POWER INNOVATIONS
ActiveSummary
The computed 12-month bankruptcy probability of POWER INNOVATIONS is 4.7% (elevated). The 2024 annual accounts show equity of €4k and a net result of €2k. Its solvency ranks better than 84% of 9982 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
balance sheet total too small for a liquidity verdict.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2024Age of the figures
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 1 filingDeviation from the deadline
2024
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€4k
Total assets
€5k
Net result
€2k
Working capital
€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €5k
Equity
€4k
Debt
€1k
Debt finances 24.8% of the balance-sheet total.
Key figures and ratios
Debt ≤ 1 year
€1k
Income taxes
€506
Ratios withheld: a balance sheet total of €5k is too small for a meaningful ratio.
Filed annual accounts As filed with the NBB · 2024 · 26 lines
Balance sheet
Code2024
Assets
Total assets20/58€5k
Current assets29/58€5k
Amounts receivable within one year40/41€3k
Trade receivables40€835
Other amounts receivable41€2k
Cash at bank and in hand54/58€2k
Equity and liabilities
Total equity and liabilities10/49€5k
Equity10/15€4k
Contributions10/11€2k
Profit (loss) carried forward14€2k
Amounts payable17/49€1k
Amounts payable within one year42/48€1k
Trade debts44€690
Suppliers440/4€690
Taxes, remuneration and social security45€506
Taxes450/3€506
Income statement
Code2024
Other operating charges640/8€388
Gross operating margin9900€3k
Operating profit (loss)9901€2k
Financial charges65/66B€50
Recurring financial charges65€50
Profit (loss) for the period before taxes9903€2k
Income taxes67/77€506
Profit (loss) for the period9904€2k
Profit (loss) for the period to be appropriated9905€2k
Appropriation of the result
Profit (loss) to be appropriated9906€2k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
NBB filing
Directors · office · real estate
Directors
2 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, Ukkel · 1 establishment unit since 2024
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.
Sterstraat 271180 UkkelGround area
1,427 m²
Building footprint
511 m²
Volume, LiDAR
7,733 m³
2 parcels, Brussels · tallest building 19.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
POWER INNOVATIONS
since 20242.356.835.130
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21010B0157/00E003 | Brussels | 1,063 m² | 1 · 430 m² | 19.3 m · 6 fl. |
| 21616G0240/00T000 | Brussels | 363 m² | 1 · 81 m² | 15.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 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
Boon Bouwbedrijf
BE 0784.549.262
Lede · Eq €4k
Hope
BE 0769.524.160
Leopoldsburg · Eq €4k
ALL MULTISERVICES
BE 0782.629.454
Wemmel · Eq €4k
BOUWWERKEN BOONEN
BE 0784.298.151
Gingelom · Eq €4k
SOBO Projects
BE 0764.944.473
Kluisbergen · Eq €4k
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 5,267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43110Demolition
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.