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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AQUALEX from Deerlijk, company number BE0822110137, closed financial year 2025 with a result of € 576,668 after tax. For that financial year AQUALEX recorded revenue of € 19 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 532,468 to € 576,668. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 4.4 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 576,668
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.3 million.
People and assets in 2025
82.9
▲ 8.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.6 million
▲ 14% vs 2024
€ 79,100 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.
€ 1.1 million
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16.6 million
▲ 32% vs 2024
€ 2.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 2.7 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 100 days on average.
€ 1.9 million
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 16,093,794 | € 17,910,061 | € 19,042,408 | ▲ 6% |
| Gross margin | € 6,754,035 | - | - | - | |
| Profit after taxes | € 316,451 | € 239,503 | € 532,468 | € 576,668 | ▲ 8% |
| Equity | € 3,245,617 | € 3,288,238 | € 3,870,707 | € 4,401,014 | ▲ 14% |
| Total debts | € 11,516,680 | € 15,010,875 | € 19,246,181 | € 24,381,930 | ▲ 27% |
| Cash | € 571,186 | € 309,859 | € 1,243,192 | € 1,791,217 | ▲ 44% |
| Land & buildings | € 256,295 | € 236,302 | € 210,975 | € 203,711 | ▼ 3% |
| Retained profit | € 2,922,542 | € 3,162,044 | € 3,694,513 | € 4,271,181 | ▲ 16% |
| Bank debt | € 5,670,207 | € 8,727,637 | € 12,577,110 | € 16,625,910 | ▲ 32% |
| Balance sheet total | € 14,775,097 | € 18,315,113 | € 23,134,788 | € 28,801,944 | ▲ 24% |
| Employees (FTE) | 66.7 | 71.5 | 74.5 | 82.9 | ▲ 8.4 |
By revenue, AQUALEX ranks 11th of 31 companies with main activity “Groothandel in andere machines en werktuigen, neg” in West Flanders that publish figures (fiscal year 2025).
Key figures of AQUALEX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about AQUALEX the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to AQUALEX?
What happened at AQUALEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 576,668 (▲ 8% vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Capital increase of € 1,500, published in the Gazette. Source: Staatsblad ↗
- NIKI GHYS became a director. NBB
- GENIALE BV became a director. NBB
- Capital increase of € 35,000, published in the Gazette. Source: Staatsblad ↗
- New establishment in Deerlijk. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 316,451 profit in 2022 to € 576,668 profit in 2025.
Paid € 108,986 in corporate taxes since 2022.
Best year ever: 2025, with € 576,668 profit.
On average € 101,300 of value added per employee in 2022.
Management
The stake of Sancto comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AQUALEXBehind AQUALEX are NIKI GHYS and GENIALE BV. The shares are held by Sancto. It owns 100% of AQUALEX Deutschland GmbH and 100% of AQUALEX FRANCE SAS itself.
Directors
According to the 2025 annual accounts
Director · represented by VANLERBERGHE ALEXANDER
since 2020
Shareholders
Participations
AQUALEX Deutschland GmbH
100%
AQUALEX FRANCE SAS
100%
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 60A
8540 Deerlijk
Nijverheidslaan 60 box A
8540 Deerlijk
Active since 11 February 2010
Kustlaan 249
8300 Knokke-Heist
Active since 22 March 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
aqualex.com
Registered
2000-04-05
Registrar
Combell NV
Expires
2026-04-05
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- Niki GHYS(inschrijver nieuw aandeel) 0.2%
Incorporation
Source: Deed ↗- VANLERBERGHE Alexander Albert Aimé(oprichter) 100%
Details
- Company number
- 0822.110.137
- VAT number
- BE 0822.110.137
- Registered office
- Nijverheidslaan 60A, 8540 Deerlijk
- Names & denominations
- AQUALEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2010
- Peppol
- Active · Active since 8 Jul 2025
- Contact
- aqualex.com
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