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BePowered

Active
Private limited companyfounded 201214 yrs activeBeekhoek 34, 2440 Geel, BelgiumKBO/BCE: BE 0846.773.376
Summary

BePowered has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €194,686 and a net result of €26,108. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability74▼-10
Solvency54▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.87 in 2024; short-term debt: 43% and cash: 2.8% of total assets), and 70.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
29.5%
Return on assets
4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
7 d late
2023
111 d late
2022
on the day
2021
14 d early
2020
145 d late
2019
9 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BePowered was incorporated on 19 June 2012.1 Total assets rose from EUR 255,455 in 2018 to EUR 660,128 in 2025 and headcount from 1 to 1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€194,686▲ 2.0%
2024 · €190,802
Total assets
€660,128▲ 4.0%
2024 · €634,988
Net result
€26,108▼ 66.1%
2024 · €77,095
Working capital
-€109,819▼ 225%
2024 · -€33,809
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€82,138▼ 26.3%-€4,183▲ 94.9%€39,720€85,371▲ 115%€21,068▼ 75.3%
Net result-€89,091▼ 36.3%-€11,615▲ 87.0%€30,346€77,095▲ 154%€26,108▼ 66.1%
Equity€35,951▼ 53.3%€33,711▼ 6.2%€113,707▲ 237%€190,802▲ 67.8%€194,686▲ 2.0%
Total assets€403,419▲ 40.2%€385,315▼ 4.5%€528,693▲ 37.2%€634,988▲ 20.1%€660,128▲ 4.0%
Debt€347,962▲ 68.0%€328,972▼ 5.5%€375,805▲ 14.2%€405,004▲ 7.8%€433,668▲ 7.1%
Working capital-€119,698▼ 122%-€229,300▼ 91.6%-€37,496▲ 83.6%-€33,809▲ 9.8%-€109,819▼ 225%
Staff (FTE)2.2▲ 10.0%1.5▼ 31.8%1▼ 33.3%1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000€100,000Operating result 2021: -€82,138-€82,138Net result 2021: -€89,091-€89,091Operating result 2022: -€4,183-€4,183Net result 2022: -€11,615-€11,615Operating result 2023: €39,720€39,720Net result 2023: €30,346€30,346Operating result 2024: €85,371€85,371Net result 2024: €77,095€77,095Operating result 2025: €21,068€21,068Net result 2025: €26,108€26,10820212022202320242025€0€25,000€50,000€75,000Operating result 2023: €39,720€39,700Net result 2023: €30,346€30,300Operating result 2024: €85,371€85,400Net result 2024: €77,095€77,100Operating result 2025: €21,068€21,100Net result 2025: €26,108€26,100202320242025
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €660,128
Fixed assets €486,279 ▲ 17.4%
Current assets €173,849 ▼ 21.2%
Equity and liabilities €660,128
Equity €194,686 ▲ 2.0%
Provisions €31,774 ▼ 18.9%
Debt €433,668 ▲ 7.1%
Debt's share of the balance-sheet total rises from 63.8% to 65.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€55,479▼
2024 · €85,371
Cash flow
€60,519▼
2024 · €77,095
Current ratio
0.61▼
2024 · 0.87
Quick ratio
0.54▼
2024 · 0.77
Debt to equity
2.23▲
2024 · 2.12
ROE
13.4%▼
2024 · 40.4%
ROA
4.0%▼
2024 · 12.1%
Interest coverage
7.12▼
2024 · 10.71
Debt ≤ 1 year
€283,668▲
2024 · €254,493
Debt > 1 year
€150,000=
2024 · €150,000
Income taxes
€282▼
2024 · €302
Staff costs
€55,351▲
2024 · €45,116
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€634,988€660,128▲
Fixed assets21/28€414,304€486,279▲
Intangible fixed assets21€414,304€486,279▲
Current assets29/58€220,684€173,849▼
Stocks and contracts in progress3€24,480€22,027▼
Stocks30/36€24,480€22,027▼
Amounts receivable within one year40/41€95,130€120,060▲
Trade receivables40€95,130€120,060▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€25,417€18,415▼
Deferred charges and accrued income490/1€75,657€13,348▼
Equity and liabilities
Total equity and liabilities10/49€634,988€660,128▲
Equity10/15€190,802€194,686▲
Contributions10/11€18,600€18,600=
Reserves13€113,010€113,010=
Non-distributable reserves130/1€1,860€0▼
Reserves not available under the articles1311€1,860€0▼
Distributable reserves133€111,150€113,010▲
Profit (loss) carried forward14-€58,353-€32,245▲
Investment grants15€117,545€95,322▼
Provisions and deferred taxes16€39,182€31,774▼
Deferred taxes168€39,182€31,774▼
Amounts payable17/49€405,004€433,668▲
Amounts payable after more than one year17€150,000€150,000=
Financial debts170/4€150,000€150,000=
Amounts payable within one year42/48€254,493€283,668▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€71,099€115,101▲
Suppliers440/4€71,099€115,101▲
Taxes, remuneration and social security45€12,564€16,484▲
Taxes450/3€7,464€9,282▲
Remuneration and social security454/9€5,100€7,201▲
Other amounts payable47/48€170,831€152,084▼
Accrued charges and deferred income492/3€511€0▼
Income statement Code20242025
Remuneration, social security and pensions62€45,116€55,351▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€34,412▲
Other operating charges640/8€514€520▲
Gross operating margin9900€131,001€111,350▼
Operating profit (loss)9901€85,371€21,068▼
Financial income75/76B€0€9,932▲
Recurring financial income75€0€9,932▲
Financial charges65/66B€7,974€7,791▼
Recurring financial charges65€7,974€7,791▼
Profit (loss) for the period before taxes9903€77,397€23,209▼
Transfer from deferred taxes780-€3,181
Income taxes67/77€302€282▼
Profit (loss) for the period9904€77,095€26,108▼
Profit (loss) for the period to be appropriated9905€77,095€26,108▼
Appropriation of the result
Profit (loss) to be appropriated9906-€58,353-€32,245▲
Profit (loss) brought forward from the previous period14P-€135,448-€58,353▲

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€83,259€54,670€44,001€45,116€55,351▲ 22.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,511€17,511€11,778€0€34,412-
Other operating charges640/8€101€818€493€514€520▲ 1.1%
Gross operating margin9900€18,734€68,817€95,992€131,001€111,350▼ 15.0%
Operating profit (loss)9901-€82,138-€4,183€39,720€85,371€21,068▼ 75.3%
Financial income75/76B€242€21€7€0€9,932▲ 33,105,367%
Recurring financial income75€242€21€7€0€9,932▲ 33,105,367%
Financial charges65/66B€6,924€7,191€9,121€7,974€7,791▼ 2.3%
Recurring financial charges65€6,924€7,191€9,121€7,974€7,791▼ 2.3%
Profit (loss) for the period before taxes9903-€88,820-€11,353€30,607€77,397€23,209▼ 70.0%
Transfer from deferred taxes780----€3,181-
Income taxes67/77€271€261€261€302€282▼ 6.5%
Profit (loss) for the period9904-€89,091-€11,615€30,346€77,095€26,108▼ 66.1%
Profit (loss) for the period to be appropriated9905-€89,091-€11,615€30,346€77,095€26,108▼ 66.1%
Line20212022202320242025Change
Assets
Total assets20/58€403,419€385,315€528,693€634,988€660,128▲ 4.0%
Fixed assets21/28€243,976€297,987€346,725€414,304€486,279▲ 17.4%
Intangible fixed assets21€214,686€286,209€346,725€414,304€486,279▲ 17.4%
Tangible fixed assets22/27€29,289€11,778----
Plant, machinery and equipment23€539€269----
Furniture and vehicles24€28,750€11,508----
Current assets29/58€159,444€87,328€181,968€220,684€173,849▼ 21.2%
Stocks and contracts in progress3--€26,667€24,480€22,027▼ 10.0%
Stocks30/36--€26,667€24,480€22,027▼ 10.0%
Amounts receivable within one year40/41€131,310€71,523€81,095€95,130€120,060▲ 26.2%
Trade receivables40€109,881€71,523€80,046€95,130€120,060▲ 26.2%
Other amounts receivable41€21,429-€1,049€0--
Cash at bank and in hand54/58€26,574€14,337€81€25,417€18,415▼ 27.5%
Deferred charges and accrued income490/1€1,559€1,468€74,126€75,657€13,348▼ 82.4%
Equity and liabilities
Total equity and liabilities10/49€403,419€385,315€528,693€634,988€660,128▲ 4.0%
Equity10/15€35,951€33,711€113,707€190,802€194,686▲ 2.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€113,010€113,010€113,010€113,010€113,010=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€0▼ 100%
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€0▼ 100%
Distributable reserves133€111,150€111,150€111,150€111,150€113,010▲ 1.7%
Profit (loss) carried forward14-€154,179-€165,793-€135,448-€58,353-€32,245▲ 44.7%
Investment grants15€58,520€67,895€117,545€117,545€95,322▼ 18.9%
Provisions and deferred taxes16€19,507€22,632€39,182€39,182€31,774▼ 18.9%
Deferred taxes168€19,507€22,632€39,182€39,182€31,774▼ 18.9%
Amounts payable17/49€347,962€328,972€375,805€405,004€433,668▲ 7.1%
Amounts payable after more than one year17€67,650€10,688€150,000€150,000€150,000=
Financial debts170/4€67,650€10,688€150,000€150,000€150,000=
Amounts payable within one year42/48€279,142€316,628€219,464€254,493€283,668▲ 11.5%
Current portion of amounts payable after more than one year42€69,801€56,963€10,688€0--
Financial debts43€75,000€100,000----
Credit institutions430/8€75,000€100,000----
Trade debts44€98,647€86,813€68,495€71,099€115,101▲ 61.9%
Suppliers440/4€98,647€86,813€68,495€71,099€115,101▲ 61.9%
Taxes, remuneration and social security45€13,533€14,566€5,271€12,564€16,484▲ 31.2%
Taxes450/3€5,025€10,239€367€7,464€9,282▲ 24.4%
Remuneration and social security454/9€8,508€4,327€4,904€5,100€7,201▲ 41.2%
Other amounts payable47/48€22,161€58,287€135,011€170,831€152,084▼ 11.0%
Accrued charges and deferred income492/3€1,170€1,656€6,341€511€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904-€89,091-€11,615€30,346€77,095€26,108▼ 66.1%
+ Depreciation and write-downs630€17,511€17,511€11,778€0€34,412-
Operating cash flow (approximation)-€71,580€5,897€42,123€77,095€60,519▼ 21.5%
Investment in fixed assets (approximation)--€71,523-€60,516-€67,579-€106,387▼ 57.4%
Change in cash--€12,237-€14,256€25,336-€7,002▼ 128%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
07-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial Highest result since 2018net €77,095 ▲154%
Operating result €85,371, net result €77,095, both a record.
31-12
Financial Equity above €150,000Eq €190,802 ▲67.8%
2 profitable years in a row build equity to €190,802.
19-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 111 days late
2023
31-12
Financial Back to profitnet €30,346
Net result €30,346 after 3 loss-making years.
31-12
Financial Equity above €100,000Eq €113,707 ▲237%
Equity rises from €33,711 to €113,707.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
17-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€89,091
Net result drops to -€89,091, the lowest in the series; recovery starts the following year.
23-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 145 days late
2020
22-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
05-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
720 m²
Building footprint
151 m²
Volume, LiDAR
1,152 m³
Parcel 13372B0689/00T002, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BePowered
Beekhoek 34, 2440 GeelManufacture of electrical equipment
since 20122.210.522.112
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13372B0689/00T002 Flanders 720 m² 1 · 151 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 11,571 companies in sector 71121 we hold annual accounts for 6,563. 5,133 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-06-2012
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
62100Computer programming

Scores and ratios are computed by Checked and are not a credit decision.