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Complete company report
Generated 16-08-2026
Active BE 0474.665.738Public limited company

POWER ESTATE

Heidelaan 29 ·8420 De Haan, Belgium· 25 yrs active
Conclusion Checked

The KBO register records legal situation 050 for POWER ESTATE (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-118k) and a net result of €-1k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €-118k
Net result €-1k
Active 25 yrs
Publications 5
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability6Solvency33Growth78Stability0
23 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 6
Solvency 33
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
20 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 4 historical bankruptcy publications (+20)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2021 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2021 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 30-08-2023 with the NBB · fiscal year 2022 · micro
€-600k€-400k€-200k€0€200kOperating result 2018: €-30k€-30kNet result 2018: €-279k€-279kOperating result 2019: €138k€138kNet result 2019: €-442k€-442kOperating result 2020: €-1k€-1kNet result 2020: €-443k€-443kOperating result 2021: €-1k€-1kNet result 2021: €-1k€-1k2018201920202021
Operating resultNet result
EBITDA
€-27k
- 18-21
Net profit
€-1k
+99.7% 18-21
Cash flow
€-276k
- 18-21
Total assets
€1k
-0.5% 18-21
Equity
€-118k
-1.2% 18-21
Working capital
€-43k
-3.3% 18-21
Income taxes
€-707
- 18-21
Debt
€44k
+3.2% 18-21
Show 7 other metrics
Debt ≤ 1y
€44k
+3.2% 18-21
Current ratio
0.02
-3.5% 18-21
Quick ratio
0.02
-3.5% 18-21
Solvency
-11723.4%
-1.6% 18-21
Debt / equity
-0.37
- 18-21
ROE
1.1%
-99.7% 18-21
ROA
-134.3%
+99.7% 18-21
Figures by fiscal year
Fiscal year2021
Depositmicro
Revenue-
EBITDA-
Net profit€-1k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€1k
Equity€-118k
Debt€44k
of which ≤ 1y€44k
of which > 1y-
Working capital€-43k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.02
Quick ratio0.02
Working capital ratio-4245.5%
Solvency-11723.4%
Debt / equity-0.37
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-134.3%
ROE1.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€1k
Current assets 29/58€1k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€3
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1k
Equity 10/15€-118k
Contributions / capital 10/11€100k
Reserves 13€227k
Accumulated profits (losses) 14€-445k
Provisions & deferred taxes 16€75k
Amounts payable 17/49€44k
Amounts payable within one year 42/48€44k
Trade debts payable within one year 44€5k
Income statement
Gross operating margin 9900€-1k
Operating result 9901€-1k
Financial charges 65€35
Result before taxes 9903€-1k
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Former directors (2)
  • Jeroen Joris
    Managing director
    State Gazette act 22149449 (19-12-2022)
    Former
    - → 01-12-2020
  • POFFE Eugeen
    Director
    State Gazette act 22149449 (19-12-2022)
    Former
    - → 01-12-2020
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates2 persons
Role Name Tenure Source
Curator ALEX VROMBAUT
GERARD DAVIDSTRAAT 46, BUS 1, 8000 BRUGGE
 09-11-2023 → present Belgian State Gazette
Curator VINCENT TERLINDEN
Avenue Louise 349/16, 1050 BRUXELLES 5
 13-08-2018 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Public limited company(014)
Incorporation25-04-2001
StatusActive
Postal code8420
First BS signal 20-08-2018
Latest BS signal 22-05-2026
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35007D0270/00R029 Flanders 294 m² 1 · 100 m² 7.5 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 15 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
22-05-2026
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Brugge · POWER ESTATE NV HEIDELAAN 29, 8420 DE HAAN · event 18-05-2026
2023
16-11-2023
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · POWER ESTATE NV HEIDE- LAAN 29, 8420 DE HAAN · event 09-11-2023
30-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
19-12-2022
State Gazette act Director changes
29-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
26-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
16-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
26-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
20-11-2018
Bankruptcy Bankruptcy reversal
Tribunal de commerce francophone de Bruxelles · POWER ESTATE SA RUE VAN LINT 53, 1070 ANDER- LECHT. déclarée le 13 août 2018 · event 15-10-2018
03-10-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
20-08-2018
Bankruptcy Opening
Tribunal de commerce francophone de Bruxelles · POWER ESTATE SA RUE VAN LINT 53, 1070 ANDERLECHT · event 13-08-2018
2017
27-09-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
22-09-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
15-09-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
29-08-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
Lifecycle & Insolvency Signals4 events
22-05-2026
Bankruptcy Bankruptcy closure (by liquidation)
Date: 18-05-2026 · Ondernemingsrechtbank Gent, afdeling Brugge · POWER ESTATE NV HEIDELAAN 29, 8420 DE HAAN · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 3 further earlier events in this file, covering 13-08-2018 to 18-05-2026.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2018, 2026
COVID lockdownEnergiecrisisECB hikes2018201920202021202220232024202520262018-08-20 · Bankruptcy · Opening2018-11-20 · Bankruptcy · Bankruptcy reversal2023-11-16 · Bankruptcy · Opening2026-05-22 · Bankruptcy · Bankruptcy closure (by liquidation)
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2022
19-12-2022 2 resigning Director changes
  • POFFE Eugeen, Bestuurder
  • Jeroen Joris, Gedelegeerd bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "POFFE Eugeen",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2020-12-01",
      "evidence_quote": "De buitengewone algemene vergadering van 7 december 2020 aanvaardt unaniem het ontsiag van de Heer POFFE Eugeen op 1 december 2020.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_out",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Jeroen Joris",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2020-12-01",
      "evidence_quote": "De buitengewone algemene vergadering van 7 december 2020 aanvaardt unaniem het ontsiag van de Heer POFFE Eugeen op 1 december 2020. als bestuurder en ged. bestuurder",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brugge",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2022-12-08",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2020-12-07",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0474.665.738",
    "name_full": "POWER ESTATE",
    "legal_form": "NAAMLOZE VENNOOTSCHAP"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR POWER ESTATE
Registered office
Heidelaan 29
8420 De Haan, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative