Active · per the CBE, 29 October 2026

FIEVA

BE0461584297

Rechtspersoon General partnership 1 establishment

FIEVA is an energy company in Dentergem. General partnership, started on 3 October 1997, 1 establishment.

Groenhove(Wak) 18, 8720 Dentergem

Behind the company: Ellecon BV, Michel Nimeh.

Active for

29 year

Financials

Financial year 2025

FIEVA from Dentergem, company number BE0461584297, closed financial year 2025 with a result of € 554,334 after tax. For that financial year FIEVA recorded revenue of € 5.4 million and equity of € 12.6 million. Compared with financial year 2024, the result moved from € -176,753 to € 554,334. Profitable, and profit is growing. 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 5, 2026.

What it is worth Healthy

€ 12.6 million

▼ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 554,334

▲ still € 176,753 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.1 million

▲ 15% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 284,902.

People and assets in 2025

Full-time equivalents

0

Average over the fiscal year, from the social balance sheet.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 14.9 million

▼ 19% vs 2024

€ 3.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 162,330

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 25,723

▲ 17% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue - - - € 5,431,870
Gross margin € 6,395,258 € 4,494,661 € 4,004,401 € 4,167,217 ▲ 4%
Profit after taxes € 2,249,803 € 209,131 € -176,753 € 554,334 ▲ € 731,087
Equity € 14,741,652 € 14,082,782 € 12,907,067 € 12,614,067 ▼ 2%
Total debts € 25,681,373 € 22,271,425 € 18,884,454 € 15,392,514 ▼ 18%
Cash € 3,443,507 € 1,843,207 € 2,730,753 € 3,144,061 ▲ 15%
Retained profit € -301,810 € -92,679 € -269,432 € 284,902 ▲ € 554,334
Bank debt € 25,042,215 € 21,661,393 € 18,359,006 € 14,933,190 ▼ 19%
Balance sheet total € 40,423,024 € 36,354,208 € 31,791,520 € 28,006,581 ▼ 12%

Key figures of FIEVA, 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 FIEVA?

What happened at FIEVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 554,334. Source: NBB ↗
  • Michel Nimeh became a director. NBB
  • Hans Peter Vestergaard stepped down as director. NBB
  • Marcus Anders stepped down as director. NBB
  • Hans Peter Vestergaard became a director. NBB
  • Ellecon BV became a director. NBB
  • Marcus Anders became a director. NBB
  • New establishment in Dentergem. KBO

In short

From € 2.2 million profit in 2022 to € 554,334 profit in 2025.

Best year ever: 2022, with € 2.2 million profit.

Management

Behind FIEVA are Ellecon BV and Michel Nimeh. Ellecon BV is also behind SOLAR ASSET MANAGEMENT and Greenfrun.

Directors

According to the 2025 annual accounts

Ellecon BV

Manager · represented by Elien Van Nieuwenhuyse

Also active at: SOLAR ASSET MANAGEMENT, Greenfrun

since 2021

Michel Nimeh

Manager

since 2026

Hans Peter Vestergaard

Manager

Also active at: Greenfrun

since 2024 · until 2026

Marcus Anders

Manager

since 2016 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Groenhove(Wak) 18

8720 Dentergem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0461.584.297
VAT number
BE 0461.584.297
Registered office
Groenhove(Wak) 18, 8720 Dentergem
Names & denominations
FIEVA
Enterprise type
Rechtspersoon
Legal form
General partnership
Legal situation
Normale toestand
Start date
3 October 1997
Peppol
Active · Active since 5 May 2025
Activities · NACE

Productie van elektriciteit uit niet-hernieuwbare bronnen

Frequently asked questions

What does FIEVA do?
FIEVA is an energy company in Dentergem. General partnership, started on 3 October 1997, 1 establishment.
What is the address of FIEVA?
The registered office of FIEVA is located at Groenhove(Wak) 18, 8720 Dentergem.
Is FIEVA still active?
Yes. According to the CBE (29 October 2026) FIEVA is active, legal situation “Normale toestand”, started on 3 October 1997.
Is FIEVA registered on Peppol?
Yes, FIEVA is registered on the Peppol network with ID 0208:0461584297.
What is the enterprise number of FIEVA?
The enterprise number of FIEVA is BE0461584297.
When was FIEVA founded?
FIEVA was founded on 3 October 1997.