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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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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
POWER@SEA from Beveren-Kruibeke-Zwijndrecht, company number BE0468783479, closed financial year 2025 with a result of € 4.2 million after tax. Compared with financial year 2024, the result moved from € 15.4 million to € 4.2 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 May 21, 2026.
€ 22.2 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.2 million
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 2.9 million
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.4 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 4,554,748 | € 10,118,294 | € 15,414,141 | € 4,175,610 | ▼ 73% |
| Equity | € 21,003,213 | € 21,509,219 | € 22,423,360 | € 22,195,834 | ▼ 1% |
| Total debts | € 1,657,574 | € 12,467 | € 12,005,463 | € 3,000,000 | ▼ 75% |
| Cash | € 2,795,313 | € 1,521,358 | € 5,522,443 | € 2,939,553 | ▼ 47% |
| Retained profit | € 844,494 | € 1,350,500 | € 2,264,641 | € 2,037,115 | ▼ 10% |
| Dividend | € 4,300,000 | € 9,612,288 | € 14,500,000 | € 4,403,136 | ▼ 70% |
| Balance sheet total | € 22,660,787 | € 21,521,686 | € 34,428,823 | € 25,195,834 | ▼ 27% |
Key figures of POWER@SEA, 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 POWER@SEA?
What happened at POWER@SEA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sparaxis SA stepped down as director. NBB
- Bert Devriendt stepped down as director. NBB
- Marcel Dormann stepped down as director. NBB
- Kristof Van Loon stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.2 million (▼ 73% vs 2024). Source: NBB ↗
- Sparaxis SA became a director. NBB
- Bert Devriendt became a director. NBB
- Marcel Dormann became a director. NBB
In short
From € 4.6 million profit in 2022 to € 4.2 million profit in 2025.
Best year ever: 2024, with € 15.4 million profit.
Paid out € 32.8 million in dividends to the owners in total.
Management
The shares are held by DEME Concessions Wind NV (51.1%), Socofe (24.5%) and WE Environnement (24.4%). It owns 12.5% of OTARY RS, 6.1% of OTARY BIS and 6% of RENTEL itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
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
Bert Devriendt
Director
since 2025 · until 2031
Kristof Van Loon
Director
since 2024 · until 2030
Shareholders
Establishments
Establishment units
Physical locations of this company
Scheldedijk 30
2070 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
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€ 395,401 gross margin · 2025
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€ 21.7 million revenue · 2025
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€ 731.2 million revenue · 2025
DEME Environmental same network
€ 165.8 million revenue · 2025
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.783.479
- VAT number
- BE 0468.783.479
- Registered office
- Scheldedijk 30, 2070 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- POWER@SEA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 1999
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
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