What does C - Power do?

C - Power is registered with the CBE as active in: Productie van elektriciteit. Public Limited, started on 13 July 1999, 1 establishment.

What is the address of C - Power?

The registered office of C - Power is located at Buskruitstraat 1, 8400 Oostende.

Is C - Power still active?

Yes. According to the CBE (29 October 2026) C - Power is active, legal situation “Normale toestand”, started on 13 July 1999.

Is C - Power registered on Peppol?

Yes, C - Power is registered on the Peppol network with ID 0208:0466525755.

What is the enterprise number of C - Power?

The enterprise number of C - Power is BE0466525755.

When was C - Power founded?

C - Power was founded on 13 July 1999.

Who are the directors of C - Power?

According to the 2025 annual accounts, the directors of C - Power are: Sam Baneke, Korbinian Lang, Nicolas Voyez, Pierre-Emmanuel Guillot, Marcel Dormann, SPARAXIS SA, Frank Richard William Morley-Brown, Socofe.

Is C - Power a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 July 1999; 5 annual accounts filed, latest fiscal year 2025; 13 directors known from the annual account.

How much profit did C - Power make in 2025?

C - Power posted a profit after taxes of € 18,358,173 in financial year 2025.

What is the revenue of C - Power?

In its most recent annual accounts (2025), C - Power reported revenue of € 130,535,608.

How much does an employee at C - Power earn?

The average wage cost per full-time employee at C - Power was € 149,900 in 2025: staff costs of € 3.1 million for 20.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does C - Power have?

According to the 2025 annual accounts, C - Power has 20.9 full-time equivalents (FTE).

Does C - Power have a website?

Yes, C - Power has a website at c-power.be.

C - Power (Public Limited) - Oostende - BE0466525755

Dossier C - Power, printed on 29 October 2026 from databakkes.be/en/0466525755/c-power. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

C - Power from Oostende, company number BE0466525755, closed financial year 2025 with a result of € 18.4 million after tax. For that financial year C - Power recorded revenue of € 130.5 million and equity of € 289 million. Compared with financial year 2024, the result moved from € 22.6 million to € 18.4 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.

What it is worth Growing

€ 289 million

▲ 6% vs 2024

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

Profit Healthy

€ 18.4 million

▼ 19% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 72.5 million

▲ 13% 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 € 135.3 million.

People and assets in 2025

Full-time equivalents

20.9

▲ 1.4 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 27.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.1 million

▲ 6% vs 2024

€ 149,900 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.

Vehicles and equipment

€ 437,424

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 199.6 million

▼ 24% vs 2024

€ 65.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 2.9 million

▼ 13% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.

Taxes and wages

€ 5.9 million

▲ 55% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 125,994,753 Revenue 2022: € 125,994,753 First fiscal year in the series	€ 154,849,086 Revenue 2023: € 154,849,086 ▲ 23% vs 2022 (€ 125,994,753) Favourable step	€ 141,959,165 Revenue 2024: € 141,959,165 ▼ 8% vs 2023 (€ 154,849,086) Unfavourable step	€ 130,535,608 Revenue 2025: € 130,535,608 ▼ 8% vs 2024 (€ 141,959,165) Unfavourable step	▼ 8%
Profit after taxes	€ 5,768,024 Profit after taxes 2022: € 5,768,024 First fiscal year in the series	€ 32,690,105 Profit after taxes 2023: € 32,690,105 ▲ € 26.9 million vs 2022 (€ 5,768,024) Favourable step	€ 22,575,932 Profit after taxes 2024: € 22,575,932 ▼ 31% vs 2023 (€ 32,690,105) Unfavourable step	€ 18,358,173 Profit after taxes 2025: € 18,358,173 ▼ 19% vs 2024 (€ 22,575,932) Unfavourable step	▼ 19%
Equity	€ 279,296,593 Equity 2022: € 279,296,593 First fiscal year in the series	€ 290,674,198 Equity 2023: € 290,674,198 ▲ 4% vs 2022 (€ 279,296,593) Favourable step	€ 271,937,630 Equity 2024: € 271,937,630 ▼ 6% vs 2023 (€ 290,674,198) Unfavourable step	€ 288,983,304 Equity 2025: € 288,983,304 ▲ 6% vs 2024 (€ 271,937,630) Favourable step	▲ 6%
Total debts	€ 400,073,612 Total debts 2022: € 400,073,612 First fiscal year in the series	€ 341,782,408 Total debts 2023: € 341,782,408 ▼ 15% vs 2022 (€ 400,073,612) Favourable step	€ 272,212,439 Total debts 2024: € 272,212,439 ▼ 20% vs 2023 (€ 341,782,408) Favourable step	€ 208,377,743 Total debts 2025: € 208,377,743 ▼ 23% vs 2024 (€ 272,212,439) Favourable step	▼ 23%
Cash	€ 69,429,239 Cash 2022: € 69,429,239 First fiscal year in the series	€ 56,842,332 Cash 2023: € 56,842,332 ▼ 18% vs 2022 (€ 69,429,239) Unfavourable step	€ 64,238,453 Cash 2024: € 64,238,453 ▲ 13% vs 2023 (€ 56,842,332) Favourable step	€ 72,466,446 Cash 2025: € 72,466,446 ▲ 13% vs 2024 (€ 64,238,453) Favourable step	▲ 13%
Land & buildings	€ 1,053,073 Land & buildings 2022: € 1,053,073 First fiscal year in the series	€ 851,361 Land & buildings 2023: € 851,361 ▼ 19% vs 2022 (€ 1,053,073) Unchanged	€ 727,450 Land & buildings 2024: € 727,450 ▼ 15% vs 2023 (€ 851,361) Unchanged	€ 3,769,173 Land & buildings 2025: € 3,769,173 ▲ € 3 million vs 2024 (€ 727,450) Unchanged	▲ € 3 million
Retained profit	€ 121,674,747 Retained profit 2022: € 121,674,747 First fiscal year in the series	€ 134,364,852 Retained profit 2023: € 134,364,852 ▲ 10% vs 2022 (€ 121,674,747) Favourable step	€ 116,940,784 Retained profit 2024: € 116,940,784 ▼ 13% vs 2023 (€ 134,364,852) Unfavourable step	€ 135,298,957 Retained profit 2025: € 135,298,957 ▲ 16% vs 2024 (€ 116,940,784) Favourable step	▲ 16%
Dividend	€ 16,000,000 Dividend 2022: € 16,000,000 First fiscal year in the series	€ 20,000,000 Dividend 2023: € 20,000,000 ▲ 25% vs 2022 (€ 16,000,000) Unchanged	€ 40,000,000 Dividend 2024: € 40,000,000 ▲ 100% vs 2023 (€ 20,000,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 40,000,000) Unchanged	▼ 100%
Bank debt	€ 388,117,621 Bank debt 2022: € 388,117,621 First fiscal year in the series	€ 327,895,572 Bank debt 2023: € 327,895,572 ▼ 16% vs 2022 (€ 388,117,621) Favourable step	€ 264,164,759 Bank debt 2024: € 264,164,759 ▼ 19% vs 2023 (€ 327,895,572) Favourable step	€ 199,574,483 Bank debt 2025: € 199,574,483 ▼ 24% vs 2024 (€ 264,164,759) Favourable step	▼ 24%
Balance sheet total	€ 707,057,943 Balance sheet total 2022: € 707,057,943 First fiscal year in the series	€ 664,067,830 Balance sheet total 2023: € 664,067,830 ▼ 6% vs 2022 (€ 707,057,943) Unchanged	€ 579,902,831 Balance sheet total 2024: € 579,902,831 ▼ 13% vs 2023 (€ 664,067,830) Unchanged	€ 536,392,038 Balance sheet total 2025: € 536,392,038 ▼ 8% vs 2024 (€ 579,902,831) Unchanged	▼ 8%
Employees (FTE)	20.5 Employees (FTE) 2022: 20.5 First fiscal year in the series	19.6 Employees (FTE) 2023: 19.6 ▼ 0.9 vs 2022 (20.5) Unchanged	19.5 Employees (FTE) 2024: 19.5 ▼ 0.1 vs 2023 (19.6) Unchanged	20.9 Employees (FTE) 2025: 20.9 ▲ 1.4 vs 2024 (19.5) Unchanged	▲ 1.4

Key figures of C - Power, 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 C - Power?

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

2031 Korbinian Lang stepped down as director. NBB
2031 Nicolas Voyez stepped down as director. NBB
2031 Pierre-Emmanuel Guillot stepped down as director. NBB
2031 Marcel Dormann stepped down as director. NBB
2031 SPARAXIS SA stepped down as director. NBB
2031 Frank Richard William Morley-Brown stepped down as director. NBB
2031 Socofe stepped down as director. NBB
2031 Kristof Van Loon stepped down as director. NBB

In short

From € 5.8 million profit in 2022 to € 18.4 million profit in 2025.

Paid € 12.9 million in corporate taxes since 2022.

Best year ever: 2023, with € 32.7 million profit.

Paid out € 76 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

C-Power Holdco nv 63.3%

RWE Renewables International Participations BV 26.7%

EDF EN Belgium SA 10%

DEME CONCESSIONS WIND 1.1%

The stake of DEME CONCESSIONS WIND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

C - Power

Thornton Bank Maintenance Services 100%

The shares are held by C-Power Holdco nv (63.3%), RWE Renewables International Participations BV (26.7%), EDF EN Belgium SA (10%) and DEME CONCESSIONS WIND (1.1%). It owns 100% of Thornton Bank Maintenance Services itself.

Directors

According to the 2025 annual accounts

Sam Baneke

Director

since 2020 · until 2025

Korbinian Lang

Director

since 2025 · until 2031

Nicolas Voyez

Director

since 2025 · until 2031

Pierre-Emmanuel Guillot

Director

since 2025 · until 2031

Marcel Dormann

Director

Also active at: WE Environnement, DOSAMA, POWER@SEA

since 2025 · until 2031

SPARAXIS SA

Director · represented by Anne Vereecke

Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more

since 2025 · until 2031

Frank Richard William Morley-Brown

Director

since 2025 · until 2031

Socofe

Director · represented by Jean-Marie Bréban

Owns 19% via C-Power Holdco nv

Also active at: WE Environnement, SeaMade, GREEN4POWER, OTARY BIS, NORTH SEA WAVE, ESTOR-LUX, PERPETUM INFRA 4BE, Estor-Lux II +7 more

since 2025 · until 2031

Kristof Van Loon

Director

since 2025 · until 2031

Ludo KELCHTERMANS

Director

Also active at: FLUXYS BELGIUM, L.K.C., CIPAL, LIZEL, VLAAMSE ENERGIEHOLDING, 3E, HOPPE, C-POWER HOLDCO +19 more

since 2025 · until 2031

Nubema nv

Director · represented by Peter Jans

Also active at: ECOO Recycling, WIND EN WATER ENERGIE PRODUCENT, C-POWER HOLDCO, NUHMERIS, NUHMA DC, HERKENRODE REAL ESTATE, MyCSN, Fairville +7 more

since 2025 · until 2031

Vitali Eck

Director

since 2025 · until 2031

David De Brabant

Director

Also active at: PUBLILEC, ASPIRAVI, ASPIRAVI OFFSHORE, The eCloud Company, TeaMWise, ASPIRAVI ENERGY, A&P WIND SERVICES, JULANO +9 more

since 2025 · until 2031

Shareholders

C-Power Holdco nv · holding of Socofe

63.3%

RWE Renewables International Participations BV

26.7%

EDF EN Belgium SA

10%

DEME CONCESSIONS WIND

1.1%

Participations

Thornton Bank Maintenance Services

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Buskruitstraat 1

8400 Oostende

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 →

Thornton Bank Maintenance Services same network

€ 4.5 million gross margin · 2025

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

Website

HTTPS c-power.be

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Details

Company number

0466.525.755

VAT number

BE 0466.525.755

Registered office

Buskruitstraat 1, 8400 Oostende

Names & denominations

C - Power

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

13 July 1999

Peppol

Active · Active since 17 Dec 2025

Contact

c-power.be [email protected] +32474014064

Activities · NACE

Productie van elektriciteit

Productie van elektriciteit uit niet-hernieuwbare bronnen

Productie van elektriciteit uit hernieuwbare bronnen

Technische studiën en ingenieursactiviteiten

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

View on CBE Public ↗ Annual accounts (NBB) ↗

C - Power

Financials

What happened to C - Power?

Management

Directors

Shareholders

Participations

Establishments

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Who else lives here?

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