Summary
EMISSIONS ZERO has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €7.1m and a net result of €303,860. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 88% of 356 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
50 d early
2022
54 d early
2021
25 d late
2020
46 d early
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 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 (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#3 company by equity in the province of Namur, Energy sector#5 company by total assets in the province of Namur, Energy sector#7 oldest company in the province of Namur, Energy sector
Turnover
€142,782▼ 26.5%
2020 · €194,195
EBIT margin
-49.1%▼ 67.7pp
2020 · 18.6%
Net result
€303,860▲ 32.4%
2023 · €229,523
Working capital
€548,622▼ 31.8%
2023 · €803,847
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 35, Electricity, gas, steam and air conditioning supply, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€194,195▲ 47.1%€142,782▼ 26.5%
Operating result€36,139-€70,081-€83,592▼ 19.3%-€144,865▼ 73.3%-€257,730▼ 77.9%
Net result€315,024within the sector's middle half▲ 403%€267,547within the sector's middle half▼ 15.1%€47,018within the sector's middle half▼ 82.4%€229,523within the sector's middle half▲ 388%€303,860within the sector's middle half▲ 32.4%
EBIT margin18.6%▲ 61.2pp-49.1%▼ 67.7pp
Equity€4.6mwithin the sector's middle half▲ 7.7%€4.9mwithin the sector's middle half▲ 6.1%€6.6mwithin the sector's middle half▲ 34.8%€6.8mwithin the sector's middle half▲ 1.9%€7.1mwithin the sector's middle half▲ 4.3%
Total assets€5.3mwithin the sector's middle half▲ 6.5%€5.9mwithin the sector's middle half▲ 12.7%€7.6mwithin the sector's middle half▲ 28.4%€7.7mwithin the sector's middle half▲ 0.6%€8.6mwithin the sector's middle half▲ 11.4%
Debt€630,512▼ 1.2%€1.0m▲ 61.3%€992,539▼ 2.4%€907,446▼ 8.6%€1.5m▲ 64.7%
Working capital€829,416▼ 6.7%€938,079▲ 13.1%€1.1m▲ 13.3%€803,847▼ 24.3%€548,622▼ 31.8%
Solvency88.1%above the sector's middle half▲ 0.9pp82.9%above the sector's middle half▼ 5.2pp87.0%above the sector's middle half▲ 4.1pp88.2%above the sector's middle half▲ 1.2pp82.5%above the sector's middle half▼ 5.6pp
Staff (FTE)1.1within the sector's middle half1within the sector's middle half▼ 9.1%
above
within
below
the middle half (P25 to P75) of NACE 35, Electricity, gas, steam and air conditioning supply, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €257,730 in 2024 against €144,865 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.6m
Fixed assets
€7.0m ▲ 7.0%
Current assets
€1.6m ▲ 36.3%
Equity and liabilities €8.6m
Equity
€7.1m ▲ 4.3%
Debt
€1.5m ▲ 64.7%
Debt's share of the balance-sheet total rises from 11.8% to 17.5%. Equity and debt are higher.
Key figures and ratios
ROE
4.3%▲
2023 · 3.4%
ROA
3.6%▲
2023 · 3.0%
Debt ≤ 1 year
€1.0m▲
2023 · €360,853
Debt > 1 year
€454,250▼
2023 · €545,382
Income taxes
€507▲
2023 · €51
Staff costs
€39,129▼
2023 · €54,897
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €194,195 | €142,782 | - | - | - | - |
| Non-recurring operating income76A | - | - | €2,563 | €5,909 | €77 | ▼ 98.7% |
| Goods, raw materials, services and sundry goods60/61 | - | €105,766 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €16,525 | €54,897 | €39,129 | ▼ 28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €89,210 | €106,230 | €106,315 | €106,531 | €118,205 | ▲ 11.0% |
| Other operating charges640/8 | - | €868 | €971 | €960 | €1,949 | ▲ 103% |
| Non-recurring operating charges66A | - | - | €60 | €206 | €765 | ▲ 271% |
| Gross operating margin9900 | €126,116 | €37,017 | €40,279 | €17,730 | -€97,681 | ▼ 651% |
| Operating profit (loss)9901 | €36,139 | -€70,081 | -€83,592 | -€144,865 | -€257,730 | ▼ 77.9% |
| Financial income75/76B | - | €344,605 | €151,440 | €385,463 | €584,362 | ▲ 51.6% |
| Recurring financial income75 | €275,389 | €344,605 | €151,440 | €385,463 | €584,362 | ▲ 51.6% |
| Financial charges65/66B | - | €6,978 | €17,666 | €11,025 | €22,265 | ▲ 102% |
| Recurring financial charges65 | €7,361 | €6,978 | €17,444 | €11,025 | €22,265 | ▲ 102% |
| Non-recurring financial charges66B | - | - | €222 | - | - | - |
| Profit (loss) for the period before taxes9903 | €315,024 | €267,547 | €50,181 | €229,574 | €304,368 | ▲ 32.6% |
| Income taxes67/77 | - | - | €3,164 | €51 | €507 | ▲ 890% |
| Profit (loss) for the period9904 | €315,024 | €267,547 | €47,018 | €229,523 | €303,860 | ▲ 32.4% |
| Profit (loss) for the period to be appropriated9905 | €315,024 | €267,547 | €47,018 | €229,523 | €303,860 | ▲ 32.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.3m | €5.9m | €7.6m | €7.7m | €8.6m | ▲ 11.4% |
| Fixed assets21/28 | €4.2m | €4.7m | €6.2m | €6.5m | €7.0m | ▲ 7.0% |
| Intangible fixed assets21 | - | - | €22,108 | €115,649 | €136,660 | ▲ 18.2% |
| Tangible fixed assets22/27 | €771,251 | €1.1m | €955,971 | €850,740 | €921,384 | ▲ 8.3% |
| Land and buildings22 | - | €681,682 | €578,226 | €473,215 | €369,758 | ▼ 21.9% |
| Plant, machinery and equipment23 | - | - | - | - | €548,813 | - |
| Furniture and vehicles24 | - | €3,947 | €2,436 | €2,216 | €2,813 | ▲ 26.9% |
| Assets under construction and advance payments27 | - | €375,309 | €375,309 | €375,309 | - | - |
| Financial fixed assets28 | €3.5m | €3.7m | €5.2m | €5.5m | €5.9m | ▲ 6.5% |
| Current assets29/58 | €1.0m | €1.2m | €1.4m | €1.2m | €1.6m | ▲ 36.3% |
| Amounts receivable within one year40/41 | €68,242 | €466,140 | €268,851 | €495,966 | €279,009 | ▼ 43.7% |
| Trade receivables40 | - | €34,803 | €49,816 | €190,291 | €78,773 | ▼ 58.6% |
| Other amounts receivable41 | - | €431,337 | €219,035 | €305,675 | €200,236 | ▼ 34.5% |
| Current investments50/53 | €229,571 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €562,896 | €558,461 | €950,521 | €410,567 | €923,033 | ▲ 125% |
| Deferred charges and accrued income490/1 | - | €209,577 | €199,977 | €258,168 | €385,287 | ▲ 49.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.3m | €5.9m | €7.6m | €7.7m | €8.6m | ▲ 11.4% |
| Equity10/15 | €4.6m | €4.9m | €6.6m | €6.8m | €7.1m | ▲ 4.3% |
| Contributions10/11 | €4.1m | €4.2m | €6.0m | €6.1m | €6.3m | ▲ 2.8% |
| Reserves13 | €444,768 | €405,859 | €345,990 | €313,224 | €431,250 | ▲ 37.7% |
| Non-distributable reserves130/1 | - | €405,859 | €345,990 | €313,224 | €431,250 | ▲ 37.7% |
| Reserves not available under the articles1311 | - | €56,049 | €56,049 | €56,049 | €56,049 | = |
| Other1319 | - | €349,810 | €289,941 | €257,175 | €375,201 | ▲ 45.9% |
| Profit (loss) carried forward14 | €144,976 | €321,753 | €273,212 | €319,191 | €319,191 | = |
| Amounts payable17/49 | €630,512 | €1.0m | €992,539 | €907,446 | €1.5m | ▲ 64.7% |
| Amounts payable after more than one year17 | €413,724 | €715,107 | €635,664 | €545,382 | €454,250 | ▼ 16.7% |
| Financial debts170/4 | - | €715,107 | €635,664 | €545,382 | €454,250 | ▼ 16.7% |
| Amounts payable within one year42/48 | €216,757 | €296,098 | €356,875 | €360,853 | €1.0m | ▲ 188% |
| Current portion of amounts payable after more than one year42 | - | €98,616 | €89,437 | €90,282 | €691,132 | ▲ 666% |
| Trade debts44 | €13,473 | €18,352 | €67,108 | €31,772 | €103,646 | ▲ 226% |
| Suppliers440/4 | - | €18,352 | €67,108 | €31,772 | €103,646 | ▲ 226% |
| Advances received on contracts in progress46 | - | - | - | €6,437 | - | - |
| Taxes, remuneration and social security45 | - | €38,904 | €65,958 | €51,754 | €55,164 | ▲ 6.6% |
| Taxes450/3 | - | €38,904 | €65,958 | €51,754 | €55,164 | ▲ 6.6% |
| Other amounts payable47/48 | - | €140,226 | €134,372 | €180,609 | €188,764 | ▲ 4.5% |
| Accrued charges and deferred income492/3 | - | €5,821 | - | €1,211 | €1,211 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €315,024 | €267,547 | €47,018 | €229,523 | €303,860 | ▲ 32.4% |
| + Depreciation and write-downs630 | €89,210 | €106,230 | €106,315 | €106,531 | €118,205 | ▲ 11.0% |
| Operating cash flow (approximation) | €404,234 | €373,777 | €153,332 | €336,054 | €422,066 | ▲ 25.6% |
| Investment in fixed assets (approximation) | - | -€588,728 | -€1.6m | -€403,441 | -€573,224 | ▼ 42.1% |
| Change in cash | - | -€4,435 | €392,060 | -€539,954 | €512,466 | ▲ 195% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
05-01
State Gazette act
General meeting · Legal-form conversion
Registered-office move · Capital
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €5mEq €6.6m ▲34.8%
5 profitable years in a row build equity to €6.6m.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €315,024 ▲403%
Operating result €36,139, net result €315,024, both a record.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Show earlier events
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2011
27-07
State Gazette act
General meeting · Statutes amendment
2010
07-01
State Gazette act
Incorporation · Founding capital
Corporate purpose · Bank account
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 25 acts read
About the unread acts
We know of 25 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
25 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 3 establishment units since 2011
Ground area
5.3 ha
Building footprint
751 m²
Volume, LiDAR
3,341 m³
3 parcels, Wallonia · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Rue Nanon 98, 5000 Namur
since 20112.201.689.271
Emissions Zéro
since 20212.316.456.901
Emissions Zéro
since 20262.389.825.127
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93015F0448/00R002 | Wallonia | 5.1 ha | 1 · 392 m² | - |
| 92117A0422/00L002 | Wallonia | 1,407 m² | 1 · 359 m² | 12.8 m · 3 fl. |
| 92094B0121/00Y002indicative | Wallonia | 174 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
9 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 9
-
90%
-
63.79%
-
49.95%
-
37.5%
-
33.11%
-
27.35%
-
25%
-
14%
-
11.14%
According to the 2024 annual accounts of EMISSIONS ZERO 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
No current directors or connected companies found in the register.
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Of 149 companies in sector 35120 we hold annual accounts for 80. 39 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
Founded26-03-2007
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
35120Electricity, gas, steam and air conditioning supply
35150Electricity, gas, steam and air conditioning supply
37000Sewerage
38110Waste collection, recovery and disposal activities
64210Activities of holding companies
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0888239292
Also
9925:BE0888239292
Registered
11-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.