POWERCOM
ActiveSummary
POWERCOM has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144,944 and a net result of -€19,147. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 8160 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability4▼-6
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 8.45 against 8.95 in 2024; short-term debt: 11.5% and cash: 5.8% of total assets), and 11.5% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.5%
Return on assets
-11.7%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€19,147
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 11-06-2026, 223 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
223 d late
2024
on the day
2023
127 d late
2022
28 d early
2021
3 d early
2020
30 d late
2019
3 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 49 days after 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€144,944▼ 11.7%
2024 · €164,091
Total assets
€163,816▼ 11.1%
2024 · €184,190
Net result
-€19,147▼ 53.8%
2024 · -€12,447
Working capital
€140,608▼ 12.0%
2024 · €159,718
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€15,368▲ 53.9%-€26,395▼ 71.8%-€15,281▲ 42.1%-€21,269▼ 39.2%-€31,493▼ 48.1%
Net result-€7,431below the sector's middle half▲ 64.5%-€15,269below the sector's middle half▼ 105%-€8,518below the sector's middle half▲ 44.2%-€12,447below the sector's middle half▼ 46.1%-€19,147below the sector's middle half▼ 53.8%
Equity€200,325within the sector's middle half▼ 3.6%€185,056within the sector's middle half▼ 7.6%€176,538within the sector's middle half▼ 4.6%€164,091within the sector's middle half▼ 7.1%€144,944within the sector's middle half▼ 11.7%
Total assets€206,052below the sector's middle half▼ 2.5%€191,220below the sector's middle half▼ 7.2%€193,544below the sector's middle half▲ 1.2%€184,190below the sector's middle half▼ 4.8%€163,816below the sector's middle half▼ 11.1%
Debt€5,727▲ 62.2%€6,164▲ 7.6%€17,006▲ 176%€20,098▲ 18.2%€18,872▼ 6.1%
Working capital€180,841within the sector's middle half▼ 3.9%€164,609within the sector's middle half▼ 9.0%€156,128within the sector's middle half▼ 5.2%€159,718within the sector's middle half▲ 2.3%€140,608within the sector's middle half▼ 12.0%
Solvency97.2%above the sector's middle half▼ 1.1pp96.8%above the sector's middle half▼ 0.4pp91.2%above the sector's middle half▼ 5.6pp89.1%above the sector's middle half▼ 2.1pp88.5%above the sector's middle half▼ 0.6pp
Current ratio32.58above the sector's middle half▼ 21.7527.71above the sector's middle half▼ 4.8710.18above the sector's middle half▼ 17.528.95above the sector's middle half▼ 1.238.45above the sector's middle half▼ 0.50
Return on assets (ROA)-3.6%below the sector's middle half▲ 6.3pp-8.0%below the sector's middle half▼ 4.4pp-4.4%below the sector's middle half▲ 3.6pp-6.8%below the sector's middle half▼ 2.4pp-11.7%below the sector's middle half▼ 4.9pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31,493 in 2025 against €21,269 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163,816
Fixed assets
€4,337 ▼ 0.8%
Current assets
€159,480 ▼ 11.3%
Equity and liabilities €163,816
Equity
€144,944 ▼ 11.7%
Debt
€18,872 ▼ 6.1%
Debt's share of the balance-sheet total rises from 10.9% to 11.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€31,456▼
2024 · -€21,232
Cash flow
-€19,110▼
2024 · -€12,410
Quick ratio
7.48▼
2024 · 7.99
Debt to equity
0.13▲
2024 · 0.12
ROE
-13.2%▼
2024 · -7.6%
Interest coverage
-162.87▼
2024 · -73.37
Debt ≤ 1 year
€18,872▼
2024 · €20,098
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 5,836 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €12,627 | - |
| Remuneration, social security and pensions62 | - | - | €855 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37 | €37 | €37 | €37 | €37 | = |
| Other operating charges640/8 | - | €800 | €1,743 | €3,050 | €2,563 | ▼ 16.0% |
| Gross operating margin9900 | -€14,400 | -€25,558 | -€12,646 | -€18,182 | -€28,893 | ▼ 58.9% |
| Operating profit (loss)9901 | -€15,368 | -€26,395 | -€15,281 | -€21,269 | -€31,493 | ▼ 48.1% |
| Financial income75/76B | - | €11,533 | €7,251 | €9,177 | €12,627 | ▲ 37.6% |
| Recurring financial income75 | €8,439 | €11,533 | €7,251 | €9,177 | €12,627 | ▲ 37.6% |
| Financial charges65/66B | - | €287 | €332 | €289 | €282 | ▼ 2.7% |
| Recurring financial charges65 | €394 | €287 | €332 | €289 | €193 | ▼ 33.3% |
| Non-recurring financial charges66B | - | - | - | - | €88 | - |
| Profit (loss) for the period before taxes9903 | -€7,322 | -€15,149 | -€8,361 | -€12,382 | -€19,147 | ▼ 54.6% |
| Income taxes67/77 | €109 | €120 | €157 | €65 | - | - |
| Profit (loss) for the period9904 | -€7,431 | -€15,269 | -€8,518 | -€12,447 | -€19,147 | ▼ 53.8% |
| Profit (loss) for the period to be appropriated9905 | -€7,431 | -€15,269 | -€8,518 | -€12,447 | -€19,147 | ▼ 53.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €206,052 | €191,220 | €193,544 | €184,190 | €163,816 | ▼ 11.1% |
| Fixed assets21/28 | €19,484 | €20,447 | €20,410 | €4,373 | €4,337 | ▼ 0.8% |
| Tangible fixed assets22/27 | €442 | €405 | €368 | €331 | €295 | ▼ 11.1% |
| Furniture and vehicles24 | - | €405 | €368 | €331 | €295 | ▼ 11.1% |
| Financial fixed assets28 | €19,042 | €20,042 | €20,042 | €4,042 | €4,042 | = |
| Current assets29/58 | €186,568 | €170,773 | €173,134 | €179,816 | €159,480 | ▼ 11.3% |
| Amounts receivable after more than one year29 | - | €83,176 | €84,010 | €82,305 | €68,396 | ▼ 16.9% |
| Other amounts receivable291 | - | €83,176 | €84,010 | €82,305 | €68,396 | ▼ 16.9% |
| Stocks and contracts in progress3 | - | - | - | €19,179 | €18,257 | ▼ 4.8% |
| Stocks30/36 | - | - | - | €19,179 | €18,257 | ▼ 4.8% |
| Amounts receivable within one year40/41 | €18,012 | €16,531 | €21,878 | €21,253 | €22,476 | ▲ 5.8% |
| Trade receivables40 | - | €5,702 | €3,586 | €4,870 | €3,786 | ▼ 22.3% |
| Other amounts receivable41 | - | €10,829 | €18,292 | €16,384 | €18,690 | ▲ 14.1% |
| Current investments50/53 | €84,483 | €70,198 | €61,588 | €53,127 | €39,155 | ▼ 26.3% |
| Cash at bank and in hand54/58 | €2,824 | €237 | €5,496 | €3,500 | €9,551 | ▲ 173% |
| Deferred charges and accrued income490/1 | - | €631 | €162 | €452 | €1,644 | ▲ 264% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €206,052 | €191,220 | €193,544 | €184,190 | €163,816 | ▼ 11.1% |
| Equity10/15 | €200,325 | €185,056 | €176,538 | €164,091 | €144,944 | ▼ 11.7% |
| Contributions10/11 | - | €12,600 | €12,600 | €12,600 | €12,600 | = |
| Reserves13 | €187,725 | €172,456 | €163,938 | €151,491 | €132,344 | ▼ 12.6% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €170,597 | €162,079 | €149,632 | €130,485 | ▼ 12.8% |
| Amounts payable17/49 | €5,727 | €6,164 | €17,006 | €20,098 | €18,872 | ▼ 6.1% |
| Amounts payable within one year42/48 | €5,727 | €6,164 | €17,006 | €20,098 | €18,872 | ▼ 6.1% |
| Financial debts43 | - | €44 | - | - | - | - |
| Credit institutions430/8 | - | €44 | - | - | - | - |
| Trade debts44 | €5,308 | €5,551 | €12,300 | €18,781 | €15,371 | ▼ 18.2% |
| Suppliers440/4 | - | €5,551 | €12,300 | €18,781 | €15,371 | ▼ 18.2% |
| Taxes, remuneration and social security45 | - | €569 | €4,705 | €1,318 | €3,501 | ▲ 166% |
| Taxes450/3 | - | €569 | €4,705 | €1,318 | €3,501 | ▲ 166% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,431 | -€15,269 | -€8,518 | -€12,447 | -€19,147 | ▼ 53.8% |
| + Depreciation and write-downs630 | €37 | €37 | €37 | €37 | €37 | = |
| Operating cash flow (approximation) | -€7,394 | -€15,232 | -€8,481 | -€12,410 | -€19,110 | ▼ 54.0% |
| Investment in fixed assets (approximation) | - | -€1,000 | €0 | €16,000 | €0 | ▼ 100% |
| Change in cash | - | -€2,587 | €5,259 | -€1,996 | €6,051 | ▲ 403% |
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
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 223 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 127 days late
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 38 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Berlaar · 1 establishment unit since 1998
Ground area
581 m²
Building footprint
153 m²
Volume, LiDAR
914 m³
Parcel 12002D0051/00X004, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
POWERCOM
since 19982.085.291.548
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12002D0051/00X004 | Flanders | 581 m² | 1 · 153 m² | 10.4 m · 2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2022 list no shareholders, and no other source names one.
Holdings 1
-
40%
According to the annual accounts to 31-03-2022 of POWERCOM 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
No current directors or connected companies found in the register.
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Of 4,414 companies in sector 46180 we hold annual accounts for 1,892. 1,409 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded29-01-1998
Fiscal year end31-03
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
46643Wholesale of electrical equipment, including installation materials
62100Computer programming
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462456507
Registered
27-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.