HYDEO
ActiveSummary
HYDEO has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€123,425) and a net result of -€6,681. Equity is shrinking by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-15
Solvency5=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.85 against 0.84 in 2024; short-term debt: 117.4% and cash: 0% of total assets), and equity is negative.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-20.3%
Return on assets
-1.1%
Age of the figures
15 mo
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 -€123,425
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
1 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#8 oldest company in Colfontaine
Turnover
€0
Total assets
€609,474▲ 6.8%
2024 · €570,719
Net result
-€6,681▲ 47.2%
2024 · -€12,650
Working capital
-€108,416▼ 2.0%
2024 · -€106,244
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0
Operating result-€11,987-€8,567▲ 28.5%-€10,735▼ 25.3%-€12,438▼ 15.9%-€5,944▲ 52.2%
Net result-€16,125below the sector's middle half-€13,848below the sector's middle half▲ 14.1%-€11,845below the sector's middle half▲ 14.5%-€12,650below the sector's middle half▼ 6.8%-€6,681within the sector's middle half▲ 47.2%
Equity-€78,401below the sector's middle half▼ 25.9%-€92,249below the sector's middle half▼ 17.7%-€104,094below the sector's middle half▼ 12.8%-€116,744below the sector's middle half▼ 12.2%-€123,425below the sector's middle half▼ 5.7%
Total assets€78,308below the sector's middle half▼ 30.0%€117,700below the sector's middle half▲ 50.3%€393,142within the sector's middle half▲ 234%€570,719within the sector's middle half▲ 45.2%€609,474within the sector's middle half▲ 6.8%
Debt€156,709▼ 10.0%€209,949▲ 34.0%€497,236▲ 137%€687,463▲ 38.3%€732,899▲ 6.6%
Working capital-€78,401below the sector's middle half▼ 25.9%-€92,249below the sector's middle half▼ 17.7%-€104,094below the sector's middle half▼ 12.8%-€106,244below the sector's middle half▼ 2.1%-€108,416below the sector's middle half▼ 2.0%
Solvency-100.1%below the sector's middle half▼ 44.4pp-78.4%below the sector's middle half▲ 21.7pp-26.5%below the sector's middle half▲ 51.9pp-20.5%below the sector's middle half▲ 6.0pp-20.3%below the sector's middle half▲ 0.2pp
Current ratio0.50within the sector's middle half▼ 0.140.56within the sector's middle half▲ 0.060.79within the sector's middle half▲ 0.230.84within the sector's middle half▲ 0.050.85within the sector's middle half▲ 0.01
Return on assets (ROA)-20.6%below the sector's middle half▼ 21.4pp-11.8%below the sector's middle half▲ 8.8pp-3.0%below the sector's middle half▲ 8.8pp-2.2%within the sector's middle half▲ 0.8pp-1.1%within the sector's middle half▲ 1.1pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,944 in 2025 against €12,438 in 2024; the loss shrinks.
Balance-sheet composition
Assets €609,474
Fixed assets
€2,491
Current assets
€606,983
Key figures and ratios
EBITDA
-€5,793
Cash flow
-€6,530
Quick ratio
0.00▼
2024 · 0.00
Debt to equity
-5.94▼
2024 · -5.89
Interest coverage
-7.86
Debt ≤ 1 year
€715,399▲
2024 · €676,963
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,241 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
1.8%
went bankrupt
4.0%
stopped otherwise
93%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,241 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €151 | - |
| Other operating charges640/8 | - | €390 | €430 | €446 | €647 | ▲ 45.1% |
| Gross operating margin9900 | -€11,609 | -€8,177 | -€10,305 | -€11,992 | -€5,146 | ▲ 57.1% |
| Operating profit (loss)9901 | -€11,987 | -€8,567 | -€10,735 | -€12,438 | -€5,944 | ▲ 52.2% |
| Financial income75/76B | - | - | - | €908 | - | - |
| Recurring financial income75 | €0 | - | - | €908 | - | - |
| Financial charges65/66B | - | €5,281 | €1,110 | €1,120 | €737 | ▼ 34.2% |
| Recurring financial charges65 | €4,052 | €5,281 | €1,110 | €1,120 | €737 | ▼ 34.2% |
| Profit (loss) for the period before taxes9903 | -€16,125 | -€13,848 | -€11,845 | -€12,650 | -€6,681 | ▲ 47.2% |
| Profit (loss) for the period9904 | -€16,125 | -€13,848 | -€11,845 | -€12,650 | -€6,681 | ▲ 47.2% |
| Profit (loss) for the period to be appropriated9905 | -€16,125 | -€13,848 | -€11,845 | -€12,650 | -€6,681 | ▲ 47.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €78,308 | €117,700 | €393,142 | €570,719 | €609,474 | ▲ 6.8% |
| Fixed assets21/28 | €0 | €0 | €0 | €0 | €2,491 | - |
| Tangible fixed assets22/27 | €0 | €0 | €0 | €0 | €2,491 | - |
| Plant, machinery and equipment23 | - | €0 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | €0 | €0 | €0 | €2,491 | - |
| Current assets29/58 | €78,308 | €117,700 | €393,142 | €570,719 | €606,983 | ▲ 6.4% |
| Stocks and contracts in progress3 | €73,393 | €113,776 | €389,505 | €568,309 | €606,316 | ▲ 6.7% |
| Stocks30/36 | - | €113,776 | €389,505 | €568,309 | €606,316 | ▲ 6.7% |
| Amounts receivable within one year40/41 | €1,218 | €2,821 | €2,597 | €1,800 | €174 | ▼ 90.3% |
| Trade receivables40 | - | €0 | - | - | - | - |
| Other amounts receivable41 | - | €2,821 | €2,597 | €1,800 | €174 | ▼ 90.3% |
| Cash at bank and in hand54/58 | €3,583 | €974 | €542 | €0 | €0 | - |
| Deferred charges and accrued income490/1 | - | €129 | €498 | €610 | €493 | ▼ 19.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €78,308 | €117,700 | €393,142 | €570,719 | €609,474 | ▲ 6.8% |
| Equity10/15 | -€78,401 | -€92,249 | -€104,094 | -€116,744 | -€123,425 | ▼ 5.7% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€98,852 | -€112,700 | -€124,545 | -€137,195 | -€143,876 | ▼ 4.9% |
| Amounts payable17/49 | €156,709 | €209,949 | €497,236 | €687,463 | €732,899 | ▲ 6.6% |
| Amounts payable within one year42/48 | €156,709 | €209,949 | €497,236 | €676,963 | €715,399 | ▲ 5.7% |
| Financial debts43 | - | €116,000 | €190,300 | €375,519 | €423,106 | ▲ 12.7% |
| Credit institutions430/8 | - | €116,000 | €190,300 | €375,519 | €423,106 | ▲ 12.7% |
| Trade debts44 | €129 | €418 | €14,272 | €8,639 | €332 | ▼ 96.2% |
| Suppliers440/4 | - | €418 | €14,272 | €8,639 | €332 | ▼ 96.2% |
| Taxes, remuneration and social security45 | - | €0 | €0 | €0 | €0 | - |
| Taxes450/3 | - | - | - | €0 | - | - |
| Other amounts payable47/48 | - | €93,531 | €292,664 | €292,805 | €291,961 | ▼ 0.3% |
| Accrued charges and deferred income492/3 | - | - | - | €10,500 | €17,500 | ▲ 66.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,125 | -€13,848 | -€11,845 | -€12,650 | -€6,681 | ▲ 47.2% |
| + Depreciation and write-downs630 | - | - | - | - | €151 | - |
| Operating cash flow (approximation) | -€16,125 | -€13,848 | -€11,845 | -€12,650 | -€6,530 | ▲ 48.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,642 | - |
| Change in cash | - | -€2,609 | -€432 | -€542 | €0 | ▲ 100% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Back to profitnet €861
Net result €861 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
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.
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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, Colfontaine · 1 establishment unit since 1980
Ground area
540 m²
Building footprint
284 m²
Volume, LiDAR
1,357 m³
2 parcels, Wallonia · tallest building 14.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AU SANGLIER
since 19802.017.535.167
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53064A0392/00B003indicative | Wallonia | 409 m² | 1 · 254 m² | 6.5 m · 1 fl. |
| 57081F0514/00D000 | Wallonia | 131 m² | 1 · 30 m² | 14.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-07-1980
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420361376
Also
9925:BE0420361376
Registered
25-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.