Ranking · Flanders · NACE 84

Public administration and defence; compulsory social security: highest revenue in Flanders

As of 14 Nov 2026, 24 companies in Public administration and defence; compulsory social security (NACE 84) in Flanders publish their revenue in recent accounts (financial years 2023 to 2025). The top 10 account for €621.2m, out of €632.6m for all of them; median revenue is €2.14m. GasthuisZusters Antwerpen leads with €483.8m (financial year 2023).

Top 24 · Public administration and defence; compulsory social security · Flanders

Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).

#Company Total assetsRevenue EquityFTEYear
1 GasthuisZusters Antwerpen 2018 Antwerp €460.9m €483.8m €193.4m 2,583.1 2023
2 Xerius Caisse d'Assurances Sociales 2000 Antwerp €322.6m €37.6m €50.7m 187.5 2025
3 Intergemeentelijk Samenwerkingsverband voor ruimtelijke ordening en socio-economische expansie 9520 Sint-Lievens-Houtem €64.2m €25.5m €34.8m 110.7 2025
4 Maatschappij voor het haven-, grond- en industrialisatiebeleid van het Linkerscheldeoevergebied 9120 Beveren-Kruibeke-Zwijndrecht €227.3m €24.0m €213.7m 14.5 2025
5 Intercommunale Maatschappij voor de Ruimtelijke Ordening en de Economisch- Sociale Expansie van het Arrondissement Halle-Vilvoorde 1731 Asse €43.7m €14.5m €11.7m 69.3 2025
6 Verbint 2300 Turnhout €48.2m €12.9m €31.0m 207.7 2025
7 IGO 3220 Holsbeek €8.46m €6.95m €2.15m 92.1 2025
8 AGB Genk 3600 Genk €89.0m €5.77m €73.7m — 2025
9 IGEAN dienstverlening 2160 Wommelgem €103.9m €5.13m €4.83m 45.8 2025
10 Interkommunale Ontwikkelingsmaatschappij voor de Kempen 2440 Geel €163.3m €5.00m €137.1m 109.4 2025
11 Katholiek Secundair Onderwijs Maaseik-Kinrooi 3680 Maaseik €41.8m €2.59m €15.1m — 2024
12 s-Lim 3500 Hasselt €12.5m €2.56m €1.36m — 2025
13 Ignatiaanse Scholen Antwerpen 2000 Antwerp €27.5m €1.73m €16.3m — 2025
14 Dender, Durme en Schelde 9200 Dendermonde €48.5m €1.26m €38.1m 40.6 2025
15 Stadsontwikkelingsbedrijf Ronse 9600 Ronse €7.74m 997,956 € 369,636 € 8.0 2025
16 CultuurOverleg Zeven 8970 Poperinge 691,225 € 899,440 € 393,922 € — 2025
17 Katholiek Onderwijs Ronse 9600 Ronse €32.0m 749,949 € €26.3m — 2023
18 Masters @ Solutions 8400 Ostend 255,453 € 297,538 € 219,281 € — 2025
19 CM-Mobiel West-Vlaanderen 8400 Ostend €1.19m 97,761 € €1.06m 0.6 2025
20 Sinte-Christiana en Sint-Michaël VMSI 9100 Sint-Niklaas 741,306 € 83,605 € 571,989 € 0.5 2025
21 My Family 2000 Antwerp €108.6m 57,163 € €33.5m 111.6 2024
22 Stad Leuven 3000 Leuven 113,156 € 2,880 € 111,609 € — 2023
23 Cultuurregio Pajottenland & Zennevallei 1700 Dilbeek €1.02m 1,921 € 858,263 € — 2025
24 VINC 2060 Antwerp 271,401 € 450 € 170,967 € 9.1 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.

Public administration and defence; compulsory social security across Belgium → All sectors · Flanders →

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Frequently asked questions

Which company in Public administration and defence; compulsory social security in Flanders has the highest revenue?

GasthuisZusters Antwerpen, with €483.8m of published revenue (financial year 2023).

Why are some companies missing?

Small companies (micro and abridged accounts) do not have to publish their revenue: only the 24 that publish it, out of 102 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.