HYDROscan
ActiveSummary
HYDROscan has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.27M and a net result of €114k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+2
Solvency64▲+1
Growth66▲+17
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.85 in 2024; short-term debt: 42.9% and cash: 3.5% of total assets), and 61.5% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.5%
Return on assets
3.5%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
27 d early
2022
12 d early
2021
4 d early
2020
1 d early
2019
25 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, full schema
Turnover
€4.53M▲ 18.1%
2022 · €3.84M
2021: €4.30M
2022: €3.84M▼ -10.9% vs 2021lowest in 3 years
2023: €4.53M▲ +18.1% vs 2022highest in 3 years
2021 → 2023
EBIT margin
-0.8%▲ 5.2pp
2022 · -6.0%
2021: 11.3%highest in 3 years
2022: -6.0%▼ -153% vs 2021lowest in 3 years
2023: -0.8%▲ +86.5% vs 2022
2021 → 2023
Net result
€114k▲ 149%
2024 · €46k
2018: €108k
2019: €186k▲ +72.9% vs 2018
2020: €181k▼ -3.0% vs 2019
2021: €470k▲ +160% vs 2020highest in 8 years
2022: €-201k▼ -143% vs 2021lowest in 8 years
2023: €-33k▲ +83.4% vs 2022
2024: €46k▲ +238% vs 2023
2025: €114k▲ +149% vs 2024
2018 → 2025
Working capital
€690k▼ 13.3%
2024 · €796k
2018: €112k
2019: €301k▲ +170% vs 2018
2020: €492k▲ +63.3% vs 2019
2021: €645k▲ +31.0% vs 2020
2022: €-145k▼ -122% vs 2021lowest in 8 years
2023: €535k▲ +469% vs 2022
2024: €796k▲ +48.8% vs 2023highest in 8 years
2025: €690k▼ -13.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.30M-€3.84M▼ 10.9%€4.53M▲ 18.1%
2021: €4.30M
2022: €3.84M▼ -10.9% vs 2021lowest in 3 years
2023: €4.53M▲ +18.1% vs 2022highest in 3 years
Equity€1.24M-€1.04M▼ 16.2%€1.11M▲ 6.4%€1.16M▲ 4.1%€1.27M▲ 9.9%
2021: €1.24M
2022: €1.04M▼ -16.2% vs 2021lowest in 5 years
2023: €1.11M▲ +6.4% vs 2022
2024: €1.16M▲ +4.1% vs 2023
2025: €1.27M▲ +9.9% vs 2024highest in 5 years
Operating result€486k-€-229k€-37k▲ 84.0%€7k€74k▲ 973%
2021: €486khighest in 5 years
2022: €-229k▼ -147% vs 2021lowest in 5 years
2023: €-37k▲ +84.0% vs 2022
2024: €7k▲ +119% vs 2023
2025: €74k▲ +973% vs 2024
Net result€470k-€-201k€-33k▲ 83.4%€46k€114k▲ 149%
2021: €470khighest in 5 years
2022: €-201k▼ -143% vs 2021lowest in 5 years
2023: €-33k▲ +83.4% vs 2022
2024: €46k▲ +238% vs 2023
2025: €114k▲ +149% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 973% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.30M
Fixed assets
€1.19M ▼ 10.9%
Current assets
€2.11M ▲ 21.7%
Equity and liabilities €3.30M
Equity
€1.27M ▲ 9.9%
Provisions
€47k ▲ 395%
Debt
€1.98M ▲ 4.1%
Debt's share of the balance-sheet total falls from 62.0% to 60.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€651k▼
2024 · €721k
Cash flow
€691k▼
2024 · €760k
Current ratio
1.49▼
2024 · 1.85
Debt to equity
1.56▼
2024 · 1.65
ROE
9.0%▲
2024 · 4.0%
ROA
3.5%▲
2024 · 1.5%
Interest coverage
11.04▼
2024 · 12.19
Debt ≤ 1 year
€1.42M▲
2024 · €934k
Debt > 1 year
€366k▼
2024 · €515k
Income taxes
€-20k▲
2024 · €-37k
Staff costs
€3.33M▲
2024 · €3.20M
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 · 2025 against 2024 · 65 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.07M€3.30M▲
Fixed assets21/28€1.34M€1.19M▼
Intangible fixed assets21€727k€611k▼
Tangible fixed assets22/27€76k€46k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€64k€37k▼
Other tangible fixed assets26€6k€3k▼
Financial fixed assets28€533k€533k=
Current assets29/58€1.73M€2.11M▲
Amounts receivable within one year40/41€1.43M€1.90M▲
Trade receivables40€1.19M€1.56M▲
Other amounts receivable41€245k€345k▲
Current investments50/53€38k€62k▲
Cash at bank and in hand54/58€227k€114k▼
Deferred charges and accrued income490/1€30k€29k▼
Equity and liabilities
Total equity and liabilities10/49€3.07M€3.30M▲
Equity10/15€1.16M€1.27M▲
Contributions10/11€223k€223k=
Capital10€223k€223k=
Issued capital100€223k€223k=
Reserves13€654k€659k▲
Non-distributable reserves130/1€15k€20k▲
Legal reserve130€15k€20k▲
Tax-exempt reserves132€885€885=
Distributable reserves133€638k€638k=
Profit (loss) carried forward14€279k€387k▲
Provisions and deferred taxes16€9k€47k▲
Provisions for liabilities and charges160/5€9k€47k▲
Other liabilities and charges164/5€9k€47k▲
Amounts payable17/49€1.90M€1.98M▲
Amounts payable after more than one year17€515k€366k▼
Financial debts170/4€515k€366k▼
Amounts payable within one year42/48€934k€1.42M▲
Current portion of amounts payable after more than one year42€175k€171k▼
Financial debts43€155k€385k▲
Credit institutions430/8€155k€385k▲
Trade debts44€136k€441k▲
Suppliers440/4€136k€441k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€468k€417k▼
Taxes450/3€124k€64k▼
Remuneration and social security454/9€344k€353k▲
Other amounts payable47/48€0€1k▲
Accrued charges and deferred income492/3€452k€198k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€8k▲
Remuneration, social security and pensions62€3.20M€3.33M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€714k€576k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€9k€37k▲
Other operating charges640/8€17k€26k▲
Gross operating margin9900€3.95M€4.05M▲
Operating profit (loss)9901€7k€74k▲
Financial income75/76B€70k€78k▲
Recurring financial income75€70k€78k▲
Financial charges65/66B€68k€59k▼
Recurring financial charges65€59k€59k▼
Non-recurring financial charges66B€9k€0▼
Profit (loss) for the period before taxes9903€9k€94k▲
Income taxes67/77€-37k€-20k▲
Profit (loss) for the period9904€46k€114k▲
Profit (loss) for the period to be appropriated9905€46k€114k▲
Appropriation of the result
Profit (loss) to be appropriated9906€281k€393k▲
Profit (loss) brought forward from the previous period14P€235k€279k▲
Transfer to equity691/2€2k€6k▲
To the legal reserve6920€2k€6k▲
Social balance
Average headcount (FTE)908736.436.4=
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4.30M | €3.84M | €4.53M | - | - | - |
| Non-recurring operating income76A | €0 | - | - | €2k | €8k | ▲ 271% |
| Goods, raw materials, services and sundry goods60/61 | €1.36M | €1.79M | €1.53M | - | - | - |
| Remuneration, social security and pensions62 | €2.52M | €3.00M | €3.12M | €3.20M | €3.33M | ▲ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €203k | €390k | €656k | €714k | €576k | ▼ 19.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €9k | €37k | ▲ 295% |
| Other operating charges640/8 | €8k | €1k | €19k | €17k | €26k | ▲ 51.1% |
| Non-recurring operating charges66A | €0 | €5k | - | - | - | - |
| Gross operating margin9900 | €3.22M | €3.17M | €3.76M | €3.95M | €4.05M | ▲ 2.6% |
| Operating profit (loss)9901 | €486k | €-229k | €-37k | €7k | €74k | ▲ 973% |
| Financial income75/76B | €39k | €41k | €74k | €70k | €78k | ▲ 11.6% |
| Recurring financial income75 | €39k | €41k | €74k | €70k | €78k | ▲ 11.6% |
| Financial charges65/66B | €21k | €30k | €97k | €68k | €59k | ▼ 13.9% |
| Recurring financial charges65 | €21k | €30k | €97k | €59k | €59k | ▼ 0.3% |
| Non-recurring financial charges66B | - | - | - | €9k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €504k | €-218k | €-60k | €9k | €94k | ▲ 964% |
| Income taxes67/77 | €34k | €-17k | €-26k | €-37k | €-20k | ▲ 45.2% |
| Profit (loss) for the period9904 | €470k | €-201k | €-33k | €46k | €114k | ▲ 149% |
| Profit (loss) for the period to be appropriated9905 | €470k | €-201k | €-33k | €46k | €114k | ▲ 149% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.15M | €3.32M | €3.57M | €3.07M | €3.30M | ▲ 7.5% |
| Fixed assets21/28 | €653k | €1.33M | €1.41M | €1.34M | €1.19M | ▼ 10.9% |
| Intangible fixed assets21 | €391k | €1.06M | €1.06M | €727k | €611k | ▼ 16.0% |
| Tangible fixed assets22/27 | €122k | €135k | €98k | €76k | €46k | ▼ 39.0% |
| Plant, machinery and equipment23 | €14k | €12k | €8k | €7k | €6k | ▼ 10.8% |
| Furniture and vehicles24 | €94k | €113k | €83k | €64k | €37k | ▼ 41.2% |
| Other tangible fixed assets26 | €13k | €10k | €7k | €6k | €3k | ▼ 47.4% |
| Financial fixed assets28 | €140k | €139k | €255k | €533k | €533k | = |
| Current assets29/58 | €2.49M | €1.98M | €2.16M | €1.73M | €2.11M | ▲ 21.7% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Contracts in progress37 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1.89M | €1.64M | €1.67M | €1.43M | €1.90M | ▲ 32.5% |
| Trade receivables40 | €1.77M | €1.40M | €1.33M | €1.19M | €1.56M | ▲ 30.7% |
| Other amounts receivable41 | €126k | €245k | €338k | €245k | €345k | ▲ 40.8% |
| Current investments50/53 | - | - | - | €38k | €62k | ▲ 63.6% |
| Cash at bank and in hand54/58 | €591k | €337k | €489k | €227k | €114k | ▼ 49.8% |
| Deferred charges and accrued income490/1 | €9k | €3k | €6k | €30k | €29k | ▼ 2.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.15M | €3.32M | €3.57M | €3.07M | €3.30M | ▲ 7.5% |
| Equity10/15 | €1.24M | €1.04M | €1.11M | €1.16M | €1.27M | ▲ 9.9% |
| Contributions10/11 | €123k | €123k | €223k | €223k | €223k | = |
| Capital10 | €123k | €123k | €223k | €223k | €223k | = |
| Issued capital100 | €123k | €123k | €223k | €223k | €223k | = |
| Reserves13 | €651k | €651k | €651k | €654k | €659k | ▲ 0.9% |
| Non-distributable reserves130/1 | €12k | €12k | €12k | €15k | €20k | ▲ 39.2% |
| Legal reserve130 | €12k | €12k | €12k | €15k | €20k | ▲ 39.2% |
| Tax-exempt reserves132 | €885 | €885 | €885 | €885 | €885 | = |
| Distributable reserves133 | €638k | €638k | €638k | €638k | €638k | = |
| Profit (loss) carried forward14 | €470k | €268k | €235k | €279k | €387k | ▲ 39.0% |
| Provisions and deferred taxes16 | - | - | - | €9k | €47k | ▲ 395% |
| Provisions for liabilities and charges160/5 | - | - | - | €9k | €47k | ▲ 395% |
| Other liabilities and charges164/5 | - | - | - | €9k | €47k | ▲ 395% |
| Amounts payable17/49 | €1.90M | €2.27M | €2.46M | €1.90M | €1.98M | ▲ 4.1% |
| Amounts payable after more than one year17 | €33k | €42k | €689k | €515k | €366k | ▼ 28.9% |
| Financial debts170/4 | €33k | €42k | €689k | €515k | €366k | ▼ 28.9% |
| Amounts payable within one year42/48 | €1.85M | €2.13M | €1.63M | €934k | €1.42M | ▲ 51.5% |
| Current portion of amounts payable after more than one year42 | €12k | €21k | €35k | €175k | €171k | ▼ 2.4% |
| Financial debts43 | €1.15M | €1.26M | €782k | €155k | €385k | ▲ 148% |
| Credit institutions430/8 | €1.15M | €1.26M | €782k | €155k | €385k | ▲ 148% |
| Trade debts44 | €269k | €322k | €235k | €136k | €441k | ▲ 224% |
| Suppliers440/4 | €269k | €322k | €235k | €136k | €441k | ▲ 224% |
| Advances received on contracts in progress46 | €3k | - | €19k | €0 | - | - |
| Taxes, remuneration and social security45 | €386k | €494k | €555k | €468k | €417k | ▼ 10.8% |
| Taxes450/3 | €85k | €148k | €202k | €124k | €64k | ▼ 48.1% |
| Remuneration and social security454/9 | €302k | €346k | €354k | €344k | €353k | ▲ 2.7% |
| Other amounts payable47/48 | €30k | €29k | €811 | €0 | €1k | - |
| Accrued charges and deferred income492/3 | €21k | €103k | €149k | €452k | €198k | ▼ 56.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €470k | €-201k | €-33k | €46k | €114k | ▲ 149% |
| + Depreciation and write-downs630 | €203k | €390k | €656k | €714k | €576k | ▼ 19.3% |
| Operating cash flow (approximation) | €673k | €188k | €623k | €760k | €691k | ▼ 9.1% |
| Investment in fixed assets (approximation) | - | €-1.07M | €-736k | €-637k | €-431k | ▲ 32.4% |
| Change in cash | - | €-254k | €151k | €-261k | €-113k | ▲ 56.7% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €46k
Net result €46k after 2 loss-making years.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-201k
Net result drops to €-201k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €470k ▲160%
Operating result €486k, net result €470k, both a record.
31-12
Financial
Equity above €1MEq €1.24M ▲60.7%
4 profitable years in a row build equity to €1.24M.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €641k ▲41%
2 profitable years in a row build equity to €641k.
Show earlier events
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Leuven · 2 establishment units since 2011
Ground area
5,114 m²
Building footprint
475 m²
2 parcels, Flanders, Wallonia. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
HYDROscan
since 20112.198.044.051
Hydroscan nv
since 20142.231.698.992
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483E0023/00S007 | Flanders | 3,975 m² | - | - |
| 92053B0058/00K004 | Wallonia | 1,138 m² | 1 · 475 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 20 entries · 1,683,054 EUR awarded · 1,257,783 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 8 | 57,323 EUR | 582,171 EUR |
| 2024 | 4 | 259,574 EUR | 663,996 EUR |
| 2023 | 6 | 1,363,481 EUR | 8,940 EUR |
| 2022 | 2 | 2,676 EUR | 2,676 EUR |
Schemes
Subsidie voor projecten internationale klimaatfinanciering (Vlaams klimaatfonds)
Strategisch onderzoekscentrum ICON project (SOC-ICON)
Individueel Maatwerk
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidies voor internationaal ondernemen
Show 2 more
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Federal government
2023 to 2024 · 2 entries · 198,712 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2024 | FOD Buitenlandse Zaken | 1 | 66,356 EUR |
| 2023 | FOD Buitenlandse Zaken | 1 | 132,356 EUR |
Budget allocations
Steun aan het export in het raam van het OESO Verdrag aangaande export kredieten met de hulp van financiële instrumenten van commerciële of concessionele aard (cf. art. 2.14.6 en 2.14.15 van de wetsbepalingen)
European research
3 projects · 2 as coordinator · 366,475 EUR EU contributionProgrammes
Seventh Framework Programme
Horizon Europe
Projects
An environmental Standards Information Portal for Europe
Science, Technology and Policy interfacing using WISE-RTD
Gnss-r sateLlITe earTh obsERvation
Recognitions · licences · registrations
Legal Entity Identifier
699400KY279EEGTI6J52
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 3,043 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-11-2002
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Contact
Phone
016240505
Scores and ratios are computed by Checked and are not a credit decision.