AQUAVELLA: 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.
AQUAVELLA
Largest movements
- Cash +€17,739
up €17,739 (+83.5%), from €21,248 to €38,987
mainly Net result for the year (+€47,628) and Depreciation (+€2,480)
- Tangible fixed assets +€17,470
up €17,470 (+425%), from €4,112 to €21,582
of which Furniture and vehicles: +€19,002
- Receivables within one year +€1,702
up €1,702 (+14.3%), from €11,918 to €13,619
of which Other amounts receivable: +€7,302
- Deferred charges and accrued income +€1,608
up €1,608 (+390%), from €412 to €2,019
- Reserves +€68,000
new in 2025: €68,000
- Profit (loss) carried forward -€20,372
down €20,372 (-96.8%), from €21,052 to €680
- Other debts -€4,974
no longer reported in 2025 (was €4,974)
- Tax, wage and social debts -€3,726
down €3,726 (-70.4%), from €5,290 to €1,564
- Gross operating margin +€38,658
up €38,658 (+135%), from €28,663 to €67,321
- Taxes +€6,274
up €6,274 (+119%), from €5,290 to €11,564
- Financial charges +€5,033
up €5,033 (+2,329%), from €216 to €5,249
of which Non-recurring financial charges: +€5,139
- Depreciation +€1,408
up €1,408 (+131%), from €1,072 to €2,480
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 | €37,690 | €76,208 | +€38,519 | +102% |
| Fixed assets | 21/28 | €4,112 | €21,582 | +€17,470 | +425% |
| Tangible fixed assets | 22/27 | €4,112 | €21,582 | +€17,470 | +425% |
| Plant, machinery and equipment | 23 | €4,112 | €2,581 | -€1,531 | -37.2% |
| Furniture and vehicles | 24 | - | €19,002 | +€19,002 | |
| Current assets | 29/58 | €33,577 | €54,626 | +€21,048 | +62.7% |
| Amounts receivable within one year | 40/41 | €11,918 | €13,619 | +€1,702 | +14.3% |
| Trade receivables | 40 | €9,136 | €3,535 | -€5,600 | -61.3% |
| Other amounts receivable | 41 | €2,782 | €10,084 | +€7,302 | +262% |
| Cash at bank and in hand | 54/58 | €21,248 | €38,987 | +€17,739 | +83.5% |
| Deferred charges and accrued income | 490/1 | €412 | €2,019 | +€1,608 | +390% |
| Total equity and liabilities | 10/49 | €37,690 | €76,208 | +€38,519 | +102% |
| Equity | 10/15 | €26,052 | €73,680 | +€47,628 | +183% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €68,000 | +€68,000 | |
| Distributable reserves | 133 | - | €68,000 | +€68,000 | |
| Profit (loss) carried forward | 14 | €21,052 | €680 | -€20,372 | -96.8% |
| Amounts payable | 17/49 | €11,637 | €2,528 | -€9,109 | -78.3% |
| Amounts payable within one year | 42/48 | €11,637 | €2,528 | -€9,109 | -78.3% |
| Trade debts | 44 | €1,374 | €964 | -€409 | -29.8% |
| Suppliers | 440/4 | €1,374 | €964 | -€409 | -29.8% |
| Taxes, remuneration and social security | 45 | €5,290 | €1,564 | -€3,726 | -70.4% |
| Taxes | 450/3 | €5,290 | €1,564 | -€3,726 | -70.4% |
| Other amounts payable | 47/48 | €4,974 | - | -€4,974 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,072 | €2,480 | +€1,408 | +131% |
| Other operating charges | 640/8 | €1,164 | €976 | -€187 | -16.1% |
| Gross operating margin | 9900 | €28,663 | €67,321 | +€38,658 | +135% |
| Operating profit (loss) | 9901 | €26,427 | €63,864 | +€37,437 | +142% |
| Financial income | 75/76B | €131 | €576 | +€445 | +341% |
| Recurring financial income | 75 | €131 | €576 | +€445 | +341% |
| Financial charges | 65/66B | €216 | €5,249 | +€5,033 | +2,329% |
| Recurring financial charges | 65 | €216 | €110 | -€106 | -49.2% |
| Non-recurring financial charges | 66B | - | €5,139 | +€5,139 | |
| Profit (loss) for the period before taxes | 9903 | €26,342 | €59,191 | +€32,849 | +125% |
| Income taxes | 67/77 | €5,290 | €11,564 | +€6,274 | +119% |
| Profit (loss) for the period | 9904 | €21,052 | €47,628 | +€26,575 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €21,052 | €47,628 | +€26,575 | +126% |
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 23 October 2026 via checked.be.