ACTIVE

FLUXYS BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result85,4 M €+1,6 %over 1 year
Revenue722,2 M €+28,3 %over 1 year
Equity399,7 M €-4,0 %over 1 year
Workforce918,5 ETP+2,7 %over 1 year

Identity

Source · BCE/KBO

FLUXYS BELGIUM is a Public limited company incorporated in 1929. Its main activity is: Distribution of gaseous fuels through mains. Its registered office is in Bruxelles. It employs on average 918,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0402.954.628
Incorporation
08/01/1929
Legal form
Public limited company
Registered office
Avenue des Arts 31
1040 Bruxelles · BruxellesSee on map
Contributed capital
60 309 419,00 €
Latest accounts
31/12/2025
Average workforce
918,5 ETP
Joint committees (1)
  • 326
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 81 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue722,2 M €562,9 M €587,9 M €930,8 M €473,5 M €
EBITDA223,5 M €205,6 M €187,5 M €219,2 M €205,1 M €
Operating result95,4 M €89,2 M €74,2 M €87,1 M €75,1 M €
Net result85,4 M €84 M €79,4 M €83,9 M €71,6 M €
Balance sheet
Equity399,7 M €416,2 M €435 M €456,8 M €475,2 M €
Total assets2,3 Md €2,4 Md €2,5 Md €2,5 Md €1,9 Md €
Cash439,1 M €802,1 M €856,2 M €867,3 M €300,3 M €
Debts1,1 Md €1,1 Md €1,1 Md €1,5 Md €1,1 Md €
Other
Workforce918,5 ETP894,7 ETP878,2 ETP836,0 ETP835,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

23 active · 142 ended

Active mandates

Koen VAN DEN HEUVEL

Director · since 13 mai 2025 · until 12 mai 2026

Active
Nathalie GILSON

Director · since 13 mai 2025 · until 13 mai 2031

Active
Sandra GOBERT

Director · since 13 mai 2025 · until 13 mai 2031

Active
Patrick DEWAEL

Director · since 14 mai 2024 · until 13 mai 2025

Active
Jean-Claude MARCOURT

Vice-chairman of the board of directors · since 09 mai 2023 · until 14 mai 2030

Active
Roberte KESTEMAN

Director · since 09 mai 2023 · until 08 mai 2029

Active
Wim VERMEIR

Director · since 21 février 2023 · until 09 mai 2028

Active
Gianni INFANTI

Director · since 10 mai 2022 · until 09 mai 2028

Active
Leen DIERICK

Director · since 10 mai 2022 · until 09 mai 2028

Active
Abdellah ACHAOUI

Director · since 30 mars 2022 · until 11 mai 2027

Active
Cécile FLANDRE

Director · since 30 mars 2022 · until 13 mai 2025

Active
Laurent COPPENS

Director · since 01 juillet 2021 · until 13 mai 2025

Active
Andries GRYFFROY

Chairman of the board of directors · since 12 mai 2021 · until 11 mai 2027

Active
Daniel TERMONT

Director · since 11 mai 2021 · until 11 mai 2027

Active
Josly PIETTE

Director · since 12 mai 2020 · until 12 mai 2026

Active
Ludo KELCHTERMANS

Director · since 12 mai 2020 · until 13 mai 2025

Active
Pascal DE BUCK

Managing director · since 12 mai 2020 · until 12 mai 2026

Active
Sandra WAUTERS

Director · since 14 mai 2019 · until 13 mai 2025

Active
Valentine DELWART

Director · since 14 mai 2019 · until 13 mai 2025

Active
Sabine COLSON

Director · since 01 octobre 2018 · until 14 mai 2030

Active
Anne LECLERCQ

Director · since 08 mai 2018 · until 14 mai 2030

Active
Francis DE MEYERE

Government commissioner

Active
Pierre BRASSINE

Government commissioner

Active

Ended mandates

Patrick DEWAEL

Director · since 14 mai 2024 · until 31 décembre 2025

Ended
Jean-Claude Marcourt

Vice-chairman of the board of directors · since 09 mai 2023 · until 14 mai 2024

Ended
Laurent COPPENS

Director · since 01 juillet 2021 · until 11 mai 2027

Ended
Andries GRYFFROY

Director · since 12 mai 2021 · until 11 mai 2027

Ended

Other companies at this address

Avenue des Arts 31 1040 Bruxelles
CompanyCBE no.
FLUXYS● Active
0827.783.746

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 date19/05/202627/05/202513/06/202407/06/202301/06/202211/06/2021
General meeting12/05/202613/05/202514/05/202409/05/202310/05/202211/05/2021
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, 81 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/05/202619/05/2026FrenchPDF
Full model31/12/202512/05/202619/05/2026DutchPDF
Consolidated accounts31/12/202512/05/202619/05/2026DutchPDF
Consolidated accounts31/12/202512/05/202619/05/2026FrenchPDF
Full model31/12/202413/05/202527/05/2025DutchPDF
Full model31/12/202413/05/202527/05/2025FrenchPDF
Consolidated accounts31/12/202413/05/202510/06/2025FrenchPDF
Consolidated accounts31/12/202413/05/202510/06/2025DutchPDF
Full model31/12/202314/05/202413/06/2024DutchPDF
Full model31/12/202314/05/202413/06/2024FrenchPDF
Consolidated accounts31/12/202314/05/202413/06/2024DutchPDF
Consolidated accounts31/12/202314/05/202413/06/2024FrenchPDF
Full model31/12/202209/05/202307/06/2023DutchPDF
Full model31/12/202209/05/202307/06/2023FrenchPDF
Consolidated accounts31/12/202209/05/202314/06/2023FrenchPDF
Consolidated accounts31/12/202209/05/202312/06/2023DutchPDF
Full model31/12/202110/05/202201/06/2022DutchPDF
Full model31/12/202110/05/202201/06/2022FrenchPDF
Consolidated accounts31/12/202110/05/202201/06/2022DutchPDF
Consolidated accounts31/12/202110/05/202201/06/2022FrenchPDF
Full model31/12/202011/05/202111/06/2021DutchPDF
Full model31/12/202011/05/202111/06/2021FrenchPDF
Consolidated accounts31/12/202011/05/202109/06/2021FrenchPDF
Consolidated accounts31/12/202011/05/202109/06/2021DutchPDF

View all 81 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 M€

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

23 active · 142 ended

Active mandates

Koen VAN DEN HEUVEL

Director · since 13 mai 2025 · until 12 mai 2026

Active
Nathalie GILSON

Director · since 13 mai 2025 · until 13 mai 2031

Active
Sandra GOBERT

Director · since 13 mai 2025 · until 13 mai 2031

Active
Patrick DEWAEL

Director · since 14 mai 2024 · until 13 mai 2025

Active
Jean-Claude MARCOURT

Vice-chairman of the board of directors · since 09 mai 2023 · until 14 mai 2030

Active
Roberte KESTEMAN

Director · since 09 mai 2023 · until 08 mai 2029

Active
Wim VERMEIR

Director · since 21 février 2023 · until 09 mai 2028

Active
Gianni INFANTI

Director · since 10 mai 2022 · until 09 mai 2028

Active
Leen DIERICK

Director · since 10 mai 2022 · until 09 mai 2028

Active
Abdellah ACHAOUI

Director · since 30 mars 2022 · until 11 mai 2027

Active
Cécile FLANDRE

Director · since 30 mars 2022 · until 13 mai 2025

Active
Laurent COPPENS

Director · since 01 juillet 2021 · until 13 mai 2025

Active
Andries GRYFFROY

Chairman of the board of directors · since 12 mai 2021 · until 11 mai 2027

Active
Daniel TERMONT

Director · since 11 mai 2021 · until 11 mai 2027

Active
Josly PIETTE

Director · since 12 mai 2020 · until 12 mai 2026

Active
Ludo KELCHTERMANS

Director · since 12 mai 2020 · until 13 mai 2025

Active
Pascal DE BUCK

Managing director · since 12 mai 2020 · until 12 mai 2026

Active
Sandra WAUTERS

Director · since 14 mai 2019 · until 13 mai 2025

Active
Valentine DELWART

Director · since 14 mai 2019 · until 13 mai 2025

Active
Sabine COLSON

Director · since 01 octobre 2018 · until 14 mai 2030

Active
Anne LECLERCQ

Director · since 08 mai 2018 · until 14 mai 2030

Active
Francis DE MEYERE

Government commissioner

Active
Pierre BRASSINE

Government commissioner

Active

Ended mandates

Patrick DEWAEL

Director · since 14 mai 2024 · until 31 décembre 2025

Ended
Jean-Claude Marcourt

Vice-chairman of the board of directors · since 09 mai 2023 · until 14 mai 2024

Ended
Laurent COPPENS

Director · since 01 juillet 2021 · until 11 mai 2027

Ended
Andries GRYFFROY

Director · since 12 mai 2021 · until 11 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/05/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/05/2026
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other21/05/2025
    DIVERSEN
    PDF
  • Other21/05/2025
    DIVERS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202585,4 M €↑
  2. 13/05/2025
    reconductionSandra GOBERT — onafhankelijk bestuurder
  3. 13/05/2025
    reconductionNathalie GILSON — onafhankelijk bestuurder
  4. 13/05/2025
    nominationKoen VAN DEN HEUVEL — bestuurder
  5. 13/05/2025
    reconductionEY Bedrijfsrevisoren BV — commissaris
  6. 13/05/2025
    reconductionSandra GOBERT — administrateur indépendant
  7. 13/05/2025
    reconductionNathalie GILSON — administrateur indépendant
  8. 13/05/2025
    nominationKoen VAN den HEUVEL — administrateur
  9. 13/05/2025
    reconductionPaul Eelen — commissaire
  10. 2024
    Annual accounts 202484 M €↑
  11. 14/05/2024
    reconductionSabine COLSON — onafhankelijk bestuurder
  12. 14/05/2024
    reconductionAnne LECLERCQ — onafhankelijk bestuurder
  13. 14/05/2024
    reconductionJean-Claude MARCOURT — bestuurder
  14. 14/05/2024
    nominationPatrick DEWAEL — bestuurder
  15. 14/05/2024
    reconductionSabine COLSON — administrateur indépendant
  16. 14/05/2024
    reconductionAnne LECLERCQ — administrateur indépendant
  17. 14/05/2024
    reconductionJean-Claude MARCOURT — administrateur
  18. 14/05/2024
    nominationPatrick DEWAEL — administrateur
  19. 2023
    Annual accounts 202379,4 M €↓
  20. 09/05/2023
    nominationAndries GRYFFROY — Président du Conseil d'administration
  21. 09/05/2023
    nominationJean-Claude MARCOURT — Vice-Président du Conseil d'administration
  22. 09/05/2023
    reconductionRoberte KESTEMAN — administrateur indépendant
  23. 09/05/2023
    nominationWim VERMEIR — administrateur
  24. 09/05/2023
    nominationJean-Claude MARCOURT — administrateur
  25. 09/05/2023
    nominationAndries GRYFFROY — voorzitter van de raad van bestuur
  26. 09/05/2023
    nominationJean-Claude MARCOURT — ondervoorzitter van de raad van bestuur
  27. 09/05/2023
    reconductionRoberte KESTEMAN — onafhankelijk bestuurder
  28. 09/05/2023
    nominationWim VERMEIR — bestuurder
  29. 09/05/2023
    nominationJean-Claude MARCOURT — bestuurder
  30. 21/02/2023
    nominationWim Vermeir — bestuurder
  31. 21/02/2023
    nominationWim Vermeir — administrateur
  32. 2022
    Annual accounts 202283,9 M €↑
  33. 10/05/2022
    nominationLeen DIERICK — administrateur
  34. 10/05/2022
    nominationGianni INFANTI — administrateur
  35. 10/05/2022
    nominationLeen DIERICK — bestuurder
  36. 10/05/2022
    nominationGianni INFANTI — bestuurder
  37. 30/03/2022
    nominationAbdellah ACHAOUI — administrateur
  38. 30/03/2022
    nominationCécile FLANDRE — administrateur indépendant
  39. 30/03/2022
    nominationAbdellah ACHAOUI — bestuurder
  40. 30/03/2022
    nominationCécile FLANDRE — onafhankelijk bestuurder
  41. 2021
    Annual accounts 202171,6 M €↑
  42. 2020
    Annual accounts 202070,7 M €↑
  43. 12/05/2020
    reconductionLudo KELCHTERMANS — administrateur
  44. 12/05/2020
    reconductionJosly PIETTE — administrateur
  45. 12/05/2020
    nominationRoberte KESTEMAN — administrateur indépendant
  46. 12/05/2020
    nominationKoenraad VAN DEN HEUVEL — administrateur
  47. 12/05/2020
    nominationPascal DE BUCK — administrateur
  48. 12/05/2020
    reconductionLudo KELCHTERMANS — bestuurder
  49. 12/05/2020
    reconductionJosly PIETTE — bestuurder
  50. 12/05/2020
    nominationRoberte KESTEMAN — onafhankelijk bestuurder
  51. 12/05/2020
    nominationKoenraad VAN DEN HEUVEL — bestuurder
  52. 12/05/2020
    nominationPascal DE BUCK — bestuurder
  53. 25/03/2020
    nominationPascal De Buck — gedelegeerd bestuurder
  54. 2019
    Annual accounts 201942,4 M €↓
  55. 2018
    Annual accounts 201847,5 M €↑
  56. 2017
    Annual accounts 201744,7 M €↑
  57. 2016
    Annual accounts 201633,7 M €↓
  58. 2015
    Annual accounts 201549,2 M €↑
  59. 2014
    Annual accounts 201447,8 M €↓
  60. 2013
    Annual accounts 201355,7 M €↓
  61. 2012
    Annual accounts 201272,6 M €↓
  62. 2011
    Annual accounts 2011157,2 M €↓
  63. 2011
    Name changeFLUXYS BELGIUM
  64. 2010
    Annual accounts 2010267,8 M €↑
  65. 2009
    Annual accounts 200965,9 M €↑
  66. 2008
    Annual accounts 200865,9 M €↓
  67. 2007
    Annual accounts 200796,3 M €
  68. 2007
    Name changeFLUXYS
  69. 08/01/1929
    IncorporationPublic limited company