Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AQUILA GARDEN from Elsene, company number BE0841909817, closed financial year 2025 with a result of € -3.3 million after tax. For that financial year AQUILA GARDEN recorded a gross margin of € 1.2 million and equity of € -4.2 million. Compared with financial year 2024, the result moved from € -991,736 to € -3.3 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ -4.2 million
▼ € 3.3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.3 million
▼ 237 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.2 million.
Debts at end 2025
€ 1.8 million
▼ 68% vs 2024
Loans from banks and other lenders, long and short.
€ 8.2 million
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,570
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -129,227 | € 376,447 | € 4,490 | € 1,171,182 | ▲ € 1.2 million |
| Profit after taxes | € -131,898 | € 288,014 | € -991,736 | € -3,340,945 | ▼ € 2.3 million |
| Equity | € -126,940 | € 161,074 | € -830,662 | € -4,171,607 | ▼ € 3.3 million |
| Total debts | € 134,542 | € 14,898,480 | € 19,926,853 | € 17,295,352 | ▼ 13% |
| Cash | € 7,427 | € 3,973,096 | € 1,659,998 | € 1,073,117 | ▼ 35% |
| Retained profit | € -146,940 | € 141,074 | € -850,662 | € -4,191,607 | ▼ € 3.3 million |
| Bank debt | € 30,000 | € 5,771,986 | € 5,644,649 | € 1,815,092 | ▼ 68% |
| Balance sheet total | € 7,602 | € 15,059,554 | € 19,096,191 | € 13,823,745 | ▼ 28% |
Key figures of AQUILA GARDEN, 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.
What happened to AQUILA GARDEN?
What happened at AQUILA GARDEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.3 million. Source: NBB ↗
- RED Consult SRL became a director. NBB
- ZOU2 SRL stepped down as director. NBB
- E-STATE SRL became a director. NBB
- NICOLAS ORTS SRL became a director. NBB
- ZOU2 SRL became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 131,898 loss in 2022 to € 3.3 million loss in 2025.
Paid € 70,212 in corporate taxes since 2022.
Best year ever: 2023, with € 288,014 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind AQUILA GARDEN are RED Consult SRL, E-STATE SRL and NICOLAS ORTS SRL. The shares are held by EAGLESTONE SA (100%).
Directors
According to the 2025 annual accounts
Director · represented by Pierre-Damien LEFEBVRE
Also active at: La Tourmaline, ELYX, Eaglestone Services, FONCIERE DU SOUVERAIN, VIC-WIN, HAMOIR 14, D-IMMO, XL RETAIL INVEST +15 more
since 2025
Director · represented by Gaetan CLERMONT
Also active at: La Tourmaline, ELYX, Eaglestone Services, FONCIERE DU SOUVERAIN, VIC-WIN, HAMOIR 14, BEMAP IMMO, D-IMMO +32 more
since 2022
Director · represented by Nicolas ORTS
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, La Tourmaline, ELYX, Eaglestone Services, FONCIERE DU SOUVERAIN, VIC-WIN, HAMOIR 14, BEMAP IMMO +30 more
since 2022
Director · represented by Sophie LAMBRIGHS
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, La Tourmaline, ELYX, Eaglestone Services, FONCIERE DU SOUVERAIN, VIC-WIN, HAMOIR 14, BEMAP IMMO +34 more
since 2022 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 480
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0841.909.817
- VAT number
- BE 0841.909.817
- Registered office
- Louizalaan 480, 1050 Elsene
- Names & denominations
- AQUILA GARDEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2011
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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