ACTIVE

ENERGIE-FLEUVES

Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €-21,4 %over 1 year

Gross margin2,8 M €-11,7 %over 1 year

Equity16,3 M €-14,7 %over 1 year

Identity

Source · BCE/KBO

ENERGIE-FLEUVES is a Public limited company incorporated in 2006. Its main activity is: Trade of electricity. Its registered office is in Herstal.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0885.002.660
Incorporation: 15/11/2006
Legal form: Public limited company
Registered office: Parc Ind. des Hauts Sarts, 1e av 123-125
4040 Herstal · Wallonie
Contributed capital: 3 712 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

35140Trade of electricity· main 35150Electric power generation, transmission and distribution 40130Distribution et commerce d'électricité

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,8 M €	-11.7%	3,2 M €	-50.6%	6,4 M €	-1.1%	6,5 M €	+64.7%	3,9 M €
EBITDA	2,8 M €	-11.7%	3,2 M €	-50.5%	6,4 M €	-1.4%	6,5 M €	+64.8%	3,9 M €
Operating result	1,5 M €	-19.3%	1,9 M €	-70.0%	6,4 M €	+60.5%	4 M €	+47.3%	2,7 M €
Net result	1,4 M €	-21.4%	1,8 M €	-65.6%	5,3 M €	+61.1%	3,3 M €	+24.6%	2,6 M €
Balance sheet
Equity	16,3 M €	-14.7%	19,1 M €	+0.5%	19 M €	+41.6%	13,4 M €	+29.8%	10,3 M €
Total assets	21,2 M €	-5.0%	22,3 M €	-7.7%	24,2 M €	+2.3%	23,6 M €	+6.3%	22,3 M €
Cash	1,1 k €	-99.9%	2 M €	+55.9%	1,3 M €	-69.1%	4,2 M €	+154%	1,7 M €
Debts	4,9 M €	+51.5%	3,3 M €	-37.5%	5,2 M €	-42.1%	9 M €	-24.6%	11,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 37 ended

Active mandates

Jean RUTTEN

Managing director · since 02 juin 2021 · until 02 juin 2027

Active

Stéphane SCHLECK

Managing director · since 02 juin 2021 · until 02 juin 2027

Active

Ended mandates

Nathalie RUTTEN

Director · since 02 juin 2021 · until 01 octobre 2024

Ended

Nathalie RUTTEN

Director · since 02 juin 2021 · until 02 juin 2027

Ended

Jean RUTTEN

Managing director · since 25 avril 2019 · until 02 juin 2025

Ended

Nathalie RUTTEN

Director · since 25 avril 2019 · until 02 juin 2025

Ended

Other companies at this address

Parc Ind. des Hauts Sarts, 1e av 123-125 4040 Herstal

Company	CBE no.
RUTTEN ELECTROMECANIQUE● Active	0421.862.304
RUTTEN - NEW ENERGY SYSTEM● Active	0508.535.564

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	16/06/2026	02/06/2025	26/09/2024	29/06/2023	23/05/2022	10/06/2021
General meeting	02/06/2026	16/05/2025	11/06/2024	08/06/2023	12/05/2022	01/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/06/2026	16/06/2026	French	PDF
Abridged model	31/12/2024	16/05/2025	02/06/2025	French	PDF
Abridged model	31/12/2023	11/06/2024	26/09/2024	French	PDF
Abridged model	31/12/2022	08/06/2023	29/06/2023	French	PDF
Abridged model	31/12/2021	12/05/2022	23/05/2022	French	PDF
Abridged model	31/12/2020	01/06/2021	10/06/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	29/06/2020	French	PDF
Abridged model	31/12/2018	19/06/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	29/06/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	20/07/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	19/06/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	08/03/2013	26/03/2013	French	PDF
Abridged model	31/12/2011	30/05/2012	25/07/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	30/06/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	20/08/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	30/07/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	30/06/2008	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

2 active · 37 ended

Active mandates

Jean RUTTEN

Managing director · since 02 juin 2021 · until 02 juin 2027

Active

Stéphane SCHLECK

Managing director · since 02 juin 2021 · until 02 juin 2027

Active

Ended mandates

Nathalie RUTTEN

Director · since 02 juin 2021 · until 01 octobre 2024

Ended

Nathalie RUTTEN

Director · since 02 juin 2021 · until 02 juin 2027

Ended

Jean RUTTEN

Managing director · since 25 avril 2019 · until 02 juin 2025

Ended

Nathalie RUTTEN

Director · since 25 avril 2019 · until 02 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/12/2024
DEMISSIONS, NOMINATIONS
PDF
Other18/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET
PDF
Mandates17/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates29/05/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates28/06/2017
DEMISSIONS, NOMINATIONS
PDF
Other28/12/2011
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Mandates12/12/2011
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates05/12/2011
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 20251,4 M €↓
2024
Annual accounts 20241,8 M €↓
2023
Annual accounts 20235,3 M €↑
2022
Annual accounts 20223,3 M €↑
2021
Annual accounts 20212,6 M €↑
2020
Annual accounts 2020287,2 k €↓
2019
Annual accounts 2019843,2 k €↑
2018
Annual accounts 2018142,2 k €↑
2017
Annual accounts 2017-246,9 k €↓
2016
Annual accounts 201648,1 k €↑
2015
Annual accounts 201514,6 k €↓
2014
Annual accounts 2014201,3 k €↓
2013
Annual accounts 2013235 k €↓
2012
Annual accounts 2012454,6 k €↑
2011
Annual accounts 2011-101,7 k €↑
2010
Annual accounts 2010-299,5 k €↓
2009
Annual accounts 2009-246 k €↓
2008
Annual accounts 2008-120,7 k €↓
2007
Annual accounts 2007-22 k €
15/11/2006
IncorporationPublic limited company

ENERGIE-FLEUVES

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