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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ELECTRABEL GREEN PROJECTS FLANDERS from Brussel, company number BE0465399763, closed financial year 2025 with a result of € -881,205 after tax. For that financial year ELECTRABEL GREEN PROJECTS FLANDERS recorded revenue of € 4.4 million and equity of € 15.4 million. Compared with financial year 2024, the result moved from € -363,407 to € -881,205. 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 June 22, 2026.
€ 15.4 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -881,205
▼ 142 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.6 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1 million
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 131 days on average.
€ 87,721
▼ 2% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,287,808 | € 10,595,657 | € 4,982,696 | € 4,441,174 | ▼ 11% |
| Profit after taxes | € 49,513 | € 3,892,956 | € -363,407 | € -881,205 | ▼ € 517,798 |
| Equity | € 15,408,302 | € 17,992,466 | € 16,315,462 | € 15,408,750 | ▼ 6% |
| Total debts | € 8,021,096 | € 4,149,328 | € 932,517 | € 1,102,764 | ▲ 18% |
| Retained profit | € 1,463,762 | € 4,083,903 | € 2,432,407 | € 1,551,203 | ▼ 36% |
| Dividend | € 0 | € 1,272,815 | € 1,288,089 | € 0 | ▼ 100% |
| Bank debt | € 5,427,504 | € 1,357,106 | € 0 | € 0 | |
| Balance sheet total | € 25,329,674 | € 24,192,348 | € 19,457,492 | € 18,629,714 | ▼ 4% |
Key figures of ELECTRABEL GREEN PROJECTS FLANDERS, 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 ELECTRABEL GREEN PROJECTS FLANDERS?
What happened at ELECTRABEL GREEN PROJECTS FLANDERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Harold Vanheel stepped down as director. NBB
- Christophe De Waele stepped down as director. NBB
- Siegried Vanhevel stepped down as director. NBB
- Tom Bollaert stepped down as director. NBB
- Lionel Matthysen stepped down as director. NBB
- Luc Van Hove stepped down as director. NBB
- Christophe Lamoureux stepped down as director. NBB
- Rik Soens stepped down as director. NBB
In short
From € 49,513 profit in 2022 to € 881,205 loss in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 3.9 million profit.
Paid out € 2.6 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by ELECTRABEL NV (70%), ZEFIER CV (24.4%), IKA DV (5.6%), VENTUM & GREEN CV and Blomhof NV.
Directors
According to the 2025 annual accounts
Harold Vanheel
Director
Also active at: WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Zefier, Wind4Flanders Projects Alfa, Wind4Flanders Projects Beta +2 more
since 2025 · until 2029
since 2025 · until 2029
Siegried Vanhevel
Director
since 2025 · until 2029
Tom Bollaert
Director
Also active at: WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Wind4Flanders Projects Alfa, Wind4Flanders Projects Beta
since 2025 · until 2029
Lionel Matthysen
Director
Also active at: WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, ICO WINDPARK, Wind4Flanders Projects Alfa, Wind4Flanders Projects Beta +1 more
since 2025 · until 2029
Luc Van Hove
Director
Also active at: WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, Wind4Flanders Projects Alfa, Wind4Flanders Projects Beta
since 2025 · until 2029
Geert Dhooghe
Director
Also active at: ELECTRABEL SEANERGY, WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Seagull I, ICO WINDPARK +3 more
since 2025 · until 2026
Christophe Lamoureux
Director
Also active at: WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, GROEN COMPAGNIE VERTE, Wind4Flanders Projects Alfa, Wind4Flanders Projects Beta
since 2025 · until 2029
Ann Naessens
Director
Also active at: ELECTRABEL SEANERGY, WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Seagull I, ICO WINDPARK +3 more
since 2025 · until 2025
Rik Soens
Vice-chairman of the board
Also active at: Intergemeentelijke Maatschappij voor Openbare Gezondheid in Zuid-West-Vlaanderen, WESTTOER, SW+, Woonmaatschappij VIVUS, Centrum voor Informatica – Oplossingen – Ondersteuning – Overheid, Koninklijke Waregemse Koersvereniging, Inagro, provinciaal extern verzelfstandigd agentschap in privaatrechtelijke vorm, BEDRIJVENCENTRUM REGIO WAREGEM +9 more
since 2025 · until 2029
Nicolas Van den Abeele
Chairman of the board
Also active at: WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, GROEN COMPAGNIE VERTE, Wind4Flanders Projects Alfa, Wind4Flanders Projects Beta +1 more
since 2025 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Simon Bolivarlaan 36
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →Union financière et industrielle
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€ 33.4 million revenue · 2024
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.399.763
- VAT number
- BE 0465.399.763
- Registered office
- Simon Bolivarlaan 36, 1000 Brussel
- Names & denominations
- ELECTRABEL GREEN PROJECTS FLANDERS · EGPF - EGPF 1
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 1999
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- engie.com
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Productie van elektriciteit