Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
Financials
Financial year 2025
HYDROMASTERS from Ieper, company number BE0765942187, closed financial year 2025 with a result of € -61,002 after tax. For that financial year HYDROMASTERS recorded a gross margin of € -21,127 and equity of € -33,485. Compared with financial year 2024, the result moved from € 304 to € -61,002. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ -33,485
▼ € 61,002 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,002
▼ still € 304 profit in 2024
Profit after tax over the fiscal year.
€ 102,760
▲ 275% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -43,485.
Debts at end 2025
€ 376,667
▼ 5% vs 2024
€ 20,000 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 261,713
▲ € 260,555 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77
▼ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 34,342 | € 31,945 | € 38,608 | € -21,127 | ▼ € 59,736 |
| Profit after taxes | € 14,657 | € 2,556 | € 304 | € -61,002 | ▼ € 61,307 |
| Equity | € 24,657 | € 27,213 | € 27,517 | € -33,485 | ▼ € 61,002 |
| Total debts | € 104,386 | € 118,393 | € 407,336 | € 642,586 | ▲ 58% |
| Cash | € 70,727 | € 87,385 | € 27,400 | € 102,760 | ▲ 275% |
| Land & buildings | - | - | € 300,003 | € 288,601 | ▼ 4% |
| Retained profit | € 14,657 | € 17,213 | € 17,517 | € -43,485 | ▼ € 61,002 |
| Bank debt | € 100,000 | € 100,000 | € 396,667 | € 376,667 | ▼ 5% |
| Balance sheet total | € 129,043 | € 145,606 | € 434,853 | € 609,101 | ▲ 40% |
Key figures of HYDROMASTERS, 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 HYDROMASTERS?
What happened at HYDROMASTERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 61,002 (▼ € 61,307 vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Patrick Heughebaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,657 profit in 2022 to € 61,002 loss in 2025.
Best year ever: 2022, with € 14,657 profit.
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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
Behind HYDROMASTERS are Heva Engineering BV BV, Nancy Vancaeyzeele, Patrick Heughebaert, Reo Veiling CV CV and Algemeen Technisch management Vennootschap BV. Heva Engineering BV BV is also behind DEWILDE ENGINEERING. Patrick Heughebaert is also behind DEWILDE ENGINEERING and HEVA ENGINEERING. Reo Veiling CV CV is also behind TUINBOUW AFZETCOOPERATIE WESTHOEK and REJO FRESH.
Directors
According to the 2025 annual accounts
Director · represented by Heughebaert Patrick
Also active at: DEWILDE ENGINEERING
Nancy Vancaeyzeele
Director
since 2021
Director · represented by Decadt Rik
Also active at: TUINBOUW AFZETCOOPERATIE WESTHOEK, REJO FRESH
Algemeen Technisch management Vennootschap BV
Director · represented by Sinaeve Johan
Establishments
Establishment units
Physical locations of this company
Oostkaai 20 box C
8904 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0765.942.187
- VAT number
- BE 0765.942.187
- Registered office
- Oostkaai 20 bus C, 8904 Ieper
- Names & denominations
- HYDROMASTERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2021
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Vervaardiging van machines voor de landbouw en de bosbouw
Vervaardiging van metalen constructiewerken en delen daarvan