AQUAMIROIR: 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.
AQUAMIROIR
Largest movements
- Stocks and contracts -€9,083
down €9,083 (-9.1%), from €99,747 to €90,663
- Tangible fixed assets +€6,717
up €6,717 (+83.5%), from €8,040 to €14,756
of which Furniture and vehicles: +€13,179
- Cash -€4,939
down €4,939 (-75.4%), from €6,548 to €1,609
mainly Net result for the year (-€16,029) and Investment in fixed assets (net) (-€14,448)
- Intangible fixed assets -€3,500
down €3,500 (-100%), from €3,500 to €0
- Deferred charges and accrued income -€1,364
down €1,364 (-100%), from €1,364 to €0
- Profit (loss) carried forward -€19,025
down €19,025, from €202 to -€18,823
- Other debts +€9,267
up €9,267 (+51.7%), from €17,921 to €27,187
- Accrued charges and deferred income +€3,860
up €3,860 (+31.7%), from €12,169 to €16,029
- Trade debts -€3,633
down €3,633 (-12.9%), from €28,057 to €24,424
- Current portion of long-term debt -€3,461
down €3,461 (-100%), from €3,461 to €0
- Staff costs +€17,210
up €17,210 (+102%), from €16,945 to €34,155
- Gross operating margin -€10,084
down €10,084 (-23.6%), from €42,694 to €32,610
- Other operating charges -€3,980
down €3,980 (-85.3%), from €4,668 to €688
- Financial charges -€2,055
down €2,055 (-47.4%), from €4,340 to €2,285
- Taxes -€1,308
down €1,308 (-85.1%), from €1,538 to €230
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 | €124,326 | €112,372 | -€11,954 | -9.6% |
| Fixed assets | 21/28 | €11,540 | €14,756 | +€3,217 | +27.9% |
| Intangible fixed assets | 21 | €3,500 | €0 | -€3,500 | -100% |
| Tangible fixed assets | 22/27 | €8,040 | €14,756 | +€6,717 | +83.5% |
| Plant, machinery and equipment | 23 | €984 | €276 | -€708 | -72.0% |
| Furniture and vehicles | 24 | €1,301 | €14,480 | +€13,179 | +1,013% |
| Other tangible fixed assets | 26 | €5,754 | €0 | -€5,754 | -100.0% |
| Current assets | 29/58 | €112,786 | €97,616 | -€15,170 | -13.5% |
| Stocks and contracts in progress | 3 | €99,747 | €90,663 | -€9,083 | -9.1% |
| Stocks | 30/36 | €99,747 | €90,663 | -€9,083 | -9.1% |
| Amounts receivable within one year | 40/41 | €5,128 | €5,343 | +€216 | +4.2% |
| Trade receivables | 40 | €5,128 | €5,343 | +€216 | +4.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,548 | €1,609 | -€4,939 | -75.4% |
| Deferred charges and accrued income | 490/1 | €1,364 | €0 | -€1,364 | -100% |
| Total equity and liabilities | 10/49 | €124,326 | €112,372 | -€11,954 | -9.6% |
| Equity | 10/15 | €22,016 | €2,991 | -€19,025 | -86.4% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €1,983 | €1,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | €202 | -€18,823 | -€19,025 | |
| Amounts payable | 17/49 | €102,309 | €109,380 | +€7,071 | +6.9% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €70,141 | €73,352 | +€3,211 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €3,461 | €0 | -€3,461 | -100% |
| Trade debts | 44 | €28,057 | €24,424 | -€3,633 | -12.9% |
| Suppliers | 440/4 | €28,057 | €24,424 | -€3,633 | -12.9% |
| Advances received on contracts in progress | 46 | - | €2,561 | +€2,561 | |
| Taxes, remuneration and social security | 45 | €20,702 | €19,179 | -€1,522 | -7.4% |
| Taxes | 450/3 | €17,847 | €12,369 | -€5,478 | -30.7% |
| Remuneration and social security | 454/9 | €2,855 | €6,811 | +€3,956 | +139% |
| Other amounts payable | 47/48 | €17,921 | €27,187 | +€9,267 | +51.7% |
| Accrued charges and deferred income | 492/3 | €12,169 | €16,029 | +€3,860 | +31.7% |
| Non-recurring operating income | 76A | - | €1,200 | +€1,200 | |
| Remuneration, social security and pensions | 62 | €16,945 | €34,155 | +€17,210 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,622 | €11,231 | +€610 | +5.7% |
| Other operating charges | 640/8 | €4,668 | €688 | -€3,980 | -85.3% |
| Non-recurring operating charges | 66A | - | €1,200 | +€1,200 | |
| Gross operating margin | 9900 | €42,694 | €32,610 | -€10,084 | -23.6% |
| Operating profit (loss) | 9901 | €10,459 | -€14,665 | -€25,123 | |
| Financial income | 75/76B | €910 | €1,150 | +€240 | +26.4% |
| Recurring financial income | 75 | €910 | €1,150 | +€240 | +26.4% |
| Financial charges | 65/66B | €4,340 | €2,285 | -€2,055 | -47.4% |
| Recurring financial charges | 65 | €4,340 | €2,285 | -€2,055 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €7,028 | -€15,799 | -€22,828 | |
| Income taxes | 67/77 | €1,538 | €230 | -€1,308 | -85.1% |
| Profit (loss) for the period | 9904 | €5,490 | -€16,029 | -€21,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,490 | -€16,029 | -€21,519 |
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 19 October 2026 via checked.be.