ACTIVE

GRENSLAND POWER

Financial year 2025 · Closed on 31/12/2025

Net result159,8 k €+148,6 %over 1 year

Gross margin225 k €-15,1 %over 1 year

Equity176 k €+939,5 %over 1 year

Identity

Source · BCE/KBO

GRENSLAND POWER is a Public limited company incorporated in 2009. Its main activity is: Production of electricity. Its registered office is in Gent.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0812.318.679
Incorporation: 15/06/2009
Legal form: Public limited company
Registered office: Dulle-Grietlaan 17 box 7
9050 Gent · FlandreSee on map
Contributed capital: 61 500,00 €
Latest accounts: 31/12/2025

Activities (NACE)

35110Production of electricity· main 35110Production of electricity 35120Transmission of electricity 35130Distribution of electricity 35130Distribution of electricity 35140Trade of electricity+4

Signals

ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	225 k €	-15.1%	265,1 k €	-33.8%	400,4 k €	-70.2%	1,3 M €	+27.1%	1,1 M €
EBITDA	223,3 k €	-15.0%	262,8 k €	-30.7%	379,4 k €	-71.7%	1,3 M €	+27.1%	1,1 M €
Operating result	155,1 k €	+146%	-339 k €	-54.0%	-220,1 k €	-130%	737,6 k €	+64.1%	449,5 k €
Net result	159,8 k €	+149%	-328,8 k €	-63.3%	-201,4 k €	-132%	626,2 k €	+82.6%	343 k €
Balance sheet
Equity	176 k €	+939%	16,9 k €	-95.2%	354,2 k €	-82.3%	2 M €	+21.8%	1,6 M €
Total assets	2,2 M €	+141%	924,1 k €	+16.4%	793,8 k €	-68.6%	2,5 M €	+5.2%	2,4 M €
Cash	356,5 k €	-50.5%	720,6 k €	+2004%	34,3 k €	-95.4%	744,9 k €	+493%	125,6 k €
Debts	1,8 M €	+158%	717,8 k €	+214%	228,8 k €	-36.5%	360,2 k €	-42.8%	630 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GALLOO HOLDING0405.484.843Represented by Rik DEBAERE	Director01/01/2024 → 17/04/2030
DECOSPAN HOLDING0418.850.156Represented by Wouter PATTYN	Chairman of the board of directors11/10/2010 → 18/04/2029Director11/10/2010 → 2022 accountsended
ERVEDE0448.945.989Represented by Alexander Vanraes	Director11/10/2010 → 18/04/2029
Forena0425.410.920Represented by Gunther Bamelis	Director11/10/2010 → 18/04/2029
TREVI FINANCE0828.656.350Represented by Peter Vandeputte	Managing director20/06/2023 → 18/04/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LEIESTROOM0821.076.195Represented by Peter VANDEPUTTE	Managing director26/06/2020 → 2023 accounts
Pierre Vandeputte	Director26/06/2020 → 2022 accounts

Other companies at this address

Dulle-Grietlaan 17 9050 Gent

Company	CBE no.
Albertstroom● Active	0670.760.146
ARDO ENERGY BELGIUM● Active	0734.476.278
BiogasTec Trading● Active	1024.262.590
DIGROM ENERGY● Active	0828.657.241
LEIESTROOM● Active	0821.076.195
TREVI● Active	0447.717.158
TREVI FINANCE● Active	0828.656.350
TREVION● Active	0839.663.969

Full financial information

Source · NBB

	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	28/07/2026	05/06/2025	11/07/2024	26/06/2023	10/06/2022	08/06/2021
General meeting	29/06/2026	26/05/2025	19/06/2024	20/06/2023	08/06/2022	31/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	05/06/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	19/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2023	19/06/2024	01/07/2024	Dutch	PDF
Abridged model	31/12/2022	20/06/2023	26/06/2023	Dutch	PDF
Abridged model	31/12/2021	08/06/2022	10/06/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	08/06/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	18/07/2018	Dutch	PDF
Abridged model	31/12/2016	08/05/2017	19/06/2017	Dutch	PDF
Full model	31/12/2015	20/04/2016	01/06/2016	Dutch	PDF
Full model	31/12/2014	15/04/2015	10/06/2015	Dutch	PDF
Full model	31/12/2013	30/09/2014	30/09/2014	Dutch	PDF
Full model	31/12/2012	29/04/2013	21/08/2013	Dutch	PDF
Full model	31/12/2011	28/04/2012	24/07/2012	Dutch	PDF
Full model	31/12/2010	10/05/2011	21/06/2011	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025

5 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GALLOO HOLDING0405.484.843Represented by Rik DEBAERE	Director01/01/2024 → 17/04/2030
DECOSPAN HOLDING0418.850.156Represented by Wouter PATTYN	Chairman of the board of directors11/10/2010 → 18/04/2029Director11/10/2010 → 2022 accountsended
ERVEDE0448.945.989Represented by Alexander Vanraes	Director11/10/2010 → 18/04/2029
Forena0425.410.920Represented by Gunther Bamelis	Director11/10/2010 → 18/04/2029
TREVI FINANCE0828.656.350Represented by Peter Vandeputte	Managing director20/06/2023 → 18/04/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LEIESTROOM0821.076.195Represented by Peter VANDEPUTTE	Managing director26/06/2020 → 2023 accounts
Pierre Vandeputte	Director26/06/2020 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates04/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/03/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/05/2017
ONTSLAGEN - BENOEMINGEN
PDF

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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

Filings14 filings

Mandates

GALLOO HOLDING

DECOSPAN HOLDING

Forena

ERVEDE

TREVI FINANCE

LEIESTROOM

Pierre Vandeputte

YANTE

Peso-verde BV

ARCADIA STRATEGOI

Calix Consulting

Eddy Baeke Financial Management

Show the 7 other mandates

2009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

GRENSLAND POWER

Dulle-Grietlaan 17 bte 7, 9050 Ledeberg (Gent)Dulle-Grietlaan 17/7, 9050 Ledeberg (Gent)

Director

Chairman of the board of directorsDirector

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Dulle-Grietlaan 17 bte 7, 9050 Ledeberg (Gent)Current	accounts 2025	Accounts 2025 · 2026-00350959
Dulle-Grietlaan 17/7, 9050 Ledeberg (Gent)	accounts 2021 → 2024	Accounts 2024 · 2025-00123105

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GRENSLAND POWERCurrent	accounts 2010 → 2025	Accounts 2025 · 2026-00350959

Events

2025
Annual accounts 2025159,8 k €↑
2024
Annual accounts 2024-328,8 k €↓
2023
Annual accounts 2023-201,4 k €↓
2022
Annual accounts 2022626,2 k €↑
2021
Annual accounts 2021343 k €↑
2018
Annual accounts 2018173,6 k €↑
2017
Annual accounts 2017140,1 k €↑
2016
Annual accounts 2016103,6 k €↓
2015
Annual accounts 2015533,3 k €↑
2014
Annual accounts 2014359,4 k €↑
2013
Annual accounts 2013305,7 k €↑
2012
Annual accounts 2012-56,2 k €↓
2011
Annual accounts 2011-3,1 k €↑
2010
Annual accounts 2010-32 k €
15/06/2009
IncorporationPublic limited company

GRENSLAND POWER

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events