POWER ASSISTANCE
ActivePOWER ASSISTANCE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79k and a net result of €-16k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability14▼-70
Solvency69▼-5
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.62 in 2023; short-term debt: 55.9% and cash: 1.4% of total assets), but 55.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.1%
Return on assets
-9.2%
Age of the figures
21 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
166 d late
2022
60 d late
2021
156 d late
2020
31 d late
2019
214 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€79k▼ 17.2%
2023 · €95k
2018: €101k
2019: €110k
2020: €95k
2021: €80k
2022: €82k
2023: €95k
2018 → 2024
Total assets
€178k▼ 8.0%
2023 · €194k
2018: €213k
2019: €275k
2020: €372k
2021: €252k
2022: €185k
2023: €194k
2018 → 2024
Net result
€-16k
2023 · €23k
2018: €-10k
2019: €9k
2020: €-15k
2021: €-15k
2022: €2k
2023: €23k
2018 → 2024
Working capital
€62k▲ 1.9%
2023 · €61k
2018: €-12k
2019: €10k
2020: €1k
2021: €2k
2022: €14k
2023: €61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€80k▼ 15.6%€82k▲ 1.9%€95k▲ 16.4%€79k▼ 17.2%
Operating result€-13k-€-10k▲ 22.9%€3k€34k▲ 1,153%€-6k
Net result€-15k-€-15k▲ 2.9%€2k€23k▲ 1,426%€-16k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €6k after €34k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €178k
Fixed assets
€16k▼ 51.7%
Current assets
€162k▲ 1.2%
Equity and liabilities €178k
Equity
€79k▼ 17.2%
Debt
€100k▲ 0.8%
The debt ratio rises from 51.1% to 55.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9k▼
2023 · €51k
Cash flow
€-1k▼
2023 · €40k
Solvency
44.1%▼
2023 · 48.9%
Current ratio
1.62▲
2023 · 1.62
Quick ratio
1.62▲
2023 · 1.62
Debt / equity
1.27▲
2023 · 1.04
ROE
-20.8%▼
2023 · 24.6%
ROA
-9.2%▼
2023 · 12.1%
Interest coverage
0.77▼
2023 · 35.63
Debt
€100k▲
2023 · €99k
Debt ≤ 1 year
€100k▲
2023 · €99k
Income taxes
€5k▼
2023 · €11k
Staff costs
€65k▼
2023 · €97k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€194k€178k▼
Fixed assets21/28€34k€16k▼
Intangible fixed assets21€31k€16k▼
Tangible fixed assets22/27€3k-
Furniture and vehicles24€3k-
Financial fixed assets28€850€850=
Current assets29/58€160k€162k▲
Amounts receivable after more than one year29€65k€65k=
Other amounts receivable291€65k€65k=
Amounts receivable within one year40/41€90k€95k▲
Trade receivables40€5k€37k▲
Other amounts receivable41€85k€58k▼
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€43-
Equity and liabilities
Total equity and liabilities10/49€194k€178k▼
Equity10/15€95k€79k▼
Contributions10/11€9k€9k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€85k€68k▼
Amounts payable17/49€99k€100k▲
Amounts payable within one year42/48€99k€100k▲
Trade debts44€27k€28k▲
Suppliers440/4€27k€28k▲
Advances received on contracts in progress46€12k-
Taxes, remuneration and social security45€53k€20k▼
Taxes450/3€26k€19k▼
Remuneration and social security454/9€27k€1k▼
Other amounts payable47/48€7k€51k▲
Income statement
Code20232024
Remuneration, social security and pensions62€97k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€875€2k▲
Non-recurring operating charges66A€250€6k▲
Gross operating margin9900€148k€82k▼
Operating profit (loss)9901€34k€-6k▼
Financial income75/76B€1k€9k▲
Recurring financial income75€1k€9k▲
Non-recurring financial income76B-€9k
Financial charges65/66B€1k€14k▲
Recurring financial charges65€1k€11k▲
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€34k€-11k▼
Income taxes67/77€11k€5k▼
Profit (loss) for the period9904€23k€-16k▼
Profit (loss) for the period to be appropriated9905€23k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€68k▼
Profit (loss) brought forward from the previous period14P€71k€85k▲
Profit to be distributed694/7€10k-
Return on contributions (dividend)694€10k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
13-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 166 days late
2024
31-12
Financial
Weakest financial yearnet €-16k ▼170%
Net result drops to €-16k, the lowest in the series.
2023
31-12
Financial
Highest result since 2018net €23k ▲1426%
Operating result €34k, net result €23k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 156 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
02-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 214 days late
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 505 days late
2019
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
2018
13-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 105 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
03-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Mont-Saint-Guibert · 1 establishment unit since 2007
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.
Grand'Route 441435 Mont-Saint-GuibertGround area
1,619 m²
Building footprint
266 m²
Volume, LiDAR
2,171 m³
2 parcels, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Power Assistance
since 20072.162.700.221
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112M0167/00D000 | Wallonia | 998 m² | 1 · 70 m² | 11.8 m · 3 fl. |
| 25020A0287/00Y002indicative | Wallonia | 621 m² | 1 · 196 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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
INVENTTECH
BE 0885.497.261
Schilde · Eq €79k
FAT FOX ENGINEERING
BE 0802.741.712
Montigny-le-Tilleul · Eq €79k
Van den Broeck Gert
BE 0745.926.139
Heist-op-den-Berg · Eq €79k
Develop Consult
BE 0738.750.614
Edegem · Eq €79k
Akoma Engineering
BE 1005.028.975
Faimes · Eq €79k
Of 11,554 companies in sector 71121 we hold annual accounts for 6,561. 5,159 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-05-2007
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@powerassistance.be
Phone:016/82.49.56
Phone:0486/82.04.41