ACTIVE

AQUASECURITY

Financial year 2025 · Closed on 31/12/2025

Net result4,9 M €+30,7 %over 1 year
Revenue43 M €-0,7 %over 1 year
Equity13,6 M €+18,9 %over 1 year
Workforce133,8 ETP+3,2 %over 1 year

Identity

Source · BCE/KBO

AQUASECURITY is a Public limited company incorporated in 1984. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Aalst. It employs on average 133,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0426.116.842
Incorporation
23/08/1984
Legal form
Public limited company
Registered office
Industrielaan 20
9320 Aalst · FlandreSee on map
Contributed capital
745 000,00 €
Latest accounts
31/12/2025
Average workforce
133,8 ETP
Joint committees (4)
  • 111
  • 11101
  • 209
  • 20900
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue43 M €43,3 M €47,1 M €45,7 M €30,4 M €
EBITDA5,7 M €5,1 M €5,7 M €2,4 M €2,5 M €
Operating result5,1 M €4,3 M €4,3 M €2 M €2,1 M €
Net result4,9 M €3,7 M €3,5 M €1,8 M €2,1 M €
Balance sheet
Equity13,6 M €11,4 M €8,9 M €9,1 M €8,1 M €
Total assets22,8 M €21,6 M €21,9 M €17,8 M €14,7 M €
Cash1,2 M €1,1 M €622,7 k €665,2 k €1,5 M €
Debts8,7 M €9,8 M €12,9 M €8,6 M €6,6 M €
Other
Workforce133,8 ETP129,6 ETP119,6 ETP118,1 ETP120,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 38 ended

Active mandates

JONASCO

Director · since 01 septembre 2025 · 0748.671.635

Represented by Ghijsels Jonas

Active
DEGICON

Director · since 23 octobre 2023 · 0680.820.234

Represented by De Gieter John

Active
SALENCO

Managing director · since 15 novembre 2021 · 0439.746.530

Represented by Saelens Laura

Active

Ended mandates

DEGICON

Director · since 23 octobre 2023 · until 23 octobre 2029 · 0680.820.234

Represented by De GIETER JOHN

Ended
SALENCO

Managing director · since 15 novembre 2021 · until 15 novembre 2027 · 0439.746.530

Represented by Saelens LAURA

Ended
ACSE

Director · since 14 mars 2020 · 0889.621.246

Represented by Alexander Dewulf

Ended
ACSE

Director · since 14 mars 2020 · until 05 juin 2026 · 0889.621.246

Represented by Alexander Dewulf

Ended

Other companies at this address

Industrielaan 20 9320 Aalst
CompanyCBE no.
0836.462.078

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202618/07/202530/08/202431/07/202322/07/202223/07/2021
General meeting17/07/202617/07/202526/08/202427/07/202330/06/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/07/202617/07/2026DutchPDF
Full model31/12/202417/07/202518/07/2025DutchPDF
Full model31/12/202326/08/202430/08/2024DutchPDF
Full model31/12/202227/07/202331/07/2023DutchPDF
Full model31/12/202130/06/202222/07/2022DutchPDF
Full model31/12/202028/06/202123/07/2021DutchPDF
Full model31/12/201908/09/202027/10/2020DutchPDF
Full model30/06/201807/12/201831/01/2019DutchPDF
Full model30/06/201722/12/201715/01/2018DutchPDF
Full model31/12/201527/05/201623/06/2016DutchPDF
Full model31/12/201429/05/201505/06/2015DutchPDF
Full model31/12/201315/07/201426/08/2014DutchPDF
Full model31/12/201231/05/201322/08/2013DutchPDF
Full model31/12/201125/05/201231/07/2012DutchPDF
Full model31/12/201027/05/201130/06/2011DutchPDF
Full model31/12/200928/05/201025/06/2010DutchPDF
Full model31/12/200830/05/200923/07/2009DutchPDF
Full model31/12/200730/05/200823/07/2008DutchPDF
Full model31/12/200625/05/200720/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 38 ended

Active mandates

JONASCO

Director · since 01 septembre 2025 · 0748.671.635

Represented by Ghijsels Jonas

Active
DEGICON

Director · since 23 octobre 2023 · 0680.820.234

Represented by De Gieter John

Active
SALENCO

Managing director · since 15 novembre 2021 · 0439.746.530

Represented by Saelens Laura

Active

Ended mandates

DEGICON

Director · since 23 octobre 2023 · until 23 octobre 2029 · 0680.820.234

Represented by De GIETER JOHN

Ended
SALENCO

Managing director · since 15 novembre 2021 · until 15 novembre 2027 · 0439.746.530

Represented by Saelens LAURA

Ended
ACSE

Director · since 14 mars 2020 · 0889.621.246

Represented by Alexander Dewulf

Ended
ACSE

Director · since 14 mars 2020 · until 05 juin 2026 · 0889.621.246

Represented by Alexander Dewulf

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates04/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/11/2023
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20254,9 M €↑
  2. 2024
    Annual accounts 20243,7 M €↑
  3. 2023
    Annual accounts 20233,5 M €↑
  4. 2022
    Annual accounts 20221,8 M €↓
  5. 2021
    Annual accounts 20212,1 M €↑
  6. 2019
    Annual accounts 2019502,4 k €↓
  7. 2018
    Annual accounts 20181,7 M €↓
  8. 2017
    Annual accounts 20175,5 M €↑
  9. 2015
    Annual accounts 2015305,4 k €↓
  10. 2014
    Annual accounts 2014405,9 k €↑
  11. 2013
    Annual accounts 2013154 k €↓
  12. 2012
    Annual accounts 2012473,4 k €↑
  13. 2011
    Annual accounts 2011142,8 k €↓
  14. 2010
    Annual accounts 2010173 k €↓
  15. 2009
    Annual accounts 2009255,9 k €↓
  16. 2008
    Annual accounts 2008327,4 k €↑
  17. 2007
    Annual accounts 2007186,5 k €↑
  18. 2006
    Annual accounts 200698,3 k €
  19. 23/08/1984
    IncorporationPublic limited company