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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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Conquest4Wind P5 from Brussel, company number BE0697691997, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year Conquest4Wind P5 recorded revenue of € 8.1 million and equity of € 13.1 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1.9 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ 13.1 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 12.1 million.
Debts at end 2025
€ 49.8 million
▼ 8% vs 2024
€ 4.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 969,702
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 190 days on average.
€ 423,592
▲ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,735,954 | € 16,981,430 | € 7,936,995 | € 8,129,343 | ▲ 2% |
| Profit after taxes | € 3,987,757 | € 8,504,215 | € 1,484,931 | € 1,926,687 | ▲ 30% |
| Equity | € 1,189,440 | € 9,693,655 | € 11,178,585 | € 13,105,272 | ▲ 17% |
| Total debts | € 68,175,503 | € 60,444,735 | € 56,596,196 | € 51,149,794 | ▼ 10% |
| Cash | € 6,201,718 | € 6,667,265 | € 3,525,051 | € 2,105,346 | ▼ 40% |
| Retained profit | € 189,440 | € 8,693,655 | € 10,178,585 | € 12,105,272 | ▲ 19% |
| Dividend | € 3,900,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 63,305,500 | € 58,785,300 | € 54,297,000 | € 49,756,500 | ▼ 8% |
| Balance sheet total | € 69,632,343 | € 70,531,789 | € 68,294,182 | € 64,900,466 | ▼ 5% |
Key figures of Conquest4Wind P5, 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 Conquest4Wind P5?
What happened at Conquest4Wind P5 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lionel MATTHYSEN stepped down as director. NBB
- Stéphane WATTEZ-RICHARD stepped down as director. NBB
- Javier LECUMBERRI stepped down as director. NBB
- Nicolas Van den Abeele stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.9 million (▲ 30% vs 2024). Source: NBB ↗
- Stéphane WATTEZ-RICHARD became a director. NBB
- Javier LECUMBERRI became a director. NBB
- Nicolas Van den Abeele became a director. NBB
In short
From € 4 million profit in 2022 to € 1.9 million profit in 2025.
Paid € 3.6 million in corporate taxes since 2022.
Best year ever: 2023, with € 8.5 million profit.
Paid out € 3.9 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Conquest Reye Invest II BVBA (51%) and Electrabel NV (49%).
Directors
According to the 2025 annual accounts
Lionel MATTHYSEN
Director
Also active at: LES VENTS DE L'ORNOI, STERRES, Seagull I, LES VENTS DE PERWEZ
since 2018 · until 2028
Stéphane WATTEZ-RICHARD
Director
since 2024 · until 2028
Javier LECUMBERRI
Director
since 2024 · until 2028
since 2024 · until 2028
Shareholders
Conquest Reye Invest II BVBA
51%
49%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Simon Bolivarlaan 36
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →Union financière et industrielle
ENGIE ENERGY SERVICES INTERNATIONAL
BELGONUCLEAIRE
ELECTRABEL same network
€ 13.1 billion revenue · 2025
INTERNATIONAL POWER
€ 33.4 million revenue · 2024
+38 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
- 0697.691.997
- VAT number
- BE 0697.691.997
- Registered office
- Simon Bolivarlaan 36, 1000 Brussel
- Names & denominations
- Conquest4Wind P5
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2018
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Handel in elektriciteit
Productie van elektriciteit uit niet-hernieuwbare bronnen