L'HISTOIRE D'EAU
ActiveL'HISTOIRE D'EAU has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-84k) and a net result of €-26k. Equity is shrinking by ~29.5% per year across the filed fiscal years. Its solvency ranks better than 12% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-75
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3 against 0.7 in 2024; short-term debt: 71.1% and cash: 3.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-113.3%
Return on assets
-34.5%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-84k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
on the day
2023
35 d early
2022
30 d late
2021
31 d early
2020
31 d early
2019
on the day
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-84k▼ 43.7%
2024 · €-58k
2018: €40k
2019: €17k
2020: €-20k
2021: €-54k
2022: €-66k
2023: €-66k
2024: €-58k
2018 → 2025
Total assets
€74k▼ 22.5%
2024 · €96k
2018: €189k
2019: €166k
2020: €134k
2021: €106k
2022: €104k
2023: €113k
2024: €96k
2018 → 2025
Net result
€-26k
2024 · €8k
2018: €-93
2019: €-24k
2020: €-37k
2021: €-34k
2022: €-12k
2023: €10
2024: €8k
2018 → 2025
Working capital
€-37k▼ 172%
2024 · €-14k
2018: €31k
2019: €-17k
2020: €-36k
2021: €-60k
2022: €-92k
2023: €-107k
2024: €-14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-54k-€-66k▼ 22.4%€-66k=€-58k▲ 11.5%€-84k▼ 43.7%
Operating result€-31k-€-9k▲ 69.3%€2k€12k▲ 625%€-20k
Net result€-34k-€-12k▲ 64.0%€10€8k▲ 74,837%€-26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20k after €12k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€58k▼ 9.3%
Current assets
€16k▼ 49.8%
Key figures and ratios
EBITDA
€-3k▼
2024 · €29k
Cash flow
€-8k▼
2024 · €25k
Solvency
-113.3%▼
2024 · -61.1%
Current ratio
0.30▼
2024 · 0.70
Quick ratio
0.23▼
2024 · 0.63
Debt / equity
-1.88▲
2024 · -2.64
ROA
-34.5%▼
2024 · 8.0%
Interest coverage
-0.55▼
2024 · 5.56
Debt
€158k▲
2024 · €154k
Debt ≤ 1 year
€53k▲
2024 · €45k
Debt > 1 year
€104k▼
2024 · €109k
Income taxes
€2▼
2024 · €4
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€96k€74k▼
Fixed assets21/28€64k€58k▼
Tangible fixed assets22/27€64k€58k▼
Land and buildings22€19k€19k=
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€571€104▼
Other tangible fixed assets26€42k€38k▼
Current assets29/58€31k€16k▼
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€17k€7k▼
Trade receivables40€5k€0▼
Other amounts receivable41€12k€7k▼
Cash at bank and in hand54/58€9k€3k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€96k€74k▼
Equity10/15€-58k€-84k▼
Contributions10/11€19k€19k=
Reserves13€19k€19k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€-96k€-122k▼
Amounts payable17/49€154k€158k▲
Amounts payable after more than one year17€109k€104k▼
Financial debts170/4€109k€104k▼
Amounts payable within one year42/48€45k€53k▲
Current portion of amounts payable after more than one year42€21k€6k▼
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Advances received on contracts in progress46€10k€5k▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€2k▼
Other amounts payable47/48€6k€35k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A€6k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€32k€-551▼
Operating profit (loss)9901€12k€-20k▼
Financial income75/76B€560€9▼
Recurring financial income75€560€9▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€8k€-26k▼
Income taxes67/77€4€2▼
Profit (loss) for the period9904€8k€-26k▼
Profit (loss) for the period to be appropriated9905€8k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-96k€-122k▼
Profit (loss) brought forward from the previous period14P€-104k€-96k▲
The notes to these accounts (8 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €8k ▲74837%
Operating result €12k, net result €8k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €10
Net result €10 after 5 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Aalst · 1 establishment unit since 2012
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.
Termurenlaan 299320 AalstGround area
882 m²
Building footprint
204 m²
Volume, LiDAR
1,313 m³
2 parcels, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L'HISTOIRE D'EAU
since 20122.207.865.203
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0307/00M000 | Flanders | 765 m² | 1 · 112 m² | 12.7 m · 3 fl. |
| 41342B0311/00N000 | Flanders | 117 m² | 1 · 91 m² | 8.8 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalst2.207.865.203
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Of 6,712 companies in sector 96230 we hold annual accounts for 629. 448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2012
Fiscal year end31-12
Activities, NACEBEL
96040Personal service activities
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.