Ranking · Manufacture of dairy products

Manufacture of dairy products: highest published revenue

41 Belgian companies in the sector (NACE 1051) publish their revenue in recent accounts; here are the top 20. FrieslandCampina Belgium leads with €1.51bn (financial year 2025).

Top 20

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

#Company Total assetsRevenue EquityFTEYear
1 FrieslandCampina Belgium 9880 Aalter €378.3m €1.51bn €115.8m 1,129.3 2025
2 Solarec 6800 Libramont-Chevigny €340.4m €943.3m €89.0m 401.2 2025
3 Milcobel Dairy 9120 Beveren-Kruibeke-Zwijndrecht €214.2m €781.2m −€37.9m 557.2 2025
4 Laiterie des Ardennes 6800 Libramont-Chevigny €198.0m €694.7m €113.9m 19.5 2025
5 S.A. Corman 4834 Limbourg €140.7m €523.5m €39.4m 397.2 2025
6 Inex 9520 Sint-Lievens-Houtem €155.5m €351.1m €113.5m 430.3 2025
7 Danone Rotselaar SP 3110 Rotselaar €1.60bn €298.2m €1.53bn 465.2 2025
8 Limelco 3520 Zonhoven €89.4m €275.3m €31.0m 173.2 2025
9 A-ware Dairy Products Belgium 9880 Aalter €49.3m €260.0m €16.3m 47.7 2025
10 Molkerei - Laiterie Walhorn 4711 Lontzen €76.2m €185.3m €45.4m 121.6 2025
11 Societe Agricole Belge 4711 Lontzen €18.7m €146.4m €5.15m 11.1 2025
12 Incopack 3650 Dilsen-Stokkem €85.4m €144.4m €65.8m 118.3 2025
13 Société fermière Rochefort Ardennes Etablissements Mathot 5580 Rochefort €35.0m €125.6m €8.69m 79.7 2025
14 St. Paul 9160 Lokeren €37.1m €88.8m €24.3m 25.3 2025
15 Capra 3545 Halen €34.7m €85.8m €20.8m 107.6 2025
16 Arla Foods Belgien 4840 Welkenraedt €28.9m €71.7m €18.7m 17.6 2025
17 Olympia 1540 Pajottegem €26.1m €62.3m −€36.3m 115.1 2025
18 Mondelez Namur Production 5020 Namur €31.5m €48.1m €14.5m 406.3 2025
19 Camal 4671 Blegny €13.4m €41.7m €8.94m 43.8 2025
20 Compagnie Fermière de l'Entre-Sambre-et-Meuse 6464 Chimay €7.24m €39.7m €2.49m 25.1 2025

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 Manufacture of dairy products has the highest revenue?

FrieslandCampina Belgium, with €1.51bn in revenue (financial year 2025).

How many Manufacture of dairy products companies publish their revenue?

41 out of 127, in accounts less than 3 years old. Small companies (micro and abridged accounts) are not required to publish it.

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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.