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 -€6,661
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 →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 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.
Checked, nothing found (1)
History
Go further with this company
What became of the directors' other companies?Director track record Who ran this company, and where was it based, on a date before the end?Company as of a date
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2026, micro schema
Equity
€62,569▼ 9.6%
2025 · €69,230
Total assets
€146,636▼ 21.9%
2025 · €187,817
Net result
-€6,661▲ 84.9%
2025 · -€44,127
Working capital
€62,569▼ 1.6%
2025 · €63,606
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€4,047▼ 77.4%€52,777▲ 1,204%€77,793▲ 47.4%-€44,627-€7,107▲ 84.1%
Net result€8,266▼ 53.7%€49,420▲ 498%€70,940▲ 43.5%-€44,127-€6,661▲ 84.9%
Equity-€7,002▲ 54.1%€42,418€113,357▲ 167%€69,230▼ 38.9%€62,569▼ 9.6%
Total assets€131,426▲ 4.6%€172,687▲ 31.4%€290,081▲ 68.0%€187,817▼ 35.3%€146,636▼ 21.9%
Debt€138,429▼ 1.7%€130,269▼ 5.9%€176,724▲ 35.7%€118,587▼ 32.9%€84,067▼ 29.1%
Working capital-€7,002▲ 54.1%€35,365€107,219▲ 203%€63,606▼ 40.7%€62,569▼ 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 €7,107 in 2026 against €44,627 in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €146,636
Equity
€62,569 ▼ 9.6%
Debt
€84,067 ▼ 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
-€7,107▲
2025 · -€43,912
Cash flow
-€6,661▲
2025 · -€43,413
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
€84,067▼
2025 · €118,587
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 | - | - | - | - | €12,876 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €92 | €714 | €714 | €0 | ▼ 100% |
| Other operating charges640/8 | €11,042 | €459 | €446 | €52,262 | €680 | ▼ 98.7% |
| Gross operating margin9900 | €15,089 | €53,327 | €78,954 | €8,350 | -€6,427 | ▼ 177% |
| Operating profit (loss)9901 | €4,047 | €52,777 | €77,793 | -€44,627 | -€7,107 | ▲ 84.1% |
| Financial income75/76B | €4,382 | €127 | €301 | €576 | €512 | ▼ 11.0% |
| Recurring financial income75 | €4,382 | €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 | €8,266 | €52,856 | €78,033 | -€44,127 | -€6,661 | ▲ 84.9% |
| Income taxes67/77 | - | €3,436 | €7,094 | €0 | - | - |
| Profit (loss) for the period9904 | €8,266 | €49,420 | €70,940 | -€44,127 | -€6,661 | ▲ 84.9% |
| Profit (loss) for the period to be appropriated9905 | €8,266 | €49,420 | €70,940 | -€44,127 | -€6,661 | ▲ 84.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131,426 | €172,687 | €290,081 | €187,817 | €146,636 | ▼ 21.9% |
| Fixed assets21/28 | - | €7,053 | €6,338 | €5,624 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | €7,053 | €6,338 | €5,624 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €7,053 | €6,338 | €5,624 | €0 | ▼ 100% |
| Current assets29/58 | €131,426 | €165,634 | €283,743 | €182,193 | €146,636 | ▼ 19.5% |
| Amounts receivable after more than one year29 | €1,382 | €0 | - | - | - | - |
| Other amounts receivable291 | €1,382 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €5,648 | €35,211 | €114,941 | €13,685 | €9,322 | ▼ 31.9% |
| Trade receivables40 | €5,301 | €35,211 | €62,600 | €12,877 | €9,169 | ▼ 28.8% |
| Other amounts receivable41 | €348 | €0 | €52,340 | €807 | €154 | ▼ 81.0% |
| Cash at bank and in hand54/58 | €120,494 | €129,641 | €168,802 | €168,114 | €137,314 | ▼ 18.3% |
| Deferred charges and accrued income490/1 | €3,902 | €782 | €0 | €394 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131,426 | €172,687 | €290,081 | €187,817 | €146,636 | ▼ 21.9% |
| Equity10/15 | -€7,002 | €42,418 | €113,357 | €69,230 | €62,569 | ▼ 9.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €320,788 | €36,218 | €107,157 | €107,157 | €105,297 | ▼ 1.7% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | €318,928 | €34,358 | €105,297 | €105,297 | €105,297 | = |
| Profit (loss) carried forward14 | -€333,990 | €0 | - | -€44,127 | -€48,928 | ▼ 10.9% |
| Amounts payable17/49 | €138,429 | €130,269 | €176,724 | €118,587 | €84,067 | ▼ 29.1% |
| Amounts payable within one year42/48 | €138,429 | €130,269 | €176,524 | €118,587 | €84,067 | ▼ 29.1% |
| Trade debts44 | €4,151 | €709 | €6,338 | €5,606 | €6,602 | ▲ 17.8% |
| Suppliers440/4 | €4,151 | €709 | €6,338 | €5,606 | €6,602 | ▲ 17.8% |
| Taxes, remuneration and social security45 | €1,238 | €3,958 | €45,557 | €179 | €3,726 | ▲ 1,977% |
| Taxes450/3 | €1,238 | €3,958 | €45,557 | €179 | €3,726 | ▲ 1,977% |
| Other amounts payable47/48 | €133,040 | €125,602 | €124,629 | €112,801 | €73,739 | ▼ 34.6% |
| Accrued charges and deferred income492/3 | - | - | €200 | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,266 | €49,420 | €70,940 | -€44,127 | -€6,661 | ▲ 84.9% |
| + Depreciation and write-downs630 | - | €92 | €714 | €714 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €8,266 | €49,512 | €71,654 | -€43,413 | -€6,661 | ▲ 84.7% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €5,624 | - |
| Change in cash | - | €9,147 | €39,162 | -€688 | -€30,800 | ▼ 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 €70,940 ▲43.5%
Operating result €77,793, net result €70,940, both a record.
30-06
Financial
Equity above €100,000Eq €113,357 ▲167%
4 profitable years in a row build equity to €113,357.
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 €17,833
Net result €17,833 after 2 loss-making years.
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet -€360,089
Net result drops to -€360,089, 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.
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.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| de enige aandeelhouder |
|
Articles of association
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…
1 more provision on this in the deed
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…
Custody of records
Gedurende de bij wet verplichte termijn, 3550 Heusden-Zolder, Laambroekstraat 10