CHARLEROI hydro
ActiveCHARLEROI hydro has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.00M and a net result of €38k. Equity is growing by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 58% of 268 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-16
Solvency61▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 2.17 against 3.65 in 2024; short-term debt: 14.9% and cash: 20.3% of total assets), but 64.2% of the assets are financed with debt.
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
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
35.8%
Return on assets
1.3%
Age of the figures
9 mo
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 15-05-2026, 77 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
77 d early
2024
77 d early
2023
77 d early
2022
14 d early
2021
23 d late
2020
26 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
18-09-2026 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
€38k▼ 85.3%
2024 · €256k
2020: €-2k
2021: €82k
2022: €31k
2023: €222k
2024: €256k
2020 → 2025
Working capital
€485k▼ 32.9%
2024 · €722k
2020: €-161k
2021: €126k
2022: €285k
2023: €223k
2024: €722k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€291k-€566k▲ 94.8%€772k▲ 36.2%€1.26M▲ 62.9%€1.00M▼ 20.4%
Operating result€83k-€76k▼ 7.6%€254k▲ 233%€336k▲ 32.2%€14k▼ 95.8%
Net result€82k-€31k▼ 61.8%€222k▲ 606%€256k▲ 15.2%€38k▼ 85.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 96% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.79M
Fixed assets
€1.89M▼ 7.8%
Current assets
€901k▼ 9.4%
Equity and liabilities €2.79M
Equity
€1.00M▼ 20.4%
Debt
€1.79M▲ 0.2%
The debt ratio rises from 58.7% to 64.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€185k▼
2024 · €506k
Cash flow
€209k▼
2024 · €426k
Solvency
35.8%▼
2024 · 41.3%
Current ratio
2.17▼
2024 · 3.65
Quick ratio
2.17▼
2024 · 3.65
Debt / equity
1.79▲
2024 · 1.42
ROE
3.8%▼
2024 · 20.3%
ROA
1.3%▼
2024 · 8.4%
Interest coverage
5.05▼
2024 · 12.31
Debt
€1.79M▲
2024 · €1.79M
Debt ≤ 1 year
€416k▲
2024 · €272k
Debt > 1 year
€1.38M▼
2024 · €1.52M
Income taxes
€0▼
2024 · €69k
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€3.05M€2.79M▼
Formation expenses20€0-
Fixed assets21/28€2.05M€1.89M▼
Tangible fixed assets22/27€2.05M€1.89M▼
Land and buildings22€2.05M€1.89M▼
Current assets29/58€994k€901k▼
Amounts receivable within one year40/41€142k€84k▼
Trade receivables40€134k€57k▼
Other amounts receivable41€8k€27k▲
Current investments50/53€700k€250k▼
Cash at bank and in hand54/58€152k€567k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€3.05M€2.79M▼
Equity10/15€1.26M€1.00M▼
Contributions10/11€210k€210k=
Profit (loss) carried forward14€590k€378k▼
Investment grants15€457k€413k▼
Amounts payable17/49€1.79M€1.79M▲
Amounts payable after more than one year17€1.52M€1.38M▼
Financial debts170/4€1.52M€1.38M▼
Amounts payable within one year42/48€272k€416k▲
Current portion of amounts payable after more than one year42€138k€140k▲
Trade debts44€21k€9k▼
Suppliers440/4€21k€9k▼
Taxes, remuneration and social security45€5k€5k=
Taxes450/3€5k€5k=
Other amounts payable47/48€109k€261k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€170k€171k▲
Other operating charges640/8€968€2k▲
Gross operating margin9900€507k€187k▼
Operating profit (loss)9901€336k€14k▼
Financial income75/76B€30k€60k▲
Recurring financial income75€30k€60k▲
Financial charges65/66B€41k€37k▼
Recurring financial charges65€41k€37k▼
Profit (loss) for the period before taxes9903€324k€38k▼
Income taxes67/77€69k€0▼
Profit (loss) for the period9904€256k€38k▼
Profit (loss) for the period to be appropriated9905€256k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€590k€628k▲
Profit (loss) brought forward from the previous period14P€334k€590k▲
Profit to be distributed694/7-€250k
Return on contributions (dividend)694-€250k
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (23 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
15-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2020net €256k ▲15.2%
Operating result €336k, net result €256k, both a record.
31-12
Financial
Equity above €1MEq €1.26M ▲62.9%
4 profitable years in a row build equity to €1.26M.
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €500kEq €566k ▲94.8%
2 profitable years in a row build equity to €566k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Back to profitnet €82k
Net result €82k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 1.48
Current ratio from 0.26 to 1.48.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Fontaine-l'Evêque · 2 establishment units since 2019
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.
Rue Commun Pré(LEE) 256142 Fontaine-l'EvêqueGround area
628 m²
Building footprint
166 m²
Parcel 52038B0067/00K002, Wallonia. Linked by address, not a title deed.
2 establishment units
CHARLEROI Hydro
since 20192.294.684.557
Centrale hydroélectrique de Marcinelle
since 20222.333.500.789
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52038B0067/00K002 | Wallonia | 628 m² | 1 · 166 m² | - |
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 148 companies in sector 35120 we hold annual accounts for 79. 47 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2019
Fiscal year end31-12
Activities, NACEBEL
35120Electricity, gas, steam and air conditioning supply
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:secretariat@srl-hose.be
Phone:+32473882452