POWER TOOLS DISTRIBUTION
ActiveSummary
POWER TOOLS DISTRIBUTION has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35.5m and a net result of €3.0m. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 4926 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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Signals
This company filed its last 7 accounts on average 66 days before 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)
History
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Financials · fiscal year 2025, full schema
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Peer companies
Historical observationOf the 171 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 98% are still going.
- Large
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 171 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €867.2m | €1.01bn | €1.11bn | €1.10bn | €1.05bn | ▼ 4.7% |
| Turnover70 | €866.7m | €1.01bn | €1.11bn | €1.10bn | €1.05bn | ▼ 4.7% |
| Own construction capitalised72 | €1,685 | €73,556 | €201,836 | €486,578 | €798,879 | ▲ 64.2% |
| Other operating income74 | €536,751 | €717,986 | €765,802 | €640,226 | €615,864 | ▼ 3.8% |
| Non-recurring operating income76A | - | - | - | €18,531 | €8,000 | ▼ 56.8% |
| Operating charges60/66A | €873.7m | €1.01bn | €1.10bn | €1.10bn | €1.03bn | ▼ 6.1% |
| Goods for resale, raw materials and consumables60 | €853.1m | €989.9m | €1.07bn | €1.07bn | €999.2m | ▼ 6.5% |
| Purchases600/8 | €852.9m | €1.00bn | - | - | €1.00bn | - |
| Change in stocks: decrease (increase)609 | €229,601 | -€12.9m | -€23.9m | -€2.6m | -€1.7m | ▲ 35.0% |
| Services and other goods61 | €5.4m | €5.6m | €8.1m | €9.5m | €10.5m | ▲ 10.5% |
| Remuneration, social security and pensions62 | €13.1m | €15.2m | €17.8m | €18.7m | €19.5m | ▲ 4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.4m | €1.4m | €1.4m | €1.5m | €1.5m | ▼ 3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €548,798 | -€442,359 | €3.2m | €1.6m | €2.4m | ▲ 48.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€58,467 | €39,000 | -€47,000 | €240,897 | -€8,712 | ▼ 104% |
| Other operating charges640/8 | €187,132 | €201,109 | €217,770 | €232,079 | €220,485 | ▼ 5.0% |
| Non-recurring operating charges66A | - | - | - | €450,262 | €9,533 | ▼ 97.9% |
| Operating profit (loss)9901 | -€6.5m | €1.5m | €12.9m | €3.3m | €18.8m | ▲ 474% |
| Financial income75/76B | €8.1m | €5.4m | - | - | €69,453 | - |
| Recurring financial income75 | €8.1m | €5.4m | €2.0m | €6.1m | €69,453 | ▼ 98.9% |
| Income from current assets751 | €679 | €2,533 | €16,686 | €20,673 | €3,578 | ▼ 82.7% |
| Other financial income752/9 | €8.1m | €5.4m | €2.0m | €6.1m | €65,875 | ▼ 98.9% |
| Financial charges65/66B | €433,663 | €5.0m | €10.2m | €3.3m | €14.8m | ▲ 345% |
| Recurring financial charges65 | €433,663 | €5.0m | €10.2m | €3.3m | €14.8m | ▲ 345% |
| Debt charges650 | €109,947 | €262,275 | €1.5m | €2.7m | €2.4m | ▼ 10.7% |
| Other financial charges652/9 | €323,716 | €4.7m | €8.7m | €617,889 | €12.4m | ▲ 1,902% |
| Profit (loss) for the period before taxes9903 | €1.2m | €1.8m | €4.7m | €6.0m | €4.1m | ▼ 32.2% |
| Transfer from deferred taxes780 | €562 | €562 | €562 | - | - | - |
| Income taxes67/77 | €361,454 | €593,107 | €1.3m | €1.6m | €1.1m | ▼ 30.3% |
| Taxes670/3 | €362,660 | €593,511 | €1.3m | €1.6m | €1.1m | ▼ 30.4% |
| Tax adjustments and reversals of tax provisions77 | €1,206 | €404 | €7,775 | €1,712 | - | - |
| Profit (loss) for the period9904 | €844,214 | €1.3m | €3.4m | €4.4m | €3.0m | ▼ 32.9% |
| Profit (loss) for the period to be appropriated9905 | €844,214 | €1.3m | €3.4m | €4.4m | €3.0m | ▼ 32.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €198.5m | €234.9m | €262.9m | €243.5m | €200.7m | ▼ 17.6% |
| Fixed assets21/28 | €11.6m | €11.3m | €11.3m | €14.4m | €35.7m | ▲ 148% |
| Intangible fixed assets21 | €323,629 | €381,594 | €578,690 | €723,847 | €1.1m | ▲ 48.2% |
| Tangible fixed assets22/27 | €11.2m | €10.9m | €10.7m | €13.6m | €34.6m | ▲ 154% |
| Land and buildings22 | €9.0m | €8.8m | €8.2m | €7.3m | €6.8m | ▼ 6.5% |
| Plant, machinery and equipment23 | €1.7m | €1.5m | €1.6m | €1.7m | €1.4m | ▼ 17.3% |
| Furniture and vehicles24 | €367,498 | €414,658 | €395,238 | €454,618 | €371,989 | ▼ 18.2% |
| Assets under construction and advance payments27 | €131,286 | €149,992 | €516,620 | €4.2m | €26.0m | ▲ 524% |
| Financial fixed assets28 | €16,529 | €16,529 | €16,529 | €16,540 | €16,617 | ▲ 0.5% |
| Other financial fixed assets284/8 | €16,529 | €16,529 | €16,529 | €16,540 | €16,617 | ▲ 0.5% |
| Amounts receivable and cash guarantees285/8 | €16,529 | €16,529 | €16,529 | €16,540 | €16,617 | ▲ 0.5% |
| Current assets29/58 | €186.9m | €223.6m | €251.6m | €229.1m | €165.0m | ▼ 28.0% |
| Stocks and contracts in progress3 | €58.1m | €71.4m | €92.1m | €93.0m | €92.3m | ▼ 0.8% |
| Stocks30/36 | €58.1m | €71.4m | €92.1m | €93.0m | €92.3m | ▼ 0.8% |
| Goods purchased for resale34 | €58.1m | €71.4m | €92.1m | €93.0m | €92.3m | ▼ 0.8% |
| Amounts receivable within one year40/41 | €127.9m | €151.4m | €159.2m | €135.7m | €72.3m | ▼ 46.7% |
| Trade receivables40 | €126.2m | €149.6m | €157.9m | €134.5m | €71.6m | ▼ 46.8% |
| Other amounts receivable41 | €1.7m | €1.7m | €1.3m | €1.1m | €711,185 | ▼ 36.7% |
| Cash at bank and in hand54/58 | €187,845 | €160,888 | €2,866 | €108,216 | €7,372 | ▼ 93.2% |
| Deferred charges and accrued income490/1 | €727,846 | €694,574 | €287,782 | €346,584 | €348,403 | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €198.5m | €234.9m | €262.9m | €243.5m | €200.7m | ▼ 17.6% |
| Equity10/15 | €23.5m | €24.7m | €28.1m | €32.5m | €35.5m | ▲ 9.1% |
| Contributions10/11 | €12.0m | €12.0m | €12.0m | €12.0m | €12.0m | = |
| Capital10 | €12.0m | €12.0m | €12.0m | €12.0m | €12.0m | = |
| Issued capital100 | €12.0m | €12.0m | €12.0m | €12.0m | €12.0m | = |
| Reserves13 | €11.5m | €12.7m | €16.1m | €20.5m | €23.5m | ▲ 14.4% |
| Non-distributable reserves130/1 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Legal reserve130 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Distributable reserves133 | €10.3m | €11.5m | €14.9m | €19.3m | €22.3m | ▲ 15.3% |
| Investment grants15 | €37,425 | €35,739 | €34,052 | €34,052 | €34,052 | = |
| Provisions and deferred taxes16 | €354,475 | €392,913 | €345,351 | €586,248 | €577,536 | ▼ 1.5% |
| Provisions for liabilities and charges160/5 | €342,000 | €381,000 | €334,000 | €574,897 | €566,185 | ▼ 1.5% |
| Other liabilities and charges164/5 | €342,000 | €381,000 | €334,000 | €574,897 | €566,185 | ▼ 1.5% |
| Deferred taxes168 | €12,475 | €11,913 | €11,351 | €11,351 | €11,351 | = |
| Amounts payable17/49 | €174.6m | €209.8m | €234.4m | €210.4m | €164.7m | ▼ 21.7% |
| Amounts payable within one year42/48 | €174.6m | €209.8m | €234.4m | €210.4m | €164.7m | ▼ 21.7% |
| Financial debts43 | €29.7m | €50.7m | €60.9m | €114.9m | €62.6m | ▼ 45.5% |
| Credit institutions430/8 | €9.9m | €11.1m | €10.6m | €9.4m | €8.9m | ▼ 5.1% |
| Other loans439 | €19.8m | €39.6m | €50.3m | €105.5m | €53.7m | ▼ 49.1% |
| Trade debts44 | €141.4m | €155.4m | €169.1m | €91.7m | €98.8m | ▲ 7.8% |
| Suppliers440/4 | €141.4m | €155.4m | €169.1m | €91.7m | €98.8m | ▲ 7.8% |
| Advances received on contracts in progress46 | €1.8m | €1.5m | €1.3m | €1.4m | €575,938 | ▼ 57.9% |
| Taxes, remuneration and social security45 | €1.7m | €2.1m | €3.1m | €2.4m | €2.7m | ▲ 9.3% |
| Taxes450/3 | - | €117,774 | €658,290 | €0 | - | - |
| Remuneration and social security454/9 | €1.7m | €2.0m | €2.4m | €2.4m | €2.7m | ▲ 9.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €844,214 | €1.3m | €3.4m | €4.4m | €3.0m | ▼ 32.9% |
| + Depreciation and write-downs630 | €1.4m | €1.4m | €1.4m | €1.5m | €1.5m | ▼ 3.5% |
| Operating cash flow (approximation) | €2.2m | €2.6m | €4.8m | €5.9m | €4.4m | ▼ 25.3% |
| Investment in fixed assets (approximation) | - | -€1.1m | -€1.4m | -€4.6m | -€22.8m | ▼ 395% |
| Change in cash | - | -€26,957 | -€158,022 | €105,350 | -€100,844 | ▼ 196% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
04-08
State Gazette act
Appointment: Jeroen Meeusen (day-to-day manager)Declaration · Power of attorney5 facts ▸
- Board meeting, 29-06-2026
- Director appointment, Jeroen Meeusen (day-to-day manager)
- Declaration, neerleggings- en publicatieformulieren niet vervuld
- Board meeting, vervulling van neerleggings- en publicatieformaliteiten, bestuursorgaan
- Power of attorney, HLB Sefico BV
23-03
State Gazette act
Resignation: Alex Bongaerts (director)Appointment: Handan Sahin Koças (director)3 facts ▸
- General meeting, 17 FEBRUARI 2026
- Director resignation, Alex Bongaerts (director)
- Director appointment, Handan Sahin Koças (director)
Show earlier events
About the unread acts
Of the 27 Belgian State Gazette acts we know for this company, 2 have been read. The other 25 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 1
Day-to-day management 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73032K0519/00C000 | Flanders | 4.6 ha | 1 · 2.3 ha | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Handan Sahin Koças |
|
| Meeusen, Jeroen |
|
| Alex Bongaerts |
|
Structure & network
Owners and holdings
1 ownerChain of control
- Atlas Copco ABSE
- Atlas Copco Airpower
- POWER TOOLS DISTRIBUTION
Highest known parent: Atlas Copco AB (Sweden). The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of POWER TOOLS DISTRIBUTION 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
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 196,290 EUR awarded · 97,684 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 110,858 EUR | 12,252 EUR |
| 2024 | 2 | 24,710 EUR | 24,710 EUR |
| 2023 | 3 | 22,837 EUR | 49,113 EUR |
| 2022 | 2 | 37,885 EUR | 11,609 EUR |
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.