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AQUATIC SCIENCE

Active
Public limited companyfounded 200322 years activeAvenue des Biolleux 8, 4800 Verviers, BelgiumKBO/BCE: BE 0861.153.429
Summary

AQUATIC SCIENCE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of -€281,804. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 239 sector peers (NACE 72, fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Research and development on biotechnology
NACE 72101Wholesale trade NACE 46382
#7 employer in Verviers, Professional and technical services sector1 site
Size
€3.8mtotal assets 2025
Staff
11 FTE
Equity
€3.3m
Loss
-€281,804
Financial health
69 Healthy Checked score 2025
Bankruptcy probability, 12 months
0.7%
Structure
Largest shareholder
QBIC II FUND ARKIV · 24.5%
Board
6 members
Holdings
3
Accounts filed 3 days late
Why 69- 1 change of registered office in 24 months- Loss of €281,804 (FY 2025)- Liquidity: current ratio 2.06, cash €43,805, halved+ Figures for FY 2025 (filed 03-08-2026)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 44% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Average
Solvency 100+3
equity 85.2% of total assets
Liquidity 49-2
short-term debt 13.5% · cash 1.1%
Profitability 10-86
return on assets -7.3%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,377 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.3%▲ +0.2 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.7%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.7%● unchanged vs 09-2026highest value
Credit up to €220,000 at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.88 in 2024; short-term debt: 13.5% and cash: 1.1% of total assets), and 14.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 92% on solvency, 60% on liquidity, 7% on profitability and 19% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Loss of €281,804 (FY 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.06, cash €43,805, halved
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 03-08-2026)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 filings
Deviation from the deadline
2025
3 days late
2024
16 days early
2023
8 days late
2022
38 days early
2021
17 days early
2020
41 days late
2019
31 days late
← 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 2 days after the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% 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 15 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Permanent representative: Thomas HENDRIXState Gazette act
  3. Resignation: SRL LG ENGINEERING (non-statutory director)Appointment: SRL Allies For Growth…

Key points

  • Caution: From profit to loss in 2025after €1.1m in 2024 -€281,804 View
  • Positive: Employer in Verviers, Professional and technical services sectorin the Checked rankings #7 View
  • Board6 directors in office 6 View

By topic

Financials

Fiscal year
2025
Total assets
€3.8m
Loss
-€281,804
Solvency
85.2%
Total assets▼ 22.5%
Net result
20182025
Go to Financials

Timeline

Events
33
Since
2007
Next accounts
by 31-07-2027
  1. 15-07-2025Annual accounts filed
  2. 11-02-2025Registered office
  3. 07-01-2025Reappointments: Notger Invest SA, Retail Consulting &…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Research and development on biotechnologyNACE 72101
Founded
17-10-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
La société a pour objet la conception, le développement, l'amélioration, la fabrication…
Go to Articles of association

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