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Manufacture of basic metals

NACE 2444 · division 24 Basic metals
Current registrations 7division 24: 597
Starters, 12 months 23division 24 · 3.9 per 100 · Belgium 7.5
Employment (FTE) 25,103division 24 · financial year 2025
Median age 20.9 yearsdivision 24 · Belgium 10.7 years

No bankruptcy in the past five years.

Filed accounts of the division

NACE division 24 · financial year 2025 · 361 filed annual accounts
Median solvency
44.0%
Belgium 46.2%
Median net result
€23,119
Belgium €16,557
Median equity
€489,104
Belgium €98,554
Loss-making
29.7%
Belgium 26.7%
Negative equity
9.7%
Belgium 12.4%
Median return on equity
7.3%
Belgium 15.9%
Median liquidity
1.71
Belgium 1.66

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

Spread across the country

by region and province · 4 of 7 enterprises with a registered office on file
  • Flanders 3 · 75.0%
  • Unknown 1 · 25.0%
fewer moremax 3

Largest employers

NACE division 24 · 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 Aluminium DuffelDuffel 893 FTEfinancial year 2025
  5. 5 AURUBIS OLENOlen 704 FTEfinancial year 2025

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

The number of starters per 100 companies in NACE division 24 is lower than that of 79% of the 87 NACE divisions with this figure.

This sector's historical share is lower than that of 91% of the 88 NACE divisions with this figure.

The median bankruptcy probability in NACE division 24 is 0.5%, against 0.2% for Belgium as a whole. It is computed over 396 scored companies.

The comparison with Belgium as a whole and with the other divisions is as of 02-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. The count follows the NACE 2025 classification, the version in which code 2444 exists.

The historical share is the share of current registrations for which a bankruptcy opening was published in the past five years. A company with more than one main activity counts in each of those sectors. The historical share is not a future bankruptcy probability.

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 "higher than 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Their number is given with the figure.

The filed-accounts figures cover the whole NACE division 24, not only NACE 2444. There are too few filed annual accounts per five-digit code to compute them separately. Each median is the value of the middle company, computed over the division's 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.