HYDROTRACK
ActiveSummary
HYDROTRACK has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €2k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-5
Solvency85▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 1.74 in 2024; short-term debt: 39.1% and cash: 1.1% of total assets), and 39.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 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 · 10 filingsDeviation from the deadline
2025
11 d late
2024
on the day
2023
26 d late
2022
on the day
2021
10 d late
2020
3 d early
2019
43 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▲ 4.5%
2024 · €42k
2019: €-17k
2020: €26k
2021: €35k
2022: €28k
2023: €41k
2024: €42k
2019 → 2025
Total assets
€73k▼ 4.0%
2024 · €76k
2019: €8k
2020: €40k
2021: €62k
2022: €50k
2023: €72k
2024: €76k
2019 → 2025
Net result
€2k▲ 81.1%
2024 · €1k
2019: €-970
2020: €43k
2021: €9k
2022: €-8k
2023: €14k
2024: €1k
2019 → 2025
Working capital
€34k▲ 34.8%
2024 · €25k
2019: €-392
2020: €37k
2021: €30k
2022: €24k
2023: €33k
2024: €25k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€28k▼ 21.5%€41k▲ 49.6%€42k▲ 2.5%€44k▲ 4.5%
Operating result€11k-€-9k€17k€712▼ 95.9%€4k▲ 492%
Net result€9k-€-8k€14k€1k▼ 92.4%€2k▲ 81.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 492% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€11k ▼ 38.3%
Current assets
€62k ▲ 6.4%
Equity and liabilities €73k
Equity
€44k ▲ 4.5%
Debt
€29k ▼ 14.5%
Debt's share of the balance-sheet total falls from 44.5% to 39.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8k▼
2024 · €8k
Cash flow
€5k▼
2024 · €8k
Current ratio
2.18▲
2024 · 1.74
Debt to equity
0.66▼
2024 · 0.80
ROE
4.3%▲
2024 · 2.5%
ROA
2.6%▲
2024 · 1.4%
Interest coverage
5.12▼
2024 · 13.77
Debt ≤ 1 year
€29k▼
2024 · €34k
Income taxes
€821▼
2024 · €2k
Staff costs
€24k▼
2024 · €31k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€76k€73k▼
Fixed assets21/28€18k€11k▼
Tangible fixed assets22/27€17k€11k▼
Furniture and vehicles24€17k€11k▼
Financial fixed assets28€176€176=
Current assets29/58€59k€62k▲
Amounts receivable within one year40/41€57k€61k▲
Trade receivables40€10k€14k▲
Other amounts receivable41€48k€48k▼
Cash at bank and in hand54/58€787€771▼
Deferred charges and accrued income490/1€439-
Equity and liabilities
Total equity and liabilities10/49€76k€73k▼
Equity10/15€42k€44k▲
Contributions10/11€50k€50k=
Capital10€50k€50k=
Issued capital100€50k€50k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Legal reserve130€5k€5k=
Profit (loss) carried forward14€-12k€-10k▲
Amounts payable17/49€34k€29k▼
Amounts payable after more than one year17€334-
Financial debts170/4€334-
Amounts payable within one year42/48€34k€29k▼
Current portion of amounts payable after more than one year42€7k€334▼
Trade debts44€484€446▼
Suppliers440/4€484€446▼
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€6k€10k▲
Remuneration and social security454/9€5k€3k▼
Other amounts payable47/48€14k€15k▲
Accrued charges and deferred income492/3-€387
Income statement
Code20242025
Remuneration, social security and pensions62€31k€24k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k▼
Other operating charges640/8€1k€931▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€40k€34k▼
Operating profit (loss)9901€712€4k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€570€2k▲
Recurring financial charges65€570€2k▲
Profit (loss) for the period before taxes9903€3k€3k▲
Income taxes67/77€2k€821▼
Profit (loss) for the period9904€1k€2k▲
Profit (loss) for the period to be appropriated9905€1k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-10k▲
Profit (loss) brought forward from the previous period14P€-13k€-12k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
30-06
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
30-06
Financial
Liquidity times 15current ratio 14.27
Current ratio from 0.96 to 14.27; short-term debt falls from €9k to €3k.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
13-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 41 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Charleroi · 1 establishment unit since 1991
Ground area
209 m²
Building footprint
43 m²
Volume, LiDAR
429 m³
Parcel 52028A0180/00D007, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Venise 18, 6040 Charleroi
since 19912.051.869.209
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028A0180/00D007 | Wallonia | 209 m² | 1 · 43 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 388 companies in sector 46630 we hold annual accounts for 276. 99 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-01-1991
Fiscal year end30-06
Activities, NACEBEL 2025
25530Machining of metals
46630Wholesale trade
46610Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@hydrotrack.be