Manufacture of machinery and equipment not elsewhere classified
Filed accounts
NACE 28990 · financial year 2025 · 262 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 39.6% | 42.6% | 42.7% | 40.6% | 42.6% | 44.0% |
| Median net result | €30,805 | €33,269 | €33,581 | €34,892 | €31,050 | €28,214 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 14-10-2026 | Grenzebach Belgium
BE 0534.560.367 |
| 13-07-2026 | EEVE
BE 0674.791.485 |
| 12-03-2026 | SYGMA
BE 0459.445.250 |
| 18-02-2025 | BioLogics
BE 0898.727.368 |
| 10-07-2024 | GCK Technics
BE 0696.659.344 |
| 20-12-2023 | IMSP Society
BE 0742.558.358 |
| 14-10-2022 | Ventil Valves Control
BE 0465.253.075 |
| 16-02-2022 | SOZEN AUTOMATION
BE 0840.598.634 |
Spread across the country
by region and province · 320 of 340 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 28990 as first main activity · staff from the latest accounts- 1 HYDROGENICS EUROPEWesterlo 246 FTEfinancial year 2024
- 2 ECO3Mortsel 195 FTEfinancial year 2025
- 3 XEIKON MANUFACTURINGLier 191 FTEfinancial year 2025
- 4 TOMRA Food (Belgium)Leuven 181 FTEfinancial year 2025
- 5 AZOAntwerp 130 FTEfinancial year 2025
Joint committees
from the latest accounts of 139 companies- 209 White-collar workers in metal manufacturing 81
- 111 Metal, mechanical and electrical engineering 59
- 200 Auxiliary committee for white-collar workers 46
- 100 Auxiliary committee for blue-collar workers 6
- 149.04 Metal trade 6
- 149.01 Electricians: installation and distribution 4
- 112 Garages 3
- 149 Sectors related to metal, mechanical and electrical engineering 3
Show the 12 others
- 109 Clothing and garment industry 1
- 124 Construction 1
- 125.01 Wood industry 1
- 125.02 Wood industry 1
- 126 Furnishing and woodworking 1
- 130 Printing, graphic arts and newspapers 1
- 144 Agriculture 1
- 149.02 Coachwork 1
- 201 Independent retail 1
- 207 White-collar workers in the chemical industry 1
- 215 White-collar workers in the clothing and garment industry 1
- 302 Hotels and catering 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 28: Machinery and equipment
Related activities
6 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of machinery and equipment not elsewhere classified28930 | 126 | 4 | 1 | 548 |
| Manufacture of machinery and equipment not elsewhere classified28940 | 46 | 2 | 0 | 1,323 |
| Manufacture of machinery and equipment not elsewhere classified28920 | 40 | 3 | 0 | 128 |
| 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 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
1,697 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 €28,214 is above Belgium's €16,516. Return on equity of 11.2% is below Belgium's 15.9%. 9.2% of the annual accounts show negative equity, against 12.4% 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 16.4 years, against 8.1 years in Belgium. 5.9% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 3.5 of 100 companies started, against 8.9 in Belgium. That is fewer than in 83% of the 87 NACE divisions.
Staff and filing. 33.7% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 942 of the 2,917 FTE: 32.3%.
Direction. Median solvency rose from 39.6% in financial year 2020 to 44.0% in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 07-11-2026 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 28990 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 1,276,547 companies with a main activity, because only those belong to a division. The other 699,272 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.