Equity
€177,962 ▲ 1.3%
POWERLINE has made a profit without a break since 2015.
POWERLINE
Lifetime
16 annual accounts with figures on one time axispeak €241,881 (2024)
€159,023▼ 34.3%
lowest -€25,165 (2014)
€2,337▼ 93.4%
peak €177,962 (2025)
€177,962▲ 1.3%
€180,871▼ 16.8%
peak 2 FTE (2021)
-not published
Board3 names since 2022
1 directorRobby Suetens
Documentsfilings and deeds
28-01-20263 days before the deadline
2025micro format
Gross margin from €241,881 to €159,023Result from €35,663 to €2,337Debts from €217,389 to €180,871Cash from €29,026 to €52,803
Key points
from the 2025 annual accountsTurnover
≈ €400,000 estimated
The micro format states no turnover.
Staff
2 employees on 30-06-2025
In 2025, 8 people joined and 8 left.
Filings
16 annual accounts since 2010
Two of the last ten came late. The 2021 accounts came latest: 9 days after the end of the period.
Board
1 left
A director left. Latest change 22-01-2026 · 1 in office.
Position in the sector
€177,962
More equity than 82% of companies in creative and performing arts. Sector median €42,071 · 2,488 companies.
Checked score
93
Excellent
Financially stronger than 45% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,433 companies (NACE 90, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.2%▲ +0.1 percentage points vs 12-2024
02-2025: 0.3%▲ +0.1 percentage points vs 01-2025highest value
03-2025: 0.1%▼ -0.2 percentage points vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Arts creation and performing arts activities (NACE 90)
Size: total assets €358,833
Liquidity: current ratio 1.68, cash €52,803
Equity €177,962 (49.6% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 52% of them on solvency, 42% on liquidity, 37% on profitability and 48% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as POWERLINE has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of POWERLINE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for POWERLINE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.68 (1.36 in 2024), above the usual 1.5. Short-term debt is 35.2% and cash 14.7% of total assets. However, 50.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
1 day early
2023
26 days early
2022
on the day
2021
9 days late
2020
1 day late
2019
63 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Resignation: Alina Luyckx (successor director)
General meeting of 22-01-2026 · Gazette deed
Change of role: Robby Suetens, from manager to director
Appointment: Aline Luyckx (director) · “Adviesbureau op het gebied van bedrijfsvoering en beheer waaronder onder meer maar niet uitsluitend het…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 10-10-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0808980394
Incorporation
published on 13-01-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| POWERLINE Ranst | €358,833 | €159,023 | 49.6% | - |
| KINVESTA Grobbendonk | €324,856 | €120,732 | -25.0% | - |
| ARC-PRODUCTIONS Dentergem | €365,330 | €182,507 | 46.2% | - |
| DoubleDouble Brussels | €374,228 | €193,605 | 61.2% | 3.2 |
| AV SERVICES Ganshoren | €424,368 | €156,924 | 76.5% | - |
| AUDIO SIDE Enghien | €434,546 | €140,267 | 32.6% | - |
| T10 Hove | €353,663 | €197,975 | 30.0% | - |
These companies have the same main activity as POWERLINE: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €325,000 and €435,000, founded between 2007 and 2012.
Official details
Source: KBO- Status
- Active since 09-01-2009Normal situation
- Activity
- Specialised image, lighting and sound technical servicesNACE 90393and 2 others
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 30-06-2025
- Establishment unit
- 2.175.696.1422520 Ranst, since 09-01-2009
- Financial year end
- 30 June
- Peppol
- Reachable since 02-09-2023
Annual accounts to 30-06-2025
- €358,833▼ 8.7%
- Employeeson 30-06-2025
- 2=
- Filing
- Filed on 28-01-2026, 3 days before the end of the filing period
Insights on POWERLINE
POWERLINE files the micro format. That format states no turnover. The gross margin rose from €25,136 in 2010 to €159,023 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about POWERLINE
- What is the company number of POWERLINE?
- The company number of POWERLINE is 0808.980.394. The VAT number is the same number with BE in front: BE 0808.980.394.
- Where is POWERLINE based?
- The registered office is at Liersesteenweg 7, 2520 Ranst.Company details
- What does POWERLINE do?
- According to the KBO register, the main activity is specialised image, lighting and sound technical services (NACE 90393).
- What is the legal form of POWERLINE?
- POWERLINE is a private limited company (BV).
- When was POWERLINE founded?
- POWERLINE was founded on 09-01-2009.
- Is POWERLINE still active?
- Yes, POWERLINE is an active enterprise in the KBO register.
- How many employees does POWERLINE have?
- POWERLINE had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does POWERLINE fall under?
- In its 30-06-2025 annual accounts, POWERLINE states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of POWERLINE?
- The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €159,023 and 2,205 comparable companies of the same size. It probably lies between €270,000 and €620,000. It is a rough estimate.
- Is POWERLINE profitable?
- In financial year 2025, POWERLINE made a profit of €2,337.
- Where can I find the annual accounts of POWERLINE?
- POWERLINE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POWERLINE due?
- POWERLINE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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