Belgian Strong Balance Sheet Stocks

Sipef

Market Cap: €993.4m

Operates as an agro-industrial company.

Accentis

Market Cap: €32.8m

n/a

Tessenderlo Group

Market Cap: €1.2b

Engages in the agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and industrial solution businesses worldwide.

Compagnie du Bois Sauvage

Market Cap: €487.3m

An investment holding company, invests in the chocolate, real estate, and investments sectors via private equity funds.

Compagnie Het Zoute

Market Cap: €51.0k

A real estate development company, engages in the construction of apartments in Belgium, France, and the Netherlands.

Deceuninck

Market Cap: €304.1m

Engages in the design, manufacture, and recycling of multi-material window, door, and building solutions in North America, Europe, Turkey, and internationally.

Spadel

Market Cap: €1.5b

Produces and markets natural mineral water in Belgium.

NV Bekaert

Market Cap: €2.0b

Provides steel wire transformation and coating technologies worldwide.

Compagnie d'Entreprises CFE

Market Cap: €328.8m

Engages in the real estate development, multitechnics, construction and renovation, and sustainable investment businesses in Belgium, Poland, Luxembourg, and internationally.

Hyloris Pharmaceuticals

Market Cap: €140.0m

Operates as a specialty pharmaceutical company in Belgium, the United States, Europe, the Middle East, Africa, and Asia-Pacific.

L'emulation

Market Cap: €2.5k

Engages in musical entertainment business.

Iep Invest

Market Cap: €41.9m

An investment firm specializing in investments in and loans to real estate companies.

UCB

Market Cap: €49.7b

A biopharmaceutical company, develops products and solutions for people with neurology and immunology diseases worldwide.

Onward Medical

Market Cap: €191.6m

A medical technology company, develops and commercializes therapies to enable functional recovery for people with spinal cord injury (SCI) in the United States, Europe, and internationally.

Payton Planar Magnetics

Market Cap: €176.7m

Develops, manufactures, and markets planar transformers in Israel, Europe, the Americas, and Asia.

Flowsparks

Market Cap: €40.9m

Provides e-learning solutions in Belgium and internationally.

Jensen-Group

Market Cap: €774.4m

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

Compagnie Commerciale Belge

Market Cap: €17.2m

An investment company, specializes in the acquisition of shares in unlisted companies.

What's Cooking Group

Market Cap: €264.5m

Produces and sells ready meals in Belgium, the United Kingdom, France, Germany, Portugal, Poland, Netherlands, the Rest of Europe, and internationally.

EVS Broadcast Equipment

Market Cap: €400.6m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Miko

Market Cap: €79.5m

Engages in the coffee roasting business under the Miko brand name in Belgium, France, the Netherlands, the United Kingdom, Germany, Denmark, Norway, Sweden, Poland, the Czech Republic, Slovakia, and Australia.

Lotus Bakeries

Market Cap: €9.0b

Provides various snack products in Belgium and internationally.

Exmar

Market Cap: €926.4m

Engages in the provision of shipping and floating infrastructure solutions worldwide.

Aliaxis

Market Cap: €1.2b

Manufactures and sells pipe and fitting systems for building, infrastructure, industrial, electrical, and agriculture sectors.

Softimat

Market Cap: €3.3m

Engages in the real estate activities in Belgium.

Celyad Oncology

Market Cap: €12.6m

A biotechnology company, focuses on unlocking the potential of its intellectual property.

Van de Velde

Market Cap: €377.7m

Designs, produces, and sells women’s lingerie and swimwear in Europe and North America.

Palmboomen Cultuur Maatschappij Mopoli (Palmeraies De Mopoli)

Market Cap: €21.1m

Palmboomen Cultuur Maatschappij Mopoli (Palmeraies De Mopoli) N.V.

Campine

Market Cap: €355.5m

Provides raw material solutions in Belgium and internationally.

Viohalco

Market Cap: €5.2b

Through its subsidiaries, manufactures, and sells aluminium, copper, cables, and steel and steel pipe products.

Monni

Market Cap: €22.4m

Provides electronic payments processing and management solutions in Belgium.

Ackermans & Van Haaren

Market Cap: €8.7b

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

Financière de Tubize

Market Cap: €10.2b

Financière de Tubize SA holds a stake in UCB, a biopharmaceutical company in Belgium.

Moury Construct

Market Cap: €316.0m

Moury Construct SA, together with its subsidiaries, constructs and renovates residential and non-residential buildings in Belgium.

DEME Group

Market Cap: €4.6b

Provides marine solutions in Belgium, Europe, Africa, the United States, Asia, and the Middle East.

KBC Group

Market Cap: €44.4b

Provides banking, insurance, and asset management services in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.