Hydro-Create Inter
The computed 12-month bankruptcy probability of Hydro-Create Inter is 0.4% (very low). The 2024 annual accounts show equity of €196k and a net result of €67k. Equity is shrinking by ~22.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 18% of 555 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €196k |
| Net result | €67k |
| Better than sector | 18% |
| Active | 36 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.3% | 44.8% | |
| Net result | €67k | €14k | |
| Equity | €196k | €34k | |
| Gross operating margin | €230k | €43k | |
| Total assets | €1.48M | €89k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €215k |
| Net profit | €67k |
| Cash flow | €152k |
| Staff costs | - |
| Income taxes | €66k |
| Dividends | - |
| Total assets | €1.48M |
| Equity | €196k |
| Debt | €1.19M |
| of which ≤ 1y | €964k |
| of which > 1y | €229k |
| Working capital | €-714k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.26 |
| Quick ratio | 0.10 |
| Working capital ratio | -48.2% |
| Solvency | 13.3% |
| Debt / equity | 6.07 |
| Long-term debt ratio | 1.17 |
| Interest coverage | 3.81 |
| Gross margin | - |
| Net margin | - |
| ROA | 4.5% |
| ROE | 34.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.48M |
| Fixed assets | 21/28 | €1.23M |
| Tangible fixed assets | 22/27 | €1.23M |
| Current assets | 29/58 | €250k |
| Stocks & contracts in progress | 3 | €154k |
| Amounts receivable within one year | 40/41 | €31k |
| Investments | 50/53 | €50k |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.48M |
| Equity | 10/15 | €196k |
| Contributions / capital | 10/11 | €620k |
| Reserves | 13 | €600k |
| Accumulated profits (losses) | 14 | €-1.02M |
| Provisions & deferred taxes | 16 | €91k |
| Amounts payable | 17/49 | €1.19M |
| Amounts payable after one year | 17 | €229k |
| Amounts payable within one year | 42/48 | €964k |
| Trade debts payable within one year | 44 | €46k |
| Income statement | ||
| Gross operating margin | 9900 | €230k |
| Operating result | 9901 | €130k |
| Financial charges | 65 | €56k |
| Result before taxes | 9903 | €73k |
| Income taxes | 67/77 | €66k |
| Net result for the period | 9904 | €67k |
| Result to be appropriated | 9905 | €83k |
| NACE primary | 42919 |
| Legal form | Public limited company(014) |
| Incorporation | 27-10-1989 |
| Status | Active |
| Postal code | 4217 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61028E0224/00C000 | Wallonia | 1,521 m² | 1 · 84 m² | 7.1 m · 2 fl. |
| 61028E0036/00F000 | Wallonia | 739 m² | 1 · 161 m² | 9.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-03-2024 Dissolution of the company
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"auditor": null,
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2024-02-16",
"act_kind_objet": "Publication jugement du 16/02/2024 du tribunal de l\u0027entreprise de Li\u00E8ge division Li\u00E8ge"
},
"decision": {
"body": "rechterlijke_uitspraak",
"act_date": "2024-02-16",
"unanimous": null
},
"end_event": {
"reason": "Retraction of a judicial dissolution order",
"art_wvv": [],
"is_death": false,
"sub_type": "judicial_dissolution_retracted",
"critic_note": null,
"closure_effective_date": null,
"dissolution_effective_date": null,
"liquidator_dropped_by_guard": null,
"closure_effective_date_is_approximate": false,
"dissolution_effective_date_is_approximate": false
},
"liquidator": null,
"silent_merger": null,
"court_division": {
"name": "Tribunal de l\u0027entreprise de Li\u00E8ge division Li\u00E8ge",
"language": "fr",
"tribunal_type": "entreprise"
},
"books_custodian": null,
"subject_company": {
"kbo": "0438.731.097",
"name_full": "Hydro-Create Inter",
"legal_form": "SA"
},
"closure_mandatary": null,
"prior_opening_ref": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": "Philippe STEVEN",
"org_rep_person_name": null
},
"co_filed_documents": [],
"real_estate_transferred": [],
"shareholder_loan_settled": null,
"financials_at_dissolution": null,
"distribution_to_shareholders": null
}29-11-2022 Registered office moved from HERON to Héron
- rue de la Sarthe, 6 -4217 HERON → n°4, rue de la Sarthe à 4217 Héron
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "n\u00B04, rue de la Sarthe \u00E0 4217 H\u00E9ron",
"city": "H\u00E9ron",
"region": "waals_gewest",
"street": "rue de la Sarthe",
"country": "BE",
"postcode": "4217",
"box_number": null,
"street_number": "4",
"locality_suffix": null
},
"old_address": {
"raw": "rue de la Sarthe, 6 -4217 HERON",
"city": "HERON",
"region": "waals_gewest",
"street": "rue de la Sarthe",
"country": "BE",
"postcode": "4217",
"box_number": null,
"street_number": "6",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "D\u00E9cision: D\u00E9m\u00E9nagement du si\u00E8ge social de H-C s.a., du n\u00BA6 au n\u00B04, rue de la Sarthe \u00E0 4217 H\u00E9ron",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2022-11-21",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2022-11-14",
"unanimous": true
},
"subject_company": {
"kbo": "0438.731.097",
"name_full": "Hydro-Cr\u00E9ate Inter",
"legal_form": "S.A."
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Philippe STEVEN",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Hydro-Create Inter |
| AbbreviationFR | H.C. |