Production of electricity from non-renewable sources
602 Belgian companies whose main activity falls under NACE code 3511 have filed annual accounts. Their median solvency is 35.5% for financial year 2024.
Sector medians
Computed by IdonisDistribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.
| Indicator | 1st quartile | Median | 3rd quartile | Companies |
|---|---|---|---|---|
| Solvency | 12.5% | 35.5% | 68.1% | 564 |
| Current ratio | 0.62 | 1.25 | 2.37 | 542 |
| ROE | -2.9% | 4.9% | 22.2% | 498 |
| Equity | 67,275 € | 535,364 € | €2.55m | 571 |
| Total assets | 402,948 € | €2.21m | €8.54m | 571 |
| Net result | −15,798 € | 14,053 € | 199,201 € | 571 |
| Headcount (avg FTE) | 0.0 | 1.1 | 6.7 | 137 |
Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method
Largest companies: Production of electricity from non-renewable sources
Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Electrabel 1000 Brussels | €20.5bn | €13.1bn | €10.2bn | 4,261.0 | 2025 |
| 2 | Fluvius System Operator 9090 Merelbeke-Melle | €10.2bn | €2.90bn | €993.8m | 5,326.3 | 2025 |
| 3 | Fluvius Zenne-Dijle 3210 Lubbeek | €2.52bn | €354.2m | €554.6m | — | 2025 |
| 4 | FLUVIUS Antwerpen 2100 Antwerp | €2.46bn | €430.9m | €755.4m | — | 2025 |
| 5 | Luminus 1210 Saint-Josse-ten-Noode | €2.37bn | €3.12bn | €772.5m | 1,181.2 | 2025 |
| 6 | RESA 4000 Liège | €2.25bn | €386.4m | €985.6m | 930.6 | 2025 |
| 7 | EDF Belgium 1210 Saint-Josse-ten-Noode | €1.96bn | €182.5m | €1.47bn | — | 2025 |
| 8 | Sibelga 1000 Brussels | €1.52bn | €396.7m | €861.4m | — | 2025 |
| 9 | BE-NUC 1000 Brussels | €976.9m | €401.6m | €148.2m | 1.9 | 2025 |
| 10 | Luminus Seraing 2.0 1210 Saint-Josse-ten-Noode | €587.4m | — | €42.0m | — | 2024 |
| 11 | C - Power 8400 Ostend | €536.4m | €130.5m | €289.0m | 20.9 | 2025 |
| 12 | Parkwind 3000 Leuven | €512.6m | €47.4m | €484.8m | 189.8 | 2025 |
| 13 | Eneco Wind Belgium 1300 Wavre | €510.6m | €15.1m | €351.9m | 46.7 | 2025 |
| 14 | Northwester 2 3000 Leuven | €470.1m | €75.6m | €41.5m | — | 2025 |
| 15 | Nobelwind 3000 Leuven | €378.9m | €98.2m | €14.3m | — | 2025 |
| 16 | Eneco Belgium 2800 Mechelen | €361.8m | €1.21bn | €128.4m | 244.0 | 2026 |
| 17 | Aspiravi 8500 Kortrijk | €333.0m | €79.5m | €108.5m | 48.7 | 2025 |
| 18 | Elicio 8400 Ostend | €299.9m | €5.44m | €271.1m | 50.0 | 2025 |
| 19 | Belwind 3000 Leuven | €194.8m | €79.7m | €22.3m | — | 2025 |
| 20 | John Cockerill Hydrogen Belgium 4100 Seraing | €161.9m | €14.3m | €22.0m | 143.2 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
See all 602 companies, full list →
Where are they based?
Municipalities with the most
- 3550 Heusden-Zolder (Heusden, Zolder)27
- 1000 Brussels23
- 8400 Ostend (Stene, Zandvoorde)18
- 9051 Ghent (Afsnee, Sint-Denijs-Westrem)17
- 3500 Hasselt (Sint-Lambrechts-Herk)15
- 2800 Mechelen (Walem)14
- 6220 Fleurus (Heppignies, Lambusart, Wangenies)14
- 2300 Turnhout13
- 1050 Ixelles10
- 1300 Wavre (Limal)10
- 8500 Kortrijk10
- 4000 Liège (Glain, Rocourt)9
Related sectors
← The whole Electricity, gas, steam and air conditioning supply sector (NACE 35)
Frequently asked questions
How many Production of electricity from non-renewable sources companies are there in Belgium?
602 Belgian companies whose main activity falls under NACE code 3511 (Production of electricity from non-renewable sources) have filed annual accounts with the National Bank.
What is the median solvency in Production of electricity from non-renewable sources?
For financial year 2024, median solvency (equity over total assets) is 35.5%. The middle half of companies lies between 12.5% and 68.1% (564 companies).
What is the largest company in Production of electricity from non-renewable sources?
By total assets, it is Electrabel (€20.5bn, financial year 2025).
Where are Production of electricity from non-renewable sources companies based?
The municipalities with the most: Heusden-Zolder (27), Brussels (23), Ostend (18).
Analyse companies in Production of electricity from non-renewable sources
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Open the full file →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 13 Nov 2026.