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Manufacture of electrical equipment

NACE 27401 · division 27 Electrical equipment
Current registrations 54division 27: 1,060
Starters, 12 months 916.7 per 100 · Belgium 8.9
Bankruptcies, 12 months 118.5 per 1,000 registrations · Belgium 6.2
Employment (FTE) 22 employers · latest accounts
Median age 7.3 yearsBelgium 8.1 years
E-invoicing via Peppol 79.6%43 of 54 companies in the Peppol Directory · Belgium 85.0%

Bankruptcies

Bankruptcies, 5 years, still registered
3
5.56% of the registrations · Belgium 1.68%
Running bankruptcies
3
55.6 per 1,000 registrations

Recent bankruptcies

Date Company
16-12-2025 BE-LIGHTING CONCEPT
BE 0844.325.612
28-10-2025 QUILLA
BE 0505.948.139
19-04-2023 BELGIUM LED
BE 0810.130.637

Every bankruptcy in division 27, last 90 days

Spread across the country

by region and province · 27 of 54 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 18 · 66.7%
  • Wallonia 7 · 25.9%
  • Brussels 2 · 7.4%
fewer moremax 5

The balance sheets of division 27 on the map, by municipality and down to the address

Largest employers

NACE 27401 as first main activity · staff from the latest accounts
  1. 1 TEA-ENERGYHerent 1.0 FTEfinancial year 2025
  2. 2 DALAYRACBrussels 0.7 FTEfinancial year 2025

Companies

54 with this main activity

Joint committees

from the latest accounts of 6 companies
  • 200 Auxiliary committee for white-collar workers 5
  • 111 Metal, mechanical and electrical engineering 2
  • 100 Auxiliary committee for blue-collar workers 1
  • 209 White-collar workers in metal manufacturing 1

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

Division 27: Electrical equipment

Related activities

1 other activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of electrical equipment27402 252 7 3 1,108

Filed accounts of the division

NACE division 27 · financial year 2025 · 646 filed annual accounts
Median solvency
42.9%
Belgium 46.1%
Median net result
€17,226
Belgium €16,490
Median equity
€238,659
Belgium €98,313
Loss-making
30.7%
Belgium 26.7%
Negative equity
11.6%
Belgium 12.4%
Median return on equity
10.0%
Belgium 15.9%
Median liquidity
1.73
Belgium 1.66
Filed late
37.0%
financial year 2024, 548 filings · Belgium 38.4%
Missing or 90 days late
6.4%
of 715 companies with annual accounts · Belgium 5.4%
Per financial year20182019202020212022202320242025
Median solvency --37.9%40.3%38.2%42.1%42.0%43.5%
Median net result --€14,225€16,891€17,196€20,087€15,149€14,944
Filed late 36.7%45.6%40.4%40.0%38.3%39.6%37.0%-

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies per year in division 27

Per year201520162017201820192020202120222023202420252026
Bankruptcies56971176489128
Jobs lost13736313765261655183200160

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 27

194 employers
Median
€70,800
Belgium €61,400
Middle half
€58,000 to €89,200
half of the employers lie between
Place among sectors
23 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €66,800 €52,200 to €86,600 86
10 to 49 FTE €70,800 €59,600 to €84,400 76
50 to 249 FTE €83,100 €72,600 to €93,200 21

Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench

Foreign control in NACE division 27

729 registered companies
Companies with a foreign parent
2.6%
19 of 729; Belgium 0.3%
Staff at those companies
35%
4,211 of 12,038 FTE; Belgium 14%

Main parent countries: France (5), Switzerland (2) and Netherlands (2).Show on the map by municipality

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €23.7m awarded 184 recipients · 2022 to 2025 · largest: Onderzoeksproject
  • Federal transfers 3.2m amount as published 5 recipients · 2023 to 2025 · largest: Subsidies voor de verbetering van telecommunicatieconnectiviteit
  • EU budget €32.1m attributed share 11 recipients · 2021 to 2025 · largest: Horizon Europe
  • EU research €51.9m EU contribution 21 recipients · 2008 to 2026 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Manufacture of electrical equipment

Inflow and structure. In 12 months, 16.7 of 100 companies started, against 8.9 in Belgium. That is more than in 95% of the 87 NACE divisions. 50.0% of the companies are sole traders, against 41.6% in Belgium. This activity holds 5.1% of the registrations of Electrical equipment.

Staff and filing. The 2 largest employers hold 2 of the 2 FTE: 100.0%.

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 27401 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.

For NACE 27401, 17 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.

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