POWERTECH GROUP
ActiveSummary
The computed 12-month bankruptcy probability of POWERTECH GROUP is 5.4% (elevated). The 2025 annual accounts show equity of €51,627 and a net result of -€6,245. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 28281 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-31
Solvency94▼-1
Growth52=
Track record92
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity ample (current ratio 3.26 against 3.31 in 2024; short-term debt: 30.7% and cash: 35.6% of total assets), and 30.7% of the assets are financed with debt.
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Signals
Eight 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
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 2025Solvency, return and age of the figures
Solvency
69.3%
Return on assets
-8.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-03-2026, 128 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
128 d early
2024
45 d early
2023
271 d late
2022
119 d early
2021
31 d early
2020
54 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 16 June (4 of the last 5 filed years within 83 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€51,627▼ 10.8%
2024 · €57,872
Total assets
€74,509▼ 10.2%
2024 · €82,960
Net result
-€6,245
2024 · €3,434
Working capital
€51,627▼ 10.8%
2024 · €57,872
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€39,534€2,143▼ 94.6%€12,800▲ 497%€2,586▼ 79.8%-€7,112
Net result€32,810above the sector's middle half€7,932within the sector's middle half▼ 75.8%€10,226within the sector's middle half▲ 28.9%€3,434within the sector's middle half▼ 66.4%-€6,245below the sector's middle half
Equity€36,280within the sector's middle half▲ 945%€44,212within the sector's middle half▲ 21.9%€54,438within the sector's middle half▲ 23.1%€57,872within the sector's middle half▲ 6.3%€51,627within the sector's middle half▼ 10.8%
Total assets€48,388below the sector's middle half▲ 137%€58,049below the sector's middle half▲ 20.0%€83,238within the sector's middle half▲ 43.4%€82,960within the sector's middle half▼ 0.3%€74,509within the sector's middle half▼ 10.2%
Debt€12,108▼ 28.4%€13,837▲ 14.3%€28,800▲ 108%€25,088▼ 12.9%€22,881▼ 8.8%
Working capital€36,280within the sector's middle half▲ 945%€44,212within the sector's middle half▲ 21.9%€54,438within the sector's middle half▲ 23.1%€57,872within the sector's middle half▲ 6.3%€51,627within the sector's middle half▼ 10.8%
Solvency75.0%above the sector's middle half▲ 57.9pp76.2%above the sector's middle half▲ 1.2pp65.4%within the sector's middle half▼ 10.8pp69.8%above the sector's middle half▲ 4.4pp69.3%within the sector's middle half▼ 0.5pp
Current ratio4.00above the sector's middle half▲ 2.794.20above the sector's middle half▲ 0.202.89within the sector's middle half▼ 1.313.31within the sector's middle half▲ 0.423.26within the sector's middle half▼ 0.05
Return on assets (ROA)67.8%above the sector's middle half▲ 199.2pp13.7%within the sector's middle half▼ 54.1pp12.3%within the sector's middle half▼ 1.4pp4.1%within the sector's middle half▼ 8.1pp-8.4%below the sector's middle half▼ 12.5pp
Staff (FTE)1▲ 100%1=1=1
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7,112 after €2,586 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €74,509
Equity
€51,627 ▼ 10.8%
Debt
€22,881 ▼ 8.8%
Debt's share of the balance-sheet total rises from 30.2% to 30.7%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.44▲
2024 · 0.43
ROE
-12.1%▼
2024 · 5.9%
Debt ≤ 1 year
€22,881▼
2024 · €25,088
Income taxes
€509▼
2024 · €1,286
Staff costs
€32,989▲
2024 · €3,769
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 5.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €21,735 | €23,760 | €25,328 | €3,769 | €32,989 | ▲ 775% |
| Other operating charges640/8 | €707 | €610 | €2,744 | - | - | - |
| Gross operating margin9900 | €61,976 | €26,513 | €40,872 | €6,354 | €25,876 | ▲ 307% |
| Operating profit (loss)9901 | €39,534 | €2,143 | €12,800 | €2,586 | -€7,112 | ▼ 375% |
| Financial income75/76B | €1,504 | €3,147 | €3,354 | €2,698 | €1,771 | ▼ 34.3% |
| Recurring financial income75 | €1,504 | €3,147 | €3,354 | €2,698 | €1,771 | ▼ 34.3% |
| Financial charges65/66B | €103 | €219 | €453 | €564 | €395 | ▼ 30.0% |
| Recurring financial charges65 | €103 | €219 | €453 | €564 | €395 | ▼ 30.0% |
| Profit (loss) for the period before taxes9903 | €40,935 | €5,071 | €15,701 | €4,721 | -€5,736 | ▼ 222% |
| Income taxes67/77 | €8,125 | -€2,861 | €5,475 | €1,286 | €509 | ▼ 60.4% |
| Profit (loss) for the period9904 | €32,810 | €7,932 | €10,226 | €3,434 | -€6,245 | ▼ 282% |
| Profit (loss) for the period to be appropriated9905 | €32,810 | €7,932 | €10,226 | €3,434 | -€6,245 | ▼ 282% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48,388 | €58,049 | €83,238 | €82,960 | €74,509 | ▼ 10.2% |
| Current assets29/58 | €48,388 | €58,049 | €83,238 | €82,960 | €74,509 | ▼ 10.2% |
| Amounts receivable within one year40/41 | €40,998 | €54,856 | €82,493 | €82,215 | €47,954 | ▼ 41.7% |
| Trade receivables40 | - | - | €37,500 | €37,500 | €26,500 | ▼ 29.3% |
| Other amounts receivable41 | €40,998 | €54,856 | €44,993 | €44,715 | €21,454 | ▼ 52.0% |
| Cash at bank and in hand54/58 | €7,173 | €3,149 | €745 | €745 | €26,555 | ▲ 3,464% |
| Deferred charges and accrued income490/1 | €218 | €44 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48,388 | €58,049 | €83,238 | €82,960 | €74,509 | ▼ 10.2% |
| Equity10/15 | €36,280 | €44,212 | €54,438 | €57,872 | €51,627 | ▼ 10.8% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Outside capital11 | €12,400 | €12,400 | €12,400 | €12,400 | - | - |
| Other1109/19 | €12,400 | €12,400 | €12,400 | €12,400 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €22,020 | €29,952 | €40,178 | €43,612 | €37,367 | ▼ 14.3% |
| Amounts payable17/49 | €12,108 | €13,837 | €28,800 | €25,088 | €22,881 | ▼ 8.8% |
| Amounts payable within one year42/48 | €12,108 | €13,837 | €28,800 | €25,088 | €22,881 | ▼ 8.8% |
| Financial debts43 | - | - | €1,194 | €750 | - | - |
| Credit institutions430/8 | - | - | €1,194 | €750 | - | - |
| Trade debts44 | €1,377 | €2,423 | €6,025 | €12,313 | €1,946 | ▼ 84.2% |
| Suppliers440/4 | €1,377 | €2,423 | €6,025 | €12,313 | €1,946 | ▼ 84.2% |
| Taxes, remuneration and social security45 | €10,731 | €11,414 | €21,581 | €12,025 | €20,936 | ▲ 74.1% |
| Taxes450/3 | €8,125 | €5,264 | €10,739 | €12,025 | €631 | ▼ 94.8% |
| Remuneration and social security454/9 | €2,606 | €6,150 | €10,842 | - | €20,305 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,810 | €7,932 | €10,226 | €3,434 | -€6,245 | ▼ 282% |
| Operating cash flow (approximation) | €32,810 | €7,932 | €10,226 | €3,434 | -€6,245 | ▼ 282% |
| Change in cash | - | -€4,024 | -€2,404 | €0 | €25,810 | - |
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
2026
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
28-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 271 days late
17-01
KBO administration
Address struck
2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €32,810
Net result €32,810 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.00
Current ratio from 1.21 to 4.00; short-term debt falls from €16,904 to €12,108.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€26,781
Net result drops to -€26,781, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Anderlecht · 1 establishment unit since 2013
Ground area
1,377 m²
Building footprint
158 m²
Volume, LiDAR
2,439 m³
Parcel 21305C0336/00H020, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
POWERTECH GROUP
since 20132.223.261.279
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305C0336/00H020 | Brussels | 1,377 m² | 1 · 158 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,123 companies in sector 43212 we hold annual accounts for 421. 354 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 (pre-2019)
Founded18-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0536788003
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.