HYDREAU
ActiveSummary
HYDREAU has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €59k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▼-9
Solvency76▼-20
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 3.08 in 2024; short-term debt: 48.7% and cash: 32% of total assets), and 48.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.3%
Return on assets
14.4%
Age of the figures
9 mo
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
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
77 d early
2023
79 d early
2022
97 d early
2021
75 d early
2020
102 d early
2019
81 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, micro schema
Equity
€210k▼ 25.9%
2024 · €283k
2018: €158k
2019: €181k▲ +14.5% vs 2018
2020: €181k● 0.0% vs 2019
2021: €275k▲ +51.8% vs 2020
2022: €122k▼ -55.8% vs 2021lowest in 8 years
2023: €196k▲ +61.2% vs 2022
2024: €283k▲ +44.4% vs 2023highest in 8 years
2025: €210k▼ -25.9% vs 2024
2018 → 2025
Total assets
€408k▲ 2.3%
2024 · €399k
2018: €530k
2019: €301k▼ -43.2% vs 2018lowest in 8 years
2020: €409k▲ +35.7% vs 2019
2021: €489k▲ +19.6% vs 2020
2022: €589k▲ +20.4% vs 2021highest in 8 years
2023: €394k▼ -33.1% vs 2022
2024: €399k▲ +1.3% vs 2023
2025: €408k▲ +2.3% vs 2024
2018 → 2025
Net result
€59k▼ 32.6%
2024 · €87k
2018: €83k
2019: €108k▲ +30.1% vs 2018
2020: €145k▲ +34.2% vs 2019
2021: €192k▲ +32.4% vs 2020
2022: €217k▲ +13.3% vs 2021highest in 8 years
2023: €74k▼ -65.8% vs 2022
2024: €87k▲ +16.9% vs 2023
2025: €59k▼ -32.6% vs 2024lowest in 8 years
2018 → 2025
Working capital
€180k▼ 25.5%
2024 · €241k
2018: €136k
2019: €162k▲ +18.9% vs 2018
2020: €167k▲ +2.9% vs 2019
2021: €265k▲ +58.8% vs 2020highest in 8 years
2022: €80k▼ -69.7% vs 2021lowest in 8 years
2023: €126k▲ +56.9% vs 2022
2024: €241k▲ +91.2% vs 2023
2025: €180k▼ -25.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€275k-€122k▼ 55.8%€196k▲ 61.2%€283k▲ 44.4%€210k▼ 25.9%
2021: €275k
2022: €122k▼ -55.8% vs 2021lowest in 5 years
2023: €196k▲ +61.2% vs 2022
2024: €283k▲ +44.4% vs 2023highest in 5 years
2025: €210k▼ -25.9% vs 2024
Operating result€256k-€293k▲ 14.5%€109k▼ 62.8%€125k▲ 14.3%€91k▼ 27.1%
2021: €256k
2022: €293k▲ +14.5% vs 2021highest in 5 years
2023: €109k▼ -62.8% vs 2022
2024: €125k▲ +14.3% vs 2023
2025: €91k▼ -27.1% vs 2024lowest in 5 years
Net result€192k-€217k▲ 13.3%€74k▼ 65.8%€87k▲ 16.9%€59k▼ 32.6%
2021: €192k
2022: €217k▲ +13.3% vs 2021highest in 5 years
2023: €74k▼ -65.8% vs 2022
2024: €87k▲ +16.9% vs 2023
2025: €59k▼ -32.6% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €408k
Fixed assets
€30k ▼ 28.4%
Current assets
€378k ▲ 6.0%
Equity and liabilities €408k
Equity
€210k ▼ 25.9%
Debt
€199k ▲ 71.3%
Debt's share of the balance-sheet total rises from 29.1% to 48.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€106k▼
2024 · €139k
Cash flow
€73k▼
2024 · €101k
Current ratio
1.90▼
2024 · 3.08
Debt to equity
0.95▲
2024 · 0.41
ROE
27.9%▼
2024 · 30.7%
ROA
14.4%▼
2024 · 21.8%
Interest coverage
27.81▼
2024 · 61.51
Debt ≤ 1 year
€199k▲
2024 · €116k
Income taxes
€29k▼
2024 · €38k
Staff costs
€282k▲
2024 · €238k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€399k€408k▲
Fixed assets21/28€42k€30k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€41k€29k▼
Plant, machinery and equipment23€1k€999▼
Furniture and vehicles24€35k€25k▼
Other tangible fixed assets26€5k€3k▼
Financial fixed assets28€971€971=
Current assets29/58€357k€378k▲
Amounts receivable within one year40/41€247k€238k▼
Trade receivables40€239k€236k▼
Other amounts receivable41€7k€1k▼
Cash at bank and in hand54/58€108k€131k▲
Deferred charges and accrued income490/1€3k€10k▲
Equity and liabilities
Total equity and liabilities10/49€399k€408k▲
Equity10/15€283k€210k▼
Contributions10/11€110k€110k=
Reserves13€173k€100k▼
Non-distributable reserves130/1€11k€11k=
Reserves not available under the articles1311€11k€11k=
Distributable reserves133€162k€89k▼
Amounts payable17/49€116k€199k▲
Amounts payable within one year42/48€116k€199k▲
Trade debts44€47k€28k▼
Suppliers440/4€47k€28k▼
Taxes, remuneration and social security45€41k€36k▼
Taxes450/3€14k€6k▼
Remuneration and social security454/9€27k€30k▲
Other amounts payable47/48€27k€134k▲
Accrued charges and deferred income492/3€115-
Income statement
Code20242025
Remuneration, social security and pensions62€238k€282k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€634€595▼
Gross operating margin9900€377k€388k▲
Operating profit (loss)9901€125k€91k▼
Financial income75/76B€3k€162▼
Recurring financial income75€3k€162▼
Non-recurring financial income76B€111-
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€125k€87k▼
Income taxes67/77€38k€29k▼
Profit (loss) for the period9904€87k€59k▼
Profit (loss) for the period to be appropriated9905€87k€59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€87k€59k▼
Transfer from equity791/2-€73k
Transfer to equity691/2€87k-
To other reserves6921€87k-
Profit to be distributed694/7-€132k
Return on contributions (dividend)694-€125k
Employees696-€7k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3k | - | - | - | - |
| Remuneration, social security and pensions62 | €98k | €135k | €206k | €238k | €282k | ▲ 18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €6k | €13k | €14k | €15k | ▲ 5.0% |
| Other operating charges640/8 | €310 | €322 | €46 | €634 | €595 | ▼ 6.1% |
| Gross operating margin9900 | €359k | €434k | €329k | €377k | €388k | ▲ 3.0% |
| Operating profit (loss)9901 | €256k | €293k | €109k | €125k | €91k | ▼ 27.1% |
| Financial income75/76B | €10 | €1k | €1k | €3k | €162 | ▼ 93.8% |
| Recurring financial income75 | €10 | €1k | €1k | €3k | €162 | ▼ 93.5% |
| Non-recurring financial income76B | - | - | €125 | €111 | - | - |
| Financial charges65/66B | €3k | €2k | €2k | €2k | €4k | ▲ 68.5% |
| Recurring financial charges65 | €3k | €2k | €2k | €2k | €4k | ▲ 68.5% |
| Profit (loss) for the period before taxes9903 | €253k | €292k | €108k | €125k | €87k | ▼ 30.2% |
| Income taxes67/77 | €61k | €75k | €34k | €38k | €29k | ▼ 24.6% |
| Profit (loss) for the period9904 | €192k | €217k | €74k | €87k | €59k | ▼ 32.6% |
| Profit (loss) for the period to be appropriated9905 | €192k | €217k | €74k | €87k | €59k | ▼ 32.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €489k | €589k | €394k | €399k | €408k | ▲ 2.3% |
| Fixed assets21/28 | €11k | €41k | €70k | €42k | €30k | ▼ 28.4% |
| Intangible fixed assets21 | €782 | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €9k | €25k | €54k | €41k | €29k | ▼ 29.0% |
| Plant, machinery and equipment23 | - | - | €2k | €1k | €999 | ▼ 28.1% |
| Furniture and vehicles24 | - | €17k | €46k | €35k | €25k | ▼ 27.6% |
| Other tangible fixed assets26 | €9k | €8k | €7k | €5k | €3k | ▼ 40.4% |
| Financial fixed assets28 | €971 | €16k | €16k | €971 | €971 | = |
| Current assets29/58 | €479k | €548k | €324k | €357k | €378k | ▲ 6.0% |
| Amounts receivable within one year40/41 | €249k | €234k | €230k | €247k | €238k | ▼ 3.6% |
| Trade receivables40 | €246k | €228k | €219k | €239k | €236k | ▼ 1.3% |
| Other amounts receivable41 | €4k | €5k | €11k | €7k | €1k | ▼ 80.8% |
| Current investments50/53 | €26k | €51k | - | - | - | - |
| Cash at bank and in hand54/58 | €199k | €261k | €92k | €108k | €131k | ▲ 21.5% |
| Deferred charges and accrued income490/1 | €4k | €2k | €2k | €3k | €10k | ▲ 272% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €489k | €589k | €394k | €399k | €408k | ▲ 2.3% |
| Equity10/15 | €275k | €122k | €196k | €283k | €210k | ▼ 25.9% |
| Contributions10/11 | €110k | €110k | €110k | €110k | €110k | = |
| Reserves13 | €165k | €12k | €86k | €173k | €100k | ▼ 42.4% |
| Non-distributable reserves130/1 | €11k | €11k | €11k | €11k | €11k | = |
| Reserves not available under the articles1311 | €11k | €11k | €11k | €11k | €11k | = |
| Distributable reserves133 | €154k | €736 | €75k | €162k | €89k | ▼ 45.3% |
| Amounts payable17/49 | €214k | €467k | €198k | €116k | €199k | ▲ 71.3% |
| Amounts payable within one year42/48 | €214k | €467k | €198k | €116k | €199k | ▲ 71.5% |
| Financial debts43 | - | - | €641 | - | - | - |
| Credit institutions430/8 | - | - | €641 | - | - | - |
| Trade debts44 | €84k | €60k | €71k | €47k | €28k | ▼ 39.7% |
| Suppliers440/4 | €84k | €60k | €71k | €47k | €28k | ▼ 39.7% |
| Taxes, remuneration and social security45 | €25k | €33k | €48k | €41k | €36k | ▼ 13.0% |
| Taxes450/3 | €13k | €19k | €20k | €14k | €6k | ▼ 58.6% |
| Remuneration and social security454/9 | €12k | €14k | €28k | €27k | €30k | ▲ 10.6% |
| Other amounts payable47/48 | €105k | €374k | €78k | €27k | €134k | ▲ 389% |
| Accrued charges and deferred income492/3 | €354 | - | €109 | €115 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €192k | €217k | €74k | €87k | €59k | ▼ 32.6% |
| + Depreciation and write-downs630 | €4k | €6k | €13k | €14k | €15k | ▲ 5.0% |
| Operating cash flow (approximation) | €196k | €223k | €88k | €101k | €73k | ▼ 27.4% |
| Investment in fixed assets (approximation) | - | €-36k | €-42k | €14k | €-3k | ▼ 121% |
| Change in cash | - | €62k | €-170k | €16k | €23k | ▲ 43.8% |
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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €59k ▼32.6%
Net result drops to €59k, the lowest in the series.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €283k ▲44.4%
7 profitable years in a row build equity to €283k.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €196k ▲61.2%
6 profitable years in a row build equity to €196k.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €217k ▲13.3%
Operating result €293k, net result €217k, both a record.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €275k ▲51.8%
4 profitable years in a row build equity to €275k.
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ramillies · 2 establishment units since 2011
Ground area
9,349 m²
Building footprint
2,932 m²
Volume, LiDAR
24,751 m³
2 parcels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Rue de Fauconval 5, 1367 Ramillies
since 20112.198.897.255
HYDREAU
since 20192.291.447.331
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92095B0228/00H000 | Wallonia | 8,304 m² | 1 · 2,851 m² | 10.8 m · 3 fl. |
| 25042A0315/00V000 | Wallonia | 1,046 m² | 1 · 81 m² | - |
Linked by address, not proof of ownership
Good to know
2 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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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,686 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
Founded26-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71209Other technical testing and analysis
Contact
Website
www.hydreau.net
E-mail
s.muguet@hydreau.net
Scores and ratios are computed by Checked and are not a credit decision.