Equity
€5.05bn ▲ 74.5%
Equity rose in 2025 from €2.90bn to €5.05bn.
Elia Group
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2002peak €908.0m (2018)
-not published
peak €215.0m (2023)
€174.9m▲ 23.2%
peak €5.05bn (2025)
€5.05bn▲ 74.5%
€2.06bn▲ 9.2%
peak 352.2 FTE (2019)
9.3 FTE▲ 29.2%
Board91 names since 2004all names
15 directorsDominique Offergeld and 14 others
Owners9 names in the annual accountsall names
0.42%PUBLI-T and 1 other
Documentsfilings and deeds
03-06-202658 days before the deadline
2025financial year
Staff from 7.2 FTE to 9.3 FTECapital increase to €2,727,420,976.34 24-123 directors appointed, 3 resignations, 1 reappointment 07-11Amendment of the articles 30-05Change of role: Bernard Gustin, from director to chief execut… 24-04Dividend €223.8m
Key points
from the 2025 annual accountsStaff
9.3 FTE from 352.2 in 2019
Between 2019 and 2025, 97% of the full-time equivalents disappeared.
Group
16 companies controlled
Heads a group.
Board
12 joined · 9 left
Board changed. Latest change 08-10-2026 · 16 in office.
Position in the sector
€174.9m
Higher net result than 95% of companies in financial services. Sector median €103,919 · 3,044 companies.
Public contracts
13 awards
Public contracts awarded. To 12 suppliers, 2019 to 2026.
Financial institution: outside the modelBankruptcy probability: sector outside the modelStandalone figures, without subsidiaries
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal, which does not raise the risk
1 signal.
neutral
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 03-06-2026, 58 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
58 days early
2024
41 days early
2023
37 days early
2022
47 days early
2021
38 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 44 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
and 12 others
- NextGrid Holding 44.75%score 70equity €3.12bn (2026) · 31-05-2026 annual accounts of NextGrid Holding
- SPE POWER COMPANY 5.95%deed of 02-08-2005
- PUBLI-T 0.42%equity €2.15bn (2025) · 30-09-2025 annual accounts of PUBLI-T
Shares in 5 companies, including EUROGRID INTERNATIONAL and WindGrid
Board & ownershipRecent changes
11 directors appointed, 9 resignations, 2 statutory auditors reappointed
Resignations: Geert Versnick (chair), Pieter De Crem (bestuurder benoemd op voordracht van de houders van de aandelen soort c), Interfin (bestuurder benoemd op voordracht van de houders van de aandelen soort c), Frank Donck (independent director), Roberte Kesteman (independent director), Michel Sirat (independent director) and 3 others · Appointments: Christophe Peeters (bestuurder benoemd op voordracht van de houders van de aandelen soort c), Joachim Coens (bestuurder benoemd op voordracht van de houders van de aandelen soort c), Nadège Lacroix (bestuurder op voordracht van de houders van de aandelen soort c), Ed Merc BV, Symvouli BV (independent director), Olivier Chapelle BV (independent director) and 5 others · Permanent representatives: Thibaud Wyngaard, Pieter De Crem, Roberte Kesteman, Frédéric De Mee and Michaël Delbeke · General meeting of 19-05-2026 · Gazette deed
Amendment of the articles
General meeting of 19-05-2026 · Gazette deed
6 directors appointed, 1 resignation
Resignation: Frank Donck · Appointments: Joachim Coens, Ed Merc BV, Symvouli BV (independent director), Olivier Chapelle BV (independent director), Tesuji Conseil SAS (independent director) and Aurora Nova BV (independent director) · Permanent representatives: Pieter De Crem, Roberte Kesteman, Olivier Chapelle, Michel Sirat and Pascale Van Damme · Board meeting of 14-04-2026 · Gazette deed
Capital increase of €2,722,778,825.18
Capital after the increase: 2722778825.18 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Elia Group Brussels | - | - | 70.7% | 9.3 |
| VGP Antwerp | €22.4m | -30.4% | 43.2% | 9.9 |
| AVNET HOLDING EUROPE Machelen (Brab.) | €7.6m | -77.7% | 26.3% | 9 |
| ENGIE ENERGY MANAGEMENT Brussels | €139.5m | 25.7% | 68.5% | 6 |
| ATLAS SERVICES BELGIUM Evere | €1.8m | -76.1% | 99.9% | 13.2 |
| EDF INVESTISSEMENTS GROUPE Ixelles | - | - | 96.8% | 3.2 |
| Société Anonyme de Participation et de Gestion Ixelles | €1.8m | - | 99.1% | 11.7 |
These companies have the same main activity as Elia Group: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €3.1bn and €23bn, founded between 1977 and 2010.
Official details
Source: KBO- Status
- Active since 21-12-2001Normal situation
- Activity
- Activities of holding companiesNACE 64210and 1 other
- Establishment units
- 2.098.698.6311000 Brussels, since 26-12-2001
- 2.148.608.2973600 Genk, since 29-08-2005and 12 others
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Annual accounts 2025
- €7.15bn▲ 49.3%
- Employeeson 31-12-2025
- 11▲ 22.2%
- Filing
- Filed on 03-06-2026, 58 days before the end of the filing period
Companies linked to Elia Group
Shareholders
Subsidiaries and holdings
- Elia Transmission Belgium99.99%
- ELIA GRID INTERNATIONAL50.01%
Insights on Elia Group
Solvency rose in 2025 from 60.5% to 70.7% because of a capital increase.
In April 2026, six directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Elia Group
- What is the company number of Elia Group?
- The company number of Elia Group is 0476.388.378. The VAT number is the same number with BE in front: BE 0476.388.378.
- Where is Elia Group based?
- The registered office is at Keizerslaan 20, 1000 Brussels.Company details
- What does Elia Group do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of Elia Group?
- Elia Group is a public limited company (NV).
- When was Elia Group founded?
- Elia Group was founded on 21-12-2001.
- Is Elia Group still active?
- Yes, Elia Group is an active enterprise in the KBO register.
- How many employees does Elia Group have?
- Elia Group had an average of 9.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Elia Group?
- The annual accounts for financial year 2025 state no turnover. In financial year 2023 turnover was €2.9m.
- Is Elia Group profitable?
- In financial year 2025, Elia Group made a profit of €174.9m.
- Where can I find the annual accounts of Elia Group?
- Elia Group filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Elia Group due?
- Elia Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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