This document provides a method for on-board monitoring and on-ground diagnosis of a hydromechanical actuation loop such as those found in aircraft engines. First, a complete system analysis is performed to understand its behaviour and determine the main degradation modes. Then, system health indicators are defined and a method for their real time on-board extraction is addressed. Diagnosis is performed on-ground through classification of degradation signatures. To parameterize on-ground treatment, both a reference healthy state of indicators and degradations signatures are needed. The healthy distribution of indicators is obtained from data and a physics-based model is used to simulate degradations, quantify indicators sensibility and construct the signatures database. At last, algorithms are deployed and a statistical validation of the performances is conducted.