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AQUATIC SCIENCE

Active
Public limited companyfounded 200322 yrs 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 (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Research and development on biotechnology
NACE 72101Wholesale trade NACE 46382NACE 46383
#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 chance 12 m
0.7%
Structure
Largest shareholder
QBIC II FUND ARKIV · 24.5%
Board
6 members
Holdings
3
Accounts filed 3 d 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%
Better than 44% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
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%● 0.0% vs 11-2024lowest value 01-2025: 0.1%● 0.0% vs 12-2024lowest value 02-2025: 0.1%● 0.0% vs 01-2025lowest value 03-2025: 0.3%▲ +162% vs 02-2025 04-2025: 0.3%▲ +13.6% vs 03-2025 05-2025: 0.4%▲ +25.0% vs 04-2025 06-2025: 0.4%▲ +10.7% vs 05-2025 07-2025: 0.4%▲ +11.4% vs 06-2025 08-2025: 0.1%▼ -71.8% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.2%▲ +22.0% vs 03-2026 05-2026: 0.2%▲ +26.5% vs 04-2026 06-2026: 0.2%▲ +8.2% vs 05-2026 07-2026: 0.2%▲ +11.8% vs 06-2026 08-2026: 0.4%▲ +61.6% vs 07-2026 09-2026: 0.7%▲ +71.3% vs 08-2026highest value 10-2026: 0.7%● 0.0% vs 09-2026highest value
  • 1 change of registered office in 24 months raises the probability
  • Loss of €281,804 (FY 2025) raises the probability
  • Liquidity: current ratio 2.06, cash €43,805, halved raises the probability
  • Figures for FY 2025 (filed 03-08-2026) lowers the probability
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 comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 92%, liquidity 60%, profitability 7%, growth against the median 19%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Loss of €281,804 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.06, cash €43,805, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 03-08-2026)
In the bankruptcy model this factor lowers the probability.
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 d late
2024
16 d early
2023
8 d late
2022
38 d early
2021
17 d early
2020
41 d late
2019
31 d 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
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
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. 03-08-2026Annual accounts filed
  2. 26-05-2026Permanent representative: Thomas HENDRIX
  3. 24-10-2025Resignation: SRL LG ENGINEERING (non-statutory director)
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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