Electricity, gas, steam and air conditioning supply
9 companies file their annual accounts outside the standard format, for example in a sector format. Their figures and staff are missing from the employment, the medians and the largest employers.
Activities
NACE division 35 · 11 activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Production of electricity from non-renewable sources35110 | 708 | 4 | 0 | 13,337 |
| Electricity, gas, steam and air conditioning supply35150 | 544 | 17 | 4 | 1,900 |
| Electricity, gas, steam and air conditioning supply35400 | 157 | 111 | 0 | 2 |
| Electricity, gas, steam and air conditioning supply35140 | 107 | 8 | 1 | 3,835 |
| Electricity, gas, steam and air conditioning supply35120 | 105 | 16 | 0 | 104 |
| Electricity, gas, steam and air conditioning supply35300 | 44 | 4 | 0 | 58 |
| Electricity, gas, steam and air conditioning supply35230 | 35 | 1 | 1 | 1 |
| Electricity, gas, steam and air conditioning supply35130 | 30 | 0 | 0 | 1,849 |
| Electricity, gas, steam and air conditioning supply35210 | 26 | 1 | 0 | 49 |
| Electricity, gas, steam and air conditioning supply35220 | 21 | 0 | 0 | 169 |
| Electricity, gas, steam and air conditioning supply35160 | 17 | 8 | 0 | - |
Filed accounts
NACE division 35 · financial year 2025 · 965 filed annual accounts| Per financial year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Median solvency | - | - | 33.8% | 31.6% | 32.1% | 32.7% | 33.5% | 32.5% |
| Median net result | - | - | €43,779 | €38,492 | €54,180 | €57,606 | €15,613 | €22,099 |
| Filed late | 27.6% | 34.1% | 31.6% | 32.8% | 27.5% | 24.4% | 26.9% | - |
Hold your customer's or competitor's figures against them in the Sector benchmark
Staff cost per FTE in NACE division 35
130 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €80,900 | €50,800 to €103,100 | 61 |
| 10 to 49 FTE | €94,700 | €63,500 to €110,200 | 47 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Bankruptcies
Bankruptcies per year in division 35
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 6 | 9 | 7 | 8 | 9 | 4 | 4 | 6 | 13 | 6 | 9 | 2 |
| Jobs lost | 6 | 12 | 112 | 12 | 14 | 5 | 6 | 20 | 19 | 15 | 13 | 2 |
2026 through August. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.
Recent bankruptcies
| Date | Company |
|---|---|
| 09-11-2026 | Xant Renewables
BE 0746.854.765 |
| 17-08-2026 | KilianNRGS
BE 0736.568.015 |
| 02-07-2026 | Verpoot, Steven
BE 0560.762.047 · sole trader · Ypres |
| 08-06-2026 | EGS Industry
BE 0731.599.932 |
| 25-11-2025 | Bongo, Kasiala
BE 0742.720.783 · sole trader · Haaltert |
| 24-11-2025 | INFINITY SYSTEM
BE 0685.584.716 |
| 13-11-2025 | UZE
BE 0771.565.912 |
| 03-10-2025 | Mont Godinne Green Energy
BE 0838.192.638 |
Spread across the country
by region and province · 1,372 of 1,767 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
This sector's balance sheets on the map, by municipality and down to the address
Largest employers
NACE division 35 · staff from the latest accounts- 1 Fluvius System OperatorMerelbeke-Melle 5,326 FTEfinancial year 2025
- 2 ELECTRABELBrussels 4,261 FTEfinancial year 2025
- 3 OPERATEUR DE RESEAUX D'ENERGIESCharleroi 3,000 FTEfinancial year 2025
- 4 BRUSSELS NETWORK OPERATIONSBrussels 1,202 FTEfinancial year 2025
- 5 LuminusSaint-Josse-ten-Noode 1,181 FTEfinancial year 2025
Joint committees
from the latest accounts of 169 companies- 200 Auxiliary committee for white-collar workers 79
- 326 Gas and electricity 52
- 100 Auxiliary committee for blue-collar workers 10
- 209 White-collar workers in metal manufacturing 8
- 149.01 Electricians: installation and distribution 7
- 145 Horticulture 5
- 207 White-collar workers in the chemical industry 5
- 124 Construction 4
Show the 12 others
- 142.04 Recovery of raw materials 4
- 220 White-collar workers in the food industry 4
- 116 Chemical industry 3
- 201 Independent retail 3
- 118 Food industry 2
- 119 Food trade 2
- 149 Sectors related to metal, mechanical and electrical engineering 2
- 323 Building management, estate agents and domestic staff 2
- 111 Metal, mechanical and electrical engineering 1
- 127 Fuel trade 1
- 140.03 Road transport and logistics for third parties 1
- 144 Agriculture 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Foreign control in NACE division 35
1,321 registered companiesMain parent countries: France (13), Netherlands (11) and Japan (5).Show on the map by municipality
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €1.32bn awarded
- Wallonia-Brussels Federation €627,278 paid
- Federal transfers 325.8m amount as published
- EU budget €186.4m attributed share
- EU research €14.9m EU contribution
Insights on Electricity, gas and steam
Balance sheet and result. Return on equity of 7.1% is below Belgium's 15.9%. 36.6% of the annual accounts close with a loss, against 26.7% in Belgium. The median net result of €22,502 is above Belgium's €16,475.
Bankruptcies. In 12 months, 3.4 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 59% of the 87 other NACE divisions. The median bankruptcy probability of 0.2% is above Belgium's 0.2%. By size, the median bankruptcy probability is 0.3% at under 10 FTE, 0.1% at 10 to 49 FTE, 0.2% at 50 to 249 FTE and 0.1% at 250 FTE or more.
Inflow and structure. 22.4% of the companies are sole traders, against 41.6% in Belgium. Brussels holds 17.6% of the seats, against 12.5% in Belgium.
Staff and filing. The median staff cost per FTE of €90,250 is above Belgium's €61,428. 26.9% of the financial year 2024 accounts were filed late, against 38.5% in Belgium. The 5 largest employers hold 14,970 of the 21,304 FTE: 70.3%.
Direction. Median solvency fell from 33.8% in financial year 2020 to 32.5% in financial year 2025. The median net result fell from €43,779 in financial year 2020 to €22,099 in financial year 2025. In 2025, Statbel counted 9 bankruptcies and 13 jobs lost, against 4 bankruptcies in 2020.
The comparison with Belgium as a whole and with the other divisions is as of 13-11-2026 05:30.
Method and sources
Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 35 exists.
The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.
The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,396 companies with a main activity, because only those belong to a division. The other 700,156 registrations publish no activity.
Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.