POWERLINE
ActivePOWERLINE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €2k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 1983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-22
Solvency75▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.36 in 2024; short-term debt: 35.2% and cash: 14.7% of total assets), but 50.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.6%
Return on assets
0.7%
Age of the figures
15 mo
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 d early
2024
1 d early
2023
26 d early
2022
on the day
2021
9 d late
2020
1 d late
2019
63 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€178k▲ 1.3%
2024 · €176k
2019: €39k
2020: €69k
2021: €80k
2022: €106k
2023: €140k
2024: €176k
2019 → 2025
Total assets
€359k▼ 8.7%
2024 · €393k
2019: €198k
2020: €252k
2021: €262k
2022: €274k
2023: €380k
2024: €393k
2019 → 2025
Net result
€2k▼ 93.4%
2024 · €36k
2019: €8k
2020: €30k
2021: €10k
2022: €27k
2023: €34k
2024: €36k
2019 → 2025
Working capital
€86k▲ 71.3%
2024 · €50k
2019: €12k
2020: €16k
2021: €-22k
2022: €-6k
2023: €38k
2024: €50k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€106k▲ 33.4%€140k▲ 31.8%€176k▲ 25.5%€178k▲ 1.3%
Operating result€17k-€41k▲ 138%€50k▲ 22.3%€57k▲ 12.4%€7k▼ 86.9%
Net result€10k-€27k▲ 154%€34k▲ 26.9%€36k▲ 5.7%€2k▼ 93.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €359k
Fixed assets
€146k▼ 27.8%
Current assets
€213k▲ 11.5%
Equity and liabilities €359k
Equity
€178k▲ 1.3%
Debt
€181k▼ 16.8%
The debt ratio falls from 55.3% to 50.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50k▼
2024 · €105k
Cash flow
€45k▼
2024 · €84k
Solvency
49.6%▲
2024 · 44.7%
Current ratio
1.68▲
2024 · 1.36
Quick ratio
0.89▲
2024 · 0.71
Debt / equity
1.02▼
2024 · 1.24
ROE
1.3%▼
2024 · 20.3%
ROA
0.7%▼
2024 · 9.1%
Interest coverage
4.65▼
2024 · 25.26
Debt
€181k▼
2024 · €217k
Debt ≤ 1 year
€126k▼
2024 · €140k
Debt > 1 year
€55k▼
2024 · €77k
Income taxes
€1k▼
2024 · €17k
Staff costs
€113k▼
2024 · €135k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€393k€359k▼
Fixed assets21/28€202k€146k▼
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€197k€142k▼
Land and buildings22€75k€68k▼
Plant, machinery and equipment23€30k€24k▼
Furniture and vehicles24€92k€50k▼
Current assets29/58€191k€213k▲
Stocks and contracts in progress3€91k€100k▲
Stocks30/36€91k€100k▲
Amounts receivable within one year40/41€64k€53k▼
Trade receivables40€38k€31k▼
Other amounts receivable41€25k€22k▼
Cash at bank and in hand54/58€29k€53k▲
Deferred charges and accrued income490/1€7k€7k▼
Equity and liabilities
Total equity and liabilities10/49€393k€359k▼
Equity10/15€176k€178k▲
Contributions10/11€19k€19k=
Reserves13€157k€159k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€157k€159k▲
Amounts payable17/49€217k€181k▼
Amounts payable after more than one year17€77k€55k▼
Financial debts170/4€77k€55k▼
Amounts payable within one year42/48€140k€126k▼
Current portion of amounts payable after more than one year42€22k€23k▲
Financial debts43€11k€0▼
Credit institutions430/8€11k€0▼
Trade debts44€50k€60k▲
Suppliers440/4€50k€60k▲
Taxes, remuneration and social security45€12k€6k▼
Taxes450/3€4k€0▼
Remuneration and social security454/9€9k€6k▼
Other amounts payable47/48€46k€38k▼
Income statement
Code20242025
Non-recurring operating income76A€500€4k▲
Remuneration, social security and pensions62€135k€113k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€42k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-5k
Other operating charges640/8€1k€1k▼
Gross operating margin9900€242k€159k▼
Operating profit (loss)9901€57k€7k▼
Financial income75/76B€19€7k▲
Recurring financial income75€19€7k▲
Financial charges65/66B€4k€11k▲
Recurring financial charges65€4k€11k▲
Profit (loss) for the period before taxes9903€52k€4k▼
Income taxes67/77€17k€1k▼
Profit (loss) for the period9904€36k€2k▼
Profit (loss) for the period to be appropriated9905€36k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€2k▼
Transfer to equity691/2€36k€2k▼
To other reserves6921€36k€2k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €2k ▼93.4%
Net result drops to €2k, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €36k ▲5.7%
Operating result €57k, net result €36k, both a record.
30-06
Financial
Equity above €150kEq €176k ▲25.5%
6 profitable years in a row build equity to €176k.
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €100kEq €106k ▲33.4%
4 profitable years in a row build equity to €106k.
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
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.
20-10-2023
Robby Suetens: Resigned as Manager
22-08-2016
Kurt GEERAERTS: Resigned as Manager
Location & real-estate footprint
Registered office, Ranst · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Liersesteenweg 72520 RanstGround area
6,864 m²
Building footprint
530 m²
Parcel 11015B0292/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
Powerline
since 20092.175.696.142
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11015B0292/00P000 | Flanders | 6,864 m² | 1 · 530 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ARTEMIX
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SLMP
BE 0668.550.130
Schilde · Eq €178k
Oxalys
BE 0451.435.822
Brussel · Eq €178k
P & G Video
BE 0443.429.461
Nazareth-De Pinte · Eq €177k
BATTLE OF SOUNDS
BE 0889.439.421
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Of 3,396 companies in sector 90393 we hold annual accounts for 939. 734 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2009
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
90393Specialised image, lighting and sound technical services
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.