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

17 active · 26 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alex Heyvaert
Directorsince 25/03/2025
Bart Van Doren
Directorsince 25/03/2025Lid met raadgevende stem01/01/2025 → 25/03/2025ended
Berdien Van Den Abeele
Directorsince 25/03/2025
Els Van Buggenhout
Directorsince 25/03/2025
Jan Desmeth
Chairman of the board of directorssince 25/03/2025Director01/01/2025 → 25/03/2025ended
Jef Walravens
Directorsince 25/03/2025
Jo De Ro
Directorsince 25/03/2025
Jo Timmermans
Directorsince 25/03/2025
Ludo Persoons
Directorsince 25/03/2025
Marc Joseph
Directorsince 25/03/2025
Marie Behaeghe
Directorsince 25/03/2025
Pieter Busselot
Directorsince 25/03/2025
Sander Geerts
Lid met raadgevende stemsince 25/03/2025
Stefanie De Mol
Directorsince 25/03/2025
Geert Laureys
Directorsince 01/01/2025
Heidi Elpers
Directorsince 01/01/2025
Rudi Seghers
Directorsince 01/01/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bertrand Demiddeleer
Director01/01/2025 → 25/03/2025
Kris Degroote
Director01/01/2025 → 25/03/2025
Nora MOUALLALI
Director04/07/2024 → 11/03/2025
Moad EL BOUDAATI
Director02/07/2024 → 11/03/2025

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
Full model31/12/200922/06/201015/07/2010DutchPDF
Full model31/12/200922/06/201006/07/2010FrenchPDF
Full model31/12/200823/06/200914/07/2009DutchPDF
Full model31/12/200823/06/200914/07/2009FrenchPDF
Full model31/12/200724/06/200808/07/2008FrenchPDF
Full model31/12/200724/06/200808/07/2008DutchPDF
Full model31/12/200626/06/200722/08/2007DutchPDF
Full model31/12/200626/06/200722/08/2007FrenchPDF

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

17 active · 26 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alex Heyvaert
Directorsince 25/03/2025
Bart Van Doren
Directorsince 25/03/2025Lid met raadgevende stem01/01/2025 → 25/03/2025ended
Berdien Van Den Abeele
Directorsince 25/03/2025
Els Van Buggenhout
Directorsince 25/03/2025
Jan Desmeth
Chairman of the board of directorssince 25/03/2025Director01/01/2025 → 25/03/2025ended
Jef Walravens
Directorsince 25/03/2025
Jo De Ro
Directorsince 25/03/2025
Jo Timmermans
Directorsince 25/03/2025
Ludo Persoons
Directorsince 25/03/2025
Marc Joseph
Directorsince 25/03/2025
Marie Behaeghe
Directorsince 25/03/2025
Pieter Busselot
Directorsince 25/03/2025
Sander Geerts
Lid met raadgevende stemsince 25/03/2025
Stefanie De Mol
Directorsince 25/03/2025
Geert Laureys
Directorsince 01/01/2025
Heidi Elpers
Directorsince 01/01/2025
Rudi Seghers
Directorsince 01/01/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bertrand Demiddeleer
Director01/01/2025 → 25/03/2025
Kris Degroote
Director01/01/2025 → 25/03/2025
Nora MOUALLALI
Director04/07/2024 → 11/03/2025
Moad EL BOUDAATI
Director02/07/2024 → 11/03/2025

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other29/07/2026
    Vaststelling definitieve ruilverhoudingen overgang ex-Havi-gemeenten.
    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
  • 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

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings6 filings
Mandates
Els Van Buggenhout
Sander Geerts
Marc Joseph
Marie Behaeghe
Ludo Persoons
Berdien Van Den Abeele
Bart Van Doren
Stefanie De Mol
Jef Walravens
Jo De Ro
Jo Timmermans
Alex Heyvaert
and 31 more mandates
19861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Fluvius Halle-VilvoordeSIBELGAS
Grote Markt z/n, 1800 Vilvoorde
Director
Lid met raadgevende stem
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Grote Markt z/n, 1800 VilvoordeCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00227458

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Fluvius Halle-VilvoordeCurrent
accounts 2025
Accounts 2025 · 2026-00227458
SIBELGAS
accounts 2020 → 2024
Accounts 2024 · 2025-00200200

Events

  1. 01/01/2026
    split
  2. 2025
    Annual accounts 202515,2 M €↑
  3. 2025
    Name changeFluvius Halle-Vilvoorde
  4. 22/04/2025
    nominationJef Walravens · bestuurder
  5. 22/04/2025
    nominationPieter Busselot · bestuurder
  6. 22/04/2025
    nominationHeidi Elpers · bestuurder
  7. 22/04/2025
    nominationBerdien Van Den Abeele · bestuurder
  8. 22/04/2025
    nominationBart Van Doren · bestuurder
  9. 22/04/2025
    nominationMarie Behaeghe · bestuurder
  10. 22/04/2025
    nominationEls Van Buggenhout · bestuurder
  11. 22/04/2025
    nominationLudo Persoons · bestuurder
  12. 22/04/2025
    nominationJo Timmermans · bestuurder
  13. 22/04/2025
    nominationJan Desmeth · bestuurder
  14. 22/04/2025
    nominationGeert Laureys · bestuurder
  15. 22/04/2025
    nominationJo De Ro · bestuurder
  16. 22/04/2025
    nominationMarc Joseph · bestuurder
  17. 22/04/2025
    nominationStefanie De Mol · bestuurder
  18. 22/04/2025
    nominationAlex Heyvaert · bestuurder
  19. 22/04/2025
    nominationSander Geerts · lid met raadgevende stem
  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. 19/12/1986
    IncorporationProject leader organization, Flemish Region