Ranking · Land transport and transport via pipelines

Land transport and transport via pipelines: highest published revenue

1,495 Belgian companies in the sector (NACE 49) publish their revenue in recent accounts; here are the top 20. Société Nationale des Chemins de Fer Belges leads with €2.62bn (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 Société Nationale des Chemins de Fer Belges 1060 Saint-Gilles €13.1bn €2.62bn €8.05bn — 2025
2 HR Rail 1060 Saint-Gilles €549.4m €2.37bn €28.3m 27,811.0 2025
3 Vlaamse Vervoermaatschappij - De Lijn 2800 Mechelen €3.09bn €1.42bn €2.25bn 7,637.1 2025
4 THI Factory 1060 Saint-Gilles €671.7m €936.0m €425.9m 363.2 2025
5 Henri Essers en Zonen Internationaal Transport 3600 Genk €339.5m €537.9m €21.1m 932.3 2025
6 DHL Global Forwarding (Belgium) 1830 Machelen (Brab.) €86.7m €444.9m €29.6m 596.3 2025
7 Lineas 1030 Schaerbeek €290.1m €431.9m €55.0m 841.2 2025
8 DPD (Belgium) 1800 Vilvoorde €242.3m €268.1m €82.6m 576.5 2024
9 Societe des Transports Intercommunaux de Bruxelles 1000 Brussels €3.47bn €240.6m €3.00bn 10,277.5 2025
10 DSV Road Real Estate 2030 Antwerp €100.7m €230.1m €54.2m 512.2 2024
11 Jost & Cie 4040 Herstal €82.2m €180.4m €44.7m 508.7 2025
12 General Logistics Systems Belgium 1620 Drogenbos €78.3m €142.0m €47.0m 300.2 2026
13 Eurotunnel 1000 Brussels €18.1m €132.0m €2.64m 3.1 2024
14 DHL eCommerce (Belgium) 1740 Ternat €29.6m €120.3m €10.3m 452.5 2025
15 Transports Fockedey 7900 Leuze-en-Hainaut €31.1m €118.0m €2.68m 37.0 2025
16 Ghent Handling and Distribution 9042 Ghent €172.1m €117.1m €129.3m 532.7 2025
17 Move Intermodal 3600 Genk €43.0m €114.6m €8.65m 40.4 2025
18 Gosselin Logistics 2100 Antwerp €23.1m €114.3m 789,558 € 121.2 2025
19 BLS Cargo Nord 2140 Antwerp €20.3m €111.1m €4.88m 186.3 2025
20 CEVA Ground Logistics Benelux 7822 Ath €59.4m €110.4m €30.3m 261.5 2024

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 Land transport and transport via pipelines has the highest revenue?

Société Nationale des Chemins de Fer Belges, with €2.62bn in revenue (financial year 2025).

How many Land transport and transport via pipelines companies publish their revenue?

1,495 out of 12,393, 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.