ACTIVE

Fluvius Halle-Vilvoorde

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Financial year 2025 · Closed on 31/12/2025

Net result15,2 M €+5 056,9 %over 1 year
Revenue238,2 M €+406,2 %over 1 year
Equity343,2 M €+384,4 %over 1 year

Identity

Source · BCE/KBO

Fluvius Halle-Vilvoorde is a Project leader organization, Flemish Region incorporated in 1986. Its main activity is: Distribution of electricity. Its registered office is in Vilvoorde.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0229.921.078
Incorporation
19/12/1986
Legal form
Project leader organization, Flemish Region
Registered office
Grote Markt z/n
1800 Vilvoorde · FlandreSee on map
Contributed capital
168 452 280,65 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 32 filings

Trend over 6 financial years

20252024202320222021
Income statement
Revenue238,2 M €47,1 M €45,9 M €47,8 M €55,5 M €
EBITDA87,8 M €17,1 M €13,2 M €14,8 M €15,8 M €
Operating result40,4 M €4,2 M €3,1 M €6 M €7,4 M €
Net result15,2 M €-306,4 k €-817,5 k €2,1 M €2,9 M €
Balance sheet
Equity343,2 M €70,8 M €72,7 M €74,3 M €74,1 M €
Total assets1,4 Md €284,5 M €264,8 M €256,8 M €250,2 M €
Cash1,4 k €834,8 €1,4 k €3,2 k €1,1 k €
Debts962,3 M €207,5 M €186,8 M €175,3 M €169,8 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

21 active · 35 ended

Active mandates

Alex Heyvaert

Director · since 25 mars 2025

Active
Bart Van Doren

Director · since 25 mars 2025

Active
Berdien Van Den Abeele

Director · since 25 mars 2025

Active
Els Van Buggenhout

Director · since 25 mars 2025

Active
Jan Desmeth

Chairman of the board of directors · since 25 mars 2025

Active
Jef Walravens

Director · since 25 mars 2025

Active
Jo De Ro

Director · since 25 mars 2025

Active
Jo Timmermans

Director · since 25 mars 2025

Active
Ludo Persoons

Director · since 25 mars 2025

Active
Marc Joseph

Director · since 25 mars 2025

Active
Marie Behaeghe

Director · since 25 mars 2025

Active
Pieter Busselot

Director · since 25 mars 2025

Active
Sander Geerts

Lid met raadgevende stem · since 25 mars 2025

Active
Stefanie De Mol

Director · since 25 mars 2025

Active
Bart Van Doren

Lid met raadgevende stem · since 01 janvier 2025 · until 25 mars 2025

Active
Bertrand Demiddeleer

Director · since 01 janvier 2025 · until 25 mars 2025

Active
Geert Laureys

Director · since 01 janvier 2025

Active
Heidi Elpers

Director · since 01 janvier 2025

Active
Jan Desmeth

Director · since 01 janvier 2025 · until 25 mars 2025

Active
Kris Degroote

Director · since 01 janvier 2025 · until 25 mars 2025

Active
Rudi Seghers

Director · since 01 janvier 2025

Active

Ended mandates

Nora MOUALLALI

Director · since 04 juillet 2024 · until 11 mars 2025

Ended
Moad EL BOUDAATI

Director · since 02 juillet 2024 · until 11 mars 2025

Ended
Gerda VAN DEN BRANDE

Director · since 26 septembre 2023 · until 11 mars 2025

Ended
Trui OLBRECHTS

Director · since 25 octobre 2022 · until 11 mars 2025

Ended

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 date26/06/202624/06/202503/07/202404/07/202307/07/202212/07/2021
General meeting16/06/202623/06/202525/06/202427/06/202328/06/202222/06/2021
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, 32 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202626/06/2026DutchPDF
Full model31/12/202423/06/202524/06/2025DutchPDF
Full model31/12/202325/06/202403/07/2024DutchPDF
Full model31/12/202227/06/202304/07/2023DutchPDF
Full model31/12/202128/06/202207/07/2022DutchPDF
Full model31/12/202022/06/202112/07/2021DutchPDF
Full model31/12/201923/06/202017/07/2020DutchPDF
Full model31/12/201826/06/201917/07/2019DutchPDF
Full model31/12/201726/06/201817/07/2018DutchPDF
Full model31/12/201726/06/201817/07/2018FrenchPDF
Full model31/12/201627/06/201714/07/2017DutchPDF
Full model31/12/201627/06/201714/07/2017FrenchPDF
Full model31/12/201529/04/201618/05/2016DutchPDF
Full model31/12/201529/04/201618/05/2016FrenchPDF
Full model31/12/201430/06/201507/07/2015FrenchPDF
Full model31/12/201430/06/201507/07/2015DutchPDF
Full model31/12/201324/06/201427/06/2014DutchPDF
Full model31/12/201324/06/201427/06/2014FrenchPDF
Full model31/12/201225/06/201305/07/2013FrenchPDF
Full model31/12/201225/06/201305/07/2013DutchPDF
Full model31/12/201126/06/201213/07/2012FrenchPDF
Full model31/12/201126/06/201213/07/2012DutchPDF
Full model31/12/201028/06/201118/07/2011FrenchPDF
Full model31/12/201028/06/201118/07/2011DutchPDF

View all 32 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

21 active · 35 ended

Active mandates

Alex Heyvaert

Director · since 25 mars 2025

Active
Bart Van Doren

Director · since 25 mars 2025

Active
Berdien Van Den Abeele

Director · since 25 mars 2025

Active
Els Van Buggenhout

Director · since 25 mars 2025

Active
Jan Desmeth

Chairman of the board of directors · since 25 mars 2025

Active
Jef Walravens

Director · since 25 mars 2025

Active
Jo De Ro

Director · since 25 mars 2025

Active
Jo Timmermans

Director · since 25 mars 2025

Active
Ludo Persoons

Director · since 25 mars 2025

Active
Marc Joseph

Director · since 25 mars 2025

Active
Marie Behaeghe

Director · since 25 mars 2025

Active
Pieter Busselot

Director · since 25 mars 2025

Active
Sander Geerts

Lid met raadgevende stem · since 25 mars 2025

Active
Stefanie De Mol

Director · since 25 mars 2025

Active
Bart Van Doren

Lid met raadgevende stem · since 01 janvier 2025 · until 25 mars 2025

Active
Bertrand Demiddeleer

Director · since 01 janvier 2025 · until 25 mars 2025

Active
Geert Laureys

Director · since 01 janvier 2025

Active
Heidi Elpers

Director · since 01 janvier 2025

Active
Jan Desmeth

Director · since 01 janvier 2025 · until 25 mars 2025

Active
Kris Degroote

Director · since 01 janvier 2025 · until 25 mars 2025

Active
Rudi Seghers

Director · since 01 janvier 2025

Active

Ended mandates

Nora MOUALLALI

Director · since 04 juillet 2024 · until 11 mars 2025

Ended
Moad EL BOUDAATI

Director · since 02 juillet 2024 · until 11 mars 2025

Ended
Gerda VAN DEN BRANDE

Director · since 26 septembre 2023 · until 11 mars 2025

Ended
Trui OLBRECHTS

Director · since 25 octobre 2022 · until 11 mars 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares29/07/2026
    KAPITAAL - AANDELEN
    PDF
  • Mandates10/07/2026
    ONTSLAGEN - BENOEMINGEN
    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
  • Mandates24/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 01/01/2026
    split
  2. 2025
    Annual accounts 202515,2 M €↑
  3. 22/04/2025
    nominationJef Walravens — bestuurder
  4. 22/04/2025
    nominationPieter Busselot — bestuurder
  5. 22/04/2025
    nominationHeidi Elpers — bestuurder
  6. 22/04/2025
    nominationBerdien Van Den Abeele — bestuurder
  7. 22/04/2025
    nominationBart Van Doren — bestuurder
  8. 22/04/2025
    nominationMarie Behaeghe — bestuurder
  9. 22/04/2025
    nominationEls Van Buggenhout — bestuurder
  10. 22/04/2025
    nominationLudo Persoons — bestuurder
  11. 22/04/2025
    nominationJo Timmermans — bestuurder
  12. 22/04/2025
    nominationJan Desmeth — bestuurder
  13. 22/04/2025
    nominationGeert Laureys — bestuurder
  14. 22/04/2025
    nominationJo De Ro — bestuurder
  15. 22/04/2025
    nominationMarc Joseph — bestuurder
  16. 22/04/2025
    nominationStefanie De Mol — bestuurder
  17. 22/04/2025
    nominationAlex Heyvaert — bestuurder
  18. 22/04/2025
    nominationSander Geerts — lid met raadgevende stem
  19. 2025
    Name changeFLUVIUS HALLE-VILVOORDE
  20. 01/01/2025
    split
  21. 01/01/2025
    split
  22. 01/01/2025
    nominationPaul Eelen — vaste vertegenwoordiger namens EY Bedrijfsrevisoren BV (Commissaris)
  23. 01/01/2025
    nominationLine Vyvey — vaste vertegenwoordiger namens EY Bedrijfsrevisoren BV (Commissaris)
  24. 01/01/2025
    nominationBertrand Demiddeleer — bestuurder
  25. 01/01/2025
    nominationJan Desmeth — bestuurder
  26. 01/01/2025
    nominationHeidi Elpers — bestuurder
  27. 01/01/2025
    nominationKris Degroote — bestuurder
  28. 01/01/2025
    nominationGeert Laureys — bestuurder
  29. 01/01/2025
    nominationRudi Seghers — bestuurder
  30. 01/01/2025
    nominationBart Van Doren — lid met raadgevende stem
  31. 01/01/2025
    nominationJean Pierre De Groef — bestuurder
  32. 01/01/2025
    nominationMoad El Boudaati — bestuurder
  33. 01/01/2025
    nominationTrui Olbrechts — bestuurder
  34. 01/01/2025
    nominationGerda Van Den Brande — bestuurder
  35. 01/01/2025
    nominationWalter Vansteenkiste — bestuurder
  36. 2024
    Annual accounts 2024-306,4 k €↑
  37. 01/01/2024
    nominationFrank Vanbrabant — CEO
  38. 01/01/2024
    nominationRaf Bellers — Directeur Netbeheer
  39. 01/01/2024
    nominationTom Ceuppens — Directeur Netuitbating
  40. 01/01/2024
    nominationGuy Cosyns — Directeur Klantendienst en Databeheer
  41. 01/01/2024
    nominationJean Pierre Hollevoet — Directeur Energie- en Klimaattransitie
  42. 01/01/2024
    nominationDavid Termont — Directeur Financieel Beheer, Legal en ICT
  43. 01/01/2024
    nominationIlse Van Belle — Directeur HR
  44. 01/01/2024
    nominationFilip Van Rompaey — Directeur Strategie
  45. 01/01/2024
    nominationBruce Almey — Gevolmachtigde
  46. 2023
    Annual accounts 2023-817,5 k €↓
  47. 2022
    Annual accounts 20222,1 M €↓
  48. 22/02/2022
    nominationHans BONTE — gevolmachtigde
  49. 22/02/2022
    nominationWilliam DE BOECK — gevolmachtigde
  50. 22/02/2022
    nominationJean-Pierre DE GROEF — gevolmachtigde
  51. 22/02/2022
    nominationWalter VANSTEENKISTE — gevolmachtigde
  52. 22/02/2022
    nominationJaak WOUTERS — gevolmachtigde
  53. 22/02/2022
    nominationChristian VIAENE — gevolmachtigde
  54. 22/02/2022
    nominationWalter VAN dEN BOSSCHE — gevolmachtigde
  55. 22/02/2022
    nominationLuc BERTELS — gevolmachtigde (bankrekeningen/thesaurie)
  56. 22/02/2022
    nominationAn GOOSSENS — gevolmachtigde (bankrekeningen/thesaurie)
  57. 22/02/2022
    nominationPaul LAUWERS — gevolmachtigde (bankrekeningen/thesaurie)
  58. 22/02/2022
    nominationDavid TERMONT — gevolmachtigde (bankrekeningen/thesaurie)
  59. 22/02/2022
    nominationNick VANDEVELDE — gevolmachtigde (bankrekeningen/thesaurie)
  60. 22/02/2022
    nominationFrank VANBRABANT — gevolmachtigde (bankrekeningen/thesaurie)
  61. 2021
    Annual accounts 20212,9 M €↓
  62. 2020
    Annual accounts 20206,7 M €
  63. 2020
    Name changeSIBELGAS
  64. 19/12/1986
    IncorporationProject leader organization, Flemish Region