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HYDREC

Active
Private limited companyfounded 1983active for 43 yearsChemin des Bancs(ML) 11, 5020 Namur, BelgiumKBO/BCE: BE 0424.629.376
Summary

HYDREC has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €4,627 and a net result of -€964. Equity is shrinking by about 17% per year across the filed financial years. Its solvency ranks better than 38% of 60 sector peers (NACE 71, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
6th oldest company in the province of Namur, Architecture and engineering sector1 site
Size
€5,467turnover 2026
Equity
€4,627
Loss
-€964
Financial health
84 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 116 days early0 of 1 deed read
Why 84raises riskLiquidity: current ratio 1.50Loss of €964, the second in a row (financial year 2026)lowers riskSize: turnover €5,467, total assets €10,802Founded in 1983Show the evidence

Checked score

Score 2026
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 26% of its sector peers (NACE 71, micro)
Financial strength · tick = 2025
Weak
Solvency 68-7
equity 42.8% of total assets
Liquidity 41-34
short-term debt 57.2%
Profitability 5+3
return on assets -8.9%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,803 companies, NACE 71, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026highest value
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 71, micro): better than 41% on solvency, 21% on liquidity, 9% on profitability and 33% on growth.

The bankruptcy probability was computed on 21-10-2026 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.

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

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €5,467, total assets €10,802
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.50
NBB · annual accounts
raises risk · Loss of €964, the second in a row (financial year 2026)
NBB · annual accounts
lowers risk · Founded in 1983
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 07-10-2026, 116 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
116 days early
2025
103 days early
2024
105 days early
2023
109 days early
2022
104 days early
2021
108 days early
2020
113 days early
← 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 108 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 18 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today30-06-2027 year end31-01-2028 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · abbreviated…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2026 -€964 View
  • Caution: Among the weakest 6% on equitysector median €230,102 · 60 companies €4,627 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2026
Turnover
€5,467
Loss
-€964
Solvency
42.8%
Turnover▼ 3.9%
Net result
20192026
Go to Financials

Timeline

Events
45
Since
1985
Next accounts
by 31-01-2028
  1. 30-06-2024Liquidity more than 147 times
  2. 14-10-2023Annual accounts filed
  3. 19-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
28-09-1983
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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