Skip to content

Manufacture of machinery and equipment not elsewhere classified

NACE 28300 · division 28 Machinery and equipment
Current registrations 197division 28: 2,288
Starters, 12 months 84.1 per 100 · Belgium 8.9
Bankruptcies, 12 months 315.2 per 1,000 registrations · Belgium 6.2
Employment (FTE) 5,02757 employers · latest accounts
Median age 20.9 yearsBelgium 8.1 years
E-invoicing via Peppol 91.4%180 of 197 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 28300 · financial year 2025 · 140 filed annual accounts
Median solvency
40.7%
division 44.4% · Belgium 46.1%
Median net result
€49,371
division €34,717 · Belgium €16,492
Median equity
€705,163
division €464,801 · Belgium €98,323
Loss-making
23.6%
division 24.4% · Belgium 26.7%
Negative equity
5.0%
division 8.3% · Belgium 12.4%
Median return on equity
8.8%
division 11.2% · Belgium 15.9%
Median liquidity
1.66
division 1.78 · Belgium 1.66
Filed late
27.7%
financial year 2024, 137 filings · division 32.2% · Belgium 38.4%
Missing or 90 days late
2.8%
of 145 companies with annual accounts · division 3.8% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 42.8%42.7%39.5%38.6%38.1%40.7%
Median net result €69,601€77,043€75,701€40,216€38,501€49,371

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

Bankruptcies

Bankruptcies, 5 years, still registered
3
1.52% of the registrations · Belgium 1.68%
Running bankruptcies
5
25.4 per 1,000 registrations

Recent bankruptcies

Date Company
20-10-2026 Noordam, Johannes
BE 0546.730.008 · sole trader · Bastogne
16-09-2026 Delvano
BE 0405.329.940
03-09-2026 Constructie Werkhuizen Demaitere
BE 0406.542.143

Every bankruptcy in division 28, last 90 days

Spread across the country

by region and province · 164 of 197 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 133 · 81.1%
  • Wallonia 29 · 17.7%
  • Brussels 2 · 1.2%
fewer moremax 63

The balance sheets of division 28 on the map, by municipality and down to the address

Largest employers

NACE 28300 as first main activity · staff from the latest accounts
  1. 1 CNH INDUSTRIAL BELGIUMZedelgem 3,222 FTEfinancial year 2025
  2. 2 AVRRoeselare 240 FTEfinancial year 2025
  3. 3 PETERSIMEZulte 227 FTEfinancial year 2025
  4. 4 DEWULFRoeselare 194 FTEfinancial year 2025
  5. 5 SOCIETE DE CONSTRUCTIONS INDUSTRIELLES DE MACHINES AGRICOLES SOCIETE ANONYMESoumagne 169 FTEfinancial year 2025

Joint committees

from the latest accounts of 75 companies
  • 209 White-collar workers in metal manufacturing 46
  • 111 Metal, mechanical and electrical engineering 44
  • 200 Auxiliary committee for white-collar workers 15
  • 149.04 Metal trade 14
  • 201 Independent retail 5
  • 149 Sectors related to metal, mechanical and electrical engineering 2
  • 105 Non-ferrous metals 1
  • 132 Technical farming and horticulture work 1
Show the 1 others
  • 145 Horticulture 1

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

Division 28: Machinery and equipment

Related activities

26 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of machinery and equipment not elsewhere classified28250 455 15 2 2,741
Manufacture of machinery and equipment not elsewhere classified28990 340 12 3 2,941
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 classified28410 131 2 0 1,240
Manufacture of machinery and equipment not elsewhere classified28930 126 4 1 548
Show all 26 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of machinery and equipment not elsewhere classified28120 122 3 1 480
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 classified28110 54 2 0 964
Manufacture of machinery and equipment not elsewhere classified28150 53 2 0 1,518
Manufacture of machinery and equipment not elsewhere classified28940 46 2 0 1,323
Manufacture of machinery and equipment not elsewhere classified28291 44 0 1 948
Manufacture of machinery and equipment not elsewhere classified28130 40 1 0 3,583
Manufacture of machinery and equipment not elsewhere classified28920 40 3 0 128
Manufacture of machinery and equipment not elsewhere classified28230 29 0 0 331
Manufacture of machinery and equipment not elsewhere classified28293 24 1 1 663
Manufacture of machinery and equipment not elsewhere classified28420 22 1 1 106
Manufacture of machinery and equipment not elsewhere classified28140 21 2 0 199
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
Manufacture of machinery and equipment not elsewhere classified28910 11 2 1 228
Manufacture of machinery and equipment not elsewhere classified28960 9 0 0 27
Manufacture of machinery and equipment not elsewhere classified28950 7 0 0 172

Bankruptcies per year in division 28

Per year201520162017201820192020202120222023202420252026
Bankruptcies9111891813811721910
Jobs lost5813824117281133936863129119

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

645 employers
Median
€72,500
Belgium €61,400
Middle half
€60,800 to €86,400
half of the employers lie between
Place among sectors
22 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €65,400 €55,100 to €80,900 287
10 to 49 FTE €74,100 €62,300 to €86,500 252
50 to 249 FTE €83,500 €74,900 to €95,000 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

1,697 registered companies
Companies with a foreign parent
3.2%
55 of 1,697; Belgium 0.3%
Staff at those companies
39%
12,151 of 31,233 FTE; Belgium 14%

Main parent countries: Netherlands (12), Germany (9) and France (7).Show on the map by municipality

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €109.5m awarded 535 recipients · 2022 to 2025 · largest: Onderzoeksproject
  • Federal transfers 1.3m amount as published 4 recipients · 2023 to 2025 · largest: Steun aan het export in het raam van het OESO Verdrag aangaande export kredieten met de hulp van financiële instrumenten van commerciële of concessionele aard (cf. art. 2.14.6 en 2.14.15 van de wetsbepalingen)
  • EU budget €24.3m attributed share 22 recipients · 2021 to 2025 · largest: Linked to buildings
  • EU research €28.5m EU contribution 23 recipients · 2008 to 2026 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Manufacture of machinery and equipment not elsewhere classified

Balance sheet and result. The median net result of €49,371 is above Belgium's €16,492. 5.0% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 8.8% is below Belgium's 15.9%.

Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 20.9 years, against 8.1 years in Belgium. 16.8% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 4.1 of 100 companies started, against 8.9 in Belgium. That is fewer than in 77% of the 87 NACE divisions.

Staff and filing. 27.7% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 4,052 of the 5,027 FTE: 80.6%.

Direction. Median solvency fell from 42.8% in financial year 2020 to 40.7% in financial year 2025. The median net result fell from €69,601 in financial year 2020 to €49,371 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 10-11-2026 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 28300 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 1,276,421 companies with a main activity, because only those belong to a division. The other 699,557 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.

We would like to set cookies. That happens only with your consent. What we measure