The economy of Belgium is 22nd largest in world, with a nominal GDP of USD 689.36 billion. Belgium economy is dominated by its service sector, comprising 77.2% of the GDP and employing 80.1% of the labour force. France and Netherlands are the largest trading partner of Belgium.
Belgium has a thriving startup ecosystem supported by key factors like its location, access to sea routes with modernised ports, development of industries, developed cooperative banking sector, developed social market economy, rich in natural resources, highly efficient and strong social security system, also developed in exports top-ranked educational institutions and government regulations. The majority of Belgium startups are located in Brussels and Antwerp.
We, at Tracxn, keep a track of the latest happenings in the world of startups and their associated ecosystems - including venture capital funds, private equity funds and investment banks amongst others.
In this edition, we have the ‘Soonicorn Club of BelgiumTech 2026’– an exclusive list of the most promising BelgiumTech startups that have also reached significant valuation milestones over the previous few years.