AQUANT
ActiveSummary
AQUANT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,041 and a net result of €17,050. Equity is shrinking by ~19.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 27% of 7586 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency46▲+28
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.28 against 0.9 in 2024; short-term debt: 76.8% and cash: 3.4% of total assets), and 78.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
21.1%
Return on assets
25.6%
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 27-09-2026, 58 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 · 10 filingsDeviation from the deadline
2025
58 d late
2024
156 d late
2023
23 d late
2022
58 d late
2021
78 d late
2020
116 d late
2019
32 d early
← 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 65 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 27 September (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, micro schema
Equity
€14,041
2024 · -€3,009
Total assets
€66,687▲ 46.5%
2024 · €45,525
Net result
€17,050
2024 · -€8,055
Working capital
€14,416
2024 · -€5,049
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,196▲ 86.6%€20,933-€13,817-€7,318▲ 47.0%€19,146
Net result-€1,259below the sector's middle half▲ 92.6%€15,723within the sector's middle half-€14,650below the sector's middle half-€8,055below the sector's middle half▲ 45.0%€17,050within the sector's middle half
Equity€24,433within the sector's middle half▲ 83.8%€19,696within the sector's middle half▼ 19.4%€5,046below the sector's middle half▼ 74.4%-€3,009below the sector's middle half€14,041below the sector's middle half
Total assets€71,331within the sector's middle half▲ 15.8%€56,877below the sector's middle half▼ 20.3%€44,780below the sector's middle half▼ 21.3%€45,525below the sector's middle half▲ 1.7%€66,687within the sector's middle half▲ 46.5%
Debt€46,898▼ 2.9%€37,181▼ 20.7%€39,734▲ 6.9%€48,534▲ 22.1%€52,645▲ 8.5%
Working capital€21,134within the sector's middle half▲ 292%€14,879within the sector's middle half▼ 29.6%€1,452within the sector's middle half▼ 90.2%-€5,049below the sector's middle half€14,416within the sector's middle half
Solvency34.3%within the sector's middle half▲ 12.7pp34.6%within the sector's middle half▲ 0.4pp11.3%below the sector's middle half▼ 23.4pp-6.6%below the sector's middle half▼ 17.9pp21.1%within the sector's middle half▲ 27.7pp
Current ratio1.58within the sector's middle half▲ 0.371.48within the sector's middle half▼ 0.101.04within the sector's middle half▼ 0.440.90below the sector's middle half▼ 0.141.28within the sector's middle half▲ 0.39
Return on assets (ROA)-1.8%below the sector's middle half▲ 26.0pp27.6%above the sector's middle half▲ 29.4pp-32.7%below the sector's middle half▼ 60.4pp-17.7%below the sector's middle half▲ 15.0pp25.6%above the sector's middle half▲ 43.3pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €19,146 after a loss of €7,318 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66,687
Fixed assets
€1,075 ▼ 47.3%
Current assets
€65,612 ▲ 50.9%
Equity and liabilities €66,687
Equity
€14,041
Debt
€52,645
Debt finances 78.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€20,111▲
2024 · -€2,057
Cash flow
€18,015▲
2024 · -€2,794
Debt to equity
3.75▲
2024 · -16.13
ROE
121.4%
Interest coverage
28.80▲
2024 · -0.94
Debt ≤ 1 year
€51,195▲
2024 · €48,534
Income taxes
€2,326▲
2024 · -€186
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,834 | €5,309 | €5,659 | €5,261 | €965 | ▼ 81.7% |
| Other operating charges640/8 | €1,101 | €2,197 | €1,951 | €1,596 | €2,875 | ▲ 80.1% |
| Non-recurring operating charges66A | - | - | - | €547 | €2,500 | ▲ 357% |
| Gross operating margin9900 | €15,738 | €28,438 | -€6,207 | €86 | €25,486 | ▲ 29,528% |
| Operating profit (loss)9901 | -€2,196 | €20,933 | -€13,817 | -€7,318 | €19,146 | ▲ 362% |
| Financial income75/76B | €29 | €2 | €0 | €1,276 | €929 | ▼ 27.2% |
| Recurring financial income75 | €29 | €2 | €0 | €1,276 | €929 | ▼ 27.2% |
| Financial charges65/66B | €764 | €916 | €550 | €2,199 | €698 | ▼ 68.2% |
| Recurring financial charges65 | €764 | €916 | €550 | €2,199 | €698 | ▼ 68.2% |
| Profit (loss) for the period before taxes9903 | -€2,931 | €20,019 | -€14,367 | -€8,241 | €19,376 | ▲ 335% |
| Income taxes67/77 | -€1,672 | €4,296 | €283 | -€186 | €2,326 | ▲ 1,347% |
| Profit (loss) for the period9904 | -€1,259 | €15,723 | -€14,650 | -€8,055 | €17,050 | ▲ 312% |
| Profit (loss) for the period to be appropriated9905 | -€1,259 | €15,723 | -€14,650 | -€8,055 | €17,050 | ▲ 312% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71,331 | €56,877 | €44,780 | €45,525 | €66,687 | ▲ 46.5% |
| Formation expenses20 | - | - | - | €0 | - | - |
| Fixed assets21/28 | €13,981 | €11,117 | €5,458 | €2,040 | €1,075 | ▼ 47.3% |
| Intangible fixed assets21 | - | - | - | €0 | - | - |
| Tangible fixed assets22/27 | €13,981 | €11,117 | €5,458 | €2,040 | €1,075 | ▼ 47.3% |
| Land and buildings22 | - | - | - | €0 | - | - |
| Plant, machinery and equipment23 | €446 | €2,204 | €1,166 | €2,040 | €1,075 | ▼ 47.3% |
| Furniture and vehicles24 | €13,535 | €8,914 | €4,293 | €0 | - | - |
| Leasing and similar rights25 | - | - | - | €0 | - | - |
| Other tangible fixed assets26 | - | - | - | €0 | - | - |
| Assets under construction and advance payments27 | - | - | - | €0 | - | - |
| Financial fixed assets28 | €0 | - | - | €0 | - | - |
| Current assets29/58 | €57,350 | €45,759 | €39,322 | €43,485 | €65,612 | ▲ 50.9% |
| Amounts receivable after more than one year29 | - | - | - | €0 | - | - |
| Trade receivables290 | - | - | - | €0 | - | - |
| Other amounts receivable291 | - | - | - | €0 | - | - |
| Stocks and contracts in progress3 | - | - | - | €0 | - | - |
| Stocks30/36 | - | - | - | €0 | - | - |
| Contracts in progress37 | - | - | - | €0 | - | - |
| Amounts receivable within one year40/41 | €55,210 | €41,845 | €36,973 | €37,919 | €63,344 | ▲ 67.0% |
| Trade receivables40 | €23,032 | €14,853 | €8,517 | €14,970 | €50,663 | ▲ 238% |
| Other amounts receivable41 | €32,178 | €26,991 | €28,457 | €22,949 | €12,681 | ▼ 44.7% |
| Current investments50/53 | - | - | - | €0 | - | - |
| Cash at bank and in hand54/58 | €0 | €1,285 | €0 | €2,712 | €2,245 | ▼ 17.2% |
| Deferred charges and accrued income490/1 | €2,140 | €2,630 | €2,348 | €2,854 | €23 | ▼ 99.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71,331 | €56,877 | €44,780 | €45,525 | €66,687 | ▲ 46.5% |
| Equity10/15 | €24,433 | €19,696 | €5,046 | -€3,009 | €14,041 | ▲ 567% |
| Contributions10/11 | €18,600 | €0 | - | €0 | - | - |
| Revaluation surpluses12 | - | - | - | €0 | - | - |
| Reserves13 | €21,888 | €20,028 | €20,028 | €20,028 | €20,028 | = |
| Non-distributable reserves130/1 | €1,860 | €0 | - | €0 | - | - |
| Reserves not available under the articles1311 | €1,860 | €0 | - | €0 | - | - |
| Own shares acquired1312 | - | - | - | €0 | - | - |
| Financial assistance1313 | - | - | - | €0 | - | - |
| Other1319 | - | - | - | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €0 | - | - |
| Distributable reserves133 | €20,028 | €20,028 | €20,028 | €20,028 | €20,028 | = |
| Profit (loss) carried forward14 | -€16,055 | -€332 | -€14,982 | -€23,037 | -€5,986 | ▲ 74.0% |
| Investment grants15 | - | - | - | €0 | - | - |
| Advance to shareholders on the distribution of net assets19 | - | - | - | €0 | - | - |
| Provisions and deferred taxes16 | - | - | - | €0 | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0 | - | - |
| Pensions and similar obligations160 | - | - | - | €0 | - | - |
| Taxes161 | - | - | - | €0 | - | - |
| Major repairs and maintenance162 | - | - | - | €0 | - | - |
| Environmental obligations163 | - | - | - | €0 | - | - |
| Other liabilities and charges164/5 | - | - | - | €0 | - | - |
| Deferred taxes168 | - | - | - | €0 | - | - |
| Amounts payable17/49 | €46,898 | €37,181 | €39,734 | €48,534 | €52,645 | ▲ 8.5% |
| Amounts payable after more than one year17 | €10,682 | €6,301 | €1,865 | €0 | - | - |
| Financial debts170/4 | €10,682 | €6,301 | €1,865 | €0 | - | - |
| Trade debts175 | - | - | - | €0 | - | - |
| Advances received on contracts in progress176 | - | - | - | €0 | - | - |
| Other amounts payable178/9 | - | - | - | €0 | - | - |
| Amounts payable within one year42/48 | €36,216 | €30,880 | €37,870 | €48,534 | €51,195 | ▲ 5.5% |
| Current portion of amounts payable after more than one year42 | €12,278 | €4,381 | €4,436 | €1,865 | €0 | ▼ 100% |
| Financial debts43 | €1,967 | €10 | €3,479 | €0 | - | - |
| Credit institutions430/8 | €1,967 | €10 | €3,479 | €0 | - | - |
| Other loans439 | - | - | - | €0 | - | - |
| Trade debts44 | €19,882 | €16,058 | €18,581 | €34,971 | €39,918 | ▲ 14.1% |
| Suppliers440/4 | €19,882 | €16,058 | €18,581 | €34,971 | €39,918 | ▲ 14.1% |
| Bills of exchange payable441 | - | - | - | €0 | - | - |
| Advances received on contracts in progress46 | - | - | - | €0 | - | - |
| Taxes, remuneration and social security45 | €2,089 | €10,431 | €11,373 | €11,698 | €7,411 | ▼ 36.6% |
| Taxes450/3 | €2,089 | €10,431 | €11,373 | €11,698 | €5,411 | ▼ 53.7% |
| Remuneration and social security454/9 | - | - | - | €0 | €2,000 | - |
| Other amounts payable47/48 | - | - | - | €0 | €3,866 | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | €1,450 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,259 | €15,723 | -€14,650 | -€8,055 | €17,050 | ▲ 312% |
| + Depreciation and write-downs630 | €16,834 | €5,309 | €5,659 | €5,261 | €965 | ▼ 81.7% |
| Operating cash flow (approximation) | €15,574 | €21,032 | -€8,991 | -€2,794 | €18,015 | ▲ 745% |
| Investment in fixed assets (approximation) | - | -€2,445 | €0 | -€1,842 | €0 | ▲ 100% |
| Change in cash | - | €1,285 | -€1,285 | €2,712 | -€466 | ▼ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 58 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 156 days late
2025
31-12
Financial
Back to profitnet €17,050
Net result €17,050 after 2 loss-making years.
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-12
Financial
Back to profitnet €15,723
Net result €15,723 after 2 loss-making years.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 116 days late
2020
31-12
Financial
Weakest financial yearnet -€17,117
Net result drops to -€17,117, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3,426
Net result €3,426 after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Berlare · 1 establishment unit since 2012
Ground area
562 m²
Building footprint
181 m²
Volume, LiDAR
852 m³
Parcel 42003B0283/00E000, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SVSIG BVBA
since 20122.213.687.478
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003B0283/00E000 | Flanders | 562 m² | 1 · 181 m² | 8.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2022 to 2025 · 4 entries · 8,238 EUR awarded · 11,448 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,429 EUR | 5,429 EUR |
| 2024 | 1 | 1,567 EUR | 1,567 EUR |
| 2023 | 1 | 885 EUR | 4,095 EUR |
| 2022 | 1 | 357 EUR | 357 EUR |
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 10,480 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0848451674
Also
9925:BE0848451674
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.