Liqua
ActiveSummary
Liqua has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-21k) and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-13
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 0.78 in 2024; short-term debt: 132.8% and cash: 58.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-32.8%
Return on assets
-17.7%
Age of the figures
15 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
19202122232425
2019 to 2025 · latest year €-21k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
14 d late
2023
28 d late
2022
on the day
2021
on the day
2020
11 d late
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-21k▼ 118%
2024 · €-10k
2019: €11k
2020: €24k▲ +105% vs 2019
2021: €35k▲ +49.2% vs 2020highest in 7 years
2022: €29k▼ -16.5% vs 2021
2023: €16k▼ -47.0% vs 2022
2024: €-10k▼ -162% vs 2023
2025: €-21k▼ -118% vs 2024lowest in 7 years
2019 → 2025
Total assets
€63k▼ 18.7%
2024 · €78k
2019: €33klowest in 7 years
2020: €85k▲ +157% vs 2019
2021: €116k▲ +37.2% vs 2020
2022: €124k▲ +6.6% vs 2021highest in 7 years
2023: €101k▼ -18.6% vs 2022
2024: €78k▼ -22.7% vs 2023
2025: €63k▼ -18.7% vs 2024
2019 → 2025
Net result
€-11k▲ 55.2%
2024 · €-25k
2019: €480
2020: €12k▲ +2417% vs 2019highest in 7 years
2021: €12k▼ -4.1% vs 2020
2022: €-6k▼ -150% vs 2021
2023: €-14k▼ -138% vs 2022
2024: €-25k▼ -82.0% vs 2023lowest in 7 years
2025: €-11k▲ +55.2% vs 2024
2019 → 2025
Working capital
€-29k▼ 48.7%
2024 · €-19k
2019: €11k
2020: €13k▲ +12.6% vs 2019
2021: €20k▲ +55.2% vs 2020highest in 7 years
2022: €15k▼ -24.0% vs 2021
2023: €4k▼ -76.9% vs 2022
2024: €-19k▼ -653% vs 2023
2025: €-29k▼ -48.7% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€29k▼ 16.5%€16k▼ 47.0%€-10k€-21k▼ 118%
2021: €35khighest in 5 years
2022: €29k▼ -16.5% vs 2021
2023: €16k▼ -47.0% vs 2022
2024: €-10k▼ -162% vs 2023
2025: €-21k▼ -118% vs 2024lowest in 5 years
Operating result€13k-€-6k€-14k▼ 141%€-25k▼ 83.2%€-11k▲ 55.5%
2021: €13khighest in 5 years
2022: €-6k▼ -144% vs 2021
2023: €-14k▼ -141% vs 2022
2024: €-25k▼ -83.2% vs 2023lowest in 5 years
2025: €-11k▲ +55.5% vs 2024
Net result€12k-€-6k€-14k▼ 138%€-25k▼ 82.0%€-11k▲ 55.2%
2021: €12khighest in 5 years
2022: €-6k▼ -150% vs 2021
2023: €-14k▼ -138% vs 2022
2024: €-25k▼ -82.0% vs 2023lowest in 5 years
2025: €-11k▲ +55.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €25k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€8k ▼ 17.7%
Current assets
€55k ▼ 18.9%
Key figures and ratios
EBITDA
€-9k▲
2024 · €-23k
Cash flow
€-9k▲
2024 · €-23k
Solvency
-32.8%▼
2024 · -12.2%
Current ratio
0.66▼
2024 · 0.78
Debt to equity
-4.05▲
2024 · -9.17
ROA
-17.7%▲
2024 · -32.1%
Interest coverage
-61.47▲
2024 · -154.06
Debt
€84k▼
2024 · €88k
Debt ≤ 1 year
€84k▼
2024 · €88k
Staff costs
€292
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€78k€63k▼
Fixed assets21/28€10k€8k▼
Intangible fixed assets21€10k€8k▼
Tangible fixed assets22/27€30€0▼
Plant, machinery and equipment23€30€0▼
Current assets29/58€68k€55k▼
Amounts receivable within one year40/41€6k€18k▲
Trade receivables40€5k€18k▲
Other amounts receivable41€403€0▼
Cash at bank and in hand54/58€62k€37k▼
Deferred charges and accrued income490/1€830€15▼
Equity and liabilities
Total equity and liabilities10/49€78k€63k▼
Equity10/15€-10k€-21k▼
Contributions10/11€6k€6k=
Reserves13€24k€24k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€-40k€-51k▼
Amounts payable17/49€88k€84k▼
Amounts payable within one year42/48€88k€84k▼
Trade debts44€6k€160▼
Suppliers440/4€6k€160▼
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€0€3k▲
Remuneration and social security454/9€1k€1k▼
Other amounts payable47/48€80k€80k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€292
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€665€771▲
Gross operating margin9900€-22k€-8k▲
Operating profit (loss)9901€-25k€-11k▲
Financial charges65/66B€148€152▲
Recurring financial charges65€148€152▲
Profit (loss) for the period before taxes9903€-25k€-11k▲
Profit (loss) for the period9904€-25k€-11k▲
Profit (loss) for the period to be appropriated9905€-25k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-51k▼
Profit (loss) brought forward from the previous period14P€-15k€-40k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €292 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €2k | €2k | ▼ 15.8% |
| Other operating charges640/8 | - | €606 | €627 | €665 | €771 | ▲ 15.9% |
| Gross operating margin9900 | €15k | €-3k | €-11k | €-22k | €-8k | ▲ 62.7% |
| Operating profit (loss)9901 | €13k | €-6k | €-14k | €-25k | €-11k | ▲ 55.5% |
| Financial income75/76B | - | €7 | - | - | - | - |
| Recurring financial income75 | €0 | €7 | - | - | - | - |
| Financial charges65/66B | - | €152 | €176 | €148 | €152 | ▲ 2.3% |
| Recurring financial charges65 | €145 | €152 | €176 | €148 | €152 | ▲ 2.3% |
| Profit (loss) for the period before taxes9903 | €13k | €-6k | €-14k | €-25k | €-11k | ▲ 55.2% |
| Income taxes67/77 | €1k | - | - | - | - | - |
| Profit (loss) for the period9904 | €12k | €-6k | €-14k | €-25k | €-11k | ▲ 55.2% |
| Profit (loss) for the period to be appropriated9905 | €12k | €-6k | €-14k | €-25k | €-11k | ▲ 55.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €116k | €124k | €101k | €78k | €63k | ▼ 18.7% |
| Fixed assets21/28 | €15k | €14k | €12k | €10k | €8k | ▼ 17.7% |
| Intangible fixed assets21 | €15k | €13k | €12k | €10k | €8k | ▼ 17.5% |
| Tangible fixed assets22/27 | - | €746 | €388 | €30 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €746 | €388 | €30 | €0 | ▼ 100% |
| Current assets29/58 | €101k | €110k | €89k | €68k | €55k | ▼ 18.9% |
| Amounts receivable within one year40/41 | €868 | €24k | €10k | €6k | €18k | ▲ 220% |
| Trade receivables40 | - | €24k | €10k | €5k | €18k | ▲ 244% |
| Other amounts receivable41 | - | - | - | €403 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €100k | €86k | €79k | €62k | €37k | ▼ 39.7% |
| Deferred charges and accrued income490/1 | - | €38 | - | €830 | €15 | ▼ 98.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €116k | €124k | €101k | €78k | €63k | ▼ 18.7% |
| Equity10/15 | €35k | €29k | €16k | €-10k | €-21k | ▼ 118% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €24k | €24k | €24k | €24k | €24k | = |
| Non-distributable reserves130/1 | - | €263 | - | - | - | - |
| Reserves not available under the articles1311 | - | €263 | - | - | - | - |
| Distributable reserves133 | - | €24k | €24k | €24k | €24k | = |
| Profit (loss) carried forward14 | €5k | €-787 | €-15k | €-40k | €-51k | ▼ 28.3% |
| Amounts payable17/49 | €81k | €95k | €86k | €88k | €84k | ▼ 3.9% |
| Amounts payable within one year42/48 | €81k | €95k | €86k | €88k | €84k | ▼ 3.9% |
| Trade debts44 | €38 | €7k | €162 | €6k | €160 | ▼ 97.4% |
| Suppliers440/4 | - | €7k | €162 | €6k | €160 | ▼ 97.4% |
| Taxes, remuneration and social security45 | - | €8k | €5k | €1k | €4k | ▲ 271% |
| Taxes450/3 | - | €5k | €2k | €0 | €3k | - |
| Remuneration and social security454/9 | - | €3k | €3k | €1k | €1k | ▼ 8.2% |
| Other amounts payable47/48 | - | €80k | €80k | €80k | €80k | ▼ 0.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €-6k | €-14k | €-25k | €-11k | ▲ 55.2% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €2k | €2k | ▼ 15.8% |
| Operating cash flow (approximation) | €13k | €-4k | €-12k | €-23k | €-9k | ▲ 58.8% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €0 | €0 | - |
| Change in cash | - | €-14k | €-7k | €-18k | €-24k | ▼ 39.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
30-06
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
30-06
Financial
Highest result since 2019net €12k ▲2,417%
Operating result €13k, net result €12k, both a record.
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Katelijne-Waver · 1 establishment unit since 2012
Ground area
955 m²
Building footprint
178 m²
Volume, LiDAR
1,187 m³
Parcel 12035B0717/00Z000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mechelsesteenweg(CEN) 99, 2860 Sint-Katelijne-Waver
since 20122.212.111.625
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035B0717/00Z000 | Flanders | 955 m² | 1 · 178 m² | 11.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 3,608 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-08-2012
Fiscal year end30-06
Abbreviation NL
Liqua Technologies
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
28990Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
62100Computer programming
74999Other professional, scientific and technical activities
Contact
Website
www.liquatechnologies.com
Scores and ratios are computed by Checked and are not a credit decision.