HYDRIA
ActiveSummary
HYDRIA has the legal form “Naamloze vennootschap van publiek recht” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €178.7m and a net result of €333,989, of which €283,812 non-recurring income. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 70% of 65 sector peers (NACE 36, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, full format
In the rankings
#4 company by total assets in Brussels, Water and waste sector#4 company by equity in Brussels, Water and waste sector#7 employer in the Brussels-Capital Region, Water and waste sector
Turnover
€45.0m▼ 1.0%
2024 · €45.5m
EBIT margin
1.5%▼ 0.9pp
2024 · 2.3%
Net result
€333,989▼ 32.4%
2024 · €494,067
Working capital
€48.9m▲ 7.0%
2024 · €45.7m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 38% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€45.0m
2025
Operating result€0.7m
2025
Net result€0.3m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€300.6m
2025
Equity€178.7m
2025
Debt€121.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€48.9m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin1.5%
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)67.2
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€45.6m-€42.2m▼ 7.6%€41.7m▼ 1.1%€43.0m▲ 3.2%€43.2m▲ 0.4%€36.5m▼ 15.5%€45.5m▲ 24.7%€45.0m▼ 1.0%
Operating result€6.0m-€4.1m▼ 30.5%€3.8m▼ 9.2%-€7.0m€2.0m€0.6m▼ 72.3%€1.1m▲ 86.0%€0.7m▼ 38.0%
Net result€3.2m-€1.6m▼ 51.3%€1.3m▼ 18.8%-€9.7m-€0.08m▲ 99.2%-€0.8m▼ 959%€0.5m€0.3m▼ 32.4%
EBIT margin13.1%-9.8%▼ 3.2pp9.0%▼ 0.8pp-16.4%▼ 25.4pp4.7%▲ 21.1pp1.6%▼ 3.2pp2.3%▲ 0.8pp1.5%▼ 0.9pp
Equity€184.6m-€186.2m▲ 0.8%€187.4m▲ 0.7%€177.8m▼ 5.2%€177.7m=€176.8m▼ 0.5%€178.3m▲ 0.9%€178.7m▲ 0.2%
Total assets€312.2m-€320.5m▲ 2.7%€329.6m▲ 2.8%€327.8m▼ 0.5%€325.4m▼ 0.8%€321.4m▼ 1.2%€308.3m▼ 4.1%€300.6m▼ 2.5%
Debt€127.6m-€134.3m▲ 5.3%€142.1m▲ 5.8%€150.1m▲ 5.6%€147.7m▼ 1.6%€144.6m▼ 2.1%€129.9m▼ 10.1%€121.9m▼ 6.2%
Working capital€30.0m-€8.9m▼ 70.2%€10.0m▲ 11.9%€26.0m▲ 160%€31.2m▲ 19.8%€41.5m▲ 33.2%€45.7m▲ 10.1%€48.9m▲ 7.0%
Staff (FTE)49-49.2▲ 0.4%51.7▲ 5.1%60.4▲ 16.8%66.1▲ 9.4%68.1▲ 3.0%66.9▼ 1.8%67.2▲ 0.4%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €300.6m
Fixed assets
€209.3m ▼ 4.9%
Current assets
€91.3m ▲ 3.5%
Equity and liabilities €300.6m
Equity
€178.7m ▲ 0.2%
Debt
€121.9m ▼ 6.2%
Debt's share of the balance-sheet total falls from 42.1% to 40.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15.6m▼
2024 · €15.7m
Cash flow
€15.3m▲
2024 · €15.1m
Current ratio
2.15▲
2024 · 2.08
Quick ratio
2.13▲
2024 · 2.06
Debt to equity
0.68▼
2024 · 0.73
ROE
0.2%▼
2024 · 0.3%
ROA
0.1%▼
2024 · 0.2%
Interest coverage
12.67▲
2024 · 10.34
Debt ≤ 1 year
€42.4m▼
2024 · €42.5m
Debt > 1 year
€51.1m▼
2024 · €60.3m
Income taxes
€5,284▲
2024 · €3,375
Staff costs
€8.3m▲
2024 · €8.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €78.9m | €80.6m | €81.9m | €84.2m | €84.0m | ▼ 0.3% |
| Turnover70 | €45.6m | €42.2m | €41.7m | €43.0m | €43.2m | €36.5m | €45.5m | €45.0m | ▼ 1.0% |
| Other operating income74 | - | - | - | €35.9m | €37.3m | €45.3m | €38.6m | €38.6m | = |
| Non-recurring operating income76A | - | - | - | €0.005m | €0.09m | €0.04m | €0.07m | €0.3m | ▲ 324% |
| Operating charges60/66A | - | - | - | €85.9m | €78.6m | €81.3m | €83.1m | €83.3m | ▲ 0.2% |
| Goods for resale, raw materials and consumables60 | - | - | - | €46.8m | €51.2m | €52.0m | €52.7m | €52.9m | ▲ 0.4% |
| Purchases600/8 | - | - | - | €46.9m | €51.3m | €52.1m | €52.8m | €53.2m | ▲ 0.8% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.06m | -€0.1m | -€0.1m | -€0.07m | -€0.3m | ▼ 292% |
| Services and other goods61 | - | - | - | €5.3m | €6.0m | €7.2m | €7.6m | €7.1m | ▼ 6.9% |
| Remuneration, social security and pensions62 | - | - | - | €6.0m | €7.1m | €7.7m | €8.1m | €8.3m | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8.3m | €10.6m | €13.1m | €13.5m | €14.3m | €14.4m | €14.6m | €14.9m | ▲ 2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€253 | -€158 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.003m | -€0.02m | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | ▲ 5.5% |
| Non-recurring operating charges66A | - | - | - | €14.2m | €318 | €0.02m | €24 | - | - |
| Operating profit (loss)9901 | €6.0m | €4.1m | €3.8m | -€7.0m | €2.0m | €0.6m | €1.1m | €0.7m | ▼ 38.0% |
| Financial income75/76B | - | - | - | €0.003m | €0.03m | €0.4m | €1.0m | €0.9m | ▼ 4.8% |
| Recurring financial income75 | €96 | €9 | €3 | €209 | €0.03m | €0.4m | €1.0m | €0.9m | ▼ 4.8% |
| Income from financial fixed assets750 | - | - | - | €4 | - | €271 | €0.04m | €0.05m | ▲ 27.2% |
| Other financial income752/9 | - | - | - | €205 | €0.03m | €0.4m | €0.9m | €0.9m | ▼ 6.2% |
| Non-recurring financial income76B | - | - | - | €0.003m | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €2.3m | €2.2m | €1.8m | €1.5m | €1.2m | ▼ 18.9% |
| Recurring financial charges65 | €2.5m | €2.5m | €2.5m | €2.3m | €2.2m | €1.8m | €1.5m | €1.2m | ▼ 18.9% |
| Debt charges650 | €2.5m | €2.5m | €2.4m | €2.3m | €2.1m | €1.8m | €1.5m | €1.2m | ▼ 18.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | -€54 | €15 | - | - | - | - |
| Other financial charges652/9 | - | - | - | €0.003m | €0.005m | €0.006m | €0.008m | €0.005m | ▼ 36.0% |
| Profit (loss) for the period before taxes9903 | €3.5m | €1.7m | €1.3m | -€9.4m | -€0.08m | -€0.8m | €0.5m | €0.3m | ▼ 31.8% |
| Income taxes67/77 | €0.3m | €0.1m | €0.04m | €0.3m | €0.004m | €0.005m | €0.003m | €0.005m | ▲ 56.5% |
| Taxes670/3 | - | - | - | €0.3m | €0.004m | €0.005m | €0.004m | €0.005m | ▲ 43.8% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €5 | - | - | €298 | - | - |
| Profit (loss) for the period9904 | €3.2m | €1.6m | €1.3m | -€9.7m | -€0.08m | -€0.8m | €0.5m | €0.3m | ▼ 32.4% |
| Profit (loss) for the period to be appropriated9905 | €3.2m | €1.6m | €1.3m | -€9.7m | -€0.08m | -€0.8m | €0.5m | €0.3m | ▼ 32.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €312.2m | €320.5m | €329.6m | €327.8m | €325.4m | €321.4m | €308.3m | €300.6m | ▼ 2.5% |
| Fixed assets21/28 | €260.6m | €270.1m | €277.2m | €254.1m | €242.6m | €231.3m | €220.1m | €209.3m | ▼ 4.9% |
| Intangible fixed assets21 | - | - | €0.002m | €0.001m | €0.8m | €0.7m | €1.4m | €2.4m | ▲ 70.3% |
| Tangible fixed assets22/27 | €260.6m | €270.1m | €277.2m | €254.0m | €241.8m | €230.5m | €218.7m | €206.9m | ▼ 5.4% |
| Land and buildings22 | - | - | - | €251.8m | €239.5m | €226.1m | €212.2m | €198.4m | ▼ 6.5% |
| Plant, machinery and equipment23 | - | - | - | €1.4m | €1.5m | €2.5m | €5.1m | €5.1m | ▲ 1.6% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 23.4% |
| Other tangible fixed assets26 | - | - | - | €0.003m | €0.001m | - | - | - | - |
| Assets under construction and advance payments27 | - | - | - | €0.6m | €0.7m | €1.8m | €1.3m | €3.1m | ▲ 146% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.009m | €0.01m | €0.01m | €0.01m | €0.009m | €0.009m | = |
| Other financial fixed assets284/8 | - | - | - | €0.01m | €0.01m | €0.01m | €0.009m | €0.009m | = |
| Shares284 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.002m | €0.002m | €0.002m | €0.001m | €0.001m | = |
| Current assets29/58 | €51.6m | €50.4m | €52.4m | €73.8m | €82.8m | €90.2m | €88.2m | €91.3m | ▲ 3.5% |
| Stocks and contracts in progress3 | €0.02m | €0.2m | €0.3m | €0.3m | €0.4m | €0.6m | €0.7m | €0.9m | ▲ 42.0% |
| Stocks30/36 | - | - | - | €0.3m | €0.4m | €0.6m | €0.7m | €0.9m | ▲ 42.0% |
| Goods purchased for resale34 | - | - | - | €0.3m | €0.4m | €0.6m | €0.7m | €0.9m | ▲ 42.0% |
| Amounts receivable within one year40/41 | €7.1m | €14.4m | €11.7m | €10.0m | €16.9m | €10.4m | €13.7m | €14.5m | ▲ 5.6% |
| Trade receivables40 | - | - | - | €4.9m | €11.2m | €0.9m | €4.4m | €8.4m | ▲ 91.9% |
| Other amounts receivable41 | - | - | - | €5.1m | €5.7m | €9.5m | €9.4m | €6.1m | ▼ 34.7% |
| Current investments50/53 | €180 | €240 | €200 | €255 | €240 | €20.0m | €54.0m | €51.7m | ▼ 4.3% |
| Other investments51/53 | - | - | - | €255 | €240 | €20.0m | €54.0m | €51.7m | ▼ 4.3% |
| Cash at bank and in hand54/58 | €18.1m | €13.4m | €17.8m | €35.4m | €29.3m | €28.4m | €7.4m | €15.3m | ▲ 106% |
| Deferred charges and accrued income490/1 | - | - | - | €28.0m | €36.2m | €30.8m | €12.4m | €8.9m | ▼ 28.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €312.2m | €320.5m | €329.6m | €327.8m | €325.4m | €321.4m | €308.3m | €300.6m | ▼ 2.5% |
| Equity10/15 | €184.6m | €186.2m | €187.4m | €177.8m | €177.7m | €176.8m | €178.3m | €178.7m | ▲ 0.2% |
| Contributions10/11 | €182.2m | €182.2m | €182.2m | €182.2m | €182.2m | €182.2m | €182.2m | €182.2m | = |
| Capital10 | - | - | - | €182.2m | €182.2m | €182.2m | €182.2m | €182.2m | = |
| Issued capital100 | - | - | - | €182.2m | €182.2m | €182.2m | €182.2m | €182.2m | = |
| Reserves13 | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Legal reserve130 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | €2.3m | €3.8m | €5.0m | -€4.7m | -€4.8m | -€5.6m | -€4.1m | -€3.8m | ▲ 8.1% |
| Provisions and deferred taxes16 | €0.001m | €0.001m | €0.02m | €0.02m | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0.02m | - | - | - | - | - |
| Other liabilities and charges164/5 | - | - | - | €0.02m | - | - | - | - | - |
| Amounts payable17/49 | €127.6m | €134.3m | €142.1m | €150.1m | €147.7m | €144.6m | €129.9m | €121.9m | ▼ 6.2% |
| Amounts payable after more than one year17 | €67.3m | €77.4m | €84.6m | €86.2m | €77.9m | €69.2m | €60.3m | €51.1m | ▼ 15.2% |
| Financial debts170/4 | - | - | - | €86.2m | €77.9m | €69.2m | €60.3m | €51.1m | ▼ 15.2% |
| Credit institutions173 | - | - | - | €86.2m | €77.9m | €69.2m | €60.3m | €51.1m | ▼ 15.2% |
| Amounts payable within one year42/48 | €21.6m | €41.5m | €42.4m | €47.8m | €51.6m | €48.6m | €42.5m | €42.4m | ▼ 0.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8.2m | €8.4m | €8.6m | €8.9m | €9.2m | ▲ 3.1% |
| Trade debts44 | €15.4m | €34.4m | €34.5m | €38.9m | €41.9m | €39.3m | €33.0m | €32.4m | ▼ 1.8% |
| Suppliers440/4 | - | - | - | €38.9m | €41.9m | €39.3m | €33.0m | €32.4m | ▼ 1.8% |
| Bills of exchange payable441 | - | - | - | €0.005m | €0.004m | €0.005m | €0.004m | €0.005m | ▲ 19.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.7m | €1.3m | €0.7m | €0.6m | €0.8m | ▲ 38.7% |
| Taxes450/3 | - | - | - | €0.4m | €0.6m | €0.2m | €0.1m | €0.2m | ▲ 57.2% |
| Remuneration and social security454/9 | - | - | - | €0.3m | €0.6m | €0.5m | €0.4m | €0.6m | ▲ 33.0% |
| Accrued charges and deferred income492/3 | - | - | - | €16.0m | €18.3m | €26.7m | €27.1m | €28.4m | ▲ 4.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3.2m | €1.6m | €1.3m | -€9.7m | -€0.08m | -€0.8m | €0.5m | €0.3m | ▼ 32.4% |
| + Depreciation and write-downs630 | €8.3m | €10.6m | €13.1m | €13.5m | €14.3m | €14.4m | €14.6m | €14.9m | ▲ 2.1% |
| Operating cash flow (approximation) | €11.5m | €12.2m | €14.3m | €3.8m | €14.2m | €13.6m | €15.1m | €15.3m | ▲ 1.0% |
| Investment in fixed assets (approximation) | - | -€20.1m | -€20.2m | €9.7m | -€2.9m | -€3.1m | -€3.5m | -€4.1m | ▼ 19.4% |
| Change in cash | - | -€4.7m | €4.4m | €17.6m | -€6.2m | -€0.9m | -€20.9m | €7.9m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 16-06-2026 | 2026-00169576 |
| 31-12-2024 | full format | 18-06-2025 | 2025-00160522 |
| 31-12-2023 | full format | 18-09-2024 | 2024-00463922 |
| 31-12-2022 | full format | 13-07-2023 | 2023-00243118 |
| 31-12-2021 | full format | 13-07-2022 | 2022-20202094 |
| 31-12-2020 | full format | 19-07-2021 | 2021-37800076 |
| 31-12-2019 | full format | 08-07-2020 | 2020-28800388 |
| 31-12-2018 | full format | 01-07-2019 | 2019-27400464 |
| 31-12-2017 | full format | 26-06-2018 | 2018-26700502 |
| 31-12-2016 | full format | 30-06-2017 | 2017-24600283 |
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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.