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Manufacture of basic metals

Current registrations 48division 24: 597
Starters, 12 months 12.1 per 100 · Belgium 8.8
Bankruptcies, 12 months 120.8 per 1,000 registrations · Belgium 6.2
Employment (FTE) 78016 employers · latest accounts
Median age 37.9 yearsBelgium 8.1 years

Filed accounts

NACE 24510 · financial year 2025 · 35 filed annual accounts
Median solvency
54.1%
division 43.8% · Belgium 46.1%
Median net result
€5,736
division €23,098 · Belgium €16,539
Median equity
€786,976
division €487,439 · Belgium €98,485
Loss-making
45.7%
division 29.6% · Belgium 26.7%
Negative equity
8.6%
division 9.7% · Belgium 12.4%
Median return on equity
2.0%
division 7.5% · Belgium 15.9%
Median liquidity
2.18
division 1.71 · Belgium 1.66
Filed late
33.3%
financial year 2024, 39 filings · division 29.5% · Belgium 38.4%
Per financial year202020212022202320242025
Median solvency 56.4%54.5%45.2%54.4%56.8%54.1%
Median net result €15,530€24,116€21,286€56,854€20,878€5,736

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Bankruptcies

Bankruptcies, 5 years, still registered
1
2.08% of the registrations · Belgium 1.68%
Running bankruptcies
2
41.7 per 1,000 registrations

Recent bankruptcies

Date Company
07-11-2025 Aciéries Somville
BE 0401.575.545

Every bankruptcy in division 24, last 90 days

Spread across the country

by region and province · 43 of 48 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 28 · 65.1%
  • Wallonia 14 · 32.6%
  • Abroad 1 · 2.3%
fewer moremax 12

Largest employers

NACE 24510 as first main activity · staff from the latest accounts
  1. 1 Consolidated Precision Products BelgiumHerstal 154 FTEfinancial year 2025
  2. 2 FONDATEL LECOMTEAndenne 150 FTEfinancial year 2025
  3. 3 VDL Weweler-ColaertPoperinge 96.6 FTEfinancial year 2025
  4. 4 ALLARD - EUROPETurnhout 93.9 FTEfinancial year 2025
  5. 5 OMCO INTERNATIONALAalter 73.0 FTEfinancial year 2025

Companies

48 with this main activity

Joint committees

from the latest accounts of 22 companies
  • 209 White-collar workers in metal manufacturing 17
  • 111 Metal, mechanical and electrical engineering 14
  • 100 Auxiliary committee for blue-collar workers 1
  • 149.01 Electricians: installation and distribution 1
  • 149.04 Metal trade 1
  • 200 Auxiliary committee for white-collar workers 1
  • 201 Independent retail 1

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

Division 24: Basic metals

Related activities

3 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of basic metals24520 23 0 0 250
Manufacture of basic metals24540 23 0 0 308
Manufacture of basic metals24530 18 0 0 56

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

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Insights on Manufacture of basic metals

Balance sheet and result. Return on equity of 2.0% is below Belgium's 15.9%. 45.7% of the annual accounts close with a loss, against 26.7% in Belgium. The median net result of €5,736 is below Belgium's €16,539.

Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 37.9 years, against 8.1 years in Belgium. 10.4% of the companies are sole traders, against 41.6% in Belgium. Wallonia holds 33.3% of the seats, against 22.7% in Belgium.

Staff and filing. 33.3% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 567 of the 780 FTE: 72.7%.

Direction. Median solvency fell from 56.4% in financial year 2020 to 54.1% in financial year 2025. The median net result fell from €15,530 in financial year 2020 to €5,736 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 24510 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.