Warning lights
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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Sibelgas Project Vennootschap Groene Energie from Vilvoorde, company number BE1003416203, closed financial year 2025 with a result of € -82,646 after tax. For that financial year Sibelgas Project Vennootschap Groene Energie recorded a gross margin of € -17,457 and equity of € -196,539. Compared with financial year 2024, the result moved from € -119,893 to € -82,646. 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 July 8, 2026.
€ -196,539
▼ € 82,646 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -82,646
▲ 31 % less loss than in 2024
Profit after tax over the fiscal year.
€ 371,388
▲ 221% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -202,539.
Debts at end 2025
€ 1.2 million
▲ 172% vs 2024
€ 43,750 is repaid this year. At this pace the long-term loan is gone in ≈ 28 years.
€ 331,752
▲ 247% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,645
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -97,695 | € -17,457 | ▲ € 80,238 |
| Profit after taxes | € -119,893 | € -82,646 | ▲ € 37,247 |
| Equity | € -113,893 | € -196,539 | ▼ € 82,646 |
| Total debts | € 566,395 | € 1,595,942 | ▲ 182% |
| Cash | € 115,740 | € 371,388 | ▲ 221% |
| Retained profit | € -119,893 | € -202,539 | ▼ € 82,646 |
| Bank debt | € 450,000 | € 1,222,196 | ▲ 172% |
| Balance sheet total | € 452,502 | € 1,399,404 | ▲ 209% |
Key figures of Sibelgas Project Vennootschap Groene Energie, fiscal years 2024 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 Sibelgas Project Vennootschap Groene Energie?
What happened at Sibelgas Project Vennootschap Groene Energie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gemeente Vilvoorde stepped down as director. NBB
- VENTUM&green CV stepped down as director. NBB
- Gemeente Meise stepped down as director. NBB
- Gemeente Grimbergen stepped down as director. NBB
- Gemeente Wemmel stepped down as director. NBB
- Gemeente Machelen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 82,646. Source: NBB ↗
- Gemeente Vilvoorde became a director. NBB
In short
From € 119,893 loss in 2024 to € 82,646 loss in 2025.
Management
The stake of VENTUM&green comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Sibelgas Project Vennootschap Groene EnergieThe shares are held by VENTUM&green (95%).
Directors
According to the 2025 annual accounts
Director · represented by Paredis Tine
Also active at: Eerstelijnszone BraViO (Brabant, Vilvoorde en Omgeving)
since 2025 · until 2031
Director · represented by Nicolas Bourgeois
since 2025 · until 2031
Director · represented by Lathouwers Jorn
since 2025 · until 2031
Director · represented by Vertongen Karin
since 2025 · until 2031
Director · represented by Ollivier Erwin
since 2023 · until 2031
Director · represented by Akaychouh Mohamed
Also active at: IT-PUNT Interlokale vereniging, Eerstelijnszone BraViO (Brabant, Vilvoorde en Omgeving)
since 2025 · until 2031
Shareholders
95%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote Markt 0
1800 Vilvoorde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1003.416.203
- VAT number
- BE 1003.416.203
- Registered office
- Grote Markt 0, 1800 Vilvoorde
- Names & denominations
- Sibelgas Project Vennootschap Groene Energie · SPV Groene Energie
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 14 December 2023
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Handel in elektriciteit
Distributie van elektriciteit