Ranking · Scientific research and development

Scientific research and development: highest published revenue

106 Belgian companies in the sector (NACE 72) publish their revenue in recent accounts; here are the top 20. argenx leads with €3.80bn (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 argenx 9052 Ghent €7.01bn €3.80bn €5.71bn 510.9 2025
2 UCB Developed Brands 1070 Anderlecht €1.07bn €1.24bn €867.8m 20.7 2025
3 Lakefront Biotherapeutics 2800 Mechelen €3.34bn €1.10bn €3.15bn 172.9 2025
4 Interuniversitair Micro-Electronica Centrum 3001 Leuven €1.27bn €804.3m €512.1m 2,904.3 2025
5 Basf Belgium Coordination Center 2040 Antwerp €215.4m €627.4m €105.9m 555.7 2025
6 Legend Biotech Belgium 9052 Ghent €142.4m €285.9m €62.9m 846.9 2025
7 Ablynx 9052 Ghent €417.3m €147.9m €359.2m 363.5 2025
8 Studiecentrum voor Kernenergie - Centre d'Etude de l'Energie Nucléaire 1160 Auderghem €405.0m €99.3m €52.7m 883.6 2025
9 TotalEnergies OneTech Belgium 7181 Seneffe €116.7m €96.0m €79.8m 297.7 2025
10 Vlaamse Instelling Voor Technologisch Onderzoek 2400 Mol €256.2m €88.2m €88.8m 969.8 2025
11 CellCarta 2610 Antwerp €60.5m €79.9m €25.9m 242.7 2025
12 LabCorp 2800 Mechelen €36.1m €64.2m €26.0m 254.5 2025
13 ViiV Healthcare 1300 Wavre €17.0m €63.3m €6.53m 21.8 2025
14 Cargill R&D Centre Europe 1800 Vilvoorde €99.2m €62.7m €74.3m 186.9 2025
15 Baxter R and D Europe 7860 Lessines €52.7m €58.8m €30.5m 178.3 2025
16 Vlaams Instituut Voor Biotechnologie - Flanders Institute FOR Biotechnology 9052 Ghent €323.7m €52.6m €172.4m 928.4 2025
17 Europese Organisatie Voor Onderzoek EN Behandeling VAN Kanker - Organisation Europeenne Pour LA Recherche ET LE Traitement DU Cancer - European Organi 1200 Woluwe-Saint-Lambert €135.2m €52.3m €90.4m 220.3 2025
18 Biocartis 2800 Mechelen €61.8m €48.2m €37.2m 205.6 2025
19 Ineos Services Belgium 1120 Brussels €63.4m €46.7m €50.4m 169.6 2025
20 STERIGENICS BELGIUM (Petit Rechain) 4800 Verviers €69.1m €44.1m €64.9m 93.8 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.

← The whole Scientific research and development sector

Frequently asked questions

Which company in Scientific research and development has the highest revenue?

argenx, with €3.80bn in revenue (financial year 2025).

How many Scientific research and development companies publish their revenue?

106 out of 1,206, in accounts less than 3 years old. Small companies (micro and abridged accounts) are not required to publish it.

Idonis

Analyse companies in Scientific research and development

Filter these companies by size, soundness and trend, follow them and get an alert when their accounts or publications change.

Open the full file →
Free account in 30 seconds, by email. No bank card.

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 11 Nov 2026.