AQUATION: 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.
AQUATION
Largest movements
- Receivables within one year -€8,625
down €8,625 (-71.8%), from €12,013 to €3,388
- Cash +€2,601
up €2,601 (+2,310%), from €113 to €2,713
mainly Receivables within one year (+€8,625) and Net result for the year (+€3,752)
- Intangible fixed assets +€2,596
new in 2024: €2,596
- Tangible fixed assets -€1,737
down €1,737 (-100.0%), from €1,737 to €0
of which Furniture and vehicles: -€1,720
- Other debts -€9,235
down €9,235 (-61.2%), from €15,093 to €5,858
- Profit (loss) carried forward +€3,752
up €3,752 (+4.3%), from -€86,353 to -€82,600
- Tax, wage and social debts +€276
up €276 (+30.5%), from €903 to €1,179
- Gross operating margin +€1,449
up €1,449 (+25.1%), from €5,763 to €7,212
- Depreciation -€606
down €606 (-21.2%), from €2,852 to €2,246
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 | €14,423 | €9,258 | -€5,166 | -35.8% |
| Fixed assets | 21/28 | €1,797 | €2,656 | +€859 | +47.8% |
| Intangible fixed assets | 21 | - | €2,596 | +€2,596 | |
| Tangible fixed assets | 22/27 | €1,737 | €0 | -€1,737 | -100.0% |
| Furniture and vehicles | 24 | €1,721 | €0 | -€1,720 | -100.0% |
| Other tangible fixed assets | 26 | €17 | - | -€17 | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €12,626 | €6,601 | -€6,025 | -47.7% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,013 | €3,388 | -€8,625 | -71.8% |
| Trade receivables | 40 | €12,013 | €3,388 | -€8,625 | -71.8% |
| Cash at bank and in hand | 54/58 | €113 | €2,713 | +€2,601 | +2,310% |
| Total equity and liabilities | 10/49 | €14,423 | €9,258 | -€5,166 | -35.8% |
| Equity | 10/15 | -€2,353 | €1,400 | +€3,752 | |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Legal reserve | 130 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,353 | -€82,600 | +€3,752 | +4.3% |
| Amounts payable | 17/49 | €16,776 | €7,858 | -€8,918 | -53.2% |
| Amounts payable within one year | 42/48 | €16,776 | €7,858 | -€8,918 | -53.2% |
| Trade debts | 44 | €779 | €821 | +€42 | +5.4% |
| Suppliers | 440/4 | €779 | €821 | +€42 | +5.4% |
| Taxes, remuneration and social security | 45 | €903 | €1,179 | +€276 | +30.5% |
| Taxes | 450/3 | €903 | €1,179 | +€276 | +30.5% |
| Other amounts payable | 47/48 | €15,093 | €5,858 | -€9,235 | -61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,852 | €2,246 | -€606 | -21.2% |
| Other operating charges | 640/8 | €733 | €724 | -€8 | -1.1% |
| Gross operating margin | 9900 | €5,763 | €7,212 | +€1,449 | +25.1% |
| Operating profit (loss) | 9901 | €2,178 | €4,241 | +€2,063 | +94.7% |
| Financial charges | 65/66B | €304 | €344 | +€40 | +13.2% |
| Recurring financial charges | 65 | €304 | €344 | +€40 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €1,874 | €3,897 | +€2,023 | +108% |
| Income taxes | 67/77 | €134 | €145 | +€11 | +8.5% |
| Profit (loss) for the period | 9904 | €1,741 | €3,752 | +€2,012 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €1,741 | €3,752 | +€2,012 | +116% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.