Ranking · Flanders · NACE 29
Manufacture of motor vehicles, trailers and semi-trailers: highest revenue in Flanders
As of 14 Nov 2026, 58 companies in Manufacture of motor vehicles, trailers and semi-trailers (NACE 29) in Flanders publish their revenue in recent accounts (financial years 2023 to 2026). The top 10 account for €12.9bn, out of €14.4bn for all of them; median revenue is €25.8m. Volvo Car Belgium NV leads with €6.25bn (financial year 2025).
Top 50 · Manufacture of motor vehicles, trailers and semi-trailers · Flanders
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Volvo Car Belgium NV 9000 Ghent | €1.58bn | €6.25bn | €220.1m | 5,497.2 | 2025 |
| 2 | Volvo Group Belgium 9041 Ghent | €943.9m | €4.17bn | €123.5m | 3,810.2 | 2025 |
| 3 | DAF Trucks Vlaanderen 2260 Westerlo | €491.7m | €1.03bn | €366.5m | 1,914.9 | 2025 |
| 4 | Federal-Mogul Global Aftermarket EMEA 2550 Kontich | €257.0m | €458.8m | €47.4m | 64.9 | 2025 |
| 5 | Adient Belgium 9960 Assenede | €78.1m | €235.6m | €11.7m | 547.0 | 2025 |
| 6 | Plastic Omnium Auto Inergy Belgium 2200 Herentals | €62.9m | €180.5m | €16.4m | 219.1 | 2025 |
| 7 | VDL Bus Koningshooikt 2500 Lier | €47.1m | €171.7m | €4.78m | 183.3 | 2025 |
| 8 | Tenneco Automotive Europe 3800 Sint-Truiden | €173.6m | €135.4m | €69.0m | 784.9 | 2025 |
| 9 | VDL Bus Roeselare 8800 Roeselare | €127.1m | €121.0m | €27.0m | 384.7 | 2025 |
| 10 | Dumarey Mechelen 2800 Mechelen | €65.4m | €120.9m | €39.9m | — | 2025 |
| 11 | Plastic Omnium Automotive Belgium 1600 Sint-Pieters-Leeuw | €28.2m | €112.0m | €3.18m | 90.3 | 2023 |
| 12 | Robert Bosch Produktie 3300 Tienen | €63.5m | €111.0m | €26.9m | 490.6 | 2025 |
| 13 | VCST International 3800 Sint-Truiden | €142.7m | €82.2m | €25.8m | 206.2 | 2025 |
| 14 | MOL CY 8840 Staden | €43.4m | €81.2m | €15.9m | 299.8 | 2025 |
| 15 | LAG Trailers 3960 Bree | €49.0m | €81.1m | €27.2m | 315.1 | 2025 |
| 16 | Plasman Plastics 9042 Ghent | €67.3m | €78.9m | €30.9m | 350.2 | 2024 |
| 17 | Benteler Automotive Belgium 9042 Ghent | €28.2m | €74.1m | €13.7m | 48.4 | 2025 |
| 18 | Isringhausen 9160 Lokeren | €26.9m | €69.6m | €13.9m | 143.2 | 2025 |
| 19 | Isuzu Motors Europe 2630 Aartselaar | €63.1m | €66.0m | €41.6m | 47.7 | 2026 |
| 20 | Brose Gent 9042 Ghent | €29.3m | €64.0m | €10.4m | 71.0 | 2025 |
| 21 | GRW Industrial Vehicles 2500 Lier | €37.7m | €62.4m | €4.56m | 237.2 | 2026 |
| 22 | VDL Parts Belgium 2500 Lier | €24.2m | €54.5m | €1.20m | 20.8 | 2025 |
| 23 | Konstruktiewerkhuizen Stas 8790 Waregem | €26.7m | €51.9m | €7.27m | 156.9 | 2025 |
| 24 | Steels Constructions 8750 Wingene | €39.5m | €51.8m | €4.41m | 10.4 | 2025 |
| 25 | Kautex Textron Benelux 3980 Tessenderlo-Ham | €297.6m | €49.7m | €282.5m | 113.7 | 2025 |
| 26 | G.D.W. 8790 Waregem | €29.8m | €35.2m | €18.0m | 99.8 | 2025 |
| 27 | VBG Group Truck Equipment 3580 Beringen | €6.96m | €33.1m | €5.33m | 21.2 | 2025 |
| 28 | Smappee 8530 Harelbeke | €28.6m | €31.1m | €14.6m | 95.5 | 2025 |
| 29 | A & D Trucks & Trailers. Opbouw 8850 Ardooie | €18.1m | €26.4m | €13.6m | 5.6 | 2026 |
| 30 | Punch Powertrain 3800 Sint-Truiden | €295.2m | €25.3m | €9.05m | 51.3 | 2025 |
| 31 | Röchling Automotive Gijzegem 9308 Aalst | €25.0m | €20.5m | €13.9m | 117.9 | 2025 |
| 32 | M. Vandenabeele 8770 Ingelmunster | €13.8m | €19.0m | €10.1m | 57.4 | 2025 |
| 33 | Carrosserie Matthys 9031 Ghent | €10.8m | €18.9m | €6.75m | 22.0 | 2026 |
| 34 | MCSyncro 9042 Ghent | €14.4m | €18.4m | €7.54m | 82.7 | 2025 |
| 35 | CMA CGM Inland Services Belgium 2040 Antwerp | €7.69m | €17.7m | 947,888 € | 78.0 | 2025 |
| 36 | Carrier Transicold Belgium 2160 Wommelgem | €8.86m | €17.5m | €3.76m | 36.2 | 2025 |
| 37 | Punch Metals 3930 Hamont-Achel | €18.3m | €17.2m | €9.00m | 108.1 | 2025 |
| 38 | Fire Technics 8400 Ostend | €22.5m | €16.7m | €4.39m | 22.8 | 2025 |
| 39 | ZF CV Distribution Belgium 1702 Dilbeek | €7.75m | €15.6m | €6.18m | 7.5 | 2025 |
| 40 | Alvan 8000 Bruges | €7.05m | €15.1m | €4.80m | 31.4 | 2025 |
| 41 | Constructie Bedrijf Zutendaal 3690 Zutendaal | €15.4m | €14.7m | €6.22m | 33.6 | 2025 |
| 42 | TheTruckCompany Construction & Service 8830 Hooglede | €10.1m | €13.2m | €3.71m | 49.9 | 2025 |
| 43 | eNovates 9160 Lokeren | €16.7m | €12.9m | €1.48m | 31.4 | 2024 |
| 44 | DC-Afam 9810 Nazareth-De Pinte | €8.39m | €11.8m | €3.53m | 16.6 | 2025 |
| 45 | Veth Automotive Belgium 3600 Genk | €4.86m | €11.0m | €1.84m | 41.8 | 2025 |
| 46 | Snop Automotive Gent 9042 Ghent | €26.4m | €9.91m | −€1.77m | 118.3 | 2025 |
| 47 | Rhenus Automotive Logistics 3600 Genk | €7.09m | €9.67m | €4.92m | 85.1 | 2025 |
| 48 | B.W. Trailers 2570 Duffel | €5.97m | €9.28m | €4.12m | 13.0 | 2025 |
| 49 | Dumarey Group NV 9810 Nazareth-De Pinte | €516.9m | €9.05m | €504.1m | 1.0 | 2025 |
| 50 | Revisiebedrijf Claes & Zonen 3800 Sint-Truiden | €2.29m | €4.97m | 802,755 € | 17.0 | 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 motor vehicles, trailers and semi-trailers 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
- 28 Manufacture of machinery and equipment n.e.c.164
- 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
- 3600 Genk8
- 3800 Sint-Truiden (Aalst, Brustem, Engelmanshoven, …)7
- 2500 Lier (Koningshooikt)6
- 9042 Ghent (Desteldonk, Mendonk, Sint-Kruis-Winkel)6
- 9940 Evergem (Ertvelde, Kluizen, Sleidinge)6
- 8800 Roeselare (Beveren, Oekene, Rumbeke)5
- 2018 Antwerp4
- 2220 Heist-op-den-Berg (Hallaar)4
- 3500 Hasselt (Sint-Lambrechts-Herk)4
- 8540 Deerlijk4
- 9160 Lokeren (Daknam, Eksaarde)4
- 1600 Sint-Pieters-Leeuw (Oudenaken, Sint-Laureins-Berchem)3
Frequently asked questions
Which company in Manufacture of motor vehicles, trailers and semi-trailers in Flanders has the highest revenue?
Volvo Car Belgium NV, with €6.25bn of published revenue (financial year 2025).
Why are some companies missing?
Small companies (micro and abridged accounts) do not have to publish their revenue: only the 58 that publish it, out of 322 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.
Idonis
Analyse companies · Flanders
Filter these companies by size, soundness and trend, follow them and get an alert when their accounts or publications change.
Open the full file →Free account in 30 seconds, by email. No bank card.
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.