Equity
€162,663 from €309,373 in 2019
Equity fell by 47% in 6 years.
MPOWER
Lifetime
8 annual accounts with figures on one time axispeak €464,308 (2018)
€3,091▲ 14.4%
lowest -€29,628 (2023)
-€20,870▲ €1,717
peak €309,373 (2019)
€162,663▼ 11.4%
€126,128▼ 0.8%
Board1 name since 2017
1 director
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Gross margin from €2,702 to €3,091Loss of €20,870Cash from €3,020 to €1,561
Key points
from the 2025 annual accountsLosses
-€146,710 in six years
Every financial year from 2020 to 2025 closed with a loss. 2023 was the heaviest.
Turnover
≈ €21,000 estimated
The accounts state no turnover.
Filings
8 annual accounts 5 late
The 2018 accounts came latest: 29 days after the end of the period.
Starting capital
€18,600 186 shares
Position in the sector
-€20,870
Lower net result than 89% of companies in wholesale trade. Sector median €5,606 · 13,813 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as MPOWER has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for MPOWER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0683674707
Change of role: , from manager to director
Gazette deed
Director in office: (manager)
Gazette deed
Incorporation
Founding capital of €18,600, 186 shares · Founder: · Appointment: (manager) · published on 27-10-2017 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as MPOWER: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €163,000 and €268,000, founded between 2015 and 2021.
Official details
Source: KBO- Status
- Active since 25-10-2017Normal situation
- Activity
- Agents in non-specialised wholesale tradeNACE 46190and 5 others
- Establishment unit
- 2.269.277.1885590 Ciney, since 25-10-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Annual accounts 2025
- €288,791▼ 7.0%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on MPOWER
MPOWER files the micro format. That format states no turnover. The gross margin fell from €464,308 in 2018 to €3,091 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MPOWER
- What is the company number of MPOWER?
- The company number of MPOWER is 0683.674.707. The VAT number is the same number with BE in front: BE 0683.674.707.
- Where is MPOWER based?
- The registered office is at Avenue du Sainfoin 4, 5590 Ciney.Company details
- What does MPOWER do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of MPOWER?
- MPOWER is a private limited company (BV).
- When was MPOWER founded?
- MPOWER was founded on 25-10-2017.
- Is MPOWER still active?
- Yes, MPOWER is an active enterprise in the KBO register.
- What is the turnover of MPOWER?
- The turnover in financial year 2025 is ≈ €21,000. This figure is estimated from the gross margin of €3,091 and 38 comparable companies (NACE 46190). It probably lies between €12,000 and €41,000. It is a rough estimate.Financials
- Is MPOWER profitable?
- In financial year 2025, MPOWER made a loss of €20,870.
- Where can I find the annual accounts of MPOWER?
- MPOWER filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MPOWER due?
- MPOWER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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