Financials
Financial year 2025
TotalEnergies Power & Gas Belgium from Liège, company number BE0859655570, closed financial year 2025 with a result of € 42.8 million after tax. For that financial year TotalEnergies Power & Gas Belgium recorded revenue of € 1.6 billion and equity of € 65.6 million. Compared with financial year 2024, the result moved from € 14.4 million to € 42.8 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 65.6 million
▲ 188% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42.8 million
▲ 198% vs 2024
Profit after tax over the fiscal year.
€ 186,854
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 25.6 million.
People and assets in 2025
181.4
▼ 8.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 20.6 million
▲ 3% vs 2024
€ 113,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 178,103
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 340.2 million
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 11.2 million
▲ 68% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,804,181,520 | € 2,057,612,291 | € 1,560,593,122 | € 1,606,535,431 | ▲ 3% |
| Profit after taxes | € -145,135,868 | € -45,635,321 | € 14,393,454 | € 42,826,558 | ▲ 198% |
| Equity | € -133,970,858 | € -31,606,179 | € 22,787,275 | € 65,613,834 | ▲ 188% |
| Total debts | € 606,411,583 | € 482,806,472 | € 453,458,985 | € 360,504,467 | ▼ 20% |
| Cash | - | € 1,001,969 | € 187,983 | € 186,854 | ▼ 1% |
| Retained profit | € -166,732,358 | € -31,667,679 | € -17,274,225 | € 25,552,334 | ▲ € 42.8 million |
| Bank debt | € 11,537,191 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 477,948,710 | € 455,152,865 | € 492,307,101 | € 448,726,982 | ▼ 9% |
| Employees (FTE) | 178 | 184.2 | 190.1 | 181.4 | ▼ 8.7 |
Key figures of TotalEnergies Power & Gas Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TotalEnergies Power & Gas Belgium?
What happened at TotalEnergies Power & Gas Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hanna Toumi stepped down as director. NBB
- Camille Lévy stepped down as director. NBB
- Olivier Greiner stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 42.8 million (▲ 198% vs 2024). Source: NBB ↗
- Olivier Greiner became a director. NBB
- José-Ignacio Sanz Saiz stepped down as director. NBB
- Hanna Toumi became a director. NBB
- Camille Lévy became a director. NBB
In short
From € 145.1 million loss in 2022 to € 42.8 million profit in 2025.
Paid € 5.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 42.8 million profit.
Pays suppliers within 85 days on average.
Management
It owns 100% of LAMPIRIS-Isol, 100% of TOTALENERGIES RENEWABLES DG BELGIUM ASSETCO 1, 100% of MANEX, 100% of TOTALENERGIES HEATING BELGIUM, 80% of LAMPIRIS Wind and 75% of TOTALLY WIND itself.
Directors
According to the 2025 annual accounts
Hanna Toumi
Director
since 2024 · until 2029
Camille Lévy
Director
since 2024 · until 2029
José-Ignacio Sanz Saiz
Managing director
since 2023 · until 2025
Olivier Greiner
Managing director
Also active at: TotalEnergies Heating Belgium, LAMPIRIS-ISOL, LAMPIRIS WIND, MANEX
since 2025 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue Saint-Laurent 54
4000 Liège
Anspachlaan 1
1000 Brussel
Active since 1 September 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →BUREAU D'ETUDES COLON
TotalEnergies Gas & Power Western Europe
€ 324.2 million revenue · 2025
TotalEnergies Integrated Power ESS Belgium
€ 4.6 million revenue · 2025
TotalEnergies Heating Belgium same network
€ 407,978 revenue · 2025
LAMPIRIS-BV SQUARE
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0859.655.570
- VAT number
- BE 0859.655.570
- Registered office
- Rue Saint-Laurent 54, 4000 Liège
- Names & denominations
- TotalEnergies Power & Gas Belgium · TPGB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Handel in elektriciteit
Distributie en handel van elektriciteit
Distributie van en handel in gasvormige brandstoffen via leidingen
Distributie van gasvormige brandstoffen via leidingen