ACTIVE

HYDROWAL

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €+0,3 %over 1 year
Revenue1,8 M €+0,3 %over 1 year
Equity3,7 M €+0,3 %over 1 year

Identity

Source · BCE/KBO

HYDROWAL is a Public limited company incorporated in 1980. Its main activity is: Distribution of gaseous fuels through mains. Its registered office is in Zaventem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0420.552.210
Incorporation
29/04/1980
Legal form
Public limited company
Registered office
Hermeslaan 11
1932 Zaventem · FlandreSee on map
Contributed capital
2 354 988,49 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue1,8 M €1,8 M €1,7 M €1,7 M €1,6 M €
EBITDA1,7 M €1,7 M €1,7 M €1,7 M €1,6 M €
Operating result1,7 M €1,7 M €1,7 M €1,7 M €1,6 M €
Net result1,3 M €1,3 M €1,3 M €1,3 M €1,2 M €
Balance sheet
Equity3,7 M €3,6 M €3,6 M €3,6 M €3,7 M €
Total assets5 M €5 M €5,1 M €5,1 M €6,3 M €
Cash–––––
Debts1,3 M €1,4 M €1,5 M €1,5 M €2,6 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 20 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Gilles LE VAN
Director25/08/2025 → 26/06/2026
Alain LE BORGNE
Director08/11/2019 → 26/06/2026
Pierre COSTA DE BEAUREGARD
Director01/09/2024 → 26/06/2026
Xavier PONTONE
Director01/04/2023 → 26/06/2026
Christophe CHALIER
Chairman of the board of directors01/09/2024 → 01/09/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexander ARKHIPOV
Director16/06/2023 → 01/09/2024
Frédéric DESPREAUX
Chairman of the board of directors16/06/2023 → 01/09/2024

Other companies at this address

Hermeslaan 11 1932 Zaventem
CompanyCBE no.
AIR LIQUIDE INDUSTRIES BELGIUM● Active
0457.652.730
AIR LIQUIDE LARGE INDUSTRY● Active
0471.356.949
AIR LIQUIDE MEDICAL● Active
0436.888.493
DENSO Belgium● Active
0471.476.814
Fonds d'assainissement des sols des citernes à gasoil à des fins de chauffage● Active
0726.647.586
FONDS D'ASSAINISSEMENT DES SOLS DES STATIONS - SERVICE - BODEMSANERINGSFONDS VOOR BENZINESTATIONS● Active
0474.553.197
L'Air liquide Belge● Active
0404.222.556
MARKETING & SALES INVEST● Active
0716.890.772
MindsInvest● Active
0775.624.074
MINDS&MORE● Active
0824.312.730
Moore Corporate Finance● Active
0463.402.256
PFIZER SERVICE COMPANY● Active
0478.242.365
PFIZER VAT GROUP BELGIUM● Active
0846.133.968
Recupel● Active
0473.923.093
SUMITOMO CHEMICAL EUROPE S.A./N.V.● Active
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SUMITOMO SEIKA EUROPE● Active
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Swedish Orphan Biovitrum (Belgium)● Active
0536.217.087

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/07/202601/07/202519/06/202428/06/202313/06/202216/06/2021
General meeting14/07/202616/06/202510/06/202416/06/202327/05/202227/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202514/07/202614/07/2026DutchPDF
Full model31/12/202416/06/202501/07/2025FrenchPDF
Full model31/12/202310/06/202419/06/2024FrenchPDF
Full model31/12/202216/06/202328/06/2023FrenchPDF
Full model31/12/202127/05/202213/06/2022FrenchPDF
Full model31/12/202027/05/202116/06/2021FrenchPDF
Full model31/12/201926/05/202008/07/2020FrenchPDF
Full model31/12/201827/05/201931/05/2019FrenchPDF
Full model31/12/201728/05/201812/06/2018FrenchPDF
Full model31/12/201609/05/201712/06/2017FrenchPDF
Full model31/12/201510/05/201629/06/2016FrenchPDF
Full model31/12/201426/05/201527/07/2015FrenchPDF
Full model31/12/201313/05/201429/10/2014FrenchPDF
Full model31/12/201214/05/201329/07/2013FrenchPDF
Full model31/12/201108/05/201224/07/2012FrenchPDF
Full model31/12/201029/06/201105/09/2011FrenchPDF
Full model31/12/200911/05/201012/07/2010FrenchPDF
Full model31/12/200812/05/200916/07/2009FrenchPDF
Full model31/12/200713/05/200802/07/2008FrenchPDF
Full model31/12/200608/05/200712/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 20 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Gilles LE VAN
Director25/08/2025 → 26/06/2026
Alain LE BORGNE
Director08/11/2019 → 26/06/2026
Pierre COSTA DE BEAUREGARD
Director01/09/2024 → 26/06/2026
Xavier PONTONE
Director01/04/2023 → 26/06/2026
Christophe CHALIER
Chairman of the board of directors01/09/2024 → 01/09/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexander ARKHIPOV
Director16/06/2023 → 01/09/2024
Frédéric DESPREAUX
Chairman of the board of directors16/06/2023 → 01/09/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/08/2026
    Benoeming van een nieuwe vertegenwoordiger van de commissaris -
    PDF
  • Registered office03/10/2025
    MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Mandates03/08/2023
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings16 filings
Mandates
Gilles LE VAN
Pierre COSTA DE BEAUREGARD
Alain LE BORGNE
Xavier PONTONE
Christophe CHALIER
Frédéric DESPREAUX
Alexander ARKHIPOV
Gerrit Jan TEN CATE
Amine HOUSSAIM
Floris MACKOR
Paolo SERVETTO
Vincent SERAIN
19801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
HYDROWAL
Hermeslaan 11, 1932 Sint-Stevens-WoluweAVENUE DU BOURGET 44, 1130 Haren
Director
Director
Director
Director
Chairman of the board of directors
Chairman of the board of directors
Director
Director
DirectorManaging director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Hermeslaan 11, 1932 Sint-Stevens-WoluweCurrent
accounts 2025
Accounts 2025 · 2026-00314441
AVENUE DU BOURGET 44, 1130 Haren
accounts 2021 → 2024
Accounts 2024 · 2025-00244187

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
HYDROWALCurrent
accounts 2010 → 2025
Accounts 2025 · 2026-00314441

Events

  1. 2025
    Annual accounts 20251,3 M €↑
  2. 2024
    Annual accounts 20241,3 M €↑
  3. 2023
    Annual accounts 20231,3 M €↑
  4. 2022
    Annual accounts 20221,3 M €↑
  5. 2021
    Annual accounts 20211,2 M €↑
  6. 2020
    Annual accounts 20201,1 M €↑
  7. 2019
    Annual accounts 20191 M €↑
  8. 2018
    Annual accounts 20181 M €↑
  9. 2017
    Annual accounts 2017943,1 k €↓
  10. 2016
    Annual accounts 2016980,5 k €↓
  11. 2015
    Annual accounts 20151 M €↓
  12. 2014
    Annual accounts 20141 M €↑
  13. 2013
    Annual accounts 20131 M €↑
  14. 2012
    Annual accounts 20121 M €↑
  15. 2011
    Annual accounts 20111 M €↓
  16. 2010
    Annual accounts 20101 M €
  17. 29/04/1980
    IncorporationPublic limited company