AQUATRE: 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.
What changed
AQUATRE
NACE 47.640, Retail sale of games and toys
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€617,989
2025 · €670,290-€52,301
Equity
€2.0m
2025 · €2.6m-€674,614
Cash
€1.3m
2025 · €1.1m+€176,021
Balance sheet total
€3.7m
2025 · €3.7m+€70,457
Largest movements
Assets
- Cash +€176,021
up €176,021 (+16.2%), from €1.1m to €1.3m
mainly Other debts (+€924,555) and Net result for the year (+€617,989)
- Stocks and contracts -€133,268
down €133,268 (-16.2%), from €823,609 to €690,342
- Receivables after one year +€50,000
new in 2026: €50,000
Equity and liabilities
- Reserves -€1.3m
down €1.3m (-50.4%), from €2.6m to €1.3m
of which Non-distributable reserves: -€1.3m
- Other debts +€924,555
up €924,555 (+322%), from €287,000 to €1.2m
- Profit (loss) carried forward +€618,023
up €618,023 (+7,376%), from €8,378 to €626,401
- Tax, wage and social debts -€89,395
down €89,395 (-28.0%), from €318,917 to €229,522
of which Taxes: -€87,342
- Trade debts -€49,145
down €49,145 (-17.7%), from €277,452 to €228,308
Income statement
- Gross operating margin -€88,463
down €88,463 (-10.2%), from €868,837 to €780,374
- Taxes -€43,797
down €43,797 (-36.5%), from €119,879 to €76,082
From the 2025 result to the 2026 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.
Result 2025
€670,290
Gross operating margin
-€88,463
Staff costs
+€3,978
Depreciation
+€4,212
Write-downs
-€7,570
Other operating charges
-€2,131
Financial income
-€5,689
Financial charges
-€433
Taxes
+€43,797
Result 2026
€617,989
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.5m
Investment
-€22,864
Financing
-€1.3m
Cash 2025
€1.1m
From operations (derived)
+€1.5m
Net result for the year
+€617,989
Depreciation
+€35,198
Receivables after one year
-€50,000
Stocks and contracts
+€133,268
Receivables within one year
+€8,978
Deferred charges and accrued income
+€985
Trade debts
-€49,145
Tax, wage and social debts
-€89,395
Other debts
+€924,555
Investment (derived)
-€22,864
Investment in fixed assets (net)
-€22,864
Financing
-€1.3m
Debts after one year
-€42,992
Current portion of long-term debt
+€2,047
Contributions, distributions and other
-€1.3m
Cash 2026
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,673,007 | €3,743,464 | +€70,457 | +1.9% |
| Fixed assets | 21/28 | €1,224,887 | €1,212,554 | -€12,333 | -1.0% |
| Tangible fixed assets | 22/27 | €106,167 | €93,834 | -€12,333 | -11.6% |
| Land and buildings | 22 | €102,663 | €73,710 | -€28,953 | -28.2% |
| Plant, machinery and equipment | 23 | €3,503 | €5,304 | +€1,801 | +51.4% |
| Furniture and vehicles | 24 | - | €14,819 | +€14,819 | |
| Financial fixed assets | 28 | €1,118,720 | €1,118,720 | = | 0.0% |
| Current assets | 29/58 | €2,448,120 | €2,530,910 | +€82,790 | +3.4% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Stocks and contracts in progress | 3 | €823,609 | €690,342 | -€133,268 | -16.2% |
| Stocks | 30/36 | €823,609 | €690,342 | -€133,268 | -16.2% |
| Amounts receivable within one year | 40/41 | €537,434 | €528,456 | -€8,978 | -1.7% |
| Trade receivables | 40 | €7,961 | €9,463 | +€1,502 | +18.9% |
| Other amounts receivable | 41 | €529,473 | €518,993 | -€10,480 | -2.0% |
| Cash at bank and in hand | 54/58 | €1,084,289 | €1,260,310 | +€176,021 | +16.2% |
| Deferred charges and accrued income | 490/1 | €2,788 | €1,802 | -€985 | -35.3% |
| Total equity and liabilities | 10/49 | €3,673,007 | €3,743,464 | +€70,457 | +1.9% |
| Equity | 10/15 | €2,625,239 | €1,950,625 | -€674,614 | -25.7% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €2,567,282 | €1,274,645 | -€1.3m | -50.4% |
| Non-distributable reserves | 130/1 | €2,505,364 | €1,212,727 | -€1.3m | -51.6% |
| Other | 1319 | €2,505,364 | €1,212,727 | -€1.3m | -51.6% |
| Tax-exempt reserves | 132 | €41,500 | €41,500 | = | 0.0% |
| Distributable reserves | 133 | €20,417 | €20,417 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,378 | €626,401 | +€618,023 | +7,376% |
| Amounts payable | 17/49 | €1,047,768 | €1,792,839 | +€745,070 | +71.1% |
| Amounts payable after more than one year | 17 | €123,454 | €80,462 | -€42,992 | -34.8% |
| Financial debts | 170/4 | €123,454 | €80,462 | -€42,992 | -34.8% |
| Amounts payable within one year | 42/48 | €924,315 | €1,712,377 | +€788,062 | +85.3% |
| Current portion of amounts payable after more than one year | 42 | €40,945 | €42,992 | +€2,047 | +5.0% |
| Trade debts | 44 | €277,452 | €228,308 | -€49,145 | -17.7% |
| Suppliers | 440/4 | €277,452 | €228,308 | -€49,145 | -17.7% |
| Taxes, remuneration and social security | 45 | €318,917 | €229,522 | -€89,395 | -28.0% |
| Taxes | 450/3 | €272,011 | €184,668 | -€87,342 | -32.1% |
| Remuneration and social security | 454/9 | €46,907 | €44,854 | -€2,053 | -4.4% |
| Other amounts payable | 47/48 | €287,000 | €1,211,555 | +€924,555 | +322% |
| Non-recurring operating income | 76A | - | €1,686 | +€1,686 | |
| Remuneration, social security and pensions | 62 | €433,600 | €429,622 | -€3,978 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,409 | €35,198 | -€4,212 | -10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,570 | - | +€7,570 | |
| Other operating charges | 640/8 | €1,582 | €3,713 | +€2,131 | +135% |
| Gross operating margin | 9900 | €868,837 | €780,374 | -€88,463 | -10.2% |
| Operating profit (loss) | 9901 | €401,816 | €311,841 | -€89,975 | -22.4% |
| Financial income | 75/76B | €416,330 | €410,641 | -€5,689 | -1.4% |
| Recurring financial income | 75 | €416,330 | €410,641 | -€5,689 | -1.4% |
| Financial charges | 65/66B | €27,978 | €28,411 | +€433 | +1.5% |
| Recurring financial charges | 65 | €27,978 | €28,411 | +€433 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €790,169 | €694,071 | -€96,098 | -12.2% |
| Income taxes | 67/77 | €119,879 | €76,082 | -€43,797 | -36.5% |
| Profit (loss) for the period | 9904 | €670,290 | €617,989 | -€52,301 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €670,290 | €617,989 | -€52,301 | -7.8% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.