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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
CORDEEL-ENECO-SOLAR from Gent, company number BE0818652086, closed financial year 2026 with a result of € 82,959 after tax. For that financial year CORDEEL-ENECO-SOLAR recorded a gross margin of € 196,377 and equity of € 188,734. Compared with financial year 2025, the result moved from € 43,757 to € 82,959. 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 October 2, 2026.
€ 188,734
▲ 78% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,959
▲ 90% vs 2025
Profit after tax over the fiscal year.
€ 84,639
▼ 1% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 127,234.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 9,797
▼ 47% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 7,721
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 268,138 | € 221,990 | € 176,851 | € 196,377 | ▲ 11% |
| Profit after taxes | € 77,520 | € 72,227 | € 43,757 | € 82,959 | ▲ 90% |
| Equity | € 159,791 | € 142,018 | € 105,775 | € 188,734 | ▲ 78% |
| Total debts | € 391,031 | € 364,085 | € 204,906 | € 33,551 | ▼ 84% |
| Cash | € 134,691 | € 187,053 | € 85,773 | € 84,639 | ▼ 1% |
| Retained profit | € 98,291 | € 80,518 | € 44,275 | € 127,234 | ▲ 187% |
| Dividend | € 0 | € 90,000 | € 80,000 | € 0 | ▼ 100% |
| Bank debt | € 382,206 | € 245,330 | € 102,030 | € 0 | ▼ 100% |
| Balance sheet total | € 670,423 | € 635,151 | € 449,176 | € 370,355 | ▼ 18% |
Key figures of CORDEEL-ENECO-SOLAR, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to CORDEEL-ENECO-SOLAR?
What happened at CORDEEL-ENECO-SOLAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ivan Vos stepped down as director. NBB
- BV Nova LaGa stepped down as director. NBB
- Eneco Solar Belgium NV stepped down as director. NBB
- Eneco Solar BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 82,959 (▲ 90% vs 2025). Source: NBB ↗
- Paul Minjauw stepped down as director. NBB
- Ivan Vos became a director. NBB
- BV Nova LaGa became a director. NBB
In short
From € 77,520 profit in 2023 to € 82,959 profit in 2026.
Paid € 105,250 in corporate taxes since 2023.
Best year ever: 2026, with € 82,959 profit.
Paid out € 170,000 in dividends to the owners in total.
Management
The shares are held by Eneco Solar BV (50.2%) and Cordeel Zetel Hoeselt NV (49.8%).
Directors
According to the 2026 annual accounts
Eneco Solar BV
Director · represented by Erwin Leeuwis
Also active at: ENECO SOLAR INVEST 2, SOLAR PANELS BRUSSELS, Ecorus Invest III, SMART ENERGY INVEST, SMART HOLDING, ENECO SOLAR BELGIUM, ENECO SOLAR ENERGY, SOLAERCO ANTWERPEN +1 more
since 2020 · until 2026
Director · represented by Laurence Gacoin
Also active at: C-FIRE, C-LIVING, SOBELTEC, IMMO MOTCHES, C-Energy, VITA HORECA TEMSE, CORDEEL GROUP, VLAECO +37 more
since 2022 · until 2028
Paul Minjauw
Director
Also active at: ENECO SOLAR INVEST 2, SOLAR PANELS BRUSSELS, Ecorus Invest III, SMART ENERGY INVEST, SMART HOLDING, ENECO SOLAR BELGIUM, ENECO SOLAR ENERGY, SOLAERCO ANTWERPEN +2 more
since 2020 · until 2026
Director · represented by Iwein Goigne
Also active at: ENECO SOLAR INVEST 2, Organisatie voor Duurzame Energie-Vlaanderen, SOLAR PANELS BRUSSELS, Ecorus Invest III, SMART ENERGY INVEST, SMART HOLDING, ENECO SOLAR ENERGY, SOLAERCO ANTWERPEN +1 more
since 2022 · until 2028
Ivan Vos
Director
since 2023 · until 2029
Shareholders
Eneco Solar BV
50.2%
49.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Poortakkerstraat 25
9051 Gent
Industrielaan 18
3730 Bilzen-Hoeselt
Active since 17 September 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →ENECO SOLAR INVEST 2 same network
€ 2.3 million gross margin · 2026
SOLAR PANELS BRUSSELS same network
€ 10,352 gross margin · 2026
Ecorus Invest III same network
€ 209,153 gross margin · 2026
SMART ENERGY INVEST same network
€ 1.2 million gross margin · 2026
SMART HOLDING same network
€ -4,254 gross margin · 2026
+4 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
- 0818.652.086
- VAT number
- BE 0818.652.086
- Registered office
- Poortakkerstraat 25, 9051 Gent
- Names & denominations
- CORDEEL-ENECO-SOLAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 2009
- Peppol
- Not registered
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit