Aquiflor: 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
Aquiflor
NACE 03.220, Fishing and aquaculture
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€343,648
2024 · €231,598+€112,050
Equity
€467,165
2024 · €463,517+€3,648
Cash
€287,737
2024 · €90,020+€197,717
Balance sheet total
€1.2m
2024 · €1.1m+€136,224
Largest movements
Assets
- Cash +€197,717
up €197,717 (+220%), from €90,020 to €287,737
mainly Net result for the year (+€343,648) and Depreciation (+€71,900)
- Receivables within one year -€30,285
down €30,285 (-73.6%), from €41,151 to €10,865
of which Other amounts receivable: -€32,210
- Intangible fixed assets -€25,000
no longer reported in 2025 (was €25,000)
Equity and liabilities
- Other debts +€57,067
up €57,067 (+13.9%), from €410,870 to €467,937
- Trade debts +€39,209
up €39,209 (+105%), from €37,341 to €76,550
- Tax, wage and social debts +€36,972
up €36,972 (+55.2%), from €66,923 to €103,894
of which Taxes: +€24,084
- Current portion of long-term debt -€29,532
down €29,532 (-49.0%), from €60,261 to €30,729
- Provisions +€25,000
new in 2025: €25,000
Income statement
- Gross operating margin +€344,926
up €344,926 (+39.1%), from €883,010 to €1.2m
- Staff costs +€100,342
up €100,342 (+23.4%), from €428,392 to €528,734
- Write-downs +€59,175
new in 2025: €59,175
- Taxes +€36,939
up €36,939 (+45.3%), from €81,629 to €118,567
- Provisions +€25,000
new in 2025: €25,000
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.
Result 2024
€231,598
Gross operating margin
+€344,926
Staff costs
-€100,342
Depreciation
+€5,659
Write-downs
-€59,175
Provisions
-€25,000
Other operating charges
-€2,383
Financial income
-€418
Financial charges
-€14,278
Taxes
-€36,939
Result 2025
€343,648
raises the resultlowers the result
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.
From operations
+€602,954
Investment
-€41,363
Financing
-€363,874
Cash 2024
€90,020
From operations (derived)
+€602,954
Net result for the year
+€343,648
Depreciation
+€71,900
Stocks and contracts
+€8,705
Receivables within one year
+€30,285
Deferred charges and accrued income
-€8,035
Provisions
+€25,000
Trade debts
+€39,209
Tax, wage and social debts
+€36,972
Advances received
-€3,145
Other debts
+€57,067
Accrued charges and deferred income
+€1,347
Investment (derived)
-€41,363
Investment in fixed assets (net)
-€41,363
Financing
-€363,874
Debts after one year
+€5,658
Current portion of long-term debt
-€29,532
Contributions, distributions and other
-€340,000
Cash 2025
€287,737
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,052,240 | €1,188,464 | +€136,224 | +12.9% |
| Fixed assets | 21/28 | €93,391 | €62,854 | -€30,537 | -32.7% |
| Intangible fixed assets | 21 | €25,000 | - | -€25,000 | |
| Tangible fixed assets | 22/27 | €68,052 | €62,515 | -€5,537 | -8.1% |
| Plant, machinery and equipment | 23 | €49,551 | €36,582 | -€12,969 | -26.2% |
| Furniture and vehicles | 24 | €9,282 | €22,800 | +€13,518 | +146% |
| Leasing and similar rights | 25 | €4,113 | - | -€4,113 | |
| Other tangible fixed assets | 26 | €5,106 | €3,134 | -€1,972 | -38.6% |
| Financial fixed assets | 28 | €339 | €339 | = | 0.0% |
| Current assets | 29/58 | €958,849 | €1,125,610 | +€166,761 | +17.4% |
| Stocks and contracts in progress | 3 | €821,106 | €812,401 | -€8,705 | -1.1% |
| Stocks | 30/36 | €821,106 | €812,401 | -€8,705 | -1.1% |
| Amounts receivable within one year | 40/41 | €41,151 | €10,865 | -€30,285 | -73.6% |
| Trade receivables | 40 | €8,941 | €10,865 | +€1,924 | +21.5% |
| Other amounts receivable | 41 | €32,210 | - | -€32,210 | |
| Cash at bank and in hand | 54/58 | €90,020 | €287,737 | +€197,717 | +220% |
| Deferred charges and accrued income | 490/1 | €6,572 | €14,607 | +€8,035 | +122% |
| Total equity and liabilities | 10/49 | €1,052,240 | €1,188,464 | +€136,224 | +12.9% |
| Equity | 10/15 | €463,517 | €467,165 | +€3,648 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €443,057 | €446,705 | +€3,648 | +0.8% |
| Provisions and deferred taxes | 16 | - | €25,000 | +€25,000 | |
| Provisions for liabilities and charges | 160/5 | - | €25,000 | +€25,000 | |
| Environmental obligations | 163 | - | €25,000 | +€25,000 | |
| Amounts payable | 17/49 | €588,724 | €696,299 | +€107,576 | +18.3% |
| Amounts payable after more than one year | 17 | €7,974 | €13,632 | +€5,658 | +70.9% |
| Financial debts | 170/4 | €1,285 | €13,632 | +€12,347 | +961% |
| Trade debts | 175 | €6,690 | - | -€6,690 | |
| Amounts payable within one year | 42/48 | €578,540 | €679,111 | +€100,571 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €60,261 | €30,729 | -€29,532 | -49.0% |
| Trade debts | 44 | €37,341 | €76,550 | +€39,209 | +105% |
| Suppliers | 440/4 | €37,341 | €76,550 | +€39,209 | +105% |
| Advances received on contracts in progress | 46 | €3,145 | - | -€3,145 | |
| Taxes, remuneration and social security | 45 | €66,923 | €103,894 | +€36,972 | +55.2% |
| Taxes | 450/3 | €21,532 | €45,616 | +€24,084 | +112% |
| Remuneration and social security | 454/9 | €45,390 | €58,279 | +€12,888 | +28.4% |
| Other amounts payable | 47/48 | €410,870 | €467,937 | +€57,067 | +13.9% |
| Accrued charges and deferred income | 492/3 | €2,209 | €3,556 | +€1,347 | +61.0% |
| Remuneration, social security and pensions | 62 | €428,392 | €528,734 | +€100,342 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,559 | €71,900 | -€5,659 | -7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €59,175 | +€59,175 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €25,000 | +€25,000 | |
| Other operating charges | 640/8 | €4,019 | €6,402 | +€2,383 | +59.3% |
| Gross operating margin | 9900 | €883,010 | €1,227,936 | +€344,926 | +39.1% |
| Operating profit (loss) | 9901 | €373,040 | €536,725 | +€163,686 | +43.9% |
| Financial income | 75/76B | €5,101 | €4,683 | -€418 | -8.2% |
| Recurring financial income | 75 | €5,101 | €4,683 | -€418 | -8.2% |
| Financial charges | 65/66B | €64,914 | €79,193 | +€14,278 | +22.0% |
| Recurring financial charges | 65 | €64,914 | €79,193 | +€14,278 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €313,227 | €462,216 | +€148,989 | +47.6% |
| Income taxes | 67/77 | €81,629 | €118,567 | +€36,939 | +45.3% |
| Profit (loss) for the period | 9904 | €231,598 | €343,648 | +€112,050 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €231,598 | €343,648 | +€112,050 | +48.4% |
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 16 October 2026 via checked.be.