AQUACHAUFFE: 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.
AQUACHAUFFE
Largest movements
- Receivables within one year -€387,607
down €387,607 (-66.8%), from €579,915 to €192,309
of which Other amounts receivable: -€318,873
- Tangible fixed assets -€134,434
down €134,434 (-61.4%), from €218,993 to €84,558
of which Land and buildings: -€145,193
- Cash +€31,450
up €31,450 (+617%), from €5,100 to €36,550
mainly Receivables within one year (+€387,607) and Investment in fixed assets (net) (+€116,500)
- Other debts -€370,400
down €370,400 (-99.8%), from €371,071 to €671
- Trade debts -€99,529
down €99,529 (-65.4%), from €152,100 to €52,571
- Profit (loss) carried forward +€64,952
up €64,952 (+277%), from €23,421 to €88,373
- Debts after one year -€64,584
down €64,584 (-51.2%), from €126,259 to €61,675
- Short-term financial debts -€20,335
no longer reported in 2025 (was €20,335)
- Staff costs +€13,466
up €13,466 (+27.2%), from €49,419 to €62,885
- Depreciation -€10,630
down €10,630 (-37.2%), from €28,565 to €17,935
- Taxes +€5,047
up €5,047 (+24.7%), from €20,458 to €25,505
- Gross operating margin +€3,526
up €3,526 (+1.9%), from €180,861 to €184,387
- Other operating charges -€2,492
down €2,492 (-27.3%), from €9,144 to €6,652
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 | €809,030 | €318,113 | -€490,916 | -60.7% |
| Fixed assets | 21/28 | €218,993 | €84,558 | -€134,434 | -61.4% |
| Tangible fixed assets | 22/27 | €218,993 | €84,558 | -€134,434 | -61.4% |
| Land and buildings | 22 | €145,193 | - | -€145,193 | |
| Furniture and vehicles | 24 | €4,432 | €2,310 | -€2,122 | -47.9% |
| Leasing and similar rights | 25 | €69,367 | €82,248 | +€12,882 | +18.6% |
| Current assets | 29/58 | €590,037 | €233,555 | -€356,482 | -60.4% |
| Stocks and contracts in progress | 3 | €330 | €330 | = | 0.0% |
| Stocks | 30/36 | €330 | €330 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €579,915 | €192,309 | -€387,607 | -66.8% |
| Trade receivables | 40 | €156,337 | €87,603 | -€68,734 | -44.0% |
| Other amounts receivable | 41 | €423,578 | €104,705 | -€318,873 | -75.3% |
| Cash at bank and in hand | 54/58 | €5,100 | €36,550 | +€31,450 | +617% |
| Deferred charges and accrued income | 490/1 | €4,692 | €4,367 | -€325 | -6.9% |
| Total equity and liabilities | 10/49 | €809,030 | €318,113 | -€490,916 | -60.7% |
| Equity | 10/15 | €52,036 | €116,988 | +€64,952 | +125% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,421 | €88,373 | +€64,952 | +277% |
| Investment grants | 15 | €8,164 | €8,164 | = | 0.0% |
| Provisions and deferred taxes | 16 | €6,509 | €6,509 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,509 | €6,509 | = | 0.0% |
| Pensions and similar obligations | 160 | €6,509 | €6,509 | = | 0.0% |
| Amounts payable | 17/49 | €750,485 | €194,617 | -€555,868 | -74.1% |
| Amounts payable after more than one year | 17 | €126,259 | €61,675 | -€64,584 | -51.2% |
| Financial debts | 170/4 | €126,259 | €61,675 | -€64,584 | -51.2% |
| Amounts payable within one year | 42/48 | €624,226 | €132,942 | -€491,284 | -78.7% |
| Current portion of amounts payable after more than one year | 42 | €37,085 | €25,288 | -€11,797 | -31.8% |
| Financial debts | 43 | €20,335 | - | -€20,335 | |
| Credit institutions | 430/8 | €20,335 | - | -€20,335 | |
| Trade debts | 44 | €152,100 | €52,571 | -€99,529 | -65.4% |
| Suppliers | 440/4 | €152,100 | €52,571 | -€99,529 | -65.4% |
| Taxes, remuneration and social security | 45 | €43,636 | €54,412 | +€10,776 | +24.7% |
| Taxes | 450/3 | €35,240 | €39,271 | +€4,031 | +11.4% |
| Remuneration and social security | 454/9 | €8,396 | €15,141 | +€6,745 | +80.3% |
| Other amounts payable | 47/48 | €371,071 | €671 | -€370,400 | -99.8% |
| Remuneration, social security and pensions | 62 | €49,419 | €62,885 | +€13,466 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,565 | €17,935 | -€10,630 | -37.2% |
| Other operating charges | 640/8 | €9,144 | €6,652 | -€2,492 | -27.3% |
| Non-recurring operating charges | 66A | - | €523 | +€523 | |
| Gross operating margin | 9900 | €180,861 | €184,387 | +€3,526 | +1.9% |
| Operating profit (loss) | 9901 | €93,733 | €96,392 | +€2,659 | +2.8% |
| Financial income | 75/76B | €150 | €41 | -€110 | -73.0% |
| Recurring financial income | 75 | €150 | €41 | -€110 | -73.0% |
| Financial charges | 65/66B | €5,759 | €5,977 | +€218 | +3.8% |
| Recurring financial charges | 65 | €5,759 | €5,977 | +€218 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €88,124 | €90,456 | +€2,332 | +2.6% |
| Income taxes | 67/77 | €20,458 | €25,505 | +€5,047 | +24.7% |
| Profit (loss) for the period | 9904 | €67,667 | €64,952 | -€2,715 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,667 | €64,952 | -€2,715 | -4.0% |
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 24 October 2026 via checked.be.