Ranking · Flanders · NACE 61
Telecommunication: the largest companies in Flanders
As of 12 Nov 2026, 294 companies in Telecommunication (NACE 61) in Flanders publish total assets in recent accounts (financial years 2023 to 2026). The top 10 account for €13.9bn, out of €14.7bn for all of them; median total assets are 208,516 €. Telenet Group leads with €7.35bn (financial year 2025).
Top 50 · Telecommunication · 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 | Telenet Group 2800 Mechelen | €7.35bn | €254.7m | €3.06bn | 310.6 | 2025 |
| 2 | Telenet 2800 Mechelen | €4.49bn | €2.12bn | €2.70bn | 2,475.5 | 2025 |
| 3 | Fiberklaar 9051 Ghent | €831.8m | €18.1m | €742.8m | 37.3 | 2025 |
| 4 | Eurofiber 1930 Zaventem | €267.7m | €46.8m | €42.9m | 76.6 | 2025 |
| 5 | NV Verizon Belgium Luxembourg 1831 Machelen (Brab.) | €241.6m | €30.6m | €176.7m | 65.7 | 2024 |
| 6 | LCL 1831 Machelen (Brab.) | €205.4m | €35.4m | €13.8m | 43.0 | 2025 |
| 7 | EXA Infrastructure Belgium 1930 Zaventem | €200.1m | €15.3m | €29.2m | 6.0 | 2025 |
| 8 | Belgium Tower Partners 1831 Machelen (Brab.) | €134.4m | €73.5m | €69.4m | 8.2 | 2025 |
| 9 | Lycamobile 1930 Zaventem | €98.7m | — | −€4.90m | 12.2 | 2025 |
| 10 | Colt Technology Services 1831 Machelen (Brab.) | €83.5m | €73.3m | €25.1m | 67.7 | 2025 |
| 11 | Telenet Vlaanderen 2800 Mechelen | €73.2m | — | €71.6m | — | 2025 |
| 12 | BT Global Services Belgium 1831 Machelen (Brab.) | €66.0m | €145.0m | €17.9m | 118.5 | 2026 |
| 13 | Lycamobile Belgium 1930 Zaventem | €63.2m | €57.8m | €25.5m | — | 2024 |
| 14 | Platform Science 8900 Ypres | €50.1m | €50.1m | €28.8m | 107.6 | 2025 |
| 15 | Mobile Vikings 3500 Hasselt | €45.5m | €92.3m | €23.0m | 92.8 | 2024 |
| 16 | Citymesh Operator 8020 Oostkamp | €40.7m | €1.31m | 706,406 € | — | 2025 |
| 17 | Simac 3001 Leuven | €40.6m | €69.7m | €10.6m | 167.2 | 2025 |
| 18 | Zites 1930 Zaventem | €32.9m | — | €23.3m | 2.0 | 2025 |
| 19 | Arrive Belgium 9090 Merelbeke-Melle | €30.5m | €28.3m | €17.0m | 88.3 | 2025 |
| 20 | GTT Communications Belgium 1930 Zaventem | €25.2m | €22.4m | €14.4m | 25.1 | 2025 |
| 21 | EDPNET Belgium 9100 Sint-Niklaas | €24.7m | €26.5m | 239,444 € | 73.1 | 2025 |
| 22 | WEngage International 1831 Machelen (Brab.) | €22.4m | €51.8m | €5.54m | 65.8 | 2025 |
| 23 | Dstny BE 1930 Zaventem | €20.2m | €52.6m | €10.2m | 135.3 | 2025 |
| 24 | Stefanini 1930 Zaventem | €16.7m | €41.3m | €4.40m | 130.0 | 2025 |
| 25 | Arcadiz Telecom 1930 Zaventem | €10.9m | €15.4m | €3.16m | 21.1 | 2025 |
| 26 | The Ring Ring Company 1831 Machelen (Brab.) | €10.7m | €33.2m | €2.23m | 21.6 | 2025 |
| 27 | Dstny Global Infra Services 1930 Zaventem | €9.88m | €11.3m | €1.22m | 16.4 | 2025 |
| 28 | Twipe Mobile Solutions 3001 Leuven | €9.28m | — | €6.79m | 37.4 | 2025 |
| 29 | Micro Focus Belgium 1800 Vilvoorde | €9.14m | €8.90m | €3.68m | 19.3 | 2025 |
| 30 | CM.COM Belgium 2800 Mechelen | €6.51m | €15.0m | €2.26m | 16.4 | 2025 |
| 31 | Belgian Tower Company 2900 Schoten | €6.41m | €4.05m | €3.19m | 7.2 | 2026 |
| 32 | NGiS 1930 Zaventem | €5.68m | — | €3.23m | 13.9 | 2025 |
| 33 | BMB Projects 2800 Mechelen | €4.66m | — | 377,846 € | — | 2025 |
| 34 | Antwerp DC 2030 Antwerp | €4.38m | — | 777,514 € | — | 2025 |
| 35 | VENN 1932 Zaventem | €4.32m | €8.53m | €1.10m | 14.5 | 2025 |
| 36 | Quant ICT 3001 Leuven | €3.83m | — | 654,164 € | 21.1 | 2025 |
| 37 | Cloud Group 2018 Antwerp | €3.49m | — | €2.53m | 17.3 | 2025 |
| 38 | NCE 2242 Zandhoven | €3.38m | — | €1.69m | — | 2025 |
| 39 | EI Data Center Belgium 9000 Ghent | €3.34m | — | €1.34m | 1.2 | 2024 |
| 40 | IP Nexia 1831 Machelen (Brab.) | €3.33m | €6.04m | €1.56m | 6.8 | 2025 |
| 41 | Marima 8501 Kortrijk | €2.92m | — | 643,185 € | — | 2025 |
| 42 | TQ Projects 2800 Mechelen | €2.60m | — | €1.93m | — | 2025 |
| 43 | Effect 9080 Lochristi | €2.49m | — | 337,886 € | 9.0 | 2025 |
| 44 | Solutel 3511 Hasselt | €2.47m | — | €1.44m | 15.8 | 2025 |
| 45 | The Smart Group 8210 Zedelgem | €2.45m | — | €1.34m | 21.2 | 2025 |
| 46 | nCentric Europe 8020 Oostkamp | €2.37m | — | 393,927 € | 1.2 | 2025 |
| 47 | Unmatched 9880 Aalter | €2.20m | — | €1.04m | 18.6 | 2025 |
| 48 | Scelta Mobility 9000 Ghent | €2.15m | — | €1.03m | 9.6 | 2025 |
| 49 | European Directory Assistance 1950 Kraainem | €1.98m | — | €1.72m | — | 2025 |
| 50 | 3M2E 1840 Londerzeel | €1.72m | 8,940 € | €1.15m | — | 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.
Telecommunication across Belgium → All sectors · Flanders →
Other sectors · Flanders
- 01 Crop and animal production, hunting and related service activities5,114
- 02 Forestry and logging186
- 03 Fishing and aquaculture102
- 08 Other mining and quarrying88
- 09 Mining support service activities32
- 10 Manufacture of food products3,220
- 11 Manufacture of beverages386
- 12 Manufacture of tobacco products16
- 13 Manufacture of textiles704
- 14 Manufacture of wearing apparel299
- 15 Manufacture of leather and related products of other materials50
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials1,102
- 17 Manufacture of paper and paper products196
- 18 Printing and reproduction of recorded media1,328
- 19 Manufacture of coke and refined petroleum products18
- 20 Manufacture of chemicals and chemical products539
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations281
- 22 Manufacture of rubber and plastic products561
- 23 Manufacture of other non-metallic mineral products952
- 24 Manufacture of basic metals244
- 25 Manufacture of fabricated metal products, except machinery and equipment4,115
- 26 Manufacture of computer, electronic and optical products460
- 27 Manufacture of electrical equipment489
- 28 Manufacture of machinery and equipment n.e.c.1,127
- 29 Manufacture of motor vehicles, trailers and semi-trailers307
- 30 Manufacture of other transport equipment132
- 31 Manufacture of furniture968
- 32 Other manufacturing960
- 33 Repair, maintenance and installation of machinery and equipment2,361
- 35 Electricity, gas, steam and air conditioning supply623
- 36 Water collection, treatment and supply41
- 37 Sewerage127
- 38 Waste collection, recovery and disposal activities664
- 39 Remediation activities and other waste management service activities112
- 41 Construction of residential and non-residential buildings12,390
- 42 Civil engineering2,400
- 43 Specialised construction activities35,294
- 46 Wholesale trade24,470
- 47 Retail trade26,224
- 49 Land transport and transport via pipelines7,319
- 50 Water transport339
- 51 Air transport173
- 52 Warehousing, storage and support activities for transportation2,364
- 53 Postal and courier activities573
- 55 Accommodation2,106
- 56 Food and beverage service activities16,014
- 58 Publishing activities768
- 59 Motion picture, video and television programme production, sound recording and music publishing activities1,456
- 60 Programming, broadcasting, news agency and other content distribution activities163
- 62 Computer programming, consultancy and related activities18,472
- 63 Computing infrastructure, data processing, hosting and other information service activities2,623
- 64 Financial service activities, except insurance and pension funding20,945
- 65 Insurance, reinsurance and pension funding, except compulsory social security152
- 66 Activities auxiliary to financial services and insurance activities5,256
- 68 Real estate activities32,646
- 69 Legal and accounting activities12,868
- 70 Activities of head offices and management consultancy35,926
- 71 Architectural and engineering activities; technical testing and analysis9,882
- 72 Scientific research and development599
- 73 Activities of advertising, market research and public relations6,897
- 74 Other professional, scientific and technical activities3,244
- 75 Veterinary activities1,234
- 77 Rental and leasing activities2,338
- 78 Employment activities1,219
- 79 Travel agency, tour operator and other reservation service and related activities644
- 80 Investigation and security activities301
- 81 Services to buildings and landscape activities5,098
- 82 Office administrative, office support and other business support activities9,438
- 84 Public administration and defence; compulsory social security98
- 85 Education2,506
- 86 Human health activities25,365
- 87 Residential care activities583
- 88 Social work activities without accommodation1,024
- 90 Arts creation and performing arts activities2,109
- 91 Libraries, archives, museums and other cultural activities129
- 92 Gambling and betting activities119
- 93 Sports activities and amusement and recreation activities2,717
- 94 Activities of membership organisations457
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles2,942
- 96 Personal service activities4,643
Municipalities with the most companies in the sector · Flanders
- 1930 Zaventem (Nossegem)21
- 1831 Machelen (Brab.) (Diegem)11
- 9000 Ghent8
- 1600 Sint-Pieters-Leeuw (Oudenaken, Sint-Laureins-Berchem)7
- 2018 Antwerp7
- 2800 Mechelen (Walem)7
- 2060 Antwerp5
- 3001 Leuven (Heverlee)5
- 8400 Ostend (Stene, Zandvoorde)5
- 9100 Sint-Niklaas (Nieuwkerken-Waas)5
- 2000 Antwerp4
- 2600 Antwerp (Berchem)4
Frequently asked questions
Which is the largest company in Telecommunication in Flanders?
By total assets, it is Telenet Group (€7.35bn, financial year 2025).
How many companies in Telecommunication in Flanders are ranked?
294 out of 305 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 12 Nov 2026.