HydroE
ActiveSummary
HydroE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-61. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-1
Solvency42▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.03 against 1.14 in 2024; short-term debt: 25.3% and cash: 0.9% of total assets), but 82.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.4%
Return on assets
-0.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 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 d early
2024
16 d early
2023
21 d early
2022
62 d early
2021
31 d early
2020
61 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 0.7%
2024 · €9k
Total assets
€51k▼ 34.3%
2024 · €78k
Net result
€-61
2024 · €662
Working capital
€13k▲ 146%
2024 · €5k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4k€748▼ 80.3%€2k▲ 112%€2k▲ 28.9%€1k▼ 48.9%
Net result€3k€969▼ 64.5%€1k▲ 22.3%€662▼ 44.1%€-61
Equity€6k▲ 78.4%€7k▲ 15.6%€8k▲ 16.5%€9k▲ 7.9%€9k▼ 0.7%
Total assets€26k▲ 374%€10k▼ 61.9%€30k▲ 201%€78k▲ 165%€51k▼ 34.3%
Debt€20k▲ 897%€3k▼ 86.5%€21k▲ 698%€69k▲ 226%€42k▼ 38.7%
Working capital€4k▲ 211%€5k▲ 33.7%€7k▲ 29.9%€5k▼ 23.2%€13k▲ 146%
Staff (FTE)0.8
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€25k ▼ 24.3%
Current assets
€26k ▼ 41.6%
Equity and liabilities €51k
Equity
€9k ▼ 0.7%
Debt
€42k ▼ 38.7%
Debt's share of the balance-sheet total falls from 88.5% to 82.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €9k
Cash flow
€8k▲
2024 · €7k
Current ratio
2.03▲
2024 · 1.14
Quick ratio
1.88▲
2024 · 1.14
Debt to equity
4.74▼
2024 · 7.67
ROE
-0.7%▼
2024 · 7.3%
ROA
-0.1%▼
2024 · 0.8%
Interest coverage
9.80▲
2024 · 8.42
Debt ≤ 1 year
€13k▼
2024 · €40k
Debt > 1 year
€29k=
2024 · €29k
Income taxes
€179▼
2024 · €360
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €24k | €683 | €62 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €450 | €450 | €450 | €7k | €8k | ▲ 22.3% |
| Other operating charges640/8 | €348 | €348 | €388 | €556 | €501 | ▼ 10.0% |
| Gross operating margin9900 | €28k | €2k | €2k | €9k | €10k | ▲ 4.4% |
| Operating profit (loss)9901 | €4k | €748 | €2k | €2k | €1k | ▼ 48.9% |
| Financial income75/76B | €62 | €773 | - | - | - | - |
| Recurring financial income75 | €62 | €773 | - | - | - | - |
| Financial charges65/66B | €460 | €199 | €80 | €1k | €926 | ▼ 9.4% |
| Recurring financial charges65 | €460 | €199 | €80 | €1k | €926 | ▼ 9.4% |
| Profit (loss) for the period before taxes9903 | €3k | €1k | €2k | €1k | €118 | ▼ 88.5% |
| Income taxes67/77 | €677 | €353 | €322 | €360 | €179 | ▼ 50.3% |
| Profit (loss) for the period9904 | €3k | €969 | €1k | €662 | €-61 | ▼ 109% |
| Profit (loss) for the period to be appropriated9905 | €3k | €969 | €1k | €662 | €-61 | ▼ 109% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26k | €10k | €30k | €78k | €51k | ▼ 34.3% |
| Formation expenses20 | - | - | €0 | - | - | - |
| Fixed assets21/28 | €2k | €2k | €1k | €33k | €25k | ▼ 24.3% |
| Tangible fixed assets22/27 | €2k | €1k | €812 | €33k | €25k | ▼ 24.6% |
| Plant, machinery and equipment23 | €2k | €1k | €812 | €2k | €1k | ▼ 38.8% |
| Furniture and vehicles24 | - | - | - | €31k | €23k | ▼ 23.8% |
| Financial fixed assets28 | €402 | €442 | €442 | €442 | €442 | = |
| Current assets29/58 | €24k | €8k | €28k | €45k | €26k | ▼ 41.6% |
| Stocks and contracts in progress3 | - | - | €3k | €0 | €2k | - |
| Stocks30/36 | - | - | €3k | €0 | €2k | - |
| Amounts receivable within one year40/41 | €23k | €495 | €24k | €44k | €24k | ▼ 46.2% |
| Trade receivables40 | €23k | - | €23k | €41k | €22k | ▼ 44.9% |
| Other amounts receivable41 | - | €495 | €1k | €4k | €2k | ▼ 59.7% |
| Cash at bank and in hand54/58 | €456 | €7k | €421 | €298 | €459 | ▲ 54.1% |
| Deferred charges and accrued income490/1 | - | €824 | €930 | €518 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26k | €10k | €30k | €78k | €51k | ▼ 34.3% |
| Equity10/15 | €6k | €7k | €8k | €9k | €9k | ▼ 0.7% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €114 | €159 | €259 | €259 | €259 | = |
| Non-distributable reserves130/1 | €114 | €159 | €259 | €0 | - | - |
| Reserves not available under the articles1311 | €114 | €159 | €259 | €0 | - | - |
| Distributable reserves133 | - | - | - | €259 | €259 | = |
| Profit (loss) carried forward14 | €-107 | €817 | €2k | €3k | €3k | ▼ 2.4% |
| Amounts payable17/49 | €20k | €3k | €21k | €69k | €42k | ▼ 38.7% |
| Amounts payable after more than one year17 | - | - | - | €29k | €29k | = |
| Financial debts170/4 | - | - | - | €29k | €29k | = |
| Amounts payable within one year42/48 | €20k | €3k | €21k | €40k | €13k | ▼ 67.4% |
| Trade debts44 | €533 | €1k | €2k | €1k | €3k | ▲ 110% |
| Suppliers440/4 | €533 | €1k | €2k | €1k | €3k | ▲ 110% |
| Advances received on contracts in progress46 | - | - | €16k | €0 | - | - |
| Taxes, remuneration and social security45 | €4k | €1k | €2k | €2k | €539 | ▼ 75.2% |
| Taxes450/3 | €4k | €1k | €674 | €754 | €539 | ▼ 28.5% |
| Remuneration and social security454/9 | - | - | €1k | €1k | - | - |
| Other amounts payable47/48 | €15k | €236 | €1k | €36k | €10k | ▼ 73.8% |
| Accrued charges and deferred income492/3 | - | - | - | €656 | €656 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €969 | €1k | €662 | €-61 | ▼ 109% |
| + Depreciation and write-downs630 | €450 | €450 | €450 | €7k | €8k | ▲ 22.3% |
| Operating cash flow (approximation) | €3k | €1k | €2k | €7k | €8k | ▲ 10.2% |
| Investment in fixed assets (approximation) | - | €-40 | €0 | €-38k | €0 | ▲ 100% |
| Change in cash | - | €6k | €-6k | €-123 | €161 | ▲ 231% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 3.06
Current ratio from 1.21 to 3.06; short-term debt falls from €20k to €3k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €70
Net result €70 after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Namur · 1 establishment unit since 2014
Ground area
1,376 m²
Building footprint
183 m²
Volume, LiDAR
1,128 m³
2 parcels, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HydroE
since 20142.316.813.821
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92128B0124/00W000 | Wallonia | 1,144 m² | 1 · 120 m² | 6.5 m · 2 fl. |
| 63035A0520/00F000 | Wallonia | 233 m² | 1 · 63 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 5,214 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.