Activities of holding companies
25,451 Belgian companies whose main activity falls under NACE code 6421 have filed annual accounts. Their median solvency is 54.8% for financial year 2025.
Sector medians
Computed by IdonisDistribution across the sector's companies for financial year 2025: 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 | 22.7% | 54.8% | 82.9% | 23,673 |
| Current ratio | 0.33 | 1.08 | 3.19 | 22,727 |
| ROE | 0.5% | 10.6% | 35.3% | 21,920 |
| Equity | 70,673 € | 343,468 € | €1.78m | 23,951 |
| Total assets | 272,948 € | 966,399 € | €3.82m | 23,764 |
| Net result | −674 € | 33,684 € | 133,218 € | 23,924 |
| Headcount (avg FTE) | 0.0 | 0.5 | 2.0 | 4,738 |
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: Activities of holding companies
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 | J.C. General Services 2340 Beerse | €36.8bn | €68.8m | €6.94bn | 72.4 | 2025 |
| 2 | Groupe Bruxelles Lambert 1000 Brussels | €13.3bn | €12.8m | €11.0bn | 49.4 | 2025 |
| 3 | ageas SA/NV 1210 Saint-Josse-ten-Noode | €13.0bn | — | €5.95bn | — | 2025 |
| 4 | U C B 1070 Anderlecht | €12.5bn | — | €9.16bn | 207.2 | 2025 |
| 5 | Societe Federale de Participations et d'Investissement 1050 Brussels | €11.7bn | — | €11.4bn | 38.4 | 2025 |
| 6 | Syensqo 1130 Brussels | €11.1bn | — | €7.63bn | — | 2025 |
| 7 | Wise Europe 1050 Ixelles | €9.82bn | €434.0m | €36.4m | 38.8 | 2026 |
| 8 | Ageas Insurance International NV 1210 Saint-Josse-ten-Noode | €8.71bn | — | €7.23bn | — | 2025 |
| 9 | Azelis Finance 2600 Antwerp | €7.68bn | 867,888 € | €5.85bn | 4.8 | 2025 |
| 10 | EDF Investissements Groupe 1050 Ixelles | €7.59bn | — | €7.35bn | 3.2 | 2025 |
| 11 | Engie Energy Services International 1000 Brussels | €7.45bn | — | €3.40bn | — | 2025 |
| 12 | Engie Energy Management 1000 Brussels | €6.65bn | €139.5m | €4.56bn | 6.0 | 2025 |
| 13 | CTH Invest 1170 Watermael-Boitsfort | €6.36bn | €1.32m | €4.99bn | 3.5 | 2025 |
| 14 | Azelis Group 2600 Antwerp | €6.15bn | €79.4m | €6.07bn | 89.9 | 2025 |
| 15 | Sofina 1040 Brussels | €5.95bn | €3.42m | €4.49bn | 48.2 | 2025 |
| 16 | Wallonie Entreprendre 4000 Liège | €5.36bn | €2.98m | €4.98bn | 178.0 | 2025 |
| 17 | Atlas Countries Support 1140 Evere | €4.85bn | — | €4.85bn | — | 2025 |
| 18 | Avnet Holding Europe 1831 Machelen (Brab.) | €4.83bn | €7.65m | €1.27bn | 9.0 | 2025 |
| 19 | Samsonite Belgium Holdings 9700 Oudenaarde | €4.37bn | — | €4.09bn | — | 2025 |
| 20 | Titan 1000 Brussels | €4.25bn | — | €3.89bn | 0.7 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
See all 25,451 companies, full list →
Where are they based?
Municipalities with the most
Related sectors
← The whole Financial service activities, except insurance and pension funding sector (NACE 64)
Frequently asked questions
How many Activities of holding companies companies are there in Belgium?
25,451 Belgian companies whose main activity falls under NACE code 6421 (Activities of holding companies) have filed annual accounts with the National Bank.
What is the median solvency in Activities of holding companies?
For financial year 2025, median solvency (equity over total assets) is 54.8%. The middle half of companies lies between 22.7% and 82.9% (23,673 companies).
What is the largest company in Activities of holding companies?
By total assets, it is J.C. General Services (€36.8bn, financial year 2025).
Where are Activities of holding companies companies based?
The municipalities with the most: Ixelles (465), Antwerp (441), Brussels (430).
Analyse companies in Activities of holding companies
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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.