AQUA - SOFT
ActiveSummary
AQUA - SOFT has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €742,084 and a net result of €26,343. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 9633 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-10
Solvency79▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.0 against 3.56 in 2023; short-term debt: 15.1% and cash: 41.5% of total assets), and 46.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
145 d late
2022
152 d late
2021
149 d late
2020
139 d late
2019
152 d 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 148 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
Name match with a sanctions list
1 entrySZRZ Rt.alias Aкционерное общество “Cаратовский радиоприборный завод”
A name match is not a finding that this company itself is on the list; check the entry at the source.
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#4 oldest company in Lede, Wholesale and retail trade sector
Equity
€742,084▲ 0.2%
2023 · €740,741
Total assets
€1.4m▲ 7.1%
2023 · €1.3m
Net result
€26,343▼ 79.6%
2023 · €129,375
Working capital
€626,469▲ 2.9%
2023 · €608,937
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€35,510▼ 73.5%€17,607▼ 50.4%€122,506▲ 596%€133,359▲ 8.9%€103,223▼ 22.6%
Net result€43,579within the sector's middle half▼ 63.9%€12,103within the sector's middle half▼ 72.2%€134,847above the sector's middle half▲ 1,014%€129,375above the sector's middle half▼ 4.1%€26,343within the sector's middle half▼ 79.6%
Equity€539,416within the sector's middle half▲ 3.6%€526,519within the sector's middle half▼ 2.4%€636,366within the sector's middle half▲ 20.9%€740,741above the sector's middle half▲ 16.4%€742,084above the sector's middle half▲ 0.2%
Total assets€1.1mwithin the sector's middle half▲ 32.8%€1.1mwithin the sector's middle half▲ 5.8%€1.2mwithin the sector's middle half▲ 5.5%€1.3mwithin the sector's middle half▲ 10.3%€1.4mwithin the sector's middle half▲ 7.1%
Debt€511,266▲ 89.2%€585,287▲ 14.5%€536,822▼ 8.3%€553,805▲ 3.2%€643,807▲ 16.3%
Working capital€301,819within the sector's middle half▼ 35.5%€318,679within the sector's middle half▲ 5.6%€545,972above the sector's middle half▲ 71.3%€608,937above the sector's middle half▲ 11.5%€626,469above the sector's middle half▲ 2.9%
Solvency51.3%within the sector's middle half▼ 14.5pp47.4%within the sector's middle half▼ 4.0pp54.2%within the sector's middle half▲ 6.9pp57.2%within the sector's middle half▲ 3.0pp53.5%within the sector's middle half▼ 3.7pp
Current ratio1.83within the sector's middle half▼ 1.891.89within the sector's middle half▲ 0.073.79above the sector's middle half▲ 1.903.56above the sector's middle half▼ 0.234.00above the sector's middle half▲ 0.44
Return on assets (ROA)4.1%within the sector's middle half▼ 11.1pp1.1%below the sector's middle half▼ 3.1pp11.5%above the sector's middle half▲ 10.4pp10.0%within the sector's middle half▼ 1.5pp1.9%within the sector's middle half▼ 8.1pp
Staff (FTE)4within the sector's middle half=4within the sector's middle half=4within the sector's middle half=4within the sector's middle half=5within the sector's middle half▲ 25.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets
€550,543 ▲ 23.1%
Current assets
€835,348 ▼ 1.4%
Equity and liabilities €1.4m
Equity
€742,084 ▲ 0.2%
Debt
€643,807 ▲ 16.3%
Debt's share of the balance-sheet total rises from 42.8% to 46.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€211,656▼
2023 · €213,249
Cash flow
€134,776▼
2023 · €209,265
Quick ratio
3.90▲
2023 · 3.47
Debt to equity
0.87▲
2023 · 0.75
ROE
3.5%▼
2023 · 17.5%
Interest coverage
6.26▼
2023 · 53.43
Debt ≤ 1 year
€208,879▼
2023 · €238,312
Debt > 1 year
€434,928▲
2023 · €315,493
Income taxes
€27,785
Staff costs
€429,059▲
2023 · €347,588
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,040 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €325,123 | €320,332 | €347,588 | €429,059 | ▲ 23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,842 | €76,464 | €79,567 | €79,890 | €108,433 | ▲ 35.7% |
| Other operating charges640/8 | - | €3,768 | €6,885 | €5,010 | €7,809 | ▲ 55.9% |
| Gross operating margin9900 | €303,511 | €422,962 | €529,290 | €565,847 | €648,524 | ▲ 14.6% |
| Operating profit (loss)9901 | €35,510 | €17,607 | €122,506 | €133,359 | €103,223 | ▼ 22.6% |
| Financial income75/76B | - | - | €20,592 | €7 | €72 | ▲ 929% |
| Recurring financial income75 | €3,000 | - | €16 | €7 | €72 | ▲ 929% |
| Non-recurring financial income76B | - | - | €20,576 | - | - | - |
| Financial charges65/66B | - | €5,504 | €4,930 | €3,991 | €49,167 | ▲ 1,132% |
| Recurring financial charges65 | €3,917 | €5,504 | €4,930 | €3,991 | €33,815 | ▲ 747% |
| Non-recurring financial charges66B | - | - | - | - | €15,352 | - |
| Profit (loss) for the period before taxes9903 | €34,593 | €12,103 | €138,168 | €129,375 | €54,128 | ▼ 58.2% |
| Income taxes67/77 | -€8,986 | - | €3,321 | - | €27,785 | - |
| Profit (loss) for the period9904 | €43,579 | €12,103 | €134,847 | €129,375 | €26,343 | ▼ 79.6% |
| Profit (loss) for the period to be appropriated9905 | €43,579 | €12,103 | €134,847 | €129,375 | €26,343 | ▼ 79.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €1.2m | €1.3m | €1.4m | ▲ 7.1% |
| Fixed assets21/28 | €383,233 | €436,041 | €431,440 | €447,297 | €550,543 | ▲ 23.1% |
| Tangible fixed assets22/27 | €378,030 | €430,838 | €424,607 | €440,464 | €543,710 | ▲ 23.4% |
| Land and buildings22 | - | €268,954 | €254,121 | €252,012 | €236,528 | ▼ 6.1% |
| Plant, machinery and equipment23 | - | €34,714 | €28,338 | €19,072 | €16,482 | ▼ 13.6% |
| Furniture and vehicles24 | - | €127,170 | €142,148 | €169,380 | €290,700 | ▲ 71.6% |
| Financial fixed assets28 | €5,203 | €5,203 | €6,833 | €6,833 | €6,833 | = |
| Current assets29/58 | €667,449 | €675,765 | €741,748 | €847,249 | €835,348 | ▼ 1.4% |
| Stocks and contracts in progress3 | €20,757 | €20,757 | €20,757 | €20,757 | €20,757 | = |
| Stocks30/36 | - | €20,757 | €20,757 | €20,757 | €20,757 | = |
| Amounts receivable within one year40/41 | €210,503 | €176,296 | €181,700 | €169,619 | €164,754 | ▼ 2.9% |
| Trade receivables40 | - | €138,056 | €144,442 | €116,094 | €137,376 | ▲ 18.3% |
| Other amounts receivable41 | - | €38,240 | €37,258 | €53,525 | €27,378 | ▼ 48.9% |
| Current investments50/53 | €29,349 | €29,349 | €29,349 | €29,348 | €29,349 | = |
| Cash at bank and in hand54/58 | €376,943 | €409,035 | €490,113 | €607,696 | €574,602 | ▼ 5.4% |
| Deferred charges and accrued income490/1 | - | €40,328 | €19,829 | €19,829 | €45,886 | ▲ 131% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.2m | €1.3m | €1.4m | ▲ 7.1% |
| Equity10/15 | €539,416 | €526,519 | €636,366 | €740,741 | €742,084 | ▲ 0.2% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €73,137 | €73,137 | €73,137 | €73,137 | €73,137 | = |
| Non-distributable reserves130/1 | - | €5,160 | €5,160 | €5,160 | €5,160 | = |
| Legal reserve130 | - | €5,160 | €5,160 | €5,160 | €5,160 | = |
| Tax-exempt reserves132 | - | €67,977 | €67,977 | €67,977 | €67,977 | = |
| Profit (loss) carried forward14 | €404,279 | €391,382 | €501,229 | €605,604 | €606,947 | ▲ 0.2% |
| Amounts payable17/49 | €511,266 | €585,287 | €536,822 | €553,805 | €643,807 | ▲ 16.3% |
| Amounts payable after more than one year17 | €139,703 | €222,268 | €335,113 | €315,493 | €434,928 | ▲ 37.9% |
| Financial debts170/4 | - | €222,268 | €335,113 | €315,493 | €434,928 | ▲ 37.9% |
| Amounts payable within one year42/48 | €365,630 | €357,086 | €195,776 | €238,312 | €208,879 | ▼ 12.4% |
| Current portion of amounts payable after more than one year42 | - | €46,011 | €81,495 | €76,620 | €52,062 | ▼ 32.1% |
| Trade debts44 | €251,855 | €226,761 | €21,941 | €36,930 | €30,953 | ▼ 16.2% |
| Suppliers440/4 | - | €226,761 | €21,941 | €36,930 | €30,953 | ▼ 16.2% |
| Taxes, remuneration and social security45 | - | €15,759 | €23,264 | €30,788 | €30,799 | = |
| Taxes450/3 | - | €15,238 | €22,743 | €30,267 | €30,278 | = |
| Remuneration and social security454/9 | - | €521 | €521 | €521 | €521 | = |
| Other amounts payable47/48 | - | €68,555 | €69,076 | €93,974 | €95,065 | ▲ 1.2% |
| Accrued charges and deferred income492/3 | - | €5,933 | €5,933 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,579 | €12,103 | €134,847 | €129,375 | €26,343 | ▼ 79.6% |
| + Depreciation and write-downs630 | €64,842 | €76,464 | €79,567 | €79,890 | €108,433 | ▲ 35.7% |
| Operating cash flow (approximation) | €108,421 | €88,567 | €214,414 | €209,265 | €134,776 | ▼ 35.6% |
| Investment in fixed assets (approximation) | - | -€129,272 | -€74,966 | -€95,747 | -€211,679 | ▼ 121% |
| Change in cash | - | €32,092 | €81,078 | €117,583 | -€33,094 | ▼ 128% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 153 days late
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 145 days late
2023
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 152 days late
2022
31-12
Financial
Highest result since 2018net €134,847 ▲1,014%
Net result €134,847, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 3.79
Current ratio from 1.89 to 3.79; short-term debt falls from €357,086 to €195,776.
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 149 days late
2021
31-12
Financial
Weakest financial yearnet €12,103 ▼72.2%
Net result drops to €12,103, the lowest in the series; recovery starts the following year.
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 139 days late
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 152 days late
2019
31-12
Financial
Equity above €500,000Eq €520,837 ▲22.5%
2 profitable years in a row build equity to €520,837.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 92 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 60 days late
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 91 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Lede · 1 establishment unit since 1985
Ground area
823 m²
Building footprint
219 m²
Volume, LiDAR
929 m³
Parcel 41034F0614/00K000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AQUA - SOFT
since 19852.221.629.305
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41034F0614/00K000 | Flanders | 823 m² | 1 · 219 m² | 6.4 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.
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Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 577 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded31-05-1985
Fiscal year end31-12
Abbreviation NL
A.C.C.
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
47789Other retail sale of new goods
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427280446
Also
9925:BE0427280446
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.