BRUSSELS NETWORK OPERATIONS
0881.278.355 · rovalta.com · 23/09/2026
ACTIVE
BRUSSELS NETWORK OPERATIONS
Financial year 2025 · closed on 31/12/2025
Net result
1,2 k €
+16.6% YoY
Revenue
142,7 M €
+0.0% YoY
Equity
23,2 k €
0.0% YoY
Workforce
1 201,7 ETP
+3.3% YoY
Overview
What does BRUSSELS NETWORK OPERATIONS do?
BRUSSELS NETWORK OPERATIONS is a Cooperative society incorporated in 2006. Its main activity is: Distribution of electricity. Its registered office is in Bruxelles. It employs on average 1 201,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0881.278.355
Incorporation
12/05/2006
Legal form
Cooperative society
Registered office
Quai des Usines 16
1000 Bruxelles · BruxellesSee on map
1000 Bruxelles · BruxellesSee on map
Contributed capital
19 300,00 €
Latest accounts
31/12/2025
Average workforce
1 201,7 ETP
Activities (NACE)
Joint committees (1)
- 326
Signals
ProfitableHealthy social debtsHigh revenue
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 142,7 M € | +0.0% | 142,6 M € | +6.6% | 133,7 M € | +4.0% | 128,5 M € | +9.2% | 117,7 M € | +7.4% | 109,6 M € | +1.5% | 108,1 M € | -1.1% | 109,3 M € | +6.7% | 102,4 M € | +1.0% | 101,4 M € | -2.8% | 104,3 M € | -3.1% | 107,6 M € | +1.6% | 105,9 M € | -5.0% | 111,5 M € | +5.1% | 106,1 M € | +6.0% | 100,1 M € | -0.9% | 101 M € | +9.5% | 92,2 M € | +2.4% | 90 M € |
| EBITDA | -6,3 M € | -409% | 2 M € | -19.9% | 2,6 M € | -15.8% | 3 M € | +68.1% | 1,8 M € | +17.4% | 1,5 M € | -39.8% | 2,6 M € | +33.3% | 1,9 M € | +21.5% | 1,6 M € | +5.8% | 1,5 M € | +4.8% | 1,4 M € | -4.4% | 1,5 M € | -22.2% | 1,9 M € | +7.5% | 1,8 M € | +1.7% | 1,8 M € | -4.4% | 1,8 M € | +7.9% | 1,7 M € | +23.8% | 1,4 M € | +496% | 229,8 k € |
| Operating result | 1,3 M € | -29.4% | 1,9 M € | -6.8% | 2 M € | -6.1% | 2,2 M € | +24.6% | 1,7 M € | +13.2% | 1,5 M € | -39.8% | 2,6 M € | +33.3% | 1,9 M € | +21.5% | 1,6 M € | +5.8% | 1,5 M € | +4.8% | 1,4 M € | -4.4% | 1,5 M € | -22.2% | 1,9 M € | +7.5% | 1,8 M € | +1.7% | 1,8 M € | -4.4% | 1,8 M € | +7.9% | 1,7 M € | +23.8% | 1,4 M € | +496% | 229,8 k € |
| Net result | 1,2 k € | +16.6% | 1 k € | 0.0% | 1 k € | 0.0% | 1 k € | 0.0% | 1 k € | 0.0% | 1 k € | 0.0% | 1 k € | 0.0% | 1 k € | +52.7% | 676,4 € | -69.2% | 2,2 k € | +1.5% | 2,2 k € | -0.4% | 2,2 k € | +1.0% | 2,2 k € | +2.2% | 2,1 k € | +3.5% | 2 k € | +3.1% | 2 k € | +0.3% | 2 k € | +2.7% | 1,9 k € | -79.5% | 9,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 23,2 k € | 0.0% | 23,2 k € | 0.0% | 23,2 k € | 0.0% | 23,2 k € | 0.0% | 23,2 k € | +0.1% | 23,2 k € | 0.0% | 23,2 k € | 0.0% | 23,2 k € | +15.8% | 20 k € | +0.2% | 20 k € | +0.6% | 19,9 k € | +0.5% | 19,8 k € | +0.6% | 19,7 k € | +0.5% | 19,6 k € | +0.5% | 19,5 k € | +0.5% | 19,4 k € | +0.5% | 19,3 k € | +0.5% | 19,2 k € | -93.2% | 281,3 k € |
| Total assets | 30,3 M € | -27.5% | 41,8 M € | +1.4% | 41,2 M € | +19.4% | 34,5 M € | +15.3% | 29,9 M € | +14.0% | 26,3 M € | -4.1% | 27,4 M € | +0.5% | 27,2 M € | +23.2% | 22,1 M € | +2.7% | 21,5 M € | -2.7% | 22,1 M € | -8.5% | 24,2 M € | -2.1% | 24,7 M € | -9.2% | 27,2 M € | +13.2% | 24,1 M € | +17.4% | 20,5 M € | +2.0% | 20,1 M € | -14.6% | 23,5 M € | -43.0% | 41,3 M € |
| Cash | 1,2 M € | +30.0% | 911,7 k € | +7.3% | 849,6 k € | -71.8% | 3 M € | +57.4% | 1,9 M € | -4.0% | 2 M € | +10.1% | 1,8 M € | +157% | 705,1 k € | -63.8% | 1,9 M € | +440% | 360,9 k € | +5.8% | 341,2 k € | -57.5% | 803,2 k € | -27.7% | 1,1 M € | +1998% | 52,9 k € | +105% | 25,8 k € | -72.7% | 94,7 k € | -96.7% | 2,9 M € | -66.9% | 8,7 M € | -0.8% | 8,8 M € |
| Debts | 27,2 M € | -13.7% | 31,5 M € | -0.5% | 31,6 M € | +22.9% | 25,8 M € | +15.6% | 22,3 M € | +18.4% | 18,8 M € | -4.0% | 19,6 M € | +3.5% | 18,9 M € | -11.4% | 21,4 M € | +1.1% | 21,1 M € | -2.6% | 21,7 M € | -9.8% | 24,1 M € | -2.2% | 24,6 M € | -9.1% | 27,1 M € | +13.0% | 23,9 M € | +17.5% | 20,4 M € | +2.0% | 20 M € | -14.8% | 23,4 M € | -42.8% | 41 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 1 201,7 ETP | +3.3% | 1 163,5 ETP | +5.5% | 1 103,1 ETP | +1.9% | 1 082,3 ETP | +0.5% | 1 076,9 ETP | +3.5% | 1 040,3 ETP | +1.6% | 1 023,5 ETP | +1.0% | 1 013,6 ETP | +5.1% | 964,5 ETP | -0.7% | 971,3 ETP | -2.0% | 991,2 ETP | -0.3% | 994,2 ETP | -1.0% | 1 004,5 ETP | -1.1% | 1 015,3 ETP | -0.5% | 1 020,3 ETP | +5.3% | 968,7 ETP | +2.5% | 945,4 ETP | +0.0% | 945,0 ETP | +6.0% | 891,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 8 active · 67 ended
Active mandates
Ahmed OUARTASSI
ActiveDavid CORDONNIER
ActiveFloriane BONNIER
ActiveHervé DOYEN
ActiveLuca D'AGRO
ActiveOlivia P'TITO
ActiveThibaud WYNGAARD
ActiveEnded mandates
At this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 09/07/2026 | 04/07/2025 | 02/07/2024 | 28/06/2023 | 15/06/2022 | 29/06/2021 |
| General meeting | 04/06/2026 | 17/06/2025 | 11/06/2024 | 13/06/2023 | 14/06/2022 | 08/06/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 04/06/2026 | 09/07/2026 | French | |
| Full model | 31/12/2024 | 17/06/2025 | 04/07/2025 | Dutch | |
| Full model | 31/12/2024 | 17/06/2025 | 04/07/2025 | French | |
| Full model | 31/12/2023 | 11/06/2024 | 02/07/2024 | French | |
| Full model | 31/12/2022 | 13/06/2023 | 28/06/2023 | French | |
| Full model | 31/12/2021 | 14/06/2022 | 15/06/2022 | French | |
| Full model | 31/12/2020 | 08/06/2021 | 29/06/2021 | French | |
| Full model | 31/12/2019 | 09/06/2020 | 03/07/2020 | French | |
| Full model | 31/12/2018 | 11/06/2019 | 13/06/2019 | French | |
| Full model | 31/12/2017 | 12/06/2018 | 18/06/2018 | French | |
| Full model | 31/12/2016 | 13/06/2017 | 26/06/2017 | French | |
| Full model | 31/12/2015 | 14/06/2016 | 06/07/2016 | French | |
| Full model | 31/12/2014 | 09/06/2015 | 25/06/2015 | French | |
| Full model | 31/12/2013 | 10/06/2014 | 01/07/2014 | French | |
| Full model | 31/12/2012 | 13/06/2013 | 20/06/2013 | Dutch | |
| Full model | 31/12/2011 | 12/06/2012 | 27/06/2012 | French | |
| Full model | 31/12/2010 | 14/06/2011 | 07/07/2011 | Dutch | |
| Full model | 31/12/2009 | 20/05/2010 | 11/06/2010 | Dutch | |
| Full model | 31/12/2008 | 11/06/2009 | 25/06/2009 | Dutch | |
| Full model | 31/12/2007 | 09/06/2008 | 26/06/2008 | Dutch | |
| Full model | 31/12/2006 | 13/06/2007 | 04/07/2007 | French |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 8 active · 67 ended
Active mandates
Ahmed OUARTASSI
ActiveDavid CORDONNIER
ActiveFloriane BONNIER
ActiveHervé DOYEN
ActiveLuca D'AGRO
ActiveOlivia P'TITO
ActiveThibaud WYNGAARD
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates10/12/2025ONTSLAGEN - BENOEMINGEN
- Mandates10/12/2025DEMISSIONS, NOMINATIONS
- Mandates10/12/2025ONTSLAGEN - BENOEMINGEN
- Mandates10/12/2025DEMISSIONS, NOMINATIONS
- Mandates14/05/2025ONTSLAGEN - BENOEMINGEN
- Mandates14/05/2025DEMISSIONS, NOMINATIONS
- Mandates17/12/2024ONTSLAGEN - BENOEMINGEN
- Mandates17/12/2024DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,2 k €↑
- 2024Annual accounts 20241 k €↑
- 2023Annual accounts 20231 k €↑
- 2022Annual accounts 20221 k €↑
- 2021Annual accounts 20211 k €↑
- 2020Annual accounts 20201 k €↑
- 2019Annual accounts 20191 k €↑
- 2018Annual accounts 20181 k €↑
- 2016Annual accounts 2016676,4 €↓
- 2015Annual accounts 20152,2 k €↑
- 2014Annual accounts 20142,2 k €↓
- 2013Annual accounts 20132,2 k €↑
- 2012Annual accounts 20122,2 k €↑
- 2011Annual accounts 20112,1 k €↑
- 2010Annual accounts 20102 k €↑
- 2009Annual accounts 20092 k €↑
- 2008Annual accounts 20082 k €↑
- 2007Annual accounts 20071,9 k €↓
- 2006Annual accounts 20069,4 k €
- 12/05/2006IncorporationCooperative society