ACTIVE

Elia Transmission Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result228,4 M €-3,6 %over 1 year
Revenue1,5 Md €+0,1 %over 1 year
Equity3,9 Md €+39,8 %over 1 year
Workforce611,6 ETP+24,7 %over 1 year

Identity

Source · BCE/KBO

Elia Transmission Belgium is a Public limited company incorporated in 2019. Its main activity is: Transmission of electricity. Its registered office is in Bruxelles. It employs on average 611,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0731.852.231
Incorporation
05/08/2019
Legal form
Public limited company
Registered office
Boulevard de l'Empereur 20
1000 Bruxelles · BruxellesSee on map
Contributed capital
3 414 039 702,04 €
Latest accounts
31/12/2025
Average workforce
611,6 ETP
Joint committees (1)
  • 326
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 26 filings

Trend over 7 financial years

20252024202320222021
Income statement
Revenue1,5 Md €1,5 Md €1,3 Md €1,4 Md €1,1 Md €
EBITDA152,8 M €128,2 M €51 M €73,4 M €63,2 M €
Operating result125,6 M €114 M €45,2 M €68,3 M €61,7 M €
Net result228,4 M €237 M €165,4 M €164,7 M €78,3 M €
Balance sheet
Equity3,9 Md €2,8 Md €2,6 Md €2,5 Md €2,3 Md €
Total assets10,5 Md €8,6 Md €7,7 Md €7,4 Md €6,8 Md €
Cash31,6 M €52,6 M €50,4 M €402,2 M €90,2 M €
Debts6,1 Md €5,5 Md €4,6 Md €4,4 Md €4,2 Md €
Other
Workforce611,6 ETP490,3 ETP426,5 ETP419,4 ETP391,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 21 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Astrid Pieron
Director20/05/2025 → 15/05/2029
Fabienne Bozet
Director20/05/2025 → 15/05/2029
Bernard Thiry
Vice-chairman of the board of directors16/05/2023 → 16/05/2029niet-onafhankelijke bestuurders16/05/2023 → 16/05/2029ended
Dominique Offergeld
Director31/07/2019 → 16/05/2029
Eddy Vermoesen
Director16/05/2023 → 15/05/2029
Roberte Kesteman
Director31/07/2019 → 16/05/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Christophe Peeters
Director27/11/2025 → 19/05/2026
Nadine Lemaitre-Rozencweig
Director20/05/2025 → 19/05/2026
Geert Versnick
Chairman of the board of directors12/12/2024 → 19/05/2026
Els Neirynck
Director20/10/2022 → 19/05/2026

Other companies at this address

Boulevard de l'Empereur 20 1000 Bruxelles
CompanyCBE no.
ELIA ASSET● Active
0475.028.202
Elia Engineering● Active
0471.869.861
ELIA GRID INTERNATIONAL● Active
0549.780.459
Elia Group● Active
0476.388.378
EUROGRID INTERNATIONAL● Active
0823.637.886
re.alto-energy● Active
0731.852.330
WindGrid● Active
0784.365.061

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
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 date03/06/202620/06/202524/06/202414/06/202327/06/202224/06/2021
General meeting19/05/202620/05/202521/05/202416/05/202317/05/202218/05/2021
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, 26 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/05/202603/06/2026DutchPDF
Full model31/12/202519/05/202603/06/2026FrenchPDF
Full model31/12/202420/05/202520/06/2025FrenchPDF
Full model31/12/202420/05/202520/06/2025DutchPDF
Consolidated accounts31/12/202420/05/202525/06/2025DutchPDF
Consolidated accounts31/12/202420/05/202520/06/2025FrenchPDF
Full model31/12/202321/05/202424/06/2024FrenchPDF
Full model31/12/202321/05/202424/06/2024DutchPDF
Consolidated accounts31/12/202321/05/202424/06/2024DutchPDF
Consolidated accounts31/12/202321/05/202424/06/2024FrenchPDF
Full model31/12/202216/05/202314/06/2023FrenchPDF
Full model31/12/202216/05/202314/06/2023DutchPDF
Consolidated accounts31/12/202216/05/202314/06/2023FrenchPDF
Consolidated accounts31/12/202216/05/202314/06/2023DutchPDF
Full model31/12/202117/05/202227/06/2022DutchPDF
Full model31/12/202117/05/202227/06/2022FrenchPDF
Consolidated accounts31/12/202117/05/202223/06/2022FrenchPDF
Consolidated accounts31/12/202117/05/202223/06/2022DutchPDF
Full model31/12/202018/05/202119/05/2021DutchPDF
Full model31/12/202018/05/202119/05/2021FrenchPDF
Consolidated accounts31/12/202018/05/202124/06/2021DutchPDF
Consolidated accounts31/12/202018/05/202124/06/2021FrenchPDF
Full model31/12/201919/05/202013/06/2020FrenchPDF
Full model31/12/201919/05/202013/06/2020DutchPDF
Consolidated accounts31/12/201919/05/202019/06/2020DutchPDF
Consolidated accounts31/12/201919/05/202013/06/2020FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 21 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Astrid Pieron
Director20/05/2025 → 15/05/2029
Fabienne Bozet
Director20/05/2025 → 15/05/2029
Bernard Thiry
Vice-chairman of the board of directors16/05/2023 → 16/05/2029niet-onafhankelijke bestuurders16/05/2023 → 16/05/2029ended
Dominique Offergeld
Director31/07/2019 → 16/05/2029
Eddy Vermoesen
Director16/05/2023 → 15/05/2029
Roberte Kesteman
Director31/07/2019 → 16/05/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Christophe Peeters
Director27/11/2025 → 19/05/2026
Nadine Lemaitre-Rozencweig
Director20/05/2025 → 19/05/2026
Geert Versnick
Chairman of the board of directors12/12/2024 → 19/05/2026
Els Neirynck
Director20/10/2022 → 19/05/2026

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares28/05/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Capital / shares28/05/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - CAPITAL, ACTIONS
    PDF
  • Mandates15/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares24/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Capital / shares24/12/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - CAPITAL, ACTIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings7 filings
Mandates
Astrid Pieron
Fabienne Bozet
Roberte Kesteman
Dominique Offergeld
Bernard Thiry
Eddy Vermoesen
Christophe Peeters
Nadine Lemaitre-Rozencweig
Geert Versnick
Els Neirynck
INTERFIN
Laurence de l'Escaille
and 15 more mandates
20192020202120222023202420252026202720282029
Elia Transmission Belgium
Boulevard de l'Empereur 20, 1000 Brussels
Director
Director
Director
Director
Vice-chairman of the board of directorsniet-onafhankelijke bestuurders
Director
Chairman of the board of directorsVice-chairman of the board of directors
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard de l'Empereur 20, 1000 BrusselsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00145307

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Elia Transmission BelgiumCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00145307

Events

  1. 19/05/2026
    augmentation_capital
  2. 2025
    Annual accounts 2025228,4 M €↓
  3. 17/12/2025
    augmentation_capital
  4. 11/12/2025
    nominationChristophe Peeters · administrateur
  5. 11/12/2025
    nominationChristophe Peeters · bestuurder
  6. 01/10/2025
    nominationClaire Tomasina · Chief Human Resources Officer et membre du Collège de gestion journalière
  7. 01/10/2025
    nominationClaire Tomasina · Chief Human Resources Officer en lid van het College van dagelijks bestuur
  8. 20/05/2025
    nominationNadine Lemaitre-Rozencweig · administratrice indépendante
  9. 20/05/2025
    nominationFabienne Bozet · administratrice indépendante
  10. 20/05/2025
    nominationAstrid Pieron · administratrice indépendante
  11. 20/05/2025
    nominationNadine Lemaitre-Rozencweig · onafhankelijke bestuurder
  12. 20/05/2025
    nominationFabienne Bozet · onafhankelijke bestuurder
  13. 20/05/2025
    nominationAstrid Pieron · onafhankelijke bestuurder
  14. 08/05/2025
    nominationFrédéric De Mee · représentant permanent du commissaire
  15. 08/05/2025
    nominationFrédéric De Mee · vaste vertegenwoordiger van de commissaris
  16. 15/04/2025
    nominationNicolas Pire · Chief Financial Officer et Vice-Président du Collège de gestion journalière
  17. 15/04/2025
    nominationNicolas Pire · Chief Financial Officer en Ondervoorzitter van het College van dagelijks bestuur
  18. 15/04/2025
    augmentation_capital
  19. 2024
    Annual accounts 2024237 M €↑
  20. 01/04/2024
    nominationDavid Zenner · Chief Asset Officer
  21. 01/04/2024
    nominationDavid Zenner · Chief Assets Officer
  22. 2023
    Annual accounts 2023165,4 M €↑
  23. 12/12/2023
    nominationCatherine Vandenborre · Voorzitster van het College van dagelijks bestuur en Chief Financial Officer
  24. 12/12/2023
    nominationFrédéric Dunon · Chief Executive Officer en Vice-Voorzitter van het College van dagelijks bestuur
  25. 12/12/2023
    nominationCatherine Vandenborre · Présidente du Collège de gestion journalière et Chief Financial Officer
  26. 12/12/2023
    nominationFrédéric Dunon · Chief Executive Officer et Vice-Président du Collège de gestion journalière
  27. 06/09/2023
    nominationCatherine Vandenborre · Chief Executive Officer Ad Interim
  28. 16/05/2023
    reconductionBernard Gustin · onafhankelijke bestuurder
  29. 16/05/2023
    reconductionRoberte Kesteman · onafhankelijke bestuurder
  30. 16/05/2023
    reconductionDominique Offergeld · niet-onafhankelijk bestuurder
  31. 16/05/2023
    nominationEddy Vermoesen · niet-onafhankelijke bestuurder
  32. 16/05/2023
    nominationBernard Thiry · niet-onafhankelijke bestuurder
  33. 16/05/2023
    reconductionPaul Eelen · commissaris
  34. 16/05/2023
    reconductionMichaël Delbeke · commissaris
  35. 16/05/2023
    reconductionBernard Gustin · administrateur indépendant
  36. 16/05/2023
    reconductionRoberte Kesteman · administratrice indépendante
  37. 16/05/2023
    reconductionDominique Offergeld · administratrice non-indépendante
  38. 16/05/2023
    nominationEddy Vermoesen · administrateur non-indépendant
  39. 16/05/2023
    nominationBernard Thiry · administrateur non-indépendant
  40. 16/05/2023
    nominationPaul Eelen · représentant permanent (commissaire)
  41. 16/05/2023
    nominationMichaël Delbeke · représentant permanent (commissaire)
  42. 2022
    Annual accounts 2022164,7 M €↑
  43. 16/12/2022
    augmentation_capital
  44. 01/11/2022
    nominationFrédéric Dunon · Deputy Chief Executive Officer
  45. 01/11/2022
    nominationJames Matthys-Donnadieu · Chief Customers, Markets & System Officer
  46. 20/10/2022
    nominationEls Neirynck · onafhankelijke bestuurder
  47. 20/10/2022
    nominationEls Neirynck · administratrice indépendante
  48. 20/10/2022
    nominationEls Neirynck · onafhankelijk bestuurder
  49. 20/10/2022
    nominationEls Neirynck · administrateur indépendant
  50. 26/07/2022
    augmentation_capital
  51. 17/05/2022
    nominationLaurence de l'Escaïlle · administratrice indépendante
  52. 17/05/2022
    reconductionMichel Allé · administrateur indépendant
  53. 17/05/2022
    nominationLaurence de l’Escaille · onafhankelijke bestuurder
  54. 17/05/2022
    reconductionMichel Allé · onafhankelijke bestuurder
  55. 01/01/2022
    augmentation_capital
  56. 01/01/2022
    nominationThibaud Wyngaard · administrateur non-indépendant coopté
  57. 01/01/2022
    nominationThibaud Wyngaard · gecoöpteerde niet-onafhankelijke bestuurder
  58. 2021
    Annual accounts 202178,3 M €↓
  59. 2020
    Annual accounts 2020125,8 M €↑
  60. 2019
    Annual accounts 201955,3 M €
  61. 05/08/2019
    IncorporationPublic limited company