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 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Aquagroup from Waregem, company number BE0841710075, closed financial year 2025 with a result of € 124,493 after tax. For that financial year Aquagroup recorded a gross margin of € 812,633 and equity of € 464,818. Compared with financial year 2024, the result moved from € 141,969 to € 124,493. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 24, 2025.
€ 464,818
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 124,493
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 47,342
▼ 26% 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 € 446,218.
People and assets in 2025
8.6
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 523,571
▲ 14% vs 2024
€ 60,900 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.
€ 181,414
▲ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 236,884
▲ 35% vs 2024
€ 89,577 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 206,034
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,420
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 430,156 | € 613,687 | € 716,104 | € 812,633 | ▲ 13% |
| Profit after taxes | € 24,338 | € 1,294 | € 141,969 | € 124,493 | ▼ 12% |
| Equity | € 343,354 | € 320,297 | € 340,325 | € 464,818 | ▲ 37% |
| Total debts | € 327,084 | € 368,082 | € 512,775 | € 515,224 | |
| Cash | € 32,368 | € 71,173 | € 64,119 | € 47,342 | ▼ 26% |
| Land & buildings | € 112,430 | € 111,309 | - | - | |
| Retained profit | € 324,754 | € 301,697 | € 321,725 | € 446,218 | ▲ 39% |
| Dividend | € 0 | € 24,351 | € 121,940 | € 0 | ▼ 100% |
| Bank debt | € 249,966 | € 164,994 | € 175,599 | € 236,884 | ▲ 35% |
| Balance sheet total | € 670,438 | € 688,378 | € 853,100 | € 980,042 | ▲ 15% |
| Employees (FTE) | 6.9 | 9.5 | 8.7 | 8.6 | ▼ 0.1 |
By gross margin, Aquagroup ranks 3rd of 32 companies with main activity “Detailhandel in overige bouwmaterialen, neg” in West Flanders that publish figures (fiscal year 2025).
Key figures of Aquagroup, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about Aquagroup 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 Aquagroup?
What happened at Aquagroup in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 124,493 (▼ 12% vs 2024). Source: NBB ↗
- Aquafiston BV became a director. NBB
- New establishment in Waregem. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 24,338 profit in 2022 to € 124,493 profit in 2025.
Paid € 103,623 in corporate taxes since 2022.
Best year ever: 2024, with € 141,969 profit.
On average € 94,500 of value added per employee in 2025.
Management
Behind Aquagroup is Aquafiston BV.
Directors
According to the 2025 annual accounts
Director · represented by Tom FLO
since 2022
Establishments
Establishment units
Physical locations of this company
Gentseweg 715
8793 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Similar companies in West Flanders
Same main activity (Detailhandel in overige bouwmaterialen, neg), 39 active companies in West Flanders, largest first.
€ 6.2 million revenue · 2025 · Brugge
€ 1.3 million gross margin · 2025 · Deerlijk
VERWARMINGSDISCOUNT BROUCKE WALTER
€ 1.1 million gross margin · 2025 · Diksmuide
€ 788,621 gross margin · 2025 · Kortrijk
€ 758,677 gross margin · 2025 · Zedelgem
€ 716,281 gross margin · 2025 · Middelkerke
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.
Incorporation
Source: Deed ↗- FLO Tom John R.(hoofdelijk aansprakelijke vennoot) 100%
Details
- Company number
- 0841.710.075
- VAT number
- BE 0841.710.075
- Registered office
- Gentseweg 715, 8793 Waregem
- Names & denominations
- Aquagroup
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2011
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Detailhandel in overige bouwmaterialen, neg
Sanitaire werkzaamheden
Groothandel in installatiemateriaal voor loodgieterswerk en verwarming
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Overige bouwinstallatie
Detailhandel in sanitaire artikelen en sanitair installatiemateriaal
Handelsbemiddeling in de niet-gespecialiseerde groothandel
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