ACTIVE

Fédération des Gestionnaires de Réseaux Electricité et Gaz en Belgique

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Financial year 2025 · Closed on 31/12/2025

Net result69,8 k €+152,1 %over 1 year
Gross margin5,1 M €+171,1 %over 1 year
Equity9 M €-0,3 %over 1 year
Workforce24,0 ETP+8,1 %over 1 year

Identity

Source · BCE/KBO

Fédération des Gestionnaires de Réseaux Electricité et Gaz en Belgique is a Non-profit organization incorporated in 1946. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Bruxelles. It employs on average 24,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0402.958.091
Incorporation
14/12/1946
Legal form
Non-profit organization
Registered office
Avenue Palmerston 4
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
24,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin5,1 M €1,9 M €3,8 M €3,9 M €3,1 M €
EBITDA209,2 k €54,6 k €-344,3 k €251,5 k €241,7 k €
Operating result-124,1 k €-242,5 k €-569,3 k €-432,5 k €33,7 k €
Net result69,8 k €-134,1 k €-487,1 k €-373,9 k €190,6 k €
Balance sheet
Equity9 M €9 M €9,2 M €9,7 M €9,8 M €
Total assets11 M €10,9 M €13,6 M €14,3 M €14,5 M €
Cash1,2 M €2 M €8,2 M €8,9 M €8,9 M €
Debts2 M €1,6 M €1,6 M €1,3 M €1,4 M €
Other
Workforce24,0 ETP22,2 ETP20,9 ETP17,2 ETP17,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 6 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Fédération des Gestionnaires de Réseaux Electricité et Gaz en Belgique0402.958.091Represented by Tinne Mertens
Directorsince 02/10/2015
Raf Bellers
Directorsince 20/06/2025
François Boisseleau
Persoon belast met dagelijks bestuursince 01/10/2023
Fluvius System Operator0477.445.084Represented by Walter Van den Bossche
Directorsince 02/10/2015
FLUXYS BELGIUM0402.954.628Represented by Pascal De Buck
Directorsince 02/10/2015
ORES Assets0543.696.579Represented by Fernand Grifnée
Directorsince 02/10/2015
RESA0847.027.754Represented by Christian De Laet
Directorsince 02/10/2015

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Elia Group0476.388.378Represented by Frédéric Dunon
Director02/10/2015 → 13/05/2021
SIBELGA0222.869.673Represented by Inne Mertens
Directorsince 17/06/2022

Other companies at this address

Avenue Palmerston 4 1000 Bruxelles
CompanyCBE no.
Brussels Institute for Geopolitics● Active
0791.390.039
Comité d'Etude de la Corrosion et de la Protection des Canalisations● Active
0421.819.841
Comité national Belge du Conseil International des Grands Réseaux Electriques● Active
0541.464.391
GAS.BE● Active
0402.940.473
lab tq● Active
0898.619.480

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date15/07/202613/02/202605/12/202409/12/202403/01/202303/01/2023
General meeting26/06/202620/06/202506/07/202417/06/202320/05/202221/05/2021
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, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202615/07/2026DutchPDF
Abridged model31/12/202420/06/202513/02/2026DutchPDF
Abridged model31/12/202306/07/202405/12/2024DutchPDF
Abridged model31/12/202217/06/202309/12/2024DutchPDF
Abridged model31/12/202120/05/202203/01/2023DutchPDF
Abridged model31/12/202021/05/202103/01/2023DutchPDF
Abridged model31/12/201919/06/202020/11/2020DutchPDF
Abridged model31/12/201817/05/201925/05/2020FrenchPDF
Abridged model31/12/201711/05/201818/05/2020DutchPDF
Abridged model31/12/201611/05/201707/06/2018FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

7 active · 6 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Fédération des Gestionnaires de Réseaux Electricité et Gaz en Belgique0402.958.091Represented by Tinne Mertens
Directorsince 02/10/2015
Raf Bellers
Directorsince 20/06/2025
François Boisseleau
Persoon belast met dagelijks bestuursince 01/10/2023
Fluvius System Operator0477.445.084Represented by Walter Van den Bossche
Directorsince 02/10/2015
FLUXYS BELGIUM0402.954.628Represented by Pascal De Buck
Directorsince 02/10/2015
ORES Assets0543.696.579Represented by Fernand Grifnée
Directorsince 02/10/2015
RESA0847.027.754Represented by Christian De Laet
Directorsince 02/10/2015

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Elia Group0476.388.378Represented by Frédéric Dunon
Director02/10/2015 → 13/05/2021
SIBELGA0222.869.673Represented by Inne Mertens
Directorsince 17/06/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other05/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other05/07/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates07/06/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates07/06/2024
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates11/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/02/2022
    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
Incorporation1946
Name
Registered office
Annual accounts
Filings8 filings
Mandates
Raf Bellers
François Boisseleau
FLUXYS BELGIUM
Fédération des Gestionnaires de Réseaux Electricité et Gaz en Belgique
Fluvius System Operator
ORES Assets
RESA
SIBELGA
Elia Group
Infrax CVBA
Jean Pierre Hollevoet
1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Synergrid
Avenue Palmerston 4, 1000 Brussels
Director
Persoon belast met dagelijks bestuur
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue Palmerston 4, 1000 BrusselsCurrent
accounts 2020 → 2025
Accounts 2025 · 2026-00294254

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Fédération des Gestionnaires de Réseaux Electricité et Gaz en BelgiqueCurrent
CBE
Synergrid
accounts 2020 → 2025
Accounts 2025 · 2026-00294254

Events

  1. 2025
    Annual accounts 202569,8 k €↑
  2. 2024
    Annual accounts 2024-134,1 k €↑
  3. 2023
    Annual accounts 2023-487,1 k €↓
  4. 2022
    Annual accounts 2022-373,9 k €↓
  5. 2021
    Annual accounts 2021190,6 k €↑
  6. 2020
    Annual accounts 2020109,6 k €↑
  7. 2019
    Annual accounts 201978,4 k €↓
  8. 2017
    Annual accounts 2017260,2 k €
  9. 14/12/1946
    IncorporationNon-profit organization