AQUAVITH: what changed
Two fiscal 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.
AQUAVITH
Largest movements
- Cash +€67,104
up €67,104 (+249.8%), from €26,860 to €93,965
mainly Other debts (+€252,652) and Depreciation (+€72,013)
- Tangible fixed assets -€44,422
down €44,422 (-5.0%), from €890,149 to €845,727
of which Land and buildings: -€42,541
- Receivables after one year -€30,000
no longer reported in 2025 (was €30,000)
- Debts after one year -€342,443
down €342,443 (-68.9%), from €496,815 to €154,372
of which Financial debts: -€337,443
- Other debts +€252,652
up €252,652 (+110.5%), from €228,552 to €481,205
- Profit (loss) carried forward +€60,341
up €60,341 (+35.1%), from €172,014 to €232,355
- Tax, wage and social debts +€12,627
up €12,627 (+63.3%), from €19,937 to €32,564
of which Remuneration and social security: +€17,867
- Gross operating margin +€58,867
up €58,867 (+44.1%), from €133,475 to €192,342
- Taxes +€14,697
up €14,697 (+827.1%), from €1,777 to €16,474
- Financial charges +€6,136
up €6,136 (+30.1%), from €20,404 to €26,540
- Staff costs +€2,076
up €2,076 (+22.4%), from €9,267 to €11,343
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.
Cash bridge derived
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 | €994,666 | €982,503 | -€12,163 | -1.2% |
| Fixed assets | 21/28 | €931,649 | €884,027 | -€47,622 | -5.1% |
| Intangible fixed assets | 21 | €40,000 | €36,800 | -€3,200 | -8.0% |
| Tangible fixed assets | 22/27 | €890,149 | €845,727 | -€44,422 | -5.0% |
| Land and buildings | 22 | €864,179 | €821,639 | -€42,541 | -4.9% |
| Plant, machinery and equipment | 23 | €24,027 | €22,840 | -€1,187 | -4.9% |
| Furniture and vehicles | 24 | €1,942 | €1,248 | -€695 | -35.8% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €63,017 | €98,476 | +€35,459 | +56.3% |
| Amounts receivable after more than one year | 29 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 291 | €30,000 | - | -€30,000 | |
| Amounts receivable within one year | 40/41 | €4,690 | €2,677 | -€2,012 | -42.9% |
| Trade receivables | 40 | €4,690 | €2,677 | -€2,012 | -42.9% |
| Cash at bank and in hand | 54/58 | €26,860 | €93,965 | +€67,104 | +249.8% |
| Deferred charges and accrued income | 490/1 | €1,467 | €1,834 | +€367 | +25.0% |
| Total equity and liabilities | 10/49 | €994,666 | €982,503 | -€12,163 | -1.2% |
| Equity | 10/15 | €211,590 | €271,931 | +€60,341 | +28.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €14,575 | €14,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,075 | €12,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,014 | €232,355 | +€60,341 | +35.1% |
| Amounts payable | 17/49 | €783,076 | €710,572 | -€72,504 | -9.3% |
| Amounts payable after more than one year | 17 | €496,815 | €154,372 | -€342,443 | -68.9% |
| Financial debts | 170/4 | €490,435 | €152,992 | -€337,443 | -68.8% |
| Other amounts payable | 178/9 | €6,380 | €1,380 | -€5,000 | -78.4% |
| Amounts payable within one year | 42/48 | €284,834 | €553,471 | +€268,637 | +94.3% |
| Current portion of amounts payable after more than one year | 42 | €33,057 | €31,677 | -€1,380 | -4.2% |
| Trade debts | 44 | €3,287 | €8,025 | +€4,738 | +144.1% |
| Suppliers | 440/4 | €3,287 | €8,025 | +€4,738 | +144.1% |
| Taxes, remuneration and social security | 45 | €19,937 | €32,564 | +€12,627 | +63.3% |
| Taxes | 450/3 | €18,990 | €13,750 | -€5,240 | -27.6% |
| Remuneration and social security | 454/9 | €947 | €18,814 | +€17,867 | +1886.4% |
| Other amounts payable | 47/48 | €228,552 | €481,205 | +€252,652 | +110.5% |
| Accrued charges and deferred income | 492/3 | €1,428 | €2,729 | +€1,302 | +91.2% |
| Remuneration, social security and pensions | 62 | €9,267 | €11,343 | +€2,076 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,404 | €72,013 | -€391 | -0.5% |
| Other operating charges | 640/8 | €4,094 | €5,711 | +€1,618 | +39.5% |
| Gross operating margin | 9900 | €133,475 | €192,342 | +€58,867 | +44.1% |
| Operating profit (loss) | 9901 | €47,710 | €103,275 | +€55,565 | +116.5% |
| Financial income | 75/76B | €0 | €81 | +€81 | +50456.3% |
| Recurring financial income | 75 | €0 | €81 | +€81 | +50456.3% |
| Financial charges | 65/66B | €20,404 | €26,540 | +€6,136 | +30.1% |
| Recurring financial charges | 65 | €20,404 | €26,540 | +€6,136 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €27,306 | €76,815 | +€49,509 | +181.3% |
| Income taxes | 67/77 | €1,777 | €16,474 | +€14,697 | +827.1% |
| Profit (loss) for the period | 9904 | €25,529 | €60,341 | +€34,812 | +136.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,529 | €60,341 | +€34,812 | +136.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.