AquaS: 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.
AquaS
Largest movements
- Receivables after one year +€84,000
up €84,000 (+144%), from €58,500 to €142,500
of which Other amounts receivable: +€44,000
- Receivables within one year +€22,882
up €22,882 (+5,332%), from €429 to €23,312
of which Trade receivables: +€19,004
- Profit (loss) carried forward +€157,339
up €157,339 (+93.4%), from €168,457 to €325,796
- Debts after one year -€44,000
down €44,000 (-12.9%), from €340,000 to €296,000
- Financial income +€49,986
up €49,986 (+166%), from €30,043 to €80,029
- Gross operating margin -€14,444
down €14,444 (-11.6%), from €124,326 to €109,883
- Financial charges +€9,084
up €9,084 (+480%), from €1,891 to €10,975
- Taxes -€5,378
down €5,378 (-20.6%), from €26,071 to €20,692
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 | €526,058 | €641,145 | +€115,087 | +21.9% |
| Fixed assets | 21/28 | €347,071 | €351,165 | +€4,094 | +1.2% |
| Tangible fixed assets | 22/27 | €2,071 | €1,165 | -€906 | -43.7% |
| Furniture and vehicles | 24 | €2,071 | €1,165 | -€906 | -43.7% |
| Financial fixed assets | 28 | €345,000 | €350,000 | +€5,000 | +1.4% |
| Current assets | 29/58 | €178,987 | €289,980 | +€110,993 | +62.0% |
| Amounts receivable after more than one year | 29 | €58,500 | €142,500 | +€84,000 | +144% |
| Trade receivables | 290 | - | €40,000 | +€40,000 | |
| Other amounts receivable | 291 | €58,500 | €102,500 | +€44,000 | +75.2% |
| Amounts receivable within one year | 40/41 | €429 | €23,312 | +€22,882 | +5,332% |
| Trade receivables | 40 | - | €19,004 | +€19,004 | |
| Other amounts receivable | 41 | €429 | €4,308 | +€3,879 | +904% |
| Cash at bank and in hand | 54/58 | €120,058 | €124,168 | +€4,111 | +3.4% |
| Total equity and liabilities | 10/49 | €526,058 | €641,145 | +€115,087 | +21.9% |
| Equity | 10/15 | €170,957 | €328,296 | +€157,339 | +92.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,457 | €325,796 | +€157,339 | +93.4% |
| Amounts payable | 17/49 | €355,100 | €312,848 | -€42,252 | -11.9% |
| Amounts payable after more than one year | 17 | €340,000 | €296,000 | -€44,000 | -12.9% |
| Financial debts | 170/4 | €340,000 | €296,000 | -€44,000 | -12.9% |
| Amounts payable within one year | 42/48 | €13,209 | €11,668 | -€1,541 | -11.7% |
| Trade debts | 44 | €926 | €956 | +€30 | +3.3% |
| Suppliers | 440/4 | €926 | €956 | +€30 | +3.3% |
| Taxes, remuneration and social security | 45 | €9,496 | €9,461 | -€35 | -0.4% |
| Taxes | 450/3 | €9,496 | €9,461 | -€35 | -0.4% |
| Other amounts payable | 47/48 | €2,788 | €1,251 | -€1,536 | -55.1% |
| Accrued charges and deferred income | 492/3 | €1,891 | €5,180 | +€3,289 | +174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533 | €906 | +€373 | +69.9% |
| Gross operating margin | 9900 | €124,326 | €109,883 | -€14,444 | -11.6% |
| Operating profit (loss) | 9901 | €123,793 | €108,977 | -€14,816 | -12.0% |
| Financial income | 75/76B | €30,043 | €80,029 | +€49,986 | +166% |
| Recurring financial income | 75 | €30,043 | €80,029 | +€49,986 | +166% |
| Financial charges | 65/66B | €1,891 | €10,975 | +€9,084 | +480% |
| Recurring financial charges | 65 | €1,891 | €10,975 | +€9,084 | +480% |
| Profit (loss) for the period before taxes | 9903 | €151,945 | €178,031 | +€26,086 | +17.2% |
| Income taxes | 67/77 | €26,071 | €20,692 | -€5,378 | -20.6% |
| Profit (loss) for the period | 9904 | €125,875 | €157,339 | +€31,464 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €125,875 | €157,339 | +€31,464 | +25.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.