ACTIVE

easyPV

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Financial year 2025 · closed on 31/12/2025

Net result

42,5 k €

+520.6% YoY

Gross margin

377,8 k €

+31.8% YoY

Equity

312,3 k €

+15.8% YoY

Workforce

0,0 ETP

What does easyPV do?

easyPV is a Private limited company incorporated in 2017. Its main activity is: Production of electricity. Its registered office is in Woluwe-Saint-Pierre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0677.570.734

Incorporation

26/06/2017

Legal form

Private limited company

Registered office

Avenue de Tervueren 412 box 7
1150 Woluwe-Saint-Pierre · BruxellesSee on map

Contributed capital

210 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

35110Production of electricity· main 35110Production of electricity 35140Trade of electricity 35150Electric power generation, transmission and distribution 70200Management consultancy activities 70220Business and other management consultancy activities

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2025		2024		2023		2022		2021		2018
Income statement
Gross margin	377,8 k €	+31.8%	286,7 k €	+4.6%	274,1 k €	-10.4%	306,1 k €	+27.9%	239,2 k €	+40.9%	169,8 k €
EBITDA	376,7 k €	+31.9%	285,7 k €	+4.8%	272,7 k €	-10.6%	305,1 k €	+28.0%	238,3 k €	+41.3%	168,6 k €
Operating result	86,3 k €	+182%	30,6 k €	+2939%	-1,1 k €	-101%	88,5 k €	+49.3%	59,3 k €	+2429%	-2,5 k €
Net result	42,5 k €	+521%	-10,1 k €	+79.1%	-48,5 k €	-189%	54,2 k €	+52.4%	35,5 k €	+210%	-32,2 k €
Balance sheet
Equity	312,3 k €	+15.8%	269,8 k €	-3.6%	279,9 k €	-14.8%	328,4 k €	+53.3%	214,2 k €	+81.8%	117,8 k €
Total assets	2 M €	-13.1%	2,3 M €	+19.7%	1,9 M €	-5.7%	2 M €	+42.2%	1,4 M €	+11.2%	1,3 M €
Cash	32,3 k €	-75.1%	129,7 k €	+440%	24 k €	-51.6%	49,6 k €	+174%	18,1 k €	-54.1%	39,4 k €
Debts	1,6 M €	-17.6%	2 M €	+22.2%	1,6 M €	-3.9%	1,7 M €	+40.7%	1,2 M €	+3.6%	1,2 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Michel Belpalme

Director · since 27 juin 2023

Active

Christophe Jonlet

Director

Active

Ended mandates

CHRISTOPHE JONLET

Managing director · since 26 juin 2017 · until 29 juin 2021

Ended

YVES MARIE LEBBE

Chairman of the board of directors · since 26 juin 2017 · until 29 juin 2021

Ended

Christophe Jonlet

Managing director

Ended

Yves-Marie Lebbe

Chairman of the board of directors

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	21/08/2026	22/08/2025	29/08/2024	29/08/2023	16/08/2022	27/08/2021
General meeting	30/06/2026	24/06/2025	25/06/2024	27/06/2023	28/06/2022	29/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	21/08/2026	French	PDF
Abridged model	31/12/2024	24/06/2025	22/08/2025	French	PDF
Abridged model	31/12/2023	25/06/2024	29/08/2024	French	PDF
Abridged model	31/12/2022	27/06/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	28/06/2022	16/08/2022	French	PDF
Abridged model	31/12/2020	29/06/2021	27/08/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	27/08/2020	French	PDF
Micro model	31/12/2018	25/06/2019	31/08/2019	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Michel Belpalme

Director · since 27 juin 2023

Active

Christophe Jonlet

Director

Active

Ended mandates

CHRISTOPHE JONLET

Managing director · since 26 juin 2017 · until 29 juin 2021

Ended

YVES MARIE LEBBE

Chairman of the board of directors · since 26 juin 2017 · until 29 juin 2021

Ended

Christophe Jonlet

Managing director

Ended

Yves-Marie Lebbe

Chairman of the board of directors

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates03/11/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates09/04/2019
DEMISSIONS, NOMINATIONS
PDF
Other28/06/2017
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

2025
Annual accounts 202542,5 k €↑
2024
Annual accounts 2024-10,1 k €↑
2023
Annual accounts 2023-48,5 k €↓
2022
Annual accounts 202254,2 k €↑
2021
Annual accounts 202135,5 k €↑
2018
Annual accounts 2018-32,2 k €
26/06/2017
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

easyPV

Overview

What does easyPV do?

Trend over 6 financial years

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