AQUA-POSEIDON
ActiveAQUA-POSEIDON has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €10k and a net result of €22k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 19% of 172 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+20
Solvency26▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.18 against 0.12 in 2023; short-term debt: 47.2% and cash: 5.1% of total assets), and 98.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 50
Relative position
BE, all sectors
reference
Sector 50
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
1.3%
Return on assets
3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 172 sector peers (2024).
NBB · sector comparisonPosition among 172 sector peers
Solvency
better than 19%
← weakest
strongest →
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 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
13 d late
2022
16 d late
2021
52 d early
2020
12 d late
2019
53 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€10k
2023 · €-13k
2018: €10k
2019: €-15k
2020: €-14k
2021: €-11k
2022: €-10k
2023: €-13k
2018 → 2024
Total assets
€749k▼ 1.2%
2023 · €758k
2018: €397k
2019: €413k
2020: €953k
2021: €895k
2022: €827k
2023: €758k
2018 → 2024
Net result
€22k
2023 · €-3k
2018: €5k
2019: €-25k
2020: €1k
2021: €3k
2022: €2k
2023: €-3k
2018 → 2024
Working capital
€-290k▲ 6.1%
2023 · €-309k
2018: €-18k
2019: €-82k
2020: €-318k
2021: €-309k
2022: €-305k
2023: €-309k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-14k-€-11k▲ 18.2%€-10k▲ 16.3%€-13k▼ 34.8%€10k
Operating result€13k-€18k▲ 37.4%€16k▼ 13.1%€10k▼ 36.6%€32k▲ 218%
Net result€1k-€3k▲ 153%€2k▼ 26.8%€-3k€22k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 218% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €749k
Fixed assets
€686k▼ 4.3%
Current assets
€64k▲ 51.9%
Equity and liabilities €749k
Equity
€10k
Debt
€740k
Debt finances 98.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€76k▲
2023 · €54k
Cash flow
€67k▲
2023 · €41k
Solvency
1.3%▲
2023 · -1.7%
Current ratio
0.18▲
2023 · 0.12
Quick ratio
0.18▲
2023 · 0.12
Debt / equity
77.86▲
2023 · -60.04
ROE
235.2%
ROA
3.0%▲
2023 · -0.4%
Interest coverage
6.54▲
2023 · 4.10
Debt
€740k▼
2023 · €771k
Debt ≤ 1 year
€354k▲
2023 · €351k
Debt > 1 year
€386k▼
2023 · €421k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€758k€749k▼
Fixed assets21/28€717k€686k▼
Tangible fixed assets22/27€717k€686k▼
Land and buildings22€465k€459k▼
Plant, machinery and equipment23€1k€895▼
Furniture and vehicles24€250k€226k▼
Current assets29/58€42k€64k▲
Amounts receivable within one year40/41€7k€26k▲
Trade receivables40€4k€25k▲
Other amounts receivable41€2k€564▼
Cash at bank and in hand54/58€34k€38k▲
Deferred charges and accrued income490/1€525€0▼
Equity and liabilities
Total equity and liabilities10/49€758k€749k▼
Equity10/15€-13k€10k▲
Contributions10/11€19k€19k=
Reserves13€987€987=
Distributable reserves133€987€987=
Profit (loss) carried forward14€-32k€-10k▲
Amounts payable17/49€771k€740k▼
Amounts payable after more than one year17€421k€386k▼
Financial debts170/4€421k€386k▼
Amounts payable within one year42/48€351k€354k▲
Current portion of amounts payable after more than one year42€43k€35k▼
Trade debts44€5k€21k▲
Suppliers440/4€5k€21k▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€3k€1k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€297k€296k▼
Accrued charges and deferred income492/3-€503
Income statement
Code20232024
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€44k▼
Other operating charges640/8€4k€8k▲
Gross operating margin9900€58k€83k▲
Operating profit (loss)9901€10k€32k▲
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€13k€12k▼
Recurring financial charges65€13k€12k▼
Profit (loss) for the period before taxes9903€-3k€22k▲
Profit (loss) for the period9904€-3k€22k▲
Profit (loss) for the period to be appropriated9905€-3k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-10k▲
Profit (loss) brought forward from the previous period14P€-29k€-32k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-25k ▼602%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zutendaal · 1 establishment unit since 2009
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.
Genkerweg 333690 ZutendaalGround area
792 m²
Building footprint
132 m²
Volume, LiDAR
819 m³
Parcel 71582E0043/00R000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AQUA-POSEIDON
since 20092.179.549.022
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71582E0043/00R000 | Flanders | 792 m² | 1 · 132 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Discovery
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DE ARK
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DIVE - STAR
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Of 96 companies in sector 50100 we hold annual accounts for 38. 15 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-06-2009
Fiscal year end31-12
Activities, NACEBEL
50100Water transport
50200Water transport
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.
Contact details
1 entryPhone:0486183974