AQUILAVISION: 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.
AQUILAVISION
Largest movements
- Tangible fixed assets -€16,888
down €16,888 (-20.2%), from €83,406 to €66,519
- Receivables within one year -€14,448
down €14,448 (-38.0%), from €38,031 to €23,583
of which Other amounts receivable: -€16,882
- Deferred charges and accrued income +€2,379
up €2,379 (+954%), from €249 to €2,629
- Profit (loss) carried forward -€15,727
down €15,727 (-108%), from -€14,556 to -€30,283
- Debts after one year -€7,947
down €7,947 (-17.8%), from €44,624 to €36,677
- Trade debts -€5,242
down €5,242 (-25.5%), from €20,540 to €15,298
- Depreciation -€2,526
down €2,526 (-16.5%), from €15,298 to €12,772
- Gross operating margin +€2,202
up €2,202 (+34.6%), from €6,362 to €8,564
- Financial income -€2,136
down €2,136 (-99.9%), from €2,138 to €2
- Other operating charges +€2,093
up €2,093 (+270%), from €774 to €2,867
- Financial charges +€1,664
up €1,664 (+24.8%), from €6,705 to €8,369
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 | €125,144 | €96,064 | -€29,081 | -23.2% |
| Fixed assets | 21/28 | €83,406 | €66,519 | -€16,888 | -20.2% |
| Tangible fixed assets | 22/27 | €83,406 | €66,519 | -€16,888 | -20.2% |
| Plant, machinery and equipment | 23 | €18,021 | €13,683 | -€4,338 | -24.1% |
| Furniture and vehicles | 24 | €5,718 | €1,238 | -€4,480 | -78.3% |
| Other tangible fixed assets | 26 | €59,668 | €51,598 | -€8,070 | -13.5% |
| Current assets | 29/58 | €41,738 | €29,545 | -€12,193 | -29.2% |
| Stocks and contracts in progress | 3 | €700 | €700 | = | 0.0% |
| Stocks | 30/36 | €700 | €700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,031 | €23,583 | -€14,448 | -38.0% |
| Trade receivables | 40 | €14,686 | €17,119 | +€2,433 | +16.6% |
| Other amounts receivable | 41 | €23,345 | €6,464 | -€16,882 | -72.3% |
| Cash at bank and in hand | 54/58 | €2,758 | €2,634 | -€124 | -4.5% |
| Deferred charges and accrued income | 490/1 | €249 | €2,629 | +€2,379 | +954% |
| Total equity and liabilities | 10/49 | €125,144 | €96,064 | -€29,081 | -23.2% |
| Equity | 10/15 | €32,881 | €17,154 | -€15,727 | -47.8% |
| Contributions | 10/11 | €18,620 | €18,620 | = | 0.0% |
| Reserves | 13 | €28,817 | €28,817 | = | 0.0% |
| Distributable reserves | 133 | €28,817 | €28,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,556 | -€30,283 | -€15,727 | -108% |
| Amounts payable | 17/49 | €92,263 | €78,910 | -€13,353 | -14.5% |
| Amounts payable after more than one year | 17 | €44,624 | €36,677 | -€7,947 | -17.8% |
| Financial debts | 170/4 | €44,624 | €36,677 | -€7,947 | -17.8% |
| Amounts payable within one year | 42/48 | €47,639 | €42,233 | -€5,406 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €7,294 | €7,947 | +€653 | +8.9% |
| Financial debts | 43 | €6,068 | €5,968 | -€100 | -1.6% |
| Credit institutions | 430/8 | €6,068 | €5,968 | -€100 | -1.6% |
| Trade debts | 44 | €20,540 | €15,298 | -€5,242 | -25.5% |
| Suppliers | 440/4 | €20,540 | €15,298 | -€5,242 | -25.5% |
| Taxes, remuneration and social security | 45 | €13,737 | €13,020 | -€717 | -5.2% |
| Taxes | 450/3 | €11,523 | €13,020 | +€1,497 | +13.0% |
| Remuneration and social security | 454/9 | €2,214 | - | -€2,214 | |
| Non-recurring operating income | 76A | €1,418 | €4,904 | +€3,486 | +246% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,298 | €12,772 | -€2,526 | -16.5% |
| Other operating charges | 640/8 | €774 | €2,867 | +€2,093 | +270% |
| Gross operating margin | 9900 | €6,362 | €8,564 | +€2,202 | +34.6% |
| Operating profit (loss) | 9901 | -€9,710 | -€7,074 | +€2,636 | +27.1% |
| Financial income | 75/76B | €2,138 | €2 | -€2,136 | -99.9% |
| Recurring financial income | 75 | €2,138 | €2 | -€2,136 | -99.9% |
| Financial charges | 65/66B | €6,705 | €8,369 | +€1,664 | +24.8% |
| Recurring financial charges | 65 | €6,705 | €8,369 | +€1,664 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,277 | -€15,441 | -€1,165 | -8.2% |
| Income taxes | 67/77 | €279 | €286 | +€7 | +2.5% |
| Profit (loss) for the period | 9904 | -€14,556 | -€15,727 | -€1,172 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,556 | -€15,727 | -€1,172 | -8.0% |
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 26 October 2026 via checked.be.