Debts
€42,438 83% of the balance sheet
Financial debts 68%Suppliers 7%Taxes and wages 1%Other 24%
Of this, €12,982 falls due within a year.
HydroE
Lifetime
11 annual accounts with figures on one time axispeak €28,429 (2021)
€9,573▲ 4.4%
lowest -€2,202 (2020)
-€61▼ €723
peak €9,023 (2024)
€8,962▼ 0.7%
€42,438▼ 38.7%
Board2 names since 2014
1 directorLACROIX Bernard
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Loss of €61Debts from €69,244 to €42,438Cash from €298 to €459
Key points
from the 2025 annual accountsChecked score
68
Healthy
Financially stronger than 29% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.7%▼ -0.1 percentage points vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.7%▼ -0.1 percentage points vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.9%● unchanged vs 08-2025highest value
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.7%▼ -0.2 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026lowest value
09-2026: 0.7%● unchanged vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 2.03, cash €459
Equity €8,962 (17.4% of total assets)
lowers risk
Founded in 2014
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 43, micro). It does better than 19% of them on solvency, 31% on liquidity, 34% on profitability and 33% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,166 companies had the same profile as HydroE has now. Each dot stands for 6 companies, two years later.
94.2%
were still trading
3.0%
stopped another way
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HydroE itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,166 companies, not a prediction for HydroE. 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
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.03 (1.14 in 2024), above the usual 1.5. Short-term debt is 25.3% and cash 0.9% of total assets. However, 82.6% of the assets are financed with debt and provisions.
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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 · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 20%
← weakest
strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
16 days early
2023
21 days early
2022
62 days early
2021
31 days early
2020
61 days early
2019
45 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 37 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 6 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0555761005
Reappointment: LACROIX Bernard (director)
“La création, le développement, l'acquisition, la vente, la vente par abonnement, la location, la prise à bail…” (deed in French) · Director discharge: LACROIX Bernard · General meeting of 26-12-2023 · Gazette deed
Registered office moved from Herve to Vedrin
New registered office: Rue Fernand Stimart 7 à 5020 Vedrin · Previous registered office: Rue Haute 58-4650 Herve · General meeting of 23-09-2021 · Gazette deed
Registered office moved from Thimister-Clermont to Herve
New registered office: Rue Haute 58 à 4650 Herve · Previous registered office: Chaussée Charlemagne 27-4890 Thimister-Clermont · Resignation: Lacroix Antoine (director) · General meeting of 29-05-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HydroE Namur | €51,399 | €9,573 | 17.4% | - |
| BRICO SOLUTION La Bruyère | €57,578 | €10,727 | 85.2% | - |
| Philippe GREVESSE Havelange | €45,963 | €10,867 | 40.0% | - |
| TECH SECURITE Nandrin | €59,413 | €9,915 | 70.6% | - |
| SECURI-COM Heist-op-den-Berg | €50,785 | €10,257 | 89.2% | - |
| EVRD Aywaille | €54,357 | €9,909 | 62.4% | - |
| J-Tech services Floreffe | €64,937 | €10,580 | 44.6% | - |
These companies have the same main activity as HydroE: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €46,000 and €64,900, founded between 2011 and 2017.
Official details
Source: KBO- Status
- Active since 08-07-2014Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.316.813.8214650 Herve, since 25-06-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 03-03-2026
Annual accounts 2025
- ≈ €79,000estimated
- €51,399▼ 34.3%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on HydroE
HydroE files the micro format. That format states no turnover. The gross margin rose from €4,726 in 2015 to €9,573 in 2025.
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 HydroE
- What is the company number of HydroE?
- The company number of HydroE is 0555.761.005. The VAT number is the same number with BE in front: BE 0555.761.005.
- Where is HydroE based?
- The registered office is at Rue Fernand Stimart 7, 5020 Namur.Company details
- What does HydroE do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of HydroE?
- HydroE is a private limited company (BV).
- When was HydroE founded?
- HydroE was founded on 08-07-2014.
- Is HydroE still active?
- Yes, HydroE is an active enterprise in the KBO register.
- How many employees does HydroE have?
- HydroE had an average of 0.8 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of HydroE?
- The turnover in financial year 2025 is ≈ €79,000. This figure is estimated from the gross margin of €9,573 and 97 comparable companies (NACE 43211). It probably lies between €52,000 and €170,000. It is a rough estimate.
- Is HydroE profitable?
- In financial year 2025, HydroE made a loss of €61.
- Where can I find the annual accounts of HydroE?
- HydroE filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HydroE due?
- HydroE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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