Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
POWERNAUT from Gent, company number BE1004987997, closed financial year 2025 with a result of € -175,189 after tax. For that financial year POWERNAUT recorded a gross margin of € 292,985 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € -25,167 to € -175,189. 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 July 27, 2026.
€ 2.2 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -175,189
▼ 596 % more loss than in 2024
Profit after tax over the fiscal year.
€ 47,884
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -200,356.
People and assets in 2025
5.7
Average over the fiscal year, from the social balance sheet.
€ 467,992
▲ € 461,436 vs 2024
€ 82,100 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.
€ 9,661
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,273
▲ 46% vs 2024
Loans from banks and other lenders, long and short.
€ 64,055
▲ 258% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77,607
▲ € 77,130 vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -17,466 | € 292,985 | ▲ € 310,451 |
| Profit after taxes | € -25,167 | € -175,189 | ▼ € 150,022 |
| Equity | € 2,390,921 | € 2,215,732 | ▼ 7% |
| Total debts | € 24,639 | € 150,431 | ▲ € 125,792 |
| Cash | € 64,441 | € 47,884 | ▼ 26% |
| Retained profit | € -25,167 | € -200,356 | ▼ € 175,189 |
| Bank debt | € 4,305 | € 6,273 | ▲ 46% |
| Balance sheet total | € 2,415,560 | € 2,366,163 | ▼ 2% |
| Employees (FTE) | - | 5.7 |
Key figures of POWERNAUT, fiscal years 2024 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 POWERNAUT?
What happened at POWERNAUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 175,189. Source: NBB ↗
- Florentijn Degroote became a director. NBB
- Revent Capital Gmbh BUITENLANDSE ENTITEIT became a director. NBB
- Serge Morel became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,167 loss in 2024 to € 175,189 loss in 2025.
Paid € 6 in corporate taxes since 2024.
On average € 51,400 of value added per employee in 2025.
Management
The stake of Pitchdrive Fund III comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
POWERNAUTBehind POWERNAUT are Florentijn Degroote, Revent Capital Gmbh BUITENLANDSE ENTITEIT and Serge Morel. The shares are held by Pitchdrive Fund III (2.7%).
Directors
According to the 2025 annual accounts
Florentijn Degroote
Director
since 2024
Revent Capital Gmbh BUITENLANDSE ENTITEIT
Director · represented by Grosse Hokamp Henrik
since 2024
Serge Morel
Director
since 2024
Shareholders
2.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hubert Frère-Orbanlaan 318
9000 Gent
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
- 1004.987.997
- VAT number
- BE 1004.987.997
- Registered office
- Hubert Frère-Orbanlaan 318, 9000 Gent
- Names & denominations
- POWERNAUT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2024
- Peppol
- Active · Active since 16 Jul 2026
- Activities · NACE
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