Forging of metal
Filed accounts of the division
NACE division 25 · financial year 2025 · 5,361 filed annual accountsStaff cost per FTE in NACE division 25
1,465 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €59,500 | €49,600 to €69,200 | 706 |
| 10 to 49 FTE | €65,600 | €57,300 to €74,800 | 619 |
| 50 to 249 FTE | €70,200 | €63,900 to €79,800 | 119 |
| 250 FTE or more | €83,600 | €77,100 to €95,300 | 21 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 09-10-2026 | R&F CONSTRUCT
BE 0467.063.413 |
| 26-05-2026 | Boone-Metaal
BE 1021.195.214 |
| 29-04-2026 | NOKKELE
BE 0760.349.049 |
| 02-01-2026 | Lenaerts Group
BE 0740.486.023 |
| 26-09-2025 | Robin Lemaire
BE 0607.948.389 |
| 23-06-2025 | Labat, Laurent
BE 0840.095.323 · sole trader · Seraing |
| 04-12-2024 | Carlier, Grégory
BE 0892.423.457 · sole trader · Namur |
| 22-11-2024 | GREGOBOIS
BE 0738.838.310 |
Running bankruptcies in the sector
NACE division 25Measured nationally: Of 108,548 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn. After five years, 20% were still open. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).
This counts companies with this main activity in the register on 4 November 2026. The outcome itself is not measured by sector. The activity of a company that leaves the register after its bankruptcy is too often not kept to compare closed cases fairly.
Spread across the country
by region and province · 480 of 961 enterprises with a registered office on file- Flanders
- Wallonia
- Brussels
This sector's balance sheets on the map, by municipality and down to the address
Largest employers
NACE division 25 · staff from the latest accounts- 1 FN HERSTALHerstal 1,489 FTEfinancial year 2025
- 2 NV BEKAERT SAZwevegem 1,149 FTEfinancial year 2025
- 3 F.A.L.-ACHELHamont-Achel 948 FTEfinancial year 2025
- 4 JORIS IDEWingene 652 FTEfinancial year 2025
- 5 RENSONWaregem 573 FTEfinancial year 2025
49 of the 5,923 companies in NACE division 25 have a parent company abroad. Main parent countries: Netherlands (12), Germany (7) and France (7). Together they employ 5,467 of the division's 41,710 FTE: 13%, against 15% for Belgium as a whole.
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €48.1m awarded
- Federal transfers 35.0m amount as published
- EU budget €63.2m attributed share
- EU research €16.8m eu contribution
Insights on Forging of metal
The number of starters per 100 companies in NACE division 25 is lower than that of 68% of the 87 NACE divisions with this figure.
This sector's historical share is higher than that of 66% of the 88 NACE divisions with this figure.
The median bankruptcy probability in NACE division 25 is 0.4%, against 0.2% for Belgium as a whole. It is computed over 6,097 scored companies.
The comparison with Belgium as a whole and with the other divisions is as of 04-11-2026 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 25401 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 25, not only NACE 25401. 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.