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Hydromech

Active
Private limited companyfounded 2018active for 8 yearsAmersveldestraat 189, 8610 Kortemark, BelgiumKBO/BCE: BE 0691.659.884
Summary

Hydromech has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €396,913 and a net result of €51,941. Equity is growing by about 40% per year across the filed financial years. Its solvency ranks better than 63% of 48 sector peers (NACE 33, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Beuselinck Service
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, kan bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)

deed of 18-07-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, met of zonder beperking” (deed in Dutch)
“Vergoeding van de bestuurders, vaste of evenredige vergoeding” (deed in Dutch)

deed of 18-07-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
One provision in the deed

deed of 18-07-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of September at 14:00

deed of 18-07-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Indien geen andere vereffenaar benoemd, recht één of meerdere vereffenaars aan te duiden bevoegdheden te omlijnen en vergoeding te bepalen” (deed in Dutch)

deed of 18-07-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Ondeelbaarheid van de effecten, naar evenredigheid van rechten in nalatenschap” (deed in Dutch)
Other provision: “Bevoegdheden van het bestuursorgaan, wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Other provision: “Drie jaar, Controle van de vennootschap” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, houder effecten op naam ingeschreven in register per categorie” (deed in Dutch)
Other provision: “Winstverdeling-Interimdividend, zonder onttrekking bestaande reserves en met wettelijke of statutaire reserves” (deed in Dutch)
Liquidation distribution: “Goederen in natura opzelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
3 more provisions in the deed, see the deed of 18-07-2023

deed of 18-07-2023