Aquabuild: 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.
Aquabuild
Largest movements
- Cash +€60,773
up €60,773 (+201.7%), from €30,132 to €90,905
mainly Net result for the year (+€30,970) and Tax, wage and social debts (+€16,938)
- Tangible fixed assets -€2,800
down €2,800 (-23.6%), from €11,883 to €9,083
- Receivables within one year -€1,257
down €1,257 (-9.3%), from €13,576 to €12,318
of which Other amounts receivable: -€4,561
- Reserves +€30,970
up €30,970 (+134.8%), from €22,974 to €53,944
- Tax, wage and social debts +€16,938
up €16,938 (+196.6%), from €8,615 to €25,553
- Trade debts +€8,875
up €8,875 (+1876.1%), from €473 to €9,348
- Gross operating margin +€25,698
up €25,698 (+75.0%), from €34,245 to €59,943
- Other operating charges +€13,954
up €13,954 (+2458.8%), from €568 to €14,521
- Taxes +€2,999
up €2,999 (+34.8%), from €8,615 to €11,614
- Depreciation +€683
up €683 (+32.2%), from €2,117 to €2,800
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 | €56,062 | €112,846 | +€56,784 | +101.3% |
| Fixed assets | 21/28 | €11,883 | €9,083 | -€2,800 | -23.6% |
| Tangible fixed assets | 22/27 | €11,883 | €9,083 | -€2,800 | -23.6% |
| Furniture and vehicles | 24 | €11,883 | €9,083 | -€2,800 | -23.6% |
| Current assets | 29/58 | €44,179 | €103,763 | +€59,584 | +134.9% |
| Amounts receivable within one year | 40/41 | €13,576 | €12,318 | -€1,257 | -9.3% |
| Trade receivables | 40 | €8,961 | €12,265 | +€3,304 | +36.9% |
| Other amounts receivable | 41 | €4,615 | €54 | -€4,561 | -98.8% |
| Cash at bank and in hand | 54/58 | €30,132 | €90,905 | +€60,773 | +201.7% |
| Deferred charges and accrued income | 490/1 | €472 | €540 | +€68 | +14.4% |
| Total equity and liabilities | 10/49 | €56,062 | €112,846 | +€56,784 | +101.3% |
| Equity | 10/15 | €46,974 | €77,944 | +€30,970 | +65.9% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €22,974 | €53,944 | +€30,970 | +134.8% |
| Distributable reserves | 133 | €22,974 | €53,944 | +€30,970 | +134.8% |
| Amounts payable | 17/49 | €9,088 | €34,902 | +€25,813 | +284.0% |
| Amounts payable within one year | 42/48 | €9,088 | €34,902 | +€25,813 | +284.0% |
| Trade debts | 44 | €473 | €9,348 | +€8,875 | +1876.1% |
| Suppliers | 440/4 | €473 | €9,348 | +€8,875 | +1876.1% |
| Taxes, remuneration and social security | 45 | €8,615 | €25,553 | +€16,938 | +196.6% |
| Taxes | 450/3 | €8,615 | €25,553 | +€16,938 | +196.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,117 | €2,800 | +€683 | +32.2% |
| Other operating charges | 640/8 | €568 | €14,521 | +€13,954 | +2458.8% |
| Gross operating margin | 9900 | €34,245 | €59,943 | +€25,698 | +75.0% |
| Operating profit (loss) | 9901 | €31,560 | €42,621 | +€11,061 | +35.0% |
| Financial income | 75/76B | €61 | €3 | -€59 | -95.3% |
| Recurring financial income | 75 | €61 | €3 | -€59 | -95.3% |
| Financial charges | 65/66B | €33 | €40 | +€8 | +23.1% |
| Recurring financial charges | 65 | €33 | €40 | +€8 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €31,589 | €42,584 | +€10,995 | +34.8% |
| Income taxes | 67/77 | €8,615 | €11,614 | +€2,999 | +34.8% |
| Profit (loss) for the period | 9904 | €22,974 | €30,970 | +€7,996 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,974 | €30,970 | +€7,996 | +34.8% |
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 30 September 2026 via checked.be.