AquaThéa: 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.
AquaThéa
Largest movements
- Receivables within one year +€36,920
up €36,920 (+43.9%), from €84,135 to €121,055
of which Trade receivables: +€44,057
- Tangible fixed assets -€13,120
down €13,120 (-19.9%), from €65,920 to €52,800
of which Furniture and vehicles: -€17,726
- Cash -€10,540
down €10,540 (-99.8%), from €10,565 to €25
mainly Receivables within one year (-€36,920) and Debts after one year (-€26,606)
- Stocks and contracts +€2,775
up €2,775 (+48.5%), from €5,725 to €8,500
- Debts after one year -€26,606
down €26,606 (-47.5%), from €56,050 to €29,444
- Trade debts +€25,714
up €25,714 (+116%), from €22,262 to €47,977
- Other debts +€11,412
up €11,412 (+268%), from €4,261 to €15,673
- Profit (loss) carried forward +€4,853
up €4,853, from -€3,146 to €1,707
- Other operating charges -€21,080
down €21,080 (-95.6%), from €22,049 to €969
- Staff costs +€4,282
up €4,282 (+15.7%), from €27,324 to €31,606
- Financial charges +€3,048
up €3,048, from -€186 to €2,862
- Depreciation +€2,906
up €2,906 (+19.3%), from €15,050 to €17,956
- Taxes +€1,694
up €1,694 (+792%), from €214 to €1,908
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 | €168,376 | €184,727 | +€16,351 | +9.7% |
| Fixed assets | 21/28 | €66,234 | €53,114 | -€13,120 | -19.8% |
| Tangible fixed assets | 22/27 | €65,920 | €52,800 | -€13,120 | -19.9% |
| Plant, machinery and equipment | 23 | €313 | €164 | -€150 | -47.8% |
| Furniture and vehicles | 24 | €65,607 | €47,881 | -€17,726 | -27.0% |
| Other tangible fixed assets | 26 | - | €4,756 | +€4,756 | |
| Financial fixed assets | 28 | €314 | €314 | = | 0.0% |
| Current assets | 29/58 | €102,142 | €131,613 | +€29,471 | +28.9% |
| Stocks and contracts in progress | 3 | €5,725 | €8,500 | +€2,775 | +48.5% |
| Stocks | 30/36 | €5,725 | €8,500 | +€2,775 | +48.5% |
| Amounts receivable within one year | 40/41 | €84,135 | €121,055 | +€36,920 | +43.9% |
| Trade receivables | 40 | €64,692 | €108,749 | +€44,057 | +68.1% |
| Other amounts receivable | 41 | €19,443 | €12,306 | -€7,137 | -36.7% |
| Cash at bank and in hand | 54/58 | €10,565 | €25 | -€10,540 | -99.8% |
| Deferred charges and accrued income | 490/1 | €1,717 | €2,033 | +€315 | +18.4% |
| Total equity and liabilities | 10/49 | €168,376 | €184,727 | +€16,351 | +9.7% |
| Equity | 10/15 | €51,831 | €56,683 | +€4,853 | +9.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €42,576 | €42,576 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,716 | €40,716 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,146 | €1,707 | +€4,853 | |
| Amounts payable | 17/49 | €116,545 | €128,044 | +€11,498 | +9.9% |
| Amounts payable after more than one year | 17 | €56,050 | €29,444 | -€26,606 | -47.5% |
| Financial debts | 170/4 | €56,050 | €29,444 | -€26,606 | -47.5% |
| Amounts payable within one year | 42/48 | €60,495 | €98,600 | +€38,105 | +63.0% |
| Current portion of amounts payable after more than one year | 42 | €25,586 | €26,948 | +€1,362 | +5.3% |
| Trade debts | 44 | €22,262 | €47,977 | +€25,714 | +116% |
| Suppliers | 440/4 | €22,262 | €47,977 | +€25,714 | +116% |
| Taxes, remuneration and social security | 45 | €8,385 | €8,002 | -€384 | -4.6% |
| Taxes | 450/3 | €8,385 | €7,536 | -€849 | -10.1% |
| Remuneration and social security | 454/9 | - | €465 | +€465 | |
| Other amounts payable | 47/48 | €4,261 | €15,673 | +€11,412 | +268% |
| Remuneration, social security and pensions | 62 | €27,324 | €31,606 | +€4,282 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,050 | €17,956 | +€2,906 | +19.3% |
| Other operating charges | 640/8 | €22,049 | €969 | -€21,080 | -95.6% |
| Gross operating margin | 9900 | €60,881 | €60,153 | -€728 | -1.2% |
| Operating profit (loss) | 9901 | -€3,541 | €9,622 | +€13,164 | |
| Financial income | 75/76B | €424 | €0 | -€424 | -100.0% |
| Recurring financial income | 75 | €424 | €0 | -€424 | -100.0% |
| Financial charges | 65/66B | -€186 | €2,862 | +€3,048 | |
| Recurring financial charges | 65 | -€186 | €2,862 | +€3,048 | |
| Profit (loss) for the period before taxes | 9903 | -€2,932 | €6,760 | +€9,692 | |
| Income taxes | 67/77 | €214 | €1,908 | +€1,694 | +792% |
| Profit (loss) for the period | 9904 | -€3,146 | €4,853 | +€7,998 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,146 | €4,853 | +€7,998 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.