ACTIVE

EnDev-R

Financial year 2025 · closed on 31/03/2025
Net result
131,4 k €
-86.4% YoY
Revenue
789,4 k €
-64.2% YoY
Equity
2,4 M €
-1.2% YoY

What does EnDev-R do?

EnDev-R is a Public limited company incorporated in 2018. Its main activity is: Production of electricity. Its registered office is in Mechelen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0697.650.031
Incorporation
05/06/2018
Legal form
Public limited company
Registered office
Blarenberglaan 2 C
2800 Mechelen · FlandreSee on map
Contributed capital
1 639 480,00 €
Latest accounts
31/03/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202120202019
Income statement
Revenue789,4 k €2,2 M €1,6 M €777,7 k €1 M €1,2 M €
EBITDA537,7 k €1,8 M €1,2 M €638,8 k €902,9 k €1,1 M €
Operating result247,3 k €1,4 M €597 k €139,3 k €417,2 k €578,4 k €
Net result131,4 k €967,1 k €341,3 k €12 k €276,9 k €428,4 k €
Balance sheet
Equity2,4 M €2,4 M €1,8 M €1,4 M €1,6 M €1,5 M €
Total assets4,3 M €5,3 M €4,9 M €4,9 M €5,2 M €5,6 M €
Cash1,5 M €2,4 M €1,3 M €918,6 k €810,8 k €189,7 k €
Debts1,8 M €2,8 M €3 M €3,4 M €3,5 M €4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 4 active · 3 ended

Active mandates

Denis Obbels

Director · since 26 septembre 2022 · until 26 septembre 2028

Active
ENECO WIND BELGIUM

Director · since 26 septembre 2022 · until 26 septembre 2028 · 0475.012.760

Represented by Erwin Leeuwis

Active
Philippe Lambrecht

Director · since 26 septembre 2022 · until 26 septembre 2028

Active
REALFI

Managing director · since 04 juin 2018 · until 26 septembre 2028 · 0888.068.355

Represented by Miguel de Schaetzen

Active

Ended mandates

ENECO WIND BELGIUM

Director · since 04 juin 2018 · until 22 avril 2024 · 0475.012.760

Represented by Cornelis de Haan

Ended
REALFI

Managing director · since 04 juin 2018 · until 22 avril 2024 · 0888.068.355

Represented by Miguel de Schaetzen

Ended
REALFI

Managing director · since 04 juin 2018 · until 22 avril 2024 · 0888.068.355

Represented by Miguel de Schaetzen

Ended
At this address

Other companies at this address

CompanyCBE no.
Eneco BelgiumActive
0683.948.879
MELTEMI WINDActive
0719.576.187
PAMPERO WINDActive
0670.543.776
WILLIWAWActive
0831.181.716
Annual accounts

Full financial information

202520242023202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/01/202201/01/202101/01/202004/06/2018
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 months19 months
Filing date01/10/202527/09/202420/10/202310/05/202211/06/202111/05/2020
General meeting01/09/202502/09/202404/09/202325/04/202224/05/202127/04/2020
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202501/09/202501/10/2025DutchPDF
Full model31/03/202402/09/202427/09/2024DutchPDF
Full model31/03/202304/09/202320/10/2023DutchPDF
Full model31/12/202125/04/202210/05/2022DutchPDF
Full model31/12/202024/05/202111/06/2021DutchPDF
Full model31/12/201927/04/202011/05/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/03/2025 · 4 active · 3 ended

Active mandates

Denis Obbels

Director · since 26 septembre 2022 · until 26 septembre 2028

Active
ENECO WIND BELGIUM

Director · since 26 septembre 2022 · until 26 septembre 2028 · 0475.012.760

Represented by Erwin Leeuwis

Active
Philippe Lambrecht

Director · since 26 septembre 2022 · until 26 septembre 2028

Active
REALFI

Managing director · since 04 juin 2018 · until 26 septembre 2028 · 0888.068.355

Represented by Miguel de Schaetzen

Active

Ended mandates

ENECO WIND BELGIUM

Director · since 04 juin 2018 · until 22 avril 2024 · 0475.012.760

Represented by Cornelis de Haan

Ended
REALFI

Managing director · since 04 juin 2018 · until 22 avril 2024 · 0888.068.355

Represented by Miguel de Schaetzen

Ended
REALFI

Managing director · since 04 juin 2018 · until 22 avril 2024 · 0888.068.355

Represented by Miguel de Schaetzen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office21/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2022
    DENOMINATION - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates07/11/2022
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares24/10/2022
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    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 2025131,4 k €
  2. 2024
    Annual accounts 2024967,1 k €
  3. 2024
    Name changeEnDev-R
  4. 2023
    Annual accounts 2023341,3 k €
  5. 2023
    Name changeEnDev-R (Lou Wind)
  6. 2021
    Annual accounts 202112 k €
  7. 2021
    Name changeLOU WIND
  8. 2020
    Annual accounts 2020276,9 k €
  9. 2019
    Annual accounts 2019428,4 k €
  10. 05/06/2018
    IncorporationPublic limited company