EnergyVision Annual Report 2019

P R E FA C E PREFACE IT WAS A VERY STRONG YEAR 2019 FOR ENERGYVISION THE PASSION FOR OUR CUSTOMERS IS AND REMAINS AS DAY ONE “In 2019, EnergyVision stopped taking baby steps and put on its seven- league boots.” “Today everything is different from five years ago. It’s fantastic.” EnergyVision NV had a very strong year in 2019. The - financial and strategic - promises that management made to the Board of Directors at the inaugural meeting in December 2018 have all been met. In 2019, EnergyVision stopped taking baby steps and put on its sev- en-league boots, as evidenced by the expansion in the financial and sales departments, the strong financial results achieved and the inauguration of prestigious projects by the Minister for Brussels, Sven Gatz, and HRH Princess Astrid. EnergyVision has been able to make its mark on every continent: it is a market leader in Morocco, a recognised trader in niche products in China and the driving force behind pioneering projects in Belgium. The ongoing energy transition to- wards renewable energy sources in the fight against climate change is opening all sorts of opportunities. Five years ago, when EnergyVision was founded, there were five of us. We didn’t know much, but there were a few things we did know for sure. First: that we would do everything - absolutely everything - to make our customers happy. We would work day and night on energy solutions, based on a genuine passion for our custom- ers and concern for our planet. Second: we would keep doing it for a long time to come. You know how it is when you’re young and eager. Third: we would never let investors get a foot in the doorway - no sharks, no busybodies, no interference. Fourth: we would never become a limited company - we’d rather keep things small and beautiful, making decisions amongst ourselves. Like we just said: no busybodies. Besides local subject knowledge on three continents, EnergyVision has the corporate culture and intrinsic strength to put itself in a position to reel in strategically important projects and to grow as a company. These are all strong elements that lead us to expect the best in the future - we are looking forward to it! On behalf of the Board of Directors, I would like to congratulate everyone at EnergyVision and thank them for their ongoing commitment and involvement over the past year. Kind regards, Maqsud Bilal Chairman of the Board of Directors, EnergyVision Fifth: we would never have more than 15 employees, to ensure a managea- ble scale. Now, five years later, we are a limited company. Without investors, but the majority of our directors are external. It’s great. Five years later, we have more than a hundred employees. It is a pleasure to work together every day. Five years later, we are not quite as small as we were, but working here every day is still a wonderful experi- ence. The structures are in place, the machinery is running at full speed, we have ISO certification, we have statu- tory auditors and procedures and you name it, but the organisation is not becoming unwieldy and above all: our passion for our customers is as strong as it was on day one, and that is the way it is going to stay. This is our very first Annual Report, in the fifth year of our existence. There will be many reports to come. EnergyVision is here to stay. In the meantime, 2020 is already well underway. The year started in full Corona crisis in China, followed by Belgium and Morocco. While the whole world was shocked, our teams once again proved how strong the company is today: in the first quarter Belgium pressed the accelerator to support China, in the second quarter the roles are reversed. Same for Morocco. And so one branch helps another alternately. The result will be that, despite Corona and all the diffi- culties that that entails, 2020 will be the best year in our history. And that proves that our title of this “Annual Report 2019” was no coincidence: we are indeed ready for the future, even if that future shakes the whole world in ways no one could have predicted. Maarten Michielssens CEO EnergyVision 6 7 E N E R G Y V I S I O N - A N N U A L R E P O R T 2 0 1 9