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Aqua Development Holding

Active
Private limited companyfounded 20233 yrs activeEsdoornstraat 54, 2490 Balen, BelgiumKBO/BCE: BE 0805.224.219
Summary

The annual accounts of Aqua Development Holding for fiscal year 2025 show a net loss of 181% of total assets and of 72% of the equity at the start of that year. The 2025 annual accounts show equity of €7,553 and a net result of -€19,265. Its solvency ranks better than 75% of 53 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch ReportCompare
Aqua Development HoldingActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Fishing and aquaculture
NACE 03220
1 site
Size
€10,654total assets 2025
Equity
€7,553
Loss
-€19,265
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Accounts 30 d early0 of 1 deed read
Why 55Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Founded in 2023+ Liquidity: current ratio 3.44, cash €9,807, halved+ Size: total assets €10,654+ Equity €7,553 (70.9% of total assets)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 43% of its sector peers (NACE 03, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 96-4
equity 70.9% of total assets
Liquidity 88-12
short-term debt 29.1% · cash 92.1%
Profitability 0=
return on assets -180.8%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (95 companies)
Last 24 months 11-2024: 1.9% 12-2024: 2.3%▲ +19.1% vs 11-2024 01-2025: 2.4%▲ +5.2% vs 12-2024 02-2025: 2.7%▲ +12.0% vs 01-2025 03-2025: 2.7%● 0.0% vs 02-2025 04-2025: 2.9%▲ +10.3% vs 03-2025 05-2025: 3.0%▲ +1.8% vs 04-2025highest value 06-2025: 2.9%▼ -4.2% vs 05-2025 07-2025: 2.9%▲ +1.3% vs 06-2025 08-2025: 0.5%▼ -82.8% vs 07-2025 09-2025: 0.5%▲ +2.6% vs 08-2025 10-2025: 0.5%● 0.0% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%▼ -0.2% vs 12-2025 02-2026: 0.5%▲ +1.8% vs 01-2026 03-2026: 0.5%▼ -1.3% vs 02-2026 04-2026: 0.5%▲ +1.4% vs 03-2026 05-2026: 0.5%▲ +2.5% vs 04-2026 06-2026: 0.5%▼ -0.2% vs 05-2026 07-2026: 0.6%▲ +8.5% vs 06-2026 08-2026: 0.5%▼ -14.8% vs 07-2026lowest value 09-2026: 0.5%● 0.0% vs 08-2026lowest value 10-2026: 0.5%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 3.44, cash €9,807, halved lowers the probability
  • Founded in 2023 raises the probability for this profile
  • Size: total assets €10,654 lowers the probability for this profile
  • Equity €7,553 (70.9% of total assets) lowers the probability
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.44 against 18.88 in 2024; short-term debt: 29.1% and cash: 92.1% of total assets), and 29.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 03, micro). Better than this share of them on solvency 71%, liquidity 87%, profitability 10%, growth against the median 5%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 3.44, cash €9,807, halved
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Founded in 2023
In the bankruptcy model this factor raises the probability for this profile.
KBO
lowers risk · Size: total assets €10,654
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Equity €7,553 (70.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 2025
Net result per financial year
2425
2024 to 2025 · latest year -€19,265
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
30 d early
2024
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days after the deadline, and 54% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 13% on equitysector median €478,523 · 54 companies €7,553 View
  • Total assets 20252 fiscal years filed €10,654 View
  • Active since 2023founded 29-08-2023 3 years View

By topic

Financials

Fiscal year
2025
Total assets
€10,654
Loss
-€19,265
Solvency
70.9%
Total assets▼ 62.4%
Net result
20242025
Go to Financials

Timeline

Events
2
Since
2025
Next accounts
by 31-07-2027
  1. 01-07-2026Annual accounts filed
  2. 22-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Fishing and aquacultureNACE 03220
Founded
29-08-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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