Losses
-€8,295 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Powershell
Lifetime
3 annual accounts with figures on one time axispeak -€1,295 (2023)
-€2,757▼ €1,403
lowest -€4,420 (2025)
-€4,420▼ €1,288
peak €49,256 (2023)
€41,705▼ 9.6%
€51,868▲ 21.8%
Board4 names since 2021
3 directorsA&M Real Estate BV and 2 others
Owners2 names in the annual accounts
50%MYLECKE and 1 other
Documentsfilings and deeds
26-11-202526 days late
2025abbreviated format
Gross margin from -€1,354 to -€2,757Loss of €4,420Debts from €42,585 to €51,868Cash from €84 to €235
Key points
from the 2025 annual accountsFilings
3 annual accounts 11 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Board
1 joined · 2 left
Board changed. Latest change 05-05-2026 · 2 in office.
Turnover not published (abbreviated format)
Checked score
53
Fair
Financially stronger than 32% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 1.0%▼ -0.2 percentage points vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.0%● unchanged vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.5%▲ +0.5 percentage points vs 10-2025
12-2025: 0.8%▼ -0.7 percentage points vs 11-2025lowest value
01-2026: 0.8%● unchanged vs 12-2025lowest value
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 1.5%▲ +0.7 percentage points vs 08-2026
10-2026: 1.6%▲ +0.1 percentage points vs 09-2026
11-2026: 2.0%▲ +0.4 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 1.80, cash €235
Founded in 2021
lowers risk
Sector: Real estate activities (NACE 68)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 60% of them on solvency, 17% on liquidity, 23% on profitability and 28% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as Powershell has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Powershell itself: 2.0% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for Powershell. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.8 (2.08 in 2024), above the usual 1.5. Short-term debt is 55.4% and cash 0.3% of total assets. However, 55.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€4,420
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-11-2025, 26 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 · 3 filingsDeviation from the deadline
2026
not filed
2025
26 days late
2024
10 days early
2023
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 4 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- MYLECKE 50%score 80equity €69.5m (2025) · 31-08-2025 annual accounts of MYLECKE
- VH Consult 50%score 68equity €134,843 (2025) · 2025 annual accounts of VH Consult
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0775596360
Company renamed from Verviers Construct to Powershell
Registered office moved from Sint-Martens-Latem to Heist-op-den-Berg · New registered office: Industriepark 36A, 2220 Heist-op-den-Berg · Previous registered office: Kortrijksesteenweg 48 bus 10, 9830 Sint-Martens-Latem · General meeting of 22-07-2026 · Gazette deed
Incorporation
Founding capital of €50,000, 500 shares · Founders: MYLECKE (partner) and J&B VASTGOED BELGIË (partner) · Appointments: MYLECKE (director) and J&B VASTGOED BELGIË (director) · published on 13-10-2021 · Gazette deed
First establishment
Verviers Construct, Kortrijksesteenweg 48, Sint-Martens-Latem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Powershell Heist-op-den-Berg | €93,573 | -€2,757 | 44.6% | - |
| Natalia Invest Antwerp | €84,736 | -€3,187 | -86.8% | 0 |
| Lissan Invest Essen | €79,001 | -€770 | 56.2% | - |
| KAJO Mechelen | €103,948 | -€4,203 | 93.4% | - |
| Emilien Struys Immo Eghezée | €93,684 | -€190 | 8.4% | - |
| DL REAL ESTATE Schaerbeek | €89,713 | -€25,011 | 38.5% | - |
| In Vesta Projects Holsbeek | €80,735 | -€14,849 | 95.0% | - |
These companies have the same main activity as Powershell: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €79,000 and €104,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 11-10-2021Normal situation
- Registered office
- 12 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.326.624.3809830 Sint-Martens-Latem, since 11-10-2021
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2026
Insights on Powershell
Powershell files the abbreviated format. That format states no turnover. The gross margin fell from -€1,295 in 2023 to -€2,757 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Powershell
- What is the company number of Powershell?
- The company number of Powershell is 0775.596.360. The VAT number is the same number with BE in front: BE 0775.596.360.
- Where is Powershell based?
- The registered office is at Industriepark 36A, 2220 Heist-op-den-Berg.Company details
- What does Powershell do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of Powershell?
- Powershell is a private limited company (BV).
- When was Powershell founded?
- Powershell was founded on 11-10-2021.
- Is Powershell still active?
- Yes, Powershell is an active enterprise in the KBO register.
- What is the turnover of Powershell?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Powershell profitable?
- In financial year 2025, Powershell made a loss of €4,420.
- Where can I find the annual accounts of Powershell?
- Powershell filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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