ACTIVE

GE RENEWABLE BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result-616,3 k €+41,6 %over 1 year

Revenue871,4 k €+0,5 %over 1 year

Equity3,6 M €-14,6 %over 1 year

Workforce3,0 ETP-50,0 %over 1 year

Identity

Source · BCE/KBO

GE RENEWABLE BELGIUM is a Private limited company incorporated in 2014. Its main activity is: Manufacture of engines and turbines, except aircraft, vehicle and cycle engines. Its registered office is in Verviers. It employs on average 3,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0550.578.631
Incorporation: 09/04/2014
Legal form: Private limited company
Registered office: Rue des Ormes 109
4800 Verviers · WallonieSee on map
Contributed capital: 62 440,00 €
Latest accounts: 31/12/2025
Average workforce: 3,0 ETP

Activities (NACE)

28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines· main 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 27110Manufacture of electric motors, generators and transformers 27110Manufacture of electric motors, generators and transformers 27900Manufacture of other electrical equipment 27900Manufacture of other electrical equipment+12

Joint committees (2)

Signals

Healthy social debts

Financials

Source · NBB, 13 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	871,4 k €	+0.5%	867,3 k €	+1.0%	858,8 k €	+7.1%	802,1 k €	+21.6%	659,4 k €
EBITDA	-711 k €	-2043%	36,6 k €	+108%	-434,9 k €	+16.3%	-519,5 k €	+18.5%	-637,5 k €
Operating result	-841 k €	-800%	-93,4 k €	+83.5%	-564,9 k €	+13.0%	-649,5 k €	+9.2%	-715,3 k €
Net result	-616,3 k €	+41.6%	-1,1 M €	-564%	227,7 k €	+150%	-458,3 k €	-693%	-57,8 k €
Balance sheet
Equity	3,6 M €	-14.6%	4,2 M €	-20.0%	5,3 M €	+4.5%	5 M €	-8.3%	5,5 M €
Total assets	28,2 M €	-53.7%	60,9 M €	+42.6%	42,7 M €	-27.5%	58,9 M €	+69.2%	34,8 M €
Cash	–		–		–		–		–
Debts	23,6 M €	-57.8%	55,8 M €	+52.2%	36,7 M €	-31.1%	53,2 M €	+84.7%	28,8 M €
Other
Workforce	3,0 ETP	-50.0%	6,0 ETP	0.0%	6,0 ETP	+20.0%	5,0 ETP	+66.7%	3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vincent Schellings	Administrator - managersince 31/01/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Steven van Wambeke-Lauryssen	Manager24/11/2017 → 13/11/2020
Roland Erwin TEIXEIRA de MATTOS	Manager17/12/2015 → 2016 accounts
Roland TEIXEIRA	Manager17/12/2015 → 2017 accounts

Other companies at this address

Rue des Ormes 109 4800 Verviers

Company	CBE no.
GE Steam Power Belgium● Active	0775.680.888
Grid Solutions Belgium● Active	0542.505.162

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	30/06/2026	01/07/2025	28/06/2024	30/06/2023	30/06/2022	30/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	30/07/2021
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, 13 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	30/06/2026	French	PDF
Full model	31/12/2024	30/06/2025	01/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	28/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	30/07/2021	30/07/2021	Dutch	PDF
Full model	31/12/2019	28/05/2021	31/05/2021	Dutch	PDF
Full modelCorrection	31/12/2018	31/03/2021	15/04/2021	Dutch	PDF
Full model	31/12/2018	24/01/2020	28/01/2020	Dutch	PDF
Full model	31/12/2017	26/09/2018	06/11/2018	Dutch	PDF
Full model	31/12/2016	31/08/2017	31/08/2017	Dutch	PDF
Full model	31/03/2016	28/12/2016	29/12/2016	Dutch	PDF
Full model	31/03/2015	20/07/2015	22/09/2015	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vincent Schellings	Administrator - managersince 31/01/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Steven van Wambeke-Lauryssen	Manager24/11/2017 → 13/11/2020
Roland Erwin TEIXEIRA de MATTOS	Manager17/12/2015 → 2016 accounts
Roland TEIXEIRA	Manager17/12/2015 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office24/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
PDF
Registered office24/10/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL
PDF
Mandates07/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/04/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2021
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

Filings11 filings

Mandates

Vincent Schellings

Steven van Wambeke-Lauryssen

Roland Erwin TEIXEIRA de MATTOS

Roland TEIXEIRA

Ward Gommeren

Marcel MILLER

Nicolas SERRIE

Anders SOE-JENSEN

2014201520162017201820192020202120222023202420252026

GE RENEWABLE BELGIUM

Rue des Ormes 109, 4800 VerviersEsplanadestraat 10 C, 8400 Oostende

Administrator - manager

Manager

Administrator - managerManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue des Ormes 109, 4800 VerviersCurrent	accounts 2025	Accounts 2025 · 2026-00266494
Esplanadestraat 10 C, 8400 Oostende	accounts 2023 → 2024	Accounts 2024 · 2025-00241292
Esplanadestraat 10C, 8400 Oostende	accounts 2022	Accounts 2022 · 2023-00222124
Hanswijkdries 80, 2800 Mechelen	accounts 2021	Accounts 2021 · 2022-20154452

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GE RENEWABLE BELGIUMCurrent	accounts 2016 → 2025	Accounts 2025 · 2026-00266494
ALSTOM RENEWABLE BELGIUM	accounts 2016	Accounts 2016 · 2016-72200239

Events

2025
Annual accounts 2025-616,3 k €↑
31/01/2025
nominationVincent Schellings · bestuurder
2024
Annual accounts 2024-1,1 M €↓
2023
Annual accounts 2023227,7 k €↑
2022
Annual accounts 2022-458,3 k €↓
25/10/2022
nominationDeloitte Reviseurs d'Entreprises · commissaris
2021
Annual accounts 2021-57,8 k €↓
2020
Annual accounts 2020-20,7 k €↓
2019
Annual accounts 201959,9 k €↓
2018
Annual accounts 2018111,9 k €↓
2017
Annual accounts 20171 M €↑
2016
Annual accounts 2016884,8 k €↓
2016
Name changeGE RENEWABLE BELGIUM
2016
Annual accounts 20163,4 M €
09/04/2014
IncorporationPrivate limited company

GE RENEWABLE BELGIUM

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

Registered offices

Company names

Events