AQUARREA
ActiveSummary
The computed 12-month bankruptcy probability of AQUARREA is 1.7% (moderate). The 2025 annual accounts show equity of €22k and a net result of €2k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 25% of 27786 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-3
Solvency49▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.32 in 2024; short-term debt: 76% and cash: 70.2% of total assets), and 76% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
45 d early
2024
73 d early
2023
56 d early
2022
60 d early
2021
75 d early
2020
47 d early
2019
67 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€344k
EBIT margin
11.5%
Net result
€2k▼ 54.4%
2024 · €4k
2019: €4k
2020: €-671
2021: €30k
2022: €11k
2023: €23k
2024: €4k
2019 → 2025
Working capital
€18k▼ 13.5%
2024 · €21k
2019: €9k
2020: €8k
2021: €22k
2022: €46k
2023: €31k
2024: €21k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€344k-
Equity€10k-€21k▲ 117%€26k▲ 24.7%€20k▼ 24.0%€22k▲ 8.6%
Operating result€40k-€15k▼ 61.4%€32k▲ 107%€6k▼ 81.2%€3k▼ 45.6%
Net result€30k-€11k▼ 62.0%€23k▲ 102%€4k▼ 83.6%€2k▼ 54.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 46% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€3k ▼ 45.4%
Current assets
€86k ▼ 1.8%
Equity and liabilities €89k
Equity
€22k ▲ 8.6%
Debt
€68k ▼ 8.0%
Debt's share of the balance-sheet total falls from 78.9% to 76.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €8k
Cash flow
€4k▼
2024 · €6k
Current ratio
1.27▼
2024 · 1.32
Quick ratio
1.08▼
2024 · 1.28
Debt to equity
3.16▼
2024 · 3.73
ROE
7.9%▼
2024 · 18.9%
ROA
1.9%▼
2024 · 4.0%
Interest coverage
18.78▼
2024 · 29.62
Debt ≤ 1 year
€68k▲
2024 · €67k
Income taxes
€2k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€94k€89k▼
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€88k€86k▼
Stocks and contracts in progress3€3k€13k▲
Stocks30/36€3k€13k▲
Amounts receivable within one year40/41€26k€10k▼
Trade receivables40€16k€7k▼
Other amounts receivable41€10k€4k▼
Cash at bank and in hand54/58€59k€63k▲
Deferred charges and accrued income490/1€172€135▼
Equity and liabilities
Total equity and liabilities10/49€94k€89k▼
Equity10/15€20k€22k▲
Contributions10/11€19k€19k=
Reserves13€227€243▲
Tax-exempt reserves132-€16
Distributable reserves133€227€227=
Profit (loss) carried forward14€971€3k▲
Amounts payable17/49€74k€68k▼
Amounts payable within one year42/48€67k€68k▲
Current portion of amounts payable after more than one year42€5k€1k▼
Trade debts44€52k€54k▲
Suppliers440/4€52k€54k▲
Advances received on contracts in progress46-€12k
Other amounts payable47/48€10k€53▼
Accrued charges and deferred income492/3€7k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€424€1k▲
Gross operating margin9900€8k€6k▼
Operating profit (loss)9901€6k€3k▼
Financial income75/76B€146€295▲
Recurring financial income75€146€295▲
Financial charges65/66B€268€271▲
Recurring financial charges65€268€271▲
Profit (loss) for the period before taxes9903€6k€3k▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€4k€2k▼
Transfer to tax-exempt reserves689-€16
Profit (loss) for the period to be appropriated9905€4k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€3k▼
Profit (loss) brought forward from the previous period14P€7k€971▼
Profit to be distributed694/7€10k-
Return on contributions (dividend)694€10k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
02-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-671 ▼115%
Net result drops to €-671, the lowest in the series; recovery starts the following year.
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Esneux · 2 establishment units since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Montfort 224130 EsneuxGround area
2,758 m²
Building footprint
206 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Montfort 22, 4130 Esneux
since 20182.275.615.446
Allée de la Fraineuse 38, 4130 Esneux
since 20182.275.615.545
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032D1049/00L000 | Wallonia | 1,498 m² | 1 · 96 m² | - |
| 62101B0023/00X024 | Wallonia | 1,259 m² | 1 · 110 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ALGEMENE VERWARMINGSTECHNIEKEN A.V.
BE 0429.460.471
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LRS SOLUTIONS
BE 1001.555.187
Sint-Genesius-Rode · Eq €21,481
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 3,625 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2018
Fiscal year end30-06
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43230Insulation installation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.