ACTIVE

FIEVA

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Financial year 2025 · Closed on 31/12/2025

Net result
554,3 k €
+413,6 %over 1 year
Revenue
5,4 M €
Equity
12,6 M €
-2,3 %over 1 year
Workforce
0,0 ETP

Identity

Source · BCE/KBO

FIEVA is a General partnership incorporated in 1997. Its main activity is: Production of electricity. Its registered office is in Dentergem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.584.297
Incorporation
03/10/1997
Legal form
General partnership
Registered office
Groenhove(Wak) 18
8720 Dentergem · Flandre
Contributed capital
8 543 530,65 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue5,4 M €––––
EBITDA4,1 M €3,4 M €4,3 M €6,4 M €4,7 M €
Operating result926,5 k €218,3 k €1 M €3,1 M €1,4 M €
Net result554,3 k €-176,8 k €209,1 k €2,2 M €277,5 k €
Balance sheet
Equity12,6 M €12,9 M €14,1 M €14,7 M €13,4 M €
Total assets28 M €31,8 M €36,4 M €40,4 M €43,3 M €
Cash3,1 M €2,7 M €1,8 M €3,4 M €5,5 M €
Debts15,1 M €18,5 M €21,8 M €25,4 M €29,5 M €
Other
Workforce0,0 ETP0,0 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 33 ended

Active mandates

Michel Nimeh

Manager · since 23 février 2026

Active
Hans Peter Vestergaard

Manager · since 14 octobre 2024 · until 23 février 2026

Active
ELLECON

Manager · since 03 mai 2021 · 0508.440.940

Represented by Van NIEUWENHUYSE ELIEN

Active
Marcus Anders

Manager · since 22 avril 2016 · until 23 février 2026

Active

Ended mandates

Hans Peter Vestergaard

Manager · since 14 octobre 2024

Ended
Robin Hirschl

Manager · since 10 mai 2022 · until 14 octobre 2024

Ended
Robin Hirschl

Manager · since 10 mai 2022

Ended
ELLECON

Manager · since 03 mai 2021 · 0508.440.940

Represented by Elien Van Nieuwenhuyse

Ended

Other companies at this address

Groenhove(Wak) 18 8720 Dentergem
CompanyCBE no.
ELLECON● Active
0508.440.940
Obton Chimay● Active
0700.590.913
Obton Solenergi Chimay● Active
0700.593.188
Suncop 3● Active
0832.565.153

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 date05/06/202607/07/202521/11/202429/12/202310/06/202220/05/2021
General meeting06/05/202630/06/202502/05/202416/06/202304/05/202205/05/2021
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 model31/12/202506/05/202605/06/2026DutchPDF
Abridged model31/12/202430/06/202507/07/2025DutchPDF
Abridged model31/12/202302/05/202421/11/2024DutchPDF
Abridged model31/12/202216/06/202329/12/2023DutchPDF
Abridged model31/12/202104/05/202210/06/2022DutchPDF
Abridged model31/12/202005/05/202120/05/2021DutchPDF
Abridged model31/12/201906/05/202008/05/2020DutchPDF
Full model31/12/201804/06/201906/06/2019DutchPDF
Full model31/12/201702/05/201803/05/2018DutchPDF
Full model31/12/201616/06/201722/06/2017DutchPDF
Full model31/12/201530/06/201604/07/2016DutchPDF
Full model31/12/201406/05/201521/05/2015DutchPDF
Full model31/12/201330/05/201428/08/2014DutchPDF
Full model31/12/201231/05/201316/07/2013DutchPDF
Full model31/12/201102/03/201220/04/2012DutchPDF
Full model31/12/201008/06/201122/06/2011DutchPDF
Full model31/12/200909/06/201021/06/2010DutchPDF
Abridged model31/12/200830/06/200931/07/2009DutchPDF
Abridged model31/03/200801/09/200830/10/2008DutchPDF
Abridged model31/03/200717/09/200705/02/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 33 ended

Active mandates

Michel Nimeh

Manager · since 23 février 2026

Active
Hans Peter Vestergaard

Manager · since 14 octobre 2024 · until 23 février 2026

Active
ELLECON

Manager · since 03 mai 2021 · 0508.440.940

Represented by Van NIEUWENHUYSE ELIEN

Active
Marcus Anders

Manager · since 22 avril 2016 · until 23 février 2026

Active

Ended mandates

Hans Peter Vestergaard

Manager · since 14 octobre 2024

Ended
Robin Hirschl

Manager · since 10 mai 2022 · until 14 octobre 2024

Ended
Robin Hirschl

Manager · since 10 mai 2022

Ended
ELLECON

Manager · since 03 mai 2021 · 0508.440.940

Represented by Elien Van Nieuwenhuyse

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/06/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/10/2019
    KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 23/02/2026
    nominationMichel Nimeh — niet-statutaire zaakvoerder
  2. 2025
    Annual accounts 2025554,3 k €↑
  3. 2024
    Annual accounts 2024-176,8 k €↓
  4. 19/12/2024
    nominationKevin Defauw — commissaris (vaste vertegenwoordiger voor BV BDO Bedrijfsrevisoren)
  5. 14/10/2024
    nominationHans Peter Vestergaard — niet-statutaire zaakvoerder
  6. 2023
    Annual accounts 2023209,1 k €↓
  7. 2022
    Annual accounts 20222,2 M €↑
  8. 10/05/2022
    demissionPeter Krogsgaard Jorgensen — zaakvoerder
  9. 10/05/2022
    nominationRobin Hirscht — zaakvoerder
  10. 2021
    Annual accounts 2021277,5 k €↑
  11. 2018
    Annual accounts 2018277,4 k €↑
  12. 2017
    Annual accounts 2017-370,2 k €↑
  13. 2016
    Annual accounts 2016-1,1 M €↓
  14. 2015
    Annual accounts 201588,5 k €↑
  15. 2014
    Annual accounts 2014-317,9 k €↑
  16. 2013
    Annual accounts 2013-686 k €↑
  17. 2012
    Annual accounts 2012-861,5 k €↓
  18. 2011
    Annual accounts 2011-534,4 k €↓
  19. 2010
    Annual accounts 2010205,3 k €↑
  20. 2009
    Annual accounts 200988,4 k €↑
  21. 2008
    Annual accounts 200872,3 k €↑
  22. 2008
    Annual accounts 20088 k €↑
  23. 2007
    Annual accounts 2007-3,9 k €
  24. 03/10/1997
    IncorporationGeneral partnership