ACTIVE

AQUALE

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Financial year 2025 · Closed on 30/06/2025

Net result129,4 k €+31,4 %over 1 year

Gross margin737,5 k €+17,7 %over 1 year

Equity368,3 k €-41,2 %over 1 year

Workforce5,3 ETP-8,6 %over 1 year

Identity

Source · BCE/KBO

AQUALE is a Private limited company incorporated in 2002. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Namur. It employs on average 5,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0477.877.428
Incorporation: 02/07/2002
Legal form: Private limited company
Registered office: Avenue d'Ecolys(RH) 2 box 48
5020 Namur · WallonieSee on map
Contributed capital: 20 000,00 €
Latest accounts: 30/06/2025
Average workforce: 5,3 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities 43130Test drilling and boring 43130Test drilling and boring 45120Sale of motor vehicles

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	737,5 k €	+17.7%	626,5 k €	+5.6%	593,3 k €	+15.9%	512 k €	-21.4%	651,5 k €
EBITDA	211,7 k €	+39.5%	151,7 k €	+48.4%	102,3 k €	+23.1%	83,1 k €	+17.6%	70,7 k €
Operating result	177 k €	+38.3%	128 k €	+41.7%	90,3 k €	+31.8%	68,6 k €	+17.5%	58,3 k €
Net result	129,4 k €	+31.4%	98,5 k €	+57.2%	62,7 k €	+53.6%	40,8 k €	+4.7%	39 k €
Balance sheet
Equity	368,3 k €	-41.2%	626 k €	+13.7%	550,7 k €	+2.7%	536,2 k €	+4.6%	512,6 k €
Total assets	1 M €	+16.0%	876,3 k €	+10.4%	794 k €	+13.5%	699,5 k €	-0.3%	701,6 k €
Cash	359,6 k €	-12.0%	408,7 k €	+16.1%	352,2 k €	+32.2%	266,4 k €	+48.5%	179,3 k €
Debts	585 k €	+142%	242,2 k €	+4.0%	232,9 k €	+51.1%	154,1 k €	-15.0%	181,3 k €
Other
Workforce	5,3 ETP	-8.6%	5,8 ETP	+3.6%	5,6 ETP	0.0%	5,6 ETP	-31.7%	8,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
David GAULE	Directorsince 16/04/2025
Marco RIBONI	Directorsince 16/04/2025
Pierre-Yves BOLLY	DirectorManager2019 accountsendedMandate2017 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pierre - Yves BOLLY	Director2022 accounts

Other companies at this address

Avenue d'Ecolys(RH) 2 5020 Namur

Company	CBE no.
A.A.S.V.● Active	0430.121.358
Actibel Hôtel● Active	0654.752.968
ACTIBEL IMMOBILIER● Active	0460.782.662
ACTIBEL MOBILITY● Active	0673.597.395
ACTIONAM● Active	0440.996.840
ACTION II● Active	0449.242.236
A-DJ SERVICES● Active	0862.601.006
Annet 4 Future● Active	0791.919.678
Antech Diagnostics Belgium● Active	0820.954.154
ANTIQUITES ACHAT - VENTE● Active	0463.017.622
AQUALYS MANAGEMENT● Active	1021.551.738
AVESTA Insurance● Active	0797.621.102
Aves TVA● Active	0804.855.718
A-Z ServiPro● Active	0462.702.668
BDG Ansotte● Active	1016.456.862
B.G.N INVEST● Active	0804.639.744
BIOWIN● Active	0882.768.591
BN 4● Active	0859.854.619
CAVI● Active	0440.893.605
CCB & PARTNERS● Active	1016.343.927

Full financial information

Source · NBB

	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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/12/2025	05/02/2025	22/02/2024	05/06/2023	31/01/2022	26/02/2021
General meeting	19/12/2025	14/12/2024	09/12/2023	10/12/2022	11/12/2021	12/12/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	19/12/2025	22/12/2025	French	PDF
Abridged model	30/06/2024	14/12/2024	05/02/2025	French	PDF
Abridged model	30/06/2023	09/12/2023	22/02/2024	French	PDF
Abridged model	30/06/2022	10/12/2022	05/06/2023	French	PDF
Abridged model	30/06/2021	11/12/2021	31/01/2022	French	PDF
Abridged model	30/06/2020	12/12/2020	26/02/2021	French	PDF
Abridged model	30/06/2019	14/12/2019	27/02/2020	French	PDF
Abridged model	30/06/2018	08/12/2018	01/02/2019	French	PDF
Abridged model	30/06/2017	09/12/2017	30/01/2018	French	PDF
Abridged model	30/06/2016	10/12/2016	19/01/2017	French	PDF
Abridged model	30/06/2015	12/12/2015	06/01/2016	French	PDF
Abridged model	30/06/2014	26/02/2015	27/02/2015	French	PDF
Abridged model	30/06/2013	27/02/2014	28/02/2014	French	PDF
Abridged model	30/06/2012	29/03/2013	01/04/2013	French	PDF
Abridged model	30/06/2011	29/05/2012	30/05/2012	French	PDF
Abridged model	30/06/2010	25/03/2011	29/03/2011	French	PDF
Abridged model	30/06/2009	27/04/2010	30/04/2010	French	PDF
Abridged model	30/06/2008	03/01/2009	07/01/2009	French	PDF
Abridged model	30/06/2007	12/03/2008	31/03/2008	French	PDF
Abridged model	30/06/2006	19/01/2007	31/01/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
David GAULE	Directorsince 16/04/2025
Marco RIBONI	Directorsince 16/04/2025
Pierre-Yves BOLLY	DirectorManager2019 accountsendedMandate2017 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pierre - Yves BOLLY	Director2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/05/2025
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates08/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Other24/11/2006
RECTIFICATION - Modification objet social et date assemblée générale
PDF
Capital / shares02/05/2006
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ASSEMBLEE GENERALE - CAPITAL, ACTIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

David GAULE

Marco RIBONI

Pierre-Yves BOLLY

Pierre - Yves BOLLY

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

AQUALE

Avenue d'Ecolys(RH) 2 bte 48, 5020 ChampionRUELLE PIRMEZ, FORV. 2, 5380 Fernelmont

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue d'Ecolys(RH) 2 bte 48, 5020 ChampionCurrent	accounts 2025	Accounts 2025 · 2025-00586969
RUELLE PIRMEZ, FORV. 2, 5380 Fernelmont	accounts 2022 → 2024	Accounts 2024 · 2025-00028135

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
AQUALECurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00586969

Events

2025
Annual accounts 2025129,4 k €↑
2024
Annual accounts 202498,5 k €↑
2023
Annual accounts 202362,7 k €↑
2022
Annual accounts 202240,8 k €↑
2021
Annual accounts 202139 k €↑
2020
Annual accounts 202020,7 k €↓
2019
Annual accounts 201949,4 k €↑
2018
Annual accounts 201821,2 k €↓
2017
Annual accounts 201769,4 k €↓
2016
Annual accounts 2016212,2 k €↑
2015
Annual accounts 2015134,7 k €↑
2014
Annual accounts 201481,2 k €↓
2013
Annual accounts 2013248,5 k €↑
2012
Annual accounts 2012186 k €↑
2011
Annual accounts 2011156,7 k €↑
2010
Annual accounts 201088,3 k €↑
2009
Annual accounts 200980,8 k €↑
2008
Annual accounts 200856,7 k €↑
2007
Annual accounts 200716,9 k €
02/07/2002
IncorporationPrivate limited company

AQUALE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events