Ranking · Liège province · NACE 35

Electricity, gas, steam and air conditioning supply: the largest companies in Liège province

As of 14 Nov 2026, 93 companies in Electricity, gas, steam and air conditioning supply (NACE 35) in Liège province publish total assets in recent accounts (financial years 2024 to 2026). The top 10 account for €3.55bn, out of €3.88bn for all of them; median total assets are €1.41m. RESA leads with €2.25bn (financial year 2025).

Top 50 · Electricity, gas, steam and air conditioning supply · Liège province

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 RESA 4000 Liège €2.25bn €386.4m €985.6m 930.6 2025
2 TotalEnergies Power & Gas Belgium 4000 Liège €448.7m €1.61bn €65.6m 181.4 2025
3 Power Online 4020 Liège €198.0m €574.7m €35.1m 21.1 2025
4 Publilec 4100 Seraing €193.9m — €168.3m 2.3 2025
5 John Cockerill Hydrogen Belgium 4100 Seraing €161.9m €14.3m €22.0m 143.2 2025
6 Demainvest 4030 Liège €81.4m €3.32m €6.71m — 2025
7 Green4Power 4000 Liège €80.1m €13.0m €9.37m — 2025
8 TotalEnergies Integrated Power ESS Belgium 4000 Liège €59.6m €4.60m 401,065 € — 2025
9 TotalEnergies Gas & Power Western Europe 4000 Liège €48.3m €324.2m 153,118 € — 2025
10 Green for Power - Hélios 4000 Liège €34.5m — −€1.21m — 2025
11 Clinique Psychiatrique des Frères Alexiens 4841 Welkenraedt €27.0m €37.0m €9.13m 400.0 2025
12 Condreole 4122 Neupré €23.0m — €4.25m — 2025
13 Energie-Fleuves 4040 Herstal €21.2m — €16.3m — 2025
14 2Valorise Amel 4770 Amel €20.9m €3.21m 716,933 € 20.6 2025
15 Balteau I.E. 4420 Saint-Nicolas €18.3m €30.6m €7.51m 130.4 2025
16 Biogaz du Haut Geer 4250 Geer €16.0m — €6.35m 4.9 2025
17 CORETEC Services 4340 Awans €15.8m €4.16m €1.36m 3.7 2025
18 Gebrüder Lenges 4780 Sankt Vith €15.2m — €12.3m 19.4 2025
19 Courant d'Air 4750 Bütgenbach €13.5m — €9.97m 4.1 2025
20 EolSPI 4000 Liège €13.2m — €1.11m — 2025
21 Energie 2030 4730 Raeren €11.8m — €10.6m — 2025
22 Tailferhydro 4040 Herstal €10.8m — €7.28m — 2025
23 Codel 4020 Liège €10.6m €26.8m €2.27m 2.0 2025
24 Green for Power - Beta 4000 Liège €9.55m — €3.52m — 2025
25 Infratech 4890 Thimister-Clermont €7.54m €11.9m €5.58m 21.1 2025
26 Windfarm Sankt-Vith 4700 Eupen €5.84m — €4.23m — 2025
27 En Plein Vent 4750 Bütgenbach €5.80m — −414,332 € — 2025
28 Ochain Energie 4560 Clavier €5.67m — €2.96m 2.3 2025
29 Rivierehydro 4040 Herstal €5.40m — €3.39m — 2025
30 John Cockerill Energy 4100 Seraing €5.14m €4.55m −847,805 € 28.2 2025
31 Houxhydro 4040 Herstal €4.98m — €3.45m — 2025
32 WAL'EOL 4030 Liège €4.85m — €1.48m — 2025
33 WAL-Vent 4030 Liège €4.75m — €1.91m — 2025
34 Aux Vents de Liège 4432 Ans €4.32m — €1.45m — 2025
35 Ecolma 4400 Flémalle €4.22m 822,693 € €4.20m — 2025
36 Dries Energy 4770 Amel €3.16m €1.02m 755,836 € — 2025
37 Eole Modave 4577 Modave €3.07m — €1.11m — 2025
38 Zellik 2 4700 Eupen €2.52m — −€1.70m — 2025
39 Elicio Vents d'Ardenne 4000 Liège €2.24m — 2,233 € — 2025
40 Ukko Energy 4000 Liège €2.22m — €1.94m 0.1 2025
41 Monceau Hydro 4570 Marchin €1.95m — 337,735 € — 2025
42 Mycool 4530 Villers-le-Bouillet €1.93m — 256,204 € — 2026
43 Merytherm 4130 Esneux €1.79m — 963,513 € — 2025
44 K.W.P. Invest 4731 Raeren €1.74m — 409,330 € — 2024
45 Eolienne de Hamois 4750 Bütgenbach €1.63m — 105,481 € — 2025
46 Enercity 4530 Villers-le-Bouillet €1.44m — €1.40m 1.0 2025
47 Hydro JM 4960 Malmedy €1.41m — 85,731 € — 2025
48 Immo A 4910 Theux €1.40m — 131,800 € 1.8 2025
49 Lern Apprend 4750 Bütgenbach €1.35m — €1.15m — 2025
50 Eoliennes de Bastogne 4750 Bütgenbach €1.27m — 392,884 € — 2025

Ranking based on each company's own annual accounts (statutory, not consolidated): a subsidiary and its parent appear separately, and the ranking differs from lists based on consolidated group accounts.

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

Electricity, gas, steam and air conditioning supply across Belgium → All sectors · Liège province →

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Municipalities with the most companies in the sector · Liège province

Frequently asked questions

Which is the largest company in Electricity, gas, steam and air conditioning supply in Liège province?

By total assets, it is RESA (€2.25bn, financial year 2025).

How many companies in Electricity, gas, steam and air conditioning supply in Liège province are ranked?

93 out of 95 active companies in the sector with their registered office in the area: those whose latest accounts are less than 3 years old.

Why does this ranking differ from other lists?

It uses each company's annual accounts as filed with the National Bank, not consolidated group accounts. A holding, a subsidiary or a purchasing entity can therefore appear separately. Only companies whose latest accounts are less than 3 years old are ranked.

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 14 Nov 2026.