Well-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.
Well-Aqua
Largest movements
- Receivables within one year -€13,277
down €13,277 (-61.3%), from €21,644 to €8,367
- Stocks and contracts -€7,135
down €7,135 (-58.5%), from €12,205 to €5,069
- Cash +€7,066
up €7,066 (+5.9%), from €120,064 to €127,130
mainly Receivables within one year (+€13,277) and Trade debts (+€11,654)
- Current investments +€5,202
up €5,202 (+21.4%), from €24,295 to €29,497
- Reserves -€14,939
down €14,939 (-16.6%), from €90,087 to €75,147
- Other debts -€12,125
down €12,125 (-32.5%), from €37,360 to €25,235
- Trade debts +€11,654
up €11,654 (+46.5%), from €25,050 to €36,703
- Tax, wage and social debts +€4,427
up €4,427 (+16.5%), from €26,897 to €31,324
of which Remuneration and social security: +€3,574
- Gross operating margin -€5,334
down €5,334 (-6.5%), from €81,980 to €76,645
- Write-downs +€2,541
new in 2025: €2,541
- Taxes -€1,951
down €1,951 (-45.8%), from €4,259 to €2,308
- Staff costs -€935
down €935 (-1.4%), from €64,737 to €63,802
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 | €185,428 | €174,445 | -€10,983 | -5.9% |
| Fixed assets | 21/28 | €3,133 | €1,514 | -€1,619 | -51.7% |
| Tangible fixed assets | 22/27 | €3,133 | €1,514 | -€1,619 | -51.7% |
| Plant, machinery and equipment | 23 | €1,036 | €594 | -€442 | -42.7% |
| Furniture and vehicles | 24 | €1,396 | €610 | -€786 | -56.3% |
| Other tangible fixed assets | 26 | €701 | €310 | -€391 | -55.7% |
| Current assets | 29/58 | €182,296 | €172,931 | -€9,364 | -5.1% |
| Stocks and contracts in progress | 3 | €12,205 | €5,069 | -€7,135 | -58.5% |
| Stocks | 30/36 | €12,205 | €5,069 | -€7,135 | -58.5% |
| Amounts receivable within one year | 40/41 | €21,644 | €8,367 | -€13,277 | -61.3% |
| Trade receivables | 40 | €21,644 | €8,367 | -€13,277 | -61.3% |
| Current investments | 50/53 | €24,295 | €29,497 | +€5,202 | +21.4% |
| Cash at bank and in hand | 54/58 | €120,064 | €127,130 | +€7,066 | +5.9% |
| Deferred charges and accrued income | 490/1 | €4,088 | €2,868 | -€1,220 | -29.8% |
| Total equity and liabilities | 10/49 | €185,428 | €174,445 | -€10,983 | -5.9% |
| Equity | 10/15 | €96,123 | €81,183 | -€14,939 | -15.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,087 | €75,147 | -€14,939 | -16.6% |
| Distributable reserves | 133 | €90,087 | €75,147 | -€14,939 | -16.6% |
| Profit (loss) carried forward | 14 | -€164 | -€164 | = | 0.0% |
| Amounts payable | 17/49 | €89,306 | €93,262 | +€3,956 | +4.4% |
| Amounts payable within one year | 42/48 | €89,306 | €93,262 | +€3,956 | +4.4% |
| Trade debts | 44 | €25,050 | €36,703 | +€11,654 | +46.5% |
| Suppliers | 440/4 | €25,050 | €36,703 | +€11,654 | +46.5% |
| Taxes, remuneration and social security | 45 | €26,897 | €31,324 | +€4,427 | +16.5% |
| Taxes | 450/3 | €22,839 | €23,693 | +€853 | +3.7% |
| Remuneration and social security | 454/9 | €4,057 | €7,631 | +€3,574 | +88.1% |
| Other amounts payable | 47/48 | €37,360 | €25,235 | -€12,125 | -32.5% |
| Remuneration, social security and pensions | 62 | €64,737 | €63,802 | -€935 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,071 | €1,619 | -€452 | -21.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,541 | +€2,541 | |
| Other operating charges | 640/8 | €1,483 | €1,563 | +€79 | +5.3% |
| Gross operating margin | 9900 | €81,980 | €76,645 | -€5,334 | -6.5% |
| Operating profit (loss) | 9901 | €13,688 | €7,120 | -€6,567 | -48.0% |
| Financial income | 75/76B | €1,310 | €559 | -€751 | -57.3% |
| Recurring financial income | 75 | €1,310 | €559 | -€751 | -57.3% |
| Financial charges | 65/66B | €129 | €119 | -€10 | -7.6% |
| Recurring financial charges | 65 | €129 | €119 | -€10 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €14,869 | €7,560 | -€7,309 | -49.2% |
| Income taxes | 67/77 | €4,259 | €2,308 | -€1,951 | -45.8% |
| Profit (loss) for the period | 9904 | €10,609 | €5,252 | -€5,358 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,609 | €5,252 | -€5,358 | -50.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.