POWERTECH GROUP
ActiveSummary
The computed 12-month bankruptcy probability of POWERTECH GROUP is 5.4% (elevated). The 2025 annual accounts show equity of €52k and a net result of €-6k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 27965 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-31
Solvency94▼-1
Growth52=
Track record92
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity ample (current ratio 3.26 against 3.31 in 2024; short-term debt: 30.7% and cash: 35.6% of total assets), and 30.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
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
69.3%
Return on assets
-8.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-03-2026, 128 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
128 d early
2024
45 d early
2023
271 d late
2022
119 d early
2021
31 d early
2020
54 d early
2019
31 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k▼ 10.8%
2024 · €58k
2018: €12k
2019: €30k▲ +144% vs 2018
2020: €3k▼ -88.5% vs 2019lowest in 8 years
2021: €36k▲ +945% vs 2020
2022: €44k▲ +21.9% vs 2021
2023: €54k▲ +23.1% vs 2022
2024: €58k▲ +6.3% vs 2023highest in 8 years
2025: €52k▼ -10.8% vs 2024
2018 → 2025
Total assets
€75k▼ 10.2%
2024 · €83k
2018: €284khighest in 8 years
2019: €112k▼ -60.4% vs 2018
2020: €20k▼ -81.8% vs 2019lowest in 8 years
2021: €48k▲ +137% vs 2020
2022: €58k▲ +20.0% vs 2021
2023: €83k▲ +43.4% vs 2022
2024: €83k▼ -0.3% vs 2023
2025: €75k▼ -10.2% vs 2024
2018 → 2025
Net result
€-6k
2024 · €3k
2018: €26k
2019: €18k▼ -30.8% vs 2018
2020: €-27k▼ -250% vs 2019lowest in 8 years
2021: €33k▲ +223% vs 2020highest in 8 years
2022: €8k▼ -75.8% vs 2021
2023: €10k▲ +28.9% vs 2022
2024: €3k▼ -66.4% vs 2023
2025: €-6k▼ -282% vs 2024
2018 → 2025
Working capital
€52k▼ 10.8%
2024 · €58k
2018: €12k
2019: €30k▲ +144% vs 2018
2020: €3k▼ -88.5% vs 2019lowest in 8 years
2021: €36k▲ +945% vs 2020
2022: €44k▲ +21.9% vs 2021
2023: €54k▲ +23.1% vs 2022
2024: €58k▲ +6.3% vs 2023highest in 8 years
2025: €52k▼ -10.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€44k▲ 21.9%€54k▲ 23.1%€58k▲ 6.3%€52k▼ 10.8%
2021: €36klowest in 5 years
2022: €44k▲ +21.9% vs 2021
2023: €54k▲ +23.1% vs 2022
2024: €58k▲ +6.3% vs 2023highest in 5 years
2025: €52k▼ -10.8% vs 2024
Operating result€40k-€2k▼ 94.6%€13k▲ 497%€3k▼ 79.8%€-7k
2021: €40khighest in 5 years
2022: €2k▼ -94.6% vs 2021
2023: €13k▲ +497% vs 2022
2024: €3k▼ -79.8% vs 2023
2025: €-7k▼ -375% vs 2024lowest in 5 years
Net result€33k-€8k▼ 75.8%€10k▲ 28.9%€3k▼ 66.4%€-6k
2021: €33khighest in 5 years
2022: €8k▼ -75.8% vs 2021
2023: €10k▲ +28.9% vs 2022
2024: €3k▼ -66.4% vs 2023
2025: €-6k▼ -282% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €75k
Equity
€52k ▼ 10.8%
Debt
€23k ▼ 8.8%
Debt's share of the balance-sheet total rises from 30.2% to 30.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
3.26▼
2024 · 3.31
Debt to equity
0.44▲
2024 · 0.43
ROE
-12.1%▼
2024 · 5.9%
ROA
-8.4%▼
2024 · 4.1%
Debt ≤ 1 year
€23k▼
2024 · €25k
Income taxes
€509▼
2024 · €1k
Staff costs
€33k▲
2024 · €4k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€83k€75k▼
Current assets29/58€83k€75k▼
Amounts receivable within one year40/41€82k€48k▼
Trade receivables40€38k€27k▼
Other amounts receivable41€45k€21k▼
Cash at bank and in hand54/58€745€27k▲
Equity and liabilities
Total equity and liabilities10/49€83k€75k▼
Equity10/15€58k€52k▼
Contributions10/11€12k€12k=
Outside capital11€12k-
Other1109/19€12k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€44k€37k▼
Amounts payable17/49€25k€23k▼
Amounts payable within one year42/48€25k€23k▼
Financial debts43€750-
Credit institutions430/8€750-
Trade debts44€12k€2k▼
Suppliers440/4€12k€2k▼
Taxes, remuneration and social security45€12k€21k▲
Taxes450/3€12k€631▼
Remuneration and social security454/9-€20k
Income statement
Code20242025
Remuneration, social security and pensions62€4k€33k▲
Gross operating margin9900€6k€26k▲
Operating profit (loss)9901€3k€-7k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€564€395▼
Recurring financial charges65€564€395▼
Profit (loss) for the period before taxes9903€5k€-6k▼
Income taxes67/77€1k€509▼
Profit (loss) for the period9904€3k€-6k▼
Profit (loss) for the period to be appropriated9905€3k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€37k▼
Profit (loss) brought forward from the previous period14P€40k€44k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €22k | €24k | €25k | €4k | €33k | ▲ 775% |
| Other operating charges640/8 | €707 | €610 | €3k | - | - | - |
| Gross operating margin9900 | €62k | €27k | €41k | €6k | €26k | ▲ 307% |
| Operating profit (loss)9901 | €40k | €2k | €13k | €3k | €-7k | ▼ 375% |
| Financial income75/76B | €2k | €3k | €3k | €3k | €2k | ▼ 34.3% |
| Recurring financial income75 | €2k | €3k | €3k | €3k | €2k | ▼ 34.3% |
| Financial charges65/66B | €103 | €219 | €453 | €564 | €395 | ▼ 30.0% |
| Recurring financial charges65 | €103 | €219 | €453 | €564 | €395 | ▼ 30.0% |
| Profit (loss) for the period before taxes9903 | €41k | €5k | €16k | €5k | €-6k | ▼ 222% |
| Income taxes67/77 | €8k | €-3k | €5k | €1k | €509 | ▼ 60.4% |
| Profit (loss) for the period9904 | €33k | €8k | €10k | €3k | €-6k | ▼ 282% |
| Profit (loss) for the period to be appropriated9905 | €33k | €8k | €10k | €3k | €-6k | ▼ 282% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48k | €58k | €83k | €83k | €75k | ▼ 10.2% |
| Current assets29/58 | €48k | €58k | €83k | €83k | €75k | ▼ 10.2% |
| Amounts receivable within one year40/41 | €41k | €55k | €82k | €82k | €48k | ▼ 41.7% |
| Trade receivables40 | - | - | €38k | €38k | €27k | ▼ 29.3% |
| Other amounts receivable41 | €41k | €55k | €45k | €45k | €21k | ▼ 52.0% |
| Cash at bank and in hand54/58 | €7k | €3k | €745 | €745 | €27k | ▲ 3,464% |
| Deferred charges and accrued income490/1 | €218 | €44 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48k | €58k | €83k | €83k | €75k | ▼ 10.2% |
| Equity10/15 | €36k | €44k | €54k | €58k | €52k | ▼ 10.8% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Outside capital11 | €12k | €12k | €12k | €12k | - | - |
| Other1109/19 | €12k | €12k | €12k | €12k | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €22k | €30k | €40k | €44k | €37k | ▼ 14.3% |
| Amounts payable17/49 | €12k | €14k | €29k | €25k | €23k | ▼ 8.8% |
| Amounts payable within one year42/48 | €12k | €14k | €29k | €25k | €23k | ▼ 8.8% |
| Financial debts43 | - | - | €1k | €750 | - | - |
| Credit institutions430/8 | - | - | €1k | €750 | - | - |
| Trade debts44 | €1k | €2k | €6k | €12k | €2k | ▼ 84.2% |
| Suppliers440/4 | €1k | €2k | €6k | €12k | €2k | ▼ 84.2% |
| Taxes, remuneration and social security45 | €11k | €11k | €22k | €12k | €21k | ▲ 74.1% |
| Taxes450/3 | €8k | €5k | €11k | €12k | €631 | ▼ 94.8% |
| Remuneration and social security454/9 | €3k | €6k | €11k | - | €20k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €8k | €10k | €3k | €-6k | ▼ 282% |
| Operating cash flow (approximation) | €33k | €8k | €10k | €3k | €-6k | ▼ 282% |
| Change in cash | - | €-4k | €-2k | €0 | €26k | - |
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
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
28-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 271 days late
17-01
KBO administration
Address struck
2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.00
Current ratio from 1.21 to 4.00; short-term debt falls from €17k to €12k.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Anderlecht · 1 establishment unit since 2013
Ground area
1,377 m²
Building footprint
158 m²
Volume, LiDAR
2,439 m³
Parcel 21305C0336/00H020, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
POWERTECH GROUP
since 20132.223.261.279
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305C0336/00H020 | Brussels | 1,377 m² | 1 · 158 m² | 17.8 m · 5 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.
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Of 1,123 companies in sector 43212 we hold annual accounts for 420. 353 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 (pre-2019)
Founded18-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Scores and ratios are computed by Checked and are not a credit decision.