ASBL AQUALAINE

Active

Non-profit associationfounded 1998active for 28 yearsRue de la Chapelle 30, 4800 Verviers, BelgiumKBO/BCE: BE 0465.043.041

Summary

ASBL AQUALAINE has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €193,987 and a net result of €35,532. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 75% of 73 sector peers (NACE 91, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

ASBL AQUALAINEActiveChecked score 98/100

Risk analysis Report Compare

Activity

Libraries, archives, museums and other cultural activities

NACE 91220

5th oldest company in Verviers, Arts, sports and recreation sector1 site

Size

€248,082total assets 2025

Staff: 7 FTE
Equity: €193,987
Surplus: €35,532

Financial health

98 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Board: 7 members

2025 accounts filed 27 days late2 of 9 deeds summarised

Why 98lowers riskLegal form: non-profit associationLiquidity: current ratio 3.94, cash €168,947Equity €193,987 (78.2% of total assets)Founded in 1998Show the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 82% of its sector peers (NACE 91, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100+1

equity 78.2% of total assets

Liquidity 93+3

short-term debt 21.8% · cash 68.1%

Profitability 87+13

return on assets 14.3%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (147 companies, NACE 91, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 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: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €19,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.94, compared with 3.26 in 2024, above the usual 1.5; short-term debt: 21.8% and cash: 68.1% of total assets), and 21.8% of the assets are financed with debt and provisions.

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 91, micro): better than 85% on solvency, 79% on liquidity, 82% on profitability and 80% on growth.

The bankruptcy probability was computed on 25-10-2026 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 riskneutral

Legal form: non-profit association

KBO

Liquidity: current ratio 3.94, cash €168,947

NBB · annual accounts

Equity €193,987 (78.2% of total assets)

NBB · annual accounts

Founded in 1998

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

27 days late

2024

9 days early

2023

7 days early

2022

11 days early

2021

317 days late

2020

682 days late

2019

1056 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 294 days after the deadline; the sector median (NACE 91) for financial year 2024 is 22 days before the deadline, and 29% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 filed years within 33 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-08-2026 Annual accounts filedfinancial year 2025 · full…
07-01-2026 Appointments: Chefneux Jean-François, Baudinet Caroline and…Resignations: PIRON Bernard, THOMAS Bertrand…
31-12-2025 Highest result from 2018 to 2025net €35,532 ▲269%

Key points

Caution: Among the weakest 16% on equitysector median €565,609 · 73 companies €193,987 View
Board7 directors in office 7 View
Active since 1998founded 16-03-1998 28 years View

By topic

Financials

Financial year: 2025
Total assets: €248,082
Profit: €35,532
Solvency: 78.2%

Total assets▲ 15.8%

Net result

20182025

Go to Financials

Board & ownership

Board: 7 members

Baudinet CarolineDirector
Chefneux Jean-FrançoisDirector
Darfoufi AyaDirector
Demonceau CélineDirector
GrandjeanDirector

and 2 other directors

Go to Board & ownership

Timeline

Events: 22
Since: 2009
Next accounts: by 31-07-2027

22-07-2025Annual accounts filed
24-07-2024Annual accounts filed
14-11-2023Appointment: BASAULA NANGI Chimaine (director)

Go to Timeline

Company details

Sites: 1

Legal form: Non-profit association
Activity: Libraries, archives, museums and other cultural activitiesNACE 91220
Founded: 16-03-1998
Year ends: 31-12
Peppol: Not found in the Peppol directory

Go to Company details

Articles of association

Provisions read: 40

Purpose: “Elle contribue notamment, en collaboration avec la Maison du Tourisme du Pays de Vcsdre et…” (deed in French)

Go to Articles of association

Key facts about ASBL AQUALAINE

What is the company number of ASBL AQUALAINE?: 0465.043.041. In Belgium the VAT number is the company number with BE in front: BE 0465.043.041.
Where is ASBL AQUALAINE based?: The registered office is at Rue de la Chapelle 30, 4800 Verviers.Company details
What does ASBL AQUALAINE do?: According to the KBO register, the main activity is libraries, archives, museums and other cultural activities (NACE 91220).
What is the legal form of ASBL AQUALAINE?: Non-profit association (VZW).
When was ASBL AQUALAINE founded?: On 16-03-1998.
Is ASBL AQUALAINE still active?: Yes, ASBL AQUALAINE is an active enterprise in the KBO register.
How many employees does ASBL AQUALAINE have?: On average 7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ASBL AQUALAINE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ASBL AQUALAINE profitable?: In financial year 2025, ASBL AQUALAINE made a profit of €35,532.
Where can I find the annual accounts of ASBL AQUALAINE?: ASBL AQUALAINE filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ASBL AQUALAINE due?: By 31-07-2027, for financial year 2026.Timeline