Financials
Financial year 2025
Fluvius Limburg from Hasselt, company number BE0207165769, closed financial year 2025 with a result of € 12.6 million after tax. For that financial year Fluvius Limburg recorded revenue of € 434.3 million and equity of € 1.7 billion. Compared with financial year 2024, the result moved from € 159.4 million to € 12.6 million. The company is profitable. 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 June 23, 2026.
€ 1.7 billion
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12.6 million
▼ 92% vs 2024
Profit after tax over the fiscal year.
€ 905
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 28.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 14.8 million
▲ 12% vs 2024
Of which on lease € 4.1 million.
Debts at end 2025
€ 1.4 billion
▲ 15% vs 2024
€ 28 million is repaid this year. At this pace the long-term loan is gone in ≈ 48 years.
€ 81.5 million
▲ € 63.5 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 89 days on average.
€ 10.7 million
▲ 7% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 371,717,671 | € 347,263,489 | € 351,808,989 | € 434,321,317 | ▲ 23% |
| Profit after taxes | € 35,561,796 | € 29,449,832 | € 159,358,483 | € 12,635,360 | ▼ 92% |
| Equity | € 1,676,309,998 | € 1,695,327,834 | € 1,673,729,341 | € 1,658,770,893 | ▼ 1% |
| Total debts | € 943,191,022 | € 1,106,067,149 | € 1,280,864,799 | € 1,545,588,729 | ▲ 21% |
| Cash | € 198,539 | € 1,750 | € 1,865 | € 905 | ▼ 51% |
| Land & buildings | € 25,234,480 | € 25,749,752 | € 27,353,788 | € 28,934,712 | ▲ 6% |
| Retained profit | € 496,220,284 | € 491,091,542 | € 451,255,211 | € 436,927,596 | ▼ 3% |
| Dividend | € 16,710,615 | € 42,828,524 | € 207,761,485 | € 28,540,639 | ▼ 86% |
| Bank debt | € 831,098,869 | € 978,298,195 | € 1,171,096,903 | € 1,352,185,661 | ▲ 15% |
| Balance sheet total | € 2,646,103,629 | € 2,833,999,189 | € 2,997,199,476 | € 3,255,341,179 | ▲ 9% |
Key figures of Fluvius Limburg, 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 Fluvius Limburg?
What happened at Fluvius Limburg in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12.6 million (▼ 92% vs 2024). Source: NBB ↗
- Tom Cox became a director. NBB
- Tine Jans became a director. NBB
- Sietse Wils became a director. NBB
- Krijn Henrotte became a director. NBB
- Jeroen Hendrikx became a director. NBB
- Ilse Wevers became a director. NBB
- Jasmine Neven became a director. NBB
In short
From € 35.6 million profit in 2022 to € 12.6 million profit in 2025.
Paid € 14.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 159.4 million profit.
Paid out € 295.8 million in dividends to the owners in total.
Management
The stake of Provinciale Brabantse Energiemaatschappij comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Fluvius LimburgBehind Fluvius Limburg are Patrick Lismont, Tom Cox, Rik Kriekels, Tine Jans, Sietse Wils and Krijn Henrotte. The shares are held by Provinciale Brabantse Energiemaatschappij (8.6%). It owns 74.3% of Fluvius System Operator itself.
Directors
According to the 2025 annual accounts
Patrick Lismont
Director
since 2019
since 2025
since 2019
Tine Jans
Director
since 2025
since 2025
Krijn Henrotte
Director
since 2025
Wim Dries
Director
Also active at: FLUVIUS, D - Cube Resource, Vereniging van Vlaamse Steden en Gemeenten, Fluvius System Operator, T2, THOR PARK, MO-THOR, AGB Genk +1 more
since 2019
Jeroen Hendrikx
Lid met raadgevende stem
since 2025
since 2025
Erik Van Roelen
Vice-chairman of the board, Director
since 2019
since 2025
since 2019
Hanne Kellens
Director
Also active at: AGB MASTERPLAN, AUTONOOM GEMEENTEBEDRIJF SPORT HOUTHALEN-HELCHTEREN (AGB SPORT)
since 2025
Mark Vos
Director, Chairman of the board
since 2019
since 2025
Marc Heselmans
Director
since 2025
Shareholders
Participations
74.3%
Establishments
Establishment units
Physical locations of this company
Trichterheideweg 8
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0207.165.769
- VAT number
- BE 0207.165.769
- Registered office
- Trichterheideweg 8, 3500 Hasselt
- Names & denominations
- Fluvius Limburg
- Enterprise type
- Rechtspersoon
- Legal form
- Opdrachthoudende vereniging (Vlaams Gewest)
- Legal situation
- Normale toestand
- Start date
- 15 June 1970
- Peppol
- Active · Active since 29 Aug 2023
- Activities · NACE
Distributie van elektriciteit
Distributie van en handel in gasvormige brandstoffen via leidingen
Distributie van gasvormige brandstoffen via leidingen