Sector · NACE 1051

Manufacture of dairy products

127 Belgian companies whose main activity falls under NACE code 1051 have filed annual accounts. Their median solvency is 33.2% for financial year 2024.

Companies127
Median solvency33.2%
Median equity331,403 €
Median headcount (FTE)10.4
Founded in the last 3 years5

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 10.4%33.2%57.7% 118
Current ratio 0.891.311.82 117
ROE 0.7%9.0%23.1% 100
Equity 36,778 €331,403 €€2.43m 118
Total assets 329,064 €€1.68m€10.3m 118
Net result −6,393 €23,129 €334,097 € 118
Headcount (avg FTE) 3.610.434.6 83

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Manufacture of dairy products

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Danone Rotselaar SP 3110 Rotselaar €1.60bn €298.2m €1.53bn 465.2 2025
2 FrieslandCampina Belgium 9880 Aalter €378.3m €1.51bn €115.8m 1,129.3 2025
3 Solarec 6800 Libramont-Chevigny €340.4m €943.3m €89.0m 401.2 2025
4 Milcobel Dairy 9120 Beveren-Kruibeke-Zwijndrecht €214.2m €781.2m −€37.9m 557.2 2025
5 Laiterie des Ardennes 6800 Libramont-Chevigny €198.0m €694.7m €113.9m 19.5 2025
6 Inex 9520 Sint-Lievens-Houtem €155.5m €351.1m €113.5m 430.3 2025
7 S.A. Corman 4834 Limbourg €140.7m €523.5m €39.4m 397.2 2025
8 Limelco 3520 Zonhoven €89.4m €275.3m €31.0m 173.2 2025
9 Incopack 3650 Dilsen-Stokkem €85.4m €144.4m €65.8m 118.3 2025
10 Molkerei - Laiterie Walhorn 4711 Lontzen €76.2m €185.3m €45.4m 121.6 2025
11 A-ware Dairy Products Belgium 9880 Aalter €49.3m €260.0m €16.3m 47.7 2025
12 Castle Ingredients 4800 Verviers €43.5m — €13.8m 15.1 2025
13 St. Paul 9160 Lokeren €37.1m €88.8m €24.3m 25.3 2025
14 Société fermière Rochefort Ardennes Etablissements Mathot 5580 Rochefort €35.0m €125.6m €8.69m 79.7 2025
15 Capra 3545 Halen €34.7m €85.8m €20.8m 107.6 2025
16 Mondelez Namur Production 5020 Namur €31.5m €48.1m €14.5m 406.3 2025
17 Arla Foods Belgien 4840 Welkenraedt €28.9m €71.7m €18.7m 17.6 2025
18 Olympia 1540 Pajottegem €26.1m €62.3m −€36.3m 115.1 2025
19 Eurodesserts 3580 Beringen €23.2m €25.2m €21.2m 54.8 2025
20 Fromunion 1050 Ixelles €20.6m €36.3m €12.9m 94.9 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

See all 127 companies, full list →

Related sectors

← The whole Manufacture of food products sector (NACE 10)

Frequently asked questions

How many Manufacture of dairy products companies are there in Belgium?

127 Belgian companies whose main activity falls under NACE code 1051 (Manufacture of dairy products) have filed annual accounts with the National Bank.

What is the median solvency in Manufacture of dairy products?

For financial year 2024, median solvency (equity over total assets) is 33.2%. The middle half of companies lies between 10.4% and 57.7% (118 companies).

What is the largest company in Manufacture of dairy products?

By total assets, it is Danone Rotselaar SP (€1.60bn, financial year 2025).

Where are Manufacture of dairy products companies based?

The municipalities with the most: Aalter (4), Nivelles (3), Herve (3).

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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.