Sector · NACE 46

Wholesale trade

38,936 Belgian companies whose main activity falls under NACE code 46 have filed annual accounts. Their median solvency is 41.7% for financial year 2024.

Companies38,936
Median solvency41.7%
Median equity163,430 €
Median headcount (FTE)3.4
Founded in the last 3 years1,844

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 14.2%41.7%69.9% 34,495
Current ratio 0.931.532.99 33,978
ROE 0.3%9.4%25.7% 29,255
Equity 23,850 €163,430 €700,234 € 34,897
Total assets 131,973 €484,283 €€1.74m 34,806
Net result −3,112 €12,208 €74,572 € 34,812
Headcount (avg FTE) 1.03.49.7 15,193

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: Wholesale trade

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

#Company Total assetsRevenue EquityFTEYear
1 Toyota Motor Europe 1140 Evere €14.3bn €38.5bn €6.76bn 2,787.2 2026
2 Pfizer Service Company 1932 Zaventem €14.2bn €31.9bn €135.6m 221.3 2025
3 Bridgestone Europe NV/SA 1930 Zaventem €4.89bn €3.89bn €2.33bn 429.5 2025
4 Avnet Europe 1831 Machelen (Brab.) €3.77bn €2.84bn €1.26bn 216.1 2025
5 Viatris International Supply Point 1560 Hoeilaart €3.12bn €2.30bn €1.42bn 40.0 2025
6 Yazaki Europe Middle East Africa 3560 Lummen €3.09bn €109.6m €628.6m 17.5 2025
7 D'Ieteren Group 1050 Ixelles €2.66bn — €2.54bn 33.8 2025
8 Abbott 1300 Wavre €2.34bn €105.6m €2.10bn 71.2 2025
9 Gmed Healthcare 1831 Machelen (Brab.) €2.14bn €3.61bn €85.1m 89.4 2025
10 Aseva 1040 Brussels €2.12bn €352.7m €1.26bn 5.1 2025
11 Acros Organics 2440 Geel €1.91bn €114.8m €1.60bn 202.6 2025
12 Komatsu Europe International 1800 Vilvoorde €1.90bn €1.74bn €1.34bn 349.2 2026
13 Colim 1500 Halle €1.81bn €290.5m €1.28bn 26.8 2026
14 Mazda Motor Logistics Europe 2830 Willebroek €1.80bn €4.62bn €116.1m 307.0 2026
15 ZF CV Systems Europe 1170 Watermael-Boitsfort €1.72bn €1.42bn €636.4m 58.0 2025
16 Boehringer Ingelheim SComm 1050 Ixelles €1.60bn €164.7m €1.54bn 109.2 2025
17 Perrigo Capital 9050 Ghent €1.58bn €2.22m €565.9m 21.9 2025
18 LEVI STRAUSS & co EUROPE 1050 Ixelles €1.47bn €1.59bn €827.8m 219.3 2025
19 Puratos Group 1702 Dilbeek €1.35bn — €553.4m 5.0 2025
20 D'Ieteren Automotive SA/NV 1050 Ixelles €1.23bn €4.11bn €334.6m 832.1 2025

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

Where are they based?

  • Antwerp8,477
  • East Flanders5,044
  • Brussels-Capital4,860
  • West Flanders4,759
  • Flemish Brabant4,182
  • Limburg2,961
  • Hainaut2,653
  • Liège2,502
  • Walloon Brabant1,903
  • Namur1,092
  • Luxembourg454

Municipalities with the most

Sub-sectors

Frequently asked questions

How many Wholesale trade companies are there in Belgium?

38,936 Belgian companies whose main activity falls under NACE code 46 (Wholesale trade) have filed annual accounts with the National Bank.

What is the median solvency in Wholesale trade?

For financial year 2024, median solvency (equity over total assets) is 41.7%. The middle half of companies lies between 14.2% and 69.9% (34,495 companies).

What is the largest company in Wholesale trade?

By total assets, it is Toyota Motor Europe (€14.3bn, financial year 2026).

Where are Wholesale trade companies based?

The municipalities with the most: Antwerp (1,240), Ixelles (721), Brussels (697).

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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 10 Oct 2026.