Summary
HYDROGEST has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €917k and a net result of €209k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 54% of 399 sector peers (fiscal year 2026). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 01-01-2026 was due by 01-08-2026 and was filed on 13-08-2026, 12 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 · 4 filingsDeviation from the deadline
2026
12 d late
2025
25 d late
2024
22 d late
2023
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 01-01-2027 and is due by 01-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today01-01-2027 close01-08-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€917k▲ 23.2%
2025 · €745k
2023: €348klowest in 4 years
2024: €547k▲ +57.4% vs 2023
2025: €745k▲ +36.1% vs 2024
2026: €917k▲ +23.2% vs 2025highest in 4 years
2023 → 2026
Total assets
€1.30M▲ 5.9%
2025 · €1.23M
2023: €1.03Mlowest in 4 years
2024: €1.13M▲ +9.3% vs 2023
2025: €1.23M▲ +9.0% vs 2024
2026: €1.30M▲ +5.9% vs 2025highest in 4 years
2023 → 2026
Net result
€209k▲ 5.8%
2025 · €198k
2023: €148klowest in 4 years
2024: €200k▲ +35.2% vs 2023
2025: €198k▼ -1.0% vs 2024
2026: €209k▲ +5.8% vs 2025highest in 4 years
2023 → 2026
Working capital
€121k▲ 105%
2025 · €59k
2023: €-139klowest in 4 years
2024: €-39k▲ +72.3% vs 2023
2025: €59k▲ +253% vs 2024
2026: €121k▲ +105% vs 2025highest in 4 years
2023 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2023202420252026Trend
Equity€348k-€547k▲ 57.4%€745k▲ 36.1%€917k▲ 23.2%
2023: €348klowest in 4 years
2024: €547k▲ +57.4% vs 2023
2025: €745k▲ +36.1% vs 2024
2026: €917k▲ +23.2% vs 2025highest in 4 years
Operating result€82k-€151k▲ 83.8%€133k▼ 11.9%€145k▲ 8.8%
2023: €82klowest in 4 years
2024: €151k▲ +83.8% vs 2023highest in 4 years
2025: €133k▼ -11.9% vs 2024
2026: €145k▲ +8.8% vs 2025
Net result€148k-€200k▲ 35.2%€198k▼ 1.0%€209k▲ 5.8%
2023: €148klowest in 4 years
2024: €200k▲ +35.2% vs 2023
2025: €198k▼ -1.0% vs 2024
2026: €209k▲ +5.8% vs 2025highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 9% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.30M
Fixed assets
€1.01M ▲ 1.0%
Current assets
€289k ▲ 27.5%
Equity and liabilities €1.30M
Equity
€917k ▲ 23.2%
Debt
€381k ▼ 20.8%
Debt's share of the balance-sheet total falls from 39.3% to 29.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
22.8%▼
2025 · 26.5%
ROA
16.1%▼
2025 · 16.1%
Debt ≤ 1 year
€168k▲
2025 · €167k
Debt > 1 year
€213k▼
2025 · €314k
Income taxes
€33k▲
2025 · €30k
Staff costs
€45k▼
2025 · €118k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 48 lines
Balance sheet
Code20252026
Assets
Total assets20/58€1.23M€1.30M▲
Fixed assets21/28€1.00M€1.01M▲
Tangible fixed assets22/27-€10k
Furniture and vehicles24-€10k
Financial fixed assets28€1.00M€1.00M=
Current assets29/58€227k€289k▲
Amounts receivable within one year40/41€10k€8k▼
Trade receivables40-€620
Other amounts receivable41€10k€7k▼
Cash at bank and in hand54/58€217k€280k▲
Deferred charges and accrued income490/1€239€938▲
Equity and liabilities
Total equity and liabilities10/49€1.23M€1.30M▲
Equity10/15€745k€917k▲
Contributions10/11€200k€200k=
Reserves13€545k€717k▲
Distributable reserves133€545k€717k▲
Amounts payable17/49€482k€381k▼
Amounts payable after more than one year17€314k€213k▼
Financial debts170/4€314k€213k▼
Amounts payable within one year42/48€167k€168k▲
Current portion of amounts payable after more than one year42-€101k
Financial debts43€100k-
Credit institutions430/8€100k-
Trade debts44€15k€3k▼
Suppliers440/4€15k€3k▼
Taxes, remuneration and social security45€50k€32k▼
Taxes450/3€18k€21k▲
Remuneration and social security454/9€32k€11k▼
Other amounts payable47/48€2k€32k▲
Accrued charges and deferred income492/3-€15
Income statement
Code20252026
Remuneration, social security and pensions62€118k€45k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€494€1k▲
Gross operating margin9900€251k€193k▼
Operating profit (loss)9901€133k€145k▲
Financial income75/76B€100k€101k▲
Recurring financial income75€100k€101k▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€228k€242k▲
Income taxes67/77€30k€33k▲
Profit (loss) for the period9904€198k€209k▲
Profit (loss) for the period to be appropriated9905€198k€209k▲
Appropriation of the result
Profit (loss) to be appropriated9906€198k€209k▲
Transfer to equity691/2€198k€172k▼
To other reserves6921€198k€172k▼
Profit to be distributed694/7-€37k
Return on contributions (dividend)694-€37k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €100k | €96k | €118k | €45k | ▼ 62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €2k | - |
| Other operating charges640/8 | €807 | €473 | €494 | €1k | ▲ 160% |
| Gross operating margin9900 | €183k | €248k | €251k | €193k | ▼ 23.2% |
| Operating profit (loss)9901 | €82k | €151k | €133k | €145k | ▲ 8.8% |
| Financial income75/76B | €100k | €125k | €100k | €101k | ▲ 1.4% |
| Recurring financial income75 | €100k | €125k | €100k | €101k | ▲ 1.4% |
| Financial charges65/66B | €18k | €6k | €5k | €5k | ▼ 15.6% |
| Recurring financial charges65 | €18k | €6k | €5k | €5k | ▼ 15.6% |
| Profit (loss) for the period before taxes9903 | €164k | €270k | €228k | €242k | ▲ 6.2% |
| Income taxes67/77 | €17k | €71k | €30k | €33k | ▲ 8.4% |
| Profit (loss) for the period9904 | €148k | €200k | €198k | €209k | ▲ 5.8% |
| Profit (loss) for the period to be appropriated9905 | €148k | €200k | €198k | €209k | ▲ 5.8% |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.03M | €1.13M | €1.23M | €1.30M | ▲ 5.9% |
| Fixed assets21/28 | €1.00M | €1.00M | €1.00M | €1.01M | ▲ 1.0% |
| Tangible fixed assets22/27 | - | - | - | €10k | - |
| Furniture and vehicles24 | - | - | - | €10k | - |
| Financial fixed assets28 | €1.00M | €1.00M | €1.00M | €1.00M | = |
| Current assets29/58 | €30k | €126k | €227k | €289k | ▲ 27.5% |
| Amounts receivable within one year40/41 | €46 | €5k | €10k | €8k | ▼ 19.5% |
| Trade receivables40 | - | - | - | €620 | - |
| Other amounts receivable41 | €46 | €5k | €10k | €7k | ▼ 25.9% |
| Cash at bank and in hand54/58 | €30k | €120k | €217k | €280k | ▲ 29.3% |
| Deferred charges and accrued income490/1 | - | - | €239 | €938 | ▲ 292% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.03M | €1.13M | €1.23M | €1.30M | ▲ 5.9% |
| Equity10/15 | €348k | €547k | €745k | €917k | ▲ 23.2% |
| Contributions10/11 | €200k | €200k | €200k | €200k | = |
| Reserves13 | €148k | €347k | €545k | €717k | ▲ 31.7% |
| Distributable reserves133 | €148k | €347k | €545k | €717k | ▲ 31.7% |
| Amounts payable17/49 | €682k | €579k | €482k | €381k | ▼ 20.8% |
| Amounts payable after more than one year17 | €513k | €414k | €314k | €213k | ▼ 32.1% |
| Financial debts170/4 | €513k | €414k | €314k | €213k | ▼ 32.1% |
| Amounts payable within one year42/48 | €169k | €164k | €167k | €168k | ▲ 0.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €101k | - |
| Financial debts43 | €98k | €99k | €100k | - | - |
| Credit institutions430/8 | €98k | €99k | €100k | - | - |
| Trade debts44 | €7k | €17k | €15k | €3k | ▼ 82.9% |
| Suppliers440/4 | €7k | €17k | €15k | €3k | ▼ 82.9% |
| Taxes, remuneration and social security45 | €42k | €47k | €50k | €32k | ▼ 35.9% |
| Taxes450/3 | €23k | €23k | €18k | €21k | ▲ 16.2% |
| Remuneration and social security454/9 | €19k | €24k | €32k | €11k | ▼ 65.5% |
| Other amounts payable47/48 | €22k | €2k | €2k | €32k | ▲ 1,432% |
| Accrued charges and deferred income492/3 | - | - | - | €15 | - |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €148k | €200k | €198k | €209k | ▲ 5.8% |
| + Depreciation and write-downs630 | - | - | - | €2k | - |
| Operating cash flow (approximation) | €148k | €200k | €198k | €211k | ▲ 6.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-12k | - |
| Change in cash | - | €91k | €96k | €63k | ▼ 34.0% |
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 2027, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema · 12 days late
01-01
Financial
Highest result since 2023net €209k ▲5.8%
Net result €209k, the highest in the series.
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
01-01
Financial
Equity above €500kEq €547k ▲57.4%
2 profitable years in a row build equity to €547k.
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Wavre · 1 establishment unit since 2021
Ground area
2,500 m²
Building footprint
1,146 m²
Volume, LiDAR
6,974 m³
Parcel 25006A0145/00K002, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
HYDROGEST
since 20212.329.737.585
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006A0145/00K002 | Wallonia | 2,500 m² | 1 · 1,146 m² | 6.9 m · 2 fl. |
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.
Similar companies · same sector, comparable size
SERVICESHOP M&O
BE 0898.311.951
Houthalen-Helchteren · Eq €917,181
SymBio
BE 0462.357.428
Raeren · Eq €917,432
DB Invest
BE 0863.919.216
Erpe-Mere · Eq €917,518
IJC CONSULT
BE 0863.488.555
Pont-à-Celles · Eq €917,556
WOOON
BE 0883.301.596
Wellen · Eq €916,848
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 28,800 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
Founded23-12-2021
Fiscal year end01-01
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.