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Electricity, gas, steam and air conditioning supply

Current registrations 545division 35: 1,771
Starters, 12 months 173.1 per 100 · Belgium 8.9
Bankruptcies, 12 months 47.3 per 1,000 registrations · Belgium 6.2
Employment (FTE) 1,90042 employers · latest accounts
Median age 5.6 yearsBelgium 8.1 years
E-invoicing via Peppol 73.8%402 of 545 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 35150 · financial year 2025 · 237 filed annual accounts
Median solvency
24.6%
division 32.6% · Belgium 46.1%
Median net result
€14,222
division €22,615 · Belgium €16,520
Median equity
€206,617
division €448,873 · Belgium €98,421
Loss-making
39.0%
division 36.4% · Belgium 26.7%
Negative equity
19.0%
division 13.8% · Belgium 12.4%
Median return on equity
10.5%
division 7.1% · Belgium 15.9%
Median liquidity
1.24
division 1.36 · Belgium 1.66
Filed late
32.3%
financial year 2024, 235 filings · division 27.0% · Belgium 38.4%
Missing or 90 days late
4.7%
of 256 companies with annual accounts · division 3.4% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 32.3%24.1%24.4%26.5%28.0%24.6%
Median net result €18,086€20,692€27,999€34,261€15,758€14,222

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies

Bankruptcies, 5 years, still registered
9
1.65% of the registrations · Belgium 1.68%
Running bankruptcies
9
16.5 per 1,000 registrations

Recent bankruptcies

Date Company
17-08-2026 KilianNRGS
BE 0736.568.015
08-06-2026 EGS Industry
BE 0731.599.932
24-11-2025 INFINITY SYSTEM
BE 0685.584.716
13-11-2025 UZE
BE 0771.565.912
30-01-2025 Buscom
BE 0786.857.862
27-05-2024 MOLL DRIVING
BE 0777.428.571
12-04-2024 Van Der Jeught, Marijke
BE 0720.591.521 · sole trader · Berlare
09-06-2023 SOLERGIE
BE 0536.631.318

Every bankruptcy in division 35, last 90 days

Spread across the country

by region and province · 386 of 545 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 214 · 55.4%
  • Brussels 78 · 20.2%
  • Wallonia 72 · 18.7%
  • Abroad 22 · 5.7%
fewer moremax 78

Largest employers

NACE 35150 as first main activity · staff from the latest accounts
  1. 1 BRUSSELS NETWORK OPERATIONSBrussels 1,202 FTEfinancial year 2025
  2. 2 TotalEnergies Power & Gas BelgiumLiège 181 FTEfinancial year 2025
  3. 3 ENERGIES RENOUVELABLES DES ARDENNESBertrix 58.6 FTEfinancial year 2025
  4. 4 Bolt EnergieSaint-Josse-ten-Noode 51.7 FTEfinancial year 2025
  5. 5 Otary RSOstend 42.2 FTEfinancial year 2024

Joint committees

from the latest accounts of 57 companies
  • 200 Auxiliary committee for white-collar workers 29
  • 326 Gas and electricity 18
  • 201 Independent retail 3
  • 124 Construction 2
  • 149.01 Electricians: installation and distribution 2
  • 209 White-collar workers in metal manufacturing 2
  • 119 Food trade 1
  • 149 Sectors related to metal, mechanical and electrical engineering 1
Show the 2 others
  • 302 Hotels and catering 1
  • 331 Flemish welfare and health sector 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Division 35: Electricity, gas and steam

Related activities

5 other activities

Bankruptcies per year in division 35

Per year201520162017201820192020202120222023202420252026
Bankruptcies6978944613692
Jobs lost612112121456201915132

2026 through August. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Staff cost per FTE in NACE division 35

130 employers
Median
€90,300
Belgium €61,400
Middle half
€62,400 to €118,600
half of the employers lie between
Place among sectors
5 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €80,900 €50,800 to €103,100 61
10 to 49 FTE €94,700 €63,500 to €110,200 47

Foreign control in NACE division 35

1,325 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €1.32bn awarded 141 recipients · 2022 to 2025 · largest: Netbeheerdervergoedingen opkoop certificaten
  • Federal transfers 325.8m amount as published 9 recipients · 2023 to 2025 · largest: Subsidie aan NV ELECTRABEL in het kader van de verlenging van de de kerncentrales Doel 4 en Tihange 3
  • Wallonia-Brussels Federation €627,278 paid 1 recipient · 2022 to 2025 · largest: Subventions de fonctionnement aux internats
  • EU budget €186.4m attributed share 18 recipients · 2021 to 2025 · largest: Innovation Fund
  • EU research €14.9m EU contribution 25 recipients · 2008 to 2026 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Electricity, gas, steam and air conditioning supply

Balance sheet and result. 19.0% of the annual accounts show negative equity, against 12.4% in Belgium. Solvency of 24.6% is below Belgium's 46.1%. 39.0% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.

Inflow and structure. Brussels holds 21.4% of the seats, against 12.5% in Belgium. In 12 months, 3.1 of 100 companies started, against 8.9 in Belgium. That is fewer than in 84% of the 87 NACE divisions. Half of the companies are younger than 5.6 years, against 8.1 years in Belgium.

Staff and filing. 32.3% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 1,536 of the 1,900 FTE: 80.8%.

Direction. Median solvency fell from 32.3% in financial year 2020 to 24.6% in financial year 2025. The median net result fell from €18,086 in financial year 2020 to €14,222 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 35150 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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. The direction per financial year follows the companies still registered today. 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.