Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Blitz Power from Beveren-Kruibeke-Zwijndrecht, company number BE0768661454, closed financial year 2025 with a result of € -265,754 after tax. For that financial year Blitz Power recorded revenue of € 2.2 million and equity of € 160,700. Compared with financial year 2024, the result moved from € 19,899 to € -265,754. The company made a loss. The buffer shrank hard: equity is 62 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 11, 2026.
€ 160,700
▼ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -265,754
▼ still € 19,899 profit in 2024
Profit after tax over the fiscal year.
€ 1
▼ € 6,766 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -860,300.
People and assets in 2025
11.9
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 725,284
▲ 8% vs 2024
€ 60,900 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.
€ 647
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 16% vs 2024
€ 41,936 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.
€ 248,245
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 170,370
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 756,162 | € 1,318,876 | € 2,001,748 | € 2,186,791 | ▲ 9% |
| Profit after taxes | € -338,824 | € -275,621 | € 19,899 | € -265,754 | ▼ € 285,653 |
| Equity | € -248,824 | € 406,555 | € 426,454 | € 160,700 | ▼ 62% |
| Total debts | € 1,850,230 | € 1,444,995 | € 1,419,431 | € 1,624,990 | ▲ 14% |
| Cash | € 120,201 | € 80,187 | € 6,767 | € 1 | ▼ € 6,766 |
| Land & buildings | € 2,473 | € 1,766 | € 1,059 | € 352 | ▼ 67% |
| Retained profit | € -338,824 | € -614,445 | € -594,546 | € -860,300 | ▼ € 265,754 |
| Bank debt | € 1,531,000 | € 1,035,633 | € 1,034,359 | € 1,202,734 | ▲ 16% |
| Balance sheet total | € 1,601,405 | € 1,851,550 | € 1,845,885 | € 1,785,690 | ▼ 3% |
| Employees (FTE) | 5.8 | 9.8 | 11.1 | 11.9 | ▲ 0.8 |
Key figures of Blitz Power, 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 Blitz Power?
What happened at Blitz Power in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 265,754 (▼ € 285,653 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Alexander Hertsens became a director. NBB
- Filip Hertsens became a director. NBB
In short
From € 338,824 loss in 2022 to € 265,754 loss in 2025.
Paid € 3,643 in corporate taxes since 2022.
Best year ever: 2024, with € 19,899 profit.
Pays suppliers within 55 days on average.
A new publication or filing at Blitz Power? We notify you, reason included.
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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 WALDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Blitz PowerBehind Blitz Power are Alexander Hertsens and Filip Hertsens. The shares are held by WALDING (91.2%).
Directors
According to the 2025 annual accounts
Alexander Hertsens
Director
since 2021
Filip Hertsens
Director
since 2021
Shareholders
91.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heirbaan 395
9150 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →CHARBEL
€ 640,536 gross margin · 2025
Hertsens West
€ 3.7 million gross margin · 2025
WALDING same network
€ 1.6 million revenue · 2025
Hertsens
€ 25.5 million revenue · 2025
Hertsens Beheer
€ 855,198 gross margin · 2025
+1 more
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
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
blitzpower.com
Registered
2009-09-20
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-09-20
Website info
Features
Security
Details
- Company number
- 0768.661.454
- VAT number
- BE 0768.661.454
- Registered office
- Heirbaan 395, 9150 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- Blitz Power
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 May 2021
- Peppol
- Active · Active since 17 Feb 2026
- Contact
- blitzpower.com [email protected]
- Activities · NACE
Vervaardiging van elektromotoren en van elektrische generatoren en transformatoren
Groothandel in elektrisch materiaal, inclusief installatiemateriaal