Euronext Brussels today hosted its annual New Year Event, organised in partnership with GUBERNA, the Belgian Institute for Corporate Governance. The event brought together key actors from Belgium’s financial ecosystem to celebrate and to recognise organisations for their strong performance and contribution to Belgium’s capital markets with the Euronext Brussels Awards 2025.
This year’s edition welcomed more than 500 participants, including leaders from the financial, corporate and public sectors. Speakers and panellists explored the central theme “AI and the Transformation of Our Industry,” addressing how technological innovation is reshaping our societies; from rapid structural changes across industries to emerging innovations, new business and investment opportunities, and the pressing need for greater integration of European capital markets.
Benoît van den Hove, CEO and Chairman of Euronext Brussels, said: “2025 has been an exceptional year for the Belgian market, with three new listings and record follow on activity with Belgian listed companies raising almost EUR5bn. The BEL 20 hit record highs for the first time in 17 years and then went on to surpass 5,000 points, a milestone that reflects the strength and resilience of our companies. Today, I am proud to celebrate this momentum and proud of the people who made it possible. At Euronext Brussels, we are committed to supporting companies as they grow, innovate and lead the way in transforming our industries. Yet, to ensure European businesses can continue to thrive and lead in areas like AI and technological innovation, greater integration across European capital markets remains essential.”
The Euronext Brussels Awards 2025 reflects the resilience and growth of the Euronext Brussels community over the past year, highlighting the best-performing listed companies, market participants, and law firms.
Winners of Euronext Brussels awards 2025:
| Award category | Gold | Silver | Bronze |
| BEL 20 Company of the Year | ELIA | UMICORE | KBC |
| BEL Mid Company of the Year | VASTNED | GIMV | SIPEF |
| BEL Small Company of the Year | EXMAR | WERELDHAVE BELGIUM | CFE |
| ECM Finance House of the Year | KBC SECURITIES | BNP PARIBAS FORTIS | DEGROOF PETERCAM |
| DCM Finance House of the Year | BNP PARIBAS FORTIS | BELFIUS | KBC SECURITIES |
| DCM ESG Finance House of the Year | BELFIUS | JEFFERIES | ING |
| Legal Firm of the Year | LINKLATERS | CLIFFORD CHANCE | ALLEN & OVERY |
| Cash Equity Brokerage House of the Year | MORGAN STANLEY INTERNATIONAL | JP MORGAN SECURITIES | HUDSON RIVER TRADING EUROPE |
| Belgian Cash Equity Brokerage House of the Year | KBC SECURITIES | BELFIUS BANK | LELEUX ASSOCIATED BROKERS |
| BELIR – Euronext Broker of the Year | KEPLER CHEUVREIX | KBC SECURITIES | DEGROOF PETERCAM |
| Cash Markets SME Liquidity Provider of the Year | KBC SECURITIES | BANQUE DEGROOF PETERCAM | VAN LANSCHOT KEMPEN WEALTH MANAGEMENT |
| Derivatives Markets Brokerage House of the Year | GOLDMAN SACHS INTERNATIONAL | MORGAN STANLEY EUROPE SE | UBS EUROPE SE |
| Derivatives Market Maker of the Year | SUSQUEHANNA INTERNATIONAL SECURITIES LIMITED | ALL OPTIONS INTERNATIONAL BV | MARKET WIZARDS BV |
Background:
These awards are based exclusively on measurable figures.
Performance for listed companies means the strongest increase in market capitalisation within the indicated peer group over the year 2025.
- BEL 20 Company of the year award is granted to the BEL20 company with the strongest increase in market capitalisation over the year (combined effect of evolution of share price and number of listed shares).
- BEL Mid Company of the year award is granted to the BEL Mid company with the strongest increase in market capitalisation over the year (combined effect of evolution of share price and number of listed shares).
- BEL Small Company of the year award is granted to the BEL Small company with the strongest increase in market capitalisation over the year (combined effect of evolution of share price and number of listed shares).
- ECM Finance House of the year award is based on the number of equity transactions listed on Euronext Brussels, weighted for the amount, advisory role and type of transaction involved.
- DCM Finance House of the year award is based on the number of bond transactions listed on Euronext Brussels, weighted for the amount, advisory role and type of transaction involved.
- DCM ESG Finance House of the year award is based on the number of ESG bond transactions listed on Euronext Brussels, weighted for the amount, advisory role and type of transaction involved.
- Legal Firm of the year award is based on the number of Debt Capital Markets (DCM) and Equity Capital Markets (ECM) transactions listed on Euronext Brussels, weighted for the amount, advisory role and type of transaction involved.
- Cash Equity Brokerage House of the year award is granted to the trading member who accounted for the highest volumes on the Euronext Brussels securities market.
- Belgian Cash Equity Brokerage House of the year award is granted to the Belgian trading member who accounted for the highest volumes on the Euronext Brussels securities market.
- BELIR – Euronext Broker of the Year award is granted to the Belgian broker obtaining the highest performance score in a survey conducted among listed companies by BELIR, the Belgian Investor Relations Association. Listed companies were asked to assess analyst coverage, corporate access, and equity sales, as well as the overall information they were provided with.
- Cash Markets SME Liquidity Provider of the year award is granted to the trading member who accounted for the highest liquidity providing volume on companies with market cap < €1 billion.
- Derivatives Markets Brokerage House of the year award is granted to the trading member who accounted for the highest number of contracts traded on the Euronext Brussels derivatives market.
