POWSON
ActiveSummary
POWSON has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.25M and a net result of €-34k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 82% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+21
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 7.8; short-term debt: 7% and cash: 38.2% of total assets), and 23.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
76.1%
Return on assets
-2.1%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
10 d late
2024
11 d late
2023
22 d late
2022
on the day
2021
20 d early
2020
10 d late
2019
2 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.25M▼ 34.4%
2024 · €1.90M
2019: €1.76M
2020: €1.67M
2021: €1.61M
2022: €1.57M
2023: €1.83M
2024: €1.90M
2019 → 2025
Total assets
€1.64M▼ 25.0%
2024 · €2.18M
2019: €1.83M
2020: €1.72M
2021: €1.62M
2022: €1.58M
2023: €2.13M
2024: €2.18M
2019 → 2025
Net result
€-34k
2024 · €68k
2019: €393k
2020: €-89k
2021: €-66k
2022: €-40k
2023: €806k
2024: €68k
2019 → 2025
Working capital
€784k▼ 53.4%
2024 · €1.68M
2019: €1.10M
2020: €1.03M
2021: €931k
2022: €910k
2023: €2.05M
2024: €1.68M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.61M-€1.57M▼ 2.5%€1.83M▲ 16.6%€1.90M▲ 3.7%€1.25M▼ 34.4%
Operating result€-78k-€-56k▲ 28.4%€1.05M€19k▼ 98.2%€-53k
Net result€-66k-€-40k▲ 39.1%€806k€68k▼ 91.6%€-34k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €53k after €19k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.64M
Fixed assets
€738k ▲ 49.2%
Current assets
€899k ▼ 46.8%
Equity and liabilities €1.64M
Equity
€1.25M ▼ 34.4%
Provisions
€276k =
Debt
€115k ▲ 1,095%
Debt's share of the balance-sheet total rises from 0.4% to 7.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€19k▼
2024 · €34k
Cash flow
€38k▼
2024 · €83k
Current ratio
7.80
Debt to equity
0.09▲
2024 · 0.01
ROE
-2.7%▼
2024 · 3.6%
ROA
-2.1%▼
2024 · 3.1%
Interest coverage
6.76▲
2024 · -47.50
Debt ≤ 1 year
€115k▲
2024 · €7k
Income taxes
€0▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.18M€1.64M▼
Fixed assets21/28€494k€738k▲
Tangible fixed assets22/27€494k€738k▲
Land and buildings22€492k€565k▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€2k€933▼
Assets under construction and advance payments27-€172k
Current assets29/58€1.69M€899k▼
Amounts receivable after more than one year29€600k€0▼
Other amounts receivable291€600k€0▼
Amounts receivable within one year40/41€36k€74k▲
Trade receivables40€28k€663▼
Other amounts receivable41€8k€73k▲
Current investments50/53€901k€200k▼
Cash at bank and in hand54/58€143k€625k▲
Deferred charges and accrued income490/1€9k€0▼
Equity and liabilities
Total equity and liabilities10/49€2.18M€1.64M▼
Equity10/15€1.90M€1.25M▼
Contributions10/11€222k€222k=
Reserves13€1.89M€1.27M▼
Tax-exempt reserves132€828k€828k=
Distributable reserves133€1.06M€443k▼
Profit (loss) carried forward14€-213k€-247k▼
Provisions and deferred taxes16€276k€276k=
Deferred taxes168€276k€276k=
Amounts payable17/49€10k€115k▲
Amounts payable within one year42/48€7k€115k▲
Trade debts44€6k€114k▲
Suppliers440/4€6k€114k▲
Taxes, remuneration and social security45-€9
Taxes450/3-€9
Other amounts payable47/48€1k€908▼
Accrued charges and deferred income492/3€3k€110▼
Income statement
Code20242025
Non-recurring operating income76A€48k€44k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€72k▲
Other operating charges640/8€139€813▲
Non-recurring operating charges66A€885€0▼
Gross operating margin9900€35k€19k▼
Operating profit (loss)9901€19k€-53k▼
Financial income75/76B€57k€23k▼
Recurring financial income75€57k€23k▼
Financial charges65/66B€-717€3k▲
Recurring financial charges65€-717€3k▲
Profit (loss) for the period before taxes9903€77k€-34k▼
Transfer to deferred taxes680€0-
Income taxes67/77€9k€0▼
Profit (loss) for the period9904€68k€-34k▼
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€68k€-34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-213k€-247k▼
Profit (loss) brought forward from the previous period14P€-281k€-213k▲
Transfer from equity791/2-€619k
Profit to be distributed694/7-€619k
Return on contributions (dividend)694-€619k
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (9 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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 243.16
Current ratio from 94.28 to 243.16; short-term debt falls from €22k to €7k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
31-12
Financial
Back to profitnet €806k
Net result €806k after 3 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 79.60
Current ratio from 21.72 to 79.60; short-term debt falls from €50k to €12k.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Weakest financial yearnet €-89k ▼123%
Net result drops to €-89k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Machelen (Brab.) · 1 establishment unit since 2018
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.
Woluwelaan 106B1831 Machelen (Brab.)Ground area
720 m²
Building footprint
339 m²
Volume, LiDAR
3,914 m³
Parcel 23015C0172/00F000, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Woluwelaan 106B, 1831 Machelen (Brab.)
since 20182.272.379.111
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015C0172/00F000 | Flanders | 720 m² | 1 · 339 m² | 16.1 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500B4ALCF1B89AC84
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Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,075 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.