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NOSHAQ ENERGY

Active Risk: not assessed
Public limited companyfounded 20223 yrs activeRue Lambert-Lombard 3, 4000 Liège, BelgiumKBO/BCE: BE 0794.429.604
Summary

NOSHAQ ENERGY is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9.58M and a net result of €-1.68M. Its solvency ranks better than 79% of 2394 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

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

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
45 d early
2024
49 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
neutral · 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

Equity
€9.58M▲ 73.8%
2024 · €5.51M
2024: €5.51M
2024 → 2025
Net result
€-1.68M▼ 601%
2024 · €-240k
2024: €-240k
2024 → 2025
Total assets
€10.49M▲ 81.4%
2024 · €5.79M
2024: €5.79M
2024 → 2025
Solvency
91.3%▼ 4.0pp
2024 · 95.2%
2024: 95.2%
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20242025Trend
Turnover€8k-€0▼ 100%
Equity€5.51M-€9.58M▲ 73.8%
Operating result€-268k-€-268k=
Net result€-240k-€-1.68M▼ 601%
Result per fiscal year
Operating resultNet result
€-2.00M€-1.50M€-1.00M€-500k€0Operating result 2024: €-268k€-268kNet result 2024: €-240k€-240kOperating result 2025: €-268k€-268kNet result 2025: €-1.68M€-1.68M20242025€-2M€-1.5M€-1M€-500k€0Operating result 2024: €-268k€-268kNet result 2024: €-240k€-240kOperating result 2025: €-268k€-268kNet result 2025: €-1.68M€-1.7M20242025
The operating result stays negative: a loss of €268k in 2025 against €268k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.49M
Fixed assets €10.28M ▲ 106%
Current assets €212k ▼ 73.1%
Equity and liabilities €10.49M
Equity €9.58M ▲ 73.8%
Debt €915k ▲ 232%
Debt's share of the balance-sheet total rises from 4.8% to 8.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
-17.6%
2024 · -4.4%
ROA
-16.0%
2024 · -4.1%
Debt ≤ 1 year
€913k
2024 · €10k
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 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.79M€10.49M
Fixed assets21/28€5.00M€10.28M
Financial fixed assets28€5.00M€10.28M
Affiliated companies280/1€2.50M€2.50M=
Participating interests280€2.50M€2.50M=
Companies linked by participating interests282/3-€2.28M
Participating interests282-€2.28M
Other financial fixed assets284/8€2.50M€5.50M
Shares284€1.70M€4.65M
Amounts receivable and cash guarantees285/8€800k€850k
Current assets29/58€788k€212k
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€4k€6k
Trade receivables40€4k€4k
Other amounts receivable41€183€2k
Cash at bank and in hand54/58€765k€197k
Deferred charges and accrued income490/1€19k€9k
Equity and liabilities
Total equity and liabilities10/49€5.79M€10.49M
Equity10/15€5.51M€9.58M
Contributions10/11€5.75M€11.50M
Capital10€5.75M€11.50M
Issued capital100€11.50M€11.50M=
Uncalled capital101€5.75M€0
Profit (loss) carried forward14€-240k€-1.92M
Amounts payable17/49€276k€915k
Amounts payable within one year42/48€10k€913k
Trade debts44€3k€522k
Suppliers440/4€3k€522k
Taxes, remuneration and social security45€1k€0
Taxes450/3€1k€0
Other amounts payable47/48€5k€391k
Accrued charges and deferred income492/3€266k€2k
Income statement Code20242025
Operating income70/76A€8k€0
Turnover70€8k€0
Operating charges60/66A€276k€268k
Services and other goods61€274k€177k
Other operating charges640/8€2k€91k
Operating profit (loss)9901€-268k€-268k=
Financial income75/76B€28k€24k
Recurring financial income75€28k€24k
Income from financial fixed assets750€28k€24k
Financial charges65/66B€346€1.44M
Recurring financial charges65€346€4k
Debt charges650-€78
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€3k
Other financial charges652/9€346€272
Non-recurring financial charges66B-€1.43M
Profit (loss) for the period before taxes9903€-240k€-1.68M
Profit (loss) for the period9904€-240k€-1.68M
Profit (loss) for the period to be appropriated9905€-240k€-1.68M
Appropriation of the result
Profit (loss) to be appropriated9906€-240k€-1.92M
Profit (loss) brought forward from the previous period14P-€-240k

The notes to these accounts (43 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
22-12
State Gazette act Resignations: Matthieu De Winter, Marielle PAPY and 2 others
Appointments: Deborah GERADON, Sylvie ROUCHE and 2 others11 facts ▸
  • Board meeting, 23/05/2025
  • Director resignation, Matthieu De Winter (director)
  • Board meeting, 03/10/2025
  • Director resignation, Marielle PAPY (director)
  • Director resignation, Joyce WIECZOREK (director)
  • General meeting, 28/11/2025
  • Director appointment, Deborah GERADON (director)
  • Director appointment, Sylvie ROUCHE (director)
  • Director appointment, Michaël VANLOUBBEECK (director)
  • Director resignation, Jean-Michel JAVAUX (director)
  • Director appointment, Marielle PAPY (director)
17-12
NBB filing Annual accounts filed
fiscal year 2025 · full schema
28-08
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment4 facts ▸
  • General meeting, 26 août 2025
  • Capital increase, €18.500.000
  • Capital, €30.000.000
  • Statutes amendment
2024
13-12
NBB filing Annual accounts filed
fiscal year 2024 · full schema
27-11
State Gazette act Resignations: Fabian CULOT (director) and Anne JACOB (director)
Appointments: Jérôme HARDY (director) and Christine DEFRAIGNE (director) · Mandate compensation7 facts ▸
  • General meeting, 30/08/2024
  • Director resignation, Fabian CULOT (director)
  • Director resignation, Anne JACOB (director)
  • Director appointment, Jérôme HARDY (director)
  • Director appointment, Christine DEFRAIGNE (director)
  • Mandate compensation, Jérôme HARDY
  • Mandate compensation, Christine DEFRAIGNE
2023
19-12
State Gazette act Appointments: PWC REVISEURS D'ENTREPRISES S.R.L. (statutory auditor) and BDO REVISEURS D'ENTREPRISES S.R.L. (statutory auditor)
Permanent representatives: Mélanie ADORANTE and Cédric ANTONELLI5 facts ▸
  • General meeting, 24/11/2023
  • Auditor appointment, PWC REVISEURS D'ENTREPRISES S.R.L. (statutory auditor)
  • Permanent representative, Mélanie ADORANTE
  • Auditor appointment, BDO REVISEURS D'ENTREPRISES S.R.L. (statutory auditor)
  • Permanent representative, Cédric ANTONELLI
07-09
State Gazette act Appointments: NETHYS (director) and Joana WITHOFS (director)
Permanent representative: Grégory DEMAL · Resignation: Maxime VELTER (director)5 facts ▸
  • General meeting, 17/07/2023
  • Director appointment, NETHYS (director)
  • Permanent representative, Grégory DEMAL
  • Director resignation, Maxime VELTER (director)
  • Director appointment, Joana WITHOFS (director)
20-03
State Gazette act Resignations: Jean-Michel JAVAUX, Pascal CARLENS and 11 others
Appointments: Christophe LECLERCQ, Henri LEMAITRE and 14 others · Mandate compensation31 facts ▸
  • General meeting, 17/02/2023
  • Director resignation, Jean-Michel JAVAUX (director)
  • Director resignation, Pascal CARLENS (director)
  • Director resignation, Fabian CULOT (director)
  • Director resignation, Eric DEWINGAERDEN (director)
  • Director resignation, Nicolas DUMAZY (director)
  • Director resignation, Philippe GRISARD DE LA ROCHETTE (director)
  • Director resignation, Philippe LAMALLE (director)
  • Director resignation, Christophe LECLERCQ (director)
  • Director resignation, Henri LEMAITRE (director)
  • Director resignation, Marielle PAPY (director)
  • Director resignation, Alain PLUMIER (director)
  • +19 further facts in this act
06-01
State Gazette act Appointment: Jean-Christophe PETERKENNE (director)
2 facts ▸
  • General meeting, 14/12/2022
  • Director appointment, Jean-Christophe PETERKENNE (director)
2022
08-12
State Gazette act Incorporation
Appointments: CARLENS Pascal, CULOT Fabian and 12 others · Founder · Founding capital32 facts ▸
  • Incorporation, 6 décembre 2022
  • Founder, NOSHAQ
  • Founding capital, €11.500.000
  • Director appointment, CARLENS Pascal (director)
  • Director appointment, CULOT Fabian (director)
  • Director appointment, DEWINGAERDEN Eric (director)
  • Director appointment, DUMAZY Nicolas (director)
  • Director appointment, GRISARD de la ROCHETTE Philippe (director)
  • Director appointment, JAVAUX Jean-Michel (director)
  • Director appointment, LAMALLE Philippe (director)
  • Director appointment, LECLERCQ Christophe (director)
  • Director appointment, LEMAITRE Henri (director)
  • +20 further facts in this act
State Gazette actNBB filing

Directors · office · real estate

Directors
12 directors, no change since 2025
Marielle PAPY
Director · since 28-11-2025
Current
Michaël VANLOUBBEECK
Director · since 28-11-2025
Current
GERADON Deborah
Director · since 03-10-2025
Current
Sylvie ROUCHE
Director · since 03-10-2025
Current
Christine Defraigne
Director · since 30-08-2024
Current
Jérôme HARDY
Director · since 30-08-2024
Current
6 other directors
Joana WITHOFS
Director · since 17-07-2023
Current
NETHYS
Director · since 17-07-2023 · Legal entity · perm. rep.: Grégory DEMAL
Current
Anne JACOV
Director · since 17-02-2023
Current
Jean-Christophe PETERKENNE
Director · since 06-12-2022
Current
SARETTO Valeria
Director · since 06-12-2022
Current
TYREKIDIS Joanna Thérèse Laetitia
Daily management delegate · since 06-12-2022
Current
28-11-2025 Marielle PAPY: Appointed as Director
28-11-2025 Michaël VANLOUBBEECK: Appointed as Director
28-11-2025 Jean-Michel Javaux: Resigned as Director
03-10-2025 GERADON Deborah: Appointed as Director
03-10-2025 Sylvie ROUCHE: Appointed as Director
Full history in the Timeline (48 changes) →
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2023
establishment The establishment unit 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.

Rue Lambert-Lombard 34000 Liège
Ground area
816 m²
Building footprint
308 m²
Volume, LiDAR
4,633 m³
Parcel 62063A0171/00B000, Wallonia · tallest building 36.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
NOSHAQ ENERGY
Rue Lambert-Lombard 3, 4000 LiègeHoldings
since 20232.340.511.713
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62063A0171/00B000
ProtectedMonument
Wallonia 816 m² 1 · 308 m² 36.4 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Statutory auditor

4 auditors
B D.O, Reviseurs d'EntreprisesCurrent
Statutory auditor · represented by e20
20-03-2023 → present
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESCurrent
Statutory auditor · represented by Cédric ANTONELLI
19-12-2023 → present
PricewaterhouseCoopers Reviseurs d'EntreprisesCurrent
Statutory auditor · represented by Mélanie ADORANTE
19-12-2023 → present
PWCCurrent
Statutory auditor · represented by e22
20-03-2023 → present

Articles of association

Purpose
Le soutien et la structuration de tous projets liés au secteur de l’énergie au sens large, à la transition énergétique et le développement de l’écosystème énergétique du Groupe…
Full purpose

Le soutien et la structuration de tous projets liés au secteur de l’énergie au sens large, à la transition énergétique et le développement de l’écosystème énergétique du Groupe NOSHAQ, la prestation de tous services généralement quelconques ainsi que la réalisation d'apports financiers au bénéfice d‘entreprises à créer ou existantes, en ce compris l'analyse et le développement de projets d'infrastructures énergétiques, la gestion d'infrastructures énergétiques, la production d'énergie, la constitution de toute société commerciale ayant pour but de développer et d'exploiter des projets de production et de fourniture d'énergie ou tout autre projet de développement, de production, de distribution, installation dans le secteur de l'énergie et de la transition environnementale au sens large. La société pourra utiliser toutes les techniques de financement susceptibles de favoriser directement ou indirectement la réalisation de son objet. Elle peut notamment prendre et gérer des participations, accorder des prêts, souscrire à des emprunts, donner des garanties ou des cautionnements, renoncer à toute créance. La société pourra également conclure tout contrat et effectuer toutes opérations ou transactions mobilières, immobilières, financières, industrielles, commerciales ou civiles se rapportant directement ou indirectement, en tout ou en partie à son objet ou qui seraient de nature à en faciliter la réalisation. La société pourra aussi s'intéresser par voie d'apport, de cession, de fusion, de souscription, de participation, d'intervention financière ou autrement dans toutes entreprises, associations, sociétés ou opérations ayant un objet similaire, analogue ou connexe au sien ou de nature à en favoriser la réalisation.

Structure & network

Connections & network

59 connected companies
Marielle PAPY, Shared director, links 18 companies MPMarielle PAPYAssociation Hospitalière Sambre et Meuse, via Marielle PAPY AHAssociationHospitalière…CAP Mobilité Namur, via Marielle PAPY CMCAP MobilitéNamurCentrale de Services à Domicile de la Province de Namur - Réseau Solidaris, via Marielle PAPY CDCentrale deServices à…CENTRE DE PLANNING FAMILIAL DE LA PROVINCE DE NAMUR -RESEAU SOLIDARIS, via Marielle PAPY CDCENTRE DEPLANNING…Centre de Santé du Namurois - Réseau Solidaris, via Marielle PAPY CDCentre deSanté du…ESENCA – LIAGES de la Province de Namur – Réseau Solidaris - Réseau Solidaris, via Marielle PAPY ELESENCALIAGES de la…Fédération des Centres de Services à Domicile, via Marielle PAPY FDFédération desCentres de…La Maison d'Enfants Solidaris, via Marielle PAPY LMLa Maisond'Enfants…Latitudes J de la province de Namur, via Marielle PAPY LJLatitudes J dela province…LIAGES ASBL, via Marielle PAPY LALIAGES ASBLNOSHAQ, via Marielle PAPY NNOSHAQNOSHAQ EUROPE 3, via Marielle PAPY NENOSHAQ EUROPE3NOSHAQ IMMO, via Marielle PAPY NINOSHAQ IMMONOSHAQ ENERGY NOSHAQENERGY0794.429.604
Shared directors
Linked via shared directors
Show 55 more companies with a shared director
Centre de Santé du Namurois - Réseau Solidaris
via Marielle PAPY · Administratrice déléguée du comité de gestion
Latitudes J de la province de Namur
via Marielle PAPY · Directrice générale du réseau (comité de gestion)
LIAGES ASBL
via Marielle PAPY · Director
NOSHAQ
via Marielle PAPY, Jean-Christophe PETERKENNE and 2 others · Director
NOSHAQ EUROPE 3
via Marielle PAPY, GERADON Deborah and 2 others · Director
SORALIA DE LA PROVINCE DE NAMUR-RESEAU SOLIDARIS
via Marielle PAPY · Directrice générale du réseau (comité de gestion)
Luminus
via GERADON Deborah · Class A director
former
Mutualité Solidaris Wallonie
via GERADON Deborah · Administratrice de la mutualité
former
former
SPI
via GERADON Deborah · Director
former
DECUBE
Shared director
ECODOTA-ECOLO FEDERAL
Shared director
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Shared director
EthiasCo
Shared director
ETOPIA
Shared director
EYED PHARMA
Shared director
JEUNES MR
Shared director
LEANSQUARE
Shared director
NEWELEC
Shared director
PUBLIGAZ
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STANDARD DE LIEGE
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UCM Province de Liege
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UVELIA
Shared director

Capital and shareholders

Shareholders according to the acts
At incorporation act of 08-12-2022 ↗
  • NOSHAQ (BE 0426.624.509) 5,750,000 EUR in cash

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

Capital over the years
  1. 28-08-2025 Capital increase of 18,500,000 EUR · to 30,000,000 EUR · 18,500 new shares
  2. 08-12-2022 Incorporation · 11,500,000 EUR · 11,500 shares

Similar companies · same sector, comparable size

Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 6,161 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
Founded06-12-2022
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
64929Financial service activities, except insurance and pension funding
64999Other financial services
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

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

Contact details

2 entries
E-mail:info@noshaq.be
Enterprise
Phone:+3242216211
Enterprise