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 4 fiscal years.
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Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CGNEE BELGIUM WIND ENERGY COMPANY from Mons, company number BE0884706415, closed financial year 2025 with a result of € -28.9 million after tax. For that financial year CGNEE BELGIUM WIND ENERGY COMPANY recorded revenue of € 7.7 million and equity of € -499,748. Compared with financial year 2024, the result moved from € 1.5 million to € -28.9 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 August 30, 2026.
€ -499,748
▼ € 28.9 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28.9 million
▼ still € 1.5 million profit in 2024
Profit after tax over the fiscal year.
€ 5.4 million
▲ 117% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.8 million.
Debts at end 2025
€ 10.4 million
▼ 27% vs 2024
Loans from banks and other lenders, long and short.
€ 2.2 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 176 days on average.
€ 165,819
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,641,942 | € 21,812,820 | € 9,505,636 | € 7,659,323 | ▼ 19% |
| Profit after taxes | € 7,453,321 | € 8,466,785 | € 1,536,413 | € -28,854,733 | ▼ € 30.4 million |
| Equity | € 23,595,268 | € 26,980,893 | € 28,436,145 | € -499,748 | ▼ € 28.9 million |
| Total debts | € 60,189,689 | € 37,152,612 | € 16,876,763 | € 13,020,633 | ▼ 23% |
| Cash | € 22,407,992 | € 13,010,713 | € 2,500,838 | € 5,435,940 | ▲ 117% |
| Land & buildings | € 133,029 | € 133,029 | € 133,029 | € 133,029 | |
| Retained profit | € 17,015,990 | € 20,482,775 | € 22,019,187 | € -6,835,546 | ▼ € 28.9 million |
| Dividend | € 5,000,000 | € 5,000,000 | € 0 | € 0 | |
| Bank debt | € 46,066,881 | € 25,402,430 | € 14,201,027 | € 10,373,368 | ▼ 27% |
| Balance sheet total | € 85,725,537 | € 66,183,543 | € 47,542,489 | € 14,930,009 | ▼ 69% |
Key figures of CGNEE BELGIUM WIND ENERGY COMPANY, 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 CGNEE BELGIUM WIND ENERGY COMPANY?
What happened at CGNEE BELGIUM WIND ENERGY COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HANGMIN LU stepped down as director. NBB
- MEI YU stepped down as director. NBB
- XI CHEN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 28.9 million (▼ € 30.4 million vs 2024). filed late Source: NBB ↗
- HANGMIN LU became a director. NBB
- MEI YU became a director. NBB
- BIN HE stepped down as director. NBB
- XI CHEN became a director. NBB
In short
From € 7.5 million profit in 2022 to € 28.9 million loss in 2025.
Paid € 5.2 million in corporate taxes since 2022.
Best year ever: 2023, with € 8.5 million profit.
Paid out € 10 million in dividends to the owners in total.
A new publication or filing at CGNEE BELGIUM WIND ENERGY COMPANY? 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
The shares are held by CGNEE SAS (100%).
Directors
According to the 2025 annual accounts
HANGMIN LU
Director
since 2026 · until 2032
MEI YU
Managing director
since 2026 · until 2032
BIN HE
Director
since 2022 · until 2026
XIAOCHUN TANG
Managing director
since 2023 · until 2025
XI CHEN
Director
since 2026 · until 2032
MIN XU
Managing director
since 2025 · until 2026
BIAO ZOU
Director
since 2024 · until 2026
Shareholders
CGNEE SAS
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue d'Havré 9
7000 Mons
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.
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€ 12,884 gross margin · 2025
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€ 1.2 million gross margin · 2025
Royal Castor Club de Mons
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ISOTECH INDUSTRIES
€ 831,166 gross margin · 2023
+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
- 0884.706.415
- VAT number
- BE 0884.706.415
- Registered office
- Rue d'Havré 9, 7000 Mons
- Names & denominations
- CGNEE BELGIUM WIND ENERGY COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 2006
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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