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 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
POWERGRID from Geel, company number BE0820773616, closed financial year 2025 with a result of € 65,921 after tax. For that financial year POWERGRID recorded a gross margin of € 598,232 and equity of € 607,096. Compared with financial year 2024, the result moved from € -47,444 to € 65,921. 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 July 13, 2026.
€ 607,096
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,921
▲ still € 47,444 loss in 2024
Profit after tax over the fiscal year.
€ 78,505
▲ 68% 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 € 595,546.
People and assets in 2025
9.1
Average over the fiscal year, from the social balance sheet.
€ 453,909
▲ 1% vs 2024
€ 49,900 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.
€ 11,431
▲ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 659,789
▼ 9% vs 2024
€ 25,516 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 353,799
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,583
▼ 60% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 619,335 | € 581,660 | € 450,449 | € 598,232 | ▲ 33% |
| Profit after taxes | € 93,523 | € 55,966 | € -47,444 | € 65,921 | ▲ € 113,365 |
| Equity | € 532,652 | € 588,619 | € 541,175 | € 607,096 | ▲ 12% |
| Total debts | € 1,162,113 | € 1,318,431 | € 1,454,936 | € 1,127,866 | ▼ 22% |
| Cash | € 125,063 | € 73,011 | € 46,652 | € 78,505 | ▲ 68% |
| Land & buildings | € 65,635 | € 73,022 | € 80,576 | € 81,428 | ▲ 1% |
| Retained profit | € 521,102 | € 577,069 | € 529,625 | € 595,546 | ▲ 12% |
| Bank debt | € 755,777 | € 919,256 | € 723,042 | € 659,789 | ▼ 9% |
| Balance sheet total | € 1,694,766 | € 1,907,050 | € 1,996,111 | € 1,734,961 | ▼ 13% |
| Employees (FTE) | 11 | 10.6 | 9.1 | 9.1 |
Key figures of POWERGRID, 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 POWERGRID?
What happened at POWERGRID in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 65,921. Source: NBB ↗
- New establishment in Bocholt. KBO
- New establishment in Herselt. KBO
- New establishment in Mol. KBO
- New establishment in Geel. KBO
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 93,523 profit in 2022 to € 65,921 profit in 2025.
Paid € 79,036 in corporate taxes since 2022.
Best year ever: 2022, with € 93,523 profit.
On average € 65,700 of value added per employee in 2025.
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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
Behind POWERGRID is POWERGRID_MANAGEMENT.
Directors
According to the 2025 annual accounts
Director · represented by Ilse Mens
Establishments
Establishment units
Physical locations of this company
Gemeenteheide 19
2440 Geel
Turnhoutsebaan 8
2400 Mol
Active since 14 January 2012
Aarschotsesteenweg 100c
2230 Herselt
Active since 1 November 2014
Kaulillerweg 92a
3950 Bocholt
Active since 5 March 2016
Winkelomseheide 111
2440 Geel
Active since 1 December 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0820.773.616
- VAT number
- BE 0820.773.616
- Registered office
- Gemeenteheide 19, 2440 Geel
- Names & denominations
- POWERGRID
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 2009
- Peppol
- Active · Active since 19 Feb 2025
- Activities · NACE
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