Sector · NACE 3515

Trade of electricity

246 Belgian companies whose main activity falls under NACE code 3515 have filed annual accounts. Their median solvency is 29.3% for financial year 2024.

Companies246

Median solvency29.3%

Median equity154,375 €

Median headcount (FTE)2.3

Founded in the last 3 years39

Sector medians

Computed by Idonis

Distribution 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	5.2%	29.3%	64.3%	223
Current ratio	0.60	1.23	2.49	213
ROE	-3.8%	9.4%	39.2%	184
Equity	12,509 €	154,375 €	941,411 €	224
Total assets	177,611 €	745,244 €	€4.15m	223
Net result	−14,835 €	14,676 €	92,953 €	223
Headcount (avg FTE)	0.6	2.3	10.3	67

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: Trade of electricity

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	SeaMade 8400 Ostend	€995.6m	€171.5m	€118.5m	—	2025
2	Rentel 8400 Ostend	€690.1m	€134.1m	€140.3m	—	2025
3	TotalEnergies Power & Gas Belgium 4000 Liège	€448.7m	€1.61bn	€65.6m	181.4	2025
4	Power Online 4020 Liège	€198.0m	€574.7m	€35.1m	21.1	2025
5	Publilec 4100 Seraing	€193.9m	—	€168.3m	2.3	2025
6	VGP Renewable Energy 2018 Antwerp	€147.2m	—	€9.93m	—	2025
7	Scholt Energy 8790 Waregem	€104.7m	€329.9m	€9.20m	33.2	2025
8	Next Kraftwerke Belgium 1190 Forest	€96.7m	€131.5m	471,991 €	8.8	2024
9	Otary RS 8400 Ostend	€95.6m	€12.4m	€81.5m	42.7	2025
10	Elindus 8790 Waregem	€86.7m	€382.6m	€19.3m	54.1	2025
11	Octa+ Energie 1150 Woluwe-Saint-Pierre	€71.2m	€232.2m	€42.1m	11.5	2025
12	Conquest4Wind P5 1000 Brussels	€64.9m	€8.13m	€13.1m	—	2025
13	Elegant 2800 Mechelen	€64.5m	€178.0m	€5.64m	28.9	2025
14	Les Vents de Damre 7500 Tournai	€33.5m	—	215,530 €	—	2025
15	Greensky 1000 Brussels	€31.3m	€9.87m	€15.1m	—	2025
16	Gouynrg 7500 Tournai	€30.8m	—	−€1.29m	—	2025
17	Enwyse Belgium 2200 Herentals	€30.1m	€74.4m	€2.04m	18.1	2025
18	Aspiravi Energy 8500 Kortrijk	€29.6m	€84.1m	€5.86m	—	2025
19	Elicio Plateau de Bassenge 8400 Ostend	€28.8m	—	€6.16m	—	2025
20	Bolt Energie 1210 Saint-Josse-ten-Noode	€28.2m	€84.8m	−€2.73m	51.7	2025

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

See all 246 companies, full list →

Where are they based?

West Flanders51
Antwerp36
East Flanders35
Brussels-Capital32
Hainaut19
Flemish Brabant19
Limburg18
Liège18
Namur8
Luxembourg5
Walloon Brabant5

Municipalities with the most

Frequently asked questions

How many Trade of electricity companies are there in Belgium?

246 Belgian companies whose main activity falls under NACE code 3515 (Trade of electricity) have filed annual accounts with the National Bank.

What is the median solvency in Trade of electricity?

For financial year 2024, median solvency (equity over total assets) is 29.3%. The middle half of companies lies between 5.2% and 64.3% (223 companies).

What is the largest company in Trade of electricity?

By total assets, it is SeaMade (€995.6m, financial year 2025).

Where are Trade of electricity companies based?

The municipalities with the most: Brussels (9), Kortrijk (9), Tournai (8).

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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 12 Nov 2026.