HYDRO GROUP

Active

Public limited companyfounded 199035 yrs activeChemin des Garmilles 19, 1380 Lasne, BelgiumKBO/BCE: BE 0442.001.581

Summary

HYDRO GROUP has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €800,382 and a net result of €21. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 8160 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysis Watch Report Compare

HYDRO GROUPActiveChecked score 88/100

Risk analysis Report Compare

Checked score

Score 2025

88 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability69▲+30

Solvency100=

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €70,000 at 30 days acceptable

Liquidity ample (current ratio 7.48 against 8.37 in 2024; short-term debt: 5.8% and cash: 25% of total assets), and 5.8% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

94.2%

Return on assets

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Wholesale trade (NACE 46)

about 21% more bankruptcies

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

31 d late

2024

31 d late

2023

30 d late

2022

30 d late

2021

31 d late

2020

18 d late

2019

63 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

28-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

HYDRO GROUP was incorporated on 20 November 1990.¹ Total assets rose from EUR 591,193 in 2018 to EUR 849,748 in 2025.²

Go further with this company

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity

€800,382▼ 3.4%

2024 · €828,932

Total assets

€849,748▼ 2.9%

2024 · €875,572

Net result

€21▼ 100.0%

2024 · €138,958

Working capital

€319,969▼ 6.9%

2024 · €343,804

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Operating result-€2,261-€7,063▼ 212%-€13,470▼ 90.7%-€16,105▼ 19.6%-€1,818▲ 88.7%

Net result-€2,310€92,200-€13,261€138,958€21▼ 100.0%

Equity€696,749▼ 4.2%€760,378▲ 9.1%€718,546▼ 5.5%€828,932▲ 15.4%€800,382▼ 3.4%

Total assets€742,006▼ 5.3%€814,317▲ 9.7%€763,339▼ 6.3%€875,572▲ 14.7%€849,748▼ 2.9%

Debt€45,256▼ 19.6%€53,939▲ 19.2%€44,793▼ 17.0%€46,640▲ 4.1%€49,366▲ 5.8%

Working capital€295,893▼ 36.4%€277,680▼ 6.2%€238,799▼ 14.0%€343,804▲ 44.0%€319,969▼ 6.9%

Solvency93.9%▲ 1.1pp93.4%▼ 0.5pp94.1%▲ 0.8pp94.7%▲ 0.5pp94.2%▼ 0.5pp

Current ratio7.54▼ 1.736.15▼ 1.396.33▲ 0.188.37▲ 2.047.48▼ 0.89

Return on assets (ROA)-0.3%▼ 9.3pp11.3%▲ 11.6pp-1.7%▼ 13.1pp15.9%▲ 17.6pp0.0%▼ 15.9pp

above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Why a figure moved sharply

2025 Net result -100% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €1,818 in 2025 against €16,105 in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €849,748

56.5%

43.5%

Fixed assets €480,413 ▼ 1.0%

Current assets €369,335 ▼ 5.4%

Equity and liabilities €849,748

94.2%

Equity €800,382 ▼ 3.4%

Debt €49,366 ▲ 5.8%

Debt's share of the balance-sheet total rises from 5.3% to 5.8%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€2,897▲

2024 · -€11,565

Cash flow

€4,736▼

2024 · €143,498

Debt to equity

0.06▲

2024 · 0.06

ROE

0.0%▼

2024 · 16.8%

Interest coverage

23.80▲

2024 · -226.76

Debt ≤ 1 year

€49,366▲

2024 · €46,640

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines

Balance sheet Code20242025

Assets

Total assets20/58€875,572€849,748▼

Fixed assets21/28€485,128€480,413▼

Intangible fixed assets21€9,741€5,026▼

Financial fixed assets28€475,387€475,387=

Current assets29/58€390,444€369,335▼

Amounts receivable within one year40/41€20,425€6,505▼

Other amounts receivable41€20,425€6,505▼

Current investments50/53€150,000€150,000=

Cash at bank and in hand54/58€220,019€212,830▼

Equity and liabilities

Total equity and liabilities10/49€875,572€849,748▼

Equity10/15€828,932€800,382▼

Contributions10/11€63,250€63,250=

Capital10€63,250€63,250=

Issued capital100€63,250€63,250=

Reserves13€156,325€156,325=

Non-distributable reserves130/1€156,325€156,325=

Legal reserve130€6,325€6,325=

Own shares acquired1312€150,000€150,000=

Profit (loss) carried forward14€609,357€580,807▼

Amounts payable17/49€46,640€49,366▲

Amounts payable within one year42/48€46,640€49,366▲

Trade debts44€3,128€5,855▲

Suppliers440/4€3,128€5,855▲

Taxes, remuneration and social security45€14,940€14,940=

Taxes450/3€14,940€14,940=

Other amounts payable47/48€28,571€28,571=

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,541€4,715▲

Other operating charges640/8€387€400▲

Gross operating margin9900-€11,177€3,297▲

Operating profit (loss)9901-€16,105-€1,818▲

Financial income75/76B€155,114€1,961▼

Recurring financial income75€155,114€1,961▼

Financial charges65/66B€51€122▲

Recurring financial charges65€51€122▲

Profit (loss) for the period before taxes9903€138,958€21▼

Profit (loss) for the period9904€138,958€21▼

Profit (loss) for the period to be appropriated9905€138,958€21▼

Appropriation of the result

Profit (loss) to be appropriated9906€637,928€609,378▼

Profit (loss) brought forward from the previous period14P€498,971€609,357▲

Profit to be distributed694/7€28,571€28,571=

Return on contributions (dividend)694€28,571€28,571=

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€358	€1,545	€2,952	€4,541	€4,715	▲ 3.8%
Other operating charges640/8	€868	€868	€384	€387	€400	▲ 3.2%
Gross operating margin9900	-€1,034	-€4,651	-€10,134	-€11,177	€3,297	▲ 129%
Operating profit (loss)9901	-€2,261	-€7,063	-€13,470	-€16,105	-€1,818	▲ 88.7%
Financial income75/76B	€1	€100,010	€366	€155,114	€1,961	▼ 98.7%
Recurring financial income75	€1	€100,010	€366	€155,114	€1,961	▼ 98.7%
Financial charges65/66B	€60	€62	€48	€51	€122	▲ 139%
Recurring financial charges65	€60	€62	€48	€51	€122	▲ 139%
Profit (loss) for the period before taxes9903	-€2,319	€92,885	-€13,151	€138,958	€21	▼ 100.0%
Income taxes67/77	-€10	€684	€110	-	-	-
Profit (loss) for the period9904	-€2,310	€92,200	-€13,261	€138,958	€21	▼ 100.0%
Profit (loss) for the period to be appropriated9905	-€2,310	€92,200	-€13,261	€138,958	€21	▼ 100.0%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€742,006	€814,317	€763,339	€875,572	€849,748	▼ 2.9%
Fixed assets21/28	€400,857	€482,698	€479,747	€485,128	€480,413	▼ 1.0%
Intangible fixed assets21	-	€7,311	€4,360	€9,741	€5,026	▼ 48.4%
Financial fixed assets28	€400,857	€475,387	€475,387	€475,387	€475,387	=
Current assets29/58	€341,149	€331,619	€283,592	€390,444	€369,335	▼ 5.4%
Amounts receivable within one year40/41	€50,090	€27,242	€17,786	€20,425	€6,505	▼ 68.2%
Trade receivables40	-	€12,142	-	-	-	-
Other amounts receivable41	€50,090	€15,100	€17,786	€20,425	€6,505	▼ 68.2%
Current investments50/53	€150,000	€150,000	€150,000	€150,000	€150,000	=
Cash at bank and in hand54/58	€141,059	€154,377	€115,806	€220,019	€212,830	▼ 3.3%
Equity and liabilities
Total equity and liabilities10/49	€742,006	€814,317	€763,339	€875,572	€849,748	▼ 2.9%
Equity10/15	€696,749	€760,378	€718,546	€828,932	€800,382	▼ 3.4%
Contributions10/11	€63,250	€63,250	€63,250	€63,250	€63,250	=
Capital10	€63,250	€63,250	€63,250	€63,250	€63,250	=
Issued capital100	€63,250	€63,250	€63,250	€63,250	€63,250	=
Reserves13	€156,325	€156,325	€156,325	€156,325	€156,325	=
Non-distributable reserves130/1	€156,325	€156,325	€156,325	€156,325	€156,325	=
Legal reserve130	€6,325	€6,325	€6,325	€6,325	€6,325	=
Own shares acquired1312	€150,000	€150,000	€150,000	€150,000	€150,000	=
Profit (loss) carried forward14	€477,174	€540,803	€498,971	€609,357	€580,807	▼ 4.7%
Amounts payable17/49	€45,256	€53,939	€44,793	€46,640	€49,366	▲ 5.8%
Amounts payable within one year42/48	€45,256	€53,939	€44,793	€46,640	€49,366	▲ 5.8%
Trade debts44	€463	€10,427	€1,282	€3,128	€5,855	▲ 87.1%
Suppliers440/4	€463	€10,427	€1,282	€3,128	€5,855	▲ 87.1%
Taxes, remuneration and social security45	€16,222	€14,940	€14,940	€14,940	€14,940	=
Taxes450/3	€16,222	€14,940	€14,940	€14,940	€14,940	=
Other amounts payable47/48	€28,571	€28,571	€28,571	€28,571	€28,571	=

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	-€2,310	€92,200	-€13,261	€138,958	€21	▼ 100.0%
+ Depreciation and write-downs630	€358	€1,545	€2,952	€4,541	€4,715	▲ 3.8%
Operating cash flow (approximation)	-€1,951	€93,745	-€10,310	€143,498	€4,736	▼ 96.7%
Investment in fixed assets (approximation)	-	-€83,386	€0	-€9,922	€0	▲ 100%
Change in cash	-	€13,318	-€38,571	€104,212	-€7,189	▼ 107%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 31 days late

2025

31-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 31 days late

2024

31-12

Financial Back to profitnet €138,958

Net result €138,958 after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Weakest financial yearnet -€13,261

Net result drops to -€13,261, the lowest in the series; recovery starts the following year.

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

31-12

Financial Back to profitnet €92,200

Net result €92,200 after one loss-making year.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

18-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 18 days late

2020

02-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 63 days late

2019

31-12

Financial Highest result since 2018net €152,457 ▲91%

Operating result €32,781, net result €152,457, both a record.

31-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 31 days late

2018

29-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 29 days late

2017

30-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 30 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 5 acts read

About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Lasne · 1 establishment unit since 2001

seat establishment The establishment unit on the map

Ground area

2,121 m²

Building footprint

248 m²

Parcel 25076G0004/00V005, Wallonia. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 establishment unit

Chemin des Garmilles 19, 1380 Lasne

NACE 4521402

since 20012.070.096.202

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25076G0004/00V005	Wallonia	2,121 m²	1 · 248 m²	-

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

3 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 3

Hydro Fluide SARLFRsubsidiary

Sourceown accounts 2025
Equity €524,825Result €27,953

99.97%
Hydro techno SARLFRsubsidiary

Sourceown accounts 2025
Equity €411,377Result €30,306

99.6%
KRONOA ENGINEERED SOLUTIONS SLES

Sourceown accounts 2025
Equity €267,745Result -€58,358

47%

According to the 2025 annual accounts of HYDRO GROUP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

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VALEO SERVICE BELGIQUE

Of 4,414 companies in sector 46180 we hold annual accounts for 1,892. 1,002 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPublic limited company

Founded20-11-1990

Fiscal year end31-12

Activities, NACEBEL 2025

46180Agents specialised in the wholesale of other particular products

E-invoicing

Reachable via Peppol

Peppol ID 0208:0442001581

Registered 30-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.