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POWER TOOLS DISTRIBUTION

Active
Public limited companyfounded 199135 yrs activeIndustrielaan 40, 3730 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0443.676.020
Summary

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).

Checked score

Score 2025
Axes · tick = 2024
Profitability56▲+25
Solvency43▲+5
Growth66▼-1
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,950,000 at 30 days acceptable
Liquidity tight (current ratio 1.0 against 1.09 in 2024; short-term debt: 82% and cash: 0% of total assets), and 82.3% of the assets are financed with debt.
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Signals

Six 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 35 years 0 40 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
17.7%
Return on assets
1.5%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 4926 sector peers (2025).
NBB · sector comparison
Position among 4926 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
79 d early
2024
76 d early
2023
62 d early
2022
54 d early
2021
67 d early
2020
59 d early
2019
67 d early
← 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 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)
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.
Companies Code · seven months
Position in the running window
27-09-2026 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

On 26 March 1991, POWER TOOLS DISTRIBUTION was incorporated.1 Of the 2 current board members, Meeusen, Jeroen has served longest, since 2024.2 Revenue went from EUR 861 million in 2018 to EUR 1.1 billion in 2025 and headcount from 200 to 254 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 04-08-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€1.05bn▼ 4.7%
2024 · €1.10bn
EBIT margin
1.8%▲ 1.5pp
2024 · 0.3%
Net result
€3.0m▼ 32.9%
2024 · €4.4m
Working capital
€334,492▼ 98.2%
2024 · €18.7m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€866.7m▲ 22.3%€1.01bn▲ 16.8%€1.11bn▲ 9.9%€1.10bn▼ 0.9%€1.05bn▼ 4.7%
Operating result-€6.5m€1.5m€12.9m▲ 775%€3.3m▼ 74.5%€18.8m▲ 474%
Net result€844,214▲ 4.6%€1.3m▲ 48.3%€3.4m▲ 171%€4.4m▲ 29.5%€3.0m▼ 32.9%
EBIT margin-0.8%▼ 1.6pp0.1%▲ 0.9pp1.2%▲ 1.0pp0.3%▼ 0.9pp1.8%▲ 1.5pp
Equity€23.5m▲ 3.7%€24.7m▲ 5.3%€28.1m▲ 13.7%€32.5m▲ 15.6%€35.5m▲ 9.1%
Total assets€198.5m▲ 16.0%€234.9m▲ 18.3%€262.9m▲ 11.9%€243.5m▼ 7.4%€200.7m▼ 17.6%
Debt€174.6m▲ 18.0%€209.8m▲ 20.1%€234.4m▲ 11.7%€210.4m▼ 10.2%€164.7m▼ 21.7%
Working capital€12.3m▲ 10.8%€13.8m▲ 12.5%€17.2m▲ 24.4%€18.7m▲ 9.1%€334,492▼ 98.2%
Staff (FTE)216.1▲ 1.0%239.2▲ 10.7%247.3▲ 3.4%259.5▲ 4.9%253.5▼ 2.3%
Result per fiscal year
Operating resultNet result
-€10.0m€0€10.0m€20.0mOperating result 2021: -€6.5m-€6.5mNet result 2021: €844,214€844,214Operating result 2022: €1.5m€1.5mNet result 2022: €1.3m€1.3mOperating result 2023: €12.9m€12.9mNet result 2023: €3.4m€3.4mOperating result 2024: €3.3m€3.3mNet result 2024: €4.4m€4.4mOperating result 2025: €18.8m€18.8mNet result 2025: €3.0m€3.0m20212022202320242025€0€5m€10m€15m€20mOperating result 2023: €12.9m€13mNet result 2023: €3.4m€3.4mOperating result 2024: €3.3m€3.3mNet result 2024: €4.4m€4.4mOperating result 2025: €18.8m€19mNet result 2025: €3.0m€3m202320242025
The operating result recovers in 2025; 2025 is 474% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €200.7m
Fixed assets €35.7m ▲ 148%
Current assets €165.0m ▼ 28.0%
Equity and liabilities €200.7m
Equity €35.5m ▲ 9.1%
Provisions €577,536 ▼ 1.5%
Debt €164.7m ▼ 21.7%
Debt's share of the balance-sheet total falls from 86.4% to 82.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€20.3m▲
2024 · €4.8m
Cash flow
€4.4m▼
2024 · €5.9m
Current ratio
1.00▼
2024 · 1.09
Quick ratio
0.44▼
2024 · 0.65
Debt to equity
4.64▼
2024 · 6.47
ROE
8.3%▼
2024 · 13.5%
ROA
1.5%▼
2024 · 1.8%
Interest coverage
8.39▲
2024 · 1.78
Debt ≤ 1 year
€164.7m▼
2024 · €210.4m
Income taxes
€1.1m▼
2024 · €1.6m
Staff costs
€19.5m▲
2024 · €18.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of 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
1.8% went bankrupt
0.6% stopped otherwise
98% still going

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%.

The companies in ten equal groups, from lowest to highest expected share.
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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 80 lines
Balance sheet Code20242025
Assets
Total assets20/58€243.5m€200.7m▼
Fixed assets21/28€14.4m€35.7m▲
Intangible fixed assets21€723,847€1.1m▲
Tangible fixed assets22/27€13.6m€34.6m▲
Land and buildings22€7.3m€6.8m▼
Plant, machinery and equipment23€1.7m€1.4m▼
Furniture and vehicles24€454,618€371,989▼
Assets under construction and advance payments27€4.2m€26.0m▲
Financial fixed assets28€16,540€16,617▲
Other financial fixed assets284/8€16,540€16,617▲
Amounts receivable and cash guarantees285/8€16,540€16,617▲
Current assets29/58€229.1m€165.0m▼
Stocks and contracts in progress3€93.0m€92.3m▼
Stocks30/36€93.0m€92.3m▼
Goods purchased for resale34€93.0m€92.3m▼
Amounts receivable within one year40/41€135.7m€72.3m▼
Trade receivables40€134.5m€71.6m▼
Other amounts receivable41€1.1m€711,185▼
Cash at bank and in hand54/58€108,216€7,372▼
Deferred charges and accrued income490/1€346,584€348,403▲
Equity and liabilities
Total equity and liabilities10/49€243.5m€200.7m▼
Equity10/15€32.5m€35.5m▲
Contributions10/11€12.0m€12.0m=
Capital10€12.0m€12.0m=
Issued capital100€12.0m€12.0m=
Reserves13€20.5m€23.5m▲
Non-distributable reserves130/1€1.2m€1.2m=
Legal reserve130€1.2m€1.2m=
Distributable reserves133€19.3m€22.3m▲
Investment grants15€34,052€34,052=
Provisions and deferred taxes16€586,248€577,536▼
Provisions for liabilities and charges160/5€574,897€566,185▼
Other liabilities and charges164/5€574,897€566,185▼
Deferred taxes168€11,351€11,351=
Amounts payable17/49€210.4m€164.7m▼
Amounts payable within one year42/48€210.4m€164.7m▼
Financial debts43€114.9m€62.6m▼
Credit institutions430/8€9.4m€8.9m▼
Other loans439€105.5m€53.7m▼
Trade debts44€91.7m€98.8m▲
Suppliers440/4€91.7m€98.8m▲
Advances received on contracts in progress46€1.4m€575,938▼
Taxes, remuneration and social security45€2.4m€2.7m▲
Taxes450/3€0-
Remuneration and social security454/9€2.4m€2.7m▲
Income statement Code20242025
Operating income70/76A€1.10bn€1.05bn▼
Turnover70€1.10bn€1.05bn▼
Own construction capitalised72€486,578€798,879▲
Other operating income74€640,226€615,864▼
Non-recurring operating income76A€18,531€8,000▼
Operating charges60/66A€1.10bn€1.03bn▼
Goods for resale, raw materials and consumables60€1.07bn€999.2m▼
Purchases600/8-€1.00bn
Change in stocks: decrease (increase)609-€2.6m-€1.7m▲
Services and other goods61€9.5m€10.5m▲
Remuneration, social security and pensions62€18.7m€19.5m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.5m€1.5m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1.6m€2.4m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€240,897-€8,712▼
Other operating charges640/8€232,079€220,485▼
Non-recurring operating charges66A€450,262€9,533▼
Operating profit (loss)9901€3.3m€18.8m▲
Financial income75/76B-€69,453
Recurring financial income75€6.1m€69,453▼
Income from current assets751€20,673€3,578▼
Other financial income752/9€6.1m€65,875▼
Financial charges65/66B€3.3m€14.8m▲
Recurring financial charges65€3.3m€14.8m▲
Debt charges650€2.7m€2.4m▼
Other financial charges652/9€617,889€12.4m▲
Profit (loss) for the period before taxes9903€6.0m€4.1m▼
Income taxes67/77€1.6m€1.1m▼
Taxes670/3€1.6m€1.1m▼
Tax adjustments and reversals of tax provisions77€1,712-
Profit (loss) for the period9904€4.4m€3.0m▼
Profit (loss) for the period to be appropriated9905€4.4m€3.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.4m€3.0m▼
Transfer to equity691/2€4.4m€3.0m▼
To other reserves6921€4.4m€3.0m▼
Social balance
Average headcount (FTE)9087259.5253.5▼

The notes to these accounts (73 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
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%
Line20212022202320242025Change
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%
Line20212022202320242025Change
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.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
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
13-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
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)
2025
16-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €4.4m ▲29.5%
Net result €4.4m, the highest in the series.
30-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Equity above €25mEq €28.1m ▲13.7%
6 profitable years in a row build equity to €28.1m.
07-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
25-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
02-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
25-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet €648,707 ▼9.4%
Net result drops to €648,707, the lowest in the series; recovery starts the following year.
Show earlier events
12-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
13-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 27 acts read
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 director, 1 in day-to-day management, last change in 2026

Board 1

Handan Sahin Koças
Director · since 01-03-2026
Current

Day-to-day management 1

Meeusen, Jeroen
Day-to-day manager · since 01-10-2024
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
25 of this company's 27 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Bilzen-Hoeselt · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
4.6 ha
Building footprint
2.3 ha
Volume, LiDAR
179,930 m³
Parcel 73032K0519/00C000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Industrielaan 40, 3730 Bilzen-Hoeselt
NACE 2852002
since 19912.052.307.984
1 parcel
Flanders 1 (100%)
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
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.

Mandate history

3 people since 2024, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Handan Sahin Koças
  • Director, from 01-03-2026 to date
Meeusen, Jeroen
  • Day-to-day manager, from 01-10-2024 to date
Alex Bongaerts
  • Director, until 31-03-2026
See the board, name and seat on a given date →

Structure & network

Part of the group ATLAS COPCO AKTIEBOLAG 13 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Atlas Copco ABSE 100%
  2. Atlas Copco Airpower 100%
  3. POWER TOOLS DISTRIBUTION

Highest known parent: Atlas Copco AB (Sweden). The sources do not say who stands above it.

Owners 1

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 directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 10 entries · 196,290 EUR awarded · 97,684 EUR paid
Year Entries awardedpaid
2025 3 110,858 EUR12,252 EUR
2024 2 24,710 EUR24,710 EUR
2023 3 22,837 EUR49,113 EUR
2022 2 37,885 EUR11,609 EUR
Schemes
1 entry · 98,606 EUR · Fonds voor Innoveren en Ondernemen
4 entries · 52,838 EUR · 52,838 EUR paid · Departement Werk en Sociale Economie
2 entries · 26,276 EUR · 26,276 EUR paid · Vlaams Energie- en Klimaatagentschap
3 entries · 18,570 EUR · 18,570 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 828 companies in sector 46620 we hold annual accounts for 642. 77 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded26-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
46649Wholesale of other machinery and equipment
68203Renting and operating of own or leased non-residential real estate, excluding land
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0443676020
Registered 24-06-2025

Register as of 27 September 2026 · Peppol Directory

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