Retail trade
48,298 Belgian companies whose main activity falls under NACE code 47 have filed annual accounts. Their median solvency is 34.3% 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 | 9.3% | 34.3% | 62.2% | 42,627 |
| Current ratio | 0.84 | 1.38 | 2.58 | 42,326 |
| ROE | 1.2% | 12.5% | 31.2% | 34,664 |
| Equity | 10,582 € | 80,228 € | 292,421 € | 43,008 |
| Total assets | 89,537 € | 288,074 € | 798,668 € | 42,926 |
| Net result | −2,867 € | 8,958 € | 44,940 € | 42,930 |
| Headcount (avg FTE) | 1.0 | 2.5 | 6.2 | 20,321 |
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: Retail trade
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 | Colruyt Group 1500 Halle | €8.64bn | €866.4m | €6.53bn | 4,127.9 | 2025 |
| 2 | Caparbel 1930 Zaventem | €6.28bn | — | €6.22bn | — | 2025 |
| 3 | Colruyt Food Retail 1500 Halle | €3.05bn | €8.05bn | €786.2m | 16,584.4 | 2026 |
| 4 | Delhaize Le Lion/De Leeuw 1730 Asse | €2.02bn | €5.49bn | €239.4m | 3,423.3 | 2025 |
| 5 | Wamfam 6280 Gerpinnes | €1.57bn | — | €1.57bn | — | 2025 |
| 6 | Carrefour Belgium 1930 Zaventem | €1.42bn | €4.02bn | €42.5m | 6,365.9 | 2025 |
| 7 | Brico Belgium 1702 Dilbeek | €463.7m | €415.9m | €103.5m | 1,478.6 | 2026 |
| 8 | Arthus 1050 Ixelles | €338.3m | — | €8.28m | 6.2 | 2025 |
| 9 | Hubo België 2160 Wommelgem | €331.5m | €449.4m | €143.5m | 227.7 | 2025 |
| 10 | Ikea Belgium 1930 Zaventem | €326.4m | €1.15bn | €27.0m | 3,338.7 | 2025 |
| 11 | L. Louyet 6000 Charleroi | €281.0m | €11.4m | €62.9m | 69.7 | 2025 |
| 12 | Multipharma 1070 Anderlecht | €274.3m | €580.8m | €128.1m | 1,522.8 | 2025 |
| 13 | Action Belgium 1730 Asse | €273.8m | €1.47bn | €70.5m | 3,178.2 | 2025 |
| 14 | D’Ieteren Mobility Company 1050 Ixelles | €257.5m | €14.4m | €249.3m | 33.4 | 2025 |
| 15 | Fnac Vanden Borre 1600 Sint-Pieters-Leeuw | €244.4m | €515.0m | €76.5m | 1,173.7 | 2025 |
| 16 | Renault Motors Waterloo 1410 Waterloo | €221.9m | €192.8m | €10.1m | 15.5 | 2024 |
| 17 | Inditex Belgie-Inditex Belgique 1000 Brussels | €210.3m | €503.2m | €118.7m | 1,790.7 | 2026 |
| 18 | RMGA 1472 Genappe | €206.7m | €8.12m | €24.3m | 55.5 | 2025 |
| 19 | Plan-IT 1702 Dilbeek | €206.3m | €214.4m | €115.8m | 535.3 | 2026 |
| 20 | Retail Concepts 2660 Antwerp | €199.2m | €283.9m | €58.1m | 775.6 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
Where are they based?
Municipalities with the most
Sub-sectors
- 4711 Non-specialised retail sale of predominately food, beverages or tobacco6,479
- 4781 Retail sale of motor vehicles5,501
- 4773 Retail sale of pharmaceutical products3,956
- 4771 Retail sale of clothing3,684
- 4712 Other non-specialised retail sale2,452
- 4755 Retail sale of furniture, lighting equipment, tableware and other household goods2,297
- 4740 Retail sale of information and communication equipment1,873
- 4774 Retail sale of medical and orthopaedic goods1,694
- 4778 Retail sale of other new goods1,637
- 4722 Retail sale of meat and meat products1,520
- 4752 Retail sale of hardware, building materials, paints and glass1,474
- 4763 Retail sale of sporting equipment1,399
- 4776 Retail sale of flowers, plants, fertilisers, pets and pet food1,354
- 4724 Retail sale of bread, cake and confectionery1,143
- 4762 Retail sale of newspapers, and other periodical publications and stationery1,071
- 4751 Retail sale of textiles962
- 4721 Retail sale of fruit and vegetables946
- 4725 Retail sale of beverages923
- 4727 Retail sale of other food911
- 4730 Retail sale of automotive fuel870
- 4777 Retail sale of watches and jewellery864
- 4779 Retail sale of second-hand goods777
- 4772 Retail sale of footwear and leather goods646
- 4754 Retail sale of electrical household appliances631
- 4775 Retail sale of cosmetic and toilet articles542
- 4782 Retail sale of motor vehicle parts and accessories540
- 4769 Retail sale of cultural and recreational goods n.e.c.494
- 4783 Retail sale of motorcycles, motorcycle parts and accessories371
- 4764 Retail sale of games and toys302
- 4761 Retail sale of books245
- 4753 Retail sale of carpets, rugs, wall and floor coverings231
- 4723 Retail sale of fish, crustaceans and molluscs226
- 4726 Retail sale of tobacco products223
- 4792 Intermediation service activities for specialised retail sale30
- 4791 Intermediation service activities for non-specialised retail sale30
Frequently asked questions
How many Retail trade companies are there in Belgium?
48,298 Belgian companies whose main activity falls under NACE code 47 (Retail trade) have filed annual accounts with the National Bank.
What is the median solvency in Retail trade?
For financial year 2024, median solvency (equity over total assets) is 34.3%. The middle half of companies lies between 9.3% and 62.2% (42,627 companies).
What is the largest company in Retail trade?
By total assets, it is Colruyt Group (€8.64bn, financial year 2025).
Where are Retail trade companies based?
The municipalities with the most: Brussels (1,258), Ixelles (888), Anderlecht (842).
Analyse companies in Retail trade
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 10 Oct 2026.