ESD AQUATEC: 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.
ESD AQUATEC
Largest movements
- Receivables within one year -€19,769
down €19,769 (-94.7%), from €20,868 to €1,099
of which Trade receivables: -€19,769
- Tangible fixed assets -€8,133
down €8,133 (-24.5%), from €33,166 to €25,033
- Other debts -€27,986
down €27,986 (-35.3%), from €79,304 to €51,318
- Profit (loss) carried forward -€4,071
down €4,071 (-9.4%), from -€43,318 to -€47,389
- Tax, wage and social debts +€3,909
up €3,909 (+648%), from €603 to €4,513
of which Remuneration and social security: +€3,000
- Trade debts +€685
up €685 (+9.5%), from €7,176 to €7,861
- Gross operating margin -€22,900
down €22,900 (-73.5%), from €31,165 to €8,266
- Financial income -€6,321
down €6,321 (-99.9%), from €6,324 to €3
of which Non-recurring financial income: -€6,324
- Other operating charges +€2,533
up €2,533 (+156%), from €1,628 to €4,161
- Depreciation +€635
up €635 (+8.5%), from €7,498 to €8,133
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 | €56,166 | €28,703 | -€27,463 | -48.9% |
| Fixed assets | 21/28 | €33,284 | €25,151 | -€8,133 | -24.4% |
| Tangible fixed assets | 22/27 | €33,166 | €25,033 | -€8,133 | -24.5% |
| Furniture and vehicles | 24 | €33,166 | €25,033 | -€8,133 | -24.5% |
| Financial fixed assets | 28 | €118 | €118 | = | 0.0% |
| Current assets | 29/58 | €22,882 | €3,551 | -€19,330 | -84.5% |
| Amounts receivable within one year | 40/41 | €20,868 | €1,099 | -€19,769 | -94.7% |
| Trade receivables | 40 | €20,868 | €1,099 | -€19,769 | -94.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,013 | €2,452 | +€439 | +21.8% |
| Total equity and liabilities | 10/49 | €56,166 | €28,703 | -€27,463 | -48.9% |
| Equity | 10/15 | -€30,918 | -€34,989 | -€4,071 | -13.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,318 | -€47,389 | -€4,071 | -9.4% |
| Amounts payable | 17/49 | €87,083 | €63,691 | -€23,392 | -26.9% |
| Amounts payable within one year | 42/48 | €87,083 | €63,691 | -€23,392 | -26.9% |
| Trade debts | 44 | €7,176 | €7,861 | +€685 | +9.5% |
| Suppliers | 440/4 | €7,176 | €7,861 | +€685 | +9.5% |
| Taxes, remuneration and social security | 45 | €603 | €4,513 | +€3,909 | +648% |
| Taxes | 450/3 | €603 | €1,513 | +€909 | +151% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €79,304 | €51,318 | -€27,986 | -35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,498 | €8,133 | +€635 | +8.5% |
| Other operating charges | 640/8 | €1,628 | €4,161 | +€2,533 | +156% |
| Gross operating margin | 9900 | €31,165 | €8,266 | -€22,900 | -73.5% |
| Operating profit (loss) | 9901 | €22,040 | -€4,028 | -€26,068 | |
| Financial income | 75/76B | €6,324 | €3 | -€6,321 | -99.9% |
| Recurring financial income | 75 | €6,324 | €3 | -€6,321 | -99.9% |
| Non-recurring financial income | 76B | €6,324 | €0 | -€6,324 | -100% |
| Financial charges | 65/66B | €78 | €46 | -€32 | -40.5% |
| Recurring financial charges | 65 | €78 | €46 | -€32 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €28,286 | -€4,071 | -€32,357 | |
| Income taxes | 67/77 | -€158 | €0 | +€158 | |
| Profit (loss) for the period | 9904 | €28,444 | -€4,071 | -€32,515 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,444 | -€4,071 | -€32,515 |
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 20 October 2026 via checked.be.