be Hydro
ActiveSummary
be Hydro has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-403k) and a net result of €-285k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 406 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+26
Solvency16▼-5
Growth22▼-10
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.84 against 0.75 in 2024; short-term debt: 109.1% and cash: 33.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-9.1%
Return on assets
-6.5%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-403k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
24 d early
2024
49 d early
2023
40 d early
2022
45 d early
2021
16 d early
2020
54 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.10M▼ 60.0%
2022 · €2.74M
EBIT margin
-17.9%▼ 34.5pp
2022 · 16.6%
Net result
€-285k▲ 6.8%
2024 · €-306k
Working capital
€-757k▼ 3.0%
2024 · €-735k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€2.74M€1.10M
Operating result€-20k▲ 84.0%€456k€-372k€-167k▲ 55.2%€-197k▼ 17.9%
Net result€-60k▲ 56.8%€384k€-494k€-306k▲ 38.1%€-285k▲ 6.8%
EBIT margin16.6%-17.9%
Equity€299k€683k▲ 129%€189k▼ 72.4%€-117k€-403k▼ 243%
Total assets€7.59M▲ 191%€4.54M▼ 40.3%€3.67M▼ 19.2%€2.85M▼ 22.3%€4.42M▲ 55.2%
Debt€7.30M▲ 165%€3.75M▼ 48.5%€3.38M▼ 10.0%€2.89M▼ 14.6%€4.82M▲ 67.1%
Working capital€66k€-602k€-752k▼ 25.1%€-735k▲ 2.3%€-757k▼ 3.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €197k in 2025 against €167k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.42M
Fixed assets
€355k ▼ 49.2%
Current assets
€4.06M ▲ 89.0%
Key figures and ratios
EBITDA
€146k▼
2024 · €176k
Cash flow
€58k▲
2024 · €37k
Solvency
-9.1%▼
2024 · -4.1%
Current ratio
0.84▲
2024 · 0.75
Quick ratio
0.44▲
2024 · 0.18
Debt to equity
-11.97▲
2024 · -24.58
ROA
-6.5%▲
2024 · -10.7%
Interest coverage
1.86▲
2024 · 1.27
Debt ≤ 1 year
€4.82M▲
2024 · €2.89M
Income taxes
€10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €2.74M | - | - | €1.10M | - |
| Goods, raw materials, services and sundry goods60/61 | €23k | €3.52M | €29k | - | €1.03M | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €289 | €332k | €343k | €343k | €343k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €555k | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €100k | - | €-20k | €-80k | ▼ 300% |
| Other operating charges640/8 | €101 | €102 | €109 | €118 | €120 | ▲ 1.7% |
| Gross operating margin9900 | €-19k | €1.44M | €-29k | €156k | €66k | ▼ 57.5% |
| Operating profit (loss)9901 | €-20k | €456k | €-372k | €-167k | €-197k | ▼ 17.9% |
| Financial charges65/66B | €41k | €39k | €128k | €139k | €79k | ▼ 43.3% |
| Recurring financial charges65 | €41k | €39k | €128k | €139k | €79k | ▼ 43.3% |
| Profit (loss) for the period before taxes9903 | €-60k | €417k | €-501k | €-306k | €-276k | ▲ 9.9% |
| Income taxes67/77 | - | €33k | €-7k | - | €10k | - |
| Profit (loss) for the period9904 | €-60k | €384k | €-494k | €-306k | €-285k | ▲ 6.8% |
| Profit (loss) for the period to be appropriated9905 | €-60k | €384k | €-494k | €-306k | €-285k | ▲ 6.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.59M | €4.54M | €3.67M | €2.85M | €4.42M | ▲ 55.2% |
| Formation expenses20 | €495 | €205 | - | - | - | - |
| Fixed assets21/28 | €1.63M | €1.38M | €1.04M | €698k | €355k | ▼ 49.2% |
| Intangible fixed assets21 | €1.63M | €1.38M | €1.04M | €698k | €355k | ▼ 49.2% |
| Current assets29/58 | €5.96M | €3.15M | €2.63M | €2.15M | €4.06M | ▲ 89.0% |
| Stocks and contracts in progress3 | €2.25M | €1.67M | €1.67M | €1.62M | €1.96M | ▲ 21.2% |
| Stocks30/36 | €2.25M | €1.67M | €1.67M | €1.62M | €1.96M | ▲ 21.2% |
| Amounts receivable within one year40/41 | €626k | €301k | €220k | €431k | €601k | ▲ 39.4% |
| Trade receivables40 | €436k | €292k | €218k | €430k | €599k | ▲ 39.2% |
| Other amounts receivable41 | €190k | €10k | €2k | €876 | €2k | ▲ 127% |
| Cash at bank and in hand54/58 | €3.08M | €1.18M | €733k | €99k | €1.50M | ▲ 1,413% |
| Deferred charges and accrued income490/1 | €1k | €1k | €1k | €1k | €1k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.59M | €4.54M | €3.67M | €2.85M | €4.42M | ▲ 55.2% |
| Equity10/15 | €299k | €683k | €189k | €-117k | €-403k | ▼ 243% |
| Contributions10/11 | €519k | €519k | €519k | €519k | €519k | = |
| Profit (loss) carried forward14 | €-220k | €164k | €-330k | €-636k | €-921k | ▼ 44.9% |
| Provisions and deferred taxes16 | - | €100k | €100k | €80k | - | - |
| Provisions for liabilities and charges160/5 | - | €100k | €100k | €80k | - | - |
| Other liabilities and charges164/5 | - | €100k | €100k | €80k | - | - |
| Amounts payable17/49 | €7.30M | €3.75M | €3.38M | €2.89M | €4.82M | ▲ 67.1% |
| Amounts payable within one year42/48 | €5.90M | €3.75M | €3.38M | €2.89M | €4.82M | ▲ 67.1% |
| Trade debts44 | €3.02M | €872k | €529k | €757k | €2.21M | ▲ 191% |
| Suppliers440/4 | €3.02M | €872k | €529k | €757k | €2.21M | ▲ 191% |
| Advances received on contracts in progress46 | €436k | €412k | €412k | €390k | €876k | ▲ 125% |
| Taxes, remuneration and social security45 | - | €33k | - | - | €1k | - |
| Taxes450/3 | - | €33k | - | - | €1k | - |
| Other amounts payable47/48 | €2.44M | €2.44M | €2.44M | €1.74M | €1.74M | = |
| Accrued charges and deferred income492/3 | €1.40M | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-60k | €384k | €-494k | €-306k | €-285k | ▲ 6.8% |
| + Depreciation and write-downs630 | €289 | €332k | €343k | €343k | €343k | = |
| Operating cash flow (approximation) | €-60k | €716k | €-151k | €37k | €58k | ▲ 55.6% |
| Investment in fixed assets (approximation) | - | €-86k | €-205 | €0 | €0 | - |
| Change in cash | - | €-1.91M | €-445k | €-634k | €1.40M | ▲ 321% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-494k
Net result drops to €-494k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €384k
Net result €384k after 3 loss-making years.
31-12
Financial
Equity above €500kEq €683k ▲129%
Equity rises from €299k to €683k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.01
Current ratio from 0.44 to 1.01.
31-12
Financial
Equity above €200kEq €299k
Equity rises from €-141k to €299k.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen
Ground area
3,310 m²
Building footprint
1,463 m²
Volume, LiDAR
33,042 m³
Parcel 11811L3947/00N000, Flanders · tallest building 29.4 m, ±8 floors. Linked by address, not a title deed.
57
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3947/00N000 | Flanders | 3,310 m² | 1 · 1,463 m² | 29.4 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GYDION
BE 0464.899.422
Aarschot · Eq €188,339
VOLTAIQUE
BE 0871.422.462
Tervuren · Eq €188,300
Wellekens
BE 0446.449.428
Zottegem · Eq €187,516
International Metal Works
BE 0428.107.619
Mechelen · Eq €187,109
PLASTI - SERRE VANDERSMISSEN
BE 0462.690.889
Geetbets · Eq €190,149
Of 1,066 companies in sector 28110 we hold annual accounts for 829. 612 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
28110Manufacture of machinery and equipment not elsewhere classified
Scores and ratios are computed by Checked and are not a credit decision.