ACTIVE

Aquarius

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Financial year 2025 · closed on 31/12/2025

Net result

213,4 k €

-24.8% YoY

Gross margin

110,3 k €

-17.7% YoY

Equity

348,4 k €

+4.0% YoY

Workforce

0,0 ETP

What does Aquarius do?

Aquarius is a Private limited company incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Nazareth-De Pinte.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.763.141

Incorporation

15/03/2005

Legal form

Private limited company

Registered office

Axeldreef 1B
9810 Nazareth-De Pinte · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ 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	110,3 k €	-17.7%	134 k €	+399%	26,9 k €	-28.4%	37,5 k €	+23.3%	30,4 k €	-69.8%	100,7 k €	+87.9%	53,6 k €	-53.4%	115,1 k €	+105%	56,1 k €	-6.9%	60,3 k €	+212%	19,3 k €	-84.8%	126,9 k €	+2967%	4,1 k €	-86.8%	31,3 k €	-62.4%	83,4 k €	-5.9%	88,6 k €	+40.2%	63,2 k €	-22.9%	82 k €
EBITDA	108,5 k €	-18.0%	132,3 k €	+430%	25 k €	-28.5%	34,9 k €	+22.1%	28,6 k €	-67.5%	87,9 k €	+70.3%	51,6 k €	-54.4%	113,1 k €	+108%	54,3 k €	-7.6%	58,8 k €	+254%	16,6 k €	-86.8%	125,6 k €	+4724%	2,6 k €	-91.2%	29,5 k €	-64.0%	81,7 k €	-4.6%	85,7 k €	+41.1%	60,7 k €	-20.6%	76,5 k €
Operating result	85,7 k €	-28.2%	119,3 k €	+921%	11,7 k €	+45.3%	8 k €	+144%	3,3 k €	+112%	-27 k €	-169%	39,1 k €	-60.2%	98,2 k €	+143%	40,4 k €	-9.6%	44,6 k €	+5831%	-779,1 €	-101%	108,7 k €	+969%	-12,5 k €	-172%	17,3 k €	-74.7%	68,5 k €	-9.7%	75,8 k €	+31.5%	57,7 k €	-20.2%	72,3 k €
Net result	213,4 k €	-24.8%	283,9 k €	+402%	56,5 k €	+311%	13,7 k €	+53.2%	9 k €	+64.8%	5,4 k €	+119%	-28,5 k €	-160%	47,1 k €	+93.0%	24,4 k €	-9.9%	27,1 k €	+634%	3,7 k €	-95.0%	73,1 k €	+1064%	-7,6 k €	-166%	11,6 k €	-75.1%	46,5 k €	-11.4%	52,4 k €	+21.5%	43,1 k €	-13.7%	50 k €
Balance sheet
Equity	348,4 k €	+4.0%	335 k €	+138%	140,7 k €	+67.2%	84,1 k €	+19.5%	70,4 k €	-5.6%	74,6 k €	+7.9%	69,2 k €	-29.2%	97,6 k €	+93.3%	50,5 k €	+93.6%	26,1 k €	-73.6%	99 k €	+3.9%	95,3 k €	+330%	22,2 k €	-79.8%	109,7 k €	+11.8%	98,2 k €	+89.8%	51,7 k €	-47.9%	99,3 k €	+76.8%	56,2 k €
Total assets	652,7 k €	+21.2%	538,4 k €	+49.7%	359,7 k €	-15.9%	427,7 k €	-26.6%	582,6 k €	-17.3%	704,2 k €	-85.1%	4,7 M €	+9.7%	4,3 M €	+4264%	99 k €	-39.4%	163,4 k €	+21.3%	134,7 k €	-21.6%	171,9 k €	+97.0%	87,3 k €	-37.4%	139,3 k €	-19.7%	173,5 k €	+12.2%	154,7 k €	+28.7%	120,2 k €	+59.3%	75,5 k €
Cash	325,7 k €	+371%	69,1 k €	+106%	33,6 k €	-5.4%	35,5 k €	+91.4%	18,6 k €	-63.1%	50,2 k €	-78.7%	235,5 k €	+622%	32,6 k €	+417%	6,3 k €	-61.3%	16,3 k €	+55.2%	10,5 k €	-86.8%	79,5 k €	+23473%	337,1 €	+717%	41,2 €	-99.9%	32,8 k €	-65.1%	94 k €	+25.1%	75,2 k €	+26.7%	59,3 k €
Debts	304,3 k €	+49.6%	203,4 k €	-7.1%	219,1 k €	-36.2%	343,6 k €	-32.9%	512,2 k €	-18.6%	629,6 k €	-86.5%	4,7 M €	+10.6%	4,2 M €	+8608%	48,5 k €	-64.7%	137,3 k €	+284%	35,7 k €	-53.4%	76,6 k €	+17.7%	65,1 k €	+120%	29,6 k €	-60.8%	75,3 k €	-26.8%	103 k €	+393%	20,9 k €	+8.5%	19,3 k €
Other
Workforce	0,0 ETP		–		–		–		–		0,1 ETP		–		–		–		–		–		–		–		–		–		–		–		–

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 · 1 active · 8 ended

Active mandates

Jan Heyse

Director

Active

Ended mandates

Els Coolsaet

Director · since 12 janvier 2009 · until 06 décembre 2023

Ended

Els Coolsaet

Director · since 12 janvier 2009

Ended

ELS COOLSAET

Manager · since 12 janvier 2009

Ended

Jan Heyse

Director · since 15 mars 2005

Ended

At this address

Other companies at this address

Company	CBE no.
Active Capital● Active	0744.709.085
ORKA RELIGHTING● Active	0507.698.889
SANITARY OFFICES● Active	0750.829.092

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	08/06/2026	26/05/2025	19/06/2024	05/06/2023	20/07/2022	13/07/2021
General meeting	25/05/2026	26/05/2025	27/05/2024	29/05/2023	30/06/2022	30/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/05/2026	08/06/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	26/05/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	19/06/2024	Dutch	PDF
Abridged model	31/12/2022	29/05/2023	05/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	13/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	15/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	10/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	29/05/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	08/07/2016	Dutch	PDF
Abridged model	31/12/2014	25/05/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	25/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	13/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	21/08/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	28/05/2007	29/06/2007	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 · 1 active · 8 ended

Active mandates

Jan Heyse

Director

Active

Ended mandates

Els Coolsaet

Director · since 12 janvier 2009 · until 06 décembre 2023

Ended

Els Coolsaet

Director · since 12 janvier 2009

Ended

ELS COOLSAET

Manager · since 12 janvier 2009

Ended

Jan Heyse

Director · since 15 mars 2005

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates11/05/2009
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/02/2006
MAATSCHAPPELIJKE ZETEL
PDF
Other05/04/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025213,4 k €↓
2024
Annual accounts 2024283,9 k €↑
2023
Annual accounts 202356,5 k €↑
2022
Annual accounts 202213,7 k €↑
2021
Annual accounts 20219 k €↑
2018
Annual accounts 20185,4 k €↑
2017
Annual accounts 2017-28,5 k €↓
2016
Annual accounts 201647,1 k €↑
2015
Annual accounts 201524,4 k €↓
2014
Annual accounts 201427,1 k €↑
2013
Annual accounts 20133,7 k €↓
2012
Annual accounts 201273,1 k €↑
2011
Annual accounts 2011-7,6 k €↓
2010
Annual accounts 201011,6 k €↓
2009
Annual accounts 200946,5 k €↓
2008
Annual accounts 200852,4 k €↑
2007
Annual accounts 200743,1 k €↓
2006
Annual accounts 200650 k €
15/03/2005
IncorporationPrivate 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

Aquarius

Overview

What does Aquarius 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