ACTIVE

C-Energy

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Financial year 2025 · Closed on 31/12/2025

Net result533,1 k €+134,9 %over 1 year
Gross margin1 M €+252,2 %over 1 year
Equity792,2 k €+205,8 %over 1 year
Workforce5,7 ETP+39,0 %over 1 year

Identity

Source · BCE/KBO

C-Energy is a Private limited company incorporated in 1995. Its main activity is: Production of electricity. Its registered office is in Temse. It employs on average 5,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0456.904.543
Incorporation
27/12/1995
Legal form
Private limited company
Registered office
Frank Van Dyckelaan 15
9140 Temse · FlandreSee on map
Contributed capital
9 518 600,00 €
Latest accounts
31/12/2025
Average workforce
5,7 ETP
Joint committees (2)
  • 200
  • 20000
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin1 M €-664,1 k €-293,2 k €-730,3 k €-98,5 k €
EBITDA243,9 k €-1,3 M €-1 M €-975,9 k €-228,1 k €
Operating result243,9 k €-1,3 M €-1,2 M €-1 M €-228,1 k €
Net result533,1 k €-1,5 M €-6,8 M €-1,1 M €-286,5 k €
Balance sheet
Equity792,2 k €259 k €-7,7 M €-871,1 k €251 k €
Total assets8,7 M €6,2 M €2,8 M €7,9 M €6,4 M €
Cash49,2 k €76,7 k €108,7 k €145,6 k €187,3 k €
Debts7,9 M €5,9 M €10,6 M €8,8 M €6,1 M €
Other
Workforce5,7 ETP4,1 ETP4,5 ETP2,3 ETP1,3 ETP

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

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Nova LaGa0563.544.462Represented by Laurence GACOIN
Directorsince 14/12/2020

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Filip cordeel
Manager2019 accounts
Patrick Huybreghts
Manager2018 accounts

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date08/07/202601/07/202515/07/202431/08/202331/08/202220/05/2021
General meeting30/06/202630/06/202528/06/202431/08/202330/08/202217/05/2021
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 model31/12/202530/06/202608/07/2026DutchPDF
Abridged model31/12/202430/06/202501/07/2025DutchPDF
Abridged model31/12/202328/06/202415/07/2024DutchPDF
Abridged model31/12/202231/08/202331/08/2023DutchPDF
Abridged model31/12/202130/08/202231/08/2022DutchPDF
Micro model31/12/202017/05/202120/05/2021DutchPDF
Micro model31/12/201908/09/202006/10/2020DutchPDF
Micro model31/12/201830/06/201930/08/2019DutchPDF
Micro model31/12/201730/06/201831/08/2018DutchPDF
Micro model31/12/201630/06/201731/08/2017DutchPDF
Abridged model31/12/201530/06/201631/08/2016DutchPDF
Abridged model31/12/201430/06/201531/08/2015DutchPDF
Abridged model31/12/201330/06/201426/08/2014DutchPDF
Abridged model31/12/201229/06/201329/08/2013DutchPDF
Abridged model31/12/201129/06/201224/07/2012DutchPDF
Abridged model31/12/201030/06/201122/12/2011DutchPDF
Abridged model31/12/200930/06/201020/10/2010DutchPDF
Abridged model31/12/200830/06/200920/08/2009DutchPDF
Abridged model31/12/200730/06/200808/08/2008DutchPDF
Abridged model31/12/200629/06/200730/08/2007DutchPDF

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

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Nova LaGa0563.544.462Represented by Laurence GACOIN
Directorsince 14/12/2020

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Filip cordeel
Manager2019 accounts
Patrick Huybreghts
Manager2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/04/2024
    DIVERSEN
    PDF
  • Mandates06/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/09/2020
    WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/06/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other07/04/2009
    WIJZIGING MAATSCHAPPELIJK DOEL - STATUTENWIJZIGING
    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
Filings18 filings
Mandates
Nova LaGa
Filip cordeel
Patrick Huybreghts
19951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
C-EnergyMAS FORCE EUROPE
Frank Van Dyckelaan 15, 9140 Temse
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Frank Van Dyckelaan 15, 9140 TemseCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00268917

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
C-EnergyCurrent
accounts 2019 → 2025
Accounts 2025 · 2026-00268917
MAS FORCE EUROPE
accounts 2008 → 2018
Accounts 2018 · 2019-62900522

Events

  1. 2025
    Annual accounts 2025533,1 k €↑
  2. 2024
    Annual accounts 2024-1,5 M €↑
  3. 2023
    Annual accounts 2023-6,8 M €↓
  4. 2022
    Annual accounts 2022-1,1 M €↓
  5. 2021
    Annual accounts 2021-286,5 k €↓
  6. 2020
    Annual accounts 2020129,9 k €↑
  7. 2019
    Annual accounts 201910,3 k €↑
  8. 2019
    Name changeC-Energy
  9. 2018
    Annual accounts 20188,9 k €↓
  10. 2017
    Annual accounts 2017279,3 k €↑
  11. 2016
    Annual accounts 201621,5 k €↓
  12. 2015
    Annual accounts 2015299,7 k €↑
  13. 2014
    Annual accounts 201450 k €↑
  14. 2013
    Annual accounts 2013-92,4 k €↓
  15. 2012
    Annual accounts 2012482 €↑
  16. 2011
    Annual accounts 2011-93,5 k €↑
  17. 2010
    Annual accounts 2010-111,3 k €↓
  18. 2009
    Annual accounts 2009-80,9 k €↓
  19. 2008
    Annual accounts 2008-43,6 k €
  20. 27/12/1995
    IncorporationPrivate limited company