Skip to content

HARMIGNIES ENERGY STORAGE

Active
Public limited companyfounded 2013active for 13 yearsDe Lange Beemden 14.1, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0536.237.180

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HARMIGNIES ENERGY STORAGE has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2.8m) and a net result of -€2.3m. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 14% of 349 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 28-06-2013 Normal situation
Registered office
41 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Production of electricity from non-renewable sources NACE 35110
Establishment unit
2.220.438.777 1000 Brussel, since 27-06-2013
Financial year end
31 December
Peppol
Reachable since 04-09-2025

Board and ownership

Board
  • Patronale Life NVChair · permanent representative Filip Moeykens
  • Energy Solutions Group NVManaging director · permanent representative Bert Creemers
  • RENTFIN BVDirector · since 02-05-2023 · permanent representative Peggy Rentmeesters
Auditor
BV PwC Bedrijfsrevisoren

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€1.3m
Turnover
≈ €2.2m
estimated
Loss
€2.3m
▲ 223%
Equity
-€2.8m
▼ 413%
Total assets
€83.6m
▲ 44.5%
Filed on 01-06-2026, 60 days before the deadlinePDF
Score breakdownraises riskCapped at 59: negative equityNegative equity -€2.8mLiquidity: current ratio 0.10, cash €1.3m, halvedlowers riskSize: total assets €83.6mFigures for financial year 2025 (filed on 06-06-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of large companies in electricity, gas and steam (NACE 35)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 22-2
equity -3.4% of total assets
Liquidity 36-17
short-term debt 35.5% · cash 1.6%
Profitability 22+5
return on assets -2.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (54 companies, NACE 35, large)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.2%▼ -0.4 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.1 (0.55 in 2024), below 1. Short-term debt is 35.5% and cash 1.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, large). It does better than 4% of them on solvency, 13% on liquidity, 15% on profitability and 2% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €83.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€2.8m
NBB · annual accounts
raises risk · Liquidity: current ratio 0.10, cash €1.3m, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 06-06-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2.8m
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
84 days early
2023
70 days early
2022
80 days early
2021
67 days early
2020
82 days early
2019
50 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 70 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 23 May (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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€2.8m View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€2.3m View
  • Caution: Result fell in 2025from -€708,744 to -€2.3m ▼ 223% View
  • Caution: Lower net result than 95% of companies in electricity, gas and steamsector median €18,982 · 349 companies -€2.3m View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
  • A director leftlatest change 07-10-2026 · 3 in office 1 left View

Companies linked to HARMIGNIES ENERGY STORAGE

Comparable companies

These companies have the same main activity as HARMIGNIES ENERGY STORAGE: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €9.2m and €18m, founded between 2007 and 2017.

CompanyTotal assetsGross margin
HARMIGNIES ENERGY STORAGE Heusden-Zolder€83.6m€1.3m
Belfuture Merelbeke-Melle€11.8m€3.1m
LEIESTROOM Gent€9.2m€0.9m
AGROGAS Geel€9.9m€2.2m
CORETEC Services Awans€15.8m€2.6m
HELEXIA BELGIUM INVEST Oudergem€18.1m€1.3m
NPG BOCHOLT Bocholt€11.9m€3.1m
Full comparison

Documents

Annual accounts at the NBB

All 13 annual accounts

Articles and registers

Key facts about HARMIGNIES ENERGY STORAGE

What is the company number of HARMIGNIES ENERGY STORAGE?
The company number of HARMIGNIES ENERGY STORAGE is 0536.237.180. The VAT number is the same number with BE in front: BE 0536.237.180.
Where is HARMIGNIES ENERGY STORAGE based?
The registered office is at De Lange Beemden 14.1, 3550 Heusden-Zolder.Company details
What does HARMIGNIES ENERGY STORAGE 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 HARMIGNIES ENERGY STORAGE?
The legal form of HARMIGNIES ENERGY STORAGE is Public limited company (NV).
When was HARMIGNIES ENERGY STORAGE founded?
HARMIGNIES ENERGY STORAGE was founded on 28-06-2013.
Is HARMIGNIES ENERGY STORAGE still active?
Yes, HARMIGNIES ENERGY STORAGE is an active enterprise in the KBO register.
What is the turnover of HARMIGNIES ENERGY STORAGE?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €1.3m and 1,586 comparable companies of the same size. It probably lies between €1.5m and €3.6m. It is a rough estimate. In financial year 2023 turnover was €70,216.Financials
Is HARMIGNIES ENERGY STORAGE profitable?
In financial year 2025, HARMIGNIES ENERGY STORAGE made a loss of €2.3m.
Where can I find the annual accounts of HARMIGNIES ENERGY STORAGE?
HARMIGNIES ENERGY STORAGE filed 13 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 HARMIGNIES ENERGY STORAGE due?
HARMIGNIES ENERGY STORAGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.