Investor Relations

All of the projects we carry out for the Flemish Region are also financed by us. Hence the "fin" in Aquafin. Thus, in order to be able to carry out the projects, we have to constantly seek for investors.


Agency: Moody's

Last update: December 2021

Long term rating: Aa3 - stable outlook

Short term rating: P-1

Our rating was adjusted from Aa2 with negative outlook to Aa3 with stable outlook. This is because the same adjustment was made to the rating for the Flemish Region. The cause lies in the coronavirus, which led to a higher debt ratio for the Flemish Region.

juridische constructie

Legal structure

Aquafin is 100% owned by the Flemish Region. Its direct holding company is the Flemish Participation Agency NV.

Aquaplus is a subsidiary of Aquafin that focuses on industrial waste water treatment.

Glenn Van Olmen

Glenn Van Olmen

Manager Finance & Procurement

Sofie De Clercq

Sofie De Clercq

Manager Finance