EnerGent
ActiveSummary
EnerGent has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.8m and a net result of €142,495. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 279 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-1
Solvency95▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €470,000 at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.31 in 2024; short-term debt: 19.5% and cash: 10.3% of total assets), and 29.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 2025Solvency, return and age of the figures
Solvency
70.1%
Return on assets
1.7%
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 dateAge against the risk zone
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 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 d early
2024
39 d early
2023
76 d early
2022
63 d early
2021
32 d early
2020
56 d early
2019
26 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 55 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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 company by equity in Ghent, Energy sector
Equity
€5.8m▲ 10.2%
2024 · €5.2m
Total assets
€8.2m▲ 16.6%
2024 · €7.1m
Net result
€142,495▼ 25.3%
2024 · €190,638
Working capital
€905,883▲ 109%
2024 · €434,284
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
Line20212022202320242025
Operating result€242,481▲ 22.2%€201,558▼ 16.9%€266,466▲ 32.2%€170,042▼ 36.2%€119,210▼ 29.9%
Net result€243,146above the sector's middle half▲ 20.7%€149,150above the sector's middle half▼ 38.7%€267,486within the sector's middle half▲ 79.3%€190,638above the sector's middle half▼ 28.7%€142,495within the sector's middle half▼ 25.3%
Equity€3.5mabove the sector's middle half▲ 14.0%€4.2mabove the sector's middle half▲ 20.4%€4.9mabove the sector's middle half▲ 16.1%€5.2mabove the sector's middle half▲ 7.8%€5.8mabove the sector's middle half▲ 10.2%
Total assets€4.1mabove the sector's middle half▲ 15.6%€5.6mabove the sector's middle half▲ 37.6%€6.9mwithin the sector's middle half▲ 23.6%€7.1mabove the sector's middle half▲ 1.7%€8.2mabove the sector's middle half▲ 16.6%
Debt€609,860▲ 25.8%€1.4m▲ 135%€2.1m▲ 45.6%€1.8m▼ 12.5%€2.4m▲ 33.0%
Working capital€1.1m▼ 27.1%€1.7m▲ 52.0%€495,421▼ 70.0%€434,284▼ 12.3%€905,883▲ 109%
Solvency85.1%above the sector's middle half▼ 1.2pp74.4%above the sector's middle half▼ 10.6pp69.9%above the sector's middle half▼ 4.5pp74.1%above the sector's middle half▲ 4.2pp70.1%above the sector's middle half▼ 4.0pp
Staff (FTE)9.9above the sector's middle half11.1above the sector's middle half▲ 12.1%11.6above the sector's middle half▲ 4.5%
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.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2023 Net result +79% on 2022. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 30% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.2m
Fixed assets
€5.7m ▲ 9.7%
Current assets
€2.5m ▲ 36.0%
Equity and liabilities €8.2m
Equity
€5.8m ▲ 10.2%
Provisions
€30,000
Debt
€2.4m ▲ 33.0%
Debt's share of the balance-sheet total rises from 25.9% to 29.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€480,067▼
2024 · €510,018
Cash flow
€503,352▼
2024 · €530,614
Current ratio
1.57▲
2024 · 1.31
Debt to equity
0.42▲
2024 · 0.35
ROE
2.5%▼
2024 · 3.6%
ROA
1.7%▼
2024 · 2.7%
Interest coverage
437.02▼
2024 · 525.47
Debt ≤ 1 year
€1.6m▲
2024 · €1.4m
Income taxes
-€282▼
2024 · €1,199
Staff costs
€886,415▲
2024 · €850,770
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,045 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.3%
went bankrupt
3.6%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 6,045 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €433,776 | €564,831 | €730,450 | €850,770 | €886,415 | ▲ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €129,374 | €148,496 | €177,427 | €339,976 | €360,857 | ▲ 6.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €30,000 | - |
| Other operating charges640/8 | €71,968 | €62,031 | €8,474 | €19,620 | €11,773 | ▼ 40.0% |
| Gross operating margin9900 | €877,599 | €976,916 | €1.2m | €1.4m | €1.4m | ▲ 2.0% |
| Operating profit (loss)9901 | €242,481 | €201,558 | €266,466 | €170,042 | €119,210 | ▼ 29.9% |
| Financial income75/76B | €2,411 | €8,415 | €2,090 | €22,765 | €24,602 | ▲ 8.1% |
| Recurring financial income75 | €2,411 | €8,415 | €2,090 | €22,765 | €24,602 | ▲ 8.1% |
| Financial charges65/66B | €1,746 | €60,824 | €788 | €971 | €1,599 | ▲ 64.7% |
| Recurring financial charges65 | €1,746 | €60,824 | €788 | €971 | €1,099 | ▲ 13.2% |
| Non-recurring financial charges66B | - | - | - | - | €500 | - |
| Profit (loss) for the period before taxes9903 | €243,147 | €149,150 | €267,768 | €191,837 | €142,213 | ▼ 25.9% |
| Income taxes67/77 | €0 | €0 | €282 | €1,199 | -€282 | ▼ 124% |
| Profit (loss) for the period9904 | €243,146 | €149,150 | €267,486 | €190,638 | €142,495 | ▼ 25.3% |
| Profit (loss) for the period to be appropriated9905 | €243,146 | €149,150 | €267,486 | €190,638 | €142,495 | ▼ 25.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.1m | €5.6m | €6.9m | €7.1m | €8.2m | ▲ 16.6% |
| Fixed assets21/28 | €2.6m | €3.1m | €5.0m | €5.2m | €5.7m | ▲ 9.7% |
| Intangible fixed assets21 | €317 | €0 | €2,614 | €3,729 | €1,809 | ▼ 51.5% |
| Tangible fixed assets22/27 | €2.6m | €3.0m | €4.9m | €4.8m | €5.2m | ▲ 6.3% |
| Land and buildings22 | €2.6m | €2.5m | €3.8m | €4.8m | €4.8m | ▼ 0.5% |
| Plant, machinery and equipment23 | €2,944 | €1,714 | €1,663 | €2,554 | €1,938 | ▼ 24.1% |
| Furniture and vehicles24 | €749 | €517 | €284 | €52 | €0 | ▼ 100% |
| Assets under construction and advance payments27 | - | €589,557 | €1.0m | €56,919 | €390,279 | ▲ 586% |
| Financial fixed assets28 | €58,081 | €89,405 | €112,406 | €362,344 | €561,860 | ▲ 55.1% |
| Current assets29/58 | €1.4m | €2.5m | €1.9m | €1.8m | €2.5m | ▲ 36.0% |
| Amounts receivable after more than one year29 | €93,665 | €63,310 | €50,960 | €72,360 | €74,460 | ▲ 2.9% |
| Other amounts receivable291 | €93,665 | €63,310 | €50,960 | €72,360 | €74,460 | ▲ 2.9% |
| Amounts receivable within one year40/41 | €296,775 | €728,725 | €1.0m | €630,513 | €1.5m | ▲ 138% |
| Trade receivables40 | €188,634 | €320,024 | €354,978 | €256,965 | €726,418 | ▲ 183% |
| Other amounts receivable41 | €108,142 | €408,701 | €664,878 | €373,549 | €772,843 | ▲ 107% |
| Cash at bank and in hand54/58 | €997,110 | €1.7m | €854,812 | €1.1m | €843,445 | ▼ 19.7% |
| Deferred charges and accrued income490/1 | €59,471 | €15,402 | €20,020 | €91,173 | €91,292 | ▲ 0.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.1m | €5.6m | €6.9m | €7.1m | €8.2m | ▲ 16.6% |
| Equity10/15 | €3.5m | €4.2m | €4.9m | €5.2m | €5.8m | ▲ 10.2% |
| Contributions10/11 | €3.0m | €3.6m | €4.0m | €4.2m | €4.8m | ▲ 12.4% |
| Reserves13 | €2,180 | €2,180 | €2,180 | €2,180 | €2,180 | = |
| Non-distributable reserves130/1 | €2,180 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €2,180 | €0 | - | - | - | - |
| Distributable reserves133 | - | €2,180 | €2,180 | €2,180 | €2,180 | = |
| Profit (loss) carried forward14 | €477,514 | €530,227 | €677,932 | €775,613 | €801,804 | ▲ 3.4% |
| Investment grants15 | - | - | €177,887 | €220,861 | €202,405 | ▼ 8.4% |
| Provisions and deferred taxes16 | - | - | - | - | €30,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €30,000 | - |
| Major repairs and maintenance162 | - | - | - | - | €30,000 | - |
| Amounts payable17/49 | €609,860 | €1.4m | €2.1m | €1.8m | €2.4m | ▲ 33.0% |
| Amounts payable within one year42/48 | €359,455 | €828,839 | €1.5m | €1.4m | €1.6m | ▲ 13.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €113 | €0 | ▼ 100% |
| Trade debts44 | €67,382 | €171,840 | €178,218 | €164,389 | €131,992 | ▼ 19.7% |
| Suppliers440/4 | €67,382 | €171,840 | €178,218 | €164,389 | €131,992 | ▼ 19.7% |
| Advances received on contracts in progress46 | - | €335,580 | €887,206 | €860,916 | €1.1m | ▲ 28.9% |
| Taxes, remuneration and social security45 | €129,928 | €148,138 | €191,431 | €218,901 | €174,057 | ▼ 20.5% |
| Taxes450/3 | €44,621 | €58,729 | €101,088 | €92,949 | €82,100 | ▼ 11.7% |
| Remuneration and social security454/9 | €85,307 | €89,409 | €90,344 | €125,952 | €91,956 | ▼ 27.0% |
| Other amounts payable47/48 | €162,145 | €173,281 | €193,373 | €166,455 | €187,134 | ▲ 12.4% |
| Accrued charges and deferred income492/3 | €250,405 | €606,908 | €640,209 | €418,767 | €831,048 | ▲ 98.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €243,146 | €149,150 | €267,486 | €190,638 | €142,495 | ▼ 25.3% |
| + Depreciation and write-downs630 | €129,374 | €148,496 | €177,427 | €339,976 | €360,857 | ▲ 6.1% |
| Operating cash flow (approximation) | €372,520 | €297,646 | €444,913 | €530,614 | €503,352 | ▼ 5.1% |
| Investment in fixed assets (approximation) | - | -€648,370 | -€2.0m | -€556,825 | -€865,774 | ▼ 55.5% |
| Change in cash | - | €677,500 | -€819,799 | €196,199 | -€207,565 | ▼ 206% |
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
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €5mEq €5.2m ▲7.8%
7 profitable years in a row build equity to €5.2m.
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €267,486 ▲79.3%
Operating result €266,466, net result €267,486, both a record.
29-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
21-04
State Gazette act
Incorporation · Founding capital
Corporate purpose · First fiscal year
2021
05-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €2mEq €3.0m ▲57.8%
3 profitable years in a row build equity to €3.0m.
05-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Gent · 1 establishment unit since 2021
Ground area
217 m²
Building footprint
116 m²
Volume, LiDAR
1,458 m³
Parcel 44802B0586/00C000, Flanders · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
De Maatschap Energent-Denderstroom-Stroomvloed
since 20212.320.971.359
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44802B0586/00C000 | Flanders | 217 m² | 1 · 116 m² | 15.5 m · 4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 622,977 EUR awarded · 112,975 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 362 EUR | 362 EUR |
| 2024 | 3 | 35 EUR | 105,573 EUR |
| 2023 | 2 | 19,989 EUR | 6,651 EUR |
| 2022 | 3 | 602,591 EUR | 389 EUR |
European Union, budget
2022 to 2025 · 2 entries · 711,754 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 415,139 EUR |
| 2022 | 1 | 296,615 EUR |
Projects
REFINING RENOVATION SERVICES OF COOPERATIVE ONE STOP SHOPS
ONE STOP RENOVATION CO-OP
European research
1 project · 216,281 EUR EU contributionProgrammes
Projects
Smart Building Ecosystem for Energy Communities
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Of 149 companies in sector 35120 we hold annual accounts for 80. 40 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
Founded04-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
35120Electricity, gas, steam and air conditioning supply
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0542998575
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.