Production of electricity from non-renewable sources: highest published revenue
149 Belgian companies in the sector (NACE 3511) publish their revenue in recent accounts; here are the top 20. Electrabel leads with €13.1bn (financial year 2025).
Top 20
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Electrabel 1000 Brussels | €20.5bn | €13.1bn | €10.2bn | 4,261.0 | 2025 |
| 2 | Luminus 1210 Saint-Josse-ten-Noode | €2.37bn | €3.12bn | €772.5m | 1,181.2 | 2025 |
| 3 | Fluvius System Operator 9090 Merelbeke-Melle | €10.2bn | €2.90bn | €993.8m | 5,326.3 | 2025 |
| 4 | Eneco Belgium 2800 Mechelen | €361.8m | €1.21bn | €128.4m | 244.0 | 2026 |
| 5 | FLUVIUS Antwerpen 2100 Antwerp | €2.46bn | €430.9m | €755.4m | — | 2025 |
| 6 | BE-NUC 1000 Brussels | €976.9m | €401.6m | €148.2m | 1.9 | 2025 |
| 7 | Sibelga 1000 Brussels | €1.52bn | €396.7m | €861.4m | — | 2025 |
| 8 | RESA 4000 Liège | €2.25bn | €386.4m | €985.6m | 930.6 | 2025 |
| 9 | Fluvius Zenne-Dijle 3210 Lubbeek | €2.52bn | €354.2m | €554.6m | — | 2025 |
| 10 | EDF Belgium 1210 Saint-Josse-ten-Noode | €1.96bn | €182.5m | €1.47bn | — | 2025 |
| 11 | Warmtekracht Ondersteunings Maatschappij 2550 Kontich | €51.9m | €167.1m | €1.58m | 2.0 | 2026 |
| 12 | TotalEnergies - Centrale Electrique Marchienne-au-Pont 6030 Charleroi | €66.1m | €134.9m | €36.9m | 39.0 | 2025 |
| 13 | C - Power 8400 Ostend | €536.4m | €130.5m | €289.0m | 20.9 | 2025 |
| 14 | Energie.BE 1210 Saint-Josse-ten-Noode | €98.1m | €123.7m | €50.5m | 24.6 | 2025 |
| 15 | Nobelwind 3000 Leuven | €378.9m | €98.2m | €14.3m | — | 2025 |
| 16 | Belwind 3000 Leuven | €194.8m | €79.7m | €22.3m | — | 2025 |
| 17 | Aspiravi 8500 Kortrijk | €333.0m | €79.5m | €108.5m | 48.7 | 2025 |
| 18 | T-Power 1050 Ixelles | €123.5m | €77.9m | €74.4m | 1.0 | 2025 |
| 19 | Northwester 2 3000 Leuven | €470.1m | €75.6m | €41.5m | — | 2025 |
| 20 | Zandvliet Power 2040 Antwerp | €97.6m | €49.9m | €28.8m | — | 2025 |
These are the revenue figures published in the annual accounts. Small companies (micro and abridged accounts) do not have to publish theirs: they do not appear in this ranking.
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Frequently asked questions
Which company in Production of electricity from non-renewable sources has the highest revenue?
Electrabel, with €13.1bn in revenue (financial year 2025).
How many Production of electricity from non-renewable sources companies publish their revenue?
149 out of 602, in accounts less than 3 years old. Small companies (micro and abridged accounts) are not required to publish it.
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 14 Nov 2026.