L'aqueduc de Bacchus: what changed
L'aqueduc de Bacchus
Largest movements
- Stocks and contracts -€4,130
down €4,130 (-80.3%), from €5,141 to €1,012
- Tangible fixed assets -€2,847
down €2,847 (-22.4%), from €12,708 to €9,861
of which Plant, machinery and equipment: -€2,169
- Intangible fixed assets -€2,260
down €2,260 (-9.8%), from €23,005 to €20,746
- Cash +€769
up €769 (+32.3%), from €2,384 to €3,153
mainly Trade debts (+€10,976) and Depreciation (+€6,217)
- Profit (loss) carried forward -€20,855
down €20,855 (-38.0%), from -€54,910 to -€75,765
- Trade debts +€10,976
up €10,976 (+28.0%), from €39,195 to €50,171
- Other debts +€4,105
up €4,105 (+7.5%), from €54,896 to €59,001
- Tax, wage and social debts -€3,007
down €3,007 (-63.6%), from €4,731 to €1,724
of which Taxes: -€2,754
- Staff costs -€7,734
down €7,734 (-33.3%), from €23,217 to €15,483
- Gross operating margin -€7,469
down €7,469 (-75.8%), from €9,853 to €2,384
- Financial charges -€1,417
down €1,417 (-72.2%), from €1,961 to €545
- Depreciation +€458
up €458 (+8.0%), from €5,759 to €6,217
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 | €48,913 | €40,131 | -€8,782 | -18.0% |
| Fixed assets | 21/28 | €40,013 | €34,906 | -€5,107 | -12.8% |
| Intangible fixed assets | 21 | €23,005 | €20,746 | -€2,260 | -9.8% |
| Tangible fixed assets | 22/27 | €12,708 | €9,861 | -€2,847 | -22.4% |
| Plant, machinery and equipment | 23 | €11,366 | €9,196 | -€2,169 | -19.1% |
| Furniture and vehicles | 24 | €1,342 | €664 | -€678 | -50.5% |
| Financial fixed assets | 28 | €4,300 | €4,300 | = | 0.0% |
| Current assets | 29/58 | €8,899 | €5,225 | -€3,674 | -41.3% |
| Stocks and contracts in progress | 3 | €5,141 | €1,012 | -€4,130 | -80.3% |
| Stocks | 30/36 | €5,141 | €1,012 | -€4,130 | -80.3% |
| Amounts receivable within one year | 40/41 | €920 | €627 | -€294 | -31.9% |
| Trade receivables | 40 | €920 | €627 | -€294 | -31.9% |
| Cash at bank and in hand | 54/58 | €2,384 | €3,153 | +€769 | +32.3% |
| Deferred charges and accrued income | 490/1 | €454 | €434 | -€20 | -4.4% |
| Total equity and liabilities | 10/49 | €48,913 | €40,131 | -€8,782 | -18.0% |
| Equity | 10/15 | -€49,910 | -€70,765 | -€20,855 | -41.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,910 | -€75,765 | -€20,855 | -38.0% |
| Amounts payable | 17/49 | €98,822 | €110,896 | +€12,073 | +12.2% |
| Amounts payable within one year | 42/48 | €98,822 | €110,896 | +€12,073 | +12.2% |
| Trade debts | 44 | €39,195 | €50,171 | +€10,976 | +28.0% |
| Suppliers | 440/4 | €39,195 | €50,171 | +€10,976 | +28.0% |
| Taxes, remuneration and social security | 45 | €4,731 | €1,724 | -€3,007 | -63.6% |
| Taxes | 450/3 | €3,978 | €1,224 | -€2,754 | -69.2% |
| Remuneration and social security | 454/9 | €753 | €500 | -€253 | -33.6% |
| Other amounts payable | 47/48 | €54,896 | €59,001 | +€4,105 | +7.5% |
| Remuneration, social security and pensions | 62 | €23,217 | €15,483 | -€7,734 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,759 | €6,217 | +€458 | +8.0% |
| Other operating charges | 640/8 | €1,138 | €1,072 | -€66 | -5.8% |
| Gross operating margin | 9900 | €9,853 | €2,384 | -€7,469 | -75.8% |
| Operating profit (loss) | 9901 | -€20,262 | -€20,389 | -€127 | -0.6% |
| Financial income | 75/76B | €0 | €79 | +€79 | +261,667% |
| Recurring financial income | 75 | €0 | €79 | +€79 | +261,667% |
| Financial charges | 65/66B | €1,961 | €545 | -€1,417 | -72.2% |
| Recurring financial charges | 65 | €1,961 | €545 | -€1,417 | -72.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,223 | -€20,855 | +€1,368 | +6.2% |
| Profit (loss) for the period | 9904 | -€22,223 | -€20,855 | +€1,368 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,223 | -€20,855 | +€1,368 | +6.2% |
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 5 November 2026 via checked.be.