RESEAU D'ENERGIES DE WAVRE
ActiveSummary
RESEAU D'ENERGIES DE WAVRE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61.99M and a net result of €196k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 69% of 52 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79=
Solvency98▼-1
Growth31▲+4
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.45M at 30 days acceptable
Liquidity short (current ratio 0.87 against 1.33 in 2024; short-term debt: 13% and cash: 2.1% of total assets), and 26.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 84
Relative position
BE, all sectors
reference
Public administration and defence; compulsory social security (NACE 84)
about 85% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
73.4%
Return on assets
0.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
133 d late
2023
22 d early
2022
6 d early
2021
12 d early
2020
11 d early
2019
223 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.72M▲ 11.3%
2024 · €13.22M
2021: €15.60Mhighest in 5 years
2022: €13.80M▼ -11.5% vs 2021
2023: €13.11M▼ -5.0% vs 2022lowest in 5 years
2024: €13.22M▲ +0.9% vs 2023
2025: €14.72M▲ +11.3% vs 2024
2021 → 2025
EBIT margin
3.9%▲ 3.9pp
2024 · 0.0%
2021: 9.0%highest in 5 years
2022: 4.4%▼ -51.7% vs 2021
2023: 1.2%▼ -71.7% vs 2022
2024: 0.0%▼ -99.4% vs 2023lowest in 5 years
2025: 3.9%▲ +53153% vs 2024
2021 → 2025
Net result
€196k
2024 · €-256k
2021: €880khighest in 5 years
2022: €274k▼ -68.9% vs 2021
2023: €-75k▼ -127% vs 2022
2024: €-256k▼ -243% vs 2023lowest in 5 years
2025: €196k▲ +177% vs 2024
2021 → 2025
Working capital
€-1.40M
2024 · €2.75M
2021: €4.09M
2022: €5.78M▲ +41.4% vs 2021highest in 5 years
2023: €1.86M▼ -67.8% vs 2022
2024: €2.75M▲ +47.9% vs 2023
2025: €-1.40M▼ -151% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€15.60M-€13.80M▼ 11.5%€13.11M▼ 5.0%€13.22M▲ 0.9%€14.72M▲ 11.3%
2021: €15.60Mhighest in 5 years
2022: €13.80M▼ -11.5% vs 2021
2023: €13.11M▼ -5.0% vs 2022lowest in 5 years
2024: €13.22M▲ +0.9% vs 2023
2025: €14.72M▲ +11.3% vs 2024
Equity€62.17M-€61.44M▼ 1.2%€61.37M▼ 0.1%€61.79M▲ 0.7%€61.99M▲ 0.3%
2021: €62.17Mhighest in 5 years
2022: €61.44M▼ -1.2% vs 2021
2023: €61.37M▼ -0.1% vs 2022lowest in 5 years
2024: €61.79M▲ +0.7% vs 2023
2025: €61.99M▲ +0.3% vs 2024
Operating result€1.41M-€603k▼ 57.2%€162k▼ 73.1%€963▼ 99.4%€571k▲ 59,178%
2021: €1.41Mhighest in 5 years
2022: €603k▼ -57.2% vs 2021
2023: €162k▼ -73.1% vs 2022
2024: €963▼ -99.4% vs 2023lowest in 5 years
2025: €571k▲ +59178% vs 2024
Net result€880k-€274k▼ 68.9%€-75k€-256k▼ 243%€196k
2021: €880khighest in 5 years
2022: €274k▼ -68.9% vs 2021
2023: €-75k▼ -127% vs 2022
2024: €-256k▼ -243% vs 2023lowest in 5 years
2025: €196k▲ +177% vs 2024
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 59,178% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84.47M
Fixed assets
€74.89M ▲ 3.7%
Current assets
€9.58M ▼ 14.2%
Equity and liabilities €84.47M
Equity
€61.99M ▲ 0.3%
Provisions
€60k =
Debt
€22.42M ▲ 4.3%
Debt's share of the balance-sheet total rises from 25.8% to 26.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4.92M▲
2024 · €4.12M
Cash flow
€4.54M▲
2024 · €3.87M
Current ratio
0.87▼
2024 · 1.33
Quick ratio
0.78▼
2024 · 1.23
Debt to equity
0.36▲
2024 · 0.35
ROE
0.3%▲
2024 · -0.4%
ROA
0.2%▲
2024 · -0.3%
Interest coverage
15.57▼
2024 · 16.54
Debt ≤ 1 year
€10.98M▲
2024 · €8.40M
Debt > 1 year
€10.83M▼
2024 · €11.91M
Income taxes
€55k▲
2024 · €6k
Staff costs
€3.53M▲
2024 · €3.26M
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 · 87 lines
Balance sheet
Code20242025
Assets
Total assets20/58€83.34M€84.47M▲
Fixed assets21/28€72.19M€74.89M▲
Intangible fixed assets21€2.49M€2.55M▲
Tangible fixed assets22/27€69.63M€72.27M▲
Land and buildings22€8.15M€7.92M▼
Plant, machinery and equipment23€55.67M€55.90M▲
Furniture and vehicles24€233k€315k▲
Other tangible fixed assets26€70k€75k▲
Assets under construction and advance payments27€5.51M€8.06M▲
Financial fixed assets28€65k€65k=
Companies linked by participating interests282/3€62k€62k=
Participating interests282€6k€6k=
Amounts receivable283€56k€56k=
Other financial fixed assets284/8€3k€3k=
Shares284€2k€2k=
Amounts receivable and cash guarantees285/8€952€952=
Current assets29/58€11.16M€9.58M▼
Stocks and contracts in progress3€838k€991k▲
Stocks30/36€838k€991k▲
Goods purchased for resale34€838k€991k▲
Amounts receivable within one year40/41€4.49M€5.21M▲
Trade receivables40€4.32M€5.13M▲
Other amounts receivable41€162k€80k▼
Cash at bank and in hand54/58€3.75M€1.77M▼
Deferred charges and accrued income490/1€2.09M€1.61M▼
Equity and liabilities
Total equity and liabilities10/49€83.34M€84.47M▲
Equity10/15€61.79M€61.99M▲
Contributions10/11€60.56M€60.56M=
Reserves13€883k€749k▼
Distributable reserves133€883k€749k▼
Profit (loss) carried forward14€-330k€0▲
Investment grants15€678k€678k=
Provisions and deferred taxes16€60k€60k=
Provisions for liabilities and charges160/5€60k€60k=
Other liabilities and charges164/5€60k€60k=
Amounts payable17/49€21.49M€22.42M▲
Amounts payable after more than one year17€11.91M€10.83M▼
Financial debts170/4€10.98M€10.02M▼
Credit institutions173€10.98M€10.02M▼
Trade debts175€837k€784k▼
Suppliers1750€837k€784k▼
Other amounts payable178/9€95k€25k▼
Amounts payable within one year42/48€8.40M€10.98M▲
Current portion of amounts payable after more than one year42€893k€1.01M▲
Financial debts43€85k€119k▲
Credit institutions430/8€85k€119k▲
Trade debts44€6.15M€8.09M▲
Suppliers440/4€6.15M€8.09M▲
Advances received on contracts in progress46€689k€1.15M▲
Taxes, remuneration and social security45€455k€575k▲
Taxes450/3€89k€169k▲
Remuneration and social security454/9€366k€406k▲
Other amounts payable47/48€131k€29k▼
Accrued charges and deferred income492/3€1.18M€613k▼
Income statement
Code20242025
Operating income70/76A€16.88M€19.06M▲
Turnover70€13.22M€14.72M▲
Own construction capitalised72€2.22M€2.86M▲
Other operating income74€1.44M€1.46M▲
Non-recurring operating income76A-€25k
Operating charges60/66A€16.88M€18.49M▲
Goods for resale, raw materials and consumables60€6.04M€6.45M▲
Purchases600/8€6.00M€6.61M▲
Change in stocks: decrease (increase)609€45k€-154k▼
Services and other goods61€3.33M€3.73M▲
Remuneration, social security and pensions62€3.26M€3.53M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.12M€4.35M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-276k-
Other operating charges640/8€406k€419k▲
Operating profit (loss)9901€963€571k▲
Financial income75/76B€2k€62▼
Recurring financial income75€2k€62▼
Other financial income752/9€2k€62▼
Financial charges65/66B€253k€320k▲
Recurring financial charges65€253k€320k▲
Debt charges650€249k€316k▲
Other financial charges652/9€3k€4k▲
Profit (loss) for the period before taxes9903€-249k€251k▲
Income taxes67/77€6k€55k▲
Taxes670/3€6k€55k▲
Profit (loss) for the period9904€-256k€196k▲
Profit (loss) for the period to be appropriated9905€-256k€196k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-330k€-134k▲
Profit (loss) brought forward from the previous period14P€-75k€-330k▼
Transfer from equity791/2-€134k
From reserves792-€134k
Social balance
Average headcount (FTE)908732.035.0▲
The notes to these accounts (86 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €17.20M | €16.34M | €16.17M | €16.88M | €19.06M | ▲ 12.9% |
| Turnover70 | €15.60M | €13.80M | €13.11M | €13.22M | €14.72M | ▲ 11.3% |
| Own construction capitalised72 | €1.20M | €1.27M | €1.79M | €2.22M | €2.86M | ▲ 28.9% |
| Other operating income74 | €393k | €1.24M | €1.22M | €1.44M | €1.46M | ▲ 1.5% |
| Non-recurring operating income76A | - | €31k | €53k | - | €25k | - |
| Operating charges60/66A | €15.79M | €15.74M | €16.01M | €16.88M | €18.49M | ▲ 9.6% |
| Goods for resale, raw materials and consumables60 | €7.56M | €5.24M | €6.15M | €6.04M | €6.45M | ▲ 6.8% |
| Purchases600/8 | €7.58M | €5.23M | €6.24M | €6.00M | €6.61M | ▲ 10.2% |
| Change in stocks: decrease (increase)609 | €-23k | €7k | €-89k | €45k | €-154k | ▼ 444% |
| Services and other goods61 | €2.40M | €2.51M | €2.71M | €3.33M | €3.73M | ▲ 12.3% |
| Remuneration, social security and pensions62 | €2.17M | €2.59M | €2.84M | €3.26M | €3.53M | ▲ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3.57M | €3.75M | €3.96M | €4.12M | €4.35M | ▲ 5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2k | €32k | €8k | - | €8k | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €250k | - | €-276k | - | - |
| Other operating charges640/8 | €98k | €956k | €356k | €406k | €419k | ▲ 3.3% |
| Non-recurring operating charges66A | - | €416k | - | - | - | - |
| Operating profit (loss)9901 | €1.41M | €603k | €162k | €963 | €571k | ▲ 59,178% |
| Financial income75/76B | €226 | €122 | €6k | €2k | €62 | ▼ 97.5% |
| Recurring financial income75 | €226 | €122 | €6k | €2k | €62 | ▼ 97.5% |
| Income from current assets751 | - | - | €6k | - | - | - |
| Other financial income752/9 | €226 | €122 | €290 | €2k | €62 | ▼ 97.5% |
| Financial charges65/66B | €182k | €207k | €243k | €253k | €320k | ▲ 26.4% |
| Recurring financial charges65 | €182k | €207k | €243k | €253k | €320k | ▲ 26.4% |
| Debt charges650 | €171k | €189k | €240k | €249k | €316k | ▲ 26.6% |
| Other financial charges652/9 | €11k | €18k | €3k | €3k | €4k | ▲ 13.3% |
| Profit (loss) for the period before taxes9903 | €1.23M | €396k | €-75k | €-249k | €251k | ▲ 201% |
| Income taxes67/77 | €347k | €122k | - | €6k | €55k | ▲ 777% |
| Taxes670/3 | €347k | €122k | - | €6k | €55k | ▲ 777% |
| Profit (loss) for the period9904 | €880k | €274k | €-75k | €-256k | €196k | ▲ 177% |
| Profit (loss) for the period to be appropriated9905 | €880k | €274k | €-75k | €-256k | €196k | ▲ 177% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80.01M | €80.12M | €79.29M | €83.34M | €84.47M | ▲ 1.3% |
| Fixed assets21/28 | €67.83M | €67.58M | €70.36M | €72.19M | €74.89M | ▲ 3.7% |
| Intangible fixed assets21 | €1.85M | €2.28M | €2.47M | €2.49M | €2.55M | ▲ 2.3% |
| Tangible fixed assets22/27 | €65.91M | €65.23M | €67.83M | €69.63M | €72.27M | ▲ 3.8% |
| Land and buildings22 | €8.83M | €8.60M | €8.37M | €8.15M | €7.92M | ▼ 2.8% |
| Plant, machinery and equipment23 | €53.96M | €53.00M | €56.26M | €55.67M | €55.90M | ▲ 0.4% |
| Furniture and vehicles24 | €396k | €312k | €262k | €233k | €315k | ▲ 34.9% |
| Other tangible fixed assets26 | - | €55k | €79k | €70k | €75k | ▲ 7.8% |
| Assets under construction and advance payments27 | €2.72M | €3.26M | €2.85M | €5.51M | €8.06M | ▲ 46.4% |
| Financial fixed assets28 | €63k | €65k | €65k | €65k | €65k | = |
| Companies linked by participating interests282/3 | €62k | €62k | €62k | €62k | €62k | = |
| Participating interests282 | €6k | €6k | €6k | €6k | €6k | = |
| Amounts receivable283 | €56k | €56k | €56k | €56k | €56k | = |
| Other financial fixed assets284/8 | €416 | €3k | €3k | €3k | €3k | = |
| Shares284 | €416 | €2k | €2k | €2k | €2k | = |
| Amounts receivable and cash guarantees285/8 | - | €952 | €952 | €952 | €952 | = |
| Current assets29/58 | €12.19M | €12.55M | €8.93M | €11.16M | €9.58M | ▼ 14.2% |
| Stocks and contracts in progress3 | €800k | €793k | €882k | €838k | €991k | ▲ 18.3% |
| Stocks30/36 | €800k | €793k | €882k | €838k | €991k | ▲ 18.3% |
| Goods purchased for resale34 | €800k | €793k | €882k | €838k | €991k | ▲ 18.3% |
| Amounts receivable within one year40/41 | €5.35M | €2.48M | €3.74M | €4.49M | €5.21M | ▲ 16.1% |
| Trade receivables40 | €5.02M | €2.28M | €3.50M | €4.32M | €5.13M | ▲ 18.6% |
| Other amounts receivable41 | €330k | €197k | €240k | €162k | €80k | ▼ 50.8% |
| Current investments50/53 | €198k | €997k | - | - | - | - |
| Other investments51/53 | €198k | €997k | - | - | - | - |
| Cash at bank and in hand54/58 | €3.96M | €6.28M | €2.31M | €3.75M | €1.77M | ▼ 52.8% |
| Deferred charges and accrued income490/1 | €1.88M | €2.00M | €2.00M | €2.09M | €1.61M | ▼ 22.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80.01M | €80.12M | €79.29M | €83.34M | €84.47M | ▲ 1.3% |
| Equity10/15 | €62.17M | €61.44M | €61.37M | €61.79M | €61.99M | ▲ 0.3% |
| Contributions10/11 | €60.56M | €60.56M | €60.56M | €60.56M | €60.56M | = |
| Reserves13 | €1.61M | €883k | €883k | €883k | €749k | ▼ 15.2% |
| Non-distributable reserves130/1 | €321k | €321k | - | - | - | - |
| Reserves not available under the articles1311 | €321k | €321k | - | - | - | - |
| Distributable reserves133 | €1.29M | €562k | €883k | €883k | €749k | ▼ 15.2% |
| Profit (loss) carried forward14 | - | - | €-75k | €-330k | €0 | ▲ 100% |
| Investment grants15 | - | - | - | €678k | €678k | = |
| Provisions and deferred taxes16 | €86k | €336k | €336k | €60k | €60k | = |
| Provisions for liabilities and charges160/5 | €86k | €336k | €336k | €60k | €60k | = |
| Other liabilities and charges164/5 | €86k | €336k | €336k | €60k | €60k | = |
| Amounts payable17/49 | €17.76M | €18.35M | €17.59M | €21.49M | €22.42M | ▲ 4.3% |
| Amounts payable after more than one year17 | €9.49M | €10.20M | €9.41M | €11.91M | €10.83M | ▼ 9.0% |
| Financial debts170/4 | €9.40M | €10.12M | €9.32M | €10.98M | €10.02M | ▼ 8.7% |
| Credit institutions173 | €9.40M | €10.12M | €9.32M | €10.98M | €10.02M | ▼ 8.7% |
| Trade debts175 | - | - | - | €837k | €784k | ▼ 6.3% |
| Suppliers1750 | - | - | - | €837k | €784k | ▼ 6.3% |
| Other amounts payable178/9 | €85k | €85k | €90k | €95k | €25k | ▼ 73.7% |
| Amounts payable within one year42/48 | €8.10M | €6.76M | €7.07M | €8.40M | €10.98M | ▲ 30.6% |
| Current portion of amounts payable after more than one year42 | €724k | €787k | €798k | €893k | €1.01M | ▲ 12.9% |
| Financial debts43 | €80k | €81k | €83k | €85k | €119k | ▲ 41.0% |
| Credit institutions430/8 | €80k | €81k | €83k | €85k | €119k | ▲ 41.0% |
| Trade debts44 | €5.06M | €3.56M | €4.66M | €6.15M | €8.09M | ▲ 31.5% |
| Suppliers440/4 | €5.06M | €3.56M | €4.66M | €6.15M | €8.09M | ▲ 31.5% |
| Advances received on contracts in progress46 | €262k | €576k | €747k | €689k | €1.15M | ▲ 67.5% |
| Taxes, remuneration and social security45 | €336k | €421k | €341k | €455k | €575k | ▲ 26.2% |
| Taxes450/3 | €58k | €117k | €4k | €89k | €169k | ▲ 89.5% |
| Remuneration and social security454/9 | €277k | €305k | €338k | €366k | €406k | ▲ 10.8% |
| Other amounts payable47/48 | €1.63M | €1.34M | €445k | €131k | €29k | ▼ 77.5% |
| Accrued charges and deferred income492/3 | €176k | €1.38M | €1.11M | €1.18M | €613k | ▼ 48.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €880k | €274k | €-75k | €-256k | €196k | ▲ 177% |
| + Depreciation and write-downs630 | €3.57M | €3.75M | €3.96M | €4.12M | €4.35M | ▲ 5.4% |
| Operating cash flow (approximation) | €4.45M | €4.02M | €3.88M | €3.87M | €4.54M | ▲ 17.4% |
| Investment in fixed assets (approximation) | - | €-3.50M | €-6.74M | €-5.95M | €-7.05M | ▼ 18.4% |
| Change in cash | - | €2.32M | €-3.97M | €1.44M | €-1.98M | ▼ 238% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 18 days late
2025
31-12
Financial
Back to profitnet €196k
Net result €196k after 2 loss-making years.
24-12
State Gazette act
Statutes amendment · MiscellaneousCapital · Constitution4 facts ▸
State Gazette act
Statutes amendment · Miscellaneous
Capital · Constitution4 facts ▸
- General meeting, 12-12-2025
- Statutes amendment
- Capital
- Constitution, 17-12-2015
74.4% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 133 days late
25-07
State Gazette act
Resignations: Raymond Willems, Eliane Monfils and 2 othersAppointments: Qassem Fosseprez, Pascale Collet and 14 others · Power of attorney · Delegation modification40 facts ▸
State Gazette act
Resignations: Raymond Willems, Eliane Monfils and 2 others
Appointments: Qassem Fosseprez, Pascale Collet and 14 others · Power of attorney · Delegation modification40 facts ▸
- Board meeting, 02-06-2025
- General meeting, 20-06-2025
- Director resignation, Raymond Willems (director)
- Director appointment, Qassem Fosseprez (director)
- Director resignation, Eliane Monfils (director)
- Director appointment, Pascale Collet (director)
- Director resignation, Françoise Darmstaedter (director)
- Director appointment, Anne Verast (director)
- Director resignation, Moon Nassiri (director)
- Director appointment, Dominique Van Parijs-Lebrun (director)
- Director resignation, Eliane Monfils (membre du comité de rémunération)
- Director appointment, Pascale Newman (membre du comité de rémunération)
- +28 further facts in this act
07-01
State Gazette act
Appointments: Qassem Fosseprez, Pascale Collet-Newman and 3 othersResignations: Raymond Willems, Eliane Monfils and 2 others13 facts ▸
State Gazette act
Appointments: Qassem Fosseprez, Pascale Collet-Newman and 3 others
Resignations: Raymond Willems, Eliane Monfils and 2 others13 facts ▸
- Board meeting, 28-11-2024
- Director appointment, Qassem Fosseprez (administrateur coopté)
- Director resignation, Raymond Willems (director)
- Director appointment, Pascale Collet-Newman (administrateur coopté)
- Director resignation, Eliane Monfils (director)
- Director appointment, Anne Verast (administrateur coopté)
- Director resignation, Françoise Darmstaedter (director)
- Director appointment, Dominique Van Parijs-Lebrun (administrateur coopté)
- Director resignation, Moon Nassiri (director)
- Board meeting, 09-12-2024
- Director appointment, Pascale Collet-Newman (membre du comité de rémunération)
- Director appointment, Anne Verast (membre du comité de rémunération)
- +1 further facts in this act
2024
31-12
Financial
Weakest financial yearnet €-256k
Net result drops to €-256k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
28-12
State Gazette act
Statutes amendment · Legal-form change · MiscellaneousReserve release · Capital · Share structure7 facts ▸
State Gazette act
Statutes amendment · Legal-form change · Miscellaneous
Reserve release · Capital · Share structure7 facts ▸
- General meeting, 15-12-2023
- Statutes amendment
- Reserve release, Suppression du compte de réserves statutairement indisponibles (ex réserve légale) et mise à disposition pour distribution
- Capital, €18.600
- Legal-form change, Société coopérative
- Share structure, 186, 603204
- Constitution date, 17-12-2015
80.8% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
24-11
State Gazette act
Reappointment: DGST&Partners (commissaire réviseur)Resignation: Gilles AGOSTI (director) · Appointment: Frédéric VAESSEN (director) · Mandate compensation7 facts ▸
State Gazette act
Reappointment: DGST&Partners (commissaire réviseur)
Resignation: Gilles AGOSTI (director) · Appointment: Frédéric VAESSEN (director) · Mandate compensation7 facts ▸
- General meeting, 16-12-2022
- Board meeting, 05-12-2022
- Auditor reappointment, DGST&Partners (commissaire réviseur)
- Mandate compensation, DGST&Partners
- Mandate term, Son mandat s'achèvera lors de l'Assemblée Générale ordinaire de l'an 2024.
- Director resignation, Gilles AGOSTI (director)
- Director appointment, Frédéric VAESSEN (director)
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
Show earlier events
01-04
State Gazette act
Resignation: Jacques Fraix (independent director)2 facts ▸
State Gazette act
Resignation: Jacques Fraix (independent director)
2 facts ▸
- Board meeting, 24-03-2029
- Director resignation, Jacques Fraix (independent director)
03-01
State Gazette act
Resignation: Eléonore DANHIER (director)Appointment: Véronique MICHEL (director)3 facts ▸
State Gazette act
Resignation: Eléonore DANHIER (director)
Appointment: Véronique MICHEL (director)3 facts ▸
- Board meeting, 25-08-2021
- Director resignation, Eléonore DANHIER (director)
- Director appointment, Véronique MICHEL (director)
2021
04-10
State Gazette act
Resignation: Eléonore Danhier (director)2 facts ▸
State Gazette act
Resignation: Eléonore Danhier (director)
2 facts ▸
- Board meeting
- Director resignation, Eléonore Danhier (director)
09-08
State Gazette act
Resignation: Gilles Agosti (director)Resignation notice3 facts ▸
State Gazette act
Resignation: Gilles Agosti (director)
Resignation notice3 facts ▸
- Board meeting, 28-07-2021
- Director resignation, Gilles Agosti (director)
- Resignation notice, 30-04-2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
07-06
State Gazette act
Resignations & appointmentsPower of attorney2 facts ▸
State Gazette act
Resignations & appointments
Power of attorney2 facts ▸
- Board meeting, 01-04-2021
- Power of attorney, Roger Le BUSSY
07-05
State Gazette act
Resignation: Anne MASSON (director)Appointment: Moon NASSIRI (director)3 facts ▸
State Gazette act
Resignation: Anne MASSON (director)
Appointment: Moon NASSIRI (director)3 facts ▸
- Board meeting, 01-04-2021
- Director resignation, Anne MASSON (director)
- Director appointment, Moon NASSIRI (director)
07-05
State Gazette act
Appointment: Luc GILLARD (chair)Resignation: Anne Masson (chair)3 facts ▸
State Gazette act
Appointment: Luc GILLARD (chair)
Resignation: Anne Masson (chair)3 facts ▸
- Board meeting, 29-04-2021
- Director appointment, Luc GILLARD (chair)
- Director resignation, Anne Masson (chair)
11-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 223 days late
2020
27-10
State Gazette act
Resignation: Stéphanie Grosjean (director)Appointment: Françoise Darmstaedter (director)4 facts ▸
State Gazette act
Resignation: Stéphanie Grosjean (director)
Appointment: Françoise Darmstaedter (director)4 facts ▸
- General meeting, 09-12-2019
- Board meeting, 02-12-2019
- Director resignation, Stéphanie Grosjean (director)
- Director appointment, Françoise Darmstaedter (director)
27-10
State Gazette act
Resignation: Christophe LEJEUNE (director)Appointment: Marie-Pierre JADIN (director)3 facts ▸
State Gazette act
Resignation: Christophe LEJEUNE (director)
Appointment: Marie-Pierre JADIN (director)3 facts ▸
- Board meeting, 02-03-2020
- Director resignation, Christophe LEJEUNE (director)
- Director appointment, Marie-Pierre JADIN (director)
27-10
State Gazette act
Appointment: SRL RLS Audit &Conseils (commissaire réviseur)Mandate compensation3 facts ▸
State Gazette act
Appointment: SRL RLS Audit &Conseils (commissaire réviseur)
Mandate compensation3 facts ▸
- General meeting, 29-05-2019
- Auditor appointment, SRL RLS Audit &Conseils (commissaire réviseur)
- Mandate compensation, SRL RLS Audit &Conseils
2019
06-11
State Gazette act
Appointment: Roger Le BUSSY (daily management delegate)2 facts ▸
State Gazette act
Appointment: Roger Le BUSSY (daily management delegate)
2 facts ▸
- Board meeting, 28-06-2019
- Director appointment, Roger Le BUSSY (daily management delegate)
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 48 days late
26-07
State Gazette act
Purpose · Statutes amendmentApproval · Net-asset statement · Purpose change8 facts ▸
State Gazette act
Purpose · Statutes amendment
Approval · Net-asset statement · Purpose change8 facts ▸
- General meeting, 19-07-2019
- Board meeting, 14-06-2019
- Board meeting, 28-06-2019
- Approval, 19-07-2019
- Approval, 19-07-2019
- Net-asset statement, 30-04-2019
- Purpose change, Sous réserve des précisions figurant au dernier alinéa, la société a pour objet d’accomplir, sans que cette liste soit exhaustive : • Toutes les activités et mi…
- Power of attorney, RESEAU D'ENERGIES DE WAVRE
18-07
State Gazette act
Statutes amendmentLegal-form conversion · Capital · Incorporation date7 facts ▸
State Gazette act
Statutes amendment
Legal-form conversion · Capital · Incorporation date7 facts ▸
- General meeting, 28-06-2019
- Legal-form conversion, de société coopérative à responsabilité limitée de droit privé en société coopérative à responsabilité limitée de droit public (Intercommunale)
- Statutes amendment
- Capital, €18.600
- Incorporation date, 17-12-2015
- Capital
- Share structure, A, EUR
78.4% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
04-07
State Gazette act
Appointments: Anne Masson, Paul Brasseur and 3 othersResignations: Anne Masson, Luc Gillard and 5 others19 facts ▸
State Gazette act
Appointments: Anne Masson, Paul Brasseur and 3 others
Resignations: Anne Masson, Luc Gillard and 5 others19 facts ▸
- General meeting, 29-05-2019
- Director appointment, Anne Masson (director)
- Director appointment, Paul Brasseur (director)
- Director appointment, Gilles Agosti (director)
- Director appointment, Raymond Willems (director)
- Director appointment, Stéphanie Grosjean (director)
- Director appointment, Anne Masson (chair)
- Director resignation, Anne Masson
- Director resignation, Luc Gillard
- Director resignation, Jean-Pol Hannon
- Director resignation, Raymond Willems
- Director resignation, Benoit Thoreau
- +7 further facts in this act
04-07
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 27-05-2019
- Registered-office move, rue Provinciale, 265 à 1301 BIERGES
04-06
State Gazette act
Appointment: ScPRL Audit et Conseils (statutory auditor)Resignation: ScPRL Sohet & Cie (statutory auditor) · Approval4 facts ▸
State Gazette act
Appointment: ScPRL Audit et Conseils (statutory auditor)
Resignation: ScPRL Sohet & Cie (statutory auditor) · Approval4 facts ▸
- General meeting, 28-06-2018
- Auditor appointment, ScPRL Audit et Conseils (statutory auditor)
- Director resignation, ScPRL Sohet & Cie (statutory auditor)
- Approval, 28-06-2018
04-06
State Gazette act
Resignations: Freddy QUIBUS, François RUELLE and Philippe DEFALQUEAppointment: Cédric Mortier (director)5 facts ▸
State Gazette act
Resignations: Freddy QUIBUS, François RUELLE and Philippe DEFALQUE
Appointment: Cédric Mortier (director)5 facts ▸
- Board meeting, 07-01-2019
- Director resignation, Freddy QUIBUS (director)
- Director resignation, François RUELLE (director)
- Director resignation, Philippe DEFALQUE (director)
- Director appointment, Cédric Mortier (director)
04-06
State Gazette act
Resignations: Freddy Quibus, François Ruelle and Gérard HancqAppointments: Raymond WILLEMS, Stéphanie GROSJEAN and Michael Goblet d'Alviella7 facts ▸
State Gazette act
Resignations: Freddy Quibus, François Ruelle and Gérard Hancq
Appointments: Raymond WILLEMS, Stéphanie GROSJEAN and Michael Goblet d'Alviella7 facts ▸
- Board meeting, 04-02-2019
- Director resignation, Freddy Quibus (director)
- Director resignation, François Ruelle (director)
- Director appointment, Raymond WILLEMS (director)
- Director appointment, Stéphanie GROSJEAN (director)
- Director resignation, Gérard Hancq (représentant de l'in bw)
- Director appointment, Michael Goblet d'Alviella (représentant de l'in bw)
04-06
State Gazette act
Resignation: Bertrand Vosse (director)Appointment: Benoit Thoreau (director)3 facts ▸
State Gazette act
Resignation: Bertrand Vosse (director)
Appointment: Benoit Thoreau (director)3 facts ▸
- Board meeting, 08-04-2019
- Director resignation, Bertrand Vosse (director)
- Director appointment, Benoit Thoreau (director)
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
25-01
State Gazette act
Resignation: Stéphane CRUSNIERE (director)Appointment: Philippe DEFALQUE (director)4 facts ▸
State Gazette act
Resignation: Stéphane CRUSNIERE (director)
Appointment: Philippe DEFALQUE (director)4 facts ▸
- General meeting, 29-06-2017
- Board meeting, 26-04-2017
- Director resignation, Stéphane CRUSNIERE (director)
- Director appointment, Philippe DEFALQUE (director)
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
10-08
State Gazette act
Capital & sharesCapital increase · Share issue · Accounting effect8 facts ▸
State Gazette act
Capital & shares
Capital increase · Share issue · Accounting effect8 facts ▸
- General meeting, 19-07-2016
- Capital increase, €60.539.900
- Share issue, rémunération de l'apport de la branche d'activités, 603204
- Accounting effect, 01-01-2016
- Power of attorney, RESEAU D'ENERGIES DE WAVRE
- Real estate, Apport de branche d'activités incluant de nombreux immeubles (cabines de distribution électrique) et le réseau électrique souterrain et aérien, tels que décrits…
- Subrogation, La présente société est substituée et subrogée dans tous les droits et obligations de la REGIE DE L'ELECTRICITE DE WAVRE, en ce qui concerne la branche d'activi…
- Origin of property, Propriété depuis des temps immémoriaux, notamment aux termes d'un jugement rendu par le Tribunal de Première Instance à Nivelles en date du 20 octobre 1999, don…
58.4% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
15-06
State Gazette act
Resignation: Benoit Thoreau (director)Appointment: Bertrand Vosse (administrateur provisoire)3 facts ▸
State Gazette act
Resignation: Benoit Thoreau (director)
Appointment: Bertrand Vosse (administrateur provisoire)3 facts ▸
- Board meeting, 02-05-2016
- Director resignation, Benoit Thoreau (director)
- Director appointment, Bertrand Vosse (administrateur provisoire)
26-04
State Gazette act
RestructuringDemerger1 fact ▸
State Gazette act
Restructuring
Demerger1 fact ▸
- Demerger, apport d'une branche d'activités
2015
22-12
State Gazette act
IncorporationAppointments: MASSON Anne Caroline Gabrielle, GILLARD Luc Yvan Jean José Ghislain and 7 others · Founding capital · Bank account18 facts ▸
State Gazette act
Incorporation
Appointments: MASSON Anne Caroline Gabrielle, GILLARD Luc Yvan Jean José Ghislain and 7 others · Founding capital · Bank account18 facts ▸
- Incorporation, 17-12-2015
- Founding capital, €18.600
- Bank account, BE81 3631 5598 4124
- Director appointment, MASSON Anne Caroline Gabrielle (director)
- Director appointment, GILLARD Luc Yvan Jean José Ghislain (director)
- Director appointment, QUIBUS Frédéric Alain Joseph (director)
- Director appointment, HANNON Jean-Pol Joseph (director)
- Director appointment, THOREAU Benoît Marie (director)
- Director appointment, RUELLE François (director)
- Director appointment, CRUSNIERE Stéphane Jean-Marie (director)
- Director appointment, FRAIX Jacques Jean Camille (director)
- Director appointment, MASSON Anne Caroline Gabrielle (présidente du conseil)
- +6 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
29 of 29 acts read
Directors · office · real estate
Directors
18 directors, last change in 2025
Benoît RAUCENT
CurrentDirector · since 20-06-2025
Cédric Mortier
CurrentDirector · since 20-06-2025
Gatien de Radzitsky d'Ostrowick
CurrentDirector · since 20-06-2025
Guillaume de Wouters de Bouchout
CurrentDirector · since 20-06-2025
GUYOT Madeleine
CurrentDirector · since 20-06-2025
Pascale Newman
CurrentMembre du comité de rémunération · since 20-06-2025
12 other directors
Anne Verast
CurrentMembre du comité de rémunération · since 02-12-2024
Dominique Van Parijs-Lebrun
CurrentAdministrateur coopté · since 02-12-2024
Pascale Collet
CurrentDirector · since 02-12-2024
Pascale Newman Collet
CurrentDirector · since 02-12-2024
Qassem Fosseprez
CurrentAdministrateur coopté · since 02-12-2024
Frédéric VAESSEN
CurrentMembre du comité d'audit · since 05-12-2022
Véronique MICHEL
CurrentDirector · since 25-08-2021
GILLARD Luc Yvan Jean José Ghislain
CurrentDirector · since 29-04-2021
Marie-Pierre JADIN
CurrentDirector · since 02-03-2020
Paul BRASSEUR
CurrentDirector · since 29-05-2019
Roger Le BUSSY
Not recently confirmedDaily management delegate · since 28-06-2019
QUIBUS Frédéric Alain Joseph
Not recently confirmedDirector · since 17-12-2015
20-06-2025
Benoît RAUCENT: Appointed as Director
20-06-2025
Benoît RAUCENT: Appointed as Président de l'organe d'administration
20-06-2025
Cédric Mortier: Appointed as Director
20-06-2025
Cédric Mortier: Appointed as Membre du comité de rémunération
20-06-2025
Gatien de Radzitsky d'Ostrowick: Appointed as Director
Not every act has been read: a resignation may be missing here
4 acts were 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, Wavre · 1 establishment unit since 2015
Ground area
1.5 ha
Building footprint
8,898 m²
Parcel 25006C0318/00K004, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
RESEAU D'ENERGIES DE WAVRE
since 20152.341.994.427
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006C0318/00K004 | Wallonia | 1.5 ha | 1 · 8,898 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| DGST & PARTNERSCurrent Auditor | 16-12-2022 → present |
Show 2 earlier auditors
| ScPRL Audit et Conseils Statutory auditor · represented by Luc Sohet succeeded by DGST & PARTNERS in 2022 | 28-06-2018 → 16-12-2022 |
| SOHET ET CIE Statutory auditor succeeded by ScPRL Audit et Conseils in 2018 | 17-12-2015 → 28-06-2018 |
Articles of association
Duration
“Sa durée est limitée à une période de trente années prenant cours le jour où elle a acquis son caractère d'intercommunale soit, à dater du 28 juin 2019. Elle prendra donc fin le 28 juin 2049.”
Purpose
Toutes les activités et missions qui sont dévolues par les décrets, règlements et arrêtés et, en particulier, les obligations de services publics qui sont imparties aux…
Full purpose
Toutes les activités et missions qui sont dévolues par les décrets, règlements et arrêtés et, en particulier, les obligations de services publics qui sont imparties aux gestionnaires de réseaux de distribution comme la gestion de l'éclairage public ainsi que le développement, l'exploitation, l'entretien des réseaux de distribution de chaleur et de fibres optiques ainsi que le transport de signaux de communication...
Structure & network
Connections & network
22 connected companiesThis company
Company
Director
Shareholding
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
via Benoît RAUCENT · Chair of the board
→
via Frédéric VAESSEN · Director
→
via GUYOT Madeleine · Director
→
via GUYOT Madeleine · Day-to-day manager
→
Show 18 more companies with a shared director
via Frédéric VAESSEN · Director
→
via GUYOT Madeleine · Director
former→
via Benoît RAUCENT · Director
former→
Shared director
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Shared director
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Acquisitions and mergers
1 transactionReceived a branch of activity from:Régie de l'Electricité de Wavre
Capital and shareholders
Capital over the years
- 28-12-2023 Capital stated in 2 acts · 18,600 EUR
- 10-08-2016 Capital increase of 60,539,900 EUR · “apport de branche d'activités”
- 22-12-2015 Incorporation · 18,600 EUR · 186 shares
Similar companies · same sector, comparable size
AUTONOOM GEMEENTEBEDRIJF STADSONTWIKKELING LEUVEN
BE 0870.310.526
Leuven · Eq €58.29M
AGB Genk
BE 0872.093.742
Genk · Eq €69.88M
Haven Oostende
BE 0259.978.212
Oostende · Eq €46.82M
Mobiliteit en Parkeren Antwerpen AG
BE 0267.396.039
Antwerpen · Eq €101.45M
Stadsontwikkeling Gent (sogent)
BE 0367.300.594
Gent · Eq €169.75M
Of 597 companies in sector 84114 we hold annual accounts for 23. 8 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded18-12-2015
Fiscal year end31-12
Abbreviation FR
REW
Activities, NACEBEL 2025
35140Electricity, gas, steam and air conditioning supply
84114Public administration and defence; compulsory social security
Contact
Website
www.rew.be/
E-mail
info@grdwavre.be
E-mail
officiel.ic-rew@grdwavre.be
Phone
010/22.26.53
Fax
010/22.95.44
Scores and ratios are computed by Checked and are not a credit decision.