ACTIVE

ELIA GRID INTERNATIONAL

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Financial year 2025 · Closed on 31/12/2025

Net result261,6 k €-76,1 %over 1 year

Revenue14,3 M €+59,8 %over 1 year

Equity9 M €+3,0 %over 1 year

Workforce30,6 ETP+22,9 %over 1 year

Identity

Source · BCE/KBO

ELIA GRID INTERNATIONAL is a Public limited company incorporated in 2014. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles. It employs on average 30,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0549.780.459
Incorporation: 28/03/2014
Legal form: Public limited company
Registered office: Boulevard de l'Empereur 20
1000 Bruxelles · BruxellesSee on map
Contributed capital: 5 000 000,00 €
Latest accounts: 31/12/2025
Average workforce: 30,6 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHigh revenue

Financials

Source · NBB, 11 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	14,3 M €	+59.8%	8,9 M €	-17.2%	10,8 M €	+224%	3,3 M €	+147%	1,3 M €
EBITDA	-309,6 k €	-121%	1,5 M €	-57.6%	3,5 M €	+1289%	-293,7 k €	+69.0%	-948,6 k €
Operating result	-361,6 k €	-126%	1,4 M €	-58.8%	3,4 M €	+1017%	-371,7 k €	+63.4%	-1 M €
Net result	261,6 k €	-76.1%	1,1 M €	-71.2%	3,8 M €	+612%	534 k €	+5410%	-10,1 k €
Balance sheet
Equity	9 M €	+3.0%	8,7 M €	+14.3%	7,6 M €	+99.5%	3,8 M €	+16.2%	3,3 M €
Total assets	13,5 M €	+10.2%	12,3 M €	-47.7%	23,5 M €	+87.9%	12,5 M €	-15.0%	14,7 M €
Cash	896,4 k €	-56.7%	2,1 M €	-70.5%	7 M €	+204%	2,3 M €	+0.4%	2,3 M €
Debts	4,3 M €	+40.2%	3 M €	-80.8%	15,8 M €	+82.9%	8,6 M €	-24.1%	11,4 M €
Other
Workforce	30,6 ETP	+22.9%	24,9 ETP	+22.7%	20,3 ETP	-2.9%	20,9 ETP	+0.5%	20,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 27 ended

Active mandates

Gustin Bernard

Chairman of the board of directors · since 17 avril 2025 · until 26 avril 2029

Active

Dirk Biermann

Director · since 29 avril 2021 · until 26 avril 2029

Active

Stefan Kapferer

Director · since 29 avril 2021 · until 26 avril 2029

Active

Catherine Vandenborre

Chairman of the board of directors · since 18 juin 2019 · until 17 avril 2025

Active

Markus Berger

Director · since 18 juin 2019 · until 03 septembre 2025

Active

Ended mandates

Gustin Bernard

Chairman of the board of directors · since 17 avril 2025 · until 27 juin 2025

Ended

Catherine Vandenborre

Chairman of the board of directors · since 15 novembre 2023 · until 17 avril 2025

Ended

Catherine Vandenborre

Chairman of the board of directors · since 15 novembre 2023 · until 24 avril 2025

Ended

Chris Peeters

Director · since 29 avril 2021 · until 31 octobre 2023

Ended

Other companies at this address

Boulevard de l'Empereur 20 1000 Bruxelles

Company	CBE no.
ELIA ASSET● Active	0475.028.202
Elia Engineering● Active	0471.869.861
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

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/06/2026	12/09/2025	24/06/2024	14/06/2023	24/06/2022	11/05/2021
General meeting	30/04/2026	27/06/2025	25/04/2024	27/04/2023	28/04/2022	29/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/04/2026	04/06/2026	French	PDF
Full model	31/12/2024	27/06/2025	12/09/2025	French	PDF
Full model	31/12/2023	25/04/2024	24/06/2024	French	PDF
Full model	31/12/2022	27/04/2023	14/06/2023	French	PDF
Full model	31/12/2021	28/04/2022	24/06/2022	French	PDF
Full model	31/12/2020	29/04/2021	11/05/2021	French	PDF
Full model	31/12/2019	30/04/2020	13/05/2020	French	PDF
Full model	31/12/2018	23/04/2019	22/05/2019	French	PDF
Full model	31/12/2017	24/04/2018	25/05/2018	French	PDF
Full model	31/12/2016	25/04/2017	11/05/2017	French	PDF
Full model	31/12/2015	28/04/2016	19/05/2016	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

5 active · 27 ended

Active mandates

Gustin Bernard

Chairman of the board of directors · since 17 avril 2025 · until 26 avril 2029

Active

Dirk Biermann

Director · since 29 avril 2021 · until 26 avril 2029

Active

Stefan Kapferer

Director · since 29 avril 2021 · until 26 avril 2029

Active

Catherine Vandenborre

Chairman of the board of directors · since 18 juin 2019 · until 17 avril 2025

Active

Markus Berger

Director · since 18 juin 2019 · until 03 septembre 2025

Active

Ended mandates

Gustin Bernard

Chairman of the board of directors · since 17 avril 2025 · until 27 juin 2025

Ended

Catherine Vandenborre

Chairman of the board of directors · since 15 novembre 2023 · until 17 avril 2025

Ended

Catherine Vandenborre

Chairman of the board of directors · since 15 novembre 2023 · until 24 avril 2025

Ended

Chris Peeters

Director · since 29 avril 2021 · until 31 octobre 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates20/09/2024
DEMISSIONS, NOMINATIONS
PDF
Other12/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Mandates07/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates03/02/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates19/06/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates25/01/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates05/07/2018
DEMISSIONS, NOMINATIONS
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025261,6 k €↓
2024
Annual accounts 20241,1 M €↓
2023
Annual accounts 20233,8 M €↑
2022
Annual accounts 2022534 k €↑
2021
Annual accounts 2021-10,1 k €↓
2020
Annual accounts 2020131,3 k €↑
2019
Annual accounts 2019-667,4 k €↓
2018
Annual accounts 2018580 k €↑
2017
Annual accounts 2017-492,7 k €↓
2016
Annual accounts 2016574,9 k €↑
2015
Annual accounts 2015-1,8 M €
28/03/2014
IncorporationPublic limited company

ELIA GRID INTERNATIONAL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline