Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
32 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
INVESTMENTS IN RENEWABLE ENERGY from Heusden-Zolder, company number BE0826594903, closed financial year 2025 with a result of € 116,779 after tax. For that financial year INVESTMENTS IN RENEWABLE ENERGY recorded revenue of € 1.7 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € -159,789 to € 116,779. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 1.8 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,779
▲ still € 159,789 loss in 2024
Profit after tax over the fiscal year.
€ 719,279
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 2.7 million
▼ 26% vs 2024
€ 825,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 265,191
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,757
▼ 59% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,913,160 | € 1,687,454 | € 1,505,843 | € 1,655,902 | ▲ 10% |
| Gross margin | € 1,494,128 | € 1,561,853 | € 1,053,552 | € 1,295,739 | ▲ 23% |
| Profit after taxes | € 225,898 | € 239,374 | € -159,789 | € 116,779 | ▲ € 276,568 |
| Equity | € 1,927,831 | € 1,967,205 | € 1,807,416 | € 1,774,195 | ▼ 2% |
| Total debts | € 7,574,351 | € 6,130,921 | € 5,503,323 | € 4,583,583 | ▼ 17% |
| Cash | € 385,433 | € 335,537 | € 626,187 | € 719,279 | ▲ 15% |
| Retained profit | € 658,023 | € 781,123 | € 705,060 | € 755,565 | ▲ 7% |
| Dividend | € 0 | € 200,000 | € 0 | € 150,000 | |
| Bank debt | € 6,576,363 | € 5,234,819 | € 3,653,272 | € 2,687,943 | ▼ 26% |
| Balance sheet total | € 9,502,182 | € 8,098,126 | € 7,310,739 | € 6,357,779 | ▼ 13% |
Key figures of INVESTMENTS IN RENEWABLE ENERGY, 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 INVESTMENTS IN RENEWABLE ENERGY?
What happened at INVESTMENTS IN RENEWABLE ENERGY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PATRONALE LIFE NV stepped down as director. NBB
- RENTFIN BV stepped down as director. NBB
- ENERGY SOLUTIONS GROUP NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 116,779. Source: NBB ↗
- SIVA BV stepped down as director. NBB
- PATRONALE LIFE NV became a director. NBB
- RENTFIN BV became a director. NBB
- ENERGY SOLUTIONS GROUP NV became a director. NBB
In short
From € 225,898 profit in 2022 to € 116,779 profit in 2025.
Paid € 13,665 in corporate taxes since 2022.
Best year ever: 2023, with € 239,374 profit.
Paid out € 350,000 in dividends to the owners in total.
Management
The shares are held by PATRONALE SOLAR NV (94.3%) and SIVA BV (5.7%).
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Filip MOEYKENS
Also active at: MANUGENIE, HYPOSTART, INDOMI, KREDIET VOOR SOCIALE WONINGEN, SOCODIX, GEWESTELIJKE MAATSCHAPPIJ VOOR HUISVESTINGSKREDIET - SOCIETE REGIONALE DE CREDIT AU LOGEMENT, Demer en Dijle, De Vrijdomskaai +48 more
since 2023 · until 2028
Director · represented by Peggy RENTMEESTERS
Also active at: Gearless Windpower, IRENE III, BELGIUM RENEWABLE INVESTMENTS, AUVELAIS ENERGY STORAGE, FLANDERS CHARGING PLAZA, BLUE LINES GPC, HARMIGNIES ENERGY STORAGE, BRUSSELS SOLAR +28 more
since 2023 · until 2028
Managing director · represented by Bert CREEMERS
Owns 94.3% via PATRONALE SOLAR NV
Also active at: Gearless Windpower, IRENE III, BELGIUM RENEWABLE INVESTMENTS, AUVELAIS ENERGY STORAGE, FLANDERS CHARGING PLAZA, BLUE LINES GPC, HARMIGNIES ENERGY STORAGE, BRUSSELS SOLAR +28 more
since 2023 · until 2028
Director · represented by Bart VAN VOOREN
Also active at: IRENE III, AUVELAIS ENERGY STORAGE, FLANDERS CHARGING PLAZA, BLUE LINES GPC, HARMIGNIES ENERGY STORAGE, HYPERFAST, MobilityPlus Finance, BLUE LINES GPI +1 more
since 2020 · until 2026
Shareholders
PATRONALE SOLAR NV · holding of ENERGY SOLUTIONS GROUP NV
94.3%
5.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Lange Beemden 14.1
3550 Heusden-Zolder
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 32 companies are registered at this address.
All companies at this address →Gearless Windpower same network
€ 242,526 revenue · 2025
IRENE III same network
€ 556,143 revenue · 2025
BELGIUM RENEWABLE INVESTMENTS same network
€ -155,892 gross margin · 2025
AUVELAIS ENERGY STORAGE same network
€ -4,569 gross margin · 2025
BLUE LINES GPC same network
€ 144,994 revenue · 2025
+27 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
- 0826.594.903
- VAT number
- BE 0826.594.903
- Registered office
- De Lange Beemden 14.1, 3550 Heusden-Zolder
- Names & denominations
- INVESTMENTS IN RENEWABLE ENERGY · IRENE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit
Transmissie van elektriciteit