POWER SOLUTIONS
The computed 12-month bankruptcy probability of POWER SOLUTIONS is 0.4% (very low). The 2024 annual accounts show equity of €12.92M and a net result of €-556k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 80 sector peers (fiscal year 2024). The company has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €12.92M |
| Net result | €-556k |
| Staff (FTE) | 25.5 |
| Better than sector | 65% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 38.6% | 16.0% | |
| Net result | €-556k | €3k | |
| Equity | €12.92M | €156k | |
| Staff costs | €2.88M | €381k | |
| Employees (FTE) | 25.5 | 5.2 |
| Fiscal year | 2024 |
|---|---|
| Revenue | €39.18M |
| EBITDA | €3.23M |
| Net profit | €-556k |
| Cash flow | €286k |
| Staff costs | €2.88M |
| Income taxes | €139k |
| Dividends | - |
| Total assets | €33.47M |
| Equity | €12.92M |
| Debt | €20.30M |
| of which ≤ 1y | €16.47M |
| of which > 1y | €3.11M |
| Working capital | €8.40M |
| Employees (FTE) | 25.5 |
| 2024 | |
|---|---|
| Current ratio | 1.51 |
| Quick ratio | 0.92 |
| Working capital ratio | 25.1% |
| Solvency | 38.6% |
| Debt / equity | 1.57 |
| Long-term debt ratio | 0.24 |
| Interest coverage | 4.32 |
| Gross margin | 28.2% |
| Net margin | -1.4% |
| ROA | -1.7% |
| ROE | -4.3% |
| EBITDA margin | 8.2% |
| Days sales outstanding | 91d |
| Days payable outstanding | 83d |
| Inventory turnover | 2.91 |
| Days inventory (DSI) | 125d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €33.47M |
| Fixed assets | 21/28 | €8.60M |
| Tangible fixed assets | 22/27 | €3.45M |
| Financial fixed assets | 28 | €5.15M |
| Current assets | 29/58 | €24.87M |
| Stocks & contracts in progress | 3 | €9.65M |
| Amounts receivable within one year | 40/41 | €10.42M |
| Cash & bank | 54/58 | €4.29M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €33.47M |
| Equity | 10/15 | €12.92M |
| Contributions / capital | 10/11 | €10.50M |
| Reserves | 13 | €2.42M |
| Provisions & deferred taxes | 16 | €242k |
| Amounts payable | 17/49 | €20.30M |
| Amounts payable after one year | 17 | €3.11M |
| Amounts payable within one year | 42/48 | €16.47M |
| Trade debts payable within one year | 44 | €6.42M |
| Income statement | ||
| Turnover | 70 | €39.18M |
| Operating result | 9901 | €2.39M |
| Financial income | 75 | €26k |
| Financial charges | 65 | €877k |
| Result before taxes | 9903 | €-417k |
| Income taxes | 67/77 | €139k |
| Net result for the period | 9904 | €-556k |
| Result to be appropriated | 9905 | €207k |
| NACE primary | Renting & leasing(77399) |
| Legal form | Public limited company(014) |
| Incorporation | 12-12-1974 |
| Status | Active |
| Postal code | 2110 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0162/00E000 | Flanders | 8,475 m² | 1 · 3,143 m² | 8.6 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
02-10-2024 C.Rombaut Bedrijfsrevisoren reappointed as statutory auditor
- C.Rombaut Bedrijfsrevisoren, Commissaris
Technical details
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}19-06-2023 Capital increase of €5,438,500 to €10,500,000
- €5.061.500 → €10.500.000
Technical details
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}29-07-2022 1 resigning, 5 reappointed
- Arnold Oostveen, Bestuurder
- O.M.S.I., Bestuurder
- GAYANA, Bestuurder
- Bernard De Vos, Bestuurder
- Didier Bruyns, Bestuurder
- O.M.S.I., Gedelegeerd bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | POWER SOLUTIONS |