Manufacture of gas
18 Belgian companies whose main activity falls under NACE code 3521 have filed annual accounts. Their median solvency is 44.8% for financial year 2023.
Sector medians
Computed by IdonisDistribution across the sector's companies for financial year 2023: 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 | 22.0% | 44.8% | 53.4% | 18 |
| Current ratio | 0.36 | 1.04 | 1.32 | 18 |
| ROE | 3.0% | 12.3% | 21.2% | 16 |
| Equity | 285,378 € | €1.71m | €7.66m | 18 |
| Total assets | €1.79m | €6.54m | €11.6m | 18 |
| Net result | −28,708 € | 176,281 € | 901,627 € | 18 |
| Headcount (avg FTE) | 2.0 | 5.4 | 12.2 | 11 |
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: Manufacture of gas
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 | INEOS Oxide Utilities 2070 Beveren-Kruibeke-Zwijndrecht | €103.7m | €139.9m | €43.6m | — | 2025 |
| 2 | Hyoffwind Infrastructure 1500 Halle | €85.1m | — | €83.8m | — | 2025 |
| 3 | Ecoson Energy 9130 Beveren-Kruibeke-Zwijndrecht | €37.0m | €21.1m | €15.7m | 0.1 | 2026 |
| 4 | Cinergie 6224 Fleurus | €22.8m | — | €10.3m | 12.1 | 2025 |
| 5 | Green Logix Biomethane 3920 Lommel | €17.4m | — | €3.66m | — | 2025 |
| 6 | Gebrüder Lenges 4780 Sankt Vith | €15.2m | — | €12.3m | 19.4 | 2025 |
| 7 | Agro-energiek 9930 Lievegem | €14.8m | — | €4.14m | 2.0 | 2025 |
| 8 | Digrom Energy 9050 Ghent | €8.02m | — | €6.89m | — | 2025 |
| 9 | Mont Godinne Green Energy 1348 Ottignies-Louvain-la-Neuve | €4.54m | — | −618,022 € | 5.4 | 2023 |
| 10 | Districoal 6060 Charleroi | €4.44m | — | €2.44m | 13.1 | 2025 |
| 11 | Recufood 3560 Lummen | €4.09m | — | €2.29m | 13.2 | 2025 |
| 12 | AgriKracht 9050 Ghent | €3.27m | — | −272,069 € | — | 2025 |
| 13 | Bio-GAS Boeye 9120 Beveren-Kruibeke-Zwijndrecht | €1.31m | — | 969,388 € | — | 2025 |
| 14 | Bioenergie E.G.H. 4750 Bütgenbach | €1.07m | — | 575,903 € | — | 2025 |
| 15 | Friebara 4750 Bütgenbach | 586,622 € | — | 119,979 € | — | 2025 |
| 16 | MHI Power Aero Europe 1160 Auderghem | 496,451 € | €1.27m | 302,975 € | 3.0 | 2026 |
| 17 | Plug Power Antwerpen 2018 Antwerp | 98,932 € | — | −€7.04m | — | 2025 |
| 18 | Biomethanivelles 1460 Ittre | 38,831 € | — | −17,700 € | — | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
See all 18 companies, full list →
Where are they based?
Municipalities with the most
- 4750 Bütgenbach (Elsenborn)2
- 9050 Ghent (Gentbrugge, Ledeberg)2
- 1160 Auderghem1
- 1348 Ottignies-Louvain-la-Neuve (Louvain-La-Neuve)1
- 1460 Ittre (Virginal-Samme)1
- 1500 Halle1
- 2018 Antwerp1
- 2070 Beveren-Kruibeke-Zwijndrecht (Burcht, Zwijndrecht)1
- 3560 Lummen (Linkhout, Meldert)1
- 3920 Lommel1
- 4780 Sankt Vith (Recht, Saint-Vith)1
- 6060 Charleroi (Gilly)1
Related sectors
← The whole Electricity, gas, steam and air conditioning supply sector (NACE 35)
- 3511 Production of electricity from non-renewable sources601
- 3515 Trade of electricity246
- 3514 Distribution of electricity60
- 3512 Production of electricity from renewable sources50
- 3530 Steam and air conditioning supply29
- 3513 Transmission of electricity24
- 3522 Distribution of gaseous fuels through mains14
Frequently asked questions
How many Manufacture of gas companies are there in Belgium?
18 Belgian companies whose main activity falls under NACE code 3521 (Manufacture of gas) have filed annual accounts with the National Bank.
What is the median solvency in Manufacture of gas?
For financial year 2023, median solvency (equity over total assets) is 44.8%. The middle half of companies lies between 22.0% and 53.4% (18 companies).
What is the largest company in Manufacture of gas?
By total assets, it is INEOS Oxide Utilities (€103.7m, financial year 2025).
Where are Manufacture of gas companies based?
The municipalities with the most: Bütgenbach (2), Ghent (2), Auderghem (1).
Analyse companies in Manufacture of gas
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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 12 Nov 2026.