Hydro Global Solution
The computed 12-month bankruptcy probability of Hydro Global Solution is 2.0% (moderate). The 2024 annual accounts show equity of €284k and a net result of €94k. Equity is growing by ~54% per year across the filed fiscal years. Its solvency ranks better than 21% of 658 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €284k |
| Net result | €94k |
| Better than sector | 21% |
| Active | 5 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 17.3% | 43.2% | |
| Net result | €94k | €14k | |
| Equity | €284k | €39k | |
| Gross operating margin | €187k | €34k | |
| Total assets | €1.64M | €94k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €187k |
| Net profit | €94k |
| Cash flow | €130k |
| Staff costs | - |
| Income taxes | €31k |
| Dividends | - |
| Total assets | €1.64M |
| Equity | €284k |
| Debt | €1.36M |
| of which ≤ 1y | €1.36M |
| of which > 1y | - |
| Working capital | €-25k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.98 |
| Quick ratio | 0.98 |
| Working capital ratio | -1.5% |
| Solvency | 17.3% |
| Debt / equity | 4.78 |
| Long-term debt ratio | - |
| Interest coverage | 6.03 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.8% |
| ROE | 33.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.64M |
| Fixed assets | 21/28 | €309k |
| Tangible fixed assets | 22/27 | €309k |
| Current assets | 29/58 | €1.33M |
| Amounts receivable within one year | 40/41 | €592k |
| Cash & bank | 54/58 | €741k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.64M |
| Equity | 10/15 | €284k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €184k |
| Amounts payable | 17/49 | €1.36M |
| Amounts payable within one year | 42/48 | €1.36M |
| Trade debts payable within one year | 44 | €90k |
| Income statement | ||
| Gross operating margin | 9900 | €187k |
| Operating result | 9901 | €151k |
| Financial income | 75 | €6k |
| Financial charges | 65 | €31k |
| Result before taxes | 9903 | €126k |
| Income taxes | 67/77 | €31k |
| Net result for the period | 9904 | €94k |
| Result to be appropriated | 9905 | €94k |
Former directors (2)
-
Former- → 15-07-2026
-
Former- → 15-07-2026
| NACE primary | Installatie van industriële machines, toestellen en werktuigen(33200) |
| Legal form | Private limited company(610) |
| Incorporation | 24-06-2021 |
| Status | Active |
| Postal code | 2440 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373A0474/00Z000 | Flanders | 3,530 m² | 1 · 1,399 m² | 16.2 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
14-08-2026 Board meeting · General meeting · Officer appointment · Permanent representative
- Publication: 14/08/2026 · Hydro Global Solution
- Filing: 05/08/2026 · Hydro Global Solution
- Board meeting: 15/07/2026 · Hydro Global Solution
- General meeting: 15/07/2026 · Hydro Global Solution
- Officer appointment: role: dagelijks bestuurder, start_date: 2026-07-15 · Ward De Wachter BV
- Permanent representative · Ward De Wachter
- Filing representative: scope: publiceren in de bijlagen van het Belgisch Staatsblad · Jonas De Smet
- Filing representative: scope: publiceren in de bijlagen van het Belgisch Staatsblad · Cedric Ballière
- Officer resignation: date: 2026-07-15, role: bestuurder · Tony Borgmans
- Officer resignation: date: 2026-07-15, role: bestuurder · Algimo NV
- Permanent representative · Alain Bostoen
- Officer resignation: date: 2026-07-15, role: bestuurder · Christeyns NV
- Permanent representative · Francky De Meulemeester
- Officer resignation: date: 2026-07-15, role: bestuurder · Ward De Wachter
- Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-07-15 · Ward De Wachter BV
- Permanent representative · Ward De Wachter
- Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-07-15 · QUATORZE JUILLET
- Permanent representative · Alain Bostoen
- Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-07-15 · Christeyns NV
- Permanent representative · WITTOUCK Jozef
- Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-07-15 · Algimo NV
- Permanent representative · BOSTOEN Hector
- Filing representative · Jonas De Smet
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}| Legal nameNL | Hydro Global Solution |