Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6 to 4.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Aquadesign Sorex Group from Lennik, company number BE0475691067, closed financial year 2024 with a result of € -70,546 after tax. For that financial year Aquadesign Sorex Group recorded a gross margin of € 253,606 and equity of € 157,092. Compared with financial year 2023, the result moved from € 11,592 to € -70,546. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 157,092
▼ 31% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,546
▼ still € 11,592 profit in 2023
Profit after tax over the fiscal year.
€ 16,846
▲ 29% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -392,908.
People and assets in 2024
4
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 221,462
▼ 6% vs 2023
€ 55,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 62,181
▲ € 60,651 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 260,000
▲ 7% vs 2023
Loans from banks and other lenders, long and short.
€ 591,065
▲ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 88,328
▲ 24% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 403,512 | € 438,710 | € 337,214 | € 253,606 | ▼ 25% |
| Profit after taxes | € 7,125 | € 65,920 | € 11,592 | € -70,546 | ▼ € 82,138 |
| Equity | € 150,126 | € 216,046 | € 227,638 | € 157,092 | ▼ 31% |
| Total debts | € 1,060,677 | € 904,387 | € 958,058 | € 939,393 | ▼ 2% |
| Cash | € 93,776 | € 67,499 | € 13,027 | € 16,846 | ▲ 29% |
| Retained profit | € -399,874 | € -333,954 | € -322,362 | € -392,908 | ▼ € 70,546 |
| Bank debt | € 387,687 | € 318,373 | € 242,916 | € 260,000 | ▲ 7% |
| Balance sheet total | € 1,210,803 | € 1,120,433 | € 1,185,696 | € 1,096,485 | ▼ 8% |
| Employees (FTE) | 6.4 | 6 | 4.4 | 4 | ▼ 0.4 |
Key figures of Aquadesign Sorex Group, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Aquadesign Sorex Group?
What happened at Aquadesign Sorex Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Aquadesign Sorex Group is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 70,546 (▼ € 82,138 vs 2023). filed late Source: NBB ↗
- New establishment in Lennik. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,125 profit in 2021 to € 70,546 loss in 2024.
Paid € 2,247 in corporate taxes since 2021.
Best year ever: 2022, with € 65,920 profit.
On average € 63,400 of value added per employee in 2024.
Management
Behind Aquadesign Sorex Group is Insomniac BV. Insomniac BV is also behind AQUADESIGN STUDIO.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Assesteenweg 122 box 1
1750 Lennik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.691.067
- VAT number
- BE 0475.691.067
- Registered office
- Assesteenweg 122 bus 1, 1750 Lennik
- Names & denominations
- Aquadesign Sorex Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 21 September 2001
- Peppol
- Not registered
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