ACTIVE

EMISSIONS ZERO

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Financial year 2025 · closed on 31/12/2025
Net result
102,5 k €
-66.3% YoY
Gross margin
97,5 k €
+199.8% YoY
Equity
7,9 M €
+12.0% YoY

What does EMISSIONS ZERO do?

EMISSIONS ZERO is a Cooperative society incorporated in 2007. Its main activity is: Production of electricity. Its registered office is in Namur.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0888.239.292
Incorporation
26/03/2007
Legal form
Cooperative society
Registered office
Rue Nanon 98
5000 Namur · WallonieSee on map
Contributed capital
7 184 060,00 €
Latest accounts
31/12/2025
Activities (NACE)
35110Production of electricity· main35110Production of electricity35120Transmission of electricity40110Production d'électricité35140Trade of electricity35150Electric power generation, transmission and distribution+4
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin97,5 k €-97,7 k €17,7 k €40,3 k €37 k €126,1 k €24,8 k €8,1 k €-24,3 k €-48,4 k €-51,1 k €-23 k €-40,4 k €-52,3 k €-63,8 k €-10,7 k €-4,2 k €-1,3 k €–
EBITDA32,3 k €-139,5 k €-38,3 k €22,7 k €36,1 k €125,3 k €24 k €7,2 k €-25,3 k €-49,4 k €-56,1 k €-33,8 k €-42,6 k €-66,3 k €-83,1 k €-10,7 k €-4,5 k €-2,2 k €0 €
Operating result-131,9 k €-257,7 k €-144,9 k €-83,6 k €-70,1 k €36,1 k €-56,3 k €-42,8 k €-64,4 k €-51,2 k €-58,1 k €-34 k €-43,2 k €-67 k €-83,9 k €-10,9 k €-4,7 k €-2,3 k €-120 €
Net result102,5 k €303,9 k €229,5 k €47 k €267,5 k €315 k €62,6 k €2,2 k €50,1 k €288,3 k €291,2 k €127 k €286,9 k €-31,7 k €-70,5 k €-10,5 k €-170,5 €654,5 €-27,6 €
Balance sheet
Equity7,9 M €7,1 M €6,8 M €6,6 M €4,9 M €4,6 M €4,3 M €4,1 M €3,1 M €2,9 M €2,5 M €2,2 M €2,2 M €2,1 M €2,1 M €1,5 M €1 M €290,5 k €28,3 k €
Total assets8,8 M €8,6 M €7,7 M €7,6 M €5,9 M €5,3 M €5 M €4,5 M €3,5 M €3 M €2,6 M €2,5 M €2,5 M €2,3 M €2,2 M €1,6 M €1 M €294,3 k €28,9 k €
Cash831,4 k €923 k €410,6 k €950,5 k €558,5 k €562,9 k €277,7 k €81,2 k €88,7 k €124,7 k €7,8 k €107,7 k €24,6 k €73,6 k €96,9 k €306,2 k €137,4 k €26,8 k €–
Debts880,5 k €1,5 M €906,2 k €992,5 k €1 M €630,5 k €633,1 k €384,1 k €390,4 k €75,9 k €114,3 k €253,3 k €244,8 k €126,1 k €78,3 k €45,6 k €254 €3,8 k €624,2 €
Other
Workforce–––––––––––0,0 ETP0,0 ETP0,9 ETP0,9 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 69 ended

Active mandates

Alain KISIEL

Mandate

Active
GAETAN SCHWARZBAUM

Mandate

Active
Lucas GOSSIAUX

Mandate

Active
Michel MAHIAT

Mandate

Active
THIERRY LAUREYS

Mandate

Active

Ended mandates

Claudine BAUDEAUX

Director · since 30 mars 2019 · until 03 février 2020

Ended
Marc INSTALLE

Director · since 25 mars 2018 · until 24 mars 2022

Ended
Jean PILLIEZ

Director · since 13 octobre 2017 · until 12 octobre 2021

Ended
Joseph FRANCOIS

Director · since 13 octobre 2017 · until 12 octobre 2021

Ended
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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 date17/06/202611/06/202511/06/202407/06/202325/08/202215/06/2021
General meeting30/05/202617/05/202525/05/202420/05/202327/07/202203/04/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/05/202617/06/2026FrenchPDF
Abridged model31/12/202417/05/202511/06/2025FrenchPDF
Abridged model31/12/202325/05/202411/06/2024FrenchPDF
Abridged model31/12/202220/05/202307/06/2023FrenchPDF
Abridged model31/12/202127/07/202225/08/2022FrenchPDF
Abridged model31/12/202003/04/202115/06/2021FrenchPDF
Abridged model31/12/201929/08/202008/09/2020FrenchPDF
Abridged model31/12/201830/03/201918/06/2019FrenchPDF
Abridged model31/12/201724/03/201809/07/2018FrenchPDF
Abridged model31/12/201625/03/201729/06/2017FrenchPDF
Abridged model31/12/201516/04/201608/07/2016FrenchPDF
Abridged model31/12/201431/05/201517/06/2015FrenchPDF
Abridged model31/12/201315/06/201425/07/2014FrenchPDF
Abridged model31/12/201222/06/201319/08/2013FrenchPDF
Abridged model31/12/201106/05/201224/08/2012FrenchPDF
Abridged model31/12/201027/03/201115/06/2011FrenchPDF
Abridged model31/12/200909/05/201016/08/2010FrenchPDF
Abridged model31/12/200802/03/200917/06/2009FrenchPDF
Abridged model31/12/200728/06/200829/09/2008FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

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 · 5 active · 69 ended

Active mandates

Alain KISIEL

Mandate

Active
GAETAN SCHWARZBAUM

Mandate

Active
Lucas GOSSIAUX

Mandate

Active
Michel MAHIAT

Mandate

Active
THIERRY LAUREYS

Mandate

Active

Ended mandates

Claudine BAUDEAUX

Director · since 30 mars 2019 · until 03 février 2020

Ended
Marc INSTALLE

Director · since 25 mars 2018 · until 24 mars 2022

Ended
Jean PILLIEZ

Director · since 13 octobre 2017 · until 12 octobre 2021

Ended
Joseph FRANCOIS

Director · since 13 octobre 2017 · until 12 octobre 2021

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/11/2025
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other08/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - OBJET - ASSEMBLEE GENERALE
    PDF
  • Mandates28/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/11/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/05/2019
    DEMISSIONS, NOMINATIONS
    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 2025102,5 k €↓
  2. 2024
    Annual accounts 2024303,9 k €↑
  3. 2023
    Annual accounts 2023229,5 k €↑
  4. 2022
    Annual accounts 202247 k €↓
  5. 2021
    Annual accounts 2021267,5 k €↓
  6. 2020
    Annual accounts 2020315 k €↑
  7. 2019
    Annual accounts 201962,6 k €↑
  8. 2018
    Annual accounts 20182,2 k €↓
  9. 2017
    Annual accounts 201750,1 k €↓
  10. 2016
    Annual accounts 2016288,3 k €↓
  11. 2015
    Annual accounts 2015291,2 k €↑
  12. 2014
    Annual accounts 2014127 k €↓
  13. 2013
    Annual accounts 2013286,9 k €↑
  14. 2012
    Annual accounts 2012-31,7 k €↑
  15. 2011
    Annual accounts 2011-70,5 k €↓
  16. 2010
    Annual accounts 2010-10,5 k €↓
  17. 2009
    Annual accounts 2009-170,5 €↓
  18. 2008
    Annual accounts 2008654,5 €↑
  19. 2007
    Annual accounts 2007-27,6 €
  20. 26/03/2007
    IncorporationCooperative society