Company: Fluxys Belgium

Management & Governance

Company structure

Shareholders

Subsidiaries

Fluxys LNG SA
Fluxys LNG SA as owner and operator markets all capacity in the Zeebrugge terminal for liquefied natural gas (LNG) in Belgium. Fluxys LNG SA is a company established under Belgian law and is a fully consolidated subsidiary by Fluxys Belgium SA – Fluxys Belgium SA stake 100%.

Flux Re
Flux Re SA is a reinsurance company established under Luxembourg law and a fully consolidated company by Fluxys Belgium SA – Fluxys Belgium SA stake 100 %.

Balansys
Balansys SA is set up to perform balancing on the integrated Belgian and Luxembourg gas markets. The company is established under Luxembourg law and is consolidated using the equity method by Fluxys Belgium SA – Fluxys Belgium SA stake 50%.

Prisma GmbH
Prisma GmbH offers shippers the possibility to book capacities directly from various European transmission system operators through one single capacity platform. Prisma GmbH is a company established under German law and a non-consolidated company – Fluxys Belgium SA stake 9.2%

Publications

Download the Corporate Governance Declaration, the Corporate Governance Charter and the Compliance programme of Fluxys Belgium and Fluxys LNG

Corporate Governance Charter (in French) 262,44 KB
Corporate Governance Charter (in Dutch) 269,48 KB
Corporate Governance Declaration (in French) 193,59 KB
Corporate Governance Declaration (in Dutch) 177,65 KB
Fluxys Belgium Compliance Report 2018 (in French) 1,49 MB
Fluxys Belgium Compliance Report 2018 (in Dutch) 1,62 MB
Fluxys LNG Compliance Report 2018 (in French) 1,18 MB
Fluxys LNG Compliance Report 2018 (in Dutch) 1,18 MB

Corporate Governance Charter

Fluxys Belgium has adopted all the provisions on management transparency with a view to ensuring that its shareholders are provided with relevant and fair information and that all the users of its transmission grid and its facilities are treated in a non-discriminatory way and in a spirit of confidentiality.

Compliance Programme

The Executive Board and Board of Directors of Fluxys Belgium have approved the compliance programme with the rules of conduct guiding personnel in their interactions with grid users:

rules on maintaining the confidentiality of commercial information concerning grid users, Fluxys Belgium and Fluxys LNG;
rules on ensuring non-discriminatory and transparent treatment of all grid users or categories of grid users, including parties merely making requests for services;
rules to ensure the independence and impartiality of personnel in their dealings with producers, distributors, suppliers and intermediaries.

The compliance programme has been communicated to the works council responsible for Fluxys Belgium and Fluxys LNG. The rules in the compliance programme are also included in the work regulations.

Corporate Bodies

Executive Board

Pascal De Buck

Chairman of the Executive Board
Chief Executive Officer (CEO)

Peter Verhaeghe
Member of the Executive Board
Chief Technical Officer (CTO)

Arno Büx
Member of the Executive Board
Chief Commercial Officer (CCO)

Audit Committee

Chairman
Ludo Kelchtermans

Members
Laurence Bovy
Sabine Colson
Patrick Côté
Anne Leclercq
Renaud Moens
Sandra Wauters

Secretariat
Nicolas Daubies acts as secretary to the Audit Committee.

Strategy Committee

Chairman
Claude Grégoire

Vice-chairman
Daniel Termont

Members
Jos Ansoms
Patrick Côté
Valentine Delwart
Luc Hujoel
Walter Nonneman
Sandra Wauters

Federal government representative acting in an advisory capacity
François Fontaine

Observer in an advisory capacity
Andries Gryffroy

Invited in an advisory capacity
Pascal De Buck

Secretariat
Nicolas Daubies acts as secretary to the Strategy Committee.

Board of Directors

Chairman
Daniel Termont

Members
Overview of the members of the Board

Federal government representative acting in an advisory capacity
François Fontaine

Invited in an advisory capacity
Pascal De Buck

Secretariat
Nicolas Daubies acts as secretary to the Board of Directors

Appointment and Remuneration Committee

Members
Laurence Bovy
Valentine Delwart
Luc Hujoel
Roberte Kesteman
Walter Nonneman
Geert Versnick

Secretariat
Anne Vander Schueren acts as secretary to the Appointment and Remuneration Committee.

Corporate Governance Committee

Chairwoman
Sandra Gobert

Members
Sabine Colson
Valentine Delwart
Roberte Kesteman
Anne Leclercq
Josly Piette
Luc Zabeau

Secretariat
Nicolas Daubies acts as secretary to the Corporate Governance Committee.

Fluxys BelgiumAvenue des Arts 31, B-1040 Brussels
+32 2 282 72 11
+32 2 230 02 39