EnergyVision

Active

Public limited companyfounded 201411 yrs activeKortrijksesteenweg 1071, 9051 Gent, BelgiumKBO/BCE: BE 0563.854.664

Summary

EnergyVision has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134.83M and a net result of €7.33M. Equity is growing by ~59.2% per year across the filed fiscal years. Its solvency ranks better than 77% of 2045 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2025

69 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability68▼-5

Solvency91▲+3

Growth85=

Track record100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2M at 30 days acceptable

Liquidity ample (current ratio 2.36 against 2.22 in 2024; short-term debt: 31.2% and cash: 0.2% of total assets), and 34.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

65.6%

Return on assets

3.6%

Age of the figures

9 mo

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

65 d early

2024

57 d early

2023

54 d early

2022

26 d early

2021

27 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema, statutory accounts

Source amounts without an identifiable currency are assumed to be EUR.

Turnover

€151.91M▲ 85.5%

2024 · €81.91M

2019: €26.78M 2020: €38.53M 2021: €42.12M 2022: €50.31M 2023: €77.25M 2024: €81.91M

2019 → 2025

EBIT margin

7.1%▼ 4.3pp

2024 · 11.4%

2019: 13.7% 2020: 20.9% 2021: 20.1% 2022: 7.9% 2023: 11.1% 2024: 11.4%

2019 → 2025

Net result

€7.33M▲ 82.2%

2024 · €4.02M

2019: €2.20M 2020: €3.46M 2021: €2.79M 2022: €3.34M 2023: €1.28M 2024: €4.02M

2019 → 2025

Working capital

€87.27M▲ 69.4%

2024 · €51.52M

2019: €4.86M 2020: €9.14M 2021: €27.38M 2022: €53.05M 2023: €47.23M 2024: €51.52M

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€42.12M-€50.31M▲ 19.4%€77.25M▲ 53.5%€81.91M▲ 6.0%€151.91M▲ 85.5%

Equity€32.15M-€81.03M▲ 152%€88.00M▲ 8.6%€91.66M▲ 4.2%€134.83M▲ 47.1%

Operating result€8.45M-€3.95M▼ 53.2%€8.57M▲ 117%€9.33M▲ 8.8%€10.75M▲ 15.2%

Net result€2.79M-€3.34M▲ 19.7%€1.28M▼ 61.7%€4.02M▲ 215%€7.33M▲ 82.2%

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 15% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €205.59M

26.4%

73.6%

Fixed assets €54.24M ▲ 4.3%

Current assets €151.35M ▲ 61.3%

Equity and liabilities €205.59M

65.6%

34.4%

Equity €134.83M ▲ 47.1%

Provisions €18k

Debt €70.74M ▲ 30.6%

Debt's share of the balance-sheet total falls from 37.1% to 34.4%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€13.92M▲

2024 · €11.38M

Cash flow

€10.50M▲

2024 · €6.07M

Current ratio

2.36▲

2024 · 2.22

Quick ratio

2.09▲

2024 · 1.99

Debt to equity

0.52▼

2024 · 0.59

ROE

5.4%▲

2024 · 4.4%

ROA

3.6%▲

2024 · 2.8%

Interest coverage

10.67▲

2024 · 6.03

Debt ≤ 1 year

€64.08M▲

2024 · €42.30M

Debt > 1 year

€6.66M▼

2024 · €11.88M

Income taxes

€605k▲

2024 · €-137k

Staff costs

€10.52M▲

2024 · €8.52M

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 · 99 lines

Balance sheet Code20242025

Assets

Total assets20/58€145.84M€205.59M▲

Fixed assets21/28€52.02M€54.24M▲

Intangible fixed assets21€8.48M€11.56M▲

Tangible fixed assets22/27€4.35M€4.78M▲

Land and buildings22€19k€218k▲

Plant, machinery and equipment23€127k€175k▲

Furniture and vehicles24€620k€544k▼

Leasing and similar rights25€3.23M€2.83M▼

Other tangible fixed assets26€292k€708k▲

Assets under construction and advance payments27€58k€302k▲

Financial fixed assets28€39.20M€37.90M▼

Affiliated companies280/1€39.17M€37.81M▼

Participating interests280€39.17M€37.81M▼

Other financial fixed assets284/8€32k€86k▲

Amounts receivable and cash guarantees285/8€32k€86k▲

Current assets29/58€93.82M€151.35M▲

Amounts receivable after more than one year29€42.50M€58.21M▲

Other amounts receivable291€42.50M€58.21M▲

Stocks and contracts in progress3€9.46M€17.10M▲

Stocks30/36€8.13M€6.59M▼

Goods purchased for resale34€8.13M€6.59M▼

Contracts in progress37€1.32M€10.51M▲

Amounts receivable within one year40/41€29.84M€66.89M▲

Trade receivables40€19.52M€38.28M▲

Other amounts receivable41€10.31M€28.61M▲

Current investments50/53€6.13M€6.87M▲

Own shares50€6.13M€6.87M▲

Cash at bank and in hand54/58€1.80M€489k▼

Deferred charges and accrued income490/1€4.09M€1.79M▼

Equity and liabilities

Total equity and liabilities10/49€145.84M€205.59M▲

Equity10/15€91.66M€134.83M▲

Contributions10/11€50.08M€87.20M▲

Capital10€50.08M€54.10M▲

Issued capital100€50.08M€54.10M▲

Outside capital11-€33.11M

Share premium1100/10-€33.11M

Reserves13€41.58M€47.63M▲

Non-distributable reserves130/1€6.81M€7.92M▲

Legal reserve130€684k€1.05M▲

Own shares acquired1312€6.13M€6.87M▲

Tax-exempt reserves132€2.62M€2.62M=

Distributable reserves133€32.15M€37.09M▲

Provisions and deferred taxes16-€18k

Provisions for liabilities and charges160/5-€18k

Other liabilities and charges164/5-€18k

Amounts payable17/49€54.18M€70.74M▲

Amounts payable after more than one year17€11.88M€6.66M▼

Financial debts170/4€7.35M€6.34M▼

Subordinated loans170€5.00M€4.42M▼

Leasing and similar obligations172€2.35M€1.92M▼

Other amounts payable178/9€4.53M€318k▼

Amounts payable within one year42/48€42.30M€64.08M▲

Current portion of amounts payable after more than one year42€862k€1.17M▲

Financial debts43€10.51M-

Credit institutions430/8€10.51M-

Trade debts44€16.21M€34.29M▲

Suppliers440/4€16.21M€34.29M▲

Taxes, remuneration and social security45€2.10M€5.71M▲

Taxes450/3€740k€3.91M▲

Remuneration and social security454/9€1.36M€1.80M▲

Other amounts payable47/48€12.61M€22.92M▲

Income statement Code20242025

Operating income70/76A€83.58M€164.61M▲

Turnover70€81.91M€151.91M▲

Change in stocks of work in progress, finished goods and contracts in progress71€800k€9.19M▲

Own construction capitalised72€441k€1.57M▲

Other operating income74€396k€1.85M▲

Non-recurring operating income76A€30k€81k▲

Operating charges60/66A€74.25M€153.86M▲

Goods for resale, raw materials and consumables60€52.63M€125.18M▲

Purchases600/8€49.58M€123.64M▲

Change in stocks: decrease (increase)609€3.05M€1.54M▼

Services and other goods61€10.44M€14.54M▲

Remuneration, social security and pensions62€8.52M€10.52M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.05M€3.17M▲

Provisions for liabilities and charges: additions (uses and reversals)635/8-€18k

Other operating charges640/8€604k€413k▼

Non-recurring operating charges66A€13k€20k▲

Operating profit (loss)9901€9.33M€10.75M▲

Financial income75/76B€495k€1.03M▲

Recurring financial income75€495k€1.03M▲

Income from current assets751€69k€12k▼

Other financial income752/9€425k€1.02M▲

Financial charges65/66B€5.94M€3.85M▼

Recurring financial charges65€5.94M€3.85M▼

Debt charges650€1.89M€1.30M▼

Other financial charges652/9€4.05M€2.54M▼

Profit (loss) for the period before taxes9903€3.89M€7.93M▲

Income taxes67/77€-137k€605k▲

Taxes670/3€278k€607k▲

Tax adjustments and reversals of tax provisions77€415k€2k▼

Profit (loss) for the period9904€4.02M€7.33M▲

Profit (loss) for the period to be appropriated9905€4.02M€7.33M▲

Appropriation of the result

Profit (loss) to be appropriated9906€4.02M€7.33M▲

Transfer to equity691/2€3.67M€5.85M▲

To the legal reserve6920€201k€366k▲

To other reserves6921€3.46M€5.48M▲

Profit to be distributed694/7€357k€1.48M▲

Employees696€357k€1.48M▲

Social balance

Average headcount (FTE)9087140.4162.7▲

The notes to these accounts (106 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 47Financial 7Gazette 30Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

16-06

State Gazette act Resignation: Michèle Adams (director)

2 facts ▸

Board meeting, 14-05-2026
Director resignation, Michèle Adams (director)

09-06

NBB filing Annual accounts filed

fiscal year 2025 · consolidated

27-05

NBB filing Annual accounts filed

fiscal year 2025 · full schema

05-02

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 04-11-2025
Registered-office move, Kortrijksesteenweg 1071, 9051 Gent

2025

31-12

Financial Highest result since 2019net €7.33M ▲82.2%

Operating result €10.75M, net result €7.33M, both a record.

31-12

Financial Equity above €100MEq €134.83M ▲47.1%

7 profitable years in a row build equity to €134.83M.

04-09

State Gazette act Capital & shares · Statutes amendment

Share issue · Capital increase · Capital7 facts ▸

Share issue, Nieuwe Aandelen, 110000
Capital increase, €96.800
Capital, €54.096.056
Bank account, KBC Bank NV, BE57 7390 2795 8835
Capital premium split, EUR, Kapitaal
Share registration, Nieuwe Aandelen, 110000
Right lapse, Inschrijvingsrecht van Overtoewijzing, maximaal aantal Nieuwe Aandelen uitgegeven

31-07

State Gazette act Resignation: VAN ROMPUY Herman (director)

Reappointments: MICHIELSSENS Maarten Maria G, DECOURT Koen and 6 others · Permanent representatives: BILAL Maqsud Ahmed, MANIGART Sophie Madeleine and 4 others · Appointments: DE WALSCHE Lizz (director) and Pro Fund (independent director)31 facts ▸

General meeting, 16-06-2025
Share issue, 400, splitsing
Capital increase, €3.916.000
Capital, €53.999.256
Statutes amendment
Director resignation, VAN ROMPUY Herman (director)
Director reappointment, MICHIELSSENS Maarten Maria G (director)
Director reappointment, DECOURT Koen (director)
Director reappointment, ADAMS Michèle Sofia Patricia (director)
Director reappointment, BROADWOOD (director)
Permanent representative, BILAL Maqsud Ahmed
Director reappointment, SOPHIE MANIGART (director)
+19 further facts in this act

87.8% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗

05-06

NBB filing Annual accounts filed

fiscal year 2024 · consolidated

04-06

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

18-09

State Gazette act Registered office · Statutes amendment

Registered-office move · Statutes amendment · Branch establishment4 facts ▸

Board meeting, 13-09-2024
Registered-office move, 9051 Gent (Sint-Denijs-Westrem), Bijenstraat 28
Statutes amendment
Branch establishment, 1090 Jette, Laarbeeklaan 74

05-08

State Gazette act Reappointments: Maarten MICHIELSSENS, Koen DECOURT and 6 others

Permanent representatives: Maqsud BILAL, Pieter BOURGEOIS and 2 others13 facts ▸

General meeting, 22-05-2024
Director reappointment, Maarten MICHIELSSENS (director)
Director reappointment, Koen DECOURT (director)
Director reappointment, Michèle ADAMS (director)
Director reappointment, Herman VAN ROMPUY (director)
Director reappointment, BROADWOOD (director)
Permanent representative, Maqsud BILAL
Director reappointment, CRESCEMUS (director)
Permanent representative, Pieter BOURGEOIS
Director reappointment, SOPHIE MANIGART (director)
Permanent representative, Sophie MANIGART
Director reappointment, DEGUSCH (director)
+1 further facts in this act

Show earlier events

01-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

07-06

NBB filing Annual accounts filed

fiscal year 2023 · consolidated

2023

31-12

Financial Weakest financial yearnet €1.28M ▼61.7%

Net result drops to €1.28M, the lowest in the series; recovery starts the following year.

23-08

NBB filing Annual accounts filed

fiscal year 2022 · consolidated

05-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

03-07

State Gazette act Capital & shares · Statutes amendment

Capital increase · Capital · Statutes amendment7 facts ▸

General meeting, 21-06-2023
Capital increase, €440.783,73
Capital increase, €5.558.444,27
Capital, €50.083.256
Statutes amendment
Power of attorney, de bestuurders
Preemption waiver, Alle aandeelhouders, elk individueel, verzaken hun voorkeurrecht tot inschrijving op de nieuwe aandelen

06-02

State Gazette act Appointment: PwC Bedrijfsrevisoren BV (commissaris voor de jaarrekening)

2 facts ▸

General meeting, 16-11-2022
Auditor appointment, PwC Bedrijfsrevisoren BV (commissaris voor de jaarrekening)

2022

31-12

Financial Equity above €50MEq €81.03M ▲152%

4 profitable years in a row build equity to €81.03M.

06-12

NBB filing Annual accounts filed

fiscal year 2021 · consolidated

20-07

State Gazette act Appointment: CVBA VRC Bedrijfsrevisoren (commissaris voor de geconsolideerde jaarrekening)

2 facts ▸

General meeting, 19-11-2021
Auditor appointment, CVBA VRC Bedrijfsrevisoren (commissaris voor de geconsolideerde jaarrekening)

04-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

17-05

State Gazette act Capital & shares · Statutes amendment

Capital increase · Capital · Statutes amendment5 facts ▸

General meeting, 28-04-2022
Capital increase, €136.755,72
Capital increase, €864.908,28
Capital, €44.084.028
Statutes amendment

22-04

State Gazette act Statutes amendment · Restructuring

Merger · Dissolution · Accounting effect11 facts ▸

General meeting, 01-04-2022
Board meeting, 28-01-2022
Merger, absorption, 01-04-2022
Dissolution, 01-04-2022
Accounting effect, 01-01-2022
Capital increase, €18.540
Share issue, new shares, 15889
Capital, €17.580.540
Statutes amendment
Power of attorney
Inbreng in natura, 21626395.00

19-04

State Gazette act Capital & shares · Statutes amendment

Capital increase · Capital · Statutes amendment5 facts ▸

General meeting, 13-04-2022
Capital increase, €1.545.698,25
Capital increase, €23.956.125,75
Capital, €43.082.364
Statutes amendment

18-03

State Gazette act Resignations & appointments

Share issue · Capital increase · Power of attorney7 facts ▸

General meeting, 28-02-2022
Share issue, inschrijvingsrechten, 240
Capital increase
Power of attorney, raad van bestuur
Power of attorney, twee bestuurders, gezamenlijk optredend, met het recht van indeplaatsstelling
Power of attorney, bestuurders
Preemption waiver, alle aandeelhouders, vertegenwoordigd zoals vermeld, elk individueel, artikel 7:188 WVV

17-02

State Gazette act Restructuring · Miscellaneous

Permanent representatives: Maqsud Bilal, Karel De Gucht and 2 others · Appointment: VRC Bedrijfsrevisoren (statutory auditor) · Merger24 facts ▸

Board meeting, 28-01-2022
Merger
Capital, €17.562.000
Capital, €18.600
Board composition, Maarten Michielsens (director)
Board composition, Koen Decourt (director)
Board composition, Michèle Adams (director)
Board composition, Herman Van Rompuy (director)
Board composition, Broadwood BV (director)
Permanent representative, Maqsud Bilal
Board composition, Degusch NV (director)
Permanent representative, Karel De Gucht
+12 further facts in this act

19-01

State Gazette act Resignations: PLUVAR (director) and Hans Goossens (director)

Appointment: Michèle Adams (oprichter bestuurder) · Reappointments: Koen Decourt, Maarten Michielssens and 5 others · Permanent representatives: Maqsud Bilal, Pieter Bourgeois and 3 others24 facts ▸

General meeting, 23.12.1021
Share issue, 1:1000, split
Capital increase, €7.862,22
Capital increase, €17.492.137,78
Capital, €17.562.000
Statutes amendment
Director resignation, PLUVAR (director)
Director resignation, Hans Goossens (director)
Director discharge, PLUVAR
Director discharge, Hans Goossens
Director appointment, Michèle Adams (oprichter bestuurder)
Mandate compensation, Michèle Adams
+12 further facts in this act

2021

31-12

Financial Liquidity triplescurrent ratio 6.33

Current ratio from 2.18 to 6.33; short-term debt falls from €7.72M to €5.14M.

31-12

Financial Equity above €25MEq €32.15M ▲164%

3 profitable years in a row build equity to €32.15M.

10-11

State Gazette act Reappointment: CVBA VRC Bedrijfsrevisoren (statutory auditor)

2 facts ▸

General meeting, 28-05-2021
Auditor reappointment, CVBA VRC Bedrijfsrevisoren (statutory auditor)

30-06

State Gazette act Appointment: Herman Van Rompuy (independent director)

Mandate compensation3 facts ▸

General meeting, 16-06-2021
Director appointment, Herman Van Rompuy (independent director)
Mandate compensation, Herman Van Rompuy

04-05

State Gazette act Resignations: Sam Sabbe BV (independent director) and Milaron BV (independent director)

3 facts ▸

General meeting, 08-02-2021
Director resignation, Sam Sabbe BV (independent director)
Director resignation, Milaron BV (independent director)

22-03

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 19-02-2021
Registered-office move, Laarbeeklaan 74, 1090 Brussel, België

05-03

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 19-02-2021
Registered-office move, Laarbeeklaan 74, 1090 Jette, België

2020

31-12

Financial Equity above €10MEq €12.18M ▲35.6%

2 profitable years in a row build equity to €12.18M.

11-06

State Gazette act Resignation: Pro-Ceed (independent director)

Appointment: Sophie Manigart bv (director)3 facts ▸

General meeting, 27-01-2020
Director resignation, Pro-Ceed (independent director)
Director appointment, Sophie Manigart bv (director)

2019

04-11

State Gazette act Appointment: K-STEEL BVBA (director)

Permanent representatives: Kathleen Steel and Ellen Joncheere · Resignation: SEARCH & CONSULTING BVBA (director)5 facts ▸

General meeting, 02-09-2019
Director appointment, K-STEEL BVBA (director)
Permanent representative, Kathleen Steel
Director resignation, SEARCH & CONSULTING BVBA (director)
Permanent representative, Ellen Joncheere

13-05

State Gazette act Appointments: CRESCEMUS BVBA (director) and SAM SABBE BVBA (director)

Permanent representatives: Pieter Bourgeois and Sam Sabbe5 facts ▸

General meeting, 02-04-2019
Director appointment, CRESCEMUS BVBA (director)
Permanent representative, Pieter Bourgeois
Director appointment, SAM SABBE BVBA (director)
Permanent representative, Sam Sabbe

10-01

State Gazette act Resignation: Maarten Michielssens (manager)

Appointments: Maarten Michielssens, Broadwood and 6 others · Permanent representatives: Bilal Maqsud, Conny Vandendriessche and 3 others · Capital increase29 facts ▸

General meeting, 19-12-2018
Capital increase, €43.400
Capital, €62.000
Net-asset statement, 30-09-2018
Legal-form conversion, naamloze vennootschap
Director resignation, Maarten Michielssens (manager)
Director discharge, Maarten Michielssens (manager)
Director appointment, Maarten Michielssens (executive director)
Director appointment, Broadwood (executive director)
Permanent representative, Bilal Maqsud
Director appointment, Koen Decourt (executive director)
Director appointment, Hans Goossens (independent director)
+17 further facts in this act

2018

30-11

State Gazette act Reappointment: VRC CVBA (statutory auditor)

2 facts ▸

General meeting, 29-06-2018
Auditor reappointment, VRC CVBA (statutory auditor)

2017

19-01

State Gazette act Algemene Vergadering - Boekjaar

Registered-office move · Capital · Statutes amendment6 facts ▸

General meeting, 22-12-2016
Registered-office move, 9051 Sint-Denijs-Westrem, Bijenstraat 28
Capital, €18.600
Statutes amendment
Statutes amendment
Statutes amendment

2016

03-10

State Gazette act Appointment: VRC Bedrijfsrevisoren (statutory auditor)

2 facts ▸

General meeting, 15-09-2016
Auditor appointment, VRC Bedrijfsrevisoren

20-07

State Gazette act Registered office

Registered-office move1 fact ▸

Registered-office move, Bijenstraat 28 9051 Sint-Denijs-Westrem

2015

08-06

State Gazette act Registered office

Registered-office move1 fact ▸

Registered-office move, Derbystraat 113 - 9051 GENT

2014

13-10

State Gazette act Incorporation

Appointment: Maarten Michielssens (statutory manager) · Founding capital · Bank account4 facts ▸

Incorporation, 08-10-2014
Founding capital, €18.600
Bank account, BE35 6451 0351 8637
Director appointment, Maarten Michielssens (statutory manager)

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

16 directors, last change in 2026

DE WALSCHE Lizz

Director · since 16-06-2025

Current

Pro Fund

Independent director · since 16-06-2025 · Legal entity · perm. rep.: VANDENDRIESSCHE Conny Sabine

Current

CRESCEMUS

Director · since 22-05-2024 · Legal entity · perm. rep.: Pieter Bourgeois

Current

DEGUSCH

Director · since 22-05-2024 · Legal entity · perm. rep.: Karel De Gucht

Current

SOPHIE MANIGART

Director · since 22-05-2024 · Legal entity · perm. rep.: MANIGART Sophie Madeleine

Current

BROADWOOD

Director · since 19-12-2018 · Legal entity · perm. rep.: Bilal Maqsud

Current

10 other directors

DECOURT Koen

Director · since 19-12-2018

Current

Maarten Michielssens

Director · since 19-12-2018

Current

ADAMS Michèle Sofia Patricia

Director

Current

Broadwood BV

Oprichter bestuurder · Legal entity · perm. rep.: Maqsud Bilal

Current

Sophie Manigart

Director · since 27-01-2020 · Private limited company

Not recently confirmed

PLUVAR

Director · since 02-09-2019 · Private limited company · perm. rep.: Kathleen Steel

Not recently confirmed

CRESCEMUS

Director · since 02-04-2019 · Private limited company · perm. rep.: Pieter Bourgeois

Not recently confirmed

DEGUSCH

Independent director · since 19-12-2018 · Public limited company · perm. rep.: Karel De Gucht

Not recently confirmed

Hans Goossens

Independent director · since 19-12-2018

Not recently confirmed

SEARCH & CONSULTING

Independent director · since 19-12-2018 · Legal entity · perm. rep.: Ellen Joncheere

Not recently confirmed

08-06-2026 Michèle ADAMS: Resigned as Director

16-06-2025 DE WALSCHE Lizz: Appointed as Director

16-06-2025 Pro Fund: Appointed as Independent director

16-06-2025 Herman Van Rompuy: Resigned as Director

22-05-2024 CRESCEMUS: Mandate renewed as Director

Full history in the Timeline (35 changes) →

Not every act has been read: a resignation may be missing here

1 act was read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Gent · 2 establishment units since 2014

establishment All 2 establishment units on the map

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.

Kortrijksesteenweg 10719051 Gent

Ground area

2.1 ha

Building footprint

4,806 m²

Volume, LiDAR

18,943 m³

2 parcels, Brussels, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

EnergyBiz

Kortrijksesteenweg 1071, 9051 GentEngineering and related technical consultancy, excluding land surveyors

since 20142.236.243.542

EnergyBiz

Laarbeeklaan 74, 1090 JetteEngineering and related technical consultancy, excluding land surveyors

since 20212.313.545.119

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44062B0320/00M005	Flanders	1.5 ha	1 · 2,773 m²	-
21010A0106/00N000	Brussels	6,197 m²	1 · 2,033 m²	11.3 m · 3 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

PricewaterhouseCoopers Reviseurs d'EntreprisesCurrent

Auditor

16-06-2025 → present

Show 4 earlier auditors

BV PwC Bedrijfsrevisoren Commissaris voor de jaarrekening succeeded by PricewaterhouseCoopers Reviseurs d'Entreprises in 2025	16-11-2022 → 16-06-2025
VRC BEDRIJFSREVISOREN Statutory auditor succeeded by VRC CVBA in 2018	15-09-2016 → 29-06-2018
VRC Bedrijfsrevisoren CVBA Commissaris voor de geconsolideerde jaarrekening succeeded by BV PwC Bedrijfsrevisoren in 2022	01-01-2021 → 16-11-2022
VRC CVBA Statutory auditor succeeded by VRC Bedrijfsrevisoren CVBA in 2021	29-06-2018 → 01-01-2021

Articles of association

Purpose

Het verkopen of, meer in het algemeen, het op de markt brengen van energie en aan energie gerelateerde diensten en goederen. Het leveren van goederen en diensten met betrekking tot…

Full purpose

Het verkopen of, meer in het algemeen, het op de markt brengen van energie en aan energie gerelateerde diensten en goederen. Het leveren van goederen en diensten met betrekking tot hernieuwbare energie en efficiënt energiegebruik... Energieconsultancy, studiebureau en ingenieursadvies. De productie, de ontwikkeling, de aankoop, de verkoop, invoer en uitvoer van lichtinstallaties, lampen, fittings en aanverwante activiteiten... Het beheren van beleggingen en van participaties in dochtervennootschappen... Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen... Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen...

according to the deed of 31-07-2025

Structure & network

Connections & network

14 connected companies

Shared directors

Linked via shared directors

INTRIMM

via Maarten Michielssens · Director

former→

Evara

Shared director

→

Fondation Francqui

Shared director

→

Katholieke Universiteit te Leuven

Shared director

→

Show 10 more companies with a shared director

ACCENT Jobs For People

Shared corporate director

→

ALYCHLO

Shared corporate director

→

Banqup Group

Shared corporate director

→

BekaertDeslee Holding

Shared corporate director

→

CLAES RETAIL GROUP

Shared corporate director

→

House of AI

Shared corporate director

→

OPTION

Shared corporate director

→

SENIOR ASSIST

Shared corporate director

→

TELEVIC GROUP

Shared corporate director

→

Triginta

Shared corporate director

→

Acquisitions and mergers

1 transaction

Took over:Solarbuild

BE 0672.642.540merger by absorption · State Gazette act of 22-04-2022 (2 acts) · effective 01-04-2022

Capital and shareholders

Shareholders according to the acts

At incorporation act of 13-10-2014 ↗

MZM INVEST (BE 0563.801.315) 93 shares (93%) · 17,298 EUR
Maarten Michielssens 7 shares (7%) · 1,302 EUR

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years

04-09-2025 Capital increase of 96,800 EUR · to 54,096,056 EUR
31-07-2025 Capital increase of 3,916,000 EUR · to 53,999,256 EUR · 4,450,000 new shares
03-07-2023 Capital increase of 440,783.73 EUR · to 44,524,811.73 EUR · 1,403 new shares
03-07-2023 Capital increase of 5,558,444.27 EUR · to 50,083,256 EUR · no new shares · from reserves
17-05-2022 Capital increase of 136,755.72 EUR · to 43,219,119.72 EUR · 444 new shares
17-05-2022 Capital increase of 864,908.28 EUR · to 44,084,028 EUR · no new shares · from reserves
22-04-2022 Capital increase of 18,540 EUR · to 17,580,540 EUR
19-04-2022 Capital increase of 1,545,698.25 EUR · to 19,126,238.25 EUR · 11,304 new shares

Show 7 older capital entries

19-04-2022 Capital increase of 23,956,125.75 EUR · to 43,082,364 EUR · no new shares · from reserves
17-02-2022 Capital stated in the act · 17,562,000 EUR · 112,681 shares
19-01-2022 Capital increase of 7,862.22 EUR · to 69,862.22 EUR · 12,681 new shares
19-01-2022 Capital increase of 17,492,137.78 EUR · to 17,562,000 EUR · no new shares · from reserves
10-01-2019 Capital increase of 43,400 EUR · to 62,000 EUR · from reserves
19-01-2017 Capital stated in the act · 18,600 EUR · 100 shares
13-10-2014 Incorporation · 18,600 EUR · 100 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 27,783 EUR awarded · 27,783 EUR paid

Year	Entries	awarded	paid
2025	1	-7,300 EUR	0 EUR
2024	2	7,239 EUR	9,939 EUR
2023	2	18,984 EUR	8,984 EUR
2022	2	8,860 EUR	8,860 EUR

Schemes

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)

3 entries · 24,188 EUR · 24,188 EUR paid · Departement Werk en Sociale Economie

Werkbaarheidscheque (stopgezet)

3 entries · 2,700 EUR · 2,700 EUR paid · Departement Werk en Sociale Economie

Vlaams opleidingsverlof (VOV)

1 entry · 895 EUR · 895 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Recognised contractor

5 categories

EnergyVision NV39133

category D1, class 1 · category P1, class 8 · category P2, class 8 · category P3, class 6 · category S1, class 6

decision 02-04-2025

Dual-learning approval

2 live approvals

Elektrische installaties duaal (so)

Goedgekeurd · 2022 to 2027

Elektrotechnisch installateur (vwo)

Goedgekeurd · 2022 to 2027

Legal Entity Identifier

984500B58E8E57BA9A82

live in the LEI register

Similar companies · same sector, comparable size

Advices for Technical Systems

BE 0425.815.647

Merelbeke-Melle · Eq €77.53M

JACOPS

BE 0415.826.627

Deerlijk · Eq €54.07M

MOBIX

BE 0412.783.696

Mechelen · Eq €32.78M

Aartselaar · Eq €30.28M

Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 20 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

Founded09-10-2014

Fiscal year end31-12

Activities, NACEBEL 2025

43211General electrical installation work

33140Repair and maintenance of electrical equipment

35150Electricity, gas, steam and air conditioning supply

71121Engineering and related technical consultancy, excluding land surveyors

Sources

Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.