AQUATECH: 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.
AQUATECH
Largest movements
- Deferred charges and accrued income +€13,488
up €13,488 (+889%), from €1,517 to €15,005
- Cash -€11,683
down €11,683 (-58.9%), from €19,823 to €8,140
mainly Deferred charges and accrued income (-€13,488) and Contributions, distributions and other (-€10,000)
- Receivables within one year -€7,186
down €7,186 (-11.6%), from €61,795 to €54,609
of which Trade receivables: -€9,881
- Stocks and contracts -€2,350
down €2,350 (-14.5%), from €16,190 to €13,840
of which Stocks: -€1,600
- Tangible fixed assets -€1,374
down €1,374 (-34.1%), from €4,029 to €2,654
of which Furniture and vehicles: -€1,356
- Reserves -€10,000
down €10,000 (-8.8%), from €113,860 to €103,860
- Profit (loss) carried forward +€9,485
up €9,485 (+21.7%), from -€43,632 to -€34,148
- Trade debts -€9,062
down €9,062 (-83.2%), from €10,896 to €1,833
- Gross operating margin +€40,451
up €40,451, from -€13,531 to €26,920
- Write-downs +€14,464
new in 2025: €14,464
- Other operating charges +€901
up €901 (+91.7%), from €983 to €1,885
- Financial charges -€363
down €363 (-57.1%), from €636 to €273
- Depreciation +€338
up €338 (+32.7%), from €1,036 to €1,374
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 | €112,463 | €103,559 | -€8,904 | -7.9% |
| Fixed assets | 21/28 | €9,539 | €8,164 | -€1,374 | -14.4% |
| Tangible fixed assets | 22/27 | €4,029 | €2,654 | -€1,374 | -34.1% |
| Plant, machinery and equipment | 23 | €18 | €0 | -€18 | -100% |
| Furniture and vehicles | 24 | €4,010 | €2,654 | -€1,356 | -33.8% |
| Financial fixed assets | 28 | €5,510 | €5,510 | = | 0.0% |
| Current assets | 29/58 | €102,925 | €95,394 | -€7,530 | -7.3% |
| Amounts receivable after more than one year | 29 | €3,600 | €3,800 | +€200 | +5.6% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €3,600 | €3,800 | +€200 | +5.6% |
| Stocks and contracts in progress | 3 | €16,190 | €13,840 | -€2,350 | -14.5% |
| Stocks | 30/36 | €13,190 | €11,590 | -€1,600 | -12.1% |
| Contracts in progress | 37 | €3,000 | €2,250 | -€750 | -25.0% |
| Amounts receivable within one year | 40/41 | €61,795 | €54,609 | -€7,186 | -11.6% |
| Trade receivables | 40 | €55,687 | €45,806 | -€9,881 | -17.7% |
| Other amounts receivable | 41 | €6,108 | €8,804 | +€2,696 | +44.1% |
| Cash at bank and in hand | 54/58 | €19,823 | €8,140 | -€11,683 | -58.9% |
| Deferred charges and accrued income | 490/1 | €1,517 | €15,005 | +€13,488 | +889% |
| Total equity and liabilities | 10/49 | €112,463 | €103,559 | -€8,904 | -7.9% |
| Equity | 10/15 | €88,828 | €88,312 | -€515 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,860 | €103,860 | -€10,000 | -8.8% |
| Distributable reserves | 133 | €113,860 | €103,860 | -€10,000 | -8.8% |
| Profit (loss) carried forward | 14 | -€43,632 | -€34,148 | +€9,485 | +21.7% |
| Amounts payable | 17/49 | €23,636 | €15,247 | -€8,389 | -35.5% |
| Amounts payable within one year | 42/48 | €23,636 | €15,247 | -€8,389 | -35.5% |
| Trade debts | 44 | €10,896 | €1,833 | -€9,062 | -83.2% |
| Suppliers | 440/4 | €10,896 | €1,833 | -€9,062 | -83.2% |
| Taxes, remuneration and social security | 45 | €3,240 | €3,413 | +€173 | +5.3% |
| Taxes | 450/3 | €3,240 | €3,413 | +€173 | +5.3% |
| Other amounts payable | 47/48 | €9,500 | €10,000 | +€500 | +5.3% |
| Non-recurring operating income | 76A | - | €13,417 | +€13,417 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,036 | €1,374 | +€338 | +32.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,464 | +€14,464 | |
| Other operating charges | 640/8 | €983 | €1,885 | +€901 | +91.7% |
| Non-recurring operating charges | 66A | - | €160 | +€160 | |
| Gross operating margin | 9900 | -€13,531 | €26,920 | +€40,451 | |
| Operating profit (loss) | 9901 | -€15,550 | €9,037 | +€24,587 | |
| Financial income | 75/76B | €758 | €721 | -€37 | -4.9% |
| Recurring financial income | 75 | €758 | €721 | -€37 | -4.9% |
| Financial charges | 65/66B | €636 | €273 | -€363 | -57.1% |
| Recurring financial charges | 65 | €636 | €273 | -€363 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,428 | €9,485 | +€24,913 | |
| Income taxes | 67/77 | €123 | €0 | -€123 | -100% |
| Profit (loss) for the period | 9904 | -€15,551 | €9,485 | +€25,036 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,551 | €9,485 | +€25,036 |
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 15 October 2026 via checked.be.