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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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Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Z-KRACHT from Hasselt, company number BE0832420049, closed financial year 2025 with a result of € 4.3 million after tax. Compared with financial year 2024, the result moved from € 18.4 million to € 4.3 million. The company is profitable. 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 May 11, 2026.
€ 124.6 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.3 million
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 3.4 million
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.3 million paid out
100 % of the profit went to the shareholders, mostly to Nuhma AC NV (50 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 32,828
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 7,715,967 | € 13,589,857 | € 18,374,435 | € 4,315,764 | ▼ 77% |
| Equity | € 110,439,091 | € 123,053,346 | € 119,442,813 | € 124,618,951 | ▲ 4% |
| Total debts | € 15,862,496 | € 22,379,884 | € 17,550,292 | € 4,338,469 | ▼ 75% |
| Cash | € 32,558,976 | € 1,450,986 | € 3,401,205 | € 3,371,994 | ▼ 1% |
| Retained profit | € 2,276,018 | € 2,965,875 | € 3,890,311 | € 3,906,075 | |
| Dividend | € 7,300,000 | € 12,900,000 | € 17,450,000 | € 4,300,000 | ▼ 75% |
| Bank debt | € 8,482,455 | € 9,312,367 | € 37,510 | € 0 | ▼ 100% |
| Balance sheet total | € 126,301,587 | € 145,433,230 | € 136,993,106 | € 128,957,420 | ▼ 6% |
Key figures of Z-KRACHT, 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 Z-KRACHT?
What happened at Z-KRACHT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Guy Dumst stepped down as director. NBB
- Raf Drieskens stepped down as director. NBB
- Mark Vanleeuw stepped down as director. NBB
- Jan Valgaeren stepped down as director. NBB
- Habib El Quakili stepped down as director. NBB
- Kevin Defieuw stepped down as director. NBB
- David De Brabant stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.3 million (▼ 77% vs 2024). Source: NBB ↗
In short
From € 7.7 million profit in 2022 to € 4.3 million profit in 2025.
Paid € 519,378 in corporate taxes since 2022.
Best year ever: 2024, with € 18.4 million profit.
Paid out € 42 million in dividends to the owners in total.
Management
The shares are held by Nuhma AC NV (50%), EFIN BV (30%), Creadiv NV (10%) and FINEG NV (10%). It owns 50% of Hyoffgreen NV, 49% of Wind en Water Energie Producent, 38.5% of C-Power Holdco (geconsolideerd) and 12.5% of Otary RS NV (geconsolideerd) itself.
Directors
According to the 2025 annual accounts
Guy Dumst
Director
Also active at: Kanvaz, Zenne en Dijle, Toerisme Vlaams-Brabant, VLAAMSE ENERGIEHOLDING, CREADIV, ASPIRAVI, ASPIRAVI OFFSHORE, TeaMWise +6 more
since 2025 · until 2031
Raf Drieskens
Director
Also active at: NOORDLIMBURGSE MAATSCHAPPIJ VOOR DE OPRICHTING VAN EEN INDUSTRIEPARK IN NOORD-LIMBURG, NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ, NUHMA AC, NUHMA DC, BIONERGA
since 2025 · until 2031
Mark Vanleeuw
Chairman of the board
Also active at: VLAAMSE ENERGIEHOLDING, NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ, ASPIRAVI, TeaMWise, ASPIRAVI ENERGY, LOMMEL WIN(D)T, A&P WIND SERVICES, ASPIRAVI TRADING +7 more
since 2025 · until 2031
since 2026 · until 2026
Jan Valgaeren
Director
Also active at: Wonen in Limburg, NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ, ASPIRAVI, ASPIRAVI OFFSHORE, TeaMWise, ASPIRAVI ENERGY, A&P WIND SERVICES, ASPIRAVI TRADING +8 more
since 2025 · until 2031
Kristof Bossuyt
Director
Also active at: Vereniging van Vlaamse Steden en Gemeenten, FINEG, ASPIRAVI, TeaMWise, ASPIRAVI ENERGY, A&P WIND SERVICES, ASPIRAVI TRADING, ASPIRAVI ANTILLEN +3 more
since 2025 · until 2026
Habib El Quakili
Director
since 2025 · until 2031
Kevin Defieuw
Director
Also active at: EFIN, ASPIRAVI, ASPIRAVI OFFSHORE, TeaMWise, A&P WIND SERVICES, ASPIRAVI ANTILLEN, ASPIRAVI INTERNATIONAL, ASPIRAVI HOLDING +2 more
since 2025 · until 2031
David De Brabant
Director
Also active at: PUBLILEC, C - Power, ASPIRAVI, ASPIRAVI OFFSHORE, The eCloud Company, TeaMWise, ASPIRAVI ENERGY, A&P WIND SERVICES +9 more
since 2025 · until 2031
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Herkenrodesingel 14
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.
All companies at this address →LIMBURG.NET
€ 42.9 million revenue · 2025
A.I.T. EUROPE
FROMTO Houthalen
€ 11.4 million revenue · 2024
WIND EN WATER ENERGIE PRODUCENT same network
NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ same network
€ 2.1 million revenue · 2025
+29 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
- 0832.420.049
- VAT number
- BE 0832.420.049
- Registered office
- Herkenrodesingel 14, 3500 Hasselt
- Names & denominations
- Z-KRACHT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2011
- Peppol
- Active · Active since 21 Oct 2026