ACTIVE

AQUAZURE

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Financial year 2025 · closed on 31/12/2025

Net result

6,4 k €

-61.5% YoY

Gross margin

156,1 k €

-15.6% YoY

Equity

365,3 k €

+1.8% YoY

Workforce

1,7 ETP

0.0% YoY

What does AQUAZURE do?

AQUAZURE is a Private limited company incorporated in 2006. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Ninove. It employs on average 1,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.389.528

Incorporation

10/02/2006

Legal form

Private limited company

Registered office

Brakelsesteenweg(Voo) 530
9400 Ninove · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

1,7 ETP

Activities (NACE)

46180Agents specialised in the sale of other particular products· main 46180Agents specialised in the sale of other particular products 47529Retail sale of hardware, paints and glass in specialised stores 47529Retail sale of hardware, paints and glass in specialised stores 51180Passenger air transport 43350Building completion and finishing+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	156,1 k €	-15.6%	185 k €	+8.3%	170,8 k €	+15.2%	148,2 k €	+39.3%	106,4 k €	-68.1%	333,2 k €	+273%	89,4 k €	-13.0%	102,7 k €	+14.2%	90 k €	-20.8%	113,6 k €	+2.2%	111,2 k €	-22.4%	143,2 k €	-64.9%	407,7 k €	+34.5%	303,2 k €	+8.3%	280 k €	+10.0%	254,6 k €	+25.4%	202,9 k €	+4.1%	195 k €	-1.2%	197,4 k €	+41.4%	139,6 k €
EBITDA	63,6 k €	-14.4%	74,3 k €	+1.9%	73 k €	+17.3%	62,2 k €	+22.7%	50,7 k €	-83.3%	303,1 k €	+560%	45,9 k €	-23.6%	60,1 k €	+13.6%	52,9 k €	-11.6%	59,8 k €	-4.6%	62,7 k €	-37.5%	100,4 k €	-71.4%	350,9 k €	+40.1%	250,4 k €	+6.1%	236,1 k €	+5.1%	224,6 k €	+17.0%	192 k €	-1.2%	194,4 k €	-1.4%	197,1 k €	+41.5%	139,3 k €
Operating result	10,7 k €	-53.1%	22,8 k €	+0.6%	22,6 k €	-12.1%	25,7 k €	+12.5%	22,9 k €	-91.6%	271,9 k €	+1665%	15,4 k €	-45.3%	28,2 k €	+110%	13,4 k €	+13.2%	11,8 k €	-8.8%	13 k €	-71.4%	45,4 k €	-84.6%	295,4 k €	+43.0%	206,5 k €	+9.2%	189,2 k €	+19.7%	158 k €	+20.1%	131,5 k €	+48.1%	88,8 k €	-47.9%	170,4 k €	+41.5%	120,4 k €
Net result	6,4 k €	-61.5%	16,6 k €	-6.0%	17,7 k €	-39.5%	29,2 k €	+30.5%	22,4 k €	-91.6%	265,1 k €	+9332%	-2,9 k €	-116%	17,8 k €	+805%	2 k €	+261%	544,9 €	-75.6%	2,2 k €	-88.8%	19,9 k €	-89.2%	184,2 k €	+48.5%	124 k €	+19.0%	104,2 k €	+12.1%	93 k €	+37.6%	67,6 k €	+25.2%	54 k €	-49.9%	107,8 k €	+38.1%	78,1 k €
Balance sheet
Equity	365,3 k €	+1.8%	358,9 k €	+4.4%	343,9 k €	+5.4%	326,2 k €	+9.8%	297,1 k €	+8.1%	274,7 k €	+5.8%	259,6 k €	-27.3%	357 k €	+5.3%	339,2 k €	+0.6%	337,2 k €	+0.2%	336,7 k €	+0.7%	334,4 k €	+33.8%	250 k €	+4.1%	240,3 k €	+107%	115,8 k €	+124%	51,6 k €	-59.9%	128,6 k €	+15.8%	111 k €	+94.7%	57 k €	+66.5%	34,3 k €
Total assets	694,8 k €	+19.8%	580,1 k €	-22.8%	751,4 k €	-31.3%	1,1 M €	+6.4%	1 M €	+13.6%	905 k €	+80.9%	500,2 k €	-44.1%	894,4 k €	+26.4%	707,4 k €	+2.7%	689 k €	-15.1%	811,7 k €	+8.9%	745,7 k €	-11.1%	838,4 k €	-11.4%	945,9 k €	+19.1%	794,1 k €	-2.4%	813,6 k €	+5.8%	769,1 k €	+5.4%	729,7 k €	+127%	321,6 k €	+90.4%	168,9 k €
Cash	25,8 k €	+8.9%	23,7 k €	-56.7%	54,8 k €	-74.4%	213,9 k €	+10.8%	193 k €	-43.8%	343,5 k €	+423%	65,7 k €	-45.6%	120,9 k €	+48.2%	81,6 k €	+69.0%	48,3 k €	-4.2%	50,4 k €	+49.3%	33,7 k €	+74.1%	19,4 k €	-82.3%	109,5 k €	+262%	30,3 k €	+20.9%	25 k €	-11.3%	28,2 k €	-48.9%	55,2 k €	-47.3%	104,7 k €	+425%	19,9 k €
Debts	307,7 k €	+105%	150 k €	-63.2%	407,5 k €	-46.9%	767,7 k €	+6.6%	720,2 k €	+14.3%	630,3 k €	+162%	240,6 k €	-49.1%	472,5 k €	+28.3%	368,2 k €	+4.7%	351,8 k €	-12.5%	402 k €	-2.2%	411,2 k €	-28.1%	571,8 k €	-7.5%	618,4 k €	-5.1%	652 k €	-14.4%	761,6 k €	+19.9%	635,4 k €	+4.2%	609,7 k €	+147%	247,2 k €	+83.6%	134,7 k €
Other
Workforce	1,7 ETP	0.0%	1,7 ETP	-15.0%	2,0 ETP	+11.1%	1,8 ETP		–		–		–		–		–		–		–		–		1,0 ETP		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

PC & GS management

Mandate · 0554.945.908

Active

Ended mandates

CINDY DE SMEDT

Mandate

Ended

CINDY DE SMEDT

Manager

Ended

PASCAL DE COCK

Manager

Ended

PC & GS management

Manager · 0554.945.908

Ended

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	25/08/2026	05/08/2025	30/08/2024	29/08/2023	29/08/2022	25/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	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	30/06/2026	25/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	05/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	25/08/2021	Dutch	PDF
Abridged model	31/12/2019	23/07/2020	14/01/2021	Dutch	PDF
Micro model	31/12/2018	01/06/2019	27/08/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	27/09/2018	Dutch	PDF
Micro model	31/12/2016	05/05/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	16/05/2016	17/08/2016	Dutch	PDF
Abridged model	31/12/2014	22/05/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	23/05/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	23/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	24/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	22/05/2009	22/06/2009	Dutch	PDF
Abridged model	31/12/2007	23/05/2008	15/07/2008	Dutch	PDF
Abridged model	31/12/2006	16/05/2007	18/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active · 4 ended

Active mandates

PC & GS management

Mandate · 0554.945.908

Active

Ended mandates

CINDY DE SMEDT

Mandate

Ended

CINDY DE SMEDT

Manager

Ended

PASCAL DE COCK

Manager

Ended

PC & GS management

Manager · 0554.945.908

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/03/2019
KAPITAAL - AANDELEN
PDF
Mandates10/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other27/02/2006
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 20256,4 k €↓
2024
Annual accounts 202416,6 k €↓
2023
Annual accounts 202317,7 k €↓
2022
Annual accounts 202229,2 k €↑
2021
Annual accounts 202122,4 k €↓
2020
Annual accounts 2020265,1 k €↑
2019
Annual accounts 2019-2,9 k €↓
2018
Annual accounts 201817,8 k €↑
2017
Annual accounts 20172 k €↑
2016
Annual accounts 2016544,9 €↓
2015
Annual accounts 20152,2 k €↓
2014
Annual accounts 201419,9 k €↓
2013
Annual accounts 2013184,2 k €↑
2012
Annual accounts 2012124 k €↑
2011
Annual accounts 2011104,2 k €↑
2010
Annual accounts 201093 k €↑
2009
Annual accounts 200967,6 k €↑
2008
Annual accounts 200854 k €↓
2007
Annual accounts 2007107,8 k €↑
2006
Annual accounts 200678,1 k €
10/02/2006
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

AQUAZURE

Overview

What does AQUAZURE 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