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Elia Group

Active Risk: not assessed
Public limited companyfounded 2001active for 24 yearsKeizerslaan 20, 1000 Brussel, BelgiumKBO/BCE: BE 0476.388.378
Summary

Elia Group is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.05bn and a net result of €174.9m. Equity is growing by about 8.1% per year across the filed financial years. Its solvency ranks better than 59% of 3,018 sector peers (NACE 64, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.

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Elia GroupActive
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Overview

Activity
Activities of holding companies
NACE 64210Electricity, gas, steam and air conditioning supply NACE 35130
3rd largest company by equity in Brussels, Finance and insurance sector14 sites
Size
€7.15bntotal assets 2025
Staff
9.3 FTE
Equity
€5.05bn
Profit
€174.9m
Standalone figures, without subsidiaries
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Largest shareholder
NextGrid Holding · 44.75%
Board
16 members
Holdings
5
Auditor: BDO Réviseurs d'Entreprises SRL2025 accounts 58 days early
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
58 days early
2024
41 days early
2023
37 days early
2022
47 days early
2021
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 44 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Geert Versnick, Pieter De Crem…Appointments: Christophe Peeters, Joachim Coens…
  2. Annual accounts filedfinancial year 2025 · consolidated
  3. Amendment of the articles · MiscellaneousAuthorised capital

Key points

  • Positive: Equity rose in 2025from €2.90bn to €5.05bn ▲ 74.5% View
  • Positive: Among the best 5% on net resultsector median €105,081 · 3,020 companies €174.9m View
  • Board changedlatest change 08-10-2026 · 16 in office 12 joined · 10 left View
  • Heads a groupcompanies controlled 16 View
  • Positive: 8 profitable years in a rowprofit 2025: €174.9m 8 years View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • EU research moneyEU contribution €1.5m View

By topic

Financials

Financial year
2025
Total assets
€7.15bn
Profit
€174.9m
Solvency
70.7%
Turnover▼ 99.6%
Net result
20182023
Go to Financials

Board & ownership

Board
16 members
Largest shareholder
NextGrid Holding · 44.75%
Auditor
BDO Réviseurs d'Entreprises SRL
  • Dominique OffergeldDirector
  • INTERFINDirector
  • Bernard THIRYDirector
  • Eddy VermoesenDirector
  • Christophe PeetersDirector

and 11 other directors

Go to Board & ownership

Network & group

Subsidiaries, all levels
16
Direct holdings
5
Connected companies
218

16 subsidiaries

Go to Network & group

Timeline

Events
153
Since
2003
Next accounts
by 31-07-2027
  1. 03-06-2026Annual accounts filed
  2. 08-05-2026Resignation: Frank Donck (director)
  3. 29-04-2026Capital & shares
Go to Timeline

Company details

Sites
14
Legal form
Public limited company
Activity
Activities of holding companiesNACE 64210
Founded
21-12-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
23
Annual meeting
Third Tuesday of May at 10:00
Purpose
“L'exploitation, l'entretien et le développement, dans des conditions économiquement…” (deed in French)
Go to Articles of association

Key facts about Elia Group

What is the company number of Elia Group?
0476.388.378. In Belgium the VAT number is the company number with BE in front: BE 0476.388.378.
Where is Elia Group based?
The registered office is at Keizerslaan 20, 1000 Brussel.Company details
What does Elia Group do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of Elia Group?
Public limited company (NV).
When was Elia Group founded?
On 21-12-2001.
Is Elia Group still active?
Yes, Elia Group is an active enterprise in the KBO register.
How many employees does Elia Group have?
On average 9.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Elia Group?
€2.9m in financial year 2023, according to the filed annual accounts.
Is Elia Group profitable?
In financial year 2025, Elia Group made a profit of €174.9m.
Where can I find the annual accounts of Elia Group?
Elia Group filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Elia Group due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to Elia Group

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies Which other companies belong to the same group?Elia Group · 11 companies

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