Sector · NACE 84

Public administration and defence; compulsory social security

211 Belgian companies whose main activity falls under NACE code 84 have filed annual accounts. Their median solvency is 48.6% for financial year 2024.

Companies211
Median solvency48.6%
Median equity528,923 €
Median headcount (FTE)10.0
Founded in the last 3 years4

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 17.8%48.6%81.0% 193
Current ratio 1.091.744.09 185
ROE -0.7%4.5%15.3% 177
Equity 162,344 €528,923 €€5.67m 193
Total assets 362,445 €€1.92m€20.4m 196
Net result −9,573 €20,181 €170,536 € 186
Headcount (avg FTE) 3.010.038.4 104

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: Public administration and defence; compulsory social security

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

#Company Total assetsRevenue EquityFTEYear
1 Societe Wallonne DE Financement Complementaire DES Infrastructures 4031 Liège €3.02bn €502.8m €2.31bn 49.5 2025
2 GasthuisZusters Antwerpen 2018 Antwerp €460.9m €483.8m €193.4m 2,583.1 2023
3 Fonds de pension du secteur non-marchand fédéral 1000 Brussels €457.0m — 1 € — 2025
4 Liantis caisse d'assurances sociales 1000 Brussels €455.2m €38.8m €40.2m 168.2 2025
5 Intercommunale pure de financement du Brabant Wallon 1348 Ottignies-Louvain-la-Neuve €341.1m 10,500 € €229.0m 1.0 2025
6 MC Assure 1030 Schaerbeek €340.0m — €243.1m — 2025
7 Organisme voor de Financiering van Pensioenen "Pensioenfonds van de Vlaamse Non-Profit/social-Profitsector" 1000 Brussels €334.2m — 1 € — 2025
8 Acerta Sociaal Verzekeringsfonds 1020 Brussels €329.8m €50.5m €39.6m 238.5 2025
9 Xerius Caisse D'Assurances Sociales 2000 Antwerp €322.6m €37.6m €50.7m 187.5 2025
10 Union Nationale DES Mutualites Libres 1070 Anderlecht €301.2m — 68 € 449.7 2025
11 Securex Integrity, Caisse Libre D'Assurances Sociales Pour Travailleurs Independants - Securex Integrity, Vrij Sociaal Verzekeringsfonds Voor Zelfstandigen 1040 Etterbeek €296.7m €23.5m €16.0m 59.6 2025
12 KAS Voor Jaarlijkse Vakantie Voor DE Metaal Machine EN Eletrische Bouw 1000 Brussels €293.6m — €78.4m 9.2 2025
13 Caisse Nationale Patronale Pour LES Conges Payes Dans L'Industrie DU Batiment ET DES Travaux Publics Nationale Patroonskas Voor HET Betaald Verlof IN DE Bouwbe 1000 Brussels €271.1m — €41.0m 20.6 2025
14 Maatschappij voor het haven-, grond- en industrialisatiebeleid van het Linkerscheldeoevergebied 9120 Beveren-Kruibeke-Zwijndrecht €227.3m €24.0m €213.7m 14.5 2025
15 Sofilux 6800 Libramont-Chevigny €223.1m 91,389 € €204.0m 0.6 2025
16 Enabel, Belgisch Ontwikkelingsagentschap 1000 Brussels €217.4m €407.1m €20.1m 578.5 2025
17 Caisse DES Conges Payes DE L'Alimentation Belge 1070 Anderlecht €213.8m — €34.0m 12.7 2025
18 Oeuvres des Frères de la Charité 5100 Namur €180.4m €90.2m €73.2m 1,267.3 2025
19 Interkommunale Ontwikkelingsmaatschappij voor de Kempen 2440 Geel €163.3m €5.00m €137.1m 109.4 2025
20 Nationaal Hulpfonds-Fonds National d'Entraide 1030 Schaerbeek €134.6m — €95.8m — 2025

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

Where are they based?

  • Brussels-Capital70
  • East Flanders33
  • Antwerp26
  • Flemish Brabant17
  • West Flanders16
  • Liège11
  • Namur11
  • Limburg10
  • Walloon Brabant6
  • Luxembourg6
  • Hainaut5

Municipalities with the most

Sub-sectors

Frequently asked questions

How many Public administration and defence; compulsory social security companies are there in Belgium?

211 Belgian companies whose main activity falls under NACE code 84 (Public administration and defence; compulsory social security) have filed annual accounts with the National Bank.

What is the median solvency in Public administration and defence; compulsory social security?

For financial year 2024, median solvency (equity over total assets) is 48.6%. The middle half of companies lies between 17.8% and 81.0% (193 companies).

What is the largest company in Public administration and defence; compulsory social security?

By total assets, it is Societe Wallonne DE Financement Complementaire DES Infrastructures (€3.02bn, financial year 2025).

Where are Public administration and defence; compulsory social security companies based?

The municipalities with the most: Brussels (36), Etterbeek (5), Saint-Gilles (5).

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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 11 Nov 2026.