Equity
€463,490 ▲ 22.5%
HYDROSEC has made a profit without a break since 2021.
HYDROSEC
Lifetime
19 annual accounts with figures on one time axisGross marginpeak €251,145 (2024)
€231,353▼ 7.9%
Resultlowest -€17,109 (2020)
€85,282▼ 13.5%
Equitypeak €463,490 (2025)
€463,490▲ 22.5%
Debts
€87,533▼ 24.6%
Staffpeak 2.1 FTE (2011)
-not published
Board1 name since 2021
1 directorVan Herck Raf
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Equity from €378,208 to €463,490Debts from €116,045 to €87,533
Key points
from the 2025 annual accountsTurnover
≈ €770,000 estimated
The micro format states no turnover.
Staff
1 employees on 31-12-2025
In 2025, 0 people joined and 1 left.
Liquidity
6.55 was 4.66 in 2024
Short-term debts rose from €41,499 to €43,855.
Filings
19 annual accounts since 2007
Seven of the last ten came late. The 2019 accounts came latest: 57 days after the end of the period.
Position in the sector
€463,490
More equity than 95% of companies in specialised construction. Sector median €57,762 · 35,020 companies.
Checked score
97
Excellent
Financially stronger than 74% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,692 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.4 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 2006
Equity €463,490 (84.1% of total assets)
Liquidity: current ratio 6.55, cash €67,570
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 90% of them on solvency, 64% on liquidity, 73% on profitability and 70% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as HYDROSEC has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HYDROSEC itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for HYDROSEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.55 (4.66 in 2024), above the usual 1.5. Short-term debt is 8% and cash 12.3% of total assets. 15.9% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
6 days late
2022
12 days early
2021
31 days late
2020
28 days late
2019
57 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0880901639
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
“Waterdichtingswerken van muren; Stukadoorswerk; Plaatsen van tussenwanden van gipsplaten; Schilderen van…” (deed in Dutch) · Board composition: VAN HERCK Raf (director (not named in the articles)) · Gazette deed
First establishment
Dikberd 34, Herentals
Incorporation
published on 09-05-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| HYDROSEC Herentals | €551,023 | €231,353 | 84.1% | - |
| ANTI FIRE APPLICATIONS Antwerp | €563,930 | €263,430 | 90.4% | - |
| Phenix.CFS Putte | €598,766 | €213,591 | 25.6% | - |
| BNN CONSTRUCT Ghent | €554,430 | €233,908 | 69.0% | - |
| LEBRUN ALAIN ENTREPRISES Braine-le-Comte | €580,577 | €268,716 | 47.6% | 3.4 |
| SIJBEN KEUKENS Dilsen-Stokkem | €571,040 | €188,032 | -24.2% | - |
| GRANIT - DECOR Ecaussinnes | €549,167 | €247,509 | 7.6% | - |
These companies have the same main activity as HYDROSEC: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €549,000 and €599,000, founded between 2002 and 2006.
Official details
Source: KBO- Status
- Active since 19-04-2006Normal situation
- Registered office
- 30 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 6 November 2026.
- Activity
- Other building finishing workNACE 43350
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.153.695.9482200 Herentals, since 18-05-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 18-06-2025
Annual accounts 2025
- Total assets
- €551,023▲ 11.5%
- Employeeson 31-12-2025
- 1▼ 50.0%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on HYDROSEC
HYDROSEC files the micro format. That format states no turnover. The gross margin rose from €70,161 in 2007 to €231,353 in 2025.
The balance sheet grew most from 2010 to 2012 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HYDROSEC
- What is the company number of HYDROSEC?
- The company number of HYDROSEC is 0880.901.639. The VAT number is the same number with BE in front: BE 0880.901.639.
- Where is HYDROSEC based?
- The registered office is at Dikberd 34, 2200 Herentals.Company details
- What does HYDROSEC do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of HYDROSEC?
- HYDROSEC is a private limited company (BV).
- When was HYDROSEC founded?
- HYDROSEC was founded on 19-04-2006.
- Is HYDROSEC still active?
- Yes, HYDROSEC is an active enterprise in the KBO register.
- How many employees does HYDROSEC have?
- HYDROSEC had an average of 1.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HYDROSEC fall under?
- In its 2025 annual accounts, HYDROSEC states joint committee 124 (Construction).
- What is the turnover of HYDROSEC?
- The turnover in financial year 2025 is ≈ €770,000. This figure is estimated from the gross margin of €231,353 and 62 comparable companies (NACE 433). It probably lies between €540,000 and €1.1m.
- Is HYDROSEC profitable?
- In financial year 2025, HYDROSEC made a profit of €85,282.
- Where can I find the annual accounts of HYDROSEC?
- HYDROSEC filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HYDROSEC due?
- HYDROSEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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