AQUATECH TRAITEMENT DES EAUX
ActiveAQUATECH TRAITEMENT DES EAUX has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129k and a net result of €43k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+61
Solvency60▼-14
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 3.98 in 2024; short-term debt: 41.5% and cash: 33.9% of total assets), but 64.6% 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 · 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 · 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
35.4%
Return on assets
11.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
20 d early
2023
25 d early
2022
11 d early
2021
32 d early
2020
31 d early
2019
41 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€43k
2024 · €-10k
2018: €37k
2019: €31k
2020: €34k
2021: €84k
2022: €59k
2023: €44k
2024: €-10k
2018 → 2025
Working capital
€180k▼ 13.0%
2024 · €207k
2018: €173k
2019: €199k
2020: €218k
2021: €218k
2022: €276k
2023: €324k
2024: €207k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€254k-€312k▲ 23.1%€357k▲ 14.2%€149k▼ 58.3%€129k▼ 13.5%
Operating result€100k-€82k▼ 18.0%€52k▼ 36.8%€-11k€67k
Net result€84k-€59k▼ 29.9%€44k▼ 24.3%€-10k€43k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €67k after a loss of €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €363k
Fixed assets
€32k▲ 12.9%
Current assets
€331k▲ 19.6%
Equity and liabilities €363k
Equity
€129k▼ 13.5%
Debt
€234k▲ 49.7%
The debt ratio rises from 51.3% to 64.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€83k▲
2024 · €3k
Cash flow
€60k▲
2024 · €4k
Solvency
35.4%▼
2024 · 48.7%
Current ratio
2.20▼
2024 · 3.98
Quick ratio
1.44▼
2024 · 2.69
Debt / equity
1.82▲
2024 · 1.05
ROE
33.4%▲
2024 · -6.5%
ROA
11.8%▲
2024 · -3.2%
Interest coverage
11.11▲
2024 · 1.02
Debt
€234k▲
2024 · €157k
Debt ≤ 1 year
€151k▲
2024 · €70k
Debt > 1 year
€84k▼
2024 · €87k
Income taxes
€17k▲
2024 · €7k
Staff costs
€351k▲
2024 · €311k
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€305k€363k▲
Fixed assets21/28€28k€32k▲
Tangible fixed assets22/27€28k€32k▲
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€19k€24k▲
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€60€60=
Current assets29/58€277k€331k▲
Stocks and contracts in progress3€89k€115k▲
Stocks30/36€89k€115k▲
Amounts receivable within one year40/41€39k€74k▲
Trade receivables40€24k€61k▲
Other amounts receivable41€16k€13k▼
Cash at bank and in hand54/58€138k€123k▼
Deferred charges and accrued income490/1€10k€19k▲
Equity and liabilities
Total equity and liabilities10/49€305k€363k▲
Equity10/15€149k€129k▼
Contributions10/11€19k€19k=
Reserves13€279k€279k=
Tax-exempt reserves132€15k€15k=
Distributable reserves133€264k€264k=
Profit (loss) carried forward14€-149k€-169k▼
Amounts payable17/49€157k€234k▲
Amounts payable after more than one year17€87k€84k▼
Financial debts170/4€87k€84k▼
Amounts payable within one year42/48€70k€151k▲
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€25k€84k▲
Suppliers440/4€25k€84k▲
Advances received on contracts in progress46€3k€7k▲
Taxes, remuneration and social security45€12k€29k▲
Taxes450/3-€7k
Remuneration and social security454/9€12k€21k▲
Other amounts payable47/48€17k€18k▲
Income statement
Code20242025
Non-recurring operating income76A€19k€5k▼
Remuneration, social security and pensions62€311k€351k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€17k▲
Other operating charges640/8€3k€8k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€317k€444k▲
Operating profit (loss)9901€-11k€67k▲
Financial income75/76B€11k€1k▼
Recurring financial income75€11k€1k▼
Financial charges65/66B€3k€7k▲
Recurring financial charges65€3k€7k▲
Profit (loss) for the period before taxes9903€-3k€60k▲
Income taxes67/77€7k€17k▲
Profit (loss) for the period9904€-10k€43k▲
Profit (loss) for the period to be appropriated9905€-10k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-106k▼
Profit (loss) brought forward from the previous period14P€695€-149k▼
Transfer from equity791/2€59k€0▼
Profit to be distributed694/7€199k€63k▼
Return on contributions (dividend)694€199k€63k▼
The notes to these accounts (12 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-10k ▼122%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 14.69
Current ratio from 7.27 to 14.69; short-term debt falls from €44k to €24k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity triplescurrent ratio 7.27
Current ratio from 2.58 to 7.27; short-term debt falls from €137k to €44k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €84k ▲146%
Operating result €100k, net result €84k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €219k ▲16.8%
2 profitable years in a row build equity to €219k.
07-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
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.
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, Courcelles · 1 establishment unit since 2005
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.
Rue de Forchies(CO) 896180 CourcellesGround area
2,110 m²
Building footprint
61 m²
Volume, LiDAR
505 m³
2 parcels, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Aquatech traitement des eaux
since 20052.145.932.186
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92065B0017/00F002 | Wallonia | 1,546 m² | - | - |
| 52015C1359/00H002 | Wallonia | 564 m² | 1 · 61 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DELATTRE TERRASSEMENT
BE 0671.953.642
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Bouwbedrijf Pelssers
BE 0478.010.852
Maasmechelen · Eq €129k
TERRASSEMENT MIKE PELZER
BE 0715.398.556
Dalhem · Eq €128k
M & S HENDRICK
BE 0741.716.636
Vielsalm · Eq €129k
PRAGMA CONSTRUCT
BE 1017.618.288
Kortrijk · Eq €128k
Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,662 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2005
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43221Plumbing work
45112
45332
42220Construction of utility projects for electricity and telecommunications
45215
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52461
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 21 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
2 entriesE-mail:aquatech@proximedia.be
Phone:0495/24.88.84