Ranking · Liège province · NACE 72
Scientific research and development: the largest companies in Liège province
As of 12 Nov 2026, 137 companies in Scientific research and development (NACE 72) in Liège province publish total assets in recent accounts (financial years 2023 to 2026). The top 10 account for €442.3m, out of €571.7m for all of them; median total assets are 368,428 €. MDxHealth leads with €159.3m (financial year 2025).
Top 50 · Scientific research and development · 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 | MDxHealth 4040 Herstal | €159.3m | €4.16m | €134.0m | — | 2025 |
| 2 | STERIGENICS BELGIUM (Petit Rechain) 4800 Verviers | €69.1m | €44.1m | €64.9m | 93.8 | 2025 |
| 3 | Estetra 4000 Liège | €66.6m | €21.0m | −€2.04m | 40.3 | 2025 |
| 4 | Eyed Pharma 4000 Liège | €50.6m | €10.5m | €17.4m | 29.0 | 2025 |
| 5 | Diagenode 4102 Seraing | €21.1m | €11.9m | €8.70m | 100.5 | 2025 |
| 6 | KiOmed Pharma 4041 Herstal | €19.7m | — | €9.02m | 30.2 | 2025 |
| 7 | OSIVAX Belgique 4031 Liège | €17.0m | — | €13.3m | 8.7 | 2025 |
| 8 | Cryoport Belgium 4530 Villers-le-Bouillet | €16.2m | — | €12.5m | 25.3 | 2025 |
| 9 | EXO Biologics 4000 Liège | €11.7m | 0 € | €2.93m | 5.6 | 2025 |
| 10 | Aquilon Pharmaceuticals 4102 Seraing | €11.1m | — | €4.25m | 8.7 | 2025 |
| 11 | Amyl Therapeutics 4000 Liège | €7.02m | — | €3.55m | 6.8 | 2025 |
| 12 | Abscint 4000 Liège | €6.85m | — | €5.56m | 2.7 | 2025 |
| 13 | Surfaces & Advanced Material Coatings 4000 Liège | €6.61m | 682,086 € | €6.47m | — | 2025 |
| 14 | Bio-Sourcing 4000 Liège | €6.59m | — | 894,791 € | 17.3 | 2025 |
| 15 | BioKuris 4040 Herstal | €5.85m | 700,235 € | €1.05m | 1.0 | 2025 |
| 16 | Syngulon 4102 Seraing | €5.66m | — | €2.52m | 9.0 | 2023 |
| 17 | Dendrogenix 4000 Liège | €5.28m | — | €3.29m | 8.0 | 2025 |
| 18 | Epicuris 4432 Ans | €5.27m | 164,183 € | €2.94m | 12.6 | 2025 |
| 19 | Imcyse 4031 Liège | €4.80m | €1.53m | −€33.4m | 41.9 | 2024 |
| 20 | CM4Cure 4000 Liège | €4.57m | — | €1.77m | 9.4 | 2025 |
| 21 | Oncoradiomics 4000 Liège | €4.31m | — | −3,807 € | 20.2 | 2025 |
| 22 | Novobiom 4000 Liège | €3.92m | — | 645,292 € | 11.6 | 2025 |
| 23 | PDC line Pharma 4000 Liège | €3.76m | — | −€7.80m | 22.4 | 2024 |
| 24 | Wishbone 4400 Flémalle | €3.39m | — | €1.77m | 6.0 | 2025 |
| 25 | Consolar Belgium 4500 Huy | €3.13m | — | 207,994 € | 11.3 | 2025 |
| 26 | OP2Lysis Development 4000 Liège | €3.03m | — | €1.82m | 1.0 | 2024 |
| 27 | Pacira Belgium 4700 Eupen | €3.00m | — | €1.95m | 1.3 | 2025 |
| 28 | THERAtRAME 4000 Liège | €2.67m | — | €1.75m | 10.1 | 2025 |
| 29 | Qualiblood 4000 Liège | €2.63m | — | 847,118 € | 6.6 | 2024 |
| 30 | Inokura 4000 Liège | €2.30m | €6.42m | 808,212 € | 25.8 | 2025 |
| 31 | Rumexperts 4317 Faimes | €1.99m | — | €1.65m | 5.0 | 2025 |
| 32 | Artialis 4000 Liège | €1.72m | — | 235,767 € | 13.6 | 2024 |
| 33 | Biocidal Alternative Solutions 4480 Engis | €1.21m | — | 785,112 € | 3.1 | 2025 |
| 34 | Quidditas 4000 Liège | €1.19m | — | €1.15m | 1.0 | 2025 |
| 35 | Agra-OST 4780 Sankt Vith | 994,364 € | 489,000 € | 834,877 € | 4.8 | 2025 |
| 36 | Sagitta Biotech 4000 Liège | 981,671 € | — | 353,411 € | 2.1 | 2025 |
| 37 | Médecine générale VERHAEREN -GOFFARD 4910 Theux | 980,223 € | — | 888,084 € | — | 2025 |
| 38 | Biopteq 4550 Nandrin | 972,092 € | — | 808,624 € | 0.5 | 2025 |
| 39 | Solairfin 4651 Herve | 967,261 € | — | 829,705 € | — | 2025 |
| 40 | Convert Pharmaceuticals 4000 Liège | 941,204 € | — | −841,823 € | — | 2025 |
| 41 | FLGM Consulting 4210 Burdinne | 912,045 € | — | 851,100 € | 1.7 | 2025 |
| 42 | Cabinet Medical du Docteur Papa 4460 Grâce-Hollogne | 887,161 € | — | 592,724 € | — | 2025 |
| 43 | Clenio 4020 Liège | 884,617 € | 0 € | 703,869 € | — | 2025 |
| 44 | RIPEnergy 4020 Liège | 884,389 € | — | 276,170 € | 1.0 | 2025 |
| 45 | HORPI Development 4600 Visé | 863,905 € | — | 697,021 € | 3.4 | 2025 |
| 46 | Docteur Barile Stefano 4121 Neupré | 850,727 € | — | 736,226 € | 0.8 | 2025 |
| 47 | Docteur Masson André-Marie - psychiatre 4020 Liège | 815,649 € | — | 578,004 € | — | 2025 |
| 48 | Temple OrthoBiologics 4000 Liège | 692,165 € | — | −216,156 € | — | 2025 |
| 49 | Emes International Research Network 4000 Liège | 689,778 € | 139,860 € | 388,365 € | — | 2025 |
| 50 | Groupe de Recherche et d'Intervention en Ressources Humaines 4632 Soumagne | 688,588 € | — | 664,527 € | — | 2026 |
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.
Scientific research and development 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 materials152
- 17 Manufacture of paper and paper products14
- 18 Printing and reproduction of recorded media145
- 20 Manufacture of chemicals and chemical products65
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations56
- 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 engineering147
- 43 Specialised construction activities3,733
- 46 Wholesale trade2,369
- 47 Retail trade3,830
- 49 Land transport and transport via pipelines599
- 51 Air transport20
- 52 Warehousing, storage and support activities for transportation222
- 53 Postal and courier activities47
- 55 Accommodation465
- 56 Food and beverage service activities2,105
- 58 Publishing activities115
- 59 Motion picture, video and television programme production, sound recording and music publishing activities147
- 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 funding1,228
- 65 Insurance, reinsurance and pension funding, except compulsory social security36
- 66 Activities auxiliary to financial services and insurance activities647
- 68 Real estate activities3,905
- 69 Legal and accounting activities1,664
- 70 Activities of head offices and management consultancy3,854
- 71 Architectural and engineering activities; technical testing and analysis1,299
- 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 activities621
- 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 activities23
- 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)39
- 4020 Liège (Bressoux, Jupille-Sur-Meuse, Wandre)9
- 4102 Seraing (Ougrée)6
- 4040 Herstal4
- 4500 Huy (Ben-Ahin, Tihange)4
- 4800 Verviers (Ensival, Lambermont, Petit-Rechain, …)4
- 4031 Liège (Angleur)3
- 4460 Grâce-Hollogne (Bierset, Grâce-Berleur, Hollogne-Aux-Pierres, …)3
- 4550 Nandrin (Saint-Séverin, Villers-Le-Temple, Yernée-Fraineux)3
- 4560 Clavier (Bois-Et-Borsu, Les Avins, Ocquier, …)3
- 4600 Visé (Lanaye, Lixhe, Richelle)3
- 4671 Blegny (Barchon, Housse, Saive)3
Frequently asked questions
Which is the largest company in Scientific research and development in Liège province?
By total assets, it is MDxHealth (€159.3m, financial year 2025).
How many companies in Scientific research and development in Liège province are ranked?
137 out of 140 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 12 Nov 2026.