Losses
-€23,958 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
AQUA CELSIUS
Lifetime
3 annual accounts with figures on one time axispeak €104,646 (2023)
€5,714▲ €7,421
lowest -€19,422 (2024)
-€4,536▲ €14,886
peak €75,509 (2023)
€51,551▼ 8.1%
€98,587▼ 21.2%
Board1 name since 2022
1 directorHORVATH Dylan Alexander Georges Bernard
Documentsfilings and deeds
27-01-20264 days before the deadline
2025micro format
Gross margin from -€1,707 to €5,714Loss of €4,536Debts from €125,120 to €98,587Cash from €7,925 to €19,072
Key points
from the 2025 annual accountsTurnover
≈ €48,000 estimated
The micro format states no turnover.
Position in the sector
-€4,536
Lower net result than 83% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
Checked score
64
Healthy
Financially stronger than 28% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.3%
01-2025: 4.4%▲ +0.1 percentage points vs 12-2024highest value
02-2025: 2.6%▼ -1.8 percentage points vs 01-2025
03-2025: 2.3%▼ -0.3 percentage points vs 02-2025
04-2025: 2.3%● unchanged vs 03-2025
05-2025: 2.4%▲ +0.1 percentage points vs 04-2025
06-2025: 2.4%● unchanged vs 05-2025
07-2025: 2.3%▼ -0.1 percentage points vs 06-2025
08-2025: 2.3%● unchanged vs 07-2025
09-2025: 2.3%● unchanged vs 08-2025
10-2025: 2.1%▼ -0.2 percentage points vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.1%● unchanged vs 11-2025
01-2026: 2.2%▲ +0.1 percentage points vs 12-2025
02-2026: 1.0%▼ -1.2 percentage points vs 01-2026lowest value
03-2026: 1.0%● unchanged vs 02-2026lowest value
04-2026: 1.0%● unchanged vs 03-2026lowest value
05-2026: 1.0%● unchanged vs 04-2026lowest value
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.0%● unchanged vs 07-2026
09-2026: 1.0%● unchanged vs 08-2026
10-2026: 1.2%▲ +0.2 percentage points vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2022
Sector: Specialised construction activities (NACE 43)
Size: total assets €150,138
lowers risk
Liquidity: current ratio 1.24, cash €19,072
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 36% of them on solvency, 20% on liquidity, 31% on profitability and 26% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,145 companies had the same profile as AQUA CELSIUS has now. Each dot stands for 6 companies, two years later.
91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AQUA CELSIUS itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,145 companies, not a prediction for AQUA CELSIUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.24 (1.1 in 2024), below the usual 1.5. Short-term debt is 64.2% and cash 12.7% of total assets. 65.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€4,536
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 27-01-2026, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
4 days early
2024
3 days late
2023
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 1 day before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 January (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- HORVATH Dylan Alexander Georges Bernard 100 sharesdeed of 07-02-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0781560474
Registered office moved from Uccle to Lasne
New registered office: rue aux loups 2 bt A, 1380 Lasne · Previous registered office: 6 Place Olivier Strebelle, 1180 Uccle · General meeting of 27-09-2022 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founder: HORVATH Dylan Alexander Georges Bernard · Appointment: HORVATH Dylan Alexander Georges Bernard (director) · published on 07-02-2022 · Gazette deed
First establishment
Rue de Genleau 1, Lasne
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AQUA CELSIUS Lasne | €150,138 | €5,714 | 34.3% | - |
| Segers Malko Schoten | €172,833 | €4,980 | 9.4% | - |
| Javika Tongeren-Borgloon | €126,241 | €7,400 | 54.9% | - |
| PIERAERD GREGG Linter | €162,978 | €9,247 | 73.7% | - |
| Thermo Dias Ramillies | €150,840 | €8,706 | 40.9% | - |
| TL-engineering Willebroek | €133,878 | €7,051 | 19.3% | - |
| Olivier Van Caester Maarkedal | €182,697 | €3,918 | 69.3% | - |
These companies have the same main activity as AQUA CELSIUS: plumbing work (NACE 43221). They are comparable in size and age: total assets between €126,000 and €183,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 03-02-2022Normal situation
- Activity
- Plumbing workNACE 43221and 3 others
- Establishment unit
- 2.327.312.6841380 Lasne, since 03-02-2022
- Financial year end
- 30 June
- Peppol
- Reachable since 24-10-2025
Annual accounts to 30-06-2025
- €150,138▼ 17.1%
- Filing
- Filed on 27-01-2026, 4 days before the end of the filing period
Insights on AQUA CELSIUS
AQUA CELSIUS files the micro format. That format states no turnover. The gross margin fell from €104,646 in 2023 to €5,714 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AQUA CELSIUS
- What is the company number of AQUA CELSIUS?
- The company number of AQUA CELSIUS is 0781.560.474. The VAT number is the same number with BE in front: BE 0781.560.474.
- Where is AQUA CELSIUS based?
- The registered office is at Rue aux Loups 2, 1380 Lasne.Company details
- What does AQUA CELSIUS do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of AQUA CELSIUS?
- AQUA CELSIUS is a private limited company (BV).
- When was AQUA CELSIUS founded?
- AQUA CELSIUS was founded on 03-02-2022.
- Is AQUA CELSIUS still active?
- Yes, AQUA CELSIUS is an active enterprise in the KBO register.
- What is the turnover of AQUA CELSIUS?
- The turnover in financial year 2025 is ≈ €48,000. This figure is estimated from the gross margin of €5,714 and 37 comparable companies (NACE 43221). It probably lies between €36,000 and €100,000. It is a rough estimate.Financials
- Is AQUA CELSIUS profitable?
- In financial year 2025, AQUA CELSIUS made a loss of €4,536.
- Where can I find the annual accounts of AQUA CELSIUS?
- AQUA CELSIUS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AQUA CELSIUS due?
- AQUA CELSIUS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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