POWER DEVELOPMENT ENGINEERING
ActiveSummary
POWER DEVELOPMENT ENGINEERING has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,692 and a net result of €7,806. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 62% of 2,545 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121Land surveying NACE 71122
1 site
Size
€139,253total assets 2025
- Staff
- 1.1 FTE
- Equity
- €80,692
- Profit
- €7,806
Turnover not published (abbreviated or micro format)
Structure
2025 accounts 27 days early1 of 2 deeds summarised
Why 93raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 2.26, cash €64,143Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €80,692 (57.9% of total assets)Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 71, micro)
Financial strength · tick = 2024
Strong
Solvency
83-17
equity 57.9% of total assets
Liquidity
80+13
short-term debt 42.1% · cash 46.1%
Profitability
76-23
return on assets 5.6%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: 0.1%▲ +0.1 percentage points vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.26, compared with 4.88 in 2024, above the usual 1.5; short-term debt: 42.1% and cash: 46.1% of total assets), and 42.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 56% on solvency, 69% on liquidity, 41% on profitability and 27% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-07-2026, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
27 days early
2024
29 days early
2023
40 days early
2022
20 days early
2021
34 days early
2020
27 days late
2019
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Registered office · Legal-form change ·…Capital conversion · Registered-office move…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
Equity
€80,692▼ 10.7%
2024 · €90,397
Total assets
€139,253▲ 26.7%
2024 · €109,931
Net result
€7,806▼ 70.7%
2024 · €26,651
Working capital
€74,056▼ 2.3%
2024 · €75,822
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 70% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€11,393
2025
Net result€7,806
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€139,253
2025
Equity€80,692
2025
Debt€58,561
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€74,056
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency57.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.26
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1.1
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€31,002-€28,958▼ 6.6%€73,084▲ 152%€59,166▼ 19.0%-€5,958€41,969€38,469▼ 8.3%€11,393▼ 70.4%
Net result€23,504-€20,117▼ 14.4%€50,542above the sector's middle half▲ 151%€43,310above the sector's middle half▼ 14.3%-€7,282below the sector's middle half€32,847within the sector's middle half€26,651within the sector's middle half▼ 18.9%€7,806within the sector's middle half▼ 70.7%
Equity€34,660-€34,776▲ 0.3%€55,318within the sector's middle half▲ 59.1%€56,752within the sector's middle half▲ 2.6%€49,470within the sector's middle half▼ 12.8%€63,746within the sector's middle half▲ 28.9%€90,397within the sector's middle half▲ 41.8%€80,692within the sector's middle half▼ 10.7%
Total assets€93,352-€101,157▲ 8.4%€86,356within the sector's middle half▼ 14.6%€109,059within the sector's middle half▲ 26.3%€90,547within the sector's middle half▼ 17.0%€82,429within the sector's middle half▼ 9.0%€109,931within the sector's middle half▲ 33.4%€139,253below the sector's middle half▲ 26.7%
Debt€58,692-€66,381▲ 13.1%€31,038▼ 53.2%€52,307▲ 68.5%€41,077▼ 21.5%€18,683▼ 54.5%€19,534▲ 4.6%€58,561▲ 200%
Working capital€6,120-€16,096▲ 163%€47,768within the sector's middle half▲ 197%€55,810within the sector's middle half▲ 16.8%€23,319within the sector's middle half▼ 58.2%€42,362within the sector's middle half▲ 81.7%€75,822within the sector's middle half▲ 79.0%€74,056within the sector's middle half▼ 2.3%
Solvency37.1%-34.4%▼ 2.7pp64.1%within the sector's middle half▲ 29.7pp52.0%within the sector's middle half▼ 12.0pp54.6%within the sector's middle half▲ 2.6pp77.3%above the sector's middle half▲ 22.7pp82.2%above the sector's middle half▲ 4.9pp57.9%within the sector's middle half▼ 24.3pp
Current ratio1.12-1.25▲ 0.122.54within the sector's middle half▲ 1.292.07within the sector's middle half▼ 0.471.57within the sector's middle half▼ 0.503.27within the sector's middle half▲ 1.704.88above the sector's middle half▲ 1.612.26within the sector's middle half▼ 2.62
Return on assets (ROA)25.2%-19.9%▼ 5.3pp58.5%above the sector's middle half▲ 38.6pp39.7%above the sector's middle half▼ 18.8pp-8.0%below the sector's middle half▼ 47.8pp39.8%above the sector's middle half▲ 47.9pp24.2%within the sector's middle half▼ 15.6pp5.6%within the sector's middle half▼ 18.6pp
Staff (FTE)0.5-1.5▲ 200%0.1below the sector's middle half▼ 93.3%11.1within the sector's middle half▲ 10.0%
above
within
below
the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139,253
Fixed assets
€6,636 ▼ 54.5%
Current assets
€132,617 ▲ 39.1%
Equity and liabilities €139,253
Equity
€80,692 ▼ 10.7%
Debt
€58,561 ▲ 200%
Debt's share of the balance-sheet total rises from 17.8% to 42.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20,761▼
2024 · €47,648
Cash flow
€17,174▼
2024 · €35,830
Debt to equity
0.73▲
2024 · 0.22
ROE
9.7%▼
2024 · 29.5%
Interest coverage
14.55▼
2024 · 29.47
Debt ≤ 1 year
€58,561▲
2024 · €19,534
Income taxes
€2,214▼
2024 · €10,204
Staff costs
€48,437▲
2024 · €34,661
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93.5%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 31,373 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
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €34,661 | €48,437 | ▲ 39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,638 | €17,472 | €14,320 | €6,608 | €7,814 | €8,419 | €9,179 | €9,368 | ▲ 2.1% |
| Other operating charges640/8 | - | - | - | €431 | €2,128 | €1,093 | €1,133 | €3,312 | ▲ 192% |
| Gross operating margin9900 | €65,313 | €105,338 | €92,606 | €66,205 | €3,984 | €51,481 | €83,442 | €72,510 | ▼ 13.1% |
| Operating profit (loss)9901 | €31,002 | €28,958 | €73,084 | €59,166 | -€5,958 | €41,969 | €38,469 | €11,393 | ▼ 70.4% |
| Financial income75/76B | - | - | - | - | €3 | €1 | €2 | €54 | ▲ 22× |
| Recurring financial income75 | €86 | €395 | €70 | - | €3 | €1 | €2 | €54 | ▲ 22× |
| Financial charges65/66B | - | - | - | €807 | €1,215 | €1,490 | €1,617 | €1,427 | ▼ 11.7% |
| Recurring financial charges65 | €1,598 | €1,835 | €1,549 | €807 | €1,215 | €1,490 | €1,617 | €1,427 | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €29,491 | €27,518 | €71,604 | €58,359 | -€7,170 | €40,480 | €36,855 | €10,020 | ▼ 72.8% |
| Income taxes67/77 | €5,987 | €7,401 | €21,062 | €15,048 | €112 | €7,633 | €10,204 | €2,214 | ▼ 78.3% |
| Profit (loss) for the period9904 | €23,504 | €20,117 | €50,542 | €43,310 | -€7,282 | €32,847 | €26,651 | €7,806 | ▼ 70.7% |
| Profit (loss) for the period to be appropriated9905 | €22,523 | €19,217 | €54,402 | €43,310 | -€7,282 | €32,847 | €26,651 | €7,806 | ▼ 70.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €93,352 | €101,157 | €86,356 | €109,059 | €90,547 | €82,429 | €109,931 | €139,253 | ▲ 26.7% |
| Fixed assets21/28 | €37,353 | €19,881 | €7,550 | €942 | €26,151 | €21,384 | €14,575 | €6,636 | ▼ 54.5% |
| Intangible fixed assets21 | €33,156 | €19,550 | €5,945 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €4,197 | €330 | €1,605 | €942 | €25,251 | €21,384 | €14,575 | €6,636 | ▼ 54.5% |
| Plant, machinery and equipment23 | - | - | - | - | - | €4,443 | €3,874 | €3,305 | ▼ 14.7% |
| Furniture and vehicles24 | - | - | - | €942 | €25,251 | €16,942 | €10,701 | €3,331 | ▼ 68.9% |
| Financial fixed assets28 | - | - | - | - | €900 | - | - | - | - |
| Current assets29/58 | €55,999 | €81,276 | €78,806 | €108,117 | €64,396 | €61,045 | €95,356 | €132,617 | ▲ 39.1% |
| Amounts receivable within one year40/41 | €39,858 | €76,907 | €55,990 | - | €60,892 | €7,743 | €72,680 | €66,750 | ▼ 8.2% |
| Trade receivables40 | - | - | - | - | €33,504 | €5,376 | €72,680 | €58,964 | ▼ 18.9% |
| Other amounts receivable41 | - | - | - | - | €27,388 | €2,367 | - | €7,787 | - |
| Cash at bank and in hand54/58 | €16,141 | €3,958 | €22,176 | €107,454 | €364 | €51,594 | €19,256 | €64,143 | ▲ 233% |
| Deferred charges and accrued income490/1 | - | - | - | €663 | €3,140 | €1,708 | €3,420 | €1,724 | ▼ 49.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €93,352 | €101,157 | €86,356 | €109,059 | €90,547 | €82,429 | €109,931 | €139,253 | ▲ 26.7% |
| Equity10/15 | €34,660 | €34,776 | €55,318 | €56,752 | €49,470 | €63,746 | €90,397 | €80,692 | ▼ 10.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €1,860 | ▼ 70.0% |
| Capital10 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | - | - |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | - | - |
| Contributions outside capital11 | - | - | - | - | - | - | - | €1,860 | - |
| Other1109/19 | - | - | - | - | - | - | - | €1,860 | - |
| Reserves13 | €8,509 | €27,591 | €48,133 | €50,367 | €50,367 | €57,546 | €84,197 | €78,832 | ▼ 6.4% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | €48,507 | €48,507 | €55,686 | €82,337 | €78,832 | ▼ 4.3% |
| Profit (loss) carried forward14 | €19,950 | €985 | €985 | €185 | -€7,097 | - | - | - | - |
| Amounts payable17/49 | €58,692 | €66,381 | €31,038 | €52,307 | €41,077 | €18,683 | €19,534 | €58,561 | ▲ 200% |
| Amounts payable after more than one year17 | €8,813 | €1,200 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €49,879 | €65,181 | €31,038 | €52,307 | €41,077 | €18,683 | €19,534 | €58,561 | ▲ 200% |
| Financial debts43 | - | - | - | €3,122 | €25,621 | €2,990 | €2,982 | €3,023 | ▲ 1.4% |
| Credit institutions430/8 | - | - | - | €3,122 | €25,621 | €2,990 | €2,982 | €3,023 | ▲ 1.4% |
| Trade debts44 | €6,063 | €1,517 | €1,204 | €838 | €7,155 | €4,122 | €5,477 | €22,856 | ▲ 317% |
| Suppliers440/4 | - | - | - | €838 | €7,155 | €4,122 | €5,477 | €22,856 | ▲ 317% |
| Taxes, remuneration and social security45 | - | - | - | €25,537 | €8,034 | €5,954 | €11,073 | €23,935 | ▲ 116% |
| Taxes450/3 | - | - | - | €25,537 | €8,034 | €4,754 | €955 | €6,758 | ▲ 607% |
| Remuneration and social security454/9 | - | - | - | - | - | €1,200 | €10,118 | €17,177 | ▲ 69.8% |
| Other amounts payable47/48 | - | - | - | €22,811 | €267 | €5,617 | €3 | €8,747 | ▲ 3,457× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,504 | €20,117 | €50,542 | €43,310 | -€7,282 | €32,847 | €26,651 | €7,806 | ▼ 70.7% |
| + Depreciation and write-downs630 | €16,638 | €17,472 | €14,320 | €6,608 | €7,814 | €8,419 | €9,179 | €9,368 | ▲ 2.1% |
| Operating cash flow (approximation) | €40,142 | €37,588 | €64,862 | €49,919 | €532 | €41,266 | €35,830 | €17,174 | ▼ 52.1% |
| Investment in fixed assets (approximation) | - | €0 | -€1,989 | €0 | -€33,023 | -€3,652 | -€2,370 | -€1,429 | ▲ 39.7% |
| Change in cash | - | -€12,182 | €18,218 | €85,278 | -€107,091 | €51,230 | -€32,338 | €44,887 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 04-07-2026 | 2026-00252286 |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00217175 |
| 31-12-2023 | micro format | 21-06-2024 | 2024-00147796 |
| 31-12-2022 | micro format | 11-07-2023 | 2023-00224099 |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20095335 |
| 31-12-2020 | micro format | 27-08-2021 | 2021-54400463 |
| 31-12-2019 | micro format | 17-08-2020 | 2020-41800419 |
| 31-12-2018 | micro format | 25-10-2019 | 2019-71700023 |
| 31-12-2017 | micro format | 17-09-2018 | 2018-63200555 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57000195 |
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Of the 11,525 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,725. 5,305 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Capital and shareholders
Capital over the years
- 30-01-2026 Converted to unavailable equity
Group and network
Connections & network
No directors read yet: 1 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
04-07
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
30-01
Gazette deed
Registered office · Legal-form change · Resignations & appointmentsCapital conversion · Registered-office move · Amendment of the articles7 facts ▸
Gazette deed
Registered office · Legal-form change · Resignations & appointments
Capital conversion · Registered-office move · Amendment of the articles7 facts ▸
- General meeting, “Chaussée de Saint-Job 366,1180 Uccle, unanimité” (deed in French)
- Other provision, “conversion mandat gérant en mandat administrateur, converti de plein droit” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponibles” (deed in French)
- Other provision, 1860, “limitation compte indisponible et dispense apports non appelés” (deed in French)
- Registered-office move, rue d’Edimbourg 26,1050 Ixelles
- Amendment of the articles
- Capital
2025
02-07
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
21-06
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial
Back to profitnet €32,847
Net result €32,847 after one loss-making year.
31-12
Financial
Liquidity more than doubledcurrent ratio 3.27
Current ratio from 1.57 to 3.27; short-term debt falls from €41,077 to €18,683.
11-07
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial
Weakest financial yearnet -€7,282
Net result drops to -€7,282, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
27-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 27 days late
2020
31-12
Financial
Highest result from 2018 to 2025net €50,542 ▲151%
Operating result €73,084, net result €50,542, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.54
Current ratio from 1.25 to 2.54; short-term debt falls from €65,181 to €31,038.
Show earlier events
17-08
NBB filing
Annual accounts filed
financial year 2019 · micro format · 17 days late
2019
25-10
NBB filing
Annual accounts filed
financial year 2018 · micro format · 86 days late
2018
17-09
NBB filing
Annual accounts filed
financial year 2017 · micro format · 48 days late
2017
31-08
NBB filing
Annual accounts filed
financial year 2016 · micro format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
1 of 2 deeds read
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded03-08-2001
Financial year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71122Land surveying
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475426692
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2001
Ground area
695 m²
Building footprint
418 m²
Building volume
6,113 m³
2 parcels, Brussels · tallest building 22.2 m. Linked by address, not a title deed.
81
companies at this address
See who is registered here
1 establishment unit
PDE
since 2001unit no. 2.098.342.897
2 parcels
Brussels
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21009A0786/00K000 | Brussels | 478 m² | 1 · 344 m² | 22.2 m · 6 |
| 21674C0132/00F002 | Brussels | 217 m² | 1 · 74 m² | 11.8 m · 3 |
How the parcels are linked
Good to know
Both parcels match the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La fourniture de services dans le domaine de l’énergie,principalement en matière de planification d’équipements et de réseaux de…” (deed in French)
5 activities (deed in French)
- La fourniture de services dans le domaine de l’énergie,principalement en matière de planification d’équipements et de réseaux de distribution d’électricité,d’interconnections de réseaux électriques
- La formation des opérateurs de réseaux électriques,formation des ingénieurs en planification
- En matière d’exploitation d’installations,dont entre autres des installations de production d’électricité à partir d’énergies renouvelables (éoliennes,photovoltaïque,....),ainsi qu’en utilisation rationnelle de l’énergie (URE),dont la maîtrise de la demande d’électricité en particulier
- L’étude,l’analyse,le conseil,l’expertise et l’ingénierie dans le cadre des activités prédécrites,entre autres en matière d’urbanisme et des relations énergie-urbanisme et de la demande d’électricité
- La vente,l’achat,la location l’import,l’export,la représentation,en gros ou en détail,de matériel électrique,lié aux services dont question ci-dessus
- Name clauseThe name the company operates under according to its articles.
- POWER DEVELOPMENT ENGINEERING
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, peut établir par simple décision organe sièges administratifs,agences,ateliers,dépôts,succursales tant en…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “S’ils sont plusieurs, chaque administrateur agissant seul, peut accomplir tous les actes d'administration et de disposi-tion qui…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, 1” (deed in French)“Représentant permanent personne morale administrateur ou délégué gestion journalière, solidairement mêmes responsabilités civiles et pénales…” (deed in French)“Termine mandat prédécesseur, administrateurs constituent un organe collégial” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Rapport justificatif organe administration annoncé à ordre du jour, état résumant situation active et passive arrêté à date ne remontant pas…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Nomination liquidateurs met fin pouvoirs organe administration, hors dissolution judiciaire ou dissolution pouvant être prononcée par…” (deed in French)