Largest Companies in Belgium by Market Value in 2025

Rank	Name	Market Cap	Price	Change (%)
1	Anheuser-Busch Inbev BUD	135.09 B	68.65	1.55%
2	KBC Group NV EBR-KBC	39.04 B	99.41	0.98%
3	UCB SA EBR-UCB	34.16 B	179.10	0.38%
4	ageas SA/NV EBR-AGS	12.32 B	64.37	0.44%
5	Elia Group SA/NV EBR-ELI	11.29 B	105.33	1.74%
6	D'Ieteren Group SA EBR-DIE	10.96 B	207.29	1.1%
7	Sofina Société Anonyme EBR-SOF	9.28 B	280.21	0.24%
8	Ackermans & Van Haaren NV EBR-ACKB	8.40 B	259.73	0.96%
9	Lotus Bakeries NV EBR-LOTB	8.05 B	9,846.81	0.23%
10	Syensqo SA/NV EBR-SYENS	7.36 B	71.57	0.97%
11	Financière de Tubize SA EBR-TUB	6.29 B	139.32	0.16%
12	Colruyt Group N.V. EBR-COLR	5.49 B	44.07	0.98%
13	KBC Ancora SA EBR-KBCA	5.49 B	71.46	0.32%
14	Warehouses De Pauw SA EBR-WDP	5.37 B	23.59	0.76%
15	Azelis Group NV EBR-AZE	4.07 B	16.49	1.28%
16	DEME Group NV EBR-DEME	3.98 B	162.73	3.29%
17	Shurgard Self Storage Ltd EBR-SHUR	3.89 B	40.12	1.57%
18	Aedifica NV/SA EBR-AED	3.49 B	73.88	0.69%
19	Solvay SA EBR-SOLB	3.44 B	32.91	2.53%
20	Cofinimmo SA EBR-COFB	3.18 B	84.57	1.35%
21	Melexis NV EBR-MELE	2.68 B	63.98	0.35%
22	Titan America SA TTAM	2.61 B	14.15	0.28%
23	Proximus PLC EBR-PROX	2.59 B	8.14	1.26%
24	VGP NV EBR-VGP	2.53 B	92.95	0.24%
25	Umicore SA EBR-UMI	2.31 B	9.62	1.97%
26	Cenergy Holdings SA ATH-CENER	2.20 B	10.34	0.43%
27	Solvac S.A. EBR-SOLV	2.14 B	99.93	0.91%
28	NV Bekaert SA EBR-BEKB	1.97 B	38.49	0.15%
29	Galapagos NV GLPG	1.83 B	27.91	0.58%
30	Cmb.Tech NV CMBT	1.82 B	9.52	0.11%
31	Gimv NV EBR-GIMB	1.75 B	49.23	0.34%
32	Tessenderlo Group NV EBR-TESB	1.73 B	28.81	0.58%
33	Fagron NV EBR-FAGR	1.72 B	23.41	0.72%
34	Montea Comm. VA EBR-MONT	1.70 B	74.27	0.3%
35	Viohalco S.A. ATH-VIO	1.70 B	6.53	0%
36	Fluxys Belgium SA LON-0Q7U	1.60 B	27.44	0%
37	Xior Student Housing NV EBR-XIOR	1.51 B	33.03	0.34%
38	Barco NV EBR-BAR	1.29 B	14.57	0.61%
39	Orange Belgium S.A. EBR-OBEL	1.20 B	17.84	0.31%
40	Retail Estates N.V. EBR-RET	1.09 B	74.50	0.15%
41	Kinepolis Group NV EBR-KIN	946.69 M	35.39	0.63%
42	Spadel SA EBR-SPA	934.12 M	225.07	0%
43	X-FAB Silicon Foundries SE EPA-XFAB	779.14 M	6.01	0.75%
44	Exmar NV EBR-EXM	746.00 M	13.01	0.35%
45	Sipef NV EBR-SIP	740.90 M	71.57	0.63%
46	Floridienne S.A. EBR-FLOB	710.97 M	725.85	3.2%
47	Recticel SA/NV EBR-RECT	703.57 M	12.47	1.42%
48	Ontex Group NV EBR-ONTEX	681.86 M	8.51	0.92%
49	Vastned EBR-VASTB	663.86 M	34.32	0.66%
50	Care Property Invest NV LON-0R6H	567.44 M	17.36	1.96%

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