Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2021, 2022.
Financials
Financial year 2024
HYDRANT REFUELLING SYSTEM from Zaventem, company number BE0441341882, closed financial year 2024 with a result of € 254,736 after tax. For that financial year HYDRANT REFUELLING SYSTEM recorded revenue of € 6.4 million and equity of € 763,516. Compared with financial year 2023, the result moved from € 2.6 million to € 254,736. The company is profitable. The buffer shrank hard: equity is 79 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2025.
€ 763,516
▼ 79% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 254,736
▼ 90% vs 2023
Profit after tax over the fiscal year.
€ 1.2 million
▼ 75% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 1.8 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
14.8
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 983,890
▼ 46% vs 2023
€ 66,500 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.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 93,377
▼ 81% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 422,751
▼ 75% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 7,455,288 | € 9,733,242 | € 10,006,379 | € 6,401,693 | ▼ 36% |
| Profit after taxes | € 945,551 | € 2,665,204 | € 2,574,752 | € 254,736 | ▼ 90% |
| Equity | € 1,908,781 | € 3,573,985 | € 3,558,781 | € 763,516 | ▼ 79% |
| Total debts | € 6,835,184 | € 7,864,967 | € 5,640,006 | € 2,225,780 | ▼ 61% |
| Cash | € 2,937,022 | € 6,114,383 | € 4,964,669 | € 1,248,322 | ▼ 75% |
| Land & buildings | € 4,259,398 | € 2,442,546 | € 2,533,496 | € 0 | ▼ 100% |
| Retained profit | € 173,526 | € 1,838,730 | € 1,823,526 | € 300,261 | ▼ 84% |
| Dividend | € 1,126,701 | € 1,000,000 | € 2,589,956 | € 1,778,000 | ▼ 31% |
| Bank debt | € 1,348,394 | € 249,923 | € 0 | € 0 | |
| Balance sheet total | € 9,061,612 | € 11,455,072 | € 10,198,787 | € 2,989,296 | ▼ 71% |
| Employees (FTE) | 14.5 | 14.8 | 14.7 | 14.8 | ▲ 0.1 |
Key figures of HYDRANT REFUELLING SYSTEM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to HYDRANT REFUELLING SYSTEM?
What happened at HYDRANT REFUELLING SYSTEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gregory Selleslagh stepped down as director. NBB
- BART KINNAERT stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 254,736 (▼ 90% vs 2023). Source: NBB ↗
- Gregory Selleslagh became a director. NBB
- Christoph Lindke stepped down as director. NBB
- Wivabe Services BV stepped down as director. NBB
- BART KINNAERT became a director. NBB
- Christoph Lindke became a director. NBB
In short
From € 945,551 profit in 2021 to € 254,736 profit in 2024.
Paid € 2.1 million in corporate taxes since 2021.
Best year ever: 2022, with € 2.7 million profit.
Paid out € 6.5 million in dividends to the owners in total.
Management
The shares are held by Skytanking Holding GMBH (70.1%), TUI BELGIUM (25%), Brussels Airlines (4.9%) and EUROPEAN AIR TRANSPORT LEIPZIG GmbH (0%).
Directors
According to the 2024 annual accounts
Director · represented by Wim Van Besien
Also active at: TUI Belgium Real Estate, TUI Belgium, TUI Belgium Retail, TEC4JETS, PATS, BELGIAN TRAVEL NETWORK, TUI TECHNOLOGY, TUI AIRLINES BELGIUM
since 2021 · until 2024
since 2024 · until 2030
since 2023 · until 2025
Gregory Selleslagh
Director
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ikaroslaan 17
1930 Zaventem
Luchthaven Brussel Nationaal ZN
1930 Zaventem
Active since 9 August 1990
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.341.882
- VAT number
- BE 0441.341.882
- Registered office
- Ikaroslaan 17, 1930 Zaventem
- Names & denominations
- HYDRANT REFUELLING SYSTEM · HRS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1990
- Peppol
- Active · Active since 26 Mar 2026
- Activities · NACE
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten