ACTIVE

FLUVIUS Antwerpen

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Financial year 2025 · Closed on 31/12/2025

Net result28,5 M €+421,5 %over 1 year
Revenue430,9 M €+18,4 %over 1 year
Equity755,4 M €-2,8 %over 1 year

Identity

Source · BCE/KBO

FLUVIUS Antwerpen is a Project leader organization, Flemish Region incorporated in 1972. Its main activity is: Production of electricity. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0212.704.370
Incorporation
24/11/1972
Legal form
Project leader organization, Flemish Region
Registered office
Merksemsesteenweg 233
2100 Antwerpen · FlandreSee on map
Contributed capital
404 513 782,55 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue430,9 M €364 M €369,3 M €379,5 M €425,2 M €
EBITDA142,9 M €107,7 M €99,4 M €118,6 M €117,3 M €
Operating result63,3 M €29,4 M €20 M €52 M €54,7 M €
Net result28,5 M €5,5 M €26,3 M €36,4 M €37,9 M €
Balance sheet
Equity755,4 M €777,1 M €798 M €796,3 M €774,9 M €
Total assets2,5 Md €2,3 Md €2,1 Md €2 Md €1,9 Md €
Cash1,5 k €2,8 k €3 k €15,2 k €9,9 k €
Debts1,6 Md €1,5 Md €1,3 Md €1,1 Md €1 Md €
Other
Workforce–––––

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

16 active · 107 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ann De Smedt
Directorsince 19/03/2025
Geert Antonio
Directorsince 19/03/2025
Ingrid Meulders
Directorsince 19/03/2025
Ken Casier
Directorsince 19/03/2025
Luc Bouckaert
Directorsince 19/03/2025
Maarten Janssens
Directorsince 19/03/2025
Patrick Janssens
Vice-chairman of the board of directorssince 19/03/2025
Wouter Patho
Directorsince 19/03/2025
Charlie Van Leuffel
Directorsince 08/09/2021
Dirk Bauwens
Directorsince 27/03/2019
Frank Gys
Directorsince 01/01/2020
Adinda Van Gerven
Directorsince 27/03/2019
Chris De Vos
Directorsince 27/03/2019
Koen Kennis
Chairman of the board of directorssince 27/03/2019
Luc Janssens
Directorsince 27/03/2019
Sven Deckers
Bestuurder met raadgevende stemsince 27/03/2019Director27/03/2019 → 2024 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dirk Wiese
Director27/11/2024 → 2024 accounts
Bart Martens
Director08/05/2024 → 30/09/2024
Ellen Brits
Director08/05/2024 → 2024 accounts
Rodney Talboom
Director08/05/2024 → 2024 accounts

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 date26/06/202624/06/202502/07/202426/06/202327/06/202212/07/2021
General meeting17/06/202618/06/202512/06/202421/06/202315/06/202223/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/06/202626/06/2026DutchPDF
Full model31/12/202418/06/202524/06/2025DutchPDF
Full model31/12/202312/06/202402/07/2024DutchPDF
Full model31/12/202221/06/202326/06/2023DutchPDF
Full model31/12/202115/06/202227/06/2022DutchPDF
Full model31/12/202023/06/202112/07/2021DutchPDF
Full model31/12/201917/06/202023/07/2020DutchPDF
Full model31/12/201826/06/201915/07/2019DutchPDF
Full model31/12/201720/06/201809/07/2018DutchPDF
Full model31/12/201631/05/201713/06/2017DutchPDF
Full model31/12/201525/05/201616/06/2016DutchPDF
Full model31/12/201428/05/201518/06/2015DutchPDF
Full model31/12/201328/05/201418/06/2014DutchPDF
Full model31/12/201229/05/201318/06/2013DutchPDF
Full model31/12/201123/05/201214/06/2012DutchPDF
Full model31/12/201026/05/201107/06/2011DutchPDF
Full model31/12/200926/05/201009/06/2010DutchPDF
Full model31/12/200827/05/200904/06/2009DutchPDF
Full model31/12/200728/05/200824/06/2008DutchPDF
Full model31/12/200631/05/200726/07/2007DutchPDF

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

16 active · 107 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ann De Smedt
Directorsince 19/03/2025
Geert Antonio
Directorsince 19/03/2025
Ingrid Meulders
Directorsince 19/03/2025
Ken Casier
Directorsince 19/03/2025
Luc Bouckaert
Directorsince 19/03/2025
Maarten Janssens
Directorsince 19/03/2025
Patrick Janssens
Vice-chairman of the board of directorssince 19/03/2025
Wouter Patho
Directorsince 19/03/2025
Charlie Van Leuffel
Directorsince 08/09/2021
Dirk Bauwens
Directorsince 27/03/2019
Frank Gys
Directorsince 01/01/2020
Adinda Van Gerven
Directorsince 27/03/2019
Chris De Vos
Directorsince 27/03/2019
Koen Kennis
Chairman of the board of directorssince 27/03/2019
Luc Janssens
Directorsince 27/03/2019
Sven Deckers
Bestuurder met raadgevende stemsince 27/03/2019Director27/03/2019 → 2024 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dirk Wiese
Director27/11/2024 → 2024 accounts
Bart Martens
Director08/05/2024 → 30/09/2024
Ellen Brits
Director08/05/2024 → 2024 accounts
Rodney Talboom
Director08/05/2024 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other06/11/2026
    Neerlegging inbreng in natura - Brecht en Kontich
    PDF
  • Restructuring29/07/2026
    Vaststelling definitieve ruilverhouding ingevolge splitsing door overneming
    PDF
  • Mandates10/07/2026
    Benoeming van een commissaris
    PDF
  • Restructuring04/02/2026
    DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring14/10/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring07/08/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates28/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Wouter Patho
Patrick Janssens
Ingrid Meulders
Ann De Smedt
Ken Casier
Maarten Janssens
Geert Antonio
Luc Bouckaert
Charlie Van Leuffel
Frank Gys
Adinda Van Gerven
Luc Janssens
1972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
FLUVIUS AntwerpenInterkommunale voor Energie
Merksemsesteenweg 233, 2100 Deurne (Antwerp)
Director
Vice-chairman of the board of directors
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Merksemsesteenweg 233, 2100 Deurne (Antwerp)Current
accounts 2022 → 2025
Accounts 2025 · 2026-00228192
ANTWERPSESTEENWEG 260, 2660 Hoboken (Antwerp)
accounts 2021
Accounts 2021 · 2022-20131476

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FLUVIUS AntwerpenCurrent
accounts 2018 → 2025
Accounts 2025 · 2026-00228192
Interkommunale voor Energie
accounts 2006 → 2017
Accounts 2017 · 2018-30800133

Events

  1. 01/01/2026
    split
  2. 2025
    Annual accounts 202528,5 M €↑
  3. 19/03/2025
    nominationKen Casier · bestuurder
  4. 19/03/2025
    nominationPatrick Janssens · bestuurder
  5. 19/03/2025
    nominationKoen Kennis · bestuurder
  6. 19/03/2025
    nominationCharlien Van Leuffel · bestuurder
  7. 19/03/2025
    nominationAnn De Smedt · bestuurder
  8. 19/03/2025
    nominationAdinda Van Gerven · bestuurder
  9. 19/03/2025
    nominationChris De Vos · bestuurder
  10. 19/03/2025
    nominationLuc Bouckaert · bestuurder
  11. 19/03/2025
    nominationLuc Janssens · bestuurder
  12. 19/03/2025
    nominationWouter Patho · bestuurder
  13. 19/03/2025
    nominationIngrid Meulders · bestuurder
  14. 19/03/2025
    nominationGeert Antonio · bestuurder
  15. 19/03/2025
    nominationDirk Bauwens · bestuurder
  16. 19/03/2025
    nominationMaarten Janssens · bestuurder
  17. 19/03/2025
    nominationFrank Gys · bestuurder
  18. 19/03/2025
    nominationSven Deckers · lid met raadgevende stem
  19. 01/01/2025
    split
  20. 01/01/2025
    split
  21. 01/01/2025
    split
  22. 01/01/2025
    split
  23. 01/01/2025
    split
  24. 01/01/2025
    nominationPaul Eelen · vaste vertegenwoordiger namens EY Bedrijfsrevisoren BV (Commissaris)
  25. 01/01/2025
    nominationLine Vyvey · vaste vertegenwoordiger namens EY Bedrijfsrevisoren BV (Commissaris)
  26. 2024
    Annual accounts 20245,5 M €↓
  27. 27/11/2024
    nominationDirk Wiesé · lid van de Raad van Bestuur
  28. 08/05/2024
    nominationBart MARTENS · lid van het RBC Antwerpen
  29. 08/05/2024
    nominationEllen BRITS · lid van het RBC Regio
  30. 08/05/2024
    nominationWendy OVERBEEKE · lid van het regionaal bestuurscomité (RBC) Regio
  31. 08/05/2024
    nominationRodney TALBOOM · lid van het regionaal bestuurscomité (RBC) Regio
  32. 01/01/2024
    nominationFrank Vanbrabant · GEO
  33. 01/01/2024
    nominationRaf Bellers · Directeur Netbeheer
  34. 01/01/2024
    nominationTom Ceuppens · Directeur Netuitbating
  35. 01/01/2024
    nominationGuy Cosyns · Directeur Klantendienst en Databeheer
  36. 01/01/2024
    nominationJean Pierre Hollevoet · Directeur Energie- en Klimaattransitie
  37. 01/01/2024
    nominationDavid Termont · Directeur Financieel Beheer, Legal en ICT
  38. 01/01/2024
    nominationlise Van Belle · Directeur HR
  39. 01/01/2024
    nominationFilip Van Rompaey · Directeur Strategie
  40. 31/12/2023
    augmentation_capital
  41. 2023
    Annual accounts 202326,3 M €↓
  42. 13/12/2023
    apport
  43. 01/07/2023
    reduction_capital
  44. 21/06/2023
    nominationMarnix Van Dooren · Commissaris-revisor
  45. 2022
    Annual accounts 202236,4 M €↓
  46. 2021
    Annual accounts 202137,9 M €↑
  47. 2018
    Annual accounts 2018-251,3 k €↓
  48. 2018
    Name changeFLUVIUS Antwerpen
  49. 2017
    Annual accounts 20176,6 M €↓
  50. 2016
    Annual accounts 20169,8 M €↑
  51. 2015
    Annual accounts 20158,2 M €↓
  52. 2014
    Annual accounts 201414,7 M €↑
  53. 2013
    Annual accounts 20139,8 M €↓
  54. 2012
    Annual accounts 20129,9 M €↓
  55. 2011
    Annual accounts 201112,3 M €↑
  56. 2010
    Annual accounts 20106,3 M €↓
  57. 2009
    Annual accounts 20098,5 M €↑
  58. 2008
    Annual accounts 20087,5 M €↓
  59. 2007
    Annual accounts 20078,8 M €↑
  60. 2006
    Annual accounts 20066,7 M €
  61. 24/11/1972
    IncorporationProject leader organization, Flemish Region