POWERLINE
Annual accounts 2025
micro format, filed on 28-01-2026, 3 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €400,000. Estimated: probably between €270,000 and €620,000.
Balance sheet
balance sheet total €358,833 on 30-06-2025in euro
in euro
Position in the sector
49.6%
Higher than 50% of 2,486 companies in 2025.
1.68
Higher than 46% of 2,349 companies in 2025.
0.7%
Higher than 36% of 2,394 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff
€56,267
Staff costs divided by the average number of full-time equivalents.
level
In 2025, 8 people joined and 8 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
358,833 | 393,014 | 380,248 | 274,392 | 262,277 | 252,125 | 197,972 | 186,040 | 204,934 | 108,780 | 108,748 | 110,116 | 129,568 | 151,011 | 158,749 | 100,739 | |
21/28 |
146,158 | 202,357 | 183,316 | 183,441 | 188,686 | 158,078 | 123,490 | 117,027 | 123,894 | 6,422 | 65,527 | 83,262 | 85,363 | 112,808 | 139,833 | 92,704 | |
21 |
4,221 | 5,481 | 0 | - | 880 | 1,760 | - | - | - | - | - | - | - | - | - | - | |
22/27 |
141,937 | 196,876 | 183,316 | 183,441 | 187,806 | 156,318 | 123,490 | 117,027 | 123,894 | 6,422 | 65,527 | 83,262 | 85,363 | 112,808 | 139,833 | 92,704 | |
22 |
68,394 | 74,611 | 80,829 | 87,047 | 93,264 | 99,482 | 105,699 | 111,917 | 118,135 | - | - | - | - | - | - | - | |
23 |
23,823 | 30,298 | 28,809 | 19,887 | 26,448 | 16,613 | 17,791 | 3,860 | 3,259 | 2,672 | 65,527 | 81,762 | 64,956 | 73,495 | 81,614 | 23,078 | |
24 |
49,721 | 91,967 | 73,678 | 76,507 | 68,094 | 40,223 | - | 1,250 | 2,500 | 3,750 | - | 1,500 | 4,206 | 6,913 | 9,619 | 4,826 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | 16,200 | 32,400 | 48,600 | 64,800 | |
29/58 |
212,675 | 190,657 | 196,931 | 90,951 | 73,591 | 94,047 | 74,482 | 69,013 | 81,041 | 102,358 | 43,222 | 26,855 | 44,205 | 38,203 | 18,916 | 8,035 | |
3 |
100,332 | 90,944 | 115,112 | 22,054 | 14,255 | 17,801 | 16,367 | 11,630 | 9,512 | 6,458 | 7,500 | 7,500 | 7,500 | 7,500 | 4,000 | - | |
30/36 |
100,332 | 90,944 | 115,112 | 22,054 | 14,255 | 17,801 | 16,367 | 11,630 | 9,512 | 6,458 | 7,500 | 7,500 | 7,500 | 7,500 | 4,000 | - | |
40/41 |
52,783 | 63,505 | 54,118 | 28,857 | 24,054 | 42,382 | 17,837 | 16,282 | 46,385 | 40,373 | 33,125 | 15,993 | 33,360 | 18,909 | 12,057 | 7,088 | |
40 |
30,625 | 38,160 | 12,318 | 16,906 | 9,628 | 39,520 | 13,220 | 8,787 | 42,060 | 35,217 | 26,248 | 15,993 | 28,024 | 16,409 | 11,166 | 7,088 | |
41 |
22,158 | 25,345 | 41,801 | 11,951 | 14,427 | 2,862 | 4,617 | 7,496 | 4,325 | 5,156 | 6,877 | - | 5,336 | 2,500 | 891 | - | |
54/58 |
52,803 | 29,026 | 23,186 | 36,361 | 31,835 | 32,005 | 38,947 | 40,052 | 25,143 | 55,527 | 2,597 | 3,362 | 3,345 | 11,793 | 2,859 | 948 | |
490/1 |
6,758 | 7,183 | 4,515 | 3,679 | 3,447 | 1,859 | 1,331 | 1,049 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
358,833 | 393,014 | 380,248 | 274,392 | 262,277 | 252,125 | 197,972 | 186,040 | 204,934 | 108,780 | 108,748 | 110,116 | 129,568 | 151,011 | 158,749 | 100,739 | |
10/15 |
177,962 | 175,625 | 139,962 | 106,211 | 79,607 | 69,135 | 38,844 | 31,066 | 28,375 | 23,985 | 10,518 | -11,922 | 13,243 | 12,787 | 11,185 | 13,133 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | |
13 |
159,362 | 157,025 | 121,362 | 87,611 | 61,007 | 50,535 | 20,244 | 12,466 | 9,775 | 5,385 | - | - | - | - | - | - | |
130/1 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
1311 |
- | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
159,362 | 157,025 | 119,502 | 85,751 | 59,147 | 48,675 | 18,384 | 10,606 | 7,915 | 3,525 | - | - | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | -8,082 | -30,522 | -5,357 | -5,813 | -7,415 | -5,467 | |
17/49 |
180,871 | 217,389 | 240,285 | 168,180 | 182,671 | 182,989 | 159,128 | 154,974 | 176,559 | 84,795 | 98,230 | 122,038 | 116,325 | 138,224 | 147,564 | 87,606 | |
17 |
54,515 | 77,118 | 81,297 | 70,756 | 86,686 | 104,456 | 96,566 | 92,991 | 101,379 | 10,248 | 13,169 | 35,116 | 36,183 | 55,357 | 124,593 | 64,216 | |
170/4 |
54,515 | 77,118 | 81,297 | 70,756 | 86,686 | 104,456 | 96,566 | 92,991 | 101,379 | 10,248 | 13,169 | 35,116 | 36,183 | 55,357 | 124,593 | 64,216 | |
42/48 |
126,356 | 140,271 | 158,988 | 97,424 | 95,985 | 78,534 | 62,562 | 61,983 | 75,180 | 74,547 | 85,062 | 86,922 | 80,142 | 82,866 | 22,971 | 23,390 | |
42 |
22,603 | 21,993 | 21,829 | 15,929 | 17,770 | 17,457 | 10,935 | 8,388 | 14,098 | 7,610 | 21,824 | 25,845 | 19,175 | 18,193 | 17,263 | 17,125 | |
43 |
0 | 10,596 | 6,190 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
0 | 10,596 | 6,190 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
59,735 | 49,722 | 64,369 | 19,013 | 18,469 | 1,827 | 11,705 | 2,686 | 11,426 | 4,399 | 5,999 | 3,178 | 5,257 | 6,051 | - | 6,064 | |
440/4 |
59,735 | 49,722 | 64,369 | 19,013 | 18,469 | 1,827 | 11,705 | 2,686 | 11,426 | 4,399 | 5,999 | 3,178 | 5,257 | 6,051 | - | 6,064 | |
45 |
6,375 | 12,302 | 18,275 | 18,656 | 13,878 | 12,292 | - | 340 | 2,022 | - | - | 2,801 | 1,500 | 477 | 5,708 | 201 | |
450/3 |
0 | 3,572 | 3,785 | 8,297 | 4,132 | 9,663 | - | 0 | - | - | - | 2,801 | - | 477 | 634 | 201 | |
454/9 |
6,375 | 8,730 | 14,490 | 10,358 | 9,745 | 2,628 | - | 340 | 2,022 | - | - | - | 1,500 | - | 5,075 | - | |
47/48 |
37,644 | 45,658 | 48,325 | 43,826 | 45,868 | 46,958 | 39,921 | 50,568 | 47,634 | 62,537 | 57,239 | 55,099 | 54,210 | 58,144 | - | - | |
| Income statement | |||||||||||||||||
76A |
4,363 | 500 | 13,500 | - | - | - | 2,740 | - | 2,000 | 8,732 | - | 1,378 | 3,075 | - | 413 | - | |
9900 |
159,023 | 241,881 | 195,944 | 168,675 | 129,788 | 75,274 | 27,286 | 25,799 | 22,954 | 9,285 | 43,558 | 20,580 | 41,073 | 44,969 | 31,102 | 25,136 | |
62 |
112,533 | 135,303 | 99,435 | 86,352 | 86,969 | 10,102 | 2,859 | 11,543 | 5,621 | - | - | - | - | - | - | - | |
630 |
42,416 | 48,627 | 45,047 | 35,314 | 24,850 | 19,638 | 13,971 | 10,556 | 10,154 | 3,118 | 20,217 | 44,018 | 40,462 | 39,044 | 31,117 | 25,712 | |
631/4 |
-4,627 | - | - | 4,627 | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
1,302 | 1,309 | 1,055 | 978 | 642 | 1,426 | 801 | 348 | 403 | 348 | 348 | 374 | 374 | 348 | 435 | - | |
66A |
- | - | - | 203 | - | 182 | 22 | - | 176 | - | - | - | - | - | - | 124 | |
9901 |
7,398 | 56,642 | 50,407 | 41,201 | 17,326 | 43,927 | 9,634 | 3,352 | 6,601 | 5,819 | 22,993 | -23,811 | 237 | 5,577 | -449 | -576 | |
75/76B |
6,839 | 19 | 2 | 1,313 | - | 3,173 | 2,983 | 2,697 | 2,085 | 1,802 | 1,823 | 535 | 717 | 483 | 650 | 187 | |
75 |
6,839 | 19 | 2 | 1,313 | - | 3,173 | 2,983 | 2,697 | 2,085 | 1,802 | 1,823 | 535 | 717 | 483 | 650 | 187 | |
65/66B |
10,720 | 4,167 | 3,998 | 2,702 | 2,780 | 2,645 | 2,777 | 2,606 | 2,900 | 1,381 | 2,376 | 3,268 | 3,573 | 4,458 | 2,561 | 4,954 | |
65 |
10,720 | 4,167 | 3,998 | 2,702 | 2,780 | 2,645 | 2,777 | 2,606 | 2,900 | 1,381 | 2,376 | 3,268 | 3,573 | 4,458 | 2,561 | 4,954 | |
9903 |
3,517 | 52,495 | 46,412 | 39,813 | 14,546 | 44,455 | 9,839 | 3,443 | 5,786 | 14,971 | 22,440 | -25,166 | 456 | 1,603 | -1,947 | -5,467 | |
67/77 |
1,180 | 16,832 | 12,661 | 13,208 | 4,075 | 14,163 | 2,062 | 751 | 1,396 | 1,504 | - | -1 | 1 | 1 | 0 | 0 | |
9904 |
2,337 | 35,663 | 33,751 | 26,605 | 10,471 | 30,291 | 7,778 | 2,691 | 4,390 | 13,467 | 22,440 | -25,165 | 455 | 1,602 | -1,948 | -5,467 | |
9905 |
2,337 | 35,663 | 33,751 | 26,605 | 10,471 | 30,291 | 7,778 | 2,691 | 4,390 | 13,467 | 22,440 | -25,165 | 455 | 1,602 | -1,948 | -5,467 | |
| Appropriation of the result | |||||||||||||||||
9906 |
2,337 | 35,663 | 33,751 | 26,605 | 10,471 | 30,291 | 7,778 | 2,691 | 4,390 | 5,385 | -8,082 | -30,522 | -5,357 | -5,813 | -7,415 | -5,467 | |
691/2 |
2,337 | 35,663 | 33,751 | 26,605 | 10,471 | 30,291 | 7,778 | 2,691 | 4,390 | 5,385 | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | 1,860 | - | - | - | - | - | - | |
6921 |
2,337 | 35,663 | 33,751 | 26,605 | 10,471 | 30,291 | 7,778 | 2,691 | 4,390 | 3,525 | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||
9087 |
2 | 2.4 | 2.1 | 2.1 | 2 | - | - | 0.3 | 0.2 | - | - | - | - | - | - | - | |
Hours worked1013 |
3,617 | 4,089 | 3,845 | 3,880 | 3,694 | - | - | 616 | 289 | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 28-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 28-01-2026 | 2026-00015876 | |
| 30-06-2024 | micro format | 30-01-2025 | 2025-00024216 | |
| 30-06-2023 | micro format | 05-01-2024 | 2024-00000426 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00013545 | |
| 30-06-2021 | micro format | 09-02-2022 | 2022-05500064 | |
| 30-06-2020 | micro format | 01-02-2021 | 2021-03800094 | |
| 30-06-2019 | micro format | 29-11-2019 | 2019-74800481 | |
| 30-06-2018 | micro format | 28-11-2018 | 2018-73200164 | |
| 30-06-2017 | micro format | 30-11-2017 | 2017-70900054 | |
| 30-06-2016 | abbreviated format | 22-11-2016 | 2016-68200304 | |
| 30-06-2015 | abbreviated format | 19-11-2015 | 2015-67200218 | |
| 30-06-2014 | abbreviated format | 02-12-2014 | 2014-68200183 | |
| 30-06-2013 | abbreviated format | 08-01-2014 | 2014-00600054 | |
| 30-06-2012 | abbreviated format | 06-12-2012 | 2012-66100251 | |
| 30-06-2011 | abbreviated format | 28-12-2011 | 2011-65500131 | |
| 30-06-2010 | abbreviated format | 24-12-2010 | 2010-64400538 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 49,814 | 105,270 | 95,454 | 76,515 | 42,176 | 63,565 | 23,604 | 13,908 | 16,755 | 8,937 | 43,210 | 20,207 | 40,700 | 44,622 | 30,667 | 25,136 | ||
| 44,753 | 84,290 | 78,797 | 61,918 | 35,322 | 49,930 | 21,748 | 13,248 | 14,544 | 16,585 | 42,657 | 18,854 | 40,918 | 40,646 | 29,169 | 20,245 | ||
| 855 | 67,668 | 46,922 | 30,271 | 55,458 | 54,408 | 20,433 | 3,690 | 127,801 | 7,767 | 2,482 | 41,917 | 13,017 | 12,019 | 78,246 | 118,416 | ||
| 23,777 | 5,841 | -13,175 | 4,526 | -170 | -6,942 | -1,105 | 14,908 | -30,383 | 52,930 | -765 | 17 | -8,448 | 8,934 | 1,911 | - | ||
| 86,319 | 50,386 | 37,943 | -6,473 | -22,394 | 15,513 | 11,920 | 7,030 | 5,860 | 27,810 | -41,840 | -60,067 | -35,937 | -44,663 | -4,055 | -15,355 | ||
| 49.6% | 44.7% | 36.8% | 38.7% | 30.4% | 27.4% | 19.6% | 16.7% | 13.8% | 22.0% | 9.7% | -10.8% | 10.2% | 8.5% | 7.0% | 13.0% | ||
| 1.68 | 1.36 | 1.24 | 0.93 | 0.77 | 1.20 | 1.19 | 1.11 | 1.08 | 1.37 | 0.51 | 0.31 | 0.55 | 0.46 | 0.82 | 0.34 | ||
| 0.89 | 0.71 | 0.51 | 0.71 | 0.62 | 0.97 | 0.93 | 0.93 | 0.95 | 1.29 | 0.42 | 0.22 | 0.46 | 0.37 | 0.65 | 0.34 | ||
| 1.02 | 1.24 | 1.72 | 1.58 | 2.29 | 2.65 | 4.10 | 4.99 | 6.22 | 3.54 | 9.34 | - | 8.78 | 10.81 | 13.19 | 6.67 | ||
| 1.3% | 20.3% | 24.1% | 25.0% | 13.2% | 43.8% | 20.0% | 8.7% | 15.5% | 56.1% | 213.3% | - | 3.4% | 12.5% | -17.4% | -41.6% | ||
| 0.7% | 9.1% | 8.9% | 9.7% | 4.0% | 12.0% | 3.9% | 1.4% | 2.1% | 12.4% | 20.6% | -22.9% | 0.4% | 1.1% | -1.2% | -5.4% | ||
| 4.65 | 25.26 | 23.88 | 28.32 | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 |
| full-time | 2 | 2 | 2 | 2 |
| part-time | 0 | 0 | - | - |
| in full-time equivalents | 2 | 2 | 2 | 2 |
| 2 | 2.4 | 2.1 | 2.1 | |
| On a permanent contract | 1 | 2 | 2 | 2 |
| Joined | 8 | 7 | 12 | 5 |
| Left | 8 | 7 | 12 | 5 |
| Training hours | - | - | 10 | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €855 | €61,368 | €46,922 | €30,271 |
| Intangible fixed assets | - | €6,300 | - | - |
| €42,416 | €48,627 | €45,047 | €35,314 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on POWERLINE
The operating result for 2025 is 87% lower than in 2024 and the lowest since 2018.
Debt's share of the balance-sheet total falls from 55.3% to 50.4%. Equity is higher and debt is lower.