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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NOSHAQ ENERGY from Liège, company number BE0794429604, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year NOSHAQ ENERGY recorded revenue of € 0 and equity of € 9.6 million. Compared with financial year 2024, the result moved from € -239,989 to € -1.7 million. The company made a loss. 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 December 17, 2025.
€ 9.6 million
▲ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ 601 % more loss than in 2024
Profit after tax over the fiscal year.
€ 197,493
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 521,861
▲ € 518,521 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1075 days on average.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 8,000 | € 0 | ▼ 100% |
| Profit after taxes | € -239,989 | € -1,681,973 | ▼ € 1.4 million |
| Equity | € 5,510,011 | € 9,578,038 | ▲ 74% |
| Total debts | € 275,842 | € 915,248 | ▲ 232% |
| Cash | € 765,132 | € 197,493 | ▼ 74% |
| Retained profit | € -239,989 | € -1,921,962 | ▼ € 1.7 million |
| Balance sheet total | € 5,785,853 | € 10,493,286 | ▲ 81% |
Key figures of NOSHAQ ENERGY, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to NOSHAQ ENERGY?
What happened at NOSHAQ ENERGY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jérôme HARDY stepped down as director. NBB
- Deborah Geradon stepped down as director. NBB
- Eric DEWINGAERDEN stepped down as director. NBB
- Joana WITHOFS stepped down as director. NBB
- Valérie SARETTO stepped down as director. NBB
- Henri LEMAITRE stepped down as director. NBB
- NETHYS SA stepped down as director. NBB
- Pascal CARLENS stepped down as director. NBB
In short
From € 239,989 loss in 2024 to € 1.7 million loss in 2025.
Management
The stake of NOSHAQ comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NOSHAQ ENERGYThe shares are held by NOSHAQ (100%). It owns 100% of UKKO ENERGY and 20.1% of MITIS itself.
Directors
According to the 2025 annual accounts
Jérôme HARDY
Director
Also active at: NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, NOSHAQ EUROPE 3, PISINOE, NOSHAQ EUROPE 4
since 2024 · until 2028
Deborah Geradon
Director
Also active at: PUBLILEC, CENTRE HOSPITALIER REGIONAL DE LA CITADELLE, Centre culturel communal de Seraing, NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, COOPERATIVE D'ETUDES, DE GESTION ET DE PARTICIPATION, NOSHAQ SPIN-OFFS +7 more
since 2025 · until 2028
Eric DEWINGAERDEN
Director
Also active at: NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, NOSHAQ EUROPE 3, NOSHAQ EUROPE 4
since 2022 · until 2028
since 2023 · until 2028
Valérie SARETTO
Vice-chairman of the board
Also active at: Qu4tre Liège Média, NOSHAQ, NOSHAQ IMMO, COLLECTIONS ET PATRIMOINES, NOSHAQ VENTURE, Agence locale pour l'Emploi de Liège, NOSHAQ SPIN-OFFS, NOSHAQ EUROPE 3 +4 more
since 2024 · until 2028
Henri LEMAITRE
Director
Also active at: AKT For Wallonia, NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, LEM INTERIM, HL NEXT, NOSHAQ SPIN-OFFS, NOSHAQ EUROPE 3 +3 more
since 2022 · until 2028
since 2022 · until 2025
Director · represented by DEMAL GRÉGORY
Also active at: NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, Luminus, NOSHAQ EUROPE 3, VOO S.A., VOO Holding +1 more
since 2023 · until 2028
Joyce WIECZOREK
Director
Also active at: NOSHAQ, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, JWi², Wallonie Entreprendre, NOSHAQ EUROPE 4
since 2022 · until 2025
Pascal CARLENS
Director
Also active at: NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, NOSHAQ EUROPE 3, AMERIGO, NOSHAQ EUROPE 4
since 2022 · until 2028
Matthieu DE WINTER
Director
Also active at: NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, NOSHAQ EUROPE 3
since 2023 · until 2025
since 2023 · until 2024
Nicolas DUMAZY
Director
Also active at: SOCIETE LIEGEOISE DE MICRO - INFORMATIQUE, NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, IMA BENELUX, Computerland Benelux, NOSHAQ EUROPE 3 +4 more
since 2022 · until 2028
Sylvie Rouche
Director
Also active at: NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, NOSHAQ EUROPE 3, NOSHAQ EUROPE 4
since 2025 · until 2028
Fabian CULOT
Director
Also active at: ENODIA, NOSHAQ, NOSHAQ IMMO, NOSHAQ EUROPE 3, LEXING – BELGIUM
since 2022 · until 2024
Christophe LECLERCQ
Director
Also active at: NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, LEANSQUARE, NOSHAQ EUROPE 3, NOSHAQ EUROPE 4
since 2022 · until 2028
Jean-Christophe PETERKENNE
Director
Also active at: NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, NOSHAQ EUROPE 3, NOSHAQ EUROPE 4
since 2022 · until 2028
Jean-Michel JAVAUX
Chairman of the board
Also active at: CENTRE HOSPITALIER REGIONAL DE HUY, NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, PUBLIGAS, Union des Villes et Communes de Wallonie, NOSHAQ SPIN-OFFS, IMMOBILIERE DU STANDARD DE LIEGE +5 more
since 2022 · until 2028
Christine DEFRAIGNE
Director
Also active at: NOSHAQ, NOSHAQ IMMO, NOSHAQ VENTURE, NOSHAQ SPIN-OFFS, NOSHAQ EUROPE 3, NOSHAQ EUROPE 4
since 2024 · until 2028
Shareholders
100%
Participations
100%
20.1%
Establishments
Establishment units
Physical locations of this company
Rue Lambert-Lombard 3
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →CAUTION MUTUELLE DES METIERS ET NEGOCES
SOGECOM
€ -151,456 gross margin · 2025
NOSHAQ same network
€ 9 million revenue · 2025
NOSHAQ IMMO same network
€ 2.6 million revenue · 2025
NOSHAQ VENTURE same network
€ 89,352 revenue · 2025
+30 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
- 0794.429.604
- VAT number
- BE 0794.429.604
- Registered office
- Rue Lambert-Lombard 3, 4000 Liège
- Names & denominations
- NOSHAQ ENERGY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2022
- Peppol
- Active · Active since 10 Oct 2025
- Contact
- [email protected] +3242216211
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige kredietverstrekking n.e.g.
Overige financiële dienstverlening, neg
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