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NextPower

Active
Private limited companyfounded 20242 years activeHasseltweg 194, 3600 Genk, BelgiumKBO/BCE: BE 1007.449.621
Summary

NextPower has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,364 and a net result of -€51,636. Its solvency ranks better than 10% of 34,088 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Financials · fiscal year 2025, micro schema

Equity
€48,364
Total assets
€1.3m
Net result
-€51,636
Working capital
-€191,135

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

Balance-sheet composition
Assets €1.3m
Fixed assets €495,250
Current assets €782,068
Equity and liabilities €1.3m
Equity €48,364
Debt €1.2m
Debt finances 96.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€3,424
Cash flow
-€28,124
Current ratio
0.80
Quick ratio
0.48
Debt to equity
25.41
ROE
-106.8%
ROA
-4.0%
Interest coverage
0.11
Debt ≤ 1 year
€973,203
Debt > 1 year
€251,453
Income taxes
€721
Staff costs
€805,967

Peer companies

Historical observation

Of the 1,301 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.5% went bankrupt
1.6% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,301 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 48 lines
Balance sheet Code2025
Assets
Total assets20/58€1.3m
Fixed assets21/28€0.5m
Intangible fixed assets21€0.3m
Tangible fixed assets22/27€0.2m
Plant, machinery and equipment23€0.03m
Furniture and vehicles24€0.07m
Other tangible fixed assets26€0.08m
Financial fixed assets28€0.006m
Current assets29/58€0.8m
Stocks and contracts in progress3€0.3m
Stocks30/36€0.3m
Amounts receivable within one year40/41€0.2m
Trade receivables40€0.2m
Other amounts receivable41€0.04m
Cash at bank and in hand54/58€0.2m
Deferred charges and accrued income490/1€0.06m
Equity and liabilities
Total equity and liabilities10/49€1.3m
Equity10/15€0.05m
Contributions10/11€0.1m
Profit (loss) carried forward14-€0.05m
Amounts payable17/49€1.2m
Amounts payable after more than one year17€0.3m
Financial debts170/4€0.3m
Amounts payable within one year42/48€1.0m
Current portion of amounts payable after more than one year42€0.1m
Trade debts44€0.8m
Suppliers440/4€0.8m
Advances received on contracts in progress46€0.02m
Taxes, remuneration and social security45€0.04m
Taxes450/3€0.008m
Remuneration and social security454/9€0.03m
Other amounts payable47/48€0.02m
Accrued charges and deferred income492/3€0.004m
Income statement Code2025
Remuneration, social security and pensions62€0.8m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m
Other operating charges640/8€0.008m
Non-recurring operating charges66A€250
Gross operating margin9900€0.8m
Operating profit (loss)9901-€0.02m
Financial income75/76B€0.001m
Recurring financial income75€0.001m
Financial charges65/66B€0.03m
Recurring financial charges65€0.03m
Profit (loss) for the period before taxes9903-€0.05m
Income taxes67/77€0.001m
Profit (loss) for the period9904-€0.05m
Profit (loss) for the period to be appropriated9905-€0.05m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.05m

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€805,967
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,513
Other operating charges640/8€8,300
Non-recurring operating charges66A€250
Gross operating margin9900€817,941
Operating profit (loss)9901-€20,089
Financial income75/76B€553
Recurring financial income75€553
Financial charges65/66B€31,379
Recurring financial charges65€31,379
Profit (loss) for the period before taxes9903-€50,915
Income taxes67/77€721
Profit (loss) for the period9904-€51,636
Profit (loss) for the period to be appropriated9905-€51,636
Line2025
Assets
Total assets20/58€1.3m
Fixed assets21/28€0.5m
Intangible fixed assets21€0.3m
Tangible fixed assets22/27€0.2m
Plant, machinery and equipment23€0.03m
Furniture and vehicles24€0.07m
Other tangible fixed assets26€0.08m
Financial fixed assets28€0.006m
Current assets29/58€0.8m
Stocks and contracts in progress3€0.3m
Stocks30/36€0.3m
Amounts receivable within one year40/41€0.2m
Trade receivables40€0.2m
Other amounts receivable41€0.04m
Cash at bank and in hand54/58€0.2m
Deferred charges and accrued income490/1€0.06m
Equity and liabilities
Total equity and liabilities10/49€1.3m
Equity10/15€0.05m
Contributions10/11€0.1m
Profit (loss) carried forward14-€0.05m
Amounts payable17/49€1.2m
Amounts payable after more than one year17€0.3m
Financial debts170/4€0.3m
Amounts payable within one year42/48€1.0m
Current portion of amounts payable after more than one year42€0.1m
Trade debts44€0.8m
Suppliers440/4€0.8m
Advances received on contracts in progress46€0.02m
Taxes, remuneration and social security45€0.04m
Taxes450/3€0.008m
Remuneration and social security454/9€0.03m
Other amounts payable47/48€0.02m
Accrued charges and deferred income492/3€0.004m
Line2025
Profit (loss) for the period9904-€51,636
+ Depreciation and write-downs630€23,513
Operating cash flow (approximation)-€28,124

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

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