AQUALEXX: 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.
AQUALEXX
Largest movements
- Tangible fixed assets +€44,119
up €44,119 (+681%), from €6,480 to €50,599
of which Furniture and vehicles: +€44,160
- Cash +€10,778
up €10,778 (+673,642%), from €2 to €10,780
mainly Other debts (+€44,605) and Net result for the year (+€41,263)
- Stocks and contracts +€5,196
up €5,196 (+40.9%), from €12,700 to €17,896
- Deferred charges and accrued income -€2,081
down €2,081 (-50.9%), from €4,092 to €2,010
- Other debts +€44,605
new in 2025: €44,605
- Profit (loss) carried forward +€41,263
up €41,263 (+73.3%), from -€56,290 to -€15,028
- Tax, wage and social debts -€21,130
down €21,130 (-49.1%), from €43,045 to €21,916
of which Taxes: -€22,064
- Short-term financial debts -€14,340
no longer reported in 2025 (was €14,340)
- Debts after one year +€5,175
new in 2025: €5,175
- Gross operating margin +€122,069
up €122,069, from -€44,522 to €77,547
- Staff costs +€23,001
new in 2025: €23,001
- Depreciation +€4,688
up €4,688 (+203%), from €2,314 to €7,002
- Financial charges -€3,658
down €3,658 (-59.8%), from €6,113 to €2,455
- Taxes +€2,596
new in 2025: €2,596
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 | €61,040 | €118,049 | +€57,009 | +93.4% |
| Fixed assets | 21/28 | €8,323 | €51,849 | +€43,526 | +523% |
| Intangible fixed assets | 21 | €1,843 | €1,250 | -€593 | -32.2% |
| Tangible fixed assets | 22/27 | €6,480 | €50,599 | +€44,119 | +681% |
| Plant, machinery and equipment | 23 | €4,885 | €4,844 | -€41 | -0.8% |
| Furniture and vehicles | 24 | €1,595 | €45,755 | +€44,160 | +2,768% |
| Current assets | 29/58 | €52,717 | €66,200 | +€13,483 | +25.6% |
| Stocks and contracts in progress | 3 | €12,700 | €17,896 | +€5,196 | +40.9% |
| Stocks | 30/36 | €12,700 | €17,896 | +€5,196 | +40.9% |
| Amounts receivable within one year | 40/41 | €35,924 | €35,514 | -€410 | -1.1% |
| Trade receivables | 40 | €24,060 | €35,514 | +€11,454 | +47.6% |
| Other amounts receivable | 41 | €11,864 | - | -€11,864 | |
| Cash at bank and in hand | 54/58 | €2 | €10,780 | +€10,778 | +673,642% |
| Deferred charges and accrued income | 490/1 | €4,092 | €2,010 | -€2,081 | -50.9% |
| Total equity and liabilities | 10/49 | €61,040 | €118,049 | +€57,009 | +93.4% |
| Equity | 10/15 | -€51,290 | -€10,028 | +€41,263 | +80.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,290 | -€15,028 | +€41,263 | +73.3% |
| Amounts payable | 17/49 | €112,330 | €128,077 | +€15,747 | +14.0% |
| Amounts payable after more than one year | 17 | - | €5,175 | +€5,175 | |
| Financial debts | 170/4 | - | €5,175 | +€5,175 | |
| Amounts payable within one year | 42/48 | €112,330 | €122,902 | +€10,571 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | - | €3,958 | +€3,958 | |
| Financial debts | 43 | €14,340 | - | -€14,340 | |
| Credit institutions | 430/8 | €14,340 | - | -€14,340 | |
| Trade debts | 44 | €54,945 | €52,423 | -€2,522 | -4.6% |
| Suppliers | 440/4 | €54,945 | €52,423 | -€2,522 | -4.6% |
| Taxes, remuneration and social security | 45 | €43,045 | €21,916 | -€21,130 | -49.1% |
| Taxes | 450/3 | €43,045 | €20,981 | -€22,064 | -51.3% |
| Remuneration and social security | 454/9 | - | €935 | +€935 | |
| Other amounts payable | 47/48 | - | €44,605 | +€44,605 | |
| Non-recurring operating income | 76A | €479 | - | -€479 | |
| Remuneration, social security and pensions | 62 | - | €23,001 | +€23,001 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,314 | €7,002 | +€4,688 | +203% |
| Other operating charges | 640/8 | €1,116 | €1,264 | +€148 | +13.3% |
| Gross operating margin | 9900 | -€44,522 | €77,547 | +€122,069 | |
| Operating profit (loss) | 9901 | -€47,952 | €46,280 | +€94,232 | |
| Financial income | 75/76B | €6 | €34 | +€28 | +497% |
| Recurring financial income | 75 | €6 | €34 | +€28 | +497% |
| Financial charges | 65/66B | €6,113 | €2,455 | -€3,658 | -59.8% |
| Recurring financial charges | 65 | €6,113 | €2,455 | -€3,658 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | -€54,059 | €43,859 | +€97,918 | |
| Income taxes | 67/77 | - | €2,596 | +€2,596 | |
| Profit (loss) for the period | 9904 | -€54,059 | €41,263 | +€95,322 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,059 | €41,263 | +€95,322 |
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 29 October 2026 via checked.be.