EMPOWERGROUP

Active

Private limited companyfounded 20215 yrs activeJagershoek 3, 2970 Schilde, BelgiumKBO/BCE: BE 0767.428.663

The computed 12-month bankruptcy probability of EMPOWERGROUP is 1.9% (moderate). The 2025 annual accounts show equity of €628k and a net result of €216k. Equity is growing by ~43.7% per year across the filed fiscal years. Its solvency ranks better than 30% of 238 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

57 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability78▼-22

Solvency46▼-21

Growth78=

Track record94

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €35k at 30 days acceptable

Liquidity ample (current ratio 2.17 against 5.36 in 2024; short-term debt: 29.9% and cash: 19.7% of total assets), but 79.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 31

Relative position

BE, all sectors

reference

Sector 31

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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

20.6%

Return on assets

7.1%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-05-2026, 84 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

84 d early

2024

71 d early

2023

99 d early

2022

140 d early

2021

27 d early

← before the deadline after the deadline →

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

19-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Equity

€628k▲ 34.1%

2024 · €469k

2021: €10k 2022: €87k 2023: €360k 2024: €469k

2021 → 2025

Total assets

€3.05M▲ 170%

2024 · €1.13M

2021: €43k 2022: €334k 2023: €572k 2024: €1.13M

2021 → 2025

Net result

€216k▼ 48.6%

2024 · €420k

2021: €11k 2022: €80k 2023: €272k 2024: €420k

2021 → 2025

Working capital

€1.06M▲ 25.7%

2024 · €845k

2021: €21k 2022: €146k 2023: €340k 2024: €845k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€10k-€87k▲ 757%€360k▲ 312%€469k▲ 30.4%€628k▲ 34.1%

Operating result€14k-€107k▲ 667%€354k▲ 232%€558k▲ 57.8%€270k▼ 51.7%

Net result€11k-€80k▲ 617%€272k▲ 242%€420k▲ 54.4%€216k▼ 48.6%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 52% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.05M

35.2%

64.8%

Fixed assets €1.07M▲ 1,095%

Current assets €1.97M▲ 89.8%

Equity and liabilities €3.05M

20.6%

79.4%

Equity €628k▲ 34.1%

Debt €2.42M▲ 266%

The debt ratio rises from 58.5% to 79.4%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€306k▼

2024 · €582k

Cash flow

€252k▼

2024 · €444k

Solvency

20.6%▼

2024 · 41.5%

Current ratio

2.17▼

2024 · 5.36

Quick ratio

2.15▼

2024 · 5.27

Debt / equity

3.85▲

2024 · 1.41

ROE

34.4%▼

2024 · 89.7%

ROA

7.1%▼

2024 · 37.2%

Interest coverage

14.47▼

2024 · 45.98

Debt

€2.42M▲

2024 · €660k

Debt ≤ 1 year

€910k▲

2024 · €194k

Debt > 1 year

€1.15M▲

2024 · €255k

Income taxes

€55k▼

2024 · €138k

Staff costs

€277k▲

2024 · €150k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€1.13M€3.05M▲

Fixed assets21/28€90k€1.07M▲

Intangible fixed assets21€235€4k▲

Tangible fixed assets22/27€81k€1.06M▲

Land and buildings22-€408k

Plant, machinery and equipment23€1k€325▼

Furniture and vehicles24€62k€72k▲

Other tangible fixed assets26€17k€13k▼

Assets under construction and advance payments27-€565k

Financial fixed assets28€8k€11k▲

Current assets29/58€1.04M€1.97M▲

Stocks and contracts in progress3€18k€20k▲

Stocks30/36€18k€20k▲

Amounts receivable within one year40/41€428k€1.32M▲

Trade receivables40€400k€984k▲

Other amounts receivable41€28k€338k▲

Current investments50/53€200k€0▼

Cash at bank and in hand54/58€366k€600k▲

Deferred charges and accrued income490/1€27k€31k▲

Equity and liabilities

Total equity and liabilities10/49€1.13M€3.05M▲

Equity10/15€469k€628k▲

Contributions10/11€2k€2k=

Reserves13€467k€627k▲

Tax-exempt reserves132-€42k

Distributable reserves133€467k€585k▲

Profit (loss) carried forward14€0€0=

Amounts payable17/49€660k€2.42M▲

Amounts payable after more than one year17€255k€1.15M▲

Financial debts170/4€5k€887k▲

Other amounts payable178/9€250k€261k▲

Amounts payable within one year42/48€194k€910k▲

Current portion of amounts payable after more than one year42€7k€195k▲

Trade debts44€154k€611k▲

Suppliers440/4€154k€611k▲

Taxes, remuneration and social security45€18k€28k▲

Taxes450/3-€44

Remuneration and social security454/9€18k€28k▲

Other amounts payable47/48€16k€76k▲

Accrued charges and deferred income492/3€212k€360k▲

Income statement Code20242025

Remuneration, social security and pensions62€150k€277k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€36k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€17k€-3k▼

Other operating charges640/8€859€2k▲

Gross operating margin9900€751k€583k▼

Operating profit (loss)9901€558k€270k▼

Financial income75/76B€13k€22k▲

Recurring financial income75€13k€22k▲

Financial charges65/66B€13k€21k▲

Recurring financial charges65€13k€21k▲

Profit (loss) for the period before taxes9903€559k€271k▼

Income taxes67/77€138k€55k▼

Profit (loss) for the period9904€420k€216k▼

Transfer to tax-exempt reserves689-€42k

Profit (loss) for the period to be appropriated9905€420k€174k▼

Appropriation of the result

Profit (loss) to be appropriated9906€420k€174k▼

Transfer from equity791/2€308k€0▼

Transfer to equity691/2€417k€118k▼

To other reserves6921€417k€118k▼

Profit to be distributed694/7€311k€56k▼

Return on contributions (dividend)694€311k€56k▼

Social balance

Average headcount (FTE)90872.85.0▲

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

08-05

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Equity above €500kEq €628k ▲34.1%

5 profitable years in a row build equity to €628k.

21-05

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Highest result since 2021net €420k ▲54.4%

Operating result €558k, net result €420k, both a record.

23-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Equity above €200kEq €360k ▲312%

3 profitable years in a row build equity to €360k.

13-03

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

04-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Schilde · 2 establishment units since 2021

establishment All 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Jagershoek 32970 Schilde

Ground area

1.0 ha

Building footprint

4,422 m²

Volume, LiDAR

31,908 m³

2 parcels, Flanders · tallest building 39.6 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

EMPOWERGROUP

Jagershoek 3, 2970 SchildeManufacture of furniture

since 20212.316.472.539

Bijkhoevelaan 3, 2110 Wijnegem

Manufacture of furniture

since 20232.352.789.042

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11050A0065/00F000	Flanders	6,893 m²	1 · 4,166 m²	39.6 m · 2 fl.
11922C0524/00M000	Flanders	3,162 m²	1 · 256 m²	18.8 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 3,196 EUR awarded · 3,465 EUR paid

Year	Entries	awarded	paid
2024	1	533 EUR	293 EUR
2023	1	2,663 EUR	3,172 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 3,196 EUR · 3,465 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

2 categories

EMPOWERGROUP BV43292

category D, class 1 · category D1, class 1

decision 30-11-2023

Similar companies · same sector, comparable size

Bilzen-Hoeselt · Eq €641k

Of 1,499 companies in sector 31004 we hold annual accounts for 620. 421 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded23-04-2021

Fiscal year end31-12

Activities, NACEBEL

31004Manufacture of dining room, living room, bedroom and bathroom furniture

41001General construction of residential buildings

31002Manufacture of furniture

43320Joinery installation

70200Business and other management consultancy

70220Business consulting

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:info@empowergroup.be

Establishment Schilde 2.316.472.539