AQUALOTUS: 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.
AQUALOTUS
Largest movements
- Cash +€51,946
up €51,946 (+27.0%), from €192,510 to €244,456
mainly Net result for the year (+€43,696) and Receivables within one year (+€33,673)
- Receivables within one year -€33,673
down €33,673 (-30.5%), from €110,582 to €76,908
of which Trade receivables: -€26,065
- Tangible fixed assets -€12,789
down €12,789 (-11.7%), from €108,951 to €96,162
of which Furniture and vehicles: -€12,198
- Reserves -€8,000
down €8,000 (-2.9%), from €272,500 to €264,500
- Other debts +€5,338
up €5,338 (+6.0%), from €89,326 to €94,663
- Gross operating margin +€17,153
up €17,153 (+23.1%), from €74,297 to €91,450
- Depreciation +€13,588
up €13,588 (+107.0%), from €12,693 to €26,281
- Other operating charges -€5,552
down €5,552 (-76.9%), from €7,217 to €1,665
- Taxes +€3,334
up €3,334 (+21.4%), from €15,559 to €18,892
- Financial income -€1,034
down €1,034 (-83.1%), from €1,244 to €210
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 | €419,226 | €424,746 | +€5,520 | +1.3% |
| Fixed assets | 21/28 | €108,951 | €96,162 | -€12,789 | -11.7% |
| Tangible fixed assets | 22/27 | €108,951 | €96,162 | -€12,789 | -11.7% |
| Plant, machinery and equipment | 23 | €971 | €380 | -€591 | -60.8% |
| Furniture and vehicles | 24 | €107,980 | €95,782 | -€12,198 | -11.3% |
| Current assets | 29/58 | €310,275 | €328,584 | +€18,309 | +5.9% |
| Stocks and contracts in progress | 3 | €3,747 | €3,684 | -€63 | -1.7% |
| Stocks | 30/36 | €3,747 | €3,684 | -€63 | -1.7% |
| Amounts receivable within one year | 40/41 | €110,582 | €76,908 | -€33,673 | -30.5% |
| Trade receivables | 40 | €87,055 | €60,990 | -€26,065 | -29.9% |
| Other amounts receivable | 41 | €23,527 | €15,919 | -€7,608 | -32.3% |
| Cash at bank and in hand | 54/58 | €192,510 | €244,456 | +€51,946 | +27.0% |
| Deferred charges and accrued income | 490/1 | €3,436 | €3,535 | +€100 | +2.9% |
| Total equity and liabilities | 10/49 | €419,226 | €424,746 | +€5,520 | +1.3% |
| Equity | 10/15 | €311,370 | €305,067 | -€6,304 | -2.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €272,500 | €264,500 | -€8,000 | -2.9% |
| Distributable reserves | 133 | €272,500 | €264,500 | -€8,000 | -2.9% |
| Profit (loss) carried forward | 14 | €18,410 | €20,107 | +€1,696 | +9.2% |
| Amounts payable | 17/49 | €107,855 | €119,679 | +€11,824 | +11.0% |
| Amounts payable within one year | 42/48 | €107,790 | €119,679 | +€11,890 | +11.0% |
| Trade debts | 44 | €13,854 | €17,862 | +€4,008 | +28.9% |
| Suppliers | 440/4 | €13,854 | €17,862 | +€4,008 | +28.9% |
| Taxes, remuneration and social security | 45 | €4,610 | €7,153 | +€2,544 | +55.2% |
| Taxes | 450/3 | €1,800 | €4,344 | +€2,544 | +141.3% |
| Remuneration and social security | 454/9 | €2,810 | €2,810 | = | 0.0% |
| Other amounts payable | 47/48 | €89,326 | €94,663 | +€5,338 | +6.0% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Non-recurring operating income | 76A | €1,913 | - | -€1,913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,693 | €26,281 | +€13,588 | +107.0% |
| Other operating charges | 640/8 | €7,217 | €1,665 | -€5,552 | -76.9% |
| Gross operating margin | 9900 | €74,297 | €91,450 | +€17,153 | +23.1% |
| Operating profit (loss) | 9901 | €54,387 | €63,505 | +€9,117 | +16.8% |
| Financial income | 75/76B | €1,244 | €210 | -€1,034 | -83.1% |
| Recurring financial income | 75 | €1,244 | €210 | -€1,034 | -83.1% |
| Financial charges | 65/66B | €1,169 | €1,126 | -€43 | -3.7% |
| Recurring financial charges | 65 | €1,169 | €1,126 | -€43 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €54,462 | €62,589 | +€8,126 | +14.9% |
| Income taxes | 67/77 | €15,559 | €18,892 | +€3,334 | +21.4% |
| Profit (loss) for the period | 9904 | €38,904 | €43,696 | +€4,793 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,904 | €43,696 | +€4,793 | +12.3% |
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 8 October 2026 via checked.be.