Skip to content

AQUA SERVICE SYSTEMS

Active
Private limited companyfounded 1998active for 28 yearsDoenaertstraat(Mar) 4, 8510 Kortrijk, BelgiumKBO/BCE: BE 0463.196.774
Summary

AQUA SERVICE SYSTEMS has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €96,968. Equity has been growing by about 4% per year since 2018. Its solvency ranks better than 36% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 24-04-1998 Normal situation
Activity
Other specialised construction activities NACE 43990and 2 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.086.757.040 8510 Kortrijk, since 15-05-1998
Financial year end
31 December
Peppol
Reachable since 25-11-2025

Board and ownership

Board
  • BV AQUA-INVESTDirector · since 09-12-2011

Financial position

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Turnover
€21.9m
▲ 7.7%
Profit
€96,968
▼ 15.0%
Equity
€2.9m
▲ 3.4%
Total assets
€8.9m
▲ 21.2%
Employees on 31-12-2025
79
▲ 2.6%
Filed on 27-07-2026, 4 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.43, cash €67,639, halvedSector: Specialised construction activities (NACE 43)Size: turnover €21.9m, 71.7 FTE, total assets €8.9mlowers riskFounded in 1998Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 36% of medium-sized companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 58-5
equity 32.8% of total assets
Liquidity 16-6
short-term debt 66.6% · cash 0.8%
Profitability 55+27
return on assets 1.1%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (241 companies, NACE 43, medium-sized)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025lowest value 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.7%▼ -0.4 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.6%▼ -0.1 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €230,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.43 (1.55 in 2024), below the usual 1.5. Short-term debt is 66.6% and cash 0.8% of total assets. 67.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, medium-sized). It does better than 47% of them on solvency, 13% on liquidity, 32% on profitability and 52% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.43, cash €67,639, halved
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: turnover €21.9m, 71.7 FTE, total assets €8.9m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
28 days late
2023
26 days early
2022
67 days late
2021
30 days late
2020
23 days early
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Kortrijk, Construction sectorin the Checked rankings No. 1 View
  • Positive: 5 profitable years in a rowprofit 2025: €96,968 5 years View

Recent changes

  1. · Gazette deed Purpose
  2. · Gazette deed Resignation: BV Viso Consultancy (director)
  3. · Gazette deed Appointment: BV Viso Consultancy (director)Permanent representative: Vincent Deceuninck
All 17 events

Comparable companies

These companies have the same main activity as AQUA SERVICE SYSTEMS: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €7m and €12m, founded between 1984 and 2005.

CompanyTotal assetsTurnover
AQUA SERVICE SYSTEMS Kortrijk€8.9m€21.9m
dormakaba Belgium Brugge€7.0m€25.6m
VIP Scaffolding Gent€9.1m€16.7m
BOSSUYT GROOTKEUKEN Kuurne€7.6m€15.3m
VIMAR Schaarbeek€12.1m€26.7m
GERT KWANTEN TUINAANLEG Pelt€7.2m€16.2m
WILLEMS Ronse€8.5m€26.3m
Full comparison

Key facts about AQUA SERVICE SYSTEMS

What is the company number of AQUA SERVICE SYSTEMS?
The company number of AQUA SERVICE SYSTEMS is 0463.196.774. The VAT number is the same number with BE in front: BE 0463.196.774.
Where is AQUA SERVICE SYSTEMS based?
The registered office is at Doenaertstraat(Mar) 4, 8510 Kortrijk.Company details
What does AQUA SERVICE SYSTEMS do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of AQUA SERVICE SYSTEMS?
The legal form of AQUA SERVICE SYSTEMS is Private limited company (BV).
When was AQUA SERVICE SYSTEMS founded?
AQUA SERVICE SYSTEMS was founded on 24-04-1998.
Is AQUA SERVICE SYSTEMS still active?
Yes, AQUA SERVICE SYSTEMS is an active enterprise in the KBO register.
How many employees does AQUA SERVICE SYSTEMS have?
AQUA SERVICE SYSTEMS had an average of 71.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does AQUA SERVICE SYSTEMS fall under?
In its 2025 annual accounts, AQUA SERVICE SYSTEMS states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of AQUA SERVICE SYSTEMS?
The turnover of AQUA SERVICE SYSTEMS was €21.9m in financial year 2025, according to the filed annual accounts.
Is AQUA SERVICE SYSTEMS profitable?
In financial year 2025, AQUA SERVICE SYSTEMS made a profit of €96,968.
Where can I find the annual accounts of AQUA SERVICE SYSTEMS?
AQUA SERVICE SYSTEMS filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AQUA SERVICE SYSTEMS due?
AQUA SERVICE SYSTEMS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.