Ownership in Danish companies from Belgium
Overview of ownership and investments from Belgium in Danish companies. Data updated 10/26/2026.
3,635
244
261
29.7 bn DKK
Top owners by company count
VGP NV
Foreign entity
6
companies
GM Logistics Parks
Foreign entity
5
companies
Christian Thou Hauschildt
Person
5
companies
David Mygind
Person
4
companies
Jonas Valentin Bager
Person
2
companies
Kasper Dolberg Rasmussen
Person
2
companies
Soudal Holding NV
Foreign entity
2
companies
We Connect Infra NV
Foreign entity
2
companies
Accent NV
Foreign entity
2
companies
ALPI Belgium S.A.
Foreign entity
2
companies
Top owners by ownership value
BNP Paribas Fortis Factor NV
Foreign entity · 1 companies
10.1 bn DKK
Ownership value
JENSEN-GROUP NV
Foreign entity · 1 companies
1.6 bn DKK
Ownership value
Deme Offshore Holding N.V.
Foreign entity · 1 companies
1.3 bn DKK
Ownership value
Photonics Management Europe S.R.L
Foreign entity · 1 companies
1.1 bn DKK
Ownership value
Hercules Holding B.V., B.V.B.A.
Foreign entity · 1 companies
839.1 m DKK
Ownership value
Estee Lauder Belgium BV
Foreign entity · 1 companies
838.5 m DKK
Ownership value
SREIT Vesterbro Holding S.à r.l.
Foreign entity · 1 companies
751.8 m DKK
Ownership value
Fine Biscuits Company (FBC) SA
Foreign entity · 1 companies
721.7 m DKK
Ownership value
Toyota Motor Europe NV/SA
Foreign entity · 1 companies
705.8 m DKK
Ownership value
Etex NV
Foreign entity · 1 companies
667.4 m DKK
Ownership value
Largest Danish companies with ownership
BNP PARIBAS FACTOR A/S
CVR: 23360616 · 100% ownership stake
10.1 bn DKK
Ownership value
JENSEN INDUSTRIAL GROUP A/S
CVR: 20594977 · 100% ownership stake
1.6 bn DKK
Ownership value
DEME Offshore DK A/S
CVR: 25490339 · 100% ownership stake
1.3 bn DKK
Ownership value
HAMAMATSU PHOTONICS A/S
CVR: 10048265 · 100% ownership stake
1.1 bn DKK
Ownership value
HERCULES INVESTMENT ApS
CVR: 25256883 · 100% ownership stake
839.1 m DKK
Ownership value
ESTEE LAUDER COSMETICS A/S
CVR: 65597810 · 100% ownership stake
838.5 m DKK
Ownership value
Danish Logistics Bidco ApS
CVR: 43280988 · 100% ownership stake
751.8 m DKK
Ownership value
KELSEN GROUP A/S
CVR: 27703666 · 100% ownership stake
721.7 m DKK
Ownership value
TOYOTA DANMARK A/S
CVR: 48456316 · 100% ownership stake
705.8 m DKK
Ownership value
Etex Holding Denmark ApS
CVR: 43908642 · 100% ownership stake
667.4 m DKK
Ownership value
Top industries
Anden finansiel formidling i.a.n.
9 companies
10.1 bn DKK
Ownership value
Ikke-finansielle holdingselskaber
43 companies
5.3 bn DKK
Ownership value
Køb og salg af egen fast ejendom
6 companies
1.5 bn DKK
Ownership value
Installation af industrimaskiner og -udstyr
1 companies
1.3 bn DKK
Ownership value
Udlejning af erhvervsejendomme
13 companies
1.2 bn DKK
Ownership value
Gennemløbsholdingselskaber
3 companies
1.2 bn DKK
Ownership value
Fremstilling af optiske instrumenter, magnetiske og optiske medier og fotografisk udstyr
1 companies
1.1 bn DKK
Ownership value
Engroshandel med parfumerivarer og kosmetik
1 companies
838.5 m DKK
Ownership value
Fremstilling af tvebakker, kiks, konserverede kager, tærter mv.
1 companies
721.7 m DKK
Ownership value
Engroshandel med motorkøretøjer
1 companies
705.8 m DKK
Ownership value
Development over time
| Period | Participants | Companies | Ownership value |
|---|---|---|---|
| Aug 2026 | 3,609 | 268 | 29.8 bn DKK |
| Aug 2026 | 3,613 | 270 | 29.8 bn DKK |
| Aug 2026 | 3,613 | 270 | 29.9 bn DKK |
| Aug 2026 | 3,616 | 270 | 29.9 bn DKK |
| Sep 2026 | 3,620 | 270 | 29.9 bn DKK |
| Sep 2026 | 3,623 | 271 | 29.9 bn DKK |
| Sep 2026 | 3,623 | 271 | 29.9 bn DKK |
| Sep 2026 | 3,627 | 272 | 29.9 bn DKK |
| Oct 2026 | 3,627 | 272 | 29.9 bn DKK |
| Oct 2026 | 3,630 | 274 | 29.9 bn DKK |
| Oct 2026 | 3,632 | 274 | 29.9 bn DKK |
| Oct 2026 | 3,635 | 261 | 29.7 bn DKK |
Companies in Denmark controlled from Belgium
According to Eurostat, 164 companies in Denmark were controlled from Belgium in 2024, employing 5,849 people. By number of companies, Belgium is number 13 of 41 countries.
- Companies
- 164
- People employed
- 5,849
- Value added
- EUR 571 million
1.2% of the foreign-controlled companies in Denmark
Control means the ultimate owner decides over the company, usually by holding more than half of the votes. That is narrower than the ownership stakes above, which include every registered owner from Belgium. Covers industry, construction and market services.