European Growth Leaders 2026

Annual ranking data providerLSEG WorkspaceUsed with permission · acknowledgements

An independent academic observatory making Europe’s listed growth companies visible.

Francesco Castellaneta, Full Professor of Strategy, SKEMA Business School · Scientific Committee Diego Zunino and Jackie Krafft

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Annual rank34

Netherlands · Industrials

Heijmans

Combines property development, construction and technical services, and infrastructure across its Living, Working and Connecting activities.

+53%revenue growth
FY2022–FY2025
+119%net-income growth
FY2022–FY2025
+701%stock return
FY2022–FY2025
+44%2026 stock return
current context only

Company profile

Build the Netherlands in factories, on live sites and through software

Heijmans is a Dutch property developer, builder, technical-services provider and infrastructure contractor; it does not own the public networks and venues it works on. Current reporting groups several underlying businesses into Living, Working and Connecting. Its range runs from factory-built homes and data centres to high-voltage substations, tunnels and predictive maintenance, combining physical construction with prefabrication, sensors and software across the Netherlands.

Factory-built homes

A wind- and watertight home erected in one day

At Heerenveen, Heijmans digitally configures Horizon timber-frame homes and assembles demountable 2D wall, floor and roof elements plus 3D bathroom, installation and stair modules in its CO2-neutral factory. A wind- and watertight home can then be erected on site in one day. Standardised production still allows XS-to-L formats and varied facades for different neighbourhoods. An official 74-second timelapse follows 88 Horizon homes in 't Ven, Eindhoven, from construction start to handover.

Electricity infrastructure

480 modules for 120 high-voltage switching fields

At the Krachtveld plant in Ede, Heijmans will assemble and test 480 prefabricated modules for 120 switching fields over five years. TenneT commissioned the nearly EUR 80 million work and operates the grid; Heijmans is the manufacturer and contractor. The issuer says controlled production should be about 30% faster than traditional on-site construction. At Maasbracht, a separate EUR 194 million assignment upgrades a live 380 kV substation through 2029 while TenneT remains the operator.

Buildings and long-term service

Construct around aircraft, patients and secured computers

Working extends beyond a conventional handover. At the National Military Museum, Heijmans coordinated multiple disciplines beneath a 110-by-250-metre prefabricated roof and disclosed involvement across a 25-year operating period. A current North Holland data-centre contract covers an 11,000-square-metre, 10 MW building using prefabricated components, designed for water reuse and prepared for a district-heating connection that could reuse residual heat. At Amsterdam UMC, teams renovated an operational hospital ward in phases for five years, installing off-site-assembled ceiling skids. Heijmans is contractor and service participant, not museum, hospital or data-centre owner.

Smart infrastructure

About forty-five tunnel subsystems, one control layer and no driver

A modern tunnel can contain about 45 subsystems, from ventilation and lighting to escape doors and video. Heijmans' 3B platform brings their control, operation and monitoring together; BIM and gaming software simulate failures and train operators. In the Piet Hein Tunnel alliance with Amsterdam and Yunex Traffic, Heijmans integrated and installed the systems rather than operating the tunnel. Separate digital-mobility services connect roadside systems and maintenance data. A fully electric autonomous asphalt-roller prototype, developed with Avular and tested at Schiphol, follows pre-entered digital instructions, monitors temperature and operates without an onboard driver.

Current 2026 update

What has changed in 2026?

H1 2026 · 24 July 2026

H1 2026latest official update
4company-specific highlights
+44%2026 stock return · context only

Revenue

H1 revenue rose to EUR 1,517m from EUR 1,310m.

H1 2026 · EUR 1,517m · +15.8%

Underlying EBIT

H1 underlying EBIT rose to EUR 104m from EUR 82m.

H1 2026 · EUR 104m · +26.8%

Order book

The order book rose to EUR 4.1bn from EUR 3.0bn.

H1 2026 · EUR 4.1bn · +36.7%

Homes sold

Homes sold fell to 1,506 from 1,634 in H1.

H1 2026 · 1,506 homes · -7.8%

Annual record

Ranking history

Future editions add rows; they do not rewrite the 2026 record.

EditionMeasurement periodRankRevenue growthNet-income growthStock return
2026FY2022–FY202534+53%+119%+701%