Financials
Financial year 2024
MyPower from Mouscron, company number BE0742589438, closed financial year 2024 with a result of € 518,442 after tax. For that financial year MyPower recorded revenue of € 3.3 million and equity of € 601,011. Compared with financial year 2023, the result moved from € 49,055 to € 518,442. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2025.
€ 601,011
▲ € 518,442 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 518,442
▲ € 469,386 vs 2023
Profit after tax over the fiscal year.
€ 177,803
▼ 11% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 501,011.
People and assets in 2024
€ 3.7 million
▼ 8% vs 2023
Of which on lease € 3.7 million.
Debts at end 2024
€ 3.3 million
▼ 14% vs 2023
€ 889,812 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2.4 million
▲ 217% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 365 days on average.
€ 238,502
▲ 158% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,792,867 | € 6,211,069 | € 4,554,754 | € 3,258,902 | ▼ 28% |
| Profit after taxes | € 159,964 | € -76,450 | € 49,055 | € 518,442 | ▲ € 469,386 |
| Equity | € 109,964 | € 33,514 | € 82,569 | € 601,011 | ▲ € 518,442 |
| Total debts | € 7,596,546 | € 7,046,019 | € 5,252,338 | € 5,980,405 | ▲ 14% |
| Cash | € 176,471 | € 106,474 | € 200,885 | € 177,803 | ▼ 11% |
| Land & buildings | € 128,851 | € 118,909 | € 118,853 | € 107,869 | ▼ 9% |
| Retained profit | € 9,964 | € -66,486 | € -17,431 | € 501,011 | ▲ € 518,442 |
| Dividend | € 150,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 4,850,304 | € 4,433,364 | € 3,887,618 | € 3,336,532 | ▼ 14% |
| Balance sheet total | € 7,763,537 | € 7,149,045 | € 5,404,419 | € 6,581,417 | ▲ 22% |
Key figures of MyPower, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MyPower?
What happened at MyPower in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gert Masselus stepped down as director. NBB
- Jan Clarebout stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 518,442 (▲ € 469,386 vs 2023). Source: NBB ↗
- Gert Masselus became a director. NBB
- Jan Clarebout became a director. NBB
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 159,964 profit in 2021 to € 518,442 profit in 2024.
Paid € 184,861 in corporate taxes since 2021.
Best year ever: 2024, with € 518,442 profit.
Paid out € 150,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GRAMYBEL, MYDIBEL FRESH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MyPowerThe shares are held by GRAMYBEL (50%) and MYDIBEL FRESH (50%). It owns 10% of Circios itself.
Directors
According to the 2024 annual accounts
Gert Masselus
Director
since 2023 · until 2029
since 2023 · until 2029
Shareholders
50%
50%
Participations
10%
Establishments
Establishment units
Physical locations of this company
Eurozonelaan 1
7700 Mouscron
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
- 0742.589.438
- VAT number
- BE 0742.589.438
- Registered office
- Eurozonelaan 1, 7700 Mouscron
- Names & denominations
- MyPower
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 2020
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit
Productie en distributie van stoom en gekoelde lucht