AQUASTRUCTO: 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.
AQUASTRUCTO
Largest movements
- Current assets +€273,591
up €273,591 (+21.5%), from €1.3m to €1.5m
of which Receivables within one year: +€155,364
- Debts +€467,952
up €467,952 (+68.9%), from €678,847 to €1.1m
- Equity -€184,610
down €184,610 (-28.7%), from €642,592 to €457,981
of which Reserves: -€184,610
- Gross operating margin -€193,566
down €193,566 (-78.8%), from €245,682 to €52,116
- Depreciation +€2,938
up €2,938 (+18.1%), from €16,212 to €19,150
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,321,439 | €1,604,781 | +€283,342 | +21.4% |
| Fixed assets | 21/28 | €46,522 | €56,273 | +€9,751 | +21.0% |
| Tangible fixed assets | 22/27 | €36,377 | €46,128 | +€9,751 | +26.8% |
| Financial fixed assets | 28 | €10,145 | €10,145 | = | 0.0% |
| Current assets | 29/58 | €1,274,917 | €1,548,508 | +€273,591 | +21.5% |
| Stocks and contracts in progress | 3 | €372,020 | €119,368 | -€252,652 | -67.9% |
| Amounts receivable within one year | 40/41 | €898,226 | €1,053,590 | +€155,364 | +17.3% |
| Cash at bank and in hand | 54/58 | €4,671 | €30,549 | +€25,878 | +554.0% |
| Total equity and liabilities | 10/49 | €1,321,439 | €1,604,781 | +€283,342 | +21.4% |
| Equity | 10/15 | €642,592 | €457,981 | -€184,610 | -28.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €581,092 | €396,481 | -€184,610 | -31.8% |
| Profit (loss) carried forward | 14 | €95,713 | €95,713 | = | 0.0% |
| Amounts payable | 17/49 | €678,847 | €1,146,799 | +€467,952 | +68.9% |
| Amounts payable within one year | 42/48 | €678,847 | €1,129,728 | +€450,881 | +66.4% |
| Trade debts | 44 | €293,542 | €326,880 | +€33,338 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,212 | €19,150 | +€2,938 | +18.1% |
| Gross operating margin | 9900 | €245,682 | €52,116 | -€193,566 | -78.8% |
| Operating profit (loss) | 9901 | -€21,964 | -€204,837 | -€182,873 | -832.6% |
| Recurring financial income | 75 | €6,903 | €24,307 | +€17,404 | +252.1% |
| Recurring financial charges | 65 | €3,323 | €3,585 | +€262 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,384 | -€184,115 | -€165,731 | -901.5% |
| Income taxes | 67/77 | - | €495 | +€495 | |
| Profit (loss) for the period | 9904 | -€18,384 | -€184,610 | -€166,226 | -904.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,384 | -€184,610 | -€166,226 | -904.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.