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Manufacture of basic metals

Current registrations 23division 24: 597
Employment (FTE) 3086 employers · latest accounts

No starter in the past twelve months. No bankruptcy in the past twelve months.

Bankruptcies

Bankruptcies, 5 years, still registered
1
4.35% of the registrations · Belgium 1.68%
Running bankruptcies
1
43.5 per 1,000 registrations

Recent bankruptcies

Date Company
22-03-2024 METAMAGMA FONDERIE D'ART
BE 0777.376.608

Every bankruptcy in division 24, last 90 days

Spread across the country

by region and province · 20 of 23 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 12 · 60.0%
  • Wallonia 8 · 40.0%
fewer moremax 3

Largest employers

NACE 24540 as first main activity · staff from the latest accounts
  1. 1 CastingparSeneffe 178 FTEfinancial year 2023
  2. 2 AffilipsTienen 109 FTEfinancial year 2025
  3. 3 HASSALHasselt 13.2 FTEfinancial year 2025
  4. 4 Van Geert Art FoundryAalst 6.0 FTEfinancial year 2025
  5. 5 EJ PRODUCTSHerent 1.0 FTEfinancial year 2025

Companies

23 with this main activity

Joint committees

from the latest accounts of 10 companies
  • 209 White-collar workers in metal manufacturing 5
  • 111 Metal, mechanical and electrical engineering 4
  • 105 Non-ferrous metals 3
  • 224 White-collar workers in non-ferrous metals 3
  • 116 Chemical industry 1
  • 121 Cleaning 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 metals24510 48 1 1 780
Manufacture of basic metals24520 23 0 0 250
Manufacture of basic metals24530 18 0 0 56

Filed accounts of the division

NACE division 24 · financial year 2025 · 362 filed annual accounts
Median solvency
43.8%
Belgium 46.1%
Median net result
€23,098
Belgium €16,539
Median equity
€487,439
Belgium €98,485
Loss-making
29.6%
Belgium 26.7%
Negative equity
9.7%
Belgium 12.4%
Median return on equity
7.5%
Belgium 15.9%
Median liquidity
1.71
Belgium 1.66
Filed late
29.5%
financial year 2024 · Belgium 38.4%
Per financial year20182019202020212022202320242025
Median solvency --41.4%40.6%40.8%44.2%41.8%44.3%
Median net result --€18,855€35,341€33,014€31,527€25,491€21,506
Filed late 29.2%37.9%29.9%26.6%29.2%29.4%29.5%-

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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

Inflow and structure. This activity holds 3.9% of the registrations of Basic metals.

Staff and filing. The 5 largest employers hold 307 of the 308 FTE: 99.7%.

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 24540 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.

For NACE 24540, 17 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.