Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2022, 2023.
Financials
Financial year 2025
Biopower Oostende from Oostende, company number BE0861775912, closed financial year 2025 with a result of € -3.4 million after tax. For that financial year Biopower Oostende recorded revenue of € 22.5 million and equity of € 30.9 million. Compared with financial year 2024, the result moved from € 18 million to € -3.4 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 2, 2025.
€ 30.9 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.4 million
▼ still € 18 million profit in 2024
Profit after tax over the fiscal year.
€ 707,661
▲ 232% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 17.6 million.
People and assets in 2025
21.9
▼ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 5% vs 2024
€ 86,500 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.
€ 230
▼ 85% 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.
€ 4.6 million
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 70 days on average.
€ 23 million
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,067,673 | € 37,969,078 | € 45,625,196 | € 22,482,072 | ▼ 51% |
| Profit after taxes | € -3,242,761 | € 5,839,920 | € 17,997,070 | € -3,391,845 | ▼ € 21.4 million |
| Equity | € 10,456,018 | € 16,295,938 | € 34,293,008 | € 30,901,163 | ▼ 10% |
| Total debts | € 28,877,551 | € 56,652,055 | € 82,536,845 | € 76,280,371 | ▼ 8% |
| Cash | € 162,748 | € 344,285 | € 213,260 | € 707,661 | ▲ 232% |
| Land & buildings | € 1,103,172 | € 999,646 | € 919,066 | € 848,999 | ▼ 8% |
| Retained profit | € -2,889,982 | € 2,949,938 | € 20,947,008 | € 17,555,163 | ▼ 16% |
| Bank debt | € 14,796,108 | € 710,372 | € 710,372 | € 0 | ▼ 100% |
| Balance sheet total | € 39,343,725 | € 72,947,993 | € 116,829,853 | € 107,181,534 | ▼ 8% |
| Employees (FTE) | 15.5 | 21.3 | 25.1 | 21.9 | ▼ 3.2 |
Key figures of Biopower Oostende, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to Biopower Oostende?
What happened at Biopower Oostende in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.4 million (▼ € 21.4 million vs 2024). filed late Source: NBB ↗
- Danny Sawrij became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.2 million loss in 2022 to € 3.4 million loss in 2025.
Paid € 3.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 18 million profit.
Pays suppliers within 70 days on average.
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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 Biopower Oostende is Danny Sawrij. It owns 50% of Biopower Logistics itself.
Directors
According to the 2025 annual accounts
Danny Sawrij
Director
Also active at: Biopower Logistics, Greenpower Oostende, Biopower Storage, ELECTRAWINDS BIOMASSE MOUSCRON, ELECTRAWINDS DISTRIBUTIE
since 2022
Establishments
Establishment units
Physical locations of this company
Kuipweg 44
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0861.775.912
- VAT number
- BE 0861.775.912
- Registered office
- Kuipweg 44, 8400 Oostende
- Names & denominations
- Biopower Oostende
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Productie van elektriciteit
Transmissie van elektriciteit
Ondersteunende activiteiten in verband met de aardolie- en aardgaswinning