The Red Lions were at the receiving end when England pulled ahead through a penalty corner conversion by Iain Lewers. Belgium almost immediately hit back with Sebastien Dockier levelling the issue.
John-John Domen helped Belgium regain the lead in the second half before FLorent van Aubel pressed home the advantage in the 63rd minute. Ashley Jackson fired home a short corner two minutes from the final hooter, but Belgium had done enough to cap off a solid win.
The tournament must be an eye-opener of the rise of Belgium on the international hockey stage. They had earlier got the better of Olympic silver medalists Netherlands 2-1 and drew Olympic champions Germany 2-2 in their first game.
England earlier drew Germany 2-2 and had lost to the Netherlands 1-3. In another match, Netherlands sneaked past Germany 4-3 to take the second spot.