EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY

Q: What is the address of EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY?

The registered office of EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY is located at Spastraat 8, 1000 Brussel.

Q: Is EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY still active?

Yes. According to the CBE (18 September 2026) EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY is active, legal situation “Normale toestand”, started on 16 February 2009.

Q: Is EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY registered on Peppol?

Yes, EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY is registered on the Peppol network with ID 0208:0809819049.

Q: What is the enterprise number of EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY?

The enterprise number of EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY is BE0809819049.

Q: Who are the directors of EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY?

According to the 2025 annual accounts, the directors of EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY are: Tahir KAPETANOVIC, Enrico Maria CARLINI, Miguel DE LA TORRE RODRIGUEZ, Pascale FONCK, Kristin Lucie MUNTHE, Frank-Peter HANSEN, Marie BUDTZ, Damian Cortinas PRIETO.

Q: Is EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 February 2009; 5 annual accounts filed, latest fiscal year 2025; 13 directors known from the annual account.

Q: How much does an employee at EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY earn?

The average wage cost per full-time employee at EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY was € 131,300 in 2025: staff costs of € 22.5 million for 171.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Dossier EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY, printed on 18 September 2026 from databakkes.be/en/0809819049/european-network-of-transmission-system-operators-for-electricity. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

21 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY from Brussel, company number BE0809819049, closed financial year 2025 with a result of € -574,046 after tax. Compared with financial year 2024, the result moved from € 3.1 million to € -574,046. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Healthy

€ 16.8 million

▼ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -574,046

▼ still € 3.1 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 16.8 million

▼ 26% vs 2024

Cash and bank balances on the last day of the fiscal year.

People and assets in 2025

Full-time equivalents

171.7

▲ 19.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 44.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 22.5 million

▲ 13% vs 2024

€ 131,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 260,076

▼ 6% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 7.4 million

▲ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.

Taxes and wages

€ 5.2 million

▲ 8% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	€ 48,925 Revenue 2023: € 48,925 First fiscal year in the series	-	-
Profit after taxes	€ -3,367,761 Profit after taxes 2022: € -3,367,761 First fiscal year in the series	€ 2,903,843 Profit after taxes 2023: € 2,903,843 ▲ € 6.3 million vs 2022 (€ -3,367,761) Favourable step	€ 3,126,094 Profit after taxes 2024: € 3,126,094 ▲ 8% vs 2023 (€ 2,903,843) Favourable step	€ -574,046 Profit after taxes 2025: € -574,046 ▼ € 3.7 million vs 2024 (€ 3,126,094) Unfavourable step	▼ € 3.7 million
Equity	€ 11,331,774 Equity 2022: € 11,331,774 First fiscal year in the series	€ 14,235,617 Equity 2023: € 14,235,617 ▲ 26% vs 2022 (€ 11,331,774) Favourable step	€ 17,361,711 Equity 2024: € 17,361,711 ▲ 22% vs 2023 (€ 14,235,617) Favourable step	€ 16,787,665 Equity 2025: € 16,787,665 ▼ 3% vs 2024 (€ 17,361,711) Unfavourable step	▼ 3%
Total debts	€ 59,354,307 Total debts 2022: € 59,354,307 First fiscal year in the series	€ 60,291,898 Total debts 2023: € 60,291,898 ▲ 2% vs 2022 (€ 59,354,307) Unfavourable step	€ 61,302,668 Total debts 2024: € 61,302,668 ▲ 2% vs 2023 (€ 60,291,898) Unfavourable step	€ 64,124,985 Total debts 2025: € 64,124,985 ▲ 5% vs 2024 (€ 61,302,668) Unfavourable step	▲ 5%
Cash	€ 10,281,454 Cash 2022: € 10,281,454 First fiscal year in the series	€ 11,442,251 Cash 2023: € 11,442,251 ▲ 11% vs 2022 (€ 10,281,454) Favourable step	€ 22,666,930 Cash 2024: € 22,666,930 ▲ 98% vs 2023 (€ 11,442,251) Favourable step	€ 16,763,597 Cash 2025: € 16,763,597 ▼ 26% vs 2024 (€ 22,666,930) Unfavourable step	▼ 26%
Retained profit	€ 11,331,774 Retained profit 2022: € 11,331,774 First fiscal year in the series	€ 14,235,617 Retained profit 2023: € 14,235,617 ▲ 26% vs 2022 (€ 11,331,774) Favourable step	€ 17,361,711 Retained profit 2024: € 17,361,711 ▲ 22% vs 2023 (€ 14,235,617) Favourable step	€ 16,787,665 Retained profit 2025: € 16,787,665 ▼ 3% vs 2024 (€ 17,361,711) Unfavourable step	▼ 3%
Bank debt	€ 954,554 Bank debt 2022: € 954,554 First fiscal year in the series	€ 78,679 Bank debt 2023: € 78,679 ▼ 92% vs 2022 (€ 954,554) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 78,679) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 70,721,814 Balance sheet total 2022: € 70,721,814 First fiscal year in the series	€ 74,621,828 Balance sheet total 2023: € 74,621,828 ▲ 6% vs 2022 (€ 70,721,814) Unchanged	€ 78,867,493 Balance sheet total 2024: € 78,867,493 ▲ 6% vs 2023 (€ 74,621,828) Unchanged	€ 81,059,851 Balance sheet total 2025: € 81,059,851 ▲ 3% vs 2024 (€ 78,867,493) Unchanged	▲ 3%
Employees (FTE)	119.5 Employees (FTE) 2022: 119.5 First fiscal year in the series	134.5 Employees (FTE) 2023: 134.5 ▲ 15 vs 2022 (119.5) Unchanged	152.5 Employees (FTE) 2024: 152.5 ▲ 18 vs 2023 (134.5) Unchanged	171.7 Employees (FTE) 2025: 171.7 ▲ 19.2 vs 2024 (152.5) Unchanged	▲ 19.2

Key figures of EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY, 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 EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY?

What happened at EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Tahir KAPETANOVIC stepped down as director. NBB
2027 Enrico Maria CARLINI stepped down as director. NBB
2027 Miguel DE LA TORRE RODRIGUEZ stepped down as director. NBB
2027 Pascale FONCK stepped down as director. NBB
2027 Kristin Lucie MUNTHE stepped down as director. NBB
2027 Frank-Peter HANSEN stepped down as director. NBB
2027 Marie BUDTZ stepped down as director. NBB
2027 Damian Cortinas PRIETO stepped down as director. NBB

In short

From € 3.4 million loss in 2022 to € 574,046 loss in 2025.

Best year ever: 2024, with € 3.1 million profit.

Pays suppliers within 61 days on average.

Original PDFs at the National Bank ↗

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My folder 3 companies

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

Real filings at the National Bank

Management

Directors

According to the 2025 annual accounts

Tahir KAPETANOVIC

Director

since 2023 · until 2027

Enrico Maria CARLINI

Director

since 2023 · until 2027

Miguel DE LA TORRE RODRIGUEZ

Director

since 2023 · until 2027

Pascale FONCK

Director

since 2025 · until 2027

Kristin Lucie MUNTHE

Director

since 2024 · until 2027

Frank-Peter HANSEN

Director

since 2025 · until 2027

Marie BUDTZ

Director

since 2025 · until 2027

Damian Cortinas PRIETO

Chairman of the board

since 2023 · until 2027

Nell Elizabeth REIMANN

Director

since 2023 · until 2027

Alkisti FLOROU

Director

since 2026 · until 2027

Remigiusz WARZYWODA

Director

since 2023 · until 2027

Eleni CHARPANTIDOU

Director

since 2023 · until 2026

Michael KELLY

Director

since 2025 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Spastraat 8

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 21 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: 0809.819.049
VAT number: BE 0809.819.049
Registered office: Spastraat 8, 1000 Brussel
Names & denominations: EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY · ENTSO-E
Enterprise type: Rechtspersoon
Legal form: International non-profit association
Legal situation: Normale toestand
Start date: 16 February 2009
Peppol: Active · Active since 20 Nov 2020
Activities · NACE: Overige verenigingen, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY

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Financials

What happened to EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR ELECTRICITY?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

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