POWER
InactiveInactive since 16-09-2026; last annual accounts for fiscal year 2026. Dissolved and wound up in a single deed; books and records kept in Heusden-Zolder.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 24-08-2026, 160 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
160 d early
2025
5 d early
2024
4 d early
2023
29 d early
2022
43 d early
2021
6 d early
2020
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2026, micro schema
Equity
€63k▼ 9.6%
2025 · €69k
Total assets
€147k▼ 21.9%
2025 · €188k
Net result
€-7k▲ 84.9%
2025 · €-44k
Working capital
€63k▼ 1.6%
2025 · €64k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€4k▼ 77.4%€53k▲ 1,204%€78k▲ 47.4%€-45k€-7k▲ 84.1%
Net result€8k▼ 53.7%€49k▲ 498%€71k▲ 43.5%€-44k€-7k▲ 84.9%
Equity€-7k▲ 54.1%€42k€113k▲ 167%€69k▼ 38.9%€63k▼ 9.6%
Total assets€131k▲ 4.6%€173k▲ 31.4%€290k▲ 68.0%€188k▼ 35.3%€147k▼ 21.9%
Debt€138k▼ 1.7%€130k▼ 5.9%€177k▲ 35.7%€119k▼ 32.9%€84k▼ 29.1%
Working capital€-7k▲ 54.1%€35k€107k▲ 203%€64k▼ 40.7%€63k▼ 1.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2026 against €45k in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €147k
Equity
€63k ▼ 9.6%
Debt
€84k ▼ 29.1%
Debt's share of the balance-sheet total falls from 63.1% to 57.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▲
2025 · €-44k
Cash flow
€-7k▲
2025 · €-43k
Current ratio
1.74▲
2025 · 1.54
Debt to equity
1.34▼
2025 · 1.71
ROE
-10.6%▲
2025 · -63.7%
ROA
-4.5%▲
2025 · -23.5%
Interest coverage
-107.42▲
2025 · -574.31
Debt ≤ 1 year
€84k▼
2025 · €119k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €13k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €92 | €714 | €714 | €0 | ▼ 100% |
| Other operating charges640/8 | €11k | €459 | €446 | €52k | €680 | ▼ 98.7% |
| Gross operating margin9900 | €15k | €53k | €79k | €8k | €-6k | ▼ 177% |
| Operating profit (loss)9901 | €4k | €53k | €78k | €-45k | €-7k | ▲ 84.1% |
| Financial income75/76B | €4k | €127 | €301 | €576 | €512 | ▼ 11.0% |
| Recurring financial income75 | €4k | €127 | €301 | €576 | €512 | ▼ 11.0% |
| Financial charges65/66B | €163 | €49 | €61 | €76 | €66 | ▼ 13.5% |
| Recurring financial charges65 | €163 | €49 | €61 | €76 | €66 | ▼ 13.5% |
| Profit (loss) for the period before taxes9903 | €8k | €53k | €78k | €-44k | €-7k | ▲ 84.9% |
| Income taxes67/77 | - | €3k | €7k | €0 | - | - |
| Profit (loss) for the period9904 | €8k | €49k | €71k | €-44k | €-7k | ▲ 84.9% |
| Profit (loss) for the period to be appropriated9905 | €8k | €49k | €71k | €-44k | €-7k | ▲ 84.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131k | €173k | €290k | €188k | €147k | ▼ 21.9% |
| Fixed assets21/28 | - | €7k | €6k | €6k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | €7k | €6k | €6k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €7k | €6k | €6k | €0 | ▼ 100% |
| Current assets29/58 | €131k | €166k | €284k | €182k | €147k | ▼ 19.5% |
| Amounts receivable after more than one year29 | €1k | €0 | - | - | - | - |
| Other amounts receivable291 | €1k | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €6k | €35k | €115k | €14k | €9k | ▼ 31.9% |
| Trade receivables40 | €5k | €35k | €63k | €13k | €9k | ▼ 28.8% |
| Other amounts receivable41 | €348 | €0 | €52k | €807 | €154 | ▼ 81.0% |
| Cash at bank and in hand54/58 | €120k | €130k | €169k | €168k | €137k | ▼ 18.3% |
| Deferred charges and accrued income490/1 | €4k | €782 | €0 | €394 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131k | €173k | €290k | €188k | €147k | ▼ 21.9% |
| Equity10/15 | €-7k | €42k | €113k | €69k | €63k | ▼ 9.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €321k | €36k | €107k | €107k | €105k | ▼ 1.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €0 | ▼ 100% |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €0 | ▼ 100% |
| Distributable reserves133 | €319k | €34k | €105k | €105k | €105k | = |
| Profit (loss) carried forward14 | €-334k | €0 | - | €-44k | €-49k | ▼ 10.9% |
| Amounts payable17/49 | €138k | €130k | €177k | €119k | €84k | ▼ 29.1% |
| Amounts payable within one year42/48 | €138k | €130k | €177k | €119k | €84k | ▼ 29.1% |
| Trade debts44 | €4k | €709 | €6k | €6k | €7k | ▲ 17.8% |
| Suppliers440/4 | €4k | €709 | €6k | €6k | €7k | ▲ 17.8% |
| Taxes, remuneration and social security45 | €1k | €4k | €46k | €179 | €4k | ▲ 1,977% |
| Taxes450/3 | €1k | €4k | €46k | €179 | €4k | ▲ 1,977% |
| Other amounts payable47/48 | €133k | €126k | €125k | €113k | €74k | ▼ 34.6% |
| Accrued charges and deferred income492/3 | - | - | €200 | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €49k | €71k | €-44k | €-7k | ▲ 84.9% |
| + Depreciation and write-downs630 | - | €92 | €714 | €714 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €8k | €50k | €72k | €-43k | €-7k | ▲ 84.7% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €6k | - |
| Change in cash | - | €9k | €39k | €-688 | €-31k | ▼ 4,376% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
17-09
State Gazette act
Resignations & appointments · End & cessationResignation: de enige aandeelhouder (director) · Auditor report · Dissolution17 facts ▸
State Gazette act
Resignations & appointments · End & cessation
Resignation: de enige aandeelhouder (director) · Auditor report · Dissolution17 facts ▸
- General meeting, 14-09-2026
- General meeting, neemt kennis, keurt goed en ontslaat de instrumenterende notaris van de voorlezing van de verslagen, Eerste beslissing
- Other statement, 10-09-2026
- Auditor report, 14-09-2026
- Auditor report, artikel 2:80 WVV, alle schulden aan derden werden terugbetaald
- Auditor report, 14-09-2026
- Dissolution, eenparigheid van stemmen, ontbinding en vereffening in één akte
- General meeting, minstens de helft van het totaal aantal uitgegeven aandelen, eenparigheid van stemmen
- Declaration, rekening-courantvordering in het voordeel van het privévermogen van de aandeelhouder, verzaakt uitdrukkelijk aan een consignatie van dit bedrag
- Declaration, geen nieuwe schulden ten aanzien van derden sinds het opmaken van de staat van activa en passiva, bestuursorgaan verantwoordelijk jegens derden voor de vervulli…
- Liquidation closure, vereffening beëindigd en afgesloten, vereffening onmiddellijk als gesloten
- Declaration, vereffening de facto bewerkstelligd, alle schulden ten aanzien van aandeelhouders of derden zijn terugbetaald of geconsigneerd, of schriftelijke bevestiging van…
- +5 further facts in this act
24-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €71k ▲43.5%
Operating result €78k, net result €71k, both a record.
30-06
Financial
Equity above €100kEq €113k ▲167%
4 profitable years in a row build equity to €113k.
02-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-360k
Net result drops to €-360k, the lowest in the series.
Show earlier events
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
17-09-2026
Resigned as Director
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Heusden-Zolder
Ground area
1,788 m²
Building footprint
121 m²
Volume, LiDAR
733 m³
Parcel 71065A1285/00T000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065A1285/00T000 | Flanders | 1,788 m² | 1 · 121 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Other provisions of the articles (4)
- Other statement: Verantwoordelijkheden van het bestuursorgaan, De controle van de staat van activa en passiva door de bedrijfsrevisor ontslaat noch het bestuursorgaan, noch de v…
- Board meeting: toelichting over de mogelijkheid om te beslissen tot de ontbinding en de onmiddellijke sluiting van de vereffening van de vennootschap in één akte, artikel 2:80…
- Other statement
- Custody of records: gedurende de bij wet verplichte termijn, 3550 Heusden-Zolder, Laambroekstraat 10