Ranking · East Flanders

The largest companies in East Flanders

82,679 companies in East Flanders have filed annual accounts. Here are the 50 largest by total assets: Fluvius System Operator leads with €10.2bn (financial year 2025).

Top 50 · East Flanders

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Fluvius System Operator 9090 Merelbeke-Melle €10.2bn €2.90bn €993.8m 5,326.3 2025
2 Barry Callebaut Services 9280 Lebbeke €7.60bn €136.1m €1.35bn 69.4 2025
3 argenx 9052 Ghent €7.01bn €3.80bn €5.71bn 510.9 2025
4 Samsonite Belgium Holdings 9700 Oudenaarde €4.37bn — €4.09bn — 2025
5 Farys 9000 Ghent €3.81bn €576.9m €2.04bn 974.0 2025
6 Fluvius Imewo 9090 Merelbeke-Melle €3.07bn €544.9m €772.5m — 2025
7 Ontex Group 9320 Aalst €2.82bn — €1.68bn 60.9 2025
8 United Petfood Holdco 9042 Ghent €2.71bn 782,346 € €1.91bn — 2025
9 Jan De Nul 9308 Aalst €2.66bn €1.73bn €1.42bn 1,840.7 2025
10 Barry Callebaut Belgium NV 9280 Lebbeke €2.63bn €6.57bn €246.6m 1,016.6 2025
11 Vandemoortele 9000 Ghent €2.13bn €79.2m €217.8m 158.0 2025
12 team.blue 9042 Ghent €1.94bn €51.6m €606.9m 35.9 2025
13 Perrigo Europe Invest 9050 Ghent €1.71bn — €1.68bn — 2025
14 Perrigo Holding 9050 Ghent €1.62bn €48.4m €1.51bn 37.7 2025
15 United Petfood Finance 9042 Ghent €1.61bn 420,927 € −€2.25m — 2025
16 Volvo Car Belgium NV 9000 Ghent €1.58bn €6.25bn €220.1m 5,497.2 2025
17 Perrigo Capital 9050 Ghent €1.58bn €2.22m €565.9m 21.9 2025
18 Solutia Europe 9000 Ghent €1.58bn €436.0m €1.30bn 333.3 2025
19 Finco Utilitas 9140 Temse €1.56bn €11.2m 680,996 € 3.0 2025
20 Vamix 9000 Ghent €1.53bn €956.0m €250.9m 78.8 2025
21 Indaver Holding 9130 Beveren-Kruibeke-Zwijndrecht €1.48bn — €1.22bn 16.9 2025
22 Darling Ingredients Belgium Holding 9000 Ghent €1.47bn €17.4m €1.36bn 9.8 2026
23 Evara 9000 Ghent €1.30bn €443.2m €750.4m 7,600.9 2025
24 Fluvius Midden-Vlaanderen 9200 Dendermonde €1.29bn €242.7m €346.1m — 2025
25 Baltisse 9051 Ghent €1.27bn €2.59m €1.22bn 23.3 2025
26 Alychlo 9820 Merelbeke-Melle €1.20bn €2.02m €965.2m 5.6 2025
27 United Petfood Group 9042 Ghent €1.14bn €44.8m €942.1m — 2025
28 Ontex 9255 Buggenhout €1.14bn €1.51bn €360.1m 578.9 2025
29 VPK Group 9200 Dendermonde €956.3m — €719.4m 76.0 2025
30 Volvo Group Belgium 9041 Ghent €943.9m €4.17bn €123.5m 3,810.2 2025
31 Thuispunt Gent 9000 Ghent €926.3m €59.0m €199.3m 198.3 2025
32 Combell 9042 Ghent €886.8m €56.8m €509.0m 131.9 2025
33 Fiberklaar Midco 9051 Ghent €885.0m — €884.7m — 2025
34 Fiberklaar 9051 Ghent €831.8m €18.1m €742.8m 37.3 2025
35 Victaulic International BV 9810 Nazareth-De Pinte €831.0m €7.83m €827.7m 0.2 2025
36 Victaulic Europe BV 9810 Nazareth-De Pinte €812.3m €228.9m €784.5m 117.4 2025
37 La Lorraine Bakery Group 9400 Ninove €810.8m — €140.7m 3.9 2025
38 Lotus Bakeries 9971 Kaprijke €793.7m — €198.2m — 2025
39 Drylock Technologies 9240 Zele €774.0m €14.1m €633.7m 52.5 2025
40 Aldi Real Estate 9420 Erpe-Mere €764.6m €87.7m €735.7m 39.4 2025
41 Aldi Holding 9420 Erpe-Mere €751.2m €273.3m €179.4m 398.5 2025
42 Indaver 9130 Beveren-Kruibeke-Zwijndrecht €751.0m €330.6m €372.8m 579.7 2025
43 Vandemoortele Europe 9000 Ghent €727.9m €1.92bn €345.7m 162.4 2025
44 VM Invest 9240 Zele €715.5m €2.66m €508.6m 10.7 2025
45 Apollo Bidco 9031 Ghent €691.6m €6.30m €208.1m 11.0 2025
46 Azorg 9300 Aalst €691.2m €824.9m €273.3m 3,786.7 2025
47 Euroports Finco 2 9130 Beveren-Kruibeke-Zwijndrecht €682.1m — −€3.54m 3.1 2025
48 North Sea Port Flanders 9042 Ghent €652.2m €64.0m €610.0m 137.7 2025
49 TD SYNNEX Belgium 9300 Aalst €633.8m €1.90bn €49.3m 360.0 2025
50 Dimensa Woonmaatschappij 9000 Ghent €633.5m — €183.6m — 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.

Rankings by sector · East Flanders

The largest companies in each sector of the area by total assets; on the right, the number of companies ranked.

Frequently asked questions

What is the largest company in East Flanders?

By total assets, it is Fluvius System Operator (€10.2bn, financial year 2025).

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.

How many companies in East Flanders have filed annual accounts?

82,679 active companies are registered there and have filed at least one set of annual accounts.

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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 12 Nov 2026.