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Future Power

Open bankruptcy
Private limited companyfounded 2023KBO/BCE: BE 0802.870.582

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

A bankruptcy procedure is open for Future Power according to publications in the Belgian Official Gazette; trustee: Frederieke Cloet.

Summary

The 2024 annual accounts show negative equity (-€3,163) and a net result of -€7,163.

Future PowerOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
23 September 2025
Supervising judge
Lieven Steel
Official Gazette
29-09-2025 (pdf) ↗search the document for 2025/138890

Deadlines

Provisional date payments stopped
16 September 2025Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 14 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 23 October 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 28 October 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 23 September 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Frederieke CloetOranjerielaan 17, 9030 Maria- Kerke (Gent)frederieke.cloet@cdo-advocaten.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Official details

KBO
Status
Active since 19-06-2023 Open bankruptcy
Legal form
Private limited company
Activity
No activity registered in the KBO
Establishment unit
2.346.493.247 since 19-06-2023
Financial year end
31 December
Peppol
Reachable since 18-06-2025

Who decides

Board

How it is doing

Open bankruptcy: no score
Annual accounts 2024
Gross margin
€445
Turnover
≈ €3,400
estimated
Loss
€7,163
Equity
-€3,163
Total assets
€35,579
Staff
0.2 FTE
Filed on 22-06-2025PDF
Signalsraises riskOpen bankruptcyNegative equityneutralLatest accounts filed on timeShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-06-2025, 39 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 39 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 (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage

Financials · financial year 2024, micro format

Latest annual accounts filed

Annual accounts 2024

Download PDF
Financial year ended
31-12-2024
Filed on
22-06-2025
Format
micro format
Reference
2025-00161249
Turnover
≈ €3,400
Estimated: probably between €1,600 and €8,200
Total assets
€35,579
Net result
-€7,163
Working capital
-€3,163

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Key figures and ratios
2024 value
EBITDA
-€5,918
Cash flow
-€6,117
Solvency
-8.9%
Current ratio
0.92
ROA
-20.1%
Interest coverage
-29.68
Debt
€38,742
Debt ≤ 1 year
€38,742
Staff costs
€4,339
No debt to equity: equity is negative, so debt divided by equity means nothing.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 30 lines

Source: Annual accounts 2024 (PDF), filed with the National Bank on 22-06-2025.

Balance sheet Code2024
Assets
Total assets20/58€35,579
Current assets29/58€35,579
Amounts receivable within one year40/41€35,505
Trade receivables40€34,037
Other amounts receivable41€1,468
Cash at bank and in hand54/58€74
Equity and liabilities
Total equity and liabilities10/49€35,579
Equity10/15-€3,163
Contributions10/11€4,000
Profit (loss) carried forward14-€7,163
Amounts payable17/49€38,742
Amounts payable within one year42/48€38,742
Trade debts44€36,254
Suppliers440/4€36,254
Taxes, remuneration and social security45€2,431
Taxes450/3€2,431
Other amounts payable47/48€57
Income statement Code2024
Remuneration, social security and pensions62€4,339
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,046
Other operating charges640/8€2,023
Gross operating margin9900€445
Operating profit (loss)9901-€6,964
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€199
Recurring financial charges65€199
Profit (loss) for the period before taxes9903-€7,163
Profit (loss) for the period9904-€7,163
Profit (loss) for the period to be appropriated9905-€7,163
Appropriation of the result
Profit (loss) to be appropriated9906-€7,163

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line2024
Remuneration, social security and pensions62€4,339
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,046
Other operating charges640/8€2,023
Gross operating margin9900€445
Operating profit (loss)9901-€6,964
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€199
Recurring financial charges65€199
Profit (loss) for the period before taxes9903-€7,163
Profit (loss) for the period9904-€7,163
Profit (loss) for the period to be appropriated9905-€7,163
Line2024
Assets
Total assets20/58€35,579
Current assets29/58€35,579
Amounts receivable within one year40/41€35,505
Trade receivables40€34,037
Other amounts receivable41€1,468
Cash at bank and in hand54/58€74
Equity and liabilities
Total equity and liabilities10/49€35,579
Equity10/15-€3,163
Contributions10/11€4,000
Profit (loss) carried forward14-€7,163
Amounts payable17/49€38,742
Amounts payable within one year42/48€38,742
Trade debts44€36,254
Suppliers440/4€36,254
Taxes, remuneration and social security45€2,431
Taxes450/3€2,431
Other amounts payable47/48€57
Line2024
Profit (loss) for the period9904-€7,163
+ Depreciation and write-downs630€1,046
Operating cash flow (approximation)-€6,117

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 22-06-2025 2025-00161249 PDF

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2023
KHAJOU Ossamah
Director (not named in the articles) · appointed in the act of 21-06-2023 · in the 2024 annual accounts, filed on 22-06-2025
Current
TASTEKIN Muhammet
Director (not named in the articles) · appointed in the act of 21-06-2023 · in the 2024 annual accounts, filed on 22-06-2025
Current

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
KHAJOU Ossamah
  • Director (not named in the articles), appointed in the act of 21-06-2023, still in office
TASTEKIN Muhammet
  • Director (not named in the articles), appointed in the act of 21-06-2023, still in office
See the board, name and registered office on a given date →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Frederieke Cloet
Oranjerielaan 17, 9030 Maria- Kerke (Gent)
23-09-2025 → present

How the board is organised

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 14: Externe vertegenwoordigingsbevoegdheid Iedere bestuurder alleen vertegenwoordigt de vennootschap jegens derden en in rechte als…”
Board ruleHow the board is made up, meets and takes decisions.
“Een of meer bestuurders, aantal, duur, bevoegdheid bij meerdere”
2 more provisions on this in the deed

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment”
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

Articles of association, deed of 21-06-2023

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Capital over the years
  1. 21-06-2023 Incorporation · €4,000 · 100 shares

Shares according to the articles of association

Kind of sharesWhich classes of shares exist and what rights each class carries.
“100, 1/100ste”
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Other provision: “Alleen of gezamenlijk zoals bestuursorgaan bepaalt, gedelegeerd bestuurder”
Other provision: “Strijdig belang, bestuurder of lid collegiaal bestuursorgaan met rechtstreeks of onrechtstreeks strijdig vermogensrechtelijk belang”
Other provision: “Controle, onbeperkt toezicht en controle, ter plaatse inzage boeken, brieven, notulen, alle geschriften”
Other provision: “Bestuurder, bij gebrek aanwezige aandeelhouder met meeste aandelen, bij pariteit oudste, zittingen-processen-verbaal”
Other provision: “Bestuursorgaan tijdens zitting, elke gewone of buitengewone algemene vergadering”
Other provision: “Schriftelijke algemene vergadering, wettelijke grenzen”
Other provision: “Door vennootschap ter beschikking gesteld elektronisch communicatiemiddel, elektronische algemene vergadering”
Other provision: “Bestemming winst-reserves en uitkering, algemene vergadering op voorstel bestuursorgaan”
Other provision: “Info@futurepower.be, website en e-mail”
4 more provisions in the deed, see the deed of 21-06-2023

Articles of association, deed of 21-06-2023 (in Dutch)

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 19 June 2023, Future Power was incorporated as a private limited company by two natural persons, with a starting capital of €4,000.12 In 2025 the registered office moved to Gent.3 Today the board has 2 members.4 The company was declared bankrupt on 23 September 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-06-2023
  3. 3Belgian Official Gazette, 08-01-2025
  4. 4National Bank, annual accounts 2024
  5. 5Belgian Official Gazette, 29-09-2025

Acts, filings and financial milestones

2025
29-09
Bankruptcy Opening
Enterprise Court of Ghent, Ghent division · judgment of 23-09-2025
22-06
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
08-01
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 10-12-2024
  • Registered-office move, Oktrooiplein 1 bus 201-9000 Gent

Open the act in the Belgian Official Gazette

2023
21-06
Gazette deed Incorporation
Appointments: KHAJOU Ossamah (director) and TASTEKIN Muhammet (director) · Founder · Founding capital14 facts ▸
  • Incorporation, 16-06-2023
  • Founder, KHAJOU Ossamah
  • Founder, TASTEKIN Muhammet
  • Founding capital, €4,000
  • Bank account, “KBC Bank, BE60 7370 6851 3870” (deed in Dutch)
  • Capital
  • Other provision, “slot- en overgangsbepalingen, overeenkomstig de wet” (deed in Dutch)
  • Registered office clause, “9940 Evergem,Weststraat 129W” (deed in Dutch)
  • Board rule, 2
  • Director appointment, KHAJOU Ossamah (director (not named in the articles))
  • Director appointment, TASTEKIN Muhammet (director (not named in the articles))
  • Other provision, “beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch) (2 times)
  • +2 further facts in this act

Open the act in the Belgian Official Gazette

SignalGazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Opening faillissement

Future Power is in the KBO register with the legal situation: opening faillissement.

Legal situation
Opening faillissement
Last annual accounts
financial year to 31 December 2024
Legal form
Private limited company
Active since
19 June 2023
Official KBO record

Register details

Who it is

Name Future Power in Dutch
Enterprise number 0802.870.582
Type Legal entity

Where it is based

Registered office Belgium
Establishments 1 establishment unit since 2023
E-mail info@futurepower.be

Invoicing and payment

VAT number BE 0802.870.582
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0802870582
Also 9925:BE0802870582
Registered 18-06-2025

The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

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

Purpose, financial year and meetings according to the articles of association

What the company does

Name clauseThe name the company operates under according to its articles.
Future Power
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…”

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Tuesday of June at 20:00

Articles of association, deed of 21-06-2023 (in Dutch)

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
131 companies at this address See who is registered here
1 establishment unit
Future Power
Manufacture of electrical equipment
since 2023unit no. 2.346.493.247

Buildings and parcels at the address

Ground area
1,619 m²
Building footprint
1,590 m²
Building volume
9,034 m³
Parcel 44807G0728/02L013, Flanders · tallest building 18.6 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44807G0728/02L013 Flanders 1,619 m² 1 · 1,590 m² 18.6 m · 1