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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
EnDev-R from Mechelen, company number BE0697650031, closed financial year 2026 with a result of € 230,328 after tax. For that financial year EnDev-R recorded revenue of € 786,946 and equity of € 2.4 million. Compared with financial year 2025, the result moved from € 131,443 to € 230,328. Profitable, and profit is growing. 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 October 2, 2026.
€ 2.4 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 230,328
▲ 75% vs 2025
Profit after tax over the fiscal year.
€ 1.3 million
▼ 13% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
87 % of the profit went to the shareholders, mostly to ENECO WIND BELGIUM NV (50 % of the shares). That is where the money ends up.
Debts at end 2026
€ 1.3 million
▼ 24% vs 2025
€ 387,120 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 25,681
▼ 25% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.
€ 89,396
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 1,564,176 | € 2,207,647 | € 789,381 | € 786,946 | |
| Profit after taxes | € 341,260 | € 967,136 | € 131,443 | € 230,328 | ▲ 75% |
| Equity | € 1,778,740 | € 2,385,875 | € 2,357,319 | € 2,387,646 | ▲ 1% |
| Total debts | € 3,022,571 | € 2,853,645 | € 1,850,448 | € 1,581,436 | ▼ 15% |
| Cash | € 1,272,488 | € 2,393,112 | € 1,534,380 | € 1,328,274 | ▼ 13% |
| Retained profit | € 139,260 | € 746,395 | € 717,839 | € 748,166 | ▲ 4% |
| Dividend | € 240,000 | € 360,000 | € 160,000 | € 200,000 | ▲ 25% |
| Bank debt | € 2,419,501 | € 2,032,381 | € 1,645,261 | € 1,258,141 | ▼ 24% |
| Balance sheet total | € 4,858,945 | € 5,310,987 | € 4,293,065 | € 4,068,213 | ▼ 5% |
Key figures of EnDev-R, 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 EnDev-R?
What happened at EnDev-R in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Lambrecht stepped down as director. NBB
- Denis Obbels stepped down as director. NBB
- ENECO WIND BELGIUM NV stepped down as director. NBB
- REALFI BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 230,328 (▲ 75% vs 2025). Source: NBB ↗
- Philippe Lambrecht became a director. NBB
- Denis Obbels became a director. NBB
- ENECO WIND BELGIUM NV became a director. NBB
In short
From € 341,260 profit in 2023 to € 230,328 profit in 2026.
Paid € 577,555 in corporate taxes since 2023.
Best year ever: 2024, with € 967,136 profit.
Paid out € 960,000 in dividends to the owners in total.
Management
The shares are held by ENECO WIND BELGIUM NV (50%), DENDERSTROOM CV (12.5%), CAMPINA ENERGIE CV (12.5%), VLASKRACHT CVBA (12.5%) and STROOMVLOED WIND BV (12.5%).
Directors
According to the 2026 annual accounts
Philippe Lambrecht
Director
since 2022 · until 2028
Denis Obbels
Director
since 2022 · until 2028
Director · represented by Erwin Leeuwis
Also active at: LES VENTS DE L'ORNOI, Boreas Wind Offshore, PAMPERO WIND, BAYAMO WIND, NEWCASTLE WIND, MELTEMI WIND, HEGOA WIND, ZEPHIROS +12 more
since 2022 · until 2028
Managing director · represented by Miguel de Schaetzen
Also active at: ENECO WIND BELGIUM, LES VENTS DE L'ORNOI, SeaMade, LIBECCIO I, Boreas Wind Offshore, PAMPERO WIND, BAYAMO WIND, NORTH SEA WAVE +14 more
since 2018 · until 2028
Shareholders
12.5%
12.5%
12.5%
12.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Blarenberglaan 2 C
2800 Mechelen
Blarenberglaan 2C
2800 Mechelen
Active since 5 June 2018
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0697.650.031
- VAT number
- BE 0697.650.031
- Registered office
- Blarenberglaan 2 C, 2800 Mechelen
- Names & denominations
- EnDev-R
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2018
- Peppol
- Not registered
- Contact
- [email protected]
- Activities · NACE
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