Manufacture of beverages
736 Belgian companies whose main activity falls under NACE code 11 have filed annual accounts. Their median solvency is 24.5% for financial year 2024.
Sector medians
Computed by IdonisDistribution 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.
| Indicator | 1st quartile | Median | 3rd quartile | Companies |
|---|---|---|---|---|
| Solvency | -6.5% | 24.5% | 52.1% | 650 |
| Current ratio | 0.58 | 1.19 | 2.24 | 641 |
| ROE | -12.6% | 3.7% | 16.3% | 453 |
| Equity | −8,065 € | 40,025 € | 335,223 € | 654 |
| Total assets | 72,842 € | 287,086 € | €1.24m | 653 |
| Net result | −23,983 € | −1,119 € | 17,682 € | 653 |
| Headcount (avg FTE) | 1.3 | 4.2 | 18.2 | 270 |
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 beverages
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 | Inbev Belgium 1070 Anderlecht | €10.5bn | €1.67bn | €2.26bn | 2,835.3 | 2025 |
| 2 | Coca-Cola Europacific Partners Belgium 1070 Anderlecht | €3.62bn | €1.57bn | €826.4m | 1,966.3 | 2025 |
| 3 | Boortmalt 2030 Antwerp | €829.9m | €502.6m | €89.7m | 73.4 | 2025 |
| 4 | Duvel Moortgat 2870 Puurs-Sint-Amands | €746.6m | €300.3m | €296.2m | 387.2 | 2025 |
| 5 | Alken-Maes 2800 Mechelen | €273.8m | €325.2m | €65.5m | 591.3 | 2025 |
| 6 | P.B.I. Fruit Juice Company 8380 Bruges | €153.4m | €213.2m | €103.6m | 250.7 | 2025 |
| 7 | Konings 3520 Zonhoven | €149.1m | €139.7m | €47.0m | 302.2 | 2025 |
| 8 | SPA MONOPOLE, Compagnie Fermière de Spa 4900 Spa | €130.2m | €155.1m | €27.5m | 494.5 | 2025 |
| 9 | Brouwerij Martens 3950 Bocholt | €127.4m | €240.4m | €30.8m | 296.6 | 2025 |
| 10 | Brouwerij-Handelsmaatschappij 3190 Boortmeerbeek | €110.1m | €6.98m | €104.0m | 1.7 | 2025 |
| 11 | La Martiniquaise Benelux 9000 Ghent | €96.9m | €57.7m | €74.3m | 55.7 | 2025 |
| 12 | Schweppes Suntory Benelux 1560 Hoeilaart | €87.5m | €141.6m | €38.4m | 109.0 | 2025 |
| 13 | Culligan Belgium 1840 Londerzeel | €73.2m | €45.1m | €6.47m | 186.0 | 2025 |
| 14 | Brouwerij Haacht 3190 Boortmeerbeek | €71.9m | €98.1m | €15.5m | 347.2 | 2025 |
| 15 | Bockhold 3950 Bocholt | €69.7m | — | €19.6m | 7.9 | 2025 |
| 16 | Brasserie d'Orval 6823 Florenville | €67.3m | €30.2m | €54.6m | 42.3 | 2025 |
| 17 | Brouwerij der Trappisten van Westmalle 2390 Malle | €59.4m | €31.4m | €46.9m | 52.4 | 2025 |
| 18 | Abbaye Notre-Dame de Saint-Remy 5580 Rochefort | €56.4m | — | €55.9m | 13.6 | 2025 |
| 19 | Brasserie des Trappistes de Rochefort 5580 Rochefort | €56.2m | €20.8m | €7.57m | 21.4 | 2025 |
| 20 | Kasteel Brouwerij Vanhonsebrouck 8870 Izegem | €52.8m | €56.7m | €12.3m | 97.7 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
Where are they based?
Municipalities with the most
- 1070 Anderlecht11
- 9000 Ghent10
- 3500 Hasselt (Sint-Lambrechts-Herk)9
- 4000 Liège (Glain, Rocourt)8
- 5030 Gembloux (Beuzet, Ernage, Grand-Manil, …)8
- 9700 Oudenaarde (Bevere, Edelare, Eine, …)8
- 8500 Kortrijk7
- 3700 Tongeren-Borgloon (Berg, Diets-Heur, Haren, …)6
- 1050 Ixelles5
- 9100 Sint-Niklaas (Nieuwkerken-Waas)5
- 9940 Evergem (Ertvelde, Kluizen, Sleidinge)5
- 1000 Brussels4
Manufacture of beverages: rankings by region and province
The largest companies in the sector in each region and province, by municipality of the registered office. A ranking is published once 10 companies in the sector publish the figure there.
| Area | Total assets | Revenue | Headcount |
|---|---|---|---|
| Flanders | Largest | Revenue | Employers |
| Wallonia | Largest | Revenue | Employers |
| Brussels | Largest | — | Employers |
| Antwerp province | Largest | Revenue | Employers |
| Flemish Brabant | Largest | Revenue | Employers |
| Limburg | Largest | — | Employers |
| East Flanders | Largest | — | Employers |
| West Flanders | Largest | — | Employers |
| Walloon Brabant | Largest | — | Employers |
| Hainaut | Largest | Revenue | Employers |
| Liège province | Largest | — | Employers |
| Luxembourg province | Largest | — | Employers |
| Namur province | Largest | — | Employers |
Sub-sectors
Frequently asked questions
How many Manufacture of beverages companies are there in Belgium?
736 Belgian companies whose main activity falls under NACE code 11 (Manufacture of beverages) have filed annual accounts with the National Bank.
What is the median solvency in Manufacture of beverages?
For financial year 2024, median solvency (equity over total assets) is 24.5%. The middle half of companies lies between -6.5% and 52.1% (650 companies).
What is the largest company in Manufacture of beverages?
By total assets, it is Inbev Belgium (€10.5bn, financial year 2025).
Where are Manufacture of beverages companies based?
The municipalities with the most: Anderlecht (11), Ghent (10), Hasselt (9).
Analyse companies in Manufacture of beverages
Filter these companies by size, soundness and trend, follow them and get an alert when their accounts or publications change.
Open the full file →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 13 Nov 2026.