Equity
Equity fell by 55% in 9 years.
Equity fell by 55% in 9 years.
The result rose in 2025 from €108,617 to €225,822.
Cableco pays its suppliers 45 days earlier than in 2024. Customers pay 5 days later.
The last five annual accounts were filed 44 to 50 days before the end of the period.
New director. Latest change 02-04-2026 · 4 in office.
Higher solvency than 95% of companies in civil engineering. Sector median 40.1% · 378 companies.
The dashed line is the sector median: 0.3% across 34 companies (NACE 42, large).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, large). It does better than 99% of them on solvency, 79% on liquidity, 88% on profitability and 18% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 133 companies had the same profile as Cableco has now. Each dot is one company, two years later.
That fits the bankruptcy probability of Cableco itself: 0.3% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 133 companies, not a prediction for Cableco. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 3.61 (2.56 in 2024), above the usual 1.5. Short-term debt is 0.8% and cash 1.1% of total assets. 2.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 50 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Cableco Kortrijk | €5.9m | 5.2% | 97.9% | - |
| LCL WALLONIA ONE Gembloux | €5.6m | 26.5% | 69.1% | 10.2 |
| IRISnet Woluwe-Saint-Pierre | €37.9m | 5.1% | 54.3% | 47.1 |
| WILLIWAW Mechelen | €1.9m | 1.7% | 23.4% | - |
| BROEDERS & Co Puurs-Sint-Amands | €13.3m | 12.5% | 32.0% | 78.8 |
| SMET GWT EUROPE Dessel | €39.1m | 3.3% | 29.0% | 152.3 |
| Circet Infratechniek Schoten | €44.8m | 0.0% | 34.5% | 99.4 |
Grey: the largest companies of the sector (civil engineering (NACE 42)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Cableco: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €17m and €55m, founded between 2006 and 2017.
Cableco has existed since 2015. Turnover fell from €9.0m in 2016 to €5.9m in 2025.
Northwind holds 59.12% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 95% of 378 companies in 2025.
Higher than 81% of 373 companies in 2025.
Higher than 25% of 377 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
44.5m | 49.9m | 55.3m | 60.8m | 65.7m | 71.4m | 81.5m | 86.4m | 92.3m | 97.7m | |
20 |
- | - | - | - | - | - | 0 | - | - | - | |
21/28 |
43.2m | 48.5m | 53.8m | 59.2m | 64.5m | 69.8m | 75.1m | 80.2m | 86.3m | 91.7m | |
21 |
- | - | - | - | - | - | 0 | - | - | - | |
22/27 |
43.2m | 48.5m | 53.8m | 59.2m | 64.5m | 69.8m | 75.1m | 80.2m | 86.3m | 91.7m | |
23 |
43.2m | 48.5m | 53.8m | 59.2m | 64.5m | 69.8m | 75.1m | 80.2m | 85.9m | 91.3m | |
27 |
- | - | - | - | - | - | - | - | 424,502 | 372,913 | |
29/58 |
1.3m | 1.4m | 1.5m | 1.7m | 1.3m | 1.6m | 6.4m | 6.2m | 6.1m | 6.0m | |
40/41 |
828,207 | 754,255 | 495,793 | 424,027 | 587,951 | 527,132 | 5.7m | 5.5m | 5.6m | 5.2m | |
40 |
417,748 | 421,926 | 251,329 | 201,956 | 399,987 | 335,116 | 5.6m | 5.4m | 5.4m | 5.2m | |
41 |
410,458 | 332,329 | 244,464 | 222,071 | 187,964 | 192,016 | 117,258 | 105,421 | 146,395 | 12 | |
50/53 |
- | 300,000 | - | - | - | - | - | - | - | - | |
51/53 |
- | 300,000 | - | - | - | - | - | - | - | - | |
54/58 |
496,444 | 327,688 | 720,338 | 958,792 | 439,237 | 408,212 | 599,516 | 578,755 | 373,880 | 674,165 | |
490/1 |
- | 33,182 | 275,215 | 294,180 | 227,706 | 633,907 | 102,554 | 102,554 | 124,178 | 120,940 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
44.5m | 49.9m | 55.3m | 60.8m | 65.7m | 71.4m | 81.5m | 86.4m | 92.3m | 97.7m | |
10/15 |
43.6m | 48.9m | 54.2m | 59.5m | 64.8m | 70.1m | 80.8m | 86.1m | 91.4m | 96.7m | |
10/11 |
43.5m | 48.8m | 54.2m | 59.5m | 64.8m | 70.1m | - | 86.1m | 91.4m | 96.7m | |
100 |
- | - | - | - | - | - | - | 86.1m | 91.4m | 96.7m | |
11 |
- | - | - | - | - | 70.1m | 80.8m | - | - | - | |
1100/10 |
- | - | - | - | - | 70.1m | 80.8m | - | - | - | |
1109/19 |
- | - | - | - | - | 20,405 | - | - | - | - | |
13 |
- | - | - | - | - | - | - | 1,855 | 1,855 | 1,855 | |
130 |
- | - | - | - | - | - | - | 1,855 | 1,855 | 1,855 | |
14 |
38,579 | 23,886 | 20,574 | 25,603 | 21,382 | 27,348 | 7,927 | 10,898 | 28,786 | 8,511 | |
16 |
555,536 | 458,151 | 368,547 | 317,782 | 269,434 | 223,389 | 179,536 | 137,772 | 86,692 | 23,759 | |
160/5 |
555,536 | 458,151 | 368,547 | 317,782 | 269,434 | 223,389 | 179,536 | 137,772 | 86,692 | 23,759 | |
162 |
555,536 | - | - | - | - | - | - | - | - | - | |
164/5 |
- | 458,151 | 368,547 | 317,782 | 269,434 | 223,389 | 179,536 | 137,772 | 86,692 | 23,759 | |
17/49 |
367,302 | 584,029 | 767,200 | 1.0m | 657,104 | 1.0m | 562,326 | 213,751 | 829,072 | 916,980 | |
42/48 |
367,302 | 552,427 | 576,601 | 705,997 | 418,121 | 399,914 | 451,988 | 98,378 | 251,690 | 372,786 | |
44 |
54,355 | 311,709 | 79,026 | 373,119 | 100,342 | 97,447 | 59,194 | 5,582 | 3,917 | 59,988 | |
440/4 |
54,355 | 311,709 | 79,026 | 373,119 | 100,342 | 97,447 | 59,194 | 5,582 | 3,917 | 59,988 | |
45 |
101,818 | 135,413 | 147,251 | 108,451 | 108,208 | 100 | 1,018 | - | 1,445 | - | |
450/3 |
101,818 | 135,413 | 147,251 | 108,451 | 108,208 | 100 | 1,018 | - | 1,445 | - | |
47/48 |
211,129 | 105,305 | 350,323 | 224,427 | 209,571 | 302,367 | 391,776 | 92,796 | 246,327 | 312,797 | |
492/3 |
- | 31,602 | 190,600 | 306,609 | 238,983 | 625,660 | 110,338 | 115,372 | 577,382 | 544,194 | |
| Income statement | |||||||||||
70/76A |
7.1m | 7.5m | 7.7m | 7.5m | 7.0m | 8.3m | 7.0m | 8.1m | 6.7m | 9.0m | |
70 |
5.9m | 7.4m | 7.7m | 7.5m | 6.9m | 8.2m | 6.7m | 6.8m | 6.7m | 9.0m | |
74 |
1.2m | 74,443 | 36,326 | 34,596 | 32,949 | - | - | - | - | - | |
76A |
- | - | - | - | - | 27,746 | 211,797 | 1.2m | 10,012 | - | |
60/66A |
6.8m | 7.3m | 7.2m | 7.2m | 6.7m | 7.9m | 6.4m | 8.0m | 6.4m | 8.6m | |
60 |
308,986 | - | - | - | - | - | - | - | - | - | |
600/8 |
308,986 | - | - | - | - | - | - | - | - | - | |
61 |
1.1m | 1.9m | 1.8m | 1.8m | 1.3m | 2.5m | 1.1m | 1.1m | 999,091 | 1.5m | |
630 |
5.3m | 5.3m | 5.3m | 5.3m | 5.3m | 5.3m | 5.3m | 5.3m | 5.3m | 7.1m | |
635/8 |
97,384 | 89,604 | 50,765 | 48,348 | 46,045 | 43,853 | 41,765 | 51,080 | 62,933 | 23,759 | |
640/8 |
1,126 | 1,094 | 1,075 | 980 | 979 | 977 | 975 | 973 | 554 | 695 | |
66A |
- | - | - | - | - | - | - | 1.6m | - | - | |
9901 |
308,147 | 147,607 | 473,007 | 318,119 | 288,343 | 386,357 | 531,904 | 70,815 | 325,154 | 331,608 | |
75/76B |
1,134 | 2,298 | 0 | - | 0 | 0 | 0 | - | - | - | |
75 |
1,134 | 2,298 | 0 | - | 0 | 0 | 0 | - | - | - | |
751 |
1,134 | 2,298 | - | - | - | - | - | - | - | - | |
752/9 |
- | - | 0 | - | 0 | 0 | 0 | - | - | - | |
65/66B |
8,205 | 3,593 | 11,839 | 8,982 | 9,214 | 8,523 | 9,644 | 8,520 | 8,131 | 8,445 | |
65 |
8,205 | 3,593 | 11,839 | 8,982 | 9,214 | 8,523 | 9,644 | 8,520 | 8,131 | 8,445 | |
650 |
5 | - | - | - | - | - | - | - | - | - | |
652/9 |
8,200 | 3,593 | 11,839 | 8,982 | 9,214 | 8,523 | 9,644 | 8,520 | 8,131 | 8,445 | |
9903 |
301,076 | 146,312 | 461,168 | 309,137 | 279,129 | 377,834 | 522,261 | 62,296 | 317,022 | 323,163 | |
67/77 |
75,254 | 37,695 | 115,874 | 80,489 | 75,525 | 56,046 | 133,455 | -12,613 | 50,420 | - | |
670/3 |
75,254 | 37,695 | 115,874 | 80,489 | 75,525 | 93,567 | 133,455 | - | 50,420 | - | |
77 |
- | - | - | - | - | 37,521 | - | 12,613 | - | - | |
9904 |
225,822 | 108,617 | 345,294 | 228,648 | 203,605 | 321,788 | 388,805 | 74,908 | 266,603 | 323,163 | |
9905 |
225,822 | 108,617 | 345,294 | 228,648 | 203,605 | 321,788 | 388,805 | 74,908 | 266,603 | 323,163 | |
| Appropriation of the result | |||||||||||
9906 |
249,708 | 129,191 | 370,897 | 250,031 | 230,953 | 329,715 | 399,704 | 103,694 | 275,113 | 323,163 | |
14P |
23,886 | 20,574 | 25,603 | 21,382 | 27,348 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 1,855 | |
6920 |
- | - | - | - | - | - | - | - | - | 1,855 | |
694/7 |
211,129 | 105,305 | 350,323 | 224,427 | 209,571 | 302,367 | 391,776 | 92,796 | 246,327 | 312,797 | |
694 |
211,129 | 105,305 | 350,323 | 224,427 | 209,571 | 302,367 | 391,776 | 92,796 | 246,327 | 312,797 | |
| Document | |||||||||||
The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 11-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 11-06-2026 | 2026-00169557 | |
| 31-12-2024 | full format | 16-06-2025 | 2025-00153892 | |
| 31-12-2023 | full format | 17-06-2024 | 2024-00146377 | |
| 31-12-2022 | full format | 12-06-2023 | 2023-00127075 | |
| 31-12-2021 | full format | 15-06-2022 | 2022-20074646 | |
| 31-12-2020 | full format | 27-05-2021 | 2021-15500527 | |
| 31-12-2019 | full format | 11-06-2020 | 2020-16600505 | |
| 31-12-2018 | full format | 27-05-2019 | 2019-14800298 | |
| 31-12-2017 | full format | 06-06-2018 | 2018-16300547 | |
| 31-12-2016 | full format | 06-06-2017 | 2017-16000592 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.6m | 5.5m | 5.8m | 5.7m | 5.6m | 5.7m | 5.9m | 5.3m | 5.7m | 7.4m | ||
| 5.6m | 5.4m | 5.7m | 5.6m | 5.5m | 5.7m | 5.7m | 5.3m | 5.6m | 7.4m | ||
| 0 | 0 | 0 | 0 | 0 | 26,425 | 201,712 | 2.0m | 51,588 | 98.8m | ||
| 168,756 | -392,650 | -238,455 | 519,556 | 31,025 | -191,304 | 20,761 | 204,875 | -300,285 | - | ||
| 957,348 | 862,698 | 914,744 | 971,002 | 836,773 | 1.2m | 5.9m | 6.1m | 5.8m | 5.6m | ||
| 5.2% | 2.0% | 6.2% | 4.3% | 4.1% | 4.7% | 7.9% | 1.0% | 4.9% | 3.7% | ||
| 97.9% | 97.9% | 97.9% | 97.8% | 98.6% | 98.3% | 99.1% | 99.6% | 99.0% | 99.0% | ||
| 3.61 | 2.56 | 2.59 | 2.38 | 3.00 | 3.92 | 14.10 | 62.87 | 24.06 | 16.01 | ||
| 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | ||
| 0.5% | 0.2% | 0.6% | 0.4% | 0.3% | 0.5% | 0.5% | 0.1% | 0.3% | 0.3% | ||
| 0.5% | 0.2% | 0.6% | 0.4% | 0.3% | 0.5% | 0.5% | 0.1% | 0.3% | 0.3% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | ||
| 26 days | 21 days | 12 days | 10 days | 21 days | 15 days | 302 days | 291 days | 297 days | 211 days | ||
| 15 days | 60 days | 16 days | 76 days | 28 days | 14 days | 20 days | 2 days | 1 day | 15 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The auditor is GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fee for the audit | €5,916 | €5,668 | €5,405 | €5,369 | €4,686 |
| Other work by the auditor | - | €2,146 | €1,815 | €1,650 | €2,625 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
The operating result for 2025 is 109% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 1.2% to 0.8%. Equity and debt are lower.
Further up the chainASPIRAVI OFFSHORE 70%ASPIRAVI HOLDING 76.4%Aspiravi Holding NV consolidatesParkwind NV consolidates
Source: shareholder structure in its own accounts, parent in its own accounts
Source: list of holdings in the 2025 accounts of Northwind. Every holding stands with its own latest accounts.
Part of the group ASPIRAVI HOLDING Group, risk and exposure| Colruyt Group via Wim Colruyt, at Cableco until 2021 · Permanent representative · deed of 06-01-2022 founded in 1950 · group KORYS |
4,183 FTE (2026) |
| COLIM via Wim Biesemans, at Cableco until 2015 · Director · deed of 14-10-2011 founded in 1960 · group KORYS |
turnover €290.5m (2026) |
| Interuniversitair Micro-Electronica Centrum via Rik Van de Walle, no longer at Interuniversitair Micro-Electronica Centrum · Director · deed of 23-06-2023 founded in 1984 · group IMEC International |
2,904 FTE (2025) |
| KORYS INVESTMENTS via Wim Colruyt, at Cableco until 2021 · Director · deed of 18-01-2024 founded in 2005 · group KORYS |
total assets €1.17bn (2026) |
| BUURTWINKELS OKAY via Wim Biesemans, at Cableco until 2015 · Director · deed of 13-10-2011 founded in 1998 · group KORYS |
2,903 FTE (2026) |
| RETAIL PARTNERS COLRUYT GROUP via Wim Biesemans, at Cableco until 2015 · Director · deed of 30-09-2005 founded in 1974 · group KORYS |
797 FTE (2026) |
| Virya Energy via Wim Colruyt, at Cableco until 2021 · Director · deed of 10-05-2024 founded in 2019 · group KORYS |
turnover €9.9m (2025) |
| DATS 24 via Wim Colruyt, at Cableco until 2021 · Director · deed of 28-07-2023 founded in 2007 · group KORYS |
turnover €887.5m (2025) |
| NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ via Rik Van de Walle, no longer at NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ · Permanent representative · deed of 31-08-2011 founded in 2000 |
total assets €693.8m (2025) |
| Vlevico via Wim Biesemans, at Cableco until 2015 · Director · deed of 13-10-2011 founded in 1982 · group KORYS |
866 FTE (2026) |
| ASPIRAVI HOLDING via Rik Van de Walle, no longer at ASPIRAVI HOLDING · Managing director · deed of 13-07-2020 founded in 2011 |
turnover €5.1m (2025) |
| ASPIRAVI via Rik Van de Walle, no longer at ASPIRAVI · Director general founded in 2002 · group ASPIRAVI HOLDING |
49 FTE (2025) |
| SOLUCIOUS via Wim Biesemans, at Cableco until 2015 · Director · deed of 31-05-2010 founded in 1992 · group KORYS |
898 FTE (2026) |
| Inetum Belgium via Wim Colruyt, at Cableco until 2021 · Director · deed of 23-10-2014 founded in 1986 |
1,075 FTE (2025) |
| FLEETCO via Wim Biesemans, at Cableco until 2015 · Director · deed of 13-10-2011 founded in 1982 · group KORYS |
turnover €85.9m (2026) |
| BIO-PLANET via Wim Biesemans, at Cableco until 2015 · Director · deed of 14-10-2011 founded in 2000 · group KORYS |
532 FTE (2026) |
| DREAMLAND via Wim Biesemans, at Cableco until 2015 · Director · deed of 13-10-2011 founded in 1992 · group KORYS |
436 FTE (2025) |
| EUROWATT GREEN ENERGY GROUP via Wim Colruyt, at Cableco until 2021 · Director · deed of 20-06-2022 founded in 2022 · group KORYS |
total assets €136.6m (2025) |
| ASPIRAVI OFFSHORE via Rik Van de Walle, no longer at ASPIRAVI OFFSHORE · Managing director · deed of 28-05-2018 founded in 2002 · group ASPIRAVI HOLDING |
total assets €132.2m (2025) |
| VLAAMSE ECOLOGIE-ENERGIE- EN MILIEUONDERNEMING 3 via Rik Van de Walle, no longer at VLAAMSE ECOLOGIE-ENERGIE- EN MILIEUONDERNEMING 3 · Class B director · deed of 09-09-2020 founded in 2016 |
turnover €34.9m (2025) |
| ASPIRAVI ENERGY via Rik Van de Walle, no longer at ASPIRAVI ENERGY · Managing director · deed of 24-01-2020 founded in 2014 · group ASPIRAVI HOLDING |
turnover €84.1m (2025) |
| Vlerick Business School via Rik Van de Walle, no longer at Vlerick Business School · Director · deed of 03-12-2018 founded in 1983 |
164 FTE (2025) |
| ASPIRAVI INTERNATIONAL via Rik Van de Walle, no longer at ASPIRAVI INTERNATIONAL · Managing director founded in 2016 · group ASPIRAVI HOLDING |
total assets €76.7m (2025) |
| A&U Energie via Rik Van de Walle, no longer at A&U Energie · Managing director · deed of 19-02-2024 founded in 2017 · group MOHAWK INDUSTRIES, INC. |
turnover €27.8m (2025) |
| VLERICK RESEARCH via Rik Van de Walle, no longer at VLERICK RESEARCH · Director · deed of 04-07-2023 founded in 2001 |
14 FTE (2025) |
| WAALSE KROOK via Rik Van de Walle, no longer at WAALSE KROOK · Director · deed of 02-08-2019 founded in 2009 |
total assets €56.8m (2025) |
| LIMBURG WIN(D)T via Rik Van de Walle, no longer at LIMBURG WIN(D)T · Director · deed of 22-07-2022 founded in 2009 · group ASPIRAVI HOLDING |
turnover €23.0m (2025) |
| BIO BASE EUROPE PILOT PLANT via Rik Van de Walle, no longer at BIO BASE EUROPE PILOT PLANT · Representative · deed of 27-03-2019 founded in 2008 |
152 FTE (2025) |
| ASPIRAVI ANTILLEN via Rik Van de Walle, no longer at ASPIRAVI ANTILLEN · Managing director founded in 2016 · group ASPIRAVI HOLDING |
total assets €46.6m (2025) |
| Eoly Energy via Wim Colruyt, at Cableco until 2021 · Director · deed of 05-09-2023 founded in 2020 · group KORYS |
23 FTE (2025) |
| ASPIRAVI TRADING via Rik Van de Walle, no longer at ASPIRAVI TRADING · Director · deed of 24-01-2020 founded in 2015 · group ASPIRAVI HOLDING |
turnover €35.8m (2025) |
| POWER@SEA via Wim Biesemans, at Cableco until 2015 · Director · deed of 06-06-2019 founded in 1999 · group ACKERMANS & VAN HAAREN |
total assets €25.2m (2025) |
| LOMMEL WIN(D)T via Rik Van de Walle, no longer at LOMMEL WIN(D)T · Director · deed of 14-05-2020 founded in 2014 · group ASPIRAVI HOLDING |
turnover €3.8m (2025) |
| Vlaamse Interuniversitaire Raad via Rik Van de Walle, no longer at Vlaamse Interuniversitaire Raad · Director · deed of 19-03-2024 founded in 1978 |
38 FTE (2025) |
| IMEC International via Rik Van de Walle, no longer at IMEC International · Director · deed of 22-11-2023 founded in 2009 |
turnover €8.4m (2025) |
| A&S ENERGIE via Rik Van de Walle, no longer at A&S ENERGIE · Director · deed of 09-10-2024 founded in 2007 |
46 FTE (2025) |
| KORYS BUSINESS SERVICES I NV via Wim Colruyt, at Cableco until 2021 · Director · deed of 27-10-2025 founded in 1978 · group KORYS |
total assets €11.0m (2026) |
| Korys Business Services III NV via Wim Colruyt, at Cableco until 2021 · Permanent representative · deed of 25-03-2025 founded in 1981 · group KORYS |
total assets €9.5m (2026) |
| BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM via Rik Van de Walle, no longer at BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM · Director · deed of 12-06-2015 founded in 2003 |
2 FTE (2025) |
| DAVYTRANS via Wim Biesemans, at Cableco until 2015 · Director · deed of 13-10-2011 founded in 1973 · group KORYS |
83 FTE (2026) |
| VLAAMSE UNIVERSITEITEN EN HOGESCHOLEN RAAD via Rik Van de Walle, no longer at VLAAMSE UNIVERSITEITEN EN HOGESCHOLEN RAAD · Director founded in 2010 |
9.1 FTE (2025) |
| Associatie Universiteit Gent via Rik Van de Walle, no longer at Associatie Universiteit Gent · Director · deed of 03-01-2025 founded in 2003 |
turnover €432,224 (2025) |
| VLAAMSE ECOLOGIE-ENERGIE -EN MILIEUONDERNEMING 2 via Rik Van de Walle, no longer at VLAAMSE ECOLOGIE-ENERGIE -EN MILIEUONDERNEMING 2 · Class B director · deed of 03-11-2020 founded in 2014 |
total assets €3.8m (2025) |
| Virya H2 via VAN LEEUW CONSULTING, no longer at Virya H2 · Director · deed of 18-11-2021 founded in 2021 · group KORYS |
14 FTE (2025) |
| DEME BLUE ENERGY via Wim Biesemans, at Cableco until 2015 · Director · deed of 18-10-2019 founded in 2010 · group ACKERMANS & VAN HAAREN |
total assets €162,134 (2025) |
| KORYS MANAGEMENT via Wim Colruyt, at Cableco until 2021 · Permanent representative · deed of 02-09-2016 founded in 2006 · group KORYS |
total assets €149,988 (2026) |
| Korys Capital GP via Wim Colruyt, at Cableco until 2021 · Director (not named in the articles) · deed of 23-12-2024 founded in 2024 · group KORYS |
total assets €103,983 (2026) |
| Pensioenfonds UZ Gent - UGent via Rik Van de Walle, no longer at Pensioenfonds UZ Gent - UGent · Vice-chair · deed of 11-09-2018 |
founded in 1995 |
| Turkey Tribunal via Rik Van de Walle, no longer at Turkey Tribunal · Director · deed of 29-05-2020 |
founded in 2020 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| President Kennedypark 8A registered office 8500 Kortrijk 35130 Electricity, gas, steam and air conditioning supply | 10-06-2015 | 2.244.990.467 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34354D0092/00F000 | 5,043 m² | 1 · 811 m² | 17.6 m · 4 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0631.913.428
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