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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ENTREPRISES HYDROGAZ from Grâce-Hollogne, company number BE0404257990, closed financial year 2025 with a result of € 16.7 million after tax. For that financial year ENTREPRISES HYDROGAZ recorded revenue of € 84.6 million and equity of € 25.9 million. Compared with financial year 2024, the result moved from € 855,757 to € 16.7 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 9, 2026.
€ 25.9 million
▲ 181% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16.7 million
▲ € 15.8 million vs 2024
Profit after tax over the fiscal year.
€ 3.3 million
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 25.2 million.
People and assets in 2025
228.6
▼ 7.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 14.1 million
▲ 5% vs 2024
€ 61,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2.9 million
▼ 7% vs 2024
Of which on lease € 2.8 million.
Debts at end 2025
€ 2.4 million
▼ 18% vs 2024
€ 979,085 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 13.6 million
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 98 days on average.
€ 1.6 million
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 38,200,697 | € 47,746,334 | € 51,277,751 | € 84,632,137 | ▲ 65% |
| Profit after taxes | € 1,533,924 | € 2,607,304 | € 855,757 | € 16,660,931 | ▲ € 15.8 million |
| Equity | € 5,754,587 | € 8,361,891 | € 9,217,648 | € 25,878,579 | ▲ 181% |
| Total debts | € 29,223,680 | € 33,110,417 | € 42,542,062 | € 32,550,771 | ▼ 23% |
| Cash | € 7,386,108 | € 6,281,423 | € 9,934,690 | € 3,317,472 | ▼ 67% |
| Land & buildings | € 527,778 | € 513,072 | € 598,181 | € 599,873 | |
| Retained profit | € 5,040,587 | € 7,647,891 | € 8,503,648 | € 25,164,579 | ▲ 196% |
| Dividend | € 2,500,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,520,644 | € 2,005,719 | € 2,988,432 | € 2,447,312 | ▼ 18% |
| Balance sheet total | € 35,031,267 | € 41,524,308 | € 51,793,710 | € 58,500,850 | ▲ 13% |
| Employees (FTE) | 224.7 | 236.3 | 236.1 | 228.6 | ▼ 7.5 |
Key figures of ENTREPRISES HYDROGAZ, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ENTREPRISES HYDROGAZ?
What happened at ENTREPRISES HYDROGAZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benoît Aerts stepped down as director. NBB
- Steven Forthomme stepped down as director. NBB
- Tedis SRL stepped down as director. NBB
- Fabian Labrozzo stepped down as director. NBB
- Christophe Heinen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 16.7 million (▲ € 15.8 million vs 2024). Source: NBB ↗
- Steven Forthomme became a director. NBB
- Alternum SRL stepped down as director. NBB
In short
From € 1.5 million profit in 2022 to € 16.7 million profit in 2025.
Paid € 7.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 16.7 million profit.
Paid out € 2.5 million in dividends to the owners in total.
A new publication or filing at ENTREPRISES HYDROGAZ? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Canalfin Infra Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ENTREPRISES HYDROGAZThe shares are held by Canalfin Infra Group (100%). It owns 100% of R.Derullieux & Fils SRL itself.
Directors
According to the 2025 annual accounts
since 2019 · until 2028
since 2025 · until 2028
Director · represented by Jean-Christophe Rihoux
since 2019 · until 2025
Director · represented by Bertrand Jardinet
Also active at: René DERULLIEUX et fils, We Connect Infra
since 2019 · until 2028
Fabian Labrozzo
Director
since 2019 · until 2028
Christophe Heinen
Director
since 2019 · until 2028
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue de l'Informatique 3
4460 Grâce-Hollogne
Rue de l'Informatique 3 B
4460 Grâce-Hollogne
Active since 25 October 1999
Rue du Château(TR) 85
6183 Courcelles
Active since 1 September 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →René DERULLIEUX et fils same network
€ 1.5 million revenue · 2025
MEGABEL
€ 99,198 gross margin · 2025
GEFOR same network
€ 1.5 million revenue · 2025
AM HYDROGAZ - COLAS
AM HYDROGAZ - TEGEC
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.257.990
- VAT number
- BE 0404.257.990
- Registered office
- Rue de l'Informatique 3, 4460 Grâce-Hollogne
- Names & denominations
- ENTREPRISES HYDROGAZ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 1952
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
Bouw van water- en gasdistributienetten
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Bouw van tunnels, bruggen, viaducten en dergelijke
Bouw van bruggen en tunnels
Algemene bouw van residentiële gebouwen
Sanitaire werkzaamheden
Optrekken van andere residentiële gebouwen en van kantoorgebouwen