PowerPanda
ActivePowerPanda has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12k and a net result of €2k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
93
/ 100
Excellent▲ +14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+46
Solvency100▲+5
Growth78▲+20
Stability94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 3.47 against 2.34 in 2023), and 28.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
71.1%
Return on assets
11.1%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
63 d late
2022
31 d early
2021
122 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€12k▲ 18.5%
2023 · €10k
2021: €10k
2022: €9k
2023: €10k
2021 → 2024
Total assets
€16k▼ 17.2%
2023 · €20k
2021: €28k
2022: €29k
2023: €20k
2021 → 2024
Net result
€2k▲ 186%
2023 · €634
2021: €227
2022: €-1k
2023: €634
2021 → 2024
Working capital
€12k▲ 2.9%
2023 · €11k
2021: €10k
2022: €9k
2023: €11k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€10k-€9k▼ 10.5%€10k▲ 6.9%€12k▲ 18.5%
Operating result€352-€-445€2k€4k▲ 128%
Net result€227-€-1k€634€2k▲ 186%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 128% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €16k
Equity
€12k▲ 18.5%
Debt
€5k▼ 52.5%
The debt ratio falls from 50.3% to 28.9%: equity grows while debt is paid down.
Key figures and ratios
Solvency
71.1%▲
2023 · 49.7%
Current ratio
3.47▲
2023 · 2.34
Quick ratio
3.47▲
2023 · 2.34
Debt / equity
0.41▼
2023 · 1.01
ROE
15.6%▲
2023 · 6.5%
ROA
11.1%▲
2023 · 3.2%
Debt
€5k▼
2023 · €10k
Debt ≤ 1 year
€5k▼
2023 · €8k
Income taxes
€1k▲
2023 · €860
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€20k€16k▼
Current assets29/58€20k€16k▼
Amounts receivable after more than one year29€11k€15k▲
Other amounts receivable291€11k€15k▲
Amounts receivable within one year40/41€1k€350▼
Trade receivables40€1k€0▼
Other amounts receivable41€0€350▲
Cash at bank and in hand54/58€7k€1k▼
Equity and liabilities
Total equity and liabilities10/49€20k€16k▼
Equity10/15€10k€12k▲
Contributions10/11€10k€10k=
Reserves13-€2k
Distributable reserves133-€2k
Profit (loss) carried forward14€-210€0▲
Amounts payable17/49€10k€5k▼
Amounts payable within one year42/48€8k€5k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€315€0▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20232024
Other operating charges640/8€0€118▲
Gross operating margin9900€2k€4k▲
Operating profit (loss)9901€2k€4k▲
Financial income75/76B€0€56▲
Recurring financial income75€0€56▲
Financial charges65/66B€108€523▲
Recurring financial charges65€108€523▲
Profit (loss) for the period before taxes9903€1k€3k▲
Income taxes67/77€860€1k▲
Profit (loss) for the period9904€634€2k▲
Profit (loss) for the period to be appropriated9905€634€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-210€2k▲
Profit (loss) brought forward from the previous period14P€-844€-210▲
Transfer from equity791/2€0-
Transfer to equity691/2-€2k
To other reserves6921-€2k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Highest result since 2021net €2k ▲186%
Operating result €4k, net result €2k, both a record.
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
31-12
Financial
Back to profitnet €634
Net result €634 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-1k ▼572%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
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.
Lange Leemstraat 1842018 AntwerpenGround area
497 m²
Building footprint
482 m²
Volume, LiDAR
9,674 m³
Parcel 11806F1340/00M012, Flanders · tallest building 29.3 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
PowerPanda
since 20212.313.852.351
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1340/00M012 | Flanders | 497 m² | 1 · 482 m² | 29.3 m · 7 fl. |
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
WITS
BE 0426.744.273
Vorst · Eq €12k
Novativ Group
BE 0803.378.348
Braine-l'Alleud · Eq €12k
Savvytech
BE 0771.705.769
Brecht · Eq €12k
JLO SERVICES
BE 0802.994.011
Waremme · Eq €12k
PALANTIR CONSULT
BE 0778.717.087
Diest · Eq €12k
Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 10,246 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-2021
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.