L'Eau vive: what changed
Two fiscal 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.
L'Eau vive
Largest movements
- Current investments +€150,000
up €150,000 (+300.0%), from €50,000 to €200,000
- Cash -€73,718
down €73,718 (-13.4%), from €548,592 to €474,874
mainly Current investments (-€150,000) and Accrued charges and deferred income (-€96,821)
- Receivables within one year -€15,365
down €15,365 (-12.7%), from €120,713 to €105,348
- Debts within one year +€160,849
up €160,849 (+58.2%), from €276,301 to €437,150
- Accrued charges and deferred income -€96,821
down €96,821 (-99.6%), from €97,194 to €373
- Gross operating margin +€36,673
up €36,673 (+3.3%), from €1.1m to €1.1m
- Staff costs +€23,188
up €23,188 (+2.1%), from €1.1m to €1.1m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €908,450 | €961,370 | +€52,920 | +5.8% |
| Fixed assets | 21/28 | €179,325 | €173,504 | -€5,821 | -3.2% |
| Tangible fixed assets | 22/27 | €179,325 | €173,504 | -€5,821 | -3.2% |
| Land and buildings | 22 | €94,380 | €89,499 | -€4,881 | -5.2% |
| Plant, machinery and equipment | 23 | €66,773 | €71,787 | +€5,014 | +7.5% |
| Furniture and vehicles | 24 | €18,172 | €12,218 | -€5,954 | -32.8% |
| Current assets | 29/58 | €729,125 | €787,866 | +€58,741 | +8.1% |
| Amounts receivable within one year | 40/41 | €120,713 | €105,348 | -€15,365 | -12.7% |
| Other amounts receivable | 41 | €120,713 | €105,348 | -€15,365 | -12.7% |
| Current investments | 50/53 | €50,000 | €200,000 | +€150,000 | +300.0% |
| Cash at bank and in hand | 54/58 | €548,592 | €474,874 | -€73,718 | -13.4% |
| Deferred charges and accrued income | 490/1 | €9,820 | €7,644 | -€2,176 | -22.2% |
| Total equity and liabilities | 10/49 | €908,450 | €961,370 | +€52,920 | +5.8% |
| Equity | 10/15 | €531,955 | €523,847 | -€8,108 | -1.5% |
| Contributions | 10/11 | €206,228 | €206,227 | -€1 | 0.0% |
| Capital | 10 | €206,228 | €206,227 | -€1 | 0.0% |
| Profit (loss) carried forward | 14 | €297,196 | €291,322 | -€5,874 | -2.0% |
| Investment grants | 15 | €28,531 | €26,298 | -€2,233 | -7.8% |
| Amounts payable | 17/49 | €376,495 | €437,523 | +€61,028 | +16.2% |
| Amounts payable after more than one year | 17 | €3,000 | - | -€3,000 | |
| Other amounts payable | 178/9 | €3,000 | - | -€3,000 | |
| Amounts payable within one year | 42/48 | €276,301 | €437,150 | +€160,849 | +58.2% |
| Current portion of amounts payable after more than one year | 42 | €3,000 | €3,000 | = | 0.0% |
| Trade debts | 44 | €21,018 | €9,381 | -€11,637 | -55.4% |
| Suppliers | 440/4 | €21,018 | €9,381 | -€11,637 | -55.4% |
| Taxes, remuneration and social security | 45 | €153,443 | €154,107 | +€664 | +0.4% |
| Taxes | 450/3 | €21,296 | €23,477 | +€2,181 | +10.2% |
| Remuneration and social security | 454/9 | €132,147 | €130,630 | -€1,517 | -1.1% |
| Accrued charges and deferred income | 492/3 | €97,194 | €373 | -€96,821 | -99.6% |
| Non-recurring operating income | 76A | - | €140 | +€140 | |
| Remuneration, social security and pensions | 62 | €1,109,263 | €1,132,451 | +€23,188 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,529 | €25,686 | +€2,157 | +9.2% |
| Other operating charges | 640/8 | €2,003 | €1,181 | -€822 | -41.0% |
| Gross operating margin | 9900 | €1,112,313 | €1,148,986 | +€36,673 | +3.3% |
| Operating profit (loss) | 9901 | -€22,482 | -€10,332 | +€12,150 | +54.0% |
| Financial income | 75/76B | €1,680 | €4,523 | +€2,843 | +169.2% |
| Recurring financial income | 75 | €1,680 | €4,523 | +€2,843 | +169.2% |
| Financial charges | 65/66B | €61 | €65 | +€4 | +6.6% |
| Recurring financial charges | 65 | €61 | €65 | +€4 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,863 | -€5,874 | +€14,989 | +71.8% |
| Profit (loss) for the period | 9904 | -€20,863 | -€5,874 | +€14,989 | +71.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,863 | -€5,874 | +€14,989 | +71.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.