Equity
€196,500 from €1.7m in 2013
Equity fell by 89% in 11 years.
Hydro-Create Inter
Lifetime
18 annual accounts with figures on one time axis, 34 filings since 1990peak €875,808 (2017)
€230,077▲ 21×
lowest -€585,152 (2017)
€67,099▲ €235,203
peak €1.7m (2013)
€196,500▲ 13.3%
€1.2m▼ 22.1%
peak 7.1 FTE (2011)
-not published
Board2 names since 2017
-
Documentsfilings and deeds
18-12-2025140 days late
2024micro format
Closure of the judicial dissolution 18-04Judicial dissolution, liquidator appointed 24-01Gross margin from €11,132 to €230,077Back to profit: €67,099End & cessation 28-03Equity from €173,470 to €196,500
Key points
from the 2024 annual accountsResult
€67,099 €67,099
Back in profit in 2024, after a loss of €168,104 in 2023.
Turnover
≈ €580,000 estimated
The micro format states no turnover.
Debts
€1.2m 81% of the balance sheet
Financial debts 90%Suppliers 4%Taxes and wages 0%Other 6%
Of this, €963,699 falls due within a year.
Filings
34 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
13.3%
Lower solvency than 83% of companies in civil engineering. Sector median 45.8% · 1,321 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,681 companies had the same profile as Hydro-Create Inter has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,681 companies, not a prediction for Hydro-Create Inter. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0438731097
Closure of the judicial dissolution
Enterprise Court of Liège, Liège division · liquidator: Donne Marielle · judgment of 10-04-2024 · Bankruptcy
End & cessation
Director in office: · Gazette deed
Judicial dissolution, liquidator appointed
Enterprise Court of Liège, Liège division · Donne Marielle · judgment of 17-01-2024 · Bankruptcy
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Hydro-Create Inter Héron | €1.5m | €230,077 | 13.3% | - |
| AUTOMATIC SPRAYING SYSTEMS Alken | €1.0m | €334,003 | 59.5% | 4.7 |
| DEWULF AQUA Zedelgem | €1.5m | €157,515 | 41.4% | - |
| VAMACO Beveren-Kruibeke-Zwijndrecht | €0.8m | €215,353 | 89.2% | - |
| ALGEMENE ONDERNEMINGEN COUWBERGHS FRANS Laakdal | €0.5m | €109,947 | -92.7% | 3.5 |
| PUTBORINGEN VAN HEUGTEN Oudsbergen | €1.1m | €653,483 | 25.1% | 5.9 |
| LIQNUM Waasmunster | €0.7m | €230,471 | 57.9% | - |
These companies have the same main activity as Hydro-Create Inter: civil engineering (NACE 42919). They are comparable in size and age: total assets between €451,000 and €1.5m, founded between 1977 and 2003.
Official details
Source: KBO- Status
- Active since 27-10-1989Normal situation
- Activity
- Civil engineeringNACE 42919and 2 others
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2022
- Establishment unit
- 2.045.736.2354217 Héron, since 24-11-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 01-01-2026
Insights on Hydro-Create Inter
Hydro-Create Inter files the micro format. That format states no turnover. The gross margin fell from €634,734 in 2007 to €230,077 in 2024.
The balance sheet grew most from 2012 to 2013 through fixed assets.
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-Create Inter
- What is the company number of Hydro-Create Inter?
- The company number of Hydro-Create Inter is 0438.731.097. The VAT number is the same number with BE in front: BE 0438.731.097.
- Where is Hydro-Create Inter based?
- The registered office is at Rue de la Sarthe 4, 4217 Héron.Company details
- What does Hydro-Create Inter do?
- According to the KBO register, the main activity is civil engineering (NACE 42919).
- What is the legal form of Hydro-Create Inter?
- Hydro-Create Inter is a public limited company (NV).
- When was Hydro-Create Inter founded?
- Hydro-Create Inter was founded on 27-10-1989.
- Is Hydro-Create Inter still active?
- Yes, Hydro-Create Inter is an active enterprise in the KBO register.
- How many employees does Hydro-Create Inter have?
- Hydro-Create Inter had an average of 2.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- Which joint committee does Hydro-Create Inter fall under?
- In its 2022 annual accounts, Hydro-Create Inter states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Hydro-Create Inter?
- The turnover in financial year 2024 is ≈ €580,000. This figure is estimated from the gross margin of €230,077 and 2,204 comparable companies of the same size. It probably lies between €380,000 and €890,000. It is a rough estimate.
- Is Hydro-Create Inter profitable?
- In financial year 2024, Hydro-Create Inter made a profit of €67,099.
- Where can I find the annual accounts of Hydro-Create Inter?
- Hydro-Create Inter filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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