List of largest companies in Belgium

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This article lists the largest companies in Belgium in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes .

Contents

2023 Fortune list

This list displays all 12 Belgian companies in the Fortune Europe 500, which ranks the largest companies in Europe by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2022. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

RankNameIndustryRevenue
(USD millions)
Profits
(USD millions)
EmployeesHeadquarters
1 Anheuser-Busch InBev Beverages 57,7865,969166,632 Leuven
2 Umicore Mining 26,94659911,565Brussels
3 KBC Group Banking 18,7162,88539,288Brussels
4 Solvay S.A. Chemicals 16,9032,00421,820Brussels
5 Colruyt Group Retail 11,25720931,535 Halle
6 Ageas Insurance 10,9201,06314,673Brussels
7 Groupe Bruxelles Lambert Holding 9,465(615)60Brussels
8 Viohalco Mining7,34728019,762Brussels
9 Proximus Telecommunications 6,22047311,634Brussels
10 Bekaert Chemicals5,94428323,551 Zwevegem
11 UCB Pharmaceuticals 5,8034408,721Brussels
12 Belfius Banking5,6631,0256,343 Saint-Josse-ten-Noode

2024 Forbes list

This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2023. All 10 companies from Belgium are listed. [2]

RankForbes
2000 rank
NameHeadquartersRevenue
(billions
US$)
Profit
(billions
US$)
Assets
(billions
US$)
Value
(billions
US$)
Industry
188 Anheuser-Busch InBev Leuven59.45.3221.0138.1Beverages
2241 KBC Bank Brussels29.83.2388.230.0 Finance
3786 Ageas Brussels12.21.0106.19.4 Insurance
41337 Solvay S.A. Brussels9.92.17.53.9 Chemicals
51469 Colruyt Group Halle10.81.17.15.6 Retail
61626 D'Ieteren Brussels8.60.58.011.4 Automotive
71636 UCB Brussels5.70.417.225.7 Pharmaceuticals
81713 Umicore Brussels19.70.411.25.1 Mining
91974 Euronav Brussels1.11.23.74.0 Oil and Gas

See also

References

  1. "Fortune 500 Europe 2023". Fortune. Retrieved 2024-08-21.
  2. "The World's Largest Public Companies". Forbes. Retrieved 2019-07-25.