AQUILA: 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.
AQUILA
Largest movements
- Cash -€78,456
down €78,456 (-59.3%), from €132,276 to €53,820
mainly Net result for the year (-€76,323) and Deferred charges and accrued income (-€12,588)
- Deferred charges and accrued income +€12,588
up €12,588 (+79.6%), from €15,813 to €28,400
- Receivables within one year -€5,030
down €5,030 (-100.0%), from €5,030 to €0
of which Trade receivables: -€5,030
- Profit (loss) carried forward -€76,323
down €76,323 (-80.4%), from €94,973 to €18,650
- Tax, wage and social debts +€6,320
up €6,320 (+41.3%), from €15,312 to €21,632
- Purchases and services +€101,388
up €101,388 (+74.7%), from €135,742 to €237,129
- Gross operating margin -€92,156
down €92,156, from €30,350 to -€61,806
- Taxes -€10,000
down €10,000 (-66.7%), from €15,000 to €5,000
- Turnover +€7,903
up €7,903 (+5.0%), from €157,841 to €165,744
- Depreciation -€4,717
down €4,717 (-32.6%), from €14,453 to €9,736
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 | €243,316 | €171,954 | -€71,362 | -29.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €90,197 | €89,734 | -€464 | -0.5% |
| Tangible fixed assets | 22/27 | €6,645 | €6,181 | -€464 | -7.0% |
| Furniture and vehicles | 24 | €2,145 | €848 | -€1,297 | -60.5% |
| Other tangible fixed assets | 26 | €4,500 | €5,333 | +€833 | +18.5% |
| Financial fixed assets | 28 | €83,553 | €83,553 | = | 0.0% |
| Current assets | 29/58 | €153,119 | €82,221 | -€70,898 | -46.3% |
| Amounts receivable within one year | 40/41 | €5,030 | €0 | -€5,030 | -100.0% |
| Trade receivables | 40 | €5,030 | €0 | -€5,030 | -100.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €132,276 | €53,820 | -€78,456 | -59.3% |
| Deferred charges and accrued income | 490/1 | €15,813 | €28,400 | +€12,588 | +79.6% |
| Total equity and liabilities | 10/49 | €243,316 | €171,954 | -€71,362 | -29.3% |
| Equity | 10/15 | €226,645 | €150,322 | -€76,323 | -33.7% |
| Reserves | 13 | €131,672 | €131,672 | = | 0.0% |
| Distributable reserves | 133 | €131,672 | €131,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,973 | €18,650 | -€76,323 | -80.4% |
| Amounts payable | 17/49 | €16,671 | €21,632 | +€4,961 | +29.8% |
| Amounts payable within one year | 42/48 | €16,671 | €21,632 | +€4,961 | +29.8% |
| Trade debts | 44 | €1,359 | €0 | -€1,359 | -100.0% |
| Suppliers | 440/4 | €1,359 | - | -€1,359 | |
| Taxes, remuneration and social security | 45 | €15,312 | €21,632 | +€6,320 | +41.3% |
| Taxes | 450/3 | €15,312 | €21,632 | +€6,320 | +41.3% |
| Turnover | 70 | €157,841 | €165,744 | +€7,903 | +5.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €135,742 | €237,129 | +€101,388 | +74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,453 | €9,736 | -€4,717 | -32.6% |
| Other operating charges | 640/8 | €739 | €400 | -€339 | -45.9% |
| Gross operating margin | 9900 | €30,350 | -€61,806 | -€92,156 | |
| Operating profit (loss) | 9901 | €15,158 | -€71,941 | -€87,099 | |
| Financial income | 75/76B | €688 | €799 | +€111 | +16.1% |
| Recurring financial income | 75 | €688 | €799 | +€111 | +16.1% |
| Financial charges | 65/66B | €684 | €181 | -€504 | -73.6% |
| Recurring financial charges | 65 | €684 | €181 | -€504 | -73.6% |
| Profit (loss) for the period before taxes | 9903 | €15,162 | -€71,323 | -€86,485 | |
| Income taxes | 67/77 | €15,000 | €5,000 | -€10,000 | -66.7% |
| Profit (loss) for the period | 9904 | €162 | -€76,323 | -€76,485 | |
| Profit (loss) for the period to be appropriated | 9905 | €162 | -€76,323 | -€76,485 |
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 12 October 2026 via checked.be.