AQUAFLOW: 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.
AQUAFLOW
Largest movements
- Cash +€68,421
up €68,421 (+3024.5%), from €2,262 to €70,683
mainly Debts after one year (+€50,000) and Net result for the year (+€35,810)
- Stocks and contracts +€40,000
up €40,000 (+1600.0%), from €2,500 to €42,500
- Receivables within one year -€7,489
down €7,489 (-49.9%), from €15,012 to €7,523
of which Other amounts receivable: -€4,903
- Debts after one year +€50,000
new in 2025: €50,000
- Reserves +€35,810
up €35,810 (+444.1%), from €8,064 to €43,875
- Tax, wage and social debts +€11,981
up €11,981 (+617.2%), from €1,941 to €13,922
- Trade debts +€5,863
up €5,863 (+312.7%), from €1,875 to €7,738
- Other debts -€3,632
down €3,632 (-22.3%), from €16,310 to €12,678
- Gross operating margin +€45,228
up €45,228 (+401.9%), from €11,254 to €56,482
- Taxes +€11,981
up €11,981 (+617.2%), from €1,941 to €13,922
- Financial charges +€2,542
up €2,542 (+512.3%), from €496 to €3,038
- Depreciation +€1,588
up €1,588 (+221.5%), from €717 to €2,305
- Other operating charges +€806
up €806 (+2084.6%), from €39 to €845
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 | €30,690 | €132,410 | +€101,720 | +331.4% |
| Fixed assets | 21/28 | €10,146 | €11,629 | +€1,483 | +14.6% |
| Intangible fixed assets | 21 | - | €1,056 | +€1,056 | |
| Tangible fixed assets | 22/27 | €8,246 | €8,673 | +€427 | +5.2% |
| Plant, machinery and equipment | 23 | €8,246 | €6,454 | -€1,793 | -21.7% |
| Furniture and vehicles | 24 | - | €2,220 | +€2,220 | |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €20,544 | €120,781 | +€100,238 | +487.9% |
| Stocks and contracts in progress | 3 | €2,500 | €42,500 | +€40,000 | +1600.0% |
| Stocks | 30/36 | €2,500 | €42,500 | +€40,000 | +1600.0% |
| Amounts receivable within one year | 40/41 | €15,012 | €7,523 | -€7,489 | -49.9% |
| Trade receivables | 40 | €6,557 | €3,971 | -€2,586 | -39.4% |
| Other amounts receivable | 41 | €8,455 | €3,553 | -€4,903 | -58.0% |
| Cash at bank and in hand | 54/58 | €2,262 | €70,683 | +€68,421 | +3024.5% |
| Deferred charges and accrued income | 490/1 | €770 | €75 | -€695 | -90.2% |
| Total equity and liabilities | 10/49 | €30,690 | €132,410 | +€101,720 | +331.4% |
| Equity | 10/15 | €10,564 | €46,375 | +€35,810 | +339.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €8,064 | €43,875 | +€35,810 | +444.1% |
| Distributable reserves | 133 | €8,064 | €43,875 | +€35,810 | +444.1% |
| Amounts payable | 17/49 | €20,126 | €86,036 | +€65,910 | +327.5% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €20,126 | €34,338 | +€14,212 | +70.6% |
| Trade debts | 44 | €1,875 | €7,738 | +€5,863 | +312.7% |
| Suppliers | 440/4 | €1,875 | €7,738 | +€5,863 | +312.7% |
| Taxes, remuneration and social security | 45 | €1,941 | €13,922 | +€11,981 | +617.2% |
| Taxes | 450/3 | €1,941 | €13,922 | +€11,981 | +617.2% |
| Other amounts payable | 47/48 | €16,310 | €12,678 | -€3,632 | -22.3% |
| Accrued charges and deferred income | 492/3 | - | €1,698 | +€1,698 | |
| Remuneration, social security and pensions | 62 | - | €621 | +€621 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €717 | €2,305 | +€1,588 | +221.5% |
| Other operating charges | 640/8 | €39 | €845 | +€806 | +2084.6% |
| Gross operating margin | 9900 | €11,254 | €56,482 | +€45,228 | +401.9% |
| Operating profit (loss) | 9901 | €10,498 | €52,711 | +€42,213 | +402.1% |
| Financial income | 75/76B | €4 | €60 | +€56 | +1494.7% |
| Recurring financial income | 75 | €4 | €60 | +€56 | +1494.7% |
| Financial charges | 65/66B | €496 | €3,038 | +€2,542 | +512.3% |
| Recurring financial charges | 65 | €496 | €3,038 | +€2,542 | +512.3% |
| Profit (loss) for the period before taxes | 9903 | €10,006 | €49,733 | +€39,727 | +397.1% |
| Income taxes | 67/77 | €1,941 | €13,922 | +€11,981 | +617.2% |
| Profit (loss) for the period | 9904 | €8,064 | €35,810 | +€27,746 | +344.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,064 | €35,810 | +€27,746 | +344.1% |
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 7 October 2026 via checked.be.