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AQUA NATURAL

Active
Private limited companyfounded 20214 yrs activeVlottestraat 1B, 9970 Kaprijke, BelgiumKBO/BCE: BE 0778.819.829
Summary

The computed 12-month bankruptcy probability of AQUA NATURAL is 2.6% (moderate). The 2024 annual accounts show equity of €5,134 and a net result of -€1,545. Equity is shrinking by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 1329 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-17
Solvency87▼-10
Growth58=
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
62.1%
Return on assets
-18.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
29 d early
2022
60 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% 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

AQUA NATURAL was incorporated on 20 December 2021 as a Private limited company.1 Total assets fell from EUR 11,190 in 2022 to EUR 8,269 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€5,134▼ 23.1%
2023 · €6,679
Total assets
€8,269▼ 10.4%
2023 · €9,229
Net result
-€1,545▼ 99.5%
2023 · -€774
Working capital
€5,134▼ 23.1%
2023 · €6,679
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
Line202220232024
Operating result-€2,497--€727▲ 70.9%-€1,496▼ 106%
Net result-€2,546--€774▲ 69.6%-€1,545▼ 99.5%
Equity€7,454-€6,679▼ 10.4%€5,134▼ 23.1%
Total assets€11,190-€9,229▼ 17.5%€8,269▼ 10.4%
Debt€3,737-€2,550▼ 31.8%€3,135▲ 23.0%
Working capital€7,454-€6,679▼ 10.4%€5,134▼ 23.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2022: -€2,497-€2,497Net result 2022: -€2,546-€2,546Operating result 2023: -€727-€727Net result 2023: -€774-€774Operating result 2024: -€1,496-€1,496Net result 2024: -€1,545-€1,545202220232024-€3,000-€2,000-€1,000€0Operating result 2022: -€2,497-€2,500Net result 2022: -€2,546-€2,550Operating result 2023: -€727-€727Net result 2023: -€774-€774Operating result 2024: -€1,496-€1,500Net result 2024: -€1,545-€1,550202220232024
The operating result stays negative: a loss of €1,496 in 2024 against €727 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €8,269
Equity €5,134 ▼ 23.1%
Debt €3,135 ▲ 23.0%
Debt's share of the balance-sheet total rises from 27.6% to 37.9%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
2.64▼
2023 · 3.62
Debt to equity
0.61▲
2023 · 0.38
ROE
-30.1%▼
2023 · -11.6%
ROA
-18.7%▼
2023 · -8.4%
Debt ≤ 1 year
€3,135▲
2023 · €2,550
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.9% went bankrupt
8.6% stopped otherwise
87% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,225 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 25 lines
Balance sheet Code20232024
Assets
Total assets20/58€9,229€8,269▼
Current assets29/58€9,229€8,269▼
Amounts receivable within one year40/41€9,163€8,089▼
Trade receivables40€818-
Other amounts receivable41€8,345€8,089▼
Cash at bank and in hand54/58€66€180▲
Equity and liabilities
Total equity and liabilities10/49€9,229€8,269▼
Equity10/15€6,679€5,134▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€3,321-€4,866▼
Amounts payable17/49€2,550€3,135▲
Amounts payable within one year42/48€2,550€3,135▲
Trade debts44-€585
Suppliers440/4-€585
Other amounts payable47/48€2,550€2,550=
Income statement Code20232024
Other operating charges640/8€132€141▲
Gross operating margin9900-€595-€1,356▼
Operating profit (loss)9901-€727-€1,496▼
Financial charges65/66B€47€49▲
Recurring financial charges65€47€49▲
Profit (loss) for the period before taxes9903-€774-€1,545▼
Profit (loss) for the period9904-€774-€1,545▼
Profit (loss) for the period to be appropriated9905-€774-€1,545▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,321-€4,866▼
Profit (loss) brought forward from the previous period14P-€2,546-€3,321▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Other operating charges640/8€282€132€141▲ 6.7%
Gross operating margin9900-€2,215-€595-€1,356▼ 128%
Operating profit (loss)9901-€2,497-€727-€1,496▼ 106%
Financial charges65/66B€50€47€49▲ 3.5%
Recurring financial charges65€50€47€49▲ 3.5%
Profit (loss) for the period before taxes9903-€2,546-€774-€1,545▼ 99.5%
Profit (loss) for the period9904-€2,546-€774-€1,545▼ 99.5%
Profit (loss) for the period to be appropriated9905-€2,546-€774-€1,545▼ 99.5%
Line202220232024Change
Assets
Total assets20/58€11,190€9,229€8,269▼ 10.4%
Current assets29/58€11,190€9,229€8,269▼ 10.4%
Amounts receivable within one year40/41€11,041€9,163€8,089▼ 11.7%
Trade receivables40€1,546€818--
Other amounts receivable41€9,495€8,345€8,089▼ 3.1%
Cash at bank and in hand54/58€149€66€180▲ 173%
Equity and liabilities
Total equity and liabilities10/49€11,190€9,229€8,269▼ 10.4%
Equity10/15€7,454€6,679€5,134▼ 23.1%
Contributions10/11€10,000€10,000€10,000=
Profit (loss) carried forward14-€2,546-€3,321-€4,866▼ 46.5%
Amounts payable17/49€3,737€2,550€3,135▲ 23.0%
Amounts payable within one year42/48€3,737€2,550€3,135▲ 23.0%
Trade debts44€2,587-€585-
Suppliers440/4€2,587-€585-
Other amounts payable47/48€1,150€2,550€2,550=
Line202220232024Change
Profit (loss) for the period9904-€2,546-€774-€1,545▼ 99.5%
Operating cash flow (approximation)-€2,546-€774-€1,545▼ 99.5%
Change in cash--€83€114▲ 238%

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

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Timeline · acts, filings and financial milestones

2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Kaprijke · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
584 m²
Volume, LiDAR
2,573 m³
Parcel 43007A0942/00C000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AQUA NATURAL
Vlottestraat 1B, 9970 KaprijkeCivil engineering
since 20212.327.397.214
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43007A0942/00C000 Flanders 1.2 ha 1 · 584 m² 9.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 393 companies in sector 42990 we hold annual accounts for 182. 61 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
Founded20-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
42990Civil engineering
43990Other specialised construction activities
81230Other cleaning activities
Contact
E-mail info@aquanatural.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0778819829
Also 9925:BE0778819829

Register as of 26 September 2026 · Peppol Directory

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