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HYDRO EXTRUSION LICHTERVELDE

Active
Public limited companyfounded 1997active for 29 yearsKortemarkstraat 52, 8810 Lichtervelde, BelgiumKBO/BCE: BE 0460.274.304

From the official registers: KBO 30 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HYDRO EXTRUSION LICHTERVELDE has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30.5m and a net result of -€6.5m. Equity has been growing by about 4.3% per year since 2018. Its solvency ranks better than 48% of 145 sector peers (NACE 24, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

KBO
Status
Active since 24-03-1997 Normal situation
Activity
Manufacture of basic metals NACE 24420
Establishment units
2.143.015.654 8810 Lichtervelde, since 25-03-1997
2.081.073.038 7011 Mons, since 27-03-1997
Financial year end
31 December
Peppol
Reachable since 27-11-2025

Board and ownership

Board
Auditor
KPMG Bedrijfsrevisoren BV
Shareholders

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Turnover
€198.7m
▲ 3.8%
Loss
€6.5m
▲ 555%
Equity
€30.5m
▼ 17.5%
Total assets
€72.9m
▼ 16.6%
Staff
209.9 FTE
▼ 2.8%
Filed on 19-06-2026, 42 days before the deadlineat the National Bank
Score breakdownraises riskLoss of €6.5m, the second in a row (financial year 2025)Liquidity: current ratio 1.34Sector: Manufacture of basic metals (NACE 24)lowers riskSize: turnover €198.7m, 209.9 FTE, total assets €72.9mShow the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 43% of medium-sized companies in basic metals (NACE 24)
Financial strength · tick: 2024
Weak
Solvency 67=
equity 41.8% of total assets
Liquidity 40-1
short-term debt 57.8%
Profitability 9-44
return on assets -8.9%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (47 companies, NACE 24, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.3 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.3%▼ -0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.9%▼ -0.1 percentage points vs 09-2026
Credit of up to €2,000,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (1.49 in 2024), below the usual 1.5. Short-term debt is 57.8% of total assets. 58.2% of the assets are financed with debt and provisions.
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 24, medium-sized). It does better than 49% of them on solvency, 58% on liquidity, 18% on profitability and 46% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €6.5m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.34
NBB · annual accounts
raises risk · Sector: Manufacture of basic metals (NACE 24)
KBO
lowers risk · Size: turnover €198.7m, 209.9 FTE, total assets €72.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6.5m
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
65 days early
2023
63 days early
2022
68 days early
2021
59 days early
2020
74 days early
2019
58 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 61 days before the deadline. In the sector (NACE 24), the median for financial year 2024 was 15 days before the deadline, and 29% 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 30 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from -€990,554 to -€6.5m ▼ 555% View
  • Caution: Lower net result than 90% of companies in basic metalssector median €88,775 · 146 companies -€6.5m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€6.5m View
  • Flemish supportawarded from 2022 to 2025 €860,606 View
  • A director leftlatest change 14-11-2025 · 2 in office 1 left View

Comparable companies

These companies have the same main activity as HYDRO EXTRUSION LICHTERVELDE: manufacture of basic metals (NACE 24420). They are comparable in size and age: total assets between €19m and €346m, founded between 1981 and 2014.

CompanyTotal assetsTurnover
HYDRO EXTRUSION LICHTERVELDE Lichtervelde€72.9m€198.7m
LAMIFIL Hemiksem€97.2m€171.8m
E - MAX ALUMINIUM PROFIELEN Dilsen-Stokkem€57.9m€100.0m
Aliplast Aluminium Extrusion Lokeren€346.1m€64.9m
AMI METALS EUROPE Charleroi€37.4m€55.6m
SANKYO TATEYAMA EUROPE Duffel€21.6m€50.0m
E-MAX Profiles Moorsele Wevelgem€18.7m€35.5m
Full comparison

Documents

Annual accounts at the NBB

All 30 annual accounts

Articles and registers

Key facts about HYDRO EXTRUSION LICHTERVELDE

What is the company number of HYDRO EXTRUSION LICHTERVELDE?
The company number of HYDRO EXTRUSION LICHTERVELDE is 0460.274.304. The VAT number is the same number with BE in front: BE 0460.274.304.
Where is HYDRO EXTRUSION LICHTERVELDE based?
The registered office is at Kortemarkstraat 52, 8810 Lichtervelde.Company details
What does HYDRO EXTRUSION LICHTERVELDE do?
According to the KBO register, the main activity is manufacture of basic metals (NACE 24420).
What is the legal form of HYDRO EXTRUSION LICHTERVELDE?
The legal form of HYDRO EXTRUSION LICHTERVELDE is Public limited company (NV).
When was HYDRO EXTRUSION LICHTERVELDE founded?
HYDRO EXTRUSION LICHTERVELDE was founded on 24-03-1997.
Is HYDRO EXTRUSION LICHTERVELDE still active?
Yes, HYDRO EXTRUSION LICHTERVELDE is an active enterprise in the KBO register.
How many employees does HYDRO EXTRUSION LICHTERVELDE have?
HYDRO EXTRUSION LICHTERVELDE had an average of 209.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HYDRO EXTRUSION LICHTERVELDE?
The turnover of HYDRO EXTRUSION LICHTERVELDE was €198.7m in financial year 2025, according to the filed annual accounts.
Is HYDRO EXTRUSION LICHTERVELDE profitable?
In financial year 2025, HYDRO EXTRUSION LICHTERVELDE made a loss of €6.5m.
Where can I find the annual accounts of HYDRO EXTRUSION LICHTERVELDE?
HYDRO EXTRUSION LICHTERVELDE filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of HYDRO EXTRUSION LICHTERVELDE due?
HYDRO EXTRUSION LICHTERVELDE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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