Manufacture of paints, varnishes and similar coatings, printing ink and mastics: highest published revenue
27 Belgian companies in the sector (NACE 2030) publish their revenue in recent accounts; here are the top 20. Sun Chemical leads with €243.3m (financial year 2025).
Top 20
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Sun Chemical 1300 Wavre | €169.9m | €243.3m | €73.8m | 66.6 | 2025 |
| 2 | Akzo Nobel Paints Belgium 1800 Vilvoorde | €145.2m | €145.1m | €46.9m | 300.3 | 2025 |
| 3 | Eftec 3600 Genk | €47.5m | €114.5m | €1.44m | 87.7 | 2025 |
| 4 | Lawter Europe 9130 Beveren-Kruibeke-Zwijndrecht | €93.7m | €91.9m | €72.8m | 125.8 | 2025 |
| 5 | Fenzi Belgium 1800 Vilvoorde | €42.5m | €88.4m | €32.3m | 100.7 | 2025 |
| 6 | DL Chemicals Detaellenaere-Loosvelt 8793 Waregem | €55.6m | €68.8m | €22.7m | 144.2 | 2025 |
| 7 | Boss Paints 8791 Waregem | €42.3m | €64.5m | €15.2m | 220.2 | 2025 |
| 8 | European Master Batch 2880 Bornem | €30.5m | €59.3m | €8.76m | 110.3 | 2025 |
| 9 | Martin Mathys 3545 Halen | €45.5m | €56.8m | €12.9m | 172.7 | 2026 |
| 10 | Toyo INK Europe 2845 Niel | €32.9m | €38.2m | €6.21m | 125.2 | 2025 |
| 11 | Axalta Coating Systems Belgium 2800 Mechelen | €290.9m | €33.9m | €285.0m | 56.8 | 2025 |
| 12 | Chemours Belgium 9130 Beveren | €30.1m | €31.9m | €19.9m | 130.1 | 2025 |
| 13 | Muylle-Facon 8870 Izegem | €30.6m | €26.9m | €11.1m | 66.8 | 2025 |
| 14 | Aalterpaint 9880 Aalter | €11.8m | €24.7m | €6.41m | 47.6 | 2025 |
| 15 | Forever Products 6180 Courcelles | €13.5m | €24.2m | €8.42m | 44.3 | 2025 |
| 16 | Mctechnics 4600 Visé | €11.6m | €24.0m | €9.47m | 12.9 | 2025 |
| 17 | NOF Metal Coatings Europe 2280 Grobbendonk | €10.3m | €23.2m | €7.76m | 32.3 | 2025 |
| 18 | Sarex Belgium 4731 Raeren | €22.8m | €22.0m | €20.0m | 26.3 | 2025 |
| 19 | Professional Paint Company 3980 Tessenderlo-Ham | €7.41m | €16.1m | €1.59m | 20.3 | 2025 |
| 20 | ALL Chemie Belgium 3560 Lummen | €7.98m | €15.3m | €2.11m | 22.8 | 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 paints, varnishes and similar coatings, printing ink and mastics has the highest revenue?
Sun Chemical, with €243.3m in revenue (financial year 2025).
How many Manufacture of paints, varnishes and similar coatings, printing ink and mastics companies publish their revenue?
27 out of 101, in accounts less than 3 years old. Small companies (micro and abridged accounts) are not required to publish it.
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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 14 Nov 2026.