Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
POWER TOOLS DISTRIBUTION from Bilzen-Hoeselt, company number BE0443676020, closed financial year 2025 with a result of € 3 million after tax. For that financial year POWER TOOLS DISTRIBUTION recorded revenue of € 1.1 billion and equity of € 35.5 million. Compared with financial year 2022, the result moved from € 1.3 million to € 3 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 13, 2026.
€ 35.5 million
▲ 43% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3 million
▲ 136% vs 2022
Profit after tax over the fiscal year.
€ 7,372
▼ 95% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 23.5 million.
People and assets in 2025
253.5
▲ 14.3 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 19.5 million
▲ 28% vs 2022
€ 76,800 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.
€ 371,989
▼ 10% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 62.6 million
▲ 24% vs 2022
Loans from banks and other lenders, long and short.
€ 98.8 million
▼ 36% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 2.7 million
▲ 25% vs 2022
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2025 | Change 2022 → 2025 | |
|---|---|---|---|---|
| Revenue | € 866,659,589 | € 1,012,537,496 | € 1,050,627,237 | ▲ 4% |
| Profit after taxes | € 844,214 | € 1,252,036 | € 2,953,351 | ▲ 136% |
| Equity | € 23,494,453 | € 24,744,803 | € 35,493,322 | ▲ 43% |
| Total debts | € 174,638,331 | € 209,768,698 | € 164,664,711 | ▼ 22% |
| Cash | € 187,845 | € 160,888 | € 7,372 | ▼ 95% |
| Land & buildings | € 9,043,790 | € 8,818,846 | € 6,842,563 | ▼ 22% |
| Retained profit | € 11,457,028 | € 12,709,064 | € 23,459,270 | ▲ 85% |
| Bank debt | € 29,721,425 | € 50,674,353 | € 62,600,912 | ▲ 24% |
| Balance sheet total | € 198,487,258 | € 234,906,413 | € 200,735,569 | ▼ 15% |
| Employees (FTE) | 216.1 | 239.2 | 253.5 | ▲ 14.3 |
Key figures of POWER TOOLS DISTRIBUTION, fiscal years 2021 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 TOOLS DISTRIBUTION?
What happened at POWER TOOLS DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Handan Sahin Koças stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3 million (▲ 136% vs 2022). Source: NBB ↗
- Jeroen Meeusen stepped down as director. NBB
- Alex Bongaerts stepped down as director. NBB
- Handan Sahin Koças became a director. NBB
- Jeroen Meeusen became a director. NBB
- Alex Bongaerts became a director. NBB
- New establishment in Bilzen-Hoeselt. KBO
In short
From € 844,214 profit in 2021 to € 3 million profit in 2025.
Paid € 2.1 million in corporate taxes since 2021.
Best year ever: 2025, with € 3 million profit.
Pays suppliers within 36 days on average.
Management
The shares are held by Atlas Copco Airpower nv (100%).
Directors
According to the 2025 annual accounts
Jeroen Meeusen
Managing director
since 2024 · until 2026
Alex Bongaerts
Chairman of the board
since 2020 · until 2026
Handan Sahin Koças
Chairman of the board
since 2026 · until 2032
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 40
3730 Bilzen-Hoeselt
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.
Details
- Company number
- 0443.676.020
- VAT number
- BE 0443.676.020
- Registered office
- Industrielaan 40, 3730 Bilzen-Hoeselt
- Names & denominations
- POWER TOOLS DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1991
- Peppol
- Active · Active since 24 Jun 2025
- Activities · NACE
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