AQUASTRA: 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.
AQUASTRA
Largest movements
- Stocks and contracts -€39,106
down €39,106 (-16.2%), from €241,918 to €202,812
of which Contracts in progress: -€37,250
- Cash -€33,885
down €33,885 (-88.3%), from €38,360 to €4,475
mainly Net result for the year (-€114,571) and Short-term financial debts (-€100,000)
- Tangible fixed assets -€12,032
down €12,032 (-37.0%), from €32,549 to €20,517
- Deferred charges and accrued income -€6,882
down €6,882 (-69.4%), from €9,919 to €3,037
- Profit (loss) carried forward -€114,571
down €114,571 (-75.4%), from -€151,947 to -€266,518
- Short-term financial debts -€100,000
down €100,000 (-57.1%), from €175,000 to €75,000
- Debts after one year +€66,183
up €66,183 (+1,423%), from €4,650 to €70,833
- Trade debts +€40,552
up €40,552 (+21.6%), from €187,451 to €228,003
- Current portion of long-term debt +€24,070
up €24,070 (+471%), from €5,115 to €29,185
- Gross operating margin -€130,910
down €130,910 (-47.0%), from €278,277 to €147,367
- Staff costs -€25,272
down €25,272 (-10.5%), from €240,943 to €215,671
- Financial charges +€20,267
up €20,267 (+159%), from €12,762 to €33,029
- Depreciation -€4,806
down €4,806 (-28.5%), from €16,838 to €12,032
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €462,499 | €366,021 | -€96,479 | -20.9% |
| Fixed assets | 21/28 | €34,554 | €22,522 | -€12,032 | -34.8% |
| Tangible fixed assets | 22/27 | €32,549 | €20,517 | -€12,032 | -37.0% |
| Plant, machinery and equipment | 23 | €6,435 | €3,410 | -€3,025 | -47.0% |
| Furniture and vehicles | 24 | €3,508 | €2,105 | -€1,403 | -40.0% |
| Leasing and similar rights | 25 | €10,277 | €4,696 | -€5,580 | -54.3% |
| Other tangible fixed assets | 26 | €12,329 | €10,306 | -€2,023 | -16.4% |
| Financial fixed assets | 28 | €2,005 | €2,005 | = | 0.0% |
| Current assets | 29/58 | €427,945 | €343,499 | -€84,447 | -19.7% |
| Stocks and contracts in progress | 3 | €241,918 | €202,812 | -€39,106 | -16.2% |
| Stocks | 30/36 | €174,668 | €172,812 | -€1,856 | -1.1% |
| Contracts in progress | 37 | €67,250 | €30,000 | -€37,250 | -55.4% |
| Amounts receivable within one year | 40/41 | €137,749 | €133,175 | -€4,574 | -3.3% |
| Trade receivables | 40 | €107,815 | €119,205 | +€11,389 | +10.6% |
| Other amounts receivable | 41 | €29,934 | €13,970 | -€15,964 | -53.3% |
| Cash at bank and in hand | 54/58 | €38,360 | €4,475 | -€33,885 | -88.3% |
| Deferred charges and accrued income | 490/1 | €9,919 | €3,037 | -€6,882 | -69.4% |
| Total equity and liabilities | 10/49 | €462,499 | €366,021 | -€96,479 | -20.9% |
| Equity | 10/15 | €66,436 | -€48,135 | -€114,571 | |
| Contributions | 10/11 | €116,527 | €116,527 | = | 0.0% |
| Reserves | 13 | €101,857 | €101,857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,653 | - | -€11,653 | |
| Reserves not available under the articles | 1311 | €11,653 | - | -€11,653 | |
| Tax-exempt reserves | 132 | €18,813 | €18,813 | = | 0.0% |
| Distributable reserves | 133 | €71,391 | €83,044 | +€11,653 | +16.3% |
| Profit (loss) carried forward | 14 | -€151,947 | -€266,518 | -€114,571 | -75.4% |
| Amounts payable | 17/49 | €396,063 | €414,156 | +€18,092 | +4.6% |
| Amounts payable after more than one year | 17 | €4,650 | €70,833 | +€66,183 | +1,423% |
| Financial debts | 170/4 | €4,650 | €70,833 | +€66,183 | +1,423% |
| Amounts payable within one year | 42/48 | €391,413 | €343,322 | -€48,091 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €5,115 | €29,185 | +€24,070 | +471% |
| Financial debts | 43 | €175,000 | €75,000 | -€100,000 | -57.1% |
| Credit institutions | 430/8 | €175,000 | €75,000 | -€100,000 | -57.1% |
| Trade debts | 44 | €187,451 | €228,003 | +€40,552 | +21.6% |
| Suppliers | 440/4 | €187,451 | €228,003 | +€40,552 | +21.6% |
| Taxes, remuneration and social security | 45 | €12,713 | - | -€12,713 | |
| Taxes | 450/3 | €489 | - | -€489 | |
| Remuneration and social security | 454/9 | €12,224 | - | -€12,224 | |
| Other amounts payable | 47/48 | €11,134 | €11,134 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €240,943 | €215,671 | -€25,272 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,838 | €12,032 | -€4,806 | -28.5% |
| Other operating charges | 640/8 | €1,466 | €1,885 | +€419 | +28.6% |
| Gross operating margin | 9900 | €278,277 | €147,367 | -€130,910 | -47.0% |
| Operating profit (loss) | 9901 | €19,030 | -€82,221 | -€101,251 | |
| Financial income | 75/76B | €53 | €678 | +€625 | +1,173% |
| Recurring financial income | 75 | €53 | €678 | +€625 | +1,173% |
| Financial charges | 65/66B | €12,762 | €33,029 | +€20,267 | +159% |
| Recurring financial charges | 65 | €12,762 | €33,029 | +€20,267 | +159% |
| Profit (loss) for the period before taxes | 9903 | €6,321 | -€114,571 | -€120,893 | |
| Profit (loss) for the period | 9904 | €6,321 | -€114,571 | -€120,893 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,321 | -€114,571 | -€120,893 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.