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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
BELPOWER INTERNATIONAL from Ukkel, company number BE0806140571, closed financial year 2025 with a result of € 79,101 after tax. For that financial year BELPOWER INTERNATIONAL recorded a gross margin of € 5,998 and equity of € -7.5 million. Compared with financial year 2024, the result moved from € 21,940 to € 79,101. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ -7.5 million
▲ € 79,101 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,101
▲ 261% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -8.1 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6.9 million
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -72,910 | € -44,727 | € -35,180 | € 5,998 | ▲ € 41,178 |
| Profit after taxes | € -434,336 | € 35,750 | € 21,940 | € 79,101 | ▲ 261% |
| Equity | € -7,614,519 | € -7,578,769 | € -7,556,829 | € -7,477,728 | ▲ € 79,101 |
| Total debts | € 8,384,277 | € 8,389,859 | € 8,387,222 | € 8,325,027 | ▼ 1% |
| Cash | € 1,025,775 | € 1,058,467 | € 1,100,981 | € 1,120,958 | ▲ 2% |
| Retained profit | € -8,278,763 | € -8,243,013 | € -8,221,073 | € -8,141,972 | ▲ € 79,101 |
| Balance sheet total | € 1,115,258 | € 1,156,589 | € 1,175,893 | € 1,192,799 | ▲ 1% |
Key figures of BELPOWER INTERNATIONAL, 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 BELPOWER INTERNATIONAL?
What happened at BELPOWER INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BELPOWER INTERNATIONAL is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: profit of € 79,101 (▲ 261% vs 2024). filed late Source: NBB ↗
- Nicolas Van der Borght became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Brussel. KBO
In short
From € 434,336 loss in 2022 to € 79,101 profit in 2025.
Best year ever: 2025, with € 79,101 profit.
Management
The stake of REIBEL, INTERNATIONAL PROCUREMENTS SERVICES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELPOWER INTERNATIONALBehind BELPOWER INTERNATIONAL is Nicolas Van der Borght. The shares are held by REIBEL (100%) and INTERNATIONAL PROCUREMENTS SERVICES (0.1%).
Directors
According to the 2025 annual accounts
Nicolas Van der Borght
Liquidator
Also active at: MIRAMAR, TRAFF-X, Maison Médicale Auderghem, DUPLAT MANAGEMENT, DUPLAT HOLDING, JOS DENTAL
since 2018
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Frélaan 229
1180 Ukkel
Vilvoordsesteenweg 11
1120 Brussel
Active since 1 September 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →Electricité du Bâtiment et de l'Industrie E.B.I.
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€ 3.9 million gross margin · 2025
MEGANCK INVESTISSEMENT GESTION
€ 128,171 gross margin · 2025
MDO FIDUCIAIRE
€ 60,575 gross margin · 2025
TRAITEUR T.L.
+19 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0806.140.571
- VAT number
- BE 0806.140.571
- Registered office
- De Frélaan 229, 1180 Ukkel
- Names & denominations
- BELPOWER INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 4 September 2008
- Peppol
- Active · Active since 22 Oct 2026
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit