Aquinas: 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.
Aquinas
Largest movements
- Cash +€11,091
up €11,091 (+142.5%), from €7,785 to €18,875
mainly Net result for the year (+€15,326) and Other debts (+€7,017)
- Receivables within one year +€1,487
up €1,487 (+7.5%), from €19,701 to €21,188
of which Other amounts receivable: +€2,717
- Other debts +€7,017
up €7,017 (+70.5%), from €9,950 to €16,967
- Tax, wage and social debts +€5,190
up €5,190 (+4731.2%), from €110 to €5,299
- Gross operating margin +€12,866
up €12,866 (+146.8%), from €8,765 to €21,631
- Taxes +€3,828
up €3,828 (+225.1%), from €1,701 to €5,529
- Depreciation -€309
down €309 (-92.6%), from €334 to €25
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 | €27,592 | €40,147 | +€12,554 | +45.5% |
| Fixed assets | 21/28 | €25 | €0 | -€25 | -100.0% |
| Tangible fixed assets | 22/27 | €25 | €0 | -€25 | -100.0% |
| Plant, machinery and equipment | 23 | €25 | €0 | -€25 | -100.0% |
| Current assets | 29/58 | €27,568 | €40,147 | +€12,579 | +45.6% |
| Amounts receivable within one year | 40/41 | €19,701 | €21,188 | +€1,487 | +7.5% |
| Trade receivables | 40 | €14,608 | €13,378 | -€1,230 | -8.4% |
| Other amounts receivable | 41 | €5,093 | €7,810 | +€2,717 | +53.4% |
| Cash at bank and in hand | 54/58 | €7,785 | €18,875 | +€11,091 | +142.5% |
| Deferred charges and accrued income | 490/1 | €82 | €84 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €27,592 | €40,147 | +€12,554 | +45.5% |
| Equity | 10/15 | €16,933 | €17,259 | +€326 | +1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,673 | €2,999 | +€326 | +12.2% |
| Amounts payable | 17/49 | €10,660 | €22,888 | +€12,228 | +114.7% |
| Amounts payable within one year | 42/48 | €10,660 | €22,888 | +€12,228 | +114.7% |
| Trade debts | 44 | €600 | €621 | +€21 | +3.6% |
| Suppliers | 440/4 | €600 | €621 | +€21 | +3.6% |
| Taxes, remuneration and social security | 45 | €110 | €5,299 | +€5,190 | +4731.2% |
| Taxes | 450/3 | €110 | €5,299 | +€5,190 | +4731.2% |
| Other amounts payable | 47/48 | €9,950 | €16,967 | +€7,017 | +70.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €334 | €25 | -€309 | -92.6% |
| Other operating charges | 640/8 | €494 | €544 | +€50 | +10.2% |
| Gross operating margin | 9900 | €8,765 | €21,631 | +€12,866 | +146.8% |
| Operating profit (loss) | 9901 | €7,937 | €21,062 | +€13,125 | +165.4% |
| Financial income | 75/76B | - | €123 | +€123 | |
| Recurring financial income | 75 | - | €123 | +€123 | |
| Financial charges | 65/66B | €269 | €330 | +€61 | +22.7% |
| Recurring financial charges | 65 | €269 | €330 | +€61 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €7,669 | €20,855 | +€13,187 | +172.0% |
| Income taxes | 67/77 | €1,701 | €5,529 | +€3,828 | +225.1% |
| Profit (loss) for the period | 9904 | €5,968 | €15,326 | +€9,359 | +156.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,968 | €15,326 | +€9,359 | +156.8% |
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.