VAQUARA
ActiveSummary
VAQUARA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-24k) and a net result of €-2k. Equity is shrinking by ~62.9% per year across the filed fiscal years. Its solvency ranks better than 6% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▲+22
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.59 against 0.62 in 2024; short-term debt: 167.8% and cash: 0.6% of total assets), and equity is negative.
Credit check 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
-67.8%
Return on assets
-6.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-24k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
328 d late
2023
9 d early
2022
6 d early
2021
58 d late
2020
9 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-24k▼ 10.2%
2024 · €-21k
2020: €20khighest in 6 years
2021: €8k▼ -61.7% vs 2020
2022: €3k▼ -58.3% vs 2021
2023: €2k▼ -30.5% vs 2022
2024: €-21k▼ -1059% vs 2023
2025: €-24k▼ -10.2% vs 2024lowest in 6 years
2020 → 2025
Total assets
€35k▼ 0.2%
2024 · €35k
2020: €77khighest in 6 years
2021: €69k▼ -10.6% vs 2020
2022: €68k▼ -2.2% vs 2021
2023: €54k▼ -20.4% vs 2022
2024: €35k▼ -35.0% vs 2023
2025: €35k▼ -0.2% vs 2024lowest in 6 years
2020 → 2025
Net result
€-2k▲ 90.8%
2024 · €-24k
2020: €-5k
2021: €-12k▼ -157% vs 2020
2022: €-5k▲ +63.8% vs 2021
2023: €-982▲ +78.2% vs 2022highest in 6 years
2024: €-24k▼ -2317% vs 2023lowest in 6 years
2025: €-2k▲ +90.8% vs 2024
2020 → 2025
Working capital
€-24k▼ 10.1%
2024 · €-22k
2020: €20khighest in 6 years
2021: €8k▼ -61.7% vs 2020
2022: €3k▼ -58.3% vs 2021
2023: €2k▼ -30.5% vs 2022
2024: €-22k▼ -1068% vs 2023
2025: €-24k▼ -10.1% vs 2024lowest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€3k▼ 58.3%€2k▼ 30.5%€-21k€-24k▼ 10.2%
2021: €8khighest in 5 years
2022: €3k▼ -58.3% vs 2021
2023: €2k▼ -30.5% vs 2022
2024: €-21k▼ -1059% vs 2023
2025: €-24k▼ -10.2% vs 2024lowest in 5 years
Operating result€-12k-€-4k▲ 63.8%€-869▲ 80.5%€-24k▼ 2,623%€-2k▲ 91.0%
2021: €-12k
2022: €-4k▲ +63.8% vs 2021
2023: €-869▲ +80.5% vs 2022highest in 5 years
2024: €-24k▼ -2623% vs 2023lowest in 5 years
2025: €-2k▲ +91.0% vs 2024
Net result€-12k-€-5k▲ 63.8%€-982▲ 78.2%€-24k▼ 2,317%€-2k▲ 90.8%
2021: €-12k
2022: €-5k▲ +63.8% vs 2021
2023: €-982▲ +78.2% vs 2022highest in 5 years
2024: €-24k▼ -2317% vs 2023lowest in 5 years
2025: €-2k▲ +90.8% 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 €2k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets
€200 =
Current assets
€35k ▼ 0.2%
Key figures and ratios
Solvency
-67.8%▼
2024 · -61.4%
Current ratio
0.59▼
2024 · 0.62
Quick ratio
0.46▼
2024 · 0.48
Debt to equity
-2.47▲
2024 · -2.63
ROA
-6.3%▲
2024 · -67.8%
Debt
€59k▲
2024 · €56k
Debt ≤ 1 year
€59k▲
2024 · €56k
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 · 31 lines
Balance sheet
Code20242025
Assets
Total assets20/58€35k€35k▼
Fixed assets21/28€200€200=
Financial fixed assets28€200€200=
Current assets29/58€35k€35k▼
Stocks and contracts in progress3€8k€8k=
Stocks30/36€8k€8k=
Amounts receivable within one year40/41€27k€27k=
Trade receivables40€10k€10k=
Other amounts receivable41€17k€17k=
Cash at bank and in hand54/58€279€219▼
Equity and liabilities
Total equity and liabilities10/49€35k€35k▼
Equity10/15€-21k€-24k▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-46k€-49k▼
Amounts payable17/49€56k€59k▲
Amounts payable within one year42/48€56k€59k▲
Trade debts44€10k€10k=
Suppliers440/4€10k€10k=
Taxes, remuneration and social security45€1k€1k=
Taxes450/3€1k€1k=
Other amounts payable47/48€45k€47k▲
Income statement
Code20242025
Other operating charges640/8€679-
Gross operating margin9900€-23k€-2k▲
Operating profit (loss)9901€-24k€-2k▲
Financial charges65/66B€70€60▼
Recurring financial charges65€70€60▼
Profit (loss) for the period before taxes9903€-24k€-2k▲
Profit (loss) for the period9904€-24k€-2k▲
Profit (loss) for the period to be appropriated9905€-24k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-49k▼
Profit (loss) brought forward from the previous period14P€-23k€-46k▼
The notes to these accounts (2 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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €5k | €3k | - | €679 | - | - |
| Gross operating margin9900 | €-8k | €-1k | €-869 | €-23k | €-2k | ▲ 90.7% |
| Operating profit (loss)9901 | €-12k | €-4k | €-869 | €-24k | €-2k | ▲ 91.0% |
| Financial charges65/66B | €148 | €55 | €113 | €70 | €60 | ▼ 14.3% |
| Recurring financial charges65 | €148 | €55 | €113 | €70 | €60 | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | €-12k | €-5k | €-982 | €-24k | €-2k | ▲ 90.8% |
| Profit (loss) for the period9904 | €-12k | €-5k | €-982 | €-24k | €-2k | ▲ 90.8% |
| Profit (loss) for the period to be appropriated9905 | €-12k | €-5k | €-982 | €-24k | €-2k | ▲ 90.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69k | €68k | €54k | €35k | €35k | ▼ 0.2% |
| Fixed assets21/28 | - | - | - | €200 | €200 | = |
| Financial fixed assets28 | - | - | - | €200 | €200 | = |
| Current assets29/58 | €69k | €68k | €54k | €35k | €35k | ▼ 0.2% |
| Stocks and contracts in progress3 | €8k | €8k | €8k | €8k | €8k | = |
| Stocks30/36 | €8k | €8k | €8k | €8k | €8k | = |
| Amounts receivable within one year40/41 | €51k | €54k | €43k | €27k | €27k | = |
| Trade receivables40 | €11k | €11k | - | €10k | €10k | = |
| Other amounts receivable41 | €40k | €43k | €43k | €17k | €17k | = |
| Cash at bank and in hand54/58 | €11k | €6k | €3k | €279 | €219 | ▼ 21.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69k | €68k | €54k | €35k | €35k | ▼ 0.2% |
| Equity10/15 | €8k | €3k | €2k | €-21k | €-24k | ▼ 10.2% |
| Contributions10/11 | €25k | €25k | €25k | €25k | €25k | = |
| Outside capital11 | €25k | - | - | - | - | - |
| Other1109/19 | €25k | - | - | - | - | - |
| Profit (loss) carried forward14 | €-17k | €-22k | €-23k | €-46k | €-49k | ▼ 4.7% |
| Amounts payable17/49 | €61k | €64k | €52k | €56k | €59k | ▲ 3.8% |
| Amounts payable within one year42/48 | €61k | €64k | €52k | €56k | €59k | ▲ 3.8% |
| Trade debts44 | €11k | €14k | €1k | €10k | €10k | = |
| Suppliers440/4 | €11k | €14k | €1k | €10k | €10k | = |
| Taxes, remuneration and social security45 | €1k | €1k | €1k | €1k | €1k | = |
| Taxes450/3 | €1k | €1k | €1k | €1k | €1k | = |
| Other amounts payable47/48 | €49k | €49k | €49k | €45k | €47k | ▲ 4.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-12k | €-5k | €-982 | €-24k | €-2k | ▲ 90.8% |
| Operating cash flow (approximation) | €-12k | €-5k | €-982 | €-24k | €-2k | ▲ 90.8% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | €-5k | €-3k | €-3k | €-60 | ▲ 97.9% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 328 days late
2024
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Namur · 1 establishment unit since 2019
Ground area
1,346 m²
Building footprint
237 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
VAQUARA
since 20192.326.883.015
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51022E0445/00D000 | Wallonia | 1,210 m² | 1 · 149 m² | - |
| 92108B0054/00N010 | Wallonia | 137 m² | 1 · 88 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Café Don Quichote
BE 0747.817.342
Duffel · Eq €2,241
IMMO INVEST CORPORATE
BE 0746.987.003
Charleroi · Eq €2,238
Buelens-Nijs
BE 0412.961.860
Aarschot · Eq €2,229
KERMAJA
BE 0632.945.784
Sint-Pieters-Woluwe · Eq €2,260
Lymmo
BE 0589.997.649
Ranst · Eq €2,221
Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 826 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
Founded25-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.