OCTA+

What OCTA+ does

OCTA+ is a 100% Belgian, family-owned independent energy supplier headquartered in Vilvoorde, operating across Belgium through four legal entities (OCTA+ Energie SA, OCTA+ Mazout SA, OCTA+ Liège Ardennes SA, and Patigny Mazout SA) and logistical sites in Vilvoorde, Hasselt, Liège, and Mariembourg/Couvin. Founded in 1895 and active in heating oil for nearly 80 years, the company entered electricity and natural gas supply in 2010 and now serves residential, SME, and large-enterprise customers with a portfolio that spans fixed, variable, and dynamic electricity/gas tariffs, standard and premium heating oil (Mazout and Mazout+), the HybridCard multi-brand fuel and EV charging card, and the OMES sub-brand offering solar panels, home batteries, EV chargers, and an AI-powered Energy Management System.

The company's technology stack combines a physical delivery and distribution backbone — a fleet of 35+ trucks and four logistics hubs for heating oil — with a digital customer portal enabling online signup in under 10 minutes, consumption monitoring, and multi-channel service (phone, email, chat, WhatsApp) with a guaranteed 24-hour response. HybridCard integrates 18+ third-party networks (Ionity, Fastned, ChargePoint, EVBox, TotalEnergies, Shell Recharge, Allego, Vattenfall, Enel Way, among others) to deliver access to 1,850 fuel stations and 1,500,000 EV charging points across Europe, while OMES layers an AI-driven optimizer on top of customer-owned solar, battery, and EV-charging assets.

OCTA+ generates revenue through a mix of subscription/recurring tariffs (electricity, gas, HybridCard), transaction/unit pricing (heating oil with automatic refill and flexible monthly payment plans), hardware sales (OMES solar/battery/charger installations), and B2B consultative contracts for SMEs and large enterprises. Pricing is predominantly quote-based, with promotional offers (e.g., a temporary Giga discount up to €965 for new customers), volume discounts above 1,600 liters of heating oil, and dynamic hourly tariffs requiring a smart meter.

Name

OCTA+

Legal name

OCTA+ Energie SA

Website

https://octaplus.be

Company type

Private

Founded year

1895

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Retail Energy Supply

NAICS

Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)

akta.pro secondary industries

Charging Network Operators & CPOs Offering Smart Charging/V2G (EUAFAMAD), Alternative Transportation Fuels Retail (EV Charging, Hydrogen, CNG/LNG, Biofuels Blends) (EUALAIAI)

Keywords

• Electricity supply
• Natural gas distribution
• Heating oil delivery
• EV charging cards
• Energy management solutions

Headquarters

HQ city

Vilvoorde

HQ country

Belgium

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Electricity Supply: Supply of electricity to residential and business customers with various pricing options including fixed, variable, and dynamic tariffs.
2. Natural Gas Supply: Natural gas distribution to customers with flexible pricing plans adapted to market conditions.
3. Heating Oil (Mazout): Heating oil supply with automatic refilling services and flexible payment options. Delivered via fleet of 35+ trucks across Belgium.
4. Fuel and Charging Cards: Multi-brand fuel and EV charging card services providing access to extensive network of stations and charging points.
5. Energy Efficiency Solutions (OMES): Solar panels, home batteries, EV charging stations, and intelligent energy management systems for reducing energy costs and consumption.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels4 records

Core offering

OCTA+ is a 100% Belgian independent energy supplier that distributes green electricity, natural gas, heating oil (mazout), and a multi-brand fuel/EV charging card (HybridCard) to residential households, SMEs, and large enterprises across Belgium. Its portfolio includes fixed, variable, and dynamic electricity/gas tariffs, standard and premium heating oil products with automatic refill and installment payment plans, the HybridCard covering 1,850 fuel stations and 1,500,000+ charging points across Europe, and the OMES energy efficiency line combining solar panels, home batteries, EV charging stations, and an AI-powered Energy Management System.

Product overview

OCTA+ is a 100% Belgian energy supplier offering a portfolio of energy products across residential, SME, and large enterprise segments. The core offering spans four main product lines: (1) Gas & Electricity contracts with three plan variants — Eco Fixed (12-month fixed-rate green electricity), Eco Flux (variable promotional rate), and Dynamic (hourly market-priced plan) — as well as B2B Click for business customers; (2) Heating Oil comprising standard Mazout, premium Mazout+, and Gasoil Extra products with automatic refill and payment spreading options; (3) HybridCard, a multi-brand fuel and EV charging card covering 1,850 stations and 1,500,000 charging points across Europe; and (4) OMES, an AI-powered energy management system combining solar panels, home batteries, charging stations, and intelligent automation. The company operates across Belgium from logistics sites in Vilvoorde, Hasselt, Liège, and Couvin.

Differentiator

Problem solved

Functional benefit

Brands

• OMES: Energy management and savings solutions including solar panels, home batteries, EV charging stations, and AI-powered Energy Management Systems (EMS) for intelligent energy piloting.
• HybridCard

Quantifiable outcome

• Customer recommendation rate exceeds 95%
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

AI capability3 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core.

• EVBoxcoreTechnology or IntegrationElectric vehicle charging infrastructure partner providing access to EVBox charging stations through the HybridCard network across Europe.
• ChargePointcoreTechnology or IntegrationMajor EV charging network partner integrated into HybridCard for seamless electric vehicle charging across Europe.
• IonitycoreTechnology or IntegrationHigh-power charging network partner providing ultra-fast charging access through HybridCard for long-distance electric vehicle travel.
• FastnedcoreTechnology or IntegrationFast charging station partner offering high-speed charging services across Europe via HybridCard.
• TotalEnergiescoreTechnology or IntegrationFuel station network partner providing access to TotalEnergies stations in Belgium and Europe through HybridCard.
• Shell RechargecoreTechnology or IntegrationElectric vehicle charging partner integrated into HybridCard network for access to Shell's European charging infrastructure.
• Biogas Electricity Producers (3 partners)coreStrategic or Co-development PartnerThree biogas partners producing green electricity from organic waste fermentation (food scraps, manure, green waste). This partnership enables OCTA+ to supply approximately 6,000 Belgian households with locally-produced green electricity.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Treion: Belgian heating oil (mazout) specialist serving households and businesses with delivery and automatic refill. Direct peer to OCTA+ Mazout with overlapping product portfolio and customer segment.
• Lampiris (TotalEnergies): Belgian energy retailer offering electricity, natural gas, and green energy plans to residential and business customers. Direct head-to-head competitor to OCTA+ in the Belgian retail energy market with similar multi-product positioning.
• Mega (Colruyt Group): Belgian budget energy supplier backed by Colruyt, competing aggressively on price in electricity and gas. Comparable in serving Belgian residential and SME segments with multi-channel acquisition.
• Aspiravi: Belgian green energy producer and supplier focused on wind, solar, and biomass-based electricity. Comparable to OCTA+ as a Belgian independent green-electricity specialist with biogas/wind generation partnerships.
• Eneco Belgium: Dutch-origin green energy supplier with significant Belgian operations, offering 100% renewable electricity, natural gas, and increasingly energy services (solar, EV charging, heat pumps) — directly overlapping OCTA+'s OMES and green-electricity proposition.
• Octopus Energy Belgium: UK-origin digital-first energy supplier with Belgian operations, competing on dynamic pricing, smart-meter optimization, and tech-driven UX. Comparable to OCTA+ in targeting digitally-engaged residential customers with transparent variable tariffs.
• Verhelst Group: Belgian family-owned fuel and heating oil distributor with delivery fleet, fuel cards, and station network. Comparable to OCTA+ as a multi-fuel Belgian independent with parallel mazout and mobility offerings.

Broad incumbents

• EDF Luminus: Belgian arm of French EDF, one of the largest Belgian energy suppliers with generation assets, retail electricity and gas offerings, and energy services. Competes with OCTA+ across residential, SME, and enterprise segments.
• Engie Electrabel: Incumbent Belgian energy major (subsidiary of French Engie) supplying electricity, gas, and energy services at scale. Competes with OCTA+ across all segments but with vastly larger capital, generation, and retail share.
• TotalEnergies Marketing Belgium: Belgian retail arm of TotalEnergies covering fuel stations, EV charging, electricity, and gas — directly comparable to OCTA+ HybridCard's pan-European mobility and energy proposition at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/octaplusbe

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OCTA+