Ranking · West Flanders · NACE 68
Real estate activities: the largest companies in West Flanders
As of 12 Nov 2026, 7,121 companies in Real estate activities (NACE 68) in West Flanders publish total assets in recent accounts (financial years 2023 to 2026). The top 10 account for €5.08bn, out of €29.4bn for all of them; median total assets are 937,540 €. Maatschappij TOT Exploitatie van Immobilien leads with €1.11bn (financial year 2025).
Top 50 · Real estate activities · West Flanders
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 | Maatschappij TOT Exploitatie van Immobilien 8790 Waregem | €1.11bn | €28.3m | €327.2m | 83.8 | 2025 |
| 2 | Abacus Invest 8790 Waregem | €618.4m | — | €571.6m | — | 2025 |
| 3 | Vivendo 8000 Bruges | €605.9m | €44.9m | €120.0m | 75.1 | 2025 |
| 4 | Thuiswest 8800 Roeselare | €603.0m | €40.8m | €148.4m | 90.9 | 2025 |
| 5 | Bremhove 8750 Wingene | €498.9m | €15.0m | €298.7m | 17.2 | 2025 |
| 6 | SW+ 8500 Kortrijk | €401.7m | €24.2m | €67.0m | 56.5 | 2025 |
| 7 | Ghelamco Invest 8900 Ypres | €373.0m | €38.6m | €91.2m | — | 2025 |
| 8 | Woonmaatschappij VIVUS 8530 Harelbeke | €304.0m | €19.5m | €63.8m | 34.8 | 2025 |
| 9 | Fremato Group 8790 Waregem | €285.2m | €34.0m | €47.0m | — | 2025 |
| 10 | Athelean 8300 Knokke-Heist | €276.4m | — | €133.8m | 1.0 | 2025 |
| 11 | Koinon 8890 Moorslede | €257.3m | €1.02m | €257.0m | 1.9 | 2025 |
| 12 | Matexi Projects 8790 Waregem | €243.0m | €196.8m | €49.4m | 113.3 | 2025 |
| 13 | Cecan 8500 Kortrijk | €235.9m | — | €216.5m | — | 2025 |
| 14 | !Mpuls Menen-Wervik 8930 Menen | €213.9m | €13.2m | €62.4m | 33.4 | 2025 |
| 15 | Versluys Real Estate 8400 Ostend | €183.1m | €9.67m | €55.6m | 5.1 | 2025 |
| 16 | Woonmaatschappij Ijzer en Zee 8630 Veurne | €182.3m | €18.0m | €39.0m | 30.6 | 2025 |
| 17 | WM Elan 8550 Zwevegem | €179.4m | €11.0m | €40.3m | 26.8 | 2025 |
| 18 | Cecan Media 8500 Kortrijk | €169.7m | — | €153.7m | — | 2025 |
| 19 | Harmony Industries 8710 Wielsbeke | €167.4m | — | €75.8m | — | 2025 |
| 20 | Immo Potijzer 8511 Kortrijk | €151.9m | €6.94m | €47.8m | — | 2025 |
| 21 | POC Partners 8800 Roeselare | €141.3m | €3.56m | €81.5m | 8.9 | 2025 |
| 22 | Ons Onderdak 8900 Ypres | €136.8m | €11.5m | €34.7m | 23.3 | 2025 |
| 23 | Zetus 8370 Blankenberge | €136.5m | — | €10.5m | 25.9 | 2025 |
| 24 | Immo Euro 8800 Roeselare | €134.6m | €5.53m | €60.0m | 2.5 | 2025 |
| 25 | Degroote Real Estate Development 8400 Ostend | €119.0m | €37.9m | €67.1m | — | 2025 |
| 26 | Global Rental Properties 8020 Oostkamp | €114.1m | €4.36m | €8.21m | — | 2025 |
| 27 | Groep Caenen Capital Fund 8430 Middelkerke | €113.1m | €10.6m | €3.91m | — | 2025 |
| 28 | VDB Group 8800 Roeselare | €111.3m | — | €87.0m | 10.2 | 2025 |
| 29 | Immobiliere Cogimes 8900 Ypres | €109.4m | — | €24.6m | — | 2025 |
| 30 | Verhelst Group 8400 Ostend | €106.9m | 190,870 € | €33.3m | 18.8 | 2025 |
| 31 | Blauwe Toren 8020 Oostkamp | €101.2m | — | €61.3m | — | 2025 |
| 32 | Terbassenwei 8680 Koekelare | €98.6m | — | €67.2m | — | 2025 |
| 33 | Opex Group 8800 Roeselare | €98.2m | — | €79.2m | 1.0 | 2025 |
| 34 | Woonstart 8700 Tielt | €97.5m | €7.33m | €15.5m | 17.1 | 2025 |
| 35 | Immoveld 8300 Knokke-Heist | €97.5m | — | €62.8m | — | 2025 |
| 36 | Mimmo 8790 Waregem | €92.7m | — | €16.4m | 0.5 | 2025 |
| 37 | NHV Invest 8400 Ostend | €91.6m | €16.9m | €20.7m | — | 2025 |
| 38 | Digrom Immo 8850 Ardooie | €90.2m | €10.2m | €32.3m | — | 2025 |
| 39 | Danneels Projects 8200 Bruges | €88.1m | €20.3m | €31.3m | 2.4 | 2025 |
| 40 | Compagnie Le Zoute 8300 Knokke-Heist | €81.8m | €2.90m | €69.8m | 13.3 | 2025 |
| 41 | Danneels Development 8200 Bruges | €80.0m | €9.21m | €46.0m | 7.2 | 2025 |
| 42 | Telifra 8940 Wervik | €79.1m | €3.91m | €78.0m | 10.0 | 2025 |
| 43 | VDD Project Development 8000 Bruges | €76.8m | €2.64m | €7.61m | 4.2 | 2025 |
| 44 | Cennini Holding 8800 Roeselare | €72.8m | €1.52m | €68.5m | 1.3 | 2025 |
| 45 | Novus 8000 Bruges | €70.1m | €10.2m | €42.3m | 1.6 | 2025 |
| 46 | Konvert Service 8500 Kortrijk | €66.9m | — | €62.3m | 60.7 | 2025 |
| 47 | CECO 8700 Tielt | €63.9m | — | €61.7m | — | 2025 |
| 48 | The Dome 8000 Bruges | €63.0m | — | 829,776 € | — | 2025 |
| 49 | Rock Izegem 8020 Oostkamp | €63.0m | — | €32.1m | — | 2025 |
| 50 | Sogimes 8900 Ypres | €62.5m | — | €3.43m | — | 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.
Real estate activities across Belgium → All sectors · West Flanders →
Other sectors · West Flanders
- 01 Crop and animal production, hunting and related service activities1,348
- 02 Forestry and logging23
- 03 Fishing and aquaculture80
- 08 Other mining and quarrying10
- 10 Manufacture of food products739
- 11 Manufacture of beverages76
- 13 Manufacture of textiles334
- 14 Manufacture of wearing apparel70
- 15 Manufacture of leather and related products of other materials10
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials260
- 17 Manufacture of paper and paper products41
- 18 Printing and reproduction of recorded media267
- 20 Manufacture of chemicals and chemical products90
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations39
- 22 Manufacture of rubber and plastic products136
- 23 Manufacture of other non-metallic mineral products208
- 24 Manufacture of basic metals54
- 25 Manufacture of fabricated metal products, except machinery and equipment1,018
- 26 Manufacture of computer, electronic and optical products76
- 27 Manufacture of electrical equipment107
- 28 Manufacture of machinery and equipment n.e.c.285
- 29 Manufacture of motor vehicles, trailers and semi-trailers71
- 30 Manufacture of other transport equipment29
- 31 Manufacture of furniture221
- 32 Other manufacturing137
- 33 Repair, maintenance and installation of machinery and equipment473
- 35 Electricity, gas, steam and air conditioning supply153
- 37 Sewerage24
- 38 Waste collection, recovery and disposal activities169
- 41 Construction of residential and non-residential buildings1,926
- 42 Civil engineering255
- 43 Specialised construction activities6,772
- 46 Wholesale trade4,611
- 47 Retail trade4,831
- 49 Land transport and transport via pipelines1,375
- 50 Water transport34
- 51 Air transport28
- 52 Warehousing, storage and support activities for transportation264
- 53 Postal and courier activities84
- 55 Accommodation766
- 56 Food and beverage service activities3,146
- 58 Publishing activities118
- 59 Motion picture, video and television programme production, sound recording and music publishing activities104
- 60 Programming, broadcasting, news agency and other content distribution activities22
- 61 Telecommunication47
- 62 Computer programming, consultancy and related activities1,723
- 63 Computing infrastructure, data processing, hosting and other information service activities327
- 64 Financial service activities, except insurance and pension funding5,039
- 65 Insurance, reinsurance and pension funding, except compulsory social security38
- 66 Activities auxiliary to financial services and insurance activities1,124
- 69 Legal and accounting activities2,124
- 70 Activities of head offices and management consultancy5,929
- 71 Architectural and engineering activities; technical testing and analysis1,600
- 72 Scientific research and development75
- 73 Activities of advertising, market research and public relations816
- 74 Other professional, scientific and technical activities451
- 75 Veterinary activities232
- 77 Rental and leasing activities428
- 78 Employment activities180
- 79 Travel agency, tour operator and other reservation service and related activities125
- 80 Investigation and security activities51
- 81 Services to buildings and landscape activities840
- 82 Office administrative, office support and other business support activities1,581
- 84 Public administration and defence; compulsory social security16
- 85 Education347
- 86 Human health activities4,164
- 87 Residential care activities132
- 88 Social work activities without accommodation154
- 90 Arts creation and performing arts activities224
- 91 Libraries, archives, museums and other cultural activities21
- 92 Gambling and betting activities19
- 93 Sports activities and amusement and recreation activities451
- 94 Activities of membership organisations52
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles504
- 96 Personal service activities638
Municipalities with the most companies in the sector · West Flanders
- 8300 Knokke-Heist (Knokke, Westkapelle)732
- 8800 Roeselare (Beveren, Oekene, Rumbeke)413
- 8500 Kortrijk410
- 8400 Ostend (Stene, Zandvoorde)319
- 8000 Bruges (Koolkerke)308
- 8790 Waregem286
- 8670 Koksijde (Oostduinkerke, Wulpen)242
- 8020 Oostkamp (Hertsberge, Ruddervoorde, Waardamme)200
- 8200 Bruges (Sint-Andries, Sint-Michiels)188
- 8560 Wevelgem (Gullegem, Moorsele)163
- 8900 Ypres (Brielen, Dikkebus, Sint-Jan)150
- 8620 Nieuwpoort (Ramskapelle, Sint-Joris)129
Frequently asked questions
Which is the largest company in Real estate activities in West Flanders?
By total assets, it is Maatschappij TOT Exploitatie van Immobilien (€1.11bn, financial year 2025).
How many companies in Real estate activities in West Flanders are ranked?
7,121 out of 7,214 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.