Sector · NACE 68

Real estate activities

53,609 Belgian companies whose main activity falls under NACE code 68 have filed annual accounts. Their median solvency is 34.4% for financial year 2024.

Companies53,609
Median solvency34.4%
Median equity167,226 €
Median headcount (FTE)0.8
Founded in the last 3 years3,629

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 6.2%34.4%70.1% 49,341
Current ratio 0.241.002.56 47,289
ROE -2.7%3.5%17.4% 40,578
Equity 20,960 €167,226 €658,182 € 49,649
Total assets 254,687 €714,642 €€2.04m 49,562
Net result −12,893 €4,190 €38,535 € 49,580
Headcount (avg FTE) 0.00.82.0 7,733

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: Real estate activities

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

#Company Total assetsRevenue EquityFTEYear
1 Brusselse Gewestelijke Huisvestingsmaatschappij - Société du Logement de la Région bruxelles-capitale 1060 Saint-Gilles €2.37bn €8.04m €696.5m 194.2 2025
2 Wonen in Limburg 3530 Houthalen-Helchteren €2.06bn €149.8m €591.8m 397.5 2025
3 AG Real Estate 1000 Brussels €1.58bn €33.7m €1.53bn 141.4 2025
4 Woonhaven Antwerpen 2020 Antwerp €1.56bn €133.8m €163.1m 396.0 2025
5 DBFM Scholen van Morgen 1000 Brussels €1.48bn €32.8m €77.2m — 2025
6 Anicom 1200 Woluwe-Saint-Lambert €1.42bn — €1.41bn 1.8 2025
7 Nextensa 1000 Brussels €1.25bn €12.7m €892.9m 24.5 2025
8 Alychlo 9820 Merelbeke-Melle €1.20bn €2.02m €965.2m 5.6 2025
9 Maatschappij TOT Exploitatie VAN Immobilien 8790 Waregem €1.11bn €28.3m €327.2m 83.8 2025
10 Weerts Logistics Parks 3700 Tongeren-Borgloon €1.04bn €49.4m €638.4m — 2025
11 Fibemi 2870 Puurs-Sint-Amands €964.8m €1.24m €964.7m 5.6 2025
12 "Immobel" OU "Compagnie Immobiliere DE Belgique " OU " Immobilien Vennootschap VAN Belgie" 1000 Brussels €960.2m €15.7m €322.0m 21.2 2025
13 De Werkvennootschap 1210 Saint-Josse-ten-Noode €931.6m €143.3m €41.1m 24.5 2025
14 Thuispunt Gent 9000 Ghent €926.3m €59.0m €199.3m 198.3 2025
15 Centre Hospitalier Interrégional Edith Cavell - Les Hôpitaux de Braine-l'Alleud - Waterloo, de Delta et de Sainte-Anne Saint-Remi; les Cliniques de la Basilique et Edith Cavell, les Centres... 1160 Auderghem €874.8m €803.9m €457.6m 3,325.0 2025
16 N.Z.M. 2480 Dessel €825.5m 950,407 € €822.2m — 2025
17 Proximus Real Estate 1030 Schaerbeek €698.3m €56.3m €582.1m 31.9 2023
18 Apollo Bidco 9031 Ghent €691.6m €6.30m €208.1m 11.0 2025
19 Autonoom Gemeentebedrijf Voor Vastgoedbeheer EN Stadsprojecten - Vespa 2018 Antwerp €618.6m €120.1m €310.8m 154.8 2025
20 Abacus Invest 8790 Waregem €618.4m — €571.6m — 2025

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

Where are they based?

  • Antwerp9,588
  • Brussels-Capital7,606
  • West Flanders7,191
  • East Flanders6,756
  • Flemish Brabant5,056
  • Limburg4,452
  • Liège3,982
  • Hainaut3,621
  • Walloon Brabant2,781
  • Namur1,757
  • Luxembourg804

Municipalities with the most

Sub-sectors

Frequently asked questions

How many Real estate activities companies are there in Belgium?

53,609 Belgian companies whose main activity falls under NACE code 68 (Real estate activities) have filed annual accounts with the National Bank.

What is the median solvency in Real estate activities?

For financial year 2024, median solvency (equity over total assets) is 34.4%. The middle half of companies lies between 6.2% and 70.1% (49,341 companies).

What is the largest company in Real estate activities?

By total assets, it is Brusselse Gewestelijke Huisvestingsmaatschappij - Société du Logement de la Région bruxelles-capitale (€2.37bn, financial year 2025).

Where are Real estate activities companies based?

The municipalities with the most: Ixelles (1,379), Brussels (1,245), Uccle (1,141).

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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.