Largest Belgian (BEL20) Stocks by Market Cap

UPDATED Nov 13, 2025

Discover large cap Belgian companies that are on the BEL20. These companies are organised by Market Cap.

187 companies
CompanyLast Price7D Return1Y ReturnMarket CapAnalysts TargetValuationGrowthDiv YieldIndustry
ABI
Anheuser-Busch InBev
€55.722.3%3.9%€108.8b€68.07PE20.8xE13.1%1.6%Food, Beverage & Tobacco
ARGX
argenx
€768.804.3%35.3%€47.1b€769.91PE35.7xE25.4%n/aPharmaceuticals & Biotech
KBC
KBC Group
€108.654.0%55.2%€43.1b€107.11PB1.6xE5.3%3.8%Banks
UCB
UCB
€222.800.7%25.2%€42.3b€256.67PE31.8xE19.4%0.6%Pharmaceuticals & Biotech
17250539
BNP Paribas Fortis
€35.401.1%16.4%€20.0bn/aPB0.7xn/a0%Banks
ELI
Elia Group
€104.10-1.0%23.3%€11.4b€113.46PE22.3xE16.2%2.0%Utilities
AGS
ageas
€58.551.6%21.6%€11.2b€63.13PE9.7xE7.3%6.0%Insurance
GBLB
Groupe Bruxelles Lambert
€74.65-1.8%14.9%€9.1b€83.23PE64.8xE26.4%6.7%Diversified Financials
TUB
Financière de Tubize
€199.80-1.3%41.1%€8.9b€230.50PE95.9xn/a0.5%Pharmaceuticals & Biotech
DIE
D'Ieteren Group
€153.604.3%-22.7%€8.1b€213.29PE18.3xE19.1%1.0%Retail
SOF
Sofina Société Anonyme
€242.401.3%10.3%€8.0b€311.33PE19.4xn/a1.4%Diversified Financials
ACKB
Ackermans & Van Haaren
€227.006.0%22.8%€7.4b€254.83PE14xE7.5%1.7%Capital Goods
SYENS
Syensqo
€72.182.6%-3.9%€7.4b€81.35PS1.1xE55.7%2.2%Materials
LOTB
Lotus Bakeries
€7,550.000.3%-37.1%€6.1b€9,581.25PE38.4xE10.6%1.0%Food, Beverage & Tobacco
KBCA
KBC Ancora
€73.808.2%52.2%€5.7b€85.00PB1.6xE7.2%4.8%Banks
WDP
Warehouses De Pauw
€22.421.4%8.3%€5.3b€24.69PB1.1xE16.3%5.4%Real Estate
UMI
Umicore
€17.305.8%63.2%€4.2b€14.79PE32.3xE21.6%2.9%Materials
COLR
Colruyt Group
€32.540.9%-26.0%€3.9b€40.08PE11.7xE3.1%4.2%Consumer Retailing
DEME
DEME Group
€143.6014.0%8.5%€3.6b€172.50PE11.1xE-2.3%2.6%Capital Goods
CENER
Cenergy Holdings
€15.280.9%75.6%€3.2b€14.18PE18.2xE9.9%0.9%Capital Goods
AED
Aedifica/SA
€66.801.2%15.1%€3.2b€74.06PB0.9xE18.5%5.8%Real Estate
SHUR
Shurgard Self Storage
€31.10-0.6%-25.9%€3.1b€40.94PB0.7xE-14.6%3.8%Real Estate
BREB
Brederode
€103.000.8%-4.1%€3.0b€130.00PE60.2xn/a1.3%Diversified Financials
COFB
Cofinimmo
€77.951.6%36.5%€3.0b€81.86PB0.9xE14.9%6.7%Real Estate
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