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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
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Busy address KBO
87 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 2024
European Distributed Energy Assets BE from Brussel, company number BE0794156123, closed financial year 2024 with a result of € -112,115 after tax. For that financial year European Distributed Energy Assets BE recorded a gross margin of € 300,962 and equity of € -124,574. Compared with financial year 2023, the result moved from € -22,459 to € -112,115. The company made a loss. 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 22, 2025.
€ -124,574
▼ € 112,115 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -112,115
▼ 399 % more loss than in 2023
Profit after tax over the fiscal year.
€ 133,900
▼ 80% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -134,574.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 3.4 million
▲ 126% vs 2023
Loans from banks and other lenders, long and short.
€ 4,746
▼ € 1.4 million vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 10,243
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 40,096 | € 300,962 | ▲ € 260,867 |
| Profit after taxes | € -22,459 | € -112,115 | ▼ € 89,656 |
| Equity | € -12,459 | € -124,574 | ▼ € 112,115 |
| Total debts | € 3,145,402 | € 3,382,307 | ▲ 8% |
| Cash | € 684,014 | € 133,900 | ▼ 80% |
| Retained profit | € -22,459 | € -134,574 | ▼ € 112,115 |
| Bank debt | € 1,488,340 | € 3,367,318 | ▲ 126% |
| Balance sheet total | € 3,132,943 | € 3,257,734 | ▲ 4% |
Key figures of European Distributed Energy Assets BE, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to European Distributed Energy Assets BE?
What happened at European Distributed Energy Assets BE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 112,115. Source: NBB ↗
- Petter Ulset became a director. NBB
- Lars Ekeland stepped down as director. NBB
- Sabrina Vissenaekens stepped down as director. NBB
- Sabrina Vissenaekens became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- Lars Ekeland became a director. NBB
In short
From € 22,459 loss in 2023 to € 112,115 loss in 2024.
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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
Behind European Distributed Energy Assets BE is Petter Ulset. Petter Ulset is also behind Otovo BE.
Establishments
Establishment units
Physical locations of this company
Koning Albert II-laan 4
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 87 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0794.156.123
- VAT number
- BE 0794.156.123
- Registered office
- Koning Albert II-laan 4, 1000 Brussel
- Names & denominations
- European Distributed Energy Assets BE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2022
- Peppol
- Not registered
- Activities · NACE
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