ACTIVE

AAQUA

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

1,1 M €

+58.7% YoY

Gross margin

4,4 M €

+28.7% YoY

Equity

4,3 M €

+1.3% YoY

Workforce

28,4 ETP

+10.1% YoY

What does AAQUA do?

AAQUA is a Public limited company incorporated in 1998. Its registered office is in Sint-Katelijne-Waver. It employs on average 28,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.834.391

Incorporation

18/12/1998

Legal form

Public limited company

Registered office

Mechelsesteenweg(CEN) 122
2860 Sint-Katelijne-Waver · FlandreSee on map

Contributed capital

62 500,00 €

Latest accounts

31/12/2025

Average workforce

28,4 ETP

Joint committees (2)

209
2090

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	4,4 M €	+28.7%	3,4 M €	+9.3%	3,1 M €	+10.0%	2,8 M €	+11.3%	2,6 M €	+24.9%	2 M €	+17.6%	1,7 M €	+43.4%	1,2 M €	-5.4%	1,3 M €	+10.3%	1,2 M €	+30.7%	890,6 k €	+72.3%	516,8 k €	+28.0%	403,7 k €	-8.7%	442,2 k €	-41.7%	758,3 k €	-16.1%	904,3 k €	+38.9%	651,1 k €	+36.2%	478 k €
EBITDA	1,9 M €	+49.3%	1,3 M €	+23.2%	1 M €	-8.4%	1,1 M €	+17.1%	975,3 k €	+26.5%	771,1 k €	+21.4%	635,3 k €	+35.6%	468,5 k €	-31.2%	681,3 k €	-8.0%	740,6 k €	+39.1%	532,4 k €	+197%	179,1 k €	+41.6%	126,5 k €	-28.5%	177 k €	-65.0%	506,3 k €	-27.1%	694 k €	+70.0%	408,3 k €	+44.7%	282,2 k €
Operating result	1,3 M €	+59.5%	791,4 k €	+9.1%	725,6 k €	-15.5%	858,8 k €	+16.2%	738,9 k €	+20.2%	614,5 k €	+17.9%	521,2 k €	+29.4%	402,8 k €	-32.5%	596,8 k €	-9.8%	661,3 k €	+45.2%	455,3 k €	+348%	101,7 k €	+120%	46,1 k €	-48.8%	90,1 k €	-78.9%	427,8 k €	-30.8%	618,1 k €	+78.4%	346,4 k €	+62.5%	213,2 k €
Net result	1,1 M €	+58.7%	665 k €	+12.2%	592,8 k €	-16.7%	711,7 k €	+18.4%	601 k €	+38.9%	432,8 k €	+26.4%	342,4 k €	+24.1%	275,9 k €	-47.4%	524,7 k €	+12.2%	467,6 k €	+46.7%	318,6 k €	+186%	111,5 k €	+130%	48,5 k €	-36.4%	76,2 k €	-75.8%	314,8 k €	-26.7%	429,4 k €	+76.5%	243,3 k €	+41.4%	172,1 k €
Balance sheet
Equity	4,3 M €	+1.3%	4,2 M €	+18.8%	3,5 M €	+20.2%	2,9 M €	+32.0%	2,2 M €	+25.2%	1,8 M €	+32.1%	1,3 M €	+34.1%	1 M €	-18.2%	1,2 M €	+16.6%	1,1 M €	+11.4%	945,9 k €	+9.1%	867,2 k €	+1.3%	855,8 k €	-17.6%	1 M €	+5.2%	987,3 k €	-9.6%	1,1 M €	+64.8%	663,1 k €	+16.4%	569,8 k €
Total assets	10,9 M €	+1.4%	10,8 M €	+29.7%	8,3 M €	-7.8%	9 M €	+15.6%	7,8 M €	+99.7%	3,9 M €	+12.6%	3,5 M €	+59.3%	2,2 M €	-26.5%	3 M €	-0.9%	3 M €	+26.7%	2,4 M €	-3.2%	2,4 M €	+70.6%	1,4 M €	-23.3%	1,9 M €	+2.3%	1,8 M €	-17.7%	2,2 M €	+9.6%	2 M €	+42.4%	1,4 M €
Cash	222,2 k €	-78.4%	1 M €	+239%	303 k €	-54.1%	660,5 k €	+6.4%	620,6 k €	+30.7%	475 k €	-2.3%	486,4 k €	+45.7%	333,9 k €	-59.3%	820,8 k €	+37.3%	598 k €	-29.9%	853,1 k €	+203%	281,2 k €	-56.4%	645,6 k €	+35.6%	476 k €	-53.3%	1 M €	+26.9%	802,9 k €	+158%	311,3 k €	+48.7%	209,4 k €
Debts	6,7 M €	+1.4%	6,6 M €	+38.2%	4,8 M €	-21.4%	6,1 M €	+9.1%	5,6 M €	+161%	2,1 M €	+0.2%	2,1 M €	+80.9%	1,2 M €	-32.3%	1,7 M €	-10.4%	1,9 M €	+36.9%	1,4 M €	-2.9%	1,5 M €	+154%	574,5 k €	-30.5%	826,6 k €	-1.2%	836,5 k €	-25.5%	1,1 M €	-17.3%	1,4 M €	+59.8%	850,4 k €
Other
Workforce	28,4 ETP	+10.1%	25,8 ETP	+2.8%	25,1 ETP	+17.3%	21,4 ETP	+13.8%	18,8 ETP	+11.9%	16,8 ETP	+21.7%	13,8 ETP	+34.0%	10,3 ETP	+21.2%	8,5 ETP	+49.1%	5,7 ETP	+9.6%	5,2 ETP	+10.6%	4,7 ETP	+17.5%	4,0 ETP	0.0%	4,0 ETP	+2.6%	3,9 ETP	+30.0%	3,0 ETP	-18.9%	3,7 ETP	+5.7%	3,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

Arnaud Moor

Director

Active

EAURECA

Managing director · 0717.642.622

Represented by Rob Van den Broeck

Active

Ended mandates

EAURECA

Director · since 04 janvier 2019 · 0717.642.622

Represented by Rob Van den Broeck

Ended

Arnaud Moor

Director · since 01 janvier 2016

Ended

Guido Verhaegen

Director · since 11 juin 2013 · until 11 juin 2019

Ended

An Verhaegen

Director · since 11 juin 2012 · until 12 juin 2018

Ended

At this address

Other companies at this address

Company	CBE no.
Aquaprox Benelux● Active	0437.524.141

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	18/06/2026	04/07/2025	21/06/2024	29/06/2023	28/06/2022	29/06/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	18/06/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	04/07/2025	Dutch	PDF
Abridged model	31/12/2023	11/06/2024	21/06/2024	Dutch	PDF
Abridged model	31/12/2022	13/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	08/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	09/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	12/06/2018	09/07/2018	Dutch	PDF
Abridged model	31/12/2016	13/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	09/06/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	17/06/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	20/06/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	20/05/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	07/07/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	25/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

Arnaud Moor

Director

Active

EAURECA

Managing director · 0717.642.622

Represented by Rob Van den Broeck

Active

Ended mandates

EAURECA

Director · since 04 janvier 2019 · 0717.642.622

Represented by Rob Van den Broeck

Ended

Arnaud Moor

Director · since 01 janvier 2016

Ended

Guido Verhaegen

Director · since 11 juin 2013 · until 11 juin 2019

Ended

An Verhaegen

Director · since 11 juin 2012 · until 12 juin 2018

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring07/06/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/03/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office09/09/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/08/2016
ONTSLAGEN - BENOEMINGEN
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 20251,1 M €↑
2024
Annual accounts 2024665 k €↑
2023
Annual accounts 2023592,8 k €↓
2022
Annual accounts 2022711,7 k €↑
2021
Annual accounts 2021601 k €↑
2018
Annual accounts 2018432,8 k €↑
2017
Annual accounts 2017342,4 k €↑
2016
Annual accounts 2016275,9 k €↓
2015
Annual accounts 2015524,7 k €↑
2014
Annual accounts 2014467,6 k €↑
2013
Annual accounts 2013318,6 k €↑
2012
Annual accounts 2012111,5 k €↑
2011
Annual accounts 201148,5 k €↓
2010
Annual accounts 201076,2 k €↓
2009
Annual accounts 2009314,8 k €↓
2008
Annual accounts 2008429,4 k €↑
2007
Annual accounts 2007243,3 k €↑
2006
Annual accounts 2006172,1 k €
18/12/1998
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

AAQUA

Overview

What does AAQUA do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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