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Group Machiels - About the company

Group Machiels is a funded company based in Hasselt (Belgium), founded in 1941. It operates as a Developer of renewable energy projects and construction projects. The company has 52 active competitors, including 1 funded and 4 that have exited. Its top competitors include companies like TES, SolarPower Europe and Green Energy 4 Seasons.

Company Details

Group Machiels was a construction company which ventured into environmental technology with specialization in waste management, energy, and real estate, both in Belgium and Chile. Active in Europe, South America, and South Africa. Project portfolio includes 8 MW solar power station on the old recovery reservoirs of zinc producer Nyrstar in Overpelt; 1.1MW solar power station on the south facing slope of Sibelco sand quarry in Maasmechelen. Also, operates 12 wind turbines in Flanders and 3 wind turbines on the site of the Port Genk.
Social
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Email ID
*****@machiels.com
Phone Number
+32 **********
Key Metrics
Founded Year
1941
Location
Hasselt, Belgium
Stage
Funding Raised
Investors
Ranked
Annual Revenue
€1M - €10M as on Dec 31, 2024
Employee Count
53 as on May 31, 2026
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Group Machiels's funding and investors

Group Machiels is a funded company. Group Machiels has 1 institutional investor.

Group Machiels' founders and board of directors

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Group Machiels' employee count trend

Group Machiels has 53 employees as of May 26. Here is Group Machiels's employee count trend over the years:
Employee count trend for Group Machiels
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Group Machiels's Competitors and alternates

Top competitors of Group Machiels include TES, SolarPower Europe and Green Energy 4 Seasons. Here is the list of Top 10 competitors of Group Machiels, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TES
TES
2019, Zaventem (Belgium), Series C
Developer of solar and wind energy projects
$215M
55/100
2nd
Logo for SolarPower Europe
SolarPower Europe
1985, Brussels (Belgium), Funding Raised
Developer of solar energy projects
-
38/100
3rd
Logo for Green Energy 4 Seasons
Green Energy 4 Seasons
2007, Marche en Famenne (Belgium), Funding Raised
Provider of photovoltaic solar panel installation services for residential properties
-
35/100
4th
Logo for Intellisol
Intellisol
2006, Maaseik (Belgium), Unfunded
Designer and installer of energy-efficient systems
-
-
32/100
5th
Logo for GD Energy
GD Energy
2013, Tongeren (Belgium), Unfunded
Residential solar and wind projects installer
-
-
31/100
6th
Logo for Perpetum Energy
Perpetum Energy
2007, Nazareth (Belgium), Acquired
Provider of end-to-end electrical decarbonization solutions through smart combination of photovoltaic energy and wind power
-
-
30/100
7th
Logo for Group Machiels
Group Machiels
1941, Hasselt (Belgium), Funding Raised
Developer of renewable energy projects and construction projects
-
 
28/100
8th
Logo for Nalys
Nalys
2011, Brussels (Belgium), Funding Raised
Developer of solar energy projects
-
28/100
9th
Logo for Ecosol +
Ecosol +
1993, Peer (Belgium), Funding Raised
Provider of sustainable HVAC and electrification solutions for new constructions and renovations. They specialize in heat pumps, ventilation systems, sanitary installations, solar energy, and charging stations. The company focuses on delivering high-quality, reliable, and efficient systems, prioritizing innovation and environmentally friendly technologies. Services include installation, maintenance, and repair. They work with established wholesalers for sanitary fixtures. They also offer air conditioning solutions tailored to individual needs.
-
-
27/100
10th
Logo for Ikaros Solar
Ikaros Solar
2006, Schoten (Belgium), Acquired
O&M and EPC service provider
$21.2M
27/100
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Group Machiels's Investments and acquisitions

Group Machiels has made no investments or acquisitions yet.

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