ACTIVE

Eole Modave

Financial year 2025 · closed on 31/12/2025
Net result
64,8 k €
+212.2% YoY
Gross margin
340,8 k €
+42.8% YoY
Equity
1,1 M €
+3.5% YoY

What does Eole Modave do?

Eole Modave is a Cooperative society incorporated in 2017. Its main activity is: Production of electricity. Its registered office is in Modave.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0670.597.226
Incorporation
31/01/2017
Legal form
Cooperative society
Registered office
Place Georges Hubin 1
4577 Modave · WallonieSee on map
Contributed capital
659 491,75 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin340,8 k €238,6 k €412,9 k €752,9 k €406,3 k €549,7 k €649,6 k €220,4 k €-27,3 k €
EBITDA321,1 k €222,8 k €393,9 k €555,9 k €384,8 k €493,8 k €584,2 k €220,1 k €-28,1 k €
Operating result101,7 k €-21,6 k €160,3 k €250,6 k €72,4 k €223,1 k €320 k €86,7 k €-32,7 k €
Net result64,8 k €-57,7 k €81 k €156,2 k €6,2 k €134,3 k €214,5 k €53,6 k €-32,7 k €
Balance sheet
Equity1,1 M €1,1 M €1,1 M €1,1 M €997,4 k €991,2 k €881,3 k €701,4 k €568,3 k €
Total assets3,1 M €3,1 M €3,7 M €3,9 M €3,8 M €4,1 M €4,2 M €4,5 M €577,7 k €
Cash76,5 k €421,1 k €84,2 k €672,8 k €472,6 k €721,7 k €323,7 k €428,4 k €549,3 k €
Debts1,8 M €1,9 M €2,4 M €2,5 M €2,7 M €3,1 M €3,3 M €3,8 M €5,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 28 ended

Active mandates

Commune de Modave

Director · since 29 avril 2025 · until 29 avril 2031 · 0207.334.134

Represented by Carmelo CARRUBBA

Active
Bernard D'Hondt

Director · since 29 avril 2022 · until 02 juin 2026

Active
SENSELIA

Administrator - manager · since 29 avril 2022 · until 29 avril 2027 · 0823.126.855

Represented by Raphaël Dugailliez

Active
SelfEnergy

Director · since 25 avril 2022 · until 02 juin 2026 · 0895.893.681

Represented by Fabrice Humblet

Active

Ended mandates

Commune de Modave

Director · since 28 mai 2025 · until 27 mai 2031 · 0207.334.134

Represented by Eric Thomas

Ended
François Desmaré

Director · since 05 juin 2024 · until 05 juin 2030

Ended
Bernard D'Hondt

Director · since 29 avril 2022 · until 29 avril 2026

Ended
SelfEnergy

Director · since 29 avril 2022 · until 29 avril 2026 · 0895.893.681

Represented by Fabrice Humblet

Ended
At this address

Other companies at this address

CompanyCBE no.
0207.334.134
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date17/06/202624/08/202530/07/202426/07/202331/08/202231/08/2021
General meeting02/06/202628/04/202529/04/202424/04/202325/04/202226/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/06/202617/06/2026FrenchPDF
Micro model31/12/202428/04/202524/08/2025FrenchPDF
Micro model31/12/202329/04/202430/07/2024FrenchPDF
Micro model31/12/202224/04/202326/07/2023FrenchPDF
Micro model31/12/202125/04/202231/08/2022FrenchPDF
Micro model31/12/202026/04/202131/08/2021FrenchPDF
Micro model31/12/201927/04/202029/09/2020FrenchPDF
Micro model31/12/201829/04/201921/08/2019FrenchPDF
Micro model31/12/201730/04/201823/08/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 28 ended

Active mandates

Commune de Modave

Director · since 29 avril 2025 · until 29 avril 2031 · 0207.334.134

Represented by Carmelo CARRUBBA

Active
Bernard D'Hondt

Director · since 29 avril 2022 · until 02 juin 2026

Active
SENSELIA

Administrator - manager · since 29 avril 2022 · until 29 avril 2027 · 0823.126.855

Represented by Raphaël Dugailliez

Active
SelfEnergy

Director · since 25 avril 2022 · until 02 juin 2026 · 0895.893.681

Represented by Fabrice Humblet

Active

Ended mandates

Commune de Modave

Director · since 28 mai 2025 · until 27 mai 2031 · 0207.334.134

Represented by Eric Thomas

Ended
François Desmaré

Director · since 05 juin 2024 · until 05 juin 2030

Ended
Bernard D'Hondt

Director · since 29 avril 2022 · until 29 avril 2026

Ended
SelfEnergy

Director · since 29 avril 2022 · until 29 avril 2026 · 0895.893.681

Represented by Fabrice Humblet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/09/2026
    Démission, nomination
    PDF
  • Mandates17/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/07/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/07/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/05/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Other02/02/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

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 202564,8 k €↑
  2. 2024
    Annual accounts 2024-57,7 k €↓
  3. 2023
    Annual accounts 202381 k €↓
  4. 2022
    Annual accounts 2022156,2 k €↑
  5. 2021
    Annual accounts 20216,2 k €↓
  6. 2020
    Annual accounts 2020134,3 k €↓
  7. 2019
    Annual accounts 2019214,5 k €↑
  8. 2018
    Annual accounts 201853,6 k €↑
  9. 2017
    Annual accounts 2017-32,7 k €
  10. 31/01/2017
    IncorporationCooperative society