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TEAM POWER

Active
Private limited companyfounded 198837 yrs activeArnaud Fraiteurlaan 15, 1050 Elsene, BelgiumKBO/BCE: BE 0435.348.272

TEAM POWER has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €73k and a net result of €49k. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
75 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency63▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.53 in 2023; short-term debt: 61.6% and cash: 33.3% of total assets), but 61.6% 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 riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 37 years 0 40 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
69 d late
2023
30 d late
2022
31 d late
2021
95 d late
2020
91 d late
2019
122 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€73k▲ 23.3%
2023 · €59k
2018: €25k 2019: €34k 2020: €11k 2021: €22k 2022: €-5k 2023: €59k
2018 → 2024
Total assets
€189k▲ 16.9%
2023 · €162k
2018: €141k 2019: €168k 2020: €116k 2021: €103k 2022: €100k 2023: €162k
2018 → 2024
Net result
€49k▼ 24.1%
2023 · €64k
2018: €7k 2019: €9k 2020: €-22k 2021: €10k 2022: €-27k 2023: €64k
2018 → 2024
Working capital
€63k▲ 14.2%
2023 · €55k
2018: €22k 2019: €27k 2020: €25k 2021: €24k 2022: €-13k 2023: €55k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€11k-€22k▲ 87.2%€-5k€59k€73k▲ 23.3%
Operating result€-18k-€13k€-23k€87k€72k▼ 17.8%
Net result€-22k-€10k€-27k€64k€49k▼ 24.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2020: €-18k€-18kNet result 2020: €-22k€-22kOperating result 2021: €13k€13kNet result 2021: €10k€10kOperating result 2022: €-23k€-23kNet result 2022: €-27k€-27kOperating result 2023: €87k€87kNet result 2023: €64k€64kOperating result 2024: €72k€72kNet result 2024: €49k€49k20202021202220232024
The operating result falls in 2024; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €189k
Fixed assets €10k▲ 155%
Current assets €179k▲ 13.6%
Equity and liabilities €189k
Equity €73k▲ 23.3%
Debt €117k▲ 13.2%
The debt ratio falls from 63.6% to 61.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€74k
2023 · €87k
Cash flow
€51k
2023 · €64k
Solvency
38.4%
2023 · 36.4%
Current ratio
1.54
2023 · 1.53
Quick ratio
1.54
2023 · 1.53
Debt / equity
1.61
2023 · 1.75
ROE
67.2%
2023 · 109.2%
ROA
25.8%
2023 · 39.7%
Interest coverage
15.60
2023 · 16.37
Debt
€117k
2023 · €103k
Debt ≤ 1 year
€117k
2023 · €103k
Income taxes
€19k
2023 · €18k
Staff costs
€65k
2023 · €68k
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€162k€189k
Fixed assets21/28€4k€10k
Intangible fixed assets21-€6k
Tangible fixed assets22/27€1k€834
Furniture and vehicles24€1k€834
Financial fixed assets28€3k€3k=
Current assets29/58€158k€179k
Amounts receivable after more than one year29€30k€30k=
Other amounts receivable291€30k€30k=
Amounts receivable within one year40/41€127k€86k
Trade receivables40€90k€46k
Other amounts receivable41€37k€40k
Cash at bank and in hand54/58€633€63k
Deferred charges and accrued income490/1-€356
Equity and liabilities
Total equity and liabilities10/49€162k€189k
Equity10/15€59k€73k
Contributions10/11€31k€31k=
Reserves13€13k€13k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€15k€29k
Amounts payable17/49€103k€117k
Amounts payable within one year42/48€103k€117k
Current portion of amounts payable after more than one year42€24k€8k
Financial debts43€290-
Credit institutions430/8€290-
Trade debts44€46k€38k
Suppliers440/4€46k€38k
Taxes, remuneration and social security45€33k€46k
Taxes450/3€22k€35k
Remuneration and social security454/9€11k€11k
Other amounts payable47/48-€25k
Income statement Code20232024
Remuneration, social security and pensions62€68k€65k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30€2k
Other operating charges640/8€454€895
Gross operating margin9900€156k€140k
Operating profit (loss)9901€87k€72k
Financial income75/76B€262€811
Recurring financial income75€262€811
Financial charges65/66B€5k€5k
Recurring financial charges65€5k€5k
Profit (loss) for the period before taxes9903€82k€68k
Income taxes67/77€18k€19k
Profit (loss) for the period9904€64k€49k
Profit (loss) for the period to be appropriated9905€64k€49k
Appropriation of the result
Profit (loss) to be appropriated9906€15k€64k
Profit (loss) brought forward from the previous period14P€-49k€15k
Profit to be distributed694/7-€35k
Return on contributions (dividend)694-€35k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
18-03
State Gazette act Capital & shares · Purpose · Statutes amendment · Restructuring
General meeting · Merger · Dissolution11 facts ▸
  • General meeting, 2026-03-04
  • Merger, 2026-03-04
  • Dissolution, 2026-03-04
  • Share cancellation, 75
  • Purpose change, l'accomplissement tant en Belgique qu'à l'étranger : - de toutes opérations ou missions relatives à l'organisation et la réorganisation d'entreprises ou de serv…
  • Statutes amendment
  • Merger detail, Assemblée générale, 2025-09-23
  • General meeting, 2026-03-04
  • Share exchange, sole shareholder under art. 12:7 §2 CSA, 0
  • Special report, 2025-11-27
  • Fonds de commerce, free of all debts, privileged charges, mortgage inscriptions, pledges, and mortgage mandates
2025
08-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Back to profitnet €64k
Net result €64k after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Weakest financial yearnet €-27k ▼369%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
03-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
2021
31-12
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
30-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
09-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2015
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-02-2015 Annie DELHAEYE: Resigned as Managing director
28-02-2015 Guy HERCOT: Resigned as Managing director
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1988
establishment The establishment unit on the map
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.

Arnaud Fraiteurlaan 151050 Elsene
Ground area
7,406 m²
Building footprint
1,655 m²
Volume, LiDAR
29,823 m³
Parcel 21446F0030/00A000, Brussels · tallest building 28.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Arnaud Fraiteurlaan 15/23, 1050 Elsene
NACE 51472
since 19882.040.403.611
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21446F0030/00A000 Brussels 7,406 m² 1 · 1,655 m² 28.5 m · 6 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.

Structure & network

Connections & network

10 connected companies

Acquisitions and mergers

1 transaction
Took over:ARNO.COM
merger by absorption · State Gazette act of 18-03-2026 · effective 04-03-2026

Similar companies · same sector, comparable size

Of 13,426 companies in sector 73300 we hold annual accounts for 6,900. 5,600 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-09-1988
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.