Freight rail transport: highest published revenue
16 Belgian companies in the sector (NACE 4920) publish their revenue in recent accounts; here are the top 16. Lineas leads with €431.9m (financial year 2025).
Top 16
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Lineas 1030 Schaerbeek | €290.1m | €431.9m | €55.0m | 841.2 | 2025 |
| 2 | Eurotunnel 1000 Brussels | €18.1m | €132.0m | €2.64m | 3.1 | 2024 |
| 3 | Move Intermodal 3600 Genk | €43.0m | €114.6m | €8.65m | 40.4 | 2025 |
| 4 | BLS Cargo Nord 2140 Antwerp | €20.3m | €111.1m | €4.88m | 186.3 | 2025 |
| 5 | Northern Diabolo 1800 Vilvoorde | €211.1m | €56.3m | −€90.2m | — | 2025 |
| 6 | DB Cargo Belgium 2030 Antwerp | €14.4m | €52.0m | €2.38m | 239.6 | 2025 |
| 7 | Medway Belgium 2030 Antwerp | €32.8m | €38.4m | 451,219 € | 59.4 | 2025 |
| 8 | Railtraxx 2000 Antwerp | €10.8m | €33.2m | −€10.3m | 105.9 | 2025 |
| 9 | Nortraffic 9940 Evergem | €10.4m | €12.8m | 289,515 € | 79.0 | 2025 |
| 10 | Eurorail 9320 Aalst | €5.48m | €12.4m | €2.35m | 4.7 | 2025 |
| 11 | John Cockerill Traction 7170 Manage | €4.64m | €8.19m | €1.11m | 53.0 | 2025 |
| 12 | TCA Rail 6791 Aubange | €1.49m | €5.37m | 507,194 € | 9.4 | 2025 |
| 13 | Railport Antwerpen 2030 Antwerp | 435,240 € | 395,900 € | 105,659 € | 1.0 | 2025 |
| 14 | J.M Business 1060 Saint-Gilles | 245,862 € | 310,000 € | 245,862 € | — | 2023 |
| 15 | RegioRail 9320 Aalst | €21.3m | 19,751 € | €10.1m | — | 2025 |
| 16 | Lineas Group 1030 Schaerbeek | €263.0m | 14,491 € | €177.2m | — | 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 Freight rail transport has the highest revenue?
Lineas, with €431.9m in revenue (financial year 2025).
How many Freight rail transport companies publish their revenue?
16 out of 51, in accounts less than 3 years old. Small companies (micro and abridged accounts) are not required to publish it.
Analyse companies in Freight rail transport
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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 12 Nov 2026.