Aquila, a leading provider of integrated distribution, logistics, and transport solutions for consumer goods, is listed on the Bucharest Stock Exchange. As part of EU regulatory obligations, the company was required to submit its annual financial reports in the European Single Electronic Format (ESEF), a process that proved complex due to evolving taxonomies, stringent validation rules, and tight reporting timelines.
To ensure full compliance, Aquila partnered with Inulta, selecting a team of IFRS-trained experts and leveraging Seahorse, a cloud-based iXBRL solution developed by CoreFiling. The collaboration enabled our customer to switch from a manual, time-consuming process to a repeatable, automated system for ESEF reporting.
Inulta guided Aquila through the entire process, from taxonomy mapping to final validation, enabling accurate tagging, audit-ready output, and alignment with regulatory requirements across the EU. This resulted in a flexible, sustainable solution that not only ensured compliance but also laid the foundation for future ESG reporting mandates.
Inulta helped AQUILA transform its ESEF reporting with:
- ESEF-compliant XHTML and iXBRL documents
- Accurate tagging of primary financials and notes
- Block tagging for detailed disclosures
- Seamless reuse of tags from previous years
- Cloud-based solution for real-time collaboration
- Full validation prior to submission
- Auditor-ready output with minimal manual intervention
Highlights:
- 100% ESEF compliance with XHTML and iXBRL reports
- Fully validated, auditor-approved output
- Reduced preparation time through tag reuse
- Block tagging enabled deeper disclosure clarity
- Adaptable to last-minute auditor adjustments
Download the full case study to see how Aquila achieved fast, flexible ESEF compliance with Inulta.
