Aquarius: 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.
Aquarius
Largest movements
- Cash +€256,606
up €256,606 (+371.2%), from €69,137 to €325,743
mainly Net result for the year (+€213,399) and Receivables within one year (+€97,181)
- Financial fixed assets -€138,000
down €138,000 (-57.5%), from €239,854 to €101,854
- Receivables within one year -€97,181
down €97,181 (-50.2%), from €193,748 to €96,567
of which Other amounts receivable: -€78,130
- Tangible fixed assets +€91,780
up €91,780 (+264.6%), from €34,684 to €126,464
of which Furniture and vehicles: +€95,879
- Trade debts +€58,528
up €58,528 (+161.7%), from €36,203 to €94,731
- Other debts +€54,986
up €54,986 (+36.2%), from €151,833 to €206,819
- Reserves +€13,399
up €13,399 (+4.1%), from €328,814 to €342,213
- Tax, wage and social debts -€12,615
down €12,615 (-82.0%), from €15,381 to €2,766
- Financial income -€48,200
down €48,200 (-23.8%), from €202,760 to €154,560
- Gross operating margin -€23,722
down €23,722 (-17.7%), from €134,010 to €110,288
- Financial charges -€10,163
down €10,163 (-93.4%), from €10,883 to €720
- Depreciation +€9,843
up €9,843 (+75.8%), from €12,987 to €22,830
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 | €538,431 | €652,729 | +€114,298 | +21.2% |
| Fixed assets | 21/28 | €274,538 | €228,318 | -€46,220 | -16.8% |
| Tangible fixed assets | 22/27 | €34,684 | €126,464 | +€91,780 | +264.6% |
| Land and buildings | 22 | €20,112 | €16,918 | -€3,195 | -15.9% |
| Plant, machinery and equipment | 23 | €2,638 | €1,733 | -€904 | -34.3% |
| Furniture and vehicles | 24 | €11,934 | €107,813 | +€95,879 | +803.4% |
| Financial fixed assets | 28 | €239,854 | €101,854 | -€138,000 | -57.5% |
| Current assets | 29/58 | €263,893 | €424,411 | +€160,518 | +60.8% |
| Amounts receivable within one year | 40/41 | €193,748 | €96,567 | -€97,181 | -50.2% |
| Trade receivables | 40 | €35,718 | €16,667 | -€19,051 | -53.3% |
| Other amounts receivable | 41 | €158,030 | €79,900 | -€78,130 | -49.4% |
| Cash at bank and in hand | 54/58 | €69,137 | €325,743 | +€256,606 | +371.2% |
| Deferred charges and accrued income | 490/1 | €1,008 | €2,101 | +€1,093 | +108.4% |
| Total equity and liabilities | 10/49 | €538,431 | €652,729 | +€114,298 | +21.2% |
| Equity | 10/15 | €335,014 | €348,413 | +€13,399 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €328,814 | €342,213 | +€13,399 | +4.1% |
| Distributable reserves | 133 | €328,814 | €342,213 | +€13,399 | +4.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €203,417 | €304,316 | +€100,899 | +49.6% |
| Amounts payable within one year | 42/48 | €203,417 | €304,316 | +€100,899 | +49.6% |
| Trade debts | 44 | €36,203 | €94,731 | +€58,528 | +161.7% |
| Suppliers | 440/4 | €36,203 | €94,731 | +€58,528 | +161.7% |
| Taxes, remuneration and social security | 45 | €15,381 | €2,766 | -€12,615 | -82.0% |
| Taxes | 450/3 | €15,381 | €2,766 | -€12,615 | -82.0% |
| Other amounts payable | 47/48 | €151,833 | €206,819 | +€54,986 | +36.2% |
| Non-recurring operating income | 76A | - | €8,145 | +€8,145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,987 | €22,830 | +€9,843 | +75.8% |
| Other operating charges | 640/8 | €1,676 | €1,804 | +€129 | +7.7% |
| Gross operating margin | 9900 | €134,010 | €110,288 | -€23,722 | -17.7% |
| Operating profit (loss) | 9901 | €119,347 | €85,654 | -€33,693 | -28.2% |
| Financial income | 75/76B | €202,760 | €154,560 | -€48,200 | -23.8% |
| Recurring financial income | 75 | €202,760 | €154,560 | -€48,200 | -23.8% |
| Financial charges | 65/66B | €10,883 | €720 | -€10,163 | -93.4% |
| Recurring financial charges | 65 | €10,883 | €720 | -€10,163 | -93.4% |
| Profit (loss) for the period before taxes | 9903 | €311,225 | €239,494 | -€71,731 | -23.0% |
| Income taxes | 67/77 | €27,295 | €26,096 | -€1,200 | -4.4% |
| Profit (loss) for the period | 9904 | €283,929 | €213,399 | -€70,531 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €283,929 | €213,399 | -€70,531 | -24.8% |
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 4 October 2026 via checked.be.