Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Power Center from Izegem, company number BE0418520554, closed financial year 2025 with a result of € -5,085 after tax. For that financial year Power Center recorded a gross margin of € 609,961 and equity of € 1 million. Compared with financial year 2024, the result moved from € -15,730 to € -5,085. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,085
▲ 68 % less loss than in 2024
Profit after tax over the fiscal year.
€ 132,712
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 945,667.
People and assets in 2025
6.1
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 435,616
▲ 5% vs 2024
€ 71,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 129,132
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 405,680
▼ 5% vs 2024
€ 77,771 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 358,545
Supplier invoices still open on the last day of the fiscal year.
€ 70,814
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 321,193 | € 672,819 | € 559,064 | € 609,961 | ▲ 9% |
| Profit after taxes | € -128,130 | € 127,244 | € -15,730 | € -5,085 | ▲ € 10,645 |
| Equity | € 928,715 | € 1,055,959 | € 1,015,752 | € 1,010,667 | ▼ 1% |
| Total debts | € 1,352,718 | € 1,600,670 | € 1,716,353 | € 1,322,549 | ▼ 23% |
| Cash | € 338,355 | € 298,600 | € 251,769 | € 132,712 | ▼ 47% |
| Land & buildings | € 538,506 | € 498,036 | € 463,278 | € 422,510 | ▼ 9% |
| Retained profit | € 863,715 | € 990,959 | € 950,752 | € 945,667 | ▼ 1% |
| Dividend | € 0 | € 0 | € 24,477 | € 0 | ▼ 100% |
| Bank debt | € 431,812 | € 445,380 | € 427,016 | € 405,680 | ▼ 5% |
| Balance sheet total | € 2,366,069 | € 2,732,552 | € 2,799,399 | € 2,391,943 | ▼ 15% |
| Employees (FTE) | 5.7 | 4.9 | 6 | 6.1 | ▲ 0.1 |
Key figures of Power Center, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Power Center?
What happened at Power Center in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christine Verhaeghe stepped down as director. NBB
- Johan Callebert stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 5,085. Source: NBB ↗
- Christine Verhaeghe became a director. NBB
- Johan Callebert became a director. NBB
- New establishment in Izegem. KBO
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 128,130 loss in 2022 to € 5,085 loss in 2025.
Paid € 45,150 in corporate taxes since 2022.
Best year ever: 2023, with € 127,244 profit.
On average € 100,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Christine Verhaeghe
Director
since 2025 · until 2030
Johan Callebert
Managing director
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Noordkaai 30
8870 Izegem
Ambachtenstraat 32
8870 Izegem
Active since 13 October 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Network
Details
- Company number
- 0418.520.554
- VAT number
- BE 0418.520.554
- Registered office
- Noordkaai 30, 8870 Izegem
- Names & denominations
- Power Center
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 1978
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- powerboatscenter.be +3251308112
- Activities · NACE
Bouw en reparatie van plezier- en sportvaartuigen
Reparatie en onderhoud van civiele schepen
Bouw en reparatie van schepen
Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen
Groothandel in aanhangwagens, opleggers en caravans
Opslag
Detailhandel in overige sportartikelen
Gespecialiseerde detailhandel in sport- en kampeerartikelen
+5