ACTIVE

Elia Engineering

Financial year 2025 · Closed on 31/12/2025

Net result1,8 M €+10,7 %over 1 year
Revenue51,3 M €+18,1 %over 1 year
Equity15,4 M €+12,9 %over 1 year
Workforce284,6 ETP+16,2 %over 1 year

Identity

Source · BCE/KBO

Elia Engineering is a Public limited company incorporated in 2000. Its registered office is in Bruxelles. It employs on average 284,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0471.869.861
Incorporation
12/05/2000
Legal form
Public limited company
Registered office
Boulevard de l'Empereur 20
1000 Bruxelles · BruxellesSee on map
Contributed capital
307 266,00 €
Latest accounts
31/12/2025
Average workforce
284,6 ETP
Joint committees (3)
  • 200
  • 218
  • 326
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue51,3 M €43,4 M €38,1 M €33,6 M €31,6 M €
EBITDA2,5 M €2,2 M €1,9 M €1,7 M €1,6 M €
Operating result2,4 M €2,1 M €1,8 M €1,6 M €1,5 M €
Net result1,8 M €1,6 M €1,1 M €823,2 k €849,6 k €
Balance sheet
Equity15,4 M €13,7 M €12,1 M €10,9 M €10,1 M €
Total assets25,9 M €22,5 M €22,9 M €18,5 M €16,9 M €
Cash1,1 M €1 M €797,6 k €927,6 k €911,5 k €
Debts10,4 M €8,8 M €10,8 M €7,6 M €6,8 M €
Other
Workforce284,6 ETP244,9 ETP210,1 ETP200,3 ETP189,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 56 ended

Active mandates

Claire Tomasina

Director · since 13 mars 2026 · until 08 mai 2029

Active
David Zenner

Managing director · since 14 mai 2024 · until 11 mai 2027

Active
Markus Berger

Chairman of the board of directors · since 14 mai 2024 · until 12 mars 2026

Active
Peter Michiels

Director · since 14 mai 2024 · until 12 mars 2026

Active

Ended mandates

David Zenner

Director · since 14 mai 2024 · until 11 mai 2027

Ended
Markus Berger

Chairman of the board of directors · since 14 mai 2024 · until 11 mai 2027

Ended
Peter Michiels

Director · since 14 mai 2024 · until 11 mai 2027

Ended
Peter Michiels

Director · since 10 mai 2022 · until 14 mai 2024

Ended

Other companies at this address

Boulevard de l'Empereur 20 1000 Bruxelles
CompanyCBE no.
ELIA ASSET● Active
0475.028.202
0549.780.459
Elia Group● Active
0476.388.378
0731.852.231
0823.637.886
re.alto-energy● Active
0731.852.330
WindGrid● Active
0784.365.061

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 date04/06/202620/06/202524/06/202414/06/202324/06/202211/05/2021
General meeting12/05/202613/05/202514/05/202409/05/202310/05/202230/04/2021
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, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/05/202604/06/2026FrenchPDF
Full model31/12/202512/05/202604/06/2026DutchPDF
Full model31/12/202413/05/202520/06/2025FrenchPDF
Full model31/12/202413/05/202520/06/2025DutchPDF
Full model31/12/202314/05/202424/06/2024DutchPDF
Full model31/12/202314/05/202424/06/2024FrenchPDF
Full model31/12/202209/05/202314/06/2023FrenchPDF
Full model31/12/202209/05/202314/06/2023DutchPDF
Full model31/12/202110/05/202224/06/2022DutchPDF
Full model31/12/202110/05/202224/06/2022FrenchPDF
Full model31/12/202030/04/202111/05/2021DutchPDF
Full model31/12/202030/04/202111/05/2021FrenchPDF
Full model31/12/201924/04/202013/05/2020DutchPDF
Full model31/12/201924/04/202012/05/2020FrenchPDF
Full model31/12/201826/04/201922/05/2019FrenchPDF
Full model31/12/201826/04/201922/05/2019DutchPDF
Full model31/12/201727/04/201831/05/2018DutchPDF
Full model31/12/201727/04/201831/05/2018FrenchPDF
Full model31/12/201628/04/201711/05/2017DutchPDF
Full model31/12/201628/04/201711/05/2017FrenchPDF
Full model31/12/201529/04/201620/05/2016DutchPDF
Full model31/12/201529/04/201620/05/2016FrenchPDF
Full model31/12/201424/04/201504/06/2015FrenchPDF
Full model31/12/201424/04/201504/06/2015DutchPDF
Full model31/12/201325/04/201426/05/2014DutchPDF
Full model31/12/201325/04/201426/05/2014FrenchPDF
Full model31/12/201226/04/201329/05/2013FrenchPDF
Full model31/12/201226/04/201329/05/2013DutchPDF
Full model31/12/201127/04/201215/05/2012DutchPDF
Full model31/12/201127/04/201215/05/2012FrenchPDF
Full model31/12/201029/04/201124/05/2011DutchPDF
Full model31/12/201029/04/201124/05/2011FrenchPDF
Full model31/12/200930/04/201004/06/2010FrenchPDF
Full model31/12/200930/04/201004/06/2010DutchPDF
Full model31/12/200824/04/200913/05/2009FrenchPDF
Full model31/12/200824/04/200913/05/2009DutchPDF
Full model31/12/200725/04/200823/05/2008FrenchPDF
Full model31/12/200725/04/200823/05/2008DutchPDF
Full model31/12/200627/04/200703/08/2007DutchPDF
Full model31/12/200627/04/200703/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 56 ended

Active mandates

Claire Tomasina

Director · since 13 mars 2026 · until 08 mai 2029

Active
David Zenner

Managing director · since 14 mai 2024 · until 11 mai 2027

Active
Markus Berger

Chairman of the board of directors · since 14 mai 2024 · until 12 mars 2026

Active
Peter Michiels

Director · since 14 mai 2024 · until 12 mars 2026

Active

Ended mandates

David Zenner

Director · since 14 mai 2024 · until 11 mai 2027

Ended
Markus Berger

Chairman of the board of directors · since 14 mai 2024 · until 11 mai 2027

Ended
Peter Michiels

Director · since 14 mai 2024 · until 11 mai 2027

Ended
Peter Michiels

Director · since 10 mai 2022 · until 14 mai 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other11/09/2026
    Neerlegging van een mededeling overeenkomstig artikel 2:8, $4 van het
    PDF
  • Other11/09/2026
    Dépôt d'une déclaration conformément à l'article 2:8, $4 du Code des
    PDF
  • Restructuring04/09/2026
    dépôt du projet de fusion
    PDF
  • Restructuring04/09/2026
    Neerlegging fusievoorstel
    PDF
  • Mandates15/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2025
    DEMISSIONS, NOMINATIONS
    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 20251,8 M €↑
  2. 2024
    Annual accounts 20241,6 M €↑
  3. 2023
    Annual accounts 20231,1 M €↑
  4. 2022
    Annual accounts 2022823,2 k €↓
  5. 2021
    Annual accounts 2021849,6 k €↑
  6. 2020
    Annual accounts 2020762,8 k €↑
  7. 2019
    Annual accounts 2019742,8 k €↓
  8. 2018
    Annual accounts 2018874,5 k €↓
  9. 2017
    Annual accounts 2017946,5 k €↑
  10. 2016
    Annual accounts 2016915,5 k €↑
  11. 2015
    Annual accounts 2015824,1 k €↓
  12. 2014
    Annual accounts 2014927,2 k €↑
  13. 2013
    Annual accounts 2013671,6 k €↓
  14. 2012
    Annual accounts 2012801,3 k €↑
  15. 2011
    Annual accounts 2011712,3 k €↓
  16. 2010
    Annual accounts 2010755,8 k €↓
  17. 2009
    Annual accounts 2009906,1 k €↓
  18. 2008
    Annual accounts 20081,3 M €↓
  19. 2007
    Annual accounts 20071,4 M €
  20. 12/05/2000
    IncorporationPublic limited company