3E
ActiveSummary
The annual accounts of 3E for fiscal year 2025 show a net loss of 1,043% of the equity at the start of that year. The 2025 annual accounts show equity of €2.09M and a net result of €-4.32M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 728 sector peers (fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency38▲+10
Growth52▲+15
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.84 against 0.72 in 2024; short-term debt: 52.4% and cash: 6.1% of total assets), and 86.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.3%
Return on assets
-27.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 728 sector peers (2025).
NBB · sector comparisonPosition among 728 sector peers
Solvency
better than 19%
← weakest
strongest →
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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
72 d early
2023
on the day
2022
68 d early
2021
81 d early
2020
75 d early
2019
66 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€12.98M▲ 15.8%
2024 · €11.21M
2018: €9.06M
2019: €9.09M
2020: €8.06M
2021: €9.30M
2022: €9.28M
2023: €10.85M
2024: €11.21M
2018 → 2025
EBIT margin
-31.6%▲ 12.3pp
2024 · -43.9%
2018: 2.2%
2019: 15.5%
2020: 1.6%
2021: -0.2%
2022: -27.8%
2023: -30.6%
2024: -43.9%
2018 → 2025
Net result
€-4.32M▲ 3.8%
2024 · €-4.49M
2018: €45k
2019: €64k
2020: €-89k
2021: €-144k
2022: €2.04M
2023: €-3.45M
2024: €-4.49M
2018 → 2025
Working capital
€-1.30M▲ 43.9%
2024 · €-2.32M
2018: €1.01M
2019: €727k
2020: €-227k
2021: €-1.16M
2022: €-953k
2023: €-4.89M
2024: €-2.32M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9.30M-€9.28M▼ 0.1%€10.85M▲ 16.9%€11.21M▲ 3.3%€12.98M▲ 15.8%
Equity€1.20M-€3.36M▲ 180%€-96k€414k€2.09M▲ 406%
Operating result€-20k-€-2.58M▼ 12,865%€-3.32M▼ 28.8%€-4.92M▼ 48.3%€-4.10M▲ 16.6%
Net result€-144k-€2.04M€-3.45M€-4.49M▼ 30.1%€-4.32M▲ 3.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4.10M in 2025 against €4.92M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.76M
Fixed assets
€8.79M ▲ 8.2%
Current assets
€6.97M ▲ 18.4%
Equity and liabilities €15.76M
Equity
€2.09M ▲ 406%
Debt
€13.67M ▲ 0.5%
Debt's share of the balance-sheet total falls from 97.0% to 86.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-1.61M▲
2024 · €-2.81M
Cash flow
€-1.82M▲
2024 · €-2.38M
Current ratio
0.84▲
2024 · 0.72
Quick ratio
0.72▲
2024 · 0.57
Debt to equity
6.52▼
2024 · 32.85
ROE
-206.2%
ROA
-27.4%▲
2024 · -32.0%
Interest coverage
-3.00▲
2024 · -6.42
Debt ≤ 1 year
€8.27M▲
2024 · €8.20M
Debt > 1 year
€4.22M▲
2024 · €4.20M
Income taxes
€-71k▼
2024 · €-69k
Staff costs
€7.39M▲
2024 · €7.24M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 85 lines
Balance sheet
Code20242025
Assets
Total assets20/58€14.01M€15.76M▲
Fixed assets21/28€8.13M€8.79M▲
Intangible fixed assets21€6.29M€7.01M▲
Tangible fixed assets22/27€540k€482k▼
Plant, machinery and equipment23€399k€376k▼
Furniture and vehicles24€57k€38k▼
Other tangible fixed assets26€84k€69k▼
Financial fixed assets28€1.30M€1.31M▲
Affiliated companies280/1€1.30M€1.30M=
Participating interests280€1.30M€1.30M=
Other financial fixed assets284/8€6k€11k▲
Amounts receivable and cash guarantees285/8€6k€11k▲
Current assets29/58€5.88M€6.97M▲
Stocks and contracts in progress3€1.23M€1.03M▼
Stocks30/36€10k€0▼
Goods purchased for resale34€10k€0▼
Contracts in progress37€1.22M€1.03M▼
Amounts receivable within one year40/41€3.91M€4.73M▲
Trade receivables40€2.84M€2.54M▼
Other amounts receivable41€1.07M€2.19M▲
Cash at bank and in hand54/58€526k€958k▲
Deferred charges and accrued income490/1€223k€243k▲
Equity and liabilities
Total equity and liabilities10/49€14.01M€15.76M▲
Equity10/15€414k€2.09M▲
Contributions10/11€393k€2.37M▲
Capital10€393k€2.37M▲
Issued capital100€393k€2.37M▲
Reserves13€135k€135k=
Non-distributable reserves130/1€135k€135k=
Legal reserve130€135k€135k=
Profit (loss) carried forward14€-113k€-407k▼
Amounts payable17/49€13.60M€13.67M▲
Amounts payable after more than one year17€4.20M€4.22M▲
Financial debts170/4€4.20M€4.22M▲
Subordinated loans170€3.91M€3.96M▲
Credit institutions173€294k€259k▼
Amounts payable within one year42/48€8.20M€8.27M▲
Current portion of amounts payable after more than one year42€441k€220k▼
Financial debts43€3.58M€3.46M▼
Credit institutions430/8€3.58M€3.46M▼
Trade debts44€2.33M€2.11M▼
Suppliers440/4€2.33M€2.11M▼
Advances received on contracts in progress46€419k€886k▲
Taxes, remuneration and social security45€1.31M€1.38M▲
Taxes450/3€152k€150k▼
Remuneration and social security454/9€1.15M€1.23M▲
Other amounts payable47/48€117k€207k▲
Accrued charges and deferred income492/3€1.20M€1.18M▼
Income statement
Code20242025
Operating income70/76A€13.57M€15.39M▲
Turnover70€11.21M€12.98M▲
Change in stocks of work in progress, finished goods and contracts in progress71€240k€-184k▼
Own construction capitalised72€1.80M€2.09M▲
Other operating income74€325k€490k▲
Non-recurring operating income76A-€13k
Operating charges60/66A€18.49M€19.49M▲
Goods for resale, raw materials and consumables60€1.78M€2.13M▲
Purchases600/8€1.77M€2.12M▲
Change in stocks: decrease (increase)609€8k€10k▲
Services and other goods61€7.05M€7.21M▲
Remuneration, social security and pensions62€7.24M€7.39M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.11M€2.50M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€170k
Other operating charges640/8€144k€85k▼
Non-recurring operating charges66A€159k-
Operating profit (loss)9901€-4.92M€-4.10M▲
Financial income75/76B€829k€366k▼
Recurring financial income75€829k€366k▼
Income from current assets751€801k€357k▼
Other financial income752/9€29k€10k▼
Financial charges65/66B€467k€655k▲
Recurring financial charges65€467k€655k▲
Debt charges650€437k€535k▲
Other financial charges652/9€30k€120k▲
Profit (loss) for the period before taxes9903€-4.56M€-4.39M▲
Income taxes67/77€-69k€-71k▼
Taxes670/3€682-
Tax adjustments and reversals of tax provisions77€70k€71k▲
Profit (loss) for the period9904€-4.49M€-4.32M▲
Profit (loss) for the period to be appropriated9905€-4.49M€-4.32M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6.13M€-4.43M▲
Profit (loss) brought forward from the previous period14P€-1.64M€-113k▲
Transfer from equity791/2€6.01M€4.03M▼
From contributions791€5.96M€4.03M▼
From reserves792€58k-
Social balance
Average headcount (FTE)908782.478.3▼
The notes to these accounts (79 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-06
State Gazette act
Capital & sharesCapital increase · Capital · Statutes amendment6 facts ▸
State Gazette act
Capital & shares
Capital increase · Capital · Statutes amendment6 facts ▸
- General meeting, 16-06-2026
- Capital increase, €3.757,86
- Capital increase, €96.229,68
- Capital, €2.466.639,69
- Statutes amendment
- Power of attorney, Cambrian
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
22-01
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital decrease · Capital9 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital decrease · Capital9 facts ▸
- General meeting, 18-12-2025
- Capital increase, €41.070,04
- Capital increase, €5.958.889,44
- Capital decrease, €3.789.327,39
- Capital decrease, €236.665,21
- Capital, €2.366.652,15
- Statutes amendment
- Power of attorney, Twee (2) bestuurders
- Appointment, Commissaris voor inbreng in natura, aangesteld bij opdrachtbrief van 26 november 2025, verslag opgesteld overeenkomstig artikel 7:179 WVV juncto artikel 7:197 W…
2025
31-12
Financial
Equity above €2MEq €2.09M ▲406%
Equity rises from €414k to €2.09M.
20-10
State Gazette act
Reappointment: EY Bedrijfsrevisoren (statutory auditor)Permanent representative: Werner Koninckx3 facts ▸
State Gazette act
Reappointment: EY Bedrijfsrevisoren (statutory auditor)
Permanent representative: Werner Koninckx3 facts ▸
- General meeting, 23-06-2025
- Auditor reappointment, EY Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Werner Koninckx
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-4.49M
Net result drops to €-4.49M, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €414k
Equity rises from €-96k to €414k.
06-08
State Gazette act
Resignation: Sanjeeva ADDALA (director)Appointment: Vikash JAIN (director) · Permanent representatives: PALMERS Geert, KONINCKX Werner and KELCHTERMANS Ludo · Capital increase15 facts ▸
State Gazette act
Resignation: Sanjeeva ADDALA (director)
Appointment: Vikash JAIN (director) · Permanent representatives: PALMERS Geert, KONINCKX Werner and KELCHTERMANS Ludo · Capital increase15 facts ▸
- General meeting, 31-07-2024
- Capital increase, €77.797,46
- Capital increase, €2.922.177,52
- Capital decrease, €1.637.172,62
- Director resignation, Sanjeeva ADDALA (director)
- Director appointment, Vikash JAIN (director)
- Board composition, GEERT PALMERS (director)
- Permanent representative, PALMERS Geert
- Board composition, KAPUR Vikram (director)
- Board composition, KATHURIA Nikunj (director)
- Board composition, WERNER KONINCKX (director)
- Permanent representative, KONINCKX Werner
- +3 further facts in this act
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €2.04M
Net result €2.04M after 2 loss-making years.
Show earlier events
31-12
Financial
Equity above €2MEq €3.36M ▲180%
Equity rises from €1.20M to €3.36M.
20-12
State Gazette act
Resignations: COPPYE, Werner Jozef Antoon, DEWILDE, Luc and 3 othersAppointments: GEERT PALMERS, ADDALA Sanjeeva Ram and 2 others · Permanent representatives: PALMERS, Geert Emile Victor Jozef, KONINCKX, Werner Elisabeth Jozef and KELCHTERMANS, Ludo Erik · Statutes amendment26 facts ▸
State Gazette act
Resignations: COPPYE, Werner Jozef Antoon, DEWILDE, Luc and 3 others
Appointments: GEERT PALMERS, ADDALA Sanjeeva Ram and 2 others · Permanent representatives: PALMERS, Geert Emile Victor Jozef, KONINCKX, Werner Elisabeth Jozef and KELCHTERMANS, Ludo Erik · Statutes amendment26 facts ▸
- Statutes amendment
- Capital decrease, €4.641,56
- Share cancellation, 6028
- Statutes amendment
- Director resignation, COPPYE, Werner Jozef Antoon (director)
- Director resignation, DEWILDE, Luc (director)
- Director resignation, PALMERS, Geert Emile Victor Jozef (director)
- Director resignation, DE GHESELLE, Luc (director)
- Director resignation, COLRUYT, Piet André Maria (director)
- Director appointment, GEERT PALMERS (director)
- Permanent representative, PALMERS, Geert Emile Victor Jozef
- Director appointment, ADDALA Sanjeeva Ram (director)
- +14 further facts in this act
09-08
State Gazette act
Appointment: Stefaan Goossens (day-to-day manager)2 facts ▸
State Gazette act
Appointment: Stefaan Goossens (day-to-day manager)
2 facts ▸
- Board meeting, 02-09-2021
- Director appointment, Stefaan Goossens (day-to-day manager)
09-08
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
- General meeting, 09-05-2022
- Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-07
State Gazette act
Reappointments: Werner Coppye, Luc Dewilde and 3 othersAppointments: Werner Koninckx BV (director) and Nutsbedrijven Houdstermaatschappij CVBA (director) · Permanent representatives: Werner Koninckx and Ludo Kelchtermans11 facts ▸
State Gazette act
Reappointments: Werner Coppye, Luc Dewilde and 3 others
Appointments: Werner Koninckx BV (director) and Nutsbedrijven Houdstermaatschappij CVBA (director) · Permanent representatives: Werner Koninckx and Ludo Kelchtermans11 facts ▸
- General meeting, 10-05-2021
- General meeting, 29-06-2021
- Director reappointment, Werner Coppye (director)
- Director reappointment, Luc Dewilde (director)
- Director reappointment, Geert Palmers (director)
- Director reappointment, Luc De Gheselle (director)
- Director reappointment, Piet Colruyt (director)
- Director appointment, Werner Koninckx BV (director)
- Permanent representative, Werner Koninckx
- Director appointment, Nutsbedrijven Houdstermaatschappij CVBA (director)
- Permanent representative, Ludo Kelchtermans
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
08-02
State Gazette act
Capital & shares · MiscellaneousShare conversion · Share issue2 facts ▸
State Gazette act
Capital & shares · Miscellaneous
Share conversion · Share issue2 facts ▸
- Share conversion, Conversion of share classes, 27125
- Share issue, inschrijvingsrechten, 30338
2020
14-08
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Bank account · Capital6 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Bank account · Capital6 facts ▸
- General meeting, 28/07/2020
- Capital increase, €33.413,34
- Bank account, BE47 0018 8426 2180
- Capital increase, €366.585,36
- Capital, €1.235.334,95
- Statutes amendment
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €1MEq €1.03M ▲6.6%
2 profitable years in a row build equity to €1.03M.
12-11
State Gazette act
Appointment: Ernst & Young! Bedrijfsrevisoren BCVBA (statutory auditor)2 facts ▸
State Gazette act
Appointment: Ernst & Young! Bedrijfsrevisoren BCVBA (statutory auditor)
2 facts ▸
- General meeting, 13-05-2019
- Auditor appointment, Ernst & Young! Bedrijfsrevisoren BCVBA (statutory auditor)
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
05-08
State Gazette act
Appointments: Ernst & Young Bedrijfsrevisoren BCVBA, Elanti BVBA and 2 othersPermanent representative: Werner Koninckx · Power of attorney8 facts ▸
State Gazette act
Appointments: Ernst & Young Bedrijfsrevisoren BCVBA, Elanti BVBA and 2 others
Permanent representative: Werner Koninckx · Power of attorney8 facts ▸
- General meeting, 09-05-2016
- Board meeting, 26-04-2016
- Auditor appointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
- Director appointment, Elanti BVBA (chair of the board)
- Permanent representative, Werner Koninckx
- Director appointment, Geert Palmers (managing director)
- Director appointment, Werner Coppye (managing director)
- Power of attorney, Luc De Gheselle
18-03
State Gazette act
Reappointments: Elanti BVBA, Geert Palmers and 5 othersPermanent representatives: Werner Koninckx and Ludo Kelchtermans10 facts ▸
State Gazette act
Reappointments: Elanti BVBA, Geert Palmers and 5 others
Permanent representatives: Werner Koninckx and Ludo Kelchtermans10 facts ▸
- General meeting, 11-05-2015
- Director reappointment, Elanti BVBA (class A director)
- Permanent representative, Werner Koninckx
- Director reappointment, Geert Palmers (class A director)
- Director reappointment, Werner Coppye (class A director)
- Director reappointment, Luc De Gheselle (class A director)
- Director reappointment, Luc Dewilde (class A director)
- Director reappointment, Piet Colruyt (bestuurder categorie c)
- Director reappointment, Nutsbedrijven Houdstermaatschappij NV (bestuurder categorie d)
- Permanent representative, Ludo Kelchtermans
2015
22-01
State Gazette act
Capital & sharesCapital decrease · Capital · Statutes amendment5 facts ▸
State Gazette act
Capital & shares
Capital decrease · Capital · Statutes amendment5 facts ▸
- General meeting, 23-12-2014
- Capital decrease, €6.709.202,62
- Capital decrease, €83.533,63
- Capital, €835.336,25
- Statutes amendment
2014
02-07
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 22-04-2014
- Registered-office move, Kalkkaai 6, B-1000 Brussel
01-04
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)Resignation: Werner Koninckx BVBA (director) · Appointment: ELANTI BVBA (director) · Director discharge6 facts ▸
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
Resignation: Werner Koninckx BVBA (director) · Appointment: ELANTI BVBA (director) · Director discharge6 facts ▸
- General meeting, 20-02-2014
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA
- Director resignation, Werner Koninckx BVBA (director)
- Director discharge, Werner Koninckx BVBA
- Director appointment, ELANTI BVBA (director)
- Mandate compensation, ELANTI BVBA
2013
05-02
State Gazette act
Permanent representative: Ludo Kelchtermans2 facts ▸
State Gazette act
Permanent representative: Ludo Kelchtermans
2 facts ▸
- Board meeting, 02-10-2012
- Permanent representative, Ludo Kelchtermans
2012
05-11
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Bank account · Capital7 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Bank account · Capital7 facts ▸
- General meeting, 16-10-2012
- Capital increase, €525.092,94
- Bank account, BNP Paribas Fortis, 001-6800268-62
- Capital increase, €1.974.907,06
- Capital, €7.628.072,5
- Statutes amendment
- Share profit participation, 142560, C
2011
04-03
State Gazette act
Appointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)2 facts ▸
State Gazette act
Appointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
2 facts ▸
- General meeting, 14-12-2010
- Auditor appointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
2010
06-10
State Gazette act
Appointment: Nutsbedrijven Houdstermaatschappij (director)Permanent representative: Jo Geebelen · Capital increase · Bank account9 facts ▸
State Gazette act
Appointment: Nutsbedrijven Houdstermaatschappij (director)
Permanent representative: Jo Geebelen · Capital increase · Bank account9 facts ▸
- General meeting, 09-09-2010
- Capital increase, €14.256
- Bank account, BNP Paribas: Fortis, BE73 0016 2069 1760
- Capital increase, €4.988.848
- Capital, €5.128.072,5
- Statutes amendment
- Director appointment, Nutsbedrijven Houdstermaatschappij (director)
- Permanent representative, Jo Geebelen
- Mandate compensation, Nutsbedrijven Houdstermaatschappij
14-05
State Gazette act
Appointments: Werner Koninckx BVBA, Geert Palmers and Werner CoppyePermanent representative: Werner Koninckx · Power of attorney · Mandate condition9 facts ▸
State Gazette act
Appointments: Werner Koninckx BVBA, Geert Palmers and Werner Coppye
Permanent representative: Werner Koninckx · Power of attorney · Mandate condition9 facts ▸
- Board meeting, 16-04-2010
- Director appointment, Werner Koninckx BVBA (chair)
- Permanent representative, Werner Koninckx
- Director appointment, Geert Palmers (managing director)
- Director appointment, Werner Coppye (managing director)
- Power of attorney, Inge Stiers
- Power of attorney, Allen & Overy LLP
- Mandate condition, De mandaat als gedelegeerd bestuurder eindigt bij de beëindiging van het mandaat als bestuurder
- Mandate condition, De mandaat als gedelegeerd bestuurder eindigt bij de beëindiging van het mandaat als bestuurder
10-05
State Gazette act
Resignation: Werner Koninckx (director)Appointments: Geert Palmers, Werner Coppye and 4 others · Permanent representative: Werner Koninckx · Capital increase17 facts ▸
State Gazette act
Resignation: Werner Koninckx (director)
Appointments: Geert Palmers, Werner Coppye and 4 others · Permanent representative: Werner Koninckx · Capital increase17 facts ▸
- General meeting, 16-04-2010
- Capital increase, €14.256
- Capital, €124.968,5
- Bank account, 001-6100712-70
- Statutes amendment
- Director resignation, Werner Koninckx (director)
- Director discharge, Werner Koninckx
- Director appointment, Geert Palmers (director)
- Director appointment, Werner Coppye (director)
- Director appointment, Luc De Gheselle (director)
- Director appointment, Luc Dewilde (director)
- Director appointment, Werner Koninckx (director)
- +5 further facts in this act
2007
20-08
State Gazette act
Resignations: Adranus van Wijk (director) and Dirk Berkhout (director)Appointments: Luc De Gheselle (director) and Werner Koninckx (director)5 facts ▸
State Gazette act
Resignations: Adranus van Wijk (director) and Dirk Berkhout (director)
Appointments: Luc De Gheselle (director) and Werner Koninckx (director)5 facts ▸
- General meeting, 29/06/2007
- Director resignation, Adranus van Wijk (director)
- Director resignation, Dirk Berkhout (director)
- Director appointment, Luc De Gheselle (director)
- Director appointment, Werner Koninckx (director)
2004
17-09
State Gazette act
Reappointments: Geert Palmers, Werner Coppye and Adrianus van WajkAppointments: Dirk Berkhout (bestuurder cat.b) and Werner Coppye (voorzitter van de raad bestuur) · Resignation: Kornelis Blok (bestuurder cat.b)7 facts ▸
State Gazette act
Reappointments: Geert Palmers, Werner Coppye and Adrianus van Wajk
Appointments: Dirk Berkhout (bestuurder cat.b) and Werner Coppye (voorzitter van de raad bestuur) · Resignation: Kornelis Blok (bestuurder cat.b)7 facts ▸
- General meeting, 10-05-2004
- Director reappointment, Geert Palmers (bestuurder cat.a)
- Director reappointment, Werner Coppye (bestuurder cat.a)
- Director reappointment, Adrianus van Wajk (bestuurder cat.b)
- Director appointment, Dirk Berkhout (bestuurder cat.b)
- Director resignation, Kornelis Blok (bestuurder cat.b)
- Director appointment, Werner Coppye (voorzitter van de raad bestuur)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 directors, no change since 2024
Vikash JAIN
CurrentDirector · since 31-07-2024
ADDALA Sanjeeva Ram
CurrentDirector · since 14-12-2022
Geert Palmers
CurrentDirector · since 14-12-2022 · Private limited company · perm. rep.: PALMERS, Geert Emile Victor Jozef
KAPUR Vikram
CurrentDirector · since 14-12-2022
KATHURIA Nikunj
CurrentDirector · since 14-12-2022
Stefaan Goossens
CurrentDay-to-day manager · since 02-09-2021
9 other directors
Nutsbedrijven Houdstermaatschappij CVBA
CurrentDirector · since 10-05-2021 · Legal entity · perm. rep.: Ludo Kelchtermans
Werner Koninckx BV
CurrentDirector · since 10-05-2021 · Legal entity · perm. rep.: Werner Koninckx
Geert Palmers
CurrentDirector · since 16-04-2010
Werner Coppye
CurrentDirector · since 10-05-2004
Elanti BVBA
Not recently confirmedClass A director · since 11-05-2015 · Legal entity · perm. rep.: Werner Koninckx
Nutsbedrijven Houdstermaatschappij NV
Not recently confirmedBestuurder categorie d · since 11-05-2015 · Legal entity · perm. rep.: Ludo Kelchtermans
NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ
Not recently confirmedDirector · since 09-09-2010 · Cooperative company · perm. rep.: Jo Geebelen
Werner Koninckx
Not recently confirmedDirector · since 16-04-2010 · Legal entity
Adrianus van Wajk
Not recently confirmedBestuurder cat.b
31-07-2024
Vikash JAIN: Appointed as Director
31-07-2024
Sanjeeva ADDALA: Resigned as Director
14-12-2022
ADDALA Sanjeeva Ram: Appointed as Director
14-12-2022
Geert Palmers: Appointed as Director
14-12-2022
KAPUR Vikram: Appointed as Director
Location & real-estate footprint
Registered office, Brussel · 2 establishment units since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kalkkaai 61000 BrusselGround area
3,826 m²
Building footprint
439 m²
Volume, LiDAR
5,140 m³
2 parcels, Brussels, Wallonia · tallest building 19.3 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
3E
since 20092.190.864.467
3E
since 20122.206.623.306
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25048A0156/00W000 | Wallonia | 3,608 m² | 1 · 283 m² | 16.7 m · 4 fl. |
| 21812N1338/00X000 | Brussels | 219 m² | 1 · 156 m² | 19.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| EY BedrijfsrevisorenCurrent Statutory auditor | 23-06-2025 → present |
Show 2 earlier auditors
| Ernst & Young Bedrijfsrevisoren BCVBA Statutory auditor succeeded by EY Bedrijfsrevisoren BV in 2022 | 14-12-2010 → 09-05-2022 |
| EY Bedrijfsrevisoren BV Statutory auditor succeeded by EY Bedrijfsrevisoren in 2025 | 09-05-2022 → 23-06-2025 |
Articles of association
Purpose
Projectontwikkeling en productontwikkeling, onderzoek en ontwikkeling in de sector van duurzame energie en rationeel energiegebruik, evenals de commercialisering van de ontwikkelde…
Full purpose
Projectontwikkeling en productontwikkeling, onderzoek en ontwikkeling in de sector van duurzame energie en rationeel energiegebruik, evenals de commercialisering van de ontwikkelde producten en projecten; beleidsadvies en studies voor het bedrijfsleven, de overheid en particulieren in de sector van duurzame energie en rationeel energiegebruik; het ontwikkelen, de studie, de import en export, de aan- en verkoop, de distributie, het plaatsen en herstellen van alle soorten energiesystemen...; alle onroerende verrichtingen; alle mogelijke commerciële, industriële, financiële, roerende of onroerende verrichtingen...; de deelneming in alle vennootschappen...; het waarnemen van het mandaat van bestuurder, zaakvoerder, directeur of vereffenaar in andere vennootschappen.
Structure & network
Connections & network
22 connected companiesLinked via shared directors
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Capital and shareholders
Capital over the years
- 22-06-2026 Capital increase of 3,757.86 EUR · to 2,370,410.01 EUR · 3,111 new shares
- 22-06-2026 Capital increase of 96,229.68 EUR · to 2,466,639.69 EUR · from reserves
- 22-01-2026 Capital increase of 41,070.04 EUR · to 433,755.31 EUR · 186,682 new shares · in kind
- 22-01-2026 Capital increase of 5,958,889.44 EUR · to 6,392,644.75 EUR · from reserves
- 22-01-2026 Capital reduction of 3,789,327.39 EUR · to 2,603,317.36 EUR · “aanzuivering van de overgedragen verliezen”
- 22-01-2026 Capital reduction of 236,665.21 EUR · to 2,366,652.15 EUR · to absorb losses
- 06-08-2024 Capital increase of 77,797.46 EUR · to 1,425,762.97 EUR · 93,138 new shares · in kind
- 06-08-2024 Capital increase of 2,922,177.52 EUR · to 4,347,940.49 EUR · from reserves
Show 13 older capital entries
- 06-08-2024 Capital reduction of 1,637,172.62 EUR · to 2,710,767.87 EUR · “aanzuivering van overgedragen verliezen”
- 20-12-2022 Capital reduction of 4,641.56 EUR · to 1,230,693.39 EUR · “verkrijging en vernietiging van 6.028 aandelen”
- 20-12-2022 Capital increase of 18,168.92 EUR · to 1,248,862.31 EUR · 23,596 new shares
- 20-12-2022 Capital increase of 99,103.20 EUR · to 1,347,965.51 EUR · from reserves
- 14-08-2020 Capital increase of 33,413.34 EUR · to 868,749.59 EUR · 61,392 new shares
- 14-08-2020 Capital increase of 366,585.36 EUR · to 1,235,334.95 EUR · no new shares · from reserves
- 22-01-2015 Capital reduction of 6,709,202.62 EUR · to 918,869.88 EUR · “aanzuivering van geleden verliezen”
- 22-01-2015 Capital reduction of 83,533.63 EUR · to 835,336.25 EUR · incorporatie in reserve voor voorzienbare verliezen
- 05-11-2012 Capital increase of 525,092.94 EUR · to 5,653,165.44 EUR · 142,560 new shares · in cash
- 05-11-2012 Capital increase of 1,974,907.06 EUR · to 7,628,072.50 EUR · no new shares · from reserves
- 06-10-2010 Capital increase of 14,256 EUR · to 139,224.50 EUR · 142,560 new shares · in cash
- 06-10-2010 Capital increase of 4,988,848 EUR · to 5,128,072.50 EUR · no new shares · from reserves
- 10-05-2010 Capital increase of 14,256 EUR · to 124,968.50 EUR · 142,560 new shares
Public money · subsidies and aid
Federal government
2023 to 2025 · 4 entries · 1,540,546 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Economie | 2 | 782,878 EUR |
| 2024 | FOD Economie | 1 | 378,834 EUR |
| 2023 | FOD Economie | 1 | 378,834 EUR |
Budget allocations
Toelagen in kader van de oproep tot projecten betreffende de energietransitie.
European Union, budget
2021 to 2025 · 11 entries · 8,274,412 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 5 | 616,175 EUR |
| 2024 | 1 | 305,375 EUR |
| 2023 | 1 | 4,969,528 EUR |
| 2022 | 2 | 290,148 EUR |
| 2021 | 2 | 2,093,187 EUR |
Projects
CONSULTANCY - CLEAN ENERGY FOR EU ISLANDS: 30 RENEWABLE ISLANDS FOR 2030
SECOND PHASE OF THE OPERATION OF THE “CLEAN ENERGY FOR EU ISLANDS SECRETARIAT”
ACTION GRANT
SUPERNOVA - OPERATION AND MAINTENANCE AND GRID FRIENDLY TOOLS AND SOLUTIONS FOR SOLAR DATA FUSION AND INSIGHT EXPLOSION FOR RELIABLE, BANKABLE, CIRCULAR PV PLANTS
SYMBIOSYST - CREATE A SYMBIOSIS WHERE PV AND AGRICULTURE CAN HAVE A MUTUALLY BENEFICIAL RELATIONSHIP
European research
29 projects · 7 as coordinator · 11,115,019 EUR EU contributionProgrammes
Horizon 2020
Seventh Framework Programme
Horizon Europe
Projects
SQ Building – Solving the Trilemma of Comfort, Energy and Operational Costs in Buildings
Designing eTrading Solutions for Electricity Balancing and Redispatching in Europe
Commercialization of a breakthrough wind resource assessment technology for automated planning of bankable wind farms
A Toolbox for Offshore Wind Farm Cluster Design
Tools for Enhanced Photovoltaic System Performance
Show 24 more projects
Interoperable Solutions Connecting Smart Homes, Buildings and Grids
Bankable by Design, Continuous, and Predictive Climate Adaptation Investments with Co-Benefits
Increase Friendly Integration of Reliable PV plants considering different market segments
Bringing down costs of BIPV multifunctional solutions and processes along the value chain, enabling widespread nZEBs implementation
Software for the Optimal Place CAlculation for WIND-farms
Aeroelastic tailoring of a passive wind turbine rotor and validation of design code
Improving the Financeability and Attractiveness of Sustainable Energy Investments in Photovolatics: Quantifying and Managing the Technical Risk for Current and New Business Models
Cyber Physical System based Proactive Collaborative Maintenance
OPERATION AND MAINTENANCE AND GRID FRIENDLY TOOLS AND SOLUTIONS FOR SOLAR DATA FUSION AND INSIGHT EXPLOSION FOR RELIABLE, BANKABLE, CIRCULAR PV PLANTS
Turning Wind Energy Meteorology into System Integration Services for Energy Market Participants
Best practices and implementation of innovative business models for Renewable Energy aggregatorS
Create a Symbiosis where PV and agriculture can have a mutually beneficial relationship
INverter Systems for Power Integration and Resilient Energy Systems
Arrowhead Tools for Engineering of Digitalisation Solutions
ENDORSE (ENergy DOwnstReam SErvices) - Providing energy components for GMES
Actual execution of the Implementation Plan for Photovoltaics and monitoring the Implementation Plan’s delivery
ExcEED – European Energy Efficient buildingdistrict Database: from data to information to knowledge
Towards COast to COast NETworks of marine protected areas ( from the shore to the high and deep sea), coupled with sea-based wind energy potential
Arrowhead
Financing Ambitious Local Climate Objectives
Innovative controls for renewable sources Integration into smart energy systems
Northern Seas Wind Index Database
Pilot Demonstration of Eleven 7MW-Class WEC at Estinnes in Belgium
Metamorphosis of Power Distribution: System Services from Photovoltaics
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 2,294 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
62100Computer programming
72109Other research and development on natural sciences
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.