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ELECTRABEL

Active Public limited companyfounded 1905active for 121 yearsSimon Bolivarlaan 36, 1000 BrusselsKBO/BCE: BE 0403.170.701 subsidiary of ENGIE#1 company by total assets in Belgium, Energy sector
Part of the group ENGIE 197 companies in 29 countries
See the group

Annual accounts 2025

full format, filed on 01-07-2026, 30 days before the deadline
€13.08bn
▲ 18.7%
€1.24bn
▼ 28.2%
€1.53bn
▼ 24.9%
€5.29bn
▼ 35.2%
49.7%
▲ 19.8 percentage points
1.48
▲ 1.00

Money flows

of every €100 of turnover, €38.22 remains as profit in 2025

Balance sheet

balance sheet total €20.52bn on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

49.7%

Higher than 68% of 352 companies in 2025.

1.48

Higher than 55% of 341 companies in 2025.

24.4%

Higher than 95% of 343 companies in 2025.

ELECTRABEL Middle half of the sector 80% of the sector Full accounts in electricity, gas and steam (NACE 35)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

Men and women25% women

3,216 men and 1,045 women in full-time equivalents in 2025.

€176,252

Men €170,913, women €138,143 per full-time equivalent. Jobs differ, so this is not a pay gap.

-102 people

people who joined people who left

In 2025, 174 people joined and 276 left. Training hours in 2025: 169,168. Agency workers: 1.9 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 20.52bn52.15bn46.51bn50.77bn47.61bn41.92bn50.86bn48.58bn52.28bn52.08bn50.40bn51.82bn52.11bn56.51bn46.24bn47.65bn45.45bn
21/28 12.07bn40.78bn38.83bn39.64bn38.16bn36.61bn46.44bn44.42bn48.48bn47.39bn47.56bn48.66bn48.75bn50.62bn41.38bn39.34bn31.13bn
21 729.9m839.0m813.1m860.0m811.8m753.5m850.2m896.7m1.05bn921.5m575.0m555.5m558.5m645.9m800.6m1.01bn659.4m
22/27 1.58bn1.42bn1.22bn1.13bn1.28bn1.44bn1.53bn1.57bn1.62bn1.52bn1.49bn1.43bn1.46bn2.08bn2.12bn2.17bn2.03bn
22 29.4m39.1m39.8m40.8m49.6m49.9m41.4m42.4m45.1m46.8m48.3m61.2m81.2m102.7m109.0m117.6m119.6m
23 737.6m577.4m721.4m826.2m1.02bn1.26bn1.32bn1.22bn1.23bn1.19bn1.18bn1.10bn1.13bn1.33bn1.37bn1.26bn1.26bn
24 4.0m4.9m2.3m3.9m6.8m11.6m12.9m14.6m9.1m8.9m5.9m10.1m10.9m14.2m9.0m9.9m8.5m
26 1.4m3.7m9.1m10.7m12.5m17.8m19.3m20.3m20.3m22.5m23.5m24.2m4.4m5.2m1.2m1.7m795,219
27 804.4m796.0m446.3m248.4m192.8m96.0m135.5m275.2m319.9m256.3m234.6m237.3m227.0m250.9m235.6m360.2m498.1m
28 9.77bn38.52bn36.80bn37.65bn36.07bn34.41bn44.06bn41.96bn45.81bn44.95bn45.49bn46.66bn46.74bn47.89bn38.46bn36.16bn28.43bn
280/1 9.41bn38.51bn36.79bn37.65bn36.06bn34.40bn44.05bn41.95bn45.76bn44.89bn45.41bn46.58bn46.56bn47.66bn38.01bn35.28bn26.50bn
280 7.13bn38.51bn36.79bn35.28bn33.69bn31.93bn35.46bn34.22bn35.32bn34.46bn45.41bn46.58bn46.56bn47.64bn37.99bn34.58bn26.50bn
281 2.28bn624,3121.5m2.36bn2.38bn2.48bn8.59bn7.73bn10.43bn10.43bn125,000-2.6m20.2m20.7m703.1m4.4m
282/3 347.4m1.9m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m23.6m18.6m203.4m615.1m1.67bn
282 30.1m1.9m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m23.6m18.6m92.3m491.9m1.54bn
283 317.3m-------------111.0m123.1m135.3m
284/8 5.2m6.8m7.4m7.4m7.4m7.7m8.2m8.3m52.3m53.4m87.0m84.7m154.0m212.5m248.4m261.8m260.8m
284 4.9m6.4m7.0m7.0m7.0m7.0m7.4m7.5m51.5m52.5m86.5m84.3m153.5m153.8m155.2m92.6m167.6m
285/8 370,503374,252372,050371,295373,432666,656793,893806,805811,965856,722492,134477,461462,90558.6m93.1m169.2m93.2m
29/58 8.45bn11.37bn7.68bn11.12bn9.45bn5.31bn4.42bn4.16bn3.80bn4.70bn2.84bn3.17bn3.36bn5.89bn4.86bn8.31bn14.33bn
29 128.9m171.5m335.6m225.7m123.6m123.5m93.3m86.8m79.7m95.4m141.3m242.0m372.9m561.5m720.0m841.7m1.18bn
290 12.0m0-63.4m27.4m25.8m-7.5m2.0m2.0m-------
291 116.9m171.5m335.6m162.3m96.2m97.7m93.3m79.3m77.8m93.4m141.3m242.0m372.9m561.5m720.0m841.7m1.18bn
3 117.1m120.3m159.6m172.6m237.6m288.6m263.9m267.0m251.9m256.6m242.2m223.1m197.1m300.5m295.0m288.8m303.8m
30/36 117.1m120.3m159.6m172.6m205.8m270.7m255.5m267.0m251.9m256.6m242.2m223.1m197.1m300.5m295.0m288.8m303.8m
30/31 96.4m106.4m150.4m161.0m194.5m259.4m244.2m250.7m235.5m228.6m214.1m195.9m197.1m300.5m288.7m287.8m302.2m
34 20.1m11.6m7.4m11.3m11.3m11.3m11.3m16.4m16.5m28.1m28.1m27.3m-----
36 637,1152.4m1.8m288,373---------7276.3m958,2811.6m
37 ----31.8m17.9m8.4m----------
40/41 5.94bn9.25bn4.94bn5.95bn6.91bn3.10bn2.23bn1.76bn1.65bn2.40bn2.24bn2.50bn2.56bn4.85bn3.70bn4.06bn9.62bn
40 2.71bn2.65bn2.93bn5.23bn3.53bn1.74bn1.40bn1.53bn1.35bn1.61bn1.23bn1.27bn1.25bn3.32bn2.51bn1.82bn3.41bn
41 3.23bn6.60bn2.01bn719.4m3.38bn1.36bn828.7m234.8m291.4m789.1m1.01bn1.24bn1.32bn1.53bn1.19bn2.24bn6.21bn
50/53 ---------------2.53bn2.72bn
51/53 ---------------2.53bn2.72bn
54/58 30.7m15.2m149.9m16.5m9.8m9.6m9.9m13.3m17.7m13.0m17.7m17.4m19.6m27.8m38.9m423.9m324.9m
490/1 2.23bn1.81bn2.10bn4.76bn2.17bn1.79bn1.82bn2.03bn1.81bn1.93bn193.1m181.8m204.0m159.5m112.4m161.8m183.4m
Balance sheet: equity and liabilities
10/49 20.52bn52.15bn46.51bn50.77bn47.61bn41.92bn50.86bn48.58bn52.28bn52.08bn50.40bn51.82bn52.11bn56.51bn46.24bn47.65bn45.45bn
10/15 10.21bn15.63bn14.01bn16.20bn16.30bn15.63bn18.32bn17.55bn17.97bn19.91bn21.08bn22.44bn21.31bn22.21bn18.82bn16.53bn13.59bn
10/11 4.63bn12.87bn12.87bn12.87bn12.87bn12.87bn4.64bn4.64bn4.64bn4.64bn4.64bn4.64bn4.62bn4.62bn3.92bn2.82bn2.37bn
10 4.63bn4.64bn4.64bn4.64bn4.64bn------------
100 5.78bn5.79bn5.79bn5.79bn5.79bn5.79bn5.79bn5.79bn5.79bn5.79bn5.79bn5.79bn5.77bn5.77bn5.07bn5.07bn3.27bn
101 1.15bn1.15bn1.15bn1.15bn1.15bn1.15bn1.15bn1.15bn1.15bn1.15bn1.15bn1.15bn1.15bn1.15bn1.15bn2.25bn900.0m
11 08.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn5.43bn5.43bn3.73bn
1100/10 08.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn8.23bn5.43bn5.43bn3.73bn
13 579.0m2.76bn2.76bn2.76bn2.76bn2.76bn3.97bn3.97bn3.97bn4.71bn4.75bn4.77bn4.90bn4.92bn4.97bn5.00bn5.00bn
130/1 579.0m579.0m579.0m579.0m579.0m579.0m4646464646464646464646
130 579.0m579.0m579.0m579.0m579.0m579.0m579.0m579.0m579.0m579.0m579.0m579.0m507.3m507.3m507.3m507.3m479.8m
1319 4646464646464646464646464646464646
132 ---------735.6m783.9m799.3m997.2m1.02bn1.07bn1.11bn1.13bn
133 02.18bn2.18bn2.18bn2.18bn2.18bn3.39bn3.39bn3.39bn3.39bn3.39bn3.39bn3.39bn3.39bn3.39bn3.39bn3.39bn
14 5.00bn0-1.62bn572.8m671.3m-1.48bn712.4m1.13bn2.34bn3.45bn4.80bn3.56bn4.44bn4.49bn3.26bn2.49bn
15 316,290371,659427,028499,636601,197702,757804,317910,0701.0m1.2m1.3m1.4m1.6m3.2m5.0m6.2m8.2m
16 1.67bn7.21bn7.06bn1.88bn1.55bn1.47bn1.55bn1.44bn1.51bn2.44bn1.11bn1.11bn1.38bn849.8m874.6m822.3m779.8m
160/5 1.67bn7.21bn7.06bn1.88bn1.55bn1.47bn1.55bn1.44bn1.51bn2.34bn1.00bn990.1m1.26bn713.1m727.0m663.7m610.3m
160 135.7m131.3m124.5m122.4m153.7m153.7m172.8m4.8m3.4m6.1m6.5m9.0m11.0m9.5m10.8m11.8m12.3m
161 47.2m46.6m46.6m46.6m8.0m8.0m8.0m25.3m25.3m--------
162 129.3m138.9m183.5m178.0m227.0m220.7m311.3m348.3m432.0m417.3m348.7m332.4m323.7m244.9m291.9m257.5m215.9m
163 1.06bn6.64bn6.47bn1.26bn840.1m774.6m699.1m692.3m670.6m627.6m-------
164/5 299.6m255.1m235.8m276.8m320.1m317.9m357.1m372.0m378.8m1.29bn646.5m648.8m921.0m458.6m424.2m394.4m382.1m
168 0--------99.4m107.3m115.6m126.1m136.7m147.7m158.6m169.5m
17/49 8.64bn29.30bn25.43bn32.68bn29.76bn24.81bn31.00bn29.58bn32.81bn29.73bn28.21bn28.28bn29.42bn33.45bn26.55bn30.30bn31.08bn
17 2.28bn5.57bn9.96bn13.66bn14.86bn19.58bn18.46bn18.91bn20.91bn19.04bn21.56bn20.19bn22.14bn24.65bn18.27bn20.83bn15.62bn
170/4 2.28bn5.57bn9.43bn13.16bn14.67bn19.40bn18.46bn18.91bn20.90bn12.49bn16.14bn15.06bn16.99bn19.52bn13.09bn15.93bn10.71bn
171 ------------499.1m600.0m600.0m600.0m600.0m
172 --6.6m35.7m74.0m110.9m146.4m180.6m213.4m245.1m275.5m304.8m333.0m353.6m385.1m413.3m146.7m
173 -------100.0m100.0m405.4m410.9m464.6m470.1m648.5m654.0m659.6m615.2m
174 2.28bn5.57bn9.43bn13.12bn14.60bn19.29bn18.31bn18.63bn20.59bn11.84bn15.45bn14.29bn15.69bn17.92bn11.45bn14.25bn9.34bn
175 ---------6.55bn5.42bn5.13bn5.00bn4.78bn4.63bn4.12bn3.92bn
1750 ---------6.55bn5.42bn5.13bn5.00bn4.78bn4.63bn4.12bn3.92bn
178/9 539,167539,167523.2m505.7m192.3m179.3m539,167539,167539,167539,167539,167528,803145.5m355.9m547.6m781.8m991.1m
42/48 5.71bn23.44bn15.21bn17.40bn14.23bn4.59bn11.99bn9.85bn11.14bn10.08bn6.29bn7.68bn6.92bn8.49bn7.94bn9.05bn14.84bn
42 538.5m10.43bn7.21bn4.83bn4.93bn905.5m6.04bn4.69bn7.08bn3.11bn3.39bn4.44bn2.59bn1.88bn2.46bn944.0m2.53bn
43 08,67502401.7m----2.73bn875.0m890.1m1.20bn1.62bn1.32bn1.23bn5.62bn
430/8 08,67502401.7m----4.7m-15.1m--104,595-1.6m
439 ---------2.73bn875.0m875.0m1.20bn1.62bn1.32bn1.23bn5.62bn
44 2.38bn3.25bn2.82bn7.80bn3.35bn1.78bn4.06bn1.79bn1.84bn2.11bn1.53bn1.74bn1.56bn3.66bn2.40bn2.28bn3.19bn
440/4 2.38bn3.25bn2.82bn7.80bn3.35bn1.78bn4.06bn1.79bn1.84bn2.11bn1.53bn1.74bn1.56bn3.66bn2.40bn2.28bn3.19bn
46 1.83bn1.80bn2.69bn2.46bn1.39bn1.21bn1.26bn1.35bn1.26bn1.27bn13.5m7.3m4.2m4.9m-5.9m661,716
45 396.0m360.4m305.3m451.9m316.7m168.4m163.2m165.9m170.5m169.7m263.9m263.6m266.9m232.7m392.7m227.6m429.3m
450/3 192.4m194.0m95.6m187.7m176.9m47.7m43.1m53.2m59.0m63.8m156.1m148.1m128.8m102.4m82.0m84.6m291.9m
454/9 203.6m166.4m209.7m264.3m139.8m120.7m120.1m112.7m111.5m105.9m107.8m115.5m138.0m130.3m310.8m143.1m137.4m
47/48 571.6m7.59bn2.19bn1.86bn4.24bn528.5m462.8m1.86bn781.6m680.7m227.3m347.1m1.30bn1.10bn1.36bn4.37bn3.07bn
492/3 650.7m294.7m263.5m1.62bn669.7m644.8m557.9m820.1m763.6m610.9m365.1m404.5m363.3m300.1m340.9m418.4m625.7m
Income statement
70/76A 13.99bn11.76bn16.93bn22.62bn13.02bn11.42bn11.28bn11.60bn11.85bn12.35bn11.27bn13.10bn13.14bn14.46bn15.28bn15.66bn14.88bn
70 13.08bn11.02bn15.11bn21.88bn12.54bn10.92bn10.64bn11.08bn11.35bn11.93bn10.57bn12.41bn12.47bn13.77bn14.54bn14.83bn14.14bn
71 0-132,697931,5283.0m13.8m9.6m8.4m----------
72 69.0m65.1m51.8m155.3m94.3m180.9m200.1m220.2m233.1m186.7m86.8m50.5m71.2m101.5m87.5m111.2m163.1m
74 787.8m671.2m489.7m432.6m318.0m------------
76A 46.4m3.9m1.28bn147.6m47.7m35.3m66.0m27.6m3.1m1.21bn11.0m2.08bn69.6m148.8m795.8m431.8m810.0m
60/66A 12.74bn10.03bn19.67bn25.05bn12.26bn11.56bn13.41bn13.10bn12.71bn13.27bn11.36bn12.72bn12.72bn13.81bn14.16bn14.65bn13.74bn
60 10.03bn7.22bn11.41bn17.82bn9.79bn9.46bn9.36bn10.47bn9.90bn10.20bn9.49bn10.84bn10.42bn11.57bn11.70bn12.40bn11.57bn
600/8 10.05bn7.20bn11.42bn17.81bn9.82bn9.47bn9.36bn10.49bn9.90bn10.23bn9.51bn10.89bn10.45bn11.59bn11.70bn12.39bn11.62bn
609 -17.4m13.8m-8.4m4.8m-26.0m-11.4m-2.9m-21.7m-2.6m-22.3m-24.6m-47.4m-31.2m-17.1m-6.9m12.5m-48.1m
61 1.18bn1.09bn975.1m907.6m850.5m808.2m1.05bn865.3m951.4m923.9m863.4m957.1m1.07bn1.12bn1.14bn1.17bn1.11bn
62 751.0m690.5m692.5m759.9m613.0m607.5m591.6m594.9m581.1m581.1m591.6m641.1m667.5m685.2m872.0m695.8m726.0m
630 290.8m311.6m271.6m371.7m330.1m385.3m331.2m288.6m256.7m238.0m159.3m179.9m228.4m249.7m251.3m223.1m154.5m
631/4 28.8m81.6m20.1m130.5m91.1m-10.9m-2.4m2.5m-5.2m2.6m5.3m19.4m5.8m5.8m-1.3m3.0m2.4m
635/8 98.2m125.1m66.0m-52.9m52.7m-91.8m-175.8m-131.6m-76.8m4.4m-339,767-36.2m138.3m-15.1m62.6m52.9m-4.7m
640/8 311.7m412.8m1.08bn1.42bn304.1m155.7m263.9m256.2m286.6m244.7m252.2m109.9m191.0m195.6m135.4m109.5m173.4m
66A 53.5m104.9m5.16bn3.70bn225.4m252.0m2.00bn759.7m815.0m1.07bn1.25bn1.38bn2.34bn697.0m662.1m323.6m306.5m
9901 1.24bn1.73bn-2.74bn-2.43bn758.8m-143.9m-2.14bn-1.50bn-857.2m-922.8m-93.4m380.4m422.3m645.2m1.12bn1.01bn1.14bn
75/76B 10.64bn6.82bn1.56bn3.00bn1.86bn1.32bn8.75bn2.29bn1.43bn1.96bn997.2m1.02bn1.75bn765.7m849.6m401.6m1.03bn
75 10.11bn5.08bn176.0m1.31bn92.8m1.28bn8.66bn2.26bn363.0m750.4m997.2m1.02bn1.75bn765.7m849.6m401.6m1.03bn
750 10.05bn5.03bn108.5m1.27bn85.6m1.25bn8.66bn2.25bn266.7m734.8m938.0m1.01bn1.52bn750.1m764.4m346.2m527.2m
751 28.7m38.6m44.7m9.2m1.4m2.1m1.8m2.2m1.9m3.6m1.6m294,7073.5m1.6m33.9m49.6m59.0m
752/9 32.4m9.3m22.8m33.2m5.9m30.0m1.8m10.9m94.4m12.0m57.5m5.3m226.7m14.0m51.3m5.8m444.3m
76B 535.0m1.74bn1.38bn1.68bn1.76bn44.0m89.7m27.6m1.07bn1.21bn-------
65/66B 6.86bn615.6m847.2m733.6m637.5m3.15bn5.85bn1.20bn959.9m2.20bn1.04bn981.8m819.7m988.4m908.3m711.6m1.12bn
65 222.7m591.0m847.2m638.7m636.3m682.0m720.8m738.8m615.0m878.6m1.04bn981.8m819.7m988.4m908.3m711.6m1.12bn
650 200.3m532.0m802.6m618.4m596.8m653.5m685.8m703.0m585.5m834.4m780.9m794.5m810.5m824.6m812.7m640.2m751.0m
652/9 22.3m59.0m44.6m20.3m39.5m28.4m35.0m35.8m29.5m44.2m257.3m187.3m9.2m163.8m95.6m71.5m373.8m
66B 6.64bn24.7m094.9m1.2m2.47bn5.13bn466.0m344.9m1.32bn-------
9903 5.02bn7.94bn-2.03bn-168.0m1.98bn-1.97bn766.4m-417.1m-385.4m-1.17bn-1.37bn1.11bn-916.3m-125.7m1.20bn807.7m1.55bn
67/77 23.3m88.0m162.4m-69.5m61.3m22.6m83,256136,7664.5m1.1m7,7374.3m94,502-9.1m12.5m35.4m556,604
670/3 23.3m88.0m162.4m376,26761.3m22.6m84,423136,7664.5m1.6m39,8584.3m94,502-50.8m36.9m1.1m
77 03,252-69.8m--1,167--492,11632,121--9.1m38.3m1.5m591,605
9904 5.00bn7.85bn-2.19bn-98.5m1.92bn-1.99bn766.3m-417.2m-290.5m-1.16bn-1.36bn1.11bn-905.8m-105.7m1.20bn783.2m1.38bn
789 --------735.6m48.3m16.1m197.9m20.5m56.5m32.5m21.8m16.8m
689 ----------------331.4m
9905 5.00bn7.85bn-2.19bn-98.5m1.92bn-1.99bn766.3m-417.2m445.1m-1.11bn-1.34bn1.31bn-885.3m-49.2m1.23bn805.0m1.07bn
Appropriation of the result
9906 5.00bn6.23bn-1.62bn572.8m1.92bn-514.1m1.48bn712.4m2.79bn2.34bn3.45bn4.87bn3.56bn4.44bn4.49bn3.29bn2.49bn
14P 0-1.62bn572.8m671.3m-------------
791/2 10.41bn----1.21bn-----------
791 8.23bn----------------
792 2.18bn----1.21bn-----------
691/2 -----------71.7m---27.5m-
6920 -----------71.7m---27.5m-
694/7 10.41bn6.23bn--1.24bn693.0m--1.66bn--------
694 10.41bn6.23bn--1.24bn693.0m--1.66bn--------
Social balance sheet
9087 4,2614,324.64,303.94,368.24,544.64,659.34,668.84,655.14,694.34,771.34,871.55,265.65,477.15,718.65,900.76,111.26,359.9
Men (FTE)1003 3,2163,269.53,257.33,331.23,485.73,580.13,593.73,593.53,639.73,704.13,749.94,054.84,207.14,358.6---
Women (FTE)1003 1,0451,055.11,046.61,0371,058.91,079.21,075.11,061.61,054.61,067.21,121.61,210.81,2701,360---
Agency workers1501 1.95.45.42.82.74.69.412.175.327.613.913.122.824.742.6
Hours worked1013 5,914,4065,951,1355,807,7305,806,1436,123,7666,359,8866,169,7786,286,2636,391,3026,557,8036,747,9977,301,0507,796,1018,283,9678,591,6498,998,3239,290,880
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 11 older financial years (1993-2008) were filed as documents without figures as data, scans for example.

The notes to these accounts have 159 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 01-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 01-07-2026 2026-00287420 PDF
31-12-2024 full format 12-08-2025 2025-00380890 PDF
31-12-2023 full format 22-10-2024 2024-00514735 PDF
31-12-2022 full format 22-05-2023 2023-00092647 PDF
31-12-2021 full format 29-04-2022 2022-20018048 PDF
31-12-2020 full format 21-05-2021 2021-15000081 PDF
31-12-2019 full format 25-05-2020 2020-12900542 PDF
31-12-2018 full format 16-05-2019 2019-13300516 PDF
31-12-2017 full format 16-05-2018 2018-13300128 PDF
31-12-2016 full format 12-05-2017 2017-12300109 PDF
31-12-2015 full format 10-05-2016 2016-11800410 PDF
31-12-2014 full format 19-05-2015 2015-12800207 PDF
31-12-2013 full format 14-05-2014 2014-12700421 PDF
31-12-2012 full format 15-05-2013 2013-12300524 PDF
31-12-2011 full format 14-05-2012 2012-11900575 PDF
31-12-2010 full format 12-05-2011 2011-11400167 PDF
31-12-2009 full format 21-06-2010 2010-22300257 PDF
31-12-2008 full format 05-06-2009 2009-20900350 PDF
31-12-2007 full format 14-05-2008 2008-13600190 PDF
31-12-2006 consolidated 22-06-2007 2007-25900316 PDF
31-12-2006 full format 22-06-2007 2007-25900317 PDF
31-12-2005 consolidated 08-06-2006 2006-20500245 PDF
31-12-2005 full format 08-06-2006 2006-20500242 PDF
31-12-2004 consolidated 09-06-2005 2005-22200208 PDF
31-12-2004 full format 09-06-2005 2005-22200206 PDF
31-12-2003 consolidated 11-06-2004 2004-23200030 PDF
31-12-2003 full format 11-06-2004 2004-23200028 PDF
31-12-2002 consolidated 02-06-2003 2003-18500161 PDF
31-12-2001 consolidated 03-06-2002 2002-15700129 PDF
31-12-2001 full format 03-06-2002 2002-15700126 PDF
31-12-2000 consolidated 13-06-2001 2001-19800035 PDF
31-12-2000 full format 13-06-2001 2001-19800033 PDF
31-12-1999 consolidated 08-06-2000 2000-19400048 PDF
31-12-1998 consolidated 31-05-1999 1999-12902559 PDF
31-12-1998 full format 31-05-1999 1999-12902601 PDF
31-12-1997 consolidated 10-06-1998 1998-16300376 PDF
31-12-1996 consolidated 09-06-1997 1997-13601480 PDF
31-12-1996 full format 09-06-1997 1997-13601372 PDF
31-12-1995 consolidated 05-06-1996 1996-13000131 PDF
31-12-1994 consolidated 01-06-1995 1995-11800801 PDF
31-12-1993 unclassified schema 07-06-1994 1994-12403324 PDF
31-12-1993 consolidated 07-06-1994 1994-12403256 PDF
31-12-1992 consolidated 11-06-1993 1993-12900200 PDF
31-12-1991 consolidated 11-06-1992 1992-09903533 PDF
31-12-1990 consolidated 06-06-1991 1991-08004783 PDF
31-12-1989 consolidated 29-05-1990 1990-05802840 PDF
31-12-1988 consolidated 31-05-1989 1989-05804263 PDF
31-12-1987 consolidated 08-06-1988 1988-06801126 PDF
31-12-1986 consolidated 25-05-1987 1987-07200697 PDF
31-12-1985 consolidated 26-05-1986 1986-08400582 PDF
31-12-1984 consolidated 07-05-1985 1985-03402217 PDF
31-12-1983 consolidated 03-05-1984 1984-02301799 PDF
31-12-1982 consolidated 27-04-1983 1983-02001306 PDF
31-12-1981 consolidated 28-04-1982 1982-01901343 PDF
31-12-1980 consolidated 27-05-1981 1981-03500603 PDF
31-12-1979 consolidated 12-05-1980 1980-02500076 PDF
31-12-1978 consolidated 16-05-1979 1979-02702288 PDF
31-12-1977 consolidated 10-05-1978 1978-00400789 PDF

Subsidies and aid

Flemish government 2022 to 2025, 16 entries, €33.8m awarded, €873,917 paid

Year Entries AwardedPaid
2025 6 €0.02m€0.7m
2024 4 €2.1m€0.04m
2023 2 €0.1m€0.07m
2022 4 €31.6m€0.08m

Federal government 2023 to 2025, 3 entries, €264.1m in total

YearDepartmentTransactionsAmount
2025FPS Economy1€190.0m
2024FPS Economy1€60.6m
2023FPS Economy1€13.5m

European Union 2021 to 2025, 58 entries, €115.8m in total

O.0.1 - Innovation Fund (IF)
€87.6m
Linked to buildings
€13.9m
Horizon Europe
€11.3m
DA/JU/EUI - Decentralised Agencies, Joint Undertakings, EU institutions
€2.4m
1.0.1OTH - Other actions
€300,000
Euratom Research and Training Programme
€179,974
European Defence Fund (Research)
€112,229
International Thermonuclear Experimental Reactor (ITER)
€23,220
5.0.1SPEC - Actions financed under the prerogatives of the Commission and specific competences conferred to the Commission
€15,000
Year Entries Awarded
2025 18 €25.2m
2024 6 €0.9m
2023 10 €72.6m
2022 15 €13.2m
2021 9 €3.9m

European research 5 projects, €215,763 EU contribution

Projects

  • Interactions between automated energy systems and Flexibilities brought by energy market playersHorizon 2020, third party, 01-01-2017 to 31-12-2019, €151,721, InterFlex
  • CO2 Enhanced Separation and RecoverySeventh Framework Programme, participant, 01-02-2008 to 31-05-2011, €54,009, CESAR
  • Fast-tracking Offshore Renewable energy With Advanced Research to Deploy 2030MW of tidal energy before 2030Horizon 2020, third party, 01-09-2021 to 31-07-2027, €10,033, FORWARD-2030
  • Interoperable Solutions Connecting Smart Homes, Buildings and GridsHorizon 2020, third party, 01-10-2019 to 31-03-2024, InterConnect
  • Demonstration of Large Scale Biomass Co-Firing and Supply Chain IntegrationSeventh Framework Programme, participant, 01-01-2008 to 31-12-2012, DEBCO
  • COLUMBUS - A SCALABLE AND REPLICABLE SOLUTION TO DECARBONISE INDUSTRY BY THE COMBINATION OF CAPTURED FATAL CO2 FROM LIME PRODUCTION WITH GREEN HYDROGEN, TO PRODUCE CARBON-NEUTRAL SYNTHETIC E-METHANEInnovation Fund, 01-01-2024 to 31-12-2031, €67.7m
  • H2BE: THE FIRST 1GW LOW-CARBON H2 PRODUCTION FACILITY TO ENABLE AND ACCELERATE INDUSTRIAL DECARBONISATION, CRITICAL H2/CO2 INFRASTRUCTURE REALISATION AND H2 MARKET DEVELOPMENT IN NORTHERN EUROPE.Innovation Fund, 01-02-2025 to 31-12-2034, €19.9m, H2BE
  • EAU, GAZ, ÉLECTRICITÉ ET CHAUFFAGELinked to buildings, 01-02-2021 to 31-12-2024, €13.5m
  • SUPPLY OF ELECTRICITY JRC GEELHorizon Europe, 07-12-2021 to 31-12-2023, €7.0m
  • WATER, GAS, ELECTRICITY AND HEATINGLinked to buildings, 01-07-2025 to 30-12-2026, €1.4m
  • SCS6 - ELECTRABEL - EEAS/SCS.6/2024/UCA 24/039 - FOURNITURE D'ÉNERGIE ÉLECTRIQUE VERTE HAUTE TENSION ET BASSE TENSION POUR LES BÂTIMENTS DES INSTITUTIONS EUROPÉENNES ET DES ENTITÉS PARTICIPANTES SITUÉES EN RÉGION DE BRUXELLES - LOT 1Decentralised Agencies, Joint Undertakings, EU institutions, 01-01-2025 to 31-12-2027, €1.3m
  • SUPPLY OF ELECTRICITYHorizon Europe, 01-01-2022 to 31-12-2025, €1.3m
  • ENERGY SUPPLYDecentralised Agencies, Joint Undertakings, EU institutions, 01-01-2025 to 31-12-2025, €928,779
  • NON IT EXPENDITUREHorizon Europe, 01-07-2023 to 31-12-2026, €785,186
  • GD: ELEC SUPPLY 2019Horizon Europe, 11-12-2018 to 31-12-2022, €760,576
  • SUPPLY OF NATURAL GAS JRC GEELHorizon Europe, 29-08-2022 to 31-12-2023, €225,000

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
1.53bn2.04bn-2.47bn-2.06bn1.09bn241.4m-1.81bn-1.21bn-600.5m-684.8m65.8m560.3m650.7m894.9m1.37bn1.23bn1.30bn
5.29bn8.16bn-1.92bn273.2m2.25bn-1.61bn1.10bn-128.6m-33.8m-923.5m-1.20bn1.29bn-677.4m144.0m1.45bn1.01bn1.54bn
993.1m1.17bn1.01bn932.3m770.1m729.2m7.45bn856.3m3.93bn1.31bn1.84bn1.10bn1.25bn11.94bn26.06bn23.44bn4.63bn
15.4m-134.6m133.4m6.7m194,498-314,548-3.4m-4.4m4.7m-4.8m390,684-2.2m-8.2m-11.2m-385.0m99.0m-
2.74bn-12.07bn-7.53bn-6.28bn-4.78bn724.9m-7.56bn-5.70bn-7.34bn-5.38bn-3.45bn-4.52bn-3.57bn-2.60bn-3.08bn-740.8m-509.2m
9.5%15.7%-18.1%-11.1%6.1%-1.3%-20.1%-13.6%-7.5%-7.7%-0.9%3.1%3.4%4.7%7.7%6.8%8.1%
49.7%30.0%30.1%31.9%34.2%37.3%36.0%36.1%34.4%38.2%41.8%43.3%40.9%39.3%40.7%34.7%29.9%
1.480.480.500.640.661.160.370.420.340.470.450.410.480.690.610.920.97
1.460.480.490.630.651.100.350.390.320.440.410.380.460.660.570.890.95
0.851.871.812.021.831.591.691.691.831.491.341.261.381.511.411.832.29
49.0%50.2%-15.6%-0.6%11.7%-12.7%4.2%-2.4%-1.6%-5.8%-6.5%5.0%-4.3%-0.5%6.4%4.7%10.2%
24.4%15.1%-4.7%-0.2%4.0%-4.8%1.5%-0.9%-0.6%-2.2%-2.7%2.1%-1.7%-0.2%2.6%1.6%3.0%
7.653.84-3.07-3.331.820.37-2.63-1.73-1.03-0.820.080.710.801.091.691.931.73
76 days88 days71 days87 days103 days58 days48 days50 days44 days49 days42 days37 days36 days88 days63 days45 days88 days
77 days143 days83 days152 days115 days63 days142 days58 days62 days69 days54 days54 days49 days105 days68 days61 days92 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By activity 2022

  • Electricité €14,917,262,55168.2%
  • Gaz €6,503,660,07929.7%
  • Prestations de services et autres activités €325,727,9021.5%
  • Autres énergies €135,174,9640.6%

Total €21,881,825,497

Source: 2022 accounts, page 36, filing 2023-00092647

By geographic market 2020

  • Belgie €6,084,887,16255.7%
  • Frankrijk €3,659,778,04433.5%
  • Nederland €827,588,9267.6%
  • Duitsland €320,899,1842.9%
  • Oostenrijk €15,791,3680.1%
  • Verenigde Staten €8,157,2720.1%
  • Italïe €1,191,0040.0%
  • Andere €665,1120.0%
  • Oman €515,2530.0%
  • Spanje €172,5380.0%
Show 3 more lines
  • Engeland €61,0790.0%
  • Zwitserland €26,9520.0%
  • Saoedi-Arabië €1,3590.0%

Total €10,919,735,253

Source: 2020 accounts, page 36, filing 2021-15000081

All years (2008 to 2022)

By activity

By activity200820092010201120122013201420152016201720182019202020212022
Electricité-----€7,464,597,143--€8,841,184,673€8,471,085,383----€14,917,262,551
Gaz€4,173,742,722€4,159,741,555--€4,237,869,227€4,412,397,620--€2,791,010,243€2,514,778,683----€6,503,660,079
Prestations de services et autres activités-----€270,243,426--€170,263,522€220,761,244----€325,727,902
Autres énergies-----€320,990,074--€131,448,795€147,929,007----€135,174,964
Elektriciteit--€9,090,492,766€9,100,780,796--€7,305,401,092€6,963,062,376--€8,010,839,204€8,300,986,063€8,947,360,053€8,941,590,968-
Gas--€4,107,040,189€4,456,419,756--€4,723,743,891€3,284,890,735--€2,712,699,520€2,030,524,829€1,696,861,289€3,250,318,939-
Diensten en andere activiteiten--€1,475,779,212€135,850,178--€207,778,741€197,215,079--€213,779,494€227,049,882€230,991,245€256,488,953-
Andere energieën------€175,013,251€129,533,038--€139,795,772€77,227,405€44,522,667€93,190,871-
Stoom en warmte--€160,342,582------------
Vapeur et chaleur€147,580,297€96,493,817-------------
Total€4,321,323,019€4,256,235,372€14,833,654,749€13,693,050,730€4,237,869,227€12,468,228,263€12,411,936,975€10,574,701,228€11,933,907,233€11,354,554,317€11,077,113,989€10,635,788,179€10,919,735,253€12,541,589,731€21,881,825,497

By geographic market

By geographic market2008200920102011201220132014201520162017201820192020
Belgie--€8,316,605,732€7,161,486,922--€7,054,799,399€5,307,810,538--€9,767,543,124€6,322,406,700€6,084,887,162
Frankrijk--€977,382,776€1,160,792,230--€1,525,274,519€1,769,973,366--€238,133,086€2,801,213,755€3,659,778,044
Nederland--€3,135,785,960€3,313,637,882--€2,834,310,762€2,476,640,994--€767,741,636€998,528,851€827,588,926
Duitsland--€1,289,164,757€1,988,616,278--€858,533,408€949,179,167--€288,726,472€492,302,821€320,899,184
Oostenrijk----------€54,282€15,433,669€15,791,368
Verenigde Staten------------€8,157,272
Italïe--€1,027,497€5,921,389€389,598,325€266,766,575€2,363,921€0-€1,197,845€2,667,089€2,727,930€1,191,004
Andere--€1,158,981€952,265--€5,032€214,962--€567,240€478,118€665,112
Oman------€93,576€5,000€705,956€101,700€87,575€32,373€515,253
Spanje--€0-------€40,000€101,379€172,538
Engeland--€770,472,051€344,445,476--€39,890,159€594,768--€1,553€117,528€61,079
Zwitserland---€11,679,487--€2,363€972,750--€4,930,973€1,225,711€26,952
Saoedi-Arabië----------€740,641€567,885€1,359
Turkije-----------€651,460€0
Noorwegen---€863,933--€0----€0-
Norwegen----------€4,974,575--
Turquije------€71,518€219,850--€905,743--
Belgique€7,783,837,857€8,253,915,507--€8,124,451,270€7,595,262,727--€7,044,885,186€6,992,289,778---
France€1,270,349,872€972,747,470--€807,132,354€967,835,939--€2,445,978,593€2,148,190,978---
Pays-Bas€4,190,247,425€3,160,943,549--€2,303,818,133€2,221,337,272--€1,710,761,166€1,509,430,968---
Allemagne€762,189,351€798,835,038--€1,549,754,246€988,960,169--€726,950,932€693,293,531---
Suisse----€16,463,482€83,395--€3,130,606€4,524,975---
Norvège-----€1,548,737---€4,303,513---
Autres----€110,486€64,730--€561,713€796,598---
Turquie€0€70,670--€34,561,609€0--€297,179€381,251---
Autriche----€5,220,645€0--€278,501€20,229---
Luxembourg€205,772,921€149,582,386--€2,635,342€81,228,373--€6,665€10,894---
Espagne€23,403,130€9,958,991------€239,498€8,470---
Angleterre€209,679,271€673,622,597--€133,918,715€43,315,815--€76,938€3,586---
Pologne€31,919,934€56,084,138--€227,738,702€228,050,085--€34,300----
Luxemburg--€46,273,914€63,443,388--€55,223,131€59,213,408-----
Polen--€82,224,711€186,636,976--€32,131,139€9,876,426-----
Hongarije--€186,560,289€147,470,014--€9,209,826€0-----
Brazilië------€28,222€0-----
Chili€0€2,917,336€0€51,025,012€27,598,252€3,490,524€0------
Panama---€14,260,597€23,425,335€2,840,663€0------
Cyprus------€0------
Hongrie€4,959,825€45,588,499--€102,077,244€67,437,298-------
Chypre----€5,618,011€5,958-------
Thaillande€0€3,537,843--€14,240,889€0-------
Danemark----€662,705€0-------
Canada---€726,233€0--------
Tsjechische Republiek---€49,901,493---------
Thailand--€13,145,938€30,580,150---------
Peru--€13,852,145€3,106,169---------
Denemarken---€2,689,949---------
L'Italie€180,811,443€425,172-----------
Total€14,663,171,028€14,128,229,195€14,833,654,751€14,538,235,840€13,769,025,745€12,468,228,260€12,411,936,975€10,574,701,229€11,933,907,233€11,354,554,317€11,077,113,989€10,635,788,179€10,919,735,253

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date4,3514,4544,4374,4704,590
full-time3,7533,8403,8263,8663,957
part-time598614611604633
in full-time equivalents4,209.34,3234,306.24,338.44,449.6
4,2614,324.64,303.94,368.24,544.6
On a permanent contract4,3084,4164,3784,4134,569
Joined174311246155103
Left276294279275301
Agency workers, average number1.95.45.42.82.7
Training hours169,168227,913192,556170,300177,984

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets-€499.9m€468.0m€216.2m€192.3m
Carrying value of the other pledged assets-€253.5m€468.0m€216.2m€212.7m
€640.0m€559.8m€572.2m€935.3m€909.7m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€405.8m€462.3m€306.0m€197.7m€126.4m
Intangible fixed assets€517.8m€709.9m€697.3m€731.6m€636.3m
Financial fixed assets€69.5m€1,206€2.5m€3.0m€7.5m
€290.8m€311.6m€271.6m€371.7m€330.1m

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees
Item20252024202320222021
Fee for the audit€1.5m€1.5m€1.5m€1.3m€1.2m
Other work by the auditor€196,000€106,500€106,320€62,250€61,550

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Public contracts

99 awards · 2024 to 2026
Fourniture de gaz et d’électricité pour RESA S.A. Intercommunale pour l'année 2028: Fourniture de gaz pour remplir les obligations de service public (OSP) du Pouvoir Adjudicateur et celle délivrée à certains URD dans un cadre exceptionnel et transitoire (fourniture X) - 209.000 MWh)
buyer: RESA Innovation et Technologie SA en son nom et pour compte de RESA SA IntercommunaleElectrical machinery and apparatusawarded 21-10-2026€6.5m5 tendersTED 749878-2026
Fourniture de gaz et électricité pour les bâtiments IDETA 2027-2030: Fourniture de la puissance et de l’énergie électrique en moyenne et basse tension aux points de fourniture/prélèvement ainsi que le rachat d’énergie verte et certificats verts
buyer: Agence Intercommunale IDETA scrlPetroleum products, fuel and electricityawarded 19-10-2026€787,4451 tenderTED 747043-2026
Fourniture de gaz et électricité pour les bâtiments IDETA 2027-2030: Fourniture de gaz aux points de fourniture/prélèvement repris dans le cahier des charges
buyer: Agence Intercommunale IDETA scrlPetroleum products, fuel and electricityawarded 19-10-2026€509,8661 tenderTED 747043-2026
Fourniture d'électricité 100% renouvelable et de gaz naturel: 2026-057-HVS-OO - Lot 1 : Fourniture d’électricité haute et basse tension
buyer: La Maison de la Solidarité asblPetroleum products, fuel and electricityawarded 02-10-2026€2.2m3 tendersTED 702276-2026
Fourniture de gaz naturel pour les immeubles occupés et/ou gérés par les institutions européennes en Région de Bruxelles-Capitale et en Région Flamande: Fourniture de gaz naturel pour les bâtiments du Parlement européen
buyer: Commission européenne, OIB - Office for Infrastructure and Logistics in BrusselsPetroleum products, fuel and electricityawarded 29-09-2026€7.8m4 tendersTED 718674-2026
Show 45 more contracts
Fourniture de gaz naturel pour les immeubles occupés et/ou gérés par les institutions européennes en Région de Bruxelles-Capitale et en Région Flamande: Fourniture de gaz naturel pour les bâtiments du Conseil de l’Union européenne
buyer: Commission européenne, OIB - Office for Infrastructure and Logistics in BrusselsPetroleum products, fuel and electricityawarded 28-09-2026€5.7m4 tendersTED 718674-2026
Fourniture de gaz naturel pour les immeubles occupés et/ou gérés par les institutions européennes en Région de Bruxelles-Capitale et en Région Flamande: Fourniture de gaz naturel pour les bâtiments du Comité européen des régions et du Comité économique et social européen
buyer: Commission européenne, OIB - Office for Infrastructure and Logistics in BrusselsPetroleum products, fuel and electricityawarded 25-09-2026€854,3224 tendersTED 718674-2026
Fourniture de gaz naturel pour les immeubles occupés et/ou gérés par les institutions européennes en Région de Bruxelles-Capitale et en Région Flamande: Fourniture de gaz naturel pour les bâtiments dépendant du Bureau du Secrétaire général des Écoles européennes
buyer: Commission européenne, OIB - Office for Infrastructure and Logistics in BrusselsPetroleum products, fuel and electricityawarded 24-09-2026€4.7m4 tendersTED 718674-2026
Fourniture de gaz naturel pour les immeubles occupés et/ou gérés par les institutions européennes en Région de Bruxelles-Capitale et en Région Flamande: Fourniture de gaz naturel pour les bâtiments de la Commission européenne et des agences sous couverture d’un SLA
buyer: Commission européenne, OIB - Office for Infrastructure and Logistics in BrusselsPetroleum products, fuel and electricityawarded 23-09-2026€10.1m4 tendersTED 718674-2026
Accord-cadre de fournitures ayant pour objet la fourniture d’Electricité et de Gaz Naturel: Energie13-Gaz&Electricité-PO-UE-ACAH-2026-324 - 1
buyer: Centrale de Négociation pour les Achats HospitaliersPetroleum products, fuel and electricityawarded 04-07-2026€13.2m2 tendersTED 473530-2026
Fourniture d’électricité pour les sites de Liège, Arlon, Gembloux, du Centre Spatial de Liège, et les entités partenaires pour 2028 et 2029: L’ACHAT ET LA VENTE D’ÉLECTRICITÉ POUR LES POINTS AMR
buyer: Université de LiègePetroleum products, fuel and electricityawarded 17-06-2026€4.0m4 tendersTED 464795-2026
FOURNITURE D'ÉNERGIE 2027-2028: Fourniture des pertes réseaux des trois Gestionnaires de Réseaux
buyer: AREWAL scrlElectrical machinery and apparatusawarded 16-06-2026€5.6m2 tendersTED 420499-2026
FOURNITURE D'ÉNERGIE 2027-2028: Fourniture Eclairage Public
buyer: AREWAL scrlElectrical machinery and apparatusawarded 16-06-2026€843,9042 tendersTED 420499-2026
FOURNITURE D'ÉNERGIE 2027-2028: Fourniture des Besoins Propres
buyer: AREWAL scrlElectrical machinery and apparatusawarded 16-06-2026€184,4313 tendersTED 420499-2026
Marché relatif à la fourniture de Gaz Naturel et d'Electricité 100% renouvelable aux entités associées: Lot 2 (fourniture du gaz naturel en haute pression et basse pression logements sociaux - fourniture d’électricité 100 % renouvelable haute et basse tension logements sociaux)
buyer: IDEFINPetroleum products, fuel and electricityawarded 15-06-2026€527,4521 tenderTED 431346-2026
fourniture de gaz naturel: MP CMEC 71 - 1
buyer: Centrale de marchés de l'enseignement CatholiquePetroleum products, fuel and electricityawarded 08-06-2026€7.9m3 tendersTED 402388-2026
Fourniture d'énergie(électricité-gaz) 2027-2028: Lot 2 Sites Haute Tension AMR SPGE
buyer: Société wallonne des eauxPetroleum products, fuel and electricityawarded 05-05-2026€45.5m2 tendersTED 613130-2026
Fourniture d'énergie(électricité-gaz) 2027-2028: Lot 4 Sites Haute Tension MMR SWDE-SPGE-CILE
buyer: Société wallonne des eauxPetroleum products, fuel and electricityawarded 05-05-2026€553,5644 tendersTED 613130-2026
Fourniture d'électricité et de gaz naturel pour la période 2027-2028-2029: 3P2526 - 1
buyer: EsneuxPetroleum products, fuel and electricityawarded 04-05-2026€159,4712 tendersTED 350677-2026
Fourniture d'électricité et de gaz naturel pour la période 2027-2028-2029: 3P2526 - 2
buyer: EsneuxPetroleum products, fuel and electricityawarded 04-05-2026€17,3212 tendersTED 350677-2026
Netverliezen elektriciteit 2027-2028: FLU24L027 - 1
buyer: Fluvius System Operator cv (Speciale Sectoren)Petroleum products, fuel and electricityawarded 16-04-2026€37.0m3 tendersTED 300448-2026
Netverliezen elektriciteit 2027-2028: FLU24L027 - 2
buyer: Fluvius System Operator cv (Speciale Sectoren)Petroleum products, fuel and electricityawarded 16-04-2026€1624 tendersTED 300448-2026
Energy Management Services Agreement (EMSA): 2024/BE-NUC/EMSA/RFP - 1
buyer: SPF Economie, PME, Classes moyennes et EnergieArchitectural, engineering and inspection servicesawarded 26-03-2026€15.1m1 tenderTED 222743-2026
Levering elektriciteit hoogspanningsstations en administratieve gebouwen 2026-2028: WS2707540447 - LOT 2 Levering Aardgas ELIA
buyer: Elia AssetPetroleum products, fuel and electricityawarded 25-12-2025€52,1423 tendersTED 67078-2026
Levering elektriciteit hoogspanningsstations en administratieve gebouwen 2026-2028: WS2707540447 - fourniture électricité Nemolink LOT 3
buyer: Elia AssetPetroleum products, fuel and electricityawarded 25-12-2025€28,3442 tendersTED 67078-2026
Supply of electricity to JRC-Geel
buyer: European Commission, DG JRC - Joint Research CentrePetroleum products, fuel and electricityawarded 22-12-2025€4.6m1 tenderTED 20905-2026
Levering van forward-energiebrokken voor de periode 2027 - 2030 (Tractie): 0000794785_VYH_Q - 1
buyer: Infrabel nvPetroleum products, fuel and electricityawarded 19-12-2025€504.9m4 tendersTED 857813-2025
Fourniture gaz et électricité des comptes propres RESA 2026-2027: Consommation propre de gaz du ‘Pouvoir Adjudicateur’ - 5.059 MWh.
buyer: RESA Innovation et Technologie SA en son nom et pour compte de RESA SA IntercommunalePetroleum products, fuel and electricityawarded 13-11-2025€195,0216 tendersTED 758371-2025
QMMO25-3463 - raamovereenkomst met meerdere opdrachtnemers voor de levering van elektrische energie en het ter beschikking stellen van het nodige vermogen sites KU Leuven - IMEC - UZ Leuven - Leveringsjaren 2028-2029-2030-2031: QMMO25-3463 - 1
buyer: Katholieke Universiteit te Leuven - IMEC - UZ LeuvenPetroleum products, fuel and electricityawarded 21-10-2025€180.0m4 tendersTED 706315-2025
Fourniture d'électricité et de gaz: Fourniture d'électricité
buyer: Technifutur ASBLPetroleum products, fuel and electricityawarded 30-09-2025€388,6701 tenderTED 645547-2025
Fourniture d'électricité et de gaz: Fourniture de Gaz
buyer: Technifutur ASBLPetroleum products, fuel and electricityawarded 30-09-2025€46,3941 tenderTED 645547-2025
Fourniture de gaz naturel de chauffage 2026-2029: 5397/LT/PdW - 1
buyer: Brussels Hoofdstedelijk GewestPetroleum products, fuel and electricityawarded 23-09-2025€8.0m3 tendersTED 712593-2025
Fourniture de gaz naturel et d'électricité pour les différents sites du CHBA durant 3 ans: VL02-25 - 1
buyer: Centre Hospitalier Bois de l'AbbayePetroleum products, fuel and electricityawarded 28-08-2025€4.0m3 tendersTED 590129-2025
Fourniture d'électricité et de gaz naturel: Fourniture d'électricité
buyer: ACCUEIL ET SOLIDARITE ASBLPetroleum products, fuel and electricityawarded 28-07-2025€548,3573 tendersTED 523035-2025
Fourniture d'électricité et de gaz naturel: Fourniture de gaz naturel
buyer: ACCUEIL ET SOLIDARITE ASBLPetroleum products, fuel and electricityawarded 28-07-2025€332,7812 tendersTED 523035-2025
Levering van elektriciteit en gas: Levering van elektriciteit
buyer: AZ OostendePetroleum products, fuel and electricityawarded 14-07-2025€1.4m3 tendersTED 463709-2025
Levering van elektriciteit en gas: Levering van gas
buyer: AZ OostendePetroleum products, fuel and electricityawarded 14-07-2025€139,2902 tendersTED 463709-2025
Fourniture de gaz et d'électricité pour RESA SA Intercommunale pour l'année 2027: Compensation des pertes sur le réseau du Pouvoir Adjudicateur en 2027 (152.125 MWh)
buyer: RESA Innovation et Technologie SA en son nom et pour compte de RESA SA IntercommunaleElectrical machinery and apparatusawarded 26-05-2025€14.8m3 tendersTED 413968-2025
Fourniture de gaz et d'électricité pour RESA SA Intercommunale pour l'année 2027: Fourniture d'électricité pour remplir les obligations de service public (OSP) du Pouvoir Adjudicateur et celle délivrée à certains URD dans le cadre exceptionnel et transitoire (fourniture X) - 52.426 MWh)
buyer: RESA Innovation et Technologie SA en son nom et pour compte de RESA SA IntercommunaleElectrical machinery and apparatusawarded 26-05-2025€5.6m3 tendersTED 413968-2025
Fourniture de gaz et d'électricité pour RESA SA Intercommunale pour l'année 2027: Fourniture de gaz pour remplir les obligations de service public (OSP) du Pouvoir Adjudicateur et celle délivrée à certains URD dans un cadre exceptionnel et transitoire (fourniture X) - 143.328 MWh)
buyer: RESA Innovation et Technologie SA en son nom et pour compte de RESA SA IntercommunaleElectrical machinery and apparatusawarded 26-05-2025€5.6m2 tendersTED 413968-2025
Gaz naturel et électricité pour 2027 et 2028: MH-MT-012025-ENERGIE-27-28 - 1
buyer: MercurHosp ASBLPetroleum products, fuel and electricityawarded 07-04-2025€11.5m2 tendersTED 289150-2025
FOURNITURE DE GAZ ET D’ÉLECTRICITÉ: PO25001 - 1
buyer: Multitel ASBLPetroleum products, fuel and electricityawarded 21-03-20251 tenderTED 267018-2025
Fourniture d’électricité 100% Renouvelable et de gaz naturel de 2026 à 2027: CT25-002 - 1
buyer: Institut National des radioélémentsPetroleum products, fuel and electricityawarded 04-03-2025€1.6m2 tendersTED 148857-2025
UCA 24/039 - Fourniture d'énergie électrique verte haute tension et basse tension pour les bâtiments des Institutions européennes et des entités participantes situées en Région de Bruxelles-Capitale et en Région flamande: UCA 24/039 - Lot 1 - Fourniture d'énergie électrique verte haute tension et basse tension, sans option de Clic
buyer: Secrétariat général du Conseil de l'Union européennePetroleum products, fuel and electricityawarded 10-12-20242 tendersTED 765879-2024
Marché de fournitures ayant pour objet la fourniture de gaz et d’électricité pour le complexe industriel du PAE de GOSSELIES 1 avenue des Etats-Unis 1, 6041 GOSSELIES: SORESIC 2025-001 - LOT 1
buyer: SORESICPetroleum products, fuel and electricityawarded 05-12-2024€1.3m1 tenderTED 18527-2025
Marché de fournitures ayant pour objet la fourniture de gaz et d’électricité pour le complexe industriel du PAE de GOSSELIES 1 avenue des Etats-Unis 1, 6041 GOSSELIES: SORESIC 2025-001 - LOT 2
buyer: SORESICPetroleum products, fuel and electricityawarded 05-12-2024€528,2721 tenderTED 18527-2025
La fourniture et le rachat d'électricité 100 % renouvelable
buyer: Université de MonsPetroleum products, fuel and electricityawarded 27-11-2024€2.1m1 tenderTED 730830-2024
Marché pluriannuel (2025 – 2028) pour la fourniture d‘électricité 100% verte (lot 1) et de gaz naturel (lot 2) aux différents quartiers et installations de la Défense (inclus de l’Institut Géographique National), du Belgian Pipeline Organisation (BPO), du War Heritage Institute (WHI) et de ‘(US) Defense’, situés en Flandre, Wallonie et la Région de Bruxelles-Capitale: 25IA800 - Lot 1 - Livraison d'électricité (1 januari 2025 - 31 december 2028)
buyer: Ministère de la DéfensePetroleum products, fuel and electricityawarded 25-11-2024€20.8m2 tendersTED 770121-2024
Marché pluriannuel (2025 – 2028) pour la fourniture d‘électricité 100% verte (lot 1) et de gaz naturel (lot 2) aux différents quartiers et installations de la Défense (inclus de l’Institut Géographique National), du Belgian Pipeline Organisation (BPO), du War Heritage Institute (WHI) et de ‘(US) Defense’, situés en Flandre, Wallonie et la Région de Bruxelles-Capitale: 25IA800 - Perceel 2 : levering van aardgas (1 januari 2025 - 31 december 2028)
buyer: Ministère de la DéfensePetroleum products, fuel and electricityawarded 25-11-2024€5.6m2 tendersTED 770121-2024
LA LIVRAISON D'ENERGIE ELECTRIQUE ET DE GAZ NATUREL POUR LES BATIMENTS DE BPOST ET LES BATIMENTS DES FILIALES DE BPOST DANS TOUTE LA BELGIQUE: La livraison d’électricité 100% verte
buyer: bpostPetroleum products, fuel and electricityawarded 21-11-2024€38.3m1 tenderTED 43949-2025

The 50 most recent of 99 awards.

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on ELECTRABEL

The operating result for 2025 is 28% lower than in 2024.

Debt's share of the balance-sheet total falls from 56.2% to 42.1%. Equity and debt are lower.

Large changes and their cause
  • 2025 Total assets -61% on 2024. Partial demerger to BE-NUC, Official Gazette 27-11-2025.
  • 2023 Net result -2,124% on 2022. Contribution of a branch of activity to euNetworks Belgium, effective 28-04-2023.

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