EnergyVision looks back on 2025: milestones, key figures and our Christmas wishes
Dear partner,
We are gradually closing the chapter on a historic year. A year in which our IPO allowed us to seize a unique opportunity to make EnergyVision even better, larger, more profound and more future-oriented. All with one purpose: to support even more people, families, and businesses in the essential energy transition.
It was, in every respect, an unforgettable year, marked by our strongest revenue acceleration ever, driven by our recurring business models and a significant increase in the number of customers. And all this despite several obstacles along the way, such as the challenges regulators face in incorporating our innovative contracts into price comparison tools.
Since our listing, you will have noticed that everything at EnergyVision is different, while at the same time everything has remained exactly the same. We are bigger and more capable, yet EnergyVision is still driven by people, for people. With great enthusiasm, strong ambition and an exceptional passion for our customers. Next year, we are once again ready to strengthen our reputation as the challenger in the energy market.
To our customers, I wish even more affordable, green energy.
To our employees, even more satisfied customers.
And to Euronext Brussels, I wish several IPOs in 2026 and a new Cooreman-Declerq law, as promised in the federal coalition agreement.
On behalf of the entire team, I wish you warm and safe holidays. And above all: a healthy and successful 2026.
Warm regards,
Maarten Michielssens
CEO EnergyVision
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First Belgian IPO in four years
On 9 July, at exactly 9 a.m., the founders of EnergyVision rang the bell at the Brussels stock exchange. And they did not do it alone. More than a hundred enthusiastic employees, family members and friends took part in the traditional bell ceremony. Together we made it a memorable moment. It was the loudest IPO ever, and the first Belgian IPO since October 2021. Under the ticker ENRGY on Euronext Brussels, EnergyVision immediately signed for the most successful first trading day of 2025 in Europe and the most successful Belgian stock market debut ever.
2025 was a record-breaking year…
It truly was a bumper year. We launched several energy contracts offering substantial, and in some cases multi-year, price certainty. That choice quickly turned out to be a bullseye. No less than 58% of customers from group purchases stayed with us after their group contract ended (the market average is just 25%), and at the same time new customers are still joining EnergyVision every single day. The result far exceeded the expectations we set out in our prospectus. Consequence: on 1 January we will start the year with more than 130,000 connection points. In other words, our customer base has grown significantly. In Flanders, our market share increased from less than 0.1% to more than 2% in a single year. This makes us the fastest-growing player in Flanders, with almost twice as many new customers as the second strongest climber.
If you only look at Flemish households that switched energy supplier in 2025, the conclusion is even more striking: 12.1% of the 471,397 families that changed supplier this year became our customer.
More customers also means generating more green energy. That is why we started new business units: alongside wind, we added hydropower with the acquisition of Turbulent. And of course, we continued to invest heavily in solar energy. In Belgium alone, we installed 145,287 solar panels, representing a capacity of 63.2 MWp and counting. In times of negative prices, we applied so-called “curtailment” on both large and small installations: at any moment we could switch each of our installations on or off, helping to support the grid (and avoiding negative injection prices for our customers). Our additional investments in green, low-cost energy did not go unnoticed. In the new Greenpeace sustainability ranking for Belgian energy suppliers, we scored 18/20 as a newcomer.
At the same time, we continue to invest heavily in the development of fast-charging hubs at retail locations, such as Hubo, as well as at business parks. And as a crowning achievement, we have also secured several strategic tenders. Just last week, we were awarded a major contract: the rollout of more than 5,000 charging points for the Flemish Government, accounting for roughly two-thirds of all new public charging points in Flanders. Earlier, we also won the tender from the Belgian National Railway Company (NMBS/SNCB) for the supply, installation, maintenance, operation and financing of thousands of public charging stations in their parking facilities. As a result, we are set to become the largest operator of public charging infrastructure in Belgium.
Speaking of charging: on 1 December we recorded the one-millionth charging session of the year at our charging points, a milestone. More than 150,000 unique users charged their car at an EnergyVision charging point over the past year, an increase of almost 90% compared to 2024. The utilisation rate also rose sharply, from just under 34% in 2024 to more than 40% in 2025. All in all, more than 20 million kWh was charged in 2025.
…and we are pushing ahead in 2026, together with you!
Anyone who thinks we will now be slowing down is mistaken. Our new story has only just begun. For 2026, we are planning to further ramp up the total annual production of our existing wind turbines (10.5 GWh). We will do so through the development of at least one permitted turbine, the confirmed acquisition of several additional turbines and extra power purchase agreements as from 1 January. We are also aiming for a lot of new customers, many additional MW in wind and solar, and we want to add hydropower in our home market. Hydropower is an almost forgotten technology in Belgium, but we are changing that. Our first Belgian projects, in which a constant (stable) energy source can be tapped via hydropower, are already taking shape.
Together with our more than 200 employees, we are shifting up another gear and want to really push ahead with our growth. For anyone still in doubt: in 2026 we are and remain the challenger in the Belgian energy market.
You read that correctly: you can once again count on us, and our listening ear, throughout the year. Our customers will continue to receive our full attention. We are also eager, for the first time as a listed company, to share full details of our revenue and profit growth. But for now: enjoy the holidays to the fullest, the peace and the cosy moments. We wish you and your loved ones all the very best!
