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AQUAFLAM

Active
Public limited companyfounded 1979active for 46 yearsNijverheidslaan 62, 8540 Deerlijk, BelgiumKBO/BCE: BE 0419.844.407
Summary

AQUAFLAM has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €356,902 and a net result of €90,401. Equity is shrinking by about 17% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 22% of 381 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28250Wholesale of other machinery and equipment NACE 46649
1 site
Size
€4.0mturnover 2025
Staff
24.5 FTE
Equity
€356,902
Profit
€90,401
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
Advanced Fire Technologies · 100%
Accounts 3 days early0 of 13 deeds read
Why 84raises riskEquity €356,902 (21.1% of total assets)Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)Size: turnover €4.0m, 24.5 FTE, total assets €1.7mlowers riskFounded in 1979Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 28, small)
Financial strength · tick = 2024
Average
Solvency 46+7
equity 21.1% of total assets
Liquidity 29-3
short-term debt 72.4% · cash 14.1%
Profitability 54+28
return on assets 5.3%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (291 companies, NACE 28, small)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025highest value 03-2025: 2.8%▼ -0.1 percentage points vs 02-2025 04-2025: 2.8%● unchanged vs 03-2025 05-2025: 2.8%● unchanged vs 04-2025 06-2025: 2.7%▼ -0.1 percentage points vs 05-2025 07-2025: 2.8%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▼ -2.4 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.32, compared with 1.16 in 2024; short-term debt: 72.4% and cash: 14.1% of total assets), and 78.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 28, small): better than 19% on solvency, 24% on liquidity, 31% on profitability and 70% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Equity €356,902 (21.1% of total assets)
NBB · annual accounts
lowers risk · Founded in 1979
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
raises risk · Size: turnover €4.0m, 24.5 FTE, total assets €1.7m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 381 sector peers (2025).
NBB · sector comparison
Position among 381 sector peers
Solvency
better than 22%
← weakest strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
13 days early
2023
12 days early
2022
354 days late
2021
73 days late
2020
79 days late
2019
115 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 85 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% 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 July (4 of the last 5 filed years within 76 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Back to profitnet €278,347

Key points

  • Caution: Result fell in 2025from €278,347 to €90,401 ▼ 67.5% View
  • Caution: Among the weakest 19% on equitysector median €1.9m · 381 companies €356,902 View
  • Controlled by Advanced Fire Technologies 100% View
  • Active since 1979founded 06-11-1979 46 years View

By topic

Financials

Financial year
2025
Turnover
€4.0m
Profit
€90,401
Solvency
21.1%
Turnover▼ 2.3%
Net result
20182025
Go to Financials

Timeline

Events
49
Since
1981
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €200,000
  2. 19-07-2024Annual accounts filed
  3. 19-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28250
Founded
06-11-1979
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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