AQUEA

Open bankruptcy

Private limited companyfounded 2011Rue d'Eupen 70, 4950 Waimes, BelgiumKBO/BCE: BE 0835.383.794

A bankruptcy procedure is open for AQUEA according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2024 annual accounts show equity of €123k and a net result of €59k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-04-2025, 97 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

97 d early

2023

5 d early

2022

29 d late

2021

91 d late

2020

23 d late

2019

27 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€123k▲ 93.1%

2023 · €64k

2018: €-30k 2019: €8k 2020: €16k 2021: €18k 2022: €41k 2023: €64k

2018 → 2024

Total assets

€622k▲ 98.7%

2023 · €313k

2018: €73k 2019: €163k 2020: €121k 2021: €220k 2022: €223k 2023: €313k

2018 → 2024

Net result

€59k▲ 157%

2023 · €23k

2018: €14k 2019: €38k 2020: €8k 2021: €2k 2022: €22k 2023: €23k

2018 → 2024

Working capital

€246k▲ 157%

2023 · €96k

2018: €-36k 2019: €-1k 2020: €61 2021: €37k 2022: €5k 2023: €96k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€16k-€18k▲ 12.6%€41k▲ 121%€64k▲ 56.9%€123k▲ 93.1%

Operating result€11k-€6k▼ 47.4%€33k▲ 469%€37k▲ 12.6%€98k▲ 168%

Net result€8k-€2k▼ 75.3%€22k▲ 983%€23k▲ 4.0%€59k▲ 157%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 168% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €622k

20.6%

79.4%

Fixed assets €128k▲ 179%

Current assets €494k▲ 84.9%

Equity and liabilities €622k

19.8%

80.2%

Equity €123k▲ 93.1%

Debt €499k▲ 100%

The debt ratio rises from 79.6% to 80.2%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€126k▲

2023 · €50k

Cash flow

€87k▲

2023 · €36k

Solvency

19.8%▼

2023 · 20.4%

Current ratio

1.99▲

2023 · 1.56

Quick ratio

1.36▲

2023 · 0.61

Debt / equity

4.06▲

2023 · 3.91

ROE

48.2%▲

2023 · 36.3%

ROA

9.5%▲

2023 · 7.4%

Interest coverage

10.10▼

2023 · 11.72

Debt

€499k▲

2023 · €249k

Debt ≤ 1 year

€248k▲

2023 · €171k

Debt > 1 year

€251k▲

2023 · €78k

Income taxes

€27k▲

2023 · €9k

Staff costs

€131k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€313k€622k▲

Fixed assets21/28€46k€128k▲

Intangible fixed assets21€11k€8k▼

Tangible fixed assets22/27€35k€120k▲

Plant, machinery and equipment23€14k€15k▲

Furniture and vehicles24-€51k

Leasing and similar rights25€21k€53k▲

Financial fixed assets28€179€179=

Current assets29/58€267k€494k▲

Stocks and contracts in progress3€163k€157k▼

Stocks30/36€163k€157k▼

Amounts receivable within one year40/41€103k€335k▲

Trade receivables40€103k€309k▲

Other amounts receivable41€19€27k▲

Current investments50/53€226€226=

Cash at bank and in hand54/58-€1k

Equity and liabilities

Total equity and liabilities10/49€313k€622k▲

Equity10/15€64k€123k▲

Contributions10/11€19k€19k=

Reserves13€44k€104k▲

Non-distributable reserves130/1€273€273=

Reserves not available under the articles1311€273€273=

Distributable reserves133€44k€103k▲

Amounts payable17/49€249k€499k▲

Amounts payable after more than one year17€78k€251k▲

Financial debts170/4€21k€194k▲

Other amounts payable178/9€57k€57k=

Amounts payable within one year42/48€171k€248k▲

Current portion of amounts payable after more than one year42€8k€24k▲

Financial debts43€80k€60k▼

Credit institutions430/8€80k€60k▼

Trade debts44€58k€104k▲

Suppliers440/4€58k€104k▲

Taxes, remuneration and social security45€25k€60k▲

Taxes450/3€25k€51k▲

Remuneration and social security454/9-€9k

Income statement Code20232024

Remuneration, social security and pensions62-€131k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€27k▲

Other operating charges640/8€14k€9k▼

Gross operating margin9900€64k€267k▲

Operating profit (loss)9901€37k€98k▲

Financial income75/76B€0€673▲

Recurring financial income75€0€673▲

Financial charges65/66B€4k€12k▲

Recurring financial charges65€4k€12k▲

Profit (loss) for the period before taxes9903€32k€86k▲

Income taxes67/77€9k€27k▲

Profit (loss) for the period9904€23k€59k▲

Profit (loss) for the period to be appropriated9905€23k€59k▲

Appropriation of the result

Profit (loss) to be appropriated9906€23k€59k▲

Transfer to equity691/2€23k€59k▲

To other reserves6921€23k€59k▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 15Signals 2Financial 3Filings 10

2026

22-05

Bankruptcy Opening

Tribunal de l’entreprise de Liège, division Liège · AQUEA SRL RUE D’EUPEN 70/A, 4950 WAIMES · event 18-05-2026

17-04

Judicial reorganisation Opening

Tribunal de l’entreprise de Liège · collectif_pme · event 24-03-2026

2025

25-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2018net €59k ▲157%

Operating result €98k, net result €59k, both a record.

31-12

Financial Equity above €100kEq €123k ▲93.1%

7 profitable years in a row build equity to €123k.

26-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

29-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 29 days late

2022

30-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 91 days late

2021

31-12

Financial Weakest financial yearnet €2k ▼75.3%

Net result drops to €2k, the lowest in the series.

23-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 23 days late

2020

27-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 27 days late

2019

29-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 29 days late

2018

16-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 16 days late

2017

18-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 18 days late

2016

11-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 11 days late

SignalFinancial 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, Waimes · 1 establishment unit since 2011

establishment The establishment unit on the map

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 d'Eupen 704950 Waimes

Ground area

2,870 m²

Building footprint

397 m²

Volume, LiDAR

3,119 m³

2 parcels, Wallonia · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

AQUEA

Avenue Reine Astrid 101, 4831 LimbourgWholesale trade

since 20112.202.121.120

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63009B0480/00N004	Wallonia	1,906 m²	1 · 208 m²	12.2 m · 3 fl.
63080F0129/00E002	Wallonia	963 m²	1 · 188 m²	7.2 m · 2 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.

Insolvency mandates

2 mandates

Role	Name	Tenure
Curator	JEAN-PHILIPPE RENAUD QUAI DES ARDENNES 65, 4020 LIEGE 2	18-05-2026 → present
Curator	ALAIN BODEUS QUAI DE ROME 19/8, 4000 LIEGE 1- . 27948 BELGISCH STAATSBLAD — 22.05.2026 — MONITEUR BELGE ↔ Also on 92 other cases	18-05-2026 → present