Ranking · Wallonia · NACE 35

Electricity, gas, steam and air conditioning supply: the largest employers in Wallonia

As of 14 Nov 2026, 55 companies in Electricity, gas, steam and air conditioning supply (NACE 35) in Wallonia report employees in recent accounts (financial years 2023 to 2026). The 10 largest employers account for 4,981.4 FTE, out of 5,317.2 for all of them; median headcount is 4.2 FTE. Operateur de Reseaux d'Energies leads with 3,000 FTE (financial year 2025).

Top 50 · Electricity, gas, steam and air conditioning supply · Wallonia

Ranked by average headcount (FTE) reported in the latest filed accounts (accounts less than 3 years old).

#Company Total assetsRevenue EquityFTEYear
1 Operateur de Reseaux d'Energies 6041 Charleroi €2.83bn €920.9m 461,806 € 3,000.0 2025
2 RESA 4000 Liège €2.25bn €386.4m €985.6m 930.6 2025
3 Clinique Psychiatrique des Frères Alexiens 4841 Welkenraedt €27.0m €37.0m €9.13m 400.0 2025
4 TotalEnergies Power & Gas Belgium 4000 Liège €448.7m €1.61bn €65.6m 181.4 2025
5 John Cockerill Hydrogen Belgium 4100 Seraing €161.9m €14.3m €22.0m 143.2 2025
6 Balteau I.E. 4420 Saint-Nicolas €18.3m €30.6m €7.51m 130.4 2025
7 Association Intercommunale d'Electricité du Sud du Hainaut 6470 Sivry-Rance €80.3m €21.3m €49.8m 52.7 2025
8 Arcade Energy 7090 Braine-le-Comte 500,713 € — −119,170 € 50.6 2025
9 Eneco Wind Belgium 1300 Wavre €510.6m €15.1m €351.9m 46.7 2025
10 Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz 5300 Andenne €74.1m €20.1m €49.6m 45.8 2025
11 TotalEnergies - Centrale Electrique Marchienne-au-Pont 6030 Charleroi €66.1m €134.9m €36.9m 39.0 2025
12 Reseau d'Energies de Wavre 1301 Wavre €84.5m €14.7m €62.0m 35.0 2025
13 John Cockerill Energy 4100 Seraing €5.14m €4.55m −847,805 € 28.2 2025
14 Infratech 4890 Thimister-Clermont €7.54m €11.9m €5.58m 21.1 2025
15 Power Online 4020 Liège €198.0m €574.7m €35.1m 21.1 2025
16 2Valorise Amel 4770 Amel €20.9m €3.21m 716,933 € 20.6 2025
17 Gebrüder Lenges 4780 Sankt Vith €15.2m — €12.3m 19.4 2025
18 Ingelec 7700 Mouscron €2.60m — €1.07m 16.9 2025
19 Val Notre-Dame Internat 4520 Wanze 606,224 € €1.00m 54,343 € 16.2 2025
20 Districoal 6060 Charleroi €4.44m — €2.44m 13.1 2025
21 Cinergie 6224 Fleurus €22.8m — €10.3m 12.1 2025
22 Comptoir Citoyen des Energies 7900 Leuze-en-Hainaut €8.00m €30.8m €3.07m 10.9 2025
23 D&B Green Solution 7120 Estinnes €4.11m — €2.38m 9.0 2025
24 Cooperative pour les Energies du Futur 7900 Leuze-en-Hainaut €10.1m 277,927 € €8.74m 6.8 2025
25 Mont Godinne Green Energy 1348 Ottignies-Louvain-la-Neuve €4.54m — −618,022 € 5.4 2023
26 Snow Events International 7780 Comines-Warneton €3.98m €1.41m −33,803 € 5.3 2025
27 Biogaz du Haut Geer 4250 Geer €16.0m — €6.35m 4.9 2025
28 Bayamo Wind 1300 Wavre €15.6m — €10.5m 4.2 2026
29 Courant d'Air 4750 Bütgenbach €13.5m — €9.97m 4.1 2025
30 Coolwave 1410 Waterloo 287,389 € — 41,742 € 4.0 2025
31 Electricite - Automatisme - Informatique 6001 Charleroi 278,693 € — 223,160 € 3.8 2025
32 CORETEC Services 4340 Awans €15.8m €4.16m €1.36m 3.7 2025
33 Energy Pool Belgium 1380 Lasne 587,003 € — −178,780 € 2.7 2025
34 Vents d'Houyet 5560 Houyet €12.0m €2.39m €2.92m 2.5 2025
35 MGElec 5555 Bièvre 911,593 € — 260,027 € 2.4 2025
36 Vents du Sud 6700 Arlon €1.62m — €1.54m 2.4 2025
37 Publilec 4100 Seraing €193.9m — €168.3m 2.3 2025
38 Ochain Energie 4560 Clavier €5.67m — €2.96m 2.3 2025
39 Codel 4020 Liège €10.6m €26.8m €2.27m 2.0 2025
40 Intelligent Technology Network 4280 Hannut 120,462 € 842,607 € 104,533 € 1.9 2025
41 Immo A 4910 Theux €1.40m — 131,800 € 1.8 2025
42 Coopérative d’ÉneRgie Liégeoise Citoyenne 4000 Liège 711,640 € — 648,903 € 1.4 2025
43 HesbEnergie 1350 Orp-Jauche €4.69m — €3.42m 1.1 2025
44 Brassart Eau Douce 1435 Mont-Saint-Guibert 94,659 € — 47,505 € 1.0 2025
45 Trans&Wall 5300 Andenne €11.8m — €9.79m 1.0 2025
46 Messancy BioMétha 6700 Arlon €5.51m — 305,534 € 1.0 2025
47 Enercity 4530 Villers-le-Bouillet €1.44m — €1.40m 1.0 2025
48 Reseau de Chaleur Pleiades 4020 Liège 616,683 € — −833,753 € 1.0 2025
49 Leclerc-Energie 4608 Dalhem 518,942 € — 161,614 € 1.0 2024
50 Emissions Zero 5000 Namur €8.79m — €7.91m 1.0 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. Headcount reported by the company for all its sites: the jobs may be located elsewhere.

“—”: 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 · Wallonia →

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Frequently asked questions

Which is the largest employer in Electricity, gas, steam and air conditioning supply in Wallonia?

Among companies, Operateur de Reseaux d'Energies, with 3,000 full-time equivalents reported (financial year 2025).

Are all the jobs located in the area?

Not necessarily: headcount is reported by the company for all its sites, and the company is ranked by the address of its registered office. 55 out of 278 companies in the sector report employees there.

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.