ACTIVE

AQUA NIL

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Financial year 2025 · closed on 31/12/2025

Net result

-8,1 k €

-153.1% YoY

Gross margin

22,3 k €

-48.2% YoY

Equity

90,2 k €

-8.3% YoY

What does AQUA NIL do?

AQUA NIL is a Public limited company incorporated in 1994. Its main activity is: Sports and recreation education. Its registered office is in Walhain.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.967.819

Incorporation

16/12/1994

Legal form

Public limited company

Registered office

Rue Abbesse(NSV) 63
1457 Walhain · WallonieSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

85510Sports and recreation education· main 85510Sports and recreation education 92622Gambling and betting activities 47639Retail sale of music and video recordings in specialised stores 47640Retail sale of sporting equipment in specialised stores 52482Warehousing and support activities for transportation

Joint committees (1)

Signals

Good liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	22,3 k €	-48.2%	43,1 k €	-59.5%	106,3 k €	+33.7%	79,5 k €	-21.8%	101,7 k €	+80.4%	56,4 k €	-56.3%	129 k €	-3.8%	134,1 k €	+3.3%	129,7 k €	-25.4%	173,8 k €	+9.5%	158,8 k €	+9.6%	144,9 k €	-3.8%	150,6 k €	+17.7%	127,9 k €	+5.7%	121 k €	-0.2%	121,2 k €	-12.4%	138,4 k €	+12.1%	123,5 k €	+49.0%	82,9 k €	-2.8%	85,3 k €
EBITDA	13,3 k €	-63.0%	36 k €	-53.6%	77,6 k €	+463%	13,8 k €	-60.0%	34,4 k €	+273%	9,2 k €	-80.7%	47,8 k €	+18.4%	40,4 k €	-1.8%	41,1 k €	-30.3%	59 k €	+22.3%	48,3 k €	+38.7%	34,8 k €	-42.4%	60,4 k €	+45.6%	41,5 k €	+441%	7,7 k €	-76.2%	32,3 k €	-56.0%	73,4 k €	+14.3%	64,2 k €	+469%	11,3 k €	-55.3%	25,2 k €
Operating result	1,1 k €	-95.5%	25,1 k €	-61.2%	64,7 k €	+322%	-29,2 k €	-292%	15,2 k €	+228%	-11,9 k €	-155%	21,6 k €	+235%	6,5 k €	+11.7%	5,8 k €	-75.0%	23,1 k €	+66.0%	13,9 k €	+439%	2,6 k €	-92.4%	33,9 k €	+132%	14,6 k €	+189%	-16,4 k €	-278%	9,2 k €	-82.3%	52,1 k €	+9.4%	47,6 k €	+997%	-5,3 k €	+65.3%	-15,3 k €
Net result	-8,1 k €	-153%	15,3 k €	-71.8%	54,5 k €	+259%	-34,3 k €	-229%	26,5 k €	+462%	-7,3 k €	-135%	20,7 k €	+238%	6,1 k €	+13.1%	5,4 k €	-76.3%	22,9 k €	+64.8%	13,9 k €	+346%	3,1 k €	-91.0%	34,5 k €	+121%	15,6 k €	+201%	-15,5 k €	-247%	10,6 k €	-80.0%	52,7 k €	+10.6%	47,7 k €	+989%	-5,4 k €	+66.8%	-16,2 k €
Balance sheet
Equity	90,2 k €	-8.3%	98,3 k €	+18.5%	83 k €	+191%	28,5 k €	-92.7%	389,4 k €	+0.9%	385,9 k €	-1.9%	393,2 k €	+5.6%	372,5 k €	+1.7%	366,3 k €	+1.5%	360,9 k €	+6.8%	338 k €	+4.3%	324,1 k €	+1.0%	321 k €	+12.1%	286,5 k €	+5.8%	270,8 k €	-5.4%	286,3 k €	+3.8%	275,8 k €	+23.6%	223 k €	+27.2%	175,3 k €	-65.8%	512,8 k €
Total assets	383,3 k €	-5.6%	405,9 k €	-0.4%	407,4 k €	+11.8%	364,5 k €	-20.8%	460,2 k €	+10.8%	415,5 k €	-5.8%	441,3 k €	+5.6%	417,9 k €	+1.5%	411,6 k €	-1.9%	419,6 k €	+6.0%	395,7 k €	+8.9%	363,3 k €	+0.6%	361,3 k €	+10.8%	326,2 k €	+8.7%	300,1 k €	-1.5%	304,7 k €	-2.1%	311,2 k €	+10.5%	281,6 k €	+16.0%	242,7 k €	-59.2%	594,2 k €
Cash	45,6 k €	-16.9%	54,8 k €	+11.0%	49,4 k €	+88.0%	26,3 k €	-90.9%	288,7 k €	+31.5%	219,5 k €	+3.1%	212,8 k €	+67.5%	127,1 k €	+42.3%	89,3 k €	+9.7%	81,5 k €	+24.3%	65,5 k €	+91.4%	34,2 k €	-10.9%	38,4 k €	+17.2%	32,8 k €	-31.5%	47,8 k €	-4.7%	50,2 k €	-22.6%	64,9 k €	+47.3%	44,1 k €	+364%	9,5 k €	-61.2%	24,5 k €
Debts	292,7 k €	-4.8%	307,6 k €	-4.8%	323,1 k €	-3.4%	334,6 k €	+677%	43,1 k €	+354%	9,5 k €	-51.1%	19,4 k €	+2.0%	19 k €	+46.2%	13 k €	-45.2%	23,8 k €	-8.8%	26,1 k €	+65.1%	15,8 k €	+3.2%	15,3 k €	+3.8%	14,7 k €	+27.1%	11,6 k €	+10.9%	10,5 k €	-35.6%	16,2 k €	-56.8%	37,6 k €	-17.8%	45,7 k €	-30.2%	65,5 k €
Other
Workforce	–		–		1,3 ETP	-13.3%	1,5 ETP		–		–		–		–		–		2,7 ETP	+3.8%	2,6 ETP	0.0%	2,6 ETP	0.0%	2,6 ETP	0.0%	2,6 ETP	+13.0%	2,3 ETP	+15.0%	2,0 ETP	+5.3%	1,9 ETP	+26.7%	1,5 ETP	-21.1%	1,9 ETP	+5.6%	1,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 44 ended

Active mandates

HD Aquasports

Director · since 20 juin 2022 · until 19 juin 2028 · 0606.999.472

Represented by Denis DETINNE

Active

Hugo CANTINEAU

Director · since 20 juin 2022 · until 19 juin 2028

Active

Ended mandates

Alexandra D'OULTREMONT

Director · since 09 mai 2019 · until 20 juin 2022

Ended

Alexandra D'OULTREMONT

Director · since 09 mai 2019 · until 10 mai 2025

Ended

Anne-Sophie D'OULTREMONT

Director · since 09 mai 2019 · until 20 juin 2022

Ended

Anne-Sophie D'OULTREMONT

Director · since 09 mai 2019 · until 10 mai 2025

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/06/2026	04/07/2025	09/08/2024	05/09/2023	13/06/2022	27/07/2021
General meeting	12/06/2026	25/06/2025	29/07/2024	30/08/2023	12/05/2022	13/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

31 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	15/06/2026	French	PDF
Abridged model	31/12/2024	25/06/2025	04/07/2025	French	PDF
Abridged model	31/12/2023	29/07/2024	09/08/2024	French	PDF
Abridged model	31/12/2022	30/08/2023	05/09/2023	French	PDF
Micro model	31/12/2021	12/05/2022	13/06/2022	French	PDF
Micro model	31/12/2020	13/05/2021	27/07/2021	French	PDF
Micro model	31/12/2019	21/05/2020	19/06/2020	French	PDF
Micro model	31/12/2018	09/05/2019	28/06/2019	French	PDF
Micro model	31/12/2017	09/05/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	11/05/2017	23/08/2017	French	PDF
Abridged model	31/12/2015	11/05/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	12/05/2015	24/08/2015	French	PDF
Abridged model	31/12/2013	14/05/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	08/05/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	09/05/2012	03/07/2012	French	PDF
Abridged model	31/12/2010	11/05/2011	18/08/2011	French	PDF
Abridged model	31/12/2009	14/05/2010	02/07/2010	French	PDF
Abridged model	31/12/2008	14/05/2009	29/07/2009	French	PDF
Abridged model	31/12/2007	08/05/2008	16/06/2008	French	PDF
Abridged model	31/12/2006	23/03/2007	23/07/2007	French	PDF
Abridged model	31/12/2005	11/05/2006	12/06/2006	French	PDF
Abridged model	31/12/2004	27/05/2005	05/08/2005	French	PDF
Abridged model	31/12/2003	13/05/2004	25/06/2004	French	PDF
Abridged model	31/12/2002	08/05/2003	23/05/2003	French	PDF

View all 31 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 44 ended

Active mandates

HD Aquasports

Director · since 20 juin 2022 · until 19 juin 2028 · 0606.999.472

Represented by Denis DETINNE

Active

Hugo CANTINEAU

Director · since 20 juin 2022 · until 19 juin 2028

Active

Ended mandates

Alexandra D'OULTREMONT

Director · since 09 mai 2019 · until 20 juin 2022

Ended

Alexandra D'OULTREMONT

Director · since 09 mai 2019 · until 10 mai 2025

Ended

Anne-Sophie D'OULTREMONT

Director · since 09 mai 2019 · until 20 juin 2022

Ended

Anne-Sophie D'OULTREMONT

Director · since 09 mai 2019 · until 10 mai 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates18/05/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates22/10/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates19/06/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates24/06/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates17/06/2008
DEMISSIONS, NOMINATIONS
PDF
Capital / shares18/01/2008
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/06/2007
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-8,1 k €↓
2024
Annual accounts 202415,3 k €↓
2023
Annual accounts 202354,5 k €↑
2022
Annual accounts 2022-34,3 k €↓
2022
Name changeAQUANIL
2021
Annual accounts 202126,5 k €↑
2021
Name changeAQUA NIL
2020
Annual accounts 2020-7,3 k €↓
2019
Annual accounts 201920,7 k €↑
2018
Annual accounts 20186,1 k €↑
2017
Annual accounts 20175,4 k €↓
2016
Annual accounts 201622,9 k €↑
2015
Annual accounts 201513,9 k €↑
2014
Annual accounts 20143,1 k €↓
2013
Annual accounts 201334,5 k €↑
2012
Annual accounts 201215,6 k €↑
2011
Annual accounts 2011-15,5 k €↓
2010
Annual accounts 201010,6 k €↓
2009
Annual accounts 200952,7 k €↑
2008
Annual accounts 200847,7 k €↑
2007
Annual accounts 2007-5,4 k €↑
2006
Annual accounts 2006-16,2 k €
16/12/1994
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AQUA NIL

Overview

What does AQUA NIL do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline