance sheet total
€48,968
2024 · €66,032-€17,064
Largest movements
Assets
- Cash -€17,745
down €17,745 (-70.0%), from €25,362 to €7,617
mainly Other debts (-€7,696) and Investment in fixed assets (net) (-€6,044)
Equity and liabilities
- Other debts -€7,696
down €7,696 (-71.6%), from €10,746 to €3,050
- Debts after one year -€5,067
down €5,067 (-37.6%), from €13,461 to €8,394
- Tax, wage and social debts -€3,130
down €3,130 (-91.5%), from €3,422 to €292
- Trade debts -€2,372
down €2,372 (-72.3%), from €3,283 to €911
- Reserves +€1,027
up €1,027 (+4.5%), from €22,726 to €23,754
Income statement
- Gross operating margin -€10,054
down €10,054 (-45.7%), from €21,984 to €11,930
- Depreciation +€987
up €987 (+20.5%), from €4,813 to €5,800
- Other operating charges +€237
up €237 (+21.6%), from €1,097 to €1,334
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€13,846
Gross operating margin
-€10,054
Depreciation
-€987
Other operating charges
-€237
Financial income
-€17
Financial charges
+€177
Taxes
-€36
Result 2025
€2,693
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€5,142
Investment
-€6,044
Financing
-€6,559
Cash 2024
€25,362
From operations (derived)
-€5,142
Net result for the year
+€2,693
Depreciation
+€5,800
Stocks and contracts
-€534
Receivables within one year
-€121
Deferred charges and accrued income
+€218
Trade debts
-€2,372
Tax, wage and social debts
-€3,130
Other debts
-€7,696
Investment (derived)
-€6,044
Investment in fixed assets (net)
-€6,044
Financing
-€6,559
Debts after one year
-€5,067
Current portion of long-term debt
+€174
Contributions, distributions and other
-€1,666
Cash 2025
€7,617
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,032 | €48,968 | -€17,064 | -25.8% |
| Fixed assets | 21/28 | €17,010 | €17,254 | +€244 | +1.4% |
| Tangible fixed assets | 22/27 | €17,010 | €17,254 | +€244 | +1.4% |
| Furniture and vehicles | 24 | €17,010 | €17,254 | +€244 | +1.4% |
| Current assets | 29/58 | €49,022 | €31,714 | -€17,309 | -35.3% |
| Stocks and contracts in progress | 3 | €6,966 | €7,500 | +€534 | +7.7% |
| Stocks | 30/36 | €6,966 | €7,500 | +€534 | +7.7% |
| Amounts receivable within one year | 40/41 | €15,099 | €15,219 | +€121 | +0.8% |
| Trade receivables | 40 | €15,038 | €10,585 | -€4,454 | -29.6% |
| Other amounts receivable | 41 | €60 | €4,635 | +€4,574 | +7,575% |
| Cash at bank and in hand | 54/58 | €25,362 | €7,617 | -€17,745 | -70.0% |
| Deferred charges and accrued income | 490/1 | €1,595 | €1,378 | -€218 | -13.7% |
| Total equity and liabilities | 10/49 | €66,032 | €48,968 | -€17,064 | -25.8% |
| Equity | 10/15 | €28,926 | €29,954 | +€1,027 | +3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,726 | €23,754 | +€1,027 | +4.5% |
| Distributable reserves | 133 | €22,726 | €23,754 | +€1,027 | +4.5% |
| Amounts payable | 17/49 | €37,106 | €19,014 | -€18,091 | -48.8% |
| Amounts payable after more than one year | 17 | €13,461 | €8,394 | -€5,067 | -37.6% |
| Other amounts payable | 178/9 | €13,461 | €8,394 | -€5,067 | -37.6% |
| Amounts payable within one year | 42/48 | €22,344 | €9,320 | -€13,024 | -58.3% |
| Current portion of amounts payable after more than one year | 42 | €4,893 | €5,067 | +€174 | +3.6% |
| Trade debts | 44 | €3,283 | €911 | -€2,372 | -72.3% |
| Suppliers | 440/4 | €3,283 | €911 | -€2,372 | -72.3% |
| Taxes, remuneration and social security | 45 | €3,422 | €292 | -€3,130 | -91.5% |
| Taxes | 450/3 | €3,422 | €292 | -€3,130 | -91.5% |
| Other amounts payable | 47/48 | €10,746 | €3,050 | -€7,696 | -71.6% |
| Accrued charges and deferred income | 492/3 | €1,300 | €1,300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,813 | €5,800 | +€987 | +20.5% |
| Other operating charges | 640/8 | €1,097 | €1,334 | +€237 | +21.6% |
| Gross operating margin | 9900 | €21,984 | €11,930 | -€10,054 | -45.7% |
| Operating profit (loss) | 9901 | €16,074 | €4,796 | -€11,278 | -70.2% |
| Financial income | 75/76B | €46 | €30 | -€17 | -36.0% |
| Recurring financial income | 75 | €46 | €30 | -€17 | -36.0% |
| Financial charges | 65/66B | €889 | €712 | -€177 | -19.9% |
| Recurring financial charges | 65 | €889 | €712 | -€177 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €15,231 | €4,113 | -€11,117 | -73.0% |
| Income taxes | 67/77 | €1,385 | €1,420 | +€36 | +2.6% |
| Profit (loss) for the period | 9904 | €13,846 | €2,693 | -€11,153 | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,846 | €2,693 | -€11,153 | -80.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.