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HYDEO

Active Private limited companyfounded 1980active for 46 yearsRue des Champs 20, 7340 ColfontaineKBO/BCE: BE 0420.361.376 #8 oldest company in Colfontaine

Lifetime

19 annual accounts with figures on one time axis, 40 filings since 1981
peak €76,550 (2008)
-€5,146▲ €6,846
lowest -€54,601 (2007)
-€6,681▲ €5,969
peak €14,807 (2016)
-€123,425▼ €6,681
€732,899▲ 6.6%
peak 2.8 FTE (2007)
-not published
Board3 names since 2022
3 directors and 2 others
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from -€11,992 to -€5,146Loss of €6,681Investments €2,642

Key points

from the 2025 annual accounts

Equity

-€123,425
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€61,149 in five years
-16,1252021-13,8482022-11,8452023-12,6502024-6,6812025

Every financial year from 2021 to 2025 closed with a loss. 2021 was the heaviest.

Debts

€732,899 120% of the balance sheet
Financial debts 58%Suppliers 0%Other 42%

Of this, €715,399 falls due within a year.

Investments

€2,641 17.5 × depreciation

Green is investment, beige is depreciation.

Filings

40 annual accounts since 1981
deadline199520102025

Three of the last ten came late. The 2018 accounts came latest: 28 days after the end of the period.

Position in the sector

-€123,425

Less equity than 94% of companies in real estate. Sector median €86,453 · 19,850 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,241 companies had the same profile as HYDEO has now. Each dot stands for 4 companies, two years later.

92.7%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a small loss

Another 1.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 1,241 companies, not a prediction for HYDEO. 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

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Signals

Board and ownership

Director
Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0420361376
Company renamed from AU SANGLIER to HYDEO Change of role: , from manager to director · Appointments: (director) and (director) · “De fournir d’une manière générale des services et des biens dans le domaine de la maçonnerie,du…” (deed in French) · General meeting of 23-06-2023 · Gazette deed
Registered office moved to Paturages New registered office: Rue des Champs 20 boîte 3, 7340 PATURAGES · General meeting of 2018-10 · Gazette deed
First establishment AU SANGLIER, Rue Gallait 6, Tournai
All 49 events

Comparable companies

same main activity, similar in size and age
Company
HYDEO Colfontaine €609,474 -€5,146 -20.3% -
BD invest immo Montigny-le-Tilleul €625,116 -€15,842 82.2% -
Groupe BLOCKMANS IMMO SERVICES Gerpinnes €532,326 -€28,642 -33.0% -
EVENTS & INVEST Hamont-Achel €638,054 -€1,084 -25.2% -
MINNEBEKE Affligem €644,579 -€88 100.0% -
ANDRE BECKERS SRL Baelen €564,196 -€28,397 28.9% -
Garage Van der Smissen Dendermonde €537,576 -€4,617 38.8% 0

These companies have the same main activity as HYDEO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €532,000 and €645,000, founded between 1977 and 1986.

Official details

Source: KBO
Status
Active since 01-07-1980Normal situation
Activity
Development of residential building projectsNACE 68121
Establishment unit
2.017.535.1677500 Tournai, since 01-07-1980
Financial year end
30 June
Peppol
Reachable since 25-02-2026
Company details

Annual accounts to 30-06-2025

€609,474▲ 6.8%
Filing
Filed on 30-01-2026, 1 day before the end of the filing period
Financials

Insights on HYDEO

HYDEO files the micro format. That format states no turnover. The gross margin fell from €2,378 in 2007 to -€5,146 in 2025.

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 HYDEO

What is the company number of HYDEO?
The company number of HYDEO is 0420.361.376. The VAT number is the same number with BE in front: BE 0420.361.376.
Where is HYDEO based?
The registered office is at Rue des Champs 20, 7340 Colfontaine.Company details
What does HYDEO do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of HYDEO?
HYDEO is a private limited company (BV).
When was HYDEO founded?
HYDEO was founded on 01-07-1980.
Is HYDEO still active?
Yes, HYDEO is an active enterprise in the KBO register.
How many employees does HYDEO have?
HYDEO had an average of 0.4 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of HYDEO?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2022 turnover was €0.
Is HYDEO profitable?
In financial year 2025, HYDEO made a loss of €6,681.
Where can I find the annual accounts of HYDEO?
HYDEO filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HYDEO due?
HYDEO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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