TECHYDRO
ActiveTECHYDRO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €658k and a net result of €129k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
97
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+40
Solvency93▲+15
Growth71=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.64 in 2024), but 50.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.3%
Return on assets
9.7%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
9 d early
2023
205 d late
2022
14 d early
2021
19 d late
2020
17 d late
2019
24 d early
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.19M▲ 10.0%
2024 · €1.08M
2018: €714k
2019: €744k
2020: €857k
2021: €899k
2022: €1.04M
2023: €1.08M
2024: €1.08M
2018 → 2025
EBIT margin
14.8%▲ 9.1pp
2024 · 5.7%
2018: 2.2%
2019: -0.4%
2020: 2.4%
2021: 4.5%
2022: 7.6%
2023: 9.3%
2024: 5.7%
2018 → 2025
Net result
€129k▲ 184%
2024 · €46k
2018: €3k
2019: €-6k
2020: €39k
2021: €32k
2022: €57k
2023: €72k
2024: €46k
2018 → 2025
Working capital
€402k▲ 47.3%
2024 · €273k
2018: €162k
2019: €106k
2020: €147k
2021: €177k
2022: €211k
2023: €199k
2024: €273k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€899k-€1.04M▲ 15.9%€1.08M▲ 3.3%€1.08M▲ 0.4%€1.19M▲ 10.0%
Equity€352k-€407k▲ 15.6%€493k▲ 21.1%€533k▲ 8.2%€658k▲ 23.3%
Operating result€40k-€80k▲ 98.6%€101k▲ 26.4%€62k▼ 38.5%€176k▲ 185%
Net result€32k-€57k▲ 81.0%€72k▲ 25.8%€46k▼ 37.0%€129k▲ 184%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 185% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.33M
Fixed assets
€503k▼ 11.1%
Current assets
€832k▲ 18.4%
Equity and liabilities €1.33M
Equity
€658k▲ 23.3%
Provisions
€5k▼ 24.0%
Debt
€672k▼ 7.7%
The debt ratio falls from 57.4% to 50.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€253k▲
2024 · €142k
Cash flow
€206k▲
2024 · €126k
Solvency
49.3%▲
2024 · 42.1%
Current ratio
1.94▲
2024 · 1.64
Quick ratio
0.86▲
2024 · 0.72
Debt / equity
1.02▼
2024 · 1.36
ROE
19.6%▲
2024 · 8.5%
ROA
9.7%▲
2024 · 3.6%
Interest coverage
28.92▲
2024 · 15.87
Debt
€672k▼
2024 · €728k
Debt ≤ 1 year
€430k=
2024 · €430k
Debt > 1 year
€242k▼
2024 · €298k
Income taxes
€51k▲
2024 · €21k
Staff costs
€162k▼
2024 · €171k
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
Assets
Total assets20/58€1.27M€1.33M▲
Fixed assets21/28€565k€503k▼
Tangible fixed assets22/27€565k€503k▼
Land and buildings22€392k€372k▼
Plant, machinery and equipment23€108k€79k▼
Furniture and vehicles24€65k€52k▼
Current assets29/58€703k€832k▲
Amounts receivable after more than one year29€50€50=
Trade receivables290€50€50=
Stocks and contracts in progress3€392k€460k▲
Stocks30/36€392k€460k▲
Amounts receivable within one year40/41€294k€343k▲
Trade receivables40€293k€342k▲
Other amounts receivable41€870€916▲
Cash at bank and in hand54/58€11k€24k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.27M€1.33M▲
Equity10/15€533k€658k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€279k€403k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€37k€32k▼
Distributable reserves133€236k€365k▲
Profit (loss) carried forward14€192k€192k▲
Provisions and deferred taxes16€7k€5k▼
Deferred taxes168€7k€5k▼
Amounts payable17/49€728k€672k▼
Amounts payable after more than one year17€298k€242k▼
Financial debts170/4€298k€242k▼
Amounts payable within one year42/48€430k€430k=
Current portion of amounts payable after more than one year42€102k€81k▼
Trade debts44€62k€56k▼
Suppliers440/4€62k€56k▼
Taxes, remuneration and social security45€35k€53k▲
Taxes450/3€11k€36k▲
Remuneration and social security454/9€24k€17k▼
Other amounts payable47/48€231k€239k▲
Income statement
Code20242025
Turnover70€1.08M€1.19M▲
Non-recurring operating income76A€25k€43k▲
Goods, raw materials, services and sundry goods60/61€780k€807k▲
Remuneration, social security and pensions62€171k€162k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€77k▼
Other operating charges640/8€13k€10k▼
Gross operating margin9900€326k€425k▲
Operating profit (loss)9901€62k€176k▲
Financial income75/76B€7k€6k▼
Recurring financial income75€78€46▼
Non-recurring financial income76B€7k€6k▼
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€60k€174k▲
Transfer from deferred taxes780€7k€7k=
Income taxes67/77€21k€51k▲
Profit (loss) for the period9904€46k€129k▲
Profit (loss) for the period to be appropriated9905€46k€129k▲
Appropriation of the result
Profit (loss) to be appropriated9906€237k€321k▲
Profit (loss) brought forward from the previous period14P€192k€192k▲
Transfer to equity691/2€45k€129k▲
To other reserves6921€45k€129k▲
Social balance
Average headcount (FTE)9087-2.5
The notes to these accounts (8 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €129k ▲184%
Operating result €176k, net result €129k, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 205 days late
2024
31-12
Financial
Equity above €500kEq €533k ▲8.2%
5 profitable years in a row build equity to €533k.
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-6k ▼299%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2023
This board is reconstructed from a single act (23312691). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
CASTAIGNE Annemarie
CurrentManaging director · since 09-02-2023
CASTAIGNE Annemarie Josée Ghislaine
CurrentDirector · since 01-01-2023
MARCQ Alain Louis-Marie Marcel Ghislain
CurrentDirector · since 01-01-2023
MARCQ Julien Ghislain
CurrentDirector · since 01-01-2023
09-02-2023
CASTAIGNE Annemarie: Appointed as Managing director
01-01-2023
CASTAIGNE Annemarie Josée Ghislaine: Appointed as Director
01-01-2023
MARCQ Alain Louis-Marie Marcel Ghislain: Appointed as Director
01-01-2023
MARCQ Julien Ghislain: Appointed as Director
Location & real-estate footprint
Registered office, Binche · 1 establishment unit since 1990
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.
Route de Merbes(BUV) 3987133 Binche1 establishment unit
Route de Merbes(BUV) 398, 7133 Binche
since 19902.102.786.784
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Of 268 companies in sector 28220 we hold annual accounts for 231. 181 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-03-1990
Fiscal year end31-12
Activities, NACEBEL
28220Manufacture of machinery and equipment not elsewhere classified
46630Wholesale trade
51820
01410Raising of dairy cattle
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filings
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.