Bankrupt · Opening faillissement (CBE)

AQUASTRA

BE0881082177

Rechtspersoon Private limited company 1 establishment

AQUASTRA is registered with the CBE as active in: Installatie van verwarming, klimaatregeling en ventilatie. Private Limited, started on 3 May 2006, 1 establishment.

Sperredreef 28, 8890 Moorslede

Behind the company: Edwin Cornillie Comm.V.

Start date

3 May 2006

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 1 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 40 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

AQUASTRA from Moorslede, company number BE0881082177, closed financial year 2024 with a result of € -114,571 after tax. For that financial year AQUASTRA recorded a gross margin of € 147,367 and equity of € -48,135. Compared with financial year 2023, the result moved from € 6,321 to € -114,571. 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 April 28, 2025.

What it is worth Caution

€ -48,135

▼ € 114,571 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -114,571

▼ still € 6,321 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 4,475

▼ 88% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -164,662.

People and assets in 2024

Full-time equivalents

3.9

▼ 0.2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 215,671

▼ 10% vs 2023

€ 55,300 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.

Vehicles and equipment

€ 6,801

▼ 51% vs 2023

Of which on lease € 4,696.

Debts at end 2024

Bank debt ≈ 3 years to go

€ 175,018

▼ 5% vs 2023

€ 29,185 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 228,003

▲ 22% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 193,835 € 94,128 € 278,277 € 147,367 ▼ 47%
Profit after taxes € 1,393 € -158,268 € 6,321 € -114,571 ▼ € 120,893
Equity € 218,383 € 60,115 € 66,436 € -48,135 ▼ € 114,571
Total debts € 196,983 € 643,809 € 396,063 € 414,156 ▲ 5%
Cash € 34,085 € 95,580 € 38,360 € 4,475 ▼ 88%
Retained profit € 101,857 € -56,411 € -50,090 € -164,662 ▼ € 114,571
Bank debt € 22,454 € 115,346 € 184,766 € 175,018 ▼ 5%
Balance sheet total € 415,366 € 703,924 € 462,499 € 366,021 ▼ 21%
Employees (FTE) 3.2 4 4.1 3.9 ▼ 0.2

Key figures of AQUASTRA, 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 30 April 2026.

What happened to AQUASTRA?

What happened at AQUASTRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

AQUASTRA is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 114,571 (▼ € 120,893 vs 2023). Source: NBB ↗
  • Edwin Cornillie Comm.V became a director. NBB
  • New establishment in Moorslede. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1,393 profit in 2021 to € 114,571 loss in 2024.

Paid € 387 in corporate taxes since 2021.

Best year ever: 2023, with € 6,321 profit.

On average € 37,800 of value added per employee in 2024.

Management

Behind AQUASTRA is Edwin Cornillie Comm.V.

Directors

According to the 2024 annual accounts

Edwin Cornillie Comm.V

Bestuurder · represented by Edwin Cornillie

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Sperredreef 28

8890 Moorslede

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
0881.082.177
VAT number
BE 0881.082.177
Registered office
Sperredreef 28, 8890 Moorslede
Names & denominations
AQUASTRA
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
3 May 2006
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Installatie van verwarming, klimaatregeling en ventilatie

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Installatie van isolatie

Isolatiewerkzaamheden

Dakwerkzaamheden

Schrijnwerk

Algemene elektrotechnische installatiewerken

Elektrische installatie

+2

Frequently asked questions

What does AQUASTRA do?
AQUASTRA is registered with the CBE as active in: Installatie van verwarming, klimaatregeling en ventilatie. Private Limited, started on 3 May 2006, 1 establishment.
What is the address of AQUASTRA?
The registered office of AQUASTRA is located at Sperredreef 28, 8890 Moorslede.
Is AQUASTRA still active?
No. The CBE lists AQUASTRA with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is AQUASTRA registered on Peppol?
Yes, AQUASTRA is registered on the Peppol network with ID 0208:0881082177.
What is the enterprise number of AQUASTRA?
The enterprise number of AQUASTRA is BE0881082177.
When was AQUASTRA founded?
AQUASTRA was founded on 3 May 2006.