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HYDRO PULS SYSTEMS

Active
Private limited companyfounded 1989active for 37 yearsKoning Albert I Laan 64, 1780 Wemmel, BelgiumKBO/BCE: BE 0438.546.601
Summary

The computed 12-month bankruptcy probability of HYDRO PULS SYSTEMS is 3.2% (moderate). The annual accounts of HYDRO PULS SYSTEMS for financial year 2024 show a net loss of 56% of the equity at the start of that year. The 2024 annual accounts show equity of €125,181 and a net result of -€162,195. Equity is shrinking by about 14% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 26% of 9,985 sector peers (NACE 41, financial year 2024). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
#7 oldest company in Wemmel, Construction sector1 site
Size
€679,087total assets 2024
Equity
€125,181
Loss
-€162,195
Turnover not published (micro format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.2%
Structure
Accounts 102 days overdue1 of 14 deeds read
Why 49raises riskFigures for financial year 2024 (filed 06-06-2025)Liquidity: current ratio 0.29, cash €842Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €679,087Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Weak
Solvency 43-20
equity 18.4% of total assets
Liquidity 44-6
short-term debt 20.4% · cash 0.1%
Profitability 0=
return on assets -23.9%
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,385 companies, NACE 41, micro)
Last 24 months 11-2024: 1.0%lowest value 12-2024: 1.0%● unchanged vs 11-2024lowest value 01-2025: 1.0%● unchanged vs 12-2024lowest value 02-2025: 1.0%● unchanged vs 01-2025lowest value 03-2025: 1.1%▲ +0.1 percentage points vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.0%▼ -0.1 percentage points vs 04-2025 06-2025: 1.2%▲ +0.2 percentage points vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.6%▲ +0.4 percentage points vs 05-2026 07-2026: 2.1%▲ +0.5 percentage points vs 06-2026 08-2026: 2.3%▲ +0.2 percentage points vs 07-2026 09-2026: 3.0%▲ +0.7 percentage points vs 08-2026 10-2026: 3.2%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €6,000 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 insufficient (current ratio 0.29, compared with 0.54 in 2023; short-term debt: 20.4% and cash: 0.1% of total assets), and 81.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 25% on solvency, 41% on liquidity, 5% on profitability and 10% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 06-06-2025)
NBB · annual accounts
lowers risk · Size: total assets €679,087
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.29, cash €842
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€162,195
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 04-06-2025, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
26 days early
2023
18 days early
2022
31 days early
2021
22 days early
2020
on the day
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. NameName change · Amendment of…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2024 -€162,195 View
  • Risk: Accounts not fileddeadline was 30-06-2026 102 days late View
  • Caution: Among the weakest 5% on net resultsector median €7,814 · 9,974 companies -€162,195 View
  • Caution: Equity fell in 2024from €287,375 to €125,181 ▼ 56.4% View

By topic

Financials

Financial year
2024
Total assets
€679,087
Loss
-€162,195
Solvency
18.4%
Total assets▼ 11.3%
Net result
20182024
Go to Financials

Timeline

Events
37
Since
1991
  1. 30-11-2023Weakest financial year
  2. 30-05-2023Annual accounts filed
  3. 08-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
04-10-1989
Year ends
30-11
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Het kopen, verkopen, ruilen, huren, onderverhuren, valoriseren, verbouwen, verkavelen en…
Go to Articles of association

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