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 assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 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
- 01 Crop and animal production, hunting and related service activities725
- 02 Forestry and logging111
- 08 Other mining and quarrying38
- 10 Manufacture of food products491
- 11 Manufacture of beverages80
- 13 Manufacture of textiles51
- 14 Manufacture of wearing apparel26
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials151
- 17 Manufacture of paper and paper products14
- 18 Printing and reproduction of recorded media145
- 20 Manufacture of chemicals and chemical products65
- 22 Manufacture of rubber and plastic products67
- 23 Manufacture of other non-metallic mineral products114
- 24 Manufacture of basic metals50
- 25 Manufacture of fabricated metal products, except machinery and equipment623
- 26 Manufacture of computer, electronic and optical products82
- 27 Manufacture of electrical equipment67
- 28 Manufacture of machinery and equipment n.e.c.143
- 29 Manufacture of motor vehicles, trailers and semi-trailers41
- 30 Manufacture of other transport equipment22
- 31 Manufacture of furniture88
- 32 Other manufacturing131
- 33 Repair, maintenance and installation of machinery and equipment237
- 35 Electricity, gas, steam and air conditioning supply93
- 37 Sewerage25
- 38 Waste collection, recovery and disposal activities103
- 41 Construction of residential and non-residential buildings1,295
- 42 Civil engineering148
- 43 Specialised construction activities3,733
- 46 Wholesale trade2,369
- 47 Retail trade3,826
- 49 Land transport and transport via pipelines598
- 51 Air transport20
- 52 Warehousing, storage and support activities for transportation222
- 53 Postal and courier activities47
- 55 Accommodation465
- 56 Food and beverage service activities2,103
- 58 Publishing activities115
- 59 Motion picture, video and television programme production, sound recording and music publishing activities146
- 60 Programming, broadcasting, news agency and other content distribution activities17
- 61 Telecommunication29
- 62 Computer programming, consultancy and related activities1,168
- 63 Computing infrastructure, data processing, hosting and other information service activities105
- 64 Financial service activities, except insurance and pension funding1,229
- 65 Insurance, reinsurance and pension funding, except compulsory social security36
- 66 Activities auxiliary to financial services and insurance activities648
- 68 Real estate activities3,906
- 69 Legal and accounting activities1,664
- 70 Activities of head offices and management consultancy3,852
- 71 Architectural and engineering activities; technical testing and analysis1,299
- 72 Scientific research and development137
- 73 Activities of advertising, market research and public relations552
- 74 Other professional, scientific and technical activities330
- 75 Veterinary activities202
- 77 Rental and leasing activities235
- 78 Employment activities86
- 79 Travel agency, tour operator and other reservation service and related activities71
- 80 Investigation and security activities37
- 81 Services to buildings and landscape activities507
- 82 Office administrative, office support and other business support activities622
- 84 Public administration and defence; compulsory social security11
- 85 Education409
- 86 Human health activities4,749
- 87 Residential care activities183
- 88 Social work activities without accommodation176
- 90 Arts creation and performing arts activities191
- 91 Libraries, archives, museums and other cultural activities24
- 92 Gambling and betting activities21
- 93 Sports activities and amusement and recreation activities398
- 94 Activities of membership organisations79
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles422
- 96 Personal service activities602
Municipalities with the most companies in the sector · Liège province
- 4000 Liège (Glain, Rocourt)21
- 4031 Liège (Angleur)4
- 4102 Seraing (Ougrée)3
- 4300 Waremme (Bettincourt, Bleret, Bovenistier, …)3
- 4041 Herstal (Milmort, Vottem)2
- 4141 Sprimont (Louveigné)2
- 4780 Sankt Vith (Recht, Saint-Vith)2
- 4920 Aywaille (Ernonheid, Harzé, Louveigné)2
- 4020 Liège (Bressoux, Jupille-Sur-Meuse, Wandre)1
- 4032 Liège (Chênee)1
- 4040 Herstal1
- 4052 Chaudfontaine (Beaufays)1
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.
Analyse companies · Liège province
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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 14 Nov 2026.