Ranking · East Flanders · NACE 68
Real estate activities: the largest companies in East Flanders
As of 14 Nov 2026, 6,689 companies in Real estate activities (NACE 68) in East Flanders publish total assets in recent accounts (financial years 2023 to 2026). The top 10 account for €5.54bn, out of €29.5bn for all of them; median total assets are 905,526 €. Alychlo leads with €1.20bn (financial year 2025).
Top 50 · Real estate activities · East Flanders
Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Alychlo 9820 Merelbeke-Melle | €1.20bn | €2.02m | €965.2m | 5.6 | 2025 |
| 2 | Thuispunt Gent 9000 Ghent | €926.3m | €59.0m | €199.3m | 198.3 | 2025 |
| 3 | Apollo Bidco 9031 Ghent | €691.6m | €6.30m | €208.1m | 11.0 | 2025 |
| 4 | Thermo Fisher Scientific Brussels 9820 Merelbeke-Melle | €520.7m | — | €520.5m | — | 2025 |
| 5 | Alides Real Estate Investment and Management 9000 Ghent | €461.6m | €80.4m | €272.7m | 33.8 | 2025 |
| 6 | Woonmaatschappij Dender-Zuid 9300 Aalst | €424.7m | €33.9m | €73.7m | 68.8 | 2025 |
| 7 | Apollo Midco 9031 Ghent | €381.8m | — | €327.6m | — | 2025 |
| 8 | Stadsontwikkeling Gent (sogent) 9000 Ghent | €330.0m | €13.1m | €204.8m | 58.7 | 2025 |
| 9 | Baltisse Real Estate 9051 Ghent | €329.6m | 652,233 € | €271.8m | — | 2025 |
| 10 | Woonmaatschappij Woonpunt Waas 9120 Beveren-Kruibeke-Zwijndrecht | €280.6m | €21.2m | €67.3m | 28.5 | 2025 |
| 11 | Alides Properties 9000 Ghent | €273.7m | €16.6m | €108.3m | 3.7 | 2025 |
| 12 | Hof ter Polder 9070 Destelbergen | €265.3m | — | €257.8m | 1.0 | 2025 |
| 13 | WoonST 9140 Temse | €264.8m | €20.7m | €57.0m | 63.0 | 2025 |
| 14 | stek92 9200 Dendermonde | €228.3m | €14.6m | €58.1m | 48.5 | 2025 |
| 15 | Service & Development Group Belgium 9051 Ghent | €204.9m | €12.8m | €95.5m | 2.6 | 2025 |
| 16 | De Thuisbouwer 9220 Hamme (Vl.) | €202.6m | €12.5m | €75.9m | 20.1 | 2025 |
| 17 | Martin Braun Belgium 9420 Erpe-Mere | €193.5m | €2.72m | €192.6m | 1.8 | 2025 |
| 18 | Flanders Investment Company 9451 Haaltert | €166.5m | €22.3m | €107.9m | 13.0 | 2025 |
| 19 | NGG 9320 Aalst | €165.7m | — | −€17.2m | 26.7 | 2025 |
| 20 | SPI.R0 9308 Aalst | €156.0m | — | 61,500 € | — | 2025 |
| 21 | Alinso 9052 Ghent | €144.8m | €11.1m | €44.6m | 8.8 | 2025 |
| 22 | Tuinwijk 9160 Lokeren | €141.4m | €9.75m | €39.8m | 22.1 | 2025 |
| 23 | Mylecke 9830 Sint-Martens-Latem | €139.5m | — | €69.5m | 4.4 | 2025 |
| 24 | Upgrade Estate Group 9051 Ghent | €131.1m | — | €54.7m | 41.0 | 2026 |
| 25 | Divani 9051 Ghent | €129.9m | 608,252 € | €71.1m | — | 2025 |
| 26 | De Bonte New Generation 9250 Waasmunster | €116.4m | 480,596 € | €73.3m | 5.9 | 2025 |
| 27 | License to Construct 9000 Ghent | €114.7m | €3.12m | €25.6m | 3.7 | 2024 |
| 28 | Upoffiz | Upliving Ghent – Loop5 9051 Ghent | €111.2m | — | €110.5m | — | 2025 |
| 29 | Woonpijler 9230 Wetteren | €105.0m | €7.08m | €12.2m | 17.4 | 2025 |
| 30 | Patridec 9830 Sint-Martens-Latem | €104.9m | — | €103.6m | — | 2026 |
| 31 | Domo Vastgoed 9052 Ghent | €102.4m | €7.60m | €43.3m | — | 2025 |
| 32 | Victoria Regina 9051 Ghent | €102.2m | — | €29.8m | — | 2025 |
| 33 | Aldea Group 9820 Merelbeke-Melle | €96.7m | €1.58m | €64.6m | 4.5 | 2025 |
| 34 | Green-Corner 9050 Ghent | €95.1m | — | €47.3m | 0.8 | 2025 |
| 35 | Straco Real Estate Development 9830 Sint-Martens-Latem | €92.3m | 693,291 € | €12.0m | 10.6 | 2025 |
| 36 | MG Projects Belgium 9000 Ghent | €92.1m | €74.3m | €14.7m | — | 2025 |
| 37 | Life Tree Estate 9830 Sint-Martens-Latem | €92.0m | — | €18.1m | — | 2025 |
| 38 | Bostoen Group 9051 Ghent | €86.3m | 679,326 € | €20.8m | 10.9 | 2025 |
| 39 | Alistar Group 9051 Ghent | €85.8m | — | €51.7m | — | 2025 |
| 40 | Build 4 U 9300 Aalst | €85.3m | — | €70.0m | — | 2025 |
| 41 | Sovanest 9831 Sint-Martens-Latem | €83.3m | — | €78.7m | 1.7 | 2025 |
| 42 | JANA 9111 Sint-Niklaas | €83.0m | — | €80.3m | 19.5 | 2025 |
| 43 | CFM 9051 Ghent | €81.3m | €1.14m | €71.2m | 2.0 | 2025 |
| 44 | Vekabo 9051 Ghent | €81.2m | €7.12m | €13.1m | 2.1 | 2025 |
| 45 | Intergemeentelijk Samenwerkingsverband van het Land van Waas 9100 Sint-Niklaas | €78.4m | €2.91m | €55.1m | 44.5 | 2025 |
| 46 | LEMA 9830 Sint-Martens-Latem | €78.0m | — | €62.5m | 3.5 | 2025 |
| 47 | Abies Grandis 9000 Ghent | €77.9m | — | €2.37m | — | 2025 |
| 48 | BEMO 9831 Sint-Martens-Latem | €77.8m | — | €71.5m | 4.1 | 2025 |
| 49 | Caaap 9051 Ghent | €76.3m | €52.4m | €17.1m | 15.1 | 2025 |
| 50 | Holding Biloba 9971 Kaprijke | €75.9m | — | €75.9m | — | 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.
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
Real estate activities across Belgium → All sectors · East Flanders →
Other sectors · East Flanders
- 01 Crop and animal production, hunting and related service activities1,004
- 02 Forestry and logging43
- 08 Other mining and quarrying13
- 10 Manufacture of food products795
- 11 Manufacture of beverages98
- 13 Manufacture of textiles175
- 14 Manufacture of wearing apparel79
- 15 Manufacture of leather and related products of other materials16
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials238
- 17 Manufacture of paper and paper products52
- 18 Printing and reproduction of recorded media325
- 20 Manufacture of chemicals and chemical products146
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations81
- 22 Manufacture of rubber and plastic products123
- 23 Manufacture of other non-metallic mineral products232
- 24 Manufacture of basic metals57
- 25 Manufacture of fabricated metal products, except machinery and equipment882
- 26 Manufacture of computer, electronic and optical products95
- 27 Manufacture of electrical equipment107
- 28 Manufacture of machinery and equipment n.e.c.255
- 29 Manufacture of motor vehicles, trailers and semi-trailers64
- 30 Manufacture of other transport equipment25
- 31 Manufacture of furniture228
- 32 Other manufacturing164
- 33 Repair, maintenance and installation of machinery and equipment520
- 35 Electricity, gas, steam and air conditioning supply131
- 36 Water collection, treatment and supply12
- 37 Sewerage32
- 38 Waste collection, recovery and disposal activities138
- 39 Remediation activities and other waste management service activities32
- 41 Construction of residential and non-residential buildings2,554
- 42 Civil engineering796
- 43 Specialised construction activities7,924
- 46 Wholesale trade4,896
- 47 Retail trade5,351
- 49 Land transport and transport via pipelines1,584
- 50 Water transport53
- 51 Air transport39
- 52 Warehousing, storage and support activities for transportation423
- 53 Postal and courier activities109
- 55 Accommodation382
- 56 Food and beverage service activities3,202
- 58 Publishing activities178
- 59 Motion picture, video and television programme production, sound recording and music publishing activities325
- 60 Programming, broadcasting, news agency and other content distribution activities35
- 61 Telecommunication49
- 62 Computer programming, consultancy and related activities4,086
- 63 Computing infrastructure, data processing, hosting and other information service activities515
- 64 Financial service activities, except insurance and pension funding4,362
- 65 Insurance, reinsurance and pension funding, except compulsory social security32
- 66 Activities auxiliary to financial services and insurance activities1,172
- 69 Legal and accounting activities2,828
- 70 Activities of head offices and management consultancy8,003
- 71 Architectural and engineering activities; technical testing and analysis2,350
- 72 Scientific research and development169
- 73 Activities of advertising, market research and public relations1,387
- 74 Other professional, scientific and technical activities737
- 75 Veterinary activities251
- 77 Rental and leasing activities493
- 78 Employment activities226
- 79 Travel agency, tour operator and other reservation service and related activities140
- 80 Investigation and security activities61
- 81 Services to buildings and landscape activities1,085
- 82 Office administrative, office support and other business support activities2,178
- 84 Public administration and defence; compulsory social security32
- 85 Education534
- 86 Human health activities5,697
- 87 Residential care activities133
- 88 Social work activities without accommodation184
- 90 Arts creation and performing arts activities461
- 91 Libraries, archives, museums and other cultural activities18
- 92 Gambling and betting activities33
- 93 Sports activities and amusement and recreation activities551
- 94 Activities of membership organisations107
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles637
- 96 Personal service activities847
Municipalities with the most companies in the sector · East Flanders
- 9000 Ghent784
- 9100 Sint-Niklaas (Nieuwkerken-Waas)232
- 9830 Sint-Martens-Latem230
- 9300 Aalst217
- 9051 Ghent (Afsnee, Sint-Denijs-Westrem)194
- 9800 Deinze (Astene, Bachte-Maria-Leerne, Gottem, …)179
- 9160 Lokeren (Daknam, Eksaarde)155
- 9250 Waasmunster144
- 9880 Aalter (Lotenhulle, Poeke)144
- 9120 Beveren-Kruibeke-Zwijndrecht (Haasdonk, Kallo, Melsele, …)142
- 9200 Dendermonde (Appels, Baasrode, Grembergen, …)142
- 9140 Temse (Elversele, Steendorp, Tielrode)141
Frequently asked questions
Which is the largest company in Real estate activities in East Flanders?
By total assets, it is Alychlo (€1.20bn, financial year 2025).
How many companies in Real estate activities in East Flanders are ranked?
6,689 out of 6,752 active companies in the sector with their registered office in the area: those whose latest accounts are less than 3 years old.
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.
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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 14 Nov 2026.