ACTIVE

VLAAMSE ECOLOGIE-ENERGIE- EN MILIEUONDERNEMING 3

Financial year 2025 · Closed on 30/09/2025

Net result1,2 M €-94,9 %over 1 year
Revenue34,9 M €-31,5 %over 1 year
Equity14,9 M €+8,8 %over 1 year

Identity

Source · BCE/KBO

VLAAMSE ECOLOGIE-ENERGIE- EN MILIEUONDERNEMING 3 is a Public limited company incorporated in 2016. Its main activity is: Production of electricity. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0648.714.917
Incorporation
15/02/2016
Legal form
Public limited company
Registered office
Amsterdamstraat 18
2000 Antwerpen · FlandreSee on map
Contributed capital
4 685 000,00 €
Latest accounts
30/09/2025
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20252023202220212020
Income statement
Revenue34,9 M €51 M €27,2 M €21,2 M €21,7 M €
EBITDA21,9 M €42,6 M €19,9 M €14,8 M €16,1 M €
Operating result4,4 M €32,7 M €10,1 M €5,4 M €8,1 M €
Net result1,2 M €23,8 M €6,3 M €2,9 M €5,2 M €
Balance sheet
Equity14,9 M €13,7 M €9,5 M €6,9 M €7,5 M €
Total assets90,6 M €123,6 M €117,1 M €121,1 M €121,5 M €
Cash9,8 M €5,4 M €5,1 M €641,9 k €2,3 M €
Debts72,1 M €106,2 M €105,2 M €112,7 M €113,6 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

5 active · 12 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Bernard Steverlynck
Director29/11/2024 → 19/03/2026
00
Benjamin Simons
Director16/04/2020 → 19/03/2026
00
Francis Van Mechelen
Chairman of the board of directors16/04/2020 → 19/03/2026
00
Paul De fauw
Director16/04/2020 → 20/09/2024
0
Rik Van de Walle
Director16/04/2020 → 19/03/2026
00

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Benjamin Simons
Director16/04/2020 → 16/04/2026
00
Francis Van Mechelen
Chairman of the board of directors16/04/2020 → 16/04/2026
00
Paul De fauw
Director16/04/2020 → 16/04/2026
0
Rik Van de Walle
Director16/04/2020 → 16/04/2026
00

Other companies at this address

Amsterdamstraat 18 2000 Antwerpen

Full financial information

Source · NBB
202520232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/09/202531/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year21 months12 months12 months12 months12 months12 months
Filing date30/03/202621/08/202426/04/202313/04/202225/03/202120/04/2020
General meeting19/03/202604/03/202430/03/202324/03/202216/03/202116/04/2020
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202519/03/202630/03/2026DutchPDF
Full model31/12/202304/03/202421/08/2024DutchPDF
Full model31/12/202230/03/202326/04/2023DutchPDF
Full model31/12/202124/03/202213/04/2022DutchPDF
Full model31/12/202016/03/202125/03/2021DutchPDF
Full model31/12/201916/04/202020/04/2020DutchPDF
Abridged model31/12/201818/04/201908/05/2019DutchPDF
Abridged model31/12/201719/04/201822/05/2018DutchPDF
Abridged model31/12/201620/04/201719/05/2017DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 30/09/2025

5 active · 12 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Bernard Steverlynck
Director29/11/2024 → 19/03/2026
00
Benjamin Simons
Director16/04/2020 → 19/03/2026
00
Francis Van Mechelen
Chairman of the board of directors16/04/2020 → 19/03/2026
00
Paul De fauw
Director16/04/2020 → 20/09/2024
0
Rik Van de Walle
Director16/04/2020 → 19/03/2026
00

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Benjamin Simons
Director16/04/2020 → 16/04/2026
00
Francis Van Mechelen
Chairman of the board of directors16/04/2020 → 16/04/2026
00
Paul De fauw
Director16/04/2020 → 16/04/2026
0
Rik Van de Walle
Director16/04/2020 → 16/04/2026
00

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares05/01/2018
    KAPITAAL - AANDELEN
    PDF
  • Other02/06/2016
    DIVERSEN
    PDF
  • Other25/02/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,2 M €↓
  2. 2025
    Name changeVlaamse Ecologie Energie en Milieu Onderneming 3
  3. 31/08/2025
    nominationEllen Tindemans · vaste vertegenwoordiger in het kader van het commissarismandaat
  4. 2023
    Annual accounts 202323,8 M €↑
  5. 2022
    Annual accounts 20226,3 M €↑
  6. 24/03/2022
    reconductionNielandt, Franken & Co Bedrijfsrevisoren BV · commissaris
  7. 2021
    Annual accounts 20212,9 M €↓
  8. 2020
    Annual accounts 20205,2 M €↓
  9. 2019
    Annual accounts 20196 M €↑
  10. 2018
    Annual accounts 20185,5 M €↑
  11. 2017
    Annual accounts 20174,4 M €↑
  12. 2016
    Annual accounts 2016-94,8 k €
  13. 15/02/2016
    IncorporationPublic limited company

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
VLAAMSE ECOLOGIE-ENERGIE- EN MILIEUONDERNEMING 3Current
CBE, tracked since 27/09/2026
CBE
Vlaamse Ecologie Energie en Milieu Onderneming 3
accounts 2025
Accounts 2025 · 2026-00068479
Vlaamse Ecologie- Energie- en Milieuonderneming 3
accounts 2021 → 2023
Accounts 2023 · 2024-00365095

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.