Group Machiels

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Group Machiels - overview

Location

Hasselt, -, Belgium

Primary Industry

Renewable Energy

About

Group Machiels operates in renewable energy, environmental management, and real estate, focusing on sustainable solutions through innovative projects and services. They aim to provide eco-friendly options tailored to various client needs. Group Machiels is engaged in developing and managing sustainable solutions, with headquarters in Hasselt, Belgium. The company is led by CEOs Daan Peeters and Filip Vercauteren.


Specific details regarding the company's history, such as any pivots or changes in operations, were not provided. Group Machiels specializes in the development and management of sustainable solutions within the sectors of renewable energy, environmental management, and real estate. Their core offerings include photovoltaic (PV) installations aimed at harnessing solar energy for commercial and residential use, as well as innovative real estate projects that focus on sustainability and energy efficiency. The company also provides comprehensive environmental management services designed to address various ecological challenges, promoting responsible resource use and waste reduction.


Group Machiels serves a diverse array of clients, including commercial enterprises, local governments, and private homeowners, across multiple geographical markets including Europe and specific regions within Asia. Their commitment to sustainability and environmental stewardship is central to meeting the needs of clients looking for effective, eco-friendly solutions. In 2022, Group Machiels reported a revenue of USD 6. 26 mn and an EBITDA of USD -623,645.


6. Revenue is generated through a combination of project-based contracts, service agreements, and partnerships in the renewable energy and real estate sectors. Clients typically enter into direct agreements for the installation and maintenance of PV systems or long-term service contracts for environmental management practices, allowing the company to maintain a steady revenue flow while delivering tailored solutions. Group Machiels is focused on expanding its portfolio of renewable energy solutions, particularly by launching new photovoltaic installations aimed at enhancing energy efficiency for clients.


They are planning to enter additional markets in Europe and regions within Asia by the end of 2025. Recent funding will support the development of these innovative projects and facilitate the geographic expansion efforts to meet the growing demand for sustainable solutions.


Primary Industry

Renewable Energy

Sub Industries

Power Generation Equipment & Services, Renewable Energy

Website

www.machiels.com

Total Amount Raised

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