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Future Power

Open bankruptcy
Private limited companyfounded 2023KBO/BCE: BE 0802.870.582

A bankruptcy procedure is open for Future Power according to publications in the Belgian State Gazette; curator: FREDERIEKE CLOET.

Summary

The 2024 annual accounts show negative equity (€-3k) and a net result of €-7k.

Future PowerOpen bankruptcy

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-06-2025, 39 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
39 d early
← 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

Financials · fiscal year 2024, micro schema

Equity
€-3k
Total assets
€36k
Net result
€-7k
Working capital
€-3k

Turnover and EBIT margin not published: the micro schema does not require them.

Key figures and ratios
2024 value
EBITDA
€-6k
Cash flow
€-6k
Solvency
-8.9%
Current ratio
0.92
Debt to equity
-12.25
ROA
-20.1%
Interest coverage
-29.68
Debt
€39k
Debt ≤ 1 year
€39k
Staff costs
€4k
Filed annual accounts As filed with the NBB · 2024 · 30 lines
Balance sheet Code2024
Assets
Total assets20/58€36k
Current assets29/58€36k
Amounts receivable within one year40/41€36k
Trade receivables40€34k
Other amounts receivable41€1k
Cash at bank and in hand54/58€74
Equity and liabilities
Total equity and liabilities10/49€36k
Equity10/15€-3k
Contributions10/11€4k
Profit (loss) carried forward14€-7k
Amounts payable17/49€39k
Amounts payable within one year42/48€39k
Trade debts44€36k
Suppliers440/4€36k
Taxes, remuneration and social security45€2k
Taxes450/3€2k
Other amounts payable47/48€57
Income statement Code2024
Remuneration, social security and pensions62€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Other operating charges640/8€2k
Gross operating margin9900€445
Operating profit (loss)9901€-7k
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€199
Recurring financial charges65€199
Profit (loss) for the period before taxes9903€-7k
Profit (loss) for the period9904€-7k
Profit (loss) for the period to be appropriated9905€-7k
Appropriation of the result
Profit (loss) to be appropriated9906€-7k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2024
Remuneration, social security and pensions62€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Other operating charges640/8€2k
Gross operating margin9900€445
Operating profit (loss)9901€-7k
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€199
Recurring financial charges65€199
Profit (loss) for the period before taxes9903€-7k
Profit (loss) for the period9904€-7k
Profit (loss) for the period to be appropriated9905€-7k
Line2024
Assets
Total assets20/58€36k
Current assets29/58€36k
Amounts receivable within one year40/41€36k
Trade receivables40€34k
Other amounts receivable41€1k
Cash at bank and in hand54/58€74
Equity and liabilities
Total equity and liabilities10/49€36k
Equity10/15€-3k
Contributions10/11€4k
Profit (loss) carried forward14€-7k
Amounts payable17/49€39k
Amounts payable within one year42/48€39k
Trade debts44€36k
Suppliers440/4€36k
Taxes, remuneration and social security45€2k
Taxes450/3€2k
Other amounts payable47/48€57
Line2024
Profit (loss) for the period9904€-7k
+ Depreciation and write-downs630€1k
Operating cash flow (approximation)€-6k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 23-09-2025
22-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,619 m²
Building footprint
1,590 m²
Volume, LiDAR
9,034 m³
Parcel 44807G0728/02L013, Flanders · tallest building 18.6 m, ±1 floor. Linked by address, not a title deed.
129 companies at this address See who is registered here
1 establishment unit
Future Power
Manufacture of electrical equipment
since 20232.346.493.247
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44807G0728/02L013 Flanders 1,619 m² 1 · 1,590 m² 18.6 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator FREDERIEKE CLOET
ORANJERIELAAN 17, 9030 MARIA- KERKE (GENT)
23-09-2025 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded19-06-2023
Fiscal year end31-12
Contact
E-mail info@futurepower.be

Scores and ratios are computed by Checked and are not a credit decision.