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 15 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
OCARINA ENERGY from Ukkel, company number BE0771458123, closed financial year 2025 with a result of € 17.8 million after tax. For that financial year OCARINA ENERGY recorded revenue of € 199,006 and equity of € 72.7 million. Compared with financial year 2024, the result moved from € 2 million to € 17.8 million. 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 June 11, 2026.
€ 72.7 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17.8 million
▲ € 15.8 million vs 2024
Profit after tax over the fiscal year.
€ 271,814
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5.3 million paid out
30 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 61,983
▲ € 54,374 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 93 days on average.
€ 71,969
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 117,479 | € 128,028 | € 188,113 | € 199,006 | ▲ 6% |
| Profit after taxes | € -665,736 | € 38,098 | € 1,950,836 | € 17,750,757 | ▲ € 15.8 million |
| Equity | € 58,232,058 | € 58,270,156 | € 60,220,991 | € 72,671,748 | ▲ 21% |
| Total debts | € 26,854,452 | € 24,123,591 | € 15,980,715 | € 5,433,952 | ▼ 66% |
| Cash | € 57,228 | € 963,076 | € 1,723,481 | € 271,814 | ▼ 84% |
| Retained profit | € -665,736 | € -627,638 | € 1,323,197 | € 13,773,954 | ▲ € 12.5 million |
| Dividend | € 0 | € 0 | € 0 | € 5,300,000 | |
| Bank debt | € 26,780,913 | € 23,773,927 | € 15,760,721 | € 0 | ▼ 100% |
| Balance sheet total | € 85,086,510 | € 82,393,746 | € 76,201,706 | € 78,105,700 | ▲ 2% |
Key figures of OCARINA ENERGY, 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 OCARINA ENERGY?
What happened at OCARINA ENERGY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TTR ENERGY FRANCE stepped down as director. NBB
- Patronale Life SA stepped down as director. NBB
- Jean-Marc MAYEUR stepped down as director. NBB
- TTR ENERGY SA stepped down as director. NBB
- STRATODEV SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 17.8 million (▲ € 15.8 million vs 2024). Source: NBB ↗
- TTR ENERGY FRANCE became a director. NBB
- Patronale Life SA became a director. NBB
In short
From € 665,736 loss in 2022 to € 17.8 million profit in 2025.
Paid € 70,215 in corporate taxes since 2022.
Best year ever: 2025, with € 17.8 million profit.
Paid out € 5.3 million in dividends to the owners in total.
Management
The stake of TTR ENERGY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OCARINA ENERGYThe shares are held by TTR ENERGY (11.3%). It owns 100% of Goudelancourt Eolien SAS, 100% of Blanc Mont SAS, 100% of CEF Renneville, 100% of Eole Source de la Sensée, 100% of Eole Arrouaise and 100% of OCARINA DEVELOPPEMENT SAS itself.
Directors
According to the 2025 annual accounts
Director · represented by MOEYKENS Filip
Also active at: MANUGENIE, HYPOSTART, INDOMI, SOCODIX DE HAARD CVBA, GEWESTELIJKE MAATSCHAPPIJ VOOR HUISVESTINGSKREDIET - SOCIETE REGIONALE DE CREDIT AU LOGEMENT, Demer en Dijle, Gearless Windpower, IRENE III +33 more
since 2021 · until 2027
Jean-Marc MAYEUR
Director
Also active at: CAMPUS KOEKELBERG, FSA Holding, SIMICA, scheutbosch, CLOS MOLIERE
since 2021 · until 2027
Director · represented by Veldekens Pauline
since 2023 · until 2028
Managing director · represented by DE POTTER Gauthier
Also active at: TTR Invest, Polaris Energy
since 2021 · until 2027
Director · represented by GILAIN Christophe
Owns 5.7% via TTR ENERGY
Also active at: TTR Belgium Management, TTR Belgium Services, TTR ENERGY
since 2021 · until 2027
Shareholders
TTR ENERGY · holding of STRATODEV SA
11.3%
Participations
Goudelancourt Eolien SAS
100%
Blanc Mont SAS
100%
100%
Eole Source de la Sensée
100%
Eole Arrouaise
100%
OCARINA DEVELOPPEMENT SAS
100%
100%
Eole brie Champenoise
99.9%
Eole Renneville
98%
Establishments
Establishment units
Physical locations of this company
Alsembergsesteenweg 993
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →Fédération bruxelloise de l'Urbanisme - Brusselse Federatie voor Stedebouw
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+19 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
- 0771.458.123
- VAT number
- BE 0771.458.123
- Registered office
- Alsembergsesteenweg 993, 1180 Ukkel
- Names & denominations
- OCARINA ENERGY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2021
- Peppol
- Active · Active since 23 Oct 2025
- Activities · NACE
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