Aquabuild
ActiveThe computed 12-month bankruptcy probability of Aquabuild is 1.8% (moderate). The 2025 annual accounts show equity of €78k and a net result of €31k. Its solvency ranks better than 73% of 1885 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78
Stability82
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 2.97 against 4.86 in 2024), and 30.9% 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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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 25
Relative position
BE, all sectors
reference
Sector 25
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
69.1%
Return on assets
27.4%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
27 d late
2024
25 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€78k▲ 65.9%
2024 · €47k
2024: €47k
2024 → 2025
Total assets
€113k▲ 101%
2024 · €56k
2024: €56k
2024 → 2025
Net result
€31k▲ 34.8%
2024 · €23k
2024: €23k
2024 → 2025
Working capital
€69k▲ 96.2%
2024 · €35k
2024: €35k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€47k-€78k▲ 65.9%
Operating result€32k-€43k▲ 35.0%
Net result€23k-€31k▲ 34.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 35% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets
€9k▼ 23.6%
Current assets
€104k▲ 135%
Equity and liabilities €113k
Equity
€78k▲ 65.9%
Debt
€35k▲ 284%
The debt ratio rises from 16.2% to 30.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€45k▲
2024 · €34k
Cash flow
€34k▲
2024 · €25k
Solvency
69.1%▼
2024 · 83.8%
Current ratio
2.97▼
2024 · 4.86
Quick ratio
2.97▼
2024 · 4.86
Debt / equity
0.45▲
2024 · 0.19
ROE
39.7%▼
2024 · 48.9%
ROA
27.4%▼
2024 · 41.0%
Interest coverage
1124.29▲
2024 · 1026.13
Debt
€35k▲
2024 · €9k
Debt ≤ 1 year
€35k▲
2024 · €9k
Income taxes
€12k▲
2024 · €9k
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€56k€113k▲
Fixed assets21/28€12k€9k▼
Tangible fixed assets22/27€12k€9k▼
Furniture and vehicles24€12k€9k▼
Current assets29/58€44k€104k▲
Amounts receivable within one year40/41€14k€12k▼
Trade receivables40€9k€12k▲
Other amounts receivable41€5k€54▼
Cash at bank and in hand54/58€30k€91k▲
Deferred charges and accrued income490/1€472€540▲
Equity and liabilities
Total equity and liabilities10/49€56k€113k▲
Equity10/15€47k€78k▲
Contributions10/11€24k€24k=
Reserves13€23k€54k▲
Distributable reserves133€23k€54k▲
Amounts payable17/49€9k€35k▲
Amounts payable within one year42/48€9k€35k▲
Trade debts44€473€9k▲
Suppliers440/4€473€9k▲
Taxes, remuneration and social security45€9k€26k▲
Taxes450/3€9k€26k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€568€15k▲
Gross operating margin9900€34k€60k▲
Operating profit (loss)9901€32k€43k▲
Financial income75/76B€61€3▼
Recurring financial income75€61€3▼
Financial charges65/66B€33€40▲
Recurring financial charges65€33€40▲
Profit (loss) for the period before taxes9903€32k€43k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€23k€31k▲
Profit (loss) for the period to be appropriated9905€23k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€31k▲
Transfer to equity691/2€23k€31k▲
To other reserves6921€23k€31k▲
The notes to these accounts (4 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Wingene · 1 establishment unit since 2024
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.
Verrekijker 158750 WingeneGround area
978 m²
Building footprint
418 m²
Volume, LiDAR
2,523 m³
Parcel 37018F1170/00M000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Aquabuild
since 20242.357.520.167
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018F1170/00M000 | Flanders | 978 m² | 1 · 418 m² | 6.7 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 579 EUR awarded · 579 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 579 EUR | 579 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,552 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2024
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
22210Manufacture of rubber and plastic products
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.