Ranking · Flanders · NACE 28
Manufacture of machinery and equipment n.e.c.: highest revenue in Flanders
As of 14 Nov 2026, 164 companies in Manufacture of machinery and equipment n.e.c. (NACE 28) in Flanders publish their revenue in recent accounts (financial years 2023 to 2026). The top 10 account for €9.04bn, out of €12.8bn for all of them; median revenue is €17.5m. Daikin Europe N.V. leads with €3.11bn (financial year 2026).
Top 50 · Manufacture of machinery and equipment n.e.c. · Flanders
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Daikin Europe N.V. 8400 Ostend | €2.53bn | €3.11bn | €1.24bn | 1,724.0 | 2026 |
| 2 | Atlas Copco Airpower 2610 Antwerp | €9.68bn | €2.31bn | €3.96bn | 3,520.5 | 2025 |
| 3 | CNH Industrial Belgium 8210 Zedelgem | €887.8m | €1.56bn | €556.4m | 3,222.1 | 2025 |
| 4 | TVH Parts 8790 Waregem | €1.43bn | €825.1m | €1.02bn | 1,647.9 | 2025 |
| 5 | Picanol 8900 Ypres | €210.8m | €300.9m | €148.8m | 620.7 | 2025 |
| 6 | ZF Wind Power Antwerpen 3920 Lommel | €534.3m | €262.6m | €410.0m | 791.3 | 2025 |
| 7 | Anglo Belgian Corporation 9000 Ghent | €276.3m | €186.3m | €179.6m | 360.4 | 2025 |
| 8 | Baltimore Aircoil International 2220 Heist-op-den-Berg | €75.1m | €164.5m | €13.9m | 323.5 | 2025 |
| 9 | LVD Company 8560 Wevelgem | €149.4m | €164.5m | €55.1m | 378.5 | 2025 |
| 10 | TOMRA Food (Belgium) 3001 Leuven | €143.0m | €159.5m | €8.86m | 181.1 | 2025 |
| 11 | Petersime 9870 Zulte | €96.7m | €138.9m | €23.5m | 227.1 | 2025 |
| 12 | Mayekawa Europe 1930 Zaventem | €102.0m | €107.2m | €76.1m | 85.9 | 2025 |
| 13 | AVR 8800 Roeselare | €77.7m | €104.2m | €44.6m | 239.6 | 2025 |
| 14 | Xeikon Manufacturing 2500 Lier | €80.3m | €102.0m | €33.6m | 191.1 | 2025 |
| 15 | Dewulf 8800 Roeselare | €85.0m | €101.6m | €26.9m | 194.3 | 2025 |
| 16 | Schindler 1620 Drogenbos | €142.0m | €92.2m | €37.5m | 453.1 | 2025 |
| 17 | GEA Process Engineering 1500 Halle | €193.0m | €86.2m | €11.0m | 239.9 | 2025 |
| 18 | Orona 8790 Waregem | €45.7m | €83.8m | €6.74m | 329.1 | 2025 |
| 19 | TK Home Solutions 9051 Ghent | €33.3m | €83.4m | €8.78m | 76.1 | 2025 |
| 20 | Vandewiele 8510 Kortrijk | €939.5m | €83.2m | €324.4m | 464.3 | 2025 |
| 21 | Dhollandia 9160 Lokeren | €63.1m | €74.1m | €51.1m | 10.8 | 2025 |
| 22 | John Bean Technologies 9100 Sint-Niklaas | €35.2m | €64.7m | €15.0m | 147.5 | 2025 |
| 23 | Pattyn Belgium 8000 Bruges | €51.3m | €61.6m | €21.2m | 229.2 | 2025 |
| 24 | Roxell 9990 Maldegem | €75.0m | €59.4m | €67.5m | 132.0 | 2025 |
| 25 | Hansen Industrial Transmissions 2650 Edegem | €53.4m | €58.1m | €36.2m | 239.2 | 2025 |
| 26 | Crosby Europe 2220 Heist-op-den-Berg | €55.7m | €58.0m | €31.0m | 81.0 | 2025 |
| 27 | OTIS 1702 Dilbeek | €122.3m | €57.7m | €19.1m | 239.0 | 2025 |
| 28 | Depoortere 8791 Waregem | €55.0m | €57.1m | €20.0m | 89.4 | 2025 |
| 29 | Bogaerts Greenhouse Logistics 2320 Hoogstraten | €30.6m | €52.6m | €11.6m | 82.6 | 2025 |
| 30 | Scott Automation 8540 Deerlijk | €34.3m | €52.3m | €7.42m | 99.3 | 2025 |
| 31 | Saint-Gobain PAM Belgium 3400 Landen | €19.4m | €51.7m | €10.7m | 30.3 | 2025 |
| 32 | SKT 8900 Ypres | €38.4m | €49.1m | €18.7m | 85.3 | 2025 |
| 33 | AZO 2050 Antwerp | €38.5m | €46.4m | €12.4m | 129.8 | 2025 |
| 34 | Evapco Europe 3700 Tongeren-Borgloon | €47.3m | €46.2m | €23.1m | 161.9 | 2025 |
| 35 | Fain Belgium 9810 Nazareth | €41.4m | €45.4m | €14.5m | 213.9 | 2025 |
| 36 | Phoenix Contact 1930 Zaventem | €16.8m | €45.3m | €9.84m | 59.6 | 2025 |
| 37 | Valvan 8930 Menen | €39.0m | €44.5m | €7.42m | 113.8 | 2025 |
| 38 | Calvet 1731 Asse | €16.8m | €44.3m | €5.15m | 26.5 | 2025 |
| 39 | AG-TEC 2610 Antwerp | €16.7m | €43.6m | €10.1m | 21.4 | 2025 |
| 40 | Izen Energy Systems 2460 Kasterlee | €24.0m | €43.5m | €10.6m | 57.3 | 2025 |
| 41 | Cofabel 9770 Kruisem | €30.5m | €38.9m | €1.59m | 69.6 | 2025 |
| 42 | IG Watteeuw International 8020 Oostkamp | €104.5m | €38.8m | €58.8m | 136.9 | 2025 |
| 43 | Marelec Food Technologies 8620 Nieuwpoort | €292.8m | €37.4m | €16.1m | 117.1 | 2025 |
| 44 | FAM 2550 Kontich | €32.3m | €37.2m | €19.0m | 42.9 | 2025 |
| 45 | Alfa Technical Installations 9160 Lokeren | €11.9m | €36.6m | €2.74m | 99.7 | 2024 |
| 46 | Narviflex 2440 Geel | €32.6m | €36.6m | €9.82m | 131.0 | 2025 |
| 47 | Newell Brands Belgium 9100 Sint-Niklaas | €82.9m | €34.8m | €72.6m | 155.6 | 2025 |
| 48 | Delta Engineering 9500 Geraardsbergen | €44.7m | €31.8m | €6.95m | 69.3 | 2025 |
| 49 | REM. B 2340 Beerse | €19.7m | €31.2m | €7.55m | 61.6 | 2025 |
| 50 | Alumac Construct 8501 Kortrijk | €13.2m | €30.8m | €5.04m | 37.2 | 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.
Manufacture of machinery and equipment n.e.c. across Belgium → All sectors · Flanders →
Other sectors · Flanders
- 01 Crop and animal production, hunting and related service activities202
- 08 Other mining and quarrying23
- 10 Manufacture of food products504
- 11 Manufacture of beverages47
- 13 Manufacture of textiles114
- 14 Manufacture of wearing apparel23
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials66
- 17 Manufacture of paper and paper products58
- 18 Printing and reproduction of recorded media75
- 20 Manufacture of chemicals and chemical products205
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations30
- 22 Manufacture of rubber and plastic products153
- 23 Manufacture of other non-metallic mineral products151
- 24 Manufacture of basic metals72
- 25 Manufacture of fabricated metal products, except machinery and equipment346
- 26 Manufacture of computer, electronic and optical products96
- 27 Manufacture of electrical equipment63
- 29 Manufacture of motor vehicles, trailers and semi-trailers58
- 30 Manufacture of other transport equipment22
- 31 Manufacture of furniture74
- 32 Other manufacturing73
- 33 Repair, maintenance and installation of machinery and equipment130
- 35 Electricity, gas, steam and air conditioning supply146
- 37 Sewerage18
- 38 Waste collection, recovery and disposal activities156
- 41 Construction of residential and non-residential buildings882
- 42 Civil engineering222
- 43 Specialised construction activities1,336
- 46 Wholesale trade2,897
- 47 Retail trade1,541
- 49 Land transport and transport via pipelines791
- 50 Water transport49
- 51 Air transport17
- 52 Warehousing, storage and support activities for transportation466
- 53 Postal and courier activities50
- 55 Accommodation104
- 56 Food and beverage service activities500
- 58 Publishing activities56
- 59 Motion picture, video and television programme production, sound recording and music publishing activities67
- 60 Programming, broadcasting, news agency and other content distribution activities10
- 61 Telecommunication45
- 62 Computer programming, consultancy and related activities1,005
- 63 Computing infrastructure, data processing, hosting and other information service activities57
- 64 Financial service activities, except insurance and pension funding1,456
- 66 Activities auxiliary to financial services and insurance activities150
- 68 Real estate activities1,139
- 69 Legal and accounting activities293
- 70 Activities of head offices and management consultancy1,101
- 71 Architectural and engineering activities; technical testing and analysis290
- 72 Scientific research and development43
- 73 Activities of advertising, market research and public relations207
- 74 Other professional, scientific and technical activities72
- 75 Veterinary activities20
- 77 Rental and leasing activities175
- 78 Employment activities135
- 79 Travel agency, tour operator and other reservation service and related activities43
- 80 Investigation and security activities25
- 81 Services to buildings and landscape activities260
- 82 Office administrative, office support and other business support activities336
- 84 Public administration and defence; compulsory social security24
- 85 Education463
- 86 Human health activities386
- 87 Residential care activities347
- 88 Social work activities without accommodation243
- 90 Arts creation and performing arts activities179
- 91 Libraries, archives, museums and other cultural activities19
- 93 Sports activities and amusement and recreation activities144
- 94 Activities of membership organisations109
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles183
- 96 Personal service activities210
Municipalities with the most companies in the sector · Flanders
- 8800 Roeselare (Beveren, Oekene, Rumbeke)26
- 2600 Antwerp (Berchem)21
- 8870 Izegem (Emelgem, Kachtem)18
- 2220 Heist-op-den-Berg (Hallaar)14
- 3600 Genk13
- 9100 Sint-Niklaas (Nieuwkerken-Waas)13
- 9160 Lokeren (Daknam, Eksaarde)13
- 2390 Malle (Oostmalle, Westmalle)12
- 2610 Antwerp (Wilrijk)12
- 3500 Hasselt (Sint-Lambrechts-Herk)12
- 8900 Ypres (Brielen, Dikkebus, Sint-Jan)12
- 2800 Mechelen (Walem)11
Frequently asked questions
Which company in Manufacture of machinery and equipment n.e.c. in Flanders has the highest revenue?
Daikin Europe N.V., with €3.11bn of published revenue (financial year 2026).
Why are some companies missing?
Small companies (micro and abridged accounts) do not have to publish their revenue: only the 164 that publish it, out of 1,147 companies in the sector in the area, are ranked.
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.