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S-POWER

Active
Private limited companyfounded 20241 yr activeJozef Van Elewijckstraat 22, 1853 Grimbergen, BelgiumKBO/BCE: BE 1016.231.386
Summary

The computed 12-month bankruptcy probability of S-POWER is 5.9% (elevated). The 2025 annual accounts show equity of €1,868 and a net result of €1,868. Its solvency ranks better than 15% of 8200 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
How big
€37,840total assets 2025
Equity
€1,868
Profit
€1,868
Turnover not published (abridged schema)
Financially healthy?
35 Weak Checked score 2025
Bankruptcy chance 12 m
5.9%
Who decides
Accounts filed 3 d late0 of 1 deed read
Why 35- Founded in 2024- Sector Construction of residential and non-residential buildings (NACE 41)- Liquidity: current ratio 0.89- Size: total assets €37,840Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 22% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency 30
equity 4.9% of total assets
Liquidity 0
short-term debt 95.1%
Profitability 75
return on assets 4.9%
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.6% (13,168 companies)
  • Founded in 2024 raises the probability for this profile
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
  • Liquidity: current ratio 0.89 raises the probability
  • Size: total assets €37,840 raises the probability for this profile
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.89; short-term debt: 95.1% of total assets), and 95.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 15%, liquidity 1%, profitability 52%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Liquidity: current ratio 0.89
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Size: total assets €37,840
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 8200 sector peers (2025).
NBB · sector comparison
Position among 8200 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 1 filing
Deviation from the deadline
2025
3 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Caution: Among the weakest 14% on equitysector median €46,520 · 8,208 companies €1,868 View
  • Total assets 2025first fiscal year filed €37,840 View
  • Active since 2024founded 14-11-2024 1 years View

By topic

Financials

Fiscal year
2025
Total assets
€37,840
Profit
€1,868
Solvency
4.9%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
14-11-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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