Aquila Ventures: what changed
Aquila Ventures
Largest movements
- Cash +€94,658
up €94,658 (+482%), from €19,630 to €114,288
mainly Net result for the year (+€53,722) and Depreciation (+€20,518)
- Tangible fixed assets -€15,499
down €15,499 (-16.0%), from €96,953 to €81,454
of which Furniture and vehicles: -€17,622
- Receivables within one year -€7,484
down €7,484 (-18.2%), from €41,108 to €33,624
of which Other amounts receivable: -€12,614
- Profit (loss) carried forward +€53,722
up €53,722 (+80.2%), from -€67,012 to -€13,290
- Tax, wage and social debts +€10,526
up €10,526 (+209%), from €5,038 to €15,563
- Trade debts +€5,201
up €5,201 (+84.4%), from €6,161 to €11,362
- Other debts +€2,675
up €2,675 (+1.4%), from €187,678 to €190,354
- Gross operating margin +€83,096
up €83,096, from -€4,574 to €78,522
- Depreciation +€17,664
up €17,664 (+619%), from €2,854 to €20,518
- Taxes +€3,120
up €3,120 (+3,035%), from €103 to €3,223
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,327 | €232,451 | +€72,125 | +45.0% |
| Fixed assets | 21/28 | €96,953 | €81,454 | -€15,499 | -16.0% |
| Tangible fixed assets | 22/27 | €96,953 | €81,454 | -€15,499 | -16.0% |
| Plant, machinery and equipment | 23 | - | €2,122 | +€2,122 | |
| Furniture and vehicles | 24 | €96,953 | €79,331 | -€17,622 | -18.2% |
| Current assets | 29/58 | €63,374 | €150,998 | +€87,624 | +138% |
| Amounts receivable within one year | 40/41 | €41,108 | €33,624 | -€7,484 | -18.2% |
| Trade receivables | 40 | €28,435 | €33,565 | +€5,130 | +18.0% |
| Other amounts receivable | 41 | €12,673 | €59 | -€12,614 | -99.5% |
| Cash at bank and in hand | 54/58 | €19,630 | €114,288 | +€94,658 | +482% |
| Deferred charges and accrued income | 490/1 | €2,636 | €3,086 | +€450 | +17.1% |
| Total equity and liabilities | 10/49 | €160,327 | €232,451 | +€72,125 | +45.0% |
| Equity | 10/15 | -€38,550 | €15,172 | +€53,722 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €26,462 | €26,462 | = | 0.0% |
| Distributable reserves | 133 | €26,462 | €26,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,012 | -€13,290 | +€53,722 | +80.2% |
| Amounts payable | 17/49 | €198,877 | €217,279 | +€18,402 | +9.3% |
| Amounts payable within one year | 42/48 | €198,877 | €217,279 | +€18,402 | +9.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,161 | €11,362 | +€5,201 | +84.4% |
| Suppliers | 440/4 | €6,161 | €11,362 | +€5,201 | +84.4% |
| Taxes, remuneration and social security | 45 | €5,038 | €15,563 | +€10,526 | +209% |
| Taxes | 450/3 | €5,038 | €15,563 | +€10,526 | +209% |
| Other amounts payable | 47/48 | €187,678 | €190,354 | +€2,675 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,854 | €20,518 | +€17,664 | +619% |
| Other operating charges | 640/8 | €528 | €717 | +€189 | +35.9% |
| Gross operating margin | 9900 | -€4,574 | €78,522 | +€83,096 | |
| Operating profit (loss) | 9901 | -€7,956 | €57,286 | +€65,242 | |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €440 | €356 | -€84 | -19.1% |
| Recurring financial charges | 65 | €440 | €356 | -€84 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,396 | €56,945 | +€65,341 | |
| Income taxes | 67/77 | €103 | €3,223 | +€3,120 | +3,035% |
| Profit (loss) for the period | 9904 | -€8,498 | €53,722 | +€62,221 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,498 | €53,722 | +€62,221 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.