POWERBLOX
The computed 12-month bankruptcy probability of POWERBLOX is 2.7% (moderate). The 2024 annual accounts show equity of €178k and a net result of €-159k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 35% of 33 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €178k |
| Net result | €-159k |
| Staff (FTE) | 0.2 |
| Better than sector | 35% |
Fragile profile, watch profitability in particular.
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 | 20.1% | 41.4% | |
| Net result | €-159k | €36k | |
| Equity | €178k | €169k | |
| Gross operating margin | €272k | €370k | |
| Total assets | €887k | €561k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €219k |
| Net profit | €-159k |
| Cash flow | €209k |
| Staff costs | €51k |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €887k |
| Equity | €178k |
| Debt | €709k |
| of which ≤ 1y | €709k |
| of which > 1y | - |
| Working capital | €-365k |
| Employees (FTE) | 0.2 |
| 2024 | |
|---|---|
| Current ratio | 0.49 |
| Quick ratio | 0.49 |
| Working capital ratio | -41.1% |
| Solvency | 20.1% |
| Debt / equity | 3.98 |
| Long-term debt ratio | - |
| Interest coverage | 17.45 |
| Gross margin | - |
| Net margin | - |
| ROA | -17.9% |
| ROE | -89.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €887k |
| Fixed assets | 21/28 | €543k |
| Intangible fixed assets | 21 | €543k |
| Tangible fixed assets | 22/27 | €0 |
| Current assets | 29/58 | €344k |
| Amounts receivable within one year | 40/41 | €343k |
| Cash & bank | 54/58 | €742 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €887k |
| Equity | 10/15 | €178k |
| Contributions / capital | 10/11 | €9k |
| Reserves | 13 | €0 |
| Accumulated profits (losses) | 14 | €169k |
| Amounts payable | 17/49 | €709k |
| Amounts payable within one year | 42/48 | €709k |
| Trade debts payable within one year | 44 | €400k |
| Income statement | ||
| Gross operating margin | 9900 | €272k |
| Operating result | 9901 | €-149k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-159k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-159k |
| Result to be appropriated | 9905 | €-159k |
| NACE primary | 58290 |
| Legal form | Private limited company(610) |
| Incorporation | 18-12-2020 |
| Status | Active |
| Postal code | 1000 |
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. |
|---|---|---|---|---|
| 21805E0475/00F000 | Brussels | 4,653 m² | 1 · 2,861 m² | 34.5 m · 9 fl. |
| 44015A0277/00R000 | Flanders | 2,364 m² | 1 · 383 m² | 5.9 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-07-2024 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VERMEIRE Hendrik",
"address": "9831 Sint-Martens-Latem/Deurle, Burggraaf Henri de Spoelberchdreef, 6.",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Anne-Marie Schoorman",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-07-08",
"filing_date": "2024-07-04",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-06-27",
"unanimous": true
},
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-06-27",
"unanimous": true
},
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-06-27",
"unanimous": true
},
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-06-27",
"unanimous": true
},
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-06-27",
"unanimous": true
},
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-06-27",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0759.997.077",
"name_full": "POWERBLOX",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"een uitgifte van het procesverbaal opgemaakt door notaris Anne-Marie Schoorman, te Gent, op 27 juni 2024",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | POWERBLOX |