Skip to content
Checked.be
Complete company report
Generated 19-08-2026
Active BE 0844.295.918Limited partnership

AQUAMARINE

Kadzandstraat 2 ·8400 Oostende, Belgium· 14 yrs active
Sector: Cafés en bars (56301)
Conclusion Checked

The computed 12-month bankruptcy probability of AQUAMARINE is 0.9% (low). The 2021 annual accounts show equity of €187k and a net result of €91k. Equity is growing by ~68.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 2241 sector peers (fiscal year 2021). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €187k
Net result €91k
Staff (FTE) 1
Better than sector 88%
Financial profile 5 of 5 axes measured · computed by Checked
Health100Profitability100Solvency100Growth78Stability100
96 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.9% Low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2012, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2021 · computed
100 / 100 Excellent
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2021. Indicative, not credit advice.
Financial overview9 NBB filings
Annual accounts filed on 20-06-2022 with the NBB · fiscal year 2021 · micro
€0€200k€400kRevenue 2019: €353k€353kOperating result 2019: €44k€44kNet result 2019: €25k€25kRevenue 2020: €262k€262kOperating result 2020: €42k€42kNet result 2020: €26k€26kRevenue 2021: €456k€456kOperating result 2021: €131k€131kNet result 2021: €91k€91k201920202021
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~68.9%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€100k€200k€300k€400k2022: €253k (€238k - €268k)2023: €319k (€304k - €334k)2024: €385k (€370k - €400k)2019: €54k2020: €96k2021: €187k201920202021202220232024
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2021 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 72.6% 22.3%
better than 88% of 2241 sector peers
Net result €91k €3k
better than 95% of 2236 sector peers
Equity €187k €13k
better than 95% of 2248 sector peers
Gross operating margin €203k €30k
better than 94% of 2223 sector peers
Staff costs €54k €27k
higher than 71% of 1402 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€456k
+74.3% 19-21
EBITDA
€145k
+169.4% 19-21
Net profit
€91k
+251.0% 19-21
Cash flow
€104k
+176.9% 19-21
Total assets
€257k
+160.0% 19-21
Equity
€187k
+94.6% 19-21
Working capital
€26k
-63.2% 19-21
Employees (FTE)
1
0.0% 19-21
Show 14 other metrics
Staff costs
€54k
- 19-21
Income taxes
€38k
- 19-21
Debt
€70k
+2351.9% 19-21
Debt ≤ 1y
€18k
+541.6% 19-21
Debt > 1y
€52k
+19015.7% 19-21
Current ratio
2.41
-90.6% 19-21
Quick ratio
2.41
-90.6% 19-21
Solvency
72.6%
-25.2% 19-21
Debt / equity
0.38
+7442.8% 19-21
ROE
48.6%
+80.4% 19-21
ROA
35.3%
+35.0% 19-21
Net margin
19.9%
+101.4% 19-21
EBITDA margin
31.8%
+54.6% 19-21
Interest coverage
53.21
- 19-21
Figures by fiscal year
Fiscal year2021
Depositmicro
Revenue€456k
EBITDA€145k
Net profit€91k
Cash flow€104k
Staff costs€54k
Income taxes€38k
Dividends-
Total assets€257k
Equity€187k
Debt€70k
of which ≤ 1y€18k
of which > 1y€52k
Working capital€26k
Employees (FTE)1.0
Ratios (computed)
2021
Current ratio2.41
Quick ratio2.41
Working capital ratio10.1%
Solvency72.6%
Debt / equity0.38
Long-term debt ratio0.28
Interest coverage53.21
Gross margin42.1%
Net margin19.9%
ROA35.3%
ROE48.6%
EBITDA margin31.8%
Days sales outstanding7d
Days payable outstanding0d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€257k
Fixed assets 21/28€213k
Tangible fixed assets 22/27€210k
Financial fixed assets 28€2k
Current assets 29/58€44k
Amounts receivable within one year 40/41€8k
Cash & bank 54/58€36k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€257k
Equity 10/15€187k
Contributions / capital 10/11€1k
Reserves 13€186k
Amounts payable 17/49€70k
Amounts payable after one year 17€52k
Amounts payable within one year 42/48€18k
Trade debts payable within one year 44€89
Income statement
Turnover 70€456k
Gross operating margin 9900€203k
Operating result 9901€131k
Financial charges 65€3k
Result before taxes 9903€129k
Income taxes 67/77€38k
Net result for the period 9904€91k
Result to be appropriated 9905€87k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Cafés en bars(56301)
Legal form Limited partnership(612)
Incorporation14-02-2012
StatusActive
Postal code8400
Establishment units 1 location
AQUAMARINE
Kadzandstraat 2, 8400 OostendeRestaurant van het traditionele type
since 20122.207.739.893
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35013A0469/00C000 Flanders 74 m² 1 · 97 m² 13.4 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023
21-04-2023
State Gazette act Capital & shares
2022
20-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
22-02-2022
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
17-06-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2018
04-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
07-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
15-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
19-06-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2014
12-06-2014
NBB filing Annual accounts filed
fiscal year 2013 · verkort
2013
11-07-2013
NBB filing Annual accounts filed
fiscal year 2012 · verkort
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Capital history · 1
21-04-2023
Capital change
All acts · 1 updated 3 years ago
2023
21-04-2023 Capital increase of €1,000 to €2,000 Capital & shares
  • €1.000 → €2.000
Technical details 
{
  "events": [
    {
      "kind": "share_class_creation",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "statutory_reserve_release",
      "after_eur": 2000.0,
      "delta_eur": 1000.0,
      "before_eur": 1000.0,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": "convert_to_distributable"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-04-21",
    "filing_date": "2023-02-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": null,
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-04-10"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0844.295.918",
    "name_full": "AQUA - GRILL",
    "legal_form": "commanditaire vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Notulen van de buitengewone algemene vergadering dd. 10/04/2023",
    "Geco\u00F6rdineerde tekst van de statuten dd. 10/04/2023"
  ],
  "shareholders_after": [],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111Cafés en bars56301Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Andere drinkgelegenheden56309
Primary activity highlighted.
Names & trade names
Legal nameNL AQUAMARINE
Registered office
Kadzandstraat 2
8400 Oostende, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 1,391 of 13,891 companies in this sector with filed accounts
JFK Wiekevorst BE 0753.831.144 · Heist-op-den-Berg
VOS BE 0765.230.426 · Genk
Les Bleus BE 0401.801.813 · Dour
EliJa BE 0770.601.949 · Hasselt
HOMH BE 0633.811.856 · Antwerpen
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative