HYDROSEB
ActiveSummary
HYDROSEB has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €13,697. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 70% of 592 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Staff
- 9.5 FTE
- Equity
- €1.1m
- Profit
- €13,697
- MECASEBDirector · permanent representative MONSÉE Sébastien
Why 67raises risk2 of the last 3 lateLiquidity: current ratio 1.91, cash €45,825, halvedlowers riskFounded in 2008Equity €1.1m (54.3% of total assets)Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro): better than 61% on solvency, 20% on liquidity, 24% on profitability and 35% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 25 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 87% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.2% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 10,904 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €25,114 | €42,150 | €255 | €417 | €413 | ▼ 0.9% |
| Remuneration, social security and pensions62 | - | - | - | €571,441 | €403,399 | €438,341 | €626,126 | €624,741 | ▼ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €124,273 | €115,154 | €105,194 | €110,159 | €112,752 | €122,150 | €124,347 | €111,393 | ▼ 10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€25,985 | -€26,524 | -€8,041 | - | €17,553 | - |
| Other operating charges640/8 | - | - | - | €34,365 | €39,256 | €17,129 | €8,115 | €35,220 | ▲ 334% |
| Non-recurring operating charges66A | - | - | - | €4,505 | - | €2,016 | - | - | - |
| Gross operating margin9900 | €637,866 | €528,367 | €569,758 | €619,361 | €703,591 | €581,692 | €783,036 | €834,569 | ▲ 6.6% |
| Operating profit (loss)9901 | €221,859 | -€1,377 | €16,204 | -€75,124 | €174,707 | €10,096 | €24,449 | €45,662 | ▲ 86.8% |
| Financial income75/76B | - | - | - | €12,825 | €12,809 | €12,504 | €13,360 | €14,451 | ▲ 8.2% |
| Recurring financial income75 | €33,317 | €39,562 | €11,146 | €12,825 | €12,809 | €12,504 | €13,360 | €14,451 | ▲ 8.2% |
| Financial charges65/66B | - | - | - | €25,731 | €21,084 | €17,792 | €30,114 | €34,846 | ▲ 15.7% |
| Recurring financial charges65 | €19,328 | €21,870 | €19,367 | €25,731 | €21,084 | €17,792 | €30,114 | €34,846 | ▲ 15.7% |
| Profit (loss) for the period before taxes9903 | €234,664 | €16,565 | €7,863 | -€88,030 | €166,432 | €4,809 | €7,694 | €25,267 | ▲ 228% |
| Income taxes67/77 | €67,372 | €9,718 | €1,428 | €3,029 | €28,931 | €4,423 | €6,783 | €11,570 | ▲ 70.6% |
| Profit (loss) for the period9904 | €167,291 | €6,847 | €6,435 | -€91,059 | €137,502 | €385 | €911 | €13,697 | ▲ 15× |
| Transfer from tax-exempt reserves789 | - | - | - | €93,000 | €89,000 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €78,291 | €6,847 | €6,435 | €1,941 | €226,502 | €385 | €911 | €13,697 | ▲ 15× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.2m | €2.2m | €1.9m | €2.0m | €2.2m | €2.3m | €2.1m | €2.1m | ▼ 1.4% |
| Fixed assets21/28 | €0.6m | €0.5m | €0.6m | €0.6m | €0.5m | €0.6m | €0.4m | €0.4m | ▼ 12.0% |
| Tangible fixed assets22/27 | €0.6m | €0.5m | €0.6m | €0.6m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 12.0% |
| Land and buildings22 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 13.9% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 6.3% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.02m | €0.007m | €0.008m | ▲ 21.6% |
| Leasing and similar rights25 | - | - | - | €0.02m | €0.03m | €0.05m | €0.04m | €0.03m | ▼ 30.2% |
| Financial fixed assets28 | €0.001m | €210 | €210 | €389 | €389 | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €1.7m | €1.7m | €1.3m | €1.4m | €1.6m | €1.8m | €1.7m | €1.7m | ▲ 1.3% |
| Amounts receivable after more than one year29 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Other amounts receivable291 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Stocks and contracts in progress3 | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 47.1% |
| Stocks30/36 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 47.1% |
| Amounts receivable within one year40/41 | €1.3m | €0.8m | €0.5m | €0.5m | €0.9m | €1.0m | €0.7m | €1.0m | ▲ 35.4% |
| Trade receivables40 | - | - | - | €0.5m | €0.8m | €0.9m | €0.7m | €0.9m | ▲ 33.2% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.05m | €0.1m | €0.07m | €0.1m | ▲ 56.2% |
| Cash at bank and in hand54/58 | €0.01m | €0.01m | €0.04m | €0.1m | €0.05m | €0.02m | €0.1m | €0.05m | ▼ 62.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.009m | - | €103 | €0.006m | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.2m | €2.2m | €1.9m | €2.0m | €2.2m | €2.3m | €2.1m | €2.1m | ▼ 1.4% |
| Equity10/15 | €1.1m | €1.1m | €1.1m | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 1.1% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.6m | €0.6m | €0.6m | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Tax-exempt reserves132 | - | - | - | €0.09m | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.4m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Profit (loss) carried forward14 | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | ▲ 2.7% |
| Investment grants15 | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▼ 16.3% |
| Amounts payable17/49 | €1.2m | €1.1m | €0.9m | €1.0m | €1.1m | €1.2m | €1.0m | €0.9m | ▼ 4.3% |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.09m | €0.04m | ▼ 55.2% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.09m | €0.04m | ▼ 55.2% |
| Amounts payable within one year42/48 | €0.9m | €0.9m | €0.7m | €0.8m | €0.9m | €1.1m | €0.9m | €0.9m | ▼ 2.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.09m | €0.06m | €0.06m | €0.06m | €0.05m | ▼ 24.7% |
| Financial debts43 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 1.2% |
| Credit institutions430/8 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 1.2% |
| Trade debts44 | €0.5m | €0.6m | €0.4m | €0.4m | €0.6m | €0.8m | €0.6m | €0.5m | ▼ 13.9% |
| Suppliers440/4 | - | - | - | €0.4m | €0.6m | €0.8m | €0.6m | €0.5m | ▼ 13.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 83.3% |
| Taxes450/3 | - | - | - | €0.03m | €0.06m | €0.04m | €0.02m | €0.09m | ▲ 254% |
| Remuneration and social security454/9 | - | - | - | €0.08m | €0.04m | €0.06m | €0.07m | €0.09m | ▲ 26.5% |
| Other amounts payable47/48 | - | - | - | - | - | - | - | €0.002m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €77 | €0.001m | €0.001m | €0.03m | ▲ 18× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €167,291 | €6,847 | €6,435 | -€91,059 | €137,502 | €385 | €911 | €13,697 | ▲ 15× |
| + Depreciation and write-downs630 | €124,273 | €115,154 | €105,194 | €110,159 | €112,752 | €122,150 | €124,347 | €111,393 | ▼ 10.4% |
| Operating cash flow (approximation) | €291,564 | €122,001 | €111,629 | €19,100 | €250,254 | €122,536 | €125,257 | €125,089 | ▼ 0.1% |
| Investment in fixed assets (approximation) | - | -€84,987 | -€173,084 | -€86,293 | -€61,211 | -€140,272 | -€10,159 | -€58,962 | ▼ 480% |
| Change in cash | - | €820 | €23,198 | €76,322 | -€64,986 | -€26,049 | €100,322 | -€74,929 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-06-2026 | 2026-00220366 |
| 31-12-2024 | full format | 16-09-2025 | 2025-00492334 |
| 31-12-2023 | full format | 10-09-2024 | 2024-00457710 |
| 31-12-2022 | full format | 03-10-2023 | 2023-00467284 |
| 31-12-2021 | full format | 30-08-2022 | 2022-20399540 |
| 31-12-2020 | full format | 24-08-2021 | 2021-54600273 |
| 31-12-2019 | full format | 03-08-2020 | 2020-39000362 |
| 31-12-2018 | full format | 30-09-2019 | 2019-66900470 |
| 31-12-2017 | full format | 27-09-2018 | 2018-66000511 |
| 31-12-2016 | full format | 18-08-2017 | 2017-46400536 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MECASEB |
|
| MONSÉE Sébastien |
|
Owners and capital
Capital and shareholders
- 30-01-2024 Converted to unavailable equity
- 30-01-2024 Converted to uncalled contributions
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-01
Gazette deed
Resignation: MONSÉE Sébastien (manager)Appointment: MECASEB (director) · Permanent representative: MONSÉE Sébastien · Amendment of the articles15 facts ▸
- General meeting, 08-01-2024
- Amendment of the articles (2 times)
- Declaration, “no capital increase for reduced withholding tax, article 537 du CIR 1992” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres 'apports non appelés'” (deed in French)
- Reserve release, “inclut les versements futurs de la part non encore libérée du capital souscrit dans le passé, suppression du compte de capitaux propres statutairement indisponi…” (deed in French)
- Declaration, “information regarding distribution procedure, faire appel à un professionnel du chiffre” (deed in French)
- Declaration, “condition for equity repayment, ne pas avoir profité d’une réduction ou d’exonération de droits dans le cadre d’une cession d’actions d’une entreprise familiale…” (deed in French)
- Capital
- Declaration, “current seat address, 4340 Awans, rue de la Chaudronnerie 22” (deed in French)
- Director resignation, MONSÉE Sébastien (manager)
- Director appointment, MECASEB (director (not named in the articles))
- +3 further facts in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62006B0352/00E000 | Wallonia | 1.2 ha | - | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’installation de tout système hydraulique en matière industrielle, soit sur les éléments fixes et immobiliers, soit sur des éléments…” (deed in French)
9 activities (deed in French)
- L’installation de tout système hydraulique en matière industrielle, soit sur les éléments fixes et immobiliers, soit sur des éléments mobiles et véhicules
- L’installation de machines et d’équipements industriels, la réparation d’équipements et de machines industriels, la réparation d’autres équipements et l’usinage ainsi que toutes activités ayant trait à la tuyauterie industrielle et canalisations et câblages électriques, toute installation électro-technique, tous process et développement d’équipements techniques
- Toutes activités liées à l’installation, le contrôle, la maintenance des systèmes hydrauliques, systèmes de vérin, toute activité liée à la soudure
- Toute activité liée à l’installation de pompes, système de pompage quelconques
- La commercialisation de tous éléments ou pièces, fabrication flexible liés aux techniques dont question ci-dessus
- L’organisation d’activités récréatives tels que spectacles de cirque, spectacles de marionnettes, rodéos, spectacles « son et lumière »
- La réparation et la maintenance navale
- Toutes les opérations généralement quelconques, commerciales, industrielles, financières, mobilières et immobilières se rattachant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement, entièrement ou partiellement, la réalisation
- S’intéresser par toutes voies dans toutes affaires, entreprises ou sociétés ayant un objet identique, similaire ou connexe, qui sont de nature à favoriser le développement de son entreprise, qui sont susceptibles de constituer pour elle une source d’approvisionnement ou une possibilité de débouchés
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- HYDROSEB
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, 2” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, l'assemblée qui nomme fixe leur nombre, la durée de leur mandat et, en cas de pluralité, leurs pouvoirs; à défaut…” (deed in French)“Pouvoirs de l'organe d'administration, un administrateur peut donner mandat par écrit ou par tout moyen électronique à un autre…” (deed in French)“Peut s'effectuer en nature (mise à disposition gratuite d'un logement, d'un véhicule, d'énergies, etc.) et/ou en espèces, mensuellement…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Droit égal dans la répartition des bénéfices et des produits de la liquidation” (deed in French)“Droit égal dans la répartition des bénéfices et des produits de la liquidation, 5” (deed in French)“Nominatives, nature des actions” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Droit de souscription préférentiel revient au débiteur-gagiste, actions non souscrites par les actionnaires peuvent être souscrites par les…” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June at 20:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Toute personne peut renoncer à la convocation, en tout cas, sera considérée comme ayant été régulièrement convoquée si elle est présente ou…” (deed in French)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- One provision in the deed
- Remote participationWhether shareholders may take part in the meeting remotely.
- “La convocation à l’assemblée générale contient une description claire et précise des procédures relatives à la participation à distance…” (deed in French)
- Remote votingWhether shareholders may vote remotely, for example through a website.
- One provision in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Lorsque la loi l'exige et dans les limites qu'elle prévoit, le contrôle de la société est assuré par un ou plusieurs commissaires, nommés…” (deed in French)
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed