In this article, we will take a look at the 5 most valuable Belgian companies in 2024. If you wish to see our detailed analysis, you can go to 20 Most Valuable Belgian Companies in 2024.
5. Syensqo SA (OTC:SHBBF)
Market Capitalization: $8.90 Billion
Syensqo SA (OTC:SHBBF) is a Belgian science company that operates in 30 countries across the world. The company offers clean and natural solutions for various markets including automotive, aerospace, consumer goods, industrial applications, and healthcare. Currently, it focuses on four key areas of sustainability including thermoplastic composites, batteries, green hydrogen, and renewable materials. Syensqo SA (OTC:SHBBF) has a market capitalization of $8.90 billion, as of February 14.
4. Groupe Bruxelles Lambert SA (OTC:GBLBF)
Market Capitalization: $9.6 Billion
Groupe Bruxelles Lambert SA (OTC:GBLBF) is a Belgian investment holding company that depends on a family shareholder base. It serves as one of the leading investors in Europe and manages a portfolio of listed, private, and alternative assets. The company claims to have a portfolio worth 17.2 billion euros. As of February 14, Groupe Bruxelles Lambert SA (OTC:GBLBF) is worth $9.6 billion and ranks among the most valuable Belgian companies in 2024.
3. UCB SA (OTC:UCBJY)
Market Capitalization: $18.1 Billion
UCB SA (OTC:UCBJY) is a multinational biopharmaceutical company operating across 40 countries around the globe. As of February 14, the company is worth $18.1 billion on the open market and ranks as one of the most valuable companies in Belgium. UCB SA (OTC:UCBJY) creates solutions and medicines to cater to those suffering from severe diseases. Neurology, immunology, and rare diseases are the major disease areas focused upon by the firm.
2. KBC Group NV (OTC:KBCSF)
Market Capitalization: $25.7 Billion
KBC Group NV (OTC:KBCSF) is a Belgian integrated bank insurance group. It mainly serves retail, private banking, SME, and mid-cap clients. The company’s core markets include Belgium, the Czech Republic, Slovakia, Hungary and Bulgaria. In Belgium alone, the company manages 3.9 million clients, 434 bank branches, and 292 insurance agencies. It has a 20% market share for traditional bank products, 27% for investment funds, 12% for life insurance, and 9% for non-life insurance in Belgium. As of February 14, KBC Group NV (OTC:KBCSF) is worth $25.7 billion on the open market and ranks among the most valuable Belgian companies in 2024.
1. Anheuser-Busch InBev SA/NV (NYSE:BUD)
Market Capitalization: $115.8 Billion
Anheuser-Busch InBev SA/NV (NYSE:BUD) ranks at the top of the most valuable Belgian companies in 2024. It is a multinational brewing company that is involved in the manufacturing and distribution of alcoholic and non-alcoholic beverages. The company claims to have more than 500 iconic beer brands. As of February 14, Anheuser-Busch InBev SA/NV (NYSE:BUD) has a market capitalization of $115.8 billion.
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