AQUA CELSIUS
ActiveThe computed 12-month bankruptcy probability of AQUA CELSIUS is 3.2% (moderate). The 2025 annual accounts show equity of €52k and a net result of €-5k. Equity is shrinking by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 36% of 27711 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+60
Solvency59▲+3
Growth32=
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.1 in 2024; short-term debt: 64.2% and cash: 12.7% of total assets), and 65.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.3%
Return on assets
-3%
Age of the figures
15 mo
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 €-5k
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 d early
2024
3 d late
2023
2 d early
← before the deadline
after the deadline →
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 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k▼ 8.1%
2024 · €56k
2023: €76k
2024: €56k
2023 → 2025
Total assets
€150k▼ 17.1%
2024 · €181k
2023: €124k
2024: €181k
2023 → 2025
Net result
€-5k▲ 76.6%
2024 · €-19k
2023: €74k
2024: €-19k
2023 → 2025
Working capital
€23k▲ 83.0%
2024 · €13k
2023: €57k
2024: €13k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€76k-€56k▼ 25.7%€52k▼ 8.1%
Operating result€93k-€-19k€-10k▲ 48.5%
Net result€74k-€-19k€-5k▲ 76.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€30k▼ 31.4%
Current assets
€120k▼ 12.5%
Equity and liabilities €150k
Equity
€52k▼ 8.1%
Debt
€99k▼ 21.2%
The debt ratio falls from 69.0% to 65.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▲
2024 · €-2k
Cash flow
€10k▲
2024 · €-2k
Solvency
34.3%▲
2024 · 31.0%
Current ratio
1.24▲
2024 · 1.10
Quick ratio
1.24▲
2024 · 1.10
Debt / equity
1.91▼
2024 · 2.23
ROE
-8.8%▲
2024 · -34.6%
ROA
-3.0%▲
2024 · -10.7%
Interest coverage
9.61▲
2024 · -1.61
Debt
€99k▼
2024 · €125k
Debt ≤ 1 year
€96k▼
2024 · €124k
Income taxes
€0▼
2024 · €178
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€181k€150k▼
Fixed assets21/28€44k€30k▼
Tangible fixed assets22/27€44k€30k▼
Plant, machinery and equipment23€32k€23k▼
Furniture and vehicles24€12k€7k▼
Other tangible fixed assets26€210-
Financial fixed assets28€250€250=
Current assets29/58€137k€120k▼
Amounts receivable within one year40/41€122k€100k▼
Trade receivables40€31k€69▼
Other amounts receivable41€91k€100k▲
Cash at bank and in hand54/58€8k€19k▲
Deferred charges and accrued income490/1€7k€498▼
Equity and liabilities
Total equity and liabilities10/49€181k€150k▼
Equity10/15€56k€52k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€54k€50k▼
Amounts payable17/49€125k€99k▼
Amounts payable after more than one year17€957-
Financial debts170/4€957-
Amounts payable within one year42/48€124k€96k▼
Current portion of amounts payable after more than one year42€56k€47k▼
Trade debts44€23k€22k▼
Suppliers440/4€23k€22k▼
Advances received on contracts in progress46€44k€24k▼
Taxes, remuneration and social security45€500€3k▲
Taxes450/3-€3k
Remuneration and social security454/9€500-
Accrued charges and deferred income492/3€100€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€14k▼
Other operating charges640/8€423€1k▲
Gross operating margin9900€-2k€6k▲
Operating profit (loss)9901€-19k€-10k▲
Financial income75/76B€1k€6k▲
Recurring financial income75€1k€6k▲
Financial charges65/66B€1k€459▼
Recurring financial charges65€1k€459▼
Profit (loss) for the period before taxes9903€-19k€-5k▲
Income taxes67/77€178€0▼
Profit (loss) for the period9904€-19k€-5k▲
Profit (loss) for the period to be appropriated9905€-19k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€50k▼
Profit (loss) brought forward from the previous period14P€74k€54k▼
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
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Weakest financial yearnet €-19k ▼126%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lasne · 1 establishment unit since 2022
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.
Rue aux Loups 21380 LasneGround area
7,627 m²
Building footprint
407 m²
Volume, LiDAR
3,060 m³
2 parcels, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AQUA CELSIUS
since 20222.327.312.684
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25087C0428/00D000 | Wallonia | 6,905 m² | 1 · 209 m² | 7.7 m · 2 fl. |
| 25051C0122/00A002 | Wallonia | 722 m² | 1 · 198 m² | 11.5 m · 3 fl. |
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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BE 0746.450.236
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BE 0793.486.724
Grobbendonk · Eq €52k
DE LEENER VERWARMING
BE 0740.881.842
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Heizung-Sanitär Fabrice KLOS
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Bütgenbach · Eq €52k
Of 7,042 companies in sector 43221 we hold annual accounts for 3,469. 2,963 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2022
Fiscal year end30-06
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.