ACTIVE

IRENE III

Financial year 2025 · Closed on 31/12/2025

Net result51,8 k €+715,2 %over 1 year
Revenue556,1 k €+19,7 %over 1 year
Equity2,1 M €+2,5 %over 1 year

Identity

Source · BCE/KBO

IRENE III is a Public limited company incorporated in 1993. Its main activity is: Production of electricity. Its registered office is in Heusden-Zolder.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.483.737
Incorporation
07/07/1993
Legal form
Public limited company
Registered office
De Lange Beemden 14.1
3550 Heusden-Zolder · FlandreSee on map
Contributed capital
300 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue556,1 k €464,6 k €570,5 k €642,6 k €556 k €
EBITDA392,4 k €304,1 k €352,8 k €479 k €457,5 k €
Operating result95 k €13,9 k €102,6 k €187,3 k €165,2 k €
Net result51,8 k €-8,4 k €52,8 k €117,1 k €113,6 k €
Balance sheet
Equity2,1 M €2,1 M €2,1 M €2,5 M €2,4 M €
Total assets3,1 M €3,4 M €4,1 M €4,3 M €4,6 M €
Cash424,4 k €246,5 k €113,4 k €121 k €119,7 k €
Debts1 M €1,3 M €1,9 M €1,8 M €2,1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 34 ended

Active mandates

PATRONALE LIFE

Chairman of the board of directors · since 06 juin 2023 · until 27 avril 2028 · 0415.120.705

Represented by Filip MOEYKENS

Active
ENERGY SOLUTIONS GROUP

Managing director · since 27 avril 2023 · until 27 avril 2028 · 0643.473.155

Represented by Bert CREEMERS

Active
RENTFIN

Director · since 27 avril 2023 · until 27 avril 2028 · 0787.966.929

Represented by Peggy RENTMEESTERS

Active
SIVA

Director · since 30 mars 2020 · until 27 avril 2028 · 0883.085.426

Represented by Bart Van Vooren

Active

Ended mandates

Bert CREEMERS

Director · since 30 mars 2020 · until 27 avril 2023

Ended
Bert CREEMERS

Director · since 30 mars 2020 · until 23 avril 2026

Ended
Diederik BAETE

Director · since 30 mars 2020 · until 27 avril 2023

Ended
Diederik BAETE

Director · since 30 mars 2020 · until 23 avril 2026

Ended

Other companies at this address

De Lange Beemden 14.1 3550 Heusden-Zolder
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0818.044.253
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0812.185.651
0526.824.222
BERIGIS● Active
0818.049.401
BLUE LINES GPC● Active
0536.235.103
CERIGIS● Active
0819.580.615
0837.014.285
DERIGIS● Active
0828.176.991
Ecorus Invest I● Active
0829.649.512
0842.640.582
0837.593.812
Ed. Proj. Gamma● Active
0833.725.985
Ed. Proj. Iota● Active
0898.962.643
ED. PROJ. OMEGA● Active
0835.269.770
Ed. Proj. Phi● Active
0816.861.348
Ed. Proj. Rho.● Active
0817.996.248
0824.798.225
0643.473.155
ERIGIS● Active
0841.811.926

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 date16/06/202616/06/202613/06/202422/05/202308/07/202210/05/2021
General meeting29/05/202628/05/202617/05/202427/04/202328/04/202203/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202616/06/2026DutchPDF
Abridged modelCorrection31/12/202428/05/202616/06/2026DutchPDF
Abridged model31/12/202424/04/202515/05/2025DutchPDF
Abridged model31/12/202317/05/202413/06/2024DutchPDF
Abridged model31/12/202227/04/202322/05/2023DutchPDF
Abridged model31/12/202128/04/202208/07/2022DutchPDF
Abridged model31/12/202003/05/202110/05/2021DutchPDF
Abridged model31/12/201923/10/202029/10/2020DutchPDF
Abridged model31/12/201817/05/201905/08/2019DutchPDF
Abridged model31/12/201702/05/201812/06/2018DutchPDF
Abridged model31/12/201602/06/201712/07/2017DutchPDF
Abridged model31/12/201502/05/201618/05/2016DutchPDF
Abridged model31/12/201405/05/201518/06/2015DutchPDF
Abridged model31/12/201306/05/201401/07/2014DutchPDF
Abridged model31/12/201231/05/201307/06/2013DutchPDF
Abridged model31/12/201130/06/201212/07/2012DutchPDF
Abridged model31/12/201031/10/201131/10/2011DutchPDF
Abridged model31/12/200930/06/201031/08/2010DutchPDF
Abridged model31/12/200830/06/200930/09/2009DutchPDF
Abridged model31/12/200730/05/200831/08/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

4 active · 34 ended

Active mandates

PATRONALE LIFE

Chairman of the board of directors · since 06 juin 2023 · until 27 avril 2028 · 0415.120.705

Represented by Filip MOEYKENS

Active
ENERGY SOLUTIONS GROUP

Managing director · since 27 avril 2023 · until 27 avril 2028 · 0643.473.155

Represented by Bert CREEMERS

Active
RENTFIN

Director · since 27 avril 2023 · until 27 avril 2028 · 0787.966.929

Represented by Peggy RENTMEESTERS

Active
SIVA

Director · since 30 mars 2020 · until 27 avril 2028 · 0883.085.426

Represented by Bart Van Vooren

Active

Ended mandates

Bert CREEMERS

Director · since 30 mars 2020 · until 27 avril 2023

Ended
Bert CREEMERS

Director · since 30 mars 2020 · until 23 avril 2026

Ended
Diederik BAETE

Director · since 30 mars 2020 · until 27 avril 2023

Ended
Diederik BAETE

Director · since 30 mars 2020 · until 23 avril 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2020
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2018
    MAATSCHAPPELIJKE ZETEL - 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. 2025
    Annual accounts 202551,8 k €↑
  2. 2024
    Annual accounts 2024-8,4 k €↓
  3. 2023
    Annual accounts 202352,8 k €↓
  4. 2022
    Annual accounts 2022117,1 k €↑
  5. 2021
    Annual accounts 2021113,6 k €↓
  6. 2020
    Annual accounts 2020226,7 k €↑
  7. 2019
    Annual accounts 201972,4 k €↑
  8. 2018
    Annual accounts 201841,8 k €↓
  9. 2017
    Annual accounts 2017173 k €↓
  10. 2016
    Annual accounts 2016185 k €↓
  11. 2015
    Annual accounts 2015292,7 k €↑
  12. 2014
    Annual accounts 2014103,7 k €↑
  13. 2013
    Annual accounts 2013-21,7 k €↑
  14. 2012
    Annual accounts 2012-35,7 k €↓
  15. 2012
    Name changeIRENE III
  16. 2011
    Annual accounts 20117,8 k €↑
  17. 2010
    Annual accounts 20101,3 k €↑
  18. 2009
    Annual accounts 2009-7,8 k €↑
  19. 2008
    Annual accounts 2008-73,5 k €↓
  20. 2007
    Annual accounts 2007-1,5 k €
  21. 2007
    Name changeFAIRELL
  22. 07/07/1993
    IncorporationPublic limited company