Skip to content

AAQUA

Open bankruptcy
Private limited company (pre-2019)founded 1998KBO/BCE: BE 0464.508.155
Summary

A bankruptcy procedure is open for AAQUA according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €8,987 and a net result of €23,199.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
22 January 2024
Supervising judge
Jean Fossion
Official Gazette
29-01-2024 (pdf) ↗search the document for 2024/103271

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Embed in an article

Writing about this bankruptcy? Put the card of AAQUA in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-10-2023, 72 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
72 d late
2021
201 d late
2020
566 d late
2019
174 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 253 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 November 1998, AAQUA was incorporated.1 The company has filed 23 sets of annual accounts, the latest for fiscal year 2022.2 The company was declared bankrupt on 22 January 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 29-01-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
€8,987▼ 43.1%
2021 · €15,788
Total assets
€2.7m▲ 675%
2021 · €343,469
Net result
€23,199▼ 21.0%
2021 · €29,348
Working capital
€8,987▼ 43.1%
2021 · €15,788
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€29,348€34,020▲ 15.9%
Net result€29,348€23,199▼ 21.0%
Equity-€13,560--€13,560=-€13,560=€15,788€8,987▼ 43.1%
Total assets€621-€621=€621=€343,469▲ 55,209%€2.7m▲ 675%
Debt€14,181-€14,181=€14,181=€327,681▲ 2,211%€2.7m▲ 710%
Working capital-€13,560--€13,560=-€13,560=€15,788€8,987▼ 43.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2022 Total assets +675% on 2021. Cause not known from the registers.
  • 2021 Total assets +55,209% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2021: €29,348€29,348Net result 2021: €29,348€29,348Operating result 2022: €34,020€34,020Net result 2022: €23,199€23,19920182019202020212022€0€10,000€20,000€30,000Operating result 2021: €29,348€29,300Net result 2021: €29,348€29,300Operating result 2022: €34,020€34,000Net result 2022: €23,199€23,200202020212022
The operating result rises in 2022; 2022 is 16% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €2.7m
Equity €8,987 ▼ 43.1%
Debt €2.7m ▲ 710%
Debt's share of the balance-sheet total rises from 95.4% to 99.7%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
Current ratio
1.00▼
2021 · 1.05
ROE
258.1%▲
2021 · 185.9%
ROA
0.9%▼
2021 · 8.5%
Debt ≤ 1 year
€2.7m▲
2021 · €327,681
A ratio outside any meaningful range has been withheld (balance sheet total €2.7m, equity €8,987).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 37 lines
Balance sheet Code20212022
Assets
Total assets20/58€343,469€2.7m▲
Current assets29/58€343,469€2.7m▲
Stocks and contracts in progress3€286,986-
Stocks30/36€286,986-
Amounts receivable within one year40/41€56,483€2.7m▲
Trade receivables40-€2.2m
Other amounts receivable41€56,483€442,560▲
Cash at bank and in hand54/58-€3,627
Equity and liabilities
Total equity and liabilities10/49€343,469€2.7m▲
Equity10/15€15,788€8,987▼
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Reserves13€901€901=
Non-distributable reserves130/1€901€901=
Legal reserve130€901€901=
Profit (loss) carried forward14-€3,705-€10,505▼
Amounts payable17/49€327,681€2.7m▲
Amounts payable within one year42/48€327,681€2.7m▲
Trade debts44€155,380€1.3m▲
Suppliers440/4€155,380€1.3m▲
Advances received on contracts in progress46-€904,848
Taxes, remuneration and social security45€3,130€397,199▲
Taxes450/3€3,130€397,199▲
Other amounts payable47/48€169,171€30,000▼
Income statement Code20212022
Other operating charges640/8€3,754€57,337▲
Gross operating margin9900€33,102€91,357▲
Operating profit (loss)9901€29,348€34,020▲
Financial charges65/66B-€10,821
Recurring financial charges65-€10,821
Profit (loss) for the period before taxes9903€29,348€23,199▼
Profit (loss) for the period9904€29,348€23,199▼
Profit (loss) for the period to be appropriated9905€29,348€23,199▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,705€19,495▲
Profit (loss) brought forward from the previous period14P-€33,053-€3,705▲
Profit to be distributed694/7-€30,000
Directors or managers695-€30,000
Line20182019202020212022Change
Other operating charges640/8---€3,754€57,337▲ 1,427%
Gross operating margin9900---€33,102€91,357▲ 176%
Operating profit (loss)9901---€29,348€34,020▲ 15.9%
Financial charges65/66B----€10,821-
Recurring financial charges65----€10,821-
Profit (loss) for the period before taxes9903---€29,348€23,199▼ 21.0%
Profit (loss) for the period9904---€29,348€23,199▼ 21.0%
Profit (loss) for the period to be appropriated9905---€29,348€23,199▼ 21.0%
Line20182019202020212022Change
Assets
Total assets20/58€621€621€621€343,469€2.7m▲ 675%
Current assets29/58€621€621€621€343,469€2.7m▲ 675%
Stocks and contracts in progress3---€286,986--
Stocks30/36---€286,986--
Amounts receivable within one year40/41---€56,483€2.7m▲ 4,608%
Trade receivables40----€2.2m-
Other amounts receivable41---€56,483€442,560▲ 684%
Cash at bank and in hand54/58€621€621€621-€3,627-
Equity and liabilities
Total equity and liabilities10/49€621€621€621€343,469€2.7m▲ 675%
Equity10/15-€13,560-€13,560-€13,560€15,788€8,987▼ 43.1%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10€18,592-€18,592€18,592€18,592=
Issued capital100€18,592-€18,592€18,592€18,592=
Reserves13€901€901€901€901€901=
Non-distributable reserves130/1€901-€901€901€901=
Legal reserve130€901-€901€901€901=
Profit (loss) carried forward14-€33,053-€33,053-€33,053-€3,705-€10,505▼ 184%
Amounts payable17/49€14,181€14,181€14,181€327,681€2.7m▲ 710%
Amounts payable within one year42/48€14,181€14,181€14,181€327,681€2.7m▲ 710%
Trade debts44€14,181€14,181€14,181€155,380€1.3m▲ 751%
Suppliers440/4€14,181-€14,181€155,380€1.3m▲ 751%
Advances received on contracts in progress46----€904,848-
Taxes, remuneration and social security45---€3,130€397,199▲ 12,588%
Taxes450/3---€3,130€397,199▲ 12,588%
Other amounts payable47/48---€169,171€30,000▼ 82.3%
Line20182019202020212022Change
Profit (loss) for the period9904---€29,348€23,199▼ 21.0%
Operating cash flow (approximation)---€29,348€23,199▼ 21.0%
Change in cash-€0€0---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2024
29-01
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 22-01-2024
2023
11-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
17-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 201 days late
17-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 566 days late
17-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 1297 days late
2021
31-12
Financial Liquidity times 24current ratio 1.05
Current ratio from 0.04 to 1.05.
21-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 174 days late
2019
15-10
Bankruptcy Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · event 02-10-2019
01-07
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 24-06-2019
14-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 167 days late
14-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 532 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
05-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 5 days late
2013
12-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 12 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Sint-Jans-Molenbeek · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
2,578 m²
Building footprint
540 m²
Volume, LiDAR
5,298 m³
2 parcels, Brussels · tallest building 19.8 m, ±5 floors. Linked by address, not a title deed.
291 companies at this address See who is registered here
1 establishment unit
Hertogin van Brabantplaats 20, 1080 Sint-Jans-Molenbeek
Air transport
since 19992.091.508.456
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21522B0623/00L000 Brussels 2,442 m² 1 · 406 m² 19.8 m · 2 fl.
21523B0939/00T037 Brussels 135 m² 1 · 134 m² 17.3 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator VINCENT TERLINDEN
Avenue Louise 349/16, 1050 IXELLES
22-01-2024 → present
Curator CHRISTOPHE GASIA
AVENUE LOUISE 486 BTE 6, 1050 03 IXELLES
24-06-2019 → 02-10-2019

Similar companies · same sector, comparable size

Of 1,372 companies in sector 61100 we hold annual accounts for 585. 251 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded03-11-1998
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
47400Retail sale of information and communication equipment
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.