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Power2Citizens

Active
Public limited company·Productie van elektriciteit uit niet-hernieuwbare bronnen· 3 yrs active
Koning Albert II-laan 7 ·1210 Sint-Joost-ten-Node, Belgium
KBO/BCE: BE 0794.548.081
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Age3 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Power2Citizens is 0.9% (low). The 2025 annual accounts show equity of €3.59M and a net result of €61k. Equity is growing by ~3299.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 30 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

1 signal · with evidence
Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.9% Low
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Lower-failure-rate sector

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€61k
Working capital€1.82M+4057.4%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 01-06-2026 with the NBB · fiscal year 2025 · volledig
€-50k€0€50k€100kOperating result 2023: €-8k€-8kNet result 2023: €-8k€-8kOperating result 2024: €-8k€-8kNet result 2024: €-9k€-9kOperating result 2025: €115k€115kNet result 2025: €61k€61k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~3299.2%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€2.50M€5.00M€7.50M€10.00M2026: €5.36M (€5.07M - €5.65M)2027: €7.13M (€6.84M - €7.42M)2028: €8.90M (€8.61M - €9.19M)2023: €54k2024: €45k2025: €3.59M202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 35 · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 46.7% 26.1%
better than 74% of 30 sector peers
Equity €3.59M €6.03M
better than 46% of 30 sector peers
Total assets €7.69M €26.24M
better than 38% of 30 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P74
2023: P90 · n=732024: P90 · n=892025: P74 · n=302023 2025
Weakening position over 2023-2025 · n=30-89
Equity P46
2023: P32 · n=732024: P35 · n=892025: P46 · n=302023 2025
Improving position over 2023-2025 · n=30-89
Total assets P38
2023: P8 · n=732024: P6 · n=892025: P38 · n=302023 2025
Improving position over 2023-2025 · n=30-89
Describes the position versus peers, not a forecast.
EBITDA
€177k
- far above sector median
Net profit
€61k
- far above sector median
Cash flow
€123k
- far above sector median
Total assets
€7.69M
+14724.2% far above sector median
Equity
€3.59M
+7960.9% far above sector median
Working capital
€1.82M
+4057.4% far above sector median
Debt
€4.10M
+55913.2% far above sector median
Debt ≤ 1y
€65k
+795.6% +104% vs sector
Debt > 1y
€3.94M
- 23-25
Current ratio
28.77
+312.1% far above sector median
Quick ratio
28.77
+312.1% far above sector median
Solvency
46.7%
-45.6% +24% vs sector
Debt / equity
1.14
+594.9% -55% vs sector
ROE
1.7%
- far above sector median
ROA
0.8%
- far above sector median
Interest coverage
3.26
- -70% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€177k
Net profit€61k
Cash flow€123k
Staff costs-
Income taxes-
Dividends-
Total assets€7.69M
Equity€3.59M
Debt€4.10M
of which ≤ 1y€65k
of which > 1y€3.94M
Working capital€1.82M
Employees (FTE)-
Ratios (computed)
2025
Current ratio28.77
Quick ratio28.77
Working capital ratio23.6%
Solvency46.7%
Debt / equity1.14
Long-term debt ratio1.10
Interest coverage3.26
Gross margin-
Net margin-
ROA0.8%
ROE1.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€7.69M
Fixed assets 21/28€5.81M
Formation expenses 20€554
Tangible fixed assets 22/27€5.81M
Current assets 29/58€1.88M
Amounts receivable within one year 40/41€199k
Cash & bank 54/58€1.67M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€7.69M
Equity 10/15€3.59M
Contributions / capital 10/11€3.55M
Reserves 13€2k
Accumulated profits (losses) 14€42k
Provisions & deferred taxes 16€2k
Amounts payable 17/49€4.10M
Amounts payable after one year 17€3.94M
Amounts payable within one year 42/48€65k
Trade debts payable within one year 44€58k
Income statement
Gross operating margin 9900€179k
Operating result 9901€115k
Financial income 75€0
Financial charges 65€54k
Result before taxes 9903€61k
Net result for the period 9904€61k
Result to be appropriated 9905€61k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
87 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
Power2Citizens
Koning Albert II-laan 7, 1210 Sint-Joost-ten-NodeProductie van elektriciteit uit niet-hernieuwbare bronnen
since 20222.390.281.819
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,230 m²
Buildings1
Building footprint2,026 m²
Volume (LiDAR)54,470 m³
Tallest building36.2 m · ±10 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21014A0004/00Y018 Brussels 2,230 m² 1 · 2,026 m² 36.2 m · 10 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
Capital history · 1
22-07-2025
Capital change
All acts · 1 updated 1 year ago
2025
22-07-2025 Capital increase of €3,486,525 to €3,548,025 Capital & shares·Peter VAN MELKEBEKE
  • €61.500 → €3.548.025
Notary: Peter VAN MELKEBEKE · BruxellesFirm: BERQUIN NOTAIRES

Analysis

Snowflake analysis

financial profile on 5 axes
Health87Profitability9Solvency92Growth78Stability94
72 / 100

Strong profile, led by stability.

Health 87
Profitability 9
Solvency 92
Growth 78
Stability 94

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AI due-diligence brief

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Productie van elektriciteit35110Productie van elektriciteit uit niet-hernieuwbare bronnen35110Productie van elektriciteit uit hernieuwbare bronnen35120
Primary activity highlighted.
Names & trade names
Legal nameFR Power2Citizens
Registered office
Koning Albert II-laan 7
1210 Sint-Joost-ten-Node, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.