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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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR GAS from Brussel, company number BE0822653040, closed financial year 2025 with a result of € 160,811 after tax. For that financial year EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR GAS recorded a gross margin of € 1.6 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € -226,430 to € 160,811. 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 June 8, 2026.
€ 1.4 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 160,811
▲ still € 226,430 loss in 2024
Profit after tax over the fiscal year.
€ 2.7 million
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
12.5
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 8% vs 2024
€ 115,200 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.
€ 55,369
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 231,389
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 150,777
▲ 12% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,626,533 | € 1,223,866 | € 1,363,260 | € 1,633,673 | ▲ 20% |
| Profit after taxes | € -486,558 | € -247,598 | € -226,430 | € 160,811 | ▲ € 387,241 |
| Equity | € 1,687,189 | € 1,439,591 | € 1,213,161 | € 1,373,971 | ▲ 13% |
| Total debts | € 1,116,449 | € 1,249,663 | € 1,270,535 | € 1,560,457 | ▲ 23% |
| Cash | € 2,506,194 | € 2,339,084 | € 2,214,370 | € 2,723,657 | ▲ 23% |
| Retained profit | € 1,067,297 | € 819,699 | € 593,269 | € 754,079 | ▲ 27% |
| Balance sheet total | € 2,803,638 | € 2,689,254 | € 2,483,695 | € 2,934,428 | ▲ 18% |
| Employees (FTE) | 14.8 | 11.3 | 11.4 | 12.5 | ▲ 1.1 |
Key figures of EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR GAS, 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 GAS?
What happened at EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR GAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 160,811. Source: NBB ↗
- Jeroen Zanting became a director. NBB
- Kia Jerichau became a director. NBB
- Matthias Jenn became a director. NBB
- Matija Bitenc became a director. NBB
- Valerie Hackl became a director. NBB
- Robert Bosnjak became a director. NBB
- Karolina Golonka became a director. NBB
In short
From € 486,558 loss in 2022 to € 160,811 profit in 2025.
Paid € 4,919 in corporate taxes since 2022.
Best year ever: 2025, with € 160,811 profit.
On average € 130,700 of value added per employee in 2025.
A new publication or filing at EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR GAS? We notify you, reason included.
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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 NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR GAS are Piotr Kus, Luis Ignacio Parada Diego, Elizbieta Kramek, Karolina Golonka, Pascal De Buck and Matthias Jenn.
Directors
According to the 2025 annual accounts
Piotr Kus
Personne déléguée à la gestion journalière
since 2022
Luis Ignacio Parada Diego
Managing director
since 2023
Elizbieta Kramek
Managing director
since 2024
Karolina Golonka
Personne déléguée à la gestion journalière
since 2024
Pascal De Buck
Managing director
Also active at: FLUXYS BELGIUM, Federatie van de elektriciteits- en gasnetbeheerders in België, FLUXYS LNG, FluxDune, FLUXYS EUROPE, FLUXYS INTERNATIONAL, FluxysGer, FLUXYS +3 more
since 2015
Matthias Jenn
Managing director
since 2025
Don O Donnell
Managing director
since 2022
Matija Bitenc
Managing director
since 2025
Gaetano Mazzitelli
Managing director
since 2022
Juhani Sipilä Olli
Managing director
since 2023
Kia Jerichau
Gedeleerd bestuurder
since 2025
Valerie Hackl
Managing director
since 2025
Jeroen Zanting
Managing director
since 2025
Pierre Duvieusart
Managing director
since 2024
Robert Bosnjak
Managing director
since 2025
Establishments
Establishment units
Physical locations of this company
Kortenberglaan 100
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0822.653.040
- VAT number
- BE 0822.653.040
- Registered office
- Kortenberglaan 100, 1000 Brussel
- Names & denominations
- EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR GAS · ENTSOG
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 27 January 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van bedrijfs- en werkgeversorganisaties
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering