Belgian Strong Balance Sheet Stocks

Compagnie Het Zoute

Market Cap: €33.2k

A real estate development company, constructs apartments in Belgium, France, and the Netherlands.

Sipef

Market Cap: €768.8m

Operates as an agro-industrial company.

Financière de Tubize

Market Cap: €7.3b

Operates as a mono holding company whose sole investment is a stake in UCB which is a biopharma company in Belgium.

Keyware Technologies

Market Cap: €17.3m

Provides electronic payments processing and management solutions in Belgium.

Compagnie du Bois Sauvage

Market Cap: €406.3m

An investment holding company, invests in the industrial and real estate sectors in Belgium.

Tessenderlo Group

Market Cap: €1.5b

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

Accentis

Market Cap: €32.8m

n/a

Hyloris Pharmaceuticals

Market Cap: €173.0m

Engages in the research, development, and manufacture of pharmaceutical products to address medical needs.

NV Bekaert

Market Cap: €2.0b

Provides steel wire transformation and coating technologies worldwide.

Compagnie d'Entreprises CFE

Market Cap: €219.6m

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

Deceuninck

Market Cap: €283.4m

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

Spadel

Market Cap: €913.1m

Produces and markets natural mineral water in Belgium.

L'emulation

Market Cap: €2.5k

Engages in musical entertainment business.

Flowsparks

Market Cap: €53.9m

Provides e-learning solutions in Belgium and internationally.

Iep Invest

Market Cap: €47.1m

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

UCB

Market Cap: €38.9b

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

Payton Planar Magnetics

Market Cap: €114.9m

Develops, manufactures, and markets planar and conventional transformers worldwide.

Compagnie Commerciale Belge

Market Cap: €17.2m

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

EVS Broadcast Equipment

Market Cap: €482.0m

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

Jensen-Group

Market Cap: €581.7m

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

Lotus Bakeries

Market Cap: €6.4b

Provides various snack products in Belgium and internationally.

Recticel

Market Cap: €514.6m

An insulation company, provides thermal and thermo-acoustic solutions in Belgium, France, the Netherlands, Germany, Slovenia, other European Union countries, the United Kingdom, the United States, and internationally.

argenx

Market Cap: €38.1b

A commercial-stage biopharma company, develops various therapies for the treatment of autoimmune diseases in the United States, Japan, China, the Netherlands, and internationally.

Aliaxis

Market Cap: €1.8b

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

Exmar

Market Cap: €825.4m

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

Palmboomen Cultuur Maatschappij Mopoli (Palmeraies De Mopoli)

Market Cap: €22.6m

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

Van de Velde

Market Cap: €378.3m

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

DEME Group

Market Cap: €3.1b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Ackermans & Van Haaren

Market Cap: €7.2b

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

Moury Construct

Market Cap: €235.2m

Engages in the construction and renovation of residential and non-residential buildings for private and public markets in Belgium.

Gimv

Market Cap: €1.6b

A private equity and venture capital firm specializing in direct and fund of funds investments.

KBC Group

Market Cap: €39.2b

Provides banking, insurance, and asset management services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

Onward Medical

Market Cap: €233.7m

A medical technology company, develops and commercializes therapies to enable functional recovery for people with Spinal Cord Injury (SCI).

Biotalys

Market Cap: €165.5m

An agricultural technology company, discovers and develops protein-based biocontrol solutions in Belgium and internationally.

Agfa-Gevaert

Market Cap: €141.0m

Develops, manufactures, and markets various analog and digital systems worldwide.

Cenergy Holdings

Market Cap: €2.6b

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.