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C-POWER HOLDCO

Active
Public limited companyfounded 2000active for 26 yearsHerkenrodesingel 14, 3500 Hasselt, Belgium35 active companies are registered at this addressKBO/BCE: BE 0472.967.347
Summary

C-POWER HOLDCO has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112.5m and a net result of -€321,312. Equity remains stable across the filed financial years (±0.6% per year). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
“Het verwerven van participaties in om het even welke, al dan niet Belgische ondernemingen…” (deed in Dutch)
From the articlesNo NACE code in the KBO yet1 site
Size
€112.5mtotal assets 2025
Equity
€112.5m
Loss
-€321,312
Standalone figures, without subsidiaries
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
Z-KRACHT · 38.5%
Board
7 members
Holdings
1
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 74 days early
Why 89raises riskLiquidity: current ratio 72.79, cash €70,185No main activity registeredlowers riskSize: total assets €112.5m, files consolidated accountsEquity €112.5m (100.0% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (no NACE code, large)
Financial strength · tick = 2024
Average
Solvency 100=
equity 100.0% of total assets
Liquidity 50=
short-term debt 0.0% · cash 0.1%
Profitability 18-70
return on assets -0.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.6%● unchanged vs 06-2025highest value 08-2025: 0.6%● unchanged vs 07-2025highest value 09-2025: 0.6%● unchanged vs 08-2025highest value 10-2025: 0.6%● unchanged vs 09-2025highest value 11-2025: 0.6%● unchanged vs 10-2025highest value 12-2025: 0.2%▼ -0.4 percentage points vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €10,000,000 on 30-day terms is acceptable
Liquidity ample (current ratio 72.79, compared with 92.09 in 2024, above the usual 1.5; short-term debt: 0% and cash: 0.1% of total assets), and 0% of the assets are financed with debt and provisions.
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 (no NACE code, large): better than 67% on solvency, 48% on liquidity, 9% on profitability and 76% on growth.

The bankruptcy probability was computed on 18-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 72.79, cash €70,185
NBB · annual accounts
lowers risk · Size: total assets €112.5m, files consolidated accounts
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €112.5m (100.0% of total assets)
NBB · annual accounts
raises risk · No main activity registered
KBO
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €112.5m
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 18-05-2026, 74 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
74 days early
2024
66 days early
2023
65 days early
2022
68 days early
2021
54 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 65 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 26 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2025 · consolidated
  3. Weakest financial yearnet -€321,312

Key points

  • Caution: From profit to loss in 2025after €22.6m in 2024 -€321,312 View
  • New directorlatest change 19-12-2025 · 7 in office 1 joined View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Known shareholderslargest: Z-KRACHT 38.5% 100% View

By topic

Financials

Financial year
2025
Total assets
€112.5m
Loss
-€321,312
Solvency
100.0%
Total assets=
Net result
20182025
Go to Financials

Board & ownership

Board
7 members
Largest shareholder
Z-KRACHT · 38.5%
Known shareholders
100%
Auditor
Ernst et Young Reviseurs…
  • Jean-Marie BRÉBANDirector
  • Nuhma cvbaDirector
  • Samanda SADirector
  • Kristof Van LoonDirector
  • SPARAXIS S.A.Director

and 2 other directors

Go to Board & ownership

Timeline

Events
70
Since
2002
Next accounts
by 31-07-2027
  1. 19-12-2025Appointment: Nubema nv (director)
  2. 26-05-2025Annual accounts filed
  3. 26-05-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
06-10-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“Het verwerven van participaties in om het even welke, al dan niet Belgische ondernemingen…” (deed in Dutch)
Go to Articles of association

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