ACTIVE

ELECTRABEL GREEN PROJECTS FLANDERS

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Financial year 2025 · Closed on 31/12/2025

Net result-881,2 k €-142,5 %over 1 year
Revenue4,4 M €-10,9 %over 1 year
Equity15,4 M €-5,6 %over 1 year

Identity

Source · BCE/KBO

ELECTRABEL GREEN PROJECTS FLANDERS is a Public limited company incorporated in 1999. Its main activity is: Production of electricity. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.399.763
Incorporation
05/02/1999
Legal form
Public limited company
Registered office
Boulevard Simon Bolivar 36
1000 Bruxelles · BruxellesSee on map
Contributed capital
13 820 489,26 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue4,4 M €5 M €10,6 M €5,3 M €6,6 M €
EBITDA1,6 M €2,4 M €8,1 M €4,7 M €4,5 M €
Operating result-934,8 k €-459 k €5,2 M €264,5 k €212,6 k €
Net result-881,2 k €-363,4 k €3,9 M €49,5 k €-144,4 k €
Balance sheet
Equity15,4 M €16,3 M €18 M €15,4 M €15,4 M €
Total assets18,6 M €19,5 M €24,2 M €25,3 M €28,4 M €
Cash–––––
Debts1,1 M €932,5 k €4,1 M €7,9 M €11,1 M €

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

11 active · 22 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Geert Dhooghe
Director18/11/2025 → 16/06/2026
Ann Naessens
Director15/06/2009 → 18/11/2025
Christophe De Waele
Director17/06/2019 → 19/06/2029
Christophe Lamoureux
Director21/11/2023 → 19/06/2029
Harold Vanheel
Director17/06/2013 → 19/06/2029
Lionel Matthysen
Director01/10/2014 → 19/06/2029
Luc Van Hove
Director17/06/2019 → 19/06/2029
Nicolas Van den Abeele
Chairman of the board of directors14/03/2023 → 19/06/2029
Rik Soens
Vice-chairman of the board of directors15/06/2020 → 19/06/2029Director17/06/2013 → 2020 accountsended
Siegried Vanhevel
Director31/05/2024 → 19/06/2029
Tom Bollaert
Director09/12/2014 → 19/06/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Filip Meuleman
Chairman of the board of directors21/06/2021 → 2023 accountsDirector17/09/2020 → 2020 accounts
François Thoumsin
Chairman of the board of directors15/06/2020 → 17/09/2020

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Boulevard Simon Bolivar 36 1000 Bruxelles
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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date22/06/202623/06/202520/06/202430/05/202327/06/202201/07/2021
General meeting16/06/202617/06/202518/06/202430/05/202320/06/202221/06/2021
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
Full model31/12/202516/06/202622/06/2026DutchPDF
Full model31/12/202417/06/202523/06/2025DutchPDF
Full model31/12/202318/06/202420/06/2024DutchPDF
Full model31/12/202230/05/202330/05/2023DutchPDF
Full model31/12/202120/06/202227/06/2022DutchPDF
Full model31/12/202021/06/202101/07/2021DutchPDF
Full model31/12/201915/06/202019/06/2020DutchPDF
Full model31/12/201817/06/201904/07/2019DutchPDF
Full model31/12/201718/06/201817/07/2018DutchPDF
Full model31/12/201619/06/201704/07/2017DutchPDF
Full model31/12/201520/06/201622/06/2016DutchPDF
Full model31/12/201415/06/201524/06/2015DutchPDF
Full model31/12/201316/06/201418/06/2014DutchPDF
Full model31/12/201217/06/201320/06/2013DutchPDF
Full model31/12/201118/06/201221/06/2012DutchPDF
Full model31/12/201020/06/201124/06/2011DutchPDF
Full model31/12/200921/06/201024/06/2010DutchPDF
Full model31/12/200815/06/200913/07/2009DutchPDF
Full model31/12/200716/06/200827/06/2008DutchPDF
Full model31/12/200618/06/200725/06/2007DutchPDF

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

11 active · 22 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Geert Dhooghe
Director18/11/2025 → 16/06/2026
Ann Naessens
Director15/06/2009 → 18/11/2025
Christophe De Waele
Director17/06/2019 → 19/06/2029
Christophe Lamoureux
Director21/11/2023 → 19/06/2029
Harold Vanheel
Director17/06/2013 → 19/06/2029
Lionel Matthysen
Director01/10/2014 → 19/06/2029
Luc Van Hove
Director17/06/2019 → 19/06/2029
Nicolas Van den Abeele
Chairman of the board of directors14/03/2023 → 19/06/2029
Rik Soens
Vice-chairman of the board of directors15/06/2020 → 19/06/2029Director17/06/2013 → 2020 accountsended
Siegried Vanhevel
Director31/05/2024 → 19/06/2029
Tom Bollaert
Director09/12/2014 → 19/06/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Filip Meuleman
Chairman of the board of directors21/06/2021 → 2023 accountsDirector17/09/2020 → 2020 accounts
François Thoumsin
Chairman of the board of directors15/06/2020 → 17/09/2020

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares05/10/2026
    KAPITAAL, AANDELEN
    PDF
  • Mandates29/07/2026
    ONTSLAGEN, BENOEMINGEN, DIVERSEN
    PDF
  • Mandates07/01/2026
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/08/2024
    DIVERSEN
    PDF
  • Mandates02/08/2024
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2024
    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
Incorporation
Name
Registered office
Annual accounts
Filings16 filings
Mandates
Geert Dhooghe
Rik Soens
Luc Van Hove
Christophe De Waele
Christophe Lamoureux
Harold Vanheel
Ann Naessens
Nicolas Van den Abeele
Siegried Vanhevel
Tom Bollaert
Lionel Matthysen
Filip Meuleman
1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
ELECTRABEL GREEN PROJECTS FLANDERSEGPFELECTRABEL GREEN PROJECTS FLANDERS
Boulevard Simon Bolivar 36, 1000 Brussels
Vice-chairman of the board of directorsDirector
Director
Director
Director
Director
Director
Chairman of the board of directors
Director
Director
Director
Chairman of the board of directors
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard Simon Bolivar 36, 1000 BrusselsCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00206406
Simon Bolivarlaan 34, 1000 Brussels
accounts 2021
Accounts 2021 · 2022-20130668

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ELECTRABEL GREEN PROJECTS FLANDERSCurrent
accounts 2025
Accounts 2025 · 2026-00206406
EGPF
accounts 2021 → 2024
Accounts 2024 · 2025-00189310
ELECTRABEL GREEN PROJECTS FLANDERS
accounts 2009 → 2020
Accounts 2020 · 2021-29400316

Events

  1. 2025
    Annual accounts 2025-881,2 k €↓
  2. 2025
    Name changeELECTRABEL GREEN PROJECTS FLANDERS
  3. 18/11/2025
    nominationGeert Dhooghe · bestuurder
  4. 16/06/2025
    reconductionRik Soens · Raad van Bestuur
  5. 16/06/2025
    reconductionLuc Van Hove · Raad van Bestuur
  6. 16/06/2025
    reconductionHarold Vanheel · Raad van Bestuur
  7. 16/06/2025
    reconductionChristophe Lamoureux · Raad van Bestuur
  8. 16/06/2025
    reconductionLionel Matthysen · Raad van Bestuur
  9. 16/06/2025
    reconductionNicolas Van de Abeele · Raad van Bestuur
  10. 16/06/2025
    reconductionSiegfried Vanhevel · Raad van Bestuur
  11. 16/06/2025
    reconductionChristophe De Waele · Raad van Bestuur
  12. 16/06/2025
    reconductionTom Bollaert · Raad van Bestuur
  13. 16/06/2025
    reconductionAnn Naessens · Raad van Bestuur
  14. 01/01/2025
    nominationJo Van Baelen · vaste vertegenwoordiger van de commissaris
  15. 2024
    Annual accounts 2024-363,4 k €↓
  16. 19/11/2024
    nominationSiegfried Vanhevel · bestuurder
  17. 2023
    Annual accounts 20233,9 M €↑
  18. 21/11/2023
    nominationChristophe Lamoureux · bestuurder
  19. 14/03/2023
    nominationNicolas Van den Abeele · bestuurder en Voorzitter
  20. 2022
    Annual accounts 202249,5 k €↑
  21. 2021
    Annual accounts 2021-144,4 k €↓
  22. 2021
    Name changeEGPF
  23. 2020
    Annual accounts 20202,5 M €↑
  24. 2019
    Annual accounts 2019783,3 k €↓
  25. 2018
    Annual accounts 20181,7 M €↓
  26. 2016
    Annual accounts 20164,4 M €↑
  27. 2015
    Annual accounts 20153,2 M €↑
  28. 2014
    Annual accounts 20141,8 M €↓
  29. 2013
    Annual accounts 20131,8 M €↓
  30. 2012
    Annual accounts 20122,3 M €↓
  31. 2011
    Annual accounts 20112,4 M €↑
  32. 2010
    Annual accounts 20102,2 M €↓
  33. 2009
    Annual accounts 20093,4 M €
  34. 05/02/1999
    IncorporationPublic limited company