ACTIVE

HYDRO-R&D International

Financial year 2025 · Closed on 31/12/2025

Net result11,7 k €-92,6 %over 1 year
Gross margin25,7 k €-87,3 %over 1 year
Equity209,4 k €+5,9 %over 1 year

Identity

Source · BCE/KBO

HYDRO-R&D International is a Private limited company incorporated in 2007. Its main activity is: Market research and public opinion polling. Its registered office is in Grez-Doiceau.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0892.595.483
Incorporation
28/09/2007
Legal form
Private limited company
Registered office
Av.Cte Jean Dumonceau 23
1390 Grez-Doiceau · WallonieSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin25,7 k €201,5 k €30,1 k €5,8 k €6,6 k €
EBITDA24,5 k €201,1 k €28,7 k €-2,2 k €-3,4 k €
Operating result17,9 k €195,4 k €23 k €-5,6 k €-3,4 k €
Net result11,7 k €159 k €22,6 k €-5,9 k €-3,6 k €
Balance sheet
Equity209,4 k €197,7 k €38,6 k €16 k €21,9 k €
Total assets376,2 k €725,6 k €534,7 k €623,7 k €741,6 k €
Cash200,4 k €215,4 k €143 k €90,6 k €114,2 k €
Debts166,8 k €527,9 k €496,1 k €607,7 k €719,7 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 4 ended

Active mandates

ERIC VANDEN BORRE

Manager · since 25 mai 2018 · until 30 juin 2020

Active
ERIC VANDEN BORRE

Manager · since 07 janvier 2017 · until 04 mai 2018

Active
ERIC VANDEN BORRE

Manager · since 07 janvier 2015 · until 06 janvier 2017

Active
ERIC VANDEN BORRE

Manager · since 08 janvier 2013 · until 08 janvier 2015

Active
ERIC VANDEN BORRE

Administrator - manager

Active

Ended mandates

Jean-Claude CEUPPENS

Manager · since 28 septembre 2011 · until 07 janvier 2013

Ended
Jean-Claude CEUPPENS

Manager · since 28 septembre 2011 · until 28 septembre 2013

Ended
Jean-Claude CEUPPENS

Manager · since 28 septembre 2009 · until 28 septembre 2011

Ended
Jean-Claude CEUPPENS

Manager · since 28 septembre 2007 · until 28 septembre 2009

Ended

Other companies at this address

Av.Cte Jean Dumonceau 23 1390 Grez-Doiceau
CompanyCBE no.
0666.759.687
CASH-TECH● Active
0759.830.791
0874.153.211
FIGIS● Active
0736.471.015
Nix Events● Active
0749.690.729
WOOD PASSION● Bankrupt
0849.996.053
ZUKO● Active
0450.815.022

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelMicro 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 date17/06/202626/08/202528/08/202408/08/202331/08/202226/11/2021
General meeting08/05/202606/08/202503/05/202405/05/202331/08/202228/10/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202508/05/202617/06/2026FrenchPDF
Micro model31/12/202406/08/202526/08/2025FrenchPDF
Micro model31/12/202303/05/202428/08/2024FrenchPDF
Abridged model31/12/202205/05/202308/08/2023FrenchPDF
Abridged model31/12/202131/08/202231/08/2022FrenchPDF
Micro model31/12/202028/10/202126/11/2021FrenchPDF
Micro model31/12/201901/05/202001/09/2020FrenchPDF
Micro model31/12/201803/05/201919/06/2019FrenchPDF
Micro model31/12/201704/05/201824/07/2018FrenchPDF
Micro model31/12/201605/05/201720/07/2017FrenchPDF
Abridged model31/12/201506/05/201629/07/2016FrenchPDF
Abridged model31/12/201401/05/201530/08/2015FrenchPDF
Abridged modelCorrection31/12/201302/05/201424/09/2014FrenchPDF
Abridged model31/12/201302/05/201401/08/2014FrenchPDF
Abridged model31/12/201203/05/201301/08/2013FrenchPDF
Abridged model31/12/201104/05/201217/07/2012FrenchPDF
Abridged model31/12/201006/05/201126/05/2011FrenchPDF
Abridged model31/12/200907/05/201014/06/2010FrenchPDF
Abridged model31/12/200802/05/200902/06/2009FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

ERIC VANDEN BORRE

Manager · since 25 mai 2018 · until 30 juin 2020

Active
ERIC VANDEN BORRE

Manager · since 07 janvier 2017 · until 04 mai 2018

Active
ERIC VANDEN BORRE

Manager · since 07 janvier 2015 · until 06 janvier 2017

Active
ERIC VANDEN BORRE

Manager · since 08 janvier 2013 · until 08 janvier 2015

Active
ERIC VANDEN BORRE

Administrator - manager

Active

Ended mandates

Jean-Claude CEUPPENS

Manager · since 28 septembre 2011 · until 07 janvier 2013

Ended
Jean-Claude CEUPPENS

Manager · since 28 septembre 2011 · until 28 septembre 2013

Ended
Jean-Claude CEUPPENS

Manager · since 28 septembre 2009 · until 28 septembre 2011

Ended
Jean-Claude CEUPPENS

Manager · since 28 septembre 2007 · until 28 septembre 2009

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/03/2023
    MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/07/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/02/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office29/01/2016
    SIEGE SOCIAL
    PDF
  • Mandates31/03/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/02/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/11/2011
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202511,7 k €↓
  2. 2024
    Annual accounts 2024159 k €↑
  3. 2023
    Annual accounts 202322,6 k €↑
  4. 2022
    Annual accounts 2022-5,9 k €↓
  5. 2021
    Annual accounts 2021-3,6 k €↑
  6. 2020
    Annual accounts 2020-42,7 k €↑
  7. 2019
    Annual accounts 2019-73,6 k €↓
  8. 2018
    Annual accounts 2018-10,5 k €↑
  9. 2017
    Annual accounts 2017-26,8 k €↓
  10. 2016
    Annual accounts 201610,4 k €↓
  11. 2015
    Annual accounts 201534,5 k €↓
  12. 2014
    Annual accounts 201445,5 k €↑
  13. 2013
    Annual accounts 2013-10,9 k €↓
  14. 2012
    Annual accounts 20121,8 k €↓
  15. 2011
    Annual accounts 20119,6 k €↓
  16. 2010
    Annual accounts 201028,1 k €↓
  17. 2009
    Annual accounts 200929 k €↑
  18. 2008
    Annual accounts 200817,3 k €
  19. 28/09/2007
    IncorporationPrivate limited company