AQUA PRODUCTION
ActiveAQUA PRODUCTION has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188k and a net result of €904. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 33% of 45 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+32
Solvency58▼-3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.41 in 2024; short-term debt: 67.1% and cash: 8.4% of total assets), and 67.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 03
Relative position
BE, all sectors
reference
Sector 03
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.9%
Return on assets
0.2%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
43 d early
2023
68 d early
2022
126 d early
2021
47 d early
2020
135 d early
2019
9 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€904
2024 · €-62k
2018: €-1k
2019: €21k
2020: €26k
2021: €35k
2022: €15k
2023: €8k
2024: €-62k
2018 → 2025
Working capital
€152k▲ 10.5%
2024 · €137k
2018: €85k
2019: €111k
2020: €138k
2021: €182k
2022: €202k
2023: €213k
2024: €137k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€228k-€242k▲ 6.4%€250k▲ 3.2%€187k▼ 25.1%€188k▲ 0.4%
Operating result€47k-€26k▼ 43.9%€21k▼ 21.5%€-49k€15k
Net result€35k-€15k▼ 56.6%€8k▼ 44.8%€-62k€904
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €15k after a loss of €49k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €572k
Fixed assets
€37k▼ 27.3%
Current assets
€535k▲ 13.5%
Equity and liabilities €572k
Equity
€188k▲ 0.4%
Provisions
€0▼ 100%
Debt
€384k▲ 14.6%
The debt ratio rises from 64.1% to 67.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▲
2024 · €-32k
Cash flow
€15k▲
2024 · €-46k
Solvency
32.9%▼
2024 · 35.9%
Current ratio
1.39▼
2024 · 1.41
Quick ratio
0.21▲
2024 · 0.19
Debt / equity
2.04▲
2024 · 1.79
ROE
0.5%▲
2024 · -33.2%
ROA
0.2%▲
2024 · -11.9%
Interest coverage
2.03▲
2024 · -2.15
Debt
€384k▲
2024 · €335k
Debt ≤ 1 year
€384k▲
2024 · €335k
Income taxes
€230▲
2024 · €-136
Staff costs
€319k▼
2024 · €383k
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€522k€572k▲
Fixed assets21/28€50k€37k▼
Intangible fixed assets21€11k€10k▼
Tangible fixed assets22/27€39k€26k▼
Land and buildings22€2k-
Plant, machinery and equipment23€19k€14k▼
Furniture and vehicles24€12k€7k▼
Other tangible fixed assets26€6k€5k▼
Financial fixed assets28€152€152=
Current assets29/58€472k€535k▲
Stocks and contracts in progress3€408k€455k▲
Stocks30/36€408k€455k▲
Amounts receivable within one year40/41€35k€25k▼
Trade receivables40€29k€17k▼
Other amounts receivable41€6k€8k▲
Cash at bank and in hand54/58€20k€48k▲
Deferred charges and accrued income490/1€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€522k€572k▲
Equity10/15€187k€188k▲
Contributions10/11€19k€19k=
Reserves13€21k€21k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€148k€149k▲
Investment grants15€123-
Provisions and deferred taxes16€88-
Deferred taxes168€88-
Amounts payable17/49€335k€384k▲
Amounts payable within one year42/48€335k€384k▲
Current portion of amounts payable after more than one year42€12k€7k▼
Financial debts43€251k€250k▼
Credit institutions430/8€251k€250k▼
Trade debts44€15k€2k▼
Suppliers440/4€15k€2k▼
Taxes, remuneration and social security45€16k€13k▼
Taxes450/3€381€437▲
Remuneration and social security454/9€16k€12k▼
Other amounts payable47/48€40k€111k▲
Income statement
Code20242025
Remuneration, social security and pensions62€383k€319k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€14k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€357k€354k▼
Operating profit (loss)9901€-49k€15k▲
Financial income75/76B€1k€514▼
Recurring financial income75€1k€514▼
Financial charges65/66B€15k€14k▼
Recurring financial charges65€15k€14k▼
Profit (loss) for the period before taxes9903€-63k€1k▲
Transfer from deferred taxes780€285€88▼
Income taxes67/77€-136€230▲
Profit (loss) for the period9904€-62k€904▲
Profit (loss) for the period to be appropriated9905€-62k€904▲
Appropriation of the result
Profit (loss) to be appropriated9906€148k€149k▲
Profit (loss) brought forward from the previous period14P€210k€148k▼
Social balance
Average headcount (FTE)90877.86.1▼
The notes to these accounts (10 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Back to profitnet €904
Net result €904 after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-62k ▼847%
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €35k ▲33.6%
Operating result €47k, net result €35k, both a record.
31-12
Financial
Equity above €200kEq €228k ▲17.7%
3 profitable years in a row build equity to €228k.
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Equity above €150kEq €168k ▲14%
Equity rises from €147k to €168k.
17-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wavre · 1 establishment unit since 1988
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.
Chemin du Seucha 201300 WavreGround area
4.6 ha
Building footprint
93 m²
Parcel 25055B0380/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
AQUAPRODUCTION SC
since 19882.033.354.679
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055B0380/00C000 | Wallonia | 4.6 ha | 1 · 93 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWavre2.033.354.679
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AQUADRI
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Of 81 companies in sector 03220 we hold annual accounts for 36. 27 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-1988
Fiscal year end31-12
Activities, NACEBEL
01122
01191Growing of flowers
03220Fishing and aquaculture
05020
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.