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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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EolSPI from Liège, company number BE0798649203, closed financial year 2025 with a result of € -373,679 after tax. For that financial year EolSPI recorded a gross margin of € 846,631 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -642,667 to € -373,679. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 1.1 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -373,679
▲ 42 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
Debts at end 2025
€ 9.5 million
Loans from banks and other lenders, long and short.
€ 773,530
▲ € 692,680 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,691
▲ 187% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -61,058 | € 545,291 | € 846,631 | ▲ 55% |
| Profit after taxes | € -371,726 | € -642,667 | € -373,679 | ▲ € 268,988 |
| Equity | € 2,128,274 | € 1,485,606 | € 1,111,927 | ▼ 25% |
| Total debts | € 11,734,862 | € 10,662,238 | € 12,091,284 | ▲ 13% |
| Cash | € 2,594,329 | € 77,425 | - | |
| Retained profit | € -371,726 | € -1,014,394 | € -1,388,073 | ▼ € 373,679 |
| Bank debt | € 9,500,000 | € 9,500,000 | € 9,500,000 | |
| Balance sheet total | € 13,863,136 | € 12,157,404 | € 13,234,714 | ▲ 9% |
Key figures of EolSPI, fiscal years 2023 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 EolSPI?
What happened at EolSPI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- François DESMARE stepped down as director. NBB
- Thierry BODSON stepped down as director. NBB
- Manon GRIGNET stepped down as director. NBB
- Damien LEONARD stepped down as director. NBB
- Valérie WAMPACH stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 373,679. Source: NBB ↗
- Lieselot DE MEYERE stepped down as director. NBB
- Damien LEONARD became a director. NBB
In short
From € 371,726 loss in 2023 to € 373,679 loss in 2025.
Management
The stake of Luminus, T4T comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EolSPIThe shares are held by Luminus (51%) and T4T (49%).
Directors
According to the 2025 annual accounts
François DESMARE
Director
since 2023 · until 2029
Thierry BODSON
Director
since 2023 · until 2029
Manon GRIGNET
Managing director
since 2023 · until 2029
Lieselot DE MEYERE
Chairman of the board
since 2023 · until 2025
Damien LEONARD
Director
since 2025 · until 2029
Valérie WAMPACH
Chairman of the board
since 2023 · until 2029
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Vertbois 11
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →ECETIA FINANCES
€ -516,288 gross margin · 2025
SPI
€ 20.8 million revenue · 2025
ECETIA INTERCOMMUNALE
€ 2.9 million revenue · 2025
SOCIETE DE RENOVATION ET D'ASSAINISSEMENT DES SITES INDUSTRIELS
€ 43,520 revenue · 2025
Maison de l'Urbanité
+10 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
- 0798.649.203
- VAT number
- BE 0798.649.203
- Registered office
- Rue du Vertbois 11, 4000 Liège
- Names & denominations
- EolSPI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2023
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Productie van elektriciteit uit hernieuwbare bronnen