Ranking · Wallonia · NACE 70
Activities of head offices and management consultancy: the largest employers in Wallonia
As of 14 Nov 2026, 1,072 companies in Activities of head offices and management consultancy (NACE 70) in Wallonia report employees in recent accounts (financial years 2023 to 2026). The 10 largest employers account for 1,673.3 FTE, out of 5,706 for all of them; median headcount is 1 FTE. HQ1 leads with 354.7 FTE (financial year 2025).
Top 50 · Activities of head offices and management consultancy · Wallonia
Ranked by average headcount (FTE) reported 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 | Industrial Consulting Automation Research Engineering 7000 Mons | €58.2m | €49.2m | €18.1m | 332.5 | 2024 |
| 3 | UCM Groupe Social et Economique 5100 Namur | €11.0m | — | €1.79m | 286.0 | 2025 |
| 4 | UTVA "Sport et Bio" 7130 Binche | €6.98m | €5.80m | €5.67m | 220.6 | 2023 |
| 5 | Optimal Informatic Services 1301 Wavre | €1.97m | — | 624,640 € | 102.1 | 2025 |
| 6 | Newpharma Group 4020 Liège | €109.2m | €60.9m | €86.8m | 100.9 | 2026 |
| 7 | Globalization Partners Belgium 6041 Charleroi | €4.85m | €17.9m | €1.56m | 80.8 | 2025 |
| 8 | Stantec 1310 La Hulpe | €21.6m | €26.3m | €8.28m | 66.1 | 2025 |
| 9 | ABB Installation Products European Centre 7110 La Louvière | €12.2m | €21.0m | €5.67m | 65.3 | 2025 |
| 10 | EASI Group 1400 Nivelles | €35.4m | €11.0m | €11.7m | 64.3 | 2025 |
| 11 | European Business Operations & Services 7700 Mouscron | €5.82m | €6.31m | 327,824 € | 64.0 | 2025 |
| 12 | Fiduciaire Bovy 7030 Mons | €3.79m | — | 844,854 € | 55.7 | 2024 |
| 13 | Laral 1402 Nivelles | €7.68m | €6.45m | €6.13m | 53.8 | 2026 |
| 14 | Groupe Autosecurite 4800 Verviers | €81.1m | €7.54m | €15.8m | 53.2 | 2025 |
| 15 | WE Accompagnement et Stratégie 4000 Liège | €21.4m | 242,791 € | €1.41m | 52.5 | 2025 |
| 16 | Etreac Consulting 5004 Namur | €2.42m | — | €1.57m | 51.6 | 2025 |
| 17 | M.G. Finances 1440 Braine-le-Château | €65.7m | €16.0m | €24.7m | 50.3 | 2023 |
| 18 | Prova 5100 Namur | €61.8m | €12.5m | €49.0m | 48.1 | 2025 |
| 19 | Solvint 1410 Waterloo | €2.65m | — | 197,420 € | 48.1 | 2025 |
| 20 | BBK Expansion 5020 Namur | €2.61m | €9.52m | −€1.93m | 43.6 | 2023 |
| 21 | Exquando 1300 Wavre | €2.25m | — | €1.14m | 43.4 | 2025 |
| 22 | Groupe Terre asbl 4040 Herstal | €6.38m | — | €4.16m | 41.8 | 2025 |
| 23 | Climact 1348 Ottignies-Louvain-la-Neuve | €3.92m | — | 637,262 € | 41.5 | 2025 |
| 24 | Thomas & Piron Holding 6852 Paliseul | €574.6m | €12.0m | €156.6m | 39.1 | 2025 |
| 25 | Carmeuse Coordination Center 1348 Ottignies-Louvain-la-Neuve | €58.6m | €83.1m | €3.75m | 38.8 | 2025 |
| 26 | PORR Government Services Benelux 1370 Jodoigne | €16.8m | €17.8m | €10.4m | 36.4 | 2025 |
| 27 | Burogest Office Park 5101 Namur | €1.22m | — | 62,504 € | 35.9 | 2024 |
| 28 | Smart Team 6000 Charleroi | 672,387 € | — | 156,735 € | 35.2 | 2025 |
| 29 | ACD Nettoyage 4032 Liège | €1.48m | — | 415,408 € | 34.7 | 2025 |
| 30 | EMIL FREY Belgique SA 4340 Awans | €101.3m | €6.68m | €27.8m | 34.6 | 2025 |
| 31 | F-J-M 6060 Charleroi | €2.57m | — | 882,564 € | 32.4 | 2025 |
| 32 | E.B.A 4140 Sprimont | €13.0m | €10.1m | 836,848 € | 32.4 | 2025 |
| 33 | Expansion Partners 5100 Namur | €2.35m | — | 825,511 € | 32.0 | 2025 |
| 34 | Altesia Finance 1332 Rixensart | €1.73m | — | 384,784 € | 30.8 | 2025 |
| 35 | EQSO 7080 Frameries | €11.2m | €5.11m | 873,151 € | 30.1 | 2025 |
| 36 | Enercetec 5070 Fosses-la-Ville | 955,313 € | — | 213,388 € | 29.0 | 2025 |
| 37 | Soil Capital Belgium 1348 Ottignies-Louvain-la-Neuve | €12.6m | — | €7.83m | 28.3 | 2026 |
| 38 | Cabot Performance Materials Belgium 4860 Pepinster | €4.90m | €8.23m | €3.36m | 27.0 | 2025 |
| 39 | AB Holding 5590 Ciney | €19.3m | €2.97m | €9.93m | 25.5 | 2023 |
| 40 | Groupe Jean Nonet 5190 Jemeppe-sur-Sambre | €25.1m | €4.15m | €3.58m | 23.3 | 2025 |
| 41 | Hourez Consult 6200 Châtelet | €1.06m | — | 258,462 € | 22.7 | 2025 |
| 42 | Stone Service Center 7060 Soignies | €124.2m | €5.58m | €85.2m | 22.6 | 2025 |
| 43 | Banqup Group 1310 La Hulpe | €328.9m | €12.9m | €252.8m | 21.8 | 2025 |
| 44 | Biorius 1300 Wavre | €10.4m | — | €1.35m | 21.7 | 2025 |
| 45 | Solidarité des Alternatives Wallonnes et Bruxelloises 6031 Charleroi | 991,848 € | 214,397 € | 295,820 € | 21.6 | 2025 |
| 46 | Aide à la Décision Economique 1348 Ottignies-Louvain-la-Neuve | €4.52m | €5.82m | €1.24m | 21.6 | 2025 |
| 47 | Socagest 6870 Saint-Hubert | €6.95m | — | €3.29m | 21.5 | 2025 |
| 48 | DCA Management 5060 Sambreville | €2.66m | — | 354,579 € | 21.1 | 2025 |
| 49 | EKLO 4000 Liège | €2.94m | — | 515,275 € | 21.1 | 2025 |
| 50 | Kalicoop 4000 Liège | 852,252 € | — | 153,515 € | 20.8 | 2024 |
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. Headcount reported by the company for all its sites: the jobs may be located elsewhere.
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
Activities of head offices and management consultancy across Belgium → All sectors · Wallonia →
Other sectors · Wallonia
- 01 Crop and animal production, hunting and related service activities780
- 02 Forestry and logging194
- 08 Other mining and quarrying77
- 10 Manufacture of food products965
- 11 Manufacture of beverages98
- 13 Manufacture of textiles80
- 14 Manufacture of wearing apparel32
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials221
- 17 Manufacture of paper and paper products44
- 18 Printing and reproduction of recorded media183
- 20 Manufacture of chemicals and chemical products154
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations70
- 22 Manufacture of rubber and plastic products140
- 23 Manufacture of other non-metallic mineral products267
- 24 Manufacture of basic metals97
- 25 Manufacture of fabricated metal products, except machinery and equipment863
- 26 Manufacture of computer, electronic and optical products110
- 27 Manufacture of electrical equipment94
- 28 Manufacture of machinery and equipment n.e.c.245
- 29 Manufacture of motor vehicles, trailers and semi-trailers62
- 30 Manufacture of other transport equipment32
- 31 Manufacture of furniture147
- 32 Other manufacturing184
- 33 Repair, maintenance and installation of machinery and equipment290
- 35 Electricity, gas, steam and air conditioning supply55
- 37 Sewerage34
- 38 Waste collection, recovery and disposal activities185
- 39 Remediation activities and other waste management service activities12
- 41 Construction of residential and non-residential buildings1,635
- 42 Civil engineering231
- 43 Specialised construction activities4,772
- 46 Wholesale trade3,106
- 47 Retail trade6,426
- 49 Land transport and transport via pipelines954
- 50 Water transport13
- 52 Warehousing, storage and support activities for transportation248
- 53 Postal and courier activities44
- 55 Accommodation497
- 56 Food and beverage service activities3,655
- 58 Publishing activities116
- 59 Motion picture, video and television programme production, sound recording and music publishing activities117
- 60 Programming, broadcasting, news agency and other content distribution activities19
- 61 Telecommunication45
- 62 Computer programming, consultancy and related activities855
- 63 Computing infrastructure, data processing, hosting and other information service activities56
- 64 Financial service activities, except insurance and pension funding460
- 65 Insurance, reinsurance and pension funding, except compulsory social security30
- 66 Activities auxiliary to financial services and insurance activities976
- 68 Real estate activities1,204
- 69 Legal and accounting activities1,756
- 71 Architectural and engineering activities; technical testing and analysis708
- 72 Scientific research and development141
- 73 Activities of advertising, market research and public relations285
- 74 Other professional, scientific and technical activities118
- 75 Veterinary activities173
- 77 Rental and leasing activities148
- 78 Employment activities145
- 79 Travel agency, tour operator and other reservation service and related activities124
- 80 Investigation and security activities39
- 81 Services to buildings and landscape activities738
- 82 Office administrative, office support and other business support activities285
- 84 Public administration and defence; compulsory social security25
- 85 Education560
- 86 Human health activities1,816
- 87 Residential care activities621
- 88 Social work activities without accommodation415
- 90 Arts creation and performing arts activities144
- 91 Libraries, archives, museums and other cultural activities63
- 92 Gambling and betting activities27
- 93 Sports activities and amusement and recreation activities459
- 94 Activities of membership organisations223
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles524
- 96 Personal service activities823
Municipalities with the most companies in the sector · Wallonia
- 1380 Lasne (Couture-Saint-Germain, Lasne-Chapelle-Saint-Lambert, Maransart, …)466
- 1410 Waterloo451
- 4000 Liège (Glain, Rocourt)374
- 1300 Wavre (Limal)278
- 1420 Braine-l'Alleud221
- 1390 Grez-Doiceau (Archennes, Biez, Bossut-Gottechain, …)209
- 1325 Chaumont-Gistoux (Bonlez, Corroy-Le-Grand, Dion-Valmont, …)196
- 1330 Rixensart172
- 1400 Nivelles (Monstreux)158
- 1310 La Hulpe136
- 5100 Namur (Dave, Jambes, Naninne, …)136
- 4020 Liège (Bressoux, Jupille-Sur-Meuse, Wandre)125
Frequently asked questions
Which is the largest employer in Activities of head offices and management consultancy in Wallonia?
Among companies, HQ1, with 354.7 full-time equivalents reported (financial year 2025).
Are all the jobs located in the area?
Not necessarily: headcount is reported by the company for all its sites, and the company is ranked by the address of its registered office. 1,072 out of 12,445 companies in the sector report employees there.
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 14 Nov 2026.