Financials
- Financial year
- 2025
- Total assets
- €564,524
- Loss
- -€10,000
- Solvency
- -22.9%
Total assets▼ 27.0%
Net result
20182025
THE POWERHOUSE
Special situationSummary
The file of THE POWERHOUSE contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette. The KBO register currently lists the legal status of THE POWERHOUSE as special situation, with no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€129,291) and a net result of -€10,000. Equity is shrinking by about 29% per year across the filed financial years. Its solvency ranks better than 5% of 9,760 sector peers (NACE 43, financial year 2025).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€564,524total assets 2025
- Staff
- 9.1 FTE
- Equity
- -€129,291
- Loss
- -€10,000
Turnover not published (abbreviated or micro format)
Financial health
11
Critical
Checked score 2025Reorganisation running: about 1 in 4 bankrupt within the year
Structure
- Parent
- Tengrootenhuysen · 75.27%
- Holdings
- 2
- TENGROOTENHUYZEN KoenDirector
- COENEN CarolineDirector
Accounts filed 28 days late2 of 9 deeds read
Signalsraises riskNegative equityRegister: special situationReorganisation plan being carried outneutralFiled after the deadlineShow the evidence
Checked score
Score 2025
11
/ 100
Critical
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency
2-8
equity -22.9% of total assets
Liquidity
2-6
short-term debt 98.3% · cash 1.5%
Profitability
30+30
return on assets -1.8%
Bankruptcy probability, 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.82, compared with 0.69 in 2024, below 1; short-term debt: 98.3% and cash: 1.5% of total assets), and equity is negative.
Signals
Four signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€129,291
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
61 days late
2023
30 days late
2022
70 days early
2021
46 days early
2020
81 days late
2019
130 days 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 31 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 filed years within 74 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignation: Caroline Coenen (director)Registered-office move
- Plan homologationEnterprise Court of Antwerp ·…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€129,291 View
- Positive: Result rose in 2025from -€297,522 to -€10,000 ▲ 96.6% View
- Caution: Among the weakest 5% on solvencysector median 44.1% · 9,760 companies -22.9% View
- Controlled by Tengrootenhuysen 75.27% View
- Caution: 2 loss-making years in a rowloss financial year 2025 -€10,000 View
By topic
Board & ownership
- Board
- 2 members
- Parent
- Tengrootenhuysen · 75.27%
- TENGROOTENHUYZEN KoenDirector
- COENEN CarolineDirector
Network & group
- Holdings
- 2
2 holdings
Timeline
- Events
- 23
- Since
- 2013
- Next accounts
- by 31-07-2027
- 26-01-2026Opening
- 30-09-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 22-08-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 14
- Purpose
- “Alle elektriciteitswerken,elektrotechniek,elektro-mechaniek en automatisatie; Onderneming…” (deed in Dutch)
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