OPENING OF BANKRUPTCY

EUROPOWER GENERATORS

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Company — Opening of bankruptcy.

Strike-off: 25 juin 2026

Financial year 2024 · Closed on 31/12/2024

Net result-5,7 M €-822,0 %over 1 year
Revenue59,9 M €+125,6 %over 1 year
Equity-2,1 M €-152,4 %over 1 year
Workforce82,1 ETP+24,6 %over 1 year

Identity

Source · BCE/KBO

EUROPOWER GENERATORS is a Private limited company incorporated in 1986. Its registered office is in Nieuwerkerken (Limb.). It employs on average 82,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0429.593.895
Incorporation
12/10/1986
Legal form
Private limited company
Registered office
Tegelrijstraat 175
3850 Nieuwerkerken (Limb.) · FlandreSee on map
Contributed capital
14 912,00 €
Latest accounts
31/12/2024
Average workforce
82,1 ETP
Joint committees (2)
  • 111
  • 209
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 16 financial years

20242023202220202019
Income statement
Revenue59,9 M €26,5 M €19,8 M €17,5 M €17 M €
EBITDA-3 M €1,6 M €58,8 k €1,1 M €383,2 k €
Operating result-4,4 M €1,2 M €257,7 k €638,9 k €206,8 k €
Net result-5,7 M €794,8 k €151,7 k €482,1 k €199,9 k €
Balance sheet
Equity-2,1 M €4 M €3,7 M €4,9 M €5,7 M €
Total assets39,9 M €18 M €8,3 M €6,9 M €9,1 M €
Cash4 M €1,5 M €122,3 k €46 k €76,9 k €
Debts41,2 M €13,9 M €4,6 M €1,8 M €3,3 M €
Other
Workforce82,1 ETP65,9 ETP61,8 ETP18,3 ETP19,2 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 8 ended

Active mandates

VYVAPOWER

Bestuurder · since 11 février 2022 · 0781.811.387

Represented by Kurt Van Dal

Active

Ended mandates

Vyvapower NV

Bestuurder · since 11 février 2022

Represented by Kurt Van Dal

Ended
Red Apple Investments

Director · since 27 octobre 2020 · 0673.600.860

Represented by Kurt Van Dal

Ended
Red Apple Investments NV

Bestuurder · since 27 octobre 2020 · until 11 février 2022

Represented by Kurt Van Dal

Ended
HEPE STEMAX

Administrator - manager · 0866.504.859

Represented by Lucas Heylands

Ended

Other companies at this address

Tegelrijstraat 175 3850 Nieuwerkerken (Limb.)
CompanyCBE no.
BLUE GREEN MANAGEMENT GROUP● Bankrupt
0833.499.125
ENVIRONMENTAL INDUSTRIAL POWER APPLICATIONS● Active
0455.684.917
EPEGE● Active
0476.675.618
Europower Generators Group● Active
0737.582.654
Meddition● Liquidation
0707.932.724
MEUVACO● Active
0764.665.846
Red Apple Investments● Bankrupt
0673.600.860
VYVAPOWER● Bankrupt
0781.811.387
VYVIMMO● Active
1003.371.364

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202301/04/202201/04/202101/04/202001/04/201901/04/2018
Closing of the financial year31/12/202431/03/202331/03/202231/03/202131/03/202031/03/2019
Length of the financial year21 months12 months12 months12 months12 months12 months
Filing date28/07/202517/10/202328/10/202217/11/202106/10/202031/10/2019
General meeting24/07/202530/09/202325/10/202215/11/202126/09/202028/09/2019
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202424/07/202528/07/2025DutchPDF
Full model31/03/202330/09/202317/10/2023DutchPDF
Full model31/03/202225/10/202228/10/2022DutchPDF
Full model31/03/202115/11/202117/11/2021DutchPDF
Full model31/03/202026/09/202006/10/2020DutchPDF
Full model31/03/201928/09/201931/10/2019DutchPDF
Full model31/03/201829/09/201808/10/2018DutchPDF
Full model31/03/201704/08/201731/08/2017DutchPDF
Full model31/03/201627/07/201624/08/2016DutchPDF
Full model31/03/201530/09/201530/09/2015DutchPDF
Full model31/03/201427/09/201430/09/2014DutchPDF
Full modelCorrection31/03/201327/11/201328/11/2013DutchPDF
Full model31/03/201324/06/201330/07/2013DutchPDF
Full model31/03/201230/06/201226/07/2012DutchPDF
Full model31/03/201105/05/201105/05/2011DutchPDF
Full model31/03/201028/05/201001/06/2010DutchPDF
Full model31/03/200925/05/200929/06/2009DutchPDF
Abridged model31/12/200726/04/200816/07/2008DutchPDF
Abridged model31/12/200630/06/200726/07/2007DutchPDF

Indicative valuation

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 31/12/2024

1 active · 8 ended

Active mandates

VYVAPOWER

Bestuurder · since 11 février 2022 · 0781.811.387

Represented by Kurt Van Dal

Active

Ended mandates

Vyvapower NV

Bestuurder · since 11 février 2022

Represented by Kurt Van Dal

Ended
Red Apple Investments

Director · since 27 octobre 2020 · 0673.600.860

Represented by Kurt Van Dal

Ended
Red Apple Investments NV

Bestuurder · since 27 octobre 2020 · until 11 février 2022

Represented by Kurt Van Dal

Ended
HEPE STEMAX

Administrator - manager · 0866.504.859

Represented by Lucas Heylands

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares06/03/2026
    KAPITAAL - AANDELEN
    PDF
  • Mandates18/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/03/2024
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates19/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/12/2020
    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. 2024
    Annual accounts 2024-5,7 M €↓
  2. 2023
    Annual accounts 2023794,8 k €↑
  3. 2022
    Annual accounts 2022151,7 k €↓
  4. 2020
    Annual accounts 2020482,1 k €↑
  5. 2019
    Annual accounts 2019199,9 k €↓
  6. 2018
    Annual accounts 2018542,2 k €↓
  7. 2017
    Annual accounts 2017762,7 k €↑
  8. 2016
    Annual accounts 2016567,6 k €↑
  9. 2015
    Annual accounts 2015260,3 k €↑
  10. 2014
    Annual accounts 201480,4 k €↓
  11. 2013
    Annual accounts 2013293,5 k €↓
  12. 2011
    Annual accounts 2011614,7 k €↑
  13. 2010
    Annual accounts 201041,1 k €↓
  14. 2009
    Annual accounts 2009421,8 k €↓
  15. 2007
    Annual accounts 2007598,3 k €↓
  16. 2006
    Annual accounts 2006677,6 k €
  17. 12/10/1986
    IncorporationPrivate limited company