Equity
€2.4m from €11.7m in 2017
Equity fell by 79% in 8 years.
HYDRO CLEANING INTERNATIONAL
Lifetime
19 annual accounts with figures on one time axis, 38 filings since 1988peak €41.0m (2024)
€36.7m▼ 10.5%
lowest -€4.0m (2025)
-€4.0m▼ €3.7m
peak €11.7m (2017)
€2.4m▼ 62.2%
€24.1m▲ 16.8%
peak 251.1 FTE (2020)
227.3 FTE▼ 5.9%
Board16 names since 2021all names
6 directorsJan Cockx and 5 others
Owners4 names in the annual accounts
100%COMMA and 1 other
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Loss of €4.0mResignation: Stijn Vermoet (managing director) 10-121 director appointed, 1 statutory auditor appointed, 1 resign… 16-10Powers of attorney: Nicolas GERMOND, Mieke HOORENS and 8 others 24-02Equity from €6.5m to €2.4mDebts from €20.6m to €24.1m
Key points
from the 2025 annual accountsLosses
-€4.9m in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€24.1m 89% of the balance sheet
Financial debts 60%Suppliers 17%Taxes and wages 17%Other 6%
€5.9m of the debts are secured on the company's own assets. In 2019 that was €9.7m.
Staff
205 employees on 31-12-2025
In 2025, 74 people joined and 117 left. On top of that, 6.1 agency workers worked there on average.
Board
3 joined · 4 left
Board changed. Latest change 30-06-2026 · 4 in office.
Position in the sector
-€4.0m
Lower net result than 95% of companies in building services and landscaping. Sector median €35,571 · 546 companies.
Checked score
51
Fair
Financially stronger than 11% of medium-sized companies in building services and landscaping (NACE 81)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 144 companies (NACE 81, medium-sized).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.2%▼ -0.1 percentage points vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025
08-2025: 1.1%▼ -0.3 percentage points vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026lowest value
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.2%▲ +0.1 percentage points vs 05-2026
07-2026: 1.1%▼ -0.1 percentage points vs 06-2026
08-2026: 2.0%▲ +0.9 percentage points vs 07-2026highest value
09-2026: 2.0%● unchanged vs 08-2026highest value
10-2026: 2.0%● unchanged vs 09-2026highest value
11-2026: 2.0%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €4.0m, the second in a row (financial year 2025)
Equity €2.4m (9.1% of total assets)
Sector: Services to buildings and landscape activities (NACE 81)
Liquidity: current ratio 0.71, cash €1.5m
Calculation
The band follows from the bankruptcy probability. 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 81, medium-sized). It does better than 20% of them on solvency, 13% on liquidity, 3% on profitability and 7% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 743 companies had the same profile as HYDRO CLEANING INTERNATIONAL has now. Each dot stands for 2 companies, two years later.
86.1%
were still trading
8.1%
stopped another way
5.1%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HYDRO CLEANING INTERNATIONAL itself: 2.0% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 743 companies, not a prediction for HYDRO CLEANING INTERNATIONAL. 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
Credit of up to €120,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.71 (0.85 in 2024), below 1. Short-term debt is 72.4% and cash 5.7% of total assets. 90.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4.0m
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 547 sector peers (2025).
NBB · sector comparisonPosition among 547 sector peers
Solvency
better than 14%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
16 days early
2023
34 days early
2022
316 days late
2021
46 days early
2020
9 days early
2019
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- COMMA 100%equity €7.8m (2025) · 2025 annual accounts of COMMA
- DALFA 0.01%equity €1.9m (2022) · 2022 annual accounts of DALFA
- VEOLIA NV-SA 0.01%score 81equity €23.9m (2025) · 2025 annual accounts of VEOLIA NV-SA
Recent changes
3 directors appointed, 4 resignations
Resignations: Thomas Deruytter, Mieke Hoorens (managing director), Philippe Tychon and Jérôme Waterkeyn · Appointments: Paul Peeters, Bart Vanstiphout and Bart Moonen (day-to-day manager) · Director discharge: Thomas Deruytter · General meeting of 30-06-2026 · Gazette deed
Resignation: Stijn Vermoet (managing director)
Board meeting of 30-09-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0430983371
1 director appointed, 1 statutory auditor appointed, 1 resignation, 1 resignation
Resignations: Nicolas Germond (chair and managing director) and KPMG Bedrijfsrevisoren BV (statutory auditor) · Appointments: Mieke Hoorens (chair of the board) and Deloitte Bedrijfsrevisoren BV (statutory auditor) · General meeting of 27-06-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HYDRO CLEANING INTERNATIONAL Antwerp | €36.7m | -9.5% | 9.1% | 227.3 |
| RENTOKIL Schelle | €34.8m | 22.5% | 13.3% | 217.6 |
| ANTICIMEX Ixelles | €41.1m | 8.7% | 20.8% | 297 |
| ROEFS Antwerp | €39.2m | 6.9% | 33.6% | 95.8 |
| BUCHEN INDUSTRIAL SERVICES NV Olen | €23.7m | 1.3% | -24.1% | 99.4 |
| JETTE CLEAN Jette | €59.1m | 8.8% | 76.4% | 553.4 |
| XLG Facility Herstal | €37.2m | 7.0% | 46.8% | 279.2 |
Grey: the largest companies of the sector (building services and landscaping (NACE 81)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as HYDRO CLEANING INTERNATIONAL: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €12m and €34m, founded between 1968 and 2002.
Official details
Source: KBO- Status
- Active since 28-04-1987Normal situation
- Activity
- Other building cleaning and industrial cleaningNACE 81220and 1 other
- Joint committees
- 200Auxiliary committee for white-collar workers
- 121Cleaning · annual accounts 2025
- Establishment units
- 2.031.826.0392950 Kapellen, since 11-05-1987
- 2.261.825.8082030 Antwerp, since 24-02-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Annual accounts 2025
- €27.0m▼ 1.9%
- Employeeson 31-12-2025
- 205▼ 17.3%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on HYDRO CLEANING INTERNATIONAL
HYDRO CLEANING INTERNATIONAL has existed since 1987. Turnover grew from €18.8m in 2006 to €36.7m in 2025 and staff from 115.2 to 227.3 full-time equivalents.
Solvency fell in 2025 from 23.5% to 9.1% because of the loss.
COMMA holds all the shares. In June 2026, four directors stepped down.
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 HYDRO CLEANING INTERNATIONAL
- What is the company number of HYDRO CLEANING INTERNATIONAL?
- The company number of HYDRO CLEANING INTERNATIONAL is 0430.983.371. The VAT number is the same number with BE in front: BE 0430.983.371.
- Where is HYDRO CLEANING INTERNATIONAL based?
- The registered office is at Scheldelaan 417, 2030 Antwerp.Company details
- What does HYDRO CLEANING INTERNATIONAL do?
- According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
- What is the legal form of HYDRO CLEANING INTERNATIONAL?
- HYDRO CLEANING INTERNATIONAL is a public limited company (NV).
- When was HYDRO CLEANING INTERNATIONAL founded?
- HYDRO CLEANING INTERNATIONAL was founded on 28-04-1987.
- Is HYDRO CLEANING INTERNATIONAL still active?
- Yes, HYDRO CLEANING INTERNATIONAL is an active enterprise in the KBO register.
- How many employees does HYDRO CLEANING INTERNATIONAL have?
- HYDRO CLEANING INTERNATIONAL had an average of 227.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HYDRO CLEANING INTERNATIONAL fall under?
- In its 2025 annual accounts, HYDRO CLEANING INTERNATIONAL states joint committees 200 (Auxiliary committee for white-collar workers) and 121 (Cleaning).
- What is the turnover of HYDRO CLEANING INTERNATIONAL?
- The turnover of HYDRO CLEANING INTERNATIONAL was €36.7m in financial year 2025, according to the filed annual accounts.
- Is HYDRO CLEANING INTERNATIONAL profitable?
- In financial year 2025, HYDRO CLEANING INTERNATIONAL made a loss of €4.0m.
- Where can I find the annual accounts of HYDRO CLEANING INTERNATIONAL?
- HYDRO CLEANING INTERNATIONAL filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HYDRO CLEANING INTERNATIONAL due?
- HYDRO CLEANING INTERNATIONAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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