Construction of utility projects for electricity and telecommunications
928 Belgian companies whose main activity falls under NACE code 4222 have filed annual accounts. Their median solvency is 44.7% 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 | 23.5% | 44.7% | 63.9% | 777 |
| Current ratio | 1.04 | 1.53 | 2.47 | 766 |
| ROE | 6.6% | 25.3% | 63.2% | 715 |
| Equity | 17,736 € | 64,740 € | 272,923 € | 782 |
| Total assets | 55,322 € | 164,559 € | 741,213 € | 782 |
| Net result | 1,968 € | 19,631 € | 61,779 € | 781 |
| Headcount (avg FTE) | 1.1 | 4.2 | 14.8 | 356 |
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: Construction of utility projects for electricity and telecommunications
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 | Spie Belgium 1070 Anderlecht | €274.7m | €375.6m | €60.8m | 1,375.4 | 2025 |
| 2 | BESIX Unitec 2627 Schelle | €126.2m | €180.6m | €29.2m | 546.5 | 2025 |
| 3 | Siemens Energy 1654 Beersel | €107.3m | €155.1m | €19.3m | 102.6 | 2025 |
| 4 | Algemene Participatie Kerkhofs 3900 Pelt | €83.8m | €23.2m | €33.9m | 6.6 | 2025 |
| 5 | Constructel Belgium 7033 Mons | €71.2m | €99.9m | €29.4m | 229.0 | 2025 |
| 6 | Mobix 2800 Mechelen | €64.2m | €50.3m | €32.8m | 275.6 | 2025 |
| 7 | CAS-VOS 9100 Sint-Niklaas | €59.4m | €106.9m | €10.2m | 387.4 | 2025 |
| 8 | Circet Infratechniek 2900 Schoten | €54.8m | €44.8m | €18.9m | 99.4 | 2025 |
| 9 | IRISnet 1150 Woluwe-Saint-Pierre | €46.0m | €37.9m | €25.0m | 47.1 | 2025 |
| 10 | Cableco 8500 Kortrijk | €44.5m | €5.89m | €43.6m | — | 2025 |
| 11 | Fodetra-Hotton Infra 6180 Courcelles | €27.4m | €51.5m | €9.38m | 220.3 | 2025 |
| 12 | GKW 1740 Ternat | €24.1m | €38.2m | €7.92m | 116.8 | 2025 |
| 13 | Nitraco 2250 Olen | €24.0m | €3.52m | €1.85m | — | 2026 |
| 14 | Elettrodotti Cantamessa BE 1040 Etterbeek | €23.9m | — | −936,124 € | — | 2025 |
| 15 | Oude Marktvoerliedennatie 9120 Beveren-Kruibeke-Zwijndrecht | €23.8m | €44.6m | €16.2m | 105.1 | 2024 |
| 16 | Circet Projects 1930 Zaventem | €23.0m | €39.2m | €6.80m | 71.8 | 2025 |
| 17 | Mobix Engetec 7170 Manage | €22.8m | €25.8m | €1.57m | 162.5 | 2025 |
| 18 | Etablissements Jacobs SA 4340 Awans | €22.7m | €19.8m | €3.52m | 114.9 | 2024 |
| 19 | LCL Wallonia One 5032 Gembloux | €21.5m | €5.59m | €14.9m | 10.2 | 2025 |
| 20 | Storm Wachtebeke 2600 Antwerp | €19.2m | — | €7.03m | — | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
See all 928 companies, full list →
Where are they based?
Municipalities with the most
- 9160 Lokeren (Daknam, Eksaarde)68
- 9240 Zele40
- 2600 Antwerp (Berchem)36
- 9100 Sint-Niklaas (Nieuwkerken-Waas)26
- 3550 Heusden-Zolder (Heusden, Zolder)17
- 9140 Temse (Elversele, Steendorp, Tielrode)17
- 9000 Ghent16
- 2610 Antwerp (Wilrijk)13
- 2100 Antwerp (Deurne)11
- 3530 Houthalen-Helchteren (Helchteren, Houthalen)11
- 3600 Genk11
- 9220 Hamme (Vl.) (Hamme, Moerzeke)11
Related sectors
Frequently asked questions
How many Construction of utility projects for electricity and telecommunications companies are there in Belgium?
928 Belgian companies whose main activity falls under NACE code 4222 (Construction of utility projects for electricity and telecommunications) have filed annual accounts with the National Bank.
What is the median solvency in Construction of utility projects for electricity and telecommunications?
For financial year 2024, median solvency (equity over total assets) is 44.7%. The middle half of companies lies between 23.5% and 63.9% (777 companies).
What is the largest company in Construction of utility projects for electricity and telecommunications?
By total assets, it is Spie Belgium (€274.7m, financial year 2025).
Where are Construction of utility projects for electricity and telecommunications companies based?
The municipalities with the most: Lokeren (68), Zele (40), Antwerp (36).
Analyse companies in Construction of utility projects for electricity and telecommunications
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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.