Ranking · Liège province · NACE 27

Manufacture of electrical equipment: highest revenue in Liège province

As of 13 Nov 2026, 16 companies in Manufacture of electrical equipment (NACE 27) in Liège province publish their revenue in recent accounts (financial years 2025 to 2026). The top 10 account for €783.6m, out of €797.8m for all of them; median revenue is €17.4m. Kabelwerk Eupen AG leads with €392.0m (financial year 2025).

Top 16 · Manufacture of electrical equipment · Liège province

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

#Company Total assetsRevenue EquityFTEYear
1 Kabelwerk Eupen AG 4700 Eupen €231.9m €392.0m €100.8m 803.5 2025
2 Bureau d'Electronique appliquée 4031 Liège €94.0m €136.4m €40.8m 327.5 2026
3 Newelec 4041 Herstal €27.2m €56.8m €7.80m 236.1 2025
4 Inductotherm Coating Equipment 4040 Herstal €59.1m €53.3m €26.5m 131.5 2025
5 Grid Solutions Belgium 4800 Verviers €55.6m €42.0m €14.7m 35.0 2025
6 Constructions Electroniques + Telecommunications 4020 Liège €29.9m €35.4m €6.13m 64.6 2025
7 Automation-Technique-Industrie 4890 Thimister-Clermont €14.9m €18.9m €3.02m 123.0 2025
8 Ateliers Hubert Gerken 4800 Verviers €27.7m €18.0m €15.2m 58.8 2025
9 Heinen S.A. 4701 Eupen €8.35m €16.9m €3.51m 87.1 2025
10 Etablissements Verhulst 4630 Soumagne €8.62m €14.0m €4.49m 42.9 2025
11 Babyliss Faco 4020 Liège €7.74m €8.79m €1.89m 44.1 2025
12 S & D Tech 4400 Flémalle €3.42m €5.17m €1.21m 21.2 2025
13 Ciseo 4102 Seraing 844,116 € 234,990 € 617,068 € — 2025
14 Gari-Eco 4360 Oreye 41,924 € 35,286 € −1,768 € — 2025
15 H2Mobiwal 4360 Oreye 16,512 € 15,600 € 7,622 € — 2025
16 Sandvoice OPS 4430 Ans 1,510 € 1,000 € −121,937 € — 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.

Manufacture of electrical equipment across Belgium → All sectors · Liège province →

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Frequently asked questions

Which company in Manufacture of electrical equipment in Liège province has the highest revenue?

Kabelwerk Eupen AG, with €392.0m of published revenue (financial year 2025).

Why are some companies missing?

Small companies (micro and abridged accounts) do not have to publish their revenue: only the 16 that publish it, out of 68 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 13 Nov 2026.