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.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| 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 |
Show 14 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| 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 |
Full annual accounts (25 line items)
| 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 |
Former directors (1)
-
Arnold OostveenDirectorState Gazette act 22091966 (29-07-2022)Former- → 24-06-2016
| NACE primary | Verhuur en lease van andere machines en werktuigen en andere materiële goederen(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.
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.
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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}| Legal nameNL | POWER SOLUTIONS |