ACTIVE

BLUE LINES GPI

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Financial year 2025 · closed on 31/12/2025
Net result
-274,6 k €
-82.9% YoY
Revenue
61,5 k €
-42.3% YoY
Equity
692,9 k €
-28.4% YoY

What does BLUE LINES GPI do?

BLUE LINES GPI is a Public limited company incorporated in 2012. Its main activity is: Production of electricity. Its registered office is in Heusden-Zolder.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0845.011.045
Incorporation
04/04/2012
Legal form
Public limited company
Registered office
De Lange Beemden 14 box 1
3550 Heusden-Zolder · FlandreSee on map
Contributed capital
180 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
35110Production of electricity· main35110Production of electricity
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Revenue61,5 k €106,4 k €282,3 k €842,4 k €819 k €826,3 k €831,7 k €771,1 k €749,9 k €710,6 k €–––
EBITDA-279,3 k €-33,3 k €180 k €663,1 k €714,7 k €734,6 k €698,5 k €699 k €653,4 k €605,1 k €602,1 k €536,9 k €467,3 k €
Operating result-288,2 k €-173,7 k €-6,7 k €311,2 k €306,1 k €325,8 k €289,7 k €291,9 k €317,4 k €269,9 k €275,4 k €268,8 k €188,7 k €
Net result-274,6 k €-150,2 k €-4,1 k €236,2 k €218 k €201,2 k €128,2 k €137,8 k €177,6 k €140,9 k €128,9 k €136,5 k €-13,7 k €
Balance sheet
Equity692,9 k €967,5 k €1,1 M €1,1 M €1,1 M €1 M €946,4 k €938,2 k €444,1 k €386,5 k €341,7 k €284,7 k €166,3 k €
Total assets763,1 k €1,3 M €1,4 M €1,7 M €2,2 M €2,8 M €2,2 M €2,8 M €2,6 M €2,8 M €3 M €2,6 M €2,6 M €
Cash673,1 k €505 k €68,5 k €333,1 k €51,4 k €511,6 k €65,1 k €196,2 k €126,9 k €132,8 k €40,3 k €79,2 k €76,1 k €
Debts70,2 k €349,2 k €260,1 k €625,6 k €1,1 M €1,8 M €1,3 M €1,8 M €2,1 M €2,4 M €2,6 M €2,3 M €2,4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 49 ended

Active mandates

ENERGY SOLUTIONS GROUP

Managing director · since 28 avril 2023 · until 27 avril 2028 · 0643.473.155

Represented by Bert CREEMERS

Active
PATRONALE LIFE

Chairman of the board of directors · since 28 avril 2023 · until 27 avril 2028 · 0415.120.705

Represented by Filip MOEYKENS

Active
RENTFIN

Director · since 28 avril 2023 · until 27 avril 2028 · 0787.966.929

Represented by Peggy RENTMEESTERS

Active

Ended mandates

PATRONALE LIFE

Chairman of the board of directors · since 27 avril 2023 · until 27 avril 2028 · 0415.120.705

Represented by Filip MOEYKENS

Ended
Bert CREEMERS

Managing director · since 02 mai 2022 · until 28 avril 2023

Ended
Bert CREEMERS

Managing director · since 02 mai 2022 · until 27 avril 2028

Ended
Diederik BAETE

Director · since 02 mai 2022 · until 28 avril 2023

Ended
At this address

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0400.941.184
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0401.301.668
SOLAR ROOF CHARLEROI● Active
0785.507.681
Annual accounts

Full financial information

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 date21/05/202616/05/202522/05/202426/05/202325/05/202210/05/2021
General meeting23/04/202624/04/202525/04/202428/04/202302/05/202203/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/04/202621/05/2026DutchPDF
Abridged model31/12/202424/04/202516/05/2025DutchPDF
Abridged model31/12/202325/04/202422/05/2024DutchPDF
Abridged model31/12/202228/04/202326/05/2023DutchPDF
Abridged model31/12/202102/05/202225/05/2022DutchPDF
Abridged model31/12/202003/05/202110/05/2021DutchPDF
Abridged model31/12/201905/06/202011/06/2020DutchPDF
Abridged model31/12/201817/05/201905/08/2019DutchPDF
Abridged model31/12/201707/05/201808/05/2018DutchPDF
Abridged model31/12/201602/06/201712/07/2017DutchPDF
Abridged model31/12/201502/05/201618/05/2016DutchPDF
Abridged model31/12/201404/05/201518/06/2015DutchPDF
Abridged model31/12/201305/05/201418/06/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 3 active · 49 ended

Active mandates

ENERGY SOLUTIONS GROUP

Managing director · since 28 avril 2023 · until 27 avril 2028 · 0643.473.155

Represented by Bert CREEMERS

Active
PATRONALE LIFE

Chairman of the board of directors · since 28 avril 2023 · until 27 avril 2028 · 0415.120.705

Represented by Filip MOEYKENS

Active
RENTFIN

Director · since 28 avril 2023 · until 27 avril 2028 · 0787.966.929

Represented by Peggy RENTMEESTERS

Active

Ended mandates

PATRONALE LIFE

Chairman of the board of directors · since 27 avril 2023 · until 27 avril 2028 · 0415.120.705

Represented by Filip MOEYKENS

Ended
Bert CREEMERS

Managing director · since 02 mai 2022 · until 28 avril 2023

Ended
Bert CREEMERS

Managing director · since 02 mai 2022 · until 27 avril 2028

Ended
Diederik BAETE

Director · since 02 mai 2022 · until 28 avril 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/03/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/04/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/09/2019
    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

Timeline

  1. 2025
    Annual accounts 2025-274,6 k €↓
  2. 2024
    Annual accounts 2024-150,2 k €↓
  3. 2023
    Annual accounts 2023-4,1 k €↓
  4. 2022
    Annual accounts 2022236,2 k €↑
  5. 2021
    Annual accounts 2021218 k €↑
  6. 2020
    Annual accounts 2020201,2 k €↑
  7. 2019
    Annual accounts 2019128,2 k €↓
  8. 2018
    Annual accounts 2018137,8 k €↓
  9. 2017
    Annual accounts 2017177,6 k €↑
  10. 2016
    Annual accounts 2016140,9 k €↑
  11. 2015
    Annual accounts 2015128,9 k €↓
  12. 2014
    Annual accounts 2014136,5 k €↑
  13. 2013
    Annual accounts 2013-13,7 k €
  14. 04/04/2012
    IncorporationPublic limited company