ELECTRAWINDS

In bankruptcy Public limited companyfounded 1993Fortstraat 27, 8400 OstendKBO/BCE: BE 0449.826.315 subsidiary of Electrawinds SE

ELECTRAWINDS

Follow Report

Overview

Information for creditors

Enterprise Court of Ghent, Ostend division · Official Gazette of 09-01-2019

Appeal or third-party opposition 24-01-2019Filing the claim in RegSol 02-02-2019First verification report 04-03-2019Late claim 03-01-2020

Trustees: Hugo Dekeyzer, Alain Hinderyckx. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

12 annual accounts with figures on one time axis, 23 filings since 1994

Compare with

peak €253.8m (2012)

€886,789▼ 42.3%

lowest -€159.2m (2013)

-€1.4m▲ €4.5m

peak €115.9m (2012)

-€2.2m▼ €1.4m

€2.4m▲ 34.1%

peak 88.8 FTE (2012)

1 FTE▼ 47.4%

Board33 names since 2006all names

Owners6 names in the annual accounts

consolidatesELECTRAWINDS SE

Documentsfilings and deeds

20-07-201811 days before the deadline

2017financial year

Turnover from €410,120 to €229,550Loss of €1.4mStaff from 1.9 FTE to 1 FTEAmendment of the articles 25-09New statutory auditor 12-092 directors appointed, 2 resignations, 1 reappointment 22-05

Key points

from the 2017 annual accounts, the last ones filed

Equity

-€2.2m from €115.9m in 2012

Equity fell below zero in 2016.

Debts

€2.4m 270% of the balance sheet

After one year 2%Within one year 98%

Of this, €2.4m falls due within a year.

Staff

1 FTE from 88.8 in 2012

Between 2012 and 2017, 99% of the full-time equivalents disappeared. Contribution of a branch of activity to Elicio, effective 28-05-2014.

Payment terms

569 days from customers

Customers

160 to 569

Customers pay 409 days later.

Filings

23 annual accounts 26 filings since 1994

Five of the last ten came late. The 2014 accounts came latest: 426 days after the end of the period.

At the same address

4 companies

LenH seat since 04-04-2024
KerVan seat since 21-02-2022
Groep Cfinance seat since 01-04-2020

CFINANCE HOLDING came to this address 319 days after the ruling.

No score

Board and ownership

last known board

Clercus bvba

Managing director, last mentioned in 2017

DESENDER Luc

Director, last mentioned in 2017

LDS

Director, until 2017

PDSConsulting BVBA

Director, until 2017

Electrawinds SE consolidatesbankrupt since 03-08-2018annual accounts 2017

Board & ownership

Recent changes

04-04-2024

4 companies at this address later LenH, KerVan, Groep Cfinance and CFINANCE HOLDING · since 2019

09-01-2019

Bankruptcy published Enterprise Court of Ghent, Ostend division · judgment of 03-01-2019 · Bankruptcy

24-10-2018

Resignation: Figurad Bedrijfsrevisoren (statutory auditor) General meeting of 05-10-2018 · Gazette deed

25-09-2017

Amendment of the articles General meeting of 30-08-2017 · Gazette deed

All 70 events

Official details

Source: KBO

Status: In bankruptcydeclared bankrupt on 03-01-2019
Registered office: 13 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
Activity: Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Establishment unit: 2.061.932.9588400 Ostend, since 28-05-2002
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Annual accounts 2017

: €229,550▼ 44.0%
: €1.4m▼ 76.3%
: -€2.2m▼ 170%
: €886,789▼ 42.3%
: 1 FTE▼ 47.4%
Filing: Filed on 20-07-2018

Financials

Insights on ELECTRAWINDS

Equity fell from €115.9m in 2012 to -€2.2m in 2017.

On 3 January 2019 the court declared ELECTRAWINDS bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2017

full format, standalone accounts, filed on 20-07-2018, 11 days before the deadline

€229,550

▼ 44.0%

-€4.2m

▼ €3.3m

-€4.2m

▼ €3.3m

-€1.4m

▲ €4.5m

-249.0%

▼ 195.7 percentage points

0.18

▼ 0.32

The company also filed consolidated accounts, with the figures of the whole group.

Amounts without an identifiable currency are taken as euros.

Money flows

turnover is 4.1% of income in 2017

Balance sheet

balance sheet total €886,789 on 31-12-2017

What the company ownsHow it is paid for

in €m

Staff

Men and women100% women

0 men and 1 woman in full-time equivalents in 2017.

€8,368

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2017, nobody joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	886,789	1.5m	8.4m	10.2m	131.7m	253.8m	219.0m	221.2m	140.3m	122.9m	71.8m	27.7m
`20`	0	-	0	837,916	1.9m	3.2m	699,051	842,518	717,572	888,429	1.4m	-
`21/28`	451,951	842,311	6.4m	8.3m	127.6m	157.6m	136.7m	103.5m	78.3m	85.5m	55.2m	23.6m
`21`	0	6,650	13,334	20,000	157,237	268,792	425,872	25,059	46,371	61,110	32,087	2.4m
`22/27`	1,951	5,021	5,589	21,843	3.5m	12.9m	12.7m	5.4m	1.6m	1.1m	243,997	830,666
`22`	0	-	-	-	2.6m	2.8m	3.3m	3.8m	-	-	0	677,994
`23`	-	-	-	-	183,935	694,687	1.5m	325,406	31,422	38,504	18,547	24,230
`24`	1,951	5,021	5,589	21,843	469,600	812,425	1.1m	1.0m	884,448	407,988	143,571	84,870
`26`	0	-	-	-	6,096	6,864	7,633	-	210,249	188,345	7,302	-
`27`	0	-	-	-	-	8.2m	6.5m	631	131,717	372,479	-	-
`28`	450,000	830,640	6.3m	7.4m	122.0m	141.2m	122.9m	97.3m	76.0m	83.5m	53.5m	20.4m
`280/1`	450,000	830,640	6.3m	7.4m	121.3m	133.7m	108.0m	82.8m	71.6m	83.3m	53.3m	20.4m
`280`	450,000	829,742	5.0m	5.0m	59.6m	104.7m	91.0m	63.1m	56.0m	48.4m	31.1m	10.0m
`281`	0	898	1.4m	2.5m	61.7m	29.0m	17.0m	19.7m	15.6m	34.8m	22.2m	10.4m
`282/3`	0	-	-	-	668,400	7.4m	14.8m	14.5m	4.3m	201,000	165,000	15,000
`282`	0	-	-	-	668,400	1.3m	8.7m	11.2m	4.3m	201,000	165,000	15,000
`283`	0	-	-	-	-	6.2m	6.2m	3.3m	-	-	-	-
`284/8`	-	-	-	-	-	38,497	42,275	42,525	57,275	7,625	36,133	9,918
`284`	0	-	-	-	-	36,956	42,275	42,275	57,275	7,625	7,625	7,625
`285/8`	0	-	-	-	-	1,540	-	250	-	-	28,508	2,293
`29/58`	434,837	695,350	2.1m	1.9m	4.1m	96.3m	82.3m	117.7m	61.9m	37.4m	16.6m	4.1m
`29`	-	1	-	-	42,353	233,463	233,463	1.4m	-	-	-	-
`290`	0	-	-	-	-	-	-	-	-	-	-	-
`291`	0	1	-	-	42,353	233,463	233,463	1.4m	-	-	-	-
`3`	-	-	-	-	-	-	-	4.7m	3.1m	7.7m	7.4m	-
`30/31`	0	-	-	-	-	-	-	-	-	-	-	-
`32`	0	-	-	-	-	-	-	-	-	-	-	-
`33`	0	-	-	-	-	-	-	-	-	-	-	-
`34`	0	-	-	-	-	-	-	-	-	-	-	-
`35`	0	-	-	-	-	-	-	-	-	-	-	-
`36`	0	-	-	-	-	-	-	-	-	-	-	-
`37`	0	-	-	-	-	-	-	4.7m	3.1m	7.7m	7.4m	-
`40/41`	358,085	285,067	1.8m	1.6m	3.9m	78.7m	68.5m	85.9m	53.5m	12.1m	9.0m	1.1m
`40`	348,237	180,143	443,252	745,411	3.3m	7.9m	8.9m	8.2m	6.2m	4.4m	5.2m	595,983
`41`	9,848	104,924	1.4m	832,909	607,050	70.8m	59.6m	77.7m	47.4m	7.7m	3.8m	489,823
`50/53`	9	-	-	-	-	-	-	-	-	17.5m	-	2.5m
`50`	0	-	-	-	-	-	-	-	-	-	-	-
`51/53`	9	-	-	-	-	-	-	-	-	17.5m	-	2.5m
`54/58`	53,247	405,442	136,190	216,395	115,238	1.2m	1.5m	19.5m	2.8m	57,820	194,982	502,286
`490/1`	23,496	4,840	116,877	112,618	90,085	16.2m	12.0m	6.2m	2.5m	115,667	50,868	37,104
Balance sheet: equity and liabilities
`10/49`	886,789	1.5m	8.4m	10.2m	131.7m	253.8m	219.0m	221.2m	140.3m	122.9m	71.8m	27.7m
`10/15`	-2.2m	-818,940	5.0m	5.7m	-17.4m	115.9m	83.6m	77.2m	51.7m	46.9m	36.7m	16.8m
`10/11`	132.9m	-	132.9m	132.9m	132.9m	132.9m	62.7m	61.1m	45.4m	35.4m	35.4m	15.4m
`10`	-	132.9m	-	-	-	-	-	-	-	-	-	-
`100`	132.9m	132.9m	132.9m	132.9m	132.9m	132.9m	62.7m	61.1m	45.4m	35.4m	35.4m	35.4m
`101`	0	-	-	-	-	-	-	-	-	-	-	20.0m
`11`	0	-	0	0	0	-	15.1m	6.1m	2.4m	1.6m	-	-
`1100/10`	0	-	0	0	0	-	15.1m	6.1m	2.4m	1.6m	-	-
`12`	0	-	0	0	25.9m	-	-	-	-	-	-	-
`13`	4.2m	4.2m	4.2m	4.2m	974,086	974,086	974,086	974,086	666,543	666,543	233,711	233,712
`130`	754,599	754,599	754,599	754,599	754,599	754,599	754,599	754,599	447,056	447,056	14,225	14,225
`1312`	0	-	-	-	-	-	-	-	-	-	-	-
`1319`	0	-	-	-	-	-	-	-	-	-	-	-
`132`	3.3m	3.3m	3.3m	3.3m	-	-	-	-	-	-	-	-
`133`	219,487	219,487	219,487	219,487	219,487	219,487	219,487	219,487	219,487	219,487	219,487	219,487
`14`	-139.4m	-138.0m	-132.1m	-131.5m	-177.3m	-18.1m	4.9m	9.1m	3.2m	9.3m	1.0m	1.2m
`15`	0	-	0	0	0	-	-	-	-	-	-	-
`19`	0	-	0	0	0	-	-	-	-	-	-	-
`16`	703,749	573,749	573,749	573,749	887,134	-	-	-	-	77,306	-	-
`160/5`	703,749	573,749	573,749	573,749	887,134	-	-	-	-	77,306	-	-
`160`	0	-	-	-	-	-	-	-	-	-	-	-
`161`	0	-	-	-	-	-	-	-	-	-	-	-
`162`	0	-	-	-	-	-	-	-	-	-	-	-
`163`	0	-	-	-	-	-	-	-	-	-	-	-
`164/5`	703,749	573,749	573,749	573,749	887,134	-	-	-	-	77,306	-	-
`168`	0	-	0	0	0	-	-	-	-	-	-	-
`17/49`	2.4m	1.8m	2.8m	3.9m	148.3m	138.0m	135.4m	144.0m	88.6m	76.0m	35.1m	10.9m
`17`	-	408,873	738,895	1.4m	10.5m	28.2m	92.8m	80.9m	76.2m	59.8m	9.2m	2.4m
`170/4`	-	-	-	-	10.0m	27.7m	92.8m	80.9m	76.2m	59.8m	9.2m	2.4m
`170`	0	-	-	-	2.2m	15.4m	86.9m	72.8m	68.5m	50.5m	1.3m	1.1m
`171`	0	-	-	-	-	-	-	-	-	-	-	-
`172`	0	-	-	-	50,024	190,264	82,887	1,851	18,766	36,680	54,310	21,598
`173`	0	-	-	-	7.8m	12.2m	5.9m	8.1m	7.7m	9.2m	6.8m	278,588
`174`	0	-	-	-	-	-	-	-	-	-	1.0m	1.0m
`175`	-	269,504	548,814	1.2m	421,677	421,677	-	-	-	-	-	-
`1750`	0	269,504	548,814	1.2m	421,677	421,677	-	-	-	-	-	-
`1751`	0	-	-	-	-	-	-	-	-	-	-	-
`176`	0	-	-	-	-	-	-	-	-	-	-	-
`178/9`	0	139,369	190,081	214,775	-	-	-	-	-	-	-	-
`42/48`	2.4m	1.4m	2.1m	2.5m	135.0m	108.2m	40.3m	61.7m	10.1m	14.9m	25.9m	8.4m
`42`	0	49,480	-	-	78.7m	58.0m	2.6m	2.4m	2.2m	2.0m	707,959	100,165
`43`	600,017	-	2,842	504,148	48.5m	41.6m	31.8m	53.1m	4.0m	4.9m	22.5m	7.6m
`430/8`	17	-	2,842	504,148	35.0m	41.6m	31.8m	53.1m	4.0m	4.9m	22.5m	7.5m
`439`	600,000	-	-	-	13.5m	-	-	-	-	-	-	49,500
`44`	1.2m	1.0m	1.5m	1.4m	5.3m	3.7m	3.4m	3.0m	2.6m	3.5m	2.5m	532,223
`440/4`	1.2m	1.0m	1.5m	1.4m	5.3m	3.7m	3.4m	3.0m	2.6m	3.5m	2.5m	532,223
`441`	0	-	-	-	-	-	-	-	-	-	-	-
`46`	106,439	-	-	-	-	1.1m	1.7m	2.3m	824,854	3.2m	-	83,000
`45`	99,848	59,502	201,659	283,120	1.3m	802,000	774,835	738,793	491,050	380,657	148,691	57,317
`450/3`	45,465	25,082	149,475	165,746	311,343	210,476	81,263	170,367	60,116	78,161	15,361	21,012
`454/9`	54,383	34,420	52,184	117,374	995,962	591,524	693,572	568,426	430,934	302,497	133,331	36,305
`47/48`	333,873	248,930	345,307	260,628	1.2m	2.9m	53,650	103,650	-	977,576	34,062	-
`492/3`	37,066	4,143	0	0	2.8m	1.6m	2.2m	1.4m	2.4m	1.3m	114,794	135,286
Income statement
`70/76A`	275,306	1.3m	732,098	3.7m	7.7m	12.0m	20.3m	24.3m	7.4m	3.9m	13.3m	1.7m
`70`	229,550	410,120	647,665	889,504	3.4m	8.9m	8.3m	3.4m	11.5m	3.3m	5.9m	1.6m
`71`	0	-	-	-	-	-	-	1.6m	-4.6m	266,842	7.4m	-
`72`	0	-	-	-	-	1.9m	1.7m	-	-	-	-	-
`74`	-	841,971	-	-	-	-	-	-	-	-	-	-
`76A`	41,152	5,120	8.9m	124.1m	-	271,107	6,791	-	-	17.2m	113,627	83,968
`60/66A`	4.5m	2.2m	2.4m	4.8m	34.4m	18.9m	17.3m	14.8m	10.9m	11.4m	13.3m	1.5m
`60`	441,279	605	-	-	-	-	-	-	-	361,422	6.8m	46,549
`600/8`	441,279	605	-	-	-	-	-	-	-	361,422	6.8m	20,514
`609`	0	-	-	-	-	-	-	-	-	-	-	26,035
`61`	378,702	912,633	1.2m	3.4m	10.1m	11.0m	10.3m	8.8m	6.0m	7.9m	4.6m	3.2m
`62`	8,368	74,611	159,218	1.7m	4.8m	6.2m	5.6m	4.8m	3.8m	2.1m	986,330	347,221
`630`	10,220	9,531	846,934	1.1m	10.3m	1.6m	1.3m	1.1m	1.2m	932,234	832,399	127,198
`631/4`	-197,277	258,720	-227,571	-1.3m	4.4m	-	-	19,256	-	-	-	-22,859
`635/8`	130,000	-	-	-313,385	887,134	-	-	-	-77,306	77,306	-	-70,359
`640/8`	14,827	19,067	462,332	134,020	4.0m	188,659	93,002	195,917	61,492	54,979	41,162	39,682
`649`	0	-	-	-	-	-	-	-	-	-	-	-2.2m
`66A`	3.7m	877,134	8.3m	76.8m	131.9m	12.2m	2.6m	181,876	412,787	63,593	23,103	1,321
`9901`	-4.2m	-895,090	-1.7m	-1.1m	-26.8m	-6.9m	3.0m	9.5m	-3.5m	-7.5m	52,259	224,172
`75/76B`	3.7m	855,810	756,553	4.9m	12.4m	8.0m	6.3m	5.9m	4.7m	2.4m	1.1m	216,636
`75`	447,106	743,297	756,553	4.9m	12.4m	8.0m	6.3m	5.9m	4.7m	2.4m	1.1m	216,636
`750`	446,600	735,746	756,548	4.9m	3.9m	2.6m	2.1m	5.4m	4.2m	2.3m	1.1m	201,027
`751`	9	6,189	5	1,612	8.3m	5.3m	4.2m	455,124	31,431	45,003	13,966	11,535
`752/9`	497	1,362	-	3,318	156,157	128,404	930	105,924	485,581	9,614	796	4,074
`76B`	3.2m	112,513	-	-	-	-	-	-	-	-	-	-
`65/66B`	837,977	5.8m	274,351	1.9m	12.9m	12.2m	10.9m	9.1m	6.9m	3.4m	1.4m	361,961
`65`	27,615	64,024	274,351	1.9m	12.9m	12.2m	10.9m	9.1m	6.9m	3.4m	1.4m	361,961
`650`	24,427	10,082	76,461	1.9m	12.7m	11.8m	10.3m	8.9m	6.3m	3.4m	1.4m	354,566
`651`	0	-	-	-	23,345	-	-	-	-	-	-	-504
`652/9`	3,187	53,942	197,890	28,337	182,082	366,707	514,716	167,470	538,281	20,802	64,183	7,899
`66B`	810,363	5.8m	-	-	-	-	-	-	-	-	-	-
`9903`	-1.4m	-5.9m	-666,555	49.2m	-159.2m	-23.0m	-4.2m	6.2m	-6.0m	8.7m	-163,216	161,494
`67/77`	41	4,357	0	117,781	18,753	-	-127	-	-	-0	-	-
`670/3`	41	4,357	-	123,103	18,763	-	-	-	-	-	-	-
`77`	0	-	-	5,322	10	-	127	-	-	0	-	-
`9904`	-1.4m	-5.9m	-666,555	49.1m	-159.2m	-23.0m	-4.2m	6.2m	-6.0m	8.7m	-163,216	161,494
`789`	0	-	0	0	0	-	-	-	-	-	-	-
`689`	0	-	0	3.3m	0	-	-	-	-	-	-	-
`9905`	-1.4m	-5.9m	-666,555	45.8m	-159.2m	-23.0m	-4.2m	6.2m	-6.0m	8.7m	-163,216	161,494
Appropriation of the result
`9906`	-139.4m	-138.0m	-132.1m	-131.5m	-177.3m	-18.1m	4.9m	9.4m	3.2m	9.7m	1.0m	1.2m
`14P`	-	-132.1m	-	-	-	-	-	-	-	-	-	-
`791`	0	-	-	-	-	-	-	-	-	-	-	-
`792`	0	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	307,543	-	432,831	-	8,075
`691`	0	-	-	-	-	-	-	-	-	-	-	-
`6920`	0	-	-	-	-	-	-	307,543	-	432,831	-	8,075
`6921`	0	-	-	-	-	-	-	-	-	-	-	-
`694`	0	-	-	-	-	-	-	-	-	-	-	-
`695`	0	-	-	-	-	-	-	-	-	-	-	-
`696`	0	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	1	1.9	2.3	23.3	72.1	88.8	84.8	74.4	57.5	37.2	21.7	8.2
Men (FTE)`1003`	0	-	1.3	11.5	37.8	46.9	-	-	-	-	-	-
Women (FTE)`1003`	1	-	1	11.8	34.3	41.9	-	-	-	-	-	-
Agency workers`1501`	0	-	-	0.4	-	0.7	1.1	2.2	1	1	0	0.1
Hours worked`1013`	0	-	2,574	35,636	104,586	143,680	140,281	125,166	94,452	62,218	35,635	12,843
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 11 older financial years (1994-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2017 (PDF), filed on 20-07-2018.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2017	full format	20-07-2018	2018-36100069	PDF
31-12-2016	full format	07-11-2017	2017-69500264	PDF
31-12-2015	full format	09-11-2016	2016-67800144	PDF
31-12-2014	full format	29-09-2016	2016-63700588	PDF
31-12-2013	full format	12-08-2015	2015-42900107	PDF
31-12-2012	full format	06-08-2013	2013-40400240	PDF
31-12-2011	consolidated	31-08-2012	2012-54600346	PDF
31-12-2011	full format	25-07-2012	2012-35000244	PDF
31-12-2010	consolidated	08-08-2011	2011-39900090	PDF
31-12-2010	full format	05-07-2011	2011-26500285	PDF
31-12-2009	consolidated	23-08-2010	2010-45300168	PDF
31-12-2009	full format	30-06-2010	2010-25300256	PDF
31-12-2008	full format	05-06-2009	2009-21300320	PDF
31-12-2007	full format	22-07-2008	2008-45200090	PDF
31-12-2006	full format	28-09-2007	2007-76000044	PDF
31-12-2005	full format	30-06-2006	2006-38003899	PDF
31-12-2004	full format	29-09-2005	2005-76401071	PDF
30-11-2003	full format	01-07-2004	2004-40402870	PDF
30-11-2002	full format	30-06-2003	2003-35405169	PDF
30-11-2001	full format	12-07-2002	2002-36600254	PDF
31-12-1999	full format	28-07-2000	2000-46500148	PDF
31-12-1998	full format	08-11-1999	1999-56902111	PDF
31-12-1997	full format	09-12-1998	1998-60900561	PDF
31-12-1996	full format	12-08-1997	1997-37302665	PDF
31-12-1995	abbreviated format	05-02-1997	1997-01603227	PDF
31-12-1994	abbreviated format	04-02-1997	1997-01602026	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
-4.2m	-885,559	-818,582	-45,199	-16.5m	-5.3m	4.2m	10.5m	-2.3m	-6.6m	884,658	351,370
-1.4m	-5.9m	180,379	50.2m	-148.9m	-21.4m	-2.9m	7.2m	-4.8m	9.6m	669,182	288,692
500	-5.5m	3,645	4.5m	3.6m	28.9m	37.2m	18.7m	18.3m	22.6m	21.6m	10.0m
-352,195	269,252	-80,204	101,156	-1.0m	-333,909	-18.0m	16.6m	2.8m	-137,162	-307,304	-
-1.9m	-674,486	-5,603	-586,114	-130.9m	-11.9m	42.0m	56.0m	51.9m	22.6m	-9.2m	-4.2m
-	-	-	-	-	-77.5%	35.8%	-	-30.3%	-	0.9%	13.7%
-249.0%	-53.3%	59.8%	55.9%	-13.2%	45.6%	38.2%	34.9%	36.9%	38.1%	51.1%	60.7%
0.18	0.51	1.00	0.76	0.03	0.89	2.04	1.91	6.16	2.52	0.64	0.49
0.18	0.51	1.00	0.76	0.03	0.89	2.04	1.83	5.85	2.00	0.36	0.49
-	-	0.56	0.69	-	1.19	1.62	1.86	1.71	1.62	0.96	0.65
-	-	-13.2%	858.6%	-	-19.8%	-5.0%	8.0%	-11.7%	18.5%	-0.4%	1.0%
-156.6%	-381.5%	-7.9%	480.4%	-120.9%	-9.1%	-1.9%	2.8%	-4.3%	7.0%	-0.2%	0.6%
-173.30	-87.84	-10.71	-0.02	-1.30	-0.45	0.41	1.18	-0.36	-1.96	0.65	0.99
554 days	160 days	250 days	306 days	351 days	324 days	390 days	869 days	195 days	485 days	324 days	133 days
540 days	404 days	485 days	153 days	190 days	123 days	121 days	126 days	157 days	156 days	81 days	60 days

EBIT margin. Not meaningful: turnover is only a small part of operating income.

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Auditor

fees

Item	2016
Fee for the audit	€8,000

Source: notes to the 2016 annual accounts (relations with the auditor)

Insights on ELECTRAWINDS

The operating result for 2017 is a loss of €4.2m, larger than the loss of €895,090 in 2016. It is the lowest result since 2013.

Equity is negative. Debt (€2.4m) exceeds the balance-sheet total (€886,789).

Large changes and their cause

2015 Staff (FTE) -90% on 2014. Contribution of a branch of activity to Elicio, effective 28-05-2014, in the previous financial year. That operation now counts for a full year for the first time.
2014 Turnover -74%, Total assets -92%, Staff (FTE) -68% on 2013. Contribution of a branch of activity to Elicio, effective 28-05-2014.

Board & ownership

Curators

the curators have managed the company since 03-01-2019

Hugo Dekeyzer

Curator, Torhoutsesteenweg 266, 8210 Zedelgem

Also on 17 other cases

Alain hinderyckx

Curator, Kortrijksesteenweg 567, 9000 Gent

Mandates through the years

33 names

All 33 In office 0 Ended 33

Figurad Bedrijfsrevisoren
Statutory auditor

Clercus bvba
Managing director

DESENDER Luc
Alternate director

Ernst & Young Bedrijfsrevisoren
Statutory auditor

LDS
Director

PDSConsulting BVBA
Director

PDS Consulting BVBA
Member of the executive committee

BURACO NV
Chair and director

Mercodi BVBA
Director

PAUL DESENDER CONSULTING
Director

Bertrand Bornhauser
Director

Dirk Dewals
Director

MAENHOUT Peter Stefaan
Director

Manuel Erick VANDENBULCKE
Director

Société Fédérale de Participations et d'Investissements / Federale Participatie- en Investeringsmaatschappij
Director

Winpar
Director

PARTICIPATIEMAATSCHAPPIJ VLAANDEREN
Director

Grant Thornton, Lippens & Rabaey BV CVBA
Statutory auditor

CV Grant Thornton
Statutory auditor

BVBA Jasylco
Member of the executive committee

BVBA Merv-C
Member of the executive committee

BVBA Triple A Consulting
Member of the executive committee

BVBA Yante
Member of the executive committee

Defilien BVBA
Member of the executive committee

Jeroen Mouton Comm. V.
Member of the executive committee

Peso Verde BVBA
Member of the executive committee

Paul Vandekerckhove
Waarnemend voorzitter

JVL
Director and chair

Peter Maenhout
As bestuurder (op voordracht van gimv en gimv xl partners)

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT
Director

Dirk Kooman
Director

Pieter de Jong
Director

KBM Beheer BV
Director

Earliermandate already running before its first mentionend not datedBankruptcy 03-01-2019

Mandates as a list

Figurad Bedrijfsrevisoren
- Statutory auditor, appointed by deed of 12-09-2017, until 05-10-2018
Clercus bvba
- Director, appointed by deed of 21-12-2016, last mentioned in 2016
- Chair, appointed by deed of 18-06-2014, last mentioned in 2014
- Managing director, appointed by deed of 22-05-2017, last mentioned in 2017
DESENDER Luc
- Managing director and chair of the board, until 04-07-2007
- Alternate director, appointed by deed of 22-05-2017, last mentioned in 2017
Ernst & Young Bedrijfsrevisoren
- Statutory auditor, until 03-05-2017
LDS
- Chair of the board, appointed by deed of 10-07-2007, ended, last mentioned on 10-07-2007
- Director, appointed by deed of 10-07-2007, until 07-04-2017
- Managing director, appointed by deed of 10-07-2007, until 02-12-2014
PDSConsulting BVBA
- Director, until 07-04-2017
PDS Consulting BVBA
- Director, from before 01-12-2006, last mentioned in 2010
- Member of the executive committee, appointed by deed of 25-06-2010, last mentioned in 2015
BURACO NV
- Director, from before 01-12-2006, last mentioned in 2012
- Chair and director, until 08-05-2014
Mercodi BVBA
- Director, appointed by deed of 25-06-2010, until 24-12-2013
PAUL DESENDER CONSULTING
- Director, from before 26-10-2012, last mentioned in 2012
Bertrand Bornhauser
- Director, from before 01-12-2006 to 26-10-2012
Dirk Dewals
- Director, appointed by deed of 25-06-2010, until 26-10-2012
MAENHOUT Peter Stefaan
- Director, until 26-10-2012
Manuel Erick VANDENBULCKE
- Director, until 26-10-2012
Société Fédérale de Participations et d'Investissements / Federale Participatie- en Investeringsmaatschappij
- Director, until 26-10-2012
Winpar
- Director, until 26-10-2012
PARTICIPATIEMAATSCHAPPIJ VLAANDEREN
- Director, until 22-10-2012
Grant Thornton, Lippens & Rabaey BV CVBA
- Statutory auditor, appointed by deed of 31-08-2011, until 31-08-2011
CV Grant Thornton
- Statutory auditor, appointed by deed of 14-09-2009, until 01-06-2011
BVBA Jasylco
- Member of the executive committee, appointed by deed of 25-06-2010, last mentioned in 2010
BVBA Merv-C
- Member of the executive committee, appointed by deed of 25-06-2010, last mentioned in 2010
BVBA Triple A Consulting
- Member of the executive committee, appointed by deed of 25-06-2010, last mentioned in 2010
BVBA Yante
- Member of the executive committee, appointed by deed of 25-06-2010, last mentioned in 2010
Defilien BVBA
- Member of the executive committee, appointed by deed of 25-06-2010, last mentioned in 2010
Jeroen Mouton Comm. V.
- Member of the executive committee, appointed by deed of 25-06-2010, last mentioned in 2010
Peso Verde BVBA
- Member of the executive committee, appointed by deed of 25-06-2010, last mentioned in 2010
Paul Vandekerckhove
- Waarnemend voorzitter, appointed by deed of 01-06-2010, last mentioned in 2010
JVL
- Director and chair, until 20-05-2010
Peter Maenhout
- As bestuurder (op voordracht van gimv en gimv xl partners), appointed by deed of 25-01-2010, last mentioned in 2010
- As bestuurder (op voordracht van gimv en gimv xl partners), appointed by deed of 25-01-2010, last mentioned in 2010
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT
- Director, appointed by deed of 30-11-2009, last mentioned in 2009
Dirk Kooman
- Director, appointed by deed of 10-07-2007, until 06-03-2009
Pieter de Jong
- Director, appointed by deed of 05-01-2007, until 06-03-2009
KBM Beheer BV
- Director, appointed by deed of 05-01-2007, until 04-07-2007

See the board, name and registered office on a given date →

Control

Consolidating parent

Electrawinds SE

bankrupt on 03-08-2018

Source: parent in own accounts 2017

consolidates

This company

ELECTRAWINDS

Equity -€2.2m

Loss €1.4m in 2017

Capital

Capital: €132,949,846.15
Shares: 25,190,553 in the deed of 21-11-2012 and 1 later capital increase
Contribution per share: €5.28
Equity per share: -€0.09 in 2017
Source: 2017 annual accounts

Owners through the years

as the annual accounts name them

1% until 2015

1% until 2012

1.33% until 2011

48.5% until 2010

KAYROS SPECIAL SITUATIONS FUND

0.71% until 2010

Owners as a list

ELECTRAWINDS SE
- 2012 to 2017: consolidates
PESO-VERDE
- 2011 to 2012: 1%
- 2015: 1%
STOFFEERDER MOEYAERT
- 2011 to 2012: 1%
MERV C
- 2011: 1.33%
WINPAR
- 2009 to 2010: 48.5%
KAYROS SPECIAL SITUATIONS FUND

Source: parent in its own accounts, lists of holdings in the owners' accounts

Capital transactions

Shareholders according to the deeds

After the capital increase deed of 07-11-2012 ↗

GIMV 172,114 shares
Adviesbeheer GIMV-XL NV 24,588 shares
GIMV-XL Partners 281,316 shares
Belfius Bank NV 204,865 shares

Capital over time

21-11-2012 Capital increase of €6,593,672.16 · to €71,365,973.29 · 2,130,567 new shares
21-11-2012 Capital increase of €35,506,327.84 · to €106,872,301.13 · no new shares · from reserves
21-11-2012 Capital increase of €26,077,545.02 · to €132,949,846.15 · no new shares · from reserves
07-11-2012 Capital increase of €2,113,384.19 · to €64,772,301.13 · 682,883 new shares, 3.3% of the 20,929,419 shares after the increase
03-02-2012 Capital increase of €1,556,674.02 · to €62,658,916.94 · 503,778 new shares at €19.85 per share, 2.5% of the 20,246,536 shares after the increase
26-01-2011 Capital increase of €704,482.80 · to €61,102,242.92 · 227,627 new shares, 1.2% of the 19,742,758 shares after the increase
26-01-2011 Capital increase of €1,888,659.96 · to €47,286,401.72 · 780,438 new shares
26-01-2011 Capital increase of €13,111,358.40 · to €60,397,760.12 · no new shares · from reserves

Show 5 older capital entries

25-01-2010 Capital stated in the deed · €45,397,741.76 · 18,734,693 shares
30-11-2009 Capital increase of €1,009,591.52 · to €36,404,591.52 · 520,408 new shares
30-11-2009 Capital increase of €8,992,650.24 · to €45,397,241.76 · no new shares · from reserves
05-01-2007 Capital increase of €30,000,000 · to €35,395,500 · 3,214,285 new shares
29-12-2006 Capital increase of €5,334,000 · to €5,395,500 · 571,500 new shares · in kind

Office holders in the KBO →

Network & group

Holdings

own 2017 accounts

This companyELECTRAWINDS14 holdings, 7 countries 2017 accounts

Belgium 1 Year Equity Result

BE Energo Services99.47%open bankruptcy 2017-€26,374 result -€8,164 (2017)

Europe 11 Year Equity Result

FR Biomelec SAS50% 2016-1.4m result 0 (2016)
RO Electrawinds Chimconsult SRLvia 100% 2017-9.8m result -2.5m (2017)
RO Electrawinds Genco Biomass S.R.L.75% 2017-889,756 result -121,212 (2017)
PL Electrawinds Polen99.98% 2016-13.3m result -1.7m (2016)
IT Electrawinds San Severo75% 2016-80,705 result 0 (2016)
BG Electrawinds Shabla JSCo99.99% 20173.9m result -26,000 (2017)
BG Electrawinds Shabla South JSCo99.99% 20175.1m result -139,000 (2017)
IT EW Alexina75% 0 result 0
IT EW Pontederavia 100% 2017-298,926 result 129,137 (2017)
RO SC Electrawinds RSA99.96% 2017-16.5m result -8.0m (2017)
IT spa Electrawinds Italia 2017711,515 result -1.0m (2017)

Africa 2 Year Equity Result

ZA Caledon Wind 0 result 0
ZA Electrawinds Wesley 2016-26,122 result 0 (2016)

Source: list of holdings in its own 2017 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Parent

Electrawinds SE

0671.966.510

bankrupt on 03-08-2018

At the same address

Fortstraat 27, 8400 Ostend · 12 other companies

CFINANCE HOLDING registered office since 18-11-2019 · founded in 2019	total assets €3.4m (2025) 0737.797.638
CFINANCE VERZEKERINGEN registered office since 01-08-2018 · founded in 1997	total assets €550,228 (2025) 0460.316.963
JGD registered office since 21-01-2010 · founded in 2010	total assets €474,769 (2025) 0822.484.972
FoundCOM registered office since 19-07-2017 · founded in 2017	total assets €445,620 (2020) 0678.743.246
OSTEND FINANCE registered office since 07-04-1997 · founded in 1997	4.4 FTE (2026) 0460.302.117
ENERGO SERVICES registered office since 10-06-2010 · founded in 2010	1.8 FTE (2017) 0826.719.023
JGD IMMO registered office since 13-01-1994 · founded in 1993	total assets €20,003 (2025) 0451.576.372
LenH registered office since 04-04-2024	founded in 2024 1007.984.507
KerVan registered office since 21-02-2022	founded in 2022 0782.401.208
Groep Cfinance registered office since 01-04-2020	founded in 2020 0745.691.062

and 2 more

Earlier ties

BlueAlp Oostende Recycling via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Director · deed of 18-10-2023 founded in 2018 · negative equity (2025)	27 FTE (2025)
BASKET@SEA via Johan Vande Lanotte, permanent representative of ELECTRAWINDS · Director · deed of 03-07-2020 founded in 2020 · negative equity (2025)	37 FTE (2025)
TRIDES HOLDING via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Director · deed of 10-02-2025 founded in 2007 · accounts filed late	total assets €3.2m (2024)
LDS via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Permanent representative · deed of 28-09-2012 founded in 2006 · negative equity (2024) · accounts filed late	total assets €1.0m (2024)
H2-Time via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Director (not named in the articles) · deed of 27-05-2022 founded in 2022 · negative equity (2023)	total assets €5,701 (2023)
Otary RS via Johan Vande Lanotte, permanent representative of ELECTRAWINDS · Director · deed of 11-04-2011 founded in 2011	42 FTE (2024)

Show 12 more earlier ties

Mu.ZEE - Kunstmuseum aan Zee, via Johan Vande Lanotte, permanent representative of ELECTRAWINDS · Stemgerechtigd lid raad van bestuur en stemgerechtigd lid algemene vergadering · deed of 26-03-2013 founded in 2010	30 FTE (2025)
RenaSci Oostende Smart Chain Processing via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Director · deed of 18-10-2023 founded in 2018	turnover €285,269 (2025)
Zymofix via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Director · deed of 27-07-2022 founded in 2022	12 FTE (2025)
Renasci via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Day-to-day manager · deed of 27-01-2023 founded in 2015	turnover €741,268 (2025)
Ouroboros Invest via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Permanent representative · deed of 29-04-2024 founded in 1983 · group Het Vroonhof	total assets €892,993 (2025)
Decoil via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Director · deed of 29-04-2024	founded in 2024
Ecopia via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Managing director · deed of 26-06-2024	founded in 2024
Ecopia EcoBHET Oostende via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Director · deed of 16-04-2026	founded in 2026
Ecopia EcoCment via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Director · deed of 28-04-2025	founded in 2025
Ecopia End2Waste Holding via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Managing director · deed of 31-01-2025	founded in 2025
Ecopia End2Waste Oostende via DESENDER LUC, at ELECTRAWINDS, last mentioned in 2017 · Managing director · deed of 27-03-2025	founded in 2025
RENEWABLE ENERGY BASE OSTEND via Johan Vande Lanotte, permanent representative of ELECTRAWINDS · Permanent representative · deed of 05-11-2010 No longer active · founded in 2010	turnover €460,330 (2026)

Holdings through the years

2006 to 2017

Holdings through the years
Name	2006	2007	2008	2009	2010	2011	2012	2013	2014	2017
Caledon WindZA 2017: 100%										100%
Electrawinds Chimconsult SRLRO 2013 to 2017: via 100%								via 100%
Electrawinds WesleyZA 2014 to 2017: 100%									100%
EW PontederaIT 2017: via 100%										via 100%
spa Electrawinds ItaliaIT 2008 to 2017: 100%			100%
Electrawinds Shabla JSCoBG 2009 to 2017: 99.99%				99.99%
Electrawinds Shabla South JSCoBG 2009 to 2017: 99.99%				99.99%
Electrawinds PolenPL 2008: 99% 2009 to 2010: 99.94% 2011: 99.95% 2012 to 2017: 99.98%			99%	99.94%		99.95%	99.98%
SC Electrawinds RSARO 2009 to 2010: 98% 2011: 99.94% 2012 to 2017: 99.96%				98%		99.94%	99.96%
ENERGO SERVICES 2010 to 2015: 99.46% 2017: 99.47%					99.46%					99.47%
Electrawinds Genco Biomass S.R.L.RO 2011: 99% 2012 to 2017: 75%						99%	75%
Electrawinds San SeveroIT 2017: 75%										75%
EW AlexinaIT 2017: 75%										75%
Biomelec SASFR 2013: via 50% 2014 to 2015: 100% 2017: 50%								via 50%	100%	50%
Atmosphere SRLIT 2013 to 2015: via 100%								via 100%
Calendon Wind Energy Trading (Pty) LTDZA 2014 to 2015: 100%									100%
Electrawinds Pontedera SRLIT 2006 to 2007: 100% 2013 to 2015: via 100%	100%							via 100%
Electrawinds UK LtdGB 2014 to 2015: 100%									100%
Electrawinds VranRO 2010 to 2015: 100%					100%
LowtideIT 2006 to 2008: 99.98% 2009 to 2012: 99.99% 2013 to 2015: via 100%	99.98%			99.99%				via 100%
REG 4 SRLIT 2013 to 2015: via 100%								via 100%
GREENCO 2006 to 2007: 100% 2008 to 2015: 99.75%	100%		99.75%
ELECTRAWINDS EVOLIS BIOMASSA 2007 to 2015: 99%		99%
Electrawinds AlexinaIT 2012 to 2013: 100% 2014 to 2015: 75%							100%		75%
Electrawinds San ServeroIT 2012 to 2015: 75%							75%
Biomarcs SASFR 2013: via 100% 2014: 100%								via 100%	100%
Electrawinds Africa and Indian Ocean IslandsZA 2012: 99% 2013 to 2014: 100%							99%	100%
Electrawinds BulgariaBG 2007 to 2014: 100%		100%
Electrawinds Coega SonopZA 2014: via 100%									via 100%
Electrawinds SeelandZA 2014: 100%									100%
Electrawinds SewecoZA 2013 to 2014: via 100%								via 100%
TRIDES HOLDING 2007 to 2014: 99.17%		99.17%
Electrawinds Coega LTDZA 2013: 100% 2014: via 97.24%								100%	via 97.24%
Electrawinds AWF d.o.o.RS 2013: 100%								100%
Electrawinds Bretagne 1 SASFR 2013: via 100%								via 100%
Electrawinds BVNL 2007 to 2008: 98% 2009 to 2013: 100%		98%		100%
Electrawinds GreenFuel BVNL 2013: via 100%								via 100%
Electrawinds K-Wind d.o.o.RS 2013: via 100%								via 100%
Electrawinds Mali AWF d.o.o.RS 2013: 100%								100%
Electrawinds Morbihan SASFR 2013: via 100%								via 100%
ELICIO WIND BELGIUM 2006: 100% 2007 to 2009: 99.06% 2013: via 100%	100%	99.06%						via 100%
Energo ZelenaRS 2013: via 100%								via 100%
Parc Eolien Bois De Grisan SASFR 2013: via 100%								via 100%
Societe du Parc Eolien La Tourelle SASFR 2013: via 100%								via 100%
Biopower Storage 2011 to 2013: 99.99%						99.99%
Electrawinds France SASFR 2007: 100% 2008: 99.99% 2009 to 2010: 99.92% 2011 to 2013: 99.99%		100%	99.99%	99.92%		99.99%
Biopower Oostende 2006: 76% 2007 to 2008: 99.97% 2009 to 2013: 99.98%	76%	99.97%		99.98%
ELICIO OFFSHORE 2010 to 2013: 99.97%					99.97%
Elicio WP 2006: 99% 2007 to 2013: 99.88%	99%	99.88%
Electrawinds - S d.o.o.RS 2009 to 2010: 99% 2011: 99.64% 2012 to 2013: 99.77%				99%		99.64%	99.77%
ELICIO PLUS 2011 to 2012: 86.78% 2013: 99.67%						86.78%		99.67%
Elicio SLH 2009: 99.17% 2010: 100% 2011 to 2013: 99.17%				99.17%	100%	99.17%
AD Biodiesel SASFR 2013: 99%								99%
ELECTRAWINDS DISTRIBUTIE 2007 to 2013: 99%		99%
Electrawinds KenyaKE 2012 to 2013: 99%							99%
ELECTRAWINDS BIOMASSE MOUSCRON 2006 to 2011: 87.72% 2012 to 2013: 98.17%	87.72%						98.17%
Parc Eolien Croix des 3 Chesnots SASFR 2013: via 93%								via 93%
BIOSTOOM OOSTENDE 2006: 99.98% 2007 to 2008: 99.99% 2009 to 2011: 79.99% 2012 to 2013: 80%	99.98%	99.99%		79.99%			80%
EVOLIS WIND 2007 to 2010: 99% 2011 to 2013: 74%		99%				74%
Electrawinds RefuelNL 2012 to 2013: 70%							70%
Elicio Maldegem 2009 to 2010: 99.99% 2011 to 2013: 70%				99.99%		70%
Pigeon Blanc SASFR 2013: via 70%								via 70%
Broceliande Energies Locales SASFR 2007 to 2010: 64.99% 2011 to 2012: 65% 2013: 64.97%		64.99%				65%		64.97%
ZELENA 2009: 50% 2011 to 2013: 64%				50%		64%
ELICIO BASTOGNE 2007 to 2010: 99% 2011 to 2013: 60%		99%				60%
Cogeland SASFR 2013: via 51%								via 51%
ELICIO BERLARE 2009 to 2010: 99.84% 2011: 99.99% 2012 to 2013: 51%				99.84%		99.99%	51%
ELNU 2011 to 2012: 99.99% 2013: 50.1%						99.99%		50.1%
Greenpower Oostende 2009: 50% 2011 to 2013: 50%				50%		50%
GRENSLAND POWER 2009: 99.96% 2011 to 2013: 50%				99.96%		50%
NORTHER 2013: via 50%								via 50%
Electrawinds UKGB 2012: 100%							100%
Hightide 2008: 40% 2009 to 2012: 99.99%			40%	99.99%
Ballycadden Wind FarmIE 2010 to 2012: 51%					51%
Electrawinds AfrikaZA 2010 to 2011: 100%					100%
Electrawinds CoegaZA 2011: 100%						100%
ELECTRAWINDS EA 2007 to 2009: 100%		100%
BALI WIND 2006 to 2009: 75.08%	75.08%
Northwind 2007 to 2009: 25%		25%
AMANDINE FUND 2006 to 2009: 11.11%	11.11%
Electrawinds Portugal SAPT 2007 to 2008: 100%		100%

Source: list of holdings in its own accounts

Board mandates elsewhere

3 board mandates

Board mandates of ELECTRAWINDSELECTRAWINDS sits on their board3

ELICIO OFFSHORE

Director, Managing director

Founded in 2010 · total assets €22.7m (2025) · group ENODIA

Lowtide

Director

Founded in 2006 · turnover €695,553 (2025) · group TINC

Belgian Offshore Platform

Director

Founded in 2011

Acquisitions and mergers

1 transaction

Contributed a branch of activity to:Elicio

BE 0552.775.977Gazette deed of 11-08-2014 (2 deeds) · effective 28-05-2014

Connections & network

9 connected companies

Depth

Shared directors

This company Company Director Shareholding +N: links not shown yet

Linked via shared directors

BASKET CLUB OOSTENDE

via Johan Vande Lanotte (permanent representative of ELECTRAWINDS) · Director · deed of 23-03-2011

Founded in 1970 · total assets €55,778 (2022) · accounts filed late

→

Vlaams Energiebedrijf

via Johan Vande Lanotte (permanent representative of ELECTRAWINDS) · Director · deed of 31-07-2025

Founded in 2012 · 104 FTE (2025)

→

Haven Oostende

via Johan Vande Lanotte (permanent representative of ELECTRAWINDS) · Chair of the board · deed of 17-02-2015

Founded in 1997 · 44 FTE (2025)

→

INSTITUT FLAMAND DE LA MER

via Johan Vande Lanotte (permanent representative of ELECTRAWINDS) · Director · deed of 25-11-2025

Founded in 1999 · 168 FTE (2025)

→

Show 5 more companies with a shared director

WEST-VLAAMSE DUURZAME LOGISTIEKE WERKVENNOOTSCHAP

via Johan Vande Lanotte (permanent representative of ELECTRAWINDS) · Director (not named in the articles) · deed of 30-12-2025

Founded in 1999 · 3.7 FTE (2025)

→

't WERKPAND

via Johan Vande Lanotte (permanent representative of ELECTRAWINDS) · Director · deed of 23-09-2025

Founded in 1997 · 5.9 FTE (2025)

→

ECONOMISCH HUIS OOSTENDE

via Johan Vande Lanotte (permanent representative of ELECTRAWINDS) · Director · deed of 02-06-2017

Founded in 2007 · 15 FTE (2025)

→

JVL LEGAL

via Johan Vande Lanotte (permanent representative of ELECTRAWINDS) · Permanent representative · deed of 02-02-2026

Founded in 2019

→

Technische Universitaire Alliantie voor economische transformatie in West-Vlaanderen

via Johan Vande Lanotte (permanent representative of ELECTRAWINDS) · Director · deed of 22-05-2025

Founded in 2015

→

Timeline

70 events since 1993

Board

Capital

Filings

Financial

Establishments

Insolvency

Address

Other

1995200020052010201520202025

2024

04-04-2024

4 companies at this address later LenH, KerVan, Groep Cfinance and CFINANCE HOLDING · since 2019

2019

09-01-2019

Bankruptcy published Enterprise Court of Ghent, Ostend division · judgment of 03-01-2019

2018

24-10-2018

Resignation: Figurad Bedrijfsrevisoren (statutory auditor)General meeting of 05-10-20182 points ▸

General meeting, 05-10-2018
Director resignation, Figurad Bedrijfsrevisoren (statutory auditor)

Open the deed in the Belgian Official Gazette

20-07-2018

Annual accounts 2017 filed PDFfull format · 11 days before the deadline

2017

07-11-2017

Annual accounts 2016 filed PDFfull format · 99 days late

25-09-2017

Amendment of the articlesGeneral meeting of 30-08-20171 point ▸

General meeting, 30-08-2017
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

12-09-2017

New statutory auditorFigurad Bedrijfsrevisoren appointed, Ernst & Young Bedrijfsrevisoren resigned · Permanent representatives: Marleen Mannekens and Ann Van Vlaenderen · General meeting of 15-05-20175 points ▸

General meeting, 15-05-2017
Director resignation, Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative, Marleen Mannekens
Auditor appointment, Figurad Bedrijfsrevisoren (statutory auditor)
Permanent representative, Ann Van Vlaenderen
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

22-05-2017

2 directors appointed, 2 resignations, 1 reappointmentResignations: PDSConsulting BVBA and LDS NV · Appointments: Luc Desender (alternate director) and Clercus BVBA (managing director) · Reappointment: Luc Desender · General meeting of 07-04-201711 points ▸

Board meeting, 29-03-2017
Director resignation, PDSConsulting BVBA
Director resignation, LDS NV
Director appointment, Luc Desender (alternate director)
Director appointment, Clercus BVBA (managing director)
General meeting, 07-04-2017
Director discharge, Patrick D'Helft (gerechtsmandataris)
Director discharge, Patrick Coulier (gerechtsmandataris)
Director discharge, Bertin Pouseele (gerechtsmandataris)
Director discharge, PDSConsulting BVBA
Director reappointment, Luc Desender

Open the deed in the Belgian Official Gazette

2016

21-12-2016

Appointment: Clercus bvba (director)Permanent representative: Guy De Clereq · General meeting of 22-11-20164 points ▸

Board meeting, 08-05-2014
General meeting, 22-11-2016
Director appointment, Clercus bvba
Permanent representative, Guy De Clereq

Open the deed in the Belgian Official Gazette

09-11-2016

Annual accounts 2015 filed PDFfull format · 101 days late

29-09-2016

Annual accounts 2014 filed PDFfull format · 426 days late

2015

12-08-2015

Annual accounts 2013 filed PDFfull format · 377 days late

21-01-2015

New managing directorPDS Consulting BVBA appointed, LDS NV resigned · Board meeting of 02-12-20145 points ▸

Board meeting, 02-12-2014
Director resignation, LDS NV (managing director)
Director resignation, LDS NV (CEO)
Director appointment, PDS Consulting BVBA (managing director)
Director appointment, PDS Consulting BVBA (CEO)

Open the deed in the Belgian Official Gazette

2014

31-12-2014

Back to profit net €49.1m The net result is €49.1m, after 3 loss-making years.

11-08-2014

Demerger: Electrawinds splits off to Elicio2 points ▸

Accounting effect, 01-04-2014
Transfer proposal, 28-05-2014
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

18-06-2014

Registered office moved within OstendNew registered office: Fortstraat 27 te 8400 Oostende · Previous registered office: John Cordierlaan 9 te 8400 Oostende · Resignation: Buraco (chair and director) · Board meeting of 01-06-20147 points ▸

Board meeting, 09-05-2014
Director resignation, Buraco (chair and director)
Director appointment, Clercus (alternate director)
Director appointment, Clercus (chair)
Permanent representative, Guy De Clercq
Board meeting, 01-06-2014
Registered-office move, Fortstraat 27 te 8400 Oostende

Open the deed in the Belgian Official Gazette

11-06-2014

Transfer proposal: Electrawinds transfers a branch of activity to ElicioBoard meeting of 23-05-20142 points ▸

Board meeting, 23-05-2014
Demerger, 28-05-2014

Open the deed in the Belgian Official Gazette

25-04-2014

Permanent representatives: Marleen Mannekens and Stefaan RabaeyGeneral meeting of 27-05-20133 points ▸

General meeting, 27-05-2013
Permanent representative, Marleen Mannekens
Permanent representative, Stefaan Rabaey

Open the deed in the Belgian Official Gazette

06-01-2014

Resignation: MERCODI (director)Permanent representative: Jo Cornu · Board meeting of 08-11-20133 points ▸

Board meeting, 08-11-2013
Director resignation, MERCODI
Permanent representative, Jo Cornu

Open the deed in the Belgian Official Gazette

2013

31-12-2013

Weakest financial year net -€159.2m The net result drops to -€159.2m, the lowest from 2006 to 2017.

21-11-2013

General meeting of 17-07-20131 point ▸

General meeting, 17-07-2013
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

06-08-2013

Annual accounts 2012 filed PDFfull format · 6 days late

2012

31-12-2012

Equity above €100m equity €115.9m ▲38.6% Equity rises from €83.6m to €115.9m.

21-11-2012

4 directors appointed, 11 resignationsCapital from 64772301.13 to 71365973.29, 2,130,567 new shares · Capital from 71365973.29 to 106872301.13 · Capital from 106872301.13 to 132949846.15 · General meeting of 26-10-201228 points ▸

General meeting, 26-10-2012
Capital increase, €6,593,672.16
Capital increase, €35,506,327.84
Capital increase, €26,077,545.02
Capital, €132,949,846.15, 23,059,986 shares
Director resignation, LDS
Director resignation, PAUL DESENDER CONSULTING
Director resignation, Buraco
Director resignation, Société Fédérale de Participations et d'Investissements / Federale Participatie- en Investeringsmaatschappij
Director resignation, Winpar
Director resignation, Mercodi
Director resignation, BORNHAUSER Bertrand
Director resignation, VANDENBULCKE Manuel Emiel Fernand Christine
Director resignation, MAENHOUT Peter Stefaan
Director resignation, DEWALS Dirk Frank
Director resignation, ParticipatieMaatschappij Vlaanderen
Director appointment, LDS
Director appointment, PAUL DESENDER CONSULTING
Director appointment, Buraco
Director appointment, Mercodi
Permanent representative, DESENDER Luc Robert
Permanent representative, DESENDER Paul Emiel
Permanent representative, VANDEKERCKHOVE Paul André Hilda Maria
Permanent representative, VANDER VENNET Rudi Maurice Marie
Permanent representative, VANDEKERCKHOVE Alexandre Yves
Permanent representative, CORNU Jozef
Permanent representative, DECREM Wener Fritz Pierre
Mandate compensation, ELECTRAWINDS
The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

07-11-2012

Capital increase of €2,113,384.19Capital from 62658916.94 to 64772301.13, 682,883 new shares3 points ▸

Capital increase, €2,113,384.19
Capital, €64,772,301.13, 20,929,419 shares
Power of attorney, ELECTRAWINDS
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

31-08-2012

Consolidated accounts 2011 filed PDF

25-07-2012

Annual accounts 2011 filed PDFfull format · 6 days before the deadline

03-02-2012

Capital increase of €1,556,674.02Capital from 61102242.92 to 62658916.94, 503,778 new shares3 points ▸

Capital increase, €1,556,674.02
Capital, €62,658,916.94, 20,246,536 shares
Power of attorney, Alexandre Yves Vandekerckhove
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2011

03-10-2011

Capital increase · Amendment of the articlesGeneral meeting of 09-09-20113 points ▸

General meeting, 09-09-2011
Power of attorney, Raad van bestuur van ELECTRAWINDS
Warrant terms, 25-08-2011
The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

31-08-2011

Reappointment: Grant Thornton, Lippens & Rabaey BV CVBA (statutory auditor)Permanent representative: Luc Desender · General meeting of 01-06-20113 points ▸

General meeting, 01-06-2011
Auditor reappointment, Grant Thornton, Lippens & Rabaey BV CVBA
Permanent representative, Luc Desender

Open the deed in the Belgian Official Gazette

08-08-2011

Consolidated accounts 2010 filed PDF

05-07-2011

Annual accounts 2010 filed PDFfull format · 26 days before the deadline

15-02-2011

New waarnemend voorzitterBuraco NV appointed, Jeroen Mouton resigned · Board meeting of 10-05-20103 points ▸

Director resignation, Jeroen Mouton (member of the executive committee)
Director appointment, Buraco NV (waarnemend voorzitter)
Board meeting, 10-05-2010

Open the deed in the Belgian Official Gazette

26-01-2011

Capital increase · Amendment of the articlesCapital from 45397741.76 to 47286401.72, 780,438 new shares · Capital from 47286401.72 to 60397760.12 · General meeting of 31-12-20104 points ▸

General meeting, 31-12-2010
Capital increase, €1,888,659.96
Capital increase, €13,111,358.40
Capital, €60,397,760.12, 19,515,131 shares
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

26-01-2011

Capital increase of €704,482.80Capital from 60397760.12 to 61102242.92, 227,627 new shares · General meeting of 24-12-20094 points ▸

General meeting, 24-12-2009
Capital increase, €704,482.80
Capital, €61,102,242.92, 19,742,758 shares
Power of attorney, Alexandre Yves Vandekerckhove
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2010

31-12-2010

Back to profit net €6.2m The net result is €6.2m, after one loss-making year.

23-08-2010

Consolidated accounts 2009 filed PDF

30-06-2010

Annual accounts 2009 filed PDFfull format · 31 days before the deadline

25-06-2010

11 directors appointed, 4 reappointmentsReappointments: BURACO NV, LDS NV, PDS Consulting BVBA and Bertrand Bornhauser · Appointments: Dirk Dewals, Mercodi BVBA, NV LDS (member of the executive committee), BVBA PDS Consulting (member of the executive committee), BVBA Peso Verde (member of the executive committee), BVBA Defilien (member of the executive committee) and 5 others · General meeting of 31-05-201017 points ▸

General meeting, 31-05-2010
Director reappointment, BURACO NV
Director reappointment, LDS NV
Director reappointment, PDS Consulting BVBA
Director appointment, Dirk Dewals
Director appointment, Mercodi BVBA
Director appointment, NV LDS (member of the executive committee)
Director appointment, BVBA PDS Consulting (member of the executive committee)
Director appointment, BVBA Peso Verde (member of the executive committee)
Director appointment, BVBA Defilien (member of the executive committee)
Director appointment, BVBA Jasylco (member of the executive committee)
Director appointment, BVBA Merv-C (member of the executive committee)
Director appointment, BVBA Triple A Consulting (member of the executive committee)
Director appointment, BVBA Yante (member of the executive committee)
Director appointment, Jeroen Mouton Comm. V. (member of the executive committee)
Director appointment, NV LDS (managing director)
Director reappointment, Bertrand Bornhauser
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

01-06-2010

New waarnemend voorzitterPaul Vandekerckhove appointed, JVL resigned · Board meeting of 10-05-20103 points ▸

Board meeting, 10-05-2010
Director resignation, JVL (director and chair)
Director appointment, Paul Vandekerckhove (waarnemend voorzitter)
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

25-01-2010

2 directors appointedPeter Maenhout (as bestuurder) and Winpar NV · Permanent representative: Alexandre Vandekerckhove · Mandate compensation: Peter Maenhout · General meeting of 24-12-200911 points ▸

General meeting, 24-12-2009
Capital, €45,397,741.76, 18,734,693 shares
Power of attorney, Electrawinds, mentioned twice in the deed
Director appointment, Peter Maenhout (as bestuurder (op voordracht van gimv en gimv xl partners))
Director appointment, Winpar NV
Permanent representative, Alexandre Vandekerckhove
Mandate compensation, Peter Maenhout
Mandate compensation, Winpar NV
Power of attorney, An-Sofie Van Hootegem
Power of attorney, Bruno Laforce
Power of attorney, Peter Vermeiren
The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2009

31-12-2009

Liquidity more than doubled current ratio 6.16 The current ratio rises from 2.52 to 6.16. Short-term debt falls from €14.9m to €10.1m.

31-12-2009

Equity above €50m equity €51.7m ▲10.3% Equity rises from €46.9m to €51.7m.

30-11-2009

Appointment: Société Fédérale de Participations et d'Investissements/ Federale Participatie-en Investeringsmaatschappij (director)Capital from 35395000.00 to 36404591.52, 520,408 new shares · Capital from 36404591.52 to 45397241.76 · Permanent representative: Rudi Vander Vennet · General meeting of 04-11-20097 points ▸

General meeting, 04-11-2009
Capital increase, €1,009,591.52
Capital increase, €8,992,650.24
Capital, €45,397,241.76, 18,734,693 shares
Director appointment, Société Fédérale de Participations et d'Investissements/ Federale Participatie-en Investeringsmaatschappij
Permanent representative, Rudi Vander Vennet
Mandate compensation, Société Fédérale de Participations et d'Investissements/ Federale Participatie-en Investeringsmaatschappij
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

14-09-2009

1 statutory auditor appointedCV Grant Thornton (statutory auditor) · Permanent representatives: Stefaan Rabaey and Luc Desender · General meeting of 23-06-20084 points ▸

General meeting, 23-06-2008
Auditor appointment, CV Grant Thornton (statutory auditor)
Permanent representative, Stefaan Rabaey
Permanent representative, Luc Desender

Open the deed in the Belgian Official Gazette

05-06-2009

Annual accounts 2008 filed PDFfull format · 56 days before the deadline

16-03-2009

Resignations: Pieter de Jong (director) and Dirk Kooman (director)Board meeting of 06-11-20084 points ▸

Board meeting, 26-08-2008
Director resignation, Pieter de Jong
Board meeting, 06-11-2008
Director resignation, Dirk Kooman

Open the deed in the Belgian Official Gazette

2008

31-12-2008

Back to profit net €8.7m The net result is €8.7m, after one loss-making year.

31-12-2008

Liquidity more than triples current ratio 2.52 The current ratio rises from 0.64 to 2.52. Short-term debt falls from €25.9m to €14.9m.

01-10-2008

Registered office moved within OstendNew registered office: John Cordierlaan 9, 8400 Oostende · Previous registered office: John Cordierlaan 9, 8400 Oostende (Zandvoorde) · General meeting of 11-09-20083 points ▸

General meeting, 11-09-2008
Registered-office move, John Cordierlaan 9, 8400 Oostende
Power of attorney, ELECTRAWINDS
The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

08-09-2008

Registered office moved within OstendNew registered office: John Cordierlaan 9, 8400 Oostende (Zandvoorde) · Previous registered office: Plassendale I, Wetenschapspark 1, 8400 Oostende · Appointment: NV LDS (director) · Board meeting of 15-07-20083 points ▸

Board meeting, 15-07-2008
Registered-office move, John Cordierlaan 9, 8400 Oostende (Zandvoorde)
Director appointment, NV LDS

Open the deed in the Belgian Official Gazette

22-07-2008

Annual accounts 2007 filed PDFfull format · 9 days before the deadline

2007

31-12-2007

Equity above €25m equity €36.7m ▲118% Equity rises from €16.8m to €36.7m.

28-09-2007

Annual accounts 2006 filed PDFfull format · 59 days late

10-07-2007

Registered office moved from Oostende - Esperantolaan to OstendNew registered office: Wetenschapspark 1 - Plassendale I, 8400 Oostende · Previous registered office: 8400 Oostende - Esperantolaan 10 · Resignations: Luc Desender (managing director and chair of the board) and BV KBM BEHEER (director) · Board meeting of 27-06-20079 points ▸

Board meeting, 27-06-2007
Registered-office move, Wetenschapspark 1 - Plassendale I, 8400 Oostende
Director resignation, Luc Desender (managing director and chair of the board)
Director appointment, NV LDS
Director appointment, NV LDS (chair of the board)
Director appointment, NV LDS (managing director)
Director resignation, BV KBM BEHEER
Director appointment, Dirk Kooman
Permanent representative, Luc Desender

Open the deed in the Belgian Official Gazette

05-01-2007

Capital increase of €30,000,000Capital from €5,395,500 to €35,395,500, 3,214,285 new shares · Reappointments: PDS Consulting, Bertrand Bornhauser and Buraco · Appointments: Pieter de Jong (director) and KBM Beheer BV (director) · General meeting of 13-12-20068 points ▸

General meeting, 13-12-2006
Capital increase, €30,000,000
Power of attorney, ELECTRAWINDS
Director reappointment, PDS Consulting
Director reappointment, Bertrand Bornhauser
Director reappointment, Buraco
Director appointment, Pieter de Jong
Director appointment, KBM Beheer BV
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2006

29-12-2006

Capital increase of €5,334,000Capital from €61,500 to €5,395,500, 571,500 new shares · General meeting of 08-12-20062 points ▸

General meeting, 08-12-2006
Capital increase, €5,334,000
The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

30-06-2006

Annual accounts 2005 filed PDFfull format

2005

29-09-2005

Annual accounts 2004 filed PDFfull format

2004

01-07-2004

Annual accounts 2003 filed PDFfull format

2003

30-06-2003

Annual accounts 2002 filed PDFfull format

2002

12-07-2002

Annual accounts 2001 filed PDFfull format

28-05-2002

First establishment John Cordierlaan 9, Ostend

2000

28-07-2000

Annual accounts 1999 filed PDFfull format

1999

08-11-1999

Annual accounts 1998 filed PDFfull format

1998

09-12-1998

Annual accounts 1997 filed PDFfull format

1997

12-08-1997

Annual accounts 1996 filed PDFfull format

05-02-1997

Annual accounts 1995 filed PDFabbreviated format

04-02-1997

Annual accounts 1994 filed PDFabbreviated format

1993

30-03-1993

Incorporation 69 publications in the Belgian Official Gazette, the last on 09-01-2019 · published on 28-04-1993

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 30 March 1993, ELECTRAWINDS was incorporated.¹ The capital was increased 8 times between 2006 and 2012, most recently to €132.9m.²³⁴ In 2007 the registered office moved to Ostend.⁵ Turnover went from €889,504 in 2014 to €229,550 in 2017 and headcount from 23.3 to 1 full-time equivalents.⁶ The company was declared bankrupt on 3 January 2019.⁷

Company details

Identity

Enterprise number: 0449.826.315
VAT number: BE 0449.826.315
Legal form: Public limited company
Status: In bankruptcy, since 03-01-2019
Founded: 30-03-1993
Financial year: ends on 31 December
Peppol: Not found in the Peppol Directory
Name: ELECTRAWINDS in Dutch
Entity type: Legal entity

Activities

NACEBEL 2025

71121 Engineering and related technical consultancy, excluding land surveyors main activity

Codes under NACEBEL 2008

71121 Engineering activities main activity

Purpose: “De vennootschap heeft als doel: (A) Voor eigen rekening: (a) Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend…”
Text of the purpose
“De vennootschap heeft als doel: (A) Voor eigen rekening: (a) Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen... (b) Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium... (B) De productie, verkoop en verdeling van elektriciteit op basis van windenergie en andere alternatieve energiebronnen... (C) Voor eigen rekening, voor rekening van derden, of in deelneming met derden: (a) het verwerven van participaties... (b) het verstrekken van leningen... (c) het verlenen van adviezen... (d) het waarnemen van alle bestuursopdrachten... (e) het ontwikkelen, kopen, verkopen... (f) het verlenen van administratieve prestaties... (g) de aan- en verkoop... (h) het onderzoek, de ontwikkeling... (D) Bijzondere bepalingen...”
deed of 25-01-2010 (in Dutch)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Fortstraat 27 registered office 8400 Ostend
John Cordierlaan 9 8400 Ostend 4671101 Wholesale of cars and light vans (up to 3.5 tonnes)	28-05-2002	2.061.932.958

1 former office

Plassendale I, Wetenschapspark 1, 8400 Oostende until 01-09-2008 · deed of 08-09-2008

Buildings and parcels at the addresses

Ground area: 1.3 ha
Buildings: 1,822 m²
Volume, LiDAR: 15,134 m³
Tallest building: 11.8 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

13 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
35026B0187/00A000	1.2 ha	1 · 1,305 m²	11.8 m · 3
35382D0707/00Y000	704 m²	1 · 517 m²	7.9 m · 2

Overview

Information for creditors

Lifetime

Key points

Equity

Debts

Staff

Payment terms

Filings

At the same address

Board and ownership

Recent changes

Official details

Annual accounts 2017

Insights on ELECTRAWINDS

Financials

Annual accounts 2017

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Staff

Men and women100% women

Staff cost per FTE€8,368

Joined and leftlevel

Filed annual accounts

Filings

Key figures and ratios

Auditor

Insights on ELECTRAWINDS

Board & ownership

Curators

Mandates through the years

Control

Capital

Owners through the years

Capital transactions

Network & group

Holdings

Belgium 1 Year Equity Result

Europe 11 Year Equity Result

Africa 2 Year Equity Result

Parent

At the same address

Earlier ties

Holdings through the years

Board mandates elsewhere

Acquisitions and mergers

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the addresses

Location

Parcels

in €m

in €m

€8,368

level