AQUATECHNIEK MAESEN
ActiveSummary
AQUATECHNIEK MAESEN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €545k and a net result of €-6k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 70% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
73
/ 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
Profitability68▲+11
Solvency91▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.62 against 5.27 in 2024; short-term debt: 13.8% and cash: 6.8% of total assets), and 34.2% of the assets are financed with debt.
Credit advice for your own amount and term
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 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-6k
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
68 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€545k▼ 1.1%
2024 · €551k
2018: €166k
2019: €256k
2020: €320k
2021: €536k
2022: €593k
2023: €577k
2024: €551k
2018 → 2025
Total assets
€828k▲ 5.9%
2024 · €782k
2018: €502k
2019: €634k
2020: €684k
2021: €980k
2022: €776k
2023: €922k
2024: €782k
2018 → 2025
Net result
€-6k▲ 78.0%
2024 · €-27k
2018: €74k
2019: €91k
2020: €89k
2021: €225k
2022: €74k
2023: €-16k
2024: €-27k
2018 → 2025
Working capital
€414k▼ 5.6%
2024 · €438k
2018: €115k
2019: €211k
2020: €249k
2021: €440k
2022: €507k
2023: €460k
2024: €438k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€536k-€593k▲ 10.6%€577k▼ 2.6%€551k▼ 4.6%€545k▼ 1.1%
Operating result€331k-€112k▼ 66.2%€-7k€-25k▼ 280%€-12k▲ 50.9%
Net result€225k-€74k▼ 67.2%€-16k€-27k▼ 71.2%€-6k▲ 78.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €25k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €828k
Fixed assets
€300k ▲ 24.4%
Current assets
€528k ▼ 2.4%
Equity and liabilities €828k
Equity
€545k ▼ 1.1%
Debt
€284k ▲ 22.4%
Debt's share of the balance-sheet total rises from 29.6% to 34.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€45k▲
2024 · €32k
Cash flow
€51k▲
2024 · €31k
Current ratio
4.62▼
2024 · 5.27
Quick ratio
4.35▼
2024 · 4.97
Debt to equity
0.52▲
2024 · 0.42
ROE
-1.1%▲
2024 · -4.8%
ROA
-0.7%▲
2024 · -3.4%
Interest coverage
8.51▲
2024 · 5.06
Debt ≤ 1 year
€114k▲
2024 · €103k
Debt > 1 year
€169k▲
2024 · €129k
Income taxes
€313▼
2024 · €371
Staff costs
€150k▼
2024 · €151k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€782k€828k▲
Formation expenses20€0€0=
Fixed assets21/28€241k€300k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€241k€300k▲
Land and buildings22€107k€102k▼
Plant, machinery and equipment23€8k€3k▼
Furniture and vehicles24€126k€196k▲
Current assets29/58€541k€528k▼
Stocks and contracts in progress3€30k€30k=
Stocks30/36€30k€30k=
Amounts receivable within one year40/41€177k€176k▼
Trade receivables40€165k€127k▼
Other amounts receivable41€12k€50k▲
Current investments50/53€250k€265k▲
Cash at bank and in hand54/58€75k€57k▼
Deferred charges and accrued income490/1€9k-
Equity and liabilities
Total equity and liabilities10/49€782k€828k▲
Equity10/15€551k€545k▼
Contributions10/11€19k€19k=
Reserves13€552k€552k=
Distributable reserves133€552k€552k=
Profit (loss) carried forward14€-20k€-26k▼
Amounts payable17/49€232k€284k▲
Amounts payable after more than one year17€129k€169k▲
Financial debts170/4€129k€169k▲
Amounts payable within one year42/48€103k€114k▲
Current portion of amounts payable after more than one year42€49k€60k▲
Trade debts44€18k€40k▲
Suppliers440/4€18k€40k▲
Advances received on contracts in progress46€26k-
Taxes, remuneration and social security45€7k€12k▲
Taxes450/3€2k€12k▲
Remuneration and social security454/9€5k€4▼
Other amounts payable47/48€4k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€826-
Remuneration, social security and pensions62€151k€150k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€57k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€186k€197k▲
Operating profit (loss)9901€-25k€-12k▲
Financial income75/76B€5k€12k▲
Recurring financial income75€5k€12k▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€6k€5k▼
Non-recurring financial charges66B€250-
Profit (loss) for the period before taxes9903€-26k€-6k▲
Income taxes67/77€371€313▼
Profit (loss) for the period9904€-27k€-6k▲
Profit (loss) for the period to be appropriated9905€-27k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-26k▲
Profit (loss) brought forward from the previous period14P-€-20k
Transfer from equity791/2€6k-
The notes to these accounts (16 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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 7.63
Current ratio from 2.45 to 7.63; short-term debt falls from €304k to €77k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €225k ▲154%
Operating result €331k, net result €225k, both a record.
31-12
Financial
Equity above €500kEq €536k ▲67.2%
4 profitable years in a row build equity to €536k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €200kEq €256k ▲54.9%
2 profitable years in a row build equity to €256k.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
31-07
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
7 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, Dilsen-Stokkem · 1 establishment unit since 2010
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.
Ondernemerspark 483650 Dilsen-StokkemGround area
6,771 m²
Building footprint
395 m²
Volume, LiDAR
594 m³
Parcel 73043A0831/00A000, Flanders · tallest building 3.9 m. Linked by address, not a title deed.
1 establishment unit
Aquatechniek Maesen
since 20102.189.779.552
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73043A0831/00A000 | Flanders | 6,771 m² | 1 · 395 m² | 3.9 m |
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.
Similar companies · same sector, comparable size
V&K GROUP
BE 0785.298.439
Sint-Agatha-Berchem · Eq €544,189
BETONBORINGEN TURBOBOOR
BE 0888.228.604
Menen · Eq €543,815
VAN DYCK LEON EN ZOON
BE 0456.042.332
Brasschaat · Eq €543,526
SILVRETTA
BE 0881.837.886
Elsene · Eq €543,485
SMARD
BE 0848.993.389
Brussel · Eq €547,532
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,398 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
47762Retail sale of pets, pet food and pet supplies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.