Ranking · Production of electricity from renewable sources

Production of electricity from renewable sources: highest published revenue

18 Belgian companies in the sector (NACE 3512) publish their revenue in recent accounts; here are the top 18. Norther leads with €170.8m (financial year 2025).

Top 18

Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).

#Company Total assetsRevenue EquityFTEYear
1 Norther 8400 Ostend €816.7m €170.8m €133.8m 16.6 2025
2 Northwind 8500 Kortrijk €392.5m €121.1m €67.8m — 2025
3 Ecopower 2600 Antwerp €94.8m €71.9m €66.1m 48.2 2025
4 Eol'Wapi 7500 Tournai €121.9m €17.4m €81.8m — 2025
5 Bertemes 6690 Vielsalm €53.5m €16.3m €3.65m — 2025
6 Renewable Power Company 6680 Sainte-Ode €55.5m €10.1m €51.9m — 2025
7 ActiVent Wallonie 6000 Charleroi €102.1m €5.22m €18.6m — 2025
8 Power 2 Green 1210 Saint-Josse-ten-Noode €21.3m €4.76m €6.24m — 2025
9 Demainvest 4030 Liège €81.4m €3.32m €6.71m — 2025
10 Zo-Fier 1210 Saint-Josse-ten-Noode €31.0m €2.48m €8.47m — 2025
11 Luminus Wind Together 1210 Saint-Josse-ten-Noode €11.0m €1.77m €10.5m — 2025
12 Lumiwind 1210 Saint-Josse-ten-Noode €13.2m €1.77m €12.7m — 2025
13 Wind2Trucks 7500 Tournai €3.67m €1.03m €3.25m — 2025
14 LumIKA 1210 Saint-Josse-ten-Noode €15.9m €1.01m €4.14m — 2025
15 Floating PV 3500 Hasselt €6.61m 687,849 € €4.10m — 2025
16 LCL Energy 1831 Machelen (Brab.) €13.7m 676,581 € 148,160 € — 2025
17 LCL Solar Energy 1831 Machelen (Brab.) €3.66m 292,578 € 44,946 € — 2025
18 innogy Energy Belgium 1210 Saint-Josse-ten-Noode 309,152 € 92,938 € 298,250 € — 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 renewable sources has the highest revenue?

Norther, with €170.8m in revenue (financial year 2025).

How many Production of electricity from renewable sources companies publish their revenue?

18 out of 50, in accounts less than 3 years old. Small companies (micro and abridged accounts) are not required to publish it.

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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 13 Nov 2026.