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FLUVIUS ZENNE-DIJLE

Active
Opdrachthoudende vereniging (Vlaams Gewest)founded 1982active for 44 yearsDiestsesteenweg(LIN) 126, 3210 Lubbeek, BelgiumKBO/BCE: BE 0222.343.301

From the official registers: KBO 45 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FLUVIUS ZENNE-DIJLE has the legal form “Opdrachthoudende vereniging (Vlaams Gewest)” in the KBO. Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €554.6m and a net result of €31.7m. Equity has been stable since 2018 (±0.4% per year). Its solvency ranks better than 41% of 351 sector peers (NACE 35, financial year 2025). The company has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
FLUVIUS ZENNE-DIJLEActiveChecked score 52/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 29-03-1982 Normal situation
Activity
Production of electricity from non-renewable sources NACE 35110and 5 others
Financial year end
31 December
Peppol
Reachable since 19-10-2022
Company details

Board and ownership

Board
and 13 other directors
Holdings
Shares in 2 companies TRANSCO ENERGY and Fluvius System Operator
Board & ownership

Financial position

52 Fair Checked score 2025
Bankruptcy probability: legal form outside the model
Annual accounts 2025
Turnover
€354.2m
▼ 4.0%
Profit
€31.7m
▲ 194%
Equity
€554.6m
▼ 13.2%
Total assets
€2.52bn
▲ 9.1%
Net result +194%: merger
Filed on 23-06-2026, 38 days before the deadlinePDF
Financials
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
52 / 100
Fair▼ -3 on 2024
Without a bankruptcy probability, the score rests on the figures alone.
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 47-6
equity 22.0% of total assets
Liquidity 50=
short-term debt 9.6% · cash 0.0%
Profitability 62-2
return on assets 1.3%
Bankruptcy probability within 12 months

The KBO gives the legal form as “Opdrachthoudende vereniging (Vlaams Gewest)”. There is no bankruptcy probability for it. The model is built on companies and gives no reliable figure for this form.

Credit of up to €28,800,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.41 (1.62 in 2024), above the usual 1.5. Short-term debt is 9.6% and cash 0% of total assets. However, 78% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
37 days early
2023
29 days early
2022
35 days early
2021
33 days early
2020
29 days early
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% 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 26 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Result rose in 2025merger with P.B.E. ▲ 194% View
  • Positive: Largest company by total assets in Flemish Brabant, Energy sectorin the Checked rankings No. 1 View
  • 5 restructurings since 2025latest: restructuring with FLUVIUS WEST 5 View
  • Flemish supportawarded from 2022 to 2025 €167.5m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €31.7m 8 years View

Comparable companies

These companies have the same main activity as FLUVIUS ZENNE-DIJLE: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €333m and €2.5bn, founded between 1972 and 2002.

CompanyTotal assetsTurnover
FLUVIUS ZENNE-DIJLE Lubbeek€2,521.9m€354.2m
SIBELGA Brussel€1,515.1m€396.7m
FLUVIUS Antwerpen Antwerpen€2,456.3m€430.9m
EDF BELGIUM Sint-Joost-ten-Node€1,956.2m€182.5m
C - Power Oostende€536.4m€130.5m
Luminus Sint-Joost-ten-Node€2,374.2m€3,120.8m
ASPIRAVI Kortrijk€333.0m€79.5m
Full comparison

Documents

Annual accounts at the NBB

All 45 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about FLUVIUS ZENNE-DIJLE
What is the company number of FLUVIUS ZENNE-DIJLE?
The company number of FLUVIUS ZENNE-DIJLE is 0222.343.301. The VAT number is the same number with BE in front: BE 0222.343.301.
Where is FLUVIUS ZENNE-DIJLE based?
The registered office is at Diestsesteenweg(LIN) 126, 3210 Lubbeek.Company details
What does FLUVIUS ZENNE-DIJLE do?
According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
What is the legal form of FLUVIUS ZENNE-DIJLE?
The legal form of FLUVIUS ZENNE-DIJLE is Opdrachthoudende vereniging (Vlaams Gewest).
When was FLUVIUS ZENNE-DIJLE founded?
FLUVIUS ZENNE-DIJLE was founded on 29-03-1982.
Is FLUVIUS ZENNE-DIJLE still active?
Yes, FLUVIUS ZENNE-DIJLE is an active enterprise in the KBO register.
What is the turnover of FLUVIUS ZENNE-DIJLE?
The turnover of FLUVIUS ZENNE-DIJLE was €354.2m in financial year 2025, according to the filed annual accounts.Financials
Is FLUVIUS ZENNE-DIJLE profitable?
In financial year 2025, FLUVIUS ZENNE-DIJLE made a profit of €31.7m.
Where can I find the annual accounts of FLUVIUS ZENNE-DIJLE?
FLUVIUS ZENNE-DIJLE filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of FLUVIUS ZENNE-DIJLE due?
FLUVIUS ZENNE-DIJLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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