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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Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Aquasec from Nazareth-De Pinte, company number BE1002226071, closed financial year 2025 with a result of € -68,294 after tax. For that financial year Aquasec recorded a gross margin of € -744 and equity of € -63,598. Compared with financial year 2024, the result moved from € 2,196 to € -68,294. 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 August 28, 2026.
€ -63,598
▼ € 68,295 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -68,294
▼ still € 2,196 profit in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -65,598.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 62,835
▲ 31% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 3,412
Loans from banks and other lenders, long and short.
€ 63,914
▲ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,756
▲ 112% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,162 | € 55,327 | € -744 | ▼ € 56,072 |
| Profit after taxes | € 500 | € 2,196 | € -68,294 | ▼ € 70,491 |
| Equity | € 2,500 | € 4,697 | € -63,598 | ▼ € 68,295 |
| Total debts | € 19,956 | € 42,298 | € 88,262 | ▲ 109% |
| Cash | € 2,000 | € 3,244 | € 0 | ▼ 100% |
| Retained profit | € 500 | € 2,697 | € -65,598 | ▼ € 68,295 |
| Bank debt | € 0 | € 0 | € 3,412 | |
| Balance sheet total | € 22,457 | € 46,995 | € 24,664 | ▼ 48% |
Key figures of Aquasec, fiscal years 2023 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 Aquasec?
What happened at Aquasec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 68,295 (▼ € 70,491 vs 2024). filed late Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 500 profit in 2023 to € 68,295 loss in 2025.
Paid € 1,779 in corporate taxes since 2023.
Best year ever: 2024, with € 2,196 profit.
Management
The stake of LR Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AquasecBehind Aquasec are Erik Alderweireldt and LR Upstate BV. The shares are held by LR Management (50%).
Directors
According to the 2025 annual accounts
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heirweg 65
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 1002.226.071
- VAT number
- BE 1002.226.071
- Registered office
- Heirweg 65, 9810 Nazareth-De Pinte
- Names & denominations
- Aquasec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2023
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Overige werkzaamheden in verband met de afwerking van gebouwen
Installatie van isolatie
Overige gespecialiseerde bouwactiviteiten, neg
Isolatiewerkzaamheden
Overige gespecialiseerde bouwwerkzaamheden