AQUAMASS
ActiveThe computed 12-month bankruptcy probability of AQUAMASS is 2.6% (moderate). The 2025 annual accounts show equity of €38k and a net result of €924. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 67% of 27711 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-5
Solvency88▲+30
Growth78=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.49 against 1.38 in 2024; short-term debt: 37.3% and cash: 21.1% of total assets), and 37.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
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
62.7%
Return on assets
1.5%
Age of the figures
9 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 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
16 d late
2022
53 d early
2021
60 d late
2020
155 d early
2019
77 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▼ 2.0%
2024 · €39k
2019: €2k
2020: €8k
2021: €34k
2022: €34k
2023: €34k
2024: €39k
2019 → 2025
Total assets
€61k▼ 48.5%
2024 · €118k
2019: €157k
2020: €144k
2021: €200k
2022: €194k
2023: €146k
2024: €118k
2019 → 2025
Net result
€924▼ 86.2%
2024 · €7k
2019: €-8k
2020: €7k
2021: €27k
2022: €1k
2023: €2k
2024: €7k
2019 → 2025
Working capital
€34k▲ 31.6%
2024 · €26k
2019: €158
2020: €34k
2021: €41k
2022: €35k
2023: €46k
2024: €26k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€34k▼ 1.2%€34k▲ 1.4%€39k▲ 14.7%€38k▼ 2.0%
Operating result€43k-€16k▼ 63.8%€12k▼ 21.5%€14k▲ 12.4%€3k▼ 79.8%
Net result€27k-€1k▼ 95.6%€2k▲ 70.2%€7k▲ 224%€924▼ 86.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€4k▼ 82.8%
Current assets
€57k▼ 38.9%
Equity and liabilities €61k
Equity
€38k▼ 2.0%
Debt
€23k▼ 71.4%
The debt ratio falls from 67.0% to 37.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24k▼
2024 · €33k
Cash flow
€22k▼
2024 · €26k
Solvency
62.7%▲
2024 · 33.0%
Current ratio
2.49▲
2024 · 1.38
Quick ratio
1.34▲
2024 · 0.89
Debt / equity
0.59▼
2024 · 2.03
ROE
2.4%▼
2024 · 17.1%
ROA
1.5%▼
2024 · 5.6%
Interest coverage
23.23▲
2024 · 7.06
Debt
€23k▼
2024 · €79k
Debt ≤ 1 year
€23k▼
2024 · €67k
Income taxes
€820▼
2024 · €2k
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€118k€61k▼
Fixed assets21/28€26k€4k▼
Tangible fixed assets22/27€26k€4k▼
Plant, machinery and equipment23€774-
Furniture and vehicles24€1k-
Other tangible fixed assets26€24k€4k▼
Current assets29/58€92k€57k▼
Stocks and contracts in progress3€33k€26k▼
Stocks30/36€33k€26k▼
Amounts receivable within one year40/41€34k€14k▼
Trade receivables40€34k€14k▼
Cash at bank and in hand54/58€23k€13k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€118k€61k▼
Equity10/15€39k€38k▼
Contributions10/11€10k€10k=
Reserves13€29k€28k▼
Distributable reserves133€29k€28k▼
Amounts payable17/49€79k€23k▼
Amounts payable after more than one year17€13k-
Financial debts170/4€13k-
Amounts payable within one year42/48€67k€23k▼
Current portion of amounts payable after more than one year42€10k€3k▼
Trade debts44€11k€7k▼
Suppliers440/4€11k€7k▼
Taxes, remuneration and social security45€27k€7k▼
Taxes450/3€23k€7k▼
Remuneration and social security454/9€4k-
Other amounts payable47/48€19k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€17k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€22k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€6k-
Gross operating margin9900€57k€26k▼
Operating profit (loss)9901€14k€3k▼
Financial charges65/66B€5k€1k▼
Recurring financial charges65€5k€1k▼
Profit (loss) for the period before taxes9903€9k€2k▼
Income taxes67/77€2k€820▼
Profit (loss) for the period9904€7k€924▼
Profit (loss) for the period to be appropriated9905€7k€924▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€924▼
Transfer from equity791/2-€776
Transfer to equity691/2€5k-
To other reserves6921€5k-
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Highest result since 2019net €27k ▲298%
Operating result €43k, net result €27k, both a record.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Holsbeek · 2 establishment units since 2019
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.
Bergestraat 473220 HolsbeekGround area
3,576 m²
Building footprint
1,209 m²
Volume, LiDAR
7,559 m³
3 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Aquamass
since 20192.291.749.714
Aquamass BV
since 20212.321.757.158
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126B0233/00F006 | Flanders | 1,857 m² | 1 · 891 m² | 11.8 m · 2 fl. |
| 24126B0290/00C005 | Flanders | 879 m² | 1 · 230 m² | 12.0 m · 3 fl. |
| 24043C0187/00C002 | Flanders | 840 m² | 1 · 88 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
2023 · 1 entry · 2,955 EUR awarded · 616 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,955 EUR | 616 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,910 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2019
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:kurt@aquamass.com