Ranking · Liège province · NACE 21

Manufacture of basic pharmaceutical products and pharmaceutical preparations: the largest companies in Liège province

As of 14 Nov 2026, 57 companies in Manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21) in Liège province publish total assets in recent accounts (financial years 2023 to 2026). The top 10 account for €1.09bn, out of €1.21bn for all of them; median total assets are 820,359 €. Telix Innovations leads with €473.4m (financial year 2025).

Top 50 · Manufacture of basic pharmaceutical products and pharmaceutical preparations · Liège province

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Telix Innovations 4040 Herstal €473.4m €243.8m €116.7m 19.8 2025
2 Physiol 4031 Liège €245.1m €66.4m €78.4m 159.1 2025
3 Kaneka Eurogentec 4102 Seraing €115.4m €49.4m −4,334 € 379.2 2026
4 Odyssea Pharma 4460 Grâce-Hollogne €91.0m €76.2m €76.4m 62.4 2025
5 Molnlycke Health Care 4300 Waremme €42.1m €123.2m €14.5m 299.5 2025
6 MAS A.G. 4780 Sankt Vith €34.7m — €29.6m — 2025
7 SMI 4780 Sankt Vith €25.8m €35.0m €14.0m 12.9 2025
8 Besins Healthcare Pharmtech 4102 Seraing €23.7m €7.57m −€9.49m 41.1 2025
9 Cryotherapeutics 4431 Ans €21.8m — €21.1m 10.7 2025
10 Hyloris Developments 4000 Liège €20.6m €5.06m €17.9m 12.2 2025
11 Unisensor 4102 Seraing €19.2m €12.5m €13.7m 59.1 2025
12 Noel Management + Finance 4700 Eupen €17.5m — €14.8m — 2026
13 Sartorius Xpress Biologics 4041 Herstal €10.9m €2.41m −€9.49m 76.2 2025
14 White Raven 4000 Liège €9.55m — €2.53m 3.0 2025
15 XpressBioX 4041 Herstal €8.92m 198,000 € €8.90m — 2025
16 Medi - Line 4031 Liège €8.88m €10.9m €3.78m 56.6 2025
17 Societe de Developpement de Liege Guillemins 4000 Liège €5.05m — €5.04m — 2025
18 Laboratoires Lohmann & Rauscher 4000 Liège €4.03m €12.2m €2.04m 25.9 2025
19 Prevor 4031 Liège €3.75m €3.94m €1.35m 19.0 2025
20 San'Up 4920 Aywaille €2.73m — 608,894 € 30.6 2024
21 Astel Medica 4120 Neupré €2.65m — €1.41m 14.6 2025
22 ExoXpert 4000 Liège €2.05m 42,100 € −€3.90m 8.3 2025
23 Flameusart Immo 4870 Trooz €1.99m — €1.53m — 2025
24 Reprobiol 4590 Ouffet €1.93m — €1.51m 5.8 2025
25 Curium PET Liège 4000 Liège €1.86m €2.77m −€2.70m 12.2 2025
26 AIP Medical 4877 Olne €1.64m — €1.08m 4.6 2025
27 Sofintra 4000 Liège €1.34m — 590,449 € — 2024
28 Bauw - Invest 4000 Liège €1.07m — €1.07m — 2025
29 XeroThera Europe 4000 Liège 820,359 € — 646,920 € 2.0 2025
30 DeuterOncology 4000 Liège 688,028 € — −€2.64m — 2025
31 B.B.H. Entreprise 4052 Chaudfontaine 678,619 € — 339,615 € — 2025
32 Sogestimmo 4000 Liège 621,214 € — 617,509 € — 2025
33 Zenobe 4000 Liège 571,205 € — 571,205 € — 2026
34 Pharmacie BIHAIN 4980 Trois-Ponts 557,802 € — 86,607 € 0.7 2025
35 Unda 4920 Aywaille 517,605 € — 486,787 € — 2025
36 Thameus 4000 Liège 502,659 € — 419,327 € — 2025
37 MB Infra 4890 Thimister-Clermont 470,352 € — 470,033 € — 2025
38 Transmetal 4020 Liège 365,329 € — 192,615 € — 2025
39 Honeypatch 4000 Liège 330,409 € — −388,117 € 1.7 2024
40 ARD'n MANAGEMENT 4987 Stoumont 329,278 € — −215,999 € — 2025
41 W-Info 4608 Dalhem 205,712 € — 132,136 € — 2026
42 Rodilo 4000 Liège 204,587 € — −89,783 € — 2025
43 Amay Distribution 4141 Sprimont 173,935 € — 138,652 € — 2026
44 Theratopix Pharma 4000 Liège 146,427 € 20,376 € −110,818 € 0.3 2025
45 SDK Consulting 4260 Braives 130,582 € 35,699 € 126,237 € — 2025
46 Service - Design - Drawings 4728 Kelmis 113,369 € — −265,212 € — 2025
47 MDT Services & Technologies 4710 Lontzen 102,386 € — 68,160 € — 2025
48 Organisation et Systeme 4300 Waremme 75,751 € — 45,657 € — 2025
49 Société de Bureaux d'Études Pluridisciplinaires 4130 Esneux 48,750 € — 10,919 € — 2025
50 B. d'Oltmont 4860 Pepinster 45,747 € — −72,161 € — 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.

Manufacture of basic pharmaceutical products and pharmaceutical preparations across Belgium → All sectors · Liège province →

Other sectors · Liège province

Municipalities with the most companies in the sector · Liège province

Frequently asked questions

Which is the largest company in Manufacture of basic pharmaceutical products and pharmaceutical preparations in Liège province?

By total assets, it is Telix Innovations (€473.4m, financial year 2025).

How many companies in Manufacture of basic pharmaceutical products and pharmaceutical preparations in Liège province are ranked?

57 out of 64 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 14 Nov 2026.