Manufacture of fabricated metal products, except machinery and equipment
Filed accounts
NACE 25991 · financial year 2025 · 30 filed annual accounts| Per financial year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Median solvency | 39.1% | 38.4% | 34.3% |
| Median net result | €26,118 | €9,216 | €3,891 |
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Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 13-11-2025 | R Products
BE 1003.593.474 |
Spread across the country
by region and province · 34 of 46 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
The balance sheets of division 25 on the map, by municipality and down to the address
Largest employers
NACE 25991 as first main activity · staff from the latest accounts- 1 Brabantia S&L BelgiumPelt 279 FTEfinancial year 2025
- 2 DEMEYEREHerentals 82.7 FTEfinancial year 2025
- 3 VILLEROY & BOCH WELLNESSRoeselare 74.5 FTEfinancial year 2025
- 4 LOUVERS BELGIUM COMPANYZaventem 29.0 FTEfinancial year 2025
- 5 ATELIERS FERRARIAth 20.0 FTEfinancial year 2025
Companies
46 with this main activity- Brabantia S&L Belgium Pelt · 279 FTE
- DEMEYERE Herentals · 82.7 FTE
- VILLEROY & BOCH WELLNESS Roeselare · 74.5 FTE
- Kroko Kortrijk · 38.0 FTE
- BERTRAND MANUFACTURER Brussels · 33.7 FTE
- LOUVERS BELGIUM COMPANY Zaventem · 29.0 FTE
- EURAQUA-EUROPE Waregem · 22.4 FTE
- ATELIERS FERRARI Ath · 20.0 FTE
- INTERNATIONAL SANITARY WARE - MANUFACTURING CY. Kruisem · 18.7 FTE
- LAROB Brecht · 14.8 FTE
- SATELLITE INDUSTRIES Sint-Gillis (bij-Brussel) · 13.9 FTE
- MARCEL VERFAILLIE-LEROY Ypres · 11.8 FTE
- INNOVATIONS NOUVEAUTES RECHERCHES BODSON Engis · 9.3 FTE
- EVINOX Stavelot · 6.9 FTE
- RACLETTA Roeselare · 6.3 FTE
- SAMOY Izegem · 6.2 FTE
- FALK CULINAIR Haacht · 5.4 FTE
- ATELIER D.L.H.V. Wavre · 1.0 FTE
- ACTUEL-BE Oupeye · 0.7 FTE
- CONIMA Anderlecht · 0.1 FTE
- BD-TECH Schoten
- Bel, Emmy sole trader · Herselt
- Botte, Xavier sole trader · Mons
- Bougelet, Audrey sole trader · Doische
- BRAZIER Dalhem
- Claes, Michel sole trader · Lanaken
- EUROBULLES Etterbeek
- Grootaert, Luc sole trader · Chaumont-Gistoux
- HATWEO Zwevegem
- Heau Bilzen-Hoeselt
- Heydendal, Vincent sole trader · Aubel
- INNO² Lochristi
- KERKSTOEL PROF-EN SANICENTER NV Heist-op-den-Berg
- Le Fermoir Molenbeek-Saint-Jean
- Lemaire, Olivier sole trader · La Roche-en-Ardenne
- Lucas, Arjen sole trader · Antwerp
- Neirynck, Gino sole trader · Oostkamp
- NPL Métalia Molenbeek-Saint-Jean
- OPIFEX Mons
- Raisa, David sole trader · Bertrix
- R Products Houthalen-Helchteren
- Rynedyck, Nicolas sole trader · Froidchapelle
- SMTF TECHNIC Brussels
- SRP Raeren
- Steel 4 Ever Herenthout
- Vanardennen, Andrew sole trader · Geetbets
Joint committees
from the latest accounts of 17 companies- 111 Metal, mechanical and electrical engineering 13
- 209 White-collar workers in metal manufacturing 11
- 200 Auxiliary committee for white-collar workers 2
- 124 Construction 1
- 149 Sectors related to metal, mechanical and electrical engineering 1
- 201 Independent retail 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 25: Fabricated metal products
Related activities
5 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of fabricated metal products, except machinery and equipment25999 | 550 | 17 | 1 | 2,979 |
| Manufacture of fabricated metal products, except machinery and equipment25930 | 55 | 2 | 0 | 1,404 |
| Manufacture of fabricated metal products, except machinery and equipment25940 | 25 | 0 | 0 | 110 |
| Manufacture of fabricated metal products, except machinery and equipment25910 | 18 | 0 | 0 | 253 |
| Manufacture of fabricated metal products, except machinery and equipment25920 | 18 | 1 | 0 | 323 |
Bankruptcies per year in division 25
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 101 | 82 | 72 | 86 | 78 | 56 | 47 | 111 | 103 | 82 | 93 | 75 |
| Jobs lost | 617 | 314 | 414 | 476 | 472 | 227 | 211 | 322 | 532 | 349 | 318 | 297 |
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 25
1,465 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €59,500 | €49,900 to €69,200 | 705 |
| 10 to 49 FTE | €65,700 | €57,400 to €74,800 | 620 |
| 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
Running bankruptcies in the sector
NACE division 25Measured nationally: Of 108,725 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 11 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.
49 of the 5,920 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 41,730 FTE: 13%, against 14% 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 Manufacture of fabricated metal products, except machinery and equipment
Balance sheet and result. The median net result of €3,891 is below Belgium's €16,490. 46.7% of the annual accounts close with a loss, against 26.7% in Belgium. Solvency of 34.3% is below Belgium's 46.1%.
Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 22.4 years, against 8.1 years in Belgium. Brussels holds 20.6% of the seats, against 12.5% in Belgium. 26.1% of the companies are sole traders, against 41.6% in Belgium.
Staff and filing. 23.3% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 485 of the 525 FTE: 92.3%.
Direction. Median solvency fell from 39.1% in financial year 2023 to 34.3% in financial year 2025. The median net result fell from €26,118 in financial year 2023 to €3,891 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 11-11-2026 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 25991 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 1,276,472 companies with a main activity, because only those belong to a division. The other 699,781 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. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.