AQUACONFORT: 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.
AQUACONFORT
Largest movements
- Current investments +€218,752
new in 2025: €218,752
- Cash -€192,846
no longer reported in 2025 (was €192,846)
mainly Current investments (-€218,752) and Debts after one year (-€59,445)
- Stocks and contracts -€114,801
down €114,801 (-7.9%), from €1.5m to €1.3m
- Intangible fixed assets +€28,678
up €28,678 (+173%), from €16,591 to €45,268
- Tangible fixed assets -€28,044
down €28,044 (-31.1%), from €90,104 to €62,059
of which Plant, machinery and equipment: -€14,703
- Debts after one year -€59,445
down €59,445 (-44.3%), from €134,202 to €74,757
- Other debts -€41,003
down €41,003 (-18.2%), from €224,741 to €183,738
- Reserves +€25,460
up €25,460 (+1.8%), from €1.4m to €1.4m
of which Distributable reserves: +€25,460
- Trade debts -€20,892
down €20,892 (-15.9%), from €131,131 to €110,239
- Gross operating margin +€70,575
up €70,575 (+22.0%), from €321,143 to €391,718
- Staff costs -€26,122
down €26,122 (-8.4%), from €310,243 to €284,121
- Taxes +€12,542
up €12,542 (+73,907%), from €17 to €12,559
- Depreciation +€6,949
up €6,949 (+20.6%), from €33,781 to €40,729
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 | €2,078,115 | €1,989,914 | -€88,201 | -4.2% |
| Fixed assets | 21/28 | €116,819 | €120,709 | +€3,890 | +3.3% |
| Intangible fixed assets | 21 | €16,591 | €45,268 | +€28,678 | +173% |
| Tangible fixed assets | 22/27 | €90,104 | €62,059 | -€28,044 | -31.1% |
| Plant, machinery and equipment | 23 | €50,018 | €35,315 | -€14,703 | -29.4% |
| Furniture and vehicles | 24 | €40,086 | €26,745 | -€13,341 | -33.3% |
| Financial fixed assets | 28 | €10,124 | €13,381 | +€3,257 | +32.2% |
| Current assets | 29/58 | €1,961,296 | €1,869,204 | -€92,092 | -4.7% |
| Stocks and contracts in progress | 3 | €1,453,269 | €1,338,468 | -€114,801 | -7.9% |
| Stocks | 30/36 | €1,453,269 | €1,338,468 | -€114,801 | -7.9% |
| Amounts receivable within one year | 40/41 | €315,180 | €311,984 | -€3,197 | -1.0% |
| Trade receivables | 40 | €212,313 | €276,289 | +€63,975 | +30.1% |
| Other amounts receivable | 41 | €102,867 | €35,695 | -€67,172 | -65.3% |
| Current investments | 50/53 | - | €218,752 | +€218,752 | |
| Cash at bank and in hand | 54/58 | €192,846 | - | -€192,846 | |
| Total equity and liabilities | 10/49 | €2,078,115 | €1,989,914 | -€88,201 | -4.2% |
| Equity | 10/15 | €1,461,799 | €1,487,259 | +€25,460 | +1.7% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €1,399,299 | €1,424,759 | +€25,460 | +1.8% |
| Non-distributable reserves | 130/1 | €108,676 | €108,676 | = | 0.0% |
| Legal reserve | 130 | €8,676 | €8,676 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €100,000 | +€100,000 | |
| Other | 1319 | €100,000 | - | -€100,000 | |
| Distributable reserves | 133 | €1,290,623 | €1,316,083 | +€25,460 | +2.0% |
| Amounts payable | 17/49 | €616,316 | €502,655 | -€113,661 | -18.4% |
| Amounts payable after more than one year | 17 | €134,202 | €74,757 | -€59,445 | -44.3% |
| Financial debts | 170/4 | €134,202 | €74,757 | -€59,445 | -44.3% |
| Amounts payable within one year | 42/48 | €482,114 | €427,898 | -€54,216 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €69,227 | €57,004 | -€12,223 | -17.7% |
| Trade debts | 44 | €131,131 | €110,239 | -€20,892 | -15.9% |
| Suppliers | 440/4 | €131,131 | €110,239 | -€20,892 | -15.9% |
| Taxes, remuneration and social security | 45 | €57,015 | €76,917 | +€19,902 | +34.9% |
| Taxes | 450/3 | €36,223 | €61,570 | +€25,348 | +70.0% |
| Remuneration and social security | 454/9 | €20,792 | €15,346 | -€5,446 | -26.2% |
| Other amounts payable | 47/48 | €224,741 | €183,738 | -€41,003 | -18.2% |
| Remuneration, social security and pensions | 62 | €310,243 | €284,121 | -€26,122 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,781 | €40,729 | +€6,949 | +20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,084 | - | -€2,084 | |
| Other operating charges | 640/8 | €44,947 | €46,222 | +€1,275 | +2.8% |
| Gross operating margin | 9900 | €321,143 | €391,718 | +€70,575 | +22.0% |
| Operating profit (loss) | 9901 | -€69,912 | €20,645 | +€90,557 | |
| Financial income | 75/76B | €51,319 | €48,006 | -€3,313 | -6.5% |
| Recurring financial income | 75 | €48,547 | €46,487 | -€2,060 | -4.2% |
| Non-recurring financial income | 76B | €2,773 | €1,519 | -€1,253 | -45.2% |
| Financial charges | 65/66B | €27,349 | €30,632 | +€3,283 | +12.0% |
| Recurring financial charges | 65 | €27,349 | €30,632 | +€3,283 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | -€45,942 | €38,019 | +€83,961 | |
| Income taxes | 67/77 | €17 | €12,559 | +€12,542 | +73,907% |
| Profit (loss) for the period | 9904 | -€45,959 | €25,460 | +€71,419 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,959 | €25,460 | +€71,419 |
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 21 October 2026 via checked.be.