RS-AQUA
ActiveSummary
RS-AQUA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,987 and a net result of €5,771. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 95% of 2395 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Operation of sports facilities
NACE 93110NACE 92613
#5 oldest company in Aarschot, Arts, sports and recreation sector1 site
How big
€30,145turnover 2025
- Equity
- €47,987
- Profit
- €5,771
Who decides
Accounts on time0 of 1 deed read
Why 87+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+31
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 13.59 against 7.93 in 2024; short-term debt: 7.4% and cash: 11.6% of total assets), and 7.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.6%
Return on assets
11.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
28 d early
2022
34 d early
2021
33 d early
2020
1 d early
2019
30 d early
← 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 18 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 3 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €5,771
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Turnover €30,145Profit €5,771Solvency 92.6%Liquidity 13.59
Turnover
€30,145
2025
Net result
€5,771
2019 - 2025
Equity
€47,987▲ 13.7%
2019 - 2025
Solvency
92.6%▲ 5.2pp
2019 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€30,145
Operating result€754▼ 93.4%-€762-€1,124▼ 47.5%€8,487€11,774▲ 38.7%
Net result€2,799within the sector's middle half▼ 78.4%€791within the sector's middle half▼ 71.7%€730within the sector's middle half▼ 7.7%-€4,663within the sector's middle half€5,771within the sector's middle half
EBIT margin39.1%
Equity€45,358within the sector's middle half▲ 6.6%€46,149within the sector's middle half▲ 1.7%€46,878within the sector's middle half▲ 1.6%€42,215within the sector's middle half▼ 9.9%€47,987within the sector's middle half▲ 13.7%
Total assets€51,185below the sector's middle half▲ 12.3%€51,335below the sector's middle half▲ 0.3%€51,534below the sector's middle half▲ 0.4%€48,274below the sector's middle half▼ 6.3%€51,794below the sector's middle half▲ 7.3%
Debt€5,827▲ 92.8%€5,187▼ 11.0%€4,656▼ 10.2%€6,058▲ 30.1%€3,807▼ 37.2%
Working capital€44,207above the sector's middle half▲ 7.7%€45,853above the sector's middle half▲ 3.7%€46,338above the sector's middle half▲ 1.1%€41,971within the sector's middle half▼ 9.4%€47,936above the sector's middle half▲ 14.2%
Solvency88.6%above the sector's middle half▼ 4.8pp89.9%above the sector's middle half▲ 1.3pp91.0%above the sector's middle half▲ 1.1pp87.5%above the sector's middle half▼ 3.5pp92.6%above the sector's middle half▲ 5.2pp
Current ratio8.59above the sector's middle half▼ 5.999.84above the sector's middle half▲ 1.2510.95above the sector's middle half▲ 1.117.93above the sector's middle half▼ 3.0313.59above the sector's middle half▲ 5.66
Return on assets (ROA)5.5%within the sector's middle half▼ 22.9pp1.5%within the sector's middle half▼ 3.9pp1.4%within the sector's middle half▼ 0.1pp-9.7%below the sector's middle half▼ 11.1pp11.1%within the sector's middle half▲ 20.8pp
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 39% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51,794
Fixed assets
€51 ▼ 79.0%
Current assets
€51,743 ▲ 7.7%
Equity and liabilities €51,794
Equity
€47,987 ▲ 13.7%
Debt
€3,807 ▼ 37.2%
Debt's share of the balance-sheet total falls from 12.5% to 7.4%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€11,967▲
2024 · €8,783
Cash flow
€5,964▲
2024 · -€4,367
Debt to equity
0.08▼
2024 · 0.14
ROE
12.0%▲
2024 · -11.0%
Interest coverage
44.31▲
2024 · 41.52
Debt ≤ 1 year
€3,807▼
2024 · €6,058
Income taxes
€3,369▲
2024 · €2,730
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €30,145 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €18,122 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €956 | €855 | €334 | €296 | €193 | ▼ 34.9% |
| Other operating charges640/8 | - | €348 | €348 | €547 | €57 | ▼ 89.6% |
| Gross operating margin9900 | €2,058 | €441 | -€442 | €9,330 | €12,024 | ▲ 28.9% |
| Operating profit (loss)9901 | €754 | -€762 | -€1,124 | €8,487 | €11,774 | ▲ 38.7% |
| Financial income75/76B | - | €2,088 | €2,324 | €2,609 | - | - |
| Recurring financial income75 | €4,001 | €2,088 | €2,324 | €2,609 | - | - |
| Financial charges65/66B | - | €130 | €130 | €13,028 | €2,633 | ▼ 79.8% |
| Recurring financial charges65 | €611 | €130 | €130 | €212 | €270 | ▲ 27.7% |
| Non-recurring financial charges66B | - | - | - | €12,817 | €2,363 | ▼ 81.6% |
| Profit (loss) for the period before taxes9903 | €4,144 | €1,196 | €1,070 | -€1,932 | €9,141 | ▲ 573% |
| Income taxes67/77 | €1,345 | €405 | €341 | €2,730 | €3,369 | ▲ 23.4% |
| Profit (loss) for the period9904 | €2,799 | €791 | €730 | -€4,663 | €5,771 | ▲ 224% |
| Profit (loss) for the period to be appropriated9905 | €2,799 | €791 | €730 | -€4,663 | €5,771 | ▲ 224% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,185 | €51,335 | €51,534 | €48,274 | €51,794 | ▲ 7.3% |
| Fixed assets21/28 | €1,151 | €296 | €540 | €244 | €51 | ▼ 79.0% |
| Tangible fixed assets22/27 | €1,151 | €296 | €540 | €244 | €51 | ▼ 79.0% |
| Furniture and vehicles24 | - | €296 | €540 | €244 | €51 | ▼ 79.0% |
| Current assets29/58 | €50,034 | €51,040 | €50,994 | €48,030 | €51,743 | ▲ 7.7% |
| Amounts receivable within one year40/41 | €49,998 | €50,470 | €50,069 | €45,354 | €45,758 | ▲ 0.9% |
| Trade receivables40 | - | €249 | €2,938 | €3,624 | €2,610 | ▼ 28.0% |
| Other amounts receivable41 | - | €50,222 | €47,132 | €41,730 | €43,149 | ▲ 3.4% |
| Cash at bank and in hand54/58 | €36 | €569 | €925 | €2,676 | €5,984 | ▲ 124% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,185 | €51,335 | €51,534 | €48,274 | €51,794 | ▲ 7.3% |
| Equity10/15 | €45,358 | €46,149 | €46,878 | €42,215 | €47,987 | ▲ 13.7% |
| Contributions10/11 | €13,900 | €13,900 | €13,900 | €13,900 | €13,900 | = |
| Capital10 | - | €13,900 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €4,700 | - | - | - | - |
| Reserves13 | €31,458 | €32,249 | €32,978 | €32,978 | €32,978 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €30,389 | €31,118 | €31,118 | €31,118 | = |
| Profit (loss) carried forward14 | - | - | €0 | -€4,663 | €1,109 | ▲ 124% |
| Amounts payable17/49 | €5,827 | €5,187 | €4,656 | €6,058 | €3,807 | ▼ 37.2% |
| Amounts payable within one year42/48 | €5,827 | €5,187 | €4,656 | €6,058 | €3,807 | ▼ 37.2% |
| Current portion of amounts payable after more than one year42 | - | €4,157 | €4,146 | €2,868 | - | - |
| Trade debts44 | - | €348 | €510 | €2,845 | - | - |
| Suppliers440/4 | - | €348 | €510 | €2,845 | - | - |
| Taxes, remuneration and social security45 | - | €682 | - | €345 | €3,807 | ▲ 1,003% |
| Taxes450/3 | - | €682 | - | €345 | €3,807 | ▲ 1,003% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,799 | €791 | €730 | -€4,663 | €5,771 | ▲ 224% |
| + Depreciation and write-downs630 | €956 | €855 | €334 | €296 | €193 | ▼ 34.9% |
| Operating cash flow (approximation) | €3,755 | €1,646 | €1,064 | -€4,367 | €5,964 | ▲ 237% |
| Investment in fixed assets (approximation) | - | €0 | -€578 | €0 | €0 | - |
| Change in cash | - | €534 | €355 | €1,751 | €3,308 | ▲ 88.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
SOCCER CITY
BE 0719.971.711
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Régie communale autonome d’Aywaille
BE 1007.983.121
Aywaille · Eq €47,898
HANREZ STABLES
BE 0781.386.666
Blégny · Eq €47,790
SQUADRA
BE 0455.519.522
Zoersel · Eq €47,654
DUMA SPORTS
BE 0759.843.956
Brugge · Eq €48,480
Of 3,293 companies in this sector we hold annual accounts for 1,500. 974 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
14 eventsLatest 30-04-2026Next filing 30-04-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €5,771
Net result €5,771 after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet -€4,663
Net result drops to -€4,663, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2019net €12,951 ▲2,419%
Net result €12,951, the highest in the series.
30-09
Financial
Liquidity doublescurrent ratio 14.58
Current ratio from 7.00 to 14.58; short-term debt falls from €5,010 to €3,022.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-04
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 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 09-10-1996Year ends 30-09Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded09-10-1996
Fiscal year end30-09
Activities, NACEBEL 2025
93110Operation of sports facilities
46170Agents in the wholesale of food, beverages and tobacco
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458998060
Also
9925:BE0458998060
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Aarschot · 1 establishment unit since 1996
Ground area
1,140 m²
Building footprint
139 m²
Volume, LiDAR
857 m³
Parcel 24092A0115/00S000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
RS-AQUA
since 1996unit no. 2.078.721.579
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24092A0115/00S000 | Flanders | 1,140 m² | 1 · 139 m² | 8.9 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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