Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
OPERATEUR DE RESEAUX D'ENERGIES from Charleroi, company number BE0897436971, closed financial year 2025 with a result of € 0 after tax. For that financial year OPERATEUR DE RESEAUX D'ENERGIES recorded revenue of € 920.9 million and equity of € 461,806. Compared with financial year 2024, the result moved from € 0 to € 0. Around break-even. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 461,806
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
Profit after tax over the fiscal year.
€ 98.2 million
▲ 46% 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 € 0.
People and assets in 2025
3,000
▲ 180.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 316.7 million
▲ 11% vs 2024
€ 105,600 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.
Debts at end 2025
€ 2.5 billion
▲ 14% vs 2024
€ 163.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 118.7 million
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 72 days on average.
€ 73.5 million
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 614,498,161 | € 711,531,579 | € 787,137,854 | € 920,909,050 | ▲ 17% |
| Equity | € 508,375 | € 485,978 | € 465,516 | € 461,806 | ▼ 1% |
| Total debts | € 2,265,808,752 | € 2,205,716,642 | € 2,422,821,503 | € 2,819,186,193 | ▲ 16% |
| Cash | € 102,433,198 | € 107,019,316 | € 67,244,991 | € 98,171,516 | ▲ 46% |
| Bank debt | € 1,892,000,000 | € 1,956,900,000 | € 2,225,308,333 | € 2,528,537,500 | ▲ 14% |
| Balance sheet total | € 2,284,433,861 | € 2,224,908,493 | € 2,432,811,627 | € 2,831,229,805 | ▲ 16% |
| Employees (FTE) | 2,495 | 2,651.2 | 2,819.5 | 3,000 | ▲ 180.5 |
Key figures of OPERATEUR DE RESEAUX D'ENERGIES, 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 OPERATEUR DE RESEAUX D'ENERGIES?
What happened at OPERATEUR DE RESEAUX D'ENERGIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 0. Source: NBB ↗
- Laurence DENYS became a director. NBB
- New establishment in Ciney. KBO
- New establishment in Nivelles. KBO
- Thomas DERIDDER stepped down as director. NBB
- Alain GILLIS became a director. NBB
- Richard FOURNAUX became a director. NBB
- Rémy LEBOUTTE became a director. NBB
In short
From € 0 profit in 2022 to € 0 profit in 2025.
Paid € 11.3 million in corporate taxes since 2022.
Pays suppliers within 72 days on average.
A new publication or filing at OPERATEUR DE RESEAUX D'ENERGIES? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind OPERATEUR DE RESEAUX D'ENERGIES are Laurence DENYS, Alain GILLIS, Richard FOURNAUX, Rémy LEBOUTTE, Rachel SOBRY and Jean-Luc MOSSERAY. The shares are held by ORES Assets (99.7%), FINIMO (0%), SOFILUX (0%), IPFBW (0%), CENEO (0%) and FINEST (0%).
Directors
According to the 2025 annual accounts
since 2025
Alain GILLIS
Director
Also active at: SOCIETE PUBLIQUE DE GESTION DE L'EAU, WE Environnement, AQUAWAL, ORES Assets, WATER & CONSTRUCT EXPERTISE, Société digitale des Eaux de Wallonie
since 2025
Richard FOURNAUX
Director
Also active at: Service Social du Personnel de l'Administration Provinciale, ORES Assets
since 2025
Rémy LEBOUTTE
Director
Also active at: CENTRE DE RECHERCHE ET D'INFORMATION SOCIO-POLITIQUES, Centre de recherche et d'information socio-politiques, ORES Assets, COMNEXIO
since 2025
Rachel SOBRY
Director, Vice-chairman of the board
Also active at: Union des Villes et Communes de Wallonie, ORES Assets
since 2025
Jean-Luc MOSSERAY
Director
Also active at: Intercommunale namuroise de Services publics, ORES Assets, COMNEXIO, LOTH-INFO, ASBL Coeur de Condroz
since 2025
since 2025
since 2025
since 2025
since 2025
Camille MAITREJEAN
Director, Chairman of the board
Also active at: PROMOTION DE L'EMPLOI, ORES Assets, COMNEXIO
since 2025
since 2025
since 2025
André ANTOINE
Director
Also active at: Intercommunale pure de financement du Brabant Wallon, Union des Villes et Communes de Wallonie, ORES Assets, COMNEXIO, NEOWAL
since 2025
Sébastien HUMBLET
Director
Also active at: Intercommunale pure d'électricité et de gaz, Le Foyer Jambois et extensions, Association des ressources humaines hospitalières, PUBLIGAS, PISCICULTURE DE SECHE FOSSE, JURIS-IMMO, ORES Assets, COMNEXIO +1 more
since 2025
since 2025
since 2025
since 2025
since 2025
since 2025
since 2020 · until 2025
Florence VAN HOUT
Director
Also active at: CENTRE INTERCOMMUNALE DE SANTE DU COEUR DU HAINAUT, ORES Assets
since 2019 · until 2025
André DUTHY
Director
since 2019 · until 2025
Claude BULTOT
Director
Also active at: Société intercommunale BEP-Environnement, ORES Assets, COMNEXIO
since 2019 · until 2025
since 2025 · until 2025
Maria VITULANO
Director
Also active at: Association Intercommunale de Financement pour l'Equipement Economique de la Province de Luxembourg, Agence locale pour l'Emploi de Musson, ORES Assets
since 2022 · until 2025
Mohammed Amine MELLOUK
Director
Also active at: ORES Assets, INTERCOMMUNALE DE MUTUALISATION EN MATIERE INFORMATIQUE ET ORGANISATIONNELLE
since 2022 · until 2025
since 2019 · until 2025
since 2019 · until 2025
since 2019 · until 2025
since 2019 · until 2025
Jorj RADIKOV
Director
Also active at: INTERCOMMUNALE D'ETUDE ET DE GESTION, FOYER TIBERIADE, DOCTEUR RADIKOV SPRL CIVILE, ORES Assets
since 2024 · until 2025
since 2019 · until 2025
Mario PITZ
Director
Also active at: ASSOCIATION INTERCOMMUNALE POUR LE DEMERGEMENT ET L'EPURATION DES COMMUNES DE LA PROVINCE DE LIEGE, Wirtschaftsförderungsgesellschaft Ostbelgiens VoG, Marienheim Raeren, ORES Assets, ÖFFENTLICHER WOHNUNGSBAU OSTBELGIEN
since 2022 · until 2025
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Jean Mermoz 14
6041 Charleroi
Avenue du Général-Patton 237
6700 Arlon
Active since 1 October 2008
Aye, Rue André Feher 21
6900 Marche-en-Famenne
Active since 1 October 2008
Voie Michel 125
6940 Durbuy
Active since 1 October 2008
Rue de Marche 186
6600 Bastogne
Active since 1 October 2008
Quai de l'Industrie 45
5590 Ciney
Active since 1 October 2008
Avenue Albert 1er 19
5000 Namur
Active since 1 October 2008
Rue de Verviers 64
4700 Eupen
Active since 1 October 2008
Rue de l'Essor 15
5060 Sambreville
Active since 1 October 2008
Rue Moulinai 14
5575 Gedinne
Active since 1 October 2008
Allée de Wésomont 2
4190 Ferrières
Active since 1 October 2008
Rue Jean Koch 6
4800 Verviers
Active since 1 October 2008
Av.du Parc d'Avent.Scientifiques 1
7080 Frameries
Active since 1 October 2008
Avenue Jean Monnet 2
1348 Ottignies-Louvain-la-Neuve
Active since 1 October 2008
Chaussée de Charleroi 395
6061 Charleroi
Active since 1 October 2008
Rue de Croly(NEU) 2
5600 Philippeville
Active since 1 October 2008
Route du Grand Peuplier(S-B) 12
7110 La Louvière
Active since 1 October 2008
Gasstraat 16
7700 Mouscron
Active since 1 October 2008
Aye, Rue André Feher 19
6900 Marche-en-Famenne
Active since 1 October 2008
Aye, Rue André Feher 15
6900 Marche-en-Famenne
Active since 1 October 2008
Route du Grand Peuplier(S-B) 4.
7110 La Louvière
Active since 1 October 2008
Rue Clément Ader 8
6041 Charleroi
Active since 1 May 2014
Chemin d'Éole(L) 19
7900 Leuze-en-Hainaut
Active since 14 September 2015
Aye, Rue André Feher 17
6900 Marche-en-Famenne
Active since 1 June 2018
Chaussée de Wavre 65
1360 Perwez
Active since 5 March 2018
Steinerberg 3
4780 Sankt Vith
Active since 1 July 2018
Avenue Georges Lemaitre 38
6041 Charleroi
Active since 1 September 2019
Marloie, Aux Minières 1
6900 Marche-en-Famenne
Active since 15 August 2019
Recogne,A Frieunne 1
6800 Libramont-Chevigny
Active since 5 November 2020
Rue Léopold Genicot, ZI, Nov. 16 B
5380 Fernelmont
Active since 1 December 2021
Rue des Artisans, Poncelle 7 B
6730 Tintigny
Active since 23 August 2022
Rue de la Croix Limont 36
5590 Ciney
Active since 29 October 2025
Avenue Robert Schuman 10
1400 Nivelles
Active since 15 October 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0897.436.971
- VAT number
- BE 0897.436.971
- Registered office
- Avenue Jean Mermoz 14, 6041 Charleroi
- Names & denominations
- OPERATEUR DE RESEAUX D'ENERGIES · ORES
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 22 April 2008
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Distributie van elektriciteit
Distributie van gasvormige brandstoffen via leidingen
Bouwrijp maken van terreinen
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Bouw van water- en gasdistributienetten