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AQUA-FLO

Active
Private limited company (pre-2019)founded 20179 years activeBoulevard de France 9, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0668.793.224
Summary

The computed 12-month bankruptcy probability of AQUA-FLO is 2.6% (moderate). The 2024 annual accounts show equity of €18,671 and a net result of €12,265. Equity is shrinking by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 9,988 sector peers (NACE 41, fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€67,532total assets 2024
Equity
€18,671
Profit
€12,265
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2024
Bankruptcy probability, 12 months
2.6%
Structure
Accounts 68 days overdue0 of 1 deed read
Why 53- Figures for FY 2024 (filed 29-08-2025)- Sector Construction of residential and non-residential buildings (NACE 41)- 1 financial year not filed after the legal deadline; latest accounts 29 days late+ Liquidity: current ratio 1.31, cash €18,817Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 67% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Strong
Solvency 53+19
equity 27.6% of total assets
Liquidity 60+38
short-term debt 49.6% · cash 27.9%
Profitability 91+23
return on assets 18.2%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,367 companies)
Last 24 months 11-2024: 3.1% 12-2024: 3.1%● unchanged vs 11-2024 01-2025: 3.1%● unchanged vs 12-2024 02-2025: 3.0%▼ -0.1 percentage points vs 01-2025 03-2025: 2.5%▼ -0.5 percentage points vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 2.3%▼ -0.2 percentage points vs 04-2025 06-2025: 2.2%▼ -0.1 percentage points vs 05-2025 07-2025: 2.4%▲ +0.2 percentage points vs 06-2025 08-2025: 3.1%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 0.8%▼ -2.3 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▼ -0.1 percentage points vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.6 percentage points vs 07-2026 09-2026: 1.7%▲ +0.3 percentage points vs 08-2026 10-2026: 2.6%▲ +0.9 percentage points vs 09-2026
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 0.98 in 2023; short-term debt: 49.6% and cash: 27.9% of total assets), and 72.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 34% on solvency, 65% on liquidity, 76% on profitability and 94% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 29-08-2025)
NBB · annual accounts
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 1.31, cash €18,817
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 29 days late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €18,671
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
29 days late
2023
30 days late
2022
7 days early
2021
27 days early
2020
18 days late
2019
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 10 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Back to profitnet €12,265
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Total assets 20246 fiscal years filed €67,532 View
  • Active since 2017founded 05-01-2017 9 years View

By topic

Financials

Fiscal year
2024
Total assets
€67,532
Profit
€12,265
Solvency
27.6%
Total assets▼ 5.8%
Net result
20182024
Go to Financials

Timeline

Events
10
Since
2019
  1. 24-07-2023Annual accounts filed
  2. 04-07-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General construction of residential buildingsNACE 41001
Founded
05-01-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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