ACTIVE

ELIA ASSET

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Financial year 2025 · Closed on 31/12/2025

Net result140,2 M €+27,2 %over 1 year
Revenue963,7 M €+15,5 %over 1 year
Equity1,7 Md €-2,1 %over 1 year
Workforce999,9 ETP+6,7 %over 1 year

Identity

Source · BCE/KBO

ELIA ASSET is a Public limited company incorporated in 2001. Its main activity is: Transmission of electricity. Its registered office is in Bruxelles. It employs on average 999,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0475.028.202
Incorporation
29/06/2001
Legal form
Public limited company
Registered office
Boulevard de l'Empereur 20
1000 Bruxelles · BruxellesSee on map
Contributed capital
1 603 839 377,21 €
Latest accounts
31/12/2025
Average workforce
999,9 ETP
Joint committees (2)
  • 326
  • 32600
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 42 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue963,7 M €834 M €764,5 M €698,9 M €639,2 M €
EBITDA532,8 M €448,3 M €439,5 M €387,1 M €355,5 M €
Operating result287,8 M €236,4 M €239,7 M €192,1 M €170,7 M €
Net result140,2 M €110,2 M €126,8 M €109,8 M €100,5 M €
Balance sheet
Equity1,7 Md €1,8 Md €1,7 Md €1,7 Md €1,7 Md €
Total assets7,2 Md €6,1 Md €5,3 Md €4,9 Md €4,5 Md €
Cash8 M €7,9 M €10,3 M €10,8 M €11,7 M €
Debts5,3 Md €4,2 Md €3,5 Md €3 Md €2,8 Md €
Other
Workforce999,9 ETP937,3 ETP904,0 ETP899,7 ETP877,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 111 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Christophe Peeters
Director11/12/2025 → 19/05/2026
000
Astrid Pieron
Director20/05/2025 → 15/05/2029
000
Fabienne Bozet
Director20/05/2025 → 15/05/2029
000
Nadine Lemaitre
Director20/05/2025 → 19/05/2026
Bernard Thiry
Vice-chairman of the board of directors16/05/2023 → 15/05/2029
0
Dominique Offergeld
Director16/05/2023 → 15/05/2029
00
Eddy Vermoesen
Director16/05/2023 → 15/05/2029
00
Roberte Kersteman
Director16/05/2023 → 15/05/2029
Els Neirynck
Director20/10/2022 → 19/05/2026
0
INTERFIN0222.944.897Represented by Thibaud Wyngaard
Director17/05/2022 → 19/05/2026
000
Pieter De Crem
Chairman of the board of directors09/02/2021 → 19/05/2026
00
Saskia Van Uffelen
Director19/05/2020 → 19/05/2026
0

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Bernard Thiry
Vice-chairman of the board of directors12/12/2024 → 15/05/2029
0
Geert Versnick
Chairman of the board of directors12/12/2024 → 19/05/2026
0
Bernard Thiry
Director16/05/2023 → 15/05/2029
0
INTERFIN0222.944.897Represented by Thibaut Wyngaard
Director17/05/2022 → 19/05/2026
000

Other companies at this address

Boulevard de l'Empereur 20 1000 Bruxelles
CompanyCBE no.
Elia Engineering● Active
0471.869.861
ELIA GRID INTERNATIONAL● Active
0549.780.459
Elia Group● Active
0476.388.378
Elia Transmission Belgium● Active
0731.852.231
EUROGRID INTERNATIONAL● Active
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 date30/07/202620/06/202524/06/202425/07/202327/06/202219/05/2021
General meeting19/05/202620/05/202521/05/202416/05/202317/05/202218/05/2021
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, 42 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/05/202630/07/2026DutchPDF
Full model31/12/202519/05/202603/06/2026FrenchPDF
Full model31/12/202420/05/202520/06/2025FrenchPDF
Full model31/12/202420/05/202520/06/2025DutchPDF
Full model31/12/202321/05/202424/06/2024DutchPDF
Full model31/12/202321/05/202424/06/2024FrenchPDF
Full modelCorrection31/12/202216/05/202325/07/2023DutchPDF
Full modelCorrection31/12/202216/05/202325/07/2023FrenchPDF
Full model31/12/202216/05/202314/06/2023DutchPDF
Full model31/12/202216/05/202314/06/2023FrenchPDF
Full model31/12/202117/05/202227/06/2022FrenchPDF
Full model31/12/202117/05/202227/06/2022DutchPDF
Full model31/12/202018/05/202119/05/2021DutchPDF
Full model31/12/202018/05/202119/05/2021FrenchPDF
Full model31/12/201919/05/202013/06/2020DutchPDF
Full model31/12/201919/05/202013/06/2020FrenchPDF
Full model31/12/201821/05/201913/06/2019DutchPDF
Full model31/12/201821/05/201913/06/2019FrenchPDF
Full model31/12/201715/05/201822/05/2018FrenchPDF
Full model31/12/201715/05/201822/05/2018DutchPDF
Full model31/12/201616/05/201731/05/2017FrenchPDF
Full model31/12/201616/05/201731/05/2017DutchPDF
Full model31/12/201517/05/201620/05/2016DutchPDF
Full model31/12/201517/05/201620/05/2016FrenchPDF
Full model31/12/201419/05/201525/06/2015DutchPDF
Full model31/12/201419/05/201525/06/2015FrenchPDF
Full model31/12/201320/05/201419/06/2014DutchPDF
Full model31/12/201320/05/201419/06/2014FrenchPDF
Full model31/12/201221/05/201314/06/2013FrenchPDF
Full model31/12/201221/05/201314/06/2013DutchPDF
Full model31/12/201110/04/201220/06/2012FrenchPDF
Full model31/12/201115/05/201220/06/2012DutchPDF
Full model31/12/201010/05/201114/06/2011FrenchPDF
Full model31/12/201010/05/201110/06/2011DutchPDF
Full model31/12/200911/05/201009/06/2010DutchPDF
Full model31/12/200911/05/201009/06/2010FrenchPDF
Full model31/12/200812/05/200928/05/2009DutchPDF
Full model31/12/200812/05/200927/05/2009FrenchPDF
Full model31/12/200713/05/200824/06/2008DutchPDF
Full model31/12/200713/05/200824/06/2008FrenchPDF
Full model31/12/200608/05/200713/07/2007DutchPDF
Full model31/12/200608/05/200713/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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

12 active · 111 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Christophe Peeters
Director11/12/2025 → 19/05/2026
000
Astrid Pieron
Director20/05/2025 → 15/05/2029
000
Fabienne Bozet
Director20/05/2025 → 15/05/2029
000
Nadine Lemaitre
Director20/05/2025 → 19/05/2026
Bernard Thiry
Vice-chairman of the board of directors16/05/2023 → 15/05/2029
0
Dominique Offergeld
Director16/05/2023 → 15/05/2029
00
Eddy Vermoesen
Director16/05/2023 → 15/05/2029
00
Roberte Kersteman
Director16/05/2023 → 15/05/2029
Els Neirynck
Director20/10/2022 → 19/05/2026
0
INTERFIN0222.944.897Represented by Thibaud Wyngaard
Director17/05/2022 → 19/05/2026
000
Pieter De Crem
Chairman of the board of directors09/02/2021 → 19/05/2026
00
Saskia Van Uffelen
Director19/05/2020 → 19/05/2026
0

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Bernard Thiry
Vice-chairman of the board of directors12/12/2024 → 15/05/2029
0
Geert Versnick
Chairman of the board of directors12/12/2024 → 19/05/2026
0
Bernard Thiry
Director16/05/2023 → 15/05/2029
0
INTERFIN0222.944.897Represented by Thibaut Wyngaard
Director17/05/2022 → 19/05/2026
000

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring04/09/2026
    dépôt du projet de fusion
    PDF
  • Restructuring04/09/2026
    Neerlegging fusievoorstel
    PDF
  • Other12/06/2026
    DIVERSEN
    PDF
  • Other12/06/2026
    DIVERS
    PDF
  • Other28/05/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Other28/05/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Mandates15/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/05/2026
    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 2025140,2 M €↑
  2. 11/12/2025
    nominationChristophe Peeters · bestuurder
  3. 11/12/2025
    nominationChristophe Peeters · administrateur
  4. 01/10/2025
    nominationClaire Tomasina · Chief Human Resources Officer et membre du Collège de gestion journalière
  5. 01/10/2025
    nominationClaire Tomasina · Chief Human Resources Officer en lid van het College van dagelijks bestuur
  6. 20/05/2025
    nominationNadine Lemaitre-Rozencweig · onafhankelijke bestuurder
  7. 20/05/2025
    nominationFabienne Bozet · onafhankelijke bestuurder
  8. 20/05/2025
    nominationAstrid Pieron · onafhankelijke bestuurder
  9. 20/05/2025
    nominationNadine Lemaitre-Rozencweig · administratrice indépendante
  10. 20/05/2025
    nominationFabienne Bozet · administratrice indépendante
  11. 20/05/2025
    nominationAstrid Pieron · administratrice indépendante
  12. 08/05/2025
    nominationFrederic De Mee · représentant permanent du commissaire
  13. 15/04/2025
    nominationNicolas Pire · Chief Financial Officer et Vice-Président du Collège de gestion journalière
  14. 15/04/2025
    nominationNicolas Pire · Chief Financial Officer en Ondervoorzitter van het College van dagelijks bestuur
  15. 2024
    Annual accounts 2024110,2 M €↓
  16. 01/04/2024
    nominationDavid Zenner · Chief Asset Officer
  17. 2023
    Annual accounts 2023126,8 M €↑
  18. 12/12/2023
    nominationCatherine Vandenborre · Présidente du Collège de gestion journalière et Chief Financial Officer
  19. 12/12/2023
    nominationFrédéric Dunon · Chief Executive Officer et Vice-Président du Collège de gestion journalière
  20. 25/10/2023
    nominationCatherine Vandenborre · Voorzitster van het College van dagelijks bestuur en Chief Financial Officer
  21. 25/10/2023
    nominationFrédéric Dunon · Chief Executive Officer en Vice-Voorzitter van het College van dagelijks bestuur
  22. 06/09/2023
    nominationCatherine Vandenborre · Chief Executive Officer Ad Interim
  23. 16/05/2023
    reconductionBernard Gustin · administrateur indépendant
  24. 16/05/2023
    reconductionRoberte Kesteman · administratrice indépendante
  25. 16/05/2023
    reconductionDominique Offergeld · administratrice non-indépendante
  26. 16/05/2023
    nominationEddy Vermoesen · administrateur non-indépendant
  27. 16/05/2023
    nominationBernard Thiry · administrateur non-indépendant
  28. 16/05/2023
    reconductionBernard Gustin · onafhankelijke bestuurder
  29. 16/05/2023
    reconductionRoberte Kesteman · onafhankelijke bestuurder
  30. 16/05/2023
    reconductionDominique Offergeld · niet-onafhankelijk bestuurder
  31. 16/05/2023
    nominationEddy Vermoesen · niet-onafhankelijke bestuurder
  32. 16/05/2023
    nominationBernard Thiry · niet-onafhankelijke bestuurder
  33. 16/05/2023
    reconductionPaul Eelen · commissaris
  34. 16/05/2023
    reconductionMichaël Delbeke · commissaris
  35. 2022
    Annual accounts 2022109,8 M €↑
  36. 01/11/2022
    nominationFrédéric Dunon · Deputy Chief Executive Officer
  37. 01/11/2022
    nominationJames Matthys-Donnadieu · Chief Customers, Markets & System Officer
  38. 20/10/2022
    nominationEls Neirynck · administratrice indépendante
  39. 20/10/2022
    nominationEls Neirynck · onafhankelijke bestuurder
  40. 20/10/2022
    nominationEls Neirynck · onafhankelijk bestuurder
  41. 20/10/2022
    nominationEls Neirynck · administrateur indépendant
  42. 17/05/2022
    nominationLaurence de l'Escaille · administratrice indépendante
  43. 17/05/2022
    reconductionMichel Allé · administrateur indépendant
  44. 17/05/2022
    nominationLaurence de l’Escaille · onafhankelijke bestuurder
  45. 17/05/2022
    reconductionMichel Ailé · onafhankelijke bestuurder
  46. 17/05/2022
    nominationThibaud Wyngaard · niet-onafhankelijke bestuurder
  47. 01/01/2022
    nominationThibaud Wyngaard · administrateur non-indépendant
  48. 2021
    Annual accounts 2021100,5 M €↑
  49. 2020
    Annual accounts 202093,6 M €↑
  50. 2019
    Annual accounts 201976,4 M €↓
  51. 2018
    Annual accounts 201894 M €↑
  52. 2017
    Annual accounts 201779,3 M €↑
  53. 2016
    Annual accounts 201672,2 M €↑
  54. 2015
    Annual accounts 201555,6 M €↑
  55. 2014
    Annual accounts 201451,8 M €↓
  56. 2013
    Annual accounts 201354,3 M €↓
  57. 2012
    Annual accounts 201256,9 M €↑
  58. 2011
    Annual accounts 201152,9 M €↓
  59. 2010
    Annual accounts 201053,9 M €↑
  60. 2009
    Annual accounts 200951,8 M €↓
  61. 2008
    Annual accounts 200854,7 M €↑
  62. 2007
    Annual accounts 200715,7 M €
  63. 29/06/2001
    IncorporationPublic limited company

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard de l'Empereur 20, 1000 BrusselsCurrent
accounts 2022 → 2025 · CBE, tracked since 27/09/2026
Accounts 2025 · 2026-00388564
Keizerslaan 20, 1000 Brussels
accounts 2021
Accounts 2021 · 2022-20108734
Boulevard de l'Empereur 20, 1000 Brussels
accounts 2021
Accounts 2021 · 2022-20146307

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.