HYDROLIEGE
ActiveSummary
HYDROLIEGE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €431,166 and a net result of €160,330. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 574 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▲+18
Solvency56▲+9
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.06 in 2023; short-term debt: 65.2% and cash: 16.3% of total assets), and 69% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €431,166
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
40 d early
2022
55 d early
2021
34 d early
2020
32 d early
2019
29 d 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 36 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€160,330
2023 · -€41,425
Working capital
-€627,646▲ 23.5%
2023 · -€820,109
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, 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
Line20202021202220232024
Operating result€9,515▼ 82.7%-€23,579-€70,421▼ 199%-€25,328▲ 64.0%€173,064
Net result€1,163within the sector's middle half▼ 96.0%-€35,758below the sector's middle half-€80,346below the sector's middle half▼ 125%-€41,425below the sector's middle half▲ 48.4%€160,330above the sector's middle half
Equity€428,365within the sector's middle half▲ 0.3%€392,607within the sector's middle half▼ 8.3%€312,261within the sector's middle half▼ 20.5%€270,836within the sector's middle half▼ 13.3%€431,166within the sector's middle half▲ 59.2%
Total assets€1.3mwithin the sector's middle half▲ 2.9%€1.2mwithin the sector's middle half▼ 6.2%€1.3mwithin the sector's middle half▲ 11.6%€1.3mwithin the sector's middle half▼ 4.3%€1.4mwithin the sector's middle half▲ 10.3%
Debt€826,877▲ 4.3%€785,393▼ 5.0%€1.0m▲ 27.6%€987,718▼ 1.5%€957,492▼ 3.1%
Working capital-€271,665below the sector's middle half▼ 100%-€381,472below the sector's middle half▼ 40.4%-€703,174below the sector's middle half▼ 84.3%-€820,109below the sector's middle half▼ 16.6%-€627,646below the sector's middle half▲ 23.5%
Solvency34.1%within the sector's middle half▼ 0.9pp33.3%within the sector's middle half▼ 0.8pp23.8%within the sector's middle half▼ 9.6pp21.5%within the sector's middle half▼ 2.2pp31.0%within the sector's middle half▲ 9.5pp
Current ratio0.28below the sector's middle half▼ 0.050.17below the sector's middle half▼ 0.100.12below the sector's middle half▼ 0.050.06below the sector's middle half▼ 0.070.31below the sector's middle half▲ 0.25
Return on assets (ROA)0.1%within the sector's middle half▼ 2.3pp-3.0%below the sector's middle half▼ 3.1pp-6.1%below the sector's middle half▼ 3.1pp-3.3%below the sector's middle half▲ 2.8pp11.5%above the sector's middle half▲ 14.8pp
Staff (FTE)1below the sector's middle half▲ 25.0%1below the sector's middle half=1.4below the sector's middle half▲ 40.0%2below the sector's middle half▲ 42.9%1below the sector's middle half▼ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €173,064 after a loss of €25,328 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.1m ▼ 8.1%
Current assets
€277,330 ▲ 463%
Equity and liabilities €1.4m
Equity
€431,166 ▲ 59.2%
Debt
€957,492 ▼ 3.1%
Debt's share of the balance-sheet total falls from 78.5% to 69.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€314,968▲
2023 · €101,580
Cash flow
€302,234▲
2023 · €85,483
Debt to equity
2.22▼
2023 · 3.65
ROE
37.2%▲
2023 · -15.3%
Interest coverage
27.79▲
2023 · 6.31
Debt ≤ 1 year
€904,976▲
2023 · €869,338
Debt > 1 year
€43,316▼
2023 · €111,480
Income taxes
€1,399
Staff costs
€46,389▼
2023 · €106,476
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €49,550 | €69,420 | €106,476 | €46,389 | ▼ 56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €98,470 | €112,130 | €135,697 | €126,908 | €141,903 | ▲ 11.8% |
| Other operating charges640/8 | - | €30,140 | €28,612 | €39,131 | €31,632 | ▼ 19.2% |
| Gross operating margin9900 | €165,623 | €168,240 | €163,308 | €247,186 | €392,988 | ▲ 59.0% |
| Operating profit (loss)9901 | €9,515 | -€23,579 | -€70,421 | -€25,328 | €173,064 | ▲ 783% |
| Financial income75/76B | - | €1 | - | - | - | - |
| Recurring financial income75 | €1 | €1 | - | - | - | - |
| Financial charges65/66B | - | €12,179 | €9,925 | €16,097 | €11,335 | ▼ 29.6% |
| Recurring financial charges65 | €8,596 | €12,179 | €9,925 | €16,097 | €11,335 | ▼ 29.6% |
| Profit (loss) for the period before taxes9903 | €920 | -€35,758 | -€80,346 | -€41,425 | €161,729 | ▲ 490% |
| Income taxes67/77 | -€243 | - | - | - | €1,399 | - |
| Profit (loss) for the period9904 | €1,163 | -€35,758 | -€80,346 | -€41,425 | €160,330 | ▲ 487% |
| Profit (loss) for the period to be appropriated9905 | €1,163 | -€35,758 | -€80,346 | -€41,425 | €160,330 | ▲ 487% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.2m | €1.3m | €1.3m | €1.4m | ▲ 10.3% |
| Fixed assets21/28 | €1.2m | €1.1m | €1.2m | €1.2m | €1.1m | ▼ 8.1% |
| Intangible fixed assets21 | - | - | €90,712 | €80,712 | €70,712 | ▼ 12.4% |
| Tangible fixed assets22/27 | €1.2m | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 7.8% |
| Land and buildings22 | - | €772,355 | €777,593 | €767,867 | €758,571 | ▼ 1.2% |
| Plant, machinery and equipment23 | - | €293,486 | €297,575 | €324,490 | €257,864 | ▼ 20.5% |
| Furniture and vehicles24 | - | €12,021 | €32,672 | €25,592 | €18,513 | ▼ 27.7% |
| Leasing and similar rights25 | - | €20,656 | €15,660 | €10,663 | €5,667 | ▼ 46.9% |
| Current assets29/58 | €103,411 | €79,482 | €100,394 | €49,229 | €277,330 | ▲ 463% |
| Amounts receivable within one year40/41 | €21,716 | €12,952 | €61,570 | €25,074 | €47,023 | ▲ 87.5% |
| Trade receivables40 | - | €7,952 | €56,570 | €10,274 | €23,422 | ▲ 128% |
| Other amounts receivable41 | - | €5,000 | €5,000 | €14,799 | €23,601 | ▲ 59.5% |
| Cash at bank and in hand54/58 | €78,389 | €63,184 | €35,199 | €20,327 | €226,350 | ▲ 1,014% |
| Deferred charges and accrued income490/1 | - | €3,346 | €3,625 | €3,828 | €3,957 | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €1.3m | €1.3m | €1.4m | ▲ 10.3% |
| Equity10/15 | €428,365 | €392,607 | €312,261 | €270,836 | €431,166 | ▲ 59.2% |
| Contributions10/11 | €99,579 | €99,579 | €99,579 | €99,579 | €99,579 | = |
| Capital10 | - | €99,579 | €99,579 | €99,579 | €99,579 | = |
| Issued capital100 | - | €99,579 | €99,579 | €99,579 | €99,579 | = |
| Reserves13 | €309,958 | €289,958 | €209,958 | €169,958 | €329,958 | ▲ 94.1% |
| Non-distributable reserves130/1 | - | €9,958 | €9,958 | €9,958 | €9,958 | = |
| Legal reserve130 | - | €9,958 | €9,958 | €9,958 | €9,958 | = |
| Distributable reserves133 | - | €280,000 | €200,000 | €160,000 | €320,000 | ▲ 100% |
| Profit (loss) carried forward14 | €18,829 | €3,070 | €2,724 | €1,299 | €1,629 | ▲ 25.4% |
| Amounts payable17/49 | €826,877 | €785,393 | €1.0m | €987,718 | €957,492 | ▼ 3.1% |
| Amounts payable after more than one year17 | €451,801 | €324,439 | €198,776 | €111,480 | €43,316 | ▼ 61.1% |
| Financial debts170/4 | - | €322,639 | €196,976 | €109,680 | €41,516 | ▼ 62.1% |
| Other amounts payable178/9 | - | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Amounts payable within one year42/48 | €375,076 | €460,954 | €803,568 | €869,338 | €904,976 | ▲ 4.1% |
| Current portion of amounts payable after more than one year42 | - | €146,673 | €154,516 | €87,296 | €68,165 | ▼ 21.9% |
| Trade debts44 | €53,569 | €140,930 | €258,443 | €367,071 | €315,650 | ▼ 14.0% |
| Suppliers440/4 | - | €140,930 | €258,443 | €367,071 | €315,650 | ▼ 14.0% |
| Taxes, remuneration and social security45 | - | €8,351 | €25,609 | €9,971 | €13,011 | ▲ 30.5% |
| Taxes450/3 | - | €2,386 | €13,662 | - | €6,646 | - |
| Remuneration and social security454/9 | - | €5,965 | €11,947 | €9,971 | €6,365 | ▼ 36.2% |
| Other amounts payable47/48 | - | €165,000 | €365,000 | €405,000 | €508,150 | ▲ 25.5% |
| Accrued charges and deferred income492/3 | - | - | - | €6,900 | €9,200 | ▲ 33.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,163 | -€35,758 | -€80,346 | -€41,425 | €160,330 | ▲ 487% |
| + Depreciation and write-downs630 | €98,470 | €112,130 | €135,697 | €126,908 | €141,903 | ▲ 11.8% |
| Operating cash flow (approximation) | €99,633 | €76,372 | €55,351 | €85,483 | €302,234 | ▲ 254% |
| Investment in fixed assets (approximation) | - | -€58,817 | -€251,391 | -€122,021 | -€43,906 | ▲ 64.0% |
| Change in cash | - | -€15,206 | -€27,985 | -€14,872 | €206,022 | ▲ 1,485% |
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
2026
04-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €160,330
Net result €160,330 after 3 loss-making years.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€80,346
Net result drops to -€80,346, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Thimister-Clermont · 9 establishment units since 1991
Ground area
1.4 ha
Building footprint
1,347 m²
Volume, LiDAR
8,995 m³
10 parcels, Wallonia · tallest building 18.7 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
9 establishment units
HYDROLIEGE
since 19912.053.002.030
HYDROLIEGE
since 19912.053.002.129
HYDROLIEGE
since 19912.053.001.931
HYDROLIEGE
since 19992.053.001.832
HYDROLIEGE
since 20112.242.903.878
HYDROLIEGE
since 20152.242.904.175
Show 3 more locations
HYDROLIEGE
since 20152.242.903.383
HYDROLIEGE
since 20152.242.903.977
HYDROLIEGE
since 20152.242.904.076
10 parcels
Wallonia
10
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63017C0360/00F000 | Wallonia | 3,261 m² | 1 · 228 m² | 10.0 m · 3 fl. |
| 62108F0109/00R000 | Wallonia | 2,895 m² | 1 · 157 m² | 5.3 m · 2 fl. |
| 62810B0002/02A000 | Wallonia | 2,079 m² | 1 · 126 m² | 8.1 m · 1 fl. |
| 62109A0465/00F000 | Wallonia | 1,499 m² | 1 · 92 m² | 4.5 m · 1 fl. |
| 63572C0133/00D002 | Wallonia | 1,451 m² | 1 · 415 m² | 18.7 m · 2 fl. |
| 62095B0176/00C003 | Wallonia | 1,198 m² | 1 · 25 m² | 8.9 m · 2 fl. |
| 62054B0001/00C002 | Wallonia | 1,069 m² | 1 · 136 m² | 7.2 m · 2 fl. |
| 62038C0477/00D003 | Wallonia | 264 m² | 1 · 52 m² | 11.0 m · 3 fl. |
| 62003A0043/00S025indicative | Wallonia | 214 m² | 1 · 66 m² | 8.1 m · 3 fl. |
| 62099A0093/00G003 | Wallonia | 141 m² | 1 · 50 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
9 of 10 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- ERNIVEST
- HYDROLIEGE
Highest known parent: ERNIVEST. The sources do not say who stands above it.
Owners 1
- ERNIVESTparentSourceaccounts ERNIVEST 202599.98%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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
The group is listed under Ownership & control below; here you explore it as a network.
This company
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Identification & contact
Identification
Legal formPublic limited company
Founded29-01-1991
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95316Washing and cleaning of motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443157465
Also
9925:BE0443157465
Registered
06-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.