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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Late annual account NBB
Fiscal year 2025 was filed 329 days after the legal deadline.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
82 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Powerfleet Belgium from Gent, company number BE0884445406, closed financial year 2025 with a result of € -53,583 after tax. For that financial year Powerfleet Belgium recorded a gross margin of € 394,857 and equity of € 1 million. Compared with financial year 2024, the result moved from € 73,393 to € -53,583. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 1 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,583
▼ still € 73,393 profit in 2024
Profit after tax over the fiscal year.
€ 149,530
▲ 144% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 677,137.
People and assets in 2025
4.3
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 431,157
▼ 48% vs 2024
€ 100,300 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.
€ 483
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 172,004
▲ € 158,651 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 124,957
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 790,731 | € 888,640 | € 895,295 | € 394,857 | ▼ 56% |
| Profit after taxes | € 61,437 | € 65,116 | € 73,393 | € -53,583 | ▼ € 126,976 |
| Equity | € 957,211 | € 1,022,327 | € 1,095,720 | € 1,042,137 | ▼ 5% |
| Total debts | € 570,616 | € 439,676 | € 455,606 | € 796,994 | ▲ 75% |
| Cash | € 56,643 | € 182,350 | € 61,166 | € 149,530 | ▲ 144% |
| Retained profit | € 592,211 | € 657,327 | € 730,720 | € 677,137 | ▼ 7% |
| Balance sheet total | € 1,527,827 | € 1,462,003 | € 1,551,326 | € 1,870,206 | ▲ 21% |
| Employees (FTE) | 5.3 | 4.2 | 3.8 | 4.3 | ▲ 0.5 |
Key figures of Powerfleet Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Powerfleet Belgium?
What happened at Powerfleet Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 53,583 (▼ € 126,976 vs 2024). filed late Source: NBB ↗
- Melissa Ingram became a director. NBB
- Piret Papper became a director. NBB
- Andreas Oellien became a director. NBB
- Andonios Lourakis stepped down as director. NBB
- Harald Treur stepped down as director. NBB
- Andonios Lourakis became a director. NBB
- Harald Treur became a director. NBB
In short
From € 61,437 profit in 2022 to € 53,583 loss in 2025.
Paid € 81,923 in corporate taxes since 2022.
Best year ever: 2024, with € 73,393 profit.
On average € 91,800 of value added per employee in 2025.
Management
Behind Powerfleet Belgium are Melissa Ingram, Piret Papper and Andreas Oellien.
Directors
According to the 2025 annual accounts
Melissa Ingram
Director
since 2025
Piret Papper
Director
since 2025
Andreas Oellien
Director
since 2025
Andonios Lourakis
Director
since 2015 · until 2025
Harald Treur
Director
since 2015 · until 2025
Establishments
Establishment units
Physical locations of this company
Kerkstraat 108
9050 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 82 companies are registered at this address.
All companies at this address →BEDRIJVENCENTRUM DE PUNT
€ 1.4 million gross margin · 2025
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€ 51,206 gross margin · 2025
KOFFIES DE DRAAK
€ 382,652 gross margin · 2025
CARWASH CONCEPT COMPANY 3C
€ 251,002 gross margin · 2024
ROTS vzw
€ 1 million gross margin · 2025
+77 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- IT MOBILE INTERNATIONAL B.V.(oprichter) 100%
Details
- Company number
- 0884.445.406
- VAT number
- BE 0884.445.406
- Registered office
- Kerkstraat 108, 9050 Gent
- Names & denominations
- Powerfleet Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2006
- Peppol
- Not registered
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