What does Gentse Warmte Centrale do?

Gentse Warmte Centrale is an energy company in Mechelen. Public Limited, started on 23 July 2013, 1 establishment.

What is the address of Gentse Warmte Centrale?

The registered office of Gentse Warmte Centrale is located at Bedrijvenlaan 1, 2800 Mechelen.

Is Gentse Warmte Centrale still active?

Yes. According to the CBE (30 October 2026) Gentse Warmte Centrale is active, legal situation “Normale toestand”, started on 23 July 2013.

Is Gentse Warmte Centrale registered on Peppol?

Yes, Gentse Warmte Centrale is registered on the Peppol network with ID 0208:0536885793.

What is the enterprise number of Gentse Warmte Centrale?

The enterprise number of Gentse Warmte Centrale is BE0536885793.

When was Gentse Warmte Centrale founded?

Gentse Warmte Centrale was founded on 23 July 2013.

Who are the directors of Gentse Warmte Centrale?

According to the 2025 annual accounts, the directors of Gentse Warmte Centrale are: Gaetan Moussiaux, Egan Archer, Joanne Fiskerson, Gantis BV.

Is Gentse Warmte Centrale a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 July 2013; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Gentse Warmte Centrale make in 2025?

Gentse Warmte Centrale posted a profit after taxes of € 22,439,782 in financial year 2025.

What is the revenue of Gentse Warmte Centrale?

In its most recent annual accounts (2025), Gentse Warmte Centrale reported revenue of € 12,192,152.

Gentse Warmte Centrale (Public Limited) - Mechelen

Dossier Gentse Warmte Centrale, printed on 30 October 2026 from databakkes.be/en/0536885793/gentse-warmte-centrale. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 3 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Gentse Warmte Centrale from Mechelen, company number BE0536885793, closed financial year 2025 with a result of € 22.4 million after tax. For that financial year Gentse Warmte Centrale recorded revenue of € 12.2 million and equity of € -13.3 million. Compared with financial year 2024, the result moved from € -22.1 million to € 22.4 million. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.

What it is worth Caution

€ -13.3 million

▲ € 22.4 million vs 2024

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

Profit Growing

€ 22.4 million

▲ still € 22.1 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 329,944

▲ 73% 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 € -20.9 million.

Debts at end 2025

Bank debt ≈ 7 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.

€ 108.1 million

▲ 4% vs 2024

€ 15.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 5.2 million

▼ 35% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 141 days on average.

Taxes

€ 7.9 million

▲ 24% 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)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 24,542,850 Revenue 2022: € 24,542,850 First fiscal year in the series	€ 11,697,923 Revenue 2023: € 11,697,923 ▼ 52% vs 2022 (€ 24,542,850) Unfavourable step	€ 9,480,000 Revenue 2024: € 9,480,000 ▼ 19% vs 2023 (€ 11,697,923) Unfavourable step	€ 12,192,152 Revenue 2025: € 12,192,152 ▲ 29% vs 2024 (€ 9,480,000) Favourable step	▲ 29%
Profit after taxes	€ 537,716 Profit after taxes 2022: € 537,716 First fiscal year in the series	€ -19,163,201 Profit after taxes 2023: € -19,163,201 ▼ € 19.7 million vs 2022 (€ 537,716) Unfavourable step	€ -22,143,067 Profit after taxes 2024: € -22,143,067 ▼ € 3 million vs 2023 (€ -19,163,201) Unfavourable step	€ 22,439,782 Profit after taxes 2025: € 22,439,782 ▲ € 44.6 million vs 2024 (€ -22,143,067) Favourable step	▲ € 44.6 million
Equity	€ 3,562,591 Equity 2022: € 3,562,591 First fiscal year in the series	€ -15,600,610 Equity 2023: € -15,600,610 ▼ € 19.2 million vs 2022 (€ 3,562,591) Unfavourable step	€ -35,743,677 Equity 2024: € -35,743,677 ▼ € 20.1 million vs 2023 (€ -15,600,610) Unfavourable step	€ -13,303,895 Equity 2025: € -13,303,895 ▲ € 22.4 million vs 2024 (€ -35,743,677) Favourable step	▲ € 22.4 million
Total debts	€ 114,663,691 Total debts 2022: € 114,663,691 First fiscal year in the series	€ 122,559,430 Total debts 2023: € 122,559,430 ▲ 7% vs 2022 (€ 114,663,691) Unfavourable step	€ 128,980,467 Total debts 2024: € 128,980,467 ▲ 5% vs 2023 (€ 122,559,430) Unfavourable step	€ 135,888,034 Total debts 2025: € 135,888,034 ▲ 5% vs 2024 (€ 128,980,467) Unfavourable step	▲ 5%
Cash	€ 11,794,328 Cash 2022: € 11,794,328 First fiscal year in the series	€ 730,299 Cash 2023: € 730,299 ▼ 94% vs 2022 (€ 11,794,328) Unfavourable step	€ 190,387 Cash 2024: € 190,387 ▼ 74% vs 2023 (€ 730,299) Unfavourable step	€ 329,944 Cash 2025: € 329,944 ▲ 73% vs 2024 (€ 190,387) Favourable step	▲ 73%
Retained profit	€ -2,069,614 Retained profit 2022: € -2,069,614 First fiscal year in the series	€ -21,232,815 Retained profit 2023: € -21,232,815 ▼ € 19.2 million vs 2022 (€ -2,069,614) Unfavourable step	€ -43,375,882 Retained profit 2024: € -43,375,882 ▼ € 22.1 million vs 2023 (€ -21,232,815) Unfavourable step	€ -20,936,100 Retained profit 2025: € -20,936,100 ▲ € 22.4 million vs 2024 (€ -43,375,882) Favourable step	▲ € 22.4 million
Bank debt	€ 106,991,805 Bank debt 2022: € 106,991,805 First fiscal year in the series	€ 99,454,572 Bank debt 2023: € 99,454,572 ▼ 7% vs 2022 (€ 106,991,805) Favourable step	€ 104,140,578 Bank debt 2024: € 104,140,578 ▲ 5% vs 2023 (€ 99,454,572) Unfavourable step	€ 108,140,574 Bank debt 2025: € 108,140,574 ▲ 4% vs 2024 (€ 104,140,578) Unfavourable step	▲ 4%
Balance sheet total	€ 118,226,282 Balance sheet total 2022: € 118,226,282 First fiscal year in the series	€ 106,958,819 Balance sheet total 2023: € 106,958,819 ▼ 10% vs 2022 (€ 118,226,282) Unchanged	€ 93,236,790 Balance sheet total 2024: € 93,236,790 ▼ 13% vs 2023 (€ 106,958,819) Unchanged	€ 122,584,140 Balance sheet total 2025: € 122,584,140 ▲ 31% vs 2024 (€ 93,236,790) Unchanged	▲ 31%

Key figures of Gentse Warmte Centrale, 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 Gentse Warmte Centrale?

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

2031 Gaetan Moussiaux stepped down as director. NBB
2031 Egan Archer stepped down as director. NBB
2031 Joanne Fiskerson stepped down as director. NBB
2031 Gantis BV stepped down as director. NBB
Jul 23, 2026 New annual accounts for financial year 2025: profit of € 22.4 million. Source: NBB ↗
2025 Gaetan Moussiaux became a director. NBB
2025 Egan Archer became a director. NBB
2025 Joanne Fiskerson became a director. NBB

In short

From € 537,716 profit in 2022 to € 22.4 million profit in 2025.

Paid € 1.6 million in corporate taxes since 2022.

Best year ever: 2025, with € 22.4 million profit.

Pays suppliers within 141 days on average.

Original PDFs at the National Bank ↗

Management

BELGIAN ECO ENERGY 50%

The stake of BELGIAN ECO ENERGY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Gentse Warmte Centrale

The shares are held by BELGIAN ECO ENERGY (50%).

Directors

According to the 2025 annual accounts

Gaetan Moussiaux

Director

since 2025 · until 2031

Egan Archer

Director

since 2025 · until 2031

Joanne Fiskerson

Director

since 2025 · until 2031

Gantis BV

Director · represented by Michael Corten

Also active at: BELGIAN ECO ENERGY

since 2025 · until 2031

Shareholders

BELGIAN ECO ENERGY

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Bedrijvenlaan 1

2800 Mechelen

2.221.551.210

John Kennedylaan 29 box B

9042 Gent

Active since 23 July 2013

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

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Encorta Steam Ghent

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

Details

Company number

0536.885.793

VAT number

BE 0536.885.793

Registered office

Bedrijvenlaan 1, 2800 Mechelen

Names & denominations

Gentse Warmte Centrale · GWC

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

23 July 2013

Peppol

Active · Active since 12 Sept 2025

Activities · NACE

Productie van elektriciteit uit niet-hernieuwbare bronnen

Distributie van gasvormige brandstoffen via leidingen

Handel in elektriciteit

Productie van gas

Handel in gas via leidingen

View on CBE Public ↗ Annual accounts (NBB) ↗

Gentse Warmte Centrale

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Financials

What happened to Gentse Warmte Centrale?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions