Liquidity
41.49 was 1.43 in 2024
Short-term debts fell from €98,539 to €958.
Aqualisa International
Lifetime
5 annual accounts with figures on one time axisGross marginpeak €313,512 (2023)
€452▼ 99.7%
Resultlowest -€3,693 (2025)
-€3,693▼ €8,783
Equitypeak €42,480 (2024)
€38,787▼ 8.7%
Debts
€958▼ 99.0%
Staffpeak 2.7 FTE (2023)
0 FTE▼ 100%
Board8 names since 2020
2 directorsEsyllt JOHN-FEATHERBY and 1 other
Owners
consolidatesAQUALISA PRODUCTS LTD
Documentsfilings and deeds
29-10-202690 days late
2025abbreviated format
Gross margin from €180,222 to €452Loss of €3,693Staff from 1.3 FTE to 0 FTEDebts from €98,539 to €958Cash from €26,140 to €12,924
Key points
from the 2025 annual accountsFilings
5 annual accounts 90 days
Latest accounts filed late: after the legal deadline.
At the same address
44 companies
Checked score
84
Excellent
Financially stronger than 55% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%
01-2025: 1.9%▼ -0.1 percentage points vs 12-2024
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 1.9%● unchanged vs 02-2025
04-2025: 1.9%● unchanged vs 03-2025
05-2025: 2.1%▲ +0.2 percentage points vs 04-2025
06-2025: 2.2%▲ +0.1 percentage points vs 05-2025
07-2025: 2.2%● unchanged vs 06-2025
08-2025: 3.1%▲ +0.9 percentage points vs 07-2025
09-2025: 3.9%▲ +0.8 percentage points vs 08-2025
10-2025: 5.7%▲ +1.8 percentage points vs 09-2025
11-2025: 5.8%▲ +0.1 percentage points vs 10-2025
12-2025: 6.4%▲ +0.6 percentage points vs 11-2025
01-2026: 7.6%▲ +1.2 percentage points vs 12-2025
02-2026: 7.6%● unchanged vs 01-2026
03-2026: 7.8%▲ +0.2 percentage points vs 02-2026highest value
04-2026: 2.2%▼ -5.6 percentage points vs 03-2026
05-2026: 2.1%▼ -0.1 percentage points vs 04-2026
06-2026: 2.1%● unchanged vs 05-2026
07-2026: 2.1%● unchanged vs 06-2026
08-2026: 2.8%▲ +0.7 percentage points vs 07-2026
09-2026: 3.4%▲ +0.6 percentage points vs 08-2026
10-2026: 4.8%▲ +1.4 percentage points vs 09-2026
11-2026: 0.4%▼ -4.4 percentage points vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 90 days late; 2 of the last 3 accounts late
lowers risk
Sector: Advertising, market research and public relations activities (NACE 73)
Liquidity: current ratio 41.49, cash €12,924, halved
Equity €38,787 (97.6% of total assets)
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 73, micro). It does better than 87% of them on solvency, 84% on liquidity, 18% on profitability and 32% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as Aqualisa International has now. Each dot stands for 9 companies, two years later.
90.0%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Aqualisa International itself is lower: 0.4% within 12 months. It rests on far more data about Aqualisa International than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for Aqualisa International. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 41.49 (1.43 in 2024), above the usual 1.5. Short-term debt is 2.4% and cash 32.5% of total assets. 2.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 90 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-10-2026, 90 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
90 days late
2024
217 days late
2023
8 days late
2022
72 days late
2021
85 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 94 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 24 October (4 of the last 5 accounts filed within 76 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Reappointment: PKF Bofidi Audit bv (statutory auditor)
General meeting of 20-01-2026 · Gazette deed
2 directors appointed, 3 resignations
Resignations: Steve GEARY, David MASTERS and Ashley Elizabeth GEORGE · Appointments: Esyllt JOHN-FEATHERBY and Rachel Clare ROBERTS · General meeting of 19-01-2026 · Gazette deed
Appointment: PKF Bofidi Audit BV (statutory auditor)
General meeting of 21-03-2022 · Gazette deed
Registered office moved from Kortrijk to Antwerp
New registered office: Filip Williotstraat 9, 2600 Antwerpen · Previous registered office: Jan Palfijnstraat 26/002, 8500 Kortrijk · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Aqualisa International Antwerp | €39,745 | €452 | 97.6% | 0 |
| Quick Brown Foxes Bilzen-Hoeselt | €29,858 | -€3,939 | 82.7% | 0 |
| COPY MET MELK Antwerp | €44,339 | -€1,461 | 24.7% | - |
| MB RENTING Geel | €46,575 | -€5,363 | -36.3% | - |
| SHAPU Antwerp | €41,462 | -€8,711 | 55.4% | - |
| DoDo Company Schilde | €60,453 | -€4,340 | -111.8% | - |
| LOOKLA Mechelen | €26,039 | -€20,778 | 50.9% | - |
These companies have the same main activity as Aqualisa International: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €26,000 and €60,500, founded between 2015 and 2022.
Official details
Source: KBO- Status
- Active since 21-12-2020Normal situation
- Registered office
- 45 active companies are registered at this addressSource: KBO register, as of 5 November 2026.
- Activity
- Advertising agenciesNACE 73110
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.311.937.1942600 Antwerp, since 21-12-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- Turnover
- ≈ €2,500estimated
- Total assets
- €39,745▼ 71.8%
- Filing
- Filed on 29-10-2026
Insights on Aqualisa International
Aqualisa International files the abbreviated format. That format states no turnover. The gross margin fell from €167,785 in 2021 to €452 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Aqualisa International
- What is the company number of Aqualisa International?
- The company number of Aqualisa International is 0760.350.039. The VAT number is the same number with BE in front: BE 0760.350.039.
- Where is Aqualisa International based?
- The registered office is at Filip Williotstraat 9, 2600 Antwerp.Company details
- What does Aqualisa International do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of Aqualisa International?
- Aqualisa International is a private limited company (BV).
- When was Aqualisa International founded?
- Aqualisa International was founded on 21-12-2020.
- Is Aqualisa International still active?
- Yes, Aqualisa International is an active enterprise in the KBO register.
- How many employees does Aqualisa International have?
- Aqualisa International had an average of 1.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does Aqualisa International fall under?
- In its 2025 annual accounts, Aqualisa International states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Aqualisa International?
- The turnover in financial year 2025 is ≈ €2,500. This figure is estimated from the gross margin of €452 and 43 comparable companies (NACE 73110). It probably lies between €1,300 and €4,700. It is a rough estimate.
- Is Aqualisa International profitable?
- In financial year 2025, Aqualisa International made a loss of €3,693.
- Where can I find the annual accounts of Aqualisa International?
- Aqualisa International filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Aqualisa International due?
- Aqualisa International must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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