Hydroservices
ActiveSummary
The annual accounts of Hydroservices for fiscal year 2025 show a net loss of 395% of total assets and of 80% of the equity at the start of that year. The 2025 annual accounts show equity of €3,973 and a net result of -€15,830. Equity is shrinking by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 2020 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-30
Solvency100▲+54
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
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
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
31 d early
2023
on the day
2022
40 d early
2021
4 d early
2020
1 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€3,973▼ 79.9%
2024 · €19,803
Total assets
€4,003▼ 95.8%
2024 · €95,165
Net result
-€15,830
2024 · €405
Working capital
€3,973▼ 80.0%
2024 · €19,829
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€8,416€6,859€5,029▼ 26.7%€1,592▼ 68.3%-€15,749
Net result-€9,191€6,001€4,169▼ 30.5%€405▼ 90.3%-€15,830
Equity€9,228▼ 49.9%€15,229▲ 65.0%€19,398▲ 27.4%€19,803▲ 2.1%€3,973▼ 79.9%
Total assets€98,319▲ 8.2%€97,129▼ 1.2%€102,027▲ 5.0%€95,165▼ 6.7%€4,003▼ 95.8%
Debt€89,091▲ 23.0%€81,901▼ 8.1%€82,629▲ 0.9%€75,363▼ 8.8%€30▼ 100.0%
Working capital€12,707▼ 69.8%€8,017▼ 36.9%€10,610▲ 32.3%€19,829▲ 86.9%€3,973▼ 80.0%
Staff (FTE)1.2▲ 20.0%2▲ 66.7%2=1.3▼ 35.0%0▼ 100%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15,749 after €1,592 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €4,003
Equity
€3,973 ▼ 79.9%
Debt
€30 ▼ 100.0%
Debt's share of the balance-sheet total falls from 79.2% to 0.7%. Equity and debt are lower.
Key figures and ratios
Debt ≤ 1 year
€30▼
2024 · €75,336
Staff costs
€0▼
2024 · €74,788
Ratios withheld: a balance sheet total of €4,003 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €7,448 | €0 | - | - | - |
| Remuneration, social security and pensions62 | €82,395 | €121,535 | €136,702 | €74,788 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €491 | €4,417 | €5,300 | €0 | - | - |
| Other operating charges640/8 | €413 | €570 | €793 | €670 | €400 | ▼ 40.4% |
| Non-recurring operating charges66A | - | - | - | €5,013 | €0 | ▼ 100% |
| Gross operating margin9900 | €74,883 | €133,381 | €147,825 | €82,063 | -€15,349 | ▼ 119% |
| Operating profit (loss)9901 | -€8,416 | €6,859 | €5,029 | €1,592 | -€15,749 | ▼ 1,089% |
| Financial income75/76B | €1 | €0 | €0 | - | - | - |
| Recurring financial income75 | €1 | €0 | €0 | - | - | - |
| Financial charges65/66B | €776 | €859 | €861 | €1,187 | €81 | ▼ 93.2% |
| Recurring financial charges65 | €776 | €859 | €861 | €1,187 | €81 | ▼ 93.2% |
| Profit (loss) for the period before taxes9903 | -€9,191 | €6,001 | €4,169 | €405 | -€15,830 | ▼ 4,008% |
| Profit (loss) for the period9904 | -€9,191 | €6,001 | €4,169 | €405 | -€15,830 | ▼ 4,008% |
| Profit (loss) for the period to be appropriated9905 | -€9,191 | €6,001 | €4,169 | €405 | -€15,830 | ▼ 4,008% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €98,319 | €97,129 | €102,027 | €95,165 | €4,003 | ▼ 95.8% |
| Fixed assets21/28 | €0 | €22,083 | €16,783 | €0 | - | - |
| Tangible fixed assets22/27 | €0 | €22,083 | €16,783 | €0 | - | - |
| Furniture and vehicles24 | - | €22,083 | €16,783 | €0 | - | - |
| Other tangible fixed assets26 | €0 | €0 | - | - | - | - |
| Current assets29/58 | €98,319 | €75,046 | €85,243 | €95,165 | €4,003 | ▼ 95.8% |
| Stocks and contracts in progress3 | €50,141 | €38,783 | €23,533 | €0 | - | - |
| Contracts in progress37 | €50,141 | €38,783 | €23,533 | €0 | - | - |
| Amounts receivable within one year40/41 | €45,674 | €31,622 | €58,250 | €94,809 | €0 | ▼ 100% |
| Trade receivables40 | €43,206 | €31,622 | €58,250 | €94,809 | €0 | ▼ 100% |
| Other amounts receivable41 | €2,468 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €554 | €2,340 | €1,115 | €356 | €4,003 | ▲ 1,024% |
| Deferred charges and accrued income490/1 | €1,950 | €2,300 | €2,346 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €98,319 | €97,129 | €102,027 | €95,165 | €4,003 | ▼ 95.8% |
| Equity10/15 | €9,228 | €15,229 | €19,398 | €19,803 | €3,973 | ▼ 79.9% |
| Contributions10/11 | €102,313 | €102,313 | €102,313 | €102,313 | €102,313 | = |
| Reserves13 | €66,963 | €66,963 | €66,963 | €66,963 | €66,963 | = |
| Non-distributable reserves130/1 | €10,231 | €10,231 | €0 | - | - | - |
| Reserves not available under the articles1311 | €10,231 | €10,231 | €0 | - | - | - |
| Distributable reserves133 | €56,732 | €56,732 | €66,963 | €66,963 | €66,963 | = |
| Profit (loss) carried forward14 | -€160,048 | -€154,047 | -€149,878 | -€149,473 | -€165,303 | ▼ 10.6% |
| Amounts payable17/49 | €89,091 | €81,901 | €82,629 | €75,363 | €30 | ▼ 100.0% |
| Amounts payable after more than one year17 | €3,479 | €14,272 | €7,996 | €0 | - | - |
| Financial debts170/4 | €3,479 | €14,272 | €7,996 | €0 | - | - |
| Amounts payable within one year42/48 | €85,612 | €67,029 | €74,633 | €75,336 | €30 | ▼ 100.0% |
| Current portion of amounts payable after more than one year42 | €20,661 | €9,649 | €6,276 | €0 | - | - |
| Trade debts44 | €52,667 | €26,336 | €41,580 | €45,554 | €30 | ▼ 99.9% |
| Suppliers440/4 | €52,667 | €26,336 | €41,580 | €45,554 | €30 | ▼ 99.9% |
| Taxes, remuneration and social security45 | €12,285 | €31,044 | €26,777 | €5,230 | €0 | ▼ 100% |
| Taxes450/3 | €2,356 | €5,840 | €8,606 | €5,230 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €9,929 | €25,204 | €18,172 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €24,552 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €600 | €0 | €26 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,191 | €6,001 | €4,169 | €405 | -€15,830 | ▼ 4,008% |
| + Depreciation and write-downs630 | €491 | €4,417 | €5,300 | €0 | - | - |
| Operating cash flow (approximation) | -€8,700 | €10,418 | €9,469 | €405 | -€15,830 | ▼ 4,008% |
| Investment in fixed assets (approximation) | - | -€26,500 | €0 | €16,783 | - | - |
| Change in cash | - | €1,787 | -€1,225 | -€759 | €3,647 | ▲ 581% |
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity times 106current ratio 133.42
Current ratio from 1.26 to 133.42; short-term debt falls from €75,336 to €30.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €6,001
Net result €6,001 after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €182
Net result €182 after 2 loss-making years.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€44,155
Net result drops to -€44,155, the lowest in the series; recovery starts the following year.
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 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, Leuven · 1 establishment unit since 2012
Ground area
2.1 ha
Building footprint
5,581 m²
Volume, LiDAR
48,597 m³
Parcel 24483E0023/00S006, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
15
companies at this address
See who is registered here
1 establishment unit
Hydroservices
since 20122.213.288.689
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483E0023/00S006 | Flanders | 2.1 ha | 1 · 5,581 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 24,946 EUR awarded · 24,772 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1 EUR | 1 EUR |
| 2024 | 1 | 6,963 EUR | 6,963 EUR |
| 2023 | 2 | 9,512 EUR | 9,338 EUR |
| 2022 | 1 | 8,470 EUR | 8,470 EUR |
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Of 2,147 companies in sector 71209 we hold annual accounts for 1,087. 295 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
Founded28-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
61100Wired, wireless and satellite telecommunications
Scores and ratios are computed by Checked and are not a credit decision.