Belgian Capital Goods Strong Past Earnings Growth, P/E Ratio Below 20

Ackermans & Van Haaren

Market Cap: €7.1b

Engages in the marine engineering and contracting, private banking, real estate and senior care, energy and resources, and growth capital businesses worldwide.

Cenergy Holdings

Market Cap: €3.3b

Manufactures and sells aluminium, copper, cables, steel and steel pipes, and other related products in Belgium, Greece, Other European Union countries, Other European countries, the United States, and internationally.

Jensen-Group

Market Cap: €527.7m

Designs, produces, and supplies single machines, systems, turnkey solutions, and laundry process automation for the heavy-duty laundry industry.