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BEL POWER

Active
Private limited companyfounded 20187 years activeMeilaan 94, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0715.706.184
Summary

BEL POWER has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,479 and a net result of €78,160. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 9,546 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€431,750total assets 2025
Staff
3.8 FTE
Equity
€119,479
Profit
€78,160
Financial health
65 Healthy Checked score 2025
Bankruptcy probability, 12 months
1.4%
Structure
Board
2 members
Accounts filed 60 days late1 of 4 deeds read
Why 65- Latest accounts 60 days late; 2 of the last 3 late- Size: 3.8 FTE, total assets €431,750- Founded in 2018+ Liquidity: current ratio 1.48, cash €163,559Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 56% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 53-20
equity 27.7% of total assets
Liquidity 79+5
short-term debt 39.4% · cash 37.9%
Profitability 91-3
return on assets 18.1%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.2%▼ -0.2 percentage points vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.3%▲ +0.1 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 2.2%▲ +0.9 percentage points vs 07-2025 09-2025: 2.5%▲ +0.3 percentage points vs 08-2025highest value 10-2025: 1.1%▼ -1.4 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 0.9%▼ -0.2 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026lowest value 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 1.0%▲ +0.1 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.8%▲ +0.7 percentage points vs 07-2026 09-2026: 2.0%▲ +0.2 percentage points vs 08-2026 10-2026: 1.4%▼ -0.6 percentage points vs 09-2026
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.91 in 2024; short-term debt: 39.4% and cash: 37.9% of total assets), and 72.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 29% on solvency, 77% on liquidity, 77% on profitability and 42% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 60 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 1.48, cash €163,559
NBB · annual accounts
raises risk · Size: 3.8 FTE, total assets €431,750
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2018
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
60 days late
2024
60 days late
2023
21 days late
2022
101 days late
2021
109 days late
2020
31 days late
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 50 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 September (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Resignations: Luc LAPAILLE (manager) and David…Appointments: Luc LAPAILLE (non-statutory director)…
  3. Highest result since 2019net €78,160 ▲62.9%

Key points

  • Positive: 7 profitable years in a rowprofit 2025: €78,160 7 years View
  • New directorslatest change 12-01-2026 · 2 in office 2 joined View
  • Total assets 20256 fiscal years filed €431,750 View

By topic

Financials

Fiscal year
2025
Total assets
€431,750
Profit
€78,160
Solvency
27.7%
Total assets▲ 78.6%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2020
Next accounts
by 31-07-2027
  1. 29-09-2025Annual accounts filed
  2. 21-08-2024Annual accounts filed
  3. 31-12-2023Equity above €100,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
11-12-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
28
Annual meeting
First Friday of June at 18:00
Purpose
Toutes les opérations de vidange,assainissement,nettoyage,curage des fosses septiques,de…
Go to Articles of association

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