Activities of head offices and management consultancy: highest revenue in Liège province
As of 14 Nov 2026, 201 companies in Activities of head offices and management consultancy (NACE 70) in Liège province publish their revenue in recent accounts (financial years 2023 to 2026). The top 10 account for €229.1m, out of €309.2m for all of them; median revenue is 171,470 €. HQ1 leads with €112.4m (financial year 2025).
Top 50 · Activities of head offices and management consultancy · Liège province
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | HQ1 4000 Liège | €481.7m | €112.4m | −€98.8m | 354.7 | 2025 |
| 2 | Newpharma Group 4020 Liège | €109.2m | €60.9m | €86.8m | 100.9 | 2026 |
| 3 | Infiso 4650 Herve | €79.6m | €10.1m | €72.5m | — | 2025 |
| 4 | E.B.A 4140 Sprimont | €13.0m | €10.1m | 836,848 € | 32.4 | 2025 |
| 5 | Cabot Performance Materials Belgium 4860 Pepinster | €4.90m | €8.23m | €3.36m | 27.0 | 2025 |
| 6 | Groupe Autosecurite 4800 Verviers | €81.1m | €7.54m | €15.8m | 53.2 | 2025 |
| 7 | EMIL FREY Belgique SA 4340 Awans | €101.3m | €6.68m | €27.8m | 34.6 | 2025 |
| 8 | Imerys Belgium 4600 Visé | €3.10m | €5.24m | €1.61m | 11.4 | 2025 |
| 9 | Numeris 4400 Flémalle | €11.9m | €4.41m | €10.1m | 10.5 | 2025 |
| 10 | Gehlen Management 4960 Malmedy | €26.6m | €3.46m | €11.1m | 9.3 | 2025 |
| 11 | Taxshelter.BE 4020 Liège | €6.60m | €3.40m | €2.14m | 10.7 | 2025 |
| 12 | Bimex Belgium 4218 Héron | €1.53m | €3.32m | 167,058 € | 3.5 | 2025 |
| 13 | SI-HBeL 4041 Herstal | €40.6m | €3.21m | €20.8m | 7.2 | 2025 |
| 14 | Alineas Services 4031 Liège | 526,374 € | €3.16m | 311,792 € | 8.6 | 2025 |
| 15 | Centre Provincial Liégeois de Promotion et de Gestion en Agriculture 4300 Waremme | €1.61m | €3.12m | 895,913 € | 9.7 | 2025 |
| 16 | TF Invest 4041 Herstal | €46.5m | €2.42m | €30.9m | — | 2025 |
| 17 | Trendy Foods Finances 4041 Herstal | €19.4m | €2.39m | €13.8m | — | 2025 |
| 18 | SmartSec 4000 Liège | €149.1m | €2.29m | €126.7m | — | 2025 |
| 19 | Fleet4You 4020 Liège | 706,320 € | €1.93m | −326,818 € | — | 2025 |
| 20 | G4 Finance 4053 Chaudfontaine | €72.7m | €1.91m | €46.4m | — | 2025 |
| 21 | MBE 4890 Thimister-Clermont | €14.2m | €1.63m | €14.1m | — | 2025 |
| 22 | A. Th. and Associates 4680 Oupeye | €1.74m | €1.60m | 796,662 € | 2.1 | 2025 |
| 23 | MDB Plus 4000 Liège | €13.9m | €1.54m | €12.6m | — | 2026 |
| 24 | Herstal Group Services 4040 Herstal | €313.2m | €1.41m | €99.8m | 7.4 | 2025 |
| 25 | HDP Art 4800 Verviers | €6.53m | €1.40m | €2.60m | — | 2025 |
| 26 | Invest4Cars 4530 Villers-le-Bouillet | €15.9m | €1.32m | €5.91m | 3.4 | 2025 |
| 27 | AMO Invest 4651 Herve | €15.5m | €1.25m | €12.9m | 1.0 | 2025 |
| 28 | SPD Consult 4041 Herstal | €5.77m | €1.22m | €5.58m | — | 2025 |
| 29 | Beager 4460 Grâce-Hollogne | €8.70m | €1.20m | €7.56m | — | 2025 |
| 30 | Icarus Group 4041 Herstal | €23.5m | €1.11m | €11.3m | 5.8 | 2025 |
| 31 | Finawirs 4400 Flémalle | €17.3m | €1.07m | €6.16m | — | 2025 |
| 32 | Siken-Lixton 4890 Thimister-Clermont | €3.27m | €1.06m | €2.00m | 10.3 | 2025 |
| 33 | Madisim 4610 Beyne-Heusay | €4.81m | €1.03m | €4.73m | 1.9 | 2025 |
| 34 | Sinodel 4140 Sprimont | €10.2m | €1.00m | €9.42m | — | 2025 |
| 35 | CBP Invest 4190 Ferrières | €6.22m | 960,000 € | €3.43m | 0.8 | 2025 |
| 36 | Cilyx Group 4102 Seraing | €7.82m | 925,800 € | €2.82m | 4.2 | 2025 |
| 37 | Actaeon Conseils SRL 4000 Liège | 275,783 € | 912,928 € | 177,017 € | 6.5 | 2025 |
| 38 | PMP Management 4140 Sprimont | €4.21m | 876,000 € | €3.72m | 2.0 | 2025 |
| 39 | Acosma 4651 Herve | €14.6m | 840,000 € | 848,617 € | — | 2025 |
| 40 | Coretec Invoicing 4340 Awans | €1.42m | 786,675 € | 247,573 € | 3.4 | 2025 |
| 41 | MJB Management 4340 Awans | €10.4m | 770,570 € | €5.64m | — | 2026 |
| 42 | Meuse - Condroz - Hesbaye 4500 Huy | €1.50m | 764,637 € | €1.14m | 2.0 | 2025 |
| 43 | VIA Group 4432 Ans | €11.9m | 753,007 € | 370,478 € | — | 2025 |
| 44 | Esope Technologies 4102 Seraing | €6.12m | 747,960 € | €3.41m | — | 2025 |
| 45 | Coretec Energy 4340 Awans | €11.1m | 720,000 € | €5.52m | 3.8 | 2025 |
| 46 | AS.M 4651 Herve | €10.1m | 711,207 € | €3.25m | — | 2025 |
| 47 | HL Management 4121 Neupré | €6.55m | 706,804 € | 966,179 € | — | 2025 |
| 48 | Koala 4000 Liège | €10.2m | 597,869 € | €4.21m | — | 2025 |
| 49 | Greisch - Coordination & Etudes 4031 Liège | €17.2m | 557,786 € | €11.3m | 2.5 | 2025 |
| 50 | L.M. Biemar 4653 Herve | €41.6m | 542,512 € | €39.9m | — | 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.
Activities of head offices and management consultancy across Belgium → All sectors · Liège province →
Other sectors · Liège province
- 01 Crop and animal production, hunting and related service activities34
- 10 Manufacture of food products68
- 13 Manufacture of textiles10
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials19
- 18 Printing and reproduction of recorded media10
- 20 Manufacture of chemicals and chemical products22
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations18
- 22 Manufacture of rubber and plastic products11
- 23 Manufacture of other non-metallic mineral products24
- 24 Manufacture of basic metals17
- 25 Manufacture of fabricated metal products, except machinery and equipment71
- 26 Manufacture of computer, electronic and optical products21
- 27 Manufacture of electrical equipment16
- 28 Manufacture of machinery and equipment n.e.c.24
- 32 Other manufacturing14
- 33 Repair, maintenance and installation of machinery and equipment18
- 35 Electricity, gas, steam and air conditioning supply22
- 38 Waste collection, recovery and disposal activities21
- 41 Construction of residential and non-residential buildings101
- 42 Civil engineering22
- 43 Specialised construction activities225
- 46 Wholesale trade244
- 47 Retail trade313
- 49 Land transport and transport via pipelines71
- 52 Warehousing, storage and support activities for transportation38
- 55 Accommodation25
- 56 Food and beverage service activities165
- 58 Publishing activities14
- 59 Motion picture, video and television programme production, sound recording and music publishing activities18
- 62 Computer programming, consultancy and related activities70
- 64 Financial service activities, except insurance and pension funding117
- 66 Activities auxiliary to financial services and insurance activities25
- 68 Real estate activities228
- 69 Legal and accounting activities69
- 71 Architectural and engineering activities; technical testing and analysis70
- 72 Scientific research and development16
- 73 Activities of advertising, market research and public relations24
- 74 Other professional, scientific and technical activities11
- 77 Rental and leasing activities21
- 78 Employment activities17
- 79 Travel agency, tour operator and other reservation service and related activities10
- 81 Services to buildings and landscape activities34
- 82 Office administrative, office support and other business support activities45
- 85 Education94
- 86 Human health activities155
- 87 Residential care activities57
- 88 Social work activities without accommodation55
- 90 Arts creation and performing arts activities38
- 93 Sports activities and amusement and recreation activities39
- 94 Activities of membership organisations33
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles34
- 96 Personal service activities50
Municipalities with the most companies in the sector · Liège province
- 4000 Liège (Glain, Rocourt)374
- 4020 Liège (Bressoux, Jupille-Sur-Meuse, Wandre)125
- 4053 Chaudfontaine (Embourg)112
- 4140 Sprimont (Dolembreux, Gomzé-Andoumont, Rouvreux)102
- 4130 Esneux (Tilff)97
- 4910 Theux (La Reid, Polleur)85
- 4280 Hannut (Abolens, Avernas-Le-Bauduin, Avin, …)79
- 4800 Verviers (Ensival, Lambermont, Petit-Rechain, …)78
- 4700 Eupen72
- 4052 Chaudfontaine (Beaufays)71
- 4100 Seraing (Boncelles)70
- 4500 Huy (Ben-Ahin, Tihange)64
Frequently asked questions
Which company in Activities of head offices and management consultancy in Liège province has the highest revenue?
HQ1, with €112.4m 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 201 that publish it, out of 3,895 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.
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.