POWERSERVICE
ActiveSummary
POWERSERVICE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €567k and a net result of €18k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 2280 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-5
Solvency88▼-10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.89 against 10.27 in 2023; short-term debt: 6.9% and cash: 30.6% of total assets), and 37.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
5 d late
2022
31 d late
2021
1 d early
2020
3 d early
2019
59 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€567k▼ 7.9%
2023 · €615k
2018: €411k
2019: €449k
2020: €493k
2021: €532k
2022: €567k
2023: €615k
2018 → 2024
Total assets
€903k▲ 6.9%
2023 · €844k
2018: €505k
2019: €602k
2020: €694k
2021: €750k
2022: €676k
2023: €844k
2018 → 2024
Net result
€18k▼ 63.6%
2023 · €48k
2018: €38k
2019: €39k
2020: €44k
2021: €39k
2022: €35k
2023: €48k
2018 → 2024
Working capital
€242k▼ 16.3%
2023 · €289k
2018: €288k
2019: €322k
2020: €166k
2021: €203k
2022: €240k
2023: €289k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€493k-€532k▲ 7.8%€567k▲ 6.6%€615k▲ 8.5%€567k▼ 7.9%
Operating result€64k-€56k▼ 11.9%€54k▼ 4.6%€73k▲ 36.4%€42k▼ 42.8%
Net result€44k-€39k▼ 12.1%€35k▼ 9.6%€48k▲ 38.7%€18k▼ 63.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 43% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €903k
Fixed assets
€599k ▲ 14.3%
Current assets
€304k ▼ 5.0%
Equity and liabilities €903k
Equity
€567k ▼ 7.9%
Debt
€336k ▲ 46.7%
Debt's share of the balance-sheet total rises from 27.2% to 37.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€43k▼
2023 · €79k
Cash flow
€19k▼
2023 · €54k
Current ratio
4.89▼
2023 · 10.27
Debt to equity
0.59▲
2023 · 0.37
ROE
3.1%▼
2023 · 7.9%
ROA
2.0%▼
2023 · 5.7%
Interest coverage
179.27▲
2023 · 145.04
Debt ≤ 1 year
€62k▲
2023 · €31k
Income taxes
€24k▼
2023 · €24k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€844k€903k▲
Fixed assets21/28€524k€599k▲
Tangible fixed assets22/27€11k€10k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€7k€7k=
Financial fixed assets28€513k€589k▲
Current assets29/58€320k€304k▼
Amounts receivable within one year40/41€73k€23k▼
Trade receivables40€69k€8k▼
Other amounts receivable41€4k€15k▲
Cash at bank and in hand54/58€243k€277k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€844k€903k▲
Equity10/15€615k€567k▼
Contributions10/11€19k€19k=
Reserves13€596k€548k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€6k€6k=
Distributable reserves133€589k€540k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€229k€336k▲
Amounts payable within one year42/48€31k€62k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€375€0▼
Suppliers440/4€375€0▼
Taxes, remuneration and social security45€13k€12k▼
Taxes450/3€13k€12k▼
Other amounts payable47/48€17k€51k▲
Accrued charges and deferred income492/3€198k€274k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€1k▼
Other operating charges640/8€1k€45k▲
Gross operating margin9900€80k€88k▲
Operating profit (loss)9901€73k€42k▼
Financial income75/76B€20€53▲
Recurring financial income75€20€53▲
Financial charges65/66B€542€240▼
Recurring financial charges65€542€240▼
Profit (loss) for the period before taxes9903€73k€42k▼
Income taxes67/77€24k€24k▼
Profit (loss) for the period9904€48k€18k▼
Profit (loss) for the period to be appropriated9905€48k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€18k▼
Transfer from equity791/2-€66k
Transfer to equity691/2€48k€18k▼
To other reserves6921€48k€18k▼
Profit to be distributed694/7-€66k
Return on contributions (dividend)694-€66k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €18k ▼63.6%
Net result drops to €18k, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial
Highest result since 2018net €48k ▲38.7%
Operating result €73k, net result €48k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500kEq €532k ▲7.8%
4 profitable years in a row build equity to €532k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Stekene · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koebrugstraat(KLS) 909190 StekeneGround area
803 m²
Building footprint
126 m²
Volume, LiDAR
919 m³
Parcel 46324E0550/00B000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Koebrugstraat(KLS) 90, 9190 Stekene
since 19942.066.634.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46324E0550/00B000 | Flanders | 803 m² | 1 · 126 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
96760064ZX4QT9CGMR90
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APERIS
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DAHR
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Of 2,725 companies in sector 63100 we hold annual accounts for 1,271. 802 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-04-1994
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.