Real estate activities: the largest companies in Flanders
As of 12 Nov 2026, 32,646 companies in Real estate activities (NACE 68) in Flanders publish total assets in recent accounts (financial years 2023 to 2026). The top 10 account for €11.0bn, out of €127.2bn for all of them; median total assets are 802,623 €. Wonen in Limburg leads with €2.06bn (financial year 2025).
Top 50 · Real estate activities · 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 | Wonen in Limburg 3530 Houthalen-Helchteren | €2.06bn | €149.8m | €591.8m | 397.5 | 2025 |
| 2 | Woonhaven Antwerpen 2020 Antwerp | €1.56bn | €133.8m | €163.1m | 396.0 | 2025 |
| 3 | Alychlo 9820 Merelbeke-Melle | €1.20bn | €2.02m | €965.2m | 5.6 | 2025 |
| 4 | Maatschappij TOT Exploitatie van Immobilien 8790 Waregem | €1.11bn | €28.3m | €327.2m | 83.8 | 2025 |
| 5 | Weerts Logistics Parks 3700 Tongeren-Borgloon | €1.04bn | €49.4m | €638.4m | — | 2025 |
| 6 | Fibemi 2870 Puurs-Sint-Amands | €964.8m | €1.24m | €964.7m | 5.6 | 2025 |
| 7 | Thuispunt Gent 9000 Ghent | €926.3m | €59.0m | €199.3m | 198.3 | 2025 |
| 8 | N.Z.M. 2480 Dessel | €825.5m | 950,407 € | €822.2m | — | 2025 |
| 9 | Apollo Bidco 9031 Ghent | €691.6m | €6.30m | €208.1m | 11.0 | 2025 |
| 10 | Autonoom Gemeentebedrijf voor Vastgoedbeheer en Stadsprojecten - Vespa 2018 Antwerp | €618.6m | €120.1m | €310.8m | 154.8 | 2025 |
| 11 | Abacus Invest 8790 Waregem | €618.4m | — | €571.6m | — | 2025 |
| 12 | Vivendo 8000 Bruges | €605.9m | €44.9m | €120.0m | 75.1 | 2025 |
| 13 | Thuiswest 8800 Roeselare | €603.0m | €40.8m | €148.4m | 90.9 | 2025 |
| 14 | LeefGoed 2440 Geel | €570.8m | €35.3m | €92.5m | 86.6 | 2025 |
| 15 | Redevco Belgium 1930 Zaventem | €561.8m | €130.8m | €491.9m | 28.8 | 2025 |
| 16 | H. Essers Logistics Company 3600 Genk | €550.7m | €28.2m | €123.3m | — | 2025 |
| 17 | Woonmaatschappij Rivierenland 2800 Mechelen | €523.7m | €29.1m | €64.8m | 63.8 | 2025 |
| 18 | Thermo Fisher Scientific Brussels 9820 Merelbeke-Melle | €520.7m | — | €520.5m | — | 2025 |
| 19 | Woonboog 2300 Turnhout | €520.1m | €38.6m | €37.5m | 65.4 | 2025 |
| 20 | Bremhove 8750 Wingene | €498.9m | €15.0m | €298.7m | 17.2 | 2025 |
| 21 | Alides Real Estate Investment and Management 9000 Ghent | €461.6m | €80.4m | €272.7m | 33.8 | 2025 |
| 22 | Woonmaatschappij Dender-Zuid 9300 Aalst | €424.7m | €33.9m | €73.7m | 68.8 | 2025 |
| 23 | SW+ 8500 Kortrijk | €401.7m | €24.2m | €67.0m | 56.5 | 2025 |
| 24 | Scaldis Invest 2000 Antwerp | €400.1m | — | €349.2m | — | 2026 |
| 25 | Vopak Belgium 2040 Antwerp | €383.6m | — | €368.2m | 38.8 | 2025 |
| 26 | Apollo Midco 9031 Ghent | €381.8m | — | €327.6m | — | 2025 |
| 27 | Ghelamco Invest 8900 Ypres | €373.0m | €38.6m | €91.2m | — | 2025 |
| 28 | Kanvaz 3300 Tienen | €358.5m | €20.1m | €76.1m | 74.0 | 2025 |
| 29 | DIJLEDAL Sociale Huisvesting Leuven 3000 Leuven | €352.7m | €23.7m | €29.0m | 70.2 | 2025 |
| 30 | De Voorkempen - H.E. 2960 Brecht | €352.4m | €19.6m | €42.6m | 58.5 | 2025 |
| 31 | Woontrots 3080 Tervuren | €342.8m | €20.9m | €44.3m | 43.6 | 2025 |
| 32 | Weerts Logistic Parks Holding 3700 Tongeren-Borgloon | €332.9m | — | €124.1m | — | 2025 |
| 33 | Stadsontwikkeling Gent (sogent) 9000 Ghent | €330.0m | €13.1m | €204.8m | 58.7 | 2025 |
| 34 | Baltisse Real Estate 9051 Ghent | €329.6m | 652,233 € | €271.8m | — | 2025 |
| 35 | Broekland 1853 Grimbergen | €317.1m | — | €295.4m | — | 2025 |
| 36 | Woonmaatschappij VIVUS 8530 Harelbeke | €304.0m | €19.5m | €63.8m | 34.8 | 2025 |
| 37 | Palex Healthcare Group North and Central Europe 2800 Mechelen | €300.9m | — | €293.9m | 11.2 | 2025 |
| 38 | Fremato Group 8790 Waregem | €285.2m | €34.0m | €47.0m | — | 2025 |
| 39 | Woonmaatschappij Woonpunt Waas 9120 Beveren-Kruibeke-Zwijndrecht | €280.6m | €21.2m | €67.3m | 28.5 | 2025 |
| 40 | Plastiche Finance 2370 Arendonk | €279.5m | — | €270.4m | — | 2025 |
| 41 | Athelean 8300 Knokke-Heist | €276.4m | — | €133.8m | 1.0 | 2025 |
| 42 | Alides Properties 9000 Ghent | €273.7m | €16.6m | €108.3m | 3.7 | 2025 |
| 43 | Triple Living 2000 Antwerp | €272.8m | €73.0m | €70.7m | 30.0 | 2025 |
| 44 | imec EU pilot line 3001 Leuven | €269.6m | — | €191.6m | — | 2025 |
| 45 | Hof ter Polder 9070 Destelbergen | €265.3m | — | €257.8m | 1.0 | 2025 |
| 46 | Studentcomfort 3000 Leuven | €264.9m | — | €85.5m | 13.2 | 2025 |
| 47 | WoonST 9140 Temse | €264.8m | €20.7m | €57.0m | 63.0 | 2025 |
| 48 | Koinon 8890 Moorslede | €257.3m | €1.02m | €257.0m | 1.9 | 2025 |
| 49 | Matexi Projects 8790 Waregem | €243.0m | €196.8m | €49.4m | 113.3 | 2025 |
| 50 | Cecan 8500 Kortrijk | €235.9m | — | €216.5m | — | 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 · 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
- 61 Telecommunication294
- 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
- 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
- 2000 Antwerp865
- 9000 Ghent785
- 2018 Antwerp758
- 8300 Knokke-Heist (Knokke, Westkapelle)732
- 3500 Hasselt (Sint-Lambrechts-Herk)667
- 8800 Roeselare (Beveren, Oekene, Rumbeke)413
- 8500 Kortrijk410
- 2970 Schilde ('s Gravenwezel)389
- 2930 Brasschaat352
- 8400 Ostend (Stene, Zandvoorde)319
- 8000 Bruges (Koolkerke)308
- 3600 Genk305
Frequently asked questions
Which is the largest company in Real estate activities in Flanders?
By total assets, it is Wonen in Limburg (€2.06bn, financial year 2025).
How many companies in Real estate activities in Flanders are ranked?
32,646 out of 33,110 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.
Analyse companies · Flanders
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Open the full file →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.