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ECOPOWER

Active
Cooperative companyfounded 199134 yrs activePosthoflei 3, 2600 Antwerpen, BelgiumKBO/BCE: BE 0445.389.356
Summary

ECOPOWER has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66.1m and a net result of €5.4m. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 84% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysis Watch Report Compare
ECOPOWERActiveChecked score 82/100
Risk analysis Report Compare

Checked score

Score 2025
82 / 100
Excellent
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+18
Solvency95▼-2
Growth74▲+3
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 0.98 in 2024; short-term debt: 16.3% and cash: 1.2% of total assets), and 30.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Electricity, gas, steam and air conditioning supply (NACE 35)
about 42% 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 2025
Solvency, return and age of the figures
Solvency
69.7%
Return on assets
5.7%
Age of the figures
9 mo
lowers risk · 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
highest failure risk from 2 to 8 years 34 years 0 40 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-05-2026, 87 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
87 d early
2024
83 d early
2023
71 d early
2022
70 d early
2021
73 d early
2020
54 d early
2019
73 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 73 days before the deadline; the sector median for financial year 2024 is 23 days before the deadline, and 27% of the sector filed late.

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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 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

History

ECOPOWER was incorporated on 18 October 1991.1 The registered office was moved to Berchem in 2013.2 The board currently has 7 members; Kathleen Markey has served longest, since 2016.3 Revenue grew from EUR 36 million in 2018 to EUR 72 million in 2025 and headcount from 38 to 48.2 full-time equivalents.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 06-12-2013
  3. 3Belgian State Gazette, 14-07-2023
  4. 4National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

In the rankings #2 company by equity in Antwerp, Energy sector#3 oldest company in Antwerp, Energy sector#4 company by total assets in Antwerp, Energy sector
Turnover
€71.9m▲ 30.8%
2024 · €55.0m
EBIT margin
7.6%▲ 10.3pp
2024 · -2.7%
Net result
€5.4m
2024 · -€894,181
Working capital
€2.1m
2024 · -€294,573
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€43.2m▲ 21.2%€78.4m▲ 81.6%€64.7m▼ 17.6%€55.0m▼ 15.0%€71.9m▲ 30.8%
Operating result-€4.3m€700,839€2.1m▲ 198%-€1.5m€5.4m
Net result-€4.1m€1.0m€2.6m▲ 153%-€894,181€5.4m
EBIT margin-10.0%▼ 18.7pp0.9%▲ 10.9pp3.2%▲ 2.3pp-2.7%▼ 5.9pp7.6%▲ 10.3pp
Equity€61.2m▼ 2.7%€63.6m▲ 3.8%€64.2m▲ 1.0%€63.1m▼ 1.7%€66.1m▲ 4.7%
Total assets€72.7m▼ 1.5%€78.5m▲ 8.0%€85.2m▲ 8.5%€87.3m▲ 2.4%€94.8m▲ 8.6%
Debt€10.7m▲ 5.8%€13.9m▲ 30.1%€19.5m▲ 40.6%€22.7m▲ 16.2%€26.6m▲ 17.4%
Working capital€11.5m▼ 2.4%€20.7m▲ 79.1%€12.5m▼ 39.5%-€294,573€2.1m
Staff (FTE)45.5▲ 7.6%47.9▲ 5.3%52.9▲ 10.4%47.3▼ 10.6%48.2▲ 1.9%
Why a figure moved sharply
  • 2023 Net result +153% on 2022. Cause not known from the registers.
  • 2022 Turnover +82% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€5.0m-€2.5m€0€2.5m€5.0mOperating result 2021: -€4.3m-€4.3mNet result 2021: -€4.1m-€4.1mOperating result 2022: €700,839€700,839Net result 2022: €1.0m€1.0mOperating result 2023: €2.1m€2.1mNet result 2023: €2.6m€2.6mOperating result 2024: -€1.5m-€1.5mNet result 2024: -€894,181-€894,181Operating result 2025: €5.4m€5.4mNet result 2025: €5.4m€5.4m20212022202320242025-€2m€0€2m€4m€6mOperating result 2023: €2.1m€2.1mNet result 2023: €2.6m€2.6mOperating result 2024: -€1.5m-€1.5mNet result 2024: -€894,181-€894,000Operating result 2025: €5.4m€5.4mNet result 2025: €5.4m€5.4m202320242025
The operating result returns to profit in 2025: €5.4m after a loss of €1.5m in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94.8m
Fixed assets €77.3m ▲ 5.2%
Current assets €17.5m ▲ 26.8%
Equity and liabilities €94.8m
Equity €66.1m ▲ 4.7%
Provisions €2.1m ▲ 40.6%
Debt €26.6m ▲ 17.4%
Debt's share of the balance-sheet total rises from 26.0% to 28.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12.5m▲
2024 · €4.3m
Cash flow
€12.4m▲
2024 · €4.9m
Current ratio
1.13▲
2024 · 0.98
Debt to equity
0.40▲
2024 · 0.36
ROE
8.2%▲
2024 · -1.4%
ROA
5.7%▲
2024 · -1.0%
Interest coverage
33.09▼
2024 · 63.48
Debt ≤ 1 year
€15.4m▲
2024 · €14.1m
Debt > 1 year
€9.4m▲
2024 · €7.0m
Income taxes
€91▼
2024 · €1,426
Staff costs
€4.7m▲
2024 · €4.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 92 lines
Balance sheet Code20242025
Assets
Total assets20/58€87.3m€94.8m▲
Fixed assets21/28€73.5m€77.3m▲
Intangible fixed assets21€1.4m€749,144▼
Tangible fixed assets22/27€65.1m€66.4m▲
Land and buildings22€852,166€796,592▼
Plant, machinery and equipment23€49.6m€61.8m▲
Furniture and vehicles24€115,223€100,481▼
Other tangible fixed assets26€90,177€64,100▼
Assets under construction and advance payments27€14.5m€3.7m▼
Financial fixed assets28€7.0m€10.2m▲
Companies linked by participating interests282/3€6.9m€10.1m▲
Participating interests282€4.5m€7.5m▲
Amounts receivable283€2.4m€2.6m▲
Other financial fixed assets284/8€69,029€60,749▼
Shares284€10,600€10,600=
Amounts receivable and cash guarantees285/8€58,429€50,149▼
Current assets29/58€13.8m€17.5m▲
Amounts receivable after more than one year29€89,280€82,080▼
Trade receivables290€89,280€82,080▼
Stocks and contracts in progress3€227,256-
Stocks30/36€227,256-
Raw materials and consumables30/31€15,266-
Finished goods33€211,990-
Amounts receivable within one year40/41€11.4m€9.3m▼
Trade receivables40€6.3m€8.4m▲
Other amounts receivable41€5.1m€933,127▼
Current investments50/53€16,797€6.0m▲
Other investments51/53€16,797€6.0m▲
Cash at bank and in hand54/58€1.0m€1.2m▲
Deferred charges and accrued income490/1€1.0m€894,513▼
Equity and liabilities
Total equity and liabilities10/49€87.3m€94.8m▲
Equity10/15€63.1m€66.1m▲
Contributions10/11€60.6m€61.3m▲
Reserves13€879,460€3.2m▲
Tax-exempt reserves132€37,500€37,500=
Distributable reserves133€841,960€3.2m▲
Investment grants15€1.6m€1.5m▼
Provisions and deferred taxes16€1.5m€2.1m▲
Provisions for liabilities and charges160/5€1.5m€2.1m▲
Other liabilities and charges164/5€1.5m€2.1m▲
Amounts payable17/49€22.7m€26.6m▲
Amounts payable after more than one year17€7.0m€9.4m▲
Financial debts170/4€7.0m€9.0m▲
Credit institutions173€7.0m€9.0m▲
Advances received on contracts in progress176-€413,223
Amounts payable within one year42/48€14.1m€15.4m▲
Current portion of amounts payable after more than one year42-€1.4m
Trade debts44€12.8m€9.6m▼
Suppliers440/4€12.8m€9.6m▼
Taxes, remuneration and social security45€1.3m€1.3m▲
Taxes450/3€774,920€729,709▼
Remuneration and social security454/9€484,876€579,525▲
Other amounts payable47/48€3,195€3.1m▲
Accrued charges and deferred income492/3€1.6m€1.8m▲
Income statement Code20242025
Operating income70/76A€58.2m€73.5m▲
Turnover70€55.0m€71.9m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€714,485-€211,609▲
Other operating income74€2.0m€1.7m▼
Non-recurring operating income76A€1.9m€71,390▼
Operating charges60/66A€59.6m€68.0m▲
Goods for resale, raw materials and consumables60€45.6m€50.8m▲
Purchases600/8€45.4m€50.8m▲
Change in stocks: decrease (increase)609€130,294€15,647▼
Services and other goods61€4.3m€4.7m▲
Remuneration, social security and pensions62€4.6m€4.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5.8m€7.0m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€865,892-€158,042▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€311,341€609,440▲
Other operating charges640/8€245,228€281,407▲
Non-recurring operating charges66A-€306,388€107,648▲
Operating profit (loss)9901-€1.5m€5.4m▲
Financial income75/76B€692,926€365,575▼
Recurring financial income75€692,926€365,575▼
Income from current assets751€324,224€200,468▼
Other financial income752/9€368,702€165,107▼
Financial charges65/66B€98,408€411,786▲
Recurring financial charges65€98,408€411,786▲
Debt charges650€67,712€377,127▲
Other financial charges652/9€30,695€34,659▲
Profit (loss) for the period before taxes9903-€892,755€5.4m▲
Income taxes67/77€1,426€91▼
Taxes670/3€1,426€91▼
Profit (loss) for the period9904-€894,181€5.4m▲
Profit (loss) for the period to be appropriated9905-€894,181€5.4m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€894,181€5.4m▲
Transfer from equity791/2€894,181-
From reserves792€894,181-
Transfer to equity691/2-€2.3m
To other reserves6921-€2.3m
Profit to be distributed694/7-€3.1m
Return on contributions (dividend)694-€3.1m
Social balance
Average headcount (FTE)908747.348.2▲

The notes to these accounts (93 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€50.4m€80.9m€66.5m€58.2m€73.5m▲ 26.4%
Turnover70€43.2m€78.4m€64.7m€55.0m€71.9m▲ 30.8%
Change in stocks of work in progress, finished goods and contracts in progress71-€546,435€433,792€433,902-€714,485-€211,609▲ 70.4%
Other operating income74€5.9m€1.2m€1.4m€2.0m€1.7m▼ 12.6%
Non-recurring operating income76A€1.9m€804,674-€1.9m€71,390▼ 96.3%
Operating charges60/66A€54.7m€80.2m€64.4m€59.6m€68.0m▲ 14.1%
Goods for resale, raw materials and consumables60€35.2m€63.7m€46.6m€45.6m€50.8m▲ 11.5%
Purchases600/8€35.2m€63.8m€46.5m€45.4m€50.8m▲ 11.8%
Change in stocks: decrease (increase)609-€44,628-€124,548€166,643€130,294€15,647▼ 88.0%
Services and other goods61€5.1m€6.6m€6.1m€4.3m€4.7m▲ 7.9%
Remuneration, social security and pensions62€3.4m€3.8m€4.7m€4.6m€4.7m▲ 2.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5.8m€5.0m€5.5m€5.8m€7.0m▲ 21.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€120,762-€235,211€966,089-€865,892-€158,042▲ 81.7%
Provisions for liabilities and charges: additions (uses and reversals)635/8€24,901€229,100€99,100€311,341€609,440▲ 95.7%
Other operating charges640/8€612,950€220,979€176,464€245,228€281,407▲ 14.8%
Non-recurring operating charges66A€4.4m€905,924€306,388-€306,388€107,648▲ 135%
Operating profit (loss)9901-€4.3m€700,839€2.1m-€1.5m€5.4m▲ 466%
Financial income75/76B€200,837€321,744€512,787€692,926€365,575▼ 47.2%
Recurring financial income75€200,837€321,744€512,787€692,926€365,575▼ 47.2%
Income from current assets751-€81,888€278,990€324,224€200,468▼ 38.2%
Other financial income752/9€200,837€239,855€233,796€368,702€165,107▼ 55.2%
Financial charges65/66B€11,791€8,691€37,044€98,408€411,786▲ 318%
Recurring financial charges65€11,791€8,691€37,044€98,408€411,786▲ 318%
Debt charges650€7,720--€67,712€377,127▲ 457%
Other financial charges652/9€4,071€8,691€37,044€30,695€34,659▲ 12.9%
Profit (loss) for the period before taxes9903-€4.1m€1.0m€2.6m-€892,755€5.4m▲ 705%
Income taxes67/77-€77--€28€1,426€91▼ 93.6%
Taxes670/3€46--€1,426€91▼ 93.6%
Tax adjustments and reversals of tax provisions77€123-€28---
Profit (loss) for the period9904-€4.1m€1.0m€2.6m-€894,181€5.4m▲ 704%
Profit (loss) for the period to be appropriated9905-€4.1m€1.0m€2.6m-€894,181€5.4m▲ 704%
Line20212022202320242025Change
Assets
Total assets20/58€72.7m€78.5m€85.2m€87.3m€94.8m▲ 8.6%
Fixed assets21/28€51.1m€45.0m€54.7m€73.5m€77.3m▲ 5.2%
Intangible fixed assets21€12.3m€3.2m€2.9m€1.4m€749,144▼ 45.5%
Tangible fixed assets22/27€38.2m€41.0m€50.8m€65.1m€66.4m▲ 1.9%
Land and buildings22€1.6m€1.4m€1.3m€852,166€796,592▼ 6.5%
Plant, machinery and equipment23€34.6m€31.2m€35.0m€49.6m€61.8m▲ 24.5%
Furniture and vehicles24€85,891€108,030€130,547€115,223€100,481▼ 12.8%
Other tangible fixed assets26€94,796€68,943€124,871€90,177€64,100▼ 28.9%
Assets under construction and advance payments27€1.8m€8.2m€14.2m€14.5m€3.7m▼ 74.5%
Financial fixed assets28€596,454€796,554€996,554€7.0m€10.2m▲ 46.1%
Companies linked by participating interests282/3€527,525€727,525€927,525€6.9m€10.1m▲ 46.7%
Participating interests282€527,525€727,525€927,525€4.5m€7.5m▲ 66.2%
Amounts receivable283---€2.4m€2.6m▲ 9.3%
Other financial fixed assets284/8€68,929€69,029€69,029€69,029€60,749▼ 12.0%
Shares284€10,500€10,600€10,600€10,600€10,600=
Amounts receivable and cash guarantees285/8€58,429€58,429€58,429€58,429€50,149▼ 14.2%
Current assets29/58€21.7m€33.6m€30.5m€13.8m€17.5m▲ 26.8%
Amounts receivable after more than one year29€116,880€103,694€94,080€89,280€82,080▼ 8.1%
Trade receivables290€116,880€103,694€94,080€89,280€82,080▼ 8.1%
Stocks and contracts in progress3€246,435€804,775€1.1m€227,256--
Stocks30/36€246,435€804,775€1.1m€227,256--
Raw materials and consumables30/31€187,655€312,203€145,560€15,266--
Work in progress32€1,341€89,476----
Finished goods33€57,439€403,097€926,475€211,990--
Amounts receivable within one year40/41€10.9m€24.4m€18.7m€11.4m€9.3m▼ 18.1%
Trade receivables40€10.4m€10.9m€13.3m€6.3m€8.4m▲ 34.4%
Other amounts receivable41€553,037€13.5m€5.4m€5.1m€933,127▼ 81.9%
Current investments50/53€3.2m€7.0m€9.0m€16,797€6.0m▲ 35,656%
Other investments51/53€3.2m€7.0m€9.0m€16,797€6.0m▲ 35,656%
Cash at bank and in hand54/58€6.4m€698,310€879,519€1.0m€1.2m▲ 15.0%
Deferred charges and accrued income490/1€797,567€557,684€723,207€1.0m€894,513▼ 14.7%
Equity and liabilities
Total equity and liabilities10/49€72.7m€78.5m€85.2m€87.3m€94.8m▲ 8.6%
Equity10/15€61.2m€63.6m€64.2m€63.1m€66.1m▲ 4.7%
Contributions10/11€58.4m€59.9m€60.5m€60.6m€61.3m▲ 1.2%
Reserves13€599,139€1.6m€1.8m€879,460€3.2m▲ 265%
Tax-exempt reserves132€37,500€37,500€37,500€37,500€37,500=
Distributable reserves133€561,639€1.6m€1.7m€841,960€3.2m▲ 277%
Investment grants15€2.2m€2.1m€1.9m€1.6m€1.5m▼ 2.2%
Provisions and deferred taxes16€860,710€1.1m€1.5m€1.5m€2.1m▲ 40.6%
Provisions for liabilities and charges160/5€860,710€1.1m€1.5m€1.5m€2.1m▲ 40.6%
Other liabilities and charges164/5€860,710€1.1m€1.5m€1.5m€2.1m▲ 40.6%
Amounts payable17/49€10.7m€13.9m€19.5m€22.7m€26.6m▲ 17.4%
Amounts payable after more than one year17€140,000€140,000€140,000€7.0m€9.4m▲ 34.0%
Financial debts170/4---€7.0m€9.0m▲ 28.1%
Credit institutions173---€7.0m€9.0m▲ 28.1%
Advances received on contracts in progress176----€413,223-
Other amounts payable178/9€140,000€140,000€140,000---
Amounts payable within one year42/48€10.1m€12.9m€17.9m€14.1m€15.4m▲ 9.4%
Current portion of amounts payable after more than one year42----€1.4m-
Trade debts44€8.8m€11.5m€14.1m€12.8m€9.6m▼ 24.9%
Suppliers440/4€8.8m€11.5m€14.1m€12.8m€9.6m▼ 24.9%
Taxes, remuneration and social security45€1.1m€1.3m€1.4m€1.3m€1.3m▲ 3.9%
Taxes450/3€700,047€864,953€794,042€774,920€729,709▼ 5.8%
Remuneration and social security454/9€448,131€475,367€642,686€484,876€579,525▲ 19.5%
Other amounts payable47/48€198,166€27,918€2.4m€3,195€3.1m▲ 96,016%
Accrued charges and deferred income492/3€403,171€840,759€1.4m€1.6m€1.8m▲ 14.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€4.1m€1.0m€2.6m-€894,181€5.4m▲ 704%
+ Depreciation and write-downs630€5.8m€5.0m€5.5m€5.8m€7.0m▲ 21.6%
Operating cash flow (approximation)€1.7m€6.0m€8.0m€4.9m€12.4m▲ 154%
Investment in fixed assets (approximation)-€1.1m-€15.2m-€24.5m-€10.9m▲ 55.6%
Change in cash--€5.7m€181,209€133,139€152,339▲ 14.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
20-01
State Gazette act Reappointment: MOORE AUDIT (statutory auditor)
Permanent representative: Jimmy Depré3 facts ▸
  • General meeting, 26-04-2025
  • Auditor reappointment, MOORE AUDIT
  • Permanent representative, Jimmy Depré
2025
31-12
Financial Back to profitnet €5.4m
Net result €5.4m after one loss-making year.
09-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
23-10
State Gazette act Resignation: Heleen Schockaert (director)
2 facts ▸
  • Board meeting, 09-04-2024
  • Director resignation, Heleen Schockaert (director)
21-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
08-11
State Gazette act Resignation: Erwin Storms (director)
2 facts ▸
  • Board meeting, 11-09-2023
  • Director resignation, Erwin Storms (director)
26-09
State Gazette act Resignations: Dirk Vansintjan, Marie Bossyns and Lucas Vermeeren
4 facts ▸
  • General meeting, 29-04-2023
  • Director resignation, Dirk Vansintjan (director)
  • Director resignation, Marie Bossyns (director)
  • Director resignation, Lucas Vermeeren (director)
14-07
State Gazette act Appointments: Greet De Gueldre, Antony Van der Hauwaert and 6 others
11 facts ▸
  • General meeting, 29-04-2023
  • Board meeting, 05-06-2023
  • Director appointment, Greet De Gueldre (director)
  • Director appointment, Antony Van der Hauwaert (director)
  • Director appointment, Bram Leys (director)
  • Director appointment, Kathleen Markey (director)
  • Director appointment, Heleen Schockaert (director)
  • Director appointment, Erwin Storms (director)
  • Director appointment, Tom Willems (director)
  • Director appointment, Gabriëlle van Zoeren (director)
  • Director appointment, Bram Leys (chair)
22-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €1.0m
Net result €1.0m after one loss-making year.
15-06
State Gazette act Appointments: Luc Vermeeren, Marie Bossyns and 4 others
Permanent representative: Jimmy Depré11 facts ▸
  • Board meeting, 18-09-2017
  • Director appointment, Luc Vermeeren (voorzitter van het bestuursorgaan)
  • Board meeting, 28-09-2021
  • Director appointment, Marie Bossyns (director)
  • Director appointment, Bram Leys (director)
  • Board meeting, 02-12-2021
  • Director appointment, Greet De Gueldre (director)
  • Director appointment, Gabrielle Van Zoeren (director)
  • General meeting, 30-04-2022
  • Auditor appointment, MOORE AUDIT
  • Permanent representative, Jimmy Depré
Show earlier events
19-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet -€4.1m
Net result drops to -€4.1m, the lowest in the series; recovery starts the following year.
07-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
21-05
State Gazette act Purpose · Statutes amendment · Legal-form change · Miscellaneous
Purpose change · Legal-form conversion · Reserve release6 facts ▸
  • General meeting, 19-04-2021
  • Purpose change, De coöperatieve vennootschap heeft hoofdzakelijk tot doel in het algemeen belang bij te dragen tot de realisatie van een koolstofneutrale samenleving en een rec…
  • Legal-form conversion, Coöperatieve vennootschap met beperkte aansprakelijkheid -> Erkende coöperatieve vennootschap
  • Reserve release, Herbestemming van statutair onbeschikbaar eigen vermogen (Vast Kapitaal + Wettelijke reserve) naar beschikbare eigenvermogensrekening
  • Representation change, De vennootschap wordt voortaan ook geldig vertegenwoordigd door de voorzitter van de raad van bestuur, alleen handelend
  • Share price, 250, EUR
2020
19-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
07-02
State Gazette act Resignation: Gust Janssen (director)
2 facts ▸
  • Board meeting, 14-11-2019
  • Director resignation, Gust Janssen (director)
2019
31-12
Financial Back to profitnet €1.5m
Net result €1.5m after one loss-making year.
23-09
State Gazette act Resignation: Ruth Stockx (director)
2 facts ▸
  • Board meeting, 03-09-2018
  • Director resignation, Ruth Stockx (director)
26-07
State Gazette act Appointment: PKF-VMB BEDRIJFSREVISOREN-RÉVISEURS D'ENTREPRISES (statutory auditor)
Permanent representative: Ingrid Vosch3 facts ▸
  • General meeting, 13-04-2019
  • Auditor appointment, PKF-VMB BEDRIJFSREVISOREN-RÉVISEURS D'ENTREPRISES
  • Permanent representative, Ingrid Vosch
30-04
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
30-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
19-03
State Gazette act Appointment: Jim Williame (day-to-day manager)
2 facts ▸
  • Board meeting, 22-01-2018
  • Director appointment, Jim Williame (day-to-day manager)
2017
26-07
State Gazette act Resignations: Kristof Deprez (director) and Jim Williame (director)
Appointments: Relirnde Baeten, Karel Derveaux and 12 others17 facts ▸
  • General meeting, 08-04-2017
  • Director resignation, Kristof Deprez (director)
  • Director resignation, Jim Williame (director)
  • Director appointment, Relirnde Baeten (director)
  • Director appointment, Karel Derveaux (director)
  • Director appointment, Kathleen Markey (director)
  • Director appointment, Ruth Stokx (director)
  • Director appointment, Erwin Storms (director)
  • Director appointment, Dirk Vansintjan (director)
  • Director appointment, Gust Janssen (director)
  • Director appointment, Luc Vermeeren (director)
  • Director appointment, Tom Willems (director)
  • +5 further facts in this act
30-06
State Gazette act Capital & shares
Business division transfer · Real estate · Accounting effect7 facts ▸
  • Business division transfer, Overdracht van de bedrijfstak 'Zonne-installaties Tielt' van EZT aan ECOPOWER
  • Real estate, Gebouw met alle aanhorigheden, op en met medegaande grond, gelegen Schoolstraat 1, Aarsele (Stad Tielt - zesde afdeling - Aarsele), sectie A, deel van nummer 42…
  • Real estate, Gebouw met alle aanhorigheden, op en met medegaande grond, gelegen Belgiëlaan 2 (Stad Tielt - tweede afdeling), sectie E, deel van nummer 449D P0001, oppervlakt…
  • Real estate, Gebouw met alle aanhorigheden, op en met medegaande grond, gelegen Meulebeeksesteenweg 2D (Stad Tielt - derde afdeling), sectie I, deel van nummer 288CP0000, op…
  • Real estate, Gebouw met alle aanhorigheden, op en met medegaande grond, gelegen Schoolstraat 5, Aarsele (Stad Tielt - zesde afdeling - Aarsele), sectie A, deel van nummer 42…
  • Real estate, Gebouw met alle aanhorigheden, op en met medegaande grond, gelegen Sportlaan (Stad Tielt - eerste afdeling), sectie K, deel van nummer 417R P0000, oppervlakte 6…
  • Accounting effect, 29-05-2017
05-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
28-09
State Gazette act Restructuring
Demerger · Real estate · Agreement5 facts ▸
  • Demerger, 51.000 EUR, Zonne-installaties
  • Real estate, Opstalrechten om op het dak van de hierna opgelijste gebouwen zonne-installaties op te richten: Sportzalen Tielt (Sportlaan 1 en 3, 8700 Tielt), Sportzaal Aarse…
  • Agreement, Kaderovereenkomst betreffende de overdracht van de bedrijfstak
  • Agreement, stille handelsvennootschap PV Tielt
  • Closing date, 10th working day after notification that all suspensive conditions are met, and at the earliest 6 weeks after filing of the act at the Court of Commerce in Ghen…
11-07
State Gazette act Resignations: Luc Motmans, Frédéric Haghebaert and 2 others
Appointments: Tim Stallaert, Talita Heijmerink and 3 others · Permanent representative: Patrick Kilian22 facts ▸
  • General meeting, 12-04-2014
  • Director resignation, Luc Motmans (controlerende vennoot)
  • Director resignation, Frédéric Haghebaert (controlerende vennoot)
  • Director resignation, Thierry Decocq (controlerende vennoot)
  • Director appointment, Tim Stallaert (controlerend vennoot)
  • Director appointment, Talita Heijmerink (controlerend vennoot)
  • Director appointment, Marko Bosman (controlerend vennoot)
  • Board meeting, 16-01-2015
  • Director resignation, Ingrid Verduyn (director)
  • Board meeting, 18-01-2016
  • Director appointment, Kathleen Markey (director)
  • Board composition, Relinde Baeten (director)
  • +10 further facts in this act
2013
06-12
State Gazette act Appointment: VCLJ Bedrijfsrevisoren bvba (statutory auditor)
Permanent representative: Rik Van Cakenberghe · Registered-office move · Power of attorney6 facts ▸
  • Board meeting
  • Registered-office move, posthoflei 3 bus 3, 2600 Berchem
  • Power of attorney, Ecopower cvba
  • General meeting, 13-04-2013
  • Auditor appointment, VCLJ Bedrijfsrevisoren bvba (statutory auditor)
  • Permanent representative, Rik Van Cakenberghe
2011
13-09
State Gazette act Resignations: Johan Hamels (controlerend vennoot) and Piet Coussens (controlerend vennoot)
Appointments: Luc Motmans, Frédéric Haghebaert and 10 others16 facts ▸
  • Director resignation, Johan Hamels (controlerend vennoot)
  • Director resignation, Piet Coussens (controlerend vennoot)
  • Director appointment, Luc Motmans (controlerend vennoot)
  • Director appointment, Frédéric Haghebaert (controlerend vennoot)
  • Director appointment, Thierry Decocq (controlerend vennoot)
  • General meeting, 10-04-2010
  • Auditor appointment, VCLJ Bedrijfsrevisoren bvba (statutory auditor)
  • General meeting, 09-04-2011
  • Director appointment, Relinde Baeten (director)
  • Director appointment, Kristof Deprez (director)
  • Director appointment, Karel Derveaux (director)
  • Director appointment, Ruth Stokx (director)
  • +4 further facts in this act
2005
27-09
State Gazette act Resignations: Wilfried Gilis, Dirk Knapen and Relinde Baeten
Appointments: Kristof Deprez, Francis Donvil and 3 others · Permanent representative: Hugo Wanner10 facts ▸
  • Director resignation, Wilfried Gilis (director)
  • Director resignation, Dirk Knapen (director)
  • Director resignation, Relinde Baeten (director)
  • Director appointment, Kristof Deprez (director)
  • General meeting, 13-04-2002
  • Director appointment, Francis Donvil (controlerende vennoot)
  • Director appointment, Netwerk Vlaanderen vzw (controlerende vennoot)
  • Permanent representative, Hugo Wanner
  • Director appointment, Jim Williame (director)
  • Director appointment, Dirk Vansintjan (director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
18 of 18 acts read

Directors · office · real estate

Directors
7 directors, no change since 2024

Board 7

Luc Vermeeren
Voorzitter van het bestuursorgaan · since 18-09-2017 · Director · since 08-04-2017
Current
Bram Leys
Chair · since 05-06-2023 · Director · since 28-09-2021
Current
Kathleen Markey
Director · since 18-01-2016
Current
Willems Tom
Director · since 08-04-2017
Current
Gabriëlle van Zoeren
Director · since 02-12-2021
Current
Greet De Gueldre
Director · since 02-12-2021
Current
Antony Van der Hauwaert
Director · since 29-04-2023
Current
4 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Karel Derveaux
Director · since 09-04-2011
Not recently confirmed
Relinde Baeten
Director · since 09-04-2011
Not recently confirmed
Ruth Stokx
Director · since 09-04-2011
Not recently confirmed
Relirnde Baeten
Director · since 08-04-2017
Not recently confirmed

Day-to-day management 1

Jim Williame
Day-to-day manager · since 22-01-2018
Not recently confirmed

Permanent representatives 1

Hugo Wanner
Permanent representative · since 13-04-2002 · for Netwerk Vlaanderen vzw
Not recently confirmed

Statutory auditor 1

Moore Audit
Auditor · since 30-04-2022 · perm. rep.: Jimmy Depré
Current

Other functions 8

Donvil Francis
Controlerende vennoot · since 13-04-2002
Not recently confirmed
Netwerk Vlaanderen vzw
Controlerende vennoot · since 13-04-2002 · Legal entity · perm. rep.: Hugo Wanner
Not recently confirmed
Marko Bosman
Controlerende vennoot · since 12-04-2014
Not recently confirmed
Talita Heijmerink
Controlerende vennoot · since 12-04-2014
Not recently confirmed
Tim Stallaert
Controlerend vennoot · since 12-04-2014
Not recently confirmed
Kristof Descheemaeker
Controlerende vennoot · since 08-04-2017
Not recently confirmed
Luc Sabbe
Controlerende vennoot · since 08-04-2017
Not recently confirmed
Serge Var Passen
Controlerende vennoot · since 08-04-2017
Not recently confirmed
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
4,968 m²
Building footprint
1,054 m²
Volume, LiDAR
17,633 m³
Parcel 11003A0134/00R002, Flanders · tallest building 24.3 m, ±6 floors. Linked by address, not a title deed.
37 companies at this address See who is registered here
1 establishment unit
ECOPOWER
Posthoflei 3, 2600 AntwerpenProduction of electricity from non-renewable sources
since 19912.054.697.748
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003A0134/00R002 Flanders 4,968 m² 1 · 1,054 m² 24.3 m · 6 fl.
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.

Mandate history

38 people since 2001, 21 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • Other function
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Kathleen Markey
  • Director, from 18-01-2016 to date
Luc Vermeeren
  • Director, from 08-04-2017 not ended, last confirmed 26-07-2017
  • Voorzitter van het bestuursorgaan, from 18-09-2017 to date
Willems Tom
  • Director, from 08-04-2017 to date
Bram Leys
  • Director, from 28-09-2021 to date
  • Chair, from 05-06-2023 to date
Gabriëlle van Zoeren
  • Director, from 02-12-2021 to date
Greet De Gueldre
  • Director, from 02-12-2021 to date
Antony Van der Hauwaert
  • Director, from 29-04-2023 to date
Moore Audit
  • Auditor, from 30-04-2022 to date
Relinde Baeten
  • Director, until 01-01-2005
  • Director, from 09-04-2011 not ended, last confirmed 13-09-2011
Karel Derveaux
  • Director, from 09-04-2011 not ended, last confirmed 26-07-2017
Ruth Stokx
  • Director, from 09-04-2011 not ended, last confirmed 26-07-2017
Relirnde Baeten
  • Director, from 08-04-2017 not ended, last confirmed 26-07-2017
Jim Williame
  • Director, from 13-04-2002 to 08-04-2017
  • Day-to-day manager, from 22-01-2018 not ended, last confirmed 19-03-2018
Donvil Francis
  • Controlerende vennoot, from 13-04-2002 not ended, last confirmed 27-09-2005
Netwerk Vlaanderen vzw
  • Controlerende vennoot, from 13-04-2002 not ended, last confirmed 27-09-2005
Marko Bosman
  • Controlerend vennoot, from 12-04-2014 not ended, last confirmed 26-07-2017
Talita Heijmerink
  • Controlerend vennoot, from 12-04-2014 not ended, last confirmed 26-07-2017
Tim Stallaert
  • Controlerend vennoot, from 12-04-2014 not ended, last confirmed 11-07-2016
Kristof Descheemaeker
  • Controlerende vennoot, from 08-04-2017 not ended, last confirmed 26-07-2017
Luc Sabbe
  • Controlerende vennoot, from 08-04-2017 not ended, last confirmed 26-07-2017
Serge Var Passen
  • Controlerende vennoot, from 08-04-2017 not ended, last confirmed 26-07-2017
Heleen Schockaert
  • Director, from 29-04-2023 to 14-10-2024
Erwin Storms
  • Director, from 09-04-2011 to 18-10-2023
Dirk Vansintjan
  • Director, from 13-04-2002 to 29-04-2023
Lucas Vermeeren
  • Director, until 29-04-2023
Marie Bossyns
  • Director, from 28-09-2021 to 29-04-2023
VCLJ Bedrijfsrevisoren
  • Statutory auditor, from 10-04-2010 to 30-04-2022
Gust Janssen
  • Director, from 08-04-2017 to 16-10-2019
Ruth Stockx
  • Director, until 30-08-2018
Kristof Deprez
  • Director, from 01-01-2002 to 08-04-2017
Frédéric HAGHEBAERT
  • Controlerend vennoot, from 12-04-2008 to 12-04-2014
Ingrid Verduyn
  • Director, from 09-04-2011 to 12-04-2014
Luc Motmans
  • Controlerend vennoot, from 12-04-2008 to 12-04-2014
Thierry Decocq
  • Controlerend vennoot, from 09-04-2011 to 12-04-2014
Piet Coussens
  • Controlerend vennoot, until 09-04-2011
Johan Hamels
  • Controlerend vennoot, until 12-04-2008
Dirk Knapen
  • Director, until 13-04-2002
Wilfried Gilis
  • Director, until 07-04-2001
See the board, name and seat on a given date →

Articles of association

Purpose
De vennootschap heeft tot doel het verzamelen van financiele middelen voor alternatieve, duurzame en hemieuwbare energieproductie, alsook het promoten naar het publiek van deze…
Full purpose

De vennootschap heeft tot doel het verzamelen van financiele middelen voor alternatieve, duurzame en hemieuwbare energieproductie, alsook het promoten naar het publiek van deze vorm van energieproductie. In bijkomende orde kan ze verbruikers van alternatieve, duurzame en hernieuwbare energie verenigen. Zij mag op om het even welke manier alle activiteiten uitoefenen die de verwezenlijking van haar maatschappelijk doel kunnen bevorderen en op enigerlei wijze aan zo'n activiteit deelnemen. Ze kan participeren in of een fusie aangaan met andere vennootschappen of ondernemingen die kunnen bijdragen tot haar ontwikkeling of deze in de hand werken.

according to the deed of 28-09-2016

Structure & network

Owners and holdings

15 owners · 5 holdings

Chain of control

  1. I. 100%
  2. ECOPOWER

Highest known parent: I.. The sources do not say who stands above it.

Owners 15

Show 5 more owners

Holdings 5

According to the 2025 annual accounts of ECOPOWER and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

3 connected companies
Depth
Willems Tom, Shared director WTWillems TomBOND BETER LEEFMILIEU VLAANDEREN, via Willems Tom BBBOND BETERLEEFMILIEU…Beauvent, Shared director BBeauventhomegrade, Shared director HhomegradeECOPOWER ECOPOWER0445.389.356
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
BOND BETER LEEFMILIEU VLAANDEREN
via Willems Tom · Director
former→
Beauvent
Shared director
→
homegrade
Shared director
→

Ownership & control

2 board mandates
Board mandates of this companythis company sits on their board2
AEB Energy Storage
WINDRÄDER AMEL-BÜLLINGEN

Acquisitions and mergers

1 transaction
Split off to:EZT
BE 0808.582.694proposal · State Gazette act of 28-09-2016

Public money · subsidies and aid

Flemish government

2022 to 2025 · 16 entries · 794,093 EUR awarded · 492,220 EUR paid
Year Entries awardedpaid
2025 4 238,259 EUR341,017 EUR
2024 5 2,936 EUR136,203 EUR
2023 4 446,715 EUR9,816 EUR
2022 3 106,183 EUR5,184 EUR
Schemes
4 entries · 381,395 EUR · 172,410 EUR paid · Fonds voor Innoveren en Ondernemen
4 entries · 336,523 EUR · 243,636 EUR paid · Vlaams Energie- en Klimaatagentschap
2 entries · 48,061 EUR · 48,061 EUR paid · Fonds voor Innoveren en Ondernemen
2 entries · 15,000 EUR · 15,000 EUR paid · Fonds voor Innoveren en Ondernemen
2 entries · 5,928 EUR · 5,927 EUR paid · Departement Werk en Sociale Economie
Show 2 more
1 entry · 4,971 EUR · 4,971 EUR paid · Vlaams Energie- en Klimaatagentschap
1 entry · 2,215 EUR · 2,215 EUR paid · Departement Werk en Sociale Economie

European Union, budget

2021 to 2022 · 5 entries · 627,645 EUR in total
Year Entries awarded
2022 1 206,938 EUR
2021 4 420,707 EUR
Projects
SCCALE 203050 - SUSTAINABLE COLLECTIVE CITIZEN ACTION FOR A LOCAL EUROPE 20-30-50
Horizon Europe · 01-06-2021 to 30-11-2024 · 253,874 EUR
ACCESS TO CAPITAL FOR COMMUNITY ENERGY
Programme for Environment and Climate Action · 01-11-2022 to 31-10-2025 · 206,938 EUR
POWER UP - SOCIAL ENERGY MARKET PLAYERS TO TACKLE ENERGY POVERTY
Horizon Europe · 01-09-2021 to 31-08-2025 · 166,833 EUR

European research

11 projects · 1 as coordinator · 2,743,465 EUR EU contribution
Programmes
10 entries · 2,743,465 EUR
1 entry
Projects
Wide scale demonstration of Integrated Solutions and business models for European smartGRID
Horizon 2020 · participant · 01-11-2016 to 30-04-2020 · 582,366 EUR · WiseGRID
RESCOOPs Mobilizing European Citizens to Invest in Sustainable Energy
Horizon 2020 · coordinator · 01-03-2015 to 28-02-2019 · 555,000 EUR · RESCOOP MECISE
Circular business models for the solar power industry
Horizon 2020 · participant · 01-06-2018 to 30-11-2022 · 458,372 EUR · CIRCUSOL
New Cost Efficient Business Models for Flexible Smart Grids
Horizon 2020 · participant · 01-01-2015 to 30-06-2018 · 280,528 EUR · NOBEL GRID
Sustainable Collective Citizen Action for a Local Europe 20-30-50
Horizon 2020 · participant · 01-06-2021 to 30-11-2024 · 253,875 EUR · SCCALE 203050
Show 6 more projects
SOCIAL ENERGY MARKET PLAYERS TO TACKLE ENERGY POVERTY
Horizon 2020 · participant · 01-09-2021 to 31-12-2025 · 204,058 EUR · POWER UP
Smart Building Ecosystem for Energy Communities
Horizon 2020 · participant · 01-06-2020 to 30-11-2023 · 186,375 EUR · REScoopVPP
REScoop Plus
Horizon 2020 · participant · 01-03-2016 to 28-02-2019 · 121,875 EUR
A holistic and Scalable Solution for Research, Innovation and Education in Energy Transition
Horizon 2020 · participant · 01-05-2019 to 30-04-2021 · 91,000 EUR · ASSET
PV FINANCING
Horizon 2020 · third party · 01-01-2015 to 30-06-2017 · 10,017 EUR
Sustainable Zero Carbon ECO-Town Developments Improving Quality of Life across EU - ECO-Life
Seventh Framework Programme · participant · 01-01-2010 to 31-12-2015 · ECO-LIFE

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Of 149 companies in sector 35120 we hold annual accounts for 80. 11 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
Founded18-10-1991
Fiscal year end31-12
Activities, NACEBEL 2025
35120Electricity, gas, steam and air conditioning supply
64999Other financial services
Contact
Website www.ecopower.be
E-mail info@ecopower.be
Phone 032873779Antwerpen
E-invoicing
Reachable via Peppol
Peppol ID 0208:0445389356
Registered 02-01-2026

Register as of 26 September 2026 · Peppol Directory

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