ACTIVE

TotalEnergies Power & Gas Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result42,8 M €+197,5 %over 1 year
Revenue1,6 Md €+2,9 %over 1 year
Equity65,6 M €+187,9 %over 1 year
Workforce181,4 ETP-4,6 %over 1 year

Identity

Source · BCE/KBO

TotalEnergies Power & Gas Belgium is a Public limited company incorporated in 2003. Its registered office is in Liège. It employs on average 181,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0859.655.570
Incorporation
10/07/2003
Legal form
Public limited company
Registered office
Rue Saint-Laurent 54
4000 Liège · WallonieSee on map
Contributed capital
40 061 500,00 €
Latest accounts
31/12/2025
Average workforce
181,4 ETP
Joint committees (3)
  • 100
  • 218
  • 326
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 23 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue1,6 Md €1,6 Md €2,1 Md €2,8 Md €1,5 Md €
EBITDA77,5 M €46,1 M €-24,7 M €-166 M €-9,6 M €
Operating result44,6 M €15,5 M €-44,8 M €-144,5 M €-41,4 M €
Net result42,8 M €14,4 M €-45,6 M €-145,1 M €-39,8 M €
Balance sheet
Equity65,6 M €22,8 M €-31,6 M €-134 M €11,2 M €
Total assets448,7 M €492,3 M €455,2 M €477,9 M €331,8 M €
Cash186,9 k €188 k €1 M €–1,1 M €
Debts360,5 M €453,5 M €482,8 M €606,4 M €277 M €
Other
Workforce181,4 ETP190,1 ETP184,2 ETP178,0 ETP187,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 61 ended

Active mandates

Olivier Greiner

Managing director · since 07 novembre 2025 · until 28 juin 2029

Active
Camille Lévy

Director · since 24 octobre 2024 · until 28 juin 2029

Active
Hanna Toumi

Director · since 24 octobre 2024 · until 28 juin 2029

Active
José-Ignacio Sanz Saiz

Managing director · since 31 août 2023 · until 05 novembre 2025

Active

Ended mandates

Hanna Toumis

Director · since 24 octobre 2024 · until 28 juin 2029

Ended
José-Ignacio Sanz Saiz

Managing director · since 31 août 2024 · until 28 juin 2029

Ended
Bruno Leconte

Director · since 01 octobre 2023 · until 24 octobre 2024

Ended
Bruno Leconte

Director · since 01 octobre 2023 · until 28 juin 2029

Ended

Other companies at this address

Rue Saint-Laurent 54 4000 Liège
CompanyCBE no.
BUREAU D'ETUDES COLON● Active
0466.121.919
LAMPIRIS-BV SQUARE● Active
0835.902.745
LAMPIRIS COOP● Active
0846.628.569
LAMPIRIS-ISOL● Active
0840.404.040
LAMPIRIS WIND● Active
0880.350.620
MANEX● Active
0896.428.864
TotalEnergies Gas & Power Western Europe● Active
0475.066.408
TotalEnergies Heating Belgium● Active
0567.891.745
TotalEnergies Integrated Power ESS Belgium● Active
0536.909.351

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/07/202624/07/202515/07/202417/07/202302/08/202219/07/2021
General meeting25/06/202626/06/202527/06/202430/06/202323/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 23 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/06/202608/07/2026FrenchPDF
Full model31/12/202426/06/202524/07/2025FrenchPDF
Full model31/12/202327/06/202415/07/2024FrenchPDF
Full model31/12/202230/06/202317/07/2023FrenchPDF
Full model31/12/202123/06/202202/08/2022FrenchPDF
Full model31/12/202024/06/202119/07/2021FrenchPDF
Full model31/12/201925/06/202031/07/2020FrenchPDF
Full model31/12/201827/06/201922/07/2019FrenchPDF
Full model31/12/201728/06/201805/07/2018FrenchPDF
Full model31/12/201622/06/201712/07/2017FrenchPDF
Full model30/09/201515/12/201516/12/2015FrenchPDF
Consolidated accounts30/09/201517/03/201612/04/2016FrenchPDF
Full model31/12/201331/07/201401/08/2014FrenchPDF
Consolidated accounts31/12/201331/07/201404/08/2014FrenchPDF
Full model31/12/201228/06/201325/07/2013FrenchPDF
Consolidated accounts31/12/201228/06/201310/12/2013FrenchPDF
Consolidated accounts31/12/201228/06/201310/12/2013FrenchPDF
Full model31/12/201129/08/201231/08/2012FrenchPDF
Full model31/12/201030/06/201119/08/2011FrenchPDF
Full model31/12/200929/05/201015/06/2010FrenchPDF
Full model31/12/200827/05/200911/06/2009FrenchPDF
Abridged model31/12/200731/05/200809/06/2008FrenchPDF
Abridged model31/12/200626/05/200721/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 61 ended

Active mandates

Olivier Greiner

Managing director · since 07 novembre 2025 · until 28 juin 2029

Active
Camille Lévy

Director · since 24 octobre 2024 · until 28 juin 2029

Active
Hanna Toumi

Director · since 24 octobre 2024 · until 28 juin 2029

Active
José-Ignacio Sanz Saiz

Managing director · since 31 août 2023 · until 05 novembre 2025

Active

Ended mandates

Hanna Toumis

Director · since 24 octobre 2024 · until 28 juin 2029

Ended
José-Ignacio Sanz Saiz

Managing director · since 31 août 2024 · until 28 juin 2029

Ended
Bruno Leconte

Director · since 01 octobre 2023 · until 24 octobre 2024

Ended
Bruno Leconte

Director · since 01 octobre 2023 · until 28 juin 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Annual accounts17/08/2026
    Examen et approbation des comptes annuels pour l'exercice social clôturé
    PDF
  • Capital / shares16/07/2026
    CAPITAL, ACTIONS
    PDF
  • Mandates06/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares02/08/2024
    CAPITAL, ACTIONS
    PDF
  • Capital / shares29/01/2024
    CAPITAL, ACTIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 01/04/2026
    nominationAlexis BAUDRY — délégué à la gestion journalière
  2. 2025
    Annual accounts 202542,8 M €↑
  3. 07/11/2025
    nominationOlivier GREINER — administrateur-délégué
  4. 26/06/2025
    reconductionPatrick Mortroux — commissaire aux comptes
  5. 2024
    Annual accounts 202414,4 M €↑
  6. 24/10/2024
    nominationCamille Lévy — administratrice
  7. 24/10/2024
    nominationHanna Toumi — administratrice
  8. 24/10/2024
    nominationHanna Toumis — administratrice
  9. 18/07/2024
    augmentation_capital
  10. 27/06/2024
    nominationClaire Muller — déléguée à la gestion journalière
  11. 14/05/2024
    nominationMichel Grandjean — délégué à la gestion journalière
  12. 2024
    Name changeTPGB (TotalEnergies Power and Gas Belgium)
  13. 2023
    Annual accounts 2023-45,6 M €↑
  14. 26/12/2023
    reduction_capital
  15. 01/10/2023
    nominationBruno Leconte — administrateur
  16. 01/09/2023
    nominationJosé Ignacio SANZ SAIZ — administrateur délégué
  17. 01/09/2023
    nominationFrédéric Contie — délégué à la gestion journalière
  18. 31/08/2023
    nominationJosé-Ignacio SANZ — administrateur
  19. 30/06/2023
    nominationOlivier JOUNY — administrateur
  20. 2023
    Name changeTotalEnergies Power and Gas Belgium
  21. 2022
    Annual accounts 2022-145,1 M €↓
  22. 23/06/2022
    reconductionMarc Bensadoun — administrateur
  23. 23/06/2022
    nominationAmaud Vuillefroy de Silly — administrateur
  24. 23/06/2022
    nominationPatrick Mortroux — commissaire aux comptes
  25. 09/05/2022
    cession
  26. 2021
    Annual accounts 2021-39,8 M €↓
  27. 2021
    Name changeTotalEnergies Power & Gas Belgium
  28. 2020
    Annual accounts 2020-7 M €↓
  29. 2019
    Annual accounts 2019153,5 M €↑
  30. 2018
    Annual accounts 2018-3 M €↓
  31. 2017
    Annual accounts 20176,3 M €↓
  32. 2016
    Annual accounts 201616,3 M €↑
  33. 2015
    Annual accounts 2015-2,8 M €↑
  34. 2013
    Annual accounts 2013-9,2 M €↓
  35. 2012
    Annual accounts 20129,3 M €↑
  36. 2011
    Annual accounts 20115,8 M €↓
  37. 2010
    Annual accounts 20108 M €↑
  38. 2009
    Annual accounts 20097,1 M €↑
  39. 2008
    Annual accounts 2008486,3 k €↑
  40. 2007
    Annual accounts 2007460,7 k €↑
  41. 2006
    Annual accounts 200673,6 k €
  42. 2006
    Name changeLAMPIRIS
  43. 10/07/2003
    IncorporationPublic limited company