Bankrupt · Opening faillissement (CBE)

Mont Godinne Green Energy

BE0838192638

Rechtspersoon Public limited company 1 establishment

Mont Godinne Green Energy is an energy company in Ottignies-Louvain-la-Neuve. Public Limited, started on 29 July 2011, 1 establishment.

Rue Louis de Geer 6, 1348 Ottignies-Louvain-la-Neuve

Behind the company: FRANK MESTDAGH, BCOZ, PIERRE MOTTET.

Start date

29 July 2011

Warning lights

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

  • Negative equity NBB

    More debt than assets in 1 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 6 % of short-term debt in 2023; threshold 65 %.

  • Busy address KBO

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

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Mont Godinne Green Energy from Ottignies-Louvain-la-Neuve, company number BE0838192638, closed financial year 2023 with a result of € -1.2 million after tax. For that financial year Mont Godinne Green Energy recorded a gross margin of € -215,167 and equity of € -618,022. Compared with financial year 2022, the result moved from € -1.1 million to € -1.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2024.

What it is worth Caution

€ -618,022

▼ € 1.3 million vs 2022

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

Loss Caution

€ -1.2 million

▼ 9 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 20,790

▼ 92% vs 2022

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.6 million.

People and assets in 2023

Full-time equivalents

5.4

▼ 0.3 vs 2022

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

Wage cost

€ 314,183

▲ 6% vs 2022

€ 58,200 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.

Debts at end 2023

Bank debt

€ 4.2 million

▲ 18% vs 2022

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 217,785

▼ 44% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 33,114

▲ € 30,582 vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 77,582 € -397,409 € -215,167 ▲ € 182,243
Profit after taxes € -824,130 € -1,067,134 € -1,167,898 ▼ € 100,764
Equity € 1,008,459 € 643,824 € -618,022 ▼ € 1.3 million
Total debts € 4,482,469 € 4,618,317 € 5,154,859 ▲ 12%
Cash - € 263,279 € 20,790 ▼ 92%
Retained profit € -1,860,814 € -421,555 € -1,589,453 ▼ € 1.2 million
Bank debt € 3,663,280 € 3,585,982 € 4,230,367 ▲ 18%
Balance sheet total € 5,490,927 € 5,262,141 € 4,536,837 ▼ 14%
Employees (FTE) 4.3 5.7 5.4 ▼ 0.3

Key figures of Mont Godinne Green Energy, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Mont Godinne Green Energy?

What happened at Mont Godinne Green Energy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Mont Godinne Green Energy is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 1.2 million. filed late Source: NBB ↗
  • BCOZ became a director. NBB
  • PIERRE MOTTET became a director. NBB
  • FRANK MESTDAGH became a director. NBB
  • New establishment in Yvoir. KBO
  • Start of the company according to the CBE. KBO

In short

From € 824,130 loss in 2021 to € 1.2 million loss in 2023.

On average € 18,000 of value added per employee in 2021.

Management

XYLERGY 44.9%

The stake of XYLERGY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Mont Godinne Green Energy

Behind Mont Godinne Green Energy are FRANK MESTDAGH, BCOZ and PIERRE MOTTET. The shares are held by XYLERGY (44.9%).

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Directors

According to the 2023 annual accounts

FRANK MESTDAGH

Director

Also active at: d’ici Wépion, CHAMPION REAL ESTATE, d'ici, Immo d'ici

since 2021

BCOZ

Director · represented by Reul BRUNO

Also active at: XYLERGY

since 2023

Shareholders

XYLERGY

44.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Louis de Geer 6

1348 Ottignies-Louvain-la-Neuve

2.203.511.287

Av. Dr-Gaston-Therasse, Godinne 1

5530 Yvoir

Active since 29 July 2011

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0838.192.638
VAT number
BE 0838.192.638
Registered office
Rue Louis de Geer 6, 1348 Ottignies-Louvain-la-Neuve
Names & denominations
Mont Godinne Green Energy · MG-Green E
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
29 July 2011
Peppol
Not registered
Activities · NACE

Productie van gas

Productie van elektriciteit uit niet-hernieuwbare bronnen

Frequently asked questions

What does Mont Godinne Green Energy do?
Mont Godinne Green Energy is an energy company in Ottignies-Louvain-la-Neuve. Public Limited, started on 29 July 2011, 1 establishment.
What is the address of Mont Godinne Green Energy?
The registered office of Mont Godinne Green Energy is located at Rue Louis de Geer 6, 1348 Ottignies-Louvain-la-Neuve.
Is Mont Godinne Green Energy still active?
No. The CBE lists Mont Godinne Green Energy with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Mont Godinne Green Energy registered on Peppol?
No, Mont Godinne Green Energy is currently not registered on the Peppol network.
What is the enterprise number of Mont Godinne Green Energy?
The enterprise number of Mont Godinne Green Energy is BE0838192638.
When was Mont Godinne Green Energy founded?
Mont Godinne Green Energy was founded on 29 July 2011.