BL Aqua: 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.
BL Aqua
Largest movements
- Receivables within one year -€12,134
down €12,134 (-73.2%), from €16,587 to €4,453
of which Trade receivables: -€8,547
- Cash +€7,860
up €7,860 (+50.6%), from €15,523 to €23,383
mainly Receivables within one year (+€12,134) and Other debts (+€3,159)
- Stocks and contracts +€634
up €634 (+67.7%), from €936 to €1,570
- Trade debts -€5,622
down €5,622 (-97.5%), from €5,767 to €145
- Other debts +€3,159
up €3,159 (+331%), from €956 to €4,114
- Profit (loss) carried forward -€1,245
down €1,245 (-21.5%), from €5,778 to €4,533
- Gross operating margin -€15,048
down €15,048 (-77.0%), from €19,551 to €4,502
- Staff costs -€4,092
down €4,092 (-46.2%), from €8,860 to €4,768
- Other operating charges -€1,875
down €1,875 (-79.9%), from €2,346 to €471
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 | €33,820 | €30,380 | -€3,440 | -10.2% |
| Fixed assets | 21/28 | €662 | €974 | +€312 | +47.0% |
| Tangible fixed assets | 22/27 | €662 | €974 | +€312 | +47.0% |
| Plant, machinery and equipment | 23 | - | €974 | +€974 | |
| Furniture and vehicles | 24 | €662 | €0 | -€662 | -100% |
| Current assets | 29/58 | €33,158 | €29,407 | -€3,751 | -11.3% |
| Stocks and contracts in progress | 3 | €936 | €1,570 | +€634 | +67.7% |
| Stocks | 30/36 | €936 | €1,570 | +€634 | +67.7% |
| Amounts receivable within one year | 40/41 | €16,587 | €4,453 | -€12,134 | -73.2% |
| Trade receivables | 40 | €11,909 | €3,362 | -€8,547 | -71.8% |
| Other amounts receivable | 41 | €4,678 | €1,091 | -€3,587 | -76.7% |
| Cash at bank and in hand | 54/58 | €15,523 | €23,383 | +€7,860 | +50.6% |
| Deferred charges and accrued income | 490/1 | €112 | €0 | -€112 | -100% |
| Total equity and liabilities | 10/49 | €33,820 | €30,380 | -€3,440 | -10.2% |
| Equity | 10/15 | €26,183 | €24,938 | -€1,245 | -4.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | - | -€18,550 | |
| Issued capital | 100 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | €5,778 | €4,533 | -€1,245 | -21.5% |
| Amounts payable | 17/49 | €7,637 | €5,442 | -€2,194 | -28.7% |
| Amounts payable within one year | 42/48 | €7,637 | €5,442 | -€2,194 | -28.7% |
| Trade debts | 44 | €5,767 | €145 | -€5,622 | -97.5% |
| Suppliers | 440/4 | €5,767 | €145 | -€5,622 | -97.5% |
| Taxes, remuneration and social security | 45 | €914 | €1,182 | +€268 | +29.4% |
| Taxes | 450/3 | €57 | €57 | = | 0.0% |
| Remuneration and social security | 454/9 | €857 | €1,125 | +€268 | +31.3% |
| Other amounts payable | 47/48 | €956 | €4,114 | +€3,159 | +331% |
| Remuneration, social security and pensions | 62 | €8,860 | €4,768 | -€4,092 | -46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €787 | €747 | -€40 | -5.1% |
| Other operating charges | 640/8 | €2,346 | €471 | -€1,875 | -79.9% |
| Gross operating margin | 9900 | €19,551 | €4,502 | -€15,048 | -77.0% |
| Operating profit (loss) | 9901 | €7,557 | -€1,484 | -€9,041 | |
| Financial income | 75/76B | €271 | €363 | +€92 | +34.0% |
| Recurring financial income | 75 | €271 | €363 | +€92 | +34.0% |
| Financial charges | 65/66B | €125 | €125 | +€0 | 0.0% |
| Recurring financial charges | 65 | €125 | €125 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,704 | -€1,245 | -€8,949 | |
| Profit (loss) for the period | 9904 | €7,704 | -€1,245 | -€8,949 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,704 | -€1,245 | -€8,949 |
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 13 October 2026 via checked.be.