Statuory information
A key economic player in Wallonia
ORES is responsible for managing the electricity and gas distribution networks in over 75% of the Communes in Wallonia.
The staff of ORES, a subsidiary of ORES Assets, is made up of some 2,690 men and women who, each day, enable 2.7 million Walloons to benefit from basic services: access to electricity, natural gas, and communal public lighting.
Over the past six years, ORES has invested more than€1.5 billion euros in the renovation and development of distribution networks, making it a major player in the Walloon economy and its sustainable development.
Responsible for the operation of the distribution networks, ORES also has to search for the financing resources needed to develop its activities and make them sustainable. ORES’ financing resources are guaranteed by ORES Assets.
ORES’ statutory accounts have been drawn up according to Belgian financial reporting standards (BGAAP). Shareholdings in the company Atrias and Comnexio are consolidated in ORES Assets with ORES in accordance with Belgian financial reporting standards and, on a voluntary basis, in accordance with IFRS standards. An analysis of the consolidated risks has also been carried out.
2023 Annual reports » (submitted for the approval of members at the General Meeting of 13 June 2024)
ORES – Annual report 2023 (only available in French)
ORES Assets – Annual report 2023 (only available in French)
ORES Assets – Consolidated annual report BGAAP 2023(only available in French)
ORES Assets – Consolidated annual report IFRS 2023(only available in French)
Comnexio – Annual report 2023 (only available in French)
Strategic plan
Introduction to the company
Financial calendar
The main dates for the financial calendar of the ORES economic group are given in this table:
| Events | Date |
| Publication of the annual reports | May 2024 |
| Ordinary General Meetings | 13 June 2024 |
| Publication of the results from the first half-year | Octobre 2024 |
Memorandum and Articles of Association
ORES and ORES Assets’ memorandum and articles of association can be consulted (in French) via the links below.
ORES Assets - coordinated memorandum and articles of assocation as at 14 décembre 2023
ORES coordinated memorandum and articles of assocation as at14 décembre 2023
You can also consult ORES’ Governance Charter
General meetings of Bondholders and shareholders
Notices relating to the convening and documents relating to the general meetings of the shareholders and bondholders of ORES are available in the news.