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Manufacture of basic metals

Current registrations 190division 24: 597
Starters, 12 months 52.6 per 100 · Belgium 8.8
Employment (FTE) 14,07071 employers · latest accounts
Median age 32.5 yearsBelgium 8.1 years

No bankruptcy in the past twelve months.

Activities

NACE 241 · 1 activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of basic metals24100 190 5 0 14,070

Filed accounts

NACE 241 · financial year 2025 · 124 filed annual accounts
Median solvency
47.6%
division 43.8% · Belgium 46.1%
Median net result
€23,139
division €23,098 · Belgium €16,539
Median equity
€805,328
division €487,439 · Belgium €98,485
Loss-making
30.1%
division 29.6% · Belgium 26.7%
Negative equity
8.1%
division 9.7% · Belgium 12.4%
Median return on equity
5.2%
division 7.5% · Belgium 15.9%
Median liquidity
1.83
division 1.71 · Belgium 1.66
Filed late
26.0%
financial year 2024, 131 filings · division 29.5% · Belgium 38.4%
Per financial year202020212022202320242025
Median solvency 40.9%37.5%41.3%42.2%41.5%47.6%
Median net result €19,247€39,556€40,081€23,442€15,780€23,139

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies

Bankruptcies, 5 years, still registered
1
0.53% of the registrations · Belgium 1.68%
Running bankruptcies
7
36.8 per 1,000 registrations

Recent bankruptcies

Date Company
28-04-2025 Liberty Galati S.A.
BE 0783.319.243

Every bankruptcy in division 24, last 90 days

Spread across the country

by region and province · 168 of 190 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 88 · 52.4%
  • Wallonia 57 · 33.9%
  • Brussels 4 · 2.4%
  • Abroad 19 · 11.3%
fewer moremax 24

Largest employers

NACE 241 as first main activity · staff from the latest accounts
  1. 1 ARCELORMITTAL BELGIUMBrussels 5,839 FTEfinancial year 2025
  2. 2 APERAM STAINLESS BELGIUMGenk 2,082 FTEfinancial year 2025
  3. 3 INDUSTEEL BelgiumCharleroi 920 FTEfinancial year 2025
  4. 4 LIBERTY LIEGE - DUDELANGE (BE)Flémalle 631 FTEfinancial year 2022
  5. 5 NLMK LA LOUVIERELa Louvière 602 FTEfinancial year 2025

Joint committees

from the latest accounts of 71 companies
  • 209 White-collar workers in metal manufacturing 45
  • 111 Metal, mechanical and electrical engineering 39
  • 200 Auxiliary committee for white-collar workers 12
  • 104 Steel industry 6
  • 124 Construction 6
  • 210 White-collar workers in the steel industry 6
  • 105 Non-ferrous metals 3
  • 100 Auxiliary committee for blue-collar workers 2
Show the 6 others
  • 142.01 Recovery of raw materials 2
  • 149.04 Metal trade 2
  • 224 White-collar workers in non-ferrous metals 2
  • 112 Garages 1
  • 120 Textile industry 1
  • 149 Sectors related to metal, mechanical and electrical engineering 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Division 24: Basic metals

Bankruptcies per year in division 24

Per year201520162017201820192020202120222023202420252026
Bankruptcies742253364323
Jobs lost651112176131790429521145

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Staff cost per FTE in NACE division 24

172 employers
Median
€66,900
Belgium €61,400
Middle half
€58,700 to €84,700
half of the employers lie between
Place among sectors
36 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €59,500 €49,900 to €72,900 55
10 to 49 FTE €65,000 €59,600 to €73,500 60
50 to 249 FTE €79,600 €67,600 to €88,700 44

Foreign control in NACE division 24

439 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €422.7m awarded 114 recipients · 2022 to 2025 · largest: Subsidie voor bedrijven ter compensatie van indirecte emissiekosten
  • Federal transfers 7.3m amount as published 2 recipients · 2023 to 2025 · largest: Financieringskost nucleaire bijdrage Synatom
  • EU budget €80.5m attributed share 5 recipients · 2022 to 2025 · largest: Innovation Fund
  • EU research €17.8m EU contribution 7 recipients · 2013 to 2027 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Manufacture of basic metals

Balance sheet and result. Return on equity of 5.2% is below Belgium's 15.9%. The median net result of €23,139 is above Belgium's €16,539. 8.1% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.4% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 32.5 years, against 8.1 years in Belgium. 11.1% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 2.6 of 100 companies started, against 8.8 in Belgium. That is fewer than in 90% of the 87 NACE divisions.

Staff and filing. 26.0% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 10,073 of the 14,070 FTE: 71.6%.

Direction. Median solvency rose from 40.9% in financial year 2020 to 47.6% in financial year 2025. The median net result rose from €19,247 in financial year 2020 to €23,139 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 05-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 241 exists.

The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.

The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,275,887 companies with a main activity, because only those belong to a division. The other 699,448 registrations publish no activity.

Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today.