Aquamatters: 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.
Aquamatters
Largest movements
- Cash +€8,783
up €8,783 (+19.2%), from €45,636 to €54,419
mainly Other debts (+€60,177) and Net result for the year (+€15,133)
- Deferred charges and accrued income +€2,750
new in 2025: €2,750
- Receivables within one year -€1,457
down €1,457 (-24.1%), from €6,044 to €4,587
of which Trade receivables: -€950
- Tangible fixed assets +€1,180
up €1,180 (+7.5%), from €15,697 to €16,876
of which Other tangible fixed assets: +€5,799
- Reserves -€60,407
down €60,407 (-99.8%), from €60,540 to €133
- Other debts +€60,177
up €60,177 (+3,228%), from €1,865 to €62,042
- Tax, wage and social debts +€9,423
up €9,423 (+494%), from €1,908 to €11,331
- Trade debts +€2,063
up €2,063 (+170%), from €1,213 to €3,277
- Gross operating margin -€25,437
down €25,437 (-49.9%), from €50,945 to €25,508
- Taxes -€5,688
down €5,688 (-57.4%), from €9,911 to €4,223
- Depreciation +€2,781
up €2,781 (+111%), from €2,506 to €5,287
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 | €67,527 | €78,782 | +€11,256 | +16.7% |
| Fixed assets | 21/28 | €15,847 | €17,026 | +€1,180 | +7.4% |
| Tangible fixed assets | 22/27 | €15,697 | €16,876 | +€1,180 | +7.5% |
| Plant, machinery and equipment | 23 | €1,346 | €636 | -€710 | -52.7% |
| Furniture and vehicles | 24 | €10,716 | €6,807 | -€3,909 | -36.5% |
| Other tangible fixed assets | 26 | €3,634 | €9,433 | +€5,799 | +160% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €51,680 | €61,756 | +€10,076 | +19.5% |
| Amounts receivable within one year | 40/41 | €6,044 | €4,587 | -€1,457 | -24.1% |
| Trade receivables | 40 | €4,950 | €4,000 | -€950 | -19.2% |
| Other amounts receivable | 41 | €1,094 | €587 | -€507 | -46.3% |
| Cash at bank and in hand | 54/58 | €45,636 | €54,419 | +€8,783 | +19.2% |
| Deferred charges and accrued income | 490/1 | - | €2,750 | +€2,750 | |
| Total equity and liabilities | 10/49 | €67,527 | €78,782 | +€11,256 | +16.7% |
| Equity | 10/15 | €62,540 | €2,133 | -€60,407 | -96.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €60,540 | €133 | -€60,407 | -99.8% |
| Distributable reserves | 133 | €60,540 | €133 | -€60,407 | -99.8% |
| Amounts payable | 17/49 | €4,986 | €76,650 | +€71,663 | +1,437% |
| Amounts payable within one year | 42/48 | €4,986 | €76,650 | +€71,663 | +1,437% |
| Trade debts | 44 | €1,213 | €3,277 | +€2,063 | +170% |
| Suppliers | 440/4 | €1,213 | €3,277 | +€2,063 | +170% |
| Taxes, remuneration and social security | 45 | €1,908 | €11,331 | +€9,423 | +494% |
| Taxes | 450/3 | €1,908 | €11,331 | +€9,423 | +494% |
| Other amounts payable | 47/48 | €1,865 | €62,042 | +€60,177 | +3,228% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,506 | €5,287 | +€2,781 | +111% |
| Other operating charges | 640/8 | €322 | €689 | +€367 | +114% |
| Gross operating margin | 9900 | €50,945 | €25,508 | -€25,437 | -49.9% |
| Operating profit (loss) | 9901 | €48,117 | €19,533 | -€28,585 | -59.4% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €510 | €277 | -€233 | -45.7% |
| Recurring financial charges | 65 | €510 | €277 | -€233 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €47,607 | €19,356 | -€28,252 | -59.3% |
| Income taxes | 67/77 | €9,911 | €4,223 | -€5,688 | -57.4% |
| Profit (loss) for the period | 9904 | €37,696 | €15,133 | -€22,564 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,696 | €15,133 | -€22,564 | -59.9% |
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 18 October 2026 via checked.be.