BEL Mid Index (BELM) Companies by Market Cap
BEL Mid Index (BELM) companies by market cap. The BEL Mid Index (BELM) tracks 28 constituent companies with a combined market cap of $45.37 Billion, covering the largest publicly traded companies in Belgium. This ranking lists all BELM index holdings ordered by market capitalization — from the largest index heavyweights to smaller constituents. Updated daily with live market data.
Total Market Cap (USD)
Constituent Companies
Index Country
Top BEL Mid Stocks by Market Capitalization (November 2026)
Top BEL Mid stocks by market capitalization as of November 2026, covering 28 index constituents.
| Rank | Company | Weight (%) | Market Cap (USD) | Sector | Industry | Price | 24h Change |
|---|---|---|---|---|---|---|---|
| 1 |
Lotus Bakeries
BR:LOTB |
% | $8.25 Billion | Consumer Defensive | Packaged Foods | €13740.00 | +0.00% |
| 2 |
DEME Group NV
BR:DEME |
% | $4.91 Billion | Industrials | Engineering & Construction | €169.20 | +0.00% |
| 3 |
Etablissementen Franz Colruyt NV
BR:COLR |
% | $4.25 Billion | Consumer Defensive | Grocery Stores | €35.24 | +0.69% |
| 4 |
CMB.TECH NV
BR:CMBT |
% | $3.46 Billion | Energy | Oil & Gas Midstream | €15.40 | -1.79% |
| 5 |
Azelis Group NV
BR:AZE |
% | $3.08 Billion | Basic Materials | Specialty Chemicals | €11.99 | +1.18% |
| 6 |
Shurgard Self Storage SA
BR:SHUR |
% | $2.60 Billion | Real Estate | REIT - Specialty | €24.75 | -2.37% |
| 7 |
VGP NV
BR:VGP |
% | $2.02 Billion | Real Estate | Real Estate Services | €63.30 | +1.93% |
| 8 |
NV Bekaert SA
BR:BEKB |
% | $1.99 Billion | Industrials | Metal Fabrication | €41.00 | +0.49% |
| 9 |
GIMV NV
BR:GIMB |
% | $1.65 Billion | Financial Services | Asset Management | €49.25 | -1.50% |
| 10 |
Fagron NV
BR:FAGR |
% | $1.55 Billion | Healthcare | Drug Manufacturers - Specialty & Generic | €23.45 | -0.42% |
| 11 |
Montea C.V.A.
BR:MONT |
% | $1.44 Billion | Real Estate | REIT - Industrial | €66.90 | +0.00% |
| 12 |
Orange Belgium SA
BR:OBEL |
% | $1.42 Billion | Communication Services | Telecom Services | €22.20 | -0.45% |
| 13 |
Xior Student Housing NV
BR:XIOR |
% | $1.36 Billion | Real Estate | REIT - Residential | €25.00 | -0.20% |
| 14 |
Tessenderlo
BR:TESB |
% | $1.20 Billion | Basic Materials | Agricultural Inputs | €17.38 | -0.69% |
| 15 |
Retail Estates - Sicafi
BR:RET |
% | $972.21 Million | Real Estate | REIT - Retail | €62.30 | -0.32% |
| 16 |
Recticel
BR:RECT |
% | $721.75 Million | Industrials | Building Products & Equipment | €12.18 | -1.62% |
| 17 |
Kinepolis Group NV
BR:KIN |
% | $688.78 Million | Communication Services | Entertainment | €48.70 | -0.41% |
| 18 |
Barco NV
BR:BAR |
% | $611.35 Million | Technology | Electronic Components | €6.43 | -0.85% |
| 19 |
TINC Comm VA
BR:TINC |
% | $525.58 Million | Financial Services | Asset Management | €10.34 | -0.19% |
| 20 |
Care Property Invest NV
BR:CPINV |
% | $518.27 Million | Real Estate | REIT - Healthcare Facilities | €12.40 | -0.32% |
| 21 |
Ion Beam Applications SA
BR:IBAB |
% | $466.24 Million | Healthcare | Medical Devices | €16.10 | -0.25% |
| 22 |
Ascencio (D)
BR:ASCE |
% | $361.94 Million | Real Estate | REIT - Retail | €53.50 | +1.33% |
| 23 |
Deceuninck
BR:DECB |
% | $313.07 Million | Industrials | Building Products & Equipment | €2.41 | +0.21% |
| 24 |
EVS Broadcast Equipment SA
BR:EVS |
% | $282.91 Million | Technology | Communication Equipment | €18.00 | +2.74% |
| 25 |
Bpost NV
BR:BPOST |
% | $258.61 Million | Industrials | Integrated Freight & Logistics | €1.11 | -2.12% |
| 26 |
Econocom Group SA/NV
BR:ECONB |
% | $257.59 Million | Technology | Information Technology Services | €1.50 | +1.35% |
| 27 |
Ontex Group NV
BR:ONTEX |
% | $145.23 Million | Consumer Defensive | Household & Personal Products | €1.56 | +9.72% |
| 28 |
AGFA Gevaert NV
BR:AGFB |
% | $70.41 Million | Industrials | Specialty Industrial Machinery | €0.39 | +0.65% |
How BEL Mid Constituents Are Ranked by Market Cap
BEL Mid constituents are ranked by market cap, alongside each company's weight in the index.
Complete list of all companies in the BELM index ranked by market capitalization. Track index constituent performance and market values. View all indices