Aquafarm: 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.
Aquafarm
Largest movements
- Cash -€72,715
down €72,715 (-39.7%), from €183,228 to €110,513
mainly Other debts (-€92,787) and Accrued charges and deferred income (-€5,101)
- Receivables within one year -€7,634
down €7,634 (-5.5%), from €139,495 to €131,861
of which Trade receivables: -€32,582
- Tangible fixed assets -€6,640
down €6,640 (-44.1%), from €15,057 to €8,417
of which Leasing and similar rights: -€4,529
- Other debts -€92,787
down €92,787 (-97.7%), from €94,928 to €2,141
- Profit (loss) carried forward +€15,570
up €15,570 (+34.5%), from -€45,196 to -€29,626
- Accrued charges and deferred income -€5,101
down €5,101 (-69.6%), from €7,329 to €2,228
- Write-downs -€106,125
down €106,125, from €30,462 to -€75,663
- Gross operating margin -€98,647
down €98,647 (-74.1%), from €133,057 to €34,409
- Other operating charges +€42,836
up €42,836 (+108.2%), from €39,602 to €82,438
- Staff costs -€22,329
down €22,329 (-100.0%), from €22,329 to €0
- Financial charges -€2,816
down €2,816 (-87.2%), from €3,228 to €412
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 | €482,844 | €395,031 | -€87,814 | -18.2% |
| Fixed assets | 21/28 | €15,057 | €8,417 | -€6,640 | -44.1% |
| Tangible fixed assets | 22/27 | €15,057 | €8,417 | -€6,640 | -44.1% |
| Land and buildings | 22 | €659 | €622 | -€37 | -5.6% |
| Plant, machinery and equipment | 23 | €2,849 | €2,276 | -€574 | -20.1% |
| Furniture and vehicles | 24 | €3,981 | €2,481 | -€1,500 | -37.7% |
| Leasing and similar rights | 25 | €7,567 | €3,038 | -€4,529 | -59.9% |
| Current assets | 29/58 | €467,787 | €386,614 | -€81,174 | -17.4% |
| Stocks and contracts in progress | 3 | €115,400 | €119,200 | +€3,800 | +3.3% |
| Stocks | 30/36 | €115,400 | €119,200 | +€3,800 | +3.3% |
| Amounts receivable within one year | 40/41 | €139,495 | €131,861 | -€7,634 | -5.5% |
| Trade receivables | 40 | €139,495 | €106,913 | -€32,582 | -23.4% |
| Other amounts receivable | 41 | €0 | €24,949 | +€24,949 | |
| Cash at bank and in hand | 54/58 | €183,228 | €110,513 | -€72,715 | -39.7% |
| Deferred charges and accrued income | 490/1 | €29,664 | €25,039 | -€4,625 | -15.6% |
| Total equity and liabilities | 10/49 | €482,844 | €395,031 | -€87,814 | -18.2% |
| Equity | 10/15 | €318,583 | €334,154 | +€15,570 | +4.9% |
| Contributions | 10/11 | €362,000 | €362,000 | = | 0.0% |
| Capital | 10 | €362,000 | €362,000 | = | 0.0% |
| Issued capital | 100 | €362,000 | €362,000 | = | 0.0% |
| Reserves | 13 | €1,779 | €1,779 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,779 | €1,779 | = | 0.0% |
| Legal reserve | 130 | €1,779 | €1,779 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,196 | -€29,626 | +€15,570 | +34.5% |
| Amounts payable | 17/49 | €164,261 | €60,877 | -€103,384 | -62.9% |
| Amounts payable after more than one year | 17 | €3,215 | €0 | -€3,215 | -100.0% |
| Financial debts | 170/4 | €3,215 | €0 | -€3,215 | -100.0% |
| Amounts payable within one year | 42/48 | €153,718 | €58,649 | -€95,068 | -61.8% |
| Current portion of amounts payable after more than one year | 42 | €4,319 | €3,215 | -€1,104 | -25.6% |
| Trade debts | 44 | €48,266 | €47,455 | -€811 | -1.7% |
| Suppliers | 440/4 | €48,266 | €47,455 | -€811 | -1.7% |
| Taxes, remuneration and social security | 45 | €6,205 | €5,839 | -€366 | -5.9% |
| Taxes | 450/3 | €6,181 | €5,839 | -€342 | -5.5% |
| Remuneration and social security | 454/9 | €24 | €0 | -€24 | -100.0% |
| Other amounts payable | 47/48 | €94,928 | €2,141 | -€92,787 | -97.7% |
| Accrued charges and deferred income | 492/3 | €7,329 | €2,228 | -€5,101 | -69.6% |
| Remuneration, social security and pensions | 62 | €22,329 | €0 | -€22,329 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,193 | €6,640 | -€1,553 | -19.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,462 | -€75,663 | -€106,125 | |
| Other operating charges | 640/8 | €39,602 | €82,438 | +€42,836 | +108.2% |
| Gross operating margin | 9900 | €133,057 | €34,409 | -€98,647 | -74.1% |
| Operating profit (loss) | 9901 | €32,471 | €20,995 | -€11,477 | -35.3% |
| Financial income | 75/76B | €973 | €969 | -€4 | -0.5% |
| Recurring financial income | 75 | €973 | €969 | -€4 | -0.5% |
| Financial charges | 65/66B | €3,228 | €412 | -€2,816 | -87.2% |
| Recurring financial charges | 65 | €3,228 | €412 | -€2,816 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | €30,217 | €21,551 | -€8,665 | -28.7% |
| Income taxes | 67/77 | €8,135 | €5,981 | -€2,154 | -26.5% |
| Profit (loss) for the period | 9904 | €22,082 | €15,570 | -€6,511 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,082 | €15,570 | -€6,511 | -29.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.