Manufacture of motor vehicles, trailers and semi-trailers
Activities
NACE division 29 · 5 activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of motor vehicles, trailers and semi-trailers29201 | 250 | 16 | 1 | 648 |
| Manufacture of motor vehicles, trailers and semi-trailers29320 | 188 | 7 | 1 | 5,654 |
| Manufacture of motor vehicles, trailers and semi-trailers29202 | 131 | 10 | 2 | 967 |
| Manufacture of motor vehicles, trailers and semi-trailers29100 | 113 | 3 | 1 | 15,241 |
| Manufacture of motor vehicles, trailers and semi-trailers29310 | 71 | 3 | 1 | 566 |
Filed accounts
NACE division 29 · financial year 2025 · 432 filed annual accounts| Per financial year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Median solvency | - | - | 40.3% | 38.7% | 39.0% | 38.1% | 39.7% | 41.5% |
| Median net result | - | - | €21,807 | €29,856 | €26,022 | €32,100 | €28,261 | €21,610 |
| Filed late | 29.7% | 43.1% | 35.6% | 36.5% | 35.3% | 32.3% | 35.9% | - |
Hold your customer's or competitor's figures against them in the Sector benchmark
Staff cost per FTE in NACE division 29
148 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €60,200 | €49,000 to €72,400 | 62 |
| 10 to 49 FTE | €66,700 | €60,400 to €78,000 | 48 |
| 50 to 249 FTE | €73,600 | €63,100 to €86,200 | 26 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Bankruptcies
Bankruptcies per year in division 29
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 5 | 6 | 8 | 2 | 6 | 3 | 8 | 4 | 6 | 3 | 8 | 4 |
| Jobs lost | 349 | 50 | 11 | 5 | 8 | 6 | 9 | 61 | 91 | 2,470 | 14 | 242 |
2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.
Recent bankruptcies
| Date | Company |
|---|---|
| 05-10-2026 | ASTRIA
BE 0460.522.940 |
| 15-09-2026 | Trico Belgium
BE 0451.868.065 |
| 09-04-2026 | TWIN ARC
BE 0480.377.949 |
| 17-02-2026 | Carrosserie Van Dijck
BE 0431.534.687 |
| 11-12-2025 | Collette, Lionnel
BE 0567.745.255 · sole trader · Hotton |
| 18-11-2025 | Pirnay Remorques
BE 0772.583.125 |
| 10-10-2025 | Engine Of Passion
BE 0660.841.796 |
| 17-09-2025 | Garage Hallak
BE 0801.107.657 |
Spread across the country
by region and province · 561 of 741 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
This sector's balance sheets on the map, by municipality and down to the address
Largest employers
NACE division 29 · staff from the latest accounts- 1 VOLVO CAR BELGIUM NVGhent 5,497 FTEfinancial year 2025
- 2 VOLVO GROUP BELGIUMGhent 3,810 FTEfinancial year 2025
- 3 DAF TRUCKS VLAANDERENWesterlo 1,915 FTEfinancial year 2025
- 4 TENNECO AUTOMOTIVE EUROPESint-Truiden 785 FTEfinancial year 2025
- 5 Aisin EuropeBraine-l'Alleud 780 FTEfinancial year 2026
Joint committees
from the latest accounts of 250 companies- 209 White-collar workers in metal manufacturing 105
- 111 Metal, mechanical and electrical engineering 96
- 200 Auxiliary committee for white-collar workers 67
- 149.02 Coachwork 49
- 112 Garages 28
- 149.04 Metal trade 13
- 149 Sectors related to metal, mechanical and electrical engineering 9
- 126 Furnishing and woodworking 7
Show the 12 others
- 149.01 Electricians: installation and distribution 7
- 207 White-collar workers in the chemical industry 7
- 100 Auxiliary committee for blue-collar workers 6
- 109 Clothing and garment industry 6
- 116 Chemical industry 6
- 201 Independent retail 4
- 215 White-collar workers in the clothing and garment industry 4
- 120 Textile industry 2
- 124 Construction 2
- 121 Cleaning 1
- 130 Printing, graphic arts and newspapers 1
- 140 Transport and logistics 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Foreign control in NACE division 29
437 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €31.1m awarded
- Federal transfers 401,225 amount as published
- EU budget €1.1m attributed share
- EU research €6.9m EU contribution
Insights on Motor vehicles
Balance sheet and result. The median net result of €28,363 is above Belgium's €16,539. Return on equity of 10.5% is below Belgium's 15.9%. 10.0% of the annual accounts show negative equity, against 12.4% in Belgium.
Bankruptcies. In 12 months, 8.1 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 79% of the 87 other NACE divisions. The median bankruptcy probability of 0.3% is above Belgium's 0.2%. By size, the median bankruptcy probability is 0.3% at under 10 FTE and 0.1% at 10 to 49 FTE.
Inflow and structure. Half of the companies are younger than 13.8 years, against 8.1 years in Belgium. 24.2% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 5.3 of 100 companies started, against 8.8 in Belgium. That is fewer than in 66% of the 86 other NACE divisions.
Staff and filing. The 5 largest employers hold 12,787 of the 23,077 FTE: 55.4%.
Direction. Median solvency rose from 40.3% in financial year 2020 to 41.5% in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 05-11-2026 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 29 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 1,275,887 companies with a main activity, because only those belong to a division. The other 699,448 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.