Result
€844,603 ▼ 82.5%
The result fell in 2025: the 2024 profit included a one-off income of €7.7m.
POWERGRAPH
Lifetime
19 annual accounts with figures on one time axis, 29 filings since 1996peak €436,976 (2016)
-not published
lowest -€6.8m (2017)
€844,603▼ 82.5%
peak €65.2m (2012)
€40.1m▲ 2.2%
€578,640▲ 101%
Board6 names since 2010
2 directorsBrigitte NOËL and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025financial year
Result from €4.8m to €844,603Debts from €287,976 to €578,640Cash from €970,579 to €26,854
Key points
from the 2025 annual accountsDebts
€578,640 ▲ 101%
Debts rose by €290,664 in 2025.
Payment terms
122 days to suppliers
POWERGRAPH pays its suppliers 90 days later than in 2024. Customers pay 5 days earlier.
Filings
29 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Group
8 companies controlled
Heads a group.
Position in the sector
€40.1m
More equity than 91% of companies in head offices and management consultancy. Sector median €1.1m · 3,873 companies.
Checked score
83
Excellent
Financially stronger than 54% of large companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 204 companies (NACE 70, large).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.0%▼ -0.1 percentage points vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.2%▲ +0.2 percentage points vs 07-2025
09-2025: 1.5%▲ +0.3 percentage points vs 08-2025
10-2025: 2.4%▲ +0.9 percentage points vs 09-2025highest value
11-2025: 0.4%▼ -2.0 percentage points vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.2 percentage points vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 7.05, cash €26,854, halved
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
lowers risk
Founded in 1995
Size: turnover €813,040, total assets €45.0m
Calculation
The band follows from the bankruptcy probability. 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 70, large). It does better than 75% of them on solvency, 48% on liquidity, 54% on profitability and 41% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.05 (14.82 in 2024), above the usual 1.5. Short-term debt is 1% and cash 0.1% of total assets. 10.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €40.1m
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
63 days late
2023
61 days late
2022
94 days late
2021
46 days late
2020
58 days late
2019
299 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 97 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Shares in 6 companies, including Star Labs LTD and Congra Software SARL
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454469744
Registered office moved within Sint-Martens-Latem
New registered office: Pijkenaas 17, 9830 Sint-Martens-Latem, België · Previous registered office: Zuylenveld 10, 9830 Sint-Martens-Latem · Board meeting of 24-05-2024 · Gazette deed
2 directors appointed, 1 manager resigning
Changes of role: Guido VAN DER SCHUEREN (managing director) and Brigitte NOËL (statutory director) · Resignation: Marc ECKER (manager) · Appointments: Guido VAN DER SCHUREN (statutory director) and Floris DE RUYCK (director) · General meeting of 21-12-2023 · Gazette deed
Permanent representatives: Brecht Deketele and Marleen Mannekens
Board meeting of 05-07-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| POWERGRAPH Sint-Martens-Latem | €0.8m | 49.8% | 89.2% | - |
| AXIAL INVEST Genappe | €0.7m | - | 53.6% | 6.7 |
| OBSERVATORIUM Ixelles | €1.1m | 20.5% | 83.2% | 3.6 |
| HOBEFI Brussels | €1.1m | 83.5% | 90.2% | 19.3 |
| GERMANUS Leuven | €1.1m | -59.3% | 45.4% | 1 |
| JC WIBO Dilbeek | €1.3m | -3.4% | 97.1% | 5.3 |
| BWW INVEST Heusden-Zolder | €1.3m | 59.7% | 88.1% | 1.9 |
Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as POWERGRAPH: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €32m and €58m, founded between 1989 and 2000.
Official details
Source: KBO- Status
- Active since 08-02-1995Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.070.510.5309830 Sint-Martens-Latem, since 28-02-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 09-02-2026
Companies linked to POWERGRAPH
Subsidiaries and holdings
- Monni50.32%
- eXplio50%
- XEOS MEDICAL15.98%
- 3D-SIDE15.22%
Insights on POWERGRAPH
POWERGRAPH has existed since 1995. The gross margin fell from €280,218 in 2007 to €100,796 in 2009.
In January 2024, the Official Gazette published the appointment of Guido VAN DER SCHUEREN as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about POWERGRAPH
- What is the company number of POWERGRAPH?
- The company number of POWERGRAPH is 0454.469.744. The VAT number is the same number with BE in front: BE 0454.469.744.
- Where is POWERGRAPH based?
- The registered office is at Pijkenaas 17, 9830 Sint-Martens-Latem.Company details
- What does POWERGRAPH do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of POWERGRAPH?
- POWERGRAPH is a private limited company (BV).
- When was POWERGRAPH founded?
- POWERGRAPH was founded on 08-02-1995.
- Is POWERGRAPH still active?
- Yes, POWERGRAPH is an active enterprise in the KBO register.
- What is the turnover of POWERGRAPH?
- The turnover of POWERGRAPH was €813,040 in financial year 2025, according to the filed annual accounts.Financials
- Is POWERGRAPH profitable?
- In financial year 2025, POWERGRAPH made a profit of €844,603.
- Where can I find the annual accounts of POWERGRAPH?
- POWERGRAPH filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POWERGRAPH due?
- POWERGRAPH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.POWERGRAPH · 12 companies Compare this company with its sector.Sector benchmark
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