Ranking · Brussels

Highest published revenue in Brussels

9,074 companies in Brussels publish their revenue in recent accounts; here are the top 50. Toyota Motor Europe leads with €38.5bn (financial year 2026).

Top 50 · Brussels

Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).

#Company Total assetsRevenue EquityFTEYear
1 Toyota Motor Europe 1140 Evere €14.3bn €38.5bn €6.76bn 2,787.2 2026
2 TotalEnergies Petrochemicals & Refining 1000 Brussels €6.33bn €15.5bn €4.72bn 352.8 2025
3 Eurelec Trading 1040 Brussels €1.55bn €13.4bn €1.52m 39.2 2025
4 Electrabel 1000 Brussels €20.5bn €13.1bn €10.2bn 4,261.0 2025
5 TotalEnergies Marketing Belgium 1000 Brussels €852.2m €6.08bn €211.4m 508.7 2025
6 Scabel 1000 Brussels €600.5m €6.07bn €1.76m 37.5 2025
7 Umicore 1000 Brussels €6.26bn €5.43bn €2.10bn 3,209.0 2025
8 Arcelormittal Belgium 1000 Brussels €4.55bn €4.89bn €1.66bn 5,838.8 2025
9 UCB Pharma 1070 Anderlecht €20.7bn €4.62bn €16.2bn 1,960.6 2025
10 D'Ieteren Automotive SA/NV 1050 Ixelles €1.23bn €4.11bn €334.6m 832.1 2025
11 Proximus 1030 Schaerbeek €9.96bn €3.89bn €1.42bn 8,312.3 2025
12 Luminus 1210 Saint-Josse-ten-Noode €2.37bn €3.12bn €772.5m 1,181.2 2025
13 Société Nationale des Chemins de Fer Belges 1060 Saint-Gilles €13.1bn €2.62bn €8.05bn — 2025
14 HR Rail 1060 Saint-Gilles €549.4m €2.37bn €28.3m 27,811.0 2025
15 Mercedes-Benz Belgium Luxembourg 1200 Woluwe-Saint-Lambert €402.2m €2.20bn €59.3m 212.5 2025
16 bpost 1000 Brussels €4.27bn €2.19bn €657.6m 23,730.2 2025
17 Mercedes-Benz Financial Services Belux 1200 Woluwe-Saint-Lambert €1.44bn €2.09bn €82.0m 59.0 2025
18 UCB Biopharma 1070 Anderlecht €7.15bn €2.04bn €1.18bn 1,395.2 2025
19 Belgian Shell 1000 Brussels €317.5m €1.94bn €92.0m 172.7 2025
20 Stellantis Belux 1130 Brussels €778.5m €1.94bn €20.3m 237.5 2025
21 Stellantis e-Transmissions 1130 Brussels €858.2m €1.90bn €231.2m 562.8 2025
22 Inbev Belgium 1070 Anderlecht €10.5bn €1.67bn €2.26bn 2,835.3 2025
23 Orange Belgium 1140 Evere €3.71bn €1.67bn €864.1m 1,953.2 2025
24 Loterie Nationale 1040 Etterbeek €865.7m €1.67bn €236.9m 447.3 2025
25 Circle K Belgium 1160 Auderghem €363.7m €1.60bn €76.9m 132.8 2025
26 LEVI STRAUSS & co EUROPE 1050 Ixelles €1.47bn €1.59bn €827.8m 219.3 2025
27 Coca-Cola Europacific Partners Belgium 1070 Anderlecht €3.62bn €1.57bn €826.4m 1,966.3 2025
28 Elia Transmission Belgium 1000 Brussels €10.5bn €1.52bn €3.86bn 611.6 2025
29 Anheuser-Busch Inbev 1000 Brussels €121.9bn €1.43bn €81.3bn 227.7 2025
30 Infrabel 1060 Saint-Gilles €25.7bn €1.43bn €20.2bn — 2025
31 ZF CV Systems Europe 1170 Watermael-Boitsfort €1.72bn €1.42bn €636.4m 58.0 2025
32 KBC Global Services 1080 Molenbeek-Saint-Jean €839.9m €1.39bn €467.5m 5,737.3 2025
33 PHOENIX Pharma Belgium 1200 Woluwe-Saint-Lambert €235.4m €1.33bn €46.5m 496.7 2026
34 Société Européenne de Gestion de l'Energie 1000 Brussels €126.9m €1.32bn €16.7m 14.3 2025
35 Solvay Chemicals International 1120 Brussels €151.6m €1.31bn €89.2m 41.9 2025
36 Equans 1210 Saint-Josse-ten-Noode €969.1m €1.26bn €277.8m 4,823.5 2025
37 UCB Developed Brands 1070 Anderlecht €1.07bn €1.24bn €867.8m 20.7 2025
38 N.V. Besix S.A. 1200 Woluwe-Saint-Lambert €1.04bn €1.15bn €258.7m 808.8 2025
39 Elia Asset 1000 Brussels €7.19bn €963.7m €1.73bn 999.9 2025
40 THI Factory 1060 Saint-Gilles €671.7m €936.0m €425.9m 363.2 2025
41 International Trade 1000 Brussels €80.6m €933.7m €29.8m 2.7 2025
42 Alcodis 1170 Watermael-Boitsfort €99.0m €905.3m €38.7m 6.1 2025
43 Vlaams Energiebedrijf 1000 Brussels €120.0m €847.0m €50.5m 103.9 2025
44 Vlaamse Maatschappij voor Watervoorziening 1030 Schaerbeek €2.25bn €838.3m €1.26bn 1,594.8 2024
45 Ford Motor Company (Belgium) 1082 Berchem-Sainte-Agathe €307.7m €831.6m €14.1m 54.2 2025
46 Cliniques universitaires Saint-Luc 1200 Woluwe-Saint-Lambert €593.7m €813.4m €195.4m 4,870.2 2024
47 Centre Hospitalier Interrégional Edith Cavell - Les Hôpitaux de Braine-l'Alleud - Waterloo, de Delta et de Sainte-Anne Saint-Remi; les Cliniques de la Basilique et Edith Cavell, les Centres... 1160 Auderghem €874.8m €803.9m €457.6m 3,325.0 2025
48 Alpha Credit 1000 Brussels €11.9bn €780.1m €94.9m 455.0 2025
49 Belgacom International Carrier Services 1030 Schaerbeek €662.4m €763.6m €204.7m 331.1 2025
50 Fluxys Belgium 1040 Brussels €2.27bn €722.2m €399.7m 918.5 2025

Ranking based on each company's own annual accounts (statutory, not consolidated): a subsidiary and its parent appear separately, and the ranking differs from lists based on consolidated group accounts. These are the revenue figures published in the annual accounts. Small companies (micro and abridged accounts) do not have to publish theirs: they do not appear in this ranking.

Frequently asked questions

Which company in Brussels has the highest revenue?

Toyota Motor Europe, with €38.5bn in published revenue (financial year 2026).

Why does this ranking differ from other lists?

It uses each company's annual accounts as filed with the National Bank, not consolidated group accounts. A holding, a subsidiary or a purchasing entity can therefore appear separately. Only companies whose latest accounts are less than 3 years old are ranked.

Why are some companies missing?

Small companies (micro and abridged accounts) do not have to publish their revenue: only the 9,074 that publish it are ranked.

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 11 Nov 2026.