Ranking · Wallonia · NACE 10
Manufacture of food products: highest revenue in Wallonia
As of 14 Nov 2026, 214 companies in Manufacture of food products (NACE 10) in Wallonia publish their revenue in recent accounts (financial years 2023 to 2026). The top 10 account for €5.08bn, out of €10.6bn for all of them; median revenue is €14.2m. Solarec leads with €943.3m (financial year 2025).
Top 50 · Manufacture of food products · Wallonia
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Solarec 6800 Libramont-Chevigny | €340.4m | €943.3m | €89.0m | 401.2 | 2025 |
| 2 | Lutosa 7900 Leuze-en-Hainaut | €485.7m | €705.3m | €216.0m | 1,009.7 | 2025 |
| 3 | Laiterie des Ardennes 6800 Libramont-Chevigny | €198.0m | €694.7m | €113.9m | 19.5 | 2025 |
| 4 | Ecofrost 7600 Péruwelz | €347.6m | €561.6m | €194.3m | 195.9 | 2025 |
| 5 | S.A. Corman 4834 Limbourg | €140.7m | €523.5m | €39.4m | 397.2 | 2025 |
| 6 | CL Warneton 7784 Comines-Warneton | €409.0m | €407.5m | €90.3m | 795.0 | 2024 |
| 7 | BENEO-Orafti 4360 Oreye | €406.1m | €372.4m | €246.7m | 347.7 | 2026 |
| 8 | Plukon Agri Belgium 7700 Mouscron | €29.1m | €366.2m | €1.97m | 6.1 | 2025 |
| 9 | Roger & Roger 7700 Mouscron | €117.9m | €281.3m | €64.6m | 348.0 | 2023 |
| 10 | Materne - Confilux 5150 Floreffe | €147.4m | €225.4m | €88.8m | 607.8 | 2025 |
| 11 | Molkerei - Laiterie Walhorn 4711 Lontzen | €76.2m | €185.3m | €45.4m | 121.6 | 2025 |
| 12 | Ferrero Ardennes 6700 Arlon | €230.6m | €174.2m | €170.4m | 1,228.1 | 2025 |
| 13 | Lovenfosse 4880 Aubel | €24.5m | €167.1m | €7.12m | 341.4 | 2025 |
| 14 | Cosucra - Groupe Warcoing 7740 Pecq | €241.0m | €150.5m | €119.5m | 368.2 | 2026 |
| 15 | Societe Agricole Belge 4711 Lontzen | €18.7m | €146.4m | €5.15m | 11.1 | 2025 |
| 16 | Confiserie Leonidas 1401 Nivelles | €129.4m | €137.3m | €41.7m | 521.2 | 2026 |
| 17 | Hesbayefrost 4250 Geer | €103.6m | €134.4m | €32.9m | 342.1 | 2025 |
| 18 | Isera & Scaldis Sugar 7640 Antoing | €193.4m | €127.7m | €92.5m | 151.3 | 2026 |
| 19 | Société fermière Rochefort Ardennes Etablissements Mathot 5580 Rochefort | €35.0m | €125.6m | €8.69m | 79.7 | 2025 |
| 20 | Colona 4300 Waremme | €55.0m | €125.2m | €18.9m | 190.2 | 2026 |
| 21 | Européenne de Lyophilisation 4460 Grâce-Hollogne | €81.4m | €113.0m | €7.05m | 117.8 | 2025 |
| 22 | Aigremont 4400 Flémalle | €37.2m | €105.5m | €26.0m | 54.6 | 2025 |
| 23 | Firmenich Belgium 1348 Ottignies-Louvain-la-Neuve | €62.6m | €103.7m | €29.6m | 275.3 | 2025 |
| 24 | Lantmännen Unibake Mouscron 7700 Mouscron | €85.4m | €103.7m | €24.4m | 168.8 | 2025 |
| 25 | What’s Cooking Marche-en-Famenne 4520 Wanze | €32.1m | €98.4m | €11.7m | 305.1 | 2025 |
| 26 | Pmsweet 4821 Dison | €81.5m | €94.9m | €16.0m | 281.7 | 2025 |
| 27 | La Lorraine Barchon 4671 Blegny | €66.6m | €92.5m | €5.72m | 317.3 | 2025 |
| 28 | Mydibel 7700 Mouscron | €122.0m | €90.5m | €64.0m | 440.8 | 2024 |
| 29 | Europa Cuisson 7522 Tournai | €44.2m | €84.7m | €12.5m | 98.7 | 2025 |
| 30 | SA/NV Vandeputte Huilerie - Oliefabriek 7700 Mouscron | €47.7m | €79.3m | €17.9m | 29.3 | 2025 |
| 31 | Detry 4880 Aubel | €41.7m | €72.2m | €18.7m | 244.8 | 2025 |
| 32 | Arla Foods Belgien 4840 Welkenraedt | €28.9m | €71.7m | €18.7m | 17.6 | 2025 |
| 33 | The Spice Factory 1420 Braine-l'Alleud | €47.4m | €70.4m | €8.41m | 75.9 | 2025 |
| 34 | Cafés Liégeois 4890 Thimister-Clermont | €37.9m | €67.3m | €11.4m | 96.7 | 2025 |
| 35 | Mamma Lucia 1400 Nivelles | €25.4m | €65.8m | €16.1m | 159.8 | 2026 |
| 36 | Libeert 7780 Comines-Warneton | €37.0m | €65.3m | €14.6m | 136.8 | 2025 |
| 37 | Food Partners Co 6220 Fleurus | €109.3m | €64.2m | €6.49m | 45.4 | 2024 |
| 38 | Interwaffles 6180 Courcelles | €36.7m | €60.7m | €6.85m | 255.1 | 2025 |
| 39 | Gramybel 7700 Mouscron | €84.8m | €59.0m | €9.39m | 62.8 | 2024 |
| 40 | Avieta 4520 Wanze | €44.7m | €57.8m | €4.81m | 225.8 | 2025 |
| 41 | What’s Cooking Wanze 4520 Wanze | €34.2m | €55.0m | €13.2m | 141.7 | 2025 |
| 42 | Meurens Natural 4650 Herve | €87.5m | €52.1m | €74.4m | 63.8 | 2025 |
| 43 | Verbau 7900 Leuze-en-Hainaut | €28.7m | €51.0m | €4.25m | 84.3 | 2025 |
| 44 | Biscuit International Belgium (GHI) 7822 Ath | €11.6m | €50.1m | −€10.3m | 151.4 | 2025 |
| 45 | Poppies Bakeries Comines 7780 Comines-Warneton | €24.6m | €49.7m | €9.23m | 128.5 | 2025 |
| 46 | Royale Lacroix 4400 Flémalle | €18.5m | €49.3m | €15.3m | 18.6 | 2025 |
| 47 | Cargill Chocolate Belgium 7700 Mouscron | €61.3m | €48.8m | €23.6m | 270.1 | 2025 |
| 48 | Dawn Foods Belgium 7170 Manage | €17.8m | €48.8m | €1.02m | 67.7 | 2025 |
| 49 | Mondelez Namur Production 5020 Namur | €31.5m | €48.1m | €14.5m | 406.3 | 2025 |
| 50 | Delifrance Belgium 1400 Nivelles | €15.1m | €47.8m | 827,905 € | 21.4 | 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 food products across Belgium → All sectors · Wallonia →
Other sectors · Wallonia
- 01 Crop and animal production, hunting and related service activities240
- 02 Forestry and logging49
- 08 Other mining and quarrying37
- 11 Manufacture of beverages37
- 13 Manufacture of textiles28
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials61
- 17 Manufacture of paper and paper products15
- 18 Printing and reproduction of recorded media47
- 20 Manufacture of chemicals and chemical products80
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations46
- 22 Manufacture of rubber and plastic products42
- 23 Manufacture of other non-metallic mineral products86
- 24 Manufacture of basic metals43
- 25 Manufacture of fabricated metal products, except machinery and equipment180
- 26 Manufacture of computer, electronic and optical products38
- 27 Manufacture of electrical equipment36
- 28 Manufacture of machinery and equipment n.e.c.71
- 29 Manufacture of motor vehicles, trailers and semi-trailers16
- 30 Manufacture of other transport equipment13
- 31 Manufacture of furniture26
- 32 Other manufacturing39
- 33 Repair, maintenance and installation of machinery and equipment53
- 35 Electricity, gas, steam and air conditioning supply64
- 37 Sewerage13
- 38 Waste collection, recovery and disposal activities64
- 41 Construction of residential and non-residential buildings401
- 42 Civil engineering77
- 43 Specialised construction activities959
- 46 Wholesale trade927
- 47 Retail trade1,359
- 49 Land transport and transport via pipelines246
- 52 Warehousing, storage and support activities for transportation104
- 53 Postal and courier activities19
- 55 Accommodation117
- 56 Food and beverage service activities565
- 58 Publishing activities38
- 59 Motion picture, video and television programme production, sound recording and music publishing activities53
- 61 Telecommunication18
- 62 Computer programming, consultancy and related activities309
- 63 Computing infrastructure, data processing, hosting and other information service activities31
- 64 Financial service activities, except insurance and pension funding321
- 66 Activities auxiliary to financial services and insurance activities127
- 68 Real estate activities852
- 69 Legal and accounting activities276
- 70 Activities of head offices and management consultancy642
- 71 Architectural and engineering activities; technical testing and analysis267
- 72 Scientific research and development36
- 73 Activities of advertising, market research and public relations111
- 74 Other professional, scientific and technical activities57
- 75 Veterinary activities39
- 77 Rental and leasing activities59
- 78 Employment activities39
- 79 Travel agency, tour operator and other reservation service and related activities32
- 80 Investigation and security activities15
- 81 Services to buildings and landscape activities144
- 82 Office administrative, office support and other business support activities180
- 84 Public administration and defence; compulsory social security13
- 85 Education314
- 86 Human health activities580
- 87 Residential care activities201
- 88 Social work activities without accommodation174
- 90 Arts creation and performing arts activities95
- 91 Libraries, archives, museums and other cultural activities20
- 92 Gambling and betting activities12
- 93 Sports activities and amusement and recreation activities118
- 94 Activities of membership organisations100
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles130
- 96 Personal service activities171
Municipalities with the most companies in the sector · Wallonia
- 7700 Mouscron (Luingne)48
- 4000 Liège (Glain, Rocourt)32
- 7030 Mons (Saint-Symphorien)31
- 4020 Liège (Bressoux, Jupille-Sur-Meuse, Wandre)24
- 4800 Verviers (Ensival, Lambermont, Petit-Rechain, …)24
- 1410 Waterloo21
- 1300 Wavre (Limal)19
- 5020 Namur (Champion, Daussoulx, Flawinne, …)16
- 1400 Nivelles (Monstreux)15
- 1480 Tubize (Clabecq, Oisquercq, Saintes)15
- 5000 Namur (Beez)15
- 5100 Namur (Dave, Jambes, Naninne, …)15
Frequently asked questions
Which company in Manufacture of food products in Wallonia has the highest revenue?
Solarec, with €943.3m 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 214 that publish it, out of 1,550 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.
Idonis
Analyse companies · Wallonia
Filter these companies by size, soundness and trend, follow them and get an alert when their accounts or publications change.
Open the full file →Free account in 30 seconds, by email. No bank card.
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.