BEL20

BEL 20

Rank every BEL 20 stock by debt-to-equity (MRQ). Lower values indicate less reliance on debt financing. Part of our free stock indices.

Top 5

Debt-to-Equity (MRQ)

  • ARGX
    0.64
  • KBC
    1.74
  • SOF
    11.93
  • UCB
    20.66
  • ACKB
    30.48

Constituents (20)

*Excluding stocks with a negative Debt-to-Equity ratio
ARGX
argenx SEBRU
0.64
KBC
KBC Group NVBRU
1.74
SOF
SofinaBRU
11.93
UCB
UCB SABRU
20.66
ACKB
Ackermans & van Haaren NVBRU
30.48
LOTB
Lotus Bakeries NVBRU
36.33
APAM
Aperam S.A.AMS
39.78
SYENS
Syensqo SA/NVBRU
41.68
MELE
Melexis NVBRU
50.36
GBLB
Groupe Bruxelles Lambert SABRU
57.73
MONT
Montea NVBRU
66.15
AED
Aedifica SABRU
67.04
AZE
Azelis Group NVBRU
69.00
WDP
Warehouses De Pauw NV/SABRU
72.50
ABI
Anheuser-Busch InBev SA/NVBRU
75.03
AGS
Ageas SA/NVBRU
77.62
UMI
Umicore SABRU
125.10
SOLB
Solvay SABRU
185.94
ELI
Elia Group SA/NVBRU
198.68
DIE
D'Ieteren Group SA/NVBRU
7,910.92

Frequently asked questions

The 5 BEL 20 companies with the lowest debt-to-equity (MRQ) are: argenx SE (ARGX, 0.64), KBC Group NV (KBC, 1.74), Sofina (SOF, 11.93), UCB SA (UCB, 20.66) and Ackermans & van Haaren NV (ACKB, 30.48). argenx SE ranks first at 0.64.

A debt-to-equity (MRQ) of 1.74 or lower places a BEL 20 stock in the top 10% on this metric. That covers the strongest 2 of the 20 ranked constituents.

There is no fixed threshold, so the index itself is the benchmark. Across the 20 ranked BEL 20 constituents, the median debt-to-equity (MRQ) is 57.73. A stock below that level ranks ahead of the typical BEL 20 company, though it stays a relative gauge, not a full verdict.

D'Ieteren Group SA/NV (DIE) has the highest debt-to-equity (MRQ) in the BEL 20, at 7,910.92. argenx SE (ARGX) has the lowest, at 0.64.

D'Ieteren Group SA/NV (DIE, 7,910.92) reports the highest debt-to-equity (MRQ) in the BEL 20, followed by Elia Group SA/NV (ELI, 198.68), Solvay SA (SOLB, 185.94), Umicore SA (UMI, 125.10) and Ageas SA/NV (AGS, 77.62).