Ranking · Wallonia · NACE 32
Other manufacturing: the largest companies in Wallonia
As of 12 Nov 2026, 409 companies in Other manufacturing (NACE 32) in Wallonia publish total assets in recent accounts (financial years 2023 to 2026). The top 10 account for €349.0m, out of €590.0m for all of them; median total assets are 258,130 €. Nyxoah leads with €112.0m (financial year 2025).
Top 50 · Other manufacturing · Wallonia
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 | Nyxoah 1435 Mont-Saint-Guibert | €112.0m | €8.29m | €51.9m | 43.1 | 2025 |
| 2 | Eli Lilly European Clinical Trial Services 1435 Mont-Saint-Guibert | €57.4m | €270.4m | €4.96m | 32.8 | 2025 |
| 3 | Baobab Collection 1300 Wavre | €43.1m | €47.0m | €26.7m | 31.7 | 2025 |
| 4 | Analis 5020 Namur | €31.0m | €46.1m | €15.1m | 128.0 | 2025 |
| 5 | Saluc 7604 Péruwelz | €21.2m | €31.9m | €10.2m | 188.2 | 2025 |
| 6 | Jean Del'cour 4460 Grâce-Hollogne | €19.4m | €13.9m | €3.14m | 548.0 | 2025 |
| 7 | tapeservice 1480 Tubize | €17.2m | — | €4.68m | 11.3 | 2025 |
| 8 | Disposable Medical Equipment 7080 Frameries | €16.1m | €18.4m | €2.22m | 138.4 | 2025 |
| 9 | Gohy S.A. 4821 Dison | €16.0m | €31.5m | €4.18m | 25.6 | 2025 |
| 10 | Istar Medical 1300 Wavre | €15.6m | €1.85m | −€23.5m | 21.9 | 2025 |
| 11 | Circus Services 4000 Liège | €12.2m | €4.26m | €10.5m | 33.0 | 2025 |
| 12 | Optimized Radiochemical Applications 5600 Philippeville | €6.73m | — | €3.80m | — | 2025 |
| 13 | Man & Science 4000 Liège | €5.39m | — | €2.44m | 7.6 | 2025 |
| 14 | Medi Soft 5503 Dinant | €5.39m | €7.21m | €4.53m | 30.9 | 2026 |
| 15 | 3D-Side 1435 Mont-Saint-Guibert | €5.29m | — | €3.79m | 22.1 | 2025 |
| 16 | Euromi 4821 Dison | €5.14m | — | €1.61m | 8.9 | 2025 |
| 17 | Splin 4890 Thimister-Clermont | €5.11m | — | €4.58m | 12.0 | 2026 |
| 18 | Motion Medical Holding 6210 Les Bons Villers | €4.44m | — | €1.07m | 1.8 | 2025 |
| 19 | Livedrop 4000 Liège | €4.27m | — | €2.38m | 6.8 | 2025 |
| 20 | H & O Equipments 7822 Ath | €4.05m | — | €2.20m | 16.1 | 2026 |
| 21 | Creteur Orthopedie 7000 Mons | €3.80m | — | €2.29m | 39.9 | 2025 |
| 22 | A.C.S.V. Orthotec 4100 Seraing | €3.66m | — | €3.33m | — | 2025 |
| 23 | Garden & Pool 1435 Mont-Saint-Guibert | €3.61m | — | 851,079 € | 8.3 | 2025 |
| 24 | Tahiti Piscines 4340 Awans | €3.29m | — | 300,691 € | 3.0 | 2025 |
| 25 | Net-Optic 1480 Tubize | €3.12m | — | €1.69m | 11.5 | 2025 |
| 26 | Orthopedie Protechnik 7000 Mons | €2.87m | — | €1.87m | 18.2 | 2025 |
| 27 | Chirurgical Maintenance 4400 Flémalle | €2.66m | — | 778,402 € | 14.6 | 2025 |
| 28 | Maison Bruls 4960 Malmedy | €2.62m | — | €1.61m | 5.9 | 2025 |
| 29 | L'Entraide par le Travail d'Enghien et Environs 7850 Enghien | €2.62m | €2.36m | 323,288 € | 123.5 | 2025 |
| 30 | G.T.O. Orthopedie 6000 Charleroi | €2.48m | — | €1.18m | 16.3 | 2025 |
| 31 | Dental Quality 7180 Seneffe | €2.41m | — | 800,802 € | 9.7 | 2025 |
| 32 | Hanalei 1410 Waterloo | €2.29m | €4.26m | 198,970 € | 3.7 | 2026 |
| 33 | Hillrom Belgium 1420 Braine-l'Alleud | €2.21m | — | 989,670 € | 11.2 | 2025 |
| 34 | Europa Rollers Selection 7712 Mouscron | €2.17m | — | €1.49m | 8.0 | 2025 |
| 35 | Orobel 4000 Liège | €2.15m | — | €1.18m | 5.5 | 2025 |
| 36 | Dekocandle 7711 Mouscron | €2.00m | — | 437,116 € | 16.0 | 2026 |
| 37 | Instrumentation Difra 4700 Eupen | €1.94m | — | €1.37m | 9.9 | 2025 |
| 38 | Centre Wallon d'Orthopédie Générale 6530 Thuin | €1.83m | €4.03m | 679,774 € | 31.6 | 2025 |
| 39 | La Sartoise et Moulin 5031 Gembloux | €1.79m | — | €1.40m | — | 2025 |
| 40 | Techniques de Fixation et d'Assemblage 4460 Grâce-Hollogne | €1.76m | — | 841,682 € | 8.0 | 2025 |
| 41 | Adec Sport 5100 Namur | €1.76m | €2.83m | 785,228 € | 7.7 | 2025 |
| 42 | Laboratoire Dentaire Jacques 1410 Waterloo | €1.74m | — | 675,162 € | 11.6 | 2025 |
| 43 | Terragame Holding 5190 Jemeppe-sur-Sambre | €1.72m | — | €1.47m | 4.4 | 2023 |
| 44 | Atelier Dehaeseleer 7866 Lessines | €1.68m | €2.56m | 663,830 € | 0.3 | 2025 |
| 45 | Immo Orthotec 4100 Seraing | €1.63m | — | 291,247 € | — | 2025 |
| 46 | Deromla 6001 Charleroi | €1.63m | 167,959 € | 279,333 € | 1.6 | 2025 |
| 47 | POINT DE MIRE- LIEGE-RESEAU Solidaris 4100 Seraing | €1.59m | €3.08m | €1.11m | 16.0 | 2025 |
| 48 | Gestec Orthopédie 5020 Namur | €1.57m | — | €1.03m | 5.7 | 2025 |
| 49 | Orthopedie Mergaux S.P.R.L. 6720 Habay | €1.52m | — | €1.15m | 1.2 | 2025 |
| 50 | Orgelbau Schumacher - Manufacture d'Orgues Schumacher 4700 Eupen | €1.45m | — | 731,427 € | 10.3 | 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.
Other manufacturing across Belgium → All sectors · Wallonia →
Other sectors · Wallonia
- 01 Crop and animal production, hunting and related service activities2,551
- 02 Forestry and logging541
- 03 Fishing and aquaculture31
- 08 Other mining and quarrying121
- 09 Mining support service activities17
- 10 Manufacture of food products1,476
- 11 Manufacture of beverages275
- 13 Manufacture of textiles155
- 14 Manufacture of wearing apparel101
- 15 Manufacture of leather and related products of other materials18
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials442
- 17 Manufacture of paper and paper products57
- 18 Printing and reproduction of recorded media531
- 20 Manufacture of chemicals and chemical products240
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations178
- 22 Manufacture of rubber and plastic products196
- 23 Manufacture of other non-metallic mineral products441
- 24 Manufacture of basic metals140
- 25 Manufacture of fabricated metal products, except machinery and equipment1,528
- 26 Manufacture of computer, electronic and optical products210
- 27 Manufacture of electrical equipment185
- 28 Manufacture of machinery and equipment n.e.c.379
- 29 Manufacture of motor vehicles, trailers and semi-trailers114
- 30 Manufacture of other transport equipment56
- 31 Manufacture of furniture279
- 33 Repair, maintenance and installation of machinery and equipment653
- 35 Electricity, gas, steam and air conditioning supply275
- 36 Water collection, treatment and supply19
- 37 Sewerage67
- 38 Waste collection, recovery and disposal activities297
- 39 Remediation activities and other waste management service activities29
- 41 Construction of residential and non-residential buildings4,194
- 42 Civil engineering476
- 43 Specialised construction activities12,036
- 46 Wholesale trade8,103
- 47 Retail trade12,956
- 49 Land transport and transport via pipelines1,820
- 50 Water transport41
- 51 Air transport53
- 52 Warehousing, storage and support activities for transportation567
- 53 Postal and courier activities126
- 55 Accommodation1,322
- 56 Food and beverage service activities6,704
- 58 Publishing activities410
- 59 Motion picture, video and television programme production, sound recording and music publishing activities596
- 60 Programming, broadcasting, news agency and other content distribution activities69
- 61 Telecommunication130
- 62 Computer programming, consultancy and related activities5,398
- 63 Computing infrastructure, data processing, hosting and other information service activities468
- 64 Financial service activities, except insurance and pension funding3,809
- 65 Insurance, reinsurance and pension funding, except compulsory social security111
- 66 Activities auxiliary to financial services and insurance activities2,333
- 68 Real estate activities12,716
- 69 Legal and accounting activities5,344
- 70 Activities of head offices and management consultancy12,304
- 71 Architectural and engineering activities; technical testing and analysis3,982
- 72 Scientific research and development396
- 73 Activities of advertising, market research and public relations2,472
- 74 Other professional, scientific and technical activities1,210
- 75 Veterinary activities727
- 77 Rental and leasing activities793
- 78 Employment activities299
- 79 Travel agency, tour operator and other reservation service and related activities262
- 80 Investigation and security activities133
- 81 Services to buildings and landscape activities1,907
- 82 Office administrative, office support and other business support activities2,357
- 84 Public administration and defence; compulsory social security39
- 85 Education1,498
- 86 Human health activities14,910
- 87 Residential care activities736
- 88 Social work activities without accommodation561
- 90 Arts creation and performing arts activities659
- 91 Libraries, archives, museums and other cultural activities85
- 92 Gambling and betting activities46
- 93 Sports activities and amusement and recreation activities1,303
- 94 Activities of membership organisations326
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles1,291
- 96 Personal service activities1,967
Municipalities with the most companies in the sector · Wallonia
- 4000 Liège (Glain, Rocourt)17
- 1420 Braine-l'Alleud16
- 1410 Waterloo12
- 1300 Wavre (Limal)11
- 4100 Seraing (Boncelles)9
- 4030 Liège (Grivegnee)8
- 5000 Namur (Beez)7
- 5030 Gembloux (Beuzet, Ernage, Grand-Manil, …)7
- 1435 Mont-Saint-Guibert (Corbais, Hévillers)6
- 4020 Liège (Bressoux, Jupille-Sur-Meuse, Wandre)6
- 6000 Charleroi6
- 7000 Mons6
Frequently asked questions
Which is the largest company in Other manufacturing in Wallonia?
By total assets, it is Nyxoah (€112.0m, financial year 2025).
How many companies in Other manufacturing in Wallonia are ranked?
409 out of 424 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.