AQUAFORME: 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.
AQUAFORME
Largest movements
- Cash -€150,898
down €150,898 (-92.5%), from €163,207 to €12,309
mainly Current portion of long-term debt (-€124,691) and Net result for the year (-€16,405)
- Tangible fixed assets -€6,427
down €6,427 (-11.0%), from €58,621 to €52,193
of which Land and buildings: -€8,238
- Receivables within one year +€5,299
up €5,299 (+28.6%), from €18,512 to €23,811
of which Trade receivables: +€7,228
- Current portion of long-term debt -€124,691
down €124,691 (-92.1%), from €135,368 to €10,677
- Profit (loss) carried forward -€16,405
down €16,405 (-120.7%), from -€13,588 to -€29,992
- Trade debts +€15,729
up €15,729 (+4682.6%), from €336 to €16,065
- Other debts -€12,807
down €12,807 (-18.1%), from €70,615 to €57,807
- Debts after one year -€12,776
down €12,776 (-36.3%), from €35,160 to €22,384
of which Financial debts: -€12,776
- Gross operating margin -€81,208
down €81,208, from €80,085 to -€1,123
- Staff costs -€46,584
down €46,584 (-99.2%), from €46,952 to €368
- Financial charges -€1,306
down €1,306 (-20.2%), from €6,478 to €5,172
- Depreciation +€965
up €965 (+11.1%), from €8,673 to €9,638
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,394 | €90,617 | -€150,776 | -62.5% |
| Fixed assets | 21/28 | €59,674 | €54,497 | -€5,177 | -8.7% |
| Tangible fixed assets | 22/27 | €58,621 | €52,193 | -€6,427 | -11.0% |
| Land and buildings | 22 | €57,750 | €49,512 | -€8,238 | -14.3% |
| Plant, machinery and equipment | 23 | €871 | €2,681 | +€1,810 | +208.0% |
| Financial fixed assets | 28 | €1,054 | €2,304 | +€1,250 | +118.6% |
| Current assets | 29/58 | €181,719 | €36,120 | -€145,599 | -80.1% |
| Amounts receivable within one year | 40/41 | €18,512 | €23,811 | +€5,299 | +28.6% |
| Trade receivables | 40 | €15,347 | €22,576 | +€7,228 | +47.1% |
| Other amounts receivable | 41 | €3,165 | €1,235 | -€1,929 | -61.0% |
| Cash at bank and in hand | 54/58 | €163,207 | €12,309 | -€150,898 | -92.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €241,394 | €90,617 | -€150,776 | -62.5% |
| Equity | 10/15 | -€5,528 | -€21,932 | -€16,405 | -296.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,588 | -€29,992 | -€16,405 | -120.7% |
| Amounts payable | 17/49 | €246,921 | €112,550 | -€134,371 | -54.4% |
| Amounts payable after more than one year | 17 | €35,160 | €22,384 | -€12,776 | -36.3% |
| Financial debts | 170/4 | €35,160 | €22,384 | -€12,776 | -36.3% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €211,761 | €90,166 | -€121,595 | -57.4% |
| Current portion of amounts payable after more than one year | 42 | €135,368 | €10,677 | -€124,691 | -92.1% |
| Financial debts | 43 | €3,399 | €3,399 | = | 0.0% |
| Credit institutions | 430/8 | €3,399 | €3,399 | = | 0.0% |
| Trade debts | 44 | €336 | €16,065 | +€15,729 | +4682.6% |
| Suppliers | 440/4 | €336 | €16,065 | +€15,729 | +4682.6% |
| Taxes, remuneration and social security | 45 | €2,043 | €2,217 | +€174 | +8.5% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €2,043 | €2,217 | +€174 | +8.5% |
| Other amounts payable | 47/48 | €70,615 | €57,807 | -€12,807 | -18.1% |
| Remuneration, social security and pensions | 62 | €46,952 | €368 | -€46,584 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,673 | €9,638 | +€965 | +11.1% |
| Other operating charges | 640/8 | €495 | €103 | -€391 | -79.1% |
| Gross operating margin | 9900 | €80,085 | -€1,123 | -€81,208 | |
| Operating profit (loss) | 9901 | €23,965 | -€11,233 | -€35,198 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -77.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -77.8% |
| Financial charges | 65/66B | €6,478 | €5,172 | -€1,306 | -20.2% |
| Recurring financial charges | 65 | €6,478 | €5,172 | -€1,306 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €17,488 | -€16,405 | -€33,893 | |
| Profit (loss) for the period | 9904 | €17,488 | -€16,405 | -€33,893 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,488 | -€16,405 | -€33,893 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.