Manufacture of electrical equipment
Filed accounts
NACE 27402 · financial year 2025 · 151 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 31.3% | 31.2% | 33.0% | 34.3% | 37.5% | 41.2% |
| Median net result | €9,387 | €10,037 | €11,079 | €11,124 | €8,741 | €5,701 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 14-07-2026 | Sign & Facade
BE 0411.954.545 |
| 27-04-2026 | E.D.C.-GENT
BE 0433.810.922 |
| 10-11-2025 | Neon Design
BE 0422.736.391 |
| 14-10-2025 | TRUST ELEC
BE 0738.550.080 |
| 02-07-2025 | Lunoo Lighting Solutions
BE 1008.050.922 |
| 28-10-2024 | ORBIT
BE 0437.507.414 |
| 21-05-2024 | Augusto Martinez, Manuel
BE 0808.053.352 · sole trader · Grâce-Hollogne |
Spread across the country
by region and province · 181 of 252 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 27 on the map, by municipality and down to the address
Largest employers
NACE 27402 as first main activity · staff from the latest accounts- 1 DELTA LIGHTWevelgem 275 FTEfinancial year 2025
- 2 ETAP Lighting InternationalMalle 240 FTEfinancial year 2025
- 3 Neonelite-PublimaPittem 60.5 FTEfinancial year 2025
- 4 Sign & FacadeDiest 50.5 FTEfinancial year 2025
- 5 Feilo Sylvania Lighting BelgiumSint-Truiden 47.4 FTEfinancial year 2021
Joint committees
from the latest accounts of 66 companies- 111 Metal, mechanical and electrical engineering 31
- 209 White-collar workers in metal manufacturing 30
- 200 Auxiliary committee for white-collar workers 23
- 149.01 Electricians: installation and distribution 16
- 149 Sectors related to metal, mechanical and electrical engineering 5
- 100 Auxiliary committee for blue-collar workers 2
- 109 Clothing and garment industry 2
- 201 Independent retail 2
Show the 5 others
- 215 White-collar workers in the clothing and garment industry 2
- 126 Furnishing and woodworking 1
- 130 Printing, graphic arts and newspapers 1
- 136 Paper and cardboard processing 1
- 222 White-collar workers in paper and cardboard processing 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 equipment27401 | 54 | 9 | 1 | 2 |
Bankruptcies per year in division 27
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 5 | 6 | 9 | 7 | 11 | 7 | 6 | 4 | 8 | 9 | 12 | 8 |
| Jobs lost | 13 | 73 | 63 | 13 | 76 | 526 | 16 | 5 | 51 | 83 | 200 | 160 |
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| Size | Median | Middle half | Employers |
|---|---|---|---|
| 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 companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €23.7m awarded
- Federal transfers 3.2m amount as published
- EU budget €32.1m attributed share
- EU research €51.9m EU contribution
Insights on Manufacture of electrical equipment
Balance sheet and result. The median net result of €5,701 is below Belgium's €16,497. Return on equity of 7.6% is below Belgium's 15.9%. 37.1% of the annual accounts close with a loss, against 26.7% in Belgium.
Bankruptcies. The median bankruptcy probability of 0.5% is above Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 17.3 years, against 8.1 years in Belgium. In 12 months, 2.8 of 100 companies started, against 8.9 in Belgium. That is fewer than in 90% of the 87 NACE divisions. Wallonia holds 30.7% of the seats, against 22.7% in Belgium.
Staff and filing. The 5 largest employers hold 674 of the 1,108 FTE: 60.8%.
Direction. Median solvency rose from 31.3% in financial year 2020 to 41.2% in financial year 2025. The median net result fell from €9,387 in financial year 2020 to €5,701 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 09-11-2026 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 27402 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 1,276,461 companies with a main activity, because only those belong to a division. The other 699,442 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.