AQUASANA: 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.
AQUASANA
Largest movements
- Tangible fixed assets -€49,739
down €49,739 (-22.9%), from €217,611 to €167,872
of which Land and buildings: -€51,092
- Cash +€16,418
up €16,418 (+22.1%), from €74,331 to €90,749
mainly Net result for the year (+€100,288) and Depreciation (+€69,007)
- Intangible fixed assets -€7,143
down €7,143 (-18.8%), from €38,095 to €30,952
- Trade debts -€139,952
down €139,952 (-96.7%), from €144,747 to €4,795
- Reserves +€100,288
up €100,288 (+64.0%), from €156,807 to €257,095
- Gross operating margin +€28,255
up €28,255 (+12.3%), from €229,810 to €258,065
- Depreciation +€8,097
up €8,097 (+13.3%), from €60,910 to €69,007
- Taxes +€5,583
up €5,583 (+15.6%), from €35,694 to €41,277
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 | €335,334 | €294,755 | -€40,579 | -12.1% |
| Fixed assets | 21/28 | €255,706 | €198,824 | -€56,882 | -22.2% |
| Intangible fixed assets | 21 | €38,095 | €30,952 | -€7,143 | -18.8% |
| Tangible fixed assets | 22/27 | €217,611 | €167,872 | -€49,739 | -22.9% |
| Land and buildings | 22 | €170,489 | €119,397 | -€51,092 | -30.0% |
| Plant, machinery and equipment | 23 | €959 | €12,031 | +€11,072 | +1,154% |
| Furniture and vehicles | 24 | €46,162 | €36,443 | -€9,718 | -21.1% |
| Current assets | 29/58 | €79,628 | €95,931 | +€16,303 | +20.5% |
| Stocks and contracts in progress | 3 | €1,655 | €1,197 | -€458 | -27.7% |
| Stocks | 30/36 | €1,655 | €1,197 | -€458 | -27.7% |
| Amounts receivable within one year | 40/41 | €3,642 | €3,985 | +€343 | +9.4% |
| Other amounts receivable | 41 | €3,642 | €3,985 | +€343 | +9.4% |
| Cash at bank and in hand | 54/58 | €74,331 | €90,749 | +€16,418 | +22.1% |
| Total equity and liabilities | 10/49 | €335,334 | €294,755 | -€40,579 | -12.1% |
| Equity | 10/15 | €166,807 | €267,095 | +€100,288 | +60.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €156,807 | €257,095 | +€100,288 | +64.0% |
| Distributable reserves | 133 | €156,807 | €257,095 | +€100,288 | +64.0% |
| Amounts payable | 17/49 | €168,527 | €27,660 | -€140,867 | -83.6% |
| Amounts payable within one year | 42/48 | €168,527 | €27,660 | -€140,867 | -83.6% |
| Trade debts | 44 | €144,747 | €4,795 | -€139,952 | -96.7% |
| Suppliers | 440/4 | €144,747 | €4,795 | -€139,952 | -96.7% |
| Taxes, remuneration and social security | 45 | €22,489 | €22,646 | +€157 | +0.7% |
| Taxes | 450/3 | €15,694 | €15,641 | -€53 | -0.3% |
| Remuneration and social security | 454/9 | €6,795 | €7,005 | +€210 | +3.1% |
| Other amounts payable | 47/48 | €1,291 | €219 | -€1,072 | -83.0% |
| Remuneration, social security and pensions | 62 | €43,794 | €43,695 | -€99 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,910 | €69,007 | +€8,097 | +13.3% |
| Other operating charges | 640/8 | €4,127 | €3,903 | -€224 | -5.4% |
| Gross operating margin | 9900 | €229,810 | €258,065 | +€28,255 | +12.3% |
| Operating profit (loss) | 9901 | €120,979 | €141,461 | +€20,482 | +16.9% |
| Financial income | 75/76B | - | €343 | +€343 | |
| Recurring financial income | 75 | - | €343 | +€343 | |
| Financial charges | 65/66B | €1,575 | €239 | -€1,336 | -84.8% |
| Recurring financial charges | 65 | €1,575 | €239 | -€1,336 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €119,404 | €141,565 | +€22,161 | +18.6% |
| Income taxes | 67/77 | €35,694 | €41,277 | +€5,583 | +15.6% |
| Profit (loss) for the period | 9904 | €83,710 | €100,288 | +€16,578 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,710 | €100,288 | +€16,578 | +19.8% |
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 29 October 2026 via checked.be.