POWERSLAVE ELECTRONICS
ActiveSummary
POWERSLAVE ELECTRONICS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €472k and a net result of €126k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 81% of 195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.44 against 4.9 in 2024; short-term debt: 19.6% and cash: 17% of total assets), and 20.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← 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
79.4%
Return on assets
21.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-10-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
6 d early
2023
1 d early
2022
4 d early
2021
4 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
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 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€472k▲ 22.8%
2024 · €384k
Total assets
€595k▲ 24.7%
2024 · €477k
Net result
€126k▲ 78.4%
2024 · €71k
Working capital
€401k▲ 17.0%
2024 · €343k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€45k▲ 558%€37k▼ 18.7%€77k▲ 109%€104k▲ 34.5%€191k▲ 84.1%
Net result€30k▲ 806%€24k▼ 19.2%€55k▲ 131%€71k▲ 28.1%€126k▲ 78.4%
Equity€263k▲ 12.7%€287k▲ 9.1%€314k▲ 9.2%€384k▲ 22.5%€472k▲ 22.8%
Total assets€324k▲ 3.6%€375k▲ 15.7%€438k▲ 16.8%€477k▲ 8.9%€595k▲ 24.7%
Debt€61k▼ 23.3%€88k▲ 44.5%€124k▲ 41.6%€92k▼ 25.5%€123k▲ 32.6%
Working capital€244k▲ 19.4%€267k▲ 9.5%€257k▼ 3.8%€343k▲ 33.5%€401k▲ 17.0%
Staff (FTE)0.1▼ 90.0%
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 three years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €595k
Fixed assets
€77k ▲ 66.4%
Current assets
€518k ▲ 20.2%
Equity and liabilities €595k
Equity
€472k ▲ 22.8%
Debt
€123k ▲ 32.6%
Debt's share of the balance-sheet total rises from 19.4% to 20.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€208k▲
2024 · €118k
Cash flow
€143k▲
2024 · €85k
Current ratio
4.44▼
2024 · 4.90
Quick ratio
3.60▲
2024 · 3.44
Debt to equity
0.26▲
2024 · 0.24
ROE
26.7%▲
2024 · 18.4%
ROA
21.2%▲
2024 · 14.8%
Interest coverage
26.82▲
2024 · 21.73
Debt ≤ 1 year
€117k▲
2024 · €88k
Income taxes
€61k▲
2024 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8k | - | €272 | - |
| Remuneration, social security and pensions62 | - | €858 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €15k | €13k | €15k | €17k | ▲ 17.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | - | - | - | - |
| Other operating charges640/8 | - | €2k | €2k | €2k | €3k | ▲ 23.8% |
| Non-recurring operating charges66A | - | - | - | - | €924 | - |
| Gross operating margin9900 | €62k | €56k | €92k | €121k | €212k | ▲ 75.5% |
| Operating profit (loss)9901 | €45k | €37k | €77k | €104k | €191k | ▲ 84.1% |
| Financial income75/76B | - | €533 | €941 | €1k | €4k | ▲ 246% |
| Recurring financial income75 | €954 | €533 | €941 | €1k | €4k | ▲ 246% |
| Financial charges65/66B | - | €1k | €3k | €5k | €8k | ▲ 42.4% |
| Recurring financial charges65 | €2k | €1k | €3k | €5k | €8k | ▲ 42.4% |
| Profit (loss) for the period before taxes9903 | €45k | €36k | €75k | €99k | €187k | ▲ 88.2% |
| Income taxes67/77 | €15k | €12k | €19k | €29k | €61k | ▲ 112% |
| Profit (loss) for the period9904 | €30k | €24k | €55k | €71k | €126k | ▲ 78.4% |
| Transfer from tax-exempt reserves789 | - | €8k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €41k | €32k | €55k | €71k | €126k | ▲ 78.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €324k | €375k | €438k | €477k | €595k | ▲ 24.7% |
| Fixed assets21/28 | €29k | €22k | €60k | €46k | €77k | ▲ 66.4% |
| Tangible fixed assets22/27 | €29k | €22k | €60k | €46k | €77k | ▲ 66.4% |
| Land and buildings22 | - | €6k | €8k | €7k | €7k | ▲ 0.3% |
| Plant, machinery and equipment23 | - | €16k | €12k | €9k | €5k | ▼ 40.8% |
| Furniture and vehicles24 | - | - | €39k | €31k | €65k | ▲ 111% |
| Current assets29/58 | €294k | €353k | €378k | €431k | €518k | ▲ 20.2% |
| Stocks and contracts in progress3 | €137k | €147k | €148k | €129k | €98k | ▼ 23.9% |
| Stocks30/36 | - | €147k | €148k | €129k | €98k | ▼ 23.9% |
| Amounts receivable within one year40/41 | €77k | €102k | €95k | €85k | €114k | ▲ 34.6% |
| Trade receivables40 | - | €93k | €92k | €84k | €113k | ▲ 34.3% |
| Other amounts receivable41 | - | €9k | €3k | €436 | €880 | ▲ 102% |
| Current investments50/53 | - | - | - | - | €201k | - |
| Cash at bank and in hand54/58 | €77k | €101k | €130k | €213k | €101k | ▼ 52.6% |
| Deferred charges and accrued income490/1 | - | €3k | €5k | €4k | €3k | ▼ 8.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €324k | €375k | €438k | €477k | €595k | ▲ 24.7% |
| Equity10/15 | €263k | €287k | €314k | €384k | €472k | ▲ 22.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €245k | €269k | €295k | €366k | €454k | ▲ 24.0% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €267k | €295k | €366k | €454k | ▲ 24.0% |
| Amounts payable17/49 | €61k | €88k | €124k | €92k | €123k | ▲ 32.6% |
| Amounts payable within one year42/48 | €51k | €86k | €121k | €88k | €117k | ▲ 32.7% |
| Trade debts44 | €16k | €48k | €44k | €8k | €7k | ▼ 14.6% |
| Suppliers440/4 | - | €48k | €44k | €8k | €7k | ▼ 14.6% |
| Taxes, remuneration and social security45 | - | €9k | €2k | €3k | €41k | ▲ 1,513% |
| Taxes450/3 | - | €7k | €13 | €3k | €41k | ▲ 1,513% |
| Remuneration and social security454/9 | - | €2k | €2k | - | - | - |
| Other amounts payable47/48 | - | €30k | €76k | €77k | €69k | ▼ 10.7% |
| Accrued charges and deferred income492/3 | - | €1k | €3k | €5k | €6k | ▲ 30.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €24k | €55k | €71k | €126k | ▲ 78.4% |
| + Depreciation and write-downs630 | €12k | €15k | €13k | €15k | €17k | ▲ 17.1% |
| Operating cash flow (approximation) | €42k | €39k | €68k | €85k | €143k | ▲ 67.9% |
| Investment in fixed assets (approximation) | - | €-7k | €-51k | €-1k | €-48k | ▼ 3,389% |
| Change in cash | - | €25k | €29k | €83k | €-112k | ▼ 235% |
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
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €126k ▲78.4%
Operating result €191k, net result €126k, both a record.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €3k ▼78.4%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-10
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Heers · 1 establishment unit since 2005
Ground area
3,122 m²
Building footprint
826 m²
Volume, LiDAR
4,363 m³
2 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Powerslave Electronics
since 20052.147.727.973
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73033A0170/00G000 | Flanders | 2,139 m² | 1 · 594 m² | 10.9 m · 2 fl. |
| 73090D0644/00P000 | Flanders | 984 m² | 1 · 232 m² | 8.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 46 companies in sector 27200 we hold annual accounts for 28. 16 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
Founded07-06-2005
Fiscal year end31-03
Activities, NACEBEL 2025
27200Manufacture of electrical equipment
47820Retail sale of motor vehicle parts and accessories
Scores and ratios are computed by Checked and are not a credit decision.