ACTIVE

Ecorus Invest III

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Financial year 2025 · Closed on 31/03/2025

Net result53,2 k €+51,8 %over 1 year
Gross margin156,4 k €+16,2 %over 1 year
Equity505,6 k €+11,8 %over 1 year

Identity

Source · BCE/KBO

Ecorus Invest III is a Private limited company incorporated in 2016. Its main activity is: Production of electricity. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0654.849.176
Incorporation
20/05/2016
Legal form
Private limited company
Registered office
Poortakkerstraat 25
9051 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320212020
Income statement
Gross margin156,4 k €134,6 k €249,4 k €224,1 k €193,1 k €
EBITDA155,4 k €133,5 k €248,4 k €223,1 k €191,6 k €
Operating result72 k €52,1 k €143,7 k €139,3 k €106,9 k €
Net result53,2 k €35 k €98,8 k €94,7 k €75,7 k €
Balance sheet
Equity505,6 k €452,4 k €417,4 k €318,5 k €223,9 k €
Total assets1,1 M €1,1 M €1,3 M €1,4 M €1,4 M €
Cash–20,1 k €71,9 k €54,5 k €185,7 k €
Debts567,7 k €679,9 k €840,1 k €1,1 M €1,2 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 12 ended

Active mandates

Eneco Solar BV

Director · since 24 novembre 2020

Represented by Erwin Leeuwis

Active
ENECO SOLAR BELGIUM

Director · since 17 mars 2020 · 0819.431.848

Represented by Paul MINJAUW

Active

Ended mandates

Eneco Solar BV

Director · since 24 novembre 2020 · until 23 novembre 2026

Represented by Cornelis De Haan

Ended
Eneco Heat Production & Industrials BV (voorheen : Eneco Solar, Bio & Hydro B.V.)

Director · since 17 mars 2020 · until 24 novembre 2020

Represented by Cornelis DE HAAN

Ended
Eneco Heat Production & Industrials BV (voorheen : Eneco Solar, Bio & Hydro B.V.)

Director · since 17 mars 2020

Represented by Cornelis DE HAAN

Ended
ENECO SOLAR BELGIUM

Director · since 17 mars 2020 · until 16 mars 2026 · 0819.431.848

Represented by Paul MINJAUW

Ended

Other companies at this address

Poortakkerstraat 25 9051 Gent
CompanyCBE no.
CORDEEL-ENECO-SOLAR● Active
0818.652.086
ENECO SOLAR BELGIUM● Active
0819.431.848
ENECO SOLAR ENERGY● Active
0823.092.411
ENECO SOLAR INVEST 2● Active
0450.324.577
SMART ENERGY INVEST● Active
0664.847.007
SMART HOLDING● Active
0760.455.650
SOLAERCO ANTWERPEN● Active
0839.343.077
SOLAR PANELS BRUSSELS● Active
0560.859.443
Sunergy● Active
0884.964.058

Full financial information

Source · NBB
202520242023202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/03/202531/03/202431/03/202331/12/202131/12/202031/12/2019
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date15/10/202520/12/202418/10/202308/07/202209/07/202108/02/2021
General meeting29/09/202520/12/202428/09/202301/06/202201/06/202124/11/2020
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202529/09/202515/10/2025DutchPDF
Abridged model31/03/202420/12/202420/12/2024DutchPDF
Abridged model31/03/202328/09/202318/10/2023DutchPDF
Abridged model31/12/202101/06/202208/07/2022DutchPDF
Abridged model31/12/202001/06/202109/07/2021DutchPDF
Abridged model31/12/201924/11/202008/02/2021DutchPDF
Abridged model31/12/201811/05/201927/11/2019DutchPDF
Abridged model31/12/201701/06/201827/06/2018DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/03/2025

2 active · 12 ended

Active mandates

Eneco Solar BV

Director · since 24 novembre 2020

Represented by Erwin Leeuwis

Active
ENECO SOLAR BELGIUM

Director · since 17 mars 2020 · 0819.431.848

Represented by Paul MINJAUW

Active

Ended mandates

Eneco Solar BV

Director · since 24 novembre 2020 · until 23 novembre 2026

Represented by Cornelis De Haan

Ended
Eneco Heat Production & Industrials BV (voorheen : Eneco Solar, Bio & Hydro B.V.)

Director · since 17 mars 2020 · until 24 novembre 2020

Represented by Cornelis DE HAAN

Ended
Eneco Heat Production & Industrials BV (voorheen : Eneco Solar, Bio & Hydro B.V.)

Director · since 17 mars 2020

Represented by Cornelis DE HAAN

Ended
ENECO SOLAR BELGIUM

Director · since 17 mars 2020 · until 16 mars 2026 · 0819.431.848

Represented by Paul MINJAUW

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other11/09/2026
    DIVERSEN
    PDF
  • Mandates27/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates14/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/04/2020
    ONTSLAGEN - BENOEMINGEN
    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 202553,2 k €↑
  2. 2024
    Annual accounts 202435 k €↓
  3. 2023
    Annual accounts 202398,8 k €↑
  4. 2021
    Annual accounts 202194,7 k €↑
  5. 2020
    Annual accounts 202075,7 k €↓
  6. 2019
    Annual accounts 2019109,5 k €↓
  7. 2018
    Annual accounts 2018136,4 k €↑
  8. 2017
    Annual accounts 2017-116,4 k €
  9. 20/05/2016
    IncorporationPrivate limited company