Page 2 - Largest Belgian (BEL20) Stocks by Market Cap

UPDATED Oct 26, 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
VGP
VGP
€105.801.5%32.4%€2.9b€101.70PE8.9xE6.1%3.1%Real Estate Management and Development
COFB
Cofinimmo
€74.201.5%21.2%€2.8b€80.92PB0.8xE13.1%7.0%Real Estate
AZE
Azelis Group
€10.98-2.1%-41.8%€2.6b€17.89PE15.4xE9.2%2.1%Capital Goods
MELE
Melexis
€62.05-2.4%-11.4%€2.5b€77.00PE19xE15.9%6.0%Semiconductors
9789111
BGL BNP Paribas
€89.000%0%€2.5bn/aPB0.3xn/a11.8%Banks
PROX
Proximus
€7.54-0.7%11.9%€2.4b€8.18PE4.3xE-10.0%8.0%Telecom
CMBT
Cmb.Tech
€8.15-1.3%-40.4%€2.4b€10.49PE11.3xE32.3%74.8%Energy
VIO
Viohalco
€8.054.8%48.8%€2.1bn/aPE9.2xn/a2.0%Materials
SOLV
Solvac
€90.003.0%-12.6%€1.9b€122.30PE15.3xn/a6.5%Materials
BEKB
NV Bekaert
€35.802.4%4.1%€1.8b€41.90PE10.3xE15.8%5.3%Materials
94124352
Aliaxis
€22.209.9%-22.4%€1.7bn/aPE16xn/a4.3%Capital Goods
94426466
SCR-Sibelco
€5,000.000.4%-9.1%€1.7bn/aPE27.3xn/a2.9%Materials
GIMB
Gimv
€46.302.5%18.7%€1.7b€50.00PE7.8xn/a5.6%Diversified Financials
MONT
Montea Comm. VA
€72.701.4%4.6%€1.7b€79.13PB0.9xE12.1%5.1%Real Estate
TESB
Tessenderlo Group
€27.003.4%5.3%€1.6b€28.33PB0.9xE48.6%2.8%Materials
FAGR
Fagron
€20.80-1.0%10.1%€1.5b€25.30PE17.8xE14.2%1.7%Healthcare
XIOR
Xior Student Housing
€29.502.4%-7.8%€1.4b€36.14PB0.8xE18.7%6.0%Real Estate
FLUX
Fluxys Belgium
€18.901.3%26.8%€1.3bn/aPE17.6xn/a7.4%Energy
OBEL
Orange Belgium
€19.10-0.3%33.6%€1.3b€19.23PE34.5xS3.6%0%Telecom
BAR
Barco
€12.74-2.3%12.0%€1.1b€14.70PE13.8xE8.9%4.0%Tech
94124453
Etex
€13.20-1.5%-14.3%€1.0bn/aPE5.9xn/a7.8%Capital Goods
SPA
Spadel
€230.00-8.0%17.9%€954.6mn/aPE21.9xn/a1.4%Food, Beverage & Tobacco
RET
Retail Estates
€63.50-0.8%0%€954.2m€71.00PB0.8xS2.9%8.0%Real Estate
SIP
Sipef
€80.602.5%41.9%€839.6m€87.38PE9.9xE-0.4%2.2%Food, Beverage & Tobacco
Page 2 of 8