ACTIVE

RENTEL

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Financial year 2024 · closed on 31/12/2024

Net result

33,9 M €

-54.4% YoY

Revenue

142,1 M €

-31.5% YoY

Equity

123,3 M €

-17.9% YoY

What does RENTEL do?

RENTEL is a Public limited company incorporated in 2011. Its main activity is: Trade of electricity. Its registered office is in Oostende.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0842.251.889

Incorporation

16/12/2011

Legal form

Public limited company

Registered office

Buskruitstraat 3
8400 Oostende · FlandreSee on map

Contributed capital

91 515 300,83 €

Latest accounts

31/12/2024

Activities (NACE)

35140Trade of electricity· main 35150Electric power generation, transmission and distribution 35120Transmission of electricity 35130Distribution of electricity 70100Activities of head offices 70100Activities of head offices+6

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012
Income statement
Revenue	142,1 M €	-31.5%	207,5 M €	+68.7%	123 M €	-0.8%	124,1 M €	-18.8%	152,9 M €	+8.9%	140,3 M €	+111%	66,4 M €		–		–		–		–		–
EBITDA	109,2 M €	-33.3%	163,8 M €	+66.4%	98,5 M €	-11.6%	111,4 M €	-10.9%	125,1 M €	-2.4%	128,1 M €	+124%	57,2 M €	+98797%	-57,9 k €	-16.0%	-49,9 k €	-1094%	-4,2 k €	+58.2%	-10 k €	+62.1%	-26,4 k €
Operating result	55,4 M €	-49.6%	109,9 M €	+146%	44,8 M €	-21.8%	57,2 M €	-23.8%	75,1 M €	+0.1%	75,1 M €	+121%	34 M €	+9103%	-377,1 k €	-655%	-49,9 k €	-1094%	-4,2 k €	+58.2%	-10 k €	+62.1%	-26,4 k €
Net result	33,9 M €	-54.4%	74,4 M €	+223%	23 M €	-28.9%	32,4 M €	-27.7%	44,8 M €	+16.1%	38,6 M €	+54.3%	25 M €	+6755%	-375,6 k €	-637%	-50,9 k €	-289%	-13,1 k €	-34.6%	-9,7 k €	+61.7%	-25,4 k €
Balance sheet
Equity	123,3 M €	-17.9%	150,2 M €	+24.7%	120,5 M €	-7.2%	129,9 M €	+4.6%	124,1 M €	-13.5%	143,4 M €	+29.3%	110,9 M €	+17.0%	94,8 M €	+3.7%	91,4 M €	+1049%	8 M €	+14.2%	7 M €	+40.0%	5 M €
Total assets	719,6 M €	-12.4%	821,2 M €	+0.7%	815,1 M €	-7.1%	877,6 M €	-5.5%	928,6 M €	-8.2%	1 Md €	-7.4%	1,1 Md €	+84.9%	590,7 M €	+136%	250,6 M €	+2393%	10,1 M €	+28.6%	7,8 M €	+14.7%	6,8 M €
Cash	11,6 M €	-64.2%	32,4 M €	+44.8%	22,4 M €	-26.8%	30,6 M €	+1.5%	30,1 M €	-28.9%	42,4 M €	+11.2%	38,1 M €	+12.0%	34 M €	-56.4%	78,1 M €	+5405%	1,4 M €	+2.4%	1,4 M €	-57.0%	3,2 M €
Debts	567,8 M €	-12.2%	646,5 M €	-4.1%	674 M €	-7.7%	730,4 M €	-7.7%	791 M €	-7.9%	859,2 M €	-11.8%	974,3 M €	+97.0%	494,6 M €	+211%	159,2 M €	+7483%	2,1 M €	+146%	853,3 k €	-53.7%	1,8 M €
Other
Workforce	–		–		–		–		–		–		–		21,6 ETP	+36.7%	15,8 ETP	+276%	4,2 ETP	+110%	2,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 10 active · 38 ended

Active mandates

WOW

Director · since 17 mai 2024 · until 18 mai 2029 · 0657.816.980

Represented by Anne Vereecke

Active

Bert Devriendt

Director · since 24 octobre 2023 · until 18 mai 2029

Active

Koen Janssen

Director · since 19 mai 2023 · until 18 mai 2029

Active

Director · since 19 mai 2023 · until 18 mai 2029 · 0563.503.781

Represented by Peter Goderis

Active

POWER@SEA

Director · since 19 mai 2023 · until 18 mai 2029 · 0468.783.479

Represented by Kristof Van Loon

Active

Rik Van de Walle

Director · since 19 mai 2023 · until 18 mai 2029

Active

SAMANDA

Director · since 19 mai 2023 · until 17 mai 2024 · 0480.028.848

Represented by Anne Vereecke

Active

SOCOFE

Director · since 19 mai 2023 · until 18 mai 2029 · 0472.085.439

Represented by Marcel Dormann

Active

SPARAXIS

Director · since 19 mai 2023 · until 18 mai 2029 · 0452.116.307

Represented by Olivier Vanderijst

Active

NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ

Director · since 19 mai 2013 · until 18 mai 2029 · 0472.325.068

Represented by Ludo Kelchtermans

Active

Ended mandates

Martin D'Uva

Director · since 19 mai 2023 · until 24 octobre 2023

Ended

SAMANDA

Director · since 19 mai 2023 · until 18 mai 2029 · 0480.028.848

Represented by Arnaud Grégoire

Ended

Martin D'Uva

Director · since 12 avril 2022 · until 19 mai 2023

Ended

Director · since 21 mai 2021 · until 19 mai 2023 · 0563.503.781

Represented by Peter Goderis

Ended

At this address

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/06/2025	13/06/2024	23/05/2023	30/06/2022	27/05/2021	26/06/2020
General meeting	16/05/2025	17/05/2024	19/05/2023	20/05/2022	21/05/2021	15/05/2020
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	16/05/2025	13/06/2025	Dutch	PDF
Full model	31/12/2023	17/05/2024	13/06/2024	Dutch	PDF
Full model	31/12/2022	19/05/2023	23/05/2023	Dutch	PDF
Full model	31/12/2021	20/05/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	21/05/2021	27/05/2021	Dutch	PDF
Full model	31/12/2019	15/05/2020	26/06/2020	Dutch	PDF
Full model	31/12/2018	17/05/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	18/05/2018	29/06/2018	Dutch	PDF
Full model	31/12/2016	19/05/2017	28/06/2017	Dutch	PDF
Full model	31/12/2015	20/05/2016	04/07/2016	Dutch	PDF
Full model	31/12/2014	08/06/2015	03/07/2015	Dutch	PDF
Full model	31/12/2013	16/05/2014	20/05/2014	Dutch	PDF
Full model	31/12/2012	17/05/2013	17/06/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 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 31/12/2024 · 10 active · 38 ended

Active mandates

WOW

Director · since 17 mai 2024 · until 18 mai 2029 · 0657.816.980

Represented by Anne Vereecke

Active

Bert Devriendt

Director · since 24 octobre 2023 · until 18 mai 2029

Active

Koen Janssen

Director · since 19 mai 2023 · until 18 mai 2029

Active

Director · since 19 mai 2023 · until 18 mai 2029 · 0563.503.781

Represented by Peter Goderis

Active

POWER@SEA

Director · since 19 mai 2023 · until 18 mai 2029 · 0468.783.479

Represented by Kristof Van Loon

Active

Rik Van de Walle

Director · since 19 mai 2023 · until 18 mai 2029

Active

SAMANDA

Director · since 19 mai 2023 · until 17 mai 2024 · 0480.028.848

Represented by Anne Vereecke

Active

SOCOFE

Director · since 19 mai 2023 · until 18 mai 2029 · 0472.085.439

Represented by Marcel Dormann

Active

SPARAXIS

Director · since 19 mai 2023 · until 18 mai 2029 · 0452.116.307

Represented by Olivier Vanderijst

Active

NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ

Director · since 19 mai 2013 · until 18 mai 2029 · 0472.325.068

Represented by Ludo Kelchtermans

Active

Ended mandates

Martin D'Uva

Director · since 19 mai 2023 · until 24 octobre 2023

Ended

SAMANDA

Director · since 19 mai 2023 · until 18 mai 2029 · 0480.028.848

Represented by Arnaud Grégoire

Ended

Martin D'Uva

Director · since 12 avril 2022 · until 19 mai 2023

Ended

Director · since 21 mai 2021 · until 19 mai 2023 · 0563.503.781

Represented by Peter Goderis

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other06/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates08/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/05/2022
ONTSLAGEN - BENOEMINGEN
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

2024
Annual accounts 202433,9 M €↓
2023
Annual accounts 202374,4 M €↑
20/11/2023
nominationBert Devriendt — bestuurder
24/10/2023
nominationBert Devriendt — bestuurder categorie C
31/05/2023
nominationAnne Vereecke — vaste vertegenwoordiger van Samanda NV
19/05/2023
reconductionPE BV — bestuurder
19/05/2023
reconductionRik Van de Walle — bestuurder
19/05/2023
reconductionMartin D’Uva — bestuurder
19/05/2023
reconductionKoen Janssen — bestuurder
19/05/2023
reconductionNuhma CV — bestuurder
19/05/2023
reconductionSocofe SA — bestuurder
19/05/2023
reconductionSamanda NV — bestuurder
19/05/2023
reconductionPower@Sea NV — bestuurder
19/05/2023
reconductionSparaxis SA — bestuurder
2022
Annual accounts 202223 M €↓
12/04/2022
nominationMartin D'Uva — bestuurder
05/04/2022
nominationArnaud GREGOIRE — vaste vertegenwoordiger van Samanda SA
2021
Annual accounts 202132,4 M €↓
2020
Annual accounts 202044,8 M €↑
2019
Annual accounts 201938,6 M €↑
2018
Annual accounts 201825 M €↑
2017
Annual accounts 2017-375,6 k €↓
2016
Annual accounts 2016-50,9 k €↓
2014
Annual accounts 2014-13,1 k €↓
2013
Annual accounts 2013-9,7 k €↑
2012
Annual accounts 2012-25,4 k €
16/12/2011
IncorporationPublic 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

RENTEL

Overview

What does RENTEL do?

Trend over 12 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