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Manufacture of basic metals

Current registrations 142division 24: 597
Starters, 12 months 139.2 per 100 · Belgium 8.8
Bankruptcies, 12 months 214.1 per 1,000 registrations · Belgium 6.2
Employment (FTE) 94827 employers · latest accounts
Median age 7.6 yearsBelgium 8.1 years

Activities

NACE 242 · 1 activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of basic metals24200 142 13 2 948

Filed accounts

NACE 242 · financial year 2025 · 71 filed annual accounts
Median solvency
35.6%
division 43.8% · Belgium 46.1%
Median net result
€23,273
division €23,098 · Belgium €16,539
Median equity
€152,504
division €487,439 · Belgium €98,485
Loss-making
21.1%
division 29.6% · Belgium 26.7%
Negative equity
9.9%
division 9.7% · Belgium 12.4%
Median return on equity
14.5%
division 7.5% · Belgium 15.9%
Median liquidity
1.55
division 1.71 · Belgium 1.66
Filed late
34.3%
financial year 2024 · division 29.5% · Belgium 38.4%
Per financial year202020212022202320242025
Median solvency 33.1%43.0%29.9%35.5%33.6%35.6%
Median net result €20,711€24,317€26,372€29,160€16,780€23,273

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

Bankruptcies

Bankruptcies, 5 years, still registered
4
2.82% of the registrations · Belgium 1.68%
Running bankruptcies
5
35.2 per 1,000 registrations

Recent bankruptcies

Date Company
29-07-2026 SOUDURE CONSULT
BE 0763.358.326
06-03-2026 WEBER BELGIë
BE 0436.808.717
27-11-2023 ROYAL METAL
BE 0665.564.510
30-08-2023 THINKPLUS
BE 0741.955.077

Every bankruptcy in division 24, last 90 days

Spread across the country

by region and province · 98 of 142 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 61 · 62.2%
  • Wallonia 30 · 30.6%
  • Brussels 3 · 3.1%
  • Abroad 4 · 4.1%
fewer moremax 20

Largest employers

NACE 242 as first main activity · staff from the latest accounts
  1. 1 WITZENMANN BENELUXRanst 158 FTEfinancial year 2025
  2. 2 Remi Claeys AluminiumLichtervelde 145 FTEfinancial year 2025
  3. 3 HYLINEGhent 75.6 FTEfinancial year 2025
  4. 4 VENTOOudenaarde 74.7 FTEfinancial year 2025
  5. 5 INDUSTRIELLE GENERALE, MAINTENANCE ET SERVICESSaint-Ghislain 68.1 FTEfinancial year 2025

Joint committees

from the latest accounts of 35 companies
  • 111 Metal, mechanical and electrical engineering 19
  • 209 White-collar workers in metal manufacturing 17
  • 200 Auxiliary committee for white-collar workers 8
  • 100 Auxiliary committee for blue-collar workers 3
  • 124 Construction 3
  • 149.04 Metal trade 2
  • 105 Non-ferrous metals 1
  • 120 Textile industry 1
Show the 3 others
  • 214 White-collar workers in the textile industry 1
  • 224 White-collar workers in non-ferrous metals 1
  • 226 White-collar workers in international trade, transport and logistics 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. The median net result of €23,273 is above Belgium's €16,539. Solvency of 35.6% is below Belgium's 46.1%. 21.1% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.8% is above Belgium's 0.2%.

Inflow and structure. Wallonia holds 31.9% of the seats, against 22.7% in Belgium. 31.0% of the companies are sole traders, against 41.6% in Belgium. This activity holds 23.8% of the registrations of Basic metals.

Staff and filing. 34.3% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 521 of the 948 FTE: 55.0%.

Direction. Median solvency rose from 33.1% in financial year 2020 to 35.6% in financial year 2025. The median net result rose from €20,711 in financial year 2020 to €23,273 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 242 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.