Manufacture of electrical equipment
Filed accounts
NACE 27900 · financial year 2025 · 100 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 33.7% | 37.5% | 36.4% | 38.4% | 40.5% | 40.5% |
| Median net result | €11,946 | €24,326 | €16,475 | €30,880 | €24,933 | €24,567 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 31-08-2026 | ALINSTAL
BE 0432.820.730 |
| 26-08-2026 | CONNECTUM
BE 0471.761.280 |
| 01-07-2025 | Vandewalle, Marc
BE 0550.798.662 · sole trader · Ledegem |
Spread across the country
by region and province · 123 of 138 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 27900 as first main activity · staff from the latest accounts- 1 BARCOKortrijk 1,246 FTEfinancial year 2025
- 2 NikoSint-Niklaas 375 FTEfinancial year 2025
- 3 Bureau d'Electronique appliquéeLiège 328 FTEfinancial year 2026
- 4 PSS BELGIUMDendermonde 283 FTEfinancial year 2025
- 5 CHUBB SOMATI SYSTEMSAalst 195 FTEfinancial year 2025
Joint committees
from the latest accounts of 53 companies- 200 Auxiliary committee for white-collar workers 24
- 111 Metal, mechanical and electrical engineering 21
- 209 White-collar workers in metal manufacturing 19
- 149.01 Electricians: installation and distribution 9
- 149.04 Metal trade 3
- 207 White-collar workers in the chemical industry 3
- 116 Chemical industry 2
- 149 Sectors related to metal, mechanical and electrical engineering 2
Show the 4 others
- 112 Garages 1
- 120 Textile industry 1
- 201 Independent retail 1
- 214 White-collar workers in the textile industry 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 27: Electrical equipment
Related activities
10 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of electrical equipment27110 | 258 | 8 | 4 | 3,482 |
| Manufacture of electrical equipment27402 | 252 | 7 | 3 | 1,108 |
| Manufacture of electrical equipment27120 | 155 | 5 | 1 | 1,004 |
| Manufacture of electrical equipment27510 | 78 | 2 | 1 | 566 |
| Manufacture of electrical equipment27401 | 54 | 9 | 1 | 2 |
| Manufacture of electrical equipment27200 | 46 | 1 | 0 | 841 |
Show all 10 activities
| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of electrical equipment27320 | 43 | 6 | 0 | 1,556 |
| Manufacture of electrical equipment27330 | 29 | 4 | 0 | 108 |
| Manufacture of electrical equipment27520 | 15 | 0 | 0 | - |
| Manufacture of electrical equipment27310 | 10 | 1 | 0 | 156 |
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 €24,567 is above Belgium's €16,497. Return on equity of 9.8% is below Belgium's 15.9%. 31.0% 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 16.6 years, against 8.1 years in Belgium. 10.9% of the companies are sole traders, against 41.6% in Belgium. This activity holds 13.0% of the registrations of Electrical equipment.
Staff and filing. The 5 largest employers hold 2,427 of the 3,215 FTE: 75.5%.
Direction. Median solvency rose from 33.7% in financial year 2020 to 40.5% in financial year 2025. The median net result rose from €11,946 in financial year 2020 to €24,567 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 27900 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.