Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PERPETUM ENERGY from Nazareth-De Pinte, company number BE0893005754, closed financial year 2025 with a result of € -5.7 million after tax. For that financial year PERPETUM ENERGY recorded revenue of € 22.9 million and equity of € 440,647. Compared with financial year 2024, the result moved from € -3.9 million to € -5.7 million. The company made a loss. The buffer shrank hard: equity is 93 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2026.
€ 440,647
▼ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5.7 million
▼ 46 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.6 million.
People and assets in 2025
22.9
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▼ 12% vs 2024
€ 107,300 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.
€ 371,383
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19 million
▲ 139% vs 2024
€ 620,631 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 6.2 million
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 66 days on average.
€ 396,854
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 51,562,850 | € 62,336,884 | € 61,358,742 | € 22,881,478 | ▼ 63% |
| Profit after taxes | € 1,458,103 | € 446,181 | € -3,888,818 | € -5,696,826 | ▼ € 1.8 million |
| Equity | € 5,656,292 | € 6,026,290 | € 6,137,472 | € 440,647 | ▼ 93% |
| Total debts | € 20,013,472 | € 26,404,491 | € 13,339,148 | € 25,766,042 | ▲ 93% |
| Cash | € 2,710,993 | € 1,842,295 | € 945,986 | € 1,256,900 | ▲ 33% |
| Retained profit | € 5,637,692 | € 6,007,690 | € 2,118,872 | € -3,577,953 | ▼ € 5.7 million |
| Bank debt | € 16,492,461 | € 19,247,007 | € 7,947,269 | € 19,010,212 | ▲ 139% |
| Balance sheet total | € 26,509,682 | € 33,185,700 | € 20,231,539 | € 26,961,607 | ▲ 33% |
| Employees (FTE) | 19.4 | 22.2 | 25.3 | 22.9 | ▼ 2.4 |
Key figures of PERPETUM 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 PERPETUM ENERGY?
What happened at PERPETUM ENERGY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5.7 million. filed late Source: NBB ↗
- PerPetum Europe NV became a director. NBB
- Lucrèce Meulemeester became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Nazareth-De Pinte. KBO
In short
From € 1.5 million profit in 2022 to € 5.7 million loss in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.5 million profit.
Pays suppliers within 66 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
The stake of PerPetum Europe comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PERPETUM ENERGYBehind PERPETUM ENERGY are Lucrèce Meulemeester and PerPetum Europe NV. The shares are held by PerPetum Group (100%) and PerPetum Europe (100%). It owns 50% of EN30 and 21% of HS Promotion itself.
Directors
According to the 2025 annual accounts
Lucrèce Meulemeester
Director
Also active at: STRAFER, Perpetum Energy Invest 2, Perpetum Energy Holding
since 2020
Director · represented by Luc Leenknegt
Owns 99.6% via PerPetum Group
Also active at: GREEN4POWER, Gallee Energy 1, WESTERN WALLONIA WIND & ENERGY, Green for Power - Hélios, PerPetum Group, Green for Power Holdco, EN30, Green for Power - Beta
since 2024
Shareholders
PerPetum Group · holding of PerPetum Europe NV
100%
100%
Participations
50%
21%
Establishments
Establishment units
Physical locations of this company
Begoniastraat 34
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Domain
Domain
perpetumenergy.com
Registered
2017-04-28
Registrar
Combell NV
Expires
2026-04-28
Website info
Features
Security
Details
- Company number
- 0893.005.754
- VAT number
- BE 0893.005.754
- Registered office
- Begoniastraat 34, 9810 Nazareth-De Pinte
- Names & denominations
- PERPETUM ENERGY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2007
- Peppol
- Active · Active since 14 Apr 2026
- Contact
- perpetumenergy.com
- Activities · NACE
Algemene elektrotechnische installatiewerken