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Hidrostal

Active Private limited companyfounded 2017active for 9 yearsEssensteenweg 16A, 2950 KapellenKBO/BCE: BE 0680.531.808

Lifetime

8 annual accounts with figures on one time axis
peak €769,807 (2023)
€734,952▲ 11.0%
lowest -€124,777 (2019)
€261,705▼ 0.9%
peak €882,714 (2025)
€882,714▲ 22.4%
€1.2m▼ 12.8%
peak 2.9 FTE (2025)
2.9 FTE▲ 45.0%
Board3 names since 2017
Documentsfilings and deeds
14-07-202617 days before the deadline
2025abbreviated format
Staff from 2 FTE to 2.9 FTEDividend €100,000Equity from €721,009 to €882,714Cash from €204,467 to €391,726

Key points

from the 2025 annual accounts

Equity

€882,714 ▲ 22.4%
721,0092024+261,705Profit-100,000Dividend882,7142025

Hidrostal paid out €100,000 in dividends. That is 38% of the 2025 profit.

Turnover

≈ €3.7m estimated

The abbreviated format states no turnover.

Investments

€84,087 1.6 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 16.0% higher than in 2024.

Staff

4 employees on 31-12-2025
102023202025

In 2025, 2 people joined and nobody left.

Filings

8 annual accounts since 2018
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 12 to 39 days before the end of the period.

Position in the sector

€261,705

Higher net result than 86% of companies in wholesale trade. Sector median €26,728 · 9,878 companies.

Checked score

95
Excellent
Financially stronger than 70% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.7%highest value 01-2025: 0.4%▼ -0.3 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▼ -0.3 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.2%▼ -0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

68+8equity 42.7% of total assets
67+16short-term debt 20.8% · cash 18.9%
85=return on assets 12.6%

Score breakdown

lowers risk
Figures for financial year 2025 (filed on 14-07-2026)
Size: 2.9 FTE, total assets €2.1m
Liquidity: current ratio 2.10, cash €391,726
Equity €882,714 (42.7% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 51% of them on solvency, 72% on liquidity, 79% on profitability and 77% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as Hidrostal has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Hidrostal itself is lower: 0.1% within 12 months. It rests on far more data about Hidrostal than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for Hidrostal. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €80,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.1 (1.58 in 2024), above the usual 1.5. Short-term debt is 20.8% and cash 18.9% of total assets. However, 57.3% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Figures for financial year 2025 (filed on 14-07-2026)
NBB · annual accounts
lowers risk · Size: 2.9 FTE, total assets €2.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.10, cash €391,726
NBB · annual accounts
lowers risk · Equity €882,714 (42.7% of total assets)
NBB · annual accounts
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 14-07-2026, 17 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
17 days early
2024
29 days early
2023
39 days early
2022
12 days early
2021
31 days early
2020
5 days early
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DC
Director, since 14-12-2022
Board & ownership

Recent changes

Appointment: VISSER Maurice Simon Karel (day-to-day manager) General meeting of 16-03-2026 · Gazette deed
Registered office moved to Kapellen New registered office: Essensteenweg 16A-15, 2950 Kapellen · Appointment: dE CROM Bart Lambertus Adrianus Coleta (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Resignation: Preissler Gerd Hans (director) Director discharge: Preissler Gerd Hans · General meeting of 30-08-2022 · Gazette deed
Incorporation published on 31-08-2017 · Gazette deed
All 20 events

Comparable companies

same main activity, similar in size and age
Company
Hidrostal Kapellen €2.1m €734,952 42.7% 2.9
ELA CONTAINER BELGIUM Temse €1.7m €860,313 62.6% 2.7
ELECTRONIC TECHNOLOGY AERTSEN Brecht €1.5m €665,418 85.0% 3.9
Ppak Antwerp €2.3m €456,835 27.3% 2.3
CBOX CONTAINERS BELGIUM Antwerp €2.1m €772,029 3.1% 6.6
Kanes Machines Sint-Truiden €1.9m €915,732 69.3% 5.4
KL-PROJECTS Alveringem €1.5m €550,126 46.4% 1.7

These companies have the same main activity as Hidrostal: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €1.5m and €2.3m, founded between 2014 and 2018.

Official details

Source: KBO
Status
Active since 29-08-2017Normal situation
Activity
Wholesale of other machinery and equipmentNACE 46649
Establishment unit
2.267.382.1262950 Kapellen, since 29-08-2017
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€2.1m▼ 0.6%
Employeeson 31-12-2025
4
Filing
Filed on 14-07-2026, 17 days before the end of the filing period
Financials

Insights on Hidrostal

Hidrostal files the abbreviated format. That format states no turnover. The gross margin rose from €48,492 in 2018 to €734,952 in 2025.

The balance sheet grew most in 2022 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Hidrostal

What is the company number of Hidrostal?
The company number of Hidrostal is 0680.531.808. The VAT number is the same number with BE in front: BE 0680.531.808.
Where is Hidrostal based?
The registered office is at Essensteenweg 16A, 2950 Kapellen.Company details
What does Hidrostal do?
According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
What is the legal form of Hidrostal?
Hidrostal is a private limited company (BV).
When was Hidrostal founded?
Hidrostal was founded on 29-08-2017.
Is Hidrostal still active?
Yes, Hidrostal is an active enterprise in the KBO register.
How many employees does Hidrostal have?
Hidrostal had an average of 2.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Hidrostal?
The turnover in financial year 2025 is ≈ €3.7m. This figure is estimated from the gross margin of €734,952 and 139 comparable companies (NACE 46). It probably lies between €2.3m and €6.3m.
Is Hidrostal profitable?
In financial year 2025, Hidrostal made a profit of €261,705.
Where can I find the annual accounts of Hidrostal?
Hidrostal filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Hidrostal due?
Hidrostal must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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