Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 115.8 to 57.3.
Financials
Financial year 2025
IZEN ENERGY SYSTEMS from Kasterlee, company number BE0461969032, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year IZEN ENERGY SYSTEMS recorded revenue of € 43.5 million and equity of € 10.6 million. Compared with financial year 2024, the result moved from € 794,113 to € 1.4 million. 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 July 1, 2026.
€ 10.6 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 76% vs 2024
Profit after tax over the fiscal year.
€ 18.8 million
▲ € 18.8 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
57.3
▼ 13.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.6 million
▼ 5% vs 2024
€ 97,300 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.
€ 94,960
▼ 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.
€ 3.2 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 1.6 million
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 49,455,272 | € 73,954,006 | € 39,525,323 | € 43,501,195 | ▲ 10% |
| Profit after taxes | € -3,909,392 | € -1,642,413 | € 794,113 | € 1,396,656 | ▲ 76% |
| Equity | € 12,577,724 | € 10,935,311 | € 11,729,424 | € 10,626,079 | ▼ 9% |
| Total debts | € 20,678,294 | € 10,179,211 | € 11,260,775 | € 11,734,728 | ▲ 4% |
| Cash | € 155,248 | € 85,716 | € 11,789 | € 18,821,443 | ▲ € 18.8 million |
| Retained profit | € 11,770,374 | € 10,127,961 | € 10,922,074 | € 9,818,729 | ▼ 10% |
| Dividend | € 0 | € 0 | € 0 | € 2,500,000 | |
| Balance sheet total | € 34,618,721 | € 23,357,935 | € 24,747,184 | € 23,966,164 | ▼ 3% |
| Employees (FTE) | 140.3 | 115.8 | 71.1 | 57.3 | ▼ 13.8 |
Key figures of IZEN ENERGY SYSTEMS, 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 IZEN ENERGY SYSTEMS?
What happened at IZEN ENERGY SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Yannick Heylen stepped down as director. NBB
- Eddy VANDERSMISSEN stepped down as director. NBB
- Edwin SAMYN stepped down as director. NBB
- Luc CLABOUT stepped down as director. NBB
- Benny VANDEVENNE stepped down as director. NBB
- Bart VAN DER MEERSCH stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ 76% vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
In short
From € 3.9 million loss in 2022 to € 1.4 million profit in 2025.
Paid € 88,099 in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
Paid out € 2.5 million in dividends to the owners in total.
Management
The shares are held by Vinci Energies Belgium (100%).
Directors
According to the 2025 annual accounts
Luc CLABOUT
Director
since 2025 · until 2030
Yannick Heylen
Director
since 2026 · until 2032
Bart VAN DER MEERSCH
Managing director
since 2022 · until 2028
Eddy VANDERSMISSEN
Director
since 2025 · until 2031
Benny VANDEVENNE
Director
since 2022 · until 2028
Edwin SAMYN
Director
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Poederleesteenweg 94
2460 Kasterlee
Antwerpsesteenweg 106 box C
2800 Mechelen
Active since 1 January 2026
Avenue Georges Lemaitre 49
6041 Charleroi
Active since 1 January 2026
Egide Walschaertsstraat 15 box C
2800 Mechelen
Active since 1 January 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0461.969.032
- VAT number
- BE 0461.969.032
- Registered office
- Poederleesteenweg 94, 2460 Kasterlee
- Names & denominations
- IZEN ENERGY SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 1997
- Peppol
- Active · Active since 28 Feb 2022
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