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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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
Boreas Wind Offshore from Wavre, company number BE0661904541, closed financial year 2026 with a result of € 19.6 million after tax. Compared with financial year 2025, the result moved from € 36.9 million to € 19.6 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 September 8, 2026.
€ 112.8 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19.6 million
▼ 47% vs 2025
Profit after tax over the fiscal year.
€ 18.6 million paid out
95 % of the profit went to the shareholders, mostly to ENECO WIND BELGIUM SA (100 % of the shares). That is where the money ends up.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 9,081
▲ 170% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 277 days on average.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Profit after taxes | € 19,133,127 | € 38,393,652 | € 36,886,307 | € 19,586,605 | ▼ 47% |
| Equity | € 107,881,738 | € 109,880,389 | € 111,766,696 | € 112,803,301 | ▲ 1% |
| Total debts | € 18,407,500 | € 36,401,000 | € 35,003,360 | € 18,559,081 | ▼ 47% |
| Retained profit | € 3,303,238 | € 5,301,889 | € 7,188,196 | € 8,224,801 | ▲ 14% |
| Dividend | € 18,400,000 | € 36,395,000 | € 35,000,000 | € 18,550,000 | ▼ 47% |
| Balance sheet total | € 126,289,238 | € 146,281,389 | € 146,770,056 | € 131,362,381 | ▼ 10% |
Key figures of Boreas Wind Offshore, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Boreas Wind Offshore?
What happened at Boreas Wind Offshore in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 19.6 million (▼ 47% vs 2025). Source: NBB ↗
- Stijn Delauré stepped down as director. NBB
- ENECO bv S. Etr. stepped down as director. NBB
- ENECO WIND BELGIUM SA stepped down as director. NBB
- REALFI SRL stepped down as director. NBB
- Stijn Delauré became a director. NBB
- ENECO bv S. Etr. became a director. NBB
- ENECO WIND BELGIUM SA became a director. NBB
In short
From € 19.1 million profit in 2023 to € 19.6 million profit in 2026.
Best year ever: 2024, with € 38.4 million profit.
Paid out € 108.3 million in dividends to the owners in total.
Management
The shares are held by ENECO WIND BELGIUM SA (100%). It owns 50% of NORTHER itself.
Directors
According to the 2026 annual accounts
since 2024 · until 2026
ENECO bv S. Etr.
Director · represented by Remco STREPPEL
Also active at: ENECO WIND BELGIUM, ENECO WIND BELGIUM HOLDING
since 2021 · until 2026
Director · represented by Patrick Daoust
Also active at: LES VENTS DE L'ORNOI, PAMPERO WIND, EnDev-R, BAYAMO WIND, NEWCASTLE WIND, MELTEMI WIND, HEGOA WIND, ZEPHIROS +12 more
since 2021 · until 2026
Director · represented by Miguel de Schaetzen
Also active at: ENECO WIND BELGIUM, LES VENTS DE L'ORNOI, SeaMade, LIBECCIO I, PAMPERO WIND, EnDev-R, BAYAMO WIND, NORTH SEA WAVE +14 more
since 2016 · until 2026
Shareholders
Participations
50%
Establishments
Establishment units
Physical locations of this company
Chaussée de Huy 120 box A
1300 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →INTERNATIONAL ORE ET FERTILIZER BELGIUM
€ 303.1 million revenue · 2025
C.I.S. Trading
€ 83,710 gross margin · 2025
ENECO WIND BELGIUM same network
€ 15.1 million revenue · 2025
LES VENTS DE L'ORNOI same network
€ 843,944 revenue · 2026
HEGOA WIND same network
€ 5.5 million revenue · 2025
+8 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
- 0661.904.541
- VAT number
- BE 0661.904.541
- Registered office
- Chaussée de Huy 120 bus A, 1300 Wavre
- Names & denominations
- Boreas Wind Offshore · BWO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 2016
- Peppol
- Not registered
- Contact
- [email protected]