ACTIVE

GRENSLAND POWER

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Financial year 2025 · Closed on 31/12/2025

Net result
159,8 k €
+148,6 %over 1 year
Gross margin
225 k €
-15,1 %over 1 year
Equity
176 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
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin225 k €265,1 k €400,4 k €1,3 M €1,1 M €
EBITDA223,3 k €262,8 k €379,4 k €1,3 M €1,1 M €
Operating result155,1 k €-339 k €-220,1 k €737,6 k €449,5 k €
Net result159,8 k €-328,8 k €-201,4 k €626,2 k €343 k €
Balance sheet
Equity176 k €16,9 k €354,2 k €2 M €1,6 M €
Total assets2,2 M €924,1 k €793,8 k €2,5 M €2,4 M €
Cash356,5 k €720,6 k €34,3 k €744,9 k €125,6 k €
Debts1,8 M €717,8 k €228,8 k €360,2 k €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 · 68 ended

Active mandates

GALLOO HOLDING

Director · since 01 janvier 2024 · until 17 avril 2030 · 0405.484.843

Represented by Rik DEBAERE

Active
DECOSPAN HOLDING

Chairman of the board of directors · since 20 juin 2023 · until 18 avril 2029 · 0418.850.156

Represented by Wouter PATTYN

Active
ERVEDE

Director · since 20 juin 2023 · until 18 avril 2029 · 0448.945.989

Represented by Alexander Vanraes

Active
Forena

Director · since 20 juin 2023 · until 18 avril 2029 · 0425.410.920

Represented by Gunther Bamelis

Active
TREVI FINANCE

Managing director · since 20 juin 2023 · until 18 avril 2029 · 0828.656.350

Represented by Peter Vandeputte

Active

Ended mandates

Forena

Director · since 20 juin 2023 · until 18 avril 2029 · 0425.410.920

Represented by Gunther BAMELIS

Ended
ERVEDE

Director · since 26 septembre 2020 · until 16 avril 2025 · 0448.945.989

Represented by Alexander Vanraes

Ended
LEIESTROOM

Managing director · since 26 septembre 2020 · until 20 juin 2023 · 0821.076.195

Represented by Peter VANDEPUTTE

Ended
LEIESTROOM

Managing director · since 26 septembre 2020 · until 16 avril 2025 · 0821.076.195

Represented by Peter Vandeputte

Ended

Other companies at this address

Dulle-Grietlaan 17 9050 Gent
CompanyCBE 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
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date28/07/202605/06/202511/07/202426/06/202310/06/202208/06/2021
General meeting29/06/202626/05/202519/06/202420/06/202308/06/202231/05/2021
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202628/07/2026DutchPDF
Abridged model31/12/202426/05/202505/06/2025DutchPDF
Abridged modelCorrection31/12/202319/06/202411/07/2024DutchPDF
Abridged model31/12/202319/06/202401/07/2024DutchPDF
Abridged model31/12/202220/06/202326/06/2023DutchPDF
Abridged model31/12/202108/06/202210/06/2022DutchPDF
Abridged model31/12/202031/05/202108/06/2021DutchPDF
Abridged model31/12/201926/06/202024/07/2020DutchPDF
Abridged model31/12/201830/06/201911/07/2019DutchPDF
Abridged model31/12/201729/06/201818/07/2018DutchPDF
Abridged model31/12/201608/05/201719/06/2017DutchPDF
Full model31/12/201520/04/201601/06/2016DutchPDF
Full model31/12/201415/04/201510/06/2015DutchPDF
Full model31/12/201330/09/201430/09/2014DutchPDF
Full model31/12/201229/04/201321/08/2013DutchPDF
Full model31/12/201128/04/201224/07/2012DutchPDF
Full model31/12/201010/05/201121/06/2011DutchPDF

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 · 68 ended

Active mandates

GALLOO HOLDING

Director · since 01 janvier 2024 · until 17 avril 2030 · 0405.484.843

Represented by Rik DEBAERE

Active
DECOSPAN HOLDING

Chairman of the board of directors · since 20 juin 2023 · until 18 avril 2029 · 0418.850.156

Represented by Wouter PATTYN

Active
ERVEDE

Director · since 20 juin 2023 · until 18 avril 2029 · 0448.945.989

Represented by Alexander Vanraes

Active
Forena

Director · since 20 juin 2023 · until 18 avril 2029 · 0425.410.920

Represented by Gunther Bamelis

Active
TREVI FINANCE

Managing director · since 20 juin 2023 · until 18 avril 2029 · 0828.656.350

Represented by Peter Vandeputte

Active

Ended mandates

Forena

Director · since 20 juin 2023 · until 18 avril 2029 · 0425.410.920

Represented by Gunther BAMELIS

Ended
ERVEDE

Director · since 26 septembre 2020 · until 16 avril 2025 · 0448.945.989

Represented by Alexander Vanraes

Ended
LEIESTROOM

Managing director · since 26 septembre 2020 · until 20 juin 2023 · 0821.076.195

Represented by Peter VANDEPUTTE

Ended
LEIESTROOM

Managing director · since 26 septembre 2020 · until 16 avril 2025 · 0821.076.195

Represented by Peter Vandeputte

Ended

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

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 2025159,8 k €↑
  2. 2024
    Annual accounts 2024-328,8 k €↓
  3. 2023
    Annual accounts 2023-201,4 k €↓
  4. 2022
    Annual accounts 2022626,2 k €↑
  5. 2021
    Annual accounts 2021343 k €↑
  6. 2018
    Annual accounts 2018173,6 k €↑
  7. 2017
    Annual accounts 2017140,1 k €↑
  8. 2016
    Annual accounts 2016103,6 k €↓
  9. 2015
    Annual accounts 2015533,3 k €↑
  10. 2014
    Annual accounts 2014359,4 k €↑
  11. 2013
    Annual accounts 2013305,7 k €↑
  12. 2012
    Annual accounts 2012-56,2 k €↓
  13. 2011
    Annual accounts 2011-3,1 k €↑
  14. 2010
    Annual accounts 2010-32 k €
  15. 15/06/2009
    IncorporationPublic limited company