Ranking · Wallonia · NACE 72

Scientific research and development: highest revenue in Wallonia

As of 14 Nov 2026, 36 companies in Scientific research and development (NACE 72) in Wallonia publish their revenue in recent accounts (financial years 2024 to 2025). The top 10 account for €359.2m, out of €393.9m for all of them; median revenue is €1.49m. TotalEnergies OneTech Belgium leads with €96.0m (financial year 2025).

Top 36 · Scientific research and development · Wallonia

Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).

#Company Total assetsRevenue EquityFTEYear
1 TotalEnergies OneTech Belgium 7181 Seneffe €116.7m €96.0m €79.8m 297.7 2025
2 ViiV Healthcare 1300 Wavre €17.0m €63.3m €6.53m 21.8 2025
3 Baxter R and D Europe 7860 Lessines €52.7m €58.8m €30.5m 178.3 2025
4 STERIGENICS BELGIUM (Petit Rechain) 4800 Verviers €69.1m €44.1m €64.9m 93.8 2025
5 CER-Groupe 6900 Marche-en-Famenne €33.8m €22.4m €22.6m 150.6 2025
6 Estetra 4000 Liège €66.6m €21.0m −€2.04m 40.3 2025
7 Battlekart Europe 7711 Mouscron €11.7m €18.1m €7.14m 30.2 2025
8 Parexel Belgium 1300 Wavre €6.82m €13.1m €4.35m 63.1 2025
9 Diagenode 4102 Seraing €21.1m €11.9m €8.70m 100.5 2025
10 Eyed Pharma 4000 Liège €50.6m €10.5m €17.4m 29.0 2025
11 Inokura 4000 Liège €2.30m €6.42m 808,212 € 25.8 2025
12 MDxHealth 4040 Herstal €159.3m €4.16m €134.0m — 2025
13 Centre de Recherche en Aeronautique 6041 Charleroi €17.2m €3.17m €6.13m 72.1 2025
14 Multitel 7000 Mons €7.30m €2.76m €3.61m 85.6 2025
15 Materia Nova 7000 Mons €31.5m €2.58m €5.80m 75.4 2025
16 Natagora 5000 Namur €76.2m €2.23m €44.4m 140.7 2025
17 ERC Belgium 5032 Gembloux €11.6m €1.54m €2.54m 1.0 2025
18 Imcyse 4031 Liège €4.80m €1.53m −€33.4m 41.9 2024
19 Centre de Recherches de l'Industrie Belge de la Ceramique 7000 Mons €9.66m €1.45m €7.48m 27.4 2025
20 Centre de Recherche,d'Etude et de Formation Continue de la HELHA 7000 Mons €2.52m €1.36m €1.19m 8.6 2025
21 European Future Innovation System Centre 1348 Ottignies-Louvain-la-Neuve €1.42m €1.26m 284,426 € 3.6 2025
22 Institut de Securite Incendie - Instituut voor Brandveiliging 4030 Liège 342,047 € 850,250 € 215,114 € — 2025
23 Cercles des Naturalistes de Belgique 5670 Viroinval €1.90m 847,453 € €1.07m 41.5 2025
24 Centre d'Excellence en Technologies de l'Information et de la Communication 6041 Charleroi €6.29m 729,485 € €2.39m 55.2 2025
25 BioKuris 4040 Herstal €5.85m 700,235 € €1.05m 1.0 2025
26 Surfaces & Advanced Material Coatings 4000 Liège €6.61m 682,086 € €6.47m — 2025
27 Section Belge du Centre International de Recherches et d'Informations Sur l'Economie publique, sociale et coopérative 4000 Liège 635,255 € 565,290 € 524,841 € 7.0 2025
28 Wake Prediction Technologies 1348 Ottignies-Louvain-la-Neuve 779,558 € 492,809 € 623,702 € — 2025
29 Agra-OST 4780 Sankt Vith 994,364 € 489,000 € 834,877 € 4.8 2025
30 Faune & Biotopes - Fauna & Biotoop - Fauna & Biotop - Fauna & Biotopes 5002 Namur 600,455 € 348,743 € 467,944 € 8.6 2025
31 ADBDL Médecine et Sciences médicales 1300 Wavre 85,668 € 201,892 € 63,510 € 0.3 2025
32 Epicuris 4432 Ans €5.27m 164,183 € €2.94m 12.6 2025
33 Emes International Research Network 4000 Liège 689,778 € 139,860 € 388,365 € — 2025
34 Celyad Oncology 1435 Mont-Saint-Guibert €4.03m 21,000 € €2.24m 10.5 2025
35 Extracell Biotechnologies 4031 Liège 485 € 7,500 € −8,397 € — 2025
36 Earth Alive Clean Technologies Belgium 4000 Liège 305,468 € 2,200 € 126,273 € — 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.

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Frequently asked questions

Which company in Scientific research and development in Wallonia has the highest revenue?

TotalEnergies OneTech Belgium, with €96.0m 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 36 that publish it, out of 409 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.

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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.