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Well-Aqua

Active
Private limited companyfounded 201312 yrs activeKetelstraat 46, 3454 Geetbets, BelgiumKBO/BCE: BE 0542.512.585

Well-Aqua has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 49% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-3
Solvency72▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.04 in 2024; short-term debt: 53.5% and cash: 72.9% of total assets), but 53.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
46.5%
Return on assets
3%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 filings
Deviation from the deadline
2025
2 d late
2024
43 d early
2023
on the day
2022
6 d late
2021
6 d early
2020
39 d early
2019
15 d early
← before the deadline after the deadline →
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 months
Position in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€81k▼ 15.5%
2024 · €96k
2019: €68k 2020: €83k 2021: €142k 2022: €142k 2023: €101k 2024: €96k
2019 → 2025
Total assets
€174k▼ 5.9%
2024 · €185k
2019: €176k 2020: €203k 2021: €246k 2022: €213k 2023: €214k 2024: €185k
2019 → 2025
Net result
€5k▼ 50.5%
2024 · €11k
2019: €6k 2020: €15k 2021: €59k 2022: €-293 2023: €129 2024: €11k
2019 → 2025
Working capital
€80k▼ 14.3%
2024 · €93k
2019: €32k 2020: €55k 2021: €122k 2022: €130k 2023: €96k 2024: €93k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€142k-€142k▼ 0.2%€101k▼ 28.4%€96k▼ 5.3%€81k▼ 15.5%
Operating result€88k-€-2€1k€14k▲ 1,039%€7k▼ 48.0%
Net result€59k-€-293€129€11k▲ 8,099%€5k▼ 50.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75k€100kOperating result 2021: €88k€88kNet result 2021: €59k€59kOperating result 2022: €-2€-2Net result 2022: €-293€-293Operating result 2023: €1k€1kNet result 2023: €129€129Operating result 2024: €14k€14kNet result 2024: €11k€11kOperating result 2025: €7k€7kNet result 2025: €5k€5k20212022202320242025
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €174k
Fixed assets €2k▼ 51.7%
Current assets €173k▼ 5.1%
Equity and liabilities €174k
Equity €81k▼ 15.5%
Debt €93k▲ 4.4%
The debt ratio rises from 48.2% to 53.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9k
2024 · €16k
Cash flow
€7k
2024 · €13k
Solvency
46.5%
2024 · 51.8%
Current ratio
1.85
2024 · 2.04
Quick ratio
1.80
2024 · 1.90
Debt / equity
1.15
2024 · 0.93
ROE
6.5%
2024 · 11.0%
ROA
3.0%
2024 · 5.7%
Interest coverage
73.60
2024 · 122.57
Debt
€93k
2024 · €89k
Debt ≤ 1 year
€93k
2024 · €89k
Income taxes
€2k
2024 · €4k
Staff costs
€64k
2024 · €65k
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€185k€174k
Fixed assets21/28€3k€2k
Tangible fixed assets22/27€3k€2k
Plant, machinery and equipment23€1k€594
Furniture and vehicles24€1k€610
Other tangible fixed assets26€701€310
Current assets29/58€182k€173k
Stocks and contracts in progress3€12k€5k
Stocks30/36€12k€5k
Amounts receivable within one year40/41€22k€8k
Trade receivables40€22k€8k
Current investments50/53€24k€29k
Cash at bank and in hand54/58€120k€127k
Deferred charges and accrued income490/1€4k€3k
Equity and liabilities
Total equity and liabilities10/49€185k€174k
Equity10/15€96k€81k
Contributions10/11€6k€6k=
Reserves13€90k€75k
Distributable reserves133€90k€75k
Profit (loss) carried forward14€-164€-164=
Amounts payable17/49€89k€93k
Amounts payable within one year42/48€89k€93k
Trade debts44€25k€37k
Suppliers440/4€25k€37k
Taxes, remuneration and social security45€27k€31k
Taxes450/3€23k€24k
Remuneration and social security454/9€4k€8k
Other amounts payable47/48€37k€25k
Income statement Code20242025
Remuneration, social security and pensions62€65k€64k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€1k€2k
Gross operating margin9900€82k€77k
Operating profit (loss)9901€14k€7k
Financial income75/76B€1k€559
Recurring financial income75€1k€559
Financial charges65/66B€129€119
Recurring financial charges65€129€119
Profit (loss) for the period before taxes9903€15k€8k
Income taxes67/77€4k€2k
Profit (loss) for the period9904€11k€5k
Profit (loss) for the period to be appropriated9905€11k€5k
Appropriation of the result
Profit (loss) to be appropriated9906€10k€5k
Profit (loss) brought forward from the previous period14P€-164€-164=
Transfer from equity791/2€16k€20k
Transfer to equity691/2€11k€5k
To the legal reserve6920-€5k
To other reserves6921€11k-
Profit to be distributed694/7€16k€20k
Return on contributions (dividend)694€16k€20k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
02-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2024
19-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Back to profitnet €129
Net result €129 after one loss-making year.
06-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
30-06
Financial Weakest financial yearnet €-293 ▼100%
Net result drops to €-293, the lowest in the series; recovery starts the following year.
25-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Highest result since 2019net €59k ▲293%
Operating result €88k, net result €59k, both a record.
30-06
Financial Equity above €100kEq €142k ▲71.6%
3 profitable years in a row build equity to €142k.
2020
23-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
16-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-12
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.

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, Geetbets · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Ketelstraat 463454 Geetbets
Ground area
1,624 m²
Building footprint
308 m²
Volume, LiDAR
1,910 m³
Parcel 24095B0305/00D003, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WELL-AQUA
Ketelstraat 46, 3454 GeetbetsCivil engineering
since 20132.225.511.976
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24095B0305/00D003 Flanders 1,623 m² 1 · 308 m² 10.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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

Of 4,095 companies in sector 43240 we hold annual accounts for 1,631. 1,372 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-11-2013
Fiscal year end30-06
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.