Best Auto Companies in Belgium
The 195 best Auto companies in Belgium in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: KION Group.
Belgium's Auto sector draws more attention than its funding totals might suggest. This directory tracks 195 companies, with $645M in total disclosed funding, and the range is stark: Lizy sits at $52M, while KION Group accounts for $587M of that pool on its own. That's not a balanced ecosystem. It's one outsized filer and a long tail of smaller players, most of them bootstrapped or lightly backed by investors like Europa, Start it @KBC, and Sambrinvest.
So what does the real momentum look like? Across 552 automotive and adjacent apps, median install growth is running at roughly +22% YoY, which tells you consumer engagement is climbing even where capital is scarce. Hot coverage themes right now include vehicle sales forecasts and automotive segment growth, and auto sales satisfaction has actually slipped for the first time in years, a signal worth watching if you're evaluating demand-side plays. I'd keep an eye on CarsOnTheWeb and Auctelia too, both at $2M funded, both operating in the transaction layer where margin pressure tends to show up first. The directory you're looking at ranks these companies by disclosed equity funding and recent momentum. Use it accordingly.
- Middle-income consumers turning more toward used cars, survey finds
Our analysis of 256 Auto companies
$29.3b in tracked funding; 77% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Auto companies in Belgium
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | KION Group Manufacturer of forklifts, warehouse equipment and other industrial trucks | $587M | 108 mo ago | Public | Rob Smith CEO | 2006 | Apple iCloud MailMicrosoft 365Java+10 | — | — |
| 2 | Lizy Provider of leasing services | $52M | 9 mo ago | Series A | Vincent Castus Co-Founder | 2019 | WebflowSentryNode.js+25 | — | 1 job opening |
| 3 | CarsOnTheWeb Online used car auction services provider | $2M | 186 mo ago | Acquired | — | 2004 | — | — | — |
| 4 | Auctelia Online auctioneer and direct sales of used industrial machinery and professional equipment | $2M | 128 mo ago | Acquired | — | 2009 | SentryTypeScriptNode.js+27 | — | — |
| 5 | Bridgestone Manufacturer and supplier of automotive tyres | $766K | 69 mo ago | Funding Raised | — | 2018 | Adobe Experience ManagerJavaPlyr+10 | 4 patents Advanced tire rubber compounds, self-healing materials, and wear assessment technologies. | 1 partnership |
| 6 | GSL Motors Dealer of cars | $664K | 206 mo ago | Funding Raised | — | 1998 | WordPressPleskMySQL+22 | — | — |
| 7 | Team Cyclis Bicycle leasing service provider | $267K | 110 mo ago | Acquired | Joep Kempen CEO | 2014 | WordPressApple iCloud MailMicrosoft 365+40 | — | — |
| 8 | eXia Belgium Provider of electrostatic sensing solution for automotive industry | $69K | 156 mo ago | Seed | Bart Truyen Co-Founder | 2013 | — | — | — |
Top 12 Auto companies in Belgium
#1
Series A · Ixelles, Brussels · founded 2019 · 19 employees$52.1Mraised▾
Provider of leasing services
- Aug 2025Series A$11.7M
- Aug 2025Conventional Debt$75.9M
- Feb 2024Series A$12.4M
- Oct 2022Series A$39.7M
#2
Public · Antwerp, Flanders · founded 2006 · 41149 employees$587.1Mraised▾
The KION Group sells forklift trucks, warehouse equipment and technology, and associated services from its seven brand companies around the world. Its Linde and STILL brands serve the premium segment worldwide, while Baoli focuses on the economy segment, Fenwick is the material-handling market leader in France, OM is a market leader in Italy while Voltas is one of the two market leaders in India and Egemin Automation is a leading Belgian logistics automation specialist. In 2022, the company recorded annual revenues of $11.63B and a net profit of $0.09B.
#3
Acquired · Tienen, Flanders · founded 2004 · 86 employees$2.3Mraised▾
CarsOnTheWeb is an online used car auction website exclusively for professional car dealers and traders. It offers new and used vehicles, passenger cars, delivery vans and light trucks to car traders and dealers.
- Dec 2010Series A$2.3M
#4
Funding Raised · Zaventem, Flanders · founded 2018 · 396 employees$765.6Kraised▾
Manufacturer and supplier of automotive tyres
- Sep 2020Grant (prize money)$271.7K
- Sep 2019Grant (prize money)$493.9K
#5
Acquired · Mont Saint Guibert, Wallonia · founded 2009 · 6 employees$1.7Mraised▾
Online auctioneer and direct sales of used industrial machinery and professional equipment. It offers an online marketplace where used professional equipment and machinery may be auctioned off and sold. Sellers can put the equipment's specifications on the marketplace, and buyers can look for the equipment they need and place an offer for a direct sale or place a bid on it. The transaction is completed if the seller accepts the bid or offer.
- Oct 2015Seed$913.3K
- Dec 2011Seed$808K
- Jul 2011Seed—
#6
Funding Raised · Wallonia · founded 1998 · 24 employees$663.8Kraised▾
Dealer of cars
- Apr 2009Conventional Debt$663.8K
#7
Acquired · Beringen, Flanders · founded 2014 · 26 employees$266.8Kraised▾
Bicycle leasing service provider
- Apr 2017Seed$266.8K
#8
Seed · Brussels, Brussels · founded 2013 · 6 employees$69Kraised▾
Developer of electrostatic sensor technology designed to reduce the frequency of blind spot accidents. The company's capacitive blind spot sensors use automotive proximity sensing technology that warns the driver utilizing a visual light emitting diode display and acoustic signals, enabling users to avoid a potential collision with vulnerable road users during turning maneuvers.
- 2013Seed$69K
#9
Funding Raised · Lummen, Flanders · founded 1923 · 167 employees—raised▾
Bosal is a manufacturer and supplier of emission control system & exhaust systems to OEMs and aftermarket. The company manufactures components such as exhaust systems & emission control systems for passenger vehicle and commercial vehicles. They also offer heat ex changers for industrial purpose.
#10
Seed · Puurs, Flanders · founded 2006 · 86 employees—raised▾
Provider of automotive dealership services
#11
Public · Zwevegem, Flanders · founded 1880 · 640 employees—raised▾
Manufacturer and supplier of automotive steel wire components
#12
Funding Raised · Brussels, Brussels · founded 1963 · 2548 employees—raised▾
Brand of cars
Funding & investor landscape
Notable founders
How research on Autonomous Vehicles is moving in Belgium
A read on the academic research around Autonomous Vehicles — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 97 Belgium-affiliated papers.
- European Union of Medical Specialists18
- Union des Industries Ferroviaires Européennes14
- KU Leuven9
- Hasselt University5
- Siemens5
- Control theory (sociology)3
- Object detection3
- Model predictive control2
- Nonlinear system2
- Enhanced Data Rates for GSM Evolution2
- Cruise control2
- Advanced driver assistance systems2
- Human factors and ergonomics2
- Poison control2
- Cloud computing2
- Context (archaeology)7
- Humanities6
- Subject (documents)4
- Consumption (sociology)3
- Sustainability2
Where autonomous vehicles is researched across Belgium
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.