SERVICE - HYDRO
ActiveSERVICE - HYDRO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-39k) and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its net result ranks better than 28% of 102 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency-
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Sector 27
higher
← 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-39k
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
1 d early
2023
29 d late
2022
51 d late
2021
31 d late
2020
26 d late
2019
14 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-12k▲ 75.8%
2024 · €-48k
2018: €52k
2019: €62k
2020: €-225k
2021: €26k
2022: €-7k
2023: €-8k
2024: €-48k
2018 → 2025
Working capital
€245k▼ 3.3%
2022 · €253k
2018: €518k
2019: €571k
2020: €470k
2021: €348k
2022: €253k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€28k▼ 20.6%€20k▼ 29.6%€-28k€-39k▼ 41.4%
Operating result€32k-€-5k€-8k▼ 73.2%€-153k▼ 1,749%€-12k▲ 92.5%
Net result€26k-€-7k€-8k▼ 14.1%€-48k▼ 474%€-12k▲ 75.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €153k in 2024; the loss shrinks.
Key figures and ratios
Debt / equity
-1.00=
2024 · -1.00
Debt
€39k▲
2024 · €28k
Debt ≤ 1 year
€14k▲
2024 · €3k
Debt > 1 year
€25k=
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Equity and liabilities
Equity10/15€-28k€-39k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€-138k€-149k▼
Amounts payable17/49€28k€39k▲
Amounts payable after more than one year17€25k€25k=
Financial debts170/4€25k€25k=
Amounts payable within one year42/48€3k€14k▲
Trade debts44-€3k
Suppliers440/4-€3k
Other amounts payable47/48€3k€12k▲
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€141k€-141k▼
Other operating charges640/8€3k€142k▲
Gross operating margin9900€-10k€-11k▼
Operating profit (loss)9901€-153k€-12k▲
Financial income75/76B€303k-
Recurring financial income75€303k-
Non-recurring financial income76B€303k-
Financial charges65/66B€198k-
Recurring financial charges65€198k-
Non-recurring financial charges66B€198k-
Profit (loss) for the period before taxes9903€-48k€-12k▲
Profit (loss) for the period9904€-48k€-12k▲
Profit (loss) for the period to be appropriated9905€-48k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-138k€-149k▼
Profit (loss) brought forward from the previous period14P€-90k€-138k▼
The notes to these accounts (2 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 51 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €-225k ▼463%
Net result drops to €-225k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
31-12
Financial
Highest result since 2018net €62k ▲19.8%
Net result €62k, the highest in the series.
31-12
Financial
Equity above €200kEq €234k ▲36.1%
2 profitable years in a row build equity to €234k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Antwerpen · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oogststraat 112600 AntwerpenGround area
283 m²
Building footprint
83 m²
Volume, LiDAR
664 m³
Parcel 11003A0354/00M000, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SERVICE HYDRO
since 19912.050.954.439
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0354/00M000 | Flanders | 283 m² | 1 · 83 m² | 9.7 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 262 companies in sector 27110 we hold annual accounts for 173. 73 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-12-1990
Fiscal year end31-12
Activities, NACEBEL
27110Manufacture of electrical equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.