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Manufacture of electrical equipment

NACE 27401 · division 27 Electrical equipment
Current registrations 54division 27: 1,059
Starters, 12 months 44division 27 · 4.2 per 100 · Belgium 7.5
Bankruptcies, 5 years 35.56% of the registrations · Belgium 1.61%
Employment (FTE) 15,162division 27 · financial year 2025
Median age 14.6 yearsdivision 27 · Belgium 10.7 years

Filed accounts of the division

NACE division 27 · financial year 2025 · 643 filed annual accounts
Median solvency
43.0%
Belgium 46.2%
Median net result
€17,232
Belgium €16,554
Median equity
€240,080
Belgium €98,547
Loss-making
30.6%
Belgium 26.7%
Negative equity
11.5%
Belgium 12.4%
Median return on equity
10.0%
Belgium 15.9%
Median liquidity
1.74
Belgium 1.66

Staff cost per FTE in NACE division 27

194 employers
Median
€70,700
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 €70,700 €59,600 to €84,400 76
50 to 249 FTE €83,100 €72,600 to €93,200 21

Bankruptcies

Bankruptcies, 12 months
12
division 27 · 11.3 per 1,000 registrations · Belgium 5.5

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
  • Flanders 18 · 66.7%
  • Wallonia 7 · 25.9%
  • Brussels 2 · 7.4%
fewer moremax 5

Largest employers

NACE division 27 · staff from the latest accounts
  1. 1 ALSTOM BelgiumCharleroi 1,669 FTEfinancial year 2026
  2. 2 BARCOKortrijk 1,246 FTEfinancial year 2025
  3. 3 Kabelwerk Eupen AGEupen 804 FTEfinancial year 2025
  4. 4 NEXANS BENELUXCharleroi 542 FTEfinancial year 2025
  5. 5 NikoSint-Niklaas 375 FTEfinancial year 2025

Foreign control in NACE division 27

728 registered companies

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 €51.4m eu contribution 20 recipients · 2008 to 2026 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Manufacture of electrical equipment

The number of starters per 100 companies in NACE division 27 is lower than that of 75% of the 87 NACE divisions with this figure.

This sector's historical share is higher than that of 99% of the 88 NACE divisions with this figure.

The median bankruptcy probability in NACE division 27 is 0.4%, against 0.2% for Belgium as a whole. It is computed over 721 scored companies.

The comparison with Belgium as a whole and with the other divisions is as of 03-11-2026 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 27401 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 27, not only NACE 27401. 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.