Financials
- Fiscal year
- 2024
- Turnover
- €50,874
- Loss
- -€24,503
- Solvency
- -6.3%
Turnover▲ 9.9%
Net result
20222024
F. POWER SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of F. POWER SOLUTIONS is 6.8% (elevated). The 2024 annual accounts show negative equity (-€20,606) and a net result of -€24,503. Equity is shrinking by ~126.8% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25999
#10 company by total assets in Genappe, Manufacturing sector1 site
Size
€50,874turnover 2024
- Equity
- -€20,606
- Loss
- -€24,503
Structure
Accounts 42 d early1 of 3 deeds read
Why 34- 1 change of registered office in 24 months- Figures for FY 2024 (filed 08-07-2025)- Liquidity: current ratio 0.26, cash €5,532+ Size: turnover €50,874, total assets €327,831Show the evidence
Checked score
Score 2024
34
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 23% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
19-8
equity -6.3% of total assets
Liquidity
10-11
short-term debt 77.9% · cash 1.7%
Profitability
73-1
return on assets -7.5%
Bankruptcy probability, 12 months
6.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 8 months
03-2026: 1.7%
04-2026: 1.8%▲ +4.0% vs 03-2026
05-2026: 1.7%▼ -2.4% vs 04-2026
06-2026: 1.6%▼ -7.8% vs 05-2026
07-2026: 1.6%▼ -2.0% vs 06-2026lowest value
08-2026: 3.8%▲ +142% vs 07-2026
09-2026: 4.4%▲ +16.2% vs 08-2026
10-2026: 6.8%▲ +52.1% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 08-07-2025) raises the probability
- Size: turnover €50,874, total assets €327,831 lowers the probability for this profile
- Liquidity: current ratio 0.26, cash €5,532 raises the probability
No credit on open account
Liquidity short (current ratio 0.26 against 0.32 in 2023; short-term debt: 77.9% and cash: 1.7% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 7%, liquidity 5%, profitability 45%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 19-06-2026, 42 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
42 d early
2024
24 d early
2023
37 d early
2022
39 d early
2021
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 22 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Registered officeRegistered-office move · Director in…
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€20,606 View
- Risk: 4 loss-making years in a rowloss fiscal year 2024 -€24,503 View
- Positive: Company by total assets in Genappe, Manufacturing sectorin the Checked rankings #10 View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
By topic
Timeline
- Events
- 7
- Since
- 2022
- Next accounts
- by 31-07-2027
- 20-07-2026Registered office
- 19-06-2026Annual accounts filed
- 07-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of fabricated metal products, except machinery and…NACE 25999
- Founded
- 06-04-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.