Eubelius

What Eubelius does

Eubelius is Belgium's largest independent law firm, headquartered in Brussels with additional offices in Kortrijk and Antwerp. Founded in 1994, the firm operates as a private limited company (Eubelius SRL/BV) with approximately 150 attorneys and administrative staff organized across more than 25 practice areas covering Belgian and European business law. Its core services span Corporate and M&A, Tax, Real Estate, Banking and Finance, Capital Markets, Competition/FDI, Restructuring and Insolvency, Employment, Intellectual Property, Energy, Digital/Data Protection and AI, ESG and Sustainability, Life Sciences, State-owned Enterprises, and Dispute Resolution. The firm serves enterprise and government clients through a partner-led, relationship-driven engagement model, with named flagship relationships including Belgian REITs (Cofinimmo, WDP, Aedifica, Xior, Care Property Invest), the Belgian Federal Government, NMBS/SNCB, Port of Antwerp, Brussels Airport Company, and the European Innovation Council Fund.

The firm's revenue model is professional services billing on an hourly/quoted-fee basis consistent with the Belgian and European legal market. There is no proprietary technology platform; the underlying business is partner expertise, sector-specific regulatory knowledge (notably in Belgian REIT, nuclear energy, and state-owned enterprise law), and embedded institutional client relationships. The firm maintains an active thought-leadership ecosystem (Legal Eubdate newsletter, seminars, podcasts, Client Zone portal) and operates distribution through direct client engagement rather than indirect channels. The firm has no disclosed revenue, no parent company, no funding rounds, and no public listing, operating as an independent partnership.

Eubelius differentiates itself from international Magic Circle and Big-4 affiliated firms through its independence, which allows it to act for competing clients without network-level conflict constraints, combined with deep specialization in regulated Belgian sectors — particularly the REIT industry (where it advises the BE-REIT Association on regulatory and fiscal amendments), nuclear energy (Doel 4/Tihange 3 lifetime extension), and Belgian state-owned enterprises. Notable matters include the EUR 55.5 million Care Property Invest public capital increase, the House of Hospitality sale to KeBeK Private Equity, the SABCA acquisition by SFPI-FPIM and Sabena Aerospace, and a favorable 2024 Court of Justice ruling on DAC 6 professional privilege.

Name

Eubelius

Legal name

Eubelius

Website

https://eubelius.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

101–250 employees

Short description

Eubelius is Belgium's largest independent law firm, headquartered in Brussels with ~150 attorneys across 25+ practice areas. It serves enterprise and government clients — including Belgian REITs, state-owned entities, and the federal government — with full-service Belgian and European business law advisory.

Ownership category

akta.pro rank

Product category

Legal Services

NAICS

Offices of Lawyers (541110), Offices of Lawyers (54111), Legal Services (5411)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Environmental & Energy Law (BPAHAAAO)

Keywords

• Legal advisory services
• Corporate law
• Banking finance law
• M&A advisory
• Real estate law

Headquarters

HQ city

Brussels

HQ country

Belgium

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Legal services billing: Eubelius operates as a law firm providing legal advisory, litigation, and transactional services to enterprise and government clients. Revenue is generated through professional service fees, typically billed on an hourly rate basis, consistent with the Belgian and European legal services market. The firm is described as Belgium's largest independent law firm, serving clients across all areas of Belgian and European business law.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Eubelius is Belgium's largest independent law firm, providing full-service legal advisory across practice areas including ESG, Banking & Finance, Capital Markets, Corporate and M&A, Real Estate, IP/IT, and Tax. The firm serves Belgian and international clients across industries such as banking, finance, real estate, automotive, technology, energy, and food, delivering integrated legal counsel on complex domestic and cross-border matters.

Product overview

Eubelius is Belgium's largest independent law firm offering a comprehensive portfolio of legal services across multiple practice areas. The firm provides specialized expertise in Corporate and M&A, Tax, Real Estate, Banking & Finance, Digital/Data Protection & AI, ESG and Sustainability, Restructuring & Insolvency, State-owned Enterprises, Competition/FDI, Dispute Resolution, Employment, Intellectual Property, Energy, Life Sciences, and many other areas of Belgian and European business law. The firm also offers educational and informational products including Legal Eubdate (newsletter), Seminars, Podcasts, and emergency services such as Dawn Raids Emergency support and Whistleblowers assistance. The offering is structured as a full-service law firm with multiple practice area modules, not a technology product platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Banking & Finance Legal Services
• Capital Markets Legal Services
• Corporate and M&A Legal Services
• Real Estate Legal Services
• IP/IT Legal Services
• Tax Legal Services
• ESG Legal Services

Quantifiable outcome

• Eubelius assists Care Property Invest in EUR 55.5 million public capital increase following acquisition of nine healthcare real estate sites.
• +4 more outcomes

Named customers21 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Partnerships

19 partnerships are on record, tiered flagship, core and minor.

• Care Property InvestflagshipStrategic or Co-development Partner · 3 December 2025Eubelius assisted Care Property Invest in its EUR 55.5 million public capital increase following the acquisition of nine healthcare real estate sites. Eubelius acts as ongoing legal and tax adviser to Care Property Invest for acquisitions and divestments.
• BE-REIT AssociationcoreStrategic or Co-development PartnerEubelius provides ongoing assistance to the BE-REIT Association on the regulatory and fiscal framework of REITs and proposed legislative amendments. This relationship provides the firm with unique and strategic know-how in the Belgian REIT sector.
• HappyNest (BNP Paribas Fortis and Matexi joint venture)coreStrategic or Co-development PartnerEubelius acts as legal and tax advisor to HappyNest, a rent-to-own model joint venture between BNP Paribas Fortis and Matexi, where young professionals can rent a house with the option to buy it after a certain period.
• KeBeK Private EquityflagshipStrategic or Co-development PartnerEubelius advised Dovesco and the management team of House of Hospitality on the sale of the group to KeBeK Private Equity, including structuring of the transaction.
• AG Real Estate and AXA (reference shareholders)flagshipStrategic or Co-development PartnerEubelius acted as advisor to reference shareholders AG Real Estate and AXA in the public takeover bid for Befimmo.
• NextensacoreStrategic or Co-development PartnerEubelius acts as legal and tax adviser to Nextensa in connection with the renunciation of BE-REIT status of Leasinvest Real Estate and the business combination with Extensa.
• Brussels Airport CompanycoreStrategic or Co-development PartnerEubelius acts as legal and tax advisor to Brussels Airport Company regarding projects at Brucargo, the Airport Business District, the acquisition of the Brussels Airport Sheraton hotel, and investment in SkeyDrone.
• Belgian federal governmentflagshipStrategic or Co-development PartnerEubelius acts as legal and tax advisor to the Belgian federal government, notably in negotiations with Engie-Electrabel on the lifetime extension of two nuclear power plants (Doel 4 and Tihange 3), including business law structuring.
• NMBS/SNCBcoreStrategic or Co-development PartnerEubelius acts as legal and tax adviser to NMBS/SNCB in structuring and tendering for the development of its new headquarters, the sale of various office buildings, and the incorporation of the Wetenschapspark Leuven Noord project company together with the City of Leuven and KU Leuven.
• Port of AntwerpcoreStrategic or Co-development PartnerEubelius provides legal assistance to the Port of Antwerp in respect of the acquisition of NMP/SNTC.
• skeyescoreStrategic or Co-development PartnerEubelius assisted skeyes with the closing of a framework agreement with SOWAER for the establishment of a first digital tower centre in Namur, and in setting up subsidiaries and joint ventures such as EPNB and SkeyDrone.
• European Innovation Council FundflagshipStrategic or Co-development PartnerEubelius has been assisting the European Innovation Council Fund with equity or convertible debt investments in more than 62 transactions across 14 jurisdictions.
• SFPI-FPIM and Sabena AerospacecoreStrategic or Co-development PartnerEubelius assisted SFPI-FPIM and Sabena Aerospace in the acquisition of SABCA from Dassault Belgique Aviation.
• Flemish Government and PMVcoreStrategic or Co-development PartnerEubelius assisted the Flemish Government and PMV with the creation of the Flanders Future Techfund as a BV.
• Vlaamse Woonagentschap (Wonen Vlaanderen)coreStrategic or Co-development PartnerEubelius assisted the Flemish agency Wonen Vlaanderen with the reform of the social housing sector and the merger of social housing companies and social renting offices into housing companies.
• De LijncoreStrategic or Co-development PartnerEubelius acts as legal and tax adviser to the Flemish public transport operator De Lijn in respect of PPP projects related to large bus and tram depots.
• Pandox ABcoreStrategic or Co-development PartnerEubelius acts as legal adviser to Pandox AB in connection with the acquisition and management of its Belgian hotel portfolio.
• GO! (Flemish Community Education)minorStrategic or Co-development PartnerEubelius acts as legal adviser in connection with a mixed development project for GO! (Flemish Community Education).
• Soudal-Quickstep Pro cycling teamminorStrategic or Co-development PartnerEubelius assisted the Soudal-Quickstep Pro cycling team with the transfer of cyclist Remco Evenepoel to Red Bull-Bora-Hansgrohe.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Linklaters: Global Magic Circle firm with a major Brussels office active in Belgian and EU corporate, capital markets and litigation matters; competes for the cross-border mandates Eubelius also targets.
• Allen & Overy (A&O Shearman): Global Magic Circle / Shearman combination with deep Brussels presence in banking, finance, capital markets and FDI — overlaps with Eubelius's banking & finance and FDI practices.
• Freshfields Bruckhaus Deringer: Global elite firm with a Belgian office active in M&A, capital markets and disputes, competing for Eubelius's largest enterprise transactional mandates.
• Cleary Gottlieb Steen & Hamilton: Premier US/European firm with longstanding Belgian corporate and EU regulatory practice, competing for high-end Belgian M&A and regulatory mandates.
• Hogan Lovells: Global full-service firm with Belgian capabilities in corporate, real estate, energy and infrastructure, overlapping with Eubelius's PPP/infrastructure and energy practices.

Direct peers

• Loyens & Loeff: Benelux-headquartered full-service law and tax firm with a strong Belgian practice in tax advisory, REITs/funds, and corporate work — the closest private tax-led peer for Eubelius's tax and real estate franchises.
• Stibbe: Stibbe is the other large independent Benelux law firm headquartered in Brussels, competing head-to-head with Eubelius in Belgian M&A, banking & finance, real estate, and tax mandates for major Belgian corporates, REITs and financial institutions.

Regional players

• NautaDutilh: Leading Benelux law firm with strong Belgian practice in corporate, finance and litigation; a regional peer chasing similar Belgian enterprise and financial-institution mandates.
• De Brauw Blackstone Westbroek: Elite Benelux-headquartered firm (Dutch roots) that competes for cross-border Benelux M&A, capital markets and finance mandates, comparable in size and prestige to Eubelius within Benelux.

Emerging players

• Bird & Bird: International firm with a strong Belgian tech, IP, digital and life sciences practice; competes directly with Eubelius in the digital/data/AI, IP and life sciences subsegments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/EubeliusLaw
• YouTubevimeo.com/eubelius
• Facebookfacebook.com/eubelius
• LinkedInnl.linkedin.com/company/eubelius
• Instagraminstagram.com/eubelius_law

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eubelius