AQUAMAR
ActiveAQUAMAR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €97k and a net result of €33k. Equity is shrinking by ~17.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 67% of 7974 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €97k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-03-2026, 44 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
44 d late
2024
7 d early
2023
7 d early
2022
4 d early
2021
5 d early
2020
6 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€97k▲ 46.8%
2024 · €66k
2019: €152k
2020: €142k
2021: €125k
2022: €60k
2023: €36k
2024: €66k
2019 → 2025
Net result
€33k▲ 6.8%
2024 · €31k
2019: €-337
2020: €-9k
2021: €-17k
2022: €-65k
2023: €-24k
2024: €31k
2019 → 2025
Total assets
€138k▲ 24.1%
2024 · €111k
2019: €328k
2020: €320k
2021: €364k
2022: €104k
2023: €77k
2024: €111k
2019 → 2025
Solvency
70.8%▲ 10.9pp
2024 · 59.8%
2019: 46.2%
2020: 44.4%
2021: 34.4%
2022: 57.7%
2023: 46.2%
2024: 59.8%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€125k-€60k▼ 52.2%€36k▼ 40.2%€66k▲ 85.6%€97k▲ 46.8%
Operating result€-9k-€-63k▼ 592%€-23k▲ 63.9%€32k€35k▲ 9.8%
Net result€-17k-€-65k▼ 283%€-24k▲ 63.2%€31k€33k▲ 6.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 10% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€16k▼ 17.9%
Current assets
€122k▲ 32.9%
Equity and liabilities €138k
Equity
€97k▲ 46.8%
Debt
€40k▼ 9.8%
The debt ratio falls from 40.2% to 29.2%: equity grows while debt is paid down.
Key figures and ratios
Solvency
70.8%▲
2024 · 59.8%
ROE
33.6%▼
2024 · 46.1%
ROA
23.8%▼
2024 · 27.6%
Debt
€40k▼
2024 · €45k
Debt ≤ 1 year
€37k▼
2024 · €40k
Debt > 1 year
€0▼
2024 · €4k
Income taxes
€298▼
2024 · €702
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€111k€138k▲
Fixed assets21/28€19k€16k▼
Tangible fixed assets22/27€19k€16k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€5k€10k▲
Leasing and similar rights25€15k€4k▼
Current assets29/58€92k€122k▲
Amounts receivable within one year40/41€47k€80k▲
Trade receivables40€47k€30k▼
Other amounts receivable41-€50k
Cash at bank and in hand54/58€43k€42k▼
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€111k€138k▲
Equity10/15€66k€97k▲
Contributions10/11€200k€200k=
Reserves13€20k€20k=
Non-distributable reserves130/1€20k€20k=
Reserves not available under the articles1311€20k€20k=
Profit (loss) carried forward14€-154k€-123k▲
Amounts payable17/49€45k€40k▼
Amounts payable after more than one year17€4k€0▼
Financial debts170/4€4k€0▼
Amounts payable within one year42/48€40k€37k▼
Current portion of amounts payable after more than one year42€11k€4k▼
Trade debts44€11k€1k▼
Suppliers440/4€11k€1k▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€8k€9k▲
Other amounts payable47/48€11k€22k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€49k€51k▲
Operating profit (loss)9901€32k€35k▲
Financial income75/76B€77€5▼
Recurring financial income75€77€5▼
Financial charges65/66B€549€2k▲
Recurring financial charges65€549€2k▲
Profit (loss) for the period before taxes9903€31k€33k▲
Income taxes67/77€702€298▼
Profit (loss) for the period9904€31k€33k▲
Profit (loss) for the period to be appropriated9905€31k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-630k€-121k▲
Profit (loss) brought forward from the previous period14P€-661k€-154k▲
Transfer from equity791/2€477k€0▼
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (10 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
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 44 days late
2025
30-06
Financial
Highest result since 2019net €33k ▲6.8%
Operating result €35k, net result €33k, both a record.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €31k
Net result €31k after 5 loss-making years.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-65k
Net result drops to €-65k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity doublescurrent ratio 3.09
Current ratio from 1.54 to 3.09; short-term debt falls from €203k to €18k.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brugge · 1 establishment unit since 2008
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.
Keizer Karelstraat 438000 BruggeGround area
561 m²
Building footprint
141 m²
Volume, LiDAR
1,211 m³
Parcel 31808M0525/00Y000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AQUAMAR
since 20082.169.383.323
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808M0525/00Y000 | Flanders | 561 m² | 1 · 141 m² | 13.2 m · 3 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.
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Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 12,229 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-03-2008
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.