Powershell
ActiveSummary
Powershell has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42k and a net result of €-4k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability26▼-3
Solvency70▼-7
Growth32=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 2.08 in 2024; short-term debt: 55.4% and cash: 0.3% of total assets), but 55.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.6%
Return on assets
-4.7%
Age of the figures
18 mo
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 €-4k
neutral · Filed after the deadline
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. 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 · 3 filingsDeviation from the deadline
2025
26 d late
2024
10 d early
2023
4 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€42k▼ 9.6%
2024 · €46k
2023: €49khighest in 3 years
2024: €46k▼ -6.4% vs 2023
2025: €42k▼ -9.6% vs 2024lowest in 3 years
2023 → 2025
Total assets
€94k▲ 5.5%
2024 · €89k
2023: €88klowest in 3 years
2024: €89k▲ +1.0% vs 2023
2025: €94k▲ +5.5% vs 2024highest in 3 years
2023 → 2025
Net result
€-4k▼ 41.2%
2024 · €-3k
2023: €-744highest in 3 years
2024: €-3k▼ -321% vs 2023
2025: €-4k▼ -41.2% vs 2024lowest in 3 years
2023 → 2025
Working capital
€42k▼ 9.6%
2024 · €46k
2023: €49khighest in 3 years
2024: €46k▼ -6.4% vs 2023
2025: €42k▼ -9.6% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€49k-€46k▼ 6.4%€42k▼ 9.6%
2023: €49khighest in 3 years
2024: €46k▼ -6.4% vs 2023
2025: €42k▼ -9.6% vs 2024lowest in 3 years
Operating result€-1k-€-2k▼ 9.5%€-3k▼ 87.2%
2023: €-1khighest in 3 years
2024: €-2k▼ -9.5% vs 2023
2025: €-3k▼ -87.2% vs 2024lowest in 3 years
Net result€-744-€-3k▼ 321%€-4k▼ 41.2%
2023: €-744highest in 3 years
2024: €-3k▼ -321% vs 2023
2025: €-4k▼ -41.2% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €94k
Equity
€42k ▼ 9.6%
Debt
€52k ▲ 21.8%
Debt's share of the balance-sheet total rises from 48.0% to 55.4%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.80▼
2024 · 2.08
Quick ratio
0.65▼
2024 · 0.68
Debt to equity
1.24▲
2024 · 0.92
ROE
-10.6%▼
2024 · -6.8%
ROA
-4.7%▼
2024 · -3.5%
Debt ≤ 1 year
€52k▲
2024 · €43k
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 · 28 lines
Balance sheet
Code20242025
Assets
Total assets20/58€89k€94k▲
Current assets29/58€89k€94k▲
Stocks and contracts in progress3€60k€60k=
Stocks30/36€60k€60k=
Amounts receivable within one year40/41€29k€34k▲
Other amounts receivable41€29k€34k▲
Cash at bank and in hand54/58€84€235▲
Equity and liabilities
Total equity and liabilities10/49€89k€94k▲
Equity10/15€46k€42k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-4k€-8k▼
Amounts payable17/49€43k€52k▲
Amounts payable within one year42/48€43k€52k▲
Trade debts44€0€3k▲
Suppliers440/4€0€3k▲
Other amounts payable47/48€43k€49k▲
Income statement
Code20242025
Other operating charges640/8€266€275▲
Gross operating margin9900€-1k€-3k▼
Operating profit (loss)9901€-2k€-3k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-3k€-4k▼
Profit (loss) for the period9904€-3k€-4k▼
Profit (loss) for the period to be appropriated9905€-3k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-8k▼
Profit (loss) brought forward from the previous period14P€-744€-4k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €184 | €266 | €275 | ▲ 3.3% |
| Gross operating margin9900 | €-1k | €-1k | €-3k | ▼ 104% |
| Operating profit (loss)9901 | €-1k | €-2k | €-3k | ▼ 87.2% |
| Financial income75/76B | €3k | €2k | €2k | ▲ 24.7% |
| Recurring financial income75 | €3k | €2k | €2k | ▲ 24.7% |
| Financial charges65/66B | €2k | €3k | €4k | ▲ 10.0% |
| Recurring financial charges65 | €2k | €3k | €4k | ▲ 10.0% |
| Profit (loss) for the period before taxes9903 | €-744 | €-3k | €-4k | ▼ 41.2% |
| Profit (loss) for the period9904 | €-744 | €-3k | €-4k | ▼ 41.2% |
| Profit (loss) for the period to be appropriated9905 | €-744 | €-3k | €-4k | ▼ 41.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €88k | €89k | €94k | ▲ 5.5% |
| Current assets29/58 | €88k | €89k | €94k | ▲ 5.5% |
| Stocks and contracts in progress3 | €60k | €60k | €60k | = |
| Stocks30/36 | €60k | €60k | €60k | = |
| Amounts receivable within one year40/41 | €27k | €29k | €34k | ▲ 16.3% |
| Other amounts receivable41 | €27k | €29k | €34k | ▲ 16.3% |
| Cash at bank and in hand54/58 | €2k | €84 | €235 | ▲ 179% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €88k | €89k | €94k | ▲ 5.5% |
| Equity10/15 | €49k | €46k | €42k | ▼ 9.6% |
| Contributions10/11 | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €-744 | €-4k | €-8k | ▼ 114% |
| Amounts payable17/49 | €39k | €43k | €52k | ▲ 21.8% |
| Amounts payable within one year42/48 | €39k | €43k | €52k | ▲ 21.8% |
| Trade debts44 | €121 | €0 | €3k | - |
| Suppliers440/4 | €121 | €0 | €3k | - |
| Other amounts payable47/48 | €38k | €43k | €49k | ▲ 15.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-744 | €-3k | €-4k | ▼ 41.2% |
| Operating cash flow (approximation) | €-744 | €-3k | €-4k | ▼ 41.2% |
| Change in cash | - | €-2k | €151 | ▲ 110% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
State Gazette act
Resignations: A&M REAL ESTATE (director) and MYLECKE (director)Appointment: VH Consult (sole director) · Permanent representatives: CLAESSENS Filip, DANNEELS Hendrik and VAN HERREWEGHE Julie Annie Amelie · Name change15 facts ▸
State Gazette act
Resignations: A&M REAL ESTATE (director) and MYLECKE (director)
Appointment: VH Consult (sole director) · Permanent representatives: CLAESSENS Filip, DANNEELS Hendrik and VAN HERREWEGHE Julie Annie Amelie · Name change15 facts ▸
- General meeting, 22 juli 2026
- General meeting, 5 mei 2026
- Name change, Powershell
- Registered-office move, 2220 Heist-op-den-Berg, Industriepark 36A
- Purpose change, Uitbreiding van het voorwerp door toevoeging van de hierna volgende activiteiten... - De ontwikkeling van datacenters. - De uitvoering van energieprojecten in d…
- Statutes amendment
- Statutes amendment
- Director resignation, A&M REAL ESTATE (director)
- Director resignation, MYLECKE (director)
- Director discharge, A&M REAL ESTATE
- Director discharge, MYLECKE
- Director appointment, VH Consult (sole director)
- +3 further facts in this act
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
31-03
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
VH Consult
CurrentSole director · since 05-05-2026 · Private limited company · perm. rep.: VAN HERREWEGHE Julie Annie Amelie
05-05-2026
VH Consult: Appointed as Sole director
05-05-2026
MYLECKE: Resigned as Director
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 2021
Ground area
2.0 ha
Building footprint
8,438 m²
Volume, LiDAR
58,712 m³
2 parcels, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
Verviers Construct
since 20212.326.624.380
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K0468/00P000 | Flanders | 1.3 ha | 1 · 6,929 m² | 9.4 m · 3 fl. |
| 44064B0246/00F000 | Flanders | 7,043 m² | 1 · 1,509 m² | 13.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Purpose
De vennootschap heeft tot voorwerp, zowel voor eigen rekening als voor rekening van derden, zowel in België als in het buitenland: 1. Specifieke activiteiten: 1. Alle immobiliaire…
Full purpose
De vennootschap heeft tot voorwerp, zowel voor eigen rekening als voor rekening van derden, zowel in België als in het buitenland: 1. Specifieke activiteiten: 1. Alle immobiliaire operaties... 2. De aannemingen en de uitvoering van alle openbare en private bouwwerken... 3. De coördinatie, de opvolging en het beheer van activiteiten en projecten... - De ontwikkeling van datacenters. - De uitvoering van energieprojecten in de meest ruime zin. 2. Algemene activiteiten... 3. Beheer van een eigen roerend en onroerend vermogen... 4. - Bijzondere bepalingen...
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared corporate director
→
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 3,136 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-10-2021
Fiscal year end31-03
Legal name NL
Verviers Construct
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.