ACTIVE

Fluvius Limburg

Financial year 2025 · Closed on 31/12/2025

Net result
12,6 M €
-92,1 %over 1 year
Revenue
434,3 M €
+23,5 %over 1 year
Equity
1,7 Md €
-0,9 %over 1 year

Identity

Source · BCE/KBO

Fluvius Limburg is a Project leader organization, Flemish Region incorporated in 1970. Its main activity is: Distribution of electricity. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0207.165.769
Incorporation
15/06/1970
Legal form
Project leader organization, Flemish Region
Registered office
Trichterheideweg 8
3500 Hasselt · FlandreSee on map
Contributed capital
713 688 992,99 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 49 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue434,3 M €351,8 M €347,3 M €371,7 M €422,5 M €
EBITDA137,3 M €105,9 M €84,8 M €130 M €120,9 M €
Operating result35,8 M €6,6 M €-12,9 M €42,8 M €47 M €
Net result12,6 M €159,4 M €29,4 M €35,6 M €40,1 M €
Balance sheet
Equity1,7 Md €1,7 Md €1,7 Md €1,7 Md €1,7 Md €
Total assets3,3 Md €3 Md €2,8 Md €2,6 Md €2,6 Md €
Cash905,5 €1,9 k €1,8 k €198,5 k €245 k €
Debts1,5 Md €1,3 Md €1,1 Md €924,8 M €867,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

19 active · 343 ended

Active mandates

Erik Van Roelen

Director · since 11 mars 2025

Active
Hanne Kellens

Director · since 11 mars 2025

Active
Ilse Wevers

Director · since 11 mars 2025

Active
Jasmine Neven

Vice-chairman of the board of directors · since 11 mars 2025

Active
Jeroen Hendrikx

Lid met raadgevende stem · since 11 mars 2025

Active
Krijn Henrotte

Director · since 11 mars 2025

Active
Marc Heselmans

Director · since 11 mars 2025

Active
Mark Vos

Chairman of the board of directors · since 11 mars 2025

Active
Rik Kriekels

Director · since 11 mars 2025

Active
Sietse Wils

Director · since 11 mars 2025

Active
Sophie Loots

Director · since 11 mars 2025

Active
Tine Jans

Director · since 11 mars 2025

Active
Tom Cox

Director · since 11 mars 2025

Active
Rik Kriekels

Voorzitter · since 22 octobre 2019 · until 11 mars 2025

Active
Erik Van Roelen

Vice-chairman of the board of directors · since 01 avril 2019 · until 11 mars 2025

Active
JAN DALEMANS

Director · since 01 avril 2019

Active
Mark Vos

Director · since 01 avril 2019 · until 11 mars 2025

Active
Patrick Lismont

Director · since 01 avril 2019

Active
WIM DRIES

Director · since 01 avril 2019

Active

Ended mandates

Filip Olaerts

Lid met raadgevende stem · since 07 février 2023

Ended
Heidi Thijs

Director · since 09 décembre 2020

Ended
Raf Nelis

Director · since 10 décembre 2019

Ended
RAF NELIS

Director · since 18 novembre 2019

Ended

Other companies at this address

Trichterheideweg 8 3500 Hasselt
CompanyCBE no.
FLUVIUS● Active
0201.311.226
0800.842.589
IN.DI● Liquidation
0887.703.121

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202619/06/202525/06/202404/07/202314/07/202218/08/2021
General meeting11/06/202616/06/202510/06/202427/06/202321/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 49 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202511/06/202623/06/2026DutchPDF
Full model31/12/202416/06/202519/06/2025DutchPDF
Full model31/12/202310/06/202425/06/2024DutchPDF
Full model31/12/202227/06/202304/07/2023DutchPDF
Full model31/12/202121/06/202214/07/2022DutchPDF
Full model31/12/202030/06/202118/08/2021DutchPDF
Full model31/12/201926/06/202007/07/2020DutchPDF
Full model31/12/201825/06/201917/07/2019DutchPDF
Full model31/12/201715/05/201823/05/2018DutchPDF
Full model31/12/201609/05/201729/05/2017DutchPDF
Full model31/12/201517/05/201618/05/2016DutchPDF
Full model31/12/201412/05/201526/05/2015DutchPDF
Full model31/12/201313/05/201426/05/2014DutchPDF
Full model31/12/201214/05/201303/06/2013DutchPDF
Full model31/12/201110/05/201222/05/2012DutchPDF
Full model31/12/201010/05/201116/05/2011DutchPDF
Full model31/12/200911/05/201001/06/2010DutchPDF
Full model31/12/200826/05/200922/06/2009DutchPDF
Full model31/12/200727/05/200802/06/2008DutchPDF
Full model31/12/200629/05/200706/06/2007DutchPDF
Full model31/12/200522/05/200619/06/2006DutchPDF
Full model31/12/200425/05/200521/06/2005DutchPDF
Full model31/12/200326/05/200424/06/2004DutchPDF
Full model31/12/200221/05/200324/06/2003DutchPDF

View all 49 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

19 active · 343 ended

Active mandates

Erik Van Roelen

Director · since 11 mars 2025

Active
Hanne Kellens

Director · since 11 mars 2025

Active
Ilse Wevers

Director · since 11 mars 2025

Active
Jasmine Neven

Vice-chairman of the board of directors · since 11 mars 2025

Active
Jeroen Hendrikx

Lid met raadgevende stem · since 11 mars 2025

Active
Krijn Henrotte

Director · since 11 mars 2025

Active
Marc Heselmans

Director · since 11 mars 2025

Active
Mark Vos

Chairman of the board of directors · since 11 mars 2025

Active
Rik Kriekels

Director · since 11 mars 2025

Active
Sietse Wils

Director · since 11 mars 2025

Active
Sophie Loots

Director · since 11 mars 2025

Active
Tine Jans

Director · since 11 mars 2025

Active
Tom Cox

Director · since 11 mars 2025

Active
Rik Kriekels

Voorzitter · since 22 octobre 2019 · until 11 mars 2025

Active
Erik Van Roelen

Vice-chairman of the board of directors · since 01 avril 2019 · until 11 mars 2025

Active
JAN DALEMANS

Director · since 01 avril 2019

Active
Mark Vos

Director · since 01 avril 2019 · until 11 mars 2025

Active
Patrick Lismont

Director · since 01 avril 2019

Active
WIM DRIES

Director · since 01 avril 2019

Active

Ended mandates

Filip Olaerts

Lid met raadgevende stem · since 07 février 2023

Ended
Heidi Thijs

Director · since 09 décembre 2020

Ended
Raf Nelis

Director · since 10 décembre 2019

Ended
RAF NELIS

Director · since 18 novembre 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares29/07/2026
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares27/07/2026
    KAPITAAL - AANDELEN
    PDF
  • Mandates10/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares22/04/2026
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares22/04/2026
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares22/04/2026
    KAPITAAL - AANDELEN
    PDF
  • Mandates04/02/2026
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring07/08/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 01/07/2026
    apport
  2. 17/03/2026
    apport
  3. 2025
    Annual accounts 202512,6 M €↓
  4. 11/03/2025
    nominationSietse Wils — bestuurder
  5. 11/03/2025
    nominationRik Kriekels — bestuurder
  6. 11/03/2025
    nominationWim Dries — bestuurder
  7. 11/03/2025
    nominationPatrick Lismont — bestuurder
  8. 11/03/2025
    nominationErik Van Roelen — bestuurder
  9. 11/03/2025
    nominationTom Cox — bestuurder
  10. 11/03/2025
    nominationTine Jans — bestuurder
  11. 11/03/2025
    nominationJan Dalemans — bestuurder
  12. 11/03/2025
    nominationHanne Kellens — bestuurder
  13. 11/03/2025
    nominationJasmine Neven — bestuurder
  14. 11/03/2025
    nominationSophie Loots — bestuurder
  15. 11/03/2025
    nominationIlse Wevers — bestuurder
  16. 11/03/2025
    nominationMark Vos — bestuurder
  17. 11/03/2025
    nominationMarc Heselmans — bestuurder
  18. 11/03/2025
    nominationKrijn Henrotte — bestuurder
  19. 11/03/2025
    nominationJeroen Hendrikx — lid met raadgevende stem
  20. 01/01/2025
    split
  21. 01/01/2025
    split
  22. 01/01/2025
    split
  23. 01/01/2025
    nominationPaul Eelen — vaste vertegenwoordiger van de Commissaris EY Bedrijfsrevisoren BV
  24. 01/01/2025
    nominationLine Vyvey — vaste vertegenwoordiger van de Commissaris EY Bedrijfsrevisoren BV
  25. 2024
    Annual accounts 2024159,4 M €↑
  26. 01/01/2024
    nominationFrank Vanbrabant — CEO
  27. 01/01/2024
    nominationRaf Bellers — Directeur Netbeheer
  28. 01/01/2024
    nominationTom Ceuppens — Directeur Netuitbating
  29. 01/01/2024
    nominationGuy Cosyns — Directeur Klantendienst en Databeheer
  30. 01/01/2024
    nominationJean Pierre Hollevoet — Directeur Energie- en Klimaattransitie
  31. 01/01/2024
    nominationDavid Termont — Directeur Financieel Beheer, Legal en ICT
  32. 01/01/2024
    nominationIlse Van Belle — Directeur HR
  33. 01/01/2024
    nominationFilip Van Rompaey — Directeur Strategie
  34. 31/12/2023
    apport
  35. 2023
    Annual accounts 202329,4 M €↓
  36. 07/02/2023
    nominationFilip Olaerts — lid met raadgevende stem
  37. 2022
    Annual accounts 202235,6 M €↓
  38. 2021
    Annual accounts 202140,1 M €↓
  39. 2020
    Annual accounts 202045,9 M €↓
  40. 2019
    Annual accounts 201946,5 M €↑
  41. 2018
    Annual accounts 2018-631,5 k €↓
  42. 2017
    Annual accounts 201728,7 M €↓
  43. 2016
    Annual accounts 201630,4 M €↑
  44. 2015
    Annual accounts 201530 M €↓
  45. 2014
    Annual accounts 201468,3 M €↑
  46. 2013
    Annual accounts 201341 M €↓
  47. 2012
    Annual accounts 201251,8 M €↓
  48. 2011
    Annual accounts 201153,7 M €↑
  49. 2010
    Annual accounts 201045,2 M €↑
  50. 2009
    Annual accounts 200940,8 M €↑
  51. 2008
    Annual accounts 200835,4 M €↑
  52. 2007
    Annual accounts 200733 M €↓
  53. 2006
    Annual accounts 200634,6 M €
  54. 15/06/1970
    IncorporationProject leader organization, Flemish Region