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Home » Global CEO Forum » Belgium’s Largest Companies by market capitalization, 2024
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Belgium’s Largest Companies by market capitalization, 2024

As of December 23, 2024, ANHEUSER-BUSCH INBEV SA/NV  is the most valuable company in Belgium, with a market cap of $98.89 billion. Following it are ARGENX SE ($38.02 billion) and UCB ($36.88 billion).

Which one is the most valuable in Belgium by market cap?
This list comprises the biggest companies currently in Belgium by market cap in 2024:

Belgium’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPTIAL (USD DOLLAR)
1ANHEUSER-BUSCH INBEV SA/NV$98.89 billion
2ARGENX SE$38.02 billion
3UCB$36.88 billion
4KBC GROUPE NV$30.27 billion
5BNP PARIBAS FORTIS SA$18.84 billion
6LOTUS BAKERIES NV$9.17 billion
7D'IETEREN GROUP$8.95 billion
8AGEAS SA/NV$8.8 billion
9GROUPE BRUXELLES LAMBERT SA$8.54 billion
10SYENSQO SA/NV$7.64 billion
11SOFINA SA$7.43 billion
12FINANCIÈRE DE TUBIZE S.A.$6.37 billion
13ACKERMANS & VAN HAAREN NV$6.37 billion
14ELIA GROUP NV/SA$5.62 billion
15AZELIS GROUP N.V.$4.79 billion
16COLRUYT GROUP N.V.$4.57 billion
17WAREHOUSES DE PAUW SA$4.47 billion
18KBC ANCORA SA$4 billion
19SHURGARD SELF-STORAGE LTD.$3.66 billion
20DEME GROUP NV$3.6 billion
21SOLVAY SA$3.33 billion
22BREDERODE S.A.$3.27 billion
23AEDIFICA SA$2.74 billion
24BGL BNP PARIBAS S.A.$2.59 billion
25UMICORE$2.47 billion
26MELEXIS N.V.$2.31 billion
27ALIAXIS SA$2.28 billion
28SOLVAC S.A.$2.21 billion
29COFINIMMO$2.11 billion
30VGP NV$1.99 billion

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Harris Williams, Ph.D.
Harris Williams, PhD in Leadership and Media Governance, is Associate News Editor at CEOWORLD Magazine, specialising in global finance, corporate leadership, investor relations, and strategic...

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