Manufacture of machinery and equipment not elsewhere classified
Filed accounts
NACE 28250 · financial year 2025 · 273 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 46.6% | 45.6% | 43.8% | 47.9% | 49.1% | 47.9% |
| Median net result | €38,404 | €49,536 | €45,000 | €46,051 | €39,805 | €30,792 |
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Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 15-10-2026 | FROST KOELTECHNIEK
BE 0647.798.959 |
| 10-11-2025 | Modulec
BE 0667.760.074 |
| 30-04-2025 | HYPAIR BELGIUM
BE 0746.782.214 |
| 16-04-2025 | FRIGOMAN
BE 0417.269.947 |
| 03-07-2024 | FROSTEC
BE 0767.893.669 |
| 25-03-2024 | Van der Steen, Kristof
BE 0876.991.351 · sole trader · Maldegem |
| 19-09-2023 | Modulec
BE 0667.760.074 |
| 10-10-2022 | PIERINO HORECA
BE 0438.157.908 |
Spread across the country
by region and province · 341 of 455 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 28 on the map, by municipality and down to the address
Largest employers
NACE 28250 as first main activity · staff from the latest accounts- 1 Baltimore Aircoil InternationalHeist-op-den-Berg 324 FTEfinancial year 2025
- 2 TLD LEBRUNFrameries 189 FTEfinancial year 2025
- 3 EVAPCO EUROPETongeren-Borgloon 162 FTEfinancial year 2025
- 4 BTNDison 154 FTEfinancial year 2025
- 5 Clayton of BelgiumBornem 106 FTEfinancial year 2025
Joint committees
from the latest accounts of 133 companies- 149.01 Electricians: installation and distribution 50
- 200 Auxiliary committee for white-collar workers 50
- 111 Metal, mechanical and electrical engineering 42
- 209 White-collar workers in metal manufacturing 40
- 149 Sectors related to metal, mechanical and electrical engineering 12
- 124 Construction 9
- 149.04 Metal trade 6
- 201 Independent retail 5
Show the 3 others
- 100 Auxiliary committee for blue-collar workers 3
- 126 Furnishing and woodworking 2
- 125.01 Wood industry 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 28: Machinery and equipment
Related activities
11 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of machinery and equipment not elsewhere classified28220 | 240 | 4 | 3 | 5,370 |
| Manufacture of machinery and equipment not elsewhere classified28299 | 212 | 7 | 2 | 1,612 |
| Manufacture of machinery and equipment not elsewhere classified28295 | 62 | 0 | 0 | 398 |
| Manufacture of machinery and equipment not elsewhere classified28210 | 55 | 1 | 1 | 358 |
| Manufacture of machinery and equipment not elsewhere classified28291 | 44 | 0 | 1 | 948 |
| Manufacture of machinery and equipment not elsewhere classified28230 | 29 | 0 | 0 | 331 |
Show all 11 activities
| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of machinery and equipment not elsewhere classified28293 | 24 | 1 | 1 | 663 |
| Manufacture of machinery and equipment not elsewhere classified28292 | 19 | 1 | 0 | 154 |
| Manufacture of machinery and equipment not elsewhere classified28296 | 17 | 0 | 0 | 82 |
| Manufacture of machinery and equipment not elsewhere classified28294 | 14 | 1 | 0 | 10 |
| Manufacture of machinery and equipment not elsewhere classified28240 | 12 | 0 | 0 | 83 |
Bankruptcies per year in division 28
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 9 | 11 | 18 | 9 | 18 | 13 | 8 | 11 | 7 | 21 | 9 | 10 |
| Jobs lost | 58 | 138 | 241 | 17 | 281 | 13 | 39 | 36 | 86 | 31 | 29 | 119 |
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 28
646 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €65,400 | €55,100 to €80,900 | 287 |
| 10 to 49 FTE | €74,100 | €62,100 to €86,500 | 253 |
| 50 to 249 FTE | €84,200 | €74,900 to €95,400 | 92 |
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 28
1,696 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €109.5m awarded
- Federal transfers 1.3m amount as published
- EU budget €24.3m attributed share
- EU research €28.5m EU contribution
Insights on Manufacture of machinery and equipment not elsewhere classified
Balance sheet and result. The median net result of €30,792 is above Belgium's €16,520. 4.4% of the annual accounts show negative equity, against 12.4% in Belgium. 19.0% of the annual accounts close with a loss, against 26.7% in Belgium.
Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 14.5 years, against 8.1 years in Belgium. In 12 months, 3.3 of 100 companies started, against 8.9 in Belgium. That is fewer than in 83% of the 87 NACE divisions. 24.8% of the companies are sole traders, against 41.6% in Belgium.
Staff and filing. The 5 largest employers hold 934 of the 2,741 FTE: 34.1%.
Direction. Median solvency rose from 46.6% in financial year 2020 to 47.9% in financial year 2025. The median net result fell from €38,404 in financial year 2020 to €30,792 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 28250 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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.