Largest companies in Belgium by market cap

99 companies from Belgium ranked by market cap, together worth $426.96B. The largest is Anheuser-Busch InBev SA/NV at $148.28B.

Rank	Name	Market cap	Price	Today	World rank
#1	Anheuser-Busch InBev SA/NV #1 ABI	$148.28B	$84.75	+0.43%	#132
#2	UCB S.A. #2 UCB	$63.94B	$335.33	+3.41%	#380
#3	Ageas SA/NV #3 AGS	$18.44B	$88.15	+2.04%	#1211
#4	Elia Group SA/NV #4 ELI	$16.57B	$151.84	+1.65%	#1341
#5	Lotus Bakeries N.V. #5 LOTB	$12.88B	$15,846.47	+1.10%	#1663
#6	Financière de Tubize S.A. #6 TUB	$12.29B	$276.08	+3.19%	#1726
#7	Sofina S.A. #7 SOF	$10.72B	$303.46	+1.73%	#1926
#8	D'Ieteren Group S.A. #8 DIE	$10.71B	$203.69	+2.31%	#1928
#9	Groupe Bruxelles Lambert S.A. #9 GBLB	$10.69B	$89.45	+1.50%	#1930
#10	Ackermans & Van Haaren N.V. #10 ACKB	$9.93B	$303.91	+1.72%	#2026
#11	Syensqo SA/NV #11 SYENS	$8.85B	$86.81	+1.53%	#2197
#12	KBC Ancora SCA #12 KBCA	$8.36B	$108.52	+3.34%	#2290
#13	Aedifica S.A. #13 AED	$6.14B	$73.56	+0.52%	#2897
#14	Warehouses De Pauw #14 WDP	$5.78B	$22.00	+1.71%	#3024
#15	Cenergy Holdings S.A. #15 CENER	$5.22B	$24.58	+4.19%	#3226
#16	Umicore S.A. #16 UMI	$5.11B	$21.22	+3.07%	#3280
#17	Cmb.Tech N.V. #17 CMBT	$4.90B	$16.90	+1.62%	#3376
#18	Colruyt Group N.V. #18 COLR	$4.90B	$41.12	+0.78%	#3377
#19	DEME Group N.V. #19 DEME	$4.71B	$186.97	+2.14%	#3470
#20	Viohalco S.A. #20 VIO	$4.39B	$16.95	+2.16%	#3657
#21	Titan Cement International S.A. #21 TITC	$3.87B	$51.78	+2.00%	#3956
#22	Azelis Group N.V. #22 AZE	$3.22B	$13.22	+0.93%	#4452
#23	Solvay S.A. #23 SOLB	$2.87B	$27.45	+1.09%	#4777
#24	Melexis N.V. #24 MELE	$2.40B	$61.05	+2.56%	#5322
#25	Proximus PLC #25 PROX	$2.29B	$7.09	+0.43%	#5473
#26	Vgp N.V. #26 VGP	$2.25B	$74.29	+1.75%	#5522
#27	N.V. Bekaert S.A. #27 BEKB	$2.17B	$45.56	+2.18%	#5649
#28	Titan America S.A. #28 TTAM	$2.15B	$11.64	+3.37%	#5685
#29	Solvac S.A. #29 SOLV	$2.11B	$98.76	+3.01%	#5736
#30	Gimv N.V. #30 GIMB	$2.06B	$55.89	+1.59%	#5802
#31	Fagron N.V. #31 FAGR	$2.03B	$27.66	+2.54%	#5841
#32	Montea Comm. VA #32 MONT	$1.82B	$78.11	+0.96%	#6255
#33	Orange Belgium S.A. #33 OBEL	$1.68B	$24.91	+0.67%	#6563
#34	Fluxys Belgium S.A. #34 FLUX	$1.62B	$23.12	-0.77%	#6690
#35	Spadel S.a. #35 SPA	$1.62B	$390.55	+3.04%	#6698
#36	Kinepolis Group N.V. #36 KIN	$1.51B	$56.45	+2.61%	#6983
#37	Xior Student Housing N.V. #37 XIOR	$1.34B	$28.67	+0.87%	#7464
#38	Sipef N.V. #38 SIP	$1.26B	$120.31	-1.17%	#7710
#39	Tessenderlo Group N.V. #39 TESB	$1.16B	$19.59	-0.24%	#8062
#40	Retail Estates N.V. #40 RET	$1.06B	$70.59	-0.28%	#8417
#41	Exmar N.V. #41 EXM	$822.70M	$12.68	+2.03%	#9589
#42	Recticel SA/NV #42 RECT	$800.86M	$14.07	+2.14%	#9728
#43	Jensen-Group N.V. #43 JEN	$776.39M	$84.62	+2.03%	#9873
#44	X-FAB Silicon Foundries SE #44 0ROZ	$741.09M	$5.67	+4.88%	#10120
#45	Care Property Invest S.A. #45 CPINV	$607.25M	$14.37	+1.62%	#11105
#46	Floridienne S.A. #46 FLOB	$598.64M	$61.16	-1.14%	#11162
#47	TINC N.V. #47 TINC	$569.16M	$11.74	+1.25%	#11391
#48	Barco N.V. #48 BAR	$537.64M	$7.02	+0.43%	#11700
#49	Ion Beam Applications S.A. #49 IBAB	$524.23M	$17.98	-1.42%	#11843
#50	Nextensa NV/SA #50 NEXTA	$521.72M	$51.62	+0.76%	#11859
#51	Compagnie du Bois Sauvage S.A. #51 COMB	$505.54M	$315.36	+1.76%	#12035
#52	Vastned Belgium #52 VASTB	$499.09M	$30.53	+0.12%	#12095
#53	Van de Velde N.V. #53 VAN	$412.96M	$33.11	+1.01%	#13130
#54	Ascencio S.A. #54 ASCE	$411.62M	$59.59	+1.05%	#13148
#55	Home Invest Belgium S.A. #55 HOMI	$402.68M	$20.22	+0.67%	#13261
#56	Materialise N.V. #56 MTLS	$396.57M	$6.88	+1.93%	#13336
#57	Deceuninck N.V. #57 DECB	$376.99M	$2.70	+0.05%	#13613
#58	AgomAb Therapeutics N.V. American Depositary Shares #58 AGMB	$371.82M	$7.55	-1.11%	#13672
#59	Campine N.V. #59 CAMB	$302.17M	$201.45	+0.11%	#14768
#60	Compagnie d'Entreprises CFE S.A. #60 CFEB	$300.60M	$12.18	+0.21%	#14791
#61	Moury Construct S.A. #61 MOUR	$300.30M	$760.90	+1.87%	#14798
#62	EVS Broadcast Equipment S.A. #62 EVS	$273.05M	$20.38	+1.57%	#15262
#63	Econocom Group SE #63 ECONB	$256.24M	$1.70	-0.96%	#15545
#64	Immobel S.A. #64 IMMO	$206.61M	$20.20	+5.05%	#16504
#65	Bpost NV/SA #65 BPOST	$196.62M	$0.98310984	-0.35%	#16723
#66	S.A. Commerciale de Brasserie Co.Br.Ha #66 COBH	$185.17M	$2,469.00	+3.39%	#16995
#67	Roularta Media Group N.V. #67 ROU	$159.22M	$12.85	-0.56%	#17687
#68	Texaf S.A. #68 TEXF	$158.83M	$43.32	+7.94%	#17697
#69	Qrf Comm. VA #69 QRF	$157.54M	$12.12	+1.14%	#17725
#70	Warehouses Estates Belgium SCA #70 WEB	$148.60M	$42.42	+2.30%	#17972
#71	Ontex Group N.V. #71 ONTEX	$136.64M	$1.71	+1.88%	#18330
#72	Inclusio S.A. #72 INCLU	$134.67M	$17.28	+1.33%	#18395
#73	Hyloris Pharmaceuticals S.A. #73 HYL	$133.55M	$4.77	+22.60%	#18438
#74	Biotalys N.V. #74 BTLS	$104.05M	$2.29	+2.79%	#19518
#75	Miko N.V. #75 MIKO	$102.45M	$82.49	-0.01%	#19571
#76	Nyxoah S.A. #76 NYXH	$91.04M	$0.894	+5.72%	#20087
#77	Agfa-Gevaert N.V. #77 AGFB	$68.98M	$0.44554179	+2.35%	#21355
#78	Atenor S.A. #78 ATEB	$61.60M	$1.01	+1.12%	#21859
#79	Ekopak N.V. #79 EKOP	$51.86M	$2.96	+5.05%	#22593
#80	Banimmo S.A. #80 BANI	$38.13M	$3.39	+1.34%	#23857
#81	Accentis N.V. #81 ACCB	$36.85M	$0.02917906	-1.23%	#24004
#82	Banqup Group #82 BANQ	$34.35M	$0.92475172	-2.41%	#24285
#83	ABO-Group Environment N.V. #83 ABO	$29.18M	$2.76	+1.50%	#24980
#84	Palmboomen Cultuur Maatschappij Mopoli (Palmeraies De Mopoli) N.V. #84 MOP	$25.51M	$269.35	+0.01%	#25509
#85	European Medical Solutions #85 ALEMS	$16.15M	$3.82	-2.98%	#27217
#86	Immo Moury SCA #86 IMMOU	$15.14M	$32.77	-3.30%	#27432
#87	Belysse Group N.V. #87 BELYS	$14.12M	$0.39279503	+0.67%	#27661
#88	Celyad Oncology S.A. #88 CYAD	$9.55M	$0.20200887	+1.80%	#28892
#89	Option N.V. #89 OPTI	$8.61M	$4.31	+18.22%	#29200
#90	Fountain S.A. #90 FOU	$6.71M	$1.12	-3.03%	#29859
#91	Invibes Advertising N.V. #91 ALINV	$6.66M	$1.46	-3.79%	#29877
#92	Nyrstar N.V. #92 NYR	$5.67M	$0.05162449	-7.38%	#30223
#93	Coil S.A./N.V. #93 ALCOI	$3.72M	$1.34	+0.67%	#31116
#94	Softimat S.A. #94 SOFT	$3.18M	$0.86414906	-0.09%	#31407
#95	Bonyf N.V. #95 MLBON	$1.25M	$2.13	+0.31%	#32736
#96	Whitestone Group #96 ROCK	$456.11K	$21.12	-0.04%	#33537
#97	Oxurion N.V. #97 OXUR	$208.30K	$0.00089782	+0.67%	#33819
#98	Remedent, Inc. #98 REMI	$16.00K	$0.0008	+0.00%	#34480
#99	Excellerant, Inc. #99 EXCL	$1.13K	$0.0002	+0.00%	#35093

Stock data: Financial Modeling Prep·Updated Nov 10, 2026·Not investment advice·How we calculate this

Questions about companies in Belgium

What is the largest company in Belgium?

The largest company in Belgium by market cap is Anheuser-Busch InBev SA/NV (ABI), worth $148.28B.

Which are the three largest companies in Belgium?

By market cap, the three largest companies in Belgium are Anheuser-Busch InBev SA/NV (ABI, $148.28B), UCB S.A. (UCB, $63.94B) and Ageas SA/NV (AGS, $18.44B).

How many companies from Belgium does MarketCapOf rank?

MarketCapOf ranks 99 companies from Belgium by market cap, 100 per page.

What is the total market cap of the companies in Belgium?

Together, the 99 companies from Belgium on MarketCapOf are worth $426.96B. That puts Belgium at #30 of the 64 countries ranked by the combined value of their companies.