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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
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HYDROWAL from Zaventem, company number BE0420552210, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year HYDROWAL recorded revenue of € 1.8 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.3 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 July 14, 2026.
€ 3.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
Profit after tax over the fiscal year.
€ 1.3 million paid out
99 % of the profit went to the shareholders, mostly to AIR LIQUIDE INDUSTRIES BELGIUM (100 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,739
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.
€ 41,318
▼ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,695,747 | € 1,743,832 | € 1,753,356 | € 1,759,258 | |
| Profit after taxes | € 1,262,056 | € 1,302,871 | € 1,305,924 | € 1,310,389 | |
| Equity | € 3,632,673 | € 3,635,544 | € 3,641,468 | € 3,651,857 | |
| Total debts | € 1,513,176 | € 1,457,410 | € 1,404,885 | € 1,343,057 | ▼ 4% |
| Retained profit | € 1,277,684 | € 1,280,555 | € 1,286,479 | € 1,296,869 | ▲ 1% |
| Dividend | € 1,300,000 | € 1,300,000 | € 1,300,000 | € 1,300,000 | |
| Balance sheet total | € 5,145,848 | € 5,092,953 | € 5,046,353 | € 4,994,914 | ▼ 1% |
Key figures of HYDROWAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HYDROWAL?
What happened at HYDROWAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million. Source: NBB ↗
- Gilles LE VAN stepped down as director. NBB
- Alain LE BORGNE stepped down as director. NBB
- Xavier PONTONE stepped down as director. NBB
- Pierre COSTA DE BEAUREGARD stepped down as director. NBB
- Christophe CHALIER stepped down as director. NBB
- Gilles LE VAN became a director. NBB
- Alain LE BORGNE became a director. NBB
In short
From € 1.3 million profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
Paid out € 5.2 million in dividends to the owners in total.
Management
The shares are held by AIR LIQUIDE INDUSTRIES BELGIUM (100%) and L'AIR LIQUIDE BELGE (0%).
Directors
According to the 2025 annual accounts
Gilles LE VAN
Director
since 2025 · until 2026
since 2025 · until 2026
since 2025 · until 2026
Christophe CHALIER
Chairman of the board
Also active at: AIR LIQUIDE INDUSTRIES BELGIUM, AIR LIQUIDE LARGE INDUSTRY, Société Européenne de Gestion de l'Energie
since 2024 · until 2025
Pierre COSTA DE BEAUREGARD
Director
Also active at: AIR LIQUIDE INDUSTRIES BELGIUM, AIR LIQUIDE LARGE INDUSTRY
since 2025 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hermeslaan 11
1932 Zaventem
Vorstlaan 280
1160 Oudergem
Active since 14 November 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →L'Air liquide Belge same network
€ 126.7 million revenue · 2025
AIR LIQUIDE MEDICAL
€ 33.6 million revenue · 2025
SUMITOMO CHEMICAL EUROPE S.A./N.V.
€ 239.3 million revenue · 2026
AIR LIQUIDE INDUSTRIES BELGIUM same network
€ 573.8 million revenue · 2025
Moore Corporate Finance
€ 7.4 million revenue · 2025
+12 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
- 0420.552.210
- VAT number
- BE 0420.552.210
- Registered office
- Hermeslaan 11, 1932 Zaventem
- Names & denominations
- HYDROWAL · Hydrowal
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 1980
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Distributie van gasvormige brandstoffen via leidingen
Distributie van en handel in gasvormige brandstoffen via leidingen