AQUADETECT: 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.
AQUADETECT
Largest movements
- Receivables within one year -€63,122
down €63,122 (-42.3%), from €149,214 to €86,092
of which Trade receivables: -€69,036
- Cash +€34,695
up €34,695 (+11.4%), from €303,393 to €338,088
mainly Trade debts (+€87,140) and Receivables within one year (+€63,122)
- Tangible fixed assets -€14,480
down €14,480 (-44.2%), from €32,796 to €18,316
of which Plant, machinery and equipment: -€14,560
- Intangible fixed assets -€11,236
down €11,236 (-59.1%), from €19,014 to €7,778
- Trade debts +€87,140
up €87,140 (+151%), from €57,745 to €144,885
- Accrued charges and deferred income -€69,553
down €69,553 (-96.0%), from €72,438 to €2,885
- Tax, wage and social debts -€61,160
down €61,160 (-39.0%), from €156,786 to €95,626
of which Remuneration and social security: -€30,854
- Reserves -€8,526
down €8,526 (-2.7%), from €316,425 to €307,899
- Gross operating margin -€161,126
down €161,126 (-21.2%), from €760,488 to €599,362
- Taxes -€34,765
down €34,765 (-88.1%), from €39,466 to €4,701
- Depreciation -€20,159
down €20,159 (-41.4%), from €48,666 to €28,507
- Staff costs -€15,335
down €15,335 (-2.6%), from €587,044 to €571,709
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 | €622,923 | €570,046 | -€52,877 | -8.5% |
| Fixed assets | 21/28 | €51,810 | €26,094 | -€25,716 | -49.6% |
| Intangible fixed assets | 21 | €19,014 | €7,778 | -€11,236 | -59.1% |
| Tangible fixed assets | 22/27 | €32,796 | €18,316 | -€14,480 | -44.2% |
| Plant, machinery and equipment | 23 | €31,230 | €16,670 | -€14,560 | -46.6% |
| Furniture and vehicles | 24 | €1,566 | €1,646 | +€80 | +5.1% |
| Current assets | 29/58 | €571,113 | €543,952 | -€27,161 | -4.8% |
| Amounts receivable within one year | 40/41 | €149,214 | €86,092 | -€63,122 | -42.3% |
| Trade receivables | 40 | €147,931 | €78,895 | -€69,036 | -46.7% |
| Other amounts receivable | 41 | €1,283 | €7,197 | +€5,914 | +461% |
| Current investments | 50/53 | €102,321 | €103,104 | +€783 | +0.8% |
| Cash at bank and in hand | 54/58 | €303,393 | €338,088 | +€34,695 | +11.4% |
| Deferred charges and accrued income | 490/1 | €16,185 | €16,668 | +€483 | +3.0% |
| Total equity and liabilities | 10/49 | €622,923 | €570,046 | -€52,877 | -8.5% |
| Equity | 10/15 | €335,303 | €326,449 | -€8,854 | -2.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €316,425 | €307,899 | -€8,526 | -2.7% |
| Distributable reserves | 133 | €316,425 | €307,899 | -€8,526 | -2.7% |
| Profit (loss) carried forward | 14 | €328 | €0 | -€328 | -100% |
| Amounts payable | 17/49 | €287,620 | €243,597 | -€44,023 | -15.3% |
| Amounts payable within one year | 42/48 | €215,182 | €240,712 | +€25,530 | +11.9% |
| Trade debts | 44 | €57,745 | €144,885 | +€87,140 | +151% |
| Suppliers | 440/4 | €57,745 | €144,885 | +€87,140 | +151% |
| Advances received on contracts in progress | 46 | €425 | €201 | -€224 | -52.7% |
| Taxes, remuneration and social security | 45 | €156,786 | €95,626 | -€61,160 | -39.0% |
| Taxes | 450/3 | €63,888 | €33,582 | -€30,306 | -47.4% |
| Remuneration and social security | 454/9 | €92,898 | €62,044 | -€30,854 | -33.2% |
| Other amounts payable | 47/48 | €226 | - | -€226 | |
| Accrued charges and deferred income | 492/3 | €72,438 | €2,885 | -€69,553 | -96.0% |
| Remuneration, social security and pensions | 62 | €587,044 | €571,709 | -€15,335 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,666 | €28,507 | -€20,159 | -41.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,221 | - | +€5,221 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,250 | - | +€3,250 | |
| Other operating charges | 640/8 | €2,389 | €1,605 | -€784 | -32.8% |
| Gross operating margin | 9900 | €760,488 | €599,362 | -€161,126 | -21.2% |
| Operating profit (loss) | 9901 | €130,860 | -€2,459 | -€133,319 | |
| Financial income | 75/76B | €2,024 | €1,356 | -€668 | -33.0% |
| Recurring financial income | 75 | €2,024 | €1,356 | -€668 | -33.0% |
| Financial charges | 65/66B | €3,149 | €3,050 | -€99 | -3.1% |
| Recurring financial charges | 65 | €3,149 | €3,050 | -€99 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €129,735 | -€4,153 | -€133,888 | |
| Income taxes | 67/77 | €39,466 | €4,701 | -€34,765 | -88.1% |
| Profit (loss) for the period | 9904 | €90,269 | -€8,854 | -€99,123 | |
| Profit (loss) for the period to be appropriated | 9905 | €90,269 | -€8,854 | -€99,123 |
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 19 October 2026 via checked.be.