ACTIVE

AQUILAE

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

52,1 k €

-11.5% YoY

Gross margin

131,1 k €

-0.8% YoY

Equity

175,6 k €

+42.2% YoY

What does AQUILAE do?

AQUILAE is a Cooperative society incorporated in 2001. Its main activity is: Management consultancy activities. Its registered office is in Sint-Lievens-Houtem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.357.595

Incorporation

19/12/2001

Legal form

Cooperative society

Registered office

Marktplein 17
9520 Sint-Lievens-Houtem · FlandreSee on map

Contributed capital

43 501,40 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Contacts

2 public details availableLog in to view

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 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	131,1 k €	-0.8%	132,1 k €	+64.4%	80,3 k €	+20.9%	66,5 k €	-2.5%	68,2 k €	+0.7%	67,6 k €	+176%	24,5 k €	-70.4%	82,8 k €	+603%	-16,5 k €	-227%	13 k €	-47.7%	24,8 k €	+489%	4,2 k €	+136%	-11,8 k €	-400%	4 k €	+129%	-13,6 k €	-1208%	-1 k €	-109%	11,4 k €	+239%	-8,2 k €	-137%	22,4 k €	+436%	4,2 k €
EBITDA	70,9 k €	-11.4%	80 k €	+292%	20,4 k €	-4.9%	21,5 k €	+12.5%	19,1 k €	+117%	8,8 k €	+126%	-34,1 k €	-230%	26,2 k €	+327%	-11,6 k €	-503%	2,9 k €	-70.4%	9,7 k €	+141%	4 k €	+133%	-12 k €	-417%	3,8 k €	+128%	-13,7 k €	-1052%	-1,2 k €	-111%	11,3 k €	+234%	-8,4 k €	-138%	22,3 k €	+438%	4,1 k €
Operating result	70,4 k €	-11.7%	79,8 k €	+291%	20,4 k €	-4.9%	21,5 k €	+81.5%	11,8 k €	+672%	1,5 k €	+104%	-42,3 k €	-267%	25,3 k €	+303%	-12,4 k €	-533%	2,9 k €	-70.4%	9,7 k €	+141%	4 k €	+133%	-12 k €	-417%	3,8 k €	+128%	-13,7 k €	-1052%	-1,2 k €	-111%	11,3 k €	+234%	-8,4 k €	-138%	22,3 k €	+438%	4,1 k €
Net result	52,1 k €	-11.5%	58,8 k €	+352%	13 k €	-8.4%	14,2 k €	+14.7%	12,4 k €	+835%	1,3 k €	+103%	-42,5 k €	-326%	18,8 k €	+219%	-15,8 k €	-650%	2,9 k €	-60.4%	7,2 k €	+64.7%	4,4 k €	+137%	-12 k €	-363%	4,6 k €	+211%	-4,1 k €	+33.2%	-6,1 k €	-420%	1,9 k €	+123%	-8,3 k €	-156%	14,8 k €	+255%	4,2 k €
Balance sheet
Equity	175,6 k €	+42.2%	123,5 k €	+103%	61 k €	+32.3%	46,1 k €	+37.5%	33,5 k €	+140%	14 k €	+10.5%	12,7 k €	-77.1%	55,2 k €	+28.0%	43,1 k €	-24.3%	56,9 k €	+0.7%	56,5 k €	+14.7%	49,3 k €	+9.8%	44,9 k €	-22.7%	58,1 k €	+27.4%	45,6 k €	-8.3%	49,7 k €	-1.2%	50,3 k €	+30.1%	38,7 k €	-17.7%	47 k €	+46.1%	32,1 k €
Total assets	297,3 k €	+40.2%	212,2 k €	+32.3%	160,3 k €	+8.4%	147,8 k €	+8.0%	136,9 k €	-10.4%	152,7 k €	-1.9%	155,7 k €	+14.8%	135,6 k €	+7.6%	126 k €	+6.8%	118 k €	+0.7%	117,1 k €	+36.0%	86,1 k €	+35.6%	63,5 k €	-37.1%	101 k €	+37.3%	73,6 k €	+29.2%	56,9 k €	+4.5%	54,5 k €	+18.6%	45,9 k €	-9.2%	50,6 k €	+0.3%	50,4 k €
Cash	76,4 k €	+16.5%	65,6 k €	+30.2%	50,4 k €	+125%	22,4 k €	+163%	8,5 k €	-20.1%	10,6 k €	+369%	2,3 k €	-93.7%	36,2 k €	-44.3%	64,9 k €	-41.6%	111 k €	+30.4%	85,1 k €	+9.4%	77,8 k €	+39.4%	55,8 k €	-20.0%	69,8 k €	+36.6%	51,1 k €	+2.6%	49,8 k €	+7.9%	46,2 k €	+19.6%	38,6 k €	-20.9%	48,8 k €	-1.4%	49,4 k €
Debts	121,8 k €	+68.3%	72,4 k €	+12.5%	64,3 k €	+3.9%	61,9 k €	-36.3%	97,3 k €	-29.9%	138,8 k €	+17.7%	117,9 k €	+46.6%	80,4 k €	-3.0%	82,9 k €	+79.9%	46,1 k €	+1.0%	45,6 k €	+23.9%	36,8 k €	+97.8%	18,6 k €	-56.6%	42,9 k €	+53.5%	28 k €	+287%	7,2 k €	+72.8%	4,2 k €	-42.6%	7,3 k €	+102%	3,6 k €	-54.6%	7,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 39 ended

Active mandates

Andy Rommel

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Annick Van Campen

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Bram De Clerq

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Jef Delcroix

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Julie Poletto

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Koen Van Puyvelde

Chairman of the board of directors · since 01 janvier 2026 · until 01 janvier 2030

Active

Maxime Lagasse

Vice-chairman of the board of directors · since 01 janvier 2026 · until 01 janvier 2030

Active

Michael Focant

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Vincent Defreyne

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Wouter Coenen

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Ended mandates

Alain Hanot

Director · since 17 mars 2022 · until 31 décembre 2025

Ended

Alain Hanot

Director · since 17 mars 2022 · until 16 juin 2026

Ended

Bart Verbrugge

Chairman of the board of directors · since 17 mars 2022 · until 31 décembre 2025

Ended

Bart Verbrugge

Chairman of the board of directors · since 17 mars 2022 · until 16 juin 2026

Ended

At this address

Other companies at this address

Company	CBE no.
D'HAUWERS VERZEKERINGEN● Active	0478.973.330

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	23/06/2026	08/07/2025	10/06/2024	03/07/2023	23/06/2022	28/06/2021
General meeting	05/06/2026	11/06/2025	06/06/2024	01/06/2023	22/06/2022	23/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/06/2026	23/06/2026	Dutch	PDF
Micro model	31/12/2024	11/06/2025	08/07/2025	Dutch	PDF
Micro model	31/12/2023	06/06/2024	10/06/2024	Dutch	PDF
Micro model	31/12/2022	01/06/2023	03/07/2023	Dutch	PDF
Micro model	31/12/2021	22/06/2022	23/06/2022	Dutch	PDF
Micro model	31/12/2020	23/06/2021	28/06/2021	Dutch	PDF
Micro model	31/12/2019	16/06/2020	09/09/2020	Dutch	PDF
Micro model	31/12/2018	18/09/2019	09/10/2019	Dutch	PDF
Micro model	31/12/2017	26/09/2018	28/09/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	31/07/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/07/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/07/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	31/07/2011	30/08/2011	Dutch	PDF
Abridged modelCorrection	31/12/2009	14/01/2011	11/02/2011	Dutch	PDF
Abridged model	31/12/2009	31/07/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	31/07/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	26/07/2008	21/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/07/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 10 active · 39 ended

Active mandates

Andy Rommel

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Annick Van Campen

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Bram De Clerq

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Jef Delcroix

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Julie Poletto

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Koen Van Puyvelde

Chairman of the board of directors · since 01 janvier 2026 · until 01 janvier 2030

Active

Maxime Lagasse

Vice-chairman of the board of directors · since 01 janvier 2026 · until 01 janvier 2030

Active

Michael Focant

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Vincent Defreyne

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Wouter Coenen

Director · since 01 janvier 2026 · until 01 janvier 2030

Active

Ended mandates

Alain Hanot

Director · since 17 mars 2022 · until 31 décembre 2025

Ended

Alain Hanot

Director · since 17 mars 2022 · until 16 juin 2026

Ended

Bart Verbrugge

Chairman of the board of directors · since 17 mars 2022 · until 31 décembre 2025

Ended

Bart Verbrugge

Chairman of the board of directors · since 17 mars 2022 · until 16 juin 2026

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/05/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates30/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/07/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/03/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates26/01/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/03/2018
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 202552,1 k €↓
2024
Annual accounts 202458,8 k €↑
2023
Annual accounts 202313 k €↓
2022
Annual accounts 202214,2 k €↑
2021
Annual accounts 202112,4 k €↑
2020
Annual accounts 20201,3 k €↑
2019
Annual accounts 2019-42,5 k €↓
2018
Annual accounts 201818,8 k €↑
2017
Annual accounts 2017-15,8 k €↓
2016
Annual accounts 20162,9 k €↓
2015
Annual accounts 20157,2 k €↑
2014
Annual accounts 20144,4 k €↑
2013
Annual accounts 2013-12 k €↓
2012
Annual accounts 20124,6 k €↑
2011
Annual accounts 2011-4,1 k €↑
2010
Annual accounts 2010-6,1 k €↓
2009
Annual accounts 20091,9 k €↑
2008
Annual accounts 2008-8,3 k €↓
2007
Annual accounts 200714,8 k €↑
2006
Annual accounts 20064,2 k €
19/12/2001
IncorporationCooperative society

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

AQUILAE

Overview

What does AQUILAE do?

Trend over 20 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