GROUP POWER
ActiveSummary
GROUP POWER has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €236k and a net result of €263k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+85
Solvency37▲+37
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 0.11 in 2024; short-term debt: 62.7% and cash: 15% of total assets), but 88% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12%
Return on assets
13.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 480 sector peers (2025).
NBB · sector comparisonPosition among 480 sector peers
Solvency
better than 24%
← weakest
strongest →
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 31-03-2026, 122 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
122 d early
2024
6 d early
2023
85 d late
2022
64 d late
2021
31 d late
2020
58 d late
2019
56 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€236k
2024 · €-27k
2018: €14k
2019: €22k
2020: €15k
2021: €4k
2022: €-14k
2023: €-22k
2024: €-27k
2018 → 2025
Total assets
€1.97M▲ 35,948%
2024 · €5k
2018: €43k
2019: €56k
2020: €32k
2021: €10k
2022: €14k
2023: €6k
2024: €5k
2018 → 2025
Net result
€263k
2024 · €-5k
2018: €-38k
2019: €8k
2020: €-6k
2021: €-12k
2022: €-18k
2023: €-7k
2024: €-5k
2018 → 2025
Working capital
€721k
2024 · €-28k
2018: €14k
2019: €21k
2020: €14k
2021: €4k
2022: €-16k
2023: €-24k
2024: €-28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€-14k€-22k▼ 51.1%€-27k▼ 21.9%€236k
Operating result€-11k-€-18k▼ 56.8%€-7k▲ 61.1%€-5k▲ 35.1%€340k
Net result€-12k-€-18k▼ 55.4%€-7k▲ 59.5%€-5k▲ 35.3%€263k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €340k after a loss of €5k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.97M
Fixed assets
€15k ▲ 672%
Current assets
€1.96M ▲ 54,772%
Equity and liabilities €1.97M
Equity
€236k
Debt
€1.74M
Debt finances 88.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€341k
Cash flow
€264k
Current ratio
1.58▲
2024 · 0.11
Quick ratio
0.85▲
2024 · 0.11
Debt to equity
7.36▲
2024 · -1.21
ROE
111.2%
ROA
13.3%▲
2024 · -87.1%
Interest coverage
30.43
Debt ≤ 1 year
€1.24M▲
2024 · €32k
Debt > 1 year
€500k
Income taxes
€66k
Staff costs
€25k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5k€1.97M▲
Fixed assets21/28€2k€15k▲
Intangible fixed assets21-€9k
Tangible fixed assets22/27-€4k
Furniture and vehicles24-€4k
Financial fixed assets28€2k€2k=
Current assets29/58€4k€1.96M▲
Stocks and contracts in progress3-€902k
Stocks30/36-€902k
Amounts receivable within one year40/41-€756k
Trade receivables40-€756k
Other amounts receivable41-€20
Cash at bank and in hand54/58€4k€297k▲
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€5k€1.97M▲
Equity10/15€-27k€236k▲
Contributions10/11€19k€19k=
Reserves13€2k€218k▲
Distributable reserves133€2k€218k▲
Profit (loss) carried forward14€-47k€0▲
Amounts payable17/49€32k€1.74M▲
Amounts payable after more than one year17-€500k
Financial debts170/4-€500k
Amounts payable within one year42/48€32k€1.24M▲
Financial debts43-€45k
Credit institutions430/8-€45k
Trade debts44€25k€181k▲
Suppliers440/4€25k€181k▲
Taxes, remuneration and social security45-€49k
Taxes450/3-€49k
Other amounts payable47/48€7k€962k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0€25k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-43k€-33k▲
Other operating charges640/8€43k€34k▼
Gross operating margin9900€-5k€367k▲
Operating profit (loss)9901€-5k€340k▲
Financial income75/76B-€102
Recurring financial income75-€102
Financial charges65/66B€234€11k▲
Recurring financial charges65€234€11k▲
Profit (loss) for the period before taxes9903€-5k€329k▲
Income taxes67/77-€66k
Profit (loss) for the period9904€-5k€263k▲
Profit (loss) for the period to be appropriated9905€-5k€263k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€216k▲
Profit (loss) brought forward from the previous period14P€-42k€-47k▼
Transfer to equity691/2-€216k
To other reserves6921-€216k
Social balance
Average headcount (FTE)9087-3.5
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €263k
Net result €263k after 5 loss-making years.
31-12
Financial
Liquidity times 14current ratio 1.58
Current ratio from 0.11 to 1.58.
31-12
Financial
Equity above €200kEq €236k
Equity rises from €-27k to €236k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 85 days late
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 64 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 58 days late
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brugge · 1 establishment unit since 2013
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.
Gustaaf Baertstraat 428200 BruggeGround area
2,984 m²
Building footprint
332 m²
Parcel 31512B0460/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
Gustaaf Baertstraat 42, 8200 Brugge
since 20132.218.924.389
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31512B0460/00E000 | Flanders | 2,984 m² | 1 · 332 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PLURITECH
BE 0443.398.183
Vilvoorde · Eq €237,452
AK & PARTNERS
BE 0740.775.439
Sint-Pieters-Leeuw · Eq €234,883
bonsai
BE 0663.774.859
Gent · Eq €233,365
PRESECON
BE 0896.344.633
Willebroek · Eq €239,218
iSide
BE 0651.620.066
Sint-Pieters-Leeuw · Eq €232,997
Of 2,725 companies in sector 63100 we hold annual accounts for 1,271. 929 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-04-2013
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
63100Computing infrastructure, data processing, hosting and related activities
32400Other manufacturing
46497Wholesale trade
46900Non-specialised wholesale trade
63920Other information service activities
64210Activities of holding companies
73200Market research and public opinion polling
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.