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POWER SOLUTIONS

Active
Public limited companyfounded 197451 yrs activeBlikstraat 2, 2110 Wijnegem, BelgiumKBO/BCE: BE 0414.641.049
Summary

POWER SOLUTIONS has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.0m and a net result of €3.1m. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 53% of 448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability77▲+24
Solvency69▲+5
Growth60▲+21
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,150,000 at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.51 in 2024; short-term debt: 43.6% and cash: 17% of total assets), but 56.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 51 years 0 60 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.8%
Return on assets
8.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 · 9 filings
Deviation from the deadline
2025
5 d late
2024
22 d late
2023
23 d late
2022
4 d late
2021
13 d early
2020
145 d late
2019
196 d 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 55 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

POWER SOLUTIONS was incorporated on 12 December 1974.1 Revenue grew from EUR 28 million in 2018 to EUR 53 million in 2025 and headcount from 27.4 to 23.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema, statutory accounts

Turnover
€53.4m▲ 36.4%
2024 · €39.2m
EBIT margin
11.3%▲ 5.2pp
2024 · 6.1%
Net result
€3.1m
2024 · -€555,642
Working capital
€12.0m▲ 42.9%
2024 · €8.4m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€24.8m▼ 27.4%€37.7m▲ 52.1%€36.8m▼ 2.2%€39.2m▲ 6.4%€53.4m▲ 36.4%
Operating result-€47,647▲ 93.8%€2.6m€6.5m▲ 153%€2.4m▼ 63.5%€6.0m▲ 153%
Net result€214,103within the sector's middle half▼ 43.7%€1.8mabove the sector's middle half▲ 726%€971,380above the sector's middle half▼ 45.1%-€555,642below the sector's middle half€3.1mabove the sector's middle half
EBIT margin-0.2%▲ 2.0pp6.9%▲ 7.0pp17.7%▲ 10.9pp6.1%▼ 11.6pp11.3%▲ 5.2pp
Equity€10.7mabove the sector's middle half▲ 2.0%€12.5mabove the sector's middle half▲ 16.5%€13.5mabove the sector's middle half▲ 7.8%€12.9mabove the sector's middle half▼ 4.1%€16.0mabove the sector's middle half▲ 23.6%
Total assets€30.9mabove the sector's middle half▼ 4.5%€29.1mabove the sector's middle half▼ 5.9%€29.5mabove the sector's middle half▲ 1.4%€33.5mabove the sector's middle half▲ 13.3%€36.5mabove the sector's middle half▲ 9.0%
Debt€20.1m▼ 7.9%€16.5m▼ 18.1%€15.7m▼ 4.9%€20.3m▲ 29.6%€20.4m▲ 0.5%
Working capital€2.6mabove the sector's middle half▼ 1.5%€11.8mabove the sector's middle half▲ 354%€10.3mabove the sector's middle half▼ 13.2%€8.4mabove the sector's middle half▼ 18.1%€12.0mabove the sector's middle half▲ 42.9%
Solvency34.7%within the sector's middle half▲ 2.2pp43.0%within the sector's middle half▲ 8.2pp45.6%within the sector's middle half▲ 2.7pp38.6%within the sector's middle half▼ 7.0pp43.8%within the sector's middle half▲ 5.2pp
Current ratio1.22within the sector's middle half▲ 0.012.22within the sector's middle half▲ 1.001.90within the sector's middle half▼ 0.321.51within the sector's middle half▼ 0.391.75within the sector's middle half▲ 0.24
Return on assets (ROA)0.7%within the sector's middle half▼ 0.5pp6.1%within the sector's middle half▲ 5.4pp3.3%within the sector's middle half▼ 2.8pp-1.7%below the sector's middle half▼ 5.0pp8.4%above the sector's middle half▲ 10.0pp
Staff (FTE)23.3within the sector's middle half▲ 0.4%24.8within the sector's middle half▲ 6.4%24.8within the sector's middle half=25.5within the sector's middle half▲ 2.8%23.5within the sector's middle half▼ 7.8%
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.0m€0€2.0m€4.0m€6.0mOperating result 2021: -€47,647-€47,647Net result 2021: €214,103€214,103Operating result 2022: €2.6m€2.6mNet result 2022: €1.8m€1.8mOperating result 2023: €6.5m€6.5mNet result 2023: €971,380€971,380Operating result 2024: €2.4m€2.4mNet result 2024: -€555,642-€555,642Operating result 2025: €6.0m€6.0mNet result 2025: €3.1m€3.1m20212022202320242025-€2m€0€2m€4m€6mOperating result 2023: €6.5m€6.5mNet result 2023: €971,380€971,000Operating result 2024: €2.4m€2.4mNet result 2024: -€555,642-€556,000Operating result 2025: €6.0m€6mNet result 2025: €3.1m€3.1m202320242025
The operating result recovers in 2025; 2025 is 153% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36.5m
Fixed assets €8.6m ▼ 0.2%
Current assets €27.9m ▲ 12.2%
Equity and liabilities €36.5m
Equity €16.0m ▲ 23.6%
Provisions €99,245 ▼ 59.1%
Debt €20.4m ▲ 0.5%
Debt's share of the balance-sheet total falls from 60.7% to 55.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6.9m▲
2024 · €3.2m
Cash flow
€3.9m▲
2024 · €286,399
Quick ratio
1.58▲
2024 · 0.92
Debt to equity
1.28▼
2024 · 1.57
ROE
19.1%▲
2024 · -4.3%
Interest coverage
7.08▲
2024 · 4.32
Debt ≤ 1 year
€15.9m▼
2024 · €16.5m
Debt > 1 year
€2.6m▼
2024 · €3.1m
Income taxes
€582,560▲
2024 · €139,140
Staff costs
€3.3m▲
2024 · €2.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 20,134 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 90 lines
Balance sheet Code20242025
Assets
Total assets20/58€33.5m€36.5m▲
Fixed assets21/28€8.6m€8.6m▼
Intangible fixed assets21-€110,450
Tangible fixed assets22/27€3.5m€3.3m▼
Plant, machinery and equipment23€3.4m€3.3m▼
Furniture and vehicles24€67,803€54,239▼
Other tangible fixed assets26-€10,931
Financial fixed assets28€5.1m€5.1m=
Affiliated companies280/1€5.1m€5.1m=
Participating interests280€5.1m€5.1m=
Other financial fixed assets284/8€8,889€7,239▼
Amounts receivable and cash guarantees285/8€8,889€7,239▼
Current assets29/58€24.9m€27.9m▲
Stocks and contracts in progress3€9.7m€2.8m▼
Stocks30/36€9.7m€2.8m▼
Raw materials and consumables30/31€1.9m€1.7m▼
Goods purchased for resale34€1.2m€1.0m▼
Advance payments36€6.6m-
Amounts receivable within one year40/41€10.4m€16.3m▲
Trade receivables40€9.8m€10.2m▲
Other amounts receivable41€619,491€6.1m▲
Cash at bank and in hand54/58€4.3m€6.2m▲
Deferred charges and accrued income490/1€505,875€2.6m▲
Equity and liabilities
Total equity and liabilities10/49€33.5m€36.5m▲
Equity10/15€12.9m€16.0m▲
Contributions10/11€10.5m€10.5m=
Capital10€10.5m€10.5m=
Issued capital100€10.5m€10.5m=
Reserves13€2.4m€5.5m▲
Non-distributable reserves130/1€910,000€1.1m▲
Legal reserve130€910,000€1.1m▲
Distributable reserves133€1.5m€4.4m▲
Provisions and deferred taxes16€242,464€99,245▼
Provisions for liabilities and charges160/5€242,464€99,245▼
Pensions and similar obligations160€103,938€99,245▼
Other liabilities and charges164/5€138,526-
Amounts payable17/49€20.3m€20.4m▲
Amounts payable after more than one year17€3.1m€2.6m▼
Financial debts170/4€3.1m€2.6m▼
Subordinated loans170€2.0m€2.0m=
Other loans174€1.1m€601,823▼
Amounts payable within one year42/48€16.5m€15.9m▼
Current portion of amounts payable after more than one year42€610,859€506,068▼
Financial debts43€8.8m€2.5m▼
Credit institutions430/8€8.8m€2.5m▼
Trade debts44€6.4m€10.9m▲
Suppliers440/4€6.4m€10.9m▲
Taxes, remuneration and social security45€623,535€2.0m▲
Taxes450/3€320,526€1.7m▲
Remuneration and social security454/9€303,010€283,538▼
Other amounts payable47/48€57,145€22,615▼
Accrued charges and deferred income492/3€723,825€1.9m▲
Income statement Code20242025
Operating income70/76A€40.4m€53.8m▲
Turnover70€39.2m€53.4m▲
Other operating income74€800,639€304,218▼
Non-recurring operating income76A€439,744€37,422▼
Operating charges60/66A€38.0m€47.7m▲
Goods for resale, raw materials and consumables60€28.1m€35.8m▲
Purchases600/8€28.5m€35.5m▲
Change in stocks: decrease (increase)609-€332,498€316,663▲
Services and other goods61€5.4m€7.3m▲
Remuneration, social security and pensions62€2.9m€3.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€842,041€852,780▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9,535-€35,677▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€280,250-€143,219▲
Other operating charges640/8€15,766€198,697▲
Non-recurring operating charges66A€1.0m€500,000▼
Operating profit (loss)9901€2.4m€6.0m▲
Financial income75/76B€26,095€1.1m▲
Recurring financial income75€26,095€1.1m▲
Income from financial fixed assets750€22,336€1.0m▲
Income from current assets751€430€13,498▲
Other financial income752/9€3,328€69,414▲
Financial charges65/66B€2.8m€3.5m▲
Recurring financial charges65€876,984€1.3m▲
Debt charges650€747,125€974,096▲
Other financial charges652/9€129,859€369,458▲
Non-recurring financial charges66B€2.0m€2.1m▲
Profit (loss) for the period before taxes9903-€416,503€3.6m▲
Income taxes67/77€139,140€582,560▲
Taxes670/3€139,140€606,287▲
Tax adjustments and reversals of tax provisions77-€23,727
Profit (loss) for the period9904-€555,642€3.1m▲
Transfer from tax-exempt reserves789€762,568-
Profit (loss) for the period to be appropriated9905€206,926€3.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€206,926€3.1m▲
Transfer to equity691/2€206,926€3.1m▲
To the legal reserve6920€203,850€140,000▼
To other reserves6921€3,076€2.9m▲
Social balance
Average headcount (FTE)908725.523.5▼

The notes to these accounts (93 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€25.0m€38.1m€40.1m€40.4m€53.8m▲ 33.0%
Turnover70€24.8m€37.7m€36.8m€39.2m€53.4m▲ 36.4%
Other operating income74€115,639€275,565€220,624€800,639€304,218▼ 62.0%
Non-recurring operating income76A€98,417€170,774€3.0m€439,744€37,422▼ 91.5%
Operating charges60/66A€25.0m€35.5m€33.5m€38.0m€47.7m▲ 25.5%
Goods for resale, raw materials and consumables60€15.0m€27.2m€25.3m€28.1m€35.8m▲ 27.3%
Purchases600/8€15.2m€28.4m€25.3m€28.5m€35.5m▲ 24.7%
Change in stocks: decrease (increase)609-€255,323-€1.2m€68,546-€332,498€316,663▲ 195%
Services and other goods61€4.1m€4.2m€4.5m€5.4m€7.3m▲ 34.7%
Remuneration, social security and pensions62€2.4m€2.7m€2.9m€2.9m€3.3m▲ 12.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.1m€257,864€455,741€842,041€852,780▲ 1.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1.9m€709,755-€148,742€9,535-€35,677▼ 474%
Provisions for liabilities and charges: additions (uses and reversals)635/8€70,325€60,000€253,863-€280,250-€143,219▲ 48.9%
Other operating charges640/8€511,656€421,938€55,861€15,766€198,697▲ 1,160%
Non-recurring operating charges66A-€20,528€216,978€1.0m€500,000▼ 50.5%
Operating profit (loss)9901-€47,647€2.6m€6.5m€2.4m€6.0m▲ 153%
Financial income75/76B€1.1m€88,842€232,098€26,095€1.1m▲ 4,050%
Recurring financial income75€1.1m€88,842€232,098€26,095€1.1m▲ 4,050%
Income from financial fixed assets750€1.0m--€22,336€1.0m▲ 4,377%
Income from current assets751€1,310€1€4,561€430€13,498▲ 3,036%
Other financial income752/9€85,723€88,842€227,537€3,328€69,414▲ 1,985%
Financial charges65/66B€818,662€814,083€5.2m€2.8m€3.5m▲ 23.2%
Recurring financial charges65€807,862€785,499€644,535€876,984€1.3m▲ 53.2%
Debt charges650€746,701€735,963€547,471€747,125€974,096▲ 30.4%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€1,853€443---
Other financial charges652/9€61,161€47,683€96,621€129,859€369,458▲ 185%
Non-recurring financial charges66B€10,800€28,584€4.5m€2.0m€2.1m▲ 9.7%
Profit (loss) for the period before taxes9903€220,724€1.9m€1.6m-€416,503€3.6m▲ 973%
Income taxes67/77€6,621€87,584€606,082€139,140€582,560▲ 319%
Taxes670/3€6,621€87,584€606,082€139,140€606,287▲ 336%
Tax adjustments and reversals of tax provisions77----€23,727-
Profit (loss) for the period9904€214,103€1.8m€971,380-€555,642€3.1m▲ 650%
Transfer from tax-exempt reserves789€498,400€156,640-€762,568--
Transfer to tax-exempt reserves689--€762,568---
Profit (loss) for the period to be appropriated9905€712,503€1.9m€208,812€206,926€3.1m▲ 1,376%
Line20212022202320242025Change
Assets
Total assets20/58€30.9m€29.1m€29.5m€33.5m€36.5m▲ 9.0%
Fixed assets21/28€16.5m€7.6m€7.9m€8.6m€8.6m▼ 0.2%
Intangible fixed assets21----€110,450-
Tangible fixed assets22/27€11.3m€2.5m€2.3m€3.5m€3.3m▼ 3.7%
Land and buildings22€1.7m€1.7m----
Plant, machinery and equipment23€9.6m€746,104€2.3m€3.4m€3.3m▼ 3.7%
Furniture and vehicles24€30,490€18,741€30,062€67,803€54,239▼ 20.0%
Other tangible fixed assets26€4,528---€10,931-
Financial fixed assets28€5.2m€5.2m€5.6m€5.1m€5.1m=
Affiliated companies280/1€5.2m€5.2m€5.1m€5.1m€5.1m=
Participating interests280€5.2m€5.2m€5.1m€5.1m€5.1m=
Other financial fixed assets284/8€890€435€469,694€8,889€7,239▼ 18.6%
Shares284--€469,259---
Amounts receivable and cash guarantees285/8€890€435€435€8,889€7,239▼ 18.6%
Current assets29/58€14.4m€21.5m€21.6m€24.9m€27.9m▲ 12.2%
Stocks and contracts in progress3€2.4m€3.4m€2.8m€9.7m€2.8m▼ 71.3%
Stocks30/36€2.4m€3.4m€2.8m€9.7m€2.8m▼ 71.3%
Raw materials and consumables30/31€1.4m€2.1m€1.6m€1.9m€1.7m▼ 9.3%
Goods purchased for resale34€953,872€1.3m€1.2m€1.2m€1.0m▼ 11.8%
Advance payments36---€6.6m--
Amounts receivable within one year40/41€7.4m€13.0m€8.5m€10.4m€16.3m▲ 56.7%
Trade receivables40€6.7m€12.5m€7.7m€9.8m€10.2m▲ 3.9%
Other amounts receivable41€719,412€450,283€740,858€619,491€6.1m▲ 892%
Cash at bank and in hand54/58€3.9m€4.9m€10.0m€4.3m€6.2m▲ 44.9%
Deferred charges and accrued income490/1€711,037€243,164€417,144€505,875€2.6m▲ 413%
Equity and liabilities
Total equity and liabilities10/49€30.9m€29.1m€29.5m€33.5m€36.5m▲ 9.0%
Equity10/15€10.7m€12.5m€13.5m€12.9m€16.0m▲ 23.6%
Contributions10/11€5.1m€5.1m€10.5m€10.5m€10.5m=
Capital10€5.1m€5.1m€10.5m€10.5m€10.5m=
Issued capital100€5.1m€5.1m€10.5m€10.5m€10.5m=
Revaluation surpluses12€5.1m€5.1m----
Reserves13€546,383€2.3m€3.0m€2.4m€5.5m▲ 126%
Non-distributable reserves130/1€19,487€506,150€706,150€910,000€1.1m▲ 15.4%
Legal reserve130€19,487€506,150€706,150€910,000€1.1m▲ 15.4%
Tax-exempt reserves132€156,640-€762,568---
Distributable reserves133€370,256€1.8m€1.5m€1.5m€4.4m▲ 193%
Provisions and deferred taxes16€70,325€130,325€384,188€242,464€99,245▼ 59.1%
Provisions for liabilities and charges160/5€70,325€130,325€384,188€242,464€99,245▼ 59.1%
Pensions and similar obligations160€70,325€70,325€84,188€103,938€99,245▼ 4.5%
Other liabilities and charges164/5-€60,000€300,000€138,526--
Amounts payable17/49€20.1m€16.5m€15.7m€20.3m€20.4m▲ 0.5%
Amounts payable after more than one year17€8.1m€2.6m€3.7m€3.1m€2.6m▼ 16.3%
Financial debts170/4€8.1m€2.6m€3.7m€3.1m€2.6m▼ 16.3%
Subordinated loans170€2.0m€2.0m€2.0m€2.0m€2.0m=
Credit institutions173€6.1m€636,265----
Other loans174--€1.7m€1.1m€601,823▼ 45.7%
Amounts payable within one year42/48€11.8m€9.6m€11.3m€16.5m€15.9m▼ 3.4%
Current portion of amounts payable after more than one year42€1.1m€225,894€307,391€610,859€506,068▼ 17.2%
Financial debts43€7.7m€4.8m€3.7m€8.8m€2.5m▼ 72.0%
Credit institutions430/8€7.7m€4.8m€3.7m€8.8m€2.5m▼ 72.0%
Trade debts44€2.6m€4.1m€6.7m€6.4m€10.9m▲ 70.5%
Suppliers440/4€2.6m€4.1m€6.7m€6.4m€10.9m▲ 70.5%
Taxes, remuneration and social security45€393,038€465,776€578,507€623,535€2.0m▲ 217%
Taxes450/3€84,536€86,557€241,184€320,526€1.7m▲ 429%
Remuneration and social security454/9€308,502€379,219€337,323€303,010€283,538▼ 6.4%
Other amounts payable47/48-€65,384€60,931€57,145€22,615▼ 60.4%
Accrued charges and deferred income492/3€228,095€4.2m€598,783€723,825€1.9m▲ 163%
Line20212022202320242025Change
Profit (loss) for the period9904€214,103€1.8m€971,380-€555,642€3.1m▲ 650%
+ Depreciation and write-downs630€1.1m€257,864€455,741€842,041€852,780▲ 1.3%
Operating cash flow (approximation)€1.3m€2.0m€1.4m€286,399€3.9m▲ 1,264%
Investment in fixed assets (approximation)-€8.6m-€729,936-€1.5m-€835,195▲ 45.0%
Change in cash-€964,640€5.1m-€5.7m€1.9m▲ 134%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 5 days late
2025
31-12
Financial Back to profitnet €3.1m
Net result €3.1m after one loss-making year.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · consolidated · 22 days late
22-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 22 days late
2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
04-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 4 days late
2022
18-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
23-12
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 145 days late
12-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 196 days late
2020
31-12
Financial Back to profitnet €380,241
Net result €380,241 after one loss-making year.
2019
31-12
Financial Weakest financial yearnet -€9.2m
Net result drops to -€9.2m, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts

We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 16 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wijnegem · 1 establishment unit since 1982
seat establishment The establishment unit on the map
Ground area
8,475 m²
Building footprint
3,143 m²
Volume, LiDAR
320 m³
Parcel 11050A0162/00E000, Flanders · tallest building 8.6 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
POWER SOLUTIONS
Blikstraat 2, 2110 WijnegemNACE 71340
since 19822.107.368.847
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11050A0162/00E000 Flanders 8,475 m² 1 · 3,143 m² 8.6 m
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.

Structure & network

Owners and holdings

1 owner · 2 holdings

Owners 1

Holdings 2

According to the 2025 annual accounts of POWER SOLUTIONS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 1,512 EUR awarded · 1,463 EUR paid
Year Entries awardedpaid
2025 1 377 EUR377 EUR
2024 1 805 EUR756 EUR
2023 1 330 EUR330 EUR
Schemes
3 entries · 1,512 EUR · 1,463 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

89450091I2GRHE1PQK76
no longer live in the LEI register

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Of 1,186 companies in this sector we hold annual accounts for 710. 133 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded12-12-1974
Fiscal year end31-12
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0414641049
Registered 13-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.