Belgium: Monthly Stock Market Performance Insight - February 2026

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Monthly Gainers

Monthly Losers

Average Return

1.71%

Total Stocks

158

View Detailed Market Cap Breakdown

Market Cap	Monthly Gainers	Monthly Losers	Average Return	Total Stocks
Large Cap	28	14	2.81%	42
Mid Cap	20	12	2.14%	35

Monthly Streak Leaders for February 2026

All (9) Large Cap (4) Mid Cap (4) Small Cap (1)

Stock	Streak	Streak Return
V Viohalco S.A \| VIO Industrials \| Large Cap	8 months ↑	179.02%
VIO has shown exceptional momentum with 8 consecutive positive months, delivering 179.02% returns.
C Cenergy Holdings \| CENER Industrials \| Large Cap	8 months ↑	133.02%
CENER has shown exceptional momentum with 8 consecutive positive months, delivering 133.02% returns.
S Solvac S.A \| SOLV Basic Materials \| Large Cap	2 months ↓	-16.06%
SOLV has posted 2 consecutive negative months with 16.06% losses.
S Syneos Health \| SYENS Basic Materials \| Large Cap	1 months ↓	-31.78%
Syneos Health pulls back after a 1-month decline (70.90 → 48.37), down 31.8%. Weak margins on 1.6B revenue with only 40.0M profit (2.6% margin) in Qtr ending Sep 2025 validate market skepticism. Structural improvements needed before sentiment shifts.
I Ion Beam \| IBAB Healthcare \| Mid Cap	5 months ↑	45.09%
IBAB maintains strong performance with 5 straight positive months, gaining 45.09%.
R Recticel S.A \| RECT Industrials \| Mid Cap	4 months ↑	35.53%
RECT maintains strong performance with 4 straight positive months, gaining 35.53%.
B Barco N.V \| BAR Technology \| Mid Cap	6 months ↓	-22.13%
BAR faces significant headwinds with 6 consecutive negative months, down 22.13%.
N Nyxoah S.A \| NYXH Healthcare \| Mid Cap	4 months ↓	-18.02%
Nyxoah S.A takes a breather following a 4-month decline (4.55 → 3.73), down 18.0%. Financial struggles compound the decline: despite 2.0M revenue, - 23.6M losses persist (-1195.7% margin) as of Qtr ending Sep 2025. Until profitability improves, caution remains warranted.
C CMB Tech N.V \| CMBT Energy \| Small Cap	2 months ↑	50.20%
CMB Tech N.V shows promise with a 2-month winning streak (9.86 → 14.81), delivering 50.2% gains. The financials tell a compelling story: 235.0M revenue generating 40.4M net profit (17.2% margin) demonstrates exceptional profit margins as of Qtr ending Mar 2025.

Belgium Market Monthly Gainers & Losers: February 2026

All (20) Large Cap (10) Mid Cap (10)

Top Belgium Stock Gainers (February 2026)

Stock	Month Open	Month Close	Monthly Change	Avg Daily Volume	Month Volume
V Viohalco S.A \| VIO Industrials \| Large Cap	€13.20	€15.96	23.72%	9.0K	197.4K
D Deme Group N.V \| DEME Industrials \| Large Cap	€167.00	€197.20	17.24%	16.0K	351.1K
A Ackermans & Van \| ACKB Industrials \| Large Cap	€248.60	€290.60	16.33%	31.0K	682.5K
C Cenergy Holdings \| CENER Industrials \| Large Cap	€19.46	€22.30	15.42%	12.1K	265.2K
A Anheuser-Busch InBev \| ABI Consumer Defensive \| Large Cap	€60.52	€68.82	14.55%	2.1M	45.8M
C CFE \| CFEB Industrials \| Mid Cap	€9.02	€12.10	32.39%	6.8K	150.0K
W What's Cooking \| WHATS Consumer Defensive \| Mid Cap	€122.50	€142.50	16.80%	792	17.4K
M Moury Construct S.A \| MOUR Industrials \| Mid Cap	€620.00	€710.00	14.52%	139	3.1K
C Care Property Invest \| CPINV Real Estate \| Mid Cap	€12.24	€13.80	12.93%	65.4K	1.4M
R Recticel S.A \| RECT Industrials \| Mid Cap	€10.18	€11.52	12.72%	43.5K	957.7K

Biggest Belgium Stock Losers (February 2026)

Stock	Month Open	Month Close	Monthly Change	Avg Daily Volume	Month Volume
S Syneos Health \| SYENS Basic Materials \| Large Cap	€70.90	€48.37	-31.89%	234.5K	5.2M
S Solvac S.A \| SOLV Basic Materials \| Large Cap	€80.40	€69.00	-14.81%	1.7K	38.4K
M Melexis N.V \| MELE Technology \| Large Cap	€62.75	€56.85	-10.82%	103.8K	2.3M
U Umicore \| UMI Industrials \| Large Cap	€19.13	€18.02	-10.35%	655.9K	14.4M
P Proximus \| PROX Communication Services \| Large Cap	€7.68	€6.99	-8.98%	552.5K	12.2M
E Econocom Group S.E \| ECONB Technology \| Mid Cap	€1.73	€1.55	-11.43%	51.5K	1.1M
H Hyloris \| HYL Healthcare \| Mid Cap	€7.84	€7.14	-10.53%	7.3K	159.9K
N Nyxoah S.A \| NYXH Healthcare \| Mid Cap	€4.02	€3.73	-8.35%	40.2K	885.1K
B Banque Nationale de \| BNB Financial Services \| Mid Cap	€435.00	€405.00	-6.68%	108	2.4K
E Evs Broadcast \| EVS Technology \| Mid Cap	€36.35	€34.05	-6.33%	20.2K	445.4K

Most Active Belgium Stocks During February 2026

All (10) Large Cap (5) Mid Cap (5)

Stock	Month Open	Month Close	Monthly Change	Avg Daily Volume	Monthly Volume
A Anheuser-Busch InBev \| ABI Consumer Defensive \| Large Cap	€60.52	€68.82	14.55%	2.1M	45.8M
A Azelis Group NV \| AZE Basic Materials \| Large Cap	€8.27	€8.40	0.48%	664.3K	14.6M
U Umicore \| UMI Industrials \| Large Cap	€19.13	€18.02	-10.35%	655.9K	14.4M
P Proximus \| PROX Communication Services \| Large Cap	€7.68	€6.99	-8.98%	552.5K	12.2M
S Solvay SA \| SOLB Basic Materials \| Large Cap	€24.70	€27.72	11.77%	434.6K	9.6M
B Bpost SA \| BPOST Industrials \| Mid Cap	€2.15	€2.14	-1.83%	162.7K	3.6M
O Ontex Group N.V \| ONTEX Consumer Defensive \| Mid Cap	€4.88	€4.64	-5.31%	132.5K	2.9M
B Barco N.V \| BAR Technology \| Mid Cap	€11.55	€10.91	-6.27%	131.2K	2.9M
O Onward Medical N.V \| ONWD Healthcare \| Mid Cap	€4.25	€4.20	-2.78%	75.4K	1.7M
D Deceuninck NV \| DECB Industrials \| Mid Cap	€2.30	€2.31	0.00%	67.1K	1.5M