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Electricity, gas, steam and air conditioning supply

Current registrations 26division 35: 1,771
Starters, 12 months 13.8 per 100 · Belgium 8.8
Employment (FTE) 496 employers · latest accounts

No bankruptcy in the past twelve months.

Bankruptcies

Bankruptcies, 5 years, still registered
1
3.85% of the registrations · Belgium 1.68%
Running bankruptcies
2
76.9 per 1,000 registrations

Recent bankruptcies

Date Company
03-10-2025 Mont Godinne Green Energy
BE 0838.192.638

Every bankruptcy in division 35, last 90 days

Spread across the country

by region and province · 26 of 26 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 14 · 53.8%
  • Wallonia 11 · 42.3%
  • Brussels 1 · 3.8%
fewer moremax 5

Largest employers

NACE 35210 as first main activity · staff from the latest accounts
  1. 1 RECUFOODLummen 13.2 FTEfinancial year 2025
  2. 2 DISTRICOALCharleroi 13.1 FTEfinancial year 2025
  3. 3 CINERGIEFleurus 12.1 FTEfinancial year 2025
  4. 4 Mont Godinne Green EnergyOttignies-Louvain-la-Neuve 5.4 FTEfinancial year 2023
  5. 5 MHI Power Aero EuropeAuderghem 3.0 FTEfinancial year 2026

Companies

26 with this main activity

Joint committees

from the latest accounts of 8 companies
  • 200 Auxiliary committee for white-collar workers 4
  • 326 Gas and electricity 2
  • 100 Auxiliary committee for blue-collar workers 1
  • 119 Food trade 1
  • 127 Fuel trade 1
  • 142.04 Recovery of raw materials 1
  • 145 Horticulture 1
  • 209 White-collar workers in metal manufacturing 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

2 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Electricity, gas, steam and air conditioning supply35230 35 1 1 1
Electricity, gas, steam and air conditioning supply35220 21 0 0 169

Filed accounts of the division

NACE division 35 · financial year 2025 · 965 filed annual accounts
Median solvency
32.6%
Belgium 46.1%
Median net result
€22,526
Belgium €16,539
Median equity
€450,851
Belgium €98,485
Loss-making
36.4%
Belgium 26.7%
Negative equity
13.8%
Belgium 12.4%
Median return on equity
7.1%
Belgium 15.9%
Median liquidity
1.36
Belgium 1.66
Filed late
27.0%
financial year 2024, 915 filings · Belgium 38.4%
Per financial year20182019202020212022202320242025
Median solvency --34.0%31.6%32.1%32.9%33.9%32.7%
Median net result --€44,124€39,400€54,273€57,743€15,613€22,248
Filed late 27.8%34.3%31.5%32.6%27.4%24.0%27.0%-

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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

131 employers
Median
€90,300
Belgium €61,400
Middle half
€62,500 to €118,400
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 €51,400 to €105,600 62
10 to 49 FTE €94,700 €63,500 to €110,200 47

Foreign control in NACE division 35

1,332 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

Inflow and structure. This activity holds 1.5% of the registrations of Electricity, gas and steam.

Staff and filing. The 5 largest employers hold 47 of the 49 FTE: 95.9%.

The comparison with Belgium as a whole and with the other divisions is as of 05-11-2026 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 35210 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 1,275,887 companies with a main activity, because only those belong to a division. The other 699,448 registrations publish no activity.

For NACE 35210, 18 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.