Belgium

Top 78 largest Belgian Companies by Market Cap

This is the list of the largest public listed companies from Belgium by market capitalization with links to their reference stock, sector and industry.

Belgium Market Analysis
World Top Companies World Companies Analysis

Top Companies from Belgium as of Jan. 01, 2024

Rank Company Market Cap (USD) Country Sector Industry
1 Anheuser-Busch InBev SA/NV $129.00 B Belgium Belgian Consumer Staples Belgian Beverages—Brewers
2 KBC Group NV $27.38 B Belgium Belgian Financials Belgian Banks—Regional
3 UCB SA $17.08 B Belgium Belgian Healthcare Belgian Biotechnology
4 Groupe Bruxelles Lambert SA $10.13 B Belgium Belgian Financials Belgian Asset Management
5 Elia Group SA/NV $9.19 B Belgium Belgian Utilities Belgian Utilities—Regulated Electric
6 Sofina SA $8.10 B Belgium Belgian Financials Belgian Asset Management
7 ageas SA/NV $8.08 B Belgium Belgian Financials Belgian Insurance—Diversified
8 Warehouses De Pauw NV $6.80 B Belgium Belgian Real Estate Belgian REIT—Industrial
9 Umicore SA $6.64 B Belgium Belgian Industrials Belgian Pollution & Treatment Controls
10 Etn. Fr. Colruyt NV $5.78 B Belgium Belgian Consumer Staples Belgian Grocery Stores
11 Ackermans & Van Haaren NV $5.75 B Belgium Belgian Industrials Belgian Engineering & Construction
12 Melexis NV $3.76 B Belgium Belgian Technology Belgian Semiconductors
13 KBC Ancora SCA $3.68 B Belgium Belgian Financials Belgian Asset Management
14 Financière de Tubize SA $3.68 B Belgium Belgian Healthcare Belgian Biotechnology
15 Euronav NV $3.57 B Belgium Belgian Energy Belgian Oil & Gas Midstream
16 Aedifica SA $3.27 B Belgium Belgian Real Estate Belgian REIT—Healthcare Facilities
17 Solvay SA $3.22 B Belgium Belgian Basic Materials Belgian Chemicals
18 Proximus PLC $3.19 B Belgium Belgian Communication Services Belgian Telecom Services
19 VGP NV $3.00 B Belgium Belgian Real Estate Belgian Real Estate Services
20 Cofinimmo SA $2.82 B Belgium Belgian Real Estate Belgian REIT—Diversified
21 Galapagos NV $2.77 B Belgium Belgian Healthcare Belgian Biotechnology
22 NV Bekaert SA $2.58 B Belgium Belgian Industrials Belgian Metal Fabrication
23 Telenet Group Holding NV $2.43 B

(July 1, 2023)

Belgium Belgian Communication Services Belgian Telecom Services
24 Home Invest Belgium SA $1.98 B

(July 1, 2022)

Belgium Belgian Real Estate Belgian REIT—Residential
25 Tessenderlo Group NV $1.96 B Belgium Belgian Basic Materials Belgian Agricultural Inputs
26 Montea C.V.A $1.85 B Belgium Belgian Real Estate Belgian REIT—Industrial
27 Viohalco SA $1.66 B Belgium Belgian Industrials Belgian Metal Fabrication
28 Barco NV $1.57 B Belgium Belgian Technology Belgian Electronic Components
29 Befimmo SA $1.36 B

(Jan. 1, 2023)

Belgium Belgian Real Estate Belgian REIT—Office
30 X-FAB Silicon Foundries SE $1.36 B Belgium Belgian Technology Belgian Semiconductors

Top Companies from Belgium as of Jan. 01, 2024

1. AB InBev

Company Profile: Anheuser-Busch InBev SA/NV
Market Cap (USD): $129.00 B
Country: Belgium
Sector: Belgian Consumer Staples
Industry: Belgian Beverages—Brewers

2. KBC Group NV

Company Profile: KBC Group NV
Market Cap (USD): $27.38 B
Country: Belgium
Sector: Belgian Financials
Industry: Belgian Banks—Regional

3. UCB SA

Company Profile: UCB SA
Market Cap (USD): $17.08 B
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Biotechnology

4. Groupe Bruxelles Lambert SA

Company Profile: Groupe Bruxelles Lambert SA
Market Cap (USD): $10.13 B
Country: Belgium
Sector: Belgian Financials
Industry: Belgian Asset Management

5. Elia Group SA/NV

Company Profile: Elia Group SA/NV
Market Cap (USD): $9.19 B
Country: Belgium
Sector: Belgian Utilities
Industry: Belgian Utilities—Regulated Electric

6. Sofina SA

Company Profile: Sofina SA
Market Cap (USD): $8.10 B
Country: Belgium
Sector: Belgian Financials
Industry: Belgian Asset Management

7. ageas SA/NV

Company Profile: ageas SA/NV
Market Cap (USD): $8.08 B
Country: Belgium
Sector: Belgian Financials
Industry: Belgian Insurance—Diversified

8. Warehouses De Pauw NV

Company Profile: Warehouses De Pauw NV
Market Cap (USD): $6.80 B
Country: Belgium
Sector: Belgian Real Estate
Industry: Belgian REIT—Industrial

9. Umicore SA

Company Profile: Umicore SA
Market Cap (USD): $6.64 B
Country: Belgium
Sector: Belgian Industrials
Industry: Belgian Pollution & Treatment Controls

10. Etn. Fr. Colruyt NV

Company Profile: Etn. Fr. Colruyt NV
Market Cap (USD): $5.78 B
Country: Belgium
Sector: Belgian Consumer Staples
Industry: Belgian Grocery Stores

11. Ackermans & Van Haaren NV

Company Profile: Ackermans & Van Haaren NV
Market Cap (USD): $5.75 B
Country: Belgium
Sector: Belgian Industrials
Industry: Belgian Engineering & Construction

12. Melexis NV

Company Profile: Melexis NV
Market Cap (USD): $3.76 B
Country: Belgium
Sector: Belgian Technology
Industry: Belgian Semiconductors

13. KBC Ancora SCA

Company Profile: KBC Ancora SCA
Market Cap (USD): $3.68 B
Country: Belgium
Sector: Belgian Financials
Industry: Belgian Asset Management

14. Financière de Tubize SA

Company Profile: Financière de Tubize SA
Market Cap (USD): $3.68 B
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Biotechnology

15. Euronav NV

Company Profile: Euronav NV
Market Cap (USD): $3.57 B
Country: Belgium
Sector: Belgian Energy
Industry: Belgian Oil & Gas Midstream

16. Aedifica SA

Company Profile: Aedifica SA
Market Cap (USD): $3.27 B
Country: Belgium
Sector: Belgian Real Estate
Industry: Belgian REIT—Healthcare Facilities

17. Solvay SA

Company Profile: Solvay SA
Market Cap (USD): $3.22 B
Country: Belgium
Sector: Belgian Basic Materials
Industry: Belgian Chemicals

18. Proximus PLC

Company Profile: Proximus PLC
Market Cap (USD): $3.19 B
Country: Belgium
Sector: Belgian Communication Services
Industry: Belgian Telecom Services

19. VGP NV

Company Profile: VGP NV
Market Cap (USD): $3.00 B
Country: Belgium
Sector: Belgian Real Estate
Industry: Belgian Real Estate Services

20. Cofinimmo SA

Company Profile: Cofinimmo SA
Market Cap (USD): $2.82 B
Country: Belgium
Sector: Belgian Real Estate
Industry: Belgian REIT—Diversified

21. Galapagos NV

Company Profile: Galapagos NV
Market Cap (USD): $2.77 B
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Biotechnology

22. NV Bekaert SA

Company Profile: NV Bekaert SA
Market Cap (USD): $2.58 B
Country: Belgium
Sector: Belgian Industrials
Industry: Belgian Metal Fabrication

23. Telenet Group Holding NV

Company Profile: Telenet Group Holding NV
Market Cap (USD): $2.43 B (July 1, 2023)
Country: Belgium
Sector: Belgian Communication Services
Industry: Belgian Telecom Services

24. Home Invest Belgium SA

Company Profile: Home Invest Belgium SA
Market Cap (USD): $1.98 B (July 1, 2022)
Country: Belgium
Sector: Belgian Real Estate
Industry: Belgian REIT—Residential

25. Tessenderlo Group NV

Company Profile: Tessenderlo Group NV
Market Cap (USD): $1.96 B
Country: Belgium
Sector: Belgian Basic Materials
Industry: Belgian Agricultural Inputs

26. Montea C.V.A

Company Profile: Montea C.V.A
Market Cap (USD): $1.85 B
Country: Belgium
Sector: Belgian Real Estate
Industry: Belgian REIT—Industrial

27. Viohalco SA

Company Profile: Viohalco SA
Market Cap (USD): $1.66 B
Country: Belgium
Sector: Belgian Industrials
Industry: Belgian Metal Fabrication

28. Barco NV

Company Profile: Barco NV
Market Cap (USD): $1.57 B
Country: Belgium
Sector: Belgian Technology
Industry: Belgian Electronic Components

29. Befimmo SA

Company Profile: Befimmo SA
Market Cap (USD): $1.36 B (Jan. 1, 2023)
Country: Belgium
Sector: Belgian Real Estate
Industry: Belgian REIT—Office

30. X-FAB Silicon Foundries SE

Company Profile: X-FAB Silicon Foundries SE
Market Cap (USD): $1.36 B
Country: Belgium
Sector: Belgian Technology
Industry: Belgian Semiconductors