HYDROPOSE
ActiveSummary
The computed 12-month bankruptcy probability of HYDROPOSE is 2.8% (moderate). The 2025 annual accounts show equity of €9,907 and a net result of €1,354. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 7900 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+5
Solvency42=
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7900 sector peers (2025).
NBB · sector comparisonPosition among 7900 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 3 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€9,907▲ 15.8%
2024 · €8,553
Total assets
€58,533▲ 14.8%
2024 · €50,995
Net result
€1,354
2024 · -€571
Working capital
-€3,042▲ 54.8%
2024 · -€6,732
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line202320242025
Operating result€5,167-€384▼ 92.6%€2,797▲ 627%
Net result€4,124within the sector's middle half--€571below the sector's middle half€1,354below the sector's middle half
Equity€9,124below the sector's middle half-€8,553below the sector's middle half▼ 6.3%€9,907below the sector's middle half▲ 15.8%
Total assets€27,541below the sector's middle half-€50,995below the sector's middle half▲ 85.2%€58,533below the sector's middle half▲ 14.8%
Debt€18,416-€42,442▲ 130%€48,626▲ 14.6%
Working capital€9,124--€6,732-€3,042▲ 54.8%
Solvency33.1%within the sector's middle half-16.8%below the sector's middle half▼ 16.4pp16.9%below the sector's middle half▲ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 627% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58,533
Fixed assets
€25,970 ▼ 23.0%
Current assets
€32,563 ▲ 88.8%
Equity and liabilities €58,533
Equity
€9,907 ▲ 15.8%
Debt
€48,626 ▲ 14.6%
Debt's share of the balance-sheet total falls from 83.2% to 83.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10,573▲
2024 · €5,519
Cash flow
€9,130▲
2024 · €4,563
Current ratio
0.91▲
2024 · 0.72
Quick ratio
0.41▼
2024 · 0.72
Debt to equity
4.91▼
2024 · 4.96
ROE
13.7%▲
2024 · -6.7%
ROA
2.3%▲
2024 · -1.1%
Interest coverage
11.45▲
2024 · 6.13
Debt ≤ 1 year
€35,605▲
2024 · €23,981
Debt > 1 year
€13,021▼
2024 · €18,461
Income taxes
€519▲
2024 · €255
Staff costs
€34,348
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
3.3%
went bankrupt
1.1%
stopped otherwise
95%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 2,541 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €34,348 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €5,134 | €7,776 | ▲ 51.5% |
| Other operating charges640/8 | - | €1,272 | €400 | ▼ 68.6% |
| Gross operating margin9900 | €5,167 | €6,791 | €45,321 | ▲ 567% |
| Operating profit (loss)9901 | €5,167 | €384 | €2,797 | ▲ 627% |
| Financial income75/76B | - | €200 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €200 | €0 | ▼ 100.0% |
| Financial charges65/66B | €1 | €901 | €924 | ▲ 2.5% |
| Recurring financial charges65 | €1 | €901 | €924 | ▲ 2.5% |
| Profit (loss) for the period before taxes9903 | €5,166 | -€316 | €1,873 | ▲ 693% |
| Income taxes67/77 | €1,042 | €255 | €519 | ▲ 103% |
| Profit (loss) for the period9904 | €4,124 | -€571 | €1,354 | ▲ 337% |
| Profit (loss) for the period to be appropriated9905 | €4,124 | -€571 | €1,354 | ▲ 337% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €27,541 | €50,995 | €58,533 | ▲ 14.8% |
| Fixed assets21/28 | - | €33,746 | €25,970 | ▼ 23.0% |
| Tangible fixed assets22/27 | - | €33,746 | €25,970 | ▼ 23.0% |
| Furniture and vehicles24 | - | €33,746 | €25,970 | ▼ 23.0% |
| Current assets29/58 | €27,541 | €17,250 | €32,563 | ▲ 88.8% |
| Stocks and contracts in progress3 | - | - | €17,841 | - |
| Stocks30/36 | - | - | €17,841 | - |
| Amounts receivable within one year40/41 | €26,963 | €16,684 | €13,567 | ▼ 18.7% |
| Trade receivables40 | €23,444 | €12,340 | €8,606 | ▼ 30.3% |
| Other amounts receivable41 | €3,519 | €4,344 | €4,961 | ▲ 14.2% |
| Cash at bank and in hand54/58 | €577 | €565 | €289 | ▼ 48.9% |
| Deferred charges and accrued income490/1 | - | - | €867 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €27,541 | €50,995 | €58,533 | ▲ 14.8% |
| Equity10/15 | €9,124 | €8,553 | €9,907 | ▲ 15.8% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Outside capital11 | €5,000 | €5,000 | €5,000 | = |
| Other1109/19 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €4,124 | €3,553 | €4,907 | ▲ 38.1% |
| Amounts payable17/49 | €18,416 | €42,442 | €48,626 | ▲ 14.6% |
| Amounts payable after more than one year17 | - | €18,461 | €13,021 | ▼ 29.5% |
| Financial debts170/4 | - | €18,461 | €13,021 | ▼ 29.5% |
| Amounts payable within one year42/48 | €18,416 | €23,981 | €35,605 | ▲ 48.5% |
| Current portion of amounts payable after more than one year42 | - | €5,238 | €5,440 | ▲ 3.9% |
| Trade debts44 | €16,807 | €6,660 | €14,969 | ▲ 125% |
| Suppliers440/4 | €16,807 | €6,660 | €14,969 | ▲ 125% |
| Taxes, remuneration and social security45 | €1,175 | €2,531 | €4,464 | ▲ 76.4% |
| Taxes450/3 | €1,175 | €1,319 | €774 | ▼ 41.3% |
| Remuneration and social security454/9 | - | €1,213 | €3,690 | ▲ 204% |
| Other amounts payable47/48 | €435 | €9,551 | €10,731 | ▲ 12.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,124 | -€571 | €1,354 | ▲ 337% |
| + Depreciation and write-downs630 | - | €5,134 | €7,776 | ▲ 51.5% |
| Operating cash flow (approximation) | €4,124 | €4,563 | €9,130 | ▲ 100% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | -€12 | -€276 | ▼ 2,181% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Back to profitnet €1,354
Net result €1,354 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€571
Net result drops to -€571, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
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 2023
Ground area
1,950 m²
Building footprint
169 m²
Volume, LiDAR
1,428 m³
2 parcels, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HYDROPOSE
since 20232.342.702.329
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92021C0241/00D000 | Wallonia | 1,117 m² | 1 · 97 m² | 9.1 m · 3 fl. |
| 92102A0089/00Y003 | Wallonia | 833 m² | 1 · 73 m² | 10.5 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 7,043 companies in sector 43221 we hold annual accounts for 3,473. 1,764 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
Founded06-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43421Specialised construction activities
24330Manufacture of basic metals
25401Forging of metal
43120Site preparation
43230Insulation installation
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0798129757
Registered
21-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.